Channel Well Technology Co (ROCO:3078) Cyclically Adjusted PB Ratio: 1.90 (As of Aug. 19, 2026) — 21% Below Median

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:3078 Channel Well Technology Co Ltd ROCO:3078
82 GF Score
Price NT$53.00
GF Value NT$54.28
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Channel Well Technology Co Cyclically Adjusted PB Ratio?

Channel Well Technology Co ROCO:3078 -0.38% 82 Cyclically Adjusted PB Ratio is 1.90 as of Aug. 19, 2026, which is 21% below its 10-year median of 2.42. GuruFocus rates ROCO:3078 with a GF Score™ of 82/100 and a GF Value™ of NT$54.28 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,176 Industrial Products companies, Channel Well Technology Co ranks better than 55.28% on this metric.

As of today (2026-08-19), Channel Well Technology Co's current share price is NT$53.00. Channel Well Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$27.94. Channel Well Technology Co's Cyclically Adjusted PB Ratio for today is 1.90.

The historical rank and industry rank for Channel Well Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:3078' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 2.42   Max: 3.71
Current: 1.9

During the past years, Channel Well Technology Co's highest Cyclically Adjusted PB Ratio was 3.71. The lowest was 1.00. And the median was 2.42.

ROCO:3078's Cyclically Adjusted PB Ratio is ranked better than
55.28% of 2176 companies
in the Industrial Products industry
Industry Median: 2.16 vs ROCO:3078: 1.90

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.

Channel Well Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$30.027. 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$27.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Channel Well Technology Co  (ROCO:3078) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Channel Well Technology Co Cyclically Adjusted PB Ratio Related Terms


Channel Well Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Channel Well Technology Co's Cyclically Adjusted PB Ratio 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.

Channel Well Technology Co Cyclically Adjusted PB Ratio Chart

Channel Well Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 1.27 3.54 2.79 2.60

Channel Well Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 3.08 3.02 2.60 2.03 1.90

ROCO:3078 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Channel Well 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.


Channel Well Technology Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Channel Well Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:3078
82GF Score
Channel Well Technology Co Ltd ROCO:3078
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Channel Well Technology Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Channel Well Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.00/27.94
=1.90

* 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.

Channel Well Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Channel Well Technology Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=30.027/333.9520*333.9520
=30.027

Current CPI (Jun. 2026) = 333.9520.

Channel Well Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.360 241.428 24.013
201612 18.421 241.432 25.480
201703 18.300 243.801 25.067
201706 16.746 244.955 22.830
201709 17.899 246.819 24.218
201712 18.709 246.524 25.344
201803 19.011 249.554 25.440
201806 18.403 251.989 24.389
201809 18.904 252.439 25.008
201812 19.590 251.233 26.040
201903 20.071 254.202 26.368
201906 19.197 256.143 25.029
201909 19.827 256.759 25.788
201912 20.206 256.974 26.259
202003 20.417 258.115 26.416
202006 20.063 257.797 25.990
202009 21.683 260.280 27.820
202012 23.404 260.474 30.006
202103 24.692 264.877 31.131
202106 25.600 271.696 31.466
202109 23.431 274.310 28.525
202112 24.435 278.802 29.269
202203 25.683 287.504 29.832
202206 23.152 296.311 26.093
202209 24.304 296.808 27.346
202212 24.758 296.797 27.857
202303 25.998 301.836 28.764
202306 25.573 305.109 27.991
202309 28.718 307.789 31.159
202312 28.982 306.746 31.552
202403 26.292 312.332 28.112
202406 27.968 314.175 29.729
202409 28.863 315.301 30.570
202412 30.784 315.605 32.574
202503 28.908 319.799 30.187
202506 28.223 322.561 29.220
202509 30.527 324.800 31.387
202512 32.318 324.054 33.305
202603 29.585 330.213 29.920
202606 30.027 333.952 30.027

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 1.90 mean?
Channel Well Technology Co (ROCO:3078) has a Cyclically Adjusted PB Ratio of 1.90 as of Aug. 19, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Channel Well Technology Co and its competitors. This is 21% below median its historical median of 2.42. Over the past decade, Channel Well Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.00 to 3.71. According to the industry distribution chart, Channel Well Technology Co ranks #973 out of 2176 companies in the Industrial Products industry, placing it in the top 44.7%.
Is Channel Well Technology Co's Cyclically Adjusted PB Ratio too high?
Channel Well Technology Co's current Cyclically Adjusted PB Ratio of 1.90 is 21% below median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 3.71. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Channel Well Technology Co's value of 1.90 is 12% below this industry median. Based on the distribution chart, Channel Well Technology Co ranks #973 out of 2176 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Channel Well Technology Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Channel Well Technology Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Channel Well Technology Co ranks #973 out of 2176 companies for Cyclically Adjusted PB Ratio. This puts Channel Well Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Channel Well Technology Co's value of 1.90 is 12% below this benchmark. Historically, Channel Well Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 3.71 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 2.16, Channel Well Technology Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,176 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Channel Well Technology Co's current Cyclically Adjusted PB Ratio of 1.90 is 12% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Channel Well Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Channel Well Technology Co's current Cyclically Adjusted PB Ratio is 1.90, which is 21% below median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Channel Well Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Channel Well Technology Co (ROCO:3078) is currently considered Fairly Valued. The stock's GF Value™ is NT$54.28, compared to a current price of NT$53.00 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is 21% below median its 10-year median of 2.42 and 12% below the Industrial Products industry median of 2.16. Channel Well Technology Co's overall GF Score™ is 82/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Channel Well Technology Co (ROCO:3078), the current Cyclically Adjusted PB Ratio is 1.90 as of Aug. 19, 2026. 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 Channel Well Technology Co (ROCO:3078) Overvalued in 2026?

Based on GuruFocus' analysis, Channel Well Technology Co stock appears to be undervalued. The current stock price of NT$53.00 is trading 2.4% below its estimated GF Value™ of NT$54.28. GuruFocus considers Channel Well Technology Co to be Fairly Valued.

Key valuation signals for ROCO:3078:

  • Cyclically Adjusted PB Ratio: 1.90 (21% below median its 10-year median of 2.42)
  • GF Value™: NT$54.28 vs. price of NT$53.00 (2.4% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 12% below the Industrial Products median (#973 of 2176)

No single metric tells the full story. See the ROCO:3078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Channel Well Technology Co Business Description

Address No. 208, Xingfu Road, 13th Floor, Taoyuan District, Taoyuan, TWN, 338
Channel Well Technology Co Ltd is engaged in the processing, manufacturing, and trading of power supply and electrical appliances as well as various electronic components. Its products include AI Intelligent Power Supply System, Computer power supply, Industrial power supply, Ethernet power supply, Ethernet Power Supply Module, Open-type power supply, External power supply, Charger / PD Charger, and Wireless charger. The company operates as a single reportable segment engaged in the processing, manufacturing, and trading of power supplies. Geographically, it derives the majority of revenue from the Asia region, followed by America, Europe, Taiwan, and Others.
82GF Score

Get the complete analysis for ROCO:3078

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

NT$53.00
Price
NT$54.28
GF Value