ASolid Technology Co (ROCO:6485) Cyclically Adjusted PB Ratio: 1.76 (As of Aug. 11, 2026) — 20% Below Median

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ROCO:6485 ASolid Technology Co Ltd ROCO:6485
72 GF Score
Price NT$66.00
GF Value NT$68.71
Valuation Fairly Valued
! 5 Warning Signs
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What is ASolid Technology Co Cyclically Adjusted PB Ratio?

ASolid Technology Co ROCO:6485 +1.23% 72 Cyclically Adjusted PB Ratio is 1.76 as of Aug. 11, 2026, which is 20% below its 10-year median of 2.19. GuruFocus rates ROCO:6485 with a GF Score™ of 72/100 and a GF Value™ of NT$68.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,967 Hardware companies, ASolid Technology Co ranks better than 57.35% on this metric.

As of today (2026-08-11), ASolid Technology Co's current share price is NT$66.00. ASolid Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$37.49. ASolid Technology Co's Cyclically Adjusted PB Ratio for today is 1.76.

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

ROCO:6485' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.19   Max: 3.85
Current: 1.64

During the past years, ASolid Technology Co's highest Cyclically Adjusted PB Ratio was 3.85. The lowest was 1.21. And the median was 2.19.

ROCO:6485's Cyclically Adjusted PB Ratio is ranked better than
57.35% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs ROCO:6485: 1.64

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.

ASolid Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$44.650. 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$37.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASolid Technology Co  (ROCO:6485) 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.


ASolid Technology Co Cyclically Adjusted PB Ratio Related Terms


ASolid Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ASolid Technology 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.

ASolid Technology Co Cyclically Adjusted PB Ratio Chart

ASolid Technology 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 0.00 3.62 1.30 2.15

ASolid Technology Co 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 1.73 1.50 1.78 2.15 2.10

ROCO:6485 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, ASolid Technology 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.


ASolid Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6485
72GF Score
ASolid Technology Co Ltd ROCO:6485
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASolid Technology 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.

ASolid Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.00/37.49
=1.76

* 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.

ASolid Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ASolid Technology Co'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)
=44.65/330.2130*330.2130
=44.650

Current CPI (Mar. 2026) = 330.2130.

ASolid Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.648 241.018 31.029
201609 23.602 241.428 32.282
201612 23.731 241.432 32.458
201703 23.331 243.801 31.600
201706 21.454 244.955 28.921
201709 21.061 246.819 28.177
201712 20.651 246.524 27.662
201803 20.739 249.554 27.442
201806 21.123 251.989 27.680
201809 22.076 252.439 28.877
201812 22.752 251.233 29.905
201903 22.990 254.202 29.864
201906 23.457 256.143 30.240
201909 24.033 256.759 30.908
201912 24.441 256.974 31.407
202003 24.582 258.115 31.448
202006 24.086 257.797 30.852
202009 24.339 260.280 30.878
202012 25.015 260.474 31.712
202103 26.441 264.877 32.963
202106 28.974 271.696 35.214
202109 32.887 274.310 39.589
202112 40.263 278.802 47.687
202203 44.271 287.504 50.848
202206 42.319 296.311 47.161
202209 43.149 296.808 48.005
202212 45.151 296.797 50.234
202303 45.979 301.836 50.302
202306 42.941 305.109 46.474
202309 43.145 307.789 46.288
202312 43.210 306.746 46.516
202403 42.444 312.332 44.874
202406 41.099 314.175 43.197
202409 40.863 315.301 42.796
202412 40.730 315.605 42.615
202503 41.388 319.799 42.736
202506 40.532 322.561 41.494
202509 40.019 324.800 40.686
202512 41.179 324.054 41.962
202603 44.650 330.213 44.650

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 1.76 mean?
ASolid Technology Co (ROCO:6485) has a Cyclically Adjusted PB Ratio of 1.76 as of Aug. 11, 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 ASolid Technology Co and its competitors. This is 20% below median its historical median of 2.19. Over the past decade, ASolid Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.21 to 3.85. According to the industry distribution chart, ASolid Technology Co ranks #839 out of 1967 companies in the Hardware industry, placing it in the top 42.7%.
Is ASolid Technology Co's Cyclically Adjusted PB Ratio too high?
ASolid Technology Co's current Cyclically Adjusted PB Ratio of 1.76 is 20% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 3.85. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. ASolid Technology Co's value of 1.76 is 15.8% below this industry median. Based on the distribution chart, ASolid Technology Co ranks #839 out of 1967 companies in the Hardware industry, which is above the industry midpoint. Overall, ASolid Technology Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASolid Technology Co's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, ASolid Technology Co ranks #839 out of 1967 companies for Cyclically Adjusted PB Ratio. This puts ASolid Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. ASolid Technology Co's value of 1.76 is 15.8% below this benchmark. Historically, ASolid Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 3.85 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 2.09, ASolid Technology Co 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 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. ASolid Technology Co's current Cyclically Adjusted PB Ratio of 1.76 is 15.8% 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 ASolid Technology Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASolid Technology Co's current Cyclically Adjusted PB Ratio is 1.76, which is 20% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASolid Technology Co stock overvalued right now?
Based on GuruFocus' analysis, ASolid Technology Co (ROCO:6485) is currently considered Fairly Valued. The stock's GF Value™ is NT$68.71, compared to a current price of NT$66.00 — trading 3.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.76, which is 20% below median its 10-year median of 2.19 and 15.8% below the Hardware industry median of 2.09. ASolid Technology Co's overall GF Score™ is 72/100 with 5 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 ASolid Technology Co (ROCO:6485), the current Cyclically Adjusted PB Ratio is 1.76 as of Aug. 11, 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 ASolid Technology Co (ROCO:6485) Overvalued in 2026?

Based on GuruFocus' analysis, ASolid Technology Co stock appears to be undervalued. The current stock price of NT$66.00 is trading 3.9% below its estimated GF Value™ of NT$68.71. GuruFocus considers ASolid Technology Co to be Fairly Valued.

Key valuation signals for ROCO:6485:

  • Cyclically Adjusted PB Ratio: 1.76 (20% below median its 10-year median of 2.19)
  • GF Value™: NT$68.71 vs. price of NT$66.00 (3.9% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 15.8% below the Hardware median (#839 of 1967)

No single metric tells the full story. See the ROCO:6485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASolid Technology Co Business Description

Address Huanke 1st Road, 8th Floor - 1, No. 31, Hsinchu County, Zhubei, TWN, 302
ASolid Technology Co Ltd mainly designs and sells flash memory controllers and peripheral system applications. It operates in a single segment of integrated circuit design. Its products include Flash Controller, Packaged Controller, and Others. Geographically it operates in China, Taiwan, South Korea, and Others, with majority of the revenue deriving from China.
72GF Score

Get the complete analysis for ROCO:6485

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

NT$66.00
Price
NT$68.71
GF Value