Gold Rain Enterprises (ROCO:4503) Cyclically Adjusted Book per Share: NT$14.86 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ROCO:4503 Gold Rain Enterprises Corp ROCO:4503
64 GF Score
Price NT$36.00
GF Value NT$95.22
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Gold Rain Enterprises Cyclically Adjusted Book per Share?

Gold Rain Enterprises ROCO:4503 -6.98% 64 Cyclically Adjusted Book per Share is NT$14.86 as of Dec. 2025. GuruFocus rates ROCO:4503 with a GF Score™ of 64/100 and a GF Value™ of NT$95.22 (Significantly Undervalued). The stock has 1 warning sign 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.

Gold Rain Enterprises's adjusted book value per share for the three months ended in Dec. 2025 was NT$20.577. 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$14.86 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Gold Rain Enterprises's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 Gold Rain Enterprises was 8.30% per year. The lowest was 6.20% per year. And the median was 7.35% per year.

As of today (2026-07-17), Gold Rain Enterprises's current stock price is NT$36.00. Gold Rain Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$14.86. Gold Rain Enterprises's Cyclically Adjusted PB Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gold Rain Enterprises was 5.93. The lowest was 1.32. And the median was 2.97.


Gold Rain Enterprises  (ROCO:4503) 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.

Gold Rain Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.00/14.86
=2.42

* 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 Gold Rain Enterprises was 5.93. The lowest was 1.32. And the median was 2.97.


Be Aware

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


Gold Rain Enterprises Cyclically Adjusted Book per Share Related Terms


Gold Rain Enterprises Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Gold Rain Enterprises'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.

Gold Rain Enterprises Cyclically Adjusted Book per Share Chart

Gold Rain Enterprises 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 10.88 11.69 12.50 13.49 14.86

Gold Rain Enterprises 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 13.49 13.93 14.30 14.64 14.86

Gold Rain Enterprises Cyclically Adjusted Book per Share Competitor Comparison

For the Business Equipment & Supplies subindustry, Gold Rain Enterprises'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.


Gold Rain Enterprises Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gold Rain Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gold Rain Enterprises's Cyclically Adjusted PB Ratio falls into.


ROCO:4503
64GF Score
Gold Rain Enterprises Corp ROCO:4503
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Rain Enterprises 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, Gold Rain Enterprises'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)
=20.577/324.0540*324.0540
=20.577

Current CPI (Dec. 2025) = 324.0540.

Gold Rain Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201603 7.755 238.132 10.553
201606 7.928 241.018 10.659
201609 7.927 241.428 10.640
201612 7.948 241.432 10.668
201703 10.463 243.801 13.907
201706 10.802 244.955 14.290
201709 11.146 246.819 14.634
201712 11.243 246.524 14.779
201803 11.380 249.554 14.777
201806 11.812 251.989 15.190
201809 11.934 252.439 15.320
201812 12.188 251.233 15.721
201903 12.435 254.202 15.852
201906 12.141 256.143 15.360
201909 12.237 256.759 15.444
201912 12.245 256.974 15.441
202003 12.356 258.115 15.513
202006 12.407 257.797 15.596
202009 12.080 260.280 15.040
202012 11.806 260.474 14.688
202103 11.696 264.877 14.309
202106 11.428 271.696 13.630
202109 11.220 274.310 13.255
202112 10.910 278.802 12.681
202203 10.671 287.504 12.028
202206 12.099 296.311 13.232
202209 12.143 296.808 13.258
202212 11.921 296.797 13.016
202303 14.875 301.836 15.970
202306 14.651 305.109 15.561
202309 14.554 307.789 15.323
202312 13.973 306.746 14.761
202403 13.772 312.332 14.289
202406 13.748 314.175 14.180
202409 15.580 315.301 16.013
202412 19.246 315.605 19.761
202503 19.274 319.799 19.530
202506 19.009 322.561 19.097
202509 19.942 324.800 19.896
202512 20.577 324.054 20.577

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$14.86 mean?
Gold Rain Enterprises (ROCO:4503) has a Cyclically Adjusted Book per Share of NT$14.86 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 Gold Rain Enterprises and its competitors.
Is Gold Rain Enterprises' Cyclically Adjusted Book per Share too high?
Gold Rain Enterprises' current Cyclically Adjusted Book per Share is NT$14.86. Overall, Gold Rain Enterprises has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gold Rain Enterprises' Cyclically Adjusted Book per Share compare to competitors?
Gold Rain Enterprises' Cyclically Adjusted Book per Share of NT$14.86 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 Gold Rain Enterprises and its competitors. Gold Rain Enterprises's current Cyclically Adjusted Book per Share is NT$14.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Rain Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Gold Rain Enterprises (ROCO:4503) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$95.22, compared to a current price of NT$36.00 — trading 62.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$14.86. Gold Rain Enterprises' overall GF Score™ is 64/100 with 1 warning sign 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 Gold Rain Enterprises (ROCO:4503), the current Cyclically Adjusted Book per Share is NT$14.86 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 Gold Rain Enterprises (ROCO:4503) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Rain Enterprises stock appears to be undervalued. The current stock price of NT$36.00 is trading 62.2% below its estimated GF Value™ of NT$95.22. GuruFocus considers Gold Rain Enterprises to be Significantly Undervalued.

Key valuation signals for ROCO:4503:

  • Cyclically Adjusted Book per Share: NT$14.86
  • GF Value™: NT$95.22 vs. price of NT$36.00 (62.2% below fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the ROCO:4503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gold Rain Enterprises Business Description

Address Lane 411, Punei Street, No. 101, Yanhe Village, Changhua County, Changhua, TWN, 500024
Gold Rain Enterprises Corp is a Taiwan-based manufacturer of vending machines. It offers various service machines comprising digital vending machines, post machines, digital photo printers, knocking gamers, lottery machines, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with full production line tools, such as various types of molds, punching beds, laser cutting, painting, welding, and assembly lines. Geographically, the company generates maximum revenue from Taiwan and the rest from other parts of Asia.
64GF Score

Get the complete analysis for ROCO:4503

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

NT$36.00
Price
NT$95.22
GF Value