Honey Hope Honesty Enterprise Co (ROCO:8043) Cyclically Adjusted Book per Share: NT$36.76 (As of Dec. 2025)


ROCO:8043 Honey Hope Honesty Enterprise Co Ltd ROCO:8043
50 GF Score
Price NT$202.50
GF Value NT$29.01
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Honey Hope Honesty Enterprise Co Cyclically Adjusted Book per Share?

Honey Hope Honesty Enterprise Co ROCO:8043 +2.79% 50 Cyclically Adjusted Book per Share is NT$36.76 as of Dec. 2025. GuruFocus rates ROCO:8043 with a GF Score™ of 50/100 and a GF Value™ of NT$29.01 (Significantly Overvalued). 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.

Honey Hope Honesty Enterprise Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$34.509. 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$36.76 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Honey Hope Honesty Enterprise 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 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Honey Hope Honesty Enterprise Co was 6.90% per year. The lowest was 2.60% per year. And the median was 5.65% per year.

As of today (2026-07-06), Honey Hope Honesty Enterprise Co's current stock price is NT$202.50. Honey Hope Honesty Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$36.76. Honey Hope Honesty Enterprise Co's Cyclically Adjusted PB Ratio of today is 5.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Honey Hope Honesty Enterprise Co was 6.16. The lowest was 0.60. And the median was 0.85.


Honey Hope Honesty Enterprise Co  (ROCO:8043) 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.

Honey Hope Honesty Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=202.50/36.76
=5.51

* 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 Honey Hope Honesty Enterprise Co was 6.16. The lowest was 0.60. And the median was 0.85.


Be Aware

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


Honey Hope Honesty Enterprise Co Cyclically Adjusted Book per Share Related Terms


Honey Hope Honesty Enterprise Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Honey Hope Honesty Enterprise 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.

Honey Hope Honesty Enterprise Co Cyclically Adjusted Book per Share Chart

Honey Hope Honesty Enterprise 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 31.50 34.05 35.31 36.29 36.76

Honey Hope Honesty Enterprise 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 36.29 36.65 36.84 36.95 36.76

ROCO:8043 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Honey Hope Honesty Enterprise 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.


Honey Hope Honesty Enterprise Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Honey Hope Honesty Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Honey Hope Honesty Enterprise Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8043
50GF Score
Honey Hope Honesty Enterprise Co Ltd ROCO:8043
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honey Hope Honesty Enterprise 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, Honey Hope Honesty Enterprise 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)
=34.509/324.0540*324.0540
=34.509

Current CPI (Dec. 2025) = 324.0540.

Honey Hope Honesty Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 28.122 238.132 38.269
201606 27.462 241.018 36.923
201609 27.585 241.428 37.026
201612 28.746 241.432 38.583
201703 27.877 243.801 37.053
201706 27.763 244.955 36.728
201709 27.940 246.819 36.683
201712 28.514 246.524 37.481
201803 28.900 249.554 37.528
201806 30.422 251.989 39.122
201809 32.054 252.439 41.147
201812 32.661 251.233 42.128
201903 33.435 254.202 42.623
201906 31.098 256.143 39.343
201909 31.072 256.759 39.216
201912 30.703 256.974 38.718
202003 30.749 258.115 38.604
202006 30.077 257.797 37.807
202009 30.310 260.280 37.737
202012 30.601 260.474 38.071
202103 31.136 264.877 38.092
202106 31.129 271.696 37.128
202109 31.842 274.310 37.616
202112 32.064 278.802 37.268
202203 32.142 287.504 36.228
202206 32.623 296.311 35.677
202209 33.579 296.808 36.661
202212 33.330 296.797 36.391
202303 31.765 301.836 34.103
202306 31.554 305.109 33.513
202309 32.563 307.789 34.284
202312 31.846 306.746 33.643
202403 32.254 312.332 33.465
202406 33.312 314.175 34.359
202409 33.771 315.301 34.709
202412 33.774 315.605 34.678
202503 32.878 319.799 33.315
202506 31.425 322.561 31.570
202509 32.598 324.800 32.523
202512 34.509 324.054 34.509

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$36.76 mean?
Honey Hope Honesty Enterprise Co (ROCO:8043) has a Cyclically Adjusted Book per Share of NT$36.76 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 Honey Hope Honesty Enterprise Co and its competitors.
Is Honey Hope Honesty Enterprise Co's Cyclically Adjusted Book per Share too high?
Honey Hope Honesty Enterprise Co's current Cyclically Adjusted Book per Share is NT$36.76. Overall, Honey Hope Honesty Enterprise Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honey Hope Honesty Enterprise Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Honey Hope Honesty Enterprise Co's Cyclically Adjusted Book per Share of NT$36.76 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 Honey Hope Honesty Enterprise Co and its competitors. Honey Hope Honesty Enterprise Co's current Cyclically Adjusted Book per Share is NT$36.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honey Hope Honesty Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Honey Hope Honesty Enterprise Co (ROCO:8043) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.01, compared to a current price of NT$202.50 — trading 598% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$36.76. Honey Hope Honesty Enterprise Co's overall GF Score™ is 50/100 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 Honey Hope Honesty Enterprise Co (ROCO:8043), the current Cyclically Adjusted Book per Share is NT$36.76 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 Honey Hope Honesty Enterprise Co (ROCO:8043) Overvalued in 2026?

Based on GuruFocus' analysis, Honey Hope Honesty Enterprise Co stock appears to be overvalued. The current stock price of NT$202.50 is trading 598% above its estimated GF Value™ of NT$29.01. GuruFocus considers Honey Hope Honesty Enterprise Co to be Significantly Overvalued.

Key valuation signals for ROCO:8043:

  • Cyclically Adjusted Book per Share: NT$36.76
  • GF Value™: NT$29.01 vs. price of NT$202.50 (598% above fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the ROCO:8043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honey Hope Honesty Enterprise Co Business Description

Address 8th floor, Number 316, Section 1, Neihu Road, Neihu District, Taipei, TWN, 114
Honey Hope Honesty Enterprise Co Ltd is engaged in the distribution of professional electronic components. The company focuses in general import and export (excluding futures), trading of electronic parts, agency for the distribution, quotation and bidding of domestic and foreign manufacturers' products in Taiwan and Asia. It distributes multilayer capacitors, chip inductors, chip Pai Yung, High-Frequency Chip Inductors, and others. The company's segments include: Taiwan; and Asia; and Others, of which it derives maximum revenue from Asia and Others.
50GF Score

Get the complete analysis for ROCO:8043

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

NT$202.50
Price
NT$29.01
GF Value