Ablerex Electronics Co (ROCO:3628) Cyclically Adjusted Book per Share: NT$40.97 (As of Dec. 2025)

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ROCO:3628 Ablerex Electronics Co Ltd ROCO:3628
74 GF Score
Price NT$73.20
GF Value NT$51.26
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Ablerex Electronics Co Cyclically Adjusted Book per Share?

Ablerex Electronics Co ROCO:3628 +0.41% 74 Cyclically Adjusted Book per Share is NT$40.97 as of Dec. 2025. GuruFocus rates ROCO:3628 with a GF Score™ of 74/100 and a GF Value™ of NT$51.26 (Significantly Overvalued). The stock has 1 warning sign 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.

Ablerex Electronics Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$37.207. 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$40.97 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ablerex Electronics Co's average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Ablerex Electronics Co was 2.80% per year. The lowest was 0.20% per year. And the median was 1.80% per year.

As of today (2026-07-16), Ablerex Electronics Co's current stock price is NT$73.20. Ablerex Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$40.97. Ablerex Electronics Co's Cyclically Adjusted PB Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ablerex Electronics Co was 2.23. The lowest was 0.65. And the median was 1.04.


Ablerex Electronics Co  (ROCO:3628) 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.

Ablerex Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=73.20/40.97
=1.79

* 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 Ablerex Electronics Co was 2.23. The lowest was 0.65. And the median was 1.04.


Be Aware

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


Ablerex Electronics Co Cyclically Adjusted Book per Share Related Terms


Ablerex Electronics Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ablerex Electronics 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.

Ablerex Electronics Co Cyclically Adjusted Book per Share Chart

Ablerex Electronics 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 39.31 40.78 41.34 41.33 40.97

Ablerex Electronics 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 41.33 41.46 41.48 41.45 40.97

ROCO:3628 vs VRT, BE: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Ablerex Electronics 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.


Ablerex Electronics Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ablerex Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:3628
74GF Score
Ablerex Electronics Co Ltd ROCO:3628
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ablerex Electronics 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, Ablerex Electronics 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)
=37.207/324.0540*324.0540
=37.207

Current CPI (Dec. 2025) = 324.0540.

Ablerex Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 37.715 238.132 51.323
201606 35.286 241.018 47.443
201609 35.072 241.428 47.075
201612 36.286 241.432 48.704
201703 35.506 243.801 47.194
201706 33.130 244.955 43.828
201709 33.820 246.819 44.403
201712 34.691 246.524 45.601
201803 35.328 249.554 45.875
201806 33.329 251.989 42.861
201809 33.369 252.439 42.836
201812 33.725 251.233 43.500
201903 33.652 254.202 42.899
201906 32.422 256.143 41.018
201909 32.744 256.759 41.326
201912 32.638 256.974 41.158
202003 31.637 258.115 39.719
202006 31.941 257.797 40.150
202009 32.169 260.280 40.051
202012 32.576 260.474 40.528
202103 31.606 264.877 38.667
202106 31.610 271.696 37.702
202109 31.896 274.310 37.680
202112 33.057 278.802 38.422
202203 32.364 287.504 36.478
202206 32.567 296.311 35.616
202209 33.366 296.808 36.429
202212 38.582 296.797 42.125
202303 36.768 301.836 39.474
202306 37.286 305.109 39.601
202309 37.985 307.789 39.992
202312 37.449 306.746 39.562
202403 35.898 312.332 37.245
202406 36.144 314.175 37.281
202409 36.842 315.301 37.865
202412 37.876 315.605 38.890
202503 36.584 319.799 37.071
202506 35.697 322.561 35.862
202509 38.211 324.800 38.123
202512 37.207 324.054 37.207

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$40.97 mean?
Ablerex Electronics Co (ROCO:3628) has a Cyclically Adjusted Book per Share of NT$40.97 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 Ablerex Electronics Co and its competitors.
Is Ablerex Electronics Co's Cyclically Adjusted Book per Share too high?
Ablerex Electronics Co's current Cyclically Adjusted Book per Share is NT$40.97. Overall, Ablerex Electronics Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ablerex Electronics Co's Cyclically Adjusted Book per Share compare to VRT and BE?
Ablerex Electronics Co's Cyclically Adjusted Book per Share of NT$40.97 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Ablerex Electronics Co and its competitors. Ablerex Electronics Co's current Cyclically Adjusted Book per Share is NT$40.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ablerex Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Ablerex Electronics Co (ROCO:3628) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$51.26, compared to a current price of NT$73.20 — trading 42.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$40.97. Ablerex Electronics Co's overall GF Score™ is 74/100 with 1 warning sign 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 Ablerex Electronics Co (ROCO:3628), the current Cyclically Adjusted Book per Share is NT$40.97 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 Ablerex Electronics Co (ROCO:3628) Overvalued in 2026?

Based on GuruFocus' analysis, Ablerex Electronics Co stock appears to be overvalued. The current stock price of NT$73.20 is trading 42.8% above its estimated GF Value™ of NT$51.26. GuruFocus considers Ablerex Electronics Co to be Significantly Overvalued.

Key valuation signals for ROCO:3628:

  • Cyclically Adjusted Book per Share: NT$40.97
  • GF Value™: NT$51.26 vs. price of NT$73.20 (42.8% above fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the ROCO:3628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ablerex Electronics Co Business Description

Address No. 3, Lane 7, Baogao Road, 1st Floor, New Taipei, Xindian District, Taipei, TWN, 23144
Ablerex Electronics Co Ltd is engaged in developing power supply products. The company manufactures uninterrupted power supply equipment and systems. Its operating segment includes First Business Division; Second Business Division, Technical Services Division, and Energy Division. The company generates maximum revenue from the Second Business Division segment. Its Second Business Division segment is responsible for international sales and market promotion of self-manufactured products. Geographically, it derives a majority of revenue from Taiwan. The products of the company include an energy storage system, photovoltaic device, automatic transfer switch, monitoring and management system, active power filter, UPS, and others.
74GF Score

Get the complete analysis for ROCO:3628

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

NT$73.20
Price
NT$51.26
GF Value