C-Tech United (ROCO:3625) Cyclically Adjusted PB Ratio: 0.90 (As of Aug. 22, 2026) — 30% Below Median

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ROCO:3625 C-Tech United Corp ROCO:3625
44 GF Score
Price NT$11.10
GF Value NT$7.65
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is C-Tech United Cyclically Adjusted PB Ratio?

C-Tech United ROCO:3625 -5.53% 44 Cyclically Adjusted PB Ratio is 0.90 as of Aug. 22, 2026, which is 30% below its 10-year median of 1.29. GuruFocus rates ROCO:3625 with a GF Score™ of 44/100 and a GF Value™ of NT$7.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,159 Industrial Products companies, C-Tech United ranks better than 74.71% on this metric.

As of today (2026-08-22), C-Tech United's current share price is NT$11.10. C-Tech United's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$12.30. C-Tech United's Cyclically Adjusted PB Ratio for today is 0.90.

The historical rank and industry rank for C-Tech United's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:3625' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.29   Max: 2.78
Current: 0.9

During the past years, C-Tech United's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 0.90. And the median was 1.29.

ROCO:3625's Cyclically Adjusted PB Ratio is ranked better than
74.71% of 2159 companies
in the Industrial Products industry
Industry Median: 2.14 vs ROCO:3625: 0.90

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.

C-Tech United's adjusted book value per share data for the three months ended in Mar. 2026 was NT$5.147. 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$12.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


C-Tech United  (ROCO:3625) 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.


C-Tech United Cyclically Adjusted PB Ratio Related Terms


C-Tech United Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for C-Tech United'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.

C-Tech United Cyclically Adjusted PB Ratio Chart

C-Tech United 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 2.04 0.94 1.23 1.44 1.68

C-Tech United 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 1.22 1.13 2.05 1.68 1.39

ROCO:3625 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, C-Tech United'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.


C-Tech United Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, C-Tech United's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C-Tech United's Cyclically Adjusted PB Ratio falls into.


ROCO:3625
44GF Score
C-Tech United Corp ROCO:3625
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C-Tech United 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.

C-Tech United's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.10/12.30
=0.90

* 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.

C-Tech United's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, C-Tech United'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)
=5.147/330.2130*330.2130
=5.147

Current CPI (Mar. 2026) = 330.2130.

C-Tech United Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.052 241.018 11.032
201609 9.017 241.428 12.333
201612 11.333 241.432 15.500
201703 10.658 243.801 14.436
201706 11.085 244.955 14.943
201709 13.745 246.819 18.389
201712 12.256 246.524 16.417
201803 12.266 249.554 16.231
201806 11.854 251.989 15.534
201809 13.648 252.439 17.853
201812 14.259 251.233 18.742
201903 14.270 254.202 18.537
201906 13.489 256.143 17.390
201909 14.138 256.759 18.183
201912 14.243 256.974 18.302
202003 13.620 258.115 17.424
202006 12.064 257.797 15.453
202009 12.307 260.280 15.614
202012 11.541 260.474 14.631
202103 11.139 264.877 13.887
202106 11.225 271.696 13.643
202109 11.236 274.310 13.526
202112 10.639 278.802 12.601
202203 11.898 287.504 13.665
202206 11.664 296.311 12.999
202209 11.045 296.808 12.288
202212 7.726 296.797 8.596
202303 7.913 301.836 8.657
202306 7.571 305.109 8.194
202309 7.568 307.789 8.119
202312 6.722 306.746 7.236
202403 6.382 312.332 6.747
202406 5.949 314.175 6.253
202409 5.956 315.301 6.238
202412 5.516 315.605 5.771
202503 5.303 319.799 5.476
202506 5.261 322.561 5.386
202509 5.272 324.800 5.360
202512 5.033 324.054 5.129
202603 5.147 330.213 5.147

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 0.90 mean?
C-Tech United (ROCO:3625) has a Cyclically Adjusted PB Ratio of 0.90 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 C-Tech United and its competitors. This is 30% below median its historical median of 1.29. Over the past decade, C-Tech United's Cyclically Adjusted PB Ratio has ranged from 0.90 to 2.78. According to the industry distribution chart, C-Tech United ranks #546 out of 2159 companies in the Industrial Products industry, placing it in the top 25.3%.
Is C-Tech United's Cyclically Adjusted PB Ratio too high?
C-Tech United's current Cyclically Adjusted PB Ratio of 0.90 is 30% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.78. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. C-Tech United's value of 0.90 is 57.9% below this industry median. Based on the distribution chart, C-Tech United ranks #546 out of 2159 companies in the Industrial Products industry, which is above the industry midpoint. Overall, C-Tech United has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does C-Tech United's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, C-Tech United ranks #546 out of 2159 companies for Cyclically Adjusted PB Ratio. This puts C-Tech United in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. C-Tech United's value of 0.90 is 57.9% below this benchmark. Historically, C-Tech United's own Cyclically Adjusted PB Ratio has ranged from 0.90 to 2.78 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 2.14, C-Tech United 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.14, based on 2,159 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. C-Tech United's current Cyclically Adjusted PB Ratio of 0.90 is 57.9% 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 C-Tech United and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-Tech United's current Cyclically Adjusted PB Ratio is 0.90, which is 30% below median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-Tech United stock overvalued right now?
Based on GuruFocus' analysis, C-Tech United (ROCO:3625) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.65, compared to a current price of NT$11.10 — trading 45.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 30% below median its 10-year median of 1.29 and 57.9% below the Industrial Products industry median of 2.14. C-Tech United's overall GF Score™ is 44/100 with 4 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 C-Tech United (ROCO:3625), the current Cyclically Adjusted PB Ratio is 0.90 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 C-Tech United (ROCO:3625) Overvalued in 2026?

Based on GuruFocus' analysis, C-Tech United stock appears to be overvalued. The current stock price of NT$11.10 is trading 45.1% above its estimated GF Value™ of NT$7.65. GuruFocus considers C-Tech United to be Significantly Overvalued.

Key valuation signals for ROCO:3625:

  • Cyclically Adjusted PB Ratio: 0.90 (30% below median its 10-year median of 1.29)
  • GF Value™: NT$7.65 vs. price of NT$11.10 (45.1% above fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 57.9% below the Industrial Products median (#546 of 2159)

No single metric tells the full story. See the ROCO:3625 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C-Tech United Business Description

Address No, 663 Zhongzheng Road, 5th Floor, No. 665, Xinzhuang Distict, New Taipei, TWN, 24257
C-Tech United Corp main business items are the manufacturing and processing of battery modules, the development and manufacturing of electronic components, and the sales of houses and buildings. The Company is a designer and manufacturer of lithium-ion and lithium polymer battery modules, with clients including LG, HP, Dell, Acer, Schneider, and SRAM. Its product range includes battery modules for e-mobility, backup power systems (BPS), electric vehicles, 3C/IT devices, and energy storage systems (ESS). The Company operates in Korea, Taiwan, and other regions, with the majority of its revenue coming from Korea.
44GF Score

Get the complete analysis for ROCO:3625

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

NT$11.10
Price
NT$7.65
GF Value