Niko Semiconductor Co (ROCO:3317) Cyclically Adjusted PB Ratio: (As of Aug. 18, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3317 Niko Semiconductor Co Ltd ROCO:3317
62 GF Score
Price NT$69.00
GF Value NT$50.39
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Niko Semiconductor Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Niko Semiconductor Co  (ROCO:3317) 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.


Niko Semiconductor Co Cyclically Adjusted PB Ratio Related Terms


Niko Semiconductor Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Niko Semiconductor 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.

Niko Semiconductor Co Cyclically Adjusted PB Ratio Chart

Niko Semiconductor 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 2.61 1.58 1.98 1.55 1.56

Niko Semiconductor 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 1.41 1.87 1.56 1.67 0.00

ROCO:3317 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Niko Semiconductor 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.


Niko Semiconductor Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ROCO:3317
62GF Score
Niko Semiconductor Co Ltd ROCO:3317
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niko Semiconductor 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.

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

For example, Niko Semiconductor 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)
=36.281/333.9520*333.9520
=36.281

Current CPI (Jun. 2026) = 333.9520.

Niko Semiconductor Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.716 241.428 23.122
201612 17.038 241.432 23.567
201703 17.109 243.801 23.435
201706 17.192 244.955 23.438
201709 17.842 246.819 24.141
201712 18.064 246.524 24.470
201803 18.308 249.554 24.500
201806 18.625 251.989 24.683
201809 19.283 252.439 25.510
201812 19.452 251.233 25.857
201903 19.900 254.202 26.143
201906 20.130 256.143 26.245
201909 20.878 256.759 27.155
201912 21.080 256.974 27.395
202003 21.372 258.115 27.651
202006 21.212 257.797 27.478
202009 21.857 260.280 28.044
202012 22.461 260.474 28.797
202103 23.461 264.877 29.579
202106 24.379 271.696 29.965
202109 24.638 274.310 29.995
202112 25.706 278.802 30.791
202203 26.586 287.504 30.881
202206 28.213 296.311 31.797
202209 29.375 296.808 33.051
202212 29.721 296.797 33.442
202303 29.919 301.836 33.102
202306 30.379 305.109 33.251
202309 31.417 307.789 34.088
202312 31.808 306.746 34.629
202403 32.046 312.332 34.264
202406 32.610 314.175 34.663
202409 33.110 315.301 35.069
202412 34.218 315.605 36.207
202503 34.529 319.799 36.057
202506 35.055 322.561 36.293
202509 35.693 324.800 36.699
202512 35.543 324.054 36.629
202603 35.891 330.213 36.297
202606 36.281 333.952 36.281

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.

Is Niko Semiconductor Co (ROCO:3317) Overvalued in 2026?

Based on GuruFocus' analysis, Niko Semiconductor Co stock appears to be overvalued. The current stock price of NT$69.00 is trading 36.9% above its estimated GF Value™ of NT$50.39. GuruFocus considers Niko Semiconductor Co to be Significantly Overvalued.

Key valuation signals for ROCO:3317:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$50.39 vs. price of NT$69.00 (36.9% above fair value)
  • GF Score™: 62/100 with 1 warning sign

No single metric tells the full story. See the ROCO:3317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niko Semiconductor Co Business Description

Address No.368 Gongjian Road, 12th Floor, Xizhi District, New Taipei City, TWN
Niko Semiconductor Co Ltd is engaged in the research, development, design, and sales of analog IC that can be applied to communications, computers, computer peripherals, video, power supply, and other consumer products. It specializes in the design of power management components and power modules. Its main products include Power MOSFETs, wide-bandgap semiconductor devices such as SiC MOSFETs and GaN HEMTs, and SiC power modules, which are widely used in motherboards, laptops, tablets, and other PC products and their peripheral power devices. It has also expanded into industries such as drones, automotive electronics and onboard charging, robotics, and AI servers. The Group's revenue is generated mainly from the sale of power MOSFETs. It operates in Taiwan, China, and other regions.
62GF Score

Get the complete analysis for ROCO:3317

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

NT$69.00
Price
NT$50.39
GF Value