Globalsat Worldcom (ROCO:3499) Cyclically Adjusted PB Ratio: 1.03 (As of Aug. 13, 2026) — 22% Below Median

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ROCO:3499 Globalsat Worldcom Corp ROCO:3499
61 GF Score
Price NT$13.00
GF Value NT$17.81
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Globalsat Worldcom Cyclically Adjusted PB Ratio?

Globalsat Worldcom ROCO:3499 61 Cyclically Adjusted PB Ratio is 1.03 as of Aug. 13, 2026, which is 22% below its 10-year median of 1.32. GuruFocus rates ROCO:3499 with a GF Score™ of 61/100 and a GF Value™ of NT$17.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,962 Hardware companies, Globalsat Worldcom ranks better than 70.39% on this metric.

As of today (2026-08-13), Globalsat Worldcom's current share price is NT$13.00. Globalsat Worldcom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$12.62. Globalsat Worldcom's Cyclically Adjusted PB Ratio for today is 1.03.

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

ROCO:3499' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.32   Max: 1.98
Current: 1.03

During the past years, Globalsat Worldcom's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.74. And the median was 1.32.

ROCO:3499's Cyclically Adjusted PB Ratio is ranked better than
70.39% of 1962 companies
in the Hardware industry
Industry Median: 2.085 vs ROCO:3499: 1.03

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.

Globalsat Worldcom's adjusted book value per share data for the three months ended in Mar. 2026 was NT$8.033. 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$12.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globalsat Worldcom  (ROCO:3499) 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.


Globalsat Worldcom Cyclically Adjusted PB Ratio Related Terms


Globalsat Worldcom Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Globalsat Worldcom'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.

Globalsat Worldcom Cyclically Adjusted PB Ratio Chart

Globalsat Worldcom 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 1.98 1.41 1.61 1.63 1.56

Globalsat Worldcom 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 1.20 1.02 1.18 1.56 1.43

ROCO:3499 vs COHR, KEYS, GRMN: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Globalsat Worldcom'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.


Globalsat Worldcom Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:3499
61GF Score
Globalsat Worldcom Corp ROCO:3499
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globalsat Worldcom 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.

Globalsat Worldcom's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.00/12.62
=1.03

* 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.

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

For example, Globalsat Worldcom'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)
=8.033/330.2130*330.2130
=8.033

Current CPI (Mar. 2026) = 330.2130.

Globalsat Worldcom Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.268 241.018 15.438
201609 11.024 241.428 15.078
201612 11.333 241.432 15.500
201703 10.898 243.801 14.761
201706 11.400 244.955 15.368
201709 11.514 246.819 15.404
201712 11.295 246.524 15.129
201803 11.240 249.554 14.873
201806 11.256 251.989 14.750
201809 11.178 252.439 14.622
201812 11.344 251.233 14.910
201903 11.604 254.202 15.074
201906 11.521 256.143 14.853
201909 11.701 256.759 15.048
201912 11.493 256.974 14.769
202003 11.147 258.115 14.261
202006 10.449 257.797 13.384
202009 10.293 260.280 13.059
202012 10.583 260.474 13.416
202103 10.290 264.877 12.828
202106 10.137 271.696 12.320
202109 10.248 274.310 12.336
202112 10.348 278.802 12.256
202203 10.509 287.504 12.070
202206 10.589 296.311 11.801
202209 10.773 296.808 11.985
202212 10.422 296.797 11.595
202303 10.132 301.836 11.085
202306 9.867 305.109 10.679
202309 9.852 307.789 10.570
202312 9.712 306.746 10.455
202403 9.846 312.332 10.410
202406 9.752 314.175 10.250
202409 9.602 315.301 10.056
202412 9.884 315.605 10.341
202503 9.644 319.799 9.958
202506 8.641 322.561 8.846
202509 8.521 324.800 8.663
202512 8.499 324.054 8.661
202603 8.033 330.213 8.033

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 1.03 mean?
Globalsat Worldcom (ROCO:3499) has a Cyclically Adjusted PB Ratio of 1.03 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 Globalsat Worldcom and its competitors. This is 22% below median its historical median of 1.32. Over the past decade, Globalsat Worldcom's Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.98. According to the industry distribution chart, Globalsat Worldcom ranks #581 out of 1962 companies in the Hardware industry, placing it in the top 29.6%.
Is Globalsat Worldcom's Cyclically Adjusted PB Ratio too high?
Globalsat Worldcom's current Cyclically Adjusted PB Ratio of 1.03 is 22% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.98. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Globalsat Worldcom's value of 1.03 is 50.6% below this industry median. Based on the distribution chart, Globalsat Worldcom ranks #581 out of 1962 companies in the Hardware industry, which is above the industry midpoint. Overall, Globalsat Worldcom has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globalsat Worldcom's Cyclically Adjusted PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Globalsat Worldcom ranks #581 out of 1962 companies for Cyclically Adjusted PB Ratio. This puts Globalsat Worldcom in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Globalsat Worldcom's value of 1.03 is 50.6% below this benchmark. Historically, Globalsat Worldcom's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.98 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 2.09, Globalsat Worldcom 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 2.09, based on 1,962 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. Globalsat Worldcom's current Cyclically Adjusted PB Ratio of 1.03 is 50.6% 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 Globalsat Worldcom and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globalsat Worldcom's current Cyclically Adjusted PB Ratio is 1.03, which is 22% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globalsat Worldcom stock overvalued right now?
Based on GuruFocus' analysis, Globalsat Worldcom (ROCO:3499) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.81, compared to a current price of NT$13.00 — trading 27% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is 22% below median its 10-year median of 1.32 and 50.6% below the Hardware industry median of 2.09. Globalsat Worldcom's overall GF Score™ is 61/100 with 3 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 Globalsat Worldcom (ROCO:3499), the current Cyclically Adjusted PB Ratio is 1.03 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 Globalsat Worldcom (ROCO:3499) Overvalued in 2026?

Based on GuruFocus' analysis, Globalsat Worldcom stock appears to be undervalued. The current stock price of NT$13.00 is trading 27% below its estimated GF Value™ of NT$17.81. GuruFocus considers Globalsat Worldcom to be Modestly Undervalued.

Key valuation signals for ROCO:3499:

  • Cyclically Adjusted PB Ratio: 1.03 (22% below median its 10-year median of 1.32)
  • GF Value™: NT$17.81 vs. price of NT$13.00 (27% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 50.6% below the Hardware median (#581 of 1962)

No single metric tells the full story. See the ROCO:3499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globalsat Worldcom Business Description

Address 16F, No.186, Jian 1st Road, Jhonghe District, New Taipei City, TWN, 235
Globalsat Worldcom Corp is a manufacturer for GPS receivers and module makers in Taiwan. Its products mainly include GPS receiver modules, outdoor GPS receivers, wearable GPS products, and personal tracking products, among others.
61GF Score

Get the complete analysis for ROCO:3499

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

NT$13.00
Price
NT$17.81
GF Value