Koge Micro Tech Co (ROCO:4568) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 13, 2026) — Near Median

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ROCO:4568 Koge Micro Tech Co Ltd ROCO:4568
86 GF Score
Price NT$39.65
GF Value NT$55.64
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Koge Micro Tech Co Cyclically Adjusted PB Ratio?

Koge Micro Tech Co ROCO:4568 -1.49% 86 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 13, 2026, which is 3% below its 10-year median of 1.10. GuruFocus rates ROCO:4568 with a GF Score™ of 86/100 and a GF Value™ of NT$55.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,229 Industrial Products companies, Koge Micro Tech Co ranks better than 73.84% on this metric.

As of today (2026-08-13), Koge Micro Tech Co's current share price is NT$39.65. Koge Micro Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$37.13. Koge Micro Tech Co's Cyclically Adjusted PB Ratio for today is 1.07.

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

ROCO:4568' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.1   Max: 1.18
Current: 1.06

During the past years, Koge Micro Tech Co's highest Cyclically Adjusted PB Ratio was 1.18. The lowest was 1.04. And the median was 1.10.

ROCO:4568's Cyclically Adjusted PB Ratio is ranked better than
73.84% of 2229 companies
in the Industrial Products industry
Industry Median: 2.17 vs ROCO:4568: 1.06

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.

Koge Micro Tech Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$35.703. 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$37.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koge Micro Tech Co  (ROCO:4568) 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.


Koge Micro Tech Co Cyclically Adjusted PB Ratio Related Terms


Koge Micro Tech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Koge Micro Tech 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.

Koge Micro Tech Co Cyclically Adjusted PB Ratio Chart

Koge Micro Tech 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 0.00 0.00 0.00 0.00 0.00

Koge Micro Tech 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 0.00 0.00 0.00 0.00 1.13

ROCO:4568 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Koge Micro Tech 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.


Koge Micro Tech Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Koge Micro Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koge Micro Tech Co's Cyclically Adjusted PB Ratio falls into.


ROCO:4568
86GF Score
Koge Micro Tech Co Ltd ROCO:4568
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koge Micro Tech 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.

Koge Micro Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.65/37.13
=1.07

* 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.

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

For example, Koge Micro Tech 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)
=35.703/330.2130*330.2130
=35.703

Current CPI (Mar. 2026) = 330.2130.

Koge Micro Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.854 234.812 4.014
201512 19.569 236.525 27.320
201612 25.388 241.432 34.724
201703 0.000 243.801 0.000
201706 23.771 244.955 32.045
201709 0.000 246.819 0.000
201712 27.423 246.524 36.732
201803 28.969 249.554 38.332
201806 26.363 251.989 34.547
201809 28.000 252.439 36.627
201812 33.222 251.233 43.666
201903 34.741 254.202 45.129
201906 31.388 256.143 40.465
201909 32.218 256.759 41.435
201912 32.502 256.974 41.765
202003 32.916 258.115 42.110
202006 30.573 257.797 39.161
202009 32.890 260.280 41.727
202012 33.859 260.474 42.924
202103 34.701 264.877 43.261
202106 35.635 271.696 43.310
202109 33.319 274.310 40.109
202112 34.994 278.802 41.447
202203 33.239 287.504 38.177
202206 35.075 296.311 39.088
202209 37.317 296.808 41.517
202212 36.665 296.797 40.793
202303 32.772 301.836 35.853
202306 32.876 305.109 35.581
202309 34.493 307.789 37.006
202312 33.904 306.746 36.498
202403 32.510 312.332 34.371
202406 33.447 314.175 35.154
202409 34.374 315.301 36.000
202412 35.206 315.605 36.836
202503 34.680 319.799 35.809
202506 31.999 322.561 32.758
202509 33.134 324.800 33.686
202512 34.648 324.054 35.307
202603 35.703 330.213 35.703

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 1.07 mean?
Koge Micro Tech Co (ROCO:4568) has a Cyclically Adjusted PB Ratio of 1.07 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 Koge Micro Tech Co and its competitors. This is near median its historical median of 1.10. Over the past decade, Koge Micro Tech Co's Cyclically Adjusted PB Ratio has ranged from 1.04 to 1.18. According to the industry distribution chart, Koge Micro Tech Co ranks #583 out of 2229 companies in the Industrial Products industry, placing it in the top 26.2%.
Is Koge Micro Tech Co's Cyclically Adjusted PB Ratio too high?
Koge Micro Tech Co's current Cyclically Adjusted PB Ratio of 1.07 is near median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 1.18. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Koge Micro Tech Co's value of 1.07 is 50.7% below this industry median. Based on the distribution chart, Koge Micro Tech Co ranks #583 out of 2229 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Koge Micro Tech Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Koge Micro Tech Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Koge Micro Tech Co ranks #583 out of 2229 companies for Cyclically Adjusted PB Ratio. This puts Koge Micro Tech Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Koge Micro Tech Co's value of 1.07 is 50.7% below this benchmark. Historically, Koge Micro Tech Co's own Cyclically Adjusted PB Ratio has ranged from 1.04 to 1.18 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 2.17, Koge Micro Tech 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,229 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. Koge Micro Tech Co's current Cyclically Adjusted PB Ratio of 1.07 is 50.7% 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 Koge Micro Tech Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koge Micro Tech Co's current Cyclically Adjusted PB Ratio is 1.07, which is near median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koge Micro Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Koge Micro Tech Co (ROCO:4568) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$55.64, compared to a current price of NT$39.65 — trading 28.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is near median its 10-year median of 1.10 and 50.7% below the Industrial Products industry median of 2.17. Koge Micro Tech Co's overall GF Score™ is 86/100 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 Koge Micro Tech Co (ROCO:4568), the current Cyclically Adjusted PB Ratio is 1.07 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 Koge Micro Tech Co (ROCO:4568) Overvalued in 2026?

Based on GuruFocus' analysis, Koge Micro Tech Co stock appears to be undervalued. The current stock price of NT$39.65 is trading 28.7% below its estimated GF Value™ of NT$55.64. GuruFocus considers Koge Micro Tech Co to be Modestly Undervalued.

Key valuation signals for ROCO:4568:

  • Cyclically Adjusted PB Ratio: 1.07 (near median its 10-year median of 1.10)
  • GF Value™: NT$55.64 vs. price of NT$39.65 (28.7% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 50.7% below the Industrial Products median (#583 of 2229)

No single metric tells the full story. See the ROCO:4568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koge Micro Tech Co Business Description

Address 5th Floor, No.6, Jiankang Road, Zhonghe District, New Taipei City, TWN, 23586
Koge Micro Tech Co Ltd is a Taiwan-based company engaged in the business of manufacturing precision pumps and valves. It engages in designing and producing different types of precision pumps and valves including air pumps, vacuum pumps, water pumps, gear pumps, and electromagnetic pumps; one-way solenoid valves, two-way solenoid valves, three-way solenoid valves, combined-type solenoid valves, linear-type solenoid valve and solenoid valves. The group's products are used and sold in fuel cells, energy and environment, environmental monitoring, detection analysis, medical devices, automotive products, healthcare equipment, beauty care apparatus, and household appliance fields.
86GF Score

Get the complete analysis for ROCO:4568

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

NT$39.65
Price
NT$55.64
GF Value