UHT Unitech Co (ROCO:6618) Cyclically Adjusted PB Ratio: 2.82 (As of Aug. 23, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6618 UHT Unitech Co Ltd ROCO:6618
52 GF Score
Price NT$19.95
GF Value NT$5.88
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is UHT Unitech Co Cyclically Adjusted PB Ratio?

UHT Unitech Co ROCO:6618 -0.50% 52 Cyclically Adjusted PB Ratio is 2.82 as of Aug. 23, 2026, which is 7% below its 10-year median of 3.02. GuruFocus rates ROCO:6618 with a GF Score™ of 52/100 and a GF Value™ of NT$5.88 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,133 Industrial Products companies, UHT Unitech Co ranks worse than 60.62% on this metric.

As of today (2026-08-23), UHT Unitech Co's current share price is NT$19.95. UHT Unitech Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$7.08. UHT Unitech Co's Cyclically Adjusted PB Ratio for today is 2.82.

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

ROCO:6618' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2   Med: 3.02   Max: 4.92
Current: 2.82

During the past 13 years, UHT Unitech Co's highest Cyclically Adjusted PB Ratio was 4.92. The lowest was 2.00. And the median was 3.02.

ROCO:6618's Cyclically Adjusted PB Ratio is ranked worse than
60.62% of 2133 companies
in the Industrial Products industry
Industry Median: 2.09 vs ROCO:6618: 2.82

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.

UHT Unitech Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$5.821. 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$7.08 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


UHT Unitech Co  (ROCO:6618) 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.


UHT Unitech Co Cyclically Adjusted PB Ratio Related Terms


UHT Unitech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UHT Unitech 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.

UHT Unitech Co Cyclically Adjusted PB Ratio Chart

UHT Unitech 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 2.09 3.21 3.17 3.08

UHT Unitech 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 3.21 0.00 3.17 0.00 3.08

ROCO:6618 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, UHT Unitech 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.


UHT Unitech Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, UHT Unitech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6618
52GF Score
UHT Unitech Co Ltd ROCO:6618
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UHT Unitech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.95/7.08
=2.82

* 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.

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

For example, UHT Unitech 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)
=5.821/324.0540*324.0540
=5.821

Current CPI (Dec25) = 324.0540.

UHT Unitech Co Annual Data

Book Value per Share CPI Adj_Book
201612 4.037 241.432 5.419
201712 7.659 246.524 10.068
201812 10.697 251.233 13.798
201912 7.642 256.974 9.637
202012 4.437 260.474 5.520
202112 2.942 278.802 3.420
202212 4.095 296.797 4.471
202312 5.221 306.746 5.516
202412 6.933 315.605 7.119
202512 5.821 324.054 5.821

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 2.82 mean?
UHT Unitech Co (ROCO:6618) has a Cyclically Adjusted PB Ratio of 2.82 as of Aug. 23, 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 UHT Unitech Co and its competitors. This is near median its historical median of 3.02. Over the past decade, UHT Unitech Co's Cyclically Adjusted PB Ratio has ranged from 2.00 to 4.92. According to the industry distribution chart, UHT Unitech Co ranks #1293 out of 2133 companies in the Industrial Products industry, placing it in the top 60.6%.
Is UHT Unitech Co's Cyclically Adjusted PB Ratio too high?
UHT Unitech Co's current Cyclically Adjusted PB Ratio of 2.82 is near median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.92. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.09. UHT Unitech Co's value of 2.82 is 34.9% above this industry median. Based on the distribution chart, UHT Unitech Co ranks #1293 out of 2133 companies in the Industrial Products industry, which is below the industry midpoint. Overall, UHT Unitech Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UHT Unitech Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, UHT Unitech Co ranks #1293 out of 2133 companies for Cyclically Adjusted PB Ratio. This places UHT Unitech Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. UHT Unitech Co's value of 2.82 is 34.9% above this benchmark. Historically, UHT Unitech Co's own Cyclically Adjusted PB Ratio has ranged from 2.00 to 4.92 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 2.09, UHT Unitech 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.09, based on 2,133 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. UHT Unitech Co's current Cyclically Adjusted PB Ratio of 2.82 is 34.9% 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 UHT Unitech Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UHT Unitech Co's current Cyclically Adjusted PB Ratio is 2.82, which is near median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UHT Unitech Co stock overvalued right now?
Based on GuruFocus' analysis, UHT Unitech Co (ROCO:6618) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.88, compared to a current price of NT$19.95 — trading 239.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.82, which is near median its 10-year median of 3.02 and 34.9% above the Industrial Products industry median of 2.09. UHT Unitech Co's overall GF Score™ is 52/100 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 UHT Unitech Co (ROCO:6618), the current Cyclically Adjusted PB Ratio is 2.82 as of Aug. 23, 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 UHT Unitech Co (ROCO:6618) Overvalued in 2026?

Based on GuruFocus' analysis, UHT Unitech Co stock appears to be overvalued. The current stock price of NT$19.95 is trading 239.3% above its estimated GF Value™ of NT$5.88. GuruFocus considers UHT Unitech Co to be Significantly Overvalued.

Key valuation signals for ROCO:6618:

  • Cyclically Adjusted PB Ratio: 2.82 (near median its 10-year median of 3.02)
  • GF Value™: NT$5.88 vs. price of NT$19.95 (239.3% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 34.9% above the Industrial Products median (#1293 of 2133)

No single metric tells the full story. See the ROCO:6618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UHT Unitech Co Business Description

Address No.8-2, Dingning Road, Zhongli District, Taoyuan, Taipei, TWN, 320
UHT Unitech Co Ltd is engaged in the manufacturing of IM/ HM carbon fibers. Its products include U30, U40 and UT900 carbon fiber. The company's products can be applied to energy, automotive, aerospace and other industries.
52GF Score

Get the complete analysis for ROCO:6618

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

NT$19.95
Price
NT$5.88
GF Value