Airlux Electrical Co (ROCO:4609) Cyclically Adjusted PB Ratio: 0.75 (As of Aug. 12, 2026) — 17% Below Median

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ROCO:4609 Airlux Electrical Co Ltd ROCO:4609
29 GF Score
Price NT$4.76
GF Value NT$8.49
Valuation Possible Value Trap
! 4 Warning Signs
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What is Airlux Electrical Co Cyclically Adjusted PB Ratio?

Airlux Electrical Co ROCO:4609 -4.03% 29 Cyclically Adjusted PB Ratio is 0.75 as of Aug. 12, 2026, which is 17% below its 10-year median of 0.90. GuruFocus rates ROCO:4609 with a GF Score™ of 29/100 and a GF Value™ of NT$8.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,965 Hardware companies, Airlux Electrical Co ranks better than 79.13% on this metric.

As of today (2026-08-12), Airlux Electrical Co's current share price is NT$4.76. Airlux Electrical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$6.38. Airlux Electrical Co's Cyclically Adjusted PB Ratio for today is 0.75.

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

ROCO:4609' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.9   Max: 1.37
Current: 0.75

During the past years, Airlux Electrical Co's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.59. And the median was 0.90.

ROCO:4609's Cyclically Adjusted PB Ratio is ranked better than
79.13% of 1965 companies
in the Hardware industry
Industry Median: 2.07 vs ROCO:4609: 0.75

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.

Airlux Electrical Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$2.865. 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$6.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airlux Electrical Co  (ROCO:4609) 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.


Airlux Electrical Co Cyclically Adjusted PB Ratio Related Terms


Airlux Electrical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Airlux Electrical 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.

Airlux Electrical Co Cyclically Adjusted PB Ratio Chart

Airlux Electrical 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 1.00 0.90 0.74 1.02 0.98

Airlux Electrical 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 1.12 1.18 1.10 0.98 0.81

ROCO:4609 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Airlux Electrical 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.


Airlux Electrical Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:4609
29GF Score
Airlux Electrical Co Ltd ROCO:4609
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airlux Electrical 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.

Airlux Electrical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.76/6.38
=0.75

* 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.

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

For example, Airlux Electrical 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)
=2.865/330.2130*330.2130
=2.865

Current CPI (Mar. 2026) = 330.2130.

Airlux Electrical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.432 241.018 12.923
201609 9.671 241.428 13.228
201612 9.331 241.432 12.762
201703 8.323 243.801 11.273
201706 7.817 244.955 10.538
201709 7.860 246.819 10.516
201712 7.623 246.524 10.211
201803 6.993 249.554 9.253
201806 6.573 251.989 8.613
201809 6.849 252.439 8.959
201812 6.614 251.233 8.693
201903 6.799 254.202 8.832
201906 6.609 256.143 8.520
201909 6.301 256.759 8.104
201912 5.539 256.974 7.118
202003 5.167 258.115 6.610
202006 4.444 257.797 5.692
202009 4.467 260.280 5.667
202012 4.297 260.474 5.447
202103 4.060 264.877 5.061
202106 3.632 271.696 4.414
202109 3.697 274.310 4.450
202112 3.815 278.802 4.518
202203 3.887 287.504 4.464
202206 3.902 296.311 4.348
202209 4.485 296.808 4.990
202212 4.253 296.797 4.732
202303 3.971 301.836 4.344
202306 3.888 305.109 4.208
202309 3.722 307.789 3.993
202312 3.511 306.746 3.780
202403 3.414 312.332 3.609
202406 3.408 314.175 3.582
202409 3.253 315.301 3.407
202412 3.225 315.605 3.374
202503 3.076 319.799 3.176
202506 2.628 322.561 2.690
202509 3.048 324.800 3.099
202512 2.987 324.054 3.044
202603 2.865 330.213 2.865

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 0.75 mean?
Airlux Electrical Co (ROCO:4609) has a Cyclically Adjusted PB Ratio of 0.75 as of Aug. 12, 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 Airlux Electrical Co and its competitors. This is 17% below median its historical median of 0.90. Over the past decade, Airlux Electrical Co's Cyclically Adjusted PB Ratio has ranged from 0.59 to 1.37. According to the industry distribution chart, Airlux Electrical Co ranks #410 out of 1965 companies in the Hardware industry, placing it in the top 20.9%.
Is Airlux Electrical Co's Cyclically Adjusted PB Ratio too high?
Airlux Electrical Co's current Cyclically Adjusted PB Ratio of 0.75 is 17% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.37. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Airlux Electrical Co's value of 0.75 is 63.8% below this industry median. Based on the distribution chart, Airlux Electrical Co ranks #410 out of 1965 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Airlux Electrical Co has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Airlux Electrical Co's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Airlux Electrical Co ranks #410 out of 1965 companies for Cyclically Adjusted PB Ratio. This places Airlux Electrical Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Airlux Electrical Co's value of 0.75 is 63.8% below this benchmark. Historically, Airlux Electrical Co's own Cyclically Adjusted PB Ratio has ranged from 0.59 to 1.37 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 2.07, Airlux Electrical 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 1,965 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. Airlux Electrical Co's current Cyclically Adjusted PB Ratio of 0.75 is 63.8% 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 Airlux Electrical 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. Airlux Electrical Co's current Cyclically Adjusted PB Ratio is 0.75, which is 17% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airlux Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Airlux Electrical Co (ROCO:4609) is currently considered Possible Value Trap. The stock's GF Value™ is NT$8.49, compared to a current price of NT$4.76 — trading 43.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is 17% below median its 10-year median of 0.90 and 63.8% below the Hardware industry median of 2.07. Airlux Electrical Co's overall GF Score™ is 29/100 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 Airlux Electrical Co (ROCO:4609), the current Cyclically Adjusted PB Ratio is 0.75 as of Aug. 12, 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 Airlux Electrical Co (ROCO:4609) Overvalued in 2026?

Based on GuruFocus' analysis, Airlux Electrical Co stock appears to be undervalued. The current stock price of NT$4.76 is trading 43.9% below its estimated GF Value™ of NT$8.49. GuruFocus considers Airlux Electrical Co to be Possible Value Trap.

Key valuation signals for ROCO:4609:

  • Cyclically Adjusted PB Ratio: 0.75 (17% below median its 10-year median of 0.90)
  • GF Value™: NT$8.49 vs. price of NT$4.76 (43.9% below fair value)
  • GF Score™: 29/100 with 4 warning signs
  • Industry Position: 63.8% below the Hardware median (#410 of 1965)

No single metric tells the full story. See the ROCO:4609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airlux Electrical Co Business Description

Address 2-20 Nanyuan Road, Chungli, Taoyuan Hsien, TWN
Airlux Electrical Co Ltd is a Taiwan based electrical appliances company. It is involved in the development of motor driven electrical appliances such as table blenders, food processor, hand blender, stand mixer and others. The company also offers other appliances such as soup maker, ceramic heater, convection oven, contact grill and others.
29GF Score

Get the complete analysis for ROCO:4609

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

NT$4.76
Price
NT$8.49
GF Value