CTCI Advanced Systems (ROCO:5209) Cyclically Adjusted PB Ratio: 5.29 (As of Sep. 03, 2026) — 30% Above Median

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ROCO:5209 CTCI Advanced Systems Inc ROCO:5209
89 GF Score
Price NT$154.00
GF Value NT$132.87
Valuation Modestly Overvalued
! 5 Warning Signs
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What is CTCI Advanced Systems Cyclically Adjusted PB Ratio?

CTCI Advanced Systems ROCO:5209 -0.65% 89 Cyclically Adjusted PB Ratio is 5.29 as of Sep. 03, 2026, which is 30% above its 10-year median of 4.06. GuruFocus rates ROCO:5209 with a GF Score™ of 89/100 and a GF Value™ of NT$132.87 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,468 Software companies, CTCI Advanced Systems ranks worse than 76.7% on this metric.

As of today (2026-09-03), CTCI Advanced Systems's current share price is NT$154.00. CTCI Advanced Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$29.12. CTCI Advanced Systems's Cyclically Adjusted PB Ratio for today is 5.29.

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

ROCO:5209' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.78   Med: 4.06   Max: 8.26
Current: 5.37

During the past years, CTCI Advanced Systems's highest Cyclically Adjusted PB Ratio was 8.26. The lowest was 1.78. And the median was 4.06.

ROCO:5209's Cyclically Adjusted PB Ratio is ranked worse than
76.7% of 1468 companies
in the Software industry
Industry Median: 2.39 vs ROCO:5209: 5.37

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.

CTCI Advanced Systems's adjusted book value per share data for the three months ended in Jun. 2026 was NT$36.263. 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$29.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTCI Advanced Systems  (ROCO:5209) 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.


CTCI Advanced Systems Cyclically Adjusted PB Ratio Related Terms


CTCI Advanced Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CTCI Advanced Systems'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.

CTCI Advanced Systems Cyclically Adjusted PB Ratio Chart

CTCI Advanced Systems 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 2.85 3.10 6.49 6.43 5.96

CTCI Advanced Systems 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 3.98 5.64 5.96 5.73 5.84

ROCO:5209 vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, CTCI Advanced Systems'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.


CTCI Advanced Systems Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, CTCI Advanced Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CTCI Advanced Systems's Cyclically Adjusted PB Ratio falls into.


ROCO:5209
89GF Score
CTCI Advanced Systems Inc ROCO:5209
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTCI Advanced Systems 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.

CTCI Advanced Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=154.00/29.12
=5.29

* 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.

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

For example, CTCI Advanced Systems'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)
=36.263/333.9520*333.9520
=36.263

Current CPI (Jun. 2026) = 333.9520.

CTCI Advanced Systems Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.574 241.428 29.842
201612 22.087 241.432 30.551
201703 22.778 243.801 31.201
201706 21.258 244.955 28.981
201709 22.045 246.819 29.827
201712 22.771 246.524 30.847
201803 23.528 249.554 31.485
201806 21.612 251.989 28.642
201809 22.468 252.439 29.723
201812 22.962 251.233 30.522
201903 24.106 254.202 31.669
201906 22.536 256.143 29.382
201909 23.078 256.759 30.016
201912 39.673 256.974 51.557
202003 9.838 258.115 12.729
202006 8.769 257.797 11.359
202009 10.556 260.280 13.544
202012 18.589 260.474 23.833
202103 21.007 264.877 26.485
202106 18.666 271.696 22.943
202109 20.471 274.310 24.922
202112 25.330 278.802 30.341
202203 27.334 287.504 31.750
202206 18.884 296.311 21.283
202209 22.074 296.808 24.836
202212 25.139 296.797 28.286
202303 20.948 301.836 23.177
202306 24.405 305.109 26.712
202309 27.624 307.789 29.972
202312 32.062 306.746 34.906
202403 25.511 312.332 27.277
202406 29.150 314.175 30.985
202409 32.940 315.301 34.888
202412 35.124 315.605 37.166
202503 25.453 319.799 26.579
202506 30.135 322.561 31.199
202509 35.851 324.800 36.861
202512 39.832 324.054 41.049
202603 30.806 330.213 31.155
202606 36.263 333.952 36.263

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 5.29 mean?
CTCI Advanced Systems (ROCO:5209) has a Cyclically Adjusted PB Ratio of 5.29 as of Sep. 03, 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 CTCI Advanced Systems and its competitors. This is 30% above median its historical median of 4.06. Over the past decade, CTCI Advanced Systems' Cyclically Adjusted PB Ratio has ranged from 1.78 to 8.26. According to the industry distribution chart, CTCI Advanced Systems ranks #1126 out of 1468 companies in the Software industry, placing it in the top 76.7%.
Is CTCI Advanced Systems' Cyclically Adjusted PB Ratio too high?
CTCI Advanced Systems' current Cyclically Adjusted PB Ratio of 5.29 is 30% above median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 8.26. The Software industry median Cyclically Adjusted PB Ratio is 2.39. CTCI Advanced Systems' value of 5.29 is 121.3% above this industry median. Based on the distribution chart, CTCI Advanced Systems ranks #1126 out of 1468 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CTCI Advanced Systems has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTCI Advanced Systems' Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, CTCI Advanced Systems ranks #1126 out of 1468 companies for Cyclically Adjusted PB Ratio. This places CTCI Advanced Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.39. CTCI Advanced Systems' value of 5.29 is 121.3% above this benchmark. Historically, CTCI Advanced Systems' own Cyclically Adjusted PB Ratio has ranged from 1.78 to 8.26 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 2.39, CTCI Advanced Systems 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.39, based on 1,468 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. CTCI Advanced Systems's current Cyclically Adjusted PB Ratio of 5.29 is 121.3% 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 CTCI Advanced Systems and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTCI Advanced Systems's current Cyclically Adjusted PB Ratio is 5.29, which is 30% above median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTCI Advanced Systems stock overvalued right now?
Based on GuruFocus' analysis, CTCI Advanced Systems (ROCO:5209) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$132.87, compared to a current price of NT$154.00 — trading 15.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.29, which is 30% above median its 10-year median of 4.06 and 121.3% above the Software industry median of 2.39. CTCI Advanced Systems' overall GF Score™ is 89/100 with 5 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 CTCI Advanced Systems (ROCO:5209), the current Cyclically Adjusted PB Ratio is 5.29 as of Sep. 03, 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 CTCI Advanced Systems (ROCO:5209) Overvalued in 2026?

Based on GuruFocus' analysis, CTCI Advanced Systems stock appears to be overvalued. The current stock price of NT$154.00 is trading 15.9% above its estimated GF Value™ of NT$132.87. GuruFocus considers CTCI Advanced Systems to be Modestly Overvalued.

Key valuation signals for ROCO:5209:

  • Cyclically Adjusted PB Ratio: 5.29 (30% above median its 10-year median of 4.06)
  • GF Value™: NT$132.87 vs. price of NT$154.00 (15.9% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 121.3% above the Software median (#1126 of 1468)

No single metric tells the full story. See the ROCO:5209 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTCI Advanced Systems Business Description

Address 16, Fushan Road, 11 Floor, Beitou District, Taipei, TWN, 112037
CTCI Advanced Systems Inc provides engineering research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware within computers and control systems, import and sales of computers software, hardware, and instruments. It also provides information software, data processing, digital information development and application services, providing energy technology and internet identification services, providing automation control, traffic tracking, communication engineering, safety equipment, piping engineering, mechatronics service, and consulting of engineering and management.
89GF Score

Get the complete analysis for ROCO:5209

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

NT$154.00
Price
NT$132.87
GF Value