Materials Analysis Technology (ROCO:3587) Cyclically Adjusted PB Ratio: 4.33 (As of Aug. 13, 2026) — 15% Above Median

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ROCO:3587 Materials Analysis Technology Inc ROCO:3587
94 GF Score
Price NT$253.00
GF Value NT$288.44
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Materials Analysis Technology Cyclically Adjusted PB Ratio?

Materials Analysis Technology ROCO:3587 94 Cyclically Adjusted PB Ratio is 4.33 as of Aug. 13, 2026, which is 15% above its 10-year median of 3.76. GuruFocus rates ROCO:3587 with a GF Score™ of 94/100 and a GF Value™ of NT$288.44 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,962 Hardware companies, Materials Analysis Technology ranks worse than 74.52% on this metric.

As of today (2026-08-13), Materials Analysis Technology's current share price is NT$253.00. Materials Analysis Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$58.40. Materials Analysis Technology's Cyclically Adjusted PB Ratio for today is 4.33.

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

ROCO:3587' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 3.76   Max: 6.72
Current: 4.38

During the past years, Materials Analysis Technology's highest Cyclically Adjusted PB Ratio was 6.72. The lowest was 1.65. And the median was 3.76.

ROCO:3587's Cyclically Adjusted PB Ratio is ranked worse than
74.52% of 1962 companies
in the Hardware industry
Industry Median: 2.085 vs ROCO:3587: 4.38

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.

Materials Analysis Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$75.814. 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$58.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Materials Analysis Technology  (ROCO:3587) 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.


Materials Analysis Technology Cyclically Adjusted PB Ratio Related Terms


Materials Analysis Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Materials Analysis Technology'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.

Materials Analysis Technology Cyclically Adjusted PB Ratio Chart

Materials Analysis Technology 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 4.17 3.53 4.95 4.79 3.28

Materials Analysis Technology 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 3.10 2.96 3.66 3.28 3.68

ROCO:3587 vs COHR, KEYS, GRMN: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Materials Analysis Technology'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.


Materials Analysis Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Materials Analysis Technology's Cyclically Adjusted PB Ratio falls into.


ROCO:3587
94GF Score
Materials Analysis Technology Inc ROCO:3587
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Materials Analysis Technology 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.

Materials Analysis Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=253.00/58.40
=4.33

* 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.

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

For example, Materials Analysis Technology'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)
=75.814/330.2130*330.2130
=75.814

Current CPI (Mar. 2026) = 330.2130.

Materials Analysis Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.422 241.018 34.830
201609 26.737 241.428 36.570
201612 33.745 241.432 46.154
201703 34.451 243.801 46.662
201706 32.016 244.955 43.159
201709 33.078 246.819 44.254
201712 41.471 246.524 55.549
201803 42.353 249.554 56.042
201806 40.887 251.989 53.579
201809 41.212 252.439 53.909
201812 42.769 251.233 56.214
201903 44.150 254.202 57.352
201906 41.971 256.143 54.108
201909 41.959 256.759 53.963
201912 42.997 256.974 55.251
202003 43.864 258.115 56.116
202006 41.541 257.797 53.210
202009 44.042 260.280 55.875
202012 46.554 260.474 59.018
202103 42.857 264.877 53.428
202106 44.869 271.696 54.533
202109 48.361 274.310 58.217
202112 51.546 278.802 61.051
202203 49.860 287.504 57.267
202206 50.477 296.311 56.252
202209 53.552 296.808 59.579
202212 56.518 296.797 62.881
202303 51.163 301.836 55.973
202306 54.647 305.109 59.143
202309 66.798 307.789 71.665
202312 68.135 306.746 73.348
202403 62.880 312.332 66.480
202406 66.865 314.175 70.278
202409 71.242 315.301 74.611
202412 72.640 315.605 76.002
202503 67.868 319.799 70.078
202506 63.278 322.561 64.779
202509 67.804 324.800 68.934
202512 72.449 324.054 73.826
202603 75.814 330.213 75.814

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 4.33 mean?
Materials Analysis Technology (ROCO:3587) has a Cyclically Adjusted PB Ratio of 4.33 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 Materials Analysis Technology and its competitors. This is 15% above median its historical median of 3.76. Over the past decade, Materials Analysis Technology's Cyclically Adjusted PB Ratio has ranged from 1.65 to 6.72. According to the industry distribution chart, Materials Analysis Technology ranks #1462 out of 1962 companies in the Hardware industry, placing it in the top 74.5%.
Is Materials Analysis Technology's Cyclically Adjusted PB Ratio too high?
Materials Analysis Technology's current Cyclically Adjusted PB Ratio of 4.33 is 15% above median its 10-year median of 3.76. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 6.72. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Materials Analysis Technology's value of 4.33 is 107.7% above this industry median. Based on the distribution chart, Materials Analysis Technology ranks #1462 out of 1962 companies in the Hardware industry, which is below the industry midpoint. Overall, Materials Analysis Technology has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Materials Analysis Technology's Cyclically Adjusted PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Materials Analysis Technology ranks #1462 out of 1962 companies for Cyclically Adjusted PB Ratio. This places Materials Analysis Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Materials Analysis Technology's value of 4.33 is 107.7% above this benchmark. Historically, Materials Analysis Technology's own Cyclically Adjusted PB Ratio has ranged from 1.65 to 6.72 over the past decade. While the company's 10-year median is 3.76 vs. the industry median of 2.09, Materials Analysis Technology has consistently been above 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. Materials Analysis Technology's current Cyclically Adjusted PB Ratio of 4.33 is 107.7% above 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 Materials Analysis Technology 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. Materials Analysis Technology's current Cyclically Adjusted PB Ratio is 4.33, which is 15% above median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materials Analysis Technology stock overvalued right now?
Based on GuruFocus' analysis, Materials Analysis Technology (ROCO:3587) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$288.44, compared to a current price of NT$253.00 — trading 12.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.33, which is 15% above median its 10-year median of 3.76 and 107.7% above the Hardware industry median of 2.09. Materials Analysis Technology's overall GF Score™ is 94/100 with 6 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 Materials Analysis Technology (ROCO:3587), the current Cyclically Adjusted PB Ratio is 4.33 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 Materials Analysis Technology (ROCO:3587) Overvalued in 2026?

Based on GuruFocus' analysis, Materials Analysis Technology stock appears to be undervalued. The current stock price of NT$253.00 is trading 12.3% below its estimated GF Value™ of NT$288.44. GuruFocus considers Materials Analysis Technology to be Modestly Undervalued.

Key valuation signals for ROCO:3587:

  • Cyclically Adjusted PB Ratio: 4.33 (15% above median its 10-year median of 3.76)
  • GF Value™: NT$288.44 vs. price of NT$253.00 (12.3% below fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 107.7% above the Hardware median (#1462 of 1962)

No single metric tells the full story. See the ROCO:3587 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Materials Analysis Technology Business Description

Address 1st Floor. No.26-2, Taiyuan Street, Hsinchu County, Zhubei, TWN, 302
Materials Analysis Technology Inc engages in research and development (R&D) and intellectual property services required by the upstream, midstream, and downstream materials and components manufacturers of the high-tech industry in an integrated circuit, flat-screen display, optoelectronics, testing, and packaging, and nano components and materials industries.
94GF Score

Get the complete analysis for ROCO:3587

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

NT$253.00
Price
NT$288.44
GF Value