MAYO Human Capital (ROCO:6738) Cyclically Adjusted PB Ratio: 34.87 (As of Aug. 19, 2026) — Near Median

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ROCO:6738 MAYO Human Capital Inc ROCO:6738
60 GF Score
Price NT$79.50
GF Value NT$35.48
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is MAYO Human Capital Cyclically Adjusted PB Ratio?

MAYO Human Capital ROCO:6738 +0.38% 60 Cyclically Adjusted PB Ratio is 34.87 as of Aug. 19, 2026, which is 8% above its 10-year median of 32.32. GuruFocus rates ROCO:6738 with a GF Score™ of 60/100 and a GF Value™ of NT$35.48 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,543 Software companies, MAYO Human Capital ranks worse than 97.8% on this metric.

As of today (2026-08-19), MAYO Human Capital's current share price is NT$79.50. MAYO Human Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$2.28. MAYO Human Capital's Cyclically Adjusted PB Ratio for today is 34.87.

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

ROCO:6738' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 28.33   Med: 32.32   Max: 35.22
Current: 34.99

During the past 10 years, MAYO Human Capital's highest Cyclically Adjusted PB Ratio was 35.22. The lowest was 28.33. And the median was 32.32.

ROCO:6738's Cyclically Adjusted PB Ratio is ranked worse than
97.8% of 1543 companies
in the Software industry
Industry Median: 2.34 vs ROCO:6738: 34.99

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.

MAYO Human Capital's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$5.836. 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$2.28 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


MAYO Human Capital  (ROCO:6738) 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.


MAYO Human Capital Cyclically Adjusted PB Ratio Related Terms


MAYO Human Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MAYO Human Capital'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.

MAYO Human Capital Cyclically Adjusted PB Ratio Chart

MAYO Human Capital 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 35.08

MAYO Human Capital Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 0.00 0.00 35.08 0.00

ROCO:6738 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, MAYO Human Capital'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.


MAYO Human Capital Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, MAYO Human Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MAYO Human Capital's Cyclically Adjusted PB Ratio falls into.


ROCO:6738
60GF Score
MAYO Human Capital Inc ROCO:6738
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAYO Human Capital 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.

MAYO Human Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.50/2.28
=34.87

* 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.

MAYO Human Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, MAYO Human Capital'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)
=5.836/324.0540*324.0540
=5.836

Current CPI (Dec25) = 324.0540.

MAYO Human Capital Annual Data

Book Value per Share CPI Adj_Book
201612 1.972 241.432 2.647
201712 0.161 246.524 0.212
201812 0.763 251.233 0.984
201912 2.588 256.974 3.264
202012 2.533 260.474 3.151
202112 0.738 278.802 0.858
202212 2.013 296.797 2.198
202312 1.377 306.746 1.455
202412 2.146 315.605 2.203
202512 5.836 324.054 5.836

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 34.87 mean?
MAYO Human Capital (ROCO:6738) has a Cyclically Adjusted PB Ratio of 34.87 as of Aug. 19, 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 MAYO Human Capital and its competitors. This is near median its historical median of 32.32. Over the past decade, MAYO Human Capital's Cyclically Adjusted PB Ratio has ranged from 28.33 to 35.22. According to the industry distribution chart, MAYO Human Capital ranks #1509 out of 1543 companies in the Software industry, placing it in the top 97.8%.
Is MAYO Human Capital's Cyclically Adjusted PB Ratio too high?
MAYO Human Capital's current Cyclically Adjusted PB Ratio of 34.87 is near median its 10-year median of 32.32. Over the past 10 years, this metric has ranged from a low of 28.33 to a high of 35.22. The Software industry median Cyclically Adjusted PB Ratio is 2.34. MAYO Human Capital's value of 34.87 is 1390.2% above this industry median. Based on the distribution chart, MAYO Human Capital ranks #1509 out of 1543 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, MAYO Human Capital has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MAYO Human Capital's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, MAYO Human Capital ranks #1509 out of 1543 companies for Cyclically Adjusted PB Ratio. This places MAYO Human Capital in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. MAYO Human Capital's value of 34.87 is 1390.2% above this benchmark. Historically, MAYO Human Capital's own Cyclically Adjusted PB Ratio has ranged from 28.33 to 35.22 over the past decade. While the company's 10-year median is 32.32 vs. the industry median of 2.34, MAYO Human Capital 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,543 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. MAYO Human Capital's current Cyclically Adjusted PB Ratio of 34.87 is 1390.2% 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 MAYO Human Capital and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAYO Human Capital's current Cyclically Adjusted PB Ratio is 34.87, which is near median its own 10-year median of 32.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAYO Human Capital stock overvalued right now?
Based on GuruFocus' analysis, MAYO Human Capital (ROCO:6738) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$35.48, compared to a current price of NT$79.50 — trading 124.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 34.87, which is near median its 10-year median of 32.32 and 1390.2% above the Software industry median of 2.34. MAYO Human Capital's overall GF Score™ is 60/100 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 MAYO Human Capital (ROCO:6738), the current Cyclically Adjusted PB Ratio is 34.87 as of Aug. 19, 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 MAYO Human Capital (ROCO:6738) Overvalued in 2026?

Based on GuruFocus' analysis, MAYO Human Capital stock appears to be overvalued. The current stock price of NT$79.50 is trading 124.1% above its estimated GF Value™ of NT$35.48. GuruFocus considers MAYO Human Capital to be Significantly Overvalued.

Key valuation signals for ROCO:6738:

  • Cyclically Adjusted PB Ratio: 34.87 (near median its 10-year median of 32.32)
  • GF Value™: NT$35.48 vs. price of NT$79.50 (124.1% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 1390.2% above the Software median (#1509 of 1543)

No single metric tells the full story. See the ROCO:6738 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MAYO Human Capital Business Description

Address No. 195, Fuxing Second Road, Hsinchu County, Zhubei, TWN, 30271
MAYO Human Capital Inc provides cloud human resource management software and related services.
60GF Score

Get the complete analysis for ROCO:6738

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

NT$79.50
Price
NT$35.48
GF Value