San Lien Technology (ROCO:5493) Cyclically Adjusted PB Ratio: 2.38 (As of Sep. 02, 2026) — 30% Above Median

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ROCO:5493 San Lien Technology Corp ROCO:5493
88 GF Score
Price NT$86.00
GF Value NT$99.36
Valuation Modestly Undervalued
! 5 Warning Signs
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What is San Lien Technology Cyclically Adjusted PB Ratio?

San Lien Technology ROCO:5493 -0.92% 88 Cyclically Adjusted PB Ratio is 2.38 as of Sep. 02, 2026, which is 30% above its 10-year median of 1.83. GuruFocus rates ROCO:5493 with a GF Score™ of 88/100 and a GF Value™ of NT$99.36 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,928 Hardware companies, San Lien Technology ranks worse than 55.55% on this metric.

As of today (2026-09-02), San Lien Technology's current share price is NT$86.00. San Lien Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$36.18. San Lien Technology's Cyclically Adjusted PB Ratio for today is 2.38.

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

ROCO:5493' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 1.83   Max: 3.6
Current: 2.45

During the past years, San Lien Technology's highest Cyclically Adjusted PB Ratio was 3.60. The lowest was 1.43. And the median was 1.83.

ROCO:5493's Cyclically Adjusted PB Ratio is ranked worse than
55.55% of 1928 companies
in the Hardware industry
Industry Median: 2.08 vs ROCO:5493: 2.45

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.

San Lien Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$42.086. 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$36.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


San Lien Technology  (ROCO:5493) 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.


San Lien Technology Cyclically Adjusted PB Ratio Related Terms


San Lien Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for San Lien Technology'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.

San Lien Technology Cyclically Adjusted PB Ratio Chart

San Lien Technology 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 1.62 1.70 1.71 2.29 2.56

San Lien Technology 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 2.34 2.07 2.28 2.56 2.13

ROCO:5493 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, San Lien Technology'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.


San Lien Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:5493
88GF Score
San Lien Technology Corp ROCO:5493
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San Lien Technology 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.

San Lien Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=86.00/36.18
=2.38

* 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.

San Lien Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, San Lien Technology'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)
=42.086/330.2130*330.2130
=42.086

Current CPI (Mar. 2026) = 330.2130.

San Lien Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.111 241.018 27.554
201609 20.928 241.428 28.624
201612 21.682 241.432 29.655
201703 21.766 243.801 29.481
201706 20.234 244.955 27.277
201709 20.905 246.819 27.968
201712 21.425 246.524 28.698
201803 25.071 249.554 33.174
201806 24.117 251.989 31.604
201809 25.461 252.439 33.305
201812 26.519 251.233 34.856
201903 28.164 254.202 36.586
201906 26.456 256.143 34.106
201909 26.867 256.759 34.553
201912 29.084 256.974 37.373
202003 23.255 258.115 29.751
202006 26.929 257.797 34.493
202009 29.563 260.280 37.506
202012 31.047 260.474 39.359
202103 29.933 264.877 37.316
202106 30.108 271.696 36.593
202109 30.832 274.310 37.115
202112 32.826 278.802 38.879
202203 30.157 287.504 34.637
202206 30.107 296.311 33.552
202209 31.437 296.808 34.975
202212 31.514 296.797 35.062
202303 30.652 301.836 33.534
202306 32.150 305.109 34.795
202309 34.557 307.789 37.075
202312 37.815 306.746 40.708
202403 37.379 312.332 39.519
202406 42.636 314.175 44.812
202409 42.684 315.301 44.703
202412 45.573 315.605 47.682
202503 43.142 319.799 44.547
202506 40.185 322.561 41.138
202509 44.497 324.800 45.239
202512 46.530 324.054 47.414
202603 42.086 330.213 42.086

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 2.38 mean?
San Lien Technology (ROCO:5493) has a Cyclically Adjusted PB Ratio of 2.38 as of Sep. 02, 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 San Lien Technology and its competitors. This is 30% above median its historical median of 1.83. Over the past decade, San Lien Technology's Cyclically Adjusted PB Ratio has ranged from 1.43 to 3.60. According to the industry distribution chart, San Lien Technology ranks #1071 out of 1928 companies in the Hardware industry, placing it in the top 55.5%.
Is San Lien Technology's Cyclically Adjusted PB Ratio too high?
San Lien Technology's current Cyclically Adjusted PB Ratio of 2.38 is 30% above median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.60. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. San Lien Technology's value of 2.38 is 14.4% above this industry median. Based on the distribution chart, San Lien Technology ranks #1071 out of 1928 companies in the Hardware industry, which is below the industry midpoint. Overall, San Lien Technology has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Lien Technology's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, San Lien Technology ranks #1071 out of 1928 companies for Cyclically Adjusted PB Ratio. This places San Lien Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. San Lien Technology's value of 2.38 is 14.4% above this benchmark. Historically, San Lien Technology's own Cyclically Adjusted PB Ratio has ranged from 1.43 to 3.60 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 2.08, San Lien Technology 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 2.08, 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. San Lien Technology's current Cyclically Adjusted PB Ratio of 2.38 is 14.4% 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 San Lien Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Lien Technology's current Cyclically Adjusted PB Ratio is 2.38, which is 30% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Lien Technology stock overvalued right now?
Based on GuruFocus' analysis, San Lien Technology (ROCO:5493) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$99.36, compared to a current price of NT$86.00 — trading 13.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.38, which is 30% above median its 10-year median of 1.83 and 14.4% above the Hardware industry median of 2.08. San Lien Technology's overall GF Score™ is 88/100 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 San Lien Technology (ROCO:5493), the current Cyclically Adjusted PB Ratio is 2.38 as of Sep. 02, 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 San Lien Technology (ROCO:5493) Overvalued in 2026?

Based on GuruFocus' analysis, San Lien Technology stock appears to be undervalued. The current stock price of NT$86.00 is trading 13.4% below its estimated GF Value™ of NT$99.36. GuruFocus considers San Lien Technology to be Modestly Undervalued.

Key valuation signals for ROCO:5493:

  • Cyclically Adjusted PB Ratio: 2.38 (30% above median its 10-year median of 1.83)
  • GF Value™: NT$99.36 vs. price of NT$86.00 (13.4% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 14.4% above the Hardware median (#1071 of 1928)

No single metric tells the full story. See the ROCO:5493 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


San Lien Technology Business Description

Address 5th Floor-3 , 390 Fu-Hsing S. Road, Section 1, Da-An District, Taipei, TWN, 106470
San Lien Technology Corp is engaged in the design, manufacturing, sales and system syndication of factory automation machinery and environmental protection facilities; system syndication of remote sensing, power monitoring, ocean monitoring, meteorological observation and navigation system; semiconductor equipment of plant; installation and sales of civil engineering safety monitoring technology service and geotechnical engineering safety monitoring technology service and other. The Groups reportable segment are Automatic monitoring business, Electronic material business, Sensing and equipment business overseas and Other. Majority of revenue is generated from the Automatic monitoring business segment. Geographically, it operates in Taiwan, Asia, and Others.
88GF Score

Get the complete analysis for ROCO:5493

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

NT$86.00
Price
NT$99.36
GF Value