Kingwaytek Technology Co (ROCO:6516) Cyclically Adjusted PB Ratio: 3.33 (As of Aug. 16, 2026) — Near Median

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ROCO:6516 Kingwaytek Technology Co Ltd ROCO:6516
85 GF Score
Price NT$59.10
GF Value NT$91.87
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Kingwaytek Technology Co Cyclically Adjusted PB Ratio?

Kingwaytek Technology Co ROCO:6516 -0.51% 85 Cyclically Adjusted PB Ratio is 3.33 as of Aug. 16, 2026, which is 9% below its 10-year median of 3.65. GuruFocus rates ROCO:6516 with a GF Score™ of 85/100 and a GF Value™ of NT$91.87 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,962 Hardware companies, Kingwaytek Technology Co ranks worse than 66.21% on this metric.

As of today (2026-08-16), Kingwaytek Technology Co's current share price is NT$59.10. Kingwaytek Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$17.74. Kingwaytek Technology Co's Cyclically Adjusted PB Ratio for today is 3.33.

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

ROCO:6516' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.13   Med: 3.65   Max: 4.24
Current: 3.33

During the past years, Kingwaytek Technology Co's highest Cyclically Adjusted PB Ratio was 4.24. The lowest was 3.13. And the median was 3.65.

ROCO:6516's Cyclically Adjusted PB Ratio is ranked worse than
66.21% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs ROCO:6516: 3.33

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.

Kingwaytek Technology Co'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$17.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingwaytek Technology Co  (ROCO:6516) 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.


Kingwaytek Technology Co Cyclically Adjusted PB Ratio Related Terms


Kingwaytek Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kingwaytek 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.

Kingwaytek Technology Co Cyclically Adjusted PB Ratio Chart

Kingwaytek 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 0.00 0.00 3.64

Kingwaytek 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 0.00 4.33 3.89 3.64 3.43

ROCO:6516 vs COHR, KEYS, GRMN: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Kingwaytek 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.


Kingwaytek Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6516
85GF Score
Kingwaytek Technology Co Ltd ROCO:6516
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingwaytek 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.10/17.74
=3.33

* 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.

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

For example, Kingwaytek 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)
=18.512/330.2130*330.2130
=18.512

Current CPI (Mar. 2026) = 330.2130.

Kingwaytek Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.712 238.638 7.904
201512 7.024 236.525 9.806
201606 6.630 241.018 9.084
201612 7.450 241.432 10.190
201706 7.011 244.955 9.451
201709 0.000 246.819 0.000
201712 7.914 246.524 10.601
201803 0.000 249.554 0.000
201806 7.894 251.989 10.345
201809 8.035 252.439 10.511
201812 8.517 251.233 11.194
201903 8.586 254.202 11.153
201906 22.031 256.143 28.402
201909 17.360 256.759 22.326
201912 17.429 256.974 22.396
202003 16.799 258.115 21.491
202006 16.575 257.797 21.231
202009 16.482 260.280 20.910
202012 17.040 260.474 21.602
202103 17.203 264.877 21.446
202106 17.563 271.696 21.346
202109 17.435 274.310 20.988
202112 17.768 278.802 21.044
202203 17.802 287.504 20.447
202206 17.644 296.311 19.663
202209 18.035 296.808 20.065
202212 18.329 296.797 20.393
202303 18.509 301.836 20.249
202306 17.820 305.109 19.286
202309 18.097 307.789 19.415
202312 18.339 306.746 19.742
202403 18.733 312.332 19.805
202406 18.182 314.175 19.110
202409 18.463 315.301 19.336
202412 19.371 315.605 20.268
202503 19.748 319.799 20.391
202506 17.347 322.561 17.759
202509 17.586 324.800 17.879
202512 18.127 324.054 18.472
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 3.33 mean?
Kingwaytek Technology Co (ROCO:6516) has a Cyclically Adjusted PB Ratio of 3.33 as of Aug. 16, 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 Kingwaytek Technology Co and its competitors. This is near median its historical median of 3.65. Over the past decade, Kingwaytek Technology Co's Cyclically Adjusted PB Ratio has ranged from 3.13 to 4.24. According to the industry distribution chart, Kingwaytek Technology Co ranks #1299 out of 1962 companies in the Hardware industry, placing it in the top 66.2%.
Is Kingwaytek Technology Co's Cyclically Adjusted PB Ratio too high?
Kingwaytek Technology Co's current Cyclically Adjusted PB Ratio of 3.33 is near median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 4.24. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. Kingwaytek Technology Co's value of 3.33 is 57.4% above this industry median. Based on the distribution chart, Kingwaytek Technology Co ranks #1299 out of 1962 companies in the Hardware industry, which is below the industry midpoint. Overall, Kingwaytek Technology Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kingwaytek Technology Co's Cyclically Adjusted PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Kingwaytek Technology Co ranks #1299 out of 1962 companies for Cyclically Adjusted PB Ratio. This places Kingwaytek Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Kingwaytek Technology Co's value of 3.33 is 57.4% above this benchmark. Historically, Kingwaytek Technology Co's own Cyclically Adjusted PB Ratio has ranged from 3.13 to 4.24 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 2.12, Kingwaytek Technology 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. Kingwaytek Technology Co's current Cyclically Adjusted PB Ratio of 3.33 is 57.4% 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 Kingwaytek Technology 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. Kingwaytek Technology Co's current Cyclically Adjusted PB Ratio is 3.33, which is near median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingwaytek Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Kingwaytek Technology Co (ROCO:6516) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$91.87, compared to a current price of NT$59.10 — trading 35.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.33, which is near median its 10-year median of 3.65 and 57.4% above the Hardware industry median of 2.12. Kingwaytek Technology Co's overall GF Score™ is 85/100 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 Kingwaytek Technology Co (ROCO:6516), the current Cyclically Adjusted PB Ratio is 3.33 as of Aug. 16, 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 Kingwaytek Technology Co (ROCO:6516) Overvalued in 2026?

Based on GuruFocus' analysis, Kingwaytek Technology Co stock appears to be undervalued. The current stock price of NT$59.10 is trading 35.7% below its estimated GF Value™ of NT$91.87. GuruFocus considers Kingwaytek Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:6516:

  • Cyclically Adjusted PB Ratio: 3.33 (near median its 10-year median of 3.65)
  • GF Value™: NT$91.87 vs. price of NT$59.10 (35.7% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 57.4% above the Hardware median (#1299 of 1962)

No single metric tells the full story. See the ROCO:6516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kingwaytek Technology Co Business Description

Address No.100, Sector 2, Roosevelt Road, 3rd Floor, ZhongZheng District, Taipei, TWN, 100
Kingwaytek Technology Co Ltd develops digital map databases. The Company offers Aerial Survey Offices, geographic information, satellite images, aerial photogrammetry, and field drive test surveys. It focuses on electronic map production and GIS system development. Its products are mainly used in transportation and power telecommunications.
85GF Score

Get the complete analysis for ROCO:6516

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

NT$59.10
Price
NT$91.87
GF Value