Sun Fon Construction Co (ROCO:5514) Cyclically Adjusted Book per Share: NT$13.03 (As of Dec. 2025)

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ROCO:5514 Sun Fon Construction Co Ltd ROCO:5514
22 GF Score
Price NT$13.40
GF Value NT$0.27
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Sun Fon Construction Co Cyclically Adjusted Book per Share?

Sun Fon Construction Co ROCO:5514 -0.37% 22 Cyclically Adjusted Book per Share is NT$13.03 as of Dec. 2025. GuruFocus rates ROCO:5514 with a GF Score™ of 22/100 and a GF Value™ of NT$0.27 (Significantly Overvalued). The stock has 8 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.

Sun Fon Construction Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$13.782. 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$13.03 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Sun Fon Construction Co's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 Sun Fon Construction Co was 10.90% per year. The lowest was 5.90% per year. And the median was 9.15% per year.

As of today (2026-07-21), Sun Fon Construction Co's current stock price is NT$13.40. Sun Fon Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$13.03. Sun Fon Construction Co's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sun Fon Construction Co was 2.09. The lowest was 1.03. And the median was 1.59.


Sun Fon Construction Co  (ROCO:5514) 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.

Sun Fon Construction Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.40/13.03
=1.03

* 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 Sun Fon Construction Co was 2.09. The lowest was 1.03. And the median was 1.59.


Be Aware

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


Sun Fon Construction Co Cyclically Adjusted Book per Share Related Terms


Sun Fon Construction Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sun Fon Construction 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.

Sun Fon Construction Co Cyclically Adjusted Book per Share Chart

Sun Fon Construction 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 9.88 10.97 11.82 12.46 13.03

Sun Fon Construction 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 12.46 12.68 12.85 13.00 13.03

ROCO:5514 vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Sun Fon Construction 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.


Sun Fon Construction Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Fon Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sun Fon Construction Co's Cyclically Adjusted PB Ratio falls into.


ROCO:5514
22GF Score
Sun Fon Construction Co Ltd ROCO:5514
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Fon Construction 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, Sun Fon Construction 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)
=13.782/324.0540*324.0540
=13.782

Current CPI (Dec. 2025) = 324.0540.

Sun Fon Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 8.307 238.132 11.304
201606 8.350 241.018 11.227
201609 8.453 241.428 11.346
201612 8.835 241.432 11.858
201703 8.966 243.801 11.917
201706 8.659 244.955 11.455
201709 8.703 246.819 11.426
201712 9.075 246.524 11.929
201803 9.425 249.554 12.239
201806 9.039 251.989 11.624
201809 9.255 252.439 11.881
201812 8.726 251.233 11.255
201903 9.489 254.202 12.096
201906 9.607 256.143 12.154
201909 10.303 256.759 13.003
201912 10.587 256.974 13.351
202003 9.907 258.115 12.438
202006 11.617 257.797 14.603
202009 11.883 260.280 14.795
202012 12.040 260.474 14.979
202103 12.339 264.877 15.096
202106 12.449 271.696 14.848
202109 12.262 274.310 14.486
202112 12.586 278.802 14.629
202203 12.714 287.504 14.330
202206 12.022 296.311 13.148
202209 11.937 296.808 13.033
202212 12.018 296.797 13.122
202303 12.133 301.836 13.026
202306 12.294 305.109 13.057
202309 12.283 307.789 12.932
202312 12.723 306.746 13.441
202403 12.804 312.332 13.285
202406 13.173 314.175 13.587
202409 13.206 315.301 13.573
202412 13.692 315.605 14.059
202503 13.524 319.799 13.704
202506 13.336 322.561 13.398
202509 13.704 324.800 13.673
202512 13.782 324.054 13.782

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$13.03 mean?
Sun Fon Construction Co (ROCO:5514) has a Cyclically Adjusted Book per Share of NT$13.03 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 Sun Fon Construction Co and its competitors.
Is Sun Fon Construction Co's Cyclically Adjusted Book per Share too high?
Sun Fon Construction Co's current Cyclically Adjusted Book per Share is NT$13.03. Overall, Sun Fon Construction Co has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Fon Construction Co's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Sun Fon Construction Co's Cyclically Adjusted Book per Share of NT$13.03 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Sun Fon Construction Co and its competitors. Sun Fon Construction Co's current Cyclically Adjusted Book per Share is NT$13.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Fon Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Sun Fon Construction Co (ROCO:5514) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.27, compared to a current price of NT$13.40 — trading 4863% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$13.03. Sun Fon Construction Co's overall GF Score™ is 22/100 with 8 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 Sun Fon Construction Co (ROCO:5514), the current Cyclically Adjusted Book per Share is NT$13.03 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 Sun Fon Construction Co (ROCO:5514) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Fon Construction Co stock appears to be overvalued. The current stock price of NT$13.40 is trading 4863% above its estimated GF Value™ of NT$0.27. GuruFocus considers Sun Fon Construction Co to be Significantly Overvalued.

Key valuation signals for ROCO:5514:

  • Cyclically Adjusted Book per Share: NT$13.03
  • GF Value™: NT$0.27 vs. price of NT$13.40 (4863% above fair value)
  • GF Score™: 22/100 with 8 warning signs

No single metric tells the full story. See the ROCO:5514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Fon Construction Co Business Description

Address No. 173 Chang An East Road, Section 2, 7th Floor, Songshan District, Taipei, TWN
Sun Fon Construction Co Ltd is engaged in the development of public housing, and lease/sale of commercial buildings. Its segments include Construction & Operation Segment and Building & Operation Segment. Construction Segment, which generates the majority of its revenue is engaged in construction of public housing and rents out and sells commercial buildings.
22GF Score

Get the complete analysis for ROCO:5514

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

NT$13.40
Price
NT$0.27
GF Value