Megaforce Co (ROCO:3294) Cyclically Adjusted PB Ratio: 1.50 (As of Aug. 12, 2026) — 50% Above Median

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ROCO:3294 Megaforce Co Ltd ROCO:3294
59 GF Score
Price NT$31.80
GF Value NT$28.97
Valuation Fairly Valued
! 2 Warning Signs
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What is Megaforce Co Cyclically Adjusted PB Ratio?

Megaforce Co ROCO:3294 +1.27% 59 Cyclically Adjusted PB Ratio is 1.50 as of Aug. 12, 2026, which is 50% above its 10-year median of 1.00. GuruFocus rates ROCO:3294 with a GF Score™ of 59/100 and a GF Value™ of NT$28.97 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,965 Hardware companies, Megaforce Co ranks better than 60.66% on this metric.

As of today (2026-08-12), Megaforce Co's current share price is NT$31.80. Megaforce Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.13. Megaforce Co's Cyclically Adjusted PB Ratio for today is 1.50.

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

ROCO:3294' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1   Max: 2.57
Current: 1.43

During the past years, Megaforce Co's highest Cyclically Adjusted PB Ratio was 2.57. The lowest was 0.51. And the median was 1.00.

ROCO:3294's Cyclically Adjusted PB Ratio is ranked better than
60.66% of 1965 companies
in the Hardware industry
Industry Median: 2.07 vs ROCO:3294: 1.43

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.

Megaforce Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$17.184. 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$21.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Megaforce Co  (ROCO:3294) 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.


Megaforce Co Cyclically Adjusted PB Ratio Related Terms


Megaforce Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Megaforce 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.

Megaforce Co Cyclically Adjusted PB Ratio Chart

Megaforce 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 1.42 0.77 0.89 1.58 1.82

Megaforce 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 1.40 1.84 2.18 1.82 1.47

ROCO:3294 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Megaforce 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.


Megaforce Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Megaforce Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:3294
59GF Score
Megaforce Co Ltd ROCO:3294
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megaforce 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.80/21.13
=1.50

* 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.

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

For example, Megaforce 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)
=17.184/330.2130*330.2130
=17.184

Current CPI (Mar. 2026) = 330.2130.

Megaforce Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.313 241.018 25.090
201609 18.248 241.428 24.959
201612 18.484 241.432 25.281
201703 17.200 243.801 23.296
201706 17.774 244.955 23.960
201709 19.204 246.819 25.693
201712 19.641 246.524 26.309
201803 19.355 249.554 25.611
201806 18.565 251.989 24.328
201809 18.009 252.439 23.557
201812 18.523 251.233 24.346
201903 18.528 254.202 24.068
201906 18.093 256.143 23.325
201909 17.883 256.759 22.999
201912 17.708 256.974 22.755
202003 16.030 258.115 20.508
202006 15.665 257.797 20.065
202009 17.002 260.280 21.570
202012 18.478 260.474 23.425
202103 18.497 264.877 23.060
202106 18.488 271.696 22.470
202109 17.646 274.310 21.242
202112 17.966 278.802 21.279
202203 18.697 287.504 21.474
202206 16.895 296.311 18.828
202209 17.620 296.808 19.603
202212 17.179 296.797 19.113
202303 16.566 301.836 18.123
202306 15.642 305.109 16.929
202309 16.871 307.789 18.100
202312 16.344 306.746 17.594
202403 16.928 312.332 17.897
202406 17.110 314.175 17.983
202409 17.421 315.301 18.245
202412 17.551 315.605 18.363
202503 17.001 319.799 17.555
202506 14.852 322.561 15.204
202509 16.039 324.800 16.306
202512 17.108 324.054 17.433
202603 17.184 330.213 17.184

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 1.50 mean?
Megaforce Co (ROCO:3294) has a Cyclically Adjusted PB Ratio of 1.50 as of Aug. 12, 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 Megaforce Co and its competitors. This is 50% above median its historical median of 1.00. Over the past decade, Megaforce Co's Cyclically Adjusted PB Ratio has ranged from 0.51 to 2.57. According to the industry distribution chart, Megaforce Co ranks #773 out of 1965 companies in the Hardware industry, placing it in the top 39.3%.
Is Megaforce Co's Cyclically Adjusted PB Ratio too high?
Megaforce Co's current Cyclically Adjusted PB Ratio of 1.50 is 50% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.57. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Megaforce Co's value of 1.50 is 27.5% below this industry median. Based on the distribution chart, Megaforce Co ranks #773 out of 1965 companies in the Hardware industry, which is above the industry midpoint. Overall, Megaforce Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Megaforce Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Megaforce Co ranks #773 out of 1965 companies for Cyclically Adjusted PB Ratio. This puts Megaforce Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Megaforce Co's value of 1.50 is 27.5% below this benchmark. Historically, Megaforce Co's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 2.57 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 2.07, Megaforce 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.07, based on 1,965 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. Megaforce Co's current Cyclically Adjusted PB Ratio of 1.50 is 27.5% 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 Megaforce Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megaforce Co's current Cyclically Adjusted PB Ratio is 1.50, which is 50% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megaforce Co stock overvalued right now?
Based on GuruFocus' analysis, Megaforce Co (ROCO:3294) is currently considered Fairly Valued. The stock's GF Value™ is NT$28.97, compared to a current price of NT$31.80 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is 50% above median its 10-year median of 1.00 and 27.5% below the Hardware industry median of 2.07. Megaforce Co's overall GF Score™ is 59/100 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 Megaforce Co (ROCO:3294), the current Cyclically Adjusted PB Ratio is 1.50 as of Aug. 12, 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 Megaforce Co (ROCO:3294) Overvalued in 2026?

Based on GuruFocus' analysis, Megaforce Co stock appears to be overvalued. The current stock price of NT$31.80 is trading 9.8% above its estimated GF Value™ of NT$28.97. GuruFocus considers Megaforce Co to be Fairly Valued.

Key valuation signals for ROCO:3294:

  • Cyclically Adjusted PB Ratio: 1.50 (50% above median its 10-year median of 1.00)
  • GF Value™: NT$28.97 vs. price of NT$31.80 (9.8% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 27.5% below the Hardware median (#773 of 1965)

No single metric tells the full story. See the ROCO:3294 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Megaforce Co Business Description

Address No.16, Jian 8th Road, Room No. 4, 17th Floor, Zhonghe District, New Taipei, TWN, 235
Megaforce Co Ltd is engaged in the manufacture and sales of plastic injection molds, tooling manufacturing, and general import and export trade. The Group's reportable segments comprise the Precision electronics manufacturing segment, the Biomedical and system integration segment, the Fortis biosolutions segment, the Opto-mechatronics segment, and AI application development segment, all of which are the Group's strategic business units (SBUs) that provide different products and services such as design, manufacture, and sale of plastic components, medical devices, opto-mechatronics products and AI application products. The company generates the majority of its revenue from products such as Plastic injections, tools, and others.
59GF Score

Get the complete analysis for ROCO:3294

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

NT$31.80
Price
NT$28.97
GF Value