Rockchip Electronics Co (SHSE:603893) Cyclically Adjusted PB Ratio: 28.85 (As of Sep. 03, 2026) — 60% Above Median

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SHSE:603893 Rockchip Electronics Co Ltd SHSE:603893
98 GF Score
Price ¥193.90
GF Value ¥215.13
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Rockchip Electronics Co Cyclically Adjusted PB Ratio?

Rockchip Electronics Co SHSE:603893 -1.82% 98 Cyclically Adjusted PB Ratio is 28.85 as of Sep. 03, 2026, which is 60% above its 10-year median of 18.03. GuruFocus rates SHSE:603893 with a GF Score™ of 98/100 and a GF Value™ of ¥215.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 725 Semiconductors companies, Rockchip Electronics Co ranks worse than 96% on this metric.

As of today (2026-09-03), Rockchip Electronics Co's current share price is ¥193.90. Rockchip Electronics Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥6.72. Rockchip Electronics Co's Cyclically Adjusted PB Ratio for today is 28.85.

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

SHSE:603893' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.21   Med: 18.03   Max: 29.46
Current: 28.85

During the past 13 years, Rockchip Electronics Co's highest Cyclically Adjusted PB Ratio was 29.46. The lowest was 7.21. And the median was 18.03.

SHSE:603893's Cyclically Adjusted PB Ratio is ranked worse than
96% of 725 companies
in the Semiconductors industry
Industry Median: 3.18 vs SHSE:603893: 28.85

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.

Rockchip Electronics Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥10.411. 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 ¥6.72 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockchip Electronics Co  (SHSE:603893) 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.


Rockchip Electronics Co Cyclically Adjusted PB Ratio Related Terms


Rockchip Electronics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rockchip Electronics 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.

Rockchip Electronics Co Cyclically Adjusted PB Ratio Chart

Rockchip Electronics 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 0.00 11.51 10.46 17.36 26.53

Rockchip Electronics Co 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 0.00 0.00 26.53 0.00 0.00

SHSE:603893 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Rockchip Electronics 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.


Rockchip Electronics Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Rockchip Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:603893
98GF Score
Rockchip Electronics Co Ltd SHSE:603893
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rockchip Electronics 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.

Rockchip Electronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=193.90/6.72
=28.85

* 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.

Rockchip Electronics Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Rockchip Electronics Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=10.411/115.8323*115.8323
=10.411

Current CPI (Dec25) = 115.8323.

Rockchip Electronics Co Annual Data

Book Value per Share CPI Adj_Book
201612 7.009 102.600 7.913
201712 3.617 104.500 4.009
201812 4.081 106.500 4.439
201912 4.634 111.200 4.827
202012 5.436 111.500 5.647
202112 6.832 113.108 6.997
202212 6.994 115.116 7.038
202312 7.321 114.781 7.388
202412 8.465 114.893 8.534
202512 10.411 115.832 10.411

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 28.85 mean?
Rockchip Electronics Co (SHSE:603893) has a Cyclically Adjusted PB Ratio of 28.85 as of Sep. 03, 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 Rockchip Electronics Co and its competitors. This is 60% above median its historical median of 18.03. Over the past decade, Rockchip Electronics Co's Cyclically Adjusted PB Ratio has ranged from 7.21 to 29.46. According to the industry distribution chart, Rockchip Electronics Co ranks #696 out of 725 companies in the Semiconductors industry, placing it in the top 96%.
Is Rockchip Electronics Co's Cyclically Adjusted PB Ratio too high?
Rockchip Electronics Co's current Cyclically Adjusted PB Ratio of 28.85 is 60% above median its 10-year median of 18.03. Over the past 10 years, this metric has ranged from a low of 7.21 to a high of 29.46. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. Rockchip Electronics Co's value of 28.85 is 807.2% above this industry median. Based on the distribution chart, Rockchip Electronics Co ranks #696 out of 725 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Rockchip Electronics Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rockchip Electronics Co's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Rockchip Electronics Co ranks #696 out of 725 companies for Cyclically Adjusted PB Ratio. This places Rockchip Electronics Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. Rockchip Electronics Co's value of 28.85 is 807.2% above this benchmark. Historically, Rockchip Electronics Co's own Cyclically Adjusted PB Ratio has ranged from 7.21 to 29.46 over the past decade. While the company's 10-year median is 18.03 vs. the industry median of 3.18, Rockchip Electronics 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 725 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. Rockchip Electronics Co's current Cyclically Adjusted PB Ratio of 28.85 is 807.2% 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 Rockchip Electronics Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rockchip Electronics Co's current Cyclically Adjusted PB Ratio is 28.85, which is 60% above median its own 10-year median of 18.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockchip Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Rockchip Electronics Co (SHSE:603893) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥215.13, compared to a current price of ¥193.90 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 28.85, which is 60% above median its 10-year median of 18.03 and 807.2% above the Semiconductors industry median of 3.18. Rockchip Electronics Co's overall GF Score™ is 98/100 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 Rockchip Electronics Co (SHSE:603893), the current Cyclically Adjusted PB Ratio is 28.85 as of Sep. 03, 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 Rockchip Electronics Co (SHSE:603893) Overvalued in 2026?

Based on GuruFocus' analysis, Rockchip Electronics Co stock appears to be undervalued. The current stock price of ¥193.90 is trading 9.9% below its estimated GF Value™ of ¥215.13. GuruFocus considers Rockchip Electronics Co to be Modestly Undervalued.

Key valuation signals for SHSE:603893:

  • Cyclically Adjusted PB Ratio: 28.85 (60% above median its 10-year median of 18.03)
  • GF Value™: ¥215.13 vs. price of ¥193.90 (9.9% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 807.2% above the Semiconductors median (#696 of 725)

No single metric tells the full story. See the SHSE:603893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rockchip Electronics Co Business Description

Address No. 89, Software Avenue, Tongpan Road, Buildings 18, 20, and 21, Software Park Area, Gulou District, Fujian Province, Fuzhou, CHN, 35003
Rockchip Electronics Co Ltd is engaged in the design, development, and sales of integrated circuits and application solutions, providing customers with chip-related products and technical services. The company produces application processors, power management chips, and other self-developed devices, serving sectors such as IoT, consumer electronics, automotive, communications, and AI.
98GF Score

Get the complete analysis for SHSE:603893

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

¥193.90
Price
¥215.13
GF Value