Sheh Kai Precision Co (ROCO:2063) Cyclically Adjusted Book per Share: NT$20.41 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:2063 Sheh Kai Precision Co Ltd ROCO:2063
62 GF Score
Price NT$24.00
GF Value NT$25.44
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Sheh Kai Precision Co Cyclically Adjusted Book per Share?

Sheh Kai Precision Co ROCO:2063 -0.62% 62 Cyclically Adjusted Book per Share is NT$20.41 as of Dec. 2025. GuruFocus rates ROCO:2063 with a GF Score™ of 62/100 and a GF Value™ of NT$25.44 (Fairly Valued). The stock has 9 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.

Sheh Kai Precision Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$19.118. 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$20.41 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Sheh Kai Precision Co's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Sheh Kai Precision Co was 7.00% per year. The lowest was 4.80% per year. And the median was 6.05% per year.

As of today (2026-07-21), Sheh Kai Precision Co's current stock price is NT$24.00. Sheh Kai Precision Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$20.41. Sheh Kai Precision Co's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sheh Kai Precision Co was 3.14. The lowest was 1.17. And the median was 2.18.


Sheh Kai Precision Co  (ROCO:2063) 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.

Sheh Kai Precision Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.00/20.41
=1.18

* 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 Sheh Kai Precision Co was 3.14. The lowest was 1.17. And the median was 2.18.


Be Aware

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


Sheh Kai Precision Co Cyclically Adjusted Book per Share Related Terms


Sheh Kai Precision Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sheh Kai Precision 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.

Sheh Kai Precision Co Cyclically Adjusted Book per Share Chart

Sheh Kai Precision 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 16.43 17.75 18.74 19.74 20.41

Sheh Kai Precision 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 19.74 20.05 20.28 20.45 20.41

ROCO:2063 vs SNA, RBC, LECO: Cyclically Adjusted Book per Share Comparison

For the Tools & Accessories subindustry, Sheh Kai Precision 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.


Sheh Kai Precision Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Sheh Kai Precision Co's Cyclically Adjusted PB Ratio falls into.


ROCO:2063
62GF Score
Sheh Kai Precision Co Ltd ROCO:2063
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sheh Kai Precision 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, Sheh Kai Precision 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)
=19.118/324.0540*324.0540
=19.118

Current CPI (Dec. 2025) = 324.0540.

Sheh Kai Precision Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 13.951 238.132 18.985
201606 13.544 241.018 18.210
201609 13.995 241.428 18.785
201612 13.973 241.432 18.755
201703 14.411 243.801 19.155
201706 13.931 244.955 18.429
201709 14.811 246.819 19.446
201712 15.370 246.524 20.204
201803 16.192 249.554 21.026
201806 14.616 251.989 18.796
201809 15.774 252.439 20.249
201812 16.527 251.233 21.317
201903 17.427 254.202 22.216
201906 15.363 256.143 19.436
201909 16.365 256.759 20.654
201912 17.048 256.974 21.498
202003 15.220 258.115 19.108
202006 15.612 257.797 19.624
202009 16.226 260.280 20.202
202012 16.823 260.474 20.929
202103 15.630 264.877 19.122
202106 16.485 271.696 19.662
202109 17.539 274.310 20.720
202112 17.106 278.802 19.882
202203 16.048 287.504 18.088
202206 18.962 296.311 20.737
202209 20.364 296.808 22.233
202212 19.582 296.797 21.380
202303 18.964 301.836 20.360
202306 20.624 305.109 21.905
202309 22.354 307.789 23.535
202312 21.712 306.746 22.937
202403 21.117 312.332 21.910
202406 21.911 314.175 22.600
202409 22.217 315.301 22.834
202412 22.689 315.605 23.296
202503 20.509 319.799 20.782
202506 19.313 322.561 19.402
202509 19.033 324.800 18.989
202512 19.118 324.054 19.118

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$20.41 mean?
Sheh Kai Precision Co (ROCO:2063) has a Cyclically Adjusted Book per Share of NT$20.41 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 Sheh Kai Precision Co and its competitors.
Is Sheh Kai Precision Co's Cyclically Adjusted Book per Share too high?
Sheh Kai Precision Co's current Cyclically Adjusted Book per Share is NT$20.41. Overall, Sheh Kai Precision Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sheh Kai Precision Co's Cyclically Adjusted Book per Share compare to SNA and RBC?
Sheh Kai Precision Co's Cyclically Adjusted Book per Share of NT$20.41 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 Sheh Kai Precision Co and its competitors. Sheh Kai Precision Co's current Cyclically Adjusted Book per Share is NT$20.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheh Kai Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Sheh Kai Precision Co (ROCO:2063) is currently considered Fairly Valued. The stock's GF Value™ is NT$25.44, compared to a current price of NT$24.00 — trading 5.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$20.41. Sheh Kai Precision Co's overall GF Score™ is 62/100 with 9 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 Sheh Kai Precision Co (ROCO:2063), the current Cyclically Adjusted Book per Share is NT$20.41 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 Sheh Kai Precision Co (ROCO:2063) Overvalued in 2026?

Based on GuruFocus' analysis, Sheh Kai Precision Co stock appears to be undervalued. The current stock price of NT$24.00 is trading 5.7% below its estimated GF Value™ of NT$25.44. GuruFocus considers Sheh Kai Precision Co to be Fairly Valued.

Key valuation signals for ROCO:2063:

  • Cyclically Adjusted Book per Share: NT$20.41
  • GF Value™: NT$25.44 vs. price of NT$24.00 (5.7% below fair value)
  • GF Score™: 62/100 with 9 warning signs

No single metric tells the full story. See the ROCO:2063 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sheh Kai Precision Co Business Description

Address No.1, BenGong 1st Road, Gangshan Dist, Kaohsiung, TWN, 820110
Sheh Kai Precision Co Ltd is engaged in the manufacture of screws, nuts, bolts, rivers, and other metal products. It has two operating segments; The company, and Sheh Kai Trading (Shanghai) Co., Ltd. and Bi-Metal Limited. It generates majority of its revenue from the company segment.
62GF Score

Get the complete analysis for ROCO:2063

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

NT$24.00
Price
NT$25.44
GF Value