Macnica Galaxy (ROCO:6227) Cyclically Adjusted PB Ratio: 3.82 (As of Aug. 23, 2026) — 120% Above Median

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ROCO:6227 Macnica Galaxy Inc ROCO:6227
88 GF Score
Price NT$118.50
GF Value NT$119.03
Valuation Fairly Valued
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What is Macnica Galaxy Cyclically Adjusted PB Ratio?

Macnica Galaxy ROCO:6227 +0.42% 88 Cyclically Adjusted PB Ratio is 3.82 as of Aug. 23, 2026, which is 120% above its 10-year median of 1.74. GuruFocus rates ROCO:6227 with a GF Score™ of 88/100 and a GF Value™ of NT$119.03 (Fairly Valued). Among 1,945 Hardware companies, Macnica Galaxy ranks worse than 71.16% on this metric.

As of today (2026-08-23), Macnica Galaxy's current share price is NT$118.50. Macnica Galaxy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$31.03. Macnica Galaxy's Cyclically Adjusted PB Ratio for today is 3.82.

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

ROCO:6227' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.74   Max: 4.97
Current: 3.82

During the past years, Macnica Galaxy's highest Cyclically Adjusted PB Ratio was 4.97. The lowest was 0.75. And the median was 1.74.

ROCO:6227's Cyclically Adjusted PB Ratio is ranked worse than
71.16% of 1945 companies
in the Hardware industry
Industry Median: 2.03 vs ROCO:6227: 3.82

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.

Macnica Galaxy's adjusted book value per share data for the three months ended in Jun. 2026 was NT$41.659. 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$31.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Macnica Galaxy  (ROCO:6227) 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.


Macnica Galaxy Cyclically Adjusted PB Ratio Related Terms


Macnica Galaxy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Macnica Galaxy'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.

Macnica Galaxy Cyclically Adjusted PB Ratio Chart

Macnica Galaxy 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 1.74 1.68 1.59 3.01 2.75

Macnica Galaxy 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 3.39 3.04 2.75 2.81 3.92

ROCO:6227 vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Macnica Galaxy'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.


Macnica Galaxy Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6227
88GF Score
Macnica Galaxy Inc ROCO:6227
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macnica Galaxy 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.

Macnica Galaxy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=118.50/31.03
=3.82

* 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.

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

For example, Macnica Galaxy'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)
=41.659/333.9520*333.9520
=41.659

Current CPI (Jun. 2026) = 333.9520.

Macnica Galaxy Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.673 241.428 25.829
201612 18.842 241.432 26.063
201703 19.304 243.801 26.442
201706 18.518 244.955 25.246
201709 19.104 246.819 25.848
201712 19.578 246.524 26.521
201803 19.851 249.554 26.565
201806 19.586 251.989 25.957
201809 20.516 252.439 27.141
201812 21.349 251.233 28.378
201903 21.719 254.202 28.533
201906 20.801 256.143 27.120
201909 21.432 256.759 27.875
201912 21.413 256.974 27.827
202003 22.131 258.115 28.633
202006 22.072 257.797 28.592
202009 22.343 260.280 28.667
202012 22.809 260.474 29.243
202103 23.686 264.877 29.863
202106 23.597 271.696 29.004
202109 25.010 274.310 30.448
202112 26.754 278.802 32.046
202203 28.677 287.504 33.310
202206 27.387 296.311 30.866
202209 29.776 296.808 33.502
202212 31.511 296.797 35.456
202303 27.790 301.836 30.747
202306 29.009 305.109 31.751
202309 30.596 307.789 33.197
202312 31.836 306.746 34.660
202403 29.984 312.332 32.060
202406 31.847 314.175 33.852
202409 33.182 315.301 35.145
202412 35.699 315.605 37.774
202503 33.768 319.799 35.262
202506 32.959 322.561 34.123
202509 36.279 324.800 37.301
202512 39.268 324.054 40.467
202603 37.843 330.213 38.271
202606 41.659 333.952 41.659

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 3.82 mean?
Macnica Galaxy (ROCO:6227) has a Cyclically Adjusted PB Ratio of 3.82 as of Aug. 23, 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 Macnica Galaxy and its competitors. This is 120% above median its historical median of 1.74. Over the past decade, Macnica Galaxy's Cyclically Adjusted PB Ratio has ranged from 0.75 to 4.97. According to the industry distribution chart, Macnica Galaxy ranks #1384 out of 1945 companies in the Hardware industry, placing it in the top 71.2%.
Is Macnica Galaxy's Cyclically Adjusted PB Ratio too high?
Macnica Galaxy's current Cyclically Adjusted PB Ratio of 3.82 is 120% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 4.97. The Hardware industry median Cyclically Adjusted PB Ratio is 2.03. Macnica Galaxy's value of 3.82 is 88.2% above this industry median. Based on the distribution chart, Macnica Galaxy ranks #1384 out of 1945 companies in the Hardware industry, which is below the industry midpoint. Overall, Macnica Galaxy has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macnica Galaxy's Cyclically Adjusted PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Macnica Galaxy ranks #1384 out of 1945 companies for Cyclically Adjusted PB Ratio. This places Macnica Galaxy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.03. Macnica Galaxy's value of 3.82 is 88.2% above this benchmark. Historically, Macnica Galaxy's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 4.97 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 2.03, Macnica Galaxy 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 1,945 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. Macnica Galaxy's current Cyclically Adjusted PB Ratio of 3.82 is 88.2% 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 Macnica Galaxy 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. Macnica Galaxy's current Cyclically Adjusted PB Ratio is 3.82, which is 120% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Galaxy stock overvalued right now?
Based on GuruFocus' analysis, Macnica Galaxy (ROCO:6227) is currently considered Fairly Valued. The stock's GF Value™ is NT$119.03, compared to a current price of NT$118.50 — trading 0.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.82, which is 120% above median its 10-year median of 1.74 and 88.2% above the Hardware industry median of 2.03. Macnica Galaxy's overall GF Score™ is 88/100. 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 Macnica Galaxy (ROCO:6227), the current Cyclically Adjusted PB Ratio is 3.82 as of Aug. 23, 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 Macnica Galaxy (ROCO:6227) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Galaxy stock appears to be undervalued. The current stock price of NT$118.50 is trading 0.4% below its estimated GF Value™ of NT$119.03. GuruFocus considers Macnica Galaxy to be Fairly Valued.

Key valuation signals for ROCO:6227:

  • Cyclically Adjusted PB Ratio: 3.82 (120% above median its 10-year median of 1.74)
  • GF Value™: NT$119.03 vs. price of NT$118.50 (0.4% below fair value)
  • GF Score™: 88/100
  • Industry Position: 88.2% above the Hardware median (#1384 of 1945)

No single metric tells the full story. See the ROCO:6227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macnica Galaxy Business Description

Address No. 207-2, Section 3, Beixin Road, 14th Floor, Xindian District, New Taipei, TWN
Macnica Galaxy Inc operates as a distributor of IC products in Taiwan. It offers products under the brands such as Altair, Averlogic, Chipone (iML), Cypress, Dialog semiconductor, Everspin, FTDI Chip, Genesys Logic and others. The company ahs two segments: Macnica Galaxy Inc segment is responsible for engaging in the agency trading and technical services of semiconductor electronic components; and Macnica Galaxy International segment is responsible for the import and export trade of electronic and electrical components and finished products. It derives maximum revenue from Macnica Galaxy Inc segment.
88GF Score

Get the complete analysis for ROCO:6227

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

NT$118.50
Price
NT$119.03
GF Value