YUAN High-Tech Development Co (ROCO:5474) Cyclically Adjusted PB Ratio: 3.96 (As of Aug. 13, 2026) — Near Median

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ROCO:5474 YUAN High-Tech Development Co Ltd ROCO:5474
78 GF Score
Price NT$156.50
GF Value NT$174.66
Valuation Modestly Undervalued
! 4 Warning Signs
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What is YUAN High-Tech Development Co Cyclically Adjusted PB Ratio?

YUAN High-Tech Development Co ROCO:5474 +4.33% 78 Cyclically Adjusted PB Ratio is 3.96 as of Aug. 13, 2026, which is 9% below its 10-year median of 4.33. GuruFocus rates ROCO:5474 with a GF Score™ of 78/100 and a GF Value™ of NT$174.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,962 Hardware companies, YUAN High-Tech Development Co ranks worse than 70.03% on this metric.

As of today (2026-08-13), YUAN High-Tech Development Co's current share price is NT$156.50. YUAN High-Tech Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$39.51. YUAN High-Tech Development Co's Cyclically Adjusted PB Ratio for today is 3.96.

The historical rank and industry rank for YUAN High-Tech Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:5474' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.23   Med: 4.33   Max: 17.41
Current: 3.7

During the past years, YUAN High-Tech Development Co's highest Cyclically Adjusted PB Ratio was 17.41. The lowest was 2.23. And the median was 4.33.

ROCO:5474's Cyclically Adjusted PB Ratio is ranked worse than
70.03% of 1962 companies
in the Hardware industry
Industry Median: 2.085 vs ROCO:5474: 3.70

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.

YUAN High-Tech Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$47.358. 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$39.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


YUAN High-Tech Development Co  (ROCO:5474) 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.


YUAN High-Tech Development Co Cyclically Adjusted PB Ratio Related Terms


YUAN High-Tech Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for YUAN High-Tech Development Co'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.

YUAN High-Tech Development Co Cyclically Adjusted PB Ratio Chart

YUAN High-Tech Development Co 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 4.76 2.65 3.45 6.06 4.17

YUAN High-Tech Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.38 4.52 4.55 4.17 3.21

ROCO:5474 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, YUAN High-Tech Development 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.


YUAN High-Tech Development Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, YUAN High-Tech Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where YUAN High-Tech Development Co's Cyclically Adjusted PB Ratio falls into.


ROCO:5474
78GF Score
YUAN High-Tech Development Co Ltd ROCO:5474
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YUAN High-Tech Development 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.

YUAN High-Tech Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=156.50/39.51
=3.96

* 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.

YUAN High-Tech Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, YUAN High-Tech Development Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=47.358/330.2130*330.2130
=47.358

Current CPI (Mar. 2026) = 330.2130.

YUAN High-Tech Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.728 241.018 21.549
201609 16.974 241.428 23.216
201612 18.862 241.432 25.798
201703 19.331 243.801 26.183
201706 17.165 244.955 23.139
201709 18.158 246.819 24.293
201712 20.185 246.524 27.037
201803 21.289 249.554 28.170
201806 20.181 251.989 26.446
201809 22.067 252.439 28.866
201812 23.776 251.233 31.250
201903 24.992 254.202 32.465
201906 23.784 256.143 30.662
201909 25.165 256.759 32.364
201912 27.047 256.974 34.756
202003 27.735 258.115 35.482
202006 27.643 257.797 35.408
202009 33.735 260.280 42.799
202012 38.251 260.474 48.492
202103 40.224 264.877 50.146
202106 36.964 271.696 44.925
202109 38.716 274.310 46.606
202112 41.280 278.802 48.892
202203 38.284 287.504 43.971
202206 40.396 296.311 45.018
202209 41.996 296.808 46.723
202212 44.269 296.797 49.253
202303 41.425 301.836 45.320
202306 42.445 305.109 45.937
202309 44.113 307.789 47.327
202312 45.416 306.746 48.890
202403 43.290 312.332 45.768
202406 44.995 314.175 47.292
202409 46.906 315.301 49.124
202412 49.167 315.605 51.443
202503 46.205 319.799 47.710
202506 47.327 322.561 48.450
202509 49.300 324.800 50.122
202512 50.755 324.054 51.720
202603 47.358 330.213 47.358

