Onyx Healthcare (ROCO:6569) Cyclically Adjusted PB Ratio: 2.65 (As of Aug. 11, 2026) — 23% Below Median

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ROCO:6569 Onyx Healthcare Inc ROCO:6569
76 GF Score
Price NT$95.00
GF Value NT$129.08
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Onyx Healthcare Cyclically Adjusted PB Ratio?

Onyx Healthcare ROCO:6569 -2.86% 76 Cyclically Adjusted PB Ratio is 2.65 as of Aug. 11, 2026, which is 23% below its 10-year median of 3.42. GuruFocus rates ROCO:6569 with a GF Score™ of 76/100 and a GF Value™ of NT$129.08 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 353 Healthcare Providers & Services companies, Onyx Healthcare ranks worse than 66.01% on this metric.

As of today (2026-08-11), Onyx Healthcare's current share price is NT$95.00. Onyx Healthcare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$35.79. Onyx Healthcare's Cyclically Adjusted PB Ratio for today is 2.65.

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

ROCO:6569' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.6   Med: 3.42   Max: 5.68
Current: 2.73

During the past years, Onyx Healthcare's highest Cyclically Adjusted PB Ratio was 5.68. The lowest was 2.60. And the median was 3.42.

ROCO:6569's Cyclically Adjusted PB Ratio is ranked worse than
66.01% of 353 companies
in the Healthcare Providers & Services industry
Industry Median: 1.89 vs ROCO:6569: 2.73

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.

Onyx Healthcare's adjusted book value per share data for the three months ended in Mar. 2026 was NT$41.000. 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$35.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onyx Healthcare  (ROCO:6569) 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.


Onyx Healthcare Cyclically Adjusted PB Ratio Related Terms


Onyx Healthcare Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Onyx Healthcare'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.

Onyx Healthcare Cyclically Adjusted PB Ratio Chart

Onyx Healthcare 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 4.75 3.13

Onyx Healthcare 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 4.17 3.49 3.63 3.13 2.61

ROCO:6569 vs VEEV, BTSG, HQY: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, Onyx Healthcare'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.


Onyx Healthcare Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Onyx Healthcare's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6569
76GF Score
Onyx Healthcare Inc ROCO:6569
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onyx Healthcare 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.

Onyx Healthcare's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=95.00/35.79
=2.65

* 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.

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

For example, Onyx Healthcare'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)
=41/330.2130*330.2130
=41.000

Current CPI (Mar. 2026) = 330.2130.

Onyx Healthcare Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.603 241.018 13.157
201609 10.517 241.428 14.385
201612 25.122 241.432 34.360
201703 25.528 243.801 34.576
201706 23.054 244.955 31.078
201709 23.761 246.819 31.789
201712 24.676 246.524 33.053
201803 24.786 249.554 32.797
201806 23.159 251.989 30.348
201809 25.742 252.439 33.673
201812 25.746 251.233 33.840
201903 27.213 254.202 35.350
201906 26.196 256.143 33.771
201909 27.237 256.759 35.029
201912 28.580 256.974 36.725
202003 28.615 258.115 36.608
202006 26.492 257.797 33.934
202009 27.624 260.280 35.046
202012 29.573 260.474 37.491
202103 30.133 264.877 37.566
202106 26.424 271.696 32.115
202109 26.948 274.310 32.440
202112 29.089 278.802 34.453
202203 37.410 287.504 42.967
202206 32.621 296.311 36.353
202209 34.295 296.808 38.155
202212 36.391 296.797 40.488
202303 37.964 301.836 41.533
202306 35.558 305.109 38.484
202309 37.823 307.789 40.579
202312 39.221 306.746 42.222
202403 40.795 312.332 43.131
202406 37.548 314.175 39.465
202409 38.249 315.301 40.058
202412 39.987 315.605 41.838
202503 40.940 319.799 42.273
202506 38.131 322.561 39.036
202509 38.896 324.800 39.544
202512 40.187 324.054 40.951
202603 41.000 330.213 41.000

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 2.65 mean?
Onyx Healthcare (ROCO:6569) has a Cyclically Adjusted PB Ratio of 2.65 as of Aug. 11, 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 Onyx Healthcare and its competitors. This is 23% below median its historical median of 3.42. Over the past decade, Onyx Healthcare's Cyclically Adjusted PB Ratio has ranged from 2.60 to 5.68. According to the industry distribution chart, Onyx Healthcare ranks #233 out of 353 companies in the Healthcare Providers & Services industry, placing it in the top 66%.
Is Onyx Healthcare's Cyclically Adjusted PB Ratio too high?
Onyx Healthcare's current Cyclically Adjusted PB Ratio of 2.65 is 23% below median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 2.60 to a high of 5.68. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.89. Onyx Healthcare's value of 2.65 is 40.2% above this industry median. Based on the distribution chart, Onyx Healthcare ranks #233 out of 353 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Onyx Healthcare has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onyx Healthcare's Cyclically Adjusted PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Onyx Healthcare ranks #233 out of 353 companies for Cyclically Adjusted PB Ratio. This places Onyx Healthcare in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.89. Onyx Healthcare's value of 2.65 is 40.2% above this benchmark. Historically, Onyx Healthcare's own Cyclically Adjusted PB Ratio has ranged from 2.60 to 5.68 over the past decade. While the company's 10-year median is 3.42 vs. the industry median of 1.89, Onyx Healthcare 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.89, based on 353 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. Onyx Healthcare's current Cyclically Adjusted PB Ratio of 2.65 is 40.2% 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 Onyx Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onyx Healthcare's current Cyclically Adjusted PB Ratio is 2.65, which is 23% below median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onyx Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Onyx Healthcare (ROCO:6569) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$129.08, compared to a current price of NT$95.00 — trading 26.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.65, which is 23% below median its 10-year median of 3.42 and 40.2% above the Healthcare Providers & Services industry median of 1.89. Onyx Healthcare's overall GF Score™ is 76/100 with 6 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 Onyx Healthcare (ROCO:6569), the current Cyclically Adjusted PB Ratio is 2.65 as of Aug. 11, 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 Onyx Healthcare (ROCO:6569) Overvalued in 2026?

Based on GuruFocus' analysis, Onyx Healthcare stock appears to be undervalued. The current stock price of NT$95.00 is trading 26.4% below its estimated GF Value™ of NT$129.08. GuruFocus considers Onyx Healthcare to be Modestly Undervalued.

Key valuation signals for ROCO:6569:

  • Cyclically Adjusted PB Ratio: 2.65 (23% below median its 10-year median of 3.42)
  • GF Value™: NT$129.08 vs. price of NT$95.00 (26.4% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 40.2% above the Healthcare Providers & Services median (#233 of 353)

No single metric tells the full story. See the ROCO:6569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onyx Healthcare Business Description

Address No. 135, Lane 235, Baoqiao Road, 4th Floor, Xindian District, New Taipei, TWN, 231028
Onyx Healthcare Inc is engaged in designing, manufacturing, and trading of medical computers and peripherals. The company provides medical products such as AI Ready Medical PC and Tablet, Medical PC & Monitor for Digital OR (ACCEL), Telemedicine, Medical Cart Computer(Venus), Medical Power Panel PC (Mini Venus), Power Bank (UPower), Battery Management System (ORION), Mobile Medical Tablet (MD), Professional Medical All in One PC (ZEUS), etc. It operates in Taiwan, the United States, Europe, and Other countries and generates maximum revenue from Taiwan.
76GF Score

Get the complete analysis for ROCO:6569

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

NT$95.00
Price
NT$129.08
GF Value