United Alloy-Tech Co (ROCO:3162) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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ROCO:3162 United Alloy-Tech Co Ltd ROCO:3162
68 GF Score
Price NT$76.00
GF Value NT$81.57
Valuation Fairly Valued
! 10 Warning Signs
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What is United Alloy-Tech Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


United Alloy-Tech Co  (ROCO:3162) 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.


United Alloy-Tech Co Cyclically Adjusted PB Ratio Related Terms


United Alloy-Tech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Alloy-Tech 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.

United Alloy-Tech Co Cyclically Adjusted PB Ratio Chart

United Alloy-Tech 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 3.67 3.80 3.69 2.76 3.87

United Alloy-Tech 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 3.23 3.73 4.02 3.81 5.36

ROCO:3162 vs ATI, CRS, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, United Alloy-Tech 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.


United Alloy-Tech Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, United Alloy-Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Alloy-Tech Co's Cyclically Adjusted PB Ratio falls into.


ROCO:3162
68GF Score
United Alloy-Tech Co Ltd ROCO:3162
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Alloy-Tech 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.

United Alloy-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, United Alloy-Tech 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)
=27.24/333.9520*333.9520
=27.240

Current CPI (Jun. 2026) = 333.9520.

United Alloy-Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.245 241.428 14.171
201612 8.418 241.432 11.644
201703 7.397 243.801 10.132
201706 7.550 244.955 10.293
201709 9.663 246.819 13.074
201712 6.604 246.524 8.946
201803 6.541 249.554 8.753
201806 6.577 251.989 8.716
201809 6.457 252.439 8.542
201812 6.027 251.233 8.011
201903 5.892 254.202 7.740
201906 5.642 256.143 7.356
201909 5.365 256.759 6.978
201912 5.069 256.974 6.587
202003 5.017 258.115 6.491
202006 4.749 257.797 6.152
202009 4.742 260.280 6.084
202012 5.189 260.474 6.653
202103 5.444 264.877 6.864
202106 5.737 271.696 7.052
202109 15.858 274.310 19.306
202112 15.952 278.802 19.107
202203 15.890 287.504 18.457
202206 15.190 296.311 17.120
202209 15.270 296.808 17.181
202212 18.890 296.797 21.255
202303 18.881 301.836 20.890
202306 19.162 305.109 20.973
202309 19.669 307.789 21.341
202312 20.267 306.746 22.065
202403 19.894 312.332 21.271
202406 19.937 314.175 21.192
202409 20.432 315.301 21.641
202412 20.916 315.605 22.132
202503 21.906 319.799 22.875
202506 20.731 322.561 21.463
202509 22.133 324.800 22.757
202512 23.900 324.054 24.630
202603 26.968 330.213 27.273
202606 27.240 333.952 27.240

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.

Is United Alloy-Tech Co (ROCO:3162) Overvalued in 2026?

Based on GuruFocus' analysis, United Alloy-Tech Co stock appears to be undervalued. The current stock price of NT$76.00 is trading 6.8% below its estimated GF Value™ of NT$81.57. GuruFocus considers United Alloy-Tech Co to be Fairly Valued.

Key valuation signals for ROCO:3162:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$81.57 vs. price of NT$76.00 (6.8% below fair value)
  • GF Score™: 68/100 with 10 warning signs

No single metric tells the full story. See the ROCO:3162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Alloy-Tech Co Business Description

Address No.938, Zhongxing Road, She- Tzu Village, Xinwu District, Taoyuan, TWN, 32746
United Alloy-Tech Co Ltd mainly engages in the forging of aluminum alloys, die-casting, the production and processing of molds, and the production and sales business of auto parts. The company has two segments: the Aluminum alloy materials division and the Foam tapes division. Its product pipeline includes Aluminum Alloy 2-7 series, Front Fork End and Crown, Dropout, Riching Dropout, Mountain Bike Dropout, Yoke, Motor Mount, Hanger, and others. Geographically, the company generates the majority of its revenue from China and the rest of Asia, and also has its presence in Taiwan, Europe, and the U.S.
68GF Score

Get the complete analysis for ROCO:3162

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

NT$76.00
Price
NT$81.57
GF Value