NEXCOM International Co (ROCO:8234) Cyclically Adjusted Book per Share: NT$22.74 (As of Dec. 2025)

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ROCO:8234 NEXCOM International Co Ltd ROCO:8234
68 GF Score
Price NT$64.30
GF Value NT$54.31
Valuation Modestly Overvalued
! 4 Warning Signs
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What is NEXCOM International Co Cyclically Adjusted Book per Share?

NEXCOM International Co ROCO:8234 +1.25% 68 Cyclically Adjusted Book per Share is NT$22.74 as of Dec. 2025. GuruFocus rates ROCO:8234 with a GF Score™ of 68/100 and a GF Value™ of NT$54.31 (Modestly Overvalued). 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.

NEXCOM International Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$21.894. 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$22.74 for the trailing ten years ended in Dec. 2025.

During the past 12 months, NEXCOM International Co'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 3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 NEXCOM International Co was 8.30% per year. The lowest was 3.80% per year. And the median was 6.70% per year.

As of today (2026-07-24), NEXCOM International Co's current stock price is NT$64.30. NEXCOM International Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$22.74. NEXCOM International Co's Cyclically Adjusted PB Ratio of today is 2.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NEXCOM International Co was 4.98. The lowest was 1.13. And the median was 1.87.


NEXCOM International Co  (ROCO:8234) 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.

NEXCOM International Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=64.30/22.74
=2.83

* 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 NEXCOM International Co was 4.98. The lowest was 1.13. And the median was 1.87.


Be Aware

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


NEXCOM International Co Cyclically Adjusted Book per Share Related Terms


NEXCOM International Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for NEXCOM International 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.

NEXCOM International Co Cyclically Adjusted Book per Share Chart

NEXCOM International 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 18.57 20.31 21.51 22.21 22.74

NEXCOM International 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 22.21 22.49 22.70 22.83 22.74

ROCO:8234 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, NEXCOM International 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.


NEXCOM International Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:8234
68GF Score
NEXCOM International Co Ltd ROCO:8234
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEXCOM International 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, NEXCOM International 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)
=21.894/324.0540*324.0540
=21.894

Current CPI (Dec. 2025) = 324.0540.

NEXCOM International Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 17.229 238.132 23.446
201606 16.429 241.018 22.089
201609 16.679 241.428 22.387
201612 17.275 241.432 23.187
201703 16.904 243.801 22.468
201706 16.040 244.955 21.220
201709 16.420 246.819 21.558
201712 16.701 246.524 21.953
201803 17.074 249.554 22.171
201806 16.620 251.989 21.373
201809 16.775 252.439 21.534
201812 17.334 251.233 22.358
201903 17.748 254.202 22.625
201906 17.607 256.143 22.275
201909 17.937 256.759 22.638
201912 18.284 256.974 23.057
202003 18.364 258.115 23.055
202006 17.809 257.797 22.386
202009 18.087 260.280 22.519
202012 18.530 260.474 23.053
202103 18.215 264.877 22.284
202106 18.248 271.696 21.765
202109 17.967 274.310 21.225
202112 18.627 278.802 21.650
202203 19.397 287.504 21.863
202206 19.118 296.311 20.908
202209 23.842 296.808 26.031
202212 24.366 296.797 26.604
202303 25.189 301.836 27.043
202306 22.425 305.109 23.817
202309 23.390 307.789 24.626
202312 22.690 306.746 23.970
202403 22.779 312.332 23.634
202406 21.746 314.175 22.430
202409 21.789 315.301 22.394
202412 22.455 315.605 23.056
202503 23.126 319.799 23.434
202506 21.868 322.561 21.969
202509 21.831 324.800 21.781
202512 21.894 324.054 21.894

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$22.74 mean?
NEXCOM International Co (ROCO:8234) has a Cyclically Adjusted Book per Share of NT$22.74 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 NEXCOM International Co and its competitors.
Is NEXCOM International Co's Cyclically Adjusted Book per Share too high?
NEXCOM International Co's current Cyclically Adjusted Book per Share is NT$22.74. Overall, NEXCOM International Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEXCOM International Co's Cyclically Adjusted Book per Share compare to SNDK and DELL?
NEXCOM International Co's Cyclically Adjusted Book per Share of NT$22.74 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 NEXCOM International Co and its competitors. NEXCOM International Co's current Cyclically Adjusted Book per Share is NT$22.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXCOM International Co stock overvalued right now?
Based on GuruFocus' analysis, NEXCOM International Co (ROCO:8234) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$54.31, compared to a current price of NT$64.30 — trading 18.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$22.74. NEXCOM International Co's overall GF Score™ is 68/100 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 NEXCOM International Co (ROCO:8234), the current Cyclically Adjusted Book per Share is NT$22.74 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 NEXCOM International Co (ROCO:8234) Overvalued in 2026?

Based on GuruFocus' analysis, NEXCOM International Co stock appears to be overvalued. The current stock price of NT$64.30 is trading 18.4% above its estimated GF Value™ of NT$54.31. GuruFocus considers NEXCOM International Co to be Modestly Overvalued.

Key valuation signals for ROCO:8234:

  • Cyclically Adjusted Book per Share: NT$22.74
  • GF Value™: NT$54.31 vs. price of NT$64.30 (18.4% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the ROCO:8234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXCOM International Co Business Description

Address Zhongzheng Road, 9th Floor, No.920, Zhonghe District, New Taipei City, TWN, 23586
NEXCOM International Co Ltd is engaged in the manufacture and sales of industrial personal computers and peripherals, distribution agency services, and the design of computer programs and software applications. The Group is mainly engaged in the manufacture and sale of industrial personal computers. Its products and solutions include OT Cybersecurity Solutions, IoT Automation Solutions, Intelligent Platforms for Smart Cities, Mobile Computing Solutions, Network and Communication Solutions, Intelligent Video Surveillance, Industrial Wireless Solutions, Medical & Healthcare Informatics, solution demo, and other related offerings. The Group operates in Taiwan, Asia, and America, with Taiwan generating the majority of revenue.
68GF Score

Get the complete analysis for ROCO:8234

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

NT$64.30
Price
NT$54.31
GF Value