Mars Semiconductor (ROCO:6708) Cyclically Adjusted PB Ratio: 2.71 (As of Aug. 28, 2026) — 10% Below Median

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ROCO:6708 Mars Semiconductor Corp ROCO:6708
84 GF Score
Price NT$37.50
GF Value NT$51.67
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mars Semiconductor Cyclically Adjusted PB Ratio?

Mars Semiconductor ROCO:6708 -0.13% 84 Cyclically Adjusted PB Ratio is 2.71 as of Aug. 28, 2026, which is 10% below its 10-year median of 3.02. GuruFocus rates ROCO:6708 with a GF Score™ of 84/100 and a GF Value™ of NT$51.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,931 Hardware companies, Mars Semiconductor ranks worse than 60.18% on this metric.

As of today (2026-08-28), Mars Semiconductor's current share price is NT$37.50. Mars Semiconductor's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$13.86. Mars Semiconductor's Cyclically Adjusted PB Ratio for today is 2.71.

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

ROCO:6708' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.71   Med: 3.02   Max: 3.17
Current: 2.71

During the past 10 years, Mars Semiconductor's highest Cyclically Adjusted PB Ratio was 3.17. The lowest was 2.71. And the median was 3.02.

ROCO:6708's Cyclically Adjusted PB Ratio is ranked worse than
60.18% of 1931 companies
in the Hardware industry
Industry Median: 2.05 vs ROCO:6708: 2.71

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.

Mars Semiconductor's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$13.217. 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$13.86 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mars Semiconductor  (ROCO:6708) 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.


Mars Semiconductor Cyclically Adjusted PB Ratio Related Terms


Mars Semiconductor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mars Semiconductor'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.

Mars Semiconductor Cyclically Adjusted PB Ratio Chart

Mars Semiconductor 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 0.00 2.97

Mars Semiconductor 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 0.00 0.00 2.97 0.00 0.00

ROCO:6708 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Mars Semiconductor'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.


Mars Semiconductor Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:6708
84GF Score
Mars Semiconductor Corp ROCO:6708
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mars Semiconductor 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.

Mars Semiconductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.50/13.86
=2.71

* 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.

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

For example, Mars Semiconductor'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)
=13.217/324.0540*324.0540
=13.217

Current CPI (Dec25) = 324.0540.

Mars Semiconductor Annual Data

Book Value per Share CPI Adj_Book
201612 9.162 241.432 12.297
201712 9.843 246.524 12.939
201812 10.468 251.233 13.502
201912 10.700 256.974 13.493
202012 10.626 260.474 13.220
202112 11.396 278.802 13.246
202212 16.283 296.797 17.778
202312 14.355 306.746 15.165
202412 13.388 315.605 13.746
202512 13.217 324.054 13.217

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 2.71 mean?
Mars Semiconductor (ROCO:6708) has a Cyclically Adjusted PB Ratio of 2.71 as of Aug. 28, 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 Mars Semiconductor and its competitors. This is 10% below median its historical median of 3.02. Over the past decade, Mars Semiconductor's Cyclically Adjusted PB Ratio has ranged from 2.71 to 3.17. According to the industry distribution chart, Mars Semiconductor ranks #1162 out of 1931 companies in the Hardware industry, placing it in the top 60.2%.
Is Mars Semiconductor's Cyclically Adjusted PB Ratio too high?
Mars Semiconductor's current Cyclically Adjusted PB Ratio of 2.71 is 10% below median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 3.17. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. Mars Semiconductor's value of 2.71 is 32.2% above this industry median. Based on the distribution chart, Mars Semiconductor ranks #1162 out of 1931 companies in the Hardware industry, which is below the industry midpoint. Overall, Mars Semiconductor has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mars Semiconductor's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Mars Semiconductor ranks #1162 out of 1931 companies for Cyclically Adjusted PB Ratio. This places Mars Semiconductor in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. Mars Semiconductor's value of 2.71 is 32.2% above this benchmark. Historically, Mars Semiconductor's own Cyclically Adjusted PB Ratio has ranged from 2.71 to 3.17 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 2.05, Mars Semiconductor 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 1,931 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. Mars Semiconductor's current Cyclically Adjusted PB Ratio of 2.71 is 32.2% 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 Mars Semiconductor 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. Mars Semiconductor's current Cyclically Adjusted PB Ratio is 2.71, which is 10% below 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 Mars Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Mars Semiconductor (ROCO:6708) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$51.67, compared to a current price of NT$37.50 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.71, which is 10% below median its 10-year median of 3.02 and 32.2% above the Hardware industry median of 2.05. Mars Semiconductor's overall GF Score™ is 84/100 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 Mars Semiconductor (ROCO:6708), the current Cyclically Adjusted PB Ratio is 2.71 as of Aug. 28, 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 Mars Semiconductor (ROCO:6708) Overvalued in 2026?

Based on GuruFocus' analysis, Mars Semiconductor stock appears to be undervalued. The current stock price of NT$37.50 is trading 27.4% below its estimated GF Value™ of NT$51.67. GuruFocus considers Mars Semiconductor to be Modestly Undervalued.

Key valuation signals for ROCO:6708:

  • Cyclically Adjusted PB Ratio: 2.71 (10% below median its 10-year median of 3.02)
  • GF Value™: NT$51.67 vs. price of NT$37.50 (27.4% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 32.2% above the Hardware median (#1162 of 1931)

No single metric tells the full story. See the ROCO:6708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mars Semiconductor Business Description

Address No. 1, Lixing 1st Road, Room C5, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN
Mars Semiconductor Corp is a bandwidth wireless audio and video chip design company. It provides wireless cloud system service (SaaS) software and hardware integration services. The company's products include wireless home security, wireless cars, and wireless baby monitors.
84GF Score

Get the complete analysis for ROCO:6708

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

NT$37.50
Price
NT$51.67
GF Value