Alcor Micro (ROCO:8054) Cyclically Adjusted PB Ratio: 2.54 (As of Sep. 02, 2026) — 48% Above Median

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ROCO:8054 Alcor Micro Corp ROCO:8054
65 GF Score
Price NT$83.70
GF Value NT$228.66
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Alcor Micro Cyclically Adjusted PB Ratio?

Alcor Micro ROCO:8054 +0.97% 65 Cyclically Adjusted PB Ratio is 2.54 as of Sep. 02, 2026, which is 48% above its 10-year median of 1.72. GuruFocus rates ROCO:8054 with a GF Score™ of 65/100 and a GF Value™ of NT$228.66 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,928 Hardware companies, Alcor Micro ranks worse than 57.21% on this metric.

As of today (2026-09-02), Alcor Micro's current share price is NT$83.70. Alcor Micro's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$32.89. Alcor Micro's Cyclically Adjusted PB Ratio for today is 2.54.

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

ROCO:8054' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.72   Max: 6.23
Current: 2.57

During the past years, Alcor Micro's highest Cyclically Adjusted PB Ratio was 6.23. The lowest was 0.37. And the median was 1.72.

ROCO:8054's Cyclically Adjusted PB Ratio is ranked worse than
57.21% of 1928 companies
in the Hardware industry
Industry Median: 2.08 vs ROCO:8054: 2.57

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.

Alcor Micro's adjusted book value per share data for the three months ended in Jun. 2026 was NT$24.223. 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$32.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alcor Micro  (ROCO:8054) 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.


Alcor Micro Cyclically Adjusted PB Ratio Related Terms


Alcor Micro Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alcor Micro'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.

Alcor Micro Cyclically Adjusted PB Ratio Chart

Alcor Micro 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 2.00 0.94 3.56 4.17 4.39

Alcor Micro 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 3.54 3.11 4.39 2.77 3.62

ROCO:8054 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Alcor Micro'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.


Alcor Micro Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:8054
65GF Score
Alcor Micro Corp ROCO:8054
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alcor Micro 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.

Alcor Micro's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.70/32.89
=2.54

* 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.

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

For example, Alcor Micro'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)
=24.223/333.9520*333.9520
=24.223

Current CPI (Jun. 2026) = 333.9520.

Alcor Micro Quarterly Data

Book Value per Share CPI Adj_Book
201609 25.935 241.428 35.874
201612 25.884 241.432 35.803
201703 26.223 243.801 35.920
201706 26.196 244.955 35.714
201709 26.468 246.819 35.812
201712 26.301 246.524 35.628
201803 27.405 249.554 36.673
201806 27.076 251.989 35.883
201809 27.159 252.439 35.929
201812 27.120 251.233 36.049
201903 27.082 254.202 35.578
201906 26.609 256.143 34.692
201909 27.355 256.759 35.579
201912 26.893 256.974 34.949
202003 26.128 258.115 33.805
202006 25.638 257.797 33.212
202009 25.698 260.280 32.972
202012 27.315 260.474 35.020
202103 27.342 264.877 34.472
202106 28.145 271.696 34.594
202109 30.667 274.310 37.335
202112 32.562 278.802 39.003
202203 29.701 287.504 34.499
202206 30.255 296.311 34.098
202209 30.163 296.808 33.938
202212 29.841 296.797 33.577
202303 28.781 301.836 31.843
202306 29.827 305.109 32.647
202309 30.573 307.789 33.172
202312 29.916 306.746 32.569
202403 29.341 312.332 31.372
202406 26.564 314.175 28.236
202409 25.025 315.301 26.505
202412 23.168 315.605 24.515
202503 28.274 319.799 29.525
202506 26.655 322.561 27.596
202509 25.783 324.800 26.509
202512 24.803 324.054 25.561
202603 24.524 330.213 24.802
202606 24.223 333.952 24.223

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 2.54 mean?
Alcor Micro (ROCO:8054) has a Cyclically Adjusted PB Ratio of 2.54 as of Sep. 02, 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 Alcor Micro and its competitors. This is 48% above median its historical median of 1.72. Over the past decade, Alcor Micro's Cyclically Adjusted PB Ratio has ranged from 0.37 to 6.23. According to the industry distribution chart, Alcor Micro ranks #1103 out of 1928 companies in the Hardware industry, placing it in the top 57.2%.
Is Alcor Micro's Cyclically Adjusted PB Ratio too high?
Alcor Micro's current Cyclically Adjusted PB Ratio of 2.54 is 48% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 6.23. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Alcor Micro's value of 2.54 is 22.1% above this industry median. Based on the distribution chart, Alcor Micro ranks #1103 out of 1928 companies in the Hardware industry, which is below the industry midpoint. Overall, Alcor Micro has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alcor Micro's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Alcor Micro ranks #1103 out of 1928 companies for Cyclically Adjusted PB Ratio. This places Alcor Micro in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Alcor Micro's value of 2.54 is 22.1% above this benchmark. Historically, Alcor Micro's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 6.23 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 2.08, Alcor Micro 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 2.08, 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. Alcor Micro's current Cyclically Adjusted PB Ratio of 2.54 is 22.1% 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 Alcor Micro and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcor Micro's current Cyclically Adjusted PB Ratio is 2.54, which is 48% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcor Micro stock overvalued right now?
Based on GuruFocus' analysis, Alcor Micro (ROCO:8054) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$228.66, compared to a current price of NT$83.70 — trading 63.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.54, which is 48% above median its 10-year median of 1.72 and 22.1% above the Hardware industry median of 2.08. Alcor Micro's overall GF Score™ is 65/100 with 5 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 Alcor Micro (ROCO:8054), the current Cyclically Adjusted PB Ratio is 2.54 as of Sep. 02, 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 Alcor Micro (ROCO:8054) Overvalued in 2026?

Based on GuruFocus' analysis, Alcor Micro stock appears to be undervalued. The current stock price of NT$83.70 is trading 63.4% below its estimated GF Value™ of NT$228.66. GuruFocus considers Alcor Micro to be Significantly Undervalued.

Key valuation signals for ROCO:8054:

  • Cyclically Adjusted PB Ratio: 2.54 (48% above median its 10-year median of 1.72)
  • GF Value™: NT$228.66 vs. price of NT$83.70 (63.4% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 22.1% above the Hardware median (#1103 of 1928)

No single metric tells the full story. See the ROCO:8054 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alcor Micro Business Description

Address No.66, Sanchong Road, 9th Floor, Nangang District, Taipei City, TWN, 115
Alcor Micro Corp designs develops, and markets integrated semiconductors as well as software solutions for personal computer peripherals and consumer electronics in Taiwan. Its products include SD card controllers, USB flash drive controllers, and SSD controllers. The Group is engaged in the design and sale of integrated circuit products and the Group operate in a single segment and product line. The company operates in China, Taiwan, Korea and Others. It derives maximum revenue from China.
65GF Score

Get the complete analysis for ROCO:8054

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

NT$83.70
Price
NT$228.66
GF Value