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Tainet Communication SystemROCO:4905 +0.12%51 Cyclically Adjusted PB Ratio is 0.75 as of Sep. 05, 2026, which is 7% above its 10-year median of 0.70. GuruFocus rates ROCO:4905 with a GF Score™ of 51/100. The stock has 10 warning signs investors should review. Among 1,930 Hardware companies, Tainet Communication System ranks better than 78.7% on this metric.
The historical rank and industry rank for Tainet Communication System's Cyclically Adjusted PB Ratio or its related term are showing as below:
ROCO:4905'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.7 Max: 1.14
Current: 0.78
During the past years, Tainet Communication System's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.51. And the median was 0.70.
ROCO:4905's Cyclically Adjusted PB Ratio is ranked better than 78.7% of 1930
companies
in the Hardware industry
Industry Median: 2.08
vs ROCO:4905: 0.78
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.
Tainet Communication System's adjusted book value per share data for the three months ended in Jun. 2026 was NT$106.566. 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$115.17 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tainet Communication System (ROCO:4905) 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.
Tainet Communication System Cyclically Adjusted PB Ratio Related Terms
Tainet Communication System Cyclically Adjusted PB Ratio Historical Data
* 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.
Tainet Communication System Cyclically Adjusted PB Ratio Chart
ROCO:4905 vs CSCO, MSI, LITE: Cyclically Adjusted PB Ratio Comparison
For the Communication Equipment subindustry, Tainet Communication System'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.
Tainet Communication System Cyclically Adjusted PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Tainet Communication System's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Tainet Communication System's Cyclically Adjusted PB Ratio falls into.
Tainet Communication System 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.
* 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.
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?
Tainet Communication System (ROCO:4905) has a Cyclically Adjusted PB Ratio of 0.75 as of Sep. 05, 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 Tainet Communication System and its competitors. This is near median its historical median of 0.70. Over the past decade, Tainet Communication System's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.14. According to the industry distribution chart, Tainet Communication System ranks #411 out of 1930 companies in the Hardware industry, placing it in the top 21.3%.
Is Tainet Communication System's Cyclically Adjusted PB Ratio too high?
Tainet Communication System's current Cyclically Adjusted PB Ratio of 0.75 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.14. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Tainet Communication System's value of 0.75 is 63.9% below this industry median. Based on the distribution chart, Tainet Communication System ranks #411 out of 1930 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tainet Communication System has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Tainet Communication System's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Tainet Communication System ranks #411 out of 1930 companies for Cyclically Adjusted PB Ratio. This places Tainet Communication System in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. Tainet Communication System's value of 0.75 is 63.9% below this benchmark. Historically, Tainet Communication System's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.14 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 2.08, Tainet Communication System 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 2.08, based on 1,930 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. Tainet Communication System's current Cyclically Adjusted PB Ratio of 0.75 is 63.9% 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 Tainet Communication System and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainet Communication System's current Cyclically Adjusted PB Ratio is 0.75, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainet Communication System stock overvalued right now?
Tainet Communication System (ROCO:4905) has a current Cyclically Adjusted PB Ratio of 0.75. The current Cyclically Adjusted PB Ratio is 0.75, which is near median its 10-year median of 0.70 and 63.9% below the Hardware industry median of 2.08. Tainet Communication System's overall GF Score™ is 51/100 with 10 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 Tainet Communication System (ROCO:4905), the current Cyclically Adjusted PB Ratio is 0.75 as of Sep. 05, 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.
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.
51GF Score
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