GlobalWafers Co (ROCO:6488) Cyclically Adjusted PB Ratio: 7.13 (As of Aug. 21, 2026) — 66% Above Median

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ROCO:6488 GlobalWafers Co Ltd ROCO:6488
62 GF Score
Price NT$993.00
GF Value NT$410.50
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is GlobalWafers Co Cyclically Adjusted PB Ratio?

GlobalWafers Co ROCO:6488 +1.02% 62 Cyclically Adjusted PB Ratio is 7.13 as of Aug. 21, 2026, which is 66% above its 10-year median of 4.30. GuruFocus rates ROCO:6488 with a GF Score™ of 62/100 and a GF Value™ of NT$410.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 725 Semiconductors companies, GlobalWafers Co ranks worse than 73.79% on this metric.

As of today (2026-08-21), GlobalWafers Co's current share price is NT$993.00. GlobalWafers Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$139.29. GlobalWafers Co's Cyclically Adjusted PB Ratio for today is 7.13.

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

ROCO:6488' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.42   Med: 4.3   Max: 9.69
Current: 7.06

During the past years, GlobalWafers Co's highest Cyclically Adjusted PB Ratio was 9.69. The lowest was 2.42. And the median was 4.30.

ROCO:6488's Cyclically Adjusted PB Ratio is ranked worse than
73.79% of 725 companies
in the Semiconductors industry
Industry Median: 3.18 vs ROCO:6488: 7.06

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.

GlobalWafers Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$202.303. 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$139.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GlobalWafers Co  (ROCO:6488) 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.


GlobalWafers Co Cyclically Adjusted PB Ratio Related Terms


GlobalWafers Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GlobalWafers 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.

GlobalWafers Co Cyclically Adjusted PB Ratio Chart

GlobalWafers 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 5.92 3.39 3.16

GlobalWafers 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 2.48 3.72 3.16 3.13 7.22

ROCO:6488 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, GlobalWafers 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.


GlobalWafers Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ROCO:6488
62GF Score
GlobalWafers Co Ltd ROCO:6488
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GlobalWafers 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=993.00/139.29
=7.13

* 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.

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

For example, GlobalWafers 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)
=202.303/333.9520*333.9520
=202.303

Current CPI (Jun. 2026) = 333.9520.

GlobalWafers Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 45.890 241.428 63.477
201612 42.721 241.432 59.092
201703 42.390 243.801 58.065
201706 69.044 244.955 94.129
201709 72.668 246.819 98.322
201712 77.864 246.524 105.478
201803 84.876 249.554 113.581
201806 83.875 251.989 111.157
201809 91.166 252.439 120.604
201812 99.117 251.233 131.751
201903 107.876 254.202 141.720
201906 92.580 256.143 120.703
201909 98.958 256.759 128.709
201912 103.546 256.974 134.564
202003 84.031 258.115 108.720
202006 91.211 257.797 118.155
202009 99.011 260.280 127.036
202012 101.450 260.474 130.068
202103 102.810 264.877 129.621
202106 104.535 271.696 128.488
202109 108.932 274.310 132.617
202112 104.843 278.802 125.582
202203 108.644 287.504 126.196
202206 103.137 296.311 116.239
202209 115.088 296.808 129.491
202212 124.815 296.797 140.440
202303 133.648 301.836 147.868
202306 135.647 305.109 148.470
202309 152.060 307.789 164.986
202312 152.367 306.746 165.881
202403 149.584 312.332 159.938
202406 189.884 314.175 201.837
202409 197.456 315.301 209.136
202412 190.396 315.605 201.464
202503 191.755 319.799 200.241
202506 177.539 322.561 183.809
202509 187.766 324.800 193.057
202512 195.139 324.054 201.099
202603 195.315 330.213 197.527
202606 202.303 333.952 202.303

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 7.13 mean?
GlobalWafers Co (ROCO:6488) has a Cyclically Adjusted PB Ratio of 7.13 as of Aug. 21, 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 GlobalWafers Co and its competitors. This is 66% above median its historical median of 4.30. Over the past decade, GlobalWafers Co's Cyclically Adjusted PB Ratio has ranged from 2.42 to 9.69. According to the industry distribution chart, GlobalWafers Co ranks #535 out of 725 companies in the Semiconductors industry, placing it in the top 73.8%.
Is GlobalWafers Co's Cyclically Adjusted PB Ratio too high?
GlobalWafers Co's current Cyclically Adjusted PB Ratio of 7.13 is 66% above median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 9.69. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. GlobalWafers Co's value of 7.13 is 124.2% above this industry median. Based on the distribution chart, GlobalWafers Co ranks #535 out of 725 companies in the Semiconductors industry, which is below the industry midpoint. Overall, GlobalWafers Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GlobalWafers Co's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, GlobalWafers Co ranks #535 out of 725 companies for Cyclically Adjusted PB Ratio. This places GlobalWafers Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. GlobalWafers Co's value of 7.13 is 124.2% above this benchmark. Historically, GlobalWafers Co's own Cyclically Adjusted PB Ratio has ranged from 2.42 to 9.69 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 3.18, GlobalWafers 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 725 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. GlobalWafers Co's current Cyclically Adjusted PB Ratio of 7.13 is 124.2% 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 GlobalWafers Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GlobalWafers Co's current Cyclically Adjusted PB Ratio is 7.13, which is 66% above median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GlobalWafers Co stock overvalued right now?
Based on GuruFocus' analysis, GlobalWafers Co (ROCO:6488) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$410.50, compared to a current price of NT$993.00 — trading 141.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.13, which is 66% above median its 10-year median of 4.30 and 124.2% above the Semiconductors industry median of 3.18. GlobalWafers Co's overall GF Score™ is 62/100 with 4 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 GlobalWafers Co (ROCO:6488), the current Cyclically Adjusted PB Ratio is 7.13 as of Aug. 21, 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 GlobalWafers Co (ROCO:6488) Overvalued in 2026?

Based on GuruFocus' analysis, GlobalWafers Co stock appears to be overvalued. The current stock price of NT$993.00 is trading 141.9% above its estimated GF Value™ of NT$410.50. GuruFocus considers GlobalWafers Co to be Significantly Overvalued.

Key valuation signals for ROCO:6488:

  • Cyclically Adjusted PB Ratio: 7.13 (66% above median its 10-year median of 4.30)
  • GF Value™: NT$410.50 vs. price of NT$993.00 (141.9% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 124.2% above the Semiconductors median (#535 of 725)

No single metric tells the full story. See the ROCO:6488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GlobalWafers Co Business Description

Address No. 8, Industrial East Road 2, Hsinchu Science Park, Hsinchu, TWN
GlobalWafers is 46.64% owned by Sino-American Silicon Products after being spun off in 2011. The main source of the company's revenue is selling silicon wafers to chipmakers like TSMC and Texas Instruments. It also derives sales from gallium nitride products and green energy. GlobalWafers runs 18 production sites in nine countries across Asia, North America, and Europe. GlobalWafers is headquartered in Hsinchu, Taiwan, and employs over 7,084 people as of March 31, 2026. GlobalWafers had nearly 17% market share in silicon wafers in 2025.
62GF Score

Get the complete analysis for ROCO:6488

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

NT$993.00
Price
NT$410.50
GF Value