International Games System Co (ROCO:3293) Cyclically Adjusted PB Ratio: 21.36 (As of Aug. 31, 2026) — 46% Above Median

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ROCO:3293 International Games System Co Ltd ROCO:3293
96 GF Score
Price NT$707.00
GF Value NT$879.53
Valuation Modestly Undervalued
! 1 Warning Sign
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What is International Games System Co Cyclically Adjusted PB Ratio?

International Games System Co ROCO:3293 +0.43% 96 Cyclically Adjusted PB Ratio is 21.36 as of Aug. 31, 2026, which is 46% above its 10-year median of 14.63. GuruFocus rates ROCO:3293 with a GF Score™ of 96/100 and a GF Value™ of NT$879.53 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 339 Interactive Media companies, International Games System Co ranks worse than 98.23% on this metric.

As of today (2026-08-31), International Games System Co's current share price is NT$707.00. International Games System Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$33.10. International Games System Co's Cyclically Adjusted PB Ratio for today is 21.36.

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

ROCO:3293' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.15   Med: 14.63   Max: 43.72
Current: 21.36

During the past years, International Games System Co's highest Cyclically Adjusted PB Ratio was 43.72. The lowest was 3.15. And the median was 14.63.

ROCO:3293's Cyclically Adjusted PB Ratio is ranked worse than
98.23% of 339 companies
in the Interactive Media industry
Industry Median: 1.47 vs ROCO:3293: 21.36

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.

International Games System Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$53.638. 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$33.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Games System Co  (ROCO:3293) 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.


International Games System Co Cyclically Adjusted PB Ratio Related Terms


International Games System Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for International Games 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.

International Games System Co Cyclically Adjusted PB Ratio Chart

International Games 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 12.64 11.61 16.48 37.67 23.64

International Games System 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 30.72 26.93 23.64 23.70 23.83

ROCO:3293 vs NTES, TTWO, RBLX: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, International Games 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.


International Games System Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, International Games System Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:3293
96GF Score
International Games System Co Ltd ROCO:3293
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Games 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.

International Games System Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=707.00/33.10
=21.36

* 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.

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

For example, International Games System 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)
=53.638/333.9520*333.9520
=53.638

Current CPI (Jun. 2026) = 333.9520.

International Games System Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.351 241.428 15.701
201612 12.056 241.432 16.676
201703 12.716 243.801 17.418
201706 11.123 244.955 15.164
201709 12.172 246.819 16.469
201712 13.013 246.524 17.628
201803 13.876 249.554 18.569
201806 11.884 251.989 15.749
201809 12.530 252.439 16.576
201812 13.384 251.233 17.791
201903 14.637 254.202 19.229
201906 13.548 256.143 17.663
201909 15.653 256.759 20.359
201912 17.716 256.974 23.023
202003 20.545 258.115 26.581
202006 17.291 257.797 22.399
202009 20.487 260.280 26.286
202012 23.588 260.474 30.242
202103 27.791 264.877 35.038
202106 31.896 271.696 39.205
202109 25.449 274.310 30.982
202112 31.792 278.802 38.081
202203 35.722 287.504 41.493
202206 27.621 296.311 31.130
202209 32.598 296.808 36.677
202212 37.828 296.797 42.564
202303 43.240 301.836 47.841
202306 31.525 305.109 34.505
202309 37.546 307.789 40.738
202312 43.266 306.746 47.103
202403 32.558 312.332 34.812
202406 40.584 314.175 43.139
202409 48.606 315.301 51.481
202412 58.133 315.605 61.512
202503 38.629 319.799 40.339
202506 47.111 322.561 48.775
202509 57.108 324.800 58.717
202512 67.623 324.054 69.688
202603 42.718 330.213 43.202
202606 53.638 333.952 53.638

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 21.36 mean?
International Games System Co (ROCO:3293) has a Cyclically Adjusted PB Ratio of 21.36 as of Aug. 31, 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 International Games System Co and its competitors. This is 46% above median its historical median of 14.63. Over the past decade, International Games System Co's Cyclically Adjusted PB Ratio has ranged from 3.15 to 43.72. According to the industry distribution chart, International Games System Co ranks #333 out of 339 companies in the Interactive Media industry, placing it in the top 98.2%.
Is International Games System Co's Cyclically Adjusted PB Ratio too high?
International Games System Co's current Cyclically Adjusted PB Ratio of 21.36 is 46% above median its 10-year median of 14.63. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 43.72. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.47. International Games System Co's value of 21.36 is 1353.1% above this industry median. Based on the distribution chart, International Games System Co ranks #333 out of 339 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, International Games System Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Games System Co's Cyclically Adjusted PB Ratio compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, International Games System Co ranks #333 out of 339 companies for Cyclically Adjusted PB Ratio. This places International Games System Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.47. International Games System Co's value of 21.36 is 1353.1% above this benchmark. Historically, International Games System Co's own Cyclically Adjusted PB Ratio has ranged from 3.15 to 43.72 over the past decade. While the company's 10-year median is 14.63 vs. the industry median of 1.47, International Games System 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 Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.47, based on 339 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. International Games System Co's current Cyclically Adjusted PB Ratio of 21.36 is 1353.1% 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 International Games System Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Games System Co's current Cyclically Adjusted PB Ratio is 21.36, which is 46% above median its own 10-year median of 14.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Games System Co stock overvalued right now?
Based on GuruFocus' analysis, International Games System Co (ROCO:3293) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$879.53, compared to a current price of NT$707.00 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 21.36, which is 46% above median its 10-year median of 14.63 and 1353.1% above the Interactive Media industry median of 1.47. International Games System Co's overall GF Score™ is 96/100 with 1 warning sign 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 International Games System Co (ROCO:3293), the current Cyclically Adjusted PB Ratio is 21.36 as of Aug. 31, 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 International Games System Co (ROCO:3293) Overvalued in 2026?

Based on GuruFocus' analysis, International Games System Co stock appears to be undervalued. The current stock price of NT$707.00 is trading 19.6% below its estimated GF Value™ of NT$879.53. GuruFocus considers International Games System Co to be Modestly Undervalued.

Key valuation signals for ROCO:3293:

  • Cyclically Adjusted PB Ratio: 21.36 (46% above median its 10-year median of 14.63)
  • GF Value™: NT$879.53 vs. price of NT$707.00 (19.6% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 1353.1% above the Interactive Media median (#333 of 339)

No single metric tells the full story. See the ROCO:3293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Games System Co Business Description

Address No. 130, Wugong Road, Wugu District, New Taipei, TWN, 24886
International Games System Co Ltd plans, designs, researches, develops, manufactures, markets, and services commercial electronic arcade games, related software and hardware products, online games and mobile games. It offers arcade game, online game, mobile game, simulator machine games and online games. All the business activity is operated through Taiwan. There are two segments namely: Arcade game division, which derives maximum revenue and Online game division.
96GF Score

Get the complete analysis for ROCO:3293

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

NT$707.00
Price
NT$879.53
GF Value