Shih Her Technologies (ROCO:3551) Cyclically Adjusted PB Ratio: 2.63 (As of Aug. 25, 2026) — 109% Above Median

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ROCO:3551 Shih Her Technologies Inc ROCO:3551
89 GF Score
Price NT$173.00
GF Value NT$151.18
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Shih Her Technologies Cyclically Adjusted PB Ratio?

Shih Her Technologies ROCO:3551 -0.57% 89 Cyclically Adjusted PB Ratio is 2.63 as of Aug. 25, 2026, which is 109% above its 10-year median of 1.26. GuruFocus rates ROCO:3551 with a GF Score™ of 89/100 and a GF Value™ of NT$151.18 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 725 Semiconductors companies, Shih Her Technologies ranks better than 55.03% on this metric.

As of today (2026-08-25), Shih Her Technologies's current share price is NT$173.00. Shih Her Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$65.82. Shih Her Technologies's Cyclically Adjusted PB Ratio for today is 2.63.

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

ROCO:3551' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.26   Max: 3.48
Current: 2.64

During the past years, Shih Her Technologies's highest Cyclically Adjusted PB Ratio was 3.48. The lowest was 0.65. And the median was 1.26.

ROCO:3551's Cyclically Adjusted PB Ratio is ranked better than
55.03% of 725 companies
in the Semiconductors industry
Industry Median: 3.16 vs ROCO:3551: 2.64

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.

Shih Her Technologies's adjusted book value per share data for the three months ended in Jun. 2026 was NT$81.052. 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$65.82 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shih Her Technologies  (ROCO:3551) 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.


Shih Her Technologies Cyclically Adjusted PB Ratio Related Terms


Shih Her Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shih Her Technologies'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.

Shih Her Technologies Cyclically Adjusted PB Ratio Chart

Shih Her Technologies 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 1.40 1.01 1.43 2.06 3.16

Shih Her Technologies 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 2.51 2.52 3.16 2.55 3.10

ROCO:3551 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Shih Her Technologies'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.


Shih Her Technologies Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shih Her Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shih Her Technologies's Cyclically Adjusted PB Ratio falls into.


ROCO:3551
89GF Score
Shih Her Technologies Inc ROCO:3551
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shih Her Technologies 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.

Shih Her Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=173.00/65.82
=2.63

* 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.

Shih Her Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shih Her Technologies'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)
=81.052/333.9520*333.9520
=81.052

Current CPI (Jun. 2026) = 333.9520.

Shih Her Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 44.275 241.428 61.243
201612 44.189 241.432 61.123
201703 43.728 243.801 59.897
201706 43.797 244.955 59.709
201709 44.962 246.819 60.835
201712 45.331 246.524 61.407
201803 46.148 249.554 61.755
201806 45.527 251.989 60.335
201809 45.946 252.439 60.782
201812 46.809 251.233 62.221
201903 47.989 254.202 63.044
201906 46.803 256.143 61.020
201909 47.208 256.759 61.401
201912 48.122 256.974 62.537
202003 48.905 258.115 63.274
202006 47.945 257.797 62.108
202009 49.279 260.280 63.227
202012 50.909 260.474 65.270
202103 52.447 264.877 66.124
202106 54.231 271.696 66.657
202109 54.347 274.310 66.163
202112 55.983 278.802 67.057
202203 58.719 287.504 68.205
202206 56.546 296.311 63.729
202209 58.061 296.808 65.327
202212 59.404 296.797 66.841
202303 60.976 301.836 67.464
202306 58.420 305.109 63.943
202309 60.526 307.789 65.671
202312 61.192 306.746 66.619
202403 63.205 312.332 67.580
202406 62.458 314.175 66.390
202409 64.698 315.301 68.525
202412 66.068 315.605 69.909
202503 68.813 319.799 71.858
202506 64.076 322.561 66.339
202509 69.003 324.800 70.947
202512 79.249 324.054 81.670
202603 82.545 330.213 83.480
202606 81.052 333.952 81.052

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 2.63 mean?
Shih Her Technologies (ROCO:3551) has a Cyclically Adjusted PB Ratio of 2.63 as of Aug. 25, 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 Shih Her Technologies and its competitors. This is 109% above median its historical median of 1.26. Over the past decade, Shih Her Technologies' Cyclically Adjusted PB Ratio has ranged from 0.65 to 3.48. According to the industry distribution chart, Shih Her Technologies ranks #326 out of 725 companies in the Semiconductors industry, placing it in the top 45%.
Is Shih Her Technologies' Cyclically Adjusted PB Ratio too high?
Shih Her Technologies' current Cyclically Adjusted PB Ratio of 2.63 is 109% above median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 3.48. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.16. Shih Her Technologies' value of 2.63 is 16.8% below this industry median. Based on the distribution chart, Shih Her Technologies ranks #326 out of 725 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shih Her Technologies has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shih Her Technologies' Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Shih Her Technologies ranks #326 out of 725 companies for Cyclically Adjusted PB Ratio. This puts Shih Her Technologies in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.16. Shih Her Technologies' value of 2.63 is 16.8% below this benchmark. Historically, Shih Her Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.65 to 3.48 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 3.16, Shih Her Technologies 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 3.16, based on 725 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. Shih Her Technologies's current Cyclically Adjusted PB Ratio of 2.63 is 16.8% 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 Shih Her Technologies and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shih Her Technologies's current Cyclically Adjusted PB Ratio is 2.63, which is 109% above median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shih Her Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shih Her Technologies (ROCO:3551) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$151.18, compared to a current price of NT$173.00 — trading 14.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.63, which is 109% above median its 10-year median of 1.26 and 16.8% below the Semiconductors industry median of 3.16. Shih Her Technologies' overall GF Score™ is 89/100 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 Shih Her Technologies (ROCO:3551), the current Cyclically Adjusted PB Ratio is 2.63 as of Aug. 25, 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 Shih Her Technologies (ROCO:3551) Overvalued in 2026?

Based on GuruFocus' analysis, Shih Her Technologies stock appears to be overvalued. The current stock price of NT$173.00 is trading 14.4% above its estimated GF Value™ of NT$151.18. GuruFocus considers Shih Her Technologies to be Modestly Overvalued.

Key valuation signals for ROCO:3551:

  • Cyclically Adjusted PB Ratio: 2.63 (109% above median its 10-year median of 1.26)
  • GF Value™: NT$151.18 vs. price of NT$173.00 (14.4% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 16.8% below the Semiconductors median (#326 of 725)

No single metric tells the full story. See the ROCO:3551 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shih Her Technologies Business Description

Address No.18, Renzheng Road, Hsinchu Industrial Zone, Hukou Township, Hsin-Chu, TWN, 30352
Shih Her Technologies Inc is a Taiwan-based company that regeneration cleaning, repair, sales, purchase, research & development, manufacturing, processing, and assembly of semiconductors, optoelectronic equipment and components. Geographically, the company operates in Taiwan; and China, of which it derives maximum revenue from Taiwan.
89GF Score

Get the complete analysis for ROCO:3551

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

NT$173.00
Price
NT$151.18
GF Value