Solid State System Co (ROCO:3259) Cyclically Adjusted PB Ratio: 1.15 (As of Aug. 11, 2026) — 36% Below Median

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ROCO:3259 Solid State System Co Ltd ROCO:3259
55 GF Score
Price NT$14.30
GF Value NT$20.02
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Solid State System Co Cyclically Adjusted PB Ratio?

Solid State System Co ROCO:3259 -1.72% 55 Cyclically Adjusted PB Ratio is 1.15 as of Aug. 11, 2026, which is 36% below its 10-year median of 1.79. GuruFocus rates ROCO:3259 with a GF Score™ of 55/100 and a GF Value™ of NT$20.02 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 728 Semiconductors companies, Solid State System Co ranks better than 76.79% on this metric.

As of today (2026-08-11), Solid State System Co's current share price is NT$14.30. Solid State System Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$12.46. Solid State System Co's Cyclically Adjusted PB Ratio for today is 1.15.

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

ROCO:3259' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.79   Max: 4.3
Current: 1.19

During the past years, Solid State System Co's highest Cyclically Adjusted PB Ratio was 4.30. The lowest was 1.04. And the median was 1.79.

ROCO:3259's Cyclically Adjusted PB Ratio is ranked better than
76.79% of 728 companies
in the Semiconductors industry
Industry Median: 3.225 vs ROCO:3259: 1.19

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.

Solid State System Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$5.213. 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$12.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solid State System Co  (ROCO:3259) 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.


Solid State System Co Cyclically Adjusted PB Ratio Related Terms


Solid State System Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Solid State System 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.

Solid State System Co Cyclically Adjusted PB Ratio Chart

Solid State System 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 2.86 1.68 2.08 1.65 1.80

Solid State System Co 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 1.85 1.58 1.74 1.80 1.30

ROCO:3259 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Solid State System 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.


Solid State System Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solid State System Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Solid State System Co's Cyclically Adjusted PB Ratio falls into.


ROCO:3259
55GF Score
Solid State System Co Ltd ROCO:3259
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid State System 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.

Solid State System Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.30/12.46
=1.15

* 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.

Solid State System Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Solid State System Co'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)
=5.213/330.2130*330.2130
=5.213

Current CPI (Mar. 2026) = 330.2130.

Solid State System Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.433 241.018 21.144
201609 14.947 241.428 20.444
201612 15.114 241.432 20.672
201703 14.540 243.801 19.694
201706 13.535 244.955 18.246
201709 12.970 246.819 17.352
201712 13.359 246.524 17.894
201803 12.780 249.554 16.911
201806 12.853 251.989 16.843
201809 12.872 252.439 16.838
201812 12.892 251.233 16.945
201903 11.848 254.202 15.391
201906 11.096 256.143 14.305
201909 10.271 256.759 13.209
201912 10.172 256.974 13.071
202003 9.364 258.115 11.980
202006 10.016 257.797 12.830
202009 9.350 260.280 11.862
202012 8.437 260.474 10.696
202103 8.255 264.877 10.291
202106 8.389 271.696 10.196
202109 8.593 274.310 10.344
202112 13.014 278.802 15.414
202203 12.498 287.504 14.355
202206 12.084 296.311 13.467
202209 11.390 296.808 12.672
202212 9.951 296.797 11.071
202303 9.512 301.836 10.406
202306 8.417 305.109 9.110
202309 7.062 307.789 7.577
202312 7.444 306.746 8.013
202403 6.337 312.332 6.700
202406 5.592 314.175 5.877
202409 5.005 315.301 5.242
202412 8.167 315.605 8.545
202503 7.656 319.799 7.905
202506 6.994 322.561 7.160
202509 6.455 324.800 6.563
202512 5.809 324.054 5.919
202603 5.213 330.213 5.213

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 1.15 mean?
Solid State System Co (ROCO:3259) has a Cyclically Adjusted PB Ratio of 1.15 as of Aug. 11, 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 Solid State System Co and its competitors. This is 36% below median its historical median of 1.79. Over the past decade, Solid State System Co's Cyclically Adjusted PB Ratio has ranged from 1.04 to 4.30. According to the industry distribution chart, Solid State System Co ranks #169 out of 728 companies in the Semiconductors industry, placing it in the top 23.2%.
Is Solid State System Co's Cyclically Adjusted PB Ratio too high?
Solid State System Co's current Cyclically Adjusted PB Ratio of 1.15 is 36% below median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 4.30. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. Solid State System Co's value of 1.15 is 64.3% below this industry median. Based on the distribution chart, Solid State System Co ranks #169 out of 728 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Solid State System Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State System Co's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Solid State System Co ranks #169 out of 728 companies for Cyclically Adjusted PB Ratio. This places Solid State System Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.23. Solid State System Co's value of 1.15 is 64.3% below this benchmark. Historically, Solid State System Co's own Cyclically Adjusted PB Ratio has ranged from 1.04 to 4.30 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 3.23, Solid State System Co 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. Solid State System Co's current Cyclically Adjusted PB Ratio of 1.15 is 64.3% 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 Solid State System Co 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. Solid State System Co's current Cyclically Adjusted PB Ratio is 1.15, which is 36% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid State System Co stock overvalued right now?
Based on GuruFocus' analysis, Solid State System Co (ROCO:3259) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.02, compared to a current price of NT$14.30 — trading 28.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is 36% below median its 10-year median of 1.79 and 64.3% below the Semiconductors industry median of 3.23. Solid State System Co's overall GF Score™ is 55/100 with 4 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 Solid State System Co (ROCO:3259), the current Cyclically Adjusted PB Ratio is 1.15 as of Aug. 11, 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 Solid State System Co (ROCO:3259) Overvalued in 2026?

Based on GuruFocus' analysis, Solid State System Co stock appears to be undervalued. The current stock price of NT$14.30 is trading 28.6% below its estimated GF Value™ of NT$20.02. GuruFocus considers Solid State System Co to be Modestly Undervalued.

Key valuation signals for ROCO:3259:

  • Cyclically Adjusted PB Ratio: 1.15 (36% below median its 10-year median of 1.79)
  • GF Value™: NT$20.02 vs. price of NT$14.30 (28.6% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 64.3% below the Semiconductors median (#169 of 728)

No single metric tells the full story. See the ROCO:3259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid State System Co Business Description

Address No. 22, Tai Yuen Street, 5th Floor-1, Tai Yuen Hi-Tech Industrial Park, Hsinchu County, Zhubei City, TWN, 30288
Solid State System Co Ltd is engaged in the design, research, development, manufacture, and sale of integrated circuits, mainly focusing on NAND flash controller ICs, audio ICs, and MEMS microphones. The company offers products including Storage Solutions, Multimedia Audio Solutions, and MEMS microphone solutions, serving applications such as mobile devices, notebooks, and automotive electronics.
55GF Score

Get the complete analysis for ROCO:3259

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

NT$14.30
Price
NT$20.02
GF Value