Speed Tech (ROCO:5457) Cyclically Adjusted PB Ratio: 0.56 (As of Sep. 17, 2026) — 84% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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ROCO:5457 Speed Tech Corp ROCO:5457
70 GF Score
Price NT$24.45
GF Value NT$54.61
Valuation Possible Value Trap
! 8 Warning Signs
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What is Speed Tech Cyclically Adjusted PB Ratio?

Speed Tech ROCO:5457 +0.20% 70 Cyclically Adjusted PB Ratio is 0.56 as of Sep. 17, 2026, which is 84% below its 10-year median of 3.41. GuruFocus rates ROCO:5457 with a GF Score™ of 70/100 and a GF Value™ of NT$54.61 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,928 Hardware companies, Speed Tech ranks better than 66.39% on this metric.

As of today (2026-09-17), Speed Tech's current share price is NT$24.45. Speed Tech's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$43.34. Speed Tech's Cyclically Adjusted PB Ratio for today is 0.56.

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

ROCO:5457' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 3.41   Max: 11.22
Current: 1.17

During the past years, Speed Tech's highest Cyclically Adjusted PB Ratio was 11.22. The lowest was 1.17. And the median was 3.41.

ROCO:5457's Cyclically Adjusted PB Ratio is ranked better than
66.39% of 1928 companies
in the Hardware industry
Industry Median: 2.05 vs ROCO:5457: 1.17

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.

Speed Tech's adjusted book value per share data for the three months ended in Jun. 2026 was NT$61.331. 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$43.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Speed Tech  (ROCO:5457) 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.


Speed Tech Cyclically Adjusted PB Ratio Related Terms


Speed Tech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Speed Tech'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.

Speed Tech Cyclically Adjusted PB Ratio Chart

Speed Tech 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 4.15 1.88 1.87 1.56 0.95

Speed Tech 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 1.06 1.15 1.01 0.81 0.79

ROCO:5457 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Speed Tech'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.


Speed Tech Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:5457
70GF Score
Speed Tech Corp ROCO:5457
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Speed Tech 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.

Speed Tech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.45/43.34
=0.56

* 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.

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

For example, Speed Tech'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)
=61.331/333.9520*333.9520
=61.331

Current CPI (Jun. 2026) = 333.9520.

Speed Tech Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.676 241.428 17.534
201612 12.777 241.432 17.673
201703 12.382 243.801 16.961
201706 12.640 244.955 17.232
201709 12.968 246.819 17.546
201712 13.285 246.524 17.996
201803 13.074 249.554 17.496
201806 14.563 251.989 19.300
201809 15.389 252.439 20.358
201812 16.208 251.233 21.545
201903 16.642 254.202 21.863
201906 17.969 256.143 23.427
201909 19.745 256.759 25.681
201912 21.655 256.974 28.142
202003 23.106 258.115 29.895
202006 23.985 257.797 31.070
202009 27.241 260.280 34.952
202012 30.794 260.474 39.481
202103 33.478 264.877 42.208
202106 35.337 271.696 43.434
202109 44.109 274.310 53.699
202112 46.883 278.802 56.157
202203 50.003 287.504 58.081
202206 49.621 296.311 55.924
202209 54.285 296.808 61.078
202212 55.074 296.797 61.969
202303 54.114 301.836 59.872
202306 52.580 305.109 57.551
202309 56.968 307.789 61.810
202312 55.935 306.746 60.896
202403 58.883 312.332 62.959
202406 59.094 314.175 62.814
202409 62.504 315.301 66.201
202412 64.687 315.605 68.447
202503 67.472 319.799 70.458
202506 56.723 322.561 58.726
202509 61.720 324.800 63.459
202512 63.404 324.054 65.341
202603 62.311 330.213 63.017
202606 61.331 333.952 61.331

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 0.56 mean?
Speed Tech (ROCO:5457) has a Cyclically Adjusted PB Ratio of 0.56 as of Sep. 17, 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 Speed Tech and its competitors. This is 84% below median its historical median of 3.41. Over the past decade, Speed Tech's Cyclically Adjusted PB Ratio has ranged from 1.17 to 11.22. According to the industry distribution chart, Speed Tech ranks #648 out of 1928 companies in the Hardware industry, placing it in the top 33.6%.
Is Speed Tech's Cyclically Adjusted PB Ratio too high?
Speed Tech's current Cyclically Adjusted PB Ratio of 0.56 is 84% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 11.22. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. Speed Tech's value of 0.56 is 72.7% below this industry median. Based on the distribution chart, Speed Tech ranks #648 out of 1928 companies in the Hardware industry, which is above the industry midpoint. Overall, Speed Tech has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Speed Tech's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Speed Tech ranks #648 out of 1928 companies for Cyclically Adjusted PB Ratio. This puts Speed Tech in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. Speed Tech's value of 0.56 is 72.7% below this benchmark. Historically, Speed Tech's own Cyclically Adjusted PB Ratio has ranged from 1.17 to 11.22 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 2.05, Speed Tech 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 2.05, based on 1,928 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. Speed Tech's current Cyclically Adjusted PB Ratio of 0.56 is 72.7% 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 Speed Tech and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speed Tech's current Cyclically Adjusted PB Ratio is 0.56, which is 84% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speed Tech stock overvalued right now?
Based on GuruFocus' analysis, Speed Tech (ROCO:5457) is currently considered Possible Value Trap. The stock's GF Value™ is NT$54.61, compared to a current price of NT$24.45 — trading 55.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 84% below median its 10-year median of 3.41 and 72.7% below the Hardware industry median of 2.05. Speed Tech's overall GF Score™ is 70/100 with 8 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 Speed Tech (ROCO:5457), the current Cyclically Adjusted PB Ratio is 0.56 as of Sep. 17, 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 Speed Tech (ROCO:5457) Overvalued in 2026?

Based on GuruFocus' analysis, Speed Tech stock appears to be undervalued. The current stock price of NT$24.45 is trading 55.2% below its estimated GF Value™ of NT$54.61. GuruFocus considers Speed Tech to be Possible Value Trap.

Key valuation signals for ROCO:5457:

  • Cyclically Adjusted PB Ratio: 0.56 (84% below median its 10-year median of 3.41)
  • GF Value™: NT$54.61 vs. price of NT$24.45 (55.2% below fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 72.7% below the Hardware median (#648 of 1928)

No single metric tells the full story. See the ROCO:5457 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Speed Tech Business Description

Address Ming-Sheng North Road, No.568, Section 1, Nankan Village, Guishan District, Taoyuan City, TWN, 338
Speed Tech Corp mainly engage in the design, manufacture, and sale of various electronic connectors, related control buttons, key components, mechanical design, processing, manufacturing, and sale of various precision molds, jigs, plastic molding products, and other computer, electronic, and communication products. The Group's reporting segments Electronic Connectors segment mainly engages in the design, manufacture, and sale of computer, electronic, and communication connectors, as well as buttons; the Mold and Plastic Injection segment mainly engages in the design, manufacture, and sale of various precision molds, dies, and plastic molding products. The majority of revenue comes from Connector Department. It has presence in China and Hong Kong, Taiwan, South Asia, and Others.
70GF Score

Get the complete analysis for ROCO:5457

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

NT$24.45
Price
NT$54.61
GF Value