Securitag Assembly Group Co (ROCO:6417) Cyclically Adjusted PB Ratio: 3.34 (As of Aug. 18, 2026) — Near Median

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ROCO:6417 Securitag Assembly Group Co Ltd ROCO:6417
83 GF Score
Price NT$110.00
GF Value NT$125.22
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Securitag Assembly Group Co Cyclically Adjusted PB Ratio?

Securitag Assembly Group Co ROCO:6417 83 Cyclically Adjusted PB Ratio is 3.34 as of Aug. 18, 2026, which is 9% below its 10-year median of 3.69. GuruFocus rates ROCO:6417 with a GF Score™ of 83/100 and a GF Value™ of NT$125.22 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,962 Hardware companies, Securitag Assembly Group Co ranks worse than 66.87% on this metric.

As of today (2026-08-18), Securitag Assembly Group Co's current share price is NT$110.00. Securitag Assembly Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$32.96. Securitag Assembly Group Co's Cyclically Adjusted PB Ratio for today is 3.34.

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

ROCO:6417' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.77   Med: 3.69   Max: 6.64
Current: 3.34

During the past years, Securitag Assembly Group Co's highest Cyclically Adjusted PB Ratio was 6.64. The lowest was 2.77. And the median was 3.69.

ROCO:6417's Cyclically Adjusted PB Ratio is ranked worse than
66.87% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs ROCO:6417: 3.34

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.

Securitag Assembly Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$41.940. 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$32.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitag Assembly Group Co  (ROCO:6417) 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.


Securitag Assembly Group Co Cyclically Adjusted PB Ratio Related Terms


Securitag Assembly Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Securitag Assembly Group 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.

Securitag Assembly Group Co Cyclically Adjusted PB Ratio Chart

Securitag Assembly Group 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 0.00 3.60 4.02 3.59 3.40

Securitag Assembly Group 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 2.93 3.58 3.40 3.19 4.01

ROCO:6417 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Securitag Assembly Group 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.


Securitag Assembly Group Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Securitag Assembly Group Co's Cyclically Adjusted PB Ratio falls into.


ROCO:6417
83GF Score
Securitag Assembly Group Co Ltd ROCO:6417
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Securitag Assembly Group 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.

Securitag Assembly Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=110.00/32.96
=3.34

* 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.

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

For example, Securitag Assembly Group 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)
=41.94/333.9520*333.9520
=41.940

Current CPI (Jun. 2026) = 333.9520.

Securitag Assembly Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.665 241.428 25.818
201612 19.504 241.432 26.978
201703 19.781 243.801 27.095
201706 18.705 244.955 25.501
201709 18.981 246.819 25.682
201712 19.329 246.524 26.184
201803 19.535 249.554 26.142
201806 19.112 251.989 25.328
201809 19.559 252.439 25.875
201812 19.820 251.233 26.346
201903 20.180 254.202 26.511
201906 20.232 256.143 26.378
201909 20.846 256.759 27.113
201912 21.357 256.974 27.755
202003 22.100 258.115 28.593
202006 21.733 257.797 28.153
202009 22.332 260.280 28.653
202012 22.909 260.474 29.371
202103 23.486 264.877 29.611
202106 24.197 271.696 29.741
202109 30.026 274.310 36.554
202112 30.862 278.802 36.967
202203 31.404 287.504 36.478
202206 30.849 296.311 34.768
202209 32.501 296.808 36.568
202212 33.887 296.797 38.129
202303 34.839 301.836 38.546
202306 33.946 305.109 37.155
202309 35.231 307.789 38.226
202312 35.708 306.746 38.875
202403 36.431 312.332 38.953
202406 35.623 314.175 37.865
202409 36.679 315.301 38.849
202412 38.092 315.605 40.306
202503 39.363 319.799 41.105
202506 37.802 322.561 39.137
202509 39.141 324.800 40.244
202512 40.724 324.054 41.968
202603 42.401 330.213 42.881
202606 41.940 333.952 41.940

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 3.34 mean?
Securitag Assembly Group Co (ROCO:6417) has a Cyclically Adjusted PB Ratio of 3.34 as of Aug. 18, 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 Securitag Assembly Group Co and its competitors. This is near median its historical median of 3.69. Over the past decade, Securitag Assembly Group Co's Cyclically Adjusted PB Ratio has ranged from 2.77 to 6.64. According to the industry distribution chart, Securitag Assembly Group Co ranks #1312 out of 1962 companies in the Hardware industry, placing it in the top 66.9%.
Is Securitag Assembly Group Co's Cyclically Adjusted PB Ratio too high?
Securitag Assembly Group Co's current Cyclically Adjusted PB Ratio of 3.34 is near median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 6.64. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. Securitag Assembly Group Co's value of 3.34 is 57.9% above this industry median. Based on the distribution chart, Securitag Assembly Group Co ranks #1312 out of 1962 companies in the Hardware industry, which is below the industry midpoint. Overall, Securitag Assembly Group Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Securitag Assembly Group Co's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Securitag Assembly Group Co ranks #1312 out of 1962 companies for Cyclically Adjusted PB Ratio. This places Securitag Assembly Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Securitag Assembly Group Co's value of 3.34 is 57.9% above this benchmark. Historically, Securitag Assembly Group Co's own Cyclically Adjusted PB Ratio has ranged from 2.77 to 6.64 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 2.12, Securitag Assembly Group 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 2.12, based on 1,962 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. Securitag Assembly Group Co's current Cyclically Adjusted PB Ratio of 3.34 is 57.9% 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 Securitag Assembly Group Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Securitag Assembly Group Co's current Cyclically Adjusted PB Ratio is 3.34, which is near median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Securitag Assembly Group Co stock overvalued right now?
Based on GuruFocus' analysis, Securitag Assembly Group Co (ROCO:6417) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$125.22, compared to a current price of NT$110.00 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.34, which is near median its 10-year median of 3.69 and 57.9% above the Hardware industry median of 2.12. Securitag Assembly Group Co'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 Securitag Assembly Group Co (ROCO:6417), the current Cyclically Adjusted PB Ratio is 3.34 as of Aug. 18, 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 Securitag Assembly Group Co (ROCO:6417) Overvalued in 2026?

Based on GuruFocus' analysis, Securitag Assembly Group Co stock appears to be undervalued. The current stock price of NT$110.00 is trading 12.2% below its estimated GF Value™ of NT$125.22. GuruFocus considers Securitag Assembly Group Co to be Modestly Undervalued.

Key valuation signals for ROCO:6417:

  • Cyclically Adjusted PB Ratio: 3.34 (near median its 10-year median of 3.69)
  • GF Value™: NT$125.22 vs. price of NT$110.00 (12.2% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 57.9% above the Hardware median (#1312 of 1962)

No single metric tells the full story. See the ROCO:6417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Securitag Assembly Group Co Business Description

Address NO. 99, Renhuagong 2nd Road, Dali District, Taichung, TWN, 412039
Securitag Assembly Group Co Ltd is Developer and manufacturer of radio frequency identification (RFID) transponders. The group delivers both standard and customized RFID products of inlays, labels, cards, key fobs and tags. The Group operates in three regions: Europe, the Americas, and Asia. It generates maximum revenue from Americas. The products of the group are: RFID Labels, RFID Tags, Product Category and Product Selector.
83GF Score

Get the complete analysis for ROCO:6417

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

NT$110.00
Price
NT$125.22
GF Value