Advanced Echem Materials Co (ROCO:4749) Cyclically Adjusted PB Ratio: 25.37 (As of Aug. 16, 2026) — 10% Below Median

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ROCO:4749 Advanced Echem Materials Co Ltd ROCO:4749
71 GF Score
Price NT$787.00
GF Value NT$972.11
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Advanced Echem Materials Co Cyclically Adjusted PB Ratio?

Advanced Echem Materials Co ROCO:4749 -1.38% 71 Cyclically Adjusted PB Ratio is 25.37 as of Aug. 16, 2026, which is 10% below its 10-year median of 28.11. GuruFocus rates ROCO:4749 with a GF Score™ of 71/100 and a GF Value™ of NT$972.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,962 Hardware companies, Advanced Echem Materials Co ranks worse than 97.4% on this metric.

As of today (2026-08-16), Advanced Echem Materials Co's current share price is NT$787.00. Advanced Echem Materials Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$31.02. Advanced Echem Materials Co's Cyclically Adjusted PB Ratio for today is 25.37.

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

ROCO:4749' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 22.71   Med: 28.11   Max: 32.61
Current: 25.37

During the past 11 years, Advanced Echem Materials Co's highest Cyclically Adjusted PB Ratio was 32.61. The lowest was 22.71. And the median was 28.11.

ROCO:4749's Cyclically Adjusted PB Ratio is ranked worse than
97.4% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs ROCO:4749: 25.37

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.

Advanced Echem Materials Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$99.337. 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$31.02 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Echem Materials Co  (ROCO:4749) 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.


Advanced Echem Materials Co Cyclically Adjusted PB Ratio Related Terms


Advanced Echem Materials Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Advanced Echem Materials 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.

Advanced Echem Materials Co Cyclically Adjusted PB Ratio Chart

Advanced Echem Materials Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 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 29.57 28.18

Advanced Echem Materials Co Quarterly Data
Dec20 Jun21 Sep21 Dec21 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 28.18 0.00

ROCO:4749 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Advanced Echem Materials 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.


Advanced Echem Materials Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Advanced Echem Materials Co's Cyclically Adjusted PB Ratio falls into.


ROCO:4749
71GF Score
Advanced Echem Materials Co Ltd ROCO:4749
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Echem Materials 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.

Advanced Echem Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=787.00/31.02
=25.37

* 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.

Advanced Echem Materials Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Advanced Echem Materials Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=99.337/324.0540*324.0540
=99.337

Current CPI (Dec25) = 324.0540.

Advanced Echem Materials Co Annual Data

Book Value per Share CPI Adj_Book
201012 6.916 219.179 10.225
201112 10.012 225.672 14.377
201212 10.882 229.601 15.359
201312 13.585 233.049 18.890
202012 19.034 260.474 23.680
202112 24.680 278.802 28.686
202212 29.267 296.797 31.955
202312 29.660 306.746 31.334
202412 35.434 315.605 36.383
202512 99.337 324.054 99.337

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 25.37 mean?
Advanced Echem Materials Co (ROCO:4749) has a Cyclically Adjusted PB Ratio of 25.37 as of Aug. 16, 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 Advanced Echem Materials Co and its competitors. This is 10% below median its historical median of 28.11. Over the past decade, Advanced Echem Materials Co's Cyclically Adjusted PB Ratio has ranged from 22.71 to 32.61. According to the industry distribution chart, Advanced Echem Materials Co ranks #1911 out of 1962 companies in the Hardware industry, placing it in the top 97.4%.
Is Advanced Echem Materials Co's Cyclically Adjusted PB Ratio too high?
Advanced Echem Materials Co's current Cyclically Adjusted PB Ratio of 25.37 is 10% below median its 10-year median of 28.11. Over the past 10 years, this metric has ranged from a low of 22.71 to a high of 32.61. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. Advanced Echem Materials Co's value of 25.37 is 1099.5% above this industry median. Based on the distribution chart, Advanced Echem Materials Co ranks #1911 out of 1962 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Advanced Echem Materials Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Echem Materials Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Advanced Echem Materials Co ranks #1911 out of 1962 companies for Cyclically Adjusted PB Ratio. This places Advanced Echem Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Advanced Echem Materials Co's value of 25.37 is 1099.5% above this benchmark. Historically, Advanced Echem Materials Co's own Cyclically Adjusted PB Ratio has ranged from 22.71 to 32.61 over the past decade. While the company's 10-year median is 28.11 vs. the industry median of 2.12, Advanced Echem Materials Co has consistently been above 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 2.12, based on 1,962 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. Advanced Echem Materials Co's current Cyclically Adjusted PB Ratio of 25.37 is 1099.5% above 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 Advanced Echem Materials Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Echem Materials Co's current Cyclically Adjusted PB Ratio is 25.37, which is 10% below median its own 10-year median of 28.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Echem Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Advanced Echem Materials Co (ROCO:4749) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$972.11, compared to a current price of NT$787.00 — trading 19% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 25.37, which is 10% below median its 10-year median of 28.11 and 1099.5% above the Hardware industry median of 2.12. Advanced Echem Materials Co's overall GF Score™ is 71/100 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 Advanced Echem Materials Co (ROCO:4749), the current Cyclically Adjusted PB Ratio is 25.37 as of Aug. 16, 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 Advanced Echem Materials Co (ROCO:4749) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Echem Materials Co stock appears to be undervalued. The current stock price of NT$787.00 is trading 19% below its estimated GF Value™ of NT$972.11. GuruFocus considers Advanced Echem Materials Co to be Modestly Undervalued.

Key valuation signals for ROCO:4749:

  • Cyclically Adjusted PB Ratio: 25.37 (10% below median its 10-year median of 28.11)
  • GF Value™: NT$972.11 vs. price of NT$787.00 (19% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 1099.5% above the Hardware median (#1911 of 1962)

No single metric tells the full story. See the ROCO:4749 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Echem Materials Co Business Description

Address No.455, Xinhe Road, Sanhe Village, Longtan District, Taoyuan, TWN, 325003
Advanced Echem Materials Co Ltd is engaged in developing and manufacturing special chemical materials for semiconductor and display applications. The company focuses on core technologies such as synthesis, purification of special raw materials, and innovation in formulation materials.
71GF Score

Get the complete analysis for ROCO:4749

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

NT$787.00
Price
NT$972.11
GF Value