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 3.96 mean?
YUAN High-Tech Development Co (ROCO:5474) has a Cyclically Adjusted PB Ratio of 3.96 as of Aug. 13, 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 YUAN High-Tech Development Co and its competitors. This is near median its historical median of 4.33. Over the past decade, YUAN High-Tech Development Co's Cyclically Adjusted PB Ratio has ranged from 2.23 to 17.41. According to the industry distribution chart, YUAN High-Tech Development Co ranks #1374 out of 1962 companies in the Hardware industry, placing it in the top 70%.
Is YUAN High-Tech Development Co's Cyclically Adjusted PB Ratio too high?
YUAN High-Tech Development Co's current Cyclically Adjusted PB Ratio of 3.96 is near median its 10-year median of 4.33. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 17.41. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. YUAN High-Tech Development Co's value of 3.96 is 89.9% above this industry median. Based on the distribution chart, YUAN High-Tech Development Co ranks #1374 out of 1962 companies in the Hardware industry, which is below the industry midpoint. Overall, YUAN High-Tech Development Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YUAN High-Tech Development Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, YUAN High-Tech Development Co ranks #1374 out of 1962 companies for Cyclically Adjusted PB Ratio. This places YUAN High-Tech Development Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. YUAN High-Tech Development Co's value of 3.96 is 89.9% above this benchmark. Historically, YUAN High-Tech Development Co's own Cyclically Adjusted PB Ratio has ranged from 2.23 to 17.41 over the past decade. While the company's 10-year median is 4.33 vs. the industry median of 2.09, YUAN High-Tech Development 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,962 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. YUAN High-Tech Development Co's current Cyclically Adjusted PB Ratio of 3.96 is 89.9% 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 YUAN High-Tech Development Co 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. YUAN High-Tech Development Co's current Cyclically Adjusted PB Ratio is 3.96, which is near median its own 10-year median of 4.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YUAN High-Tech Development Co stock overvalued right now?
Based on GuruFocus' analysis, YUAN High-Tech Development Co (ROCO:5474) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$174.66, compared to a current price of NT$156.50 — trading 10.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.96, which is near median its 10-year median of 4.33 and 89.9% above the Hardware industry median of 2.09. YUAN High-Tech Development Co's overall GF Score™ is 78/100 with 4 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 YUAN High-Tech Development Co (ROCO:5474), the current Cyclically Adjusted PB Ratio is 3.96 as of Aug. 13, 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 YUAN High-Tech Development Co (ROCO:5474) Overvalued in 2026?

Based on GuruFocus' analysis, YUAN High-Tech Development Co stock appears to be undervalued. The current stock price of NT$156.50 is trading 10.4% below its estimated GF Value™ of NT$174.66. GuruFocus considers YUAN High-Tech Development Co to be Modestly Undervalued.

Key valuation signals for ROCO:5474:

  • Cyclically Adjusted PB Ratio: 3.96 (near median its 10-year median of 4.33)
  • GF Value™: NT$174.66 vs. price of NT$156.50 (10.4% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 89.9% above the Hardware median (#1374 of 1962)

No single metric tells the full story. See the ROCO:5474 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YUAN High-Tech Development Co Business Description

Address Zhongxiao E. Road, No. 88, 18th Floor, Section 2, Zhongzheng District, Taipei, TWN, 100
YUAN High-Tech Development Co Ltd is mainly engaged in the manufacturing, processing, and trading of computer multimedia peripheral video converters and interface cards, electronic and computer parts, general import and export business of the aforementioned products, and the distribution and bidding business of the aforementioned products on behalf of domestic manufacturers. Geographically, the company generates maximum revenue from America, followed by Asia (excluding Taiwan), Taiwan, Europe, and other markets.
78GF Score

Get the complete analysis for ROCO:5474

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

NT$156.50
Price
NT$174.66
GF Value