Thermaltake Technology Co (ROCO:3540) Cyclically Adjusted Book per Share: NT$26.02 (As of Jun. 2026)

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ROCO:3540 Thermaltake Technology Co Ltd ROCO:3540
58 GF Score
Price NT$24.40
GF Value NT$42.09
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Thermaltake Technology Co Cyclically Adjusted Book per Share?

Thermaltake Technology Co ROCO:3540 -1.61% 58 Cyclically Adjusted Book per Share is NT$26.02 as of Jun. 2026. GuruFocus rates ROCO:3540 with a GF Score™ of 58/100 and a GF Value™ of NT$42.09 (Possible Value Trap). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Thermaltake Technology Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$27.264. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$26.02 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Thermaltake Technology Co's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Thermaltake Technology Co was 6.30% per year. The lowest was 3.60% per year. And the median was 5.20% per year.

As of today (2026-08-27), Thermaltake Technology Co's current stock price is NT$24.40. Thermaltake Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$26.02. Thermaltake Technology Co's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thermaltake Technology Co was 4.01. The lowest was 0.75. And the median was 1.50.


Thermaltake Technology Co  (ROCO:3540) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Thermaltake Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.40/26.02
=0.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thermaltake Technology Co was 4.01. The lowest was 0.75. And the median was 1.50.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Thermaltake Technology Co Cyclically Adjusted Book per Share Related Terms


Thermaltake Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Thermaltake Technology Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thermaltake Technology Co Cyclically Adjusted Book per Share Chart

Thermaltake Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.22 22.63 23.56 24.43 25.14

Thermaltake Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.03 25.19 25.14 25.64 26.02

ROCO:3540 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Thermaltake Technology Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thermaltake Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Thermaltake Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thermaltake Technology Co's Cyclically Adjusted PB Ratio falls into.


ROCO:3540
58GF Score
Thermaltake Technology Co Ltd ROCO:3540
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thermaltake Technology Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Thermaltake Technology Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=27.264/333.9520*333.9520
=27.264

Current CPI (Jun. 2026) = 333.9520.

Thermaltake Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.914 241.428 23.396
201612 18.138 241.432 25.089
201703 17.114 243.801 23.442
201706 17.264 244.955 23.536
201709 17.839 246.819 24.137
201712 18.021 246.524 24.412
201803 18.700 249.554 25.024
201806 18.535 251.989 24.564
201809 18.968 252.439 25.093
201812 19.177 251.233 25.491
201903 19.669 254.202 25.840
201906 18.764 256.143 24.464
201909 18.823 256.759 24.482
201912 18.507 256.974 24.051
202003 18.746 258.115 24.254
202006 19.614 257.797 25.408
202009 22.316 260.280 28.633
202012 23.459 260.474 30.077
202103 25.441 264.877 32.076
202106 25.856 271.696 31.781
202109 22.844 274.310 27.811
202112 22.796 278.802 27.305
202203 23.175 287.504 26.919
202206 22.267 296.311 25.096
202209 24.047 296.808 27.056
202212 23.683 296.797 26.648
202303 24.080 301.836 26.642
202306 24.874 305.109 27.225
202309 26.140 307.789 28.362
202312 24.811 306.746 27.012
202403 25.883 312.332 27.675
202406 25.360 314.175 26.956
202409 23.862 315.301 25.274
202412 24.275 315.605 25.686
202503 25.195 319.799 26.310
202506 22.202 322.561 22.986
202509 23.042 324.800 23.691
202512 24.114 324.054 24.851
202603 24.696 330.213 24.976
202606 27.264 333.952 27.264

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of NT$26.02 mean?
Thermaltake Technology Co (ROCO:3540) has a Cyclically Adjusted Book per Share of NT$26.02 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Thermaltake Technology Co and its competitors.
Is Thermaltake Technology Co's Cyclically Adjusted Book per Share too high?
Thermaltake Technology Co's current Cyclically Adjusted Book per Share is NT$26.02. Overall, Thermaltake Technology Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermaltake Technology Co's Cyclically Adjusted Book per Share compare to SNX and ARW?
Thermaltake Technology Co's Cyclically Adjusted Book per Share of NT$26.02 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Thermaltake Technology Co and its competitors. Thermaltake Technology Co's current Cyclically Adjusted Book per Share is NT$26.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermaltake Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thermaltake Technology Co (ROCO:3540) is currently considered Possible Value Trap. The stock's GF Value™ is NT$42.09, compared to a current price of NT$24.40 — trading 42% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$26.02. Thermaltake Technology Co's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Thermaltake Technology Co (ROCO:3540), the current Cyclically Adjusted Book per Share is NT$26.02 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thermaltake Technology Co (ROCO:3540) Overvalued in 2026?

Based on GuruFocus' analysis, Thermaltake Technology Co stock appears to be undervalued. The current stock price of NT$24.40 is trading 42% below its estimated GF Value™ of NT$42.09. GuruFocus considers Thermaltake Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3540:

  • Cyclically Adjusted Book per Share: NT$26.02
  • GF Value™: NT$42.09 vs. price of NT$24.40 (42% below fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the ROCO:3540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermaltake Technology Co Business Description

Address Tiding boulevard, 5th Floor, No. 185, Section 2, Neihu District, New Taipei City, TWN, 114
Thermaltake Technology Co Ltd currently engages in the wholesale of electronic materials, office machinery, and equipment, the design and trading of computers, and peripheral equipment. Geographically, the company has a presence in America, Asia, Europe, and other regions.
58GF Score

Get the complete analysis for ROCO:3540

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$24.40
Price
NT$42.09
GF Value