Litemax Electronics (ROCO:4995) Cyclically Adjusted PB Ratio: 2.10 (As of Aug. 20, 2026) — Near Median

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ROCO:4995 Litemax Electronics Inc ROCO:4995
81 GF Score
Price NT$49.10
GF Value NT$52.32
Valuation Fairly Valued
! 6 Warning Signs
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What is Litemax Electronics Cyclically Adjusted PB Ratio?

Litemax Electronics ROCO:4995 81 Cyclically Adjusted PB Ratio is 2.10 as of Aug. 20, 2026, which is 5% below its 10-year median of 2.21. GuruFocus rates ROCO:4995 with a GF Score™ of 81/100 and a GF Value™ of NT$52.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,953 Hardware companies, Litemax Electronics ranks worse than 50.44% on this metric.

As of today (2026-08-20), Litemax Electronics's current share price is NT$49.10. Litemax Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$23.42. Litemax Electronics's Cyclically Adjusted PB Ratio for today is 2.10.

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

ROCO:4995' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.21   Max: 3.94
Current: 2.1

During the past years, Litemax Electronics's highest Cyclically Adjusted PB Ratio was 3.94. The lowest was 1.70. And the median was 2.21.

ROCO:4995's Cyclically Adjusted PB Ratio is ranked worse than
50.44% of 1953 companies
in the Hardware industry
Industry Median: 2.09 vs ROCO:4995: 2.10

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.

Litemax Electronics's adjusted book value per share data for the three months ended in Jun. 2026 was NT$22.243. 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$23.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Litemax Electronics  (ROCO:4995) 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.


Litemax Electronics Cyclically Adjusted PB Ratio Related Terms


Litemax Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Litemax Electronics'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.

Litemax Electronics Cyclically Adjusted PB Ratio Chart

Litemax Electronics 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 2.02 1.89 2.25 3.02 1.80

Litemax Electronics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.22 2.02 1.80 1.75 1.91

ROCO:4995 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Litemax Electronics'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.


Litemax Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:4995
81GF Score
Litemax Electronics Inc ROCO:4995
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Litemax Electronics 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.

Litemax Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.10/23.42
=2.10

* 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.

Litemax Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Litemax Electronics's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.243/333.9520*333.9520
=22.243

Current CPI (Jun. 2026) = 333.9520.

Litemax Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.566 241.428 20.148
201612 14.968 241.432 20.704
201703 15.525 243.801 21.266
201706 14.772 244.955 20.139
201709 15.645 246.819 21.168
201712 16.176 246.524 21.913
201803 18.786 249.554 25.139
201806 15.890 251.989 21.058
201809 16.432 252.439 21.738
201812 21.660 251.233 28.792
201903 20.420 254.202 26.826
201906 19.176 256.143 25.001
201909 20.211 256.759 26.287
201912 21.471 256.974 27.903
202003 22.058 258.115 28.539
202006 18.876 257.797 24.452
202009 19.086 260.280 24.488
202012 19.388 260.474 24.857
202103 19.640 264.877 24.762
202106 18.306 271.696 22.501
202109 19.020 274.310 23.155
202112 20.294 278.802 24.308
202203 18.886 287.504 21.937
202206 20.352 296.311 22.937
202209 21.811 296.808 24.541
202212 22.906 296.797 25.774
202303 19.472 301.836 21.544
202306 20.305 305.109 22.225
202309 21.426 307.789 23.247
202312 22.390 306.746 24.376
202403 20.234 312.332 21.635
202406 21.663 314.175 23.027
202409 22.988 315.301 24.348
202412 23.860 315.605 25.247
202503 20.458 319.799 21.363
202506 20.343 322.561 21.061
202509 20.952 324.800 21.542
202512 22.294 324.054 22.975
202603 21.480 330.213 21.723
202606 22.243 333.952 22.243

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 2.10 mean?
Litemax Electronics (ROCO:4995) has a Cyclically Adjusted PB Ratio of 2.10 as of Aug. 20, 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 Litemax Electronics and its competitors. This is near median its historical median of 2.21. Over the past decade, Litemax Electronics' Cyclically Adjusted PB Ratio has ranged from 1.70 to 3.94. According to the industry distribution chart, Litemax Electronics ranks #985 out of 1953 companies in the Hardware industry, placing it in the top 50.4%.
Is Litemax Electronics' Cyclically Adjusted PB Ratio too high?
Litemax Electronics' current Cyclically Adjusted PB Ratio of 2.10 is near median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 3.94. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Litemax Electronics' value of 2.10 is 0.5% above this industry median. Based on the distribution chart, Litemax Electronics ranks #985 out of 1953 companies in the Hardware industry, which is below the industry midpoint. Overall, Litemax Electronics has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litemax Electronics' Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Litemax Electronics ranks #985 out of 1953 companies for Cyclically Adjusted PB Ratio. This places Litemax Electronics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Litemax Electronics' value of 2.10 is 0.5% above this benchmark. Historically, Litemax Electronics' own Cyclically Adjusted PB Ratio has ranged from 1.70 to 3.94 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 2.09, Litemax Electronics 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 2.09, based on 1,953 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. Litemax Electronics's current Cyclically Adjusted PB Ratio of 2.10 is 0.5% 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 Litemax Electronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litemax Electronics's current Cyclically Adjusted PB Ratio is 2.10, which is near median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litemax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Litemax Electronics (ROCO:4995) is currently considered Fairly Valued. The stock's GF Value™ is NT$52.32, compared to a current price of NT$49.10 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.10, which is near median its 10-year median of 2.21 and 0.5% above the Hardware industry median of 2.09. Litemax Electronics' overall GF Score™ is 81/100 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 Litemax Electronics (ROCO:4995), the current Cyclically Adjusted PB Ratio is 2.10 as of Aug. 20, 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 Litemax Electronics (ROCO:4995) Overvalued in 2026?

Based on GuruFocus' analysis, Litemax Electronics stock appears to be undervalued. The current stock price of NT$49.10 is trading 6.2% below its estimated GF Value™ of NT$52.32. GuruFocus considers Litemax Electronics to be Fairly Valued.

Key valuation signals for ROCO:4995:

  • Cyclically Adjusted PB Ratio: 2.10 (near median its 10-year median of 2.21)
  • GF Value™: NT$52.32 vs. price of NT$49.10 (6.2% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 0.5% above the Hardware median (#985 of 1953)

No single metric tells the full story. See the ROCO:4995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Litemax Electronics Business Description

Address No. 137, Lane 235, Baoqiao Road, 8th Floor, Xindian District, New Taipei, TWN, 23145
Litemax Electronics Inc is engaged in research, development, manufacturing and selling high-brightness LCD panels and LCD monitors. The company's products are used in marine; gaming; military and defence; industrial; transportation; digital signage, heavy duty, and other markets. Some of its products include Spanpixel - Resizing LCDs, Durapixel - Sunlight readable LCDs, Navpixel - Marine Computing, Embedded Motherboards, Waterproof Panel PCs, Intel Smart Display Module Panel PC, HDMI Daisy Chain Board, and others. Geographically, it derives a majority of its revenue from America and also has a presence in Asia and Europe.
81GF Score

Get the complete analysis for ROCO:4995

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

NT$49.10
Price
NT$52.32
GF Value