Gish International Co (ROCO:8067) Cyclically Adjusted Book per Share: NT$15.45 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:8067 Gish International Co Ltd ROCO:8067
47 GF Score
Price NT$13.35
GF Value NT$12.64
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Gish International Co Cyclically Adjusted Book per Share?

Gish International Co ROCO:8067 +1.91% 47 Cyclically Adjusted Book per Share is NT$15.45 as of Dec. 2025. GuruFocus rates ROCO:8067 with a GF Score™ of 47/100 and a GF Value™ of NT$12.64 (Fairly Valued). 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.

Gish International Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$6.849. 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$15.45 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Gish International Co's average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.60% 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 Gish International Co was -1.50% per year. The lowest was -5.70% per year. And the median was -2.60% per year.

As of today (2026-07-16), Gish International Co's current stock price is NT$13.35. Gish International Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$15.45. Gish International Co's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gish International Co was 1.18. The lowest was 0.57. And the median was 0.86.


Gish International Co  (ROCO:8067) 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.

Gish International Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.35/15.45
=0.86

* 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 Gish International Co was 1.18. The lowest was 0.57. And the median was 0.86.


Be Aware

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


Gish International Co Cyclically Adjusted Book per Share Related Terms


Gish International Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Gish International 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.

Gish International Co Cyclically Adjusted Book per Share Chart

Gish International 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 18.56 18.42 17.61 16.74 15.45

Gish International 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 16.74 16.51 16.20 15.90 15.45

ROCO:8067 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Gish International 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.


Gish International Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Gish International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:8067
47GF Score
Gish International Co Ltd ROCO:8067
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gish International 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, Gish International 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)
=6.849/324.0540*324.0540
=6.849

Current CPI (Dec. 2025) = 324.0540.

Gish International Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 16.673 238.132 22.689
201606 16.267 241.018 21.871
201609 16.126 241.428 21.645
201612 16.210 241.432 21.757
201703 16.490 243.801 21.918
201706 16.210 244.955 21.444
201709 24.275 246.819 31.871
201712 23.134 246.524 30.409
201803 21.940 249.554 28.490
201806 20.208 251.989 25.987
201809 19.159 252.439 24.594
201812 17.238 251.233 22.235
201903 16.033 254.202 20.439
201906 14.808 256.143 18.734
201909 14.589 256.759 18.413
201912 13.300 256.974 16.772
202003 12.151 258.115 15.255
202006 12.001 257.797 15.085
202009 11.944 260.280 14.871
202012 11.728 260.474 14.591
202103 11.299 264.877 13.823
202106 10.852 271.696 12.943
202109 10.306 274.310 12.175
202112 10.058 278.802 11.691
202203 9.931 287.504 11.194
202206 9.217 296.311 10.080
202209 8.824 296.808 9.634
202212 8.613 296.797 9.404
202303 8.386 301.836 9.003
202306 8.896 305.109 9.448
202309 8.432 307.789 8.878
202312 8.212 306.746 8.675
202403 8.252 312.332 8.562
202406 8.630 314.175 8.901
202409 8.218 315.301 8.446
202412 7.694 315.605 7.900
202503 7.263 319.799 7.360
202506 6.571 322.561 6.601
202509 7.288 324.800 7.271
202512 6.849 324.054 6.849

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$15.45 mean?
Gish International Co (ROCO:8067) has a Cyclically Adjusted Book per Share of NT$15.45 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 Gish International Co and its competitors.
Is Gish International Co's Cyclically Adjusted Book per Share too high?
Gish International Co's current Cyclically Adjusted Book per Share is NT$15.45. Overall, Gish International Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gish International Co's Cyclically Adjusted Book per Share compare to SNX and ARW?
Gish International Co's Cyclically Adjusted Book per Share of NT$15.45 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 Gish International Co and its competitors. Gish International Co's current Cyclically Adjusted Book per Share is NT$15.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gish International Co stock overvalued right now?
Based on GuruFocus' analysis, Gish International Co (ROCO:8067) is currently considered Fairly Valued. The stock's GF Value™ is NT$12.64, compared to a current price of NT$13.35 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$15.45. Gish International Co's overall GF Score™ is 47/100 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 Gish International Co (ROCO:8067), the current Cyclically Adjusted Book per Share is NT$15.45 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 Gish International Co (ROCO:8067) Overvalued in 2026?

Based on GuruFocus' analysis, Gish International Co stock appears to be overvalued. The current stock price of NT$13.35 is trading 5.6% above its estimated GF Value™ of NT$12.64. GuruFocus considers Gish International Co to be Fairly Valued.

Key valuation signals for ROCO:8067:

  • Cyclically Adjusted Book per Share: NT$15.45
  • GF Value™: NT$12.64 vs. price of NT$13.35 (5.6% above fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the ROCO:8067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gish International Co Business Description

Address Xinbei Boulevard, Sanchong District, 14th Floor. No. 260, Section 2, New Taipei, TWN
Gish International Co Ltd distributes optical storage and multi-media products. The Company's products include CD-RW (Compact Disc Rewritable), DVD-RW (Digital Video Disc Rewritable) and disks, as well as MP3 players. It has distribution network throughout Southeast Asia, concentrated in Taiwan and Japan.
47GF Score

Get the complete analysis for ROCO:8067

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

NT$13.35
Price
NT$12.64
GF Value