Diva Laboratories (ROCO:4153) Cyclically Adjusted PB Ratio: 1.48 (As of Aug. 13, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4153 Diva Laboratories Ltd ROCO:4153
76 GF Score
Price NT$33.10
GF Value NT$38.05
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Diva Laboratories Cyclically Adjusted PB Ratio?

Diva Laboratories ROCO:4153 +0.30% 76 Cyclically Adjusted PB Ratio is 1.48 as of Aug. 13, 2026, which is 1% below its 10-year median of 1.49. GuruFocus rates ROCO:4153 with a GF Score™ of 76/100 and a GF Value™ of NT$38.05 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 131 Medical Diagnostics & Research companies, Diva Laboratories ranks better than 54.96% on this metric.

As of today (2026-08-13), Diva Laboratories's current share price is NT$33.10. Diva Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$22.33. Diva Laboratories's Cyclically Adjusted PB Ratio for today is 1.48.

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

ROCO:4153' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.49   Max: 2.42
Current: 1.49

During the past years, Diva Laboratories's highest Cyclically Adjusted PB Ratio was 2.42. The lowest was 1.06. And the median was 1.49.

ROCO:4153's Cyclically Adjusted PB Ratio is ranked better than
54.96% of 131 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.78 vs ROCO:4153: 1.49

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.

Diva Laboratories's adjusted book value per share data for the three months ended in Mar. 2026 was NT$15.955. 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$22.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diva Laboratories  (ROCO:4153) 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.


Diva Laboratories Cyclically Adjusted PB Ratio Related Terms


Diva Laboratories Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Diva Laboratories'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.

Diva Laboratories Cyclically Adjusted PB Ratio Chart

Diva Laboratories 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 1.27 1.78 1.56 1.60 1.55

Diva Laboratories 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 1.61 1.74 1.66 1.55 1.46

ROCO:4153 vs TMO, DHR, IDXX: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, Diva Laboratories'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.


Diva Laboratories Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Diva Laboratories's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:4153
76GF Score
Diva Laboratories Ltd ROCO:4153
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diva Laboratories 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.

Diva Laboratories's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.10/22.33
=1.48

* 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.

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

For example, Diva Laboratories'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)
=15.955/330.2130*330.2130
=15.955

Current CPI (Mar. 2026) = 330.2130.

Diva Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.401 241.018 34.801
201609 24.958 241.428 34.136
201612 23.392 241.432 31.994
201703 21.760 243.801 29.473
201706 22.523 244.955 30.362
201709 18.060 246.819 24.162
201712 17.898 246.524 23.974
201803 19.545 249.554 25.862
201806 19.959 251.989 26.155
201809 20.093 252.439 26.283
201812 19.703 251.233 25.897
201903 20.100 254.202 26.110
201906 18.673 256.143 24.073
201909 18.889 256.759 24.293
201912 18.859 256.974 24.234
202003 18.656 258.115 23.867
202006 18.905 257.797 24.215
202009 16.962 260.280 21.519
202012 16.856 260.474 21.369
202103 16.837 264.877 20.990
202106 16.886 271.696 20.523
202109 16.896 274.310 20.339
202112 16.814 278.802 19.914
202203 16.867 287.504 19.373
202206 16.567 296.311 18.462
202209 16.976 296.808 18.887
202212 17.321 296.797 19.271
202303 16.688 301.836 18.257
202306 16.918 305.109 18.310
202309 17.256 307.789 18.513
202312 17.604 306.746 18.951
202403 16.792 312.332 17.753
202406 17.372 314.175 18.259
202409 17.586 315.301 18.418
202412 17.991 315.605 18.824
202503 16.436 319.799 16.971
202506 16.785 322.561 17.183
202509 17.013 324.800 17.297
202512 17.542 324.054 17.875
202603 15.955 330.213 15.955

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 1.48 mean?
Diva Laboratories (ROCO:4153) has a Cyclically Adjusted PB Ratio of 1.48 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 Diva Laboratories and its competitors. This is near median its historical median of 1.49. Over the past decade, Diva Laboratories' Cyclically Adjusted PB Ratio has ranged from 1.06 to 2.42. According to the industry distribution chart, Diva Laboratories ranks #59 out of 131 companies in the Medical Diagnostics & Research industry, placing it in the top 45%.
Is Diva Laboratories' Cyclically Adjusted PB Ratio too high?
Diva Laboratories' current Cyclically Adjusted PB Ratio of 1.48 is near median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.42. The Medical Diagnostics & Research industry median Cyclically Adjusted PB Ratio is 1.78. Diva Laboratories' value of 1.48 is 16.9% below this industry median. Based on the distribution chart, Diva Laboratories ranks #59 out of 131 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, Diva Laboratories has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Diva Laboratories' Cyclically Adjusted PB Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Diva Laboratories ranks #59 out of 131 companies for Cyclically Adjusted PB Ratio. This puts Diva Laboratories in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. Diva Laboratories' value of 1.48 is 16.9% below this benchmark. Historically, Diva Laboratories' own Cyclically Adjusted PB Ratio has ranged from 1.06 to 2.42 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.78, Diva Laboratories 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PB Ratio among Medical Diagnostics & Research companies is 1.78, based on 131 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. Diva Laboratories's current Cyclically Adjusted PB Ratio of 1.48 is 16.9% 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 Diva Laboratories and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diva Laboratories's current Cyclically Adjusted PB Ratio is 1.48, which is near median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diva Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Diva Laboratories (ROCO:4153) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$38.05, compared to a current price of NT$33.10 — trading 13% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.48, which is near median its 10-year median of 1.49 and 16.9% below the Medical Diagnostics & Research industry median of 1.78. Diva Laboratories' overall GF Score™ is 76/100 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 Diva Laboratories (ROCO:4153), the current Cyclically Adjusted PB Ratio is 1.48 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 Diva Laboratories (ROCO:4153) Overvalued in 2026?

Based on GuruFocus' analysis, Diva Laboratories stock appears to be undervalued. The current stock price of NT$33.10 is trading 13% below its estimated GF Value™ of NT$38.05. GuruFocus considers Diva Laboratories to be Modestly Undervalued.

Key valuation signals for ROCO:4153:

  • Cyclically Adjusted PB Ratio: 1.48 (near median its 10-year median of 1.49)
  • GF Value™: NT$38.05 vs. price of NT$33.10 (13% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 16.9% below the Medical Diagnostics & Research median (#59 of 131)

No single metric tells the full story. See the ROCO:4153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Diva Laboratories Business Description

Address Zhongshan Road, 9th Floor, No.351, Section 2, Zhonghe District, New Taipei City, TWN, 235602
Diva Laboratories Ltd is engaged in the sale, manufacturing and development of medical equipment and computer-related devices. Its products are divided into Medical display which includes radiology, endo/surgical, touch, and embedded display; and Industrial display which includes touch display monitors. It derives revenue from sale of Medical monitors, Medical parts, Industrial monitors, Industrial parts, and Parts. Geographically it operates and derives revenue from Taiwan.
76GF Score

Get the complete analysis for ROCO:4153

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

NT$33.10
Price
NT$38.05
GF Value