Insyde Software (ROCO:6231) Cyclically Adjusted Book per Share: NT$20.14 (As of Dec. 2025)

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ROCO:6231 Insyde Software Inc ROCO:6231
92 GF Score
Price NT$232.00
GF Value NT$255.77
Valuation Fairly Valued
! 3 Warning Signs
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What is Insyde Software Cyclically Adjusted Book per Share?

Insyde Software ROCO:6231 92 Cyclically Adjusted Book per Share is NT$20.14 as of Dec. 2025. GuruFocus rates ROCO:6231 with a GF Score™ of 92/100 and a GF Value™ of NT$255.77 (Fairly Valued). The stock has 3 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.

Insyde Software's adjusted book value per share for the three months ended in Dec. 2025 was NT$25.540. 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$20.14 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Insyde Software's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% 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 Insyde Software was 4.40% per year. The lowest was 3.40% per year. And the median was 4.05% per year.

As of today (2026-07-24), Insyde Software's current stock price is NT$232.00. Insyde Software's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$20.14. Insyde Software's Cyclically Adjusted PB Ratio of today is 11.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Insyde Software was 29.81. The lowest was 1.98. And the median was 5.47.


Insyde Software  (ROCO:6231) 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.

Insyde Software's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=232.00/20.14
=11.52

* 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 Insyde Software was 29.81. The lowest was 1.98. And the median was 5.47.


Be Aware

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


Insyde Software Cyclically Adjusted Book per Share Related Terms


Insyde Software Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Insyde Software'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.

Insyde Software Cyclically Adjusted Book per Share Chart

Insyde Software 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 17.05 17.94 18.48 19.39 20.14

Insyde Software 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 19.39 19.68 19.87 20.07 20.14

ROCO:6231 vs UBER, SHOP, CRM: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Insyde Software'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.


Insyde Software Cyclically Adjusted PB Ratio vs Software Industry

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

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


ROCO:6231
92GF Score
Insyde Software Inc ROCO:6231
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Insyde Software 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, Insyde Software'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)
=25.54/324.0540*324.0540
=25.540

Current CPI (Dec. 2025) = 324.0540.

Insyde Software Quarterly Data

Book Value per Share CPI Adj_Book
201603 14.829 238.132 20.180
201606 13.677 241.018 18.389
201609 13.195 241.428 17.711
201612 13.577 241.432 18.223
201703 13.405 243.801 17.818
201706 13.361 244.955 17.675
201709 13.534 246.819 17.769
201712 13.877 246.524 18.241
201803 13.889 249.554 18.035
201806 13.682 251.989 17.595
201809 14.203 252.439 18.232
201812 14.660 251.233 18.909
201903 14.908 254.202 19.005
201906 14.233 256.143 18.007
201909 14.776 256.759 18.649
201912 15.218 256.974 19.190
202003 15.593 258.115 19.576
202006 15.165 257.797 19.063
202009 16.310 260.280 20.306
202012 16.616 260.474 20.672
202103 17.298 264.877 21.163
202106 18.051 271.696 21.530
202109 16.453 274.310 19.437
202112 18.644 278.802 21.670
202203 20.448 287.504 23.048
202206 17.847 296.311 19.518
202209 19.938 296.808 21.768
202212 21.110 296.797 23.049
202303 16.482 301.836 17.695
202306 17.233 305.109 18.303
202309 18.978 307.789 19.981
202312 19.908 306.746 21.031
202403 19.692 312.332 20.431
202406 21.645 314.175 22.326
202409 23.420 315.301 24.070
202412 25.698 315.605 26.386
202503 21.039 319.799 21.319
202506 21.039 322.561 21.136
202509 23.104 324.800 23.051
202512 25.540 324.054 25.540

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$20.14 mean?
Insyde Software (ROCO:6231) has a Cyclically Adjusted Book per Share of NT$20.14 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 Insyde Software and its competitors.
Is Insyde Software's Cyclically Adjusted Book per Share too high?
Insyde Software's current Cyclically Adjusted Book per Share is NT$20.14. Overall, Insyde Software has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Insyde Software's Cyclically Adjusted Book per Share compare to UBER and SHOP?
Insyde Software's Cyclically Adjusted Book per Share of NT$20.14 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Insyde Software and its competitors. Insyde Software's current Cyclically Adjusted Book per Share is NT$20.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insyde Software stock overvalued right now?
Based on GuruFocus' analysis, Insyde Software (ROCO:6231) is currently considered Fairly Valued. The stock's GF Value™ is NT$255.77, compared to a current price of NT$232.00 — trading 9.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$20.14. Insyde Software's overall GF Score™ is 92/100 with 3 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 Insyde Software (ROCO:6231), the current Cyclically Adjusted Book per Share is NT$20.14 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 Insyde Software (ROCO:6231) Overvalued in 2026?

Based on GuruFocus' analysis, Insyde Software stock appears to be undervalued. The current stock price of NT$232.00 is trading 9.3% below its estimated GF Value™ of NT$255.77. GuruFocus considers Insyde Software to be Fairly Valued.

Key valuation signals for ROCO:6231:

  • Cyclically Adjusted Book per Share: NT$20.14
  • GF Value™: NT$255.77 vs. price of NT$232.00 (9.3% below fair value)
  • GF Score™: 92/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Insyde Software Business Description

Address Jianguo N. Road, 16th Floor, No.120, Section 2, Zhongshan District, Taipei, TWN
Insyde Software Inc is engaged in the software and system firmware design and development, installation, and program modification for companies in the mobile, desktop, server, and embedded systems industries. Its products include DATA CENTER, AI & HPC, Client Computing, and IoT, Embedded & The EDGE.
92GF Score

Get the complete analysis for ROCO:6231

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

NT$232.00
Price
NT$255.77
GF Value