Ultra Chip (ROCO:3141) Cyclically Adjusted PB Ratio: 2.68 (As of Aug. 13, 2026) — 35% Below Median

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ROCO:3141 Ultra Chip Inc ROCO:3141
64 GF Score
Price NT$75.00
GF Value NT$68.03
Valuation Fairly Valued
! 11 Warning Signs
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What is Ultra Chip Cyclically Adjusted PB Ratio?

Ultra Chip ROCO:3141 -3.47% 64 Cyclically Adjusted PB Ratio is 2.68 as of Aug. 13, 2026, which is 35% below its 10-year median of 4.13. GuruFocus rates ROCO:3141 with a GF Score™ of 64/100 and a GF Value™ of NT$68.03 (Fairly Valued). The stock has 11 warning signs investors should review. Among 728 Semiconductors companies, Ultra Chip ranks better than 54.53% on this metric.

As of today (2026-08-13), Ultra Chip's current share price is NT$75.00. Ultra Chip's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$28.03. Ultra Chip's Cyclically Adjusted PB Ratio for today is 2.68.

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

ROCO:3141' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 4.13   Max: 17.03
Current: 2.82

During the past years, Ultra Chip's highest Cyclically Adjusted PB Ratio was 17.03. The lowest was 1.47. And the median was 4.13.

ROCO:3141's Cyclically Adjusted PB Ratio is ranked better than
54.53% of 728 companies
in the Semiconductors industry
Industry Median: 3.23 vs ROCO:3141: 2.82

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.

Ultra Chip's adjusted book value per share data for the three months ended in Mar. 2026 was NT$35.799. 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$28.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultra Chip  (ROCO:3141) 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.


Ultra Chip Cyclically Adjusted PB Ratio Related Terms


Ultra Chip Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ultra Chip'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.

Ultra Chip Cyclically Adjusted PB Ratio Chart

Ultra Chip 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 15.16 3.90 4.49 3.02 1.87

Ultra Chip Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.49 2.07 1.75 1.87 1.46

ROCO:3141 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Ultra Chip'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.


Ultra Chip Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ROCO:3141
64GF Score
Ultra Chip Inc ROCO:3141
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultra Chip 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.

Ultra Chip's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=75.00/28.03
=2.68

* 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.

Ultra Chip's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ultra Chip's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=35.799/330.2130*330.2130
=35.799

Current CPI (Mar. 2026) = 330.2130.

Ultra Chip Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.224 241.018 19.488
201609 14.590 241.428 19.955
201612 14.784 241.432 20.220
201703 14.804 243.801 20.051
201706 14.481 244.955 19.521
201709 15.274 246.819 20.435
201712 15.580 246.524 20.869
201803 15.751 249.554 20.842
201806 15.522 251.989 20.340
201809 16.877 252.439 22.077
201812 17.406 251.233 22.878
201903 17.840 254.202 23.174
201906 16.604 256.143 21.405
201909 16.606 256.759 21.357
201912 16.744 256.974 21.516
202003 17.008 258.115 21.759
202006 16.976 257.797 21.745
202009 17.417 260.280 22.097
202012 17.971 260.474 22.783
202103 19.596 264.877 24.430
202106 25.136 271.696 30.550
202109 26.762 274.310 32.216
202112 29.998 278.802 35.530
202203 33.140 287.504 38.063
202206 32.326 296.311 36.025
202209 33.569 296.808 37.347
202212 32.969 296.797 36.681
202303 33.171 301.836 36.290
202306 31.265 305.109 33.837
202309 32.536 307.789 34.906
202312 31.516 306.746 33.927
202403 32.152 312.332 33.993
202406 32.927 314.175 34.608
202409 32.889 315.301 34.444
202412 33.054 315.605 34.584
202503 33.484 319.799 34.574
202506 32.486 322.561 33.257
202509 33.039 324.800 33.590
202512 33.558 324.054 34.196
202603 35.799 330.213 35.799

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 2.68 mean?
Ultra Chip (ROCO:3141) has a Cyclically Adjusted PB Ratio of 2.68 as of Aug. 13, 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 Ultra Chip and its competitors. This is 35% below median its historical median of 4.13. Over the past decade, Ultra Chip's Cyclically Adjusted PB Ratio has ranged from 1.47 to 17.03. According to the industry distribution chart, Ultra Chip ranks #331 out of 728 companies in the Semiconductors industry, placing it in the top 45.5%.
Is Ultra Chip's Cyclically Adjusted PB Ratio too high?
Ultra Chip's current Cyclically Adjusted PB Ratio of 2.68 is 35% below median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 17.03. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. Ultra Chip's value of 2.68 is 17% below this industry median. Based on the distribution chart, Ultra Chip ranks #331 out of 728 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Ultra Chip has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ultra Chip's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Ultra Chip ranks #331 out of 728 companies for Cyclically Adjusted PB Ratio. This puts Ultra Chip in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. Ultra Chip's value of 2.68 is 17% below this benchmark. Historically, Ultra Chip's own Cyclically Adjusted PB Ratio has ranged from 1.47 to 17.03 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 3.23, Ultra Chip 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 a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 728 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. Ultra Chip's current Cyclically Adjusted PB Ratio of 2.68 is 17% 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 Ultra Chip and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultra Chip's current Cyclically Adjusted PB Ratio is 2.68, which is 35% below median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Chip stock overvalued right now?
Based on GuruFocus' analysis, Ultra Chip (ROCO:3141) is currently considered Fairly Valued. The stock's GF Value™ is NT$68.03, compared to a current price of NT$75.00 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.68, which is 35% below median its 10-year median of 4.13 and 17% below the Semiconductors industry median of 3.23. Ultra Chip's overall GF Score™ is 64/100 with 11 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 Ultra Chip (ROCO:3141), the current Cyclically Adjusted PB Ratio is 2.68 as of Aug. 13, 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 Ultra Chip (ROCO:3141) Overvalued in 2026?

Based on GuruFocus' analysis, Ultra Chip stock appears to be overvalued. The current stock price of NT$75.00 is trading 10.2% above its estimated GF Value™ of NT$68.03. GuruFocus considers Ultra Chip to be Fairly Valued.

Key valuation signals for ROCO:3141:

  • Cyclically Adjusted PB Ratio: 2.68 (35% below median its 10-year median of 4.13)
  • GF Value™: NT$68.03 vs. price of NT$75.00 (10.2% above fair value)
  • GF Score™: 64/100 with 11 warning signs
  • Industry Position: 17% below the Semiconductors median (#331 of 728)

No single metric tells the full story. See the ROCO:3141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ultra Chip Business Description

Address 12th Floor, No. 308, Section 1, Neihu Road, Neihu District, Taipei, TWN, 114663
Ultra Chip Inc is engaged in the design and sale of mobile display driver IC products. Its products include professional display, bistable display, and Motor IC. The revenue of the group mainly comes from the design sales and business of liquid crystal display product driver IC. Geographically, it operates in Aisa, Europe, and Others with majority of revenue deriving from Asia region.
64GF Score

Get the complete analysis for ROCO:3141

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

NT$75.00
Price
NT$68.03
GF Value