Macnica Galaxy (ROCO:6227) Cyclically Adjusted Book per Share: NT$29.47 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ROCO:6227 Macnica Galaxy Inc ROCO:6227
89 GF Score
Price NT$107.50
GF Value NT$96.70
Valuation Modestly Overvalued
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What is Macnica Galaxy Cyclically Adjusted Book per Share?

Macnica Galaxy ROCO:6227 +2.87% 89 Cyclically Adjusted Book per Share is NT$29.47 as of Dec. 2025. GuruFocus rates ROCO:6227 with a GF Score™ of 89/100 and a GF Value™ of NT$96.70 (Modestly Overvalued).

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.

Macnica Galaxy's adjusted book value per share for the three months ended in Dec. 2025 was NT$39.268. 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$29.47 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Macnica Galaxy's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Macnica Galaxy was 9.20% per year. The lowest was 7.00% per year. And the median was 8.00% per year.

As of today (2026-07-21), Macnica Galaxy's current stock price is NT$107.50. Macnica Galaxy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$29.47. Macnica Galaxy's Cyclically Adjusted PB Ratio of today is 3.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Macnica Galaxy was 4.97. The lowest was 0.75. And the median was 1.72.


Macnica Galaxy  (ROCO:6227) 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.

Macnica Galaxy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=107.50/29.47
=3.65

* 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 Macnica Galaxy was 4.97. The lowest was 0.75. And the median was 1.72.


Be Aware

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


Macnica Galaxy Cyclically Adjusted Book per Share Related Terms


Macnica Galaxy Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Macnica Galaxy'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.

Macnica Galaxy Cyclically Adjusted Book per Share Chart

Macnica Galaxy 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 21.75 24.05 25.77 27.57 29.47

Macnica Galaxy 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 27.57 28.19 28.68 29.18 29.47

ROCO:6227 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Macnica Galaxy'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.


Macnica Galaxy Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6227
89GF Score
Macnica Galaxy Inc ROCO:6227
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macnica Galaxy 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, Macnica Galaxy'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)
=39.268/324.0540*324.0540
=39.268

Current CPI (Dec. 2025) = 324.0540.

Macnica Galaxy Quarterly Data

Book Value per Share CPI Adj_Book
201603 19.423 238.132 26.431
201606 18.982 241.018 25.522
201609 18.673 241.428 25.064
201612 18.842 241.432 25.290
201703 19.304 243.801 25.658
201706 18.518 244.955 24.498
201709 19.104 246.819 25.082
201712 19.578 246.524 25.735
201803 19.851 249.554 25.777
201806 19.586 251.989 25.187
201809 20.516 252.439 26.336
201812 21.349 251.233 27.537
201903 21.719 254.202 27.687
201906 20.801 256.143 26.316
201909 21.432 256.759 27.049
201912 21.413 256.974 27.003
202003 22.131 258.115 27.785
202006 22.072 257.797 27.745
202009 22.343 260.280 27.817
202012 22.809 260.474 28.377
202103 23.686 264.877 28.978
202106 23.597 271.696 28.144
202109 25.010 274.310 29.545
202112 26.754 278.802 31.096
202203 28.677 287.504 32.323
202206 27.387 296.311 29.951
202209 29.776 296.808 32.509
202212 31.511 296.797 34.405
202303 27.790 301.836 29.836
202306 29.009 305.109 30.810
202309 30.596 307.789 32.213
202312 31.836 306.746 33.632
202403 29.984 312.332 31.109
202406 31.847 314.175 32.848
202409 33.182 315.301 34.103
202412 35.699 315.605 36.655
202503 33.768 319.799 34.217
202506 32.959 322.561 33.112
202509 36.279 324.800 36.196
202512 39.268 324.054 39.268

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$29.47 mean?
Macnica Galaxy (ROCO:6227) has a Cyclically Adjusted Book per Share of NT$29.47 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 Macnica Galaxy and its competitors.
Is Macnica Galaxy's Cyclically Adjusted Book per Share too high?
Macnica Galaxy's current Cyclically Adjusted Book per Share is NT$29.47. Overall, Macnica Galaxy has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macnica Galaxy's Cyclically Adjusted Book per Share compare to SNX and ARW?
Macnica Galaxy's Cyclically Adjusted Book per Share of NT$29.47 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 Macnica Galaxy and its competitors. Macnica Galaxy's current Cyclically Adjusted Book per Share is NT$29.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Galaxy stock overvalued right now?
Based on GuruFocus' analysis, Macnica Galaxy (ROCO:6227) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$96.70, compared to a current price of NT$107.50 — trading 11.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$29.47. Macnica Galaxy's overall GF Score™ is 89/100. 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 Macnica Galaxy (ROCO:6227), the current Cyclically Adjusted Book per Share is NT$29.47 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 Macnica Galaxy (ROCO:6227) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Galaxy stock appears to be overvalued. The current stock price of NT$107.50 is trading 11.2% above its estimated GF Value™ of NT$96.70. GuruFocus considers Macnica Galaxy to be Modestly Overvalued.

Key valuation signals for ROCO:6227:

  • Cyclically Adjusted Book per Share: NT$29.47
  • GF Value™: NT$96.70 vs. price of NT$107.50 (11.2% above fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the ROCO:6227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macnica Galaxy Business Description

Address No. 207-2, Section 3, Beixin Road, 14th Floor, Xindian District, New Taipei, TWN
Macnica Galaxy Inc operates as a distributor of IC products in Taiwan. It offers products under the brands such as Altair, Averlogic, Chipone (iML), Cypress, Dialog semiconductor, Everspin, FTDI Chip, Genesys Logic and others. The company ahs two segments: Macnica Galaxy Inc segment is responsible for engaging in the agency trading and technical services of semiconductor electronic components; and Macnica Galaxy International segment is responsible for the import and export trade of electronic and electrical components and finished products. It derives maximum revenue from Macnica Galaxy Inc segment.
89GF Score

Get the complete analysis for ROCO:6227

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

NT$107.50
Price
NT$96.70
GF Value