Netronix (ROCO:6143) Cyclically Adjusted Book per Share: NT$32.24 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6143 Netronix Inc ROCO:6143
82 GF Score
Price NT$95.70
GF Value NT$142.35
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Netronix Cyclically Adjusted Book per Share?

Netronix ROCO:6143 -0.10% 82 Cyclically Adjusted Book per Share is NT$32.24 as of Dec. 2025. GuruFocus rates ROCO:6143 with a GF Score™ of 82/100 and a GF Value™ of NT$142.35 (Significantly Undervalued). 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.

Netronix's adjusted book value per share for the three months ended in Dec. 2025 was NT$35.750. 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$32.24 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Netronix's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Netronix was 5.50% per year. The lowest was 2.80% per year. And the median was 4.45% per year.

As of today (2026-07-26), Netronix's current stock price is NT$95.70. Netronix's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$32.24. Netronix's Cyclically Adjusted PB Ratio of today is 2.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Netronix was 4.86. The lowest was 1.04. And the median was 2.45.


Netronix  (ROCO:6143) 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.

Netronix's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=95.70/32.24
=2.97

* 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 Netronix was 4.86. The lowest was 1.04. And the median was 2.45.


Be Aware

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


Netronix Cyclically Adjusted Book per Share Related Terms


Netronix Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Netronix'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.

Netronix Cyclically Adjusted Book per Share Chart

Netronix 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 27.87 29.70 30.50 31.48 32.24

Netronix 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 31.48 31.78 32.12 32.31 32.24

ROCO:6143 vs CSCO, CIEN, MSI: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Netronix'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.


Netronix Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6143
82GF Score
Netronix Inc ROCO:6143
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netronix 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, Netronix'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)
=35.75/324.0540*324.0540
=35.750

Current CPI (Dec. 2025) = 324.0540.

Netronix Quarterly Data

Book Value per Share CPI Adj_Book
201603 25.207 238.132 34.302
201606 24.261 241.018 32.619
201609 23.846 241.428 32.007
201612 27.919 241.432 37.473
201703 24.422 243.801 32.461
201706 22.899 244.955 30.293
201709 23.290 246.819 30.578
201712 23.750 246.524 31.219
201803 23.208 249.554 30.136
201806 24.725 251.989 31.796
201809 25.716 252.439 33.011
201812 26.781 251.233 34.544
201903 27.403 254.202 34.933
201906 23.868 256.143 30.196
201909 24.043 256.759 30.345
201912 25.079 256.974 31.626
202003 24.769 258.115 31.097
202006 23.010 257.797 28.924
202009 23.761 260.280 29.583
202012 24.821 260.474 30.880
202103 25.801 264.877 31.565
202106 24.097 271.696 28.741
202109 24.312 274.310 28.721
202112 25.930 278.802 30.139
202203 27.870 287.504 31.413
202206 26.504 296.311 28.986
202209 29.159 296.808 31.836
202212 31.943 296.797 34.877
202303 32.785 301.836 35.198
202306 30.410 305.109 32.298
202309 32.416 307.789 34.129
202312 32.971 306.746 34.831
202403 30.738 312.332 31.892
202406 32.859 314.175 33.892
202409 34.127 315.301 35.074
202412 36.502 315.605 37.479
202503 30.750 319.799 31.159
202506 30.659 322.561 30.801
202509 32.859 324.800 32.784
202512 35.750 324.054 35.750

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$32.24 mean?
Netronix (ROCO:6143) has a Cyclically Adjusted Book per Share of NT$32.24 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 Netronix and its competitors.
Is Netronix's Cyclically Adjusted Book per Share too high?
Netronix's current Cyclically Adjusted Book per Share is NT$32.24. Overall, Netronix has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netronix's Cyclically Adjusted Book per Share compare to CSCO and CIEN?
Netronix's Cyclically Adjusted Book per Share of NT$32.24 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 Netronix and its competitors. Netronix's current Cyclically Adjusted Book per Share is NT$32.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netronix stock overvalued right now?
Based on GuruFocus' analysis, Netronix (ROCO:6143) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$142.35, compared to a current price of NT$95.70 — trading 32.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$32.24. Netronix's overall GF Score™ is 82/100 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 Netronix (ROCO:6143), the current Cyclically Adjusted Book per Share is NT$32.24 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 Netronix (ROCO:6143) Overvalued in 2026?

Based on GuruFocus' analysis, Netronix stock appears to be undervalued. The current stock price of NT$95.70 is trading 32.8% below its estimated GF Value™ of NT$142.35. GuruFocus considers Netronix to be Significantly Undervalued.

Key valuation signals for ROCO:6143:

  • Cyclically Adjusted Book per Share: NT$32.24
  • GF Value™: NT$142.35 vs. price of NT$95.70 (32.8% below fair value)
  • GF Score™: 82/100 with 1 warning sign

No single metric tells the full story. See the ROCO:6143 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netronix Business Description

Address No. 945, Boai Street, Hsinchu, Jubei City, TWN, 302
Netronix Inc engages in the design, manufacture, processing, wholesale and sale of communications devices, industrial PCs, speakers, e-books, internet-based surveillance systems, network products and peripherals. The group has three reportable segments: the Consumer Electronics segment, the Computer Peripherals segment, and Others. The consumer electronics segment is involved in manufacture and sale of e-books, network products, and industrial PCs. The computer peripherals segment is involved in the manufacture and sale of speaker products. The segment of others mainly derives revenues from general processing fees and manufacture and sale of biomedical products. The company derives maximum revenue from consumer electronics segment.
82GF Score

Get the complete analysis for ROCO:6143

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

NT$95.70
Price
NT$142.35
GF Value