Netronix (ROCO:6143) Cyclically Adjusted PB Ratio: 2.67 (As of Sep. 02, 2026) — Near Median

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ROCO:6143 Netronix Inc ROCO:6143
83 GF Score
Price NT$88.50
GF Value NT$140.87
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Netronix Cyclically Adjusted PB Ratio?

Netronix ROCO:6143 -0.11% 83 Cyclically Adjusted PB Ratio is 2.67 as of Sep. 02, 2026, which is 7% above its 10-year median of 2.49. GuruFocus rates ROCO:6143 with a GF Score™ of 83/100 and a GF Value™ of NT$140.87 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,928 Hardware companies, Netronix ranks worse than 59.54% on this metric.

As of today (2026-09-02), Netronix's current share price is NT$88.50. Netronix's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$33.11. Netronix's Cyclically Adjusted PB Ratio for today is 2.67.

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

ROCO:6143' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.49   Max: 4.86
Current: 2.7

During the past years, Netronix's highest Cyclically Adjusted PB Ratio was 4.86. The lowest was 1.04. And the median was 2.49.

ROCO:6143's Cyclically Adjusted PB Ratio is ranked worse than
59.54% of 1928 companies
in the Hardware industry
Industry Median: 2.08 vs ROCO:6143: 2.70

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.

Netronix's adjusted book value per share data for the three months ended in Jun. 2026 was NT$32.883. 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$33.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netronix  (ROCO:6143) 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.


Netronix Cyclically Adjusted PB Ratio Related Terms


Netronix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Netronix'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.

Netronix Cyclically Adjusted PB Ratio Chart

Netronix 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 2.04 2.14 2.94 3.75 3.77

Netronix 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 3.50 4.47 3.77 2.90 2.84

ROCO:6143 vs CSCO, MSI, LITE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Netronix'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.


Netronix Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6143
83GF Score
Netronix Inc ROCO:6143
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netronix 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.50/33.11
=2.67

* 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.

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

For example, Netronix'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)
=32.883/333.9520*333.9520
=32.883

Current CPI (Jun. 2026) = 333.9520.

Netronix Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.846 241.428 32.985
201612 27.919 241.432 38.618
201703 24.422 243.801 33.453
201706 22.899 244.955 31.219
201709 23.290 246.819 31.512
201712 23.750 246.524 32.173
201803 23.208 249.554 31.057
201806 24.725 251.989 32.767
201809 25.716 252.439 34.020
201812 26.781 251.233 35.599
201903 27.403 254.202 36.000
201906 23.868 256.143 31.118
201909 24.043 256.759 31.271
201912 25.079 256.974 32.592
202003 24.769 258.115 32.046
202006 23.010 257.797 29.807
202009 23.761 260.280 30.487
202012 24.821 260.474 31.823
202103 25.801 264.877 32.529
202106 24.097 271.696 29.619
202109 24.312 274.310 29.598
202112 25.930 278.802 31.059
202203 27.870 287.504 32.373
202206 26.504 296.311 29.871
202209 29.159 296.808 32.808
202212 31.943 296.797 35.942
202303 32.785 301.836 36.273
202306 30.410 305.109 33.285
202309 32.416 307.789 35.171
202312 32.971 306.746 35.895
202403 30.738 312.332 32.866
202406 32.859 314.175 34.927
202409 34.127 315.301 36.146
202412 36.502 315.605 38.624
202503 30.750 319.799 32.111
202506 30.659 322.561 31.742
202509 32.859 324.800 33.785
202512 35.750 324.054 36.842
202603 31.259 330.213 31.613
202606 32.883 333.952 32.883

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 2.67 mean?
Netronix (ROCO:6143) has a Cyclically Adjusted PB Ratio of 2.67 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 Netronix and its competitors. This is near median its historical median of 2.49. Over the past decade, Netronix's Cyclically Adjusted PB Ratio has ranged from 1.04 to 4.86. According to the industry distribution chart, Netronix ranks #1148 out of 1928 companies in the Hardware industry, placing it in the top 59.5%.
Is Netronix's Cyclically Adjusted PB Ratio too high?
Netronix's current Cyclically Adjusted PB Ratio of 2.67 is near median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 4.86. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Netronix's value of 2.67 is 28.4% above this industry median. Based on the distribution chart, Netronix ranks #1148 out of 1928 companies in the Hardware industry, which is below the industry midpoint. Overall, Netronix has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netronix's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Netronix ranks #1148 out of 1928 companies for Cyclically Adjusted PB Ratio. This places Netronix in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Netronix's value of 2.67 is 28.4% above this benchmark. Historically, Netronix's own Cyclically Adjusted PB Ratio has ranged from 1.04 to 4.86 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 2.08, Netronix 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. Netronix's current Cyclically Adjusted PB Ratio of 2.67 is 28.4% 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 Netronix 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. Netronix's current Cyclically Adjusted PB Ratio is 2.67, which is near median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netronix stock overvalued right now?
Based on GuruFocus' analysis, Netronix (ROCO:6143) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$140.87, compared to a current price of NT$88.50 — trading 37.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.67, which is near median its 10-year median of 2.49 and 28.4% above the Hardware industry median of 2.08. Netronix's overall GF Score™ is 83/100 with 1 warning sign 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 Netronix (ROCO:6143), the current Cyclically Adjusted PB Ratio is 2.67 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 Netronix (ROCO:6143) Overvalued in 2026?

Based on GuruFocus' analysis, Netronix stock appears to be undervalued. The current stock price of NT$88.50 is trading 37.2% below its estimated GF Value™ of NT$140.87. GuruFocus considers Netronix to be Significantly Undervalued.

Key valuation signals for ROCO:6143:

  • Cyclically Adjusted PB Ratio: 2.67 (near median its 10-year median of 2.49)
  • GF Value™: NT$140.87 vs. price of NT$88.50 (37.2% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 28.4% above the Hardware median (#1148 of 1928)

No single metric tells the full story. See the ROCO:6143 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netronix Business Description

Address No. 945, Boai Street, Hsinchu, Jubei City, TWN, 302
Netronix Inc engages in the design, manufacture, processing, wholesale and sale of communications devices, industrial PCs, speakers, e-books, internet-based surveillance systems, network products and peripherals. The group has three reportable segments: the Consumer Electronics segment, the Computer Peripherals segment, and Others. The consumer electronics segment is involved in manufacture and sale of e-books, network products, and industrial PCs. The computer peripherals segment is involved in the manufacture and sale of speaker products. The segment of others mainly derives revenues from general processing fees and manufacture and sale of biomedical products. The company derives maximum revenue from consumer electronics segment.
83GF Score

Get the complete analysis for ROCO:6143

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

NT$88.50
Price
NT$140.87
GF Value