Calitech Co (ROCO:6532) Cyclically Adjusted PB Ratio: 3.87 (As of Sep. 03, 2026) — 28% Above Median

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ROCO:6532 Calitech Co Ltd ROCO:6532
88 GF Score
Price NT$99.80
GF Value NT$63.33
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Calitech Co Cyclically Adjusted PB Ratio?

Calitech Co ROCO:6532 +2.89% 88 Cyclically Adjusted PB Ratio is 3.87 as of Sep. 03, 2026, which is 28% above its 10-year median of 3.03. GuruFocus rates ROCO:6532 with a GF Score™ of 88/100 and a GF Value™ of NT$63.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 725 Semiconductors companies, Calitech Co ranks worse than 52% on this metric.

As of today (2026-09-03), Calitech Co's current share price is NT$99.80. Calitech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$25.76. Calitech Co's Cyclically Adjusted PB Ratio for today is 3.87.

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: 3.03   Max: 4.55
Current: 3.46

During the past years, Calitech Co's highest Cyclically Adjusted PB Ratio was 4.55. The lowest was 2.08. And the median was 3.03.

ROCO:6532's Cyclically Adjusted PB Ratio is ranked worse than
52% of 725 companies
in the Semiconductors industry
Industry Median: 3.18 vs ROCO:6532: 3.46

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 Jun. 2026 was NT$33.007. 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$25.76 for the trailing ten years ended in Jun. 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
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 2.67 2.48 2.34 2.89 3.49

ROCO:6532 vs LRCX, AMAT, 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
88GF 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
=99.80/25.76
=3.87

* 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 Jun. 2026 is calculated as:

For example, Calitech 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)
=33.007/333.9520*333.9520
=33.007

Current CPI (Jun. 2026) = 333.9520.

Calitech Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.305 241.428 18.404
201612 13.889 241.432 19.211
201703 13.980 243.801 19.149
201706 13.802 244.955 18.817
201709 14.460 246.819 19.565
201712 14.994 246.524 20.312
201803 15.805 249.554 21.150
201806 15.645 251.989 20.734
201809 16.494 252.439 21.820
201812 17.344 251.233 23.055
201903 17.924 254.202 23.547
201906 16.245 256.143 21.180
201909 16.970 256.759 22.072
201912 17.670 256.974 22.963
202003 17.026 258.115 22.028
202006 20.587 257.797 26.669
202009 21.822 260.280 27.999
202012 22.208 260.474 28.473
202103 20.768 264.877 26.184
202106 21.235 271.696 26.101
202109 22.020 274.310 26.808
202112 22.841 278.802 27.359
202203 22.087 287.504 25.655
202206 23.408 296.311 26.382
202209 24.871 296.808 27.983
202212 26.128 296.797 29.399
202303 24.619 301.836 27.239
202306 25.511 305.109 27.923
202309 26.701 307.789 28.971
202312 27.455 306.746 29.890
202403 25.917 312.332 27.711
202406 26.725 314.175 28.407
202409 27.764 315.301 29.406
202412 29.091 315.605 30.782
202503 27.768 319.799 28.997
202506 27.489 322.561 28.460
202509 28.537 324.800 29.341
202512 34.001 324.054 35.040
202603 31.917 330.213 32.278
202606 33.007 333.952 33.007

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 3.87 mean?
Calitech Co (ROCO:6532) has a Cyclically Adjusted PB Ratio of 3.87 as of Sep. 03, 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 28% above median its historical median of 3.03. Over the past decade, Calitech Co's Cyclically Adjusted PB Ratio has ranged from 2.08 to 4.55. According to the industry distribution chart, Calitech Co ranks #377 out of 725 companies in the Semiconductors industry, placing it in the top 52%.
Is Calitech Co's Cyclically Adjusted PB Ratio too high?
Calitech Co's current Cyclically Adjusted PB Ratio of 3.87 is 28% above median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 4.55. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. Calitech Co's value of 3.87 is 21.7% above this industry median. Based on the distribution chart, Calitech Co ranks #377 out of 725 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Calitech Co has a GF Score™ of 88/100 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 LRCX and AMAT?
According to the Semiconductors industry distribution chart, Calitech Co ranks #377 out of 725 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 3.18. Calitech Co's value of 3.87 is 21.7% above this benchmark. Historically, Calitech Co's own Cyclically Adjusted PB Ratio has ranged from 2.08 to 4.55 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 3.18, 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 3.18, 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. Calitech Co's current Cyclically Adjusted PB Ratio of 3.87 is 21.7% 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 3.18 — 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 3.87, which is 28% above median its own 10-year median of 3.03. 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$63.33, compared to a current price of NT$99.80 — trading 57.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.87, which is 28% above median its 10-year median of 3.03 and 21.7% above the Semiconductors industry median of 3.18. Calitech Co's overall GF Score™ is 88/100 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 3.87 as of Sep. 03, 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$99.80 is trading 57.6% above its estimated GF Value™ of NT$63.33. GuruFocus considers Calitech Co to be Significantly Overvalued.

Key valuation signals for ROCO:6532:

  • Cyclically Adjusted PB Ratio: 3.87 (28% above median its 10-year median of 3.03)
  • GF Value™: NT$63.33 vs. price of NT$99.80 (57.6% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 21.7% above the Semiconductors median (#377 of 725)

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.
88GF 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$99.80
Price
NT$63.33
GF Value