Superior Plating Technology Co (ROCO:8431) Cyclically Adjusted PB Ratio: 2.08 (As of Aug. 21, 2026) — 12% Below Median

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ROCO:8431 Superior Plating Technology Co Ltd ROCO:8431
55 GF Score
Price NT$45.30
GF Value NT$61.69
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Superior Plating Technology Co Cyclically Adjusted PB Ratio?

Superior Plating Technology Co ROCO:8431 +1.80% 55 Cyclically Adjusted PB Ratio is 2.08 as of Aug. 21, 2026, which is 12% below its 10-year median of 2.36. GuruFocus rates ROCO:8431 with a GF Score™ of 55/100 and a GF Value™ of NT$61.69 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,160 Chemicals companies, Superior Plating Technology Co ranks worse than 58.1% on this metric.

As of today (2026-08-21), Superior Plating Technology Co's current share price is NT$45.30. Superior Plating Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.73. Superior Plating Technology Co's Cyclically Adjusted PB Ratio for today is 2.08.

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

ROCO:8431' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.36   Max: 3.53
Current: 2.14

During the past years, Superior Plating Technology Co's highest Cyclically Adjusted PB Ratio was 3.53. The lowest was 1.64. And the median was 2.36.

ROCO:8431's Cyclically Adjusted PB Ratio is ranked worse than
58.1% of 1160 companies
in the Chemicals industry
Industry Median: 1.68 vs ROCO:8431: 2.14

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.

Superior Plating Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$15.557. 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$21.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Superior Plating Technology Co  (ROCO:8431) 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.


Superior Plating Technology Co Cyclically Adjusted PB Ratio Related Terms


Superior Plating Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Superior Plating Technology 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.

Superior Plating Technology Co Cyclically Adjusted PB Ratio Chart

Superior Plating Technology 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 3.18 2.07 2.22 2.48 3.11

Superior Plating Technology 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 2.57 1.66 1.89 3.11 2.68

ROCO:8431 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Superior Plating Technology 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.


Superior Plating Technology Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Superior Plating Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Superior Plating Technology Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8431
55GF Score
Superior Plating Technology Co Ltd ROCO:8431
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Superior Plating Technology 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.

Superior Plating Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.30/21.73
=2.08

* 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.

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

For example, Superior Plating Technology 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)
=15.557/330.2130*330.2130
=15.557

Current CPI (Mar. 2026) = 330.2130.

Superior Plating Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.430 241.018 30.731
201609 21.258 241.428 29.076
201612 20.748 241.432 28.378
201703 19.640 243.801 26.601
201706 18.837 244.955 25.393
201709 18.676 246.819 24.986
201712 18.110 246.524 24.258
201803 18.263 249.554 24.166
201806 17.691 251.989 23.183
201809 17.981 252.439 23.521
201812 16.863 251.233 22.164
201903 16.428 254.202 21.340
201906 15.701 256.143 20.241
201909 15.538 256.759 19.983
201912 14.938 256.974 19.195
202003 14.786 258.115 18.916
202006 14.878 257.797 19.057
202009 15.764 260.280 20.000
202012 17.048 260.474 21.612
202103 18.104 264.877 22.570
202106 18.551 271.696 22.546
202109 18.378 274.310 22.123
202112 19.585 278.802 23.196
202203 20.176 287.504 23.173
202206 18.625 296.311 20.756
202209 19.210 296.808 21.372
202212 18.382 296.797 20.452
202303 18.143 301.836 19.849
202306 18.080 305.109 19.568
202309 18.905 307.789 20.282
202312 18.840 306.746 20.281
202403 18.412 312.332 19.466
202406 18.884 314.175 19.848
202409 19.739 315.301 20.673
202412 20.653 315.605 21.609
202503 20.446 319.799 21.112
202506 17.685 322.561 18.105
202509 16.986 324.800 17.269
202512 16.316 324.054 16.626
202603 15.557 330.213 15.557

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 2.08 mean?
Superior Plating Technology Co (ROCO:8431) has a Cyclically Adjusted PB Ratio of 2.08 as of Aug. 21, 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 Superior Plating Technology Co and its competitors. This is 12% below median its historical median of 2.36. Over the past decade, Superior Plating Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.64 to 3.53. According to the industry distribution chart, Superior Plating Technology Co ranks #674 out of 1160 companies in the Chemicals industry, placing it in the top 58.1%.
Is Superior Plating Technology Co's Cyclically Adjusted PB Ratio too high?
Superior Plating Technology Co's current Cyclically Adjusted PB Ratio of 2.08 is 12% below median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 3.53. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.68. Superior Plating Technology Co's value of 2.08 is 23.8% above this industry median. Based on the distribution chart, Superior Plating Technology Co ranks #674 out of 1160 companies in the Chemicals industry, which is below the industry midpoint. Overall, Superior Plating Technology Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Superior Plating Technology Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Superior Plating Technology Co ranks #674 out of 1160 companies for Cyclically Adjusted PB Ratio. This places Superior Plating Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.68. Superior Plating Technology Co's value of 2.08 is 23.8% above this benchmark. Historically, Superior Plating Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.64 to 3.53 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 1.68, Superior Plating Technology 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.68, based on 1,160 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. Superior Plating Technology Co's current Cyclically Adjusted PB Ratio of 2.08 is 23.8% 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 Superior Plating Technology Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Superior Plating Technology Co's current Cyclically Adjusted PB Ratio is 2.08, which is 12% below median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superior Plating Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Superior Plating Technology Co (ROCO:8431) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$61.69, compared to a current price of NT$45.30 — trading 26.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.08, which is 12% below median its 10-year median of 2.36 and 23.8% above the Chemicals industry median of 1.68. Superior Plating Technology Co's overall GF Score™ is 55/100 with 6 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 Superior Plating Technology Co (ROCO:8431), the current Cyclically Adjusted PB Ratio is 2.08 as of Aug. 21, 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 Superior Plating Technology Co (ROCO:8431) Overvalued in 2026?

Based on GuruFocus' analysis, Superior Plating Technology Co stock appears to be undervalued. The current stock price of NT$45.30 is trading 26.6% below its estimated GF Value™ of NT$61.69. GuruFocus considers Superior Plating Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:8431:

  • Cyclically Adjusted PB Ratio: 2.08 (12% below median its 10-year median of 2.36)
  • GF Value™: NT$61.69 vs. price of NT$45.30 (26.6% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 23.8% above the Chemicals median (#674 of 1160)

No single metric tells the full story. See the ROCO:8431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Superior Plating Technology Co Business Description

Address Xinhu 1st Road, 7th Floor, No.151, Neihu District, Taipei, TWN, 114
Superior Plating Technology Co Ltd is a Taiwan-based company engaged in the wholesale of electrical appliances, the wholesale of industrial catalysts, and the management and service of surface treatment technology. The reporting segments of the company are chemical plating, barrel plating, and continuous plating. The maximum revenue is generated from its Continuous plating segment. Geographically, it derives a majority of its revenue from China and the rest from Thailand, and other regions.
55GF Score

Get the complete analysis for ROCO:8431

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

NT$45.30
Price
NT$61.69
GF Value