Aethertek Technology Co (ROCO:3219) Cyclically Adjusted PB Ratio: 4.22 (As of Aug. 18, 2026) — 16% Above Median

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ROCO:3219 Aethertek Technology Co Ltd ROCO:3219
75 GF Score
Price NT$70.80
GF Value NT$76.50
Valuation Fairly Valued
! 2 Warning Signs
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What is Aethertek Technology Co Cyclically Adjusted PB Ratio?

Aethertek Technology Co ROCO:3219 -1.94% 75 Cyclically Adjusted PB Ratio is 4.22 as of Aug. 18, 2026, which is 16% above its 10-year median of 3.63. GuruFocus rates ROCO:3219 with a GF Score™ of 75/100 and a GF Value™ of NT$76.50 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,203 Industrial Products companies, Aethertek Technology Co ranks worse than 74.04% on this metric.

As of today (2026-08-18), Aethertek Technology Co's current share price is NT$70.80. Aethertek Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$16.79. Aethertek Technology Co's Cyclically Adjusted PB Ratio for today is 4.22.

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

ROCO:3219' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.63   Max: 15.39
Current: 4.3

During the past years, Aethertek Technology Co's highest Cyclically Adjusted PB Ratio was 15.39. The lowest was 1.18. And the median was 3.63.

ROCO:3219's Cyclically Adjusted PB Ratio is ranked worse than
74.04% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs ROCO:3219: 4.30

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.

Aethertek Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$21.168. 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$16.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aethertek Technology Co  (ROCO:3219) 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.


Aethertek Technology Co Cyclically Adjusted PB Ratio Related Terms


Aethertek Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aethertek 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.

Aethertek Technology Co Cyclically Adjusted PB Ratio Chart

Aethertek 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 7.54 3.42 3.33 2.98 4.73

Aethertek 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 2.87 5.09 4.73 3.83 4.38

ROCO:3219 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Aethertek 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.


Aethertek Technology Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


ROCO:3219
75GF Score
Aethertek Technology Co Ltd ROCO:3219
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aethertek 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.80/16.79
=4.22

* 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.

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

For example, Aethertek 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)
=21.168/333.9520*333.9520
=21.168

Current CPI (Jun. 2026) = 333.9520.

Aethertek Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.162 241.428 14.056
201612 9.294 241.432 12.856
201703 8.639 243.801 11.833
201706 9.292 244.955 12.668
201709 10.133 246.819 13.710
201712 9.879 246.524 13.383
201803 9.159 249.554 12.257
201806 8.597 251.989 11.393
201809 7.752 252.439 10.255
201812 7.983 251.233 10.611
201903 8.500 254.202 11.167
201906 8.557 256.143 11.156
201909 6.092 256.759 7.924
201912 4.515 256.974 5.867
202003 23.589 258.115 30.520
202006 10.822 257.797 14.019
202009 11.305 260.280 14.505
202012 12.246 260.474 15.701
202103 12.257 264.877 15.453
202106 14.102 271.696 17.333
202109 18.111 274.310 22.049
202112 18.464 278.802 22.116
202203 19.114 287.504 22.202
202206 17.244 296.311 19.435
202209 18.691 296.808 21.030
202212 18.676 296.797 21.014
202303 18.089 301.836 20.014
202306 17.585 305.109 19.247
202309 18.745 307.789 20.338
202312 18.046 306.746 19.647
202403 17.804 312.332 19.036
202406 18.429 314.175 19.589
202409 18.519 315.301 19.614
202412 18.523 315.605 19.600
202503 18.606 319.799 19.429
202506 18.126 322.561 18.766
202509 19.323 324.800 19.867
202512 19.584 324.054 20.182
202603 20.177 330.213 20.405
202606 21.168 333.952 21.168

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 4.22 mean?
Aethertek Technology Co (ROCO:3219) has a Cyclically Adjusted PB Ratio of 4.22 as of Aug. 18, 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 Aethertek Technology Co and its competitors. This is 16% above median its historical median of 3.63. Over the past decade, Aethertek Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.18 to 15.39. According to the industry distribution chart, Aethertek Technology Co ranks #1631 out of 2203 companies in the Industrial Products industry, placing it in the top 74%.
Is Aethertek Technology Co's Cyclically Adjusted PB Ratio too high?
Aethertek Technology Co's current Cyclically Adjusted PB Ratio of 4.22 is 16% above median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 15.39. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Aethertek Technology Co's value of 4.22 is 93.6% above this industry median. Based on the distribution chart, Aethertek Technology Co ranks #1631 out of 2203 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Aethertek Technology Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aethertek Technology Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Aethertek Technology Co ranks #1631 out of 2203 companies for Cyclically Adjusted PB Ratio. This places Aethertek Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Aethertek Technology Co's value of 4.22 is 93.6% above this benchmark. Historically, Aethertek Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 15.39 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 2.18, Aethertek Technology Co 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.18, based on 2,203 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. Aethertek Technology Co's current Cyclically Adjusted PB Ratio of 4.22 is 93.6% 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 Aethertek Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aethertek Technology Co's current Cyclically Adjusted PB Ratio is 4.22, which is 16% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aethertek Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Aethertek Technology Co (ROCO:3219) is currently considered Fairly Valued. The stock's GF Value™ is NT$76.50, compared to a current price of NT$70.80 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.22, which is 16% above median its 10-year median of 3.63 and 93.6% above the Industrial Products industry median of 2.18. Aethertek Technology Co's overall GF Score™ is 75/100 with 2 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 Aethertek Technology Co (ROCO:3219), the current Cyclically Adjusted PB Ratio is 4.22 as of Aug. 18, 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 Aethertek Technology Co (ROCO:3219) Overvalued in 2026?

Based on GuruFocus' analysis, Aethertek Technology Co stock appears to be undervalued. The current stock price of NT$70.80 is trading 7.5% below its estimated GF Value™ of NT$76.50. GuruFocus considers Aethertek Technology Co to be Fairly Valued.

Key valuation signals for ROCO:3219:

  • Cyclically Adjusted PB Ratio: 4.22 (16% above median its 10-year median of 3.63)
  • GF Value™: NT$76.50 vs. price of NT$70.80 (7.5% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 93.6% above the Industrial Products median (#1631 of 2203)

No single metric tells the full story. See the ROCO:3219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aethertek Technology Co Business Description

Address Ruiguang Road, 9th Floor, No. 607, Neihu District, Taipei, TWN, 114
Aethertek Technology Co Ltd is a Taiwan-based company mainly engaged in the design, manufacturing, and sale of automation machinery and related equipment. Its product portfolio includes the T800 Functional Tester, T1000 Board-Level Tester, passive antennas, RF switches, shield boxes, and micro-probing equipment for microscale diagnostics, among others. In addition to its core products, the company provides solutions for 5G communication and offers test and measurement devices across various industries. Aethertek also offers design services encompassing software, hardware, and antenna development. Geographically, it derives maximum revenue from China, followed by Taiwan, India, and other regions.
75GF Score

Get the complete analysis for ROCO:3219

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

NT$70.80
Price
NT$76.50
GF Value