Kuen Ling Machinery Refrigerating Co (ROCO:4527) Cyclically Adjusted Book per Share: NT$21.99 (As of Dec. 2025)

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ROCO:4527 Kuen Ling Machinery Refrigerating Co Ltd ROCO:4527
68 GF Score
Price NT$39.55
GF Value NT$36.89
Valuation Fairly Valued
! 2 Warning Signs
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What is Kuen Ling Machinery Refrigerating Co Cyclically Adjusted Book per Share?

Kuen Ling Machinery Refrigerating Co ROCO:4527 68 Cyclically Adjusted Book per Share is NT$21.99 as of Dec. 2025. GuruFocus rates ROCO:4527 with a GF Score™ of 68/100 and a GF Value™ of NT$36.89 (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.

Kuen Ling Machinery Refrigerating Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$23.575. 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$21.99 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Kuen Ling Machinery Refrigerating Co's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Kuen Ling Machinery Refrigerating Co was 6.70% per year. The lowest was 3.10% per year. And the median was 5.50% per year.

As of today (2026-07-16), Kuen Ling Machinery Refrigerating Co's current stock price is NT$39.55. Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$21.99. Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PB Ratio of today is 1.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuen Ling Machinery Refrigerating Co was 2.95. The lowest was 1.26. And the median was 1.66.


Kuen Ling Machinery Refrigerating Co  (ROCO:4527) 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.

Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.55/21.99
=1.80

* 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 Kuen Ling Machinery Refrigerating Co was 2.95. The lowest was 1.26. And the median was 1.66.


Be Aware

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


Kuen Ling Machinery Refrigerating Co Cyclically Adjusted Book per Share Related Terms


Kuen Ling Machinery Refrigerating Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kuen Ling Machinery Refrigerating 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.

Kuen Ling Machinery Refrigerating Co Cyclically Adjusted Book per Share Chart

Kuen Ling Machinery Refrigerating 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 18.73 20.06 20.75 21.45 21.99

Kuen Ling Machinery Refrigerating 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 21.45 21.70 21.89 22.03 21.99

ROCO:4527 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Kuen Ling Machinery Refrigerating 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.


Kuen Ling Machinery Refrigerating Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PB Ratio falls into.


ROCO:4527
68GF Score
Kuen Ling Machinery Refrigerating Co Ltd ROCO:4527
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Kuen Ling Machinery Refrigerating 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, Kuen Ling Machinery Refrigerating 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)
=23.575/324.0540*324.0540
=23.575

Current CPI (Dec. 2025) = 324.0540.

Kuen Ling Machinery Refrigerating Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 16.886 238.132 22.979
201606 15.638 241.018 21.026
201609 16.404 241.428 22.018
201612 17.314 241.432 23.239
201703 17.357 243.801 23.070
201706 15.862 244.955 20.984
201709 16.548 246.819 21.726
201712 17.274 246.524 22.707
201803 17.836 249.554 23.161
201806 16.476 251.989 21.188
201809 17.160 252.439 22.028
201812 17.986 251.233 23.199
201903 18.400 254.202 23.456
201906 16.740 256.143 21.178
201909 16.947 256.759 21.389
201912 17.814 256.974 22.464
202003 18.054 258.115 22.666
202006 17.472 257.797 21.963
202009 17.874 260.280 22.254
202012 18.893 260.474 23.505
202103 19.236 264.877 23.534
202106 19.601 271.696 23.378
202109 18.029 274.310 21.298
202112 18.818 278.802 21.872
202203 19.354 287.504 21.814
202206 17.973 296.311 19.656
202209 18.774 296.808 20.497
202212 20.174 296.797 22.027
202303 18.584 301.836 19.952
202306 19.036 305.109 20.218
202309 19.972 307.789 21.027
202312 21.347 306.746 22.551
202403 19.808 312.332 20.551
202406 21.030 314.175 21.691
202409 22.149 315.301 22.764
202412 23.584 315.605 24.215
202503 21.018 319.799 21.298
202506 20.305 322.561 20.399
202509 21.176 324.800 21.127
202512 23.575 324.054 23.575

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$21.99 mean?
Kuen Ling Machinery Refrigerating Co (ROCO:4527) has a Cyclically Adjusted Book per Share of NT$21.99 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 Kuen Ling Machinery Refrigerating Co and its competitors.
Is Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted Book per Share too high?
Kuen Ling Machinery Refrigerating Co's current Cyclically Adjusted Book per Share is NT$21.99. Overall, Kuen Ling Machinery Refrigerating Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted Book per Share of NT$21.99 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 Kuen Ling Machinery Refrigerating Co and its competitors. Kuen Ling Machinery Refrigerating Co's current Cyclically Adjusted Book per Share is NT$21.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuen Ling Machinery Refrigerating Co stock overvalued right now?
Based on GuruFocus' analysis, Kuen Ling Machinery Refrigerating Co (ROCO:4527) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.89, compared to a current price of NT$39.55 — trading 7.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$21.99. Kuen Ling Machinery Refrigerating Co's overall GF Score™ is 68/100 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 Kuen Ling Machinery Refrigerating Co (ROCO:4527), the current Cyclically Adjusted Book per Share is NT$21.99 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 Kuen Ling Machinery Refrigerating Co (ROCO:4527) Overvalued in 2026?

Based on GuruFocus' analysis, Kuen Ling Machinery Refrigerating Co stock appears to be overvalued. The current stock price of NT$39.55 is trading 7.2% above its estimated GF Value™ of NT$36.89. GuruFocus considers Kuen Ling Machinery Refrigerating Co to be Fairly Valued.

Key valuation signals for ROCO:4527:

  • Cyclically Adjusted Book per Share: NT$21.99
  • GF Value™: NT$36.89 vs. price of NT$39.55 (7.2% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the ROCO:4527 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuen Ling Machinery Refrigerating Co Business Description

Address No.300, Chihkan North Road, Ziguan District, Kaohsiung, TWN, 826
Kuen Ling Machinery Refrigerating Co Ltd is engaged in the installation, maintenance, repair, assembly, manufacturing, processing, buying and selling, domestic and international sales, and leasing of condensers, ice water coolers, ice water units, and refrigeration units. Its products are water-cooled centrifugal, screw type, flooded type chiller units, air-cooled chiller unit, computer room packaged chiller units, thermal storage ice tank, and vacuum freeze-dried equipment. There are three segments of the Group, which are operation bases in Taiwan, Mainland China and Vietnam regions.
68GF Score

Get the complete analysis for ROCO:4527

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

NT$39.55
Price
NT$36.89
GF Value