GoMAX Electronics (ROCO:6512) Cyclically Adjusted PB Ratio: 0.98 (As of Aug. 06, 2026) — Near Median

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ROCO:6512 GoMAX Electronics Inc ROCO:6512
63 GF Score
Price NT$20.15
GF Value NT$16.41
Valuation Modestly Overvalued
! 2 Warning Signs
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What is GoMAX Electronics Cyclically Adjusted PB Ratio?

GoMAX Electronics ROCO:6512 63 Cyclically Adjusted PB Ratio is 0.98 as of Aug. 06, 2026, which is 2% below its 10-year median of 1.00. GuruFocus rates ROCO:6512 with a GF Score™ of 63/100 and a GF Value™ of NT$16.41 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,968 Hardware companies, GoMAX Electronics ranks better than 72.1% on this metric.

As of today (2026-08-06), GoMAX Electronics's current share price is NT$20.15. GoMAX Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$20.62. GoMAX Electronics's Cyclically Adjusted PB Ratio for today is 0.98.

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

ROCO:6512' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1   Max: 1.35
Current: 0.95

During the past years, GoMAX Electronics's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.92. And the median was 1.00.

ROCO:6512's Cyclically Adjusted PB Ratio is ranked better than
72.1% of 1968 companies
in the Hardware industry
Industry Median: 2 vs ROCO:6512: 0.95

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.

GoMAX Electronics's adjusted book value per share data for the three months ended in Mar. 2026 was NT$13.748. 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$20.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoMAX Electronics  (ROCO:6512) 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.


GoMAX Electronics Cyclically Adjusted PB Ratio Related Terms


GoMAX Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GoMAX 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.

GoMAX Electronics Cyclically Adjusted PB Ratio Chart

GoMAX 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 0.00 0.00 0.00 1.11 1.00

GoMAX 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 1.03 0.98 1.00 1.00 0.96

ROCO:6512 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, GoMAX 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.


GoMAX Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6512
63GF Score
GoMAX Electronics Inc ROCO:6512
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoMAX 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.

GoMAX Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.15/20.62
=0.98

* 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.

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

For example, GoMAX 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)
=13.748/330.2130*330.2130
=13.748

Current CPI (Mar. 2026) = 330.2130.

GoMAX Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.406 241.018 26.588
201609 19.959 241.428 27.299
201612 20.419 241.432 27.928
201703 20.384 243.801 27.609
201706 18.329 244.955 24.709
201709 18.468 246.819 24.708
201712 18.657 246.524 24.991
201803 18.610 249.554 24.625
201806 18.431 251.989 24.152
201809 18.546 252.439 24.260
201812 18.717 251.233 24.601
201903 18.723 254.202 24.322
201906 18.207 256.143 23.472
201909 17.968 256.759 23.108
201912 18.025 256.974 23.162
202003 17.850 258.115 22.836
202006 17.440 257.797 22.339
202009 17.304 260.280 21.953
202012 17.320 260.474 21.957
202103 17.043 264.877 21.247
202106 16.569 271.696 20.138
202109 16.164 274.310 19.458
202112 15.826 278.802 18.744
202203 16.076 287.504 18.464
202206 16.580 296.311 18.477
202209 16.762 296.808 18.649
202212 16.748 296.797 18.634
202303 16.349 301.836 17.886
202306 16.005 305.109 17.322
202309 15.996 307.789 17.161
202312 15.706 306.746 16.908
202403 15.603 312.332 16.496
202406 15.498 314.175 16.289
202409 15.392 315.301 16.120
202412 14.866 315.605 15.554
202503 14.765 319.799 15.246
202506 14.427 322.561 14.769
202509 14.482 324.800 14.723
202512 14.032 324.054 14.299
202603 13.748 330.213 13.748

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 0.98 mean?
GoMAX Electronics (ROCO:6512) has a Cyclically Adjusted PB Ratio of 0.98 as of Aug. 06, 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 GoMAX Electronics and its competitors. This is near median its historical median of 1.00. Over the past decade, GoMAX Electronics' Cyclically Adjusted PB Ratio has ranged from 0.92 to 1.35. According to the industry distribution chart, GoMAX Electronics ranks #549 out of 1968 companies in the Hardware industry, placing it in the top 27.9%.
Is GoMAX Electronics' Cyclically Adjusted PB Ratio too high?
GoMAX Electronics' current Cyclically Adjusted PB Ratio of 0.98 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 1.35. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. GoMAX Electronics' value of 0.98 is 51% below this industry median. Based on the distribution chart, GoMAX Electronics ranks #549 out of 1968 companies in the Hardware industry, which is above the industry midpoint. Overall, GoMAX Electronics has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GoMAX Electronics' Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, GoMAX Electronics ranks #549 out of 1968 companies for Cyclically Adjusted PB Ratio. This puts GoMAX Electronics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. GoMAX Electronics' value of 0.98 is 51% below this benchmark. Historically, GoMAX Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.92 to 1.35 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 2.00, GoMAX 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,968 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. GoMAX Electronics's current Cyclically Adjusted PB Ratio of 0.98 is 51% 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 GoMAX Electronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoMAX Electronics's current Cyclically Adjusted PB Ratio is 0.98, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoMAX Electronics stock overvalued right now?
Based on GuruFocus' analysis, GoMAX Electronics (ROCO:6512) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$16.41, compared to a current price of NT$20.15 — trading 22.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is near median its 10-year median of 1.00 and 51% below the Hardware industry median of 2.00. GoMAX Electronics' overall GF Score™ is 63/100 with 2 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 GoMAX Electronics (ROCO:6512), the current Cyclically Adjusted PB Ratio is 0.98 as of Aug. 06, 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 GoMAX Electronics (ROCO:6512) Overvalued in 2026?

Based on GuruFocus' analysis, GoMAX Electronics stock appears to be overvalued. The current stock price of NT$20.15 is trading 22.8% above its estimated GF Value™ of NT$16.41. GuruFocus considers GoMAX Electronics to be Modestly Overvalued.

Key valuation signals for ROCO:6512:

  • Cyclically Adjusted PB Ratio: 0.98 (near median its 10-year median of 1.00)
  • GF Value™: NT$16.41 vs. price of NT$20.15 (22.8% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 51% below the Hardware median (#549 of 1968)

No single metric tells the full story. See the ROCO:6512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GoMAX Electronics Business Description

Address Number 251, Fusing 1st Street, 1st Floor, 5th Floor, Hsinchu County, Zhubei, TWN, 302
GoMAX Electronics Inc. is a Taiwan-based company that manufactures and sells audio and video systems. Its product portfolio includes the HDMI, DVI, DisplayPort, Analog, Wall Plate, and Video Processor series.
63GF Score

Get the complete analysis for ROCO:6512

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

NT$20.15
Price
NT$16.41
GF Value