Chain Chon Industrial Co (ROCO:5014) Cyclically Adjusted Book per Share: NT$16.07 (As of Jun. 2026)

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ROCO:5014 Chain Chon Industrial Co Ltd ROCO:5014
57 GF Score
Price NT$10.10
GF Value NT$12.67
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Chain Chon Industrial Co Cyclically Adjusted Book per Share?

Chain Chon Industrial Co ROCO:5014 -1.46% 57 Cyclically Adjusted Book per Share is NT$16.07 as of Jun. 2026. GuruFocus rates ROCO:5014 with a GF Score™ of 57/100 and a GF Value™ of NT$12.67 (Modestly Undervalued). The stock has 7 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.

Chain Chon Industrial Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$14.448. 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$16.07 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Chain Chon Industrial Co's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Chain Chon Industrial Co was 5.90% per year. The lowest was 2.90% per year. And the median was 4.60% per year.

As of today (2026-08-25), Chain Chon Industrial Co's current stock price is NT$10.10. Chain Chon Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$16.07. Chain Chon Industrial Co's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chain Chon Industrial Co was 2.06. The lowest was 0.47. And the median was 0.96.


Chain Chon Industrial Co  (ROCO:5014) 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.

Chain Chon Industrial Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.10/16.07
=0.63

* 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 Chain Chon Industrial Co was 2.06. The lowest was 0.47. And the median was 0.96.


Be Aware

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


Chain Chon Industrial Co Cyclically Adjusted Book per Share Related Terms


Chain Chon Industrial Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chain Chon Industrial 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.

Chain Chon Industrial Co Cyclically Adjusted Book per Share Chart

Chain Chon Industrial 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 13.24 14.27 14.84 15.31 15.57

Chain Chon Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.57 15.63 15.57 15.89 16.07

ROCO:5014 vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, Chain Chon Industrial 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.


Chain Chon Industrial Co Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Chain Chon Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chain Chon Industrial Co's Cyclically Adjusted PB Ratio falls into.


ROCO:5014
57GF Score
Chain Chon Industrial Co Ltd ROCO:5014
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chain Chon Industrial 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, Chain Chon Industrial Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.448/333.9520*333.9520
=14.448

Current CPI (Jun. 2026) = 333.9520.

Chain Chon Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.170 241.428 14.068
201612 12.154 241.432 16.812
201703 11.570 243.801 15.848
201706 10.084 244.955 13.748
201709 11.683 246.819 15.807
201712 11.891 246.524 16.108
201803 11.969 249.554 16.017
201806 11.281 251.989 14.950
201809 10.859 252.439 14.365
201812 10.764 251.233 14.308
201903 10.520 254.202 13.820
201906 10.280 256.143 13.403
201909 10.326 256.759 13.430
201912 10.146 256.974 13.185
202003 9.284 258.115 12.012
202006 8.908 257.797 11.539
202009 11.581 260.280 14.859
202012 12.102 260.474 15.516
202103 12.457 264.877 15.706
202106 13.090 271.696 16.089
202109 14.268 274.310 17.370
202112 15.403 278.802 18.450
202203 17.524 287.504 20.355
202206 16.428 296.311 18.515
202209 17.555 296.808 19.752
202212 17.123 296.797 19.267
202303 17.119 301.836 18.940
202306 15.952 305.109 17.460
202309 17.165 307.789 18.624
202312 16.125 306.746 17.555
202403 17.416 312.332 18.622
202406 17.179 314.175 18.260
202409 16.811 315.301 17.805
202412 17.359 315.605 18.368
202503 17.681 319.799 18.463
202506 13.351 322.561 13.822
202509 14.189 324.800 14.589
202512 14.434 324.054 14.875
202603 15.347 330.213 15.521
202606 14.448 333.952 14.448

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$16.07 mean?
Chain Chon Industrial Co (ROCO:5014) has a Cyclically Adjusted Book per Share of NT$16.07 as of Jun. 2026. 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 Chain Chon Industrial Co and its competitors.
Is Chain Chon Industrial Co's Cyclically Adjusted Book per Share too high?
Chain Chon Industrial Co's current Cyclically Adjusted Book per Share is NT$16.07. Overall, Chain Chon Industrial Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chain Chon Industrial Co's Cyclically Adjusted Book per Share compare to NUE and STLD?
Chain Chon Industrial Co's Cyclically Adjusted Book per Share of NT$16.07 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 Chain Chon Industrial Co and its competitors. Chain Chon Industrial Co's current Cyclically Adjusted Book per Share is NT$16.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chain Chon Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chain Chon Industrial Co (ROCO:5014) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.67, compared to a current price of NT$10.10 — trading 20.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$16.07. Chain Chon Industrial Co's overall GF Score™ is 57/100 with 7 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 Chain Chon Industrial Co (ROCO:5014), the current Cyclically Adjusted Book per Share is NT$16.07 as of Jun. 2026. 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 Chain Chon Industrial Co (ROCO:5014) Overvalued in 2026?

Based on GuruFocus' analysis, Chain Chon Industrial Co stock appears to be undervalued. The current stock price of NT$10.10 is trading 20.3% below its estimated GF Value™ of NT$12.67. GuruFocus considers Chain Chon Industrial Co to be Modestly Undervalued.

Key valuation signals for ROCO:5014:

  • Cyclically Adjusted Book per Share: NT$16.07
  • GF Value™: NT$12.67 vs. price of NT$10.10 (20.3% below fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the ROCO:5014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chain Chon Industrial Co Business Description

Address No. 178, Daguan Road, Tienxin Village, Dayuan District, Taoyuan, TWN, 337
Chain Chon Industrial Co Ltd is mainly engaged in cutting, strip processing, and selling of stainless steel sheets, stainless steel rolls, steel and iron materials, as well as various hardware materials.. It processes and markets cold-rolled and hot-rolled stainless steel coils, sheets, checker plates, strips, angles, flat bars, welded H-beams, and polished coils or sheets. The company generates maximum revenue from Stainless steel coil.
57GF Score

Get the complete analysis for ROCO:5014

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

NT$10.10
Price
NT$12.67
GF Value