Trigold Holdings (ROCO:3709) Cyclically Adjusted Book per Share: NT$19.59 (As of Dec. 2025)

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ROCO:3709 Trigold Holdings Ltd ROCO:3709
83 GF Score
Price NT$78.00
GF Value NT$43.37
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Trigold Holdings Cyclically Adjusted Book per Share?

Trigold Holdings ROCO:3709 -0.38% 83 Cyclically Adjusted Book per Share is NT$19.59 as of Dec. 2025. GuruFocus rates ROCO:3709 with a GF Score™ of 83/100 and a GF Value™ of NT$43.37 (Significantly Overvalued). 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.

Trigold Holdings's adjusted book value per share for the three months ended in Dec. 2025 was NT$28.484. 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$19.59 for the trailing ten years ended in Dec. 2025.

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.

As of today (2026-07-17), Trigold Holdings's current stock price is NT$78.00. Trigold Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$19.59. Trigold Holdings's Cyclically Adjusted PB Ratio of today is 3.98.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Trigold Holdings was 4.63. The lowest was 2.37. And the median was 3.19.


Trigold Holdings  (ROCO:3709) 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.

Trigold Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=78.00/19.59
=3.98

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Trigold Holdings was 4.63. The lowest was 2.37. And the median was 3.19.


Be Aware

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


Trigold Holdings Cyclically Adjusted Book per Share Related Terms


Trigold Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Trigold Holdings'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.

Trigold Holdings Cyclically Adjusted Book per Share Chart

Trigold Holdings 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 0.00 0.00 0.00 0.00 19.59

Trigold Holdings 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 0.00 0.00 0.00 19.30 19.59

ROCO:3709 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Trigold Holdings'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.


Trigold Holdings Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Trigold Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Trigold Holdings's Cyclically Adjusted PB Ratio falls into.


ROCO:3709
83GF Score
Trigold Holdings Ltd ROCO:3709
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trigold Holdings 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, Trigold Holdings'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)
=28.484/324.0540*324.0540
=28.484

Current CPI (Dec. 2025) = 324.0540.

Trigold Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201512 11.857 236.525 16.245
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 12.160 244.955 16.087
201709 12.431 246.819 16.321
201712 15.451 246.524 20.310
201803 13.135 249.554 17.056
201806 12.529 251.989 16.112
201809 12.717 252.439 16.325
201812 12.442 251.233 16.048
201903 12.780 254.202 16.292
201906 12.555 256.143 15.884
201909 12.734 256.759 16.072
201912 13.071 256.974 16.483
202003 13.347 258.115 16.757
202006 12.893 257.797 16.207
202009 13.782 260.280 17.159
202012 14.460 260.474 17.990
202103 15.537 264.877 19.008
202106 15.649 271.696 18.665
202109 18.224 274.310 21.529
202112 18.859 278.802 21.920
202203 20.315 287.504 22.898
202206 19.061 296.311 20.846
202209 19.823 296.808 21.643
202212 19.715 296.797 21.526
202303 20.139 301.836 21.621
202306 19.315 305.109 20.514
202309 19.954 307.789 21.008
202312 19.834 306.746 20.953
202403 20.340 312.332 21.103
202406 20.204 314.175 20.839
202409 20.731 315.301 21.307
202412 22.028 315.605 22.618
202503 23.773 319.799 24.089
202506 22.625 322.561 22.730
202509 24.482 324.800 24.426
202512 28.484 324.054 28.484

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$19.59 mean?
Trigold Holdings (ROCO:3709) has a Cyclically Adjusted Book per Share of NT$19.59 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 Trigold Holdings and its competitors.
Is Trigold Holdings' Cyclically Adjusted Book per Share too high?
Trigold Holdings' current Cyclically Adjusted Book per Share is NT$19.59. Overall, Trigold Holdings has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trigold Holdings' Cyclically Adjusted Book per Share compare to SNX and ARW?
Trigold Holdings' Cyclically Adjusted Book per Share of NT$19.59 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Trigold Holdings and its competitors. Trigold Holdings's current Cyclically Adjusted Book per Share is NT$19.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trigold Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trigold Holdings (ROCO:3709) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.37, compared to a current price of NT$78.00 — trading 79.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$19.59. Trigold Holdings' overall GF Score™ is 83/100 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 Trigold Holdings (ROCO:3709), the current Cyclically Adjusted Book per Share is NT$19.59 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 Trigold Holdings (ROCO:3709) Overvalued in 2026?

Based on GuruFocus' analysis, Trigold Holdings stock appears to be overvalued. The current stock price of NT$78.00 is trading 79.8% above its estimated GF Value™ of NT$43.37. GuruFocus considers Trigold Holdings to be Significantly Overvalued.

Key valuation signals for ROCO:3709:

  • Cyclically Adjusted Book per Share: NT$19.59
  • GF Value™: NT$43.37 vs. price of NT$78.00 (79.8% above fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the ROCO:3709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trigold Holdings Business Description

Address 22nd Floor, No. 189, Jingmao 2nd Road, 22nd Floor, Nangang District, Taipei, TWN, 115
Trigold Holdings Ltd is engaged in establishing the group's management mechanism, supervising subsidiaries operations and enhancing the overall effectiveness of the group through resource integration and sharing platforms. Its segments consist of Taiwan - computer peripherals; Mainland China - computer peripherals, and Others. The majority of the revenue is derived from Mainland China - computer peripherals.
83GF Score

Get the complete analysis for ROCO:3709

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

NT$78.00
Price
NT$43.37
GF Value