Userjoy Technology Co (ROCO:3546) Cyclically Adjusted Book per Share: NT$24.84 (As of Dec. 2025)

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ROCO:3546 Userjoy Technology Co Ltd ROCO:3546
75 GF Score
Price NT$71.00
GF Value NT$71.78
Valuation Fairly Valued
! 4 Warning Signs
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What is Userjoy Technology Co Cyclically Adjusted Book per Share?

Userjoy Technology Co ROCO:3546 -3.27% 75 Cyclically Adjusted Book per Share is NT$24.84 as of Dec. 2025. GuruFocus rates ROCO:3546 with a GF Score™ of 75/100 and a GF Value™ of NT$71.78 (Fairly Valued). The stock has 4 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.

Userjoy Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$24.758. 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$24.84 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Userjoy Technology Co's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Userjoy Technology Co was 7.50% per year. The lowest was 5.40% per year. And the median was 6.30% per year.

As of today (2026-07-15), Userjoy Technology Co's current stock price is NT$71.00. Userjoy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$24.84. Userjoy Technology Co's Cyclically Adjusted PB Ratio of today is 2.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Userjoy Technology Co was 4.62. The lowest was 2.52. And the median was 3.08.


Userjoy Technology Co  (ROCO:3546) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=71.00/24.84
=2.86

* 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 Userjoy Technology Co was 4.62. The lowest was 2.52. And the median was 3.08.


Be Aware

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


Userjoy Technology Co Cyclically Adjusted Book per Share Related Terms


Userjoy Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Userjoy 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.

Userjoy Technology Co Cyclically Adjusted Book per Share Chart

Userjoy 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 19.66 21.20 22.31 23.58 24.84

Userjoy Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 23.58 24.09 24.45 24.74 24.84

ROCO:3546 vs NTES, EA, TTWO: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Userjoy 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.


Userjoy Technology Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Userjoy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:3546
75GF Score
Userjoy Technology Co Ltd ROCO:3546
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Userjoy 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, Userjoy Technology Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=24.758/324.0540*324.0540
=24.758

Current CPI (Dec. 2025) = 324.0540.

Userjoy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 14.389 238.132 19.581
201606 16.040 241.018 21.566
201609 16.215 241.428 21.764
201612 16.440 241.432 22.066
201703 16.951 243.801 22.531
201706 16.142 244.955 21.354
201709 16.852 246.819 22.125
201712 17.892 246.524 23.519
201803 19.294 249.554 25.054
201806 18.399 251.989 23.661
201809 18.683 252.439 23.983
201812 19.060 251.233 24.585
201903 20.084 254.202 25.603
201906 17.839 256.143 22.569
201909 18.392 256.759 23.212
201912 19.417 256.974 24.486
202003 19.771 258.115 24.822
202006 19.377 257.797 24.357
202009 20.549 260.280 25.584
202012 21.736 260.474 27.042
202103 23.901 264.877 29.241
202106 24.893 271.696 29.690
202109 22.381 274.310 26.440
202112 23.739 278.802 27.592
202203 24.165 287.504 27.237
202206 22.027 296.311 24.089
202209 23.270 296.808 25.406
202212 24.663 296.797 26.928
202303 25.776 301.836 27.673
202306 22.705 305.109 24.115
202309 23.083 307.789 24.303
202312 25.025 306.746 26.437
202403 26.334 312.332 27.322
202406 24.134 314.175 24.893
202409 24.575 315.301 25.257
202412 26.543 315.605 27.254
202503 27.650 319.799 28.018
202506 23.901 322.561 24.012
202509 23.410 324.800 23.356
202512 24.758 324.054 24.758

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$24.84 mean?
Userjoy Technology Co (ROCO:3546) has a Cyclically Adjusted Book per Share of NT$24.84 as of Dec. 2025. 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 Userjoy Technology Co and its competitors.
Is Userjoy Technology Co's Cyclically Adjusted Book per Share too high?
Userjoy Technology Co's current Cyclically Adjusted Book per Share is NT$24.84. Overall, Userjoy Technology Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Userjoy Technology Co's Cyclically Adjusted Book per Share compare to NTES and EA?
Userjoy Technology Co's Cyclically Adjusted Book per Share of NT$24.84 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 Userjoy Technology Co and its competitors. Userjoy Technology Co's current Cyclically Adjusted Book per Share is NT$24.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Userjoy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Userjoy Technology Co (ROCO:3546) is currently considered Fairly Valued. The stock's GF Value™ is NT$71.78, compared to a current price of NT$71.00 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$24.84. Userjoy Technology Co's overall GF Score™ is 75/100 with 4 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 Userjoy Technology Co (ROCO:3546), the current Cyclically Adjusted Book per Share is NT$24.84 as of Dec. 2025. 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 Userjoy Technology Co (ROCO:3546) Overvalued in 2026?

Based on GuruFocus' analysis, Userjoy Technology Co stock appears to be undervalued. The current stock price of NT$71.00 is trading 1.1% below its estimated GF Value™ of NT$71.78. GuruFocus considers Userjoy Technology Co to be Fairly Valued.

Key valuation signals for ROCO:3546:

  • Cyclically Adjusted Book per Share: NT$24.84
  • GF Value™: NT$71.78 vs. price of NT$71.00 (1.1% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the ROCO:3546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Userjoy Technology Co Business Description

Address No. 2, Jianba Road, 17th Floor, Unit 8, Zhonghe District, Taipei, TWN, 235
Userjoy Technology Co Ltd engaged in the design, research and development and sale of game software. The company only has a single operating segment, which is mainly engaged in the design, research and development and sales of game software in Taiwan.
75GF Score

Get the complete analysis for ROCO:3546

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

NT$71.00
Price
NT$71.78
GF Value