Inmax Holding Co (ROCO:1591) Cyclically Adjusted Book per Share: NT$14.23 (As of Dec. 2025)

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ROCO:1591 Inmax Holding Co Ltd ROCO:1591
61 GF Score
Price NT$31.15
GF Value NT$30.01
Valuation Fairly Valued
! 2 Warning Signs
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What is Inmax Holding Co Cyclically Adjusted Book per Share?

Inmax Holding Co ROCO:1591 61 Cyclically Adjusted Book per Share is NT$14.23 as of Dec. 2025. GuruFocus rates ROCO:1591 with a GF Score™ of 61/100 and a GF Value™ of NT$30.01 (Fairly Valued). The stock has 2 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.

Inmax Holding Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$12.666. 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$14.23 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Inmax Holding Co's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 Inmax Holding Co was 7.70% per year. The lowest was 2.90% per year. And the median was 5.00% per year.

As of today (2026-07-16), Inmax Holding Co's current stock price is NT$31.15. Inmax Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$14.23. Inmax Holding Co's Cyclically Adjusted PB Ratio of today is 2.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Inmax Holding Co was 5.52. The lowest was 1.12. And the median was 2.19.


Inmax Holding Co  (ROCO:1591) 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.

Inmax Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.15/14.23
=2.19

* 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 Inmax Holding Co was 5.52. The lowest was 1.12. And the median was 2.19.


Be Aware

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


Inmax Holding Co Cyclically Adjusted Book per Share Related Terms


Inmax Holding Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Inmax Holding 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.

Inmax Holding Co Cyclically Adjusted Book per Share Chart

Inmax Holding 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 11.98 13.06 13.56 13.86 14.23

Inmax Holding 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 13.86 14.08 14.15 14.27 14.23

ROCO:1591 vs SNA, RBC, LECO: Cyclically Adjusted Book per Share Comparison

For the Tools & Accessories subindustry, Inmax Holding 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.


Inmax Holding Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inmax Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:1591
61GF Score
Inmax Holding Co Ltd ROCO:1591
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inmax Holding 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, Inmax Holding 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)
=12.666/324.0540*324.0540
=12.666

Current CPI (Dec. 2025) = 324.0540.

Inmax Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 10.808 238.132 14.708
201606 10.929 241.018 14.694
201609 10.425 241.428 13.993
201612 10.389 241.432 13.944
201703 10.170 243.801 13.518
201706 10.226 244.955 13.528
201709 10.407 246.819 13.664
201712 10.593 246.524 13.924
201803 10.991 249.554 14.272
201806 11.438 251.989 14.709
201809 11.682 252.439 14.996
201812 12.131 251.233 15.647
201903 12.751 254.202 16.255
201906 11.878 256.143 15.027
201909 11.816 256.759 14.913
201912 11.301 256.974 14.251
202003 10.672 258.115 13.398
202006 10.112 257.797 12.711
202009 11.467 260.280 14.277
202012 11.669 260.474 14.517
202103 11.885 264.877 14.540
202106 11.865 271.696 14.151
202109 11.793 274.310 13.932
202112 11.983 278.802 13.928
202203 13.076 287.504 14.738
202206 12.934 296.311 14.145
202209 14.806 296.808 16.165
202212 14.675 296.797 16.023
202303 14.120 301.836 15.159
202306 12.923 305.109 13.725
202309 13.082 307.789 13.773
202312 12.268 306.746 12.960
202403 11.956 312.332 12.405
202406 13.452 314.175 13.875
202409 14.051 315.301 14.441
202412 13.700 315.605 14.067
202503 14.984 319.799 15.183
202506 13.395 322.561 13.457
202509 13.059 324.800 13.029
202512 12.666 324.054 12.666

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$14.23 mean?
Inmax Holding Co (ROCO:1591) has a Cyclically Adjusted Book per Share of NT$14.23 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 Inmax Holding Co and its competitors.
Is Inmax Holding Co's Cyclically Adjusted Book per Share too high?
Inmax Holding Co's current Cyclically Adjusted Book per Share is NT$14.23. Overall, Inmax Holding Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inmax Holding Co's Cyclically Adjusted Book per Share compare to SNA and RBC?
Inmax Holding Co's Cyclically Adjusted Book per Share of NT$14.23 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Inmax Holding Co and its competitors. Inmax Holding Co's current Cyclically Adjusted Book per Share is NT$14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inmax Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Inmax Holding Co (ROCO:1591) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.01, compared to a current price of NT$31.15 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$14.23. Inmax Holding Co's overall GF Score™ is 61/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Inmax Holding Co (ROCO:1591), the current Cyclically Adjusted Book per Share is NT$14.23 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 Inmax Holding Co (ROCO:1591) Overvalued in 2026?

Based on GuruFocus' analysis, Inmax Holding Co stock appears to be overvalued. The current stock price of NT$31.15 is trading 3.8% above its estimated GF Value™ of NT$30.01. GuruFocus considers Inmax Holding Co to be Fairly Valued.

Key valuation signals for ROCO:1591:

  • Cyclically Adjusted Book per Share: NT$14.23
  • GF Value™: NT$30.01 vs. price of NT$31.15 (3.8% above fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the ROCO:1591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inmax Holding Co Business Description

Address 2nd Floor, No. 25, Liaoyang 1st Street, Beitun District, Taichung City, TWN, 40667
Inmax Holding Co Ltd is a producer of nails and staples in the Southeast Asia region. It provides a full range of fasteners such as wire collated coil nails, coil roofing nails, plastic & paper tape collated strip nails, brads, staple and others.
61GF Score

Get the complete analysis for ROCO:1591

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

NT$31.15
Price
NT$30.01
GF Value