Wanshih Electronics Co (ROCO:6134) Cyclically Adjusted PB Ratio: 2.20 (As of Aug. 24, 2026) — 29% Above Median

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ROCO:6134 Wanshih Electronics Co Ltd ROCO:6134
70 GF Score
Price NT$28.05
GF Value NT$36.20
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wanshih Electronics Co Cyclically Adjusted PB Ratio?

Wanshih Electronics Co ROCO:6134 +0.90% 70 Cyclically Adjusted PB Ratio is 2.20 as of Aug. 24, 2026, which is 29% above its 10-year median of 1.70. GuruFocus rates ROCO:6134 with a GF Score™ of 70/100 and a GF Value™ of NT$36.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,943 Hardware companies, Wanshih Electronics Co ranks worse than 51.98% on this metric.

As of today (2026-08-24), Wanshih Electronics Co's current share price is NT$28.05. Wanshih Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$12.77. Wanshih Electronics Co's Cyclically Adjusted PB Ratio for today is 2.20.

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

ROCO:6134' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.7   Max: 3.45
Current: 2.18

During the past years, Wanshih Electronics Co's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 0.48. And the median was 1.70.

ROCO:6134's Cyclically Adjusted PB Ratio is ranked worse than
51.98% of 1943 companies
in the Hardware industry
Industry Median: 2.03 vs ROCO:6134: 2.18

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.

Wanshih Electronics Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$14.936. 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$12.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wanshih Electronics Co  (ROCO:6134) 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.


Wanshih Electronics Co Cyclically Adjusted PB Ratio Related Terms


Wanshih Electronics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wanshih Electronics 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.

Wanshih Electronics Co Cyclically Adjusted PB Ratio Chart

Wanshih Electronics 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 2.59 1.68 1.61 2.39 2.18

Wanshih Electronics Co 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 1.59 1.94 2.18 2.25 2.83

ROCO:6134 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Wanshih Electronics 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.


Wanshih Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6134
70GF Score
Wanshih Electronics Co Ltd ROCO:6134
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wanshih Electronics 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.

Wanshih Electronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.05/12.77
=2.20

* 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.

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

For example, Wanshih Electronics Co'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)
=14.936/333.9520*333.9520
=14.936

Current CPI (Jun. 2026) = 333.9520.

Wanshih Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.408 241.428 13.013
201612 9.498 241.432 13.138
201703 9.478 243.801 12.983
201706 9.898 244.955 13.494
201709 10.244 246.819 13.860
201712 10.297 246.524 13.949
201803 10.096 249.554 13.510
201806 10.161 251.989 13.466
201809 10.333 252.439 13.670
201812 10.173 251.233 13.522
201903 10.104 254.202 13.274
201906 10.263 256.143 13.381
201909 9.984 256.759 12.986
201912 9.797 256.974 12.732
202003 9.117 258.115 11.796
202006 9.230 257.797 11.957
202009 9.756 260.280 12.517
202012 10.248 260.474 13.139
202103 10.471 264.877 13.202
202106 11.171 271.696 13.731
202109 10.572 274.310 12.871
202112 12.303 278.802 14.737
202203 11.913 287.504 13.838
202206 11.015 296.311 12.414
202209 11.261 296.808 12.670
202212 10.228 296.797 11.508
202303 10.580 301.836 11.706
202306 10.906 305.109 11.937
202309 10.776 307.789 11.692
202312 10.026 306.746 10.915
202403 10.229 312.332 10.937
202406 10.863 314.175 11.547
202409 10.933 315.301 11.580
202412 11.686 315.605 12.365
202503 11.739 319.799 12.259
202506 11.030 322.561 11.420
202509 11.847 324.800 12.181
202512 12.307 324.054 12.683
202603 13.133 330.213 13.282
202606 14.936 333.952 14.936

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 2.20 mean?
Wanshih Electronics Co (ROCO:6134) has a Cyclically Adjusted PB Ratio of 2.20 as of Aug. 24, 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 Wanshih Electronics Co and its competitors. This is 29% above median its historical median of 1.70. Over the past decade, Wanshih Electronics Co's Cyclically Adjusted PB Ratio has ranged from 0.48 to 3.45. According to the industry distribution chart, Wanshih Electronics Co ranks #1010 out of 1943 companies in the Hardware industry, placing it in the top 52%.
Is Wanshih Electronics Co's Cyclically Adjusted PB Ratio too high?
Wanshih Electronics Co's current Cyclically Adjusted PB Ratio of 2.20 is 29% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.45. The Hardware industry median Cyclically Adjusted PB Ratio is 2.03. Wanshih Electronics Co's value of 2.20 is 8.4% above this industry median. Based on the distribution chart, Wanshih Electronics Co ranks #1010 out of 1943 companies in the Hardware industry, which is below the industry midpoint. Overall, Wanshih Electronics Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wanshih Electronics Co's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Wanshih Electronics Co ranks #1010 out of 1943 companies for Cyclically Adjusted PB Ratio. This places Wanshih Electronics Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.03. Wanshih Electronics Co's value of 2.20 is 8.4% above this benchmark. Historically, Wanshih Electronics Co's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 3.45 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 2.03, Wanshih Electronics 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 2.03, based on 1,943 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. Wanshih Electronics Co's current Cyclically Adjusted PB Ratio of 2.20 is 8.4% 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 Wanshih Electronics Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wanshih Electronics Co's current Cyclically Adjusted PB Ratio is 2.20, which is 29% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wanshih Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Wanshih Electronics Co (ROCO:6134) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$36.20, compared to a current price of NT$28.05 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.20, which is 29% above median its 10-year median of 1.70 and 8.4% above the Hardware industry median of 2.03. Wanshih Electronics Co's overall GF Score™ is 70/100 with 3 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 Wanshih Electronics Co (ROCO:6134), the current Cyclically Adjusted PB Ratio is 2.20 as of Aug. 24, 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 Wanshih Electronics Co (ROCO:6134) Overvalued in 2026?

Based on GuruFocus' analysis, Wanshih Electronics Co stock appears to be undervalued. The current stock price of NT$28.05 is trading 22.5% below its estimated GF Value™ of NT$36.20. GuruFocus considers Wanshih Electronics Co to be Modestly Undervalued.

Key valuation signals for ROCO:6134:

  • Cyclically Adjusted PB Ratio: 2.20 (29% above median its 10-year median of 1.70)
  • GF Value™: NT$36.20 vs. price of NT$28.05 (22.5% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 8.4% above the Hardware median (#1010 of 1943)

No single metric tells the full story. See the ROCO:6134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wanshih Electronics Co Business Description

Address Wugong 6th Road, No. 72, 3rd - 4th Floor, New Taipei Industrial Park, Wugu District, New Taipei City, TWN, 248021
Wanshih Electronics Co Ltd is mainly engaged in the sales of electronic components, computer and peripheral products, and the production and sale of mini coaxial cables. The Group operates in three segments, which are Wire Harness Division, Suzhou Wanshih, and Others. Its Wire Harness Division mainly manufactures wire harnesses and external cables for electronic products, medical cables, and automobile cables. The Suzhou Wanshih segment, which generates maximum revenue, is engaged in the manufacturing and selling of mini coaxial cable (main products are antenna, medical cable, automotive cable, electronic wire harness, and external cable, as well as SMT module). Geographically, the Group generates maximum revenue from China, and the rest from Taiwan, the USA, Japan, and other markets.
70GF Score

Get the complete analysis for ROCO:6134

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

NT$28.05
Price
NT$36.20
GF Value