ThroughTek Co (ROCO:6565) Cyclically Adjusted PB Ratio: 2.51 (As of Aug. 10, 2026) — 10% Below Median

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ROCO:6565 ThroughTek Co Ltd ROCO:6565
66 GF Score
Price NT$15.65
GF Value NT$40.07
Valuation Significantly Undervalued
! 2 Warning Signs
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What is ThroughTek Co Cyclically Adjusted PB Ratio?

ThroughTek Co ROCO:6565 -1.57% 66 Cyclically Adjusted PB Ratio is 2.51 as of Aug. 10, 2026, which is 10% below its 10-year median of 2.78. GuruFocus rates ROCO:6565 with a GF Score™ of 66/100 and a GF Value™ of NT$40.07 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,558 Software companies, ThroughTek Co ranks worse than 53.15% on this metric.

As of today (2026-08-10), ThroughTek Co's current share price is NT$15.65. ThroughTek Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$6.23. ThroughTek Co's Cyclically Adjusted PB Ratio for today is 2.51.

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

ROCO:6565' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.78   Max: 4.36
Current: 2.55

During the past 13 years, ThroughTek Co's highest Cyclically Adjusted PB Ratio was 4.36. The lowest was 1.68. And the median was 2.78.

ROCO:6565's Cyclically Adjusted PB Ratio is ranked worse than
53.15% of 1558 companies
in the Software industry
Industry Median: 2.31 vs ROCO:6565: 2.55

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.

ThroughTek Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$4.833. 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$6.23 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


ThroughTek Co  (ROCO:6565) 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.


ThroughTek Co Cyclically Adjusted PB Ratio Related Terms


ThroughTek Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ThroughTek 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.

ThroughTek Co Cyclically Adjusted PB Ratio Chart

ThroughTek 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 2.92 1.63 2.69 2.97 2.86

ThroughTek Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.69 0.00 2.97 0.00 2.86

ROCO:6565 vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, ThroughTek 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.


ThroughTek Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


ROCO:6565
66GF Score
ThroughTek Co Ltd ROCO:6565
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ThroughTek 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.65/6.23
=2.51

* 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.

ThroughTek Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, ThroughTek Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.833/324.0540*324.0540
=4.833

Current CPI (Dec25) = 324.0540.

ThroughTek Co Annual Data

Book Value per Share CPI Adj_Book
201612 5.141 241.432 6.900
201712 8.070 246.524 10.608
201812 6.191 251.233 7.985
201912 4.975 256.974 6.274
202012 5.495 260.474 6.836
202112 5.696 278.802 6.621
202212 4.451 296.797 4.860
202312 3.334 306.746 3.522
202412 3.781 315.605 3.882
202512 4.833 324.054 4.833

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 2.51 mean?
ThroughTek Co (ROCO:6565) has a Cyclically Adjusted PB Ratio of 2.51 as of Aug. 10, 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 ThroughTek Co and its competitors. This is 10% below median its historical median of 2.78. Over the past decade, ThroughTek Co's Cyclically Adjusted PB Ratio has ranged from 1.68 to 4.36. According to the industry distribution chart, ThroughTek Co ranks #828 out of 1558 companies in the Software industry, placing it in the top 53.1%.
Is ThroughTek Co's Cyclically Adjusted PB Ratio too high?
ThroughTek Co's current Cyclically Adjusted PB Ratio of 2.51 is 10% below median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 4.36. The Software industry median Cyclically Adjusted PB Ratio is 2.31. ThroughTek Co's value of 2.51 is 8.7% above this industry median. Based on the distribution chart, ThroughTek Co ranks #828 out of 1558 companies in the Software industry, which is below the industry midpoint. Overall, ThroughTek Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ThroughTek Co's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, ThroughTek Co ranks #828 out of 1558 companies for Cyclically Adjusted PB Ratio. This places ThroughTek Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. ThroughTek Co's value of 2.51 is 8.7% above this benchmark. Historically, ThroughTek Co's own Cyclically Adjusted PB Ratio has ranged from 1.68 to 4.36 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 2.31, ThroughTek 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,558 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. ThroughTek Co's current Cyclically Adjusted PB Ratio of 2.51 is 8.7% 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 ThroughTek Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ThroughTek Co's current Cyclically Adjusted PB Ratio is 2.51, which is 10% below median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ThroughTek Co stock overvalued right now?
Based on GuruFocus' analysis, ThroughTek Co (ROCO:6565) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$40.07, compared to a current price of NT$15.65 — trading 60.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 10% below median its 10-year median of 2.78 and 8.7% above the Software industry median of 2.31. ThroughTek Co's overall GF Score™ is 66/100 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 ThroughTek Co (ROCO:6565), the current Cyclically Adjusted PB Ratio is 2.51 as of Aug. 10, 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 ThroughTek Co (ROCO:6565) Overvalued in 2026?

Based on GuruFocus' analysis, ThroughTek Co stock appears to be undervalued. The current stock price of NT$15.65 is trading 60.9% below its estimated GF Value™ of NT$40.07. GuruFocus considers ThroughTek Co to be Significantly Undervalued.

Key valuation signals for ROCO:6565:

  • Cyclically Adjusted PB Ratio: 2.51 (10% below median its 10-year median of 2.78)
  • GF Value™: NT$40.07 vs. price of NT$15.65 (60.9% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 8.7% above the Software median (#828 of 1558)

No single metric tells the full story. See the ROCO:6565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ThroughTek Co Business Description

Address Lane 12, Xingzhong Road, 5th Floor, No. 21, Nangang District, Taipei, TWN, 11579
ThroughTek Co Ltd is a Taiwan-based company involved in network monitoring device-related software or firmware development services, IoT cloud connection platform software or firmware solution services, cloud services, cloud platform licensing and smart home networking product. The solutions provided by the company include Streaming Service, Video Recording, Two-Way Communication, Connected Car, Data Analytics and Home Automation among others.
66GF Score

Get the complete analysis for ROCO:6565

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

NT$15.65
Price
NT$40.07
GF Value