Calitech Co (ROCO:6532) Cyclically Adjusted PB Ratio: 3.45 (As of Aug. 12, 2026) — 20% Above Median

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ROCO:6532 Calitech Co Ltd ROCO:6532
80 GF Score
Price NT$86.40
GF Value NT$57.79
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Calitech Co Cyclically Adjusted PB Ratio?

Calitech Co ROCO:6532 +1.65% 80 Cyclically Adjusted PB Ratio is 3.45 as of Aug. 12, 2026, which is 20% above its 10-year median of 2.88. GuruFocus rates ROCO:6532 with a GF Score™ of 80/100 and a GF Value™ of NT$57.79 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 728 Semiconductors companies, Calitech Co ranks worse than 50.41% on this metric.

As of today (2026-08-12), Calitech Co's current share price is NT$86.40. Calitech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$25.06. Calitech Co's Cyclically Adjusted PB Ratio for today is 3.45.

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

ROCO:6532' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 2.88   Max: 3.58
Current: 3.28

During the past years, Calitech Co's highest Cyclically Adjusted PB Ratio was 3.58. The lowest was 2.08. And the median was 2.88.

ROCO:6532's Cyclically Adjusted PB Ratio is ranked worse than
50.41% of 728 companies
in the Semiconductors industry
Industry Median: 3.23 vs ROCO:6532: 3.28

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.

Calitech Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$31.640. 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$25.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calitech Co  (ROCO:6532) 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.


Calitech Co Cyclically Adjusted PB Ratio Related Terms


Calitech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Calitech 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.

Calitech Co Cyclically Adjusted PB Ratio Chart

Calitech 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 3.07 2.34

Calitech 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 2.90 2.67 2.48 2.34 2.89

ROCO:6532 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Calitech 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.


Calitech Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ROCO:6532
80GF Score
Calitech Co Ltd ROCO:6532
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calitech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=86.40/25.06
=3.45

* 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.

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

For example, Calitech 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)
=31.64/330.2130*330.2130
=31.640

Current CPI (Mar. 2026) = 330.2130.

Calitech Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.051 241.018 16.511
201609 13.305 241.428 18.198
201612 13.889 241.432 18.996
201703 13.980 243.801 18.935
201706 13.802 244.955 18.606
201709 14.460 246.819 19.346
201712 14.994 246.524 20.084
201803 15.805 249.554 20.913
201806 15.645 251.989 20.502
201809 16.494 252.439 21.576
201812 17.344 251.233 22.796
201903 17.924 254.202 23.284
201906 16.245 256.143 20.943
201909 16.970 256.759 21.825
201912 17.670 256.974 22.706
202003 17.026 258.115 21.782
202006 20.587 257.797 26.370
202009 21.822 260.280 27.685
202012 22.208 260.474 28.154
202103 20.768 264.877 25.891
202106 21.235 271.696 25.809
202109 22.020 274.310 26.508
202112 22.841 278.802 27.053
202203 22.087 287.504 25.368
202206 23.408 296.311 26.086
202209 24.871 296.808 27.670
202212 26.128 296.797 29.070
202303 24.619 301.836 26.934
202306 25.511 305.109 27.610
202309 26.701 307.789 28.646
202312 27.455 306.746 29.555
202403 25.917 312.332 27.401
202406 26.725 314.175 28.089
202409 27.764 315.301 29.077
202412 29.091 315.605 30.437
202503 27.768 319.799 28.672
202506 27.489 322.561 28.141
202509 28.537 324.800 29.013
202512 34.001 324.054 34.647
202603 31.640 330.213 31.640

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 3.45 mean?
Calitech Co (ROCO:6532) has a Cyclically Adjusted PB Ratio of 3.45 as of Aug. 12, 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 Calitech Co and its competitors. This is 20% above median its historical median of 2.88. Over the past decade, Calitech Co's Cyclically Adjusted PB Ratio has ranged from 2.08 to 3.58. According to the industry distribution chart, Calitech Co ranks #367 out of 728 companies in the Semiconductors industry, placing it in the top 50.4%.
Is Calitech Co's Cyclically Adjusted PB Ratio too high?
Calitech Co's current Cyclically Adjusted PB Ratio of 3.45 is 20% above median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 3.58. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. Calitech Co's value of 3.45 is 6.8% above this industry median. Based on the distribution chart, Calitech Co ranks #367 out of 728 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Calitech Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calitech Co's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Calitech Co ranks #367 out of 728 companies for Cyclically Adjusted PB Ratio. This places Calitech Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. Calitech Co's value of 3.45 is 6.8% above this benchmark. Historically, Calitech Co's own Cyclically Adjusted PB Ratio has ranged from 2.08 to 3.58 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 3.23, Calitech 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 3.23, based on 728 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. Calitech Co's current Cyclically Adjusted PB Ratio of 3.45 is 6.8% 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 Calitech Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calitech Co's current Cyclically Adjusted PB Ratio is 3.45, which is 20% above median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calitech Co stock overvalued right now?
Based on GuruFocus' analysis, Calitech Co (ROCO:6532) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$57.79, compared to a current price of NT$86.40 — trading 49.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.45, which is 20% above median its 10-year median of 2.88 and 6.8% above the Semiconductors industry median of 3.23. Calitech Co's overall GF Score™ is 80/100 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 Calitech Co (ROCO:6532), the current Cyclically Adjusted PB Ratio is 3.45 as of Aug. 12, 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 Calitech Co (ROCO:6532) Overvalued in 2026?

Based on GuruFocus' analysis, Calitech Co stock appears to be overvalued. The current stock price of NT$86.40 is trading 49.5% above its estimated GF Value™ of NT$57.79. GuruFocus considers Calitech Co to be Significantly Overvalued.

Key valuation signals for ROCO:6532:

  • Cyclically Adjusted PB Ratio: 3.45 (20% above median its 10-year median of 2.88)
  • GF Value™: NT$57.79 vs. price of NT$86.40 (49.5% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 6.8% above the Semiconductors median (#367 of 728)

No single metric tells the full story. See the ROCO:6532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Calitech Co Business Description

Address No. 19, Datong Road, Hsinchu Industrial Zone, Hukou Township, Hsinchu, TWN, 30351
Calitech Co Ltd is a Taiwan based company involved in developing technology solutions used in the Semiconductor, III/V, MEMS, LED, Display and high-end industries. It offers solutions comprising micromachining, anodizing, plating, chemical cleaning, plasma thermal spray, vacuum brazing, and resin sealing and bonding.
80GF Score

Get the complete analysis for ROCO:6532

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

NT$86.40
Price
NT$57.79
GF Value