Aplex Technology (ROCO:6570) Cyclically Adjusted PB Ratio: 2.16 (As of Sep. 16, 2026) — Near Median

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ROCO:6570 Aplex Technology Inc ROCO:6570
75 GF Score
Price NT$46.20
GF Value NT$50.77
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Aplex Technology Cyclically Adjusted PB Ratio?

Aplex Technology ROCO:6570 -2.12% 75 Cyclically Adjusted PB Ratio is 2.16 as of Sep. 16, 2026, which is 6% above its 10-year median of 2.03. GuruFocus rates ROCO:6570 with a GF Score™ of 75/100 and a GF Value™ of NT$50.77 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,928 Hardware companies, Aplex Technology ranks worse than 52.23% on this metric.

As of today (2026-09-16), Aplex Technology's current share price is NT$46.20. Aplex Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$21.35. Aplex Technology's Cyclically Adjusted PB Ratio for today is 2.16.

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

ROCO:6570' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.03   Max: 2.82
Current: 2.21

During the past years, Aplex Technology's highest Cyclically Adjusted PB Ratio was 2.82. The lowest was 1.79. And the median was 2.03.

ROCO:6570's Cyclically Adjusted PB Ratio is ranked worse than
52.23% of 1928 companies
in the Hardware industry
Industry Median: 2.05 vs ROCO:6570: 2.21

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.

Aplex Technology's adjusted book value per share data for the three months ended in Jun. 2026 was NT$22.726. 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$21.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aplex Technology  (ROCO:6570) 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.


Aplex Technology Cyclically Adjusted PB Ratio Related Terms


Aplex Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aplex Technology'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.

Aplex Technology Cyclically Adjusted PB Ratio Chart

Aplex Technology 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 2.68 2.68 2.52 1.80

Aplex Technology 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 1.89 2.06 1.80 1.73 2.36

ROCO:6570 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Aplex Technology'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.


Aplex Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6570
75GF Score
Aplex Technology Inc ROCO:6570
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aplex Technology 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.

Aplex Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.20/21.345
=2.16

* 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.

Aplex Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Aplex Technology'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)
=22.726/333.9520*333.9520
=22.726

Current CPI (Jun. 2026) = 333.9520.

Aplex Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.675 241.018 17.562
201612 13.379 241.432 18.506
201703 13.550 243.801 18.560
201706 12.497 244.955 17.037
201709 12.940 246.819 17.508
201712 14.107 246.524 19.110
201803 14.343 249.554 19.194
201806 13.813 251.989 18.306
201809 14.080 252.439 18.626
201812 14.979 251.233 19.911
201903 15.782 254.202 20.733
201906 14.977 256.143 19.527
201909 15.358 256.759 19.975
201912 15.921 256.974 20.690
202003 16.206 258.115 20.967
202006 17.169 257.797 22.241
202009 15.736 260.280 20.190
202012 15.825 260.474 20.289
202103 16.324 264.877 20.581
202106 17.068 271.696 20.979
202109 17.166 274.310 20.898
202112 18.324 278.802 21.949
202203 19.316 287.504 22.437
202206 17.929 296.311 20.207
202209 24.076 296.808 27.089
202212 24.661 296.797 27.748
202303 21.300 301.836 23.566
202306 21.981 305.109 24.059
202309 23.330 307.789 25.313
202312 23.099 306.746 25.148
202403 21.284 312.332 22.757
202406 21.596 314.175 22.955
202409 21.975 315.301 23.275
202412 22.263 315.605 23.557
202503 21.049 319.799 21.981
202506 20.744 322.561 21.477
202509 21.194 324.800 21.791
202512 21.924 324.054 22.594
202603 21.538 330.213 21.782
202606 22.726 333.952 22.726

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 2.16 mean?
Aplex Technology (ROCO:6570) has a Cyclically Adjusted PB Ratio of 2.16 as of Sep. 16, 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 Aplex Technology and its competitors. This is near median its historical median of 2.03. Over the past decade, Aplex Technology's Cyclically Adjusted PB Ratio has ranged from 1.79 to 2.82. According to the industry distribution chart, Aplex Technology ranks #1007 out of 1928 companies in the Hardware industry, placing it in the top 52.2%.
Is Aplex Technology's Cyclically Adjusted PB Ratio too high?
Aplex Technology's current Cyclically Adjusted PB Ratio of 2.16 is near median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 2.82. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. Aplex Technology's value of 2.16 is 5.4% above this industry median. Based on the distribution chart, Aplex Technology ranks #1007 out of 1928 companies in the Hardware industry, which is below the industry midpoint. Overall, Aplex Technology has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aplex Technology's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Aplex Technology ranks #1007 out of 1928 companies for Cyclically Adjusted PB Ratio. This places Aplex Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. Aplex Technology's value of 2.16 is 5.4% above this benchmark. Historically, Aplex Technology's own Cyclically Adjusted PB Ratio has ranged from 1.79 to 2.82 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 2.05, Aplex Technology 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.05, based on 1,928 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. Aplex Technology's current Cyclically Adjusted PB Ratio of 2.16 is 5.4% 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 Aplex Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aplex Technology's current Cyclically Adjusted PB Ratio is 2.16, which is near median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aplex Technology stock overvalued right now?
Based on GuruFocus' analysis, Aplex Technology (ROCO:6570) is currently considered Fairly Valued. The stock's GF Value™ is NT$50.77, compared to a current price of NT$46.20 — trading 9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.16, which is near median its 10-year median of 2.03 and 5.4% above the Hardware industry median of 2.05. Aplex Technology's overall GF Score™ is 75/100 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 Aplex Technology (ROCO:6570), the current Cyclically Adjusted PB Ratio is 2.16 as of Sep. 16, 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 Aplex Technology (ROCO:6570) Overvalued in 2026?

Based on GuruFocus' analysis, Aplex Technology stock appears to be undervalued. The current stock price of NT$46.20 is trading 9% below its estimated GF Value™ of NT$50.77. GuruFocus considers Aplex Technology to be Fairly Valued.

Key valuation signals for ROCO:6570:

  • Cyclically Adjusted PB Ratio: 2.16 (near median its 10-year median of 2.03)
  • GF Value™: NT$50.77 vs. price of NT$46.20 (9% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 5.4% above the Hardware median (#1007 of 1928)

No single metric tells the full story. See the ROCO:6570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aplex Technology Business Description

Address 15Floor-1, Number 186, Jian Yi Road, 15Floor-1, Number 186, Zhonghe District, New Taipei City, Taipei, TWN, 235
Aplex Technology Inc is a primary business activities include the research and development and design of industrial computers, motherboards, and related products, as well as the manufacturing, wholesale, and retail of office machinery and components. The company has single operating segment. The company's solutions includes smart factory, surveillance, control and communication, machine vision, food and beverage automation, kiosk and ticketing, ATEX oil and gas, Smart warehousing, Smart Transportation, Healthcare, APLEX IOT solutions, OEM/ODM solutions, etc. The company has presence in Europe, Americas, Asia, and Oceania. The company generates majority of revenue from Europe.
75GF Score

Get the complete analysis for ROCO:6570

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

NT$46.20
Price
NT$50.77
GF Value