An-Shin Food Services Co (ROCO:1259) Cyclically Adjusted Book per Share: NT$73.36 (As of Dec. 2025)

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ROCO:1259 An-Shin Food Services Co Ltd ROCO:1259
68 GF Score
Price NT$59.50
GF Value NT$71.23
Valuation Modestly Undervalued
! 7 Warning Signs
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What is An-Shin Food Services Co Cyclically Adjusted Book per Share?

An-Shin Food Services Co ROCO:1259 -0.67% 68 Cyclically Adjusted Book per Share is NT$73.36 as of Dec. 2025. GuruFocus rates ROCO:1259 with a GF Score™ of 68/100 and a GF Value™ of NT$71.23 (Modestly Undervalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

An-Shin Food Services Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$92.915. 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$73.36 for the trailing ten years ended in Dec. 2025.

During the past 12 months, An-Shin Food Services Co's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of An-Shin Food Services Co was 7.70% per year. The lowest was 5.10% per year. And the median was 5.50% per year.

As of today (2026-07-21), An-Shin Food Services Co's current stock price is NT$59.50. An-Shin Food Services Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$73.36. An-Shin Food Services Co's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of An-Shin Food Services Co was 1.40. The lowest was 0.76. And the median was 1.14.


An-Shin Food Services Co  (ROCO:1259) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

An-Shin Food Services Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=59.50/73.36
=0.81

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of An-Shin Food Services Co was 1.40. The lowest was 0.76. And the median was 1.14.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


An-Shin Food Services Co Cyclically Adjusted Book per Share Related Terms


An-Shin Food Services Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for An-Shin Food Services Co's Cyclically Adjusted Book per Share 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.

An-Shin Food Services Co Cyclically Adjusted Book per Share Chart

An-Shin Food Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.28 63.17 66.38 69.67 73.36

An-Shin Food Services Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Book per Share 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 69.67 70.79 71.62 72.90 73.36

ROCO:1259 vs MCD, SBUX, YUM: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, An-Shin Food Services 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.


An-Shin Food Services Co Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, An-Shin Food Services Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where An-Shin Food Services Co's Cyclically Adjusted PB Ratio falls into.


ROCO:1259
68GF Score
An-Shin Food Services Co Ltd ROCO:1259
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

An-Shin Food Services Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, An-Shin Food Services Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=92.915/324.0540*324.0540
=92.915

Current CPI (Dec. 2025) = 324.0540.

An-Shin Food Services Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 50.530 238.132 68.762
201606 49.733 241.018 66.867
201609 51.197 241.428 68.719
201612 51.837 241.432 69.576
201703 53.028 243.801 70.483
201706 51.617 244.955 68.285
201709 53.278 246.819 69.950
201712 53.800 246.524 70.720
201803 54.635 249.554 70.945
201806 52.382 251.989 67.362
201809 53.944 252.439 69.247
201812 54.665 251.233 70.510
201903 55.795 254.202 71.127
201906 54.169 256.143 68.531
201909 56.148 256.759 70.864
201912 56.601 256.974 71.376
202003 56.129 258.115 70.468
202006 55.716 257.797 70.036
202009 58.508 260.280 72.844
202012 58.984 260.474 73.382
202103 62.783 264.877 76.810
202106 68.499 271.696 81.699
202109 61.952 274.310 73.187
202112 63.790 278.802 74.144
202203 61.644 287.504 69.481
202206 59.347 296.311 64.904
202209 59.848 296.808 65.342
202212 61.282 296.797 66.910
202303 67.182 301.836 72.127
202306 74.406 305.109 79.026
202309 74.948 307.789 78.909
202312 73.028 306.746 77.149
202403 77.638 312.332 80.552
202406 77.044 314.175 79.467
202409 75.205 315.301 77.293
202412 76.909 315.605 78.968
202503 73.466 319.799 74.443
202506 72.774 322.561 73.111
202509 97.979 324.800 97.754
202512 92.915 324.054 92.915

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of NT$73.36 mean?
An-Shin Food Services Co (ROCO:1259) has a Cyclically Adjusted Book per Share of NT$73.36 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on An-Shin Food Services Co and its competitors.
Is An-Shin Food Services Co's Cyclically Adjusted Book per Share too high?
An-Shin Food Services Co's current Cyclically Adjusted Book per Share is NT$73.36. Overall, An-Shin Food Services Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does An-Shin Food Services Co's Cyclically Adjusted Book per Share compare to MCD and SBUX?
An-Shin Food Services Co's Cyclically Adjusted Book per Share of NT$73.36 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on An-Shin Food Services Co and its competitors. An-Shin Food Services Co's current Cyclically Adjusted Book per Share is NT$73.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is An-Shin Food Services Co stock overvalued right now?
Based on GuruFocus' analysis, An-Shin Food Services Co (ROCO:1259) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$71.23, compared to a current price of NT$59.50 — trading 16.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$73.36. An-Shin Food Services Co's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For An-Shin Food Services Co (ROCO:1259), the current Cyclically Adjusted Book per Share is NT$73.36 as of Dec. 2025. 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 An-Shin Food Services Co (ROCO:1259) Overvalued in 2026?

Based on GuruFocus' analysis, An-Shin Food Services Co stock appears to be undervalued. The current stock price of NT$59.50 is trading 16.5% below its estimated GF Value™ of NT$71.23. GuruFocus considers An-Shin Food Services Co to be Modestly Undervalued.

Key valuation signals for ROCO:1259:

  • Cyclically Adjusted Book per Share: NT$73.36
  • GF Value™: NT$71.23 vs. price of NT$59.50 (16.5% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the ROCO:1259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


An-Shin Food Services Co Business Description

Address No. 66, Jingmao 2nd Road, 16 Floor - 3, Nangang District, Taipei, TWN, 106465
An-Shin Food Services Co Ltd is engaged in the operation of a fast food chain restaurant. The company is involved in sales; marketing and consultancy of hamburgers, as well as managing coffee shops and restaurants. The company has two reportable segments Restaurant Service and Information Services in Taiwan and Mainland China. It derives majority of the revenue from the Restaurant Service. Geographically, the company derives maximum revenue from Taiwan, and also has its presence in Mainland China.
68GF Score

Get the complete analysis for ROCO:1259

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

NT$59.50
Price
NT$71.23
GF Value