Rafael Microelectronics (ROCO:6568) Cyclically Adjusted PB Ratio: 2.55 (As of Aug. 14, 2026) — Near Median

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ROCO:6568 Rafael Microelectronics Inc ROCO:6568
76 GF Score
Price NT$132.50
GF Value NT$147.42
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Rafael Microelectronics Cyclically Adjusted PB Ratio?

Rafael Microelectronics ROCO:6568 -3.28% 76 Cyclically Adjusted PB Ratio is 2.55 as of Aug. 14, 2026, which is 2% below its 10-year median of 2.60. GuruFocus rates ROCO:6568 with a GF Score™ of 76/100 and a GF Value™ of NT$147.42 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 727 Semiconductors companies, Rafael Microelectronics ranks better than 55.71% on this metric.

As of today (2026-08-14), Rafael Microelectronics's current share price is NT$132.50. Rafael Microelectronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$51.87. Rafael Microelectronics's Cyclically Adjusted PB Ratio for today is 2.55.

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

ROCO:6568' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 2.6   Max: 5.22
Current: 2.65

During the past years, Rafael Microelectronics's highest Cyclically Adjusted PB Ratio was 5.22. The lowest was 1.92. And the median was 2.60.

ROCO:6568's Cyclically Adjusted PB Ratio is ranked better than
55.71% of 727 companies
in the Semiconductors industry
Industry Median: 3.23 vs ROCO:6568: 2.65

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.

Rafael Microelectronics's adjusted book value per share data for the three months ended in Mar. 2026 was NT$49.630. 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$51.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rafael Microelectronics  (ROCO:6568) 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.


Rafael Microelectronics Cyclically Adjusted PB Ratio Related Terms


Rafael Microelectronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rafael Microelectronics'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.

Rafael Microelectronics Cyclically Adjusted PB Ratio Chart

Rafael Microelectronics 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 2.47 2.58

Rafael Microelectronics 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 2.31 2.60 2.55 2.58 4.02

ROCO:6568 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Rafael Microelectronics'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.


Rafael Microelectronics Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ROCO:6568
76GF Score
Rafael Microelectronics Inc ROCO:6568
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafael Microelectronics 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.

Rafael Microelectronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=132.50/51.87
=2.55

* 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.

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

For example, Rafael Microelectronics'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)
=49.63/330.2130*330.2130
=49.630

Current CPI (Mar. 2026) = 330.2130.

Rafael Microelectronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.345 241.018 31.984
201609 26.018 241.428 35.586
201612 35.992 241.432 49.227
201703 37.600 243.801 50.927
201706 35.287 244.955 47.569
201709 37.474 246.819 50.136
201712 39.876 246.524 53.413
201803 41.744 249.554 55.236
201806 38.955 251.989 51.048
201809 40.900 252.439 53.501
201812 43.177 251.233 56.751
201903 45.592 254.202 59.225
201906 43.342 256.143 55.875
201909 45.447 256.759 58.449
201912 46.407 256.974 59.633
202003 42.510 258.115 54.384
202006 42.847 257.797 54.883
202009 45.067 260.280 57.176
202012 46.969 260.474 59.544
202103 44.346 264.877 55.285
202106 46.332 271.696 56.311
202109 47.534 274.310 57.221
202112 48.985 278.802 58.018
202203 44.839 287.504 51.500
202206 46.601 296.311 51.933
202209 46.878 296.808 52.154
202212 48.686 296.797 54.167
202303 45.503 301.836 49.781
202306 45.879 305.109 49.654
202309 47.032 307.789 50.459
202312 45.908 306.746 49.420
202403 46.813 312.332 49.493
202406 46.303 314.175 48.667
202409 47.337 315.301 49.576
202412 47.543 315.605 49.744
202503 46.965 319.799 48.494
202506 47.201 322.561 48.321
202509 48.328 324.800 49.133
202512 50.180 324.054 51.134
202603 49.630 330.213 49.630

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 2.55 mean?
Rafael Microelectronics (ROCO:6568) has a Cyclically Adjusted PB Ratio of 2.55 as of Aug. 14, 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 Rafael Microelectronics and its competitors. This is near median its historical median of 2.60. Over the past decade, Rafael Microelectronics' Cyclically Adjusted PB Ratio has ranged from 1.92 to 5.22. According to the industry distribution chart, Rafael Microelectronics ranks #322 out of 727 companies in the Semiconductors industry, placing it in the top 44.3%.
Is Rafael Microelectronics' Cyclically Adjusted PB Ratio too high?
Rafael Microelectronics' current Cyclically Adjusted PB Ratio of 2.55 is near median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 5.22. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. Rafael Microelectronics' value of 2.55 is 21.1% below this industry median. Based on the distribution chart, Rafael Microelectronics ranks #322 out of 727 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Rafael Microelectronics has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rafael Microelectronics' Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Rafael Microelectronics ranks #322 out of 727 companies for Cyclically Adjusted PB Ratio. This puts Rafael Microelectronics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. Rafael Microelectronics' value of 2.55 is 21.1% below this benchmark. Historically, Rafael Microelectronics' own Cyclically Adjusted PB Ratio has ranged from 1.92 to 5.22 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 3.23, Rafael Microelectronics 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 727 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. Rafael Microelectronics's current Cyclically Adjusted PB Ratio of 2.55 is 21.1% 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 Rafael Microelectronics 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. Rafael Microelectronics's current Cyclically Adjusted PB Ratio is 2.55, which is near median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafael Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, Rafael Microelectronics (ROCO:6568) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$147.42, compared to a current price of NT$132.50 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.55, which is near median its 10-year median of 2.60 and 21.1% below the Semiconductors industry median of 3.23. Rafael Microelectronics' overall GF Score™ is 76/100 with 3 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 Rafael Microelectronics (ROCO:6568), the current Cyclically Adjusted PB Ratio is 2.55 as of Aug. 14, 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 Rafael Microelectronics (ROCO:6568) Overvalued in 2026?

Based on GuruFocus' analysis, Rafael Microelectronics stock appears to be undervalued. The current stock price of NT$132.50 is trading 10.1% below its estimated GF Value™ of NT$147.42. GuruFocus considers Rafael Microelectronics to be Modestly Undervalued.

Key valuation signals for ROCO:6568:

  • Cyclically Adjusted PB Ratio: 2.55 (near median its 10-year median of 2.60)
  • GF Value™: NT$147.42 vs. price of NT$132.50 (10.1% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 21.1% below the Semiconductors median (#322 of 727)

No single metric tells the full story. See the ROCO:6568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rafael Microelectronics Business Description

Address Chenggong 12th Street, 8th Floor, No.28, Hsinchu County, Zhubei, TWN, 30264
Rafael Microelectronics Inc engaged in the research and development, design, manufacturing, and marketing of radio frequency integrated circuits (RF ICs), RF integrated systems, and related products. Its products include IOT connectivity, optical networking, satellite communication, STB receivers, and TV receivers. The company's geographical segments include Taiwan, China, Europe and America, and Other parts of Asia.
76GF Score

Get the complete analysis for ROCO:6568

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

NT$132.50
Price
NT$147.42
GF Value