All Ring Tech Co (ROCO:6187) Cyclically Adjusted PB Ratio: 31.87 (As of Aug. 26, 2026) — 490% Above Median

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ROCO:6187 All Ring Tech Co Ltd ROCO:6187
81 GF Score
Price NT$1,270.00
GF Value NT$708.86
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is All Ring Tech Co Cyclically Adjusted PB Ratio?

All Ring Tech Co ROCO:6187 +5.39% 81 Cyclically Adjusted PB Ratio is 31.87 as of Aug. 26, 2026, which is 490% above its 10-year median of 5.40. GuruFocus rates ROCO:6187 with a GF Score™ of 81/100 and a GF Value™ of NT$708.86 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,112 Industrial Products companies, All Ring Tech Co ranks worse than 99.15% on this metric.

As of today (2026-08-26), All Ring Tech Co's current share price is NT$1270.00. All Ring Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$39.85. All Ring Tech Co's Cyclically Adjusted PB Ratio for today is 31.87.

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

ROCO:6187' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 5.4   Max: 32.59
Current: 29.99

During the past years, All Ring Tech Co's highest Cyclically Adjusted PB Ratio was 32.59. The lowest was 1.47. And the median was 5.40.

ROCO:6187's Cyclically Adjusted PB Ratio is ranked worse than
99.15% of 2112 companies
in the Industrial Products industry
Industry Median: 2.1 vs ROCO:6187: 29.99

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.

All Ring Tech Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$87.493. 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$39.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


All Ring Tech Co  (ROCO:6187) 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.


All Ring Tech Co Cyclically Adjusted PB Ratio Related Terms


All Ring Tech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for All Ring Tech 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.

All Ring Tech Co Cyclically Adjusted PB Ratio Chart

All Ring Tech 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 5.33 2.39 5.19 13.03 10.07

All Ring Tech 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 11.99 10.97 10.07 21.37 25.05

ROCO:6187 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, All Ring Tech 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.


All Ring Tech Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, All Ring Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6187
81GF Score
All Ring Tech Co Ltd ROCO:6187
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

All Ring Tech 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.

All Ring Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1270.00/39.85
=31.87

* 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.

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

For example, All Ring Tech 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)
=87.493/333.9520*333.9520
=87.493

Current CPI (Jun. 2026) = 333.9520.

All Ring Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.960 241.428 28.993
201612 21.466 241.432 29.692
201703 21.494 243.801 29.442
201706 20.047 244.955 27.330
201709 21.545 246.819 29.151
201712 21.934 246.524 29.713
201803 22.762 249.554 30.460
201806 22.124 251.989 29.320
201809 22.449 252.439 29.698
201812 22.262 251.233 29.592
201903 22.746 254.202 29.882
201906 20.041 256.143 26.129
201909 20.220 256.759 26.299
201912 20.110 256.974 26.134
202003 20.366 258.115 26.350
202006 20.084 257.797 26.017
202009 21.974 260.280 28.194
202012 23.194 260.474 29.737
202103 26.878 264.877 33.887
202106 28.391 271.696 34.896
202109 26.835 274.310 32.670
202112 28.050 278.802 33.599
202203 32.057 287.504 37.236
202206 29.364 296.311 33.094
202209 30.027 296.808 33.785
202212 29.959 296.797 33.709
202303 31.464 301.836 34.812
202306 28.610 305.109 31.315
202309 29.533 307.789 32.043
202312 30.194 306.746 32.872
202403 40.098 312.332 42.874
202406 42.610 314.175 45.292
202409 62.312 315.301 65.998
202412 67.992 315.605 71.945
202503 70.630 319.799 73.756
202506 64.865 322.561 67.156
202509 71.773 324.800 73.795
202512 75.850 324.054 78.167
202603 70.555 330.213 71.354
202606 87.493 333.952 87.493

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 31.87 mean?
All Ring Tech Co (ROCO:6187) has a Cyclically Adjusted PB Ratio of 31.87 as of Aug. 26, 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 All Ring Tech Co and its competitors. This is 490% above median its historical median of 5.40. Over the past decade, All Ring Tech Co's Cyclically Adjusted PB Ratio has ranged from 1.47 to 32.59. According to the industry distribution chart, All Ring Tech Co ranks #2094 out of 2112 companies in the Industrial Products industry, placing it in the top 99.1%.
Is All Ring Tech Co's Cyclically Adjusted PB Ratio too high?
All Ring Tech Co's current Cyclically Adjusted PB Ratio of 31.87 is 490% above median its 10-year median of 5.40. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 32.59. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. All Ring Tech Co's value of 31.87 is 1417.6% above this industry median. Based on the distribution chart, All Ring Tech Co ranks #2094 out of 2112 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, All Ring Tech Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does All Ring Tech Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, All Ring Tech Co ranks #2094 out of 2112 companies for Cyclically Adjusted PB Ratio. This places All Ring Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. All Ring Tech Co's value of 31.87 is 1417.6% above this benchmark. Historically, All Ring Tech Co's own Cyclically Adjusted PB Ratio has ranged from 1.47 to 32.59 over the past decade. While the company's 10-year median is 5.40 vs. the industry median of 2.10, All Ring Tech 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,112 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. All Ring Tech Co's current Cyclically Adjusted PB Ratio of 31.87 is 1417.6% 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 All Ring Tech Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. All Ring Tech Co's current Cyclically Adjusted PB Ratio is 31.87, which is 490% above median its own 10-year median of 5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is All Ring Tech Co stock overvalued right now?
Based on GuruFocus' analysis, All Ring Tech Co (ROCO:6187) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$708.86, compared to a current price of NT$1,270.00 — trading 79.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 31.87, which is 490% above median its 10-year median of 5.40 and 1417.6% above the Industrial Products industry median of 2.10. All Ring Tech Co's overall GF Score™ is 81/100 with 2 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 All Ring Tech Co (ROCO:6187), the current Cyclically Adjusted PB Ratio is 31.87 as of Aug. 26, 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 All Ring Tech Co (ROCO:6187) Overvalued in 2026?

Based on GuruFocus' analysis, All Ring Tech Co stock appears to be overvalued. The current stock price of NT$1,270.00 is trading 79.2% above its estimated GF Value™ of NT$708.86. GuruFocus considers All Ring Tech Co to be Significantly Overvalued.

Key valuation signals for ROCO:6187:

  • Cyclically Adjusted PB Ratio: 31.87 (490% above median its 10-year median of 5.40)
  • GF Value™: NT$708.86 vs. price of NT$1,270.00 (79.2% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 1417.6% above the Industrial Products median (#2094 of 2112)

No single metric tells the full story. See the ROCO:6187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


All Ring Tech Co Business Description

Address Luke 10 Road, Number 1, Luzhu Science Park, Lujhu District, Southern Taiwan, Kaohsiung, TWN, 821011
All Ring Tech Co Ltd is engaged in the design, manufacture, and assembly of automation machines, the research, development, and design of computer software, and the manufacture of optical instruments. Its product portfolio consists of Silicon Photonics Process, Silicon Photonics Process, Heat dissipation process, Heat dissipation process, bonding process, bonding process, Dispensing process, Dispensing process, Optical Measurement, Optical Measurement, and Automated integration services. The group's geographic area includes Taiwan, China, and Other. It generates the majority of its revenue from Taiwan.
81GF Score

Get the complete analysis for ROCO:6187

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

NT$1,270.00
Price
NT$708.86
GF Value