EBM Technologies (ROCO:8409) Cyclically Adjusted PB Ratio: 1.49 (As of Aug. 10, 2026) — 10% Below Median

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ROCO:8409 EBM Technologies Inc ROCO:8409
59 GF Score
Price NT$18.35
GF Value NT$29.41
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is EBM Technologies Cyclically Adjusted PB Ratio?

EBM Technologies ROCO:8409 +1.38% 59 Cyclically Adjusted PB Ratio is 1.49 as of Aug. 10, 2026, which is 10% below its 10-year median of 1.66. GuruFocus rates ROCO:8409 with a GF Score™ of 59/100 and a GF Value™ of NT$29.41 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 353 Healthcare Providers & Services companies, EBM Technologies ranks better than 60.34% on this metric.

As of today (2026-08-10), EBM Technologies's current share price is NT$18.35. EBM Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$12.29. EBM Technologies's Cyclically Adjusted PB Ratio for today is 1.49.

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

ROCO:8409' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.66   Max: 2.3
Current: 1.49

During the past years, EBM Technologies's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 1.22. And the median was 1.66.

ROCO:8409's Cyclically Adjusted PB Ratio is ranked better than
60.34% of 353 companies
in the Healthcare Providers & Services industry
Industry Median: 1.9 vs ROCO:8409: 1.49

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.

EBM Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was NT$9.964. 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$12.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


EBM Technologies  (ROCO:8409) 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.


EBM Technologies Cyclically Adjusted PB Ratio Related Terms


EBM Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EBM Technologies'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.

EBM Technologies Cyclically Adjusted PB Ratio Chart

EBM Technologies 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 1.38 1.41 1.85 1.79 1.76

EBM Technologies 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 1.91 1.83 1.75 1.76 1.66

ROCO:8409 vs VEEV, BTSG, HQY: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, EBM Technologies'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.


EBM Technologies Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EBM Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:8409
59GF Score
EBM Technologies Inc ROCO:8409
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EBM Technologies 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.

EBM Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.35/12.29
=1.49

* 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.

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

For example, EBM Technologies'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)
=9.964/330.2130*330.2130
=9.964

Current CPI (Mar. 2026) = 330.2130.

EBM Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.627 241.018 18.670
201609 12.950 241.428 17.712
201612 13.107 241.432 17.927
201703 12.427 243.801 16.832
201706 11.972 244.955 16.139
201709 11.489 246.819 15.371
201712 11.737 246.524 15.721
201803 11.482 249.554 15.193
201806 11.144 251.989 14.603
201809 10.409 252.439 13.616
201812 11.332 251.233 14.894
201903 10.997 254.202 14.285
201906 10.740 256.143 13.846
201909 9.859 256.759 12.679
201912 10.705 256.974 13.756
202003 10.271 258.115 13.140
202006 9.232 257.797 11.825
202009 8.974 260.280 11.385
202012 9.580 260.474 12.145
202103 9.015 264.877 11.239
202106 8.501 271.696 10.332
202109 9.004 274.310 10.839
202112 9.684 278.802 11.470
202203 10.626 287.504 12.205
202206 9.954 296.311 11.093
202209 9.646 296.808 10.732
202212 9.987 296.797 11.111
202303 9.417 301.836 10.302
202306 8.950 305.109 9.686
202309 8.608 307.789 9.235
202312 9.583 306.746 10.316
202403 8.989 312.332 9.504
202406 8.021 314.175 8.430
202409 7.712 315.301 8.077
202412 9.795 315.605 10.248
202503 9.051 319.799 9.346
202506 8.177 322.561 8.371
202509 9.076 324.800 9.227
202512 9.968 324.054 10.157
202603 9.964 330.213 9.964

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 1.49 mean?
EBM Technologies (ROCO:8409) has a Cyclically Adjusted PB Ratio of 1.49 as of Aug. 10, 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 EBM Technologies and its competitors. This is 10% below median its historical median of 1.66. Over the past decade, EBM Technologies' Cyclically Adjusted PB Ratio has ranged from 1.22 to 2.30. According to the industry distribution chart, EBM Technologies ranks #140 out of 353 companies in the Healthcare Providers & Services industry, placing it in the top 39.7%.
Is EBM Technologies' Cyclically Adjusted PB Ratio too high?
EBM Technologies' current Cyclically Adjusted PB Ratio of 1.49 is 10% below median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 2.30. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.90. EBM Technologies' value of 1.49 is 21.6% below this industry median. Based on the distribution chart, EBM Technologies ranks #140 out of 353 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, EBM Technologies has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EBM Technologies' Cyclically Adjusted PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, EBM Technologies ranks #140 out of 353 companies for Cyclically Adjusted PB Ratio. This puts EBM Technologies in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.90. EBM Technologies' value of 1.49 is 21.6% below this benchmark. Historically, EBM Technologies' own Cyclically Adjusted PB Ratio has ranged from 1.22 to 2.30 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.90, EBM Technologies has consistently been below 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.90, based on 353 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. EBM Technologies's current Cyclically Adjusted PB Ratio of 1.49 is 21.6% below 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 EBM Technologies and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EBM Technologies's current Cyclically Adjusted PB Ratio is 1.49, which is 10% below median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EBM Technologies stock overvalued right now?
Based on GuruFocus' analysis, EBM Technologies (ROCO:8409) is currently considered Possible Value Trap. The stock's GF Value™ is NT$29.41, compared to a current price of NT$18.35 — trading 37.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.49, which is 10% below median its 10-year median of 1.66 and 21.6% below the Healthcare Providers & Services industry median of 1.90. EBM Technologies' overall GF Score™ is 59/100 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 EBM Technologies (ROCO:8409), the current Cyclically Adjusted PB Ratio is 1.49 as of Aug. 10, 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 EBM Technologies (ROCO:8409) Overvalued in 2026?

Based on GuruFocus' analysis, EBM Technologies stock appears to be undervalued. The current stock price of NT$18.35 is trading 37.6% below its estimated GF Value™ of NT$29.41. GuruFocus considers EBM Technologies to be Possible Value Trap.

Key valuation signals for ROCO:8409:

  • Cyclically Adjusted PB Ratio: 1.49 (10% below median its 10-year median of 1.66)
  • GF Value™: NT$29.41 vs. price of NT$18.35 (37.6% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 21.6% below the Healthcare Providers & Services median (#140 of 353)

No single metric tells the full story. See the ROCO:8409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EBM Technologies Business Description

Address No. 516, Sec 1, Neihu Road, 5th floor, Neihu District, Taipei, TWN
EBM Technologies Inc is engaged in picture archiving and communication systems. Its products include EBM diagnostic and reviewing station, EBM storage and utility server, and EBM breast imaging for PACS. The company develops and markets medical information technology solutions; and provides to the health sector.
59GF Score

Get the complete analysis for ROCO:8409

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

NT$18.35
Price
NT$29.41
GF Value