AimCore technology Co (ROCO:3615) Cyclically Adjusted PB Ratio: 0.89 (As of Aug. 22, 2026) — 62% Above Median

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ROCO:3615 AimCore technology Co Ltd ROCO:3615
57 GF Score
Price NT$36.50
GF Value NT$20.95
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is AimCore technology Co Cyclically Adjusted PB Ratio?

AimCore technology Co ROCO:3615 57 Cyclically Adjusted PB Ratio is 0.89 as of Aug. 22, 2026, which is 62% above its 10-year median of 0.55. GuruFocus rates ROCO:3615 with a GF Score™ of 57/100 and a GF Value™ of NT$20.95 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,951 Hardware companies, AimCore technology Co ranks better than 73.09% on this metric.

As of today (2026-08-22), AimCore technology Co's current share price is NT$36.50. AimCore technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$41.23. AimCore technology Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

ROCO:3615' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.55   Max: 1.46
Current: 0.89

During the past years, AimCore technology Co's highest Cyclically Adjusted PB Ratio was 1.46. The lowest was 0.29. And the median was 0.55.

ROCO:3615's Cyclically Adjusted PB Ratio is ranked better than
73.09% of 1951 companies
in the Hardware industry
Industry Median: 2.07 vs ROCO:3615: 0.89

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.

AimCore technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$32.212. 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$41.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AimCore technology Co  (ROCO:3615) 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.


AimCore technology Co Cyclically Adjusted PB Ratio Related Terms


AimCore technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AimCore technology 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.

AimCore technology Co Cyclically Adjusted PB Ratio Chart

AimCore technology 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 0.60 0.39 0.54 0.67 0.60

AimCore technology Co 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 0.53 0.56 0.58 0.60 0.74

ROCO:3615 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, AimCore technology 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.


AimCore technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:3615
57GF Score
AimCore technology Co Ltd ROCO:3615
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AimCore technology 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.

AimCore technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.50/41.23
=0.89

* 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.

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

For example, AimCore technology Co'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)
=32.212/330.2130*330.2130
=32.212

Current CPI (Mar. 2026) = 330.2130.

AimCore technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 36.287 241.018 49.716
201609 36.731 241.428 50.239
201612 37.880 241.432 51.809
201703 37.789 243.801 51.183
201706 37.478 244.955 50.522
201709 38.582 246.819 51.618
201712 38.513 246.524 51.587
201803 39.091 249.554 51.726
201806 38.545 251.989 50.510
201809 38.390 252.439 50.218
201812 38.111 251.233 50.092
201903 38.039 254.202 49.413
201906 37.276 256.143 48.055
201909 37.080 256.759 47.688
201912 31.450 256.974 40.413
202003 31.257 258.115 39.988
202006 31.104 257.797 39.841
202009 30.371 260.280 38.531
202012 30.401 260.474 38.541
202103 30.824 264.877 38.427
202106 31.402 271.696 38.165
202109 31.685 274.310 38.142
202112 32.167 278.802 38.099
202203 33.028 287.504 37.934
202206 32.300 296.311 35.996
202209 32.408 296.808 36.055
202212 32.694 296.797 36.375
202303 32.946 301.836 36.043
202306 33.232 305.109 35.966
202309 33.453 307.789 35.890
202312 33.417 306.746 35.974
202403 32.898 312.332 34.781
202406 32.872 314.175 34.550
202409 33.020 315.301 34.582
202412 33.013 315.605 34.541
202503 32.685 319.799 33.749
202506 32.329 322.561 33.096
202509 32.992 324.800 33.542
202512 32.811 324.054 33.435
202603 32.212 330.213 32.212

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 0.89 mean?
AimCore technology Co (ROCO:3615) has a Cyclically Adjusted PB Ratio of 0.89 as of Aug. 22, 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 AimCore technology Co and its competitors. This is 62% above median its historical median of 0.55. Over the past decade, AimCore technology Co's Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.46. According to the industry distribution chart, AimCore technology Co ranks #525 out of 1951 companies in the Hardware industry, placing it in the top 26.9%.
Is AimCore technology Co's Cyclically Adjusted PB Ratio too high?
AimCore technology Co's current Cyclically Adjusted PB Ratio of 0.89 is 62% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.46. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. AimCore technology Co's value of 0.89 is 57% below this industry median. Based on the distribution chart, AimCore technology Co ranks #525 out of 1951 companies in the Hardware industry, which is above the industry midpoint. Overall, AimCore technology Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AimCore technology Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, AimCore technology Co ranks #525 out of 1951 companies for Cyclically Adjusted PB Ratio. This puts AimCore technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. AimCore technology Co's value of 0.89 is 57% below this benchmark. Historically, AimCore technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.46 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 2.07, AimCore technology Co 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 2.07, based on 1,951 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. AimCore technology Co's current Cyclically Adjusted PB Ratio of 0.89 is 57% 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 AimCore technology Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AimCore technology Co's current Cyclically Adjusted PB Ratio is 0.89, which is 62% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AimCore technology Co stock overvalued right now?
Based on GuruFocus' analysis, AimCore technology Co (ROCO:3615) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$20.95, compared to a current price of NT$36.50 — trading 74.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.89, which is 62% above median its 10-year median of 0.55 and 57% below the Hardware industry median of 2.07. AimCore technology Co's overall GF Score™ is 57/100 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 AimCore technology Co (ROCO:3615), the current Cyclically Adjusted PB Ratio is 0.89 as of Aug. 22, 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 AimCore technology Co (ROCO:3615) Overvalued in 2026?

Based on GuruFocus' analysis, AimCore technology Co stock appears to be overvalued. The current stock price of NT$36.50 is trading 74.2% above its estimated GF Value™ of NT$20.95. GuruFocus considers AimCore technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3615:

  • Cyclically Adjusted PB Ratio: 0.89 (62% above median its 10-year median of 0.55)
  • GF Value™: NT$20.95 vs. price of NT$36.50 (74.2% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 57% below the Hardware median (#525 of 1951)

No single metric tells the full story. See the ROCO:3615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AimCore technology Co Business Description

Address No 10, Kuangfu North Road, Hsinchu Industrial Park, Hukou Township, Hsinchu, TWN, 30351
AimCore technology Co Ltd focuses on the sale and manufacturing of conductive glass and the patterned sapphire substrate process in Taiwan. The Company's products include touch panel ITO glass, TN/STN LCD ITO glass, black matrix glass, and color filter top ITO glass.
57GF Score

Get the complete analysis for ROCO:3615

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

NT$36.50
Price
NT$20.95
GF Value