Allied Circuit Co (ROCO:8155) Cyclically Adjusted PB Ratio: 7.34 (As of Aug. 15, 2026) — 92% Above Median

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ROCO:8155 Allied Circuit Co Ltd ROCO:8155
80 GF Score
Price NT$320.50
GF Value NT$220.27
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Allied Circuit Co Cyclically Adjusted PB Ratio?

Allied Circuit Co ROCO:8155 +0.47% 80 Cyclically Adjusted PB Ratio is 7.34 as of Aug. 15, 2026, which is 92% above its 10-year median of 3.82. GuruFocus rates ROCO:8155 with a GF Score™ of 80/100 and a GF Value™ of NT$220.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,963 Hardware companies, Allied Circuit Co ranks worse than 84.97% on this metric.

As of today (2026-08-15), Allied Circuit Co's current share price is NT$320.50. Allied Circuit Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$43.69. Allied Circuit Co's Cyclically Adjusted PB Ratio for today is 7.34.

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

ROCO:8155' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.39   Med: 3.82   Max: 10.16
Current: 6.76

During the past years, Allied Circuit Co's highest Cyclically Adjusted PB Ratio was 10.16. The lowest was 2.39. And the median was 3.82.

ROCO:8155's Cyclically Adjusted PB Ratio is ranked worse than
84.97% of 1963 companies
in the Hardware industry
Industry Median: 2.08 vs ROCO:8155: 6.76

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.

Allied Circuit Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$62.131. 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$43.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Circuit Co  (ROCO:8155) 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.


Allied Circuit Co Cyclically Adjusted PB Ratio Related Terms


Allied Circuit Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Allied Circuit 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.

Allied Circuit Co Cyclically Adjusted PB Ratio Chart

Allied Circuit 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 5.16 2.85 4.08 3.00 3.98

Allied Circuit Co 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 3.20 2.92 3.68 3.98 5.46

ROCO:8155 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Allied Circuit 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.


Allied Circuit Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:8155
80GF Score
Allied Circuit Co Ltd ROCO:8155
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Allied Circuit 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.

Allied Circuit Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=320.50/43.69
=7.34

* 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.

Allied Circuit Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Allied Circuit Co'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)
=62.131/330.2130*330.2130
=62.131

Current CPI (Mar. 2026) = 330.2130.

Allied Circuit Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.611 241.018 35.089
201609 26.252 241.428 35.906
201612 27.139 241.432 37.119
201703 27.859 243.801 37.733
201706 26.380 244.955 35.562
201709 28.259 246.819 37.807
201712 30.329 246.524 40.625
201803 32.429 249.554 42.910
201806 29.813 251.989 39.068
201809 31.392 252.439 41.064
201812 32.160 251.233 42.270
201903 32.301 254.202 41.960
201906 27.883 256.143 35.946
201909 29.230 256.759 37.592
201912 30.978 256.974 39.807
202003 33.862 258.115 43.321
202006 33.811 257.797 43.309
202009 36.098 260.280 45.797
202012 37.925 260.474 48.079
202103 39.760 264.877 49.567
202106 34.353 271.696 41.752
202109 36.041 274.310 43.386
202112 38.755 278.802 45.901
202203 42.238 287.504 48.512
202206 40.087 296.311 44.673
202209 41.525 296.808 46.199
202212 43.483 296.797 48.379
202303 37.657 301.836 41.197
202306 38.706 305.109 41.891
202309 39.628 307.789 42.515
202312 41.155 306.746 44.303
202403 41.938 312.332 44.339
202406 40.402 314.175 42.464
202409 41.135 315.301 43.080
202412 42.634 315.605 44.607
202503 52.190 319.799 53.890
202506 48.422 322.561 49.571
202509 50.696 324.800 51.541
202512 55.800 324.054 56.861
202603 62.131 330.213 62.131

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 7.34 mean?
Allied Circuit Co (ROCO:8155) has a Cyclically Adjusted PB Ratio of 7.34 as of Aug. 15, 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 Allied Circuit Co and its competitors. This is 92% above median its historical median of 3.82. Over the past decade, Allied Circuit Co's Cyclically Adjusted PB Ratio has ranged from 2.39 to 10.16. According to the industry distribution chart, Allied Circuit Co ranks #1668 out of 1963 companies in the Hardware industry, placing it in the top 85%.
Is Allied Circuit Co's Cyclically Adjusted PB Ratio too high?
Allied Circuit Co's current Cyclically Adjusted PB Ratio of 7.34 is 92% above median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 10.16. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Allied Circuit Co's value of 7.34 is 252.9% above this industry median. Based on the distribution chart, Allied Circuit Co ranks #1668 out of 1963 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Allied Circuit Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allied Circuit Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Allied Circuit Co ranks #1668 out of 1963 companies for Cyclically Adjusted PB Ratio. This places Allied Circuit Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Allied Circuit Co's value of 7.34 is 252.9% above this benchmark. Historically, Allied Circuit Co's own Cyclically Adjusted PB Ratio has ranged from 2.39 to 10.16 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 2.08, Allied Circuit 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.08, based on 1,963 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. Allied Circuit Co's current Cyclically Adjusted PB Ratio of 7.34 is 252.9% 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 Allied Circuit Co 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. Allied Circuit Co's current Cyclically Adjusted PB Ratio is 7.34, which is 92% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Circuit Co stock overvalued right now?
Based on GuruFocus' analysis, Allied Circuit Co (ROCO:8155) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$220.27, compared to a current price of NT$320.50 — trading 45.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.34, which is 92% above median its 10-year median of 3.82 and 252.9% above the Hardware industry median of 2.08. Allied Circuit Co's overall GF Score™ is 80/100 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 Allied Circuit Co (ROCO:8155), the current Cyclically Adjusted PB Ratio is 7.34 as of Aug. 15, 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 Allied Circuit Co (ROCO:8155) Overvalued in 2026?

Based on GuruFocus' analysis, Allied Circuit Co stock appears to be overvalued. The current stock price of NT$320.50 is trading 45.5% above its estimated GF Value™ of NT$220.27. GuruFocus considers Allied Circuit Co to be Significantly Overvalued.

Key valuation signals for ROCO:8155:

  • Cyclically Adjusted PB Ratio: 7.34 (92% above median its 10-year median of 3.82)
  • GF Value™: NT$220.27 vs. price of NT$320.50 (45.5% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 252.9% above the Hardware median (#1668 of 1963)

No single metric tells the full story. See the ROCO:8155 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allied Circuit Co Business Description

Address No. 128, Gong 2nd Road, Wulin Village, Longtan Township, Taoyuan, TWN
Allied Circuit Co Ltd is a Taiwan based electronic components manufacturing company. It is engaged in the manufacturing and sales of printed circuit boards (double-sided and multilayer boards). It offers Rigid Type Multi-Layer PCB and High-Density Inverter. Geographically, the company operates in Taiwan and Asia.
80GF Score

Get the complete analysis for ROCO:8155

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

NT$320.50
Price
NT$220.27
GF Value