LandMark Optoelectronics (ROCO:3081) Cyclically Adjusted PB Ratio: 61.34 (As of Aug. 24, 2026) — 803% Above 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:3081 LandMark Optoelectronics Corp ROCO:3081
75 GF Score
Price NT$2,920.00
GF Value NT$855.13
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is LandMark Optoelectronics Cyclically Adjusted PB Ratio?

LandMark Optoelectronics ROCO:3081 +5.04% 75 Cyclically Adjusted PB Ratio is 61.34 as of Aug. 24, 2026, which is 803% above its 10-year median of 6.79. GuruFocus rates ROCO:3081 with a GF Score™ of 75/100 and a GF Value™ of NT$855.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 725 Semiconductors companies, LandMark Optoelectronics ranks worse than 98.76% on this metric.

As of today (2026-08-24), LandMark Optoelectronics's current share price is NT$2920.00. LandMark Optoelectronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$47.60. LandMark Optoelectronics's Cyclically Adjusted PB Ratio for today is 61.34.

The historical rank and industry rank for LandMark Optoelectronics's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:3081' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 6.79   Max: 61.34
Current: 61.34

During the past years, LandMark Optoelectronics's highest Cyclically Adjusted PB Ratio was 61.34. The lowest was 1.98. And the median was 6.79.

ROCO:3081's Cyclically Adjusted PB Ratio is ranked worse than
98.76% of 725 companies
in the Semiconductors industry
Industry Median: 3.16 vs ROCO:3081: 61.34

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.

LandMark Optoelectronics's adjusted book value per share data for the three months ended in Jun. 2026 was NT$46.369. 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$47.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LandMark Optoelectronics  (ROCO:3081) 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.


LandMark Optoelectronics Cyclically Adjusted PB Ratio Related Terms


LandMark Optoelectronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LandMark Optoelectronics'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.

LandMark Optoelectronics Cyclically Adjusted PB Ratio Chart

LandMark Optoelectronics 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 0.00 0.00 2.19 7.82 11.97

LandMark Optoelectronics 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 6.38 8.82 11.97 30.37 38.58

ROCO:3081 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, LandMark Optoelectronics'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.


LandMark Optoelectronics Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ROCO:3081
75GF Score
LandMark Optoelectronics Corp ROCO:3081
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LandMark Optoelectronics 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.

LandMark Optoelectronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2920.00/47.60
=61.34

* 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.

LandMark Optoelectronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, LandMark Optoelectronics'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)
=46.369/333.9520*333.9520
=46.369

Current CPI (Jun. 2026) = 333.9520.

LandMark Optoelectronics Quarterly Data

Book Value per Share CPI Adj_Book
201609 37.644 241.428 52.071
201612 37.705 241.432 52.154
201703 38.449 243.801 52.666
201706 32.800 244.955 44.717
201709 34.927 246.819 47.257
201712 37.350 246.524 50.596
201803 39.319 249.554 52.617
201806 36.387 251.989 48.222
201809 38.048 252.439 50.334
201812 40.298 251.233 53.566
201903 41.189 254.202 54.111
201906 38.004 256.143 49.549
201909 39.495 256.759 51.369
201912 40.646 256.974 52.822
202003 41.722 258.115 53.980
202006 39.061 257.797 50.600
202009 40.914 260.280 52.495
202012 43.270 260.474 55.476
202103 45.310 264.877 57.126
202106 41.920 271.696 51.525
202109 42.346 274.310 51.553
202112 42.508 278.802 50.917
202203 42.814 287.504 49.731
202206 40.633 296.311 45.795
202209 41.885 296.808 47.127
202212 43.111 296.797 48.508
202303 39.694 301.836 43.918
202306 39.348 305.109 43.068
202309 38.483 307.789 41.754
202312 38.217 306.746 41.607
202403 37.242 312.332 39.820
202406 36.968 314.175 39.295
202409 36.914 315.301 39.098
202412 37.055 315.605 39.209
202503 37.110 319.799 38.752
202506 38.142 322.561 39.489
202509 39.223 324.800 40.328
202512 41.177 324.054 42.435
202603 41.659 330.213 42.131
202606 46.369 333.952 46.369

