Chi Hua Fitness Co (ROCO:1593) Cyclically Adjusted Book per Share: NT$32.95 (As of Dec. 2025)

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ROCO:1593 Chi Hua Fitness Co Ltd ROCO:1593
74 GF Score
Price NT$30.40
GF Value NT$53.26
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Chi Hua Fitness Co Cyclically Adjusted Book per Share?

Chi Hua Fitness Co ROCO:1593 74 Cyclically Adjusted Book per Share is NT$32.95 as of Dec. 2025. GuruFocus rates ROCO:1593 with a GF Score™ of 74/100 and a GF Value™ of NT$53.26 (Significantly Undervalued). The stock has 5 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.

Chi Hua Fitness Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$33.426. 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$32.95 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Chi Hua Fitness Co's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Chi Hua Fitness Co was 5.60% per year. The lowest was 0.30% per year. And the median was 3.80% per year.

As of today (2026-07-16), Chi Hua Fitness Co's current stock price is NT$30.40. Chi Hua Fitness Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$32.95. Chi Hua Fitness Co's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chi Hua Fitness Co was 4.26. The lowest was 0.83. And the median was 1.70.


Chi Hua Fitness Co  (ROCO:1593) 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.

Chi Hua Fitness Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.40/32.95
=0.92

* 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 Chi Hua Fitness Co was 4.26. The lowest was 0.83. And the median was 1.70.


Be Aware

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


Chi Hua Fitness Co Cyclically Adjusted Book per Share Related Terms


Chi Hua Fitness Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chi Hua Fitness 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.

Chi Hua Fitness Co Cyclically Adjusted Book per Share Chart

Chi Hua Fitness 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 27.27 29.46 30.90 32.13 32.95

Chi Hua Fitness 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 32.13 32.53 32.83 33.04 32.95

ROCO:1593 vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Chi Hua Fitness 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.


Chi Hua Fitness Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Chi Hua Fitness Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chi Hua Fitness Co's Cyclically Adjusted PB Ratio falls into.


ROCO:1593
74GF Score
Chi Hua Fitness Co Ltd ROCO:1593
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chi Hua Fitness 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, Chi Hua Fitness 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)
=33.426/324.0540*324.0540
=33.426

Current CPI (Dec. 2025) = 324.0540.

Chi Hua Fitness Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 24.863 238.132 33.834
201606 22.777 241.018 30.624
201609 23.344 241.428 31.333
201612 24.433 241.432 32.794
201703 24.169 243.801 32.125
201706 22.240 244.955 29.422
201709 23.604 246.819 30.990
201712 24.584 246.524 32.315
201803 25.252 249.554 32.791
201806 23.152 251.989 29.773
201809 24.401 252.439 31.323
201812 26.129 251.233 33.703
201903 26.888 254.202 34.277
201906 23.862 256.143 30.189
201909 24.861 256.759 31.377
201912 25.450 256.974 32.093
202003 25.805 258.115 32.397
202006 23.589 257.797 29.652
202009 24.709 260.280 30.763
202012 27.612 260.474 34.352
202103 29.486 264.877 36.074
202106 30.533 271.696 36.417
202109 28.467 274.310 33.629
202112 30.108 278.802 34.995
202203 30.911 287.504 34.841
202206 27.793 296.311 30.395
202209 33.179 296.808 36.225
202212 33.805 296.797 36.910
202303 31.973 301.836 34.327
202306 32.736 305.109 34.769
202309 33.192 307.789 34.946
202312 32.658 306.746 34.501
202403 31.686 312.332 32.875
202406 32.204 314.175 33.217
202409 32.628 315.301 33.534
202412 33.478 315.605 34.374
202503 32.500 319.799 32.932
202506 31.333 322.561 31.478
202509 32.079 324.800 32.005
202512 33.426 324.054 33.426

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$32.95 mean?
Chi Hua Fitness Co (ROCO:1593) has a Cyclically Adjusted Book per Share of NT$32.95 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 Chi Hua Fitness Co and its competitors.
Is Chi Hua Fitness Co's Cyclically Adjusted Book per Share too high?
Chi Hua Fitness Co's current Cyclically Adjusted Book per Share is NT$32.95. Overall, Chi Hua Fitness Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chi Hua Fitness Co's Cyclically Adjusted Book per Share compare to AS and HAS?
Chi Hua Fitness Co's Cyclically Adjusted Book per Share of NT$32.95 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Chi Hua Fitness Co and its competitors. Chi Hua Fitness Co's current Cyclically Adjusted Book per Share is NT$32.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Hua Fitness Co stock overvalued right now?
Based on GuruFocus' analysis, Chi Hua Fitness Co (ROCO:1593) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$53.26, compared to a current price of NT$30.40 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$32.95. Chi Hua Fitness Co's overall GF Score™ is 74/100 with 5 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 Chi Hua Fitness Co (ROCO:1593), the current Cyclically Adjusted Book per Share is NT$32.95 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 Chi Hua Fitness Co (ROCO:1593) Overvalued in 2026?

Based on GuruFocus' analysis, Chi Hua Fitness Co stock appears to be undervalued. The current stock price of NT$30.40 is trading 42.9% below its estimated GF Value™ of NT$53.26. GuruFocus considers Chi Hua Fitness Co to be Significantly Undervalued.

Key valuation signals for ROCO:1593:

  • Cyclically Adjusted Book per Share: NT$32.95
  • GF Value™: NT$53.26 vs. price of NT$30.40 (42.9% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the ROCO:1593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chi Hua Fitness Co Business Description

Address No.231, Dexing Road, Hukou Township, Hsinchu, TWN
Chi Hua Fitness Co Ltd is a Taiwan-based company engaged in the manufacture and sales of sports equipment and related products. Its product line includes consoles, bikes, lower control boards, gear motors, brakes, cables, bicycle trainers, low-cost generators, and wind generators, among others.
74GF Score

Get the complete analysis for ROCO:1593

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

NT$30.40
Price
NT$53.26
GF Value