E Ink Holdings (ROCO:8069) Cyclically Adjusted PB Ratio: 4.29 (As of Aug. 12, 2026) — 22% Below Median

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ROCO:8069 E Ink Holdings Inc ROCO:8069
85 GF Score
Price NT$165.00
GF Value NT$253.26
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is E Ink Holdings Cyclically Adjusted PB Ratio?

E Ink Holdings ROCO:8069 -6.52% 85 Cyclically Adjusted PB Ratio is 4.29 as of Aug. 12, 2026, which is 22% below its 10-year median of 5.51. GuruFocus rates ROCO:8069 with a GF Score™ of 85/100 and a GF Value™ of NT$253.26 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,965 Hardware companies, E Ink Holdings ranks worse than 78.83% on this metric.

As of today (2026-08-12), E Ink Holdings's current share price is NT$165.00. E Ink Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$38.42. E Ink Holdings's Cyclically Adjusted PB Ratio for today is 4.29.

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

ROCO:8069' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 5.51   Max: 9.55
Current: 5.1

During the past years, E Ink Holdings's highest Cyclically Adjusted PB Ratio was 9.55. The lowest was 0.90. And the median was 5.51.

ROCO:8069's Cyclically Adjusted PB Ratio is ranked worse than
78.83% of 1965 companies
in the Hardware industry
Industry Median: 2.07 vs ROCO:8069: 5.10

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.

E Ink Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was NT$55.909. 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$38.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


E Ink Holdings  (ROCO:8069) 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.


E Ink Holdings Cyclically Adjusted PB Ratio Related Terms


E Ink Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for E Ink Holdings'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.

E Ink Holdings Cyclically Adjusted PB Ratio Chart

E Ink Holdings 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 5.58 5.49 6.28 8.05 5.34

E Ink Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.61 6.20 6.59 5.34 3.55

ROCO:8069 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, E Ink Holdings'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.


E Ink Holdings Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where E Ink Holdings's Cyclically Adjusted PB Ratio falls into.


ROCO:8069
85GF Score
E Ink Holdings Inc ROCO:8069
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E Ink Holdings 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.

E Ink Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=165.00/38.42
=4.29

* 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.

E Ink Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, E Ink Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=55.909/330.2130*330.2130
=55.909

Current CPI (Mar. 2026) = 330.2130.

E Ink Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.239 241.018 31.839
201609 23.415 241.428 32.026
201612 24.177 241.432 33.068
201703 23.736 243.801 32.149
201706 22.738 244.955 30.652
201709 23.809 246.819 31.853
201712 23.975 246.524 32.114
201803 24.355 249.554 32.227
201806 23.592 251.989 30.916
201809 24.398 252.439 31.915
201812 24.711 251.233 32.479
201903 25.688 254.202 33.369
201906 24.811 256.143 31.986
201909 25.115 256.759 32.300
201912 25.565 256.974 32.851
202003 25.051 258.115 32.048
202006 23.833 257.797 30.528
202009 24.558 260.280 31.156
202012 26.895 260.474 34.096
202103 25.989 264.877 32.400
202106 27.816 271.696 33.807
202109 28.134 274.310 33.868
202112 30.837 278.802 36.523
202203 30.612 287.504 35.159
202206 31.418 296.311 35.013
202209 35.850 296.808 39.885
202212 38.308 296.797 42.621
202303 35.187 301.836 38.495
202306 37.474 305.109 40.557
202309 41.003 307.789 43.990
202312 42.860 306.746 46.139
202403 41.792 312.332 44.185
202406 44.807 314.175 47.094
202409 47.507 315.301 49.754
202412 49.788 315.605 52.092
202503 47.957 319.799 49.519
202506 50.425 322.561 51.621
202509 56.632 324.800 57.576
202512 59.702 324.054 60.837
202603 55.909 330.213 55.909

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 4.29 mean?
E Ink Holdings (ROCO:8069) has a Cyclically Adjusted PB Ratio of 4.29 as of Aug. 12, 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 E Ink Holdings and its competitors. This is 22% below median its historical median of 5.51. Over the past decade, E Ink Holdings' Cyclically Adjusted PB Ratio has ranged from 0.90 to 9.55. According to the industry distribution chart, E Ink Holdings ranks #1549 out of 1965 companies in the Hardware industry, placing it in the top 78.8%.
Is E Ink Holdings' Cyclically Adjusted PB Ratio too high?
E Ink Holdings' current Cyclically Adjusted PB Ratio of 4.29 is 22% below median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 9.55. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. E Ink Holdings' value of 4.29 is 107.2% above this industry median. Based on the distribution chart, E Ink Holdings ranks #1549 out of 1965 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, E Ink Holdings has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E Ink Holdings' Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, E Ink Holdings ranks #1549 out of 1965 companies for Cyclically Adjusted PB Ratio. This places E Ink Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. E Ink Holdings' value of 4.29 is 107.2% above this benchmark. Historically, E Ink Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.90 to 9.55 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 2.07, E Ink Holdings 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 2.07, based on 1,965 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. E Ink Holdings's current Cyclically Adjusted PB Ratio of 4.29 is 107.2% 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 E Ink Holdings and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E Ink Holdings's current Cyclically Adjusted PB Ratio is 4.29, which is 22% below median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Ink Holdings stock overvalued right now?
Based on GuruFocus' analysis, E Ink Holdings (ROCO:8069) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$253.26, compared to a current price of NT$165.00 — trading 34.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.29, which is 22% below median its 10-year median of 5.51 and 107.2% above the Hardware industry median of 2.07. E Ink Holdings' overall GF Score™ is 85/100 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 E Ink Holdings (ROCO:8069), the current Cyclically Adjusted PB Ratio is 4.29 as of Aug. 12, 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 E Ink Holdings (ROCO:8069) Overvalued in 2026?

Based on GuruFocus' analysis, E Ink Holdings stock appears to be undervalued. The current stock price of NT$165.00 is trading 34.8% below its estimated GF Value™ of NT$253.26. GuruFocus considers E Ink Holdings to be Significantly Undervalued.

Key valuation signals for ROCO:8069:

  • Cyclically Adjusted PB Ratio: 4.29 (22% below median its 10-year median of 5.51)
  • GF Value™: NT$253.26 vs. price of NT$165.00 (34.8% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 107.2% above the Hardware median (#1549 of 1965)

No single metric tells the full story. See the ROCO:8069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E Ink Holdings Business Description

Address No. 3, Lixing 1st Road, Hsinchu Science Park, Hsinchu, TWN, 300
E Ink Holdings Inc researches, develops, manufactures, and sells electronic paper display panels. The Company sells e-paper products such as Internet of Things applications and consumer electronics. The Group operates in three principal geographical areas - ROC, Asia and America.
85GF Score

Get the complete analysis for ROCO:8069

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

NT$165.00
Price
NT$253.26
GF Value