Coretronic (ROCO:5371) Cyclically Adjusted PB Ratio: 1.28 (As of Aug. 22, 2026) — 19% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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ROCO:5371 Coretronic Corp ROCO:5371
66 GF Score
Price NT$83.50
GF Value NT$79.79
Valuation Fairly Valued
! 9 Warning Signs
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What is Coretronic Cyclically Adjusted PB Ratio?

Coretronic ROCO:5371 -0.95% 66 Cyclically Adjusted PB Ratio is 1.28 as of Aug. 22, 2026, which is 19% above its 10-year median of 1.08. GuruFocus rates ROCO:5371 with a GF Score™ of 66/100 and a GF Value™ of NT$79.79 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,951 Hardware companies, Coretronic ranks better than 63.51% on this metric.

As of today (2026-08-22), Coretronic's current share price is NT$83.50. Coretronic's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$65.14. Coretronic's Cyclically Adjusted PB Ratio for today is 1.28.

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

ROCO:5371' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.08   Max: 1.98
Current: 1.29

During the past years, Coretronic's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.54. And the median was 1.08.

ROCO:5371's Cyclically Adjusted PB Ratio is ranked better than
63.51% of 1951 companies
in the Hardware industry
Industry Median: 2.07 vs ROCO:5371: 1.29

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.

Coretronic's adjusted book value per share data for the three months ended in Jun. 2026 was NT$83.516. 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$65.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coretronic  (ROCO:5371) 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.


Coretronic Cyclically Adjusted PB Ratio Related Terms


Coretronic Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Coretronic'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.

Coretronic Cyclically Adjusted PB Ratio Chart

Coretronic 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 1.63 0.95 1.16 1.49 1.36

Coretronic 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 0.86 1.72 1.36 1.14 1.33

ROCO:5371 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Coretronic'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.


Coretronic Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:5371
66GF Score
Coretronic Corp ROCO:5371
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coretronic 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.

Coretronic's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.50/65.14
=1.28

* 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.

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

For example, Coretronic'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)
=83.516/333.9520*333.9520
=83.516

Current CPI (Jun. 2026) = 333.9520.

Coretronic Quarterly Data

Book Value per Share CPI Adj_Book
201609 48.586 241.428 67.206
201612 49.797 241.432 68.880
201703 47.961 243.801 65.696
201706 45.965 244.955 62.665
201709 47.739 246.819 64.592
201712 49.565 246.524 67.143
201803 50.866 249.554 68.069
201806 49.143 251.989 65.127
201809 49.357 252.439 65.294
201812 51.114 251.233 67.943
201903 52.626 254.202 69.136
201906 49.385 256.143 64.387
201909 49.263 256.759 64.074
201912 49.222 256.974 63.967
202003 46.788 258.115 60.535
202006 47.289 257.797 61.258
202009 50.086 260.280 64.263
202012 52.703 260.474 67.570
202103 49.857 264.877 62.859
202106 50.905 271.696 62.569
202109 53.503 274.310 65.136
202112 56.658 278.802 67.866
202203 55.777 287.504 64.788
202206 55.050 296.311 62.043
202209 57.627 296.808 64.839
202212 58.135 296.797 65.413
202303 56.232 301.836 62.215
202306 56.628 305.109 61.981
202309 61.282 307.789 66.491
202312 60.065 306.746 65.392
202403 60.082 312.332 64.241
202406 62.195 314.175 66.110
202409 62.611 315.301 66.315
202412 62.399 315.605 66.026
202503 61.534 319.799 64.257
202506 52.737 322.561 54.599
202509 56.537 324.800 58.130
202512 62.723 324.054 64.639
202603 67.542 330.213 68.307
202606 83.516 333.952 83.516

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 1.28 mean?
Coretronic (ROCO:5371) has a Cyclically Adjusted PB Ratio of 1.28 as of Aug. 22, 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 Coretronic and its competitors. This is 19% above median its historical median of 1.08. Over the past decade, Coretronic's Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.98. According to the industry distribution chart, Coretronic ranks #712 out of 1951 companies in the Hardware industry, placing it in the top 36.5%.
Is Coretronic's Cyclically Adjusted PB Ratio too high?
Coretronic's current Cyclically Adjusted PB Ratio of 1.28 is 19% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.98. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Coretronic's value of 1.28 is 38.2% below this industry median. Based on the distribution chart, Coretronic ranks #712 out of 1951 companies in the Hardware industry, which is above the industry midpoint. Overall, Coretronic has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coretronic's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Coretronic ranks #712 out of 1951 companies for Cyclically Adjusted PB Ratio. This puts Coretronic in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Coretronic's value of 1.28 is 38.2% below this benchmark. Historically, Coretronic's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.98 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.07, Coretronic 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 2.07, based on 1,951 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. Coretronic's current Cyclically Adjusted PB Ratio of 1.28 is 38.2% 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 Coretronic and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coretronic's current Cyclically Adjusted PB Ratio is 1.28, which is 19% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coretronic stock overvalued right now?
Based on GuruFocus' analysis, Coretronic (ROCO:5371) is currently considered Fairly Valued. The stock's GF Value™ is NT$79.79, compared to a current price of NT$83.50 — trading 4.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.28, which is 19% above median its 10-year median of 1.08 and 38.2% below the Hardware industry median of 2.07. Coretronic's overall GF Score™ is 66/100 with 9 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 Coretronic (ROCO:5371), the current Cyclically Adjusted PB Ratio is 1.28 as of Aug. 22, 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 Coretronic (ROCO:5371) Overvalued in 2026?

Based on GuruFocus' analysis, Coretronic stock appears to be overvalued. The current stock price of NT$83.50 is trading 4.6% above its estimated GF Value™ of NT$79.79. GuruFocus considers Coretronic to be Fairly Valued.

Key valuation signals for ROCO:5371:

  • Cyclically Adjusted PB Ratio: 1.28 (19% above median its 10-year median of 1.08)
  • GF Value™: NT$79.79 vs. price of NT$83.50 (4.6% above fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 38.2% below the Hardware median (#712 of 1951)

No single metric tells the full story. See the ROCO:5371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coretronic Business Description

Address No. 11, Li Hsing Road, East District, Hsinchu, TWN, 300
Coretronic Corp is engaged in the research and development, production, manufacturing and marketing of projectors, backlight, and FPD-related products. Its segments include energy-saving products, image products & brands, and optical components. The company's geographical segments are Mainland China (including Hong Kong), Taiwan, the United States, Japan, South Korea, the United Kingdom, and Others.
66GF Score

Get the complete analysis for ROCO:5371

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

NT$83.50
Price
NT$79.79
GF Value