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 61.34 mean?
LandMark Optoelectronics (ROCO:3081) has a Cyclically Adjusted PB Ratio of 61.34 as of Aug. 24, 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 LandMark Optoelectronics and its competitors. This is 803% above median its historical median of 6.79. Over the past decade, LandMark Optoelectronics' Cyclically Adjusted PB Ratio has ranged from 1.98 to 61.34. According to the industry distribution chart, LandMark Optoelectronics ranks #716 out of 725 companies in the Semiconductors industry, placing it in the top 98.8%.
Is LandMark Optoelectronics' Cyclically Adjusted PB Ratio too high?
LandMark Optoelectronics' current Cyclically Adjusted PB Ratio of 61.34 is 803% above median its 10-year median of 6.79. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 61.34. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.16. LandMark Optoelectronics' value of 61.34 is 1841.1% above this industry median. Based on the distribution chart, LandMark Optoelectronics ranks #716 out of 725 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, LandMark Optoelectronics has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LandMark Optoelectronics' Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, LandMark Optoelectronics ranks #716 out of 725 companies for Cyclically Adjusted PB Ratio. This places LandMark Optoelectronics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.16. LandMark Optoelectronics' value of 61.34 is 1841.1% above this benchmark. Historically, LandMark Optoelectronics' own Cyclically Adjusted PB Ratio has ranged from 1.98 to 61.34 over the past decade. While the company's 10-year median is 6.79 vs. the industry median of 3.16, LandMark Optoelectronics has consistently been above 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 a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.16, based on 725 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. LandMark Optoelectronics's current Cyclically Adjusted PB Ratio of 61.34 is 1841.1% above 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 LandMark Optoelectronics and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LandMark Optoelectronics's current Cyclically Adjusted PB Ratio is 61.34, which is 803% above median its own 10-year median of 6.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LandMark Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, LandMark Optoelectronics (ROCO:3081) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$855.13, compared to a current price of NT$2,920.00 — trading 241.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 61.34, which is 803% above median its 10-year median of 6.79 and 1841.1% above the Semiconductors industry median of 3.16. LandMark Optoelectronics' overall GF Score™ is 75/100 with 6 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 LandMark Optoelectronics (ROCO:3081), the current Cyclically Adjusted PB Ratio is 61.34 as of Aug. 24, 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 LandMark Optoelectronics (ROCO:3081) Overvalued in 2026?

Based on GuruFocus' analysis, LandMark Optoelectronics stock appears to be overvalued. The current stock price of NT$2,920.00 is trading 241.5% above its estimated GF Value™ of NT$855.13. GuruFocus considers LandMark Optoelectronics to be Significantly Overvalued.

Key valuation signals for ROCO:3081:

  • Cyclically Adjusted PB Ratio: 61.34 (803% above median its 10-year median of 6.79)
  • GF Value™: NT$855.13 vs. price of NT$2,920.00 (241.5% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 1841.1% above the Semiconductors median (#716 of 725)

No single metric tells the full story. See the ROCO:3081 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LandMark Optoelectronics Business Description

Address No. 12, Nanke 9th Road, Southern Science Park, Shanhua District, Tainan, TWN
LandMark Optoelectronics Corp is active in the semiconductor industry as an epi-wafer supplier. It is engaged in the manufacturing, processing, and selling of optical semiconductors, laser diodes, and high brightness InAlGaP/AlGalnAs. The company operates in a single reportable segment, which is single product manufacturing and selling of wafers. Some of its products are DFB Epiwafer, EML Epiwafer, APD Epiwafer, FP Epiwafer, and PIN PD Epiwafer. Its geographical segments are United States, Mainland China, Taiwan, and others.
75GF Score

Get the complete analysis for ROCO:3081

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

NT$2,920.00
Price
NT$855.13
GF Value