Ever-Clear Environmental Eng (ROCO:6624) Cyclically Adjusted Book per Share: NT$18.87 (As of Dec. 2025)

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ROCO:6624 Ever-Clear Environmental Eng Corp ROCO:6624
85 GF Score
Price NT$42.35
GF Value NT$38.44
Valuation Fairly Valued
! 5 Warning Signs
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What is Ever-Clear Environmental Eng Cyclically Adjusted Book per Share?

Ever-Clear Environmental Eng ROCO:6624 +6.41% 85 Cyclically Adjusted Book per Share is NT$18.87 as of Dec. 2025. GuruFocus rates ROCO:6624 with a GF Score™ of 85/100 and a GF Value™ of NT$38.44 (Fairly Valued). The stock has 5 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.

Ever-Clear Environmental Eng's adjusted book value per share for the three months ended in Dec. 2025 was NT$23.827. 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$18.87 for the trailing ten years ended in Dec. 2025.

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.

As of today (2026-07-16), Ever-Clear Environmental Eng's current stock price is NT$42.35. Ever-Clear Environmental Eng's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$18.87. Ever-Clear Environmental Eng's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ever-Clear Environmental Eng was 3.59. The lowest was 2.09. And the median was 3.06.


Ever-Clear Environmental Eng  (ROCO:6624) 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.

Ever-Clear Environmental Eng's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.35/18.87
=2.24

* 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 Ever-Clear Environmental Eng was 3.59. The lowest was 2.09. And the median was 3.06.


Be Aware

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


Ever-Clear Environmental Eng Cyclically Adjusted Book per Share Related Terms


Ever-Clear Environmental Eng Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ever-Clear Environmental Eng'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.

Ever-Clear Environmental Eng Cyclically Adjusted Book per Share Chart

Ever-Clear Environmental Eng 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 0.00 0.00 0.00 0.00 18.87

Ever-Clear Environmental Eng 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 0.00 0.00 0.00 0.00 18.87

ROCO:6624 vs WM, RSG, WCN: Cyclically Adjusted Book per Share Comparison

For the Waste Management subindustry, Ever-Clear Environmental Eng'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.


Ever-Clear Environmental Eng Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ever-Clear Environmental Eng's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ever-Clear Environmental Eng's Cyclically Adjusted PB Ratio falls into.


ROCO:6624
85GF Score
Ever-Clear Environmental Eng Corp ROCO:6624
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ever-Clear Environmental Eng 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, Ever-Clear Environmental Eng'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)
=23.827/324.0540*324.0540
=23.827

Current CPI (Dec. 2025) = 324.0540.

Ever-Clear Environmental Eng Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 233.049 0.000
201412 9.566 234.812 13.202
201512 9.878 236.525 13.533
201606 10.135 241.018 13.627
201612 11.136 241.432 14.947
201706 11.606 244.955 15.354
201709 0.000 246.819 0.000
201712 12.998 246.524 17.086
201803 0.000 249.554 0.000
201806 10.632 251.989 13.673
201809 11.892 252.439 15.266
201812 13.474 251.233 17.379
201903 13.720 254.202 17.490
201906 17.759 256.143 22.467
201909 18.404 256.759 23.228
201912 19.052 256.974 24.025
202003 19.045 258.115 23.910
202006 16.493 257.797 20.732
202009 16.309 260.280 20.305
202012 16.286 260.474 20.261
202103 16.090 264.877 19.685
202106 15.355 271.696 18.314
202109 15.006 274.310 17.727
202112 16.172 278.802 18.797
202203 15.835 287.504 17.848
202206 16.547 296.311 18.096
202209 16.832 296.808 18.377
202212 18.394 296.797 20.083
202303 17.814 301.836 19.125
202306 16.234 305.109 17.242
202309 16.922 307.789 17.816
202312 17.809 306.746 18.814
202403 20.252 312.332 21.012
202406 19.074 314.175 19.674
202409 20.121 315.301 20.680
202412 21.310 315.605 21.880
202503 21.241 319.799 21.524
202506 20.420 322.561 20.515
202509 20.601 324.800 20.554
202512 23.827 324.054 23.827

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$18.87 mean?
Ever-Clear Environmental Eng (ROCO:6624) has a Cyclically Adjusted Book per Share of NT$18.87 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 Ever-Clear Environmental Eng and its competitors.
Is Ever-Clear Environmental Eng's Cyclically Adjusted Book per Share too high?
Ever-Clear Environmental Eng's current Cyclically Adjusted Book per Share is NT$18.87. Overall, Ever-Clear Environmental Eng has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ever-Clear Environmental Eng's Cyclically Adjusted Book per Share compare to WM and RSG?
Ever-Clear Environmental Eng's Cyclically Adjusted Book per Share of NT$18.87 can be compared against companies in the Waste Management 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 Waste Management company?
A good Cyclically Adjusted Book per Share depends on the Waste Management 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 Ever-Clear Environmental Eng and its competitors. Ever-Clear Environmental Eng's current Cyclically Adjusted Book per Share is NT$18.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever-Clear Environmental Eng stock overvalued right now?
Based on GuruFocus' analysis, Ever-Clear Environmental Eng (ROCO:6624) is currently considered Fairly Valued. The stock's GF Value™ is NT$38.44, compared to a current price of NT$42.35 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$18.87. Ever-Clear Environmental Eng's overall GF Score™ is 85/100 with 5 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 Ever-Clear Environmental Eng (ROCO:6624), the current Cyclically Adjusted Book per Share is NT$18.87 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 Ever-Clear Environmental Eng (ROCO:6624) Overvalued in 2026?

Based on GuruFocus' analysis, Ever-Clear Environmental Eng stock appears to be overvalued. The current stock price of NT$42.35 is trading 10.2% above its estimated GF Value™ of NT$38.44. GuruFocus considers Ever-Clear Environmental Eng to be Fairly Valued.

Key valuation signals for ROCO:6624:

  • Cyclically Adjusted Book per Share: NT$18.87
  • GF Value™: NT$38.44 vs. price of NT$42.35 (10.2% above fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ever-Clear Environmental Eng Business Description

Address No. 261, Section 5, Longfu Road, Xitun District, Taichung, TWN, 407
Ever-Clear Environmental Eng Corp is a Taiwan-based wastewater management company. It engages in the evaluation, planning, and design of industrial wastewater, sewage, sludge, supply water, underground water, and organic gas emission treatment processes.
85GF Score

Get the complete analysis for ROCO:6624

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

NT$42.35
Price
NT$38.44
GF Value