Taiwan IC Packaging (ROCO:3372) Cyclically Adjusted PB Ratio: 1.16 (As of Aug. 13, 2026) — 36% Above Median

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ROCO:3372 Taiwan IC Packaging Corp ROCO:3372
61 GF Score
Price NT$16.10
GF Value NT$19.13
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Taiwan IC Packaging Cyclically Adjusted PB Ratio?

Taiwan IC Packaging ROCO:3372 -0.92% 61 Cyclically Adjusted PB Ratio is 1.16 as of Aug. 13, 2026, which is 36% above its 10-year median of 0.85. GuruFocus rates ROCO:3372 with a GF Score™ of 61/100 and a GF Value™ of NT$19.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 728 Semiconductors companies, Taiwan IC Packaging ranks better than 77.88% on this metric.

As of today (2026-08-13), Taiwan IC Packaging's current share price is NT$16.10. Taiwan IC Packaging's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$13.89. Taiwan IC Packaging's Cyclically Adjusted PB Ratio for today is 1.16.

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

ROCO:3372' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.85   Max: 1.82
Current: 1.16

During the past years, Taiwan IC Packaging's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 0.34. And the median was 0.85.

ROCO:3372's Cyclically Adjusted PB Ratio is ranked better than
77.88% of 728 companies
in the Semiconductors industry
Industry Median: 3.23 vs ROCO:3372: 1.16

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.

Taiwan IC Packaging's adjusted book value per share data for the three months ended in Mar. 2026 was NT$8.195. 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$13.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan IC Packaging  (ROCO:3372) 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.


Taiwan IC Packaging Cyclically Adjusted PB Ratio Related Terms


Taiwan IC Packaging Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan IC Packaging'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.

Taiwan IC Packaging Cyclically Adjusted PB Ratio Chart

Taiwan IC Packaging 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 1.29 0.61 0.84 0.94 1.47

Taiwan IC Packaging 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 0.85 0.89 1.00 1.47 1.28

ROCO:3372 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Taiwan IC Packaging'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.


Taiwan IC Packaging Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan IC Packaging's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan IC Packaging's Cyclically Adjusted PB Ratio falls into.


ROCO:3372
61GF Score
Taiwan IC Packaging Corp ROCO:3372
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan IC Packaging 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.

Taiwan IC Packaging's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.10/13.89
=1.16

* 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.

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

For example, Taiwan IC Packaging'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)
=8.195/330.2130*330.2130
=8.195

Current CPI (Mar. 2026) = 330.2130.

Taiwan IC Packaging Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.667 241.018 25.575
201609 18.163 241.428 24.842
201612 17.918 241.432 24.507
201703 16.938 243.801 22.941
201706 16.322 244.955 22.003
201709 13.350 246.819 17.861
201712 13.249 246.524 17.747
201803 12.986 249.554 17.183
201806 12.893 251.989 16.895
201809 12.647 252.439 16.543
201812 10.119 251.233 13.300
201903 9.899 254.202 12.859
201906 9.833 256.143 12.676
201909 9.940 256.759 12.784
201912 9.836 256.974 12.639
202003 9.780 258.115 12.512
202006 9.613 257.797 12.313
202009 9.578 260.280 12.151
202012 9.783 260.474 12.402
202103 10.164 264.877 12.671
202106 10.773 271.696 13.093
202109 11.508 274.310 13.853
202112 11.895 278.802 14.088
202203 11.340 287.504 13.025
202206 11.617 296.311 12.946
202209 11.698 296.808 13.015
202212 11.638 296.797 12.948
202303 10.856 301.836 11.877
202306 10.691 305.109 11.571
202309 10.593 307.789 11.365
202312 10.290 306.746 11.077
202403 10.156 312.332 10.737
202406 10.014 314.175 10.525
202409 9.642 315.301 10.098
202412 9.385 315.605 9.819
202503 9.046 319.799 9.341
202506 8.629 322.561 8.834
202509 8.362 324.800 8.501
202512 8.224 324.054 8.380
202603 8.195 330.213 8.195

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 1.16 mean?
Taiwan IC Packaging (ROCO:3372) has a Cyclically Adjusted PB Ratio of 1.16 as of Aug. 13, 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 Taiwan IC Packaging and its competitors. This is 36% above median its historical median of 0.85. Over the past decade, Taiwan IC Packaging's Cyclically Adjusted PB Ratio has ranged from 0.34 to 1.82. According to the industry distribution chart, Taiwan IC Packaging ranks #161 out of 728 companies in the Semiconductors industry, placing it in the top 22.1%.
Is Taiwan IC Packaging's Cyclically Adjusted PB Ratio too high?
Taiwan IC Packaging's current Cyclically Adjusted PB Ratio of 1.16 is 36% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.82. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. Taiwan IC Packaging's value of 1.16 is 64.1% below this industry median. Based on the distribution chart, Taiwan IC Packaging ranks #161 out of 728 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan IC Packaging has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan IC Packaging's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Taiwan IC Packaging ranks #161 out of 728 companies for Cyclically Adjusted PB Ratio. This places Taiwan IC Packaging in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.23. Taiwan IC Packaging's value of 1.16 is 64.1% below this benchmark. Historically, Taiwan IC Packaging's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 1.82 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 3.23, Taiwan IC Packaging 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. Taiwan IC Packaging's current Cyclically Adjusted PB Ratio of 1.16 is 64.1% 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 Taiwan IC Packaging 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. Taiwan IC Packaging's current Cyclically Adjusted PB Ratio is 1.16, which is 36% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan IC Packaging stock overvalued right now?
Based on GuruFocus' analysis, Taiwan IC Packaging (ROCO:3372) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.13, compared to a current price of NT$16.10 — trading 15.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.16, which is 36% above median its 10-year median of 0.85 and 64.1% below the Semiconductors industry median of 3.23. Taiwan IC Packaging's overall GF Score™ is 61/100 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 Taiwan IC Packaging (ROCO:3372), the current Cyclically Adjusted PB Ratio is 1.16 as of Aug. 13, 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 Taiwan IC Packaging (ROCO:3372) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan IC Packaging stock appears to be undervalued. The current stock price of NT$16.10 is trading 15.8% below its estimated GF Value™ of NT$19.13. GuruFocus considers Taiwan IC Packaging to be Modestly Undervalued.

Key valuation signals for ROCO:3372:

  • Cyclically Adjusted PB Ratio: 1.16 (36% above median its 10-year median of 0.85)
  • GF Value™: NT$19.13 vs. price of NT$16.10 (15.8% below fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 64.1% below the Semiconductors median (#161 of 728)

No single metric tells the full story. See the ROCO:3372 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan IC Packaging Business Description

Address No. 1, South 2rd Road, Qianzhen District, Kaohsiung City, TWN
Taiwan IC Packaging Corp is engaged in semiconductor packaging and testing. It has one operating segment: Semiconductor packaging and testing. Majority of revenue is generated from Semiconductor Packaging and testing. The company opertes in Taiwan, Korea, America, and Other International Countries, with the majority of revenue from Taiwan.
61GF Score

Get the complete analysis for ROCO:3372

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

NT$16.10
Price
NT$19.13
GF Value