Superior Plating Technology Co (ROCO:8431) Cyclically Adjusted Book per Share: NT$21.71 (As of Dec. 2025)

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ROCO:8431 Superior Plating Technology Co Ltd ROCO:8431
61 GF Score
Price NT$44.80
GF Value NT$59.79
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Superior Plating Technology Co Cyclically Adjusted Book per Share?

Superior Plating Technology Co ROCO:8431 -6.76% 61 Cyclically Adjusted Book per Share is NT$21.71 as of Dec. 2025. GuruFocus rates ROCO:8431 with a GF Score™ of 61/100 and a GF Value™ of NT$59.79 (Modestly Undervalued). The stock has 7 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.

Superior Plating Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$16.316. 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$21.71 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Superior Plating Technology Co's average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.60% 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 Superior Plating Technology Co was 0.40% per year. The lowest was -1.60% per year. And the median was -0.60% per year.

As of today (2026-07-19), Superior Plating Technology Co's current stock price is NT$44.80. Superior Plating Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$21.71. Superior Plating Technology Co's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Superior Plating Technology Co was 3.53. The lowest was 1.64. And the median was 2.36.


Superior Plating Technology Co  (ROCO:8431) 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.

Superior Plating Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.80/21.71
=2.06

* 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 Superior Plating Technology Co was 3.53. The lowest was 1.64. And the median was 2.36.


Be Aware

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


Superior Plating Technology Co Cyclically Adjusted Book per Share Related Terms


Superior Plating Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Superior Plating Technology 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.

Superior Plating Technology Co Cyclically Adjusted Book per Share Chart

Superior Plating Technology 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 22.22 22.81 22.72 22.49 21.71

Superior Plating Technology 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 22.49 22.45 22.29 22.10 21.71

ROCO:8431 vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Superior Plating Technology 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.


Superior Plating Technology Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Superior Plating Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Superior Plating Technology Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8431
61GF Score
Superior Plating Technology Co Ltd ROCO:8431
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Superior Plating Technology 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, Superior Plating Technology 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)
=16.316/324.0540*324.0540
=16.316

Current CPI (Dec. 2025) = 324.0540.

Superior Plating Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 22.548 238.132 30.684
201606 22.430 241.018 30.158
201609 21.258 241.428 28.533
201612 20.748 241.432 27.848
201703 19.640 243.801 26.105
201706 18.837 244.955 24.920
201709 18.676 246.819 24.520
201712 18.110 246.524 23.805
201803 18.263 249.554 23.715
201806 17.691 251.989 22.750
201809 17.981 252.439 23.082
201812 16.863 251.233 21.751
201903 16.428 254.202 20.942
201906 15.701 256.143 19.864
201909 15.538 256.759 19.610
201912 14.938 256.974 18.837
202003 14.786 258.115 18.563
202006 14.878 257.797 18.702
202009 15.764 260.280 19.627
202012 17.048 260.474 21.209
202103 18.104 264.877 22.149
202106 18.551 271.696 22.126
202109 18.378 274.310 21.711
202112 19.585 278.802 22.764
202203 20.176 287.504 22.741
202206 18.625 296.311 20.369
202209 19.210 296.808 20.973
202212 18.382 296.797 20.070
202303 18.143 301.836 19.478
202306 18.080 305.109 19.203
202309 18.905 307.789 19.904
202312 18.840 306.746 19.903
202403 18.412 312.332 19.103
202406 18.884 314.175 19.478
202409 19.739 315.301 20.287
202412 20.653 315.605 21.206
202503 20.446 319.799 20.718
202506 17.685 322.561 17.767
202509 16.986 324.800 16.947
202512 16.316 324.054 16.316

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$21.71 mean?
Superior Plating Technology Co (ROCO:8431) has a Cyclically Adjusted Book per Share of NT$21.71 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 Superior Plating Technology Co and its competitors.
Is Superior Plating Technology Co's Cyclically Adjusted Book per Share too high?
Superior Plating Technology Co's current Cyclically Adjusted Book per Share is NT$21.71. Overall, Superior Plating Technology Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Superior Plating Technology Co's Cyclically Adjusted Book per Share compare to LIN and SHW?
Superior Plating Technology Co's Cyclically Adjusted Book per Share of NT$21.71 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Superior Plating Technology Co and its competitors. Superior Plating Technology Co's current Cyclically Adjusted Book per Share is NT$21.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superior Plating Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Superior Plating Technology Co (ROCO:8431) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$59.79, compared to a current price of NT$44.80 — trading 25.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$21.71. Superior Plating Technology Co's overall GF Score™ is 61/100 with 7 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 Superior Plating Technology Co (ROCO:8431), the current Cyclically Adjusted Book per Share is NT$21.71 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 Superior Plating Technology Co (ROCO:8431) Overvalued in 2026?

Based on GuruFocus' analysis, Superior Plating Technology Co stock appears to be undervalued. The current stock price of NT$44.80 is trading 25.1% below its estimated GF Value™ of NT$59.79. GuruFocus considers Superior Plating Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:8431:

  • Cyclically Adjusted Book per Share: NT$21.71
  • GF Value™: NT$59.79 vs. price of NT$44.80 (25.1% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the ROCO:8431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Superior Plating Technology Co Business Description

Address Xinhu 1st Road, 7th Floor, No.151, Neihu District, Taipei, TWN, 114
Superior Plating Technology Co Ltd is a Taiwan-based company engaged in the wholesale of electrical appliances, the wholesale of industrial catalysts, and the management and service of surface treatment technology. The reporting segments of the company are chemical plating, barrel plating, and continuous plating. The maximum revenue is generated from its Continuous plating segment. Geographically, it derives a majority of its revenue from China and the rest from Thailand, and other regions.
61GF Score

Get the complete analysis for ROCO:8431

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

NT$44.80
Price
NT$59.79
GF Value