Bon Fame Co (ROCO:8433) Cyclically Adjusted Book per Share: NT$36.02 (As of Dec. 2025)

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ROCO:8433 Bon Fame Co Ltd ROCO:8433
83 GF Score
Price NT$54.50
GF Value NT$75.04
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Bon Fame Co Cyclically Adjusted Book per Share?

Bon Fame Co ROCO:8433 -2.33% 83 Cyclically Adjusted Book per Share is NT$36.02 as of Dec. 2025. GuruFocus rates ROCO:8433 with a GF Score™ of 83/100 and a GF Value™ of NT$75.04 (Modestly Undervalued). 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.

Bon Fame Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$43.920. 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$36.02 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Bon Fame Co's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Bon Fame Co was 9.80% per year. The lowest was 7.50% per year. And the median was 8.90% per year.

As of today (2026-07-14), Bon Fame Co's current stock price is NT$54.50. Bon Fame Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$36.02. Bon Fame Co's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bon Fame Co was 3.42. The lowest was 1.40. And the median was 1.99.


Bon Fame Co  (ROCO:8433) 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.

Bon Fame Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.50/36.02
=1.51

* 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 Bon Fame Co was 3.42. The lowest was 1.40. And the median was 1.99.


Be Aware

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


Bon Fame Co Cyclically Adjusted Book per Share Related Terms


Bon Fame Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bon Fame 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.

Bon Fame Co Cyclically Adjusted Book per Share Chart

Bon Fame 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 26.39 29.03 31.28 34.04 36.02

Bon Fame 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 34.04 34.82 35.36 35.84 36.02

ROCO:8433 vs CASY, WSM, DKS: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Bon Fame 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.


Bon Fame Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bon Fame Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:8433
83GF Score
Bon Fame Co Ltd ROCO:8433
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bon Fame 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, Bon Fame 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)
=43.92/324.0540*324.0540
=43.920

Current CPI (Dec. 2025) = 324.0540.

Bon Fame Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 26.149 238.132 35.584
201606 22.224 241.018 29.881
201609 23.434 241.428 31.454
201612 25.431 241.432 34.134
201703 25.039 243.801 33.281
201706 20.985 244.955 27.761
201709 23.196 246.819 30.455
201712 24.295 246.524 31.936
201803 25.242 249.554 32.778
201806 22.232 251.989 28.590
201809 23.583 252.439 30.273
201812 25.311 251.233 32.648
201903 26.595 254.202 33.903
201906 24.696 256.143 31.244
201909 25.525 256.759 32.215
201912 25.792 256.974 32.525
202003 26.448 258.115 33.205
202006 24.827 257.797 31.208
202009 25.931 260.280 32.285
202012 27.106 260.474 33.722
202103 27.798 264.877 34.008
202106 25.878 271.696 30.865
202109 27.213 274.310 32.148
202112 29.056 278.802 33.772
202203 31.352 287.504 35.338
202206 31.473 296.311 34.420
202209 35.935 296.808 39.234
202212 36.850 296.797 40.234
202303 38.539 301.836 41.376
202306 36.120 305.109 38.363
202309 41.232 307.789 43.411
202312 42.005 306.746 44.375
202403 45.876 312.332 47.598
202406 43.184 314.175 44.542
202409 44.753 315.301 45.995
202412 47.993 315.605 49.278
202503 43.773 319.799 44.355
202506 37.575 322.561 37.749
202509 40.658 324.800 40.565
202512 43.920 324.054 43.920

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$36.02 mean?
Bon Fame Co (ROCO:8433) has a Cyclically Adjusted Book per Share of NT$36.02 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 Bon Fame Co and its competitors.
Is Bon Fame Co's Cyclically Adjusted Book per Share too high?
Bon Fame Co's current Cyclically Adjusted Book per Share is NT$36.02. Overall, Bon Fame Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bon Fame Co's Cyclically Adjusted Book per Share compare to CASY and WSM?
Bon Fame Co's Cyclically Adjusted Book per Share of NT$36.02 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Bon Fame Co and its competitors. Bon Fame Co's current Cyclically Adjusted Book per Share is NT$36.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bon Fame Co stock overvalued right now?
Based on GuruFocus' analysis, Bon Fame Co (ROCO:8433) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$75.04, compared to a current price of NT$54.50 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$36.02. Bon Fame Co's overall GF Score™ is 83/100 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 Bon Fame Co (ROCO:8433), the current Cyclically Adjusted Book per Share is NT$36.02 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 Bon Fame Co (ROCO:8433) Overvalued in 2026?

Based on GuruFocus' analysis, Bon Fame Co stock appears to be undervalued. The current stock price of NT$54.50 is trading 27.4% below its estimated GF Value™ of NT$75.04. GuruFocus considers Bon Fame Co to be Modestly Undervalued.

Key valuation signals for ROCO:8433:

  • Cyclically Adjusted Book per Share: NT$36.02
  • GF Value™: NT$75.04 vs. price of NT$54.50 (27.4% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the ROCO:8433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bon Fame Co Business Description

Address 5th Floor, No.17, Lane 360, Section 1, Neihu Road, Neihu District, Taipei, TWN, 114
Bon Fame Co Ltd is a Taiwan-based company engaged in the business of fashion hair accessories, hair brushes and combs, fashion costume jewellery, fashion cosmetic bags, and fashion handbags.
83GF Score

Get the complete analysis for ROCO:8433

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

NT$54.50
Price
NT$75.04
GF Value