MetaTech (AP) (ROCO:3224) Cyclically Adjusted PB Ratio: 1.75 (As of Aug. 19, 2026) — 36% Below Median

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ROCO:3224 MetaTech (AP) Inc ROCO:3224
42 GF Score
Price NT$35.15
GF Value NT$43.70
Valuation Modestly Undervalued
! 7 Warning Signs
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What is MetaTech (AP) Cyclically Adjusted PB Ratio?

MetaTech (AP) ROCO:3224 -1.54% 42 Cyclically Adjusted PB Ratio is 1.75 as of Aug. 19, 2026, which is 36% below its 10-year median of 2.72. GuruFocus rates ROCO:3224 with a GF Score™ of 42/100 and a GF Value™ of NT$43.70 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,962 Hardware companies, MetaTech (AP) ranks better than 54.54% on this metric.

As of today (2026-08-19), MetaTech (AP)'s current share price is NT$35.15. MetaTech (AP)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$20.03. MetaTech (AP)'s Cyclically Adjusted PB Ratio for today is 1.75.

The historical rank and industry rank for MetaTech (AP)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:3224' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.76   Med: 2.72   Max: 4.79
Current: 1.78

During the past years, MetaTech (AP)'s highest Cyclically Adjusted PB Ratio was 4.79. The lowest was 1.76. And the median was 2.72.

ROCO:3224's Cyclically Adjusted PB Ratio is ranked better than
54.54% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs ROCO:3224: 1.78

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.

MetaTech (AP)'s adjusted book value per share data for the three months ended in Jun. 2026 was NT$17.823. 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$20.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MetaTech (AP)  (ROCO:3224) 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.


MetaTech (AP) Cyclically Adjusted PB Ratio Related Terms


MetaTech (AP) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MetaTech (AP)'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.

MetaTech (AP) Cyclically Adjusted PB Ratio Chart

MetaTech (AP) 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 4.25 2.48 2.36 2.48 2.30

MetaTech (AP) 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 1.80 2.42 2.30 2.13 1.88

ROCO:3224 vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, MetaTech (AP)'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.


MetaTech (AP) Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, MetaTech (AP)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MetaTech (AP)'s Cyclically Adjusted PB Ratio falls into.


ROCO:3224
42GF Score
MetaTech (AP) Inc ROCO:3224
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MetaTech (AP) 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.

MetaTech (AP)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.15/20.03
=1.75

* 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.

MetaTech (AP)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, MetaTech (AP)'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)
=17.823/333.9520*333.9520
=17.823

Current CPI (Jun. 2026) = 333.9520.

MetaTech (AP) Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.900 241.428 15.077
201612 10.937 241.432 15.128
201703 12.665 243.801 17.348
201706 12.881 244.955 17.561
201709 12.755 246.819 17.258
201712 13.474 246.524 18.252
201803 18.556 249.554 24.832
201806 18.692 251.989 24.772
201809 18.609 252.439 24.618
201812 18.294 251.233 24.317
201903 18.062 254.202 23.729
201906 17.838 256.143 23.257
201909 17.491 256.759 22.750
201912 17.125 256.974 22.255
202003 16.818 258.115 21.759
202006 16.567 257.797 21.461
202009 16.185 260.280 20.766
202012 15.603 260.474 20.005
202103 15.462 264.877 19.494
202106 14.972 271.696 18.403
202109 18.753 274.310 22.830
202112 18.901 278.802 22.640
202203 19.359 287.504 22.487
202206 19.548 296.311 22.031
202209 19.735 296.808 22.205
202212 19.286 296.797 21.700
202303 18.865 301.836 20.872
202306 18.991 305.109 20.786
202309 19.224 307.789 20.858
202312 17.346 306.746 18.884
202403 17.224 312.332 18.416
202406 17.179 314.175 18.260
202409 16.900 315.301 17.900
202412 16.777 315.605 17.752
202503 16.664 319.799 17.401
202506 15.324 322.561 15.865
202509 15.331 324.800 15.763
202512 15.079 324.054 15.540
202603 17.940 330.213 18.143
202606 17.823 333.952 17.823

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 1.75 mean?
MetaTech (AP) (ROCO:3224) has a Cyclically Adjusted PB Ratio of 1.75 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 MetaTech (AP) and its competitors. This is 36% below median its historical median of 2.72. Over the past decade, MetaTech (AP)'s Cyclically Adjusted PB Ratio has ranged from 1.76 to 4.79. According to the industry distribution chart, MetaTech (AP) ranks #892 out of 1962 companies in the Hardware industry, placing it in the top 45.5%.
Is MetaTech (AP)'s Cyclically Adjusted PB Ratio too high?
MetaTech (AP)'s current Cyclically Adjusted PB Ratio of 1.75 is 36% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 4.79. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. MetaTech (AP)'s value of 1.75 is 17.3% below this industry median. Based on the distribution chart, MetaTech (AP) ranks #892 out of 1962 companies in the Hardware industry, which is above the industry midpoint. Overall, MetaTech (AP) has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MetaTech (AP)'s Cyclically Adjusted PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, MetaTech (AP) ranks #892 out of 1962 companies for Cyclically Adjusted PB Ratio. This puts MetaTech (AP) in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. MetaTech (AP)'s value of 1.75 is 17.3% below this benchmark. Historically, MetaTech (AP)'s own Cyclically Adjusted PB Ratio has ranged from 1.76 to 4.79 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 2.12, MetaTech (AP) 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.12, based on 1,962 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. MetaTech (AP)'s current Cyclically Adjusted PB Ratio of 1.75 is 17.3% 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 MetaTech (AP) and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetaTech (AP)'s current Cyclically Adjusted PB Ratio is 1.75, which is 36% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetaTech (AP) stock overvalued right now?
Based on GuruFocus' analysis, MetaTech (AP) (ROCO:3224) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$43.70, compared to a current price of NT$35.15 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.75, which is 36% below median its 10-year median of 2.72 and 17.3% below the Hardware industry median of 2.12. MetaTech (AP)'s overall GF Score™ is 42/100 with 7 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 MetaTech (AP) (ROCO:3224), the current Cyclically Adjusted PB Ratio is 1.75 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 MetaTech (AP) (ROCO:3224) Overvalued in 2026?

Based on GuruFocus' analysis, MetaTech (AP) stock appears to be undervalued. The current stock price of NT$35.15 is trading 19.6% below its estimated GF Value™ of NT$43.70. GuruFocus considers MetaTech (AP) to be Modestly Undervalued.

Key valuation signals for ROCO:3224:

  • Cyclically Adjusted PB Ratio: 1.75 (36% below median its 10-year median of 2.72)
  • GF Value™: NT$43.70 vs. price of NT$35.15 (19.6% below fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 17.3% below the Hardware median (#892 of 1962)

No single metric tells the full story. See the ROCO:3224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MetaTech (AP) Business Description

Address No. 75, Xintai 5th Road, Room 3, 14th Floor, Section 1, Xizhi District, New Taipei City, TWN, 221432
MetaTech (AP) Inc is engaged in the wholesale and retail of electronic products and equipment, and the development and operation of biomedicine-related business. Its operating segment includes Electronics and Biomedicine. The company generates maximum revenue from the Electronics segment. Geographically, the company generates a majority of its revenue from Hong Kong and China, followed by Taiwan and Singapore.
42GF Score

Get the complete analysis for ROCO:3224

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

NT$35.15
Price
NT$43.70
GF Value