Full Wang International Development Co (ROCO:6219) Cyclically Adjusted Book per Share: NT$18.13 (As of Dec. 2025)

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ROCO:6219 Full Wang International Development Co Ltd ROCO:6219
39 GF Score
Price NT$12.75
GF Value NT$34.97
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Full Wang International Development Co Cyclically Adjusted Book per Share?

Full Wang International Development Co ROCO:6219 +0.39% 39 Cyclically Adjusted Book per Share is NT$18.13 as of Dec. 2025. GuruFocus rates ROCO:6219 with a GF Score™ of 39/100 and a GF Value™ of NT$34.97 (Possible Value Trap). The stock has 9 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.

Full Wang International Development Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$15.918. 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$18.13 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Full Wang International Development Co's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 Full Wang International Development Co was 5.80% per year. The lowest was -1.10% per year. And the median was 2.65% per year.

As of today (2026-07-18), Full Wang International Development Co's current stock price is NT$12.75. Full Wang International Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$18.13. Full Wang International Development Co's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Full Wang International Development Co was 2.78. The lowest was 0.66. And the median was 1.40.


Full Wang International Development Co  (ROCO:6219) 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.

Full Wang International Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.75/18.13
=0.70

* 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 Full Wang International Development Co was 2.78. The lowest was 0.66. And the median was 1.40.


Be Aware

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


Full Wang International Development Co Cyclically Adjusted Book per Share Related Terms


Full Wang International Development Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Full Wang International Development 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.

Full Wang International Development Co Cyclically Adjusted Book per Share Chart

Full Wang International Development 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 17.98 18.75 18.59 18.36 18.13

Full Wang International Development 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 18.36 18.41 18.40 18.34 18.13

Full Wang International Development Co Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Diversified subindustry, Full Wang International Development 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.


Full Wang International Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Full Wang International Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Full Wang International Development Co's Cyclically Adjusted PB Ratio falls into.


ROCO:6219
39GF Score
Full Wang International Development Co Ltd ROCO:6219
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Full Wang International Development 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, Full Wang International Development 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)
=15.918/324.0540*324.0540
=15.918

Current CPI (Dec. 2025) = 324.0540.

Full Wang International Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 16.096 238.132 21.904
201606 15.293 241.018 20.562
201609 15.865 241.428 21.295
201612 16.524 241.432 22.179
201703 16.164 243.801 21.485
201706 16.242 244.955 21.487
201709 16.171 246.819 21.231
201712 17.830 246.524 23.437
201803 17.037 249.554 22.123
201806 15.722 251.989 20.218
201809 16.193 252.439 20.787
201812 17.773 251.233 22.925
201903 18.186 254.202 23.183
201906 16.926 256.143 21.414
201909 17.683 256.759 22.318
201912 17.986 256.974 22.681
202003 14.268 258.115 17.913
202006 16.268 257.797 20.449
202009 17.316 260.280 21.559
202012 20.524 260.474 25.534
202103 17.295 264.877 21.159
202106 18.131 271.696 21.625
202109 15.622 274.310 18.455
202112 18.192 278.802 21.145
202203 15.003 287.504 16.910
202206 10.578 296.311 11.568
202209 9.488 296.808 10.359
202212 8.357 296.797 9.124
202303 8.396 301.836 9.014
202306 9.759 305.109 10.365
202309 10.166 307.789 10.703
202312 11.917 306.746 12.589
202403 12.105 312.332 12.559
202406 13.597 314.175 14.025
202409 13.463 315.301 13.837
202412 16.831 315.605 17.282
202503 15.382 319.799 15.587
202506 14.448 322.561 14.515
202509 13.771 324.800 13.739
202512 15.918 324.054 15.918

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$18.13 mean?
Full Wang International Development Co (ROCO:6219) has a Cyclically Adjusted Book per Share of NT$18.13 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 Full Wang International Development Co and its competitors.
Is Full Wang International Development Co's Cyclically Adjusted Book per Share too high?
Full Wang International Development Co's current Cyclically Adjusted Book per Share is NT$18.13. Overall, Full Wang International Development Co has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Full Wang International Development Co's Cyclically Adjusted Book per Share compare to competitors?
Full Wang International Development Co's Cyclically Adjusted Book per Share of NT$18.13 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 Full Wang International Development Co and its competitors. Full Wang International Development Co's current Cyclically Adjusted Book per Share is NT$18.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Wang International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Full Wang International Development Co (ROCO:6219) is currently considered Possible Value Trap. The stock's GF Value™ is NT$34.97, compared to a current price of NT$12.75 — trading 63.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$18.13. Full Wang International Development Co's overall GF Score™ is 39/100 with 9 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 Full Wang International Development Co (ROCO:6219), the current Cyclically Adjusted Book per Share is NT$18.13 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 Full Wang International Development Co (ROCO:6219) Overvalued in 2026?

Based on GuruFocus' analysis, Full Wang International Development Co stock appears to be undervalued. The current stock price of NT$12.75 is trading 63.5% below its estimated GF Value™ of NT$34.97. GuruFocus considers Full Wang International Development Co to be Possible Value Trap.

Key valuation signals for ROCO:6219:

  • Cyclically Adjusted Book per Share: NT$18.13
  • GF Value™: NT$34.97 vs. price of NT$12.75 (63.5% below fair value)
  • GF Score™: 39/100 with 9 warning signs

No single metric tells the full story. See the ROCO:6219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Full Wang International Development Co Business Description

Address Dalong Road, 403, 4th floor, building A, No: 20, West District, Taichung, TWN, 40310
Full Wang International Development Co Ltd is a real estate development company engaged in the construction, development, sales, lease, agency, and consignment of real estate.
39GF Score

Get the complete analysis for ROCO:6219

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

NT$12.75
Price
NT$34.97
GF Value