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ROCO:5210's Cyclically Adjusted PB Ratio is ranked worse than 52.75% of 1543
companies
in the Software industry
Industry Median: 2.34
vs ROCO:5210: 2.58
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.
Apex International Financial Engineering Res & Tec Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$10.004. 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$11.18 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Apex International Financial Engineering Res & Tec Co (ROCO:5210) 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.
Apex International Financial Engineering Res & Tec Co Cyclically Adjusted PB Ratio Related Terms
Apex International Financial Engineering Res & Tec Co 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.
Apex International Financial Engineering Res & Tec Co Cyclically Adjusted PB Ratio Chart
Apex International Financial Engineering Res & Tec Co Annual Data
ROCO:5210 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison
For the Software - Application subindustry, Apex International Financial Engineering Res & Tec 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.
Apex International Financial Engineering Res & Tec Co Cyclically Adjusted PB Ratio vs Software Industry
Apex International Financial Engineering Res & Tec 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.
* 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 2.60 mean?
Apex International Financial Engineering Res & Tec Co (ROCO:5210) has a Cyclically Adjusted PB Ratio of 2.60 as of Aug. 19, 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 Apex International Financial Engineering Res & Tec Co and its competitors. This is 54% above median its historical median of 1.69. Over the past decade, Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted PB Ratio has ranged from 0.38 to 5.44. According to the industry distribution chart, Apex International Financial Engineering Res & Tec Co ranks #814 out of 1543 companies in the Software industry, placing it in the top 52.8%.
Is Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted PB Ratio too high?
Apex International Financial Engineering Res & Tec Co's current Cyclically Adjusted PB Ratio of 2.60 is 54% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 5.44. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Apex International Financial Engineering Res & Tec Co's value of 2.60 is 11.1% above this industry median. Based on the distribution chart, Apex International Financial Engineering Res & Tec Co ranks #814 out of 1543 companies in the Software industry, which is below the industry midpoint. Overall, Apex International Financial Engineering Res & Tec Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Apex International Financial Engineering Res & Tec Co ranks #814 out of 1543 companies for Cyclically Adjusted PB Ratio. This places Apex International Financial Engineering Res & Tec Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. Apex International Financial Engineering Res & Tec Co's value of 2.60 is 11.1% above this benchmark. Historically, Apex International Financial Engineering Res & Tec Co's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 5.44 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 2.34, Apex International Financial Engineering Res & Tec 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,543 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. Apex International Financial Engineering Res & Tec Co's current Cyclically Adjusted PB Ratio of 2.60 is 11.1% 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 Apex International Financial Engineering Res & Tec Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex International Financial Engineering Res & Tec Co's current Cyclically Adjusted PB Ratio is 2.60, which is 54% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex International Financial Engineering Res & Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Apex International Financial Engineering Res & Tec Co (ROCO:5210) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$21.86, compared to a current price of NT$29.05 — trading 32.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.60, which is 54% above median its 10-year median of 1.69 and 11.1% above the Software industry median of 2.34. Apex International Financial Engineering Res & Tec Co's overall GF Score™ is 51/100 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 Apex International Financial Engineering Res & Tec Co (ROCO:5210), the current Cyclically Adjusted PB Ratio is 2.60 as of Aug. 19, 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 Apex International Financial Engineering Res & Tec Co (ROCO:5210) Overvalued in 2026?
Based on GuruFocus' analysis, Apex International Financial Engineering Res & Tec Co stock appears to be overvalued.
The current stock price of NT$29.05 is trading 32.9% above its estimated GF Value™ of NT$21.86.
GuruFocus considers Apex International Financial Engineering Res & Tec Co to be Significantly Overvalued.
Key valuation signals for ROCO:5210:
Cyclically Adjusted PB Ratio: 2.60 (54% above median its 10-year median of 1.69)
GF Value™: NT$21.86 vs. price of NT$29.05 (32.9% above fair value)
Industry Position: 11.1% above the Software median (#814 of 1543)
No single metric tells the full story. See the ROCO:5210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex International Financial Engineering Res & Tec Co Ltd is engaged in information software services, electronic information services, system integration services, and solar power engineering contracts. Its segment are: Information Services Department, engaged in the planning, construction, sales, and maintenance of financial information products, information conference systems, financial laboratories for the school education market, and systems related to financial commodity trading platforms. It operates in Taiwan, which generates maximum revenue, and Asia.
51GF Score
Get the complete analysis for ROCO:5210
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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