C-Media Electronics (ROCO:6237) Cyclically Adjusted PB Ratio: 1.44 (As of Aug. 13, 2026) — 26% Below Median

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ROCO:6237 C-Media Electronics Inc ROCO:6237
57 GF Score
Price NT$35.45
GF Value NT$48.68
Valuation Modestly Undervalued
! 3 Warning Signs
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What is C-Media Electronics Cyclically Adjusted PB Ratio?

C-Media Electronics ROCO:6237 +2.75% 57 Cyclically Adjusted PB Ratio is 1.44 as of Aug. 13, 2026, which is 26% below its 10-year median of 1.95. GuruFocus rates ROCO:6237 with a GF Score™ of 57/100 and a GF Value™ of NT$48.68 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 728 Semiconductors companies, C-Media Electronics ranks better than 74.45% on this metric.

As of today (2026-08-13), C-Media Electronics's current share price is NT$35.45. C-Media Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$24.58. C-Media Electronics's Cyclically Adjusted PB Ratio for today is 1.44.

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

ROCO:6237' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.95   Max: 8.03
Current: 1.36

During the past years, C-Media Electronics's highest Cyclically Adjusted PB Ratio was 8.03. The lowest was 0.45. And the median was 1.95.

ROCO:6237's Cyclically Adjusted PB Ratio is ranked better than
74.45% of 728 companies
in the Semiconductors industry
Industry Median: 3.23 vs ROCO:6237: 1.36

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.

C-Media Electronics's adjusted book value per share data for the three months ended in Mar. 2026 was NT$18.512. 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$24.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


C-Media Electronics  (ROCO:6237) 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.


C-Media Electronics Cyclically Adjusted PB Ratio Related Terms


C-Media Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for C-Media Electronics'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.

C-Media Electronics Cyclically Adjusted PB Ratio Chart

C-Media Electronics 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 4.51 1.88 2.58 2.21 1.70

C-Media Electronics 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 1.68 1.64 1.72 1.70 1.42

ROCO:6237 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, C-Media Electronics'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.


C-Media Electronics Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, C-Media Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C-Media Electronics's Cyclically Adjusted PB Ratio falls into.


ROCO:6237
57GF Score
C-Media Electronics Inc ROCO:6237
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C-Media Electronics 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.

C-Media Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.45/24.58
=1.44

* 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.

C-Media Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, C-Media Electronics'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)
=18.512/330.2130*330.2130
=18.512

Current CPI (Mar. 2026) = 330.2130.

C-Media Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.380 241.018 27.922
201609 20.476 241.428 28.006
201612 20.727 241.432 28.349
201703 20.872 243.801 28.270
201706 20.411 244.955 27.515
201709 20.331 246.819 27.200
201712 19.988 246.524 26.773
201803 20.299 249.554 26.860
201806 19.864 251.989 26.030
201809 19.660 252.439 25.717
201812 19.272 251.233 25.331
201903 19.213 254.202 24.958
201906 19.074 256.143 24.590
201909 18.515 256.759 23.812
201912 18.574 256.974 23.868
202003 18.212 258.115 23.299
202006 18.631 257.797 23.865
202009 19.816 260.280 25.140
202012 20.940 260.474 26.546
202103 21.109 264.877 26.316
202106 23.769 271.696 28.888
202109 25.996 274.310 31.294
202112 24.316 278.802 28.800
202203 23.243 287.504 26.696
202206 23.318 296.311 25.986
202209 22.070 296.808 24.554
202212 21.691 296.797 24.133
202303 21.107 301.836 23.091
202306 20.840 305.109 22.555
202309 21.056 307.789 22.590
202312 20.517 306.746 22.087
202403 20.310 312.332 21.473
202406 20.293 314.175 21.329
202409 19.996 315.301 20.942
202412 20.595 315.605 21.548
202503 19.840 319.799 20.486
202506 19.021 322.561 19.472
202509 18.856 324.800 19.170
202512 18.841 324.054 19.199
202603 18.512 330.213 18.512

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 1.44 mean?
C-Media Electronics (ROCO:6237) has a Cyclically Adjusted PB Ratio of 1.44 as of Aug. 13, 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 C-Media Electronics and its competitors. This is 26% below median its historical median of 1.95. Over the past decade, C-Media Electronics' Cyclically Adjusted PB Ratio has ranged from 0.45 to 8.03. According to the industry distribution chart, C-Media Electronics ranks #186 out of 728 companies in the Semiconductors industry, placing it in the top 25.5%.
Is C-Media Electronics' Cyclically Adjusted PB Ratio too high?
C-Media Electronics' current Cyclically Adjusted PB Ratio of 1.44 is 26% below median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 8.03. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. C-Media Electronics' value of 1.44 is 55.4% below this industry median. Based on the distribution chart, C-Media Electronics ranks #186 out of 728 companies in the Semiconductors industry, which is above the industry midpoint. Overall, C-Media Electronics has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does C-Media Electronics' Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, C-Media Electronics ranks #186 out of 728 companies for Cyclically Adjusted PB Ratio. This puts C-Media Electronics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. C-Media Electronics' value of 1.44 is 55.4% below this benchmark. Historically, C-Media Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.45 to 8.03 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 3.23, C-Media Electronics has consistently been below 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 728 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. C-Media Electronics's current Cyclically Adjusted PB Ratio of 1.44 is 55.4% below 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 C-Media Electronics and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-Media Electronics's current Cyclically Adjusted PB Ratio is 1.44, which is 26% below median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-Media Electronics stock overvalued right now?
Based on GuruFocus' analysis, C-Media Electronics (ROCO:6237) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$48.68, compared to a current price of NT$35.45 — trading 27.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is 26% below median its 10-year median of 1.95 and 55.4% below the Semiconductors industry median of 3.23. C-Media Electronics' overall GF Score™ is 57/100 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 C-Media Electronics (ROCO:6237), the current Cyclically Adjusted PB Ratio is 1.44 as of Aug. 13, 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 C-Media Electronics (ROCO:6237) Overvalued in 2026?

Based on GuruFocus' analysis, C-Media Electronics stock appears to be undervalued. The current stock price of NT$35.45 is trading 27.2% below its estimated GF Value™ of NT$48.68. GuruFocus considers C-Media Electronics to be Modestly Undervalued.

Key valuation signals for ROCO:6237:

  • Cyclically Adjusted PB Ratio: 1.44 (26% below median its 10-year median of 1.95)
  • GF Value™: NT$48.68 vs. price of NT$35.45 (27.2% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 55.4% below the Semiconductors median (#186 of 728)

No single metric tells the full story. See the ROCO:6237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C-Media Electronics Business Description

Address Sec. 4 Civil Boulevard, 6th Floor, No.100, Taipei, TWN, 106
C-Media Electronics Inc is a Taiwan-based company engaged in the import and export of electronic components, integrated circuits, computers, and their peripherals, as well as the manufacturing of electronic components, providing information software service, manufacturing of optical instruments, and manufacturing of lighting equipment. Its products are USB AUDIO CODEC, USB AUDIO CONTROLLER, USB SPEAKER AMP, AUDIO DSP, and CODEC. Its geographic areas are Taiwan, Mainland China, and Others.
57GF Score

Get the complete analysis for ROCO:6237

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

NT$35.45
Price
NT$48.68
GF Value