Green River Holding Co (ROCO:8444) Cyclically Adjusted Book per Share: NT$27.36 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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:8444 Green River Holding Co Ltd ROCO:8444
26 GF Score
Price NT$5.75
GF Value NT$18.69
Valuation Possible Value Trap
! 3 Warning Signs
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What is Green River Holding Co Cyclically Adjusted Book per Share?

Green River Holding Co ROCO:8444 26 Cyclically Adjusted Book per Share is NT$27.36 as of Dec. 2025. GuruFocus rates ROCO:8444 with a GF Score™ of 26/100 and a GF Value™ of NT$18.69 (Possible Value Trap). The stock has 3 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.

Green River Holding Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$3.493. 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$27.36 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Green River Holding Co's average Cyclically Adjusted Book Growth Rate was -5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.80% 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 Green River Holding Co was -2.80% per year. The lowest was -2.80% per year. And the median was -2.80% per year.

As of today (2026-07-18), Green River Holding Co's current stock price is NT$5.75. Green River Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$27.36. Green River Holding Co's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Green River Holding Co was 2.05. The lowest was 0.17. And the median was 1.09.


Green River Holding Co  (ROCO:8444) 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.

Green River Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.75/27.36
=0.21

* 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 Green River Holding Co was 2.05. The lowest was 0.17. And the median was 1.09.


Be Aware

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


Green River Holding Co Cyclically Adjusted Book per Share Related Terms


Green River Holding Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Green River Holding 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.

Green River Holding Co Cyclically Adjusted Book per Share Chart

Green River Holding 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 0.00 29.82 29.81 28.99 27.36

Green River Holding 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 28.99 28.84 28.58 28.18 27.36

ROCO:8444 vs SSD, UFPI, BCC: Cyclically Adjusted Book per Share Comparison

For the Lumber & Wood Production subindustry, Green River Holding 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.


Green River Holding Co Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Green River Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Green River Holding Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8444
26GF Score
Green River Holding Co Ltd ROCO:8444
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Green River Holding 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, Green River Holding 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)
=3.493/324.0540*324.0540
=3.493

Current CPI (Dec. 2025) = 324.0540.

Green River Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 25.909 238.132 35.257
201606 25.546 241.018 34.347
201609 27.047 241.428 36.304
201612 28.796 241.432 38.650
201703 30.087 243.801 39.991
201706 31.177 244.955 41.244
201709 34.307 246.819 45.042
201712 34.610 246.524 45.495
201803 34.535 249.554 44.845
201806 31.078 251.989 39.966
201809 32.247 252.439 41.395
201812 31.275 251.233 40.340
201903 31.945 254.202 40.723
201906 33.356 256.143 42.200
201909 32.899 256.759 41.522
201912 30.629 256.974 38.624
202003 23.079 258.115 28.975
202006 26.114 257.797 32.826
202009 23.622 260.280 29.410
202012 25.724 260.474 32.003
202103 21.773 264.877 26.637
202106 20.102 271.696 23.976
202109 17.678 274.310 20.884
202112 23.120 278.802 26.873
202203 25.180 287.504 28.381
202206 22.296 296.311 24.384
202209 15.933 296.808 17.396
202212 19.135 296.797 20.892
202303 17.694 301.836 18.996
202306 14.434 305.109 15.330
202309 10.633 307.789 11.195
202312 15.154 306.746 16.009
202403 10.992 312.332 11.405
202406 10.553 314.175 10.885
202409 15.605 315.301 16.038
202412 10.089 315.605 10.359
202503 9.326 319.799 9.450
202506 7.439 322.561 7.473
202509 5.082 324.800 5.070
202512 3.493 324.054 3.493

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$27.36 mean?
Green River Holding Co (ROCO:8444) has a Cyclically Adjusted Book per Share of NT$27.36 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 Green River Holding Co and its competitors.
Is Green River Holding Co's Cyclically Adjusted Book per Share too high?
Green River Holding Co's current Cyclically Adjusted Book per Share is NT$27.36. Overall, Green River Holding Co has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Green River Holding Co's Cyclically Adjusted Book per Share compare to SSD and UFPI?
Green River Holding Co's Cyclically Adjusted Book per Share of NT$27.36 can be compared against companies in the Forest Products 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 Forest Products company?
A good Cyclically Adjusted Book per Share depends on the Forest Products 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 Green River Holding Co and its competitors. Green River Holding Co's current Cyclically Adjusted Book per Share is NT$27.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green River Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Green River Holding Co (ROCO:8444) is currently considered Possible Value Trap. The stock's GF Value™ is NT$18.69, compared to a current price of NT$5.75 — trading 69.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$27.36. Green River Holding Co's overall GF Score™ is 26/100 with 3 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 Green River Holding Co (ROCO:8444), the current Cyclically Adjusted Book per Share is NT$27.36 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 Green River Holding Co (ROCO:8444) Overvalued in 2026?

Based on GuruFocus' analysis, Green River Holding Co stock appears to be undervalued. The current stock price of NT$5.75 is trading 69.2% below its estimated GF Value™ of NT$18.69. GuruFocus considers Green River Holding Co to be Possible Value Trap.

Key valuation signals for ROCO:8444:

  • Cyclically Adjusted Book per Share: NT$27.36
  • GF Value™: NT$18.69 vs. price of NT$5.75 (69.2% below fair value)
  • GF Score™: 26/100 with 3 warning signs

No single metric tells the full story. See the ROCO:8444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Green River Holding Co Business Description

Address 222 Moo 4, Thumbol Thachang, Amphur Bangklum, Songkhla, THA, 90110
Green River Holding Co Ltd is engaged in manufacturing, processing, and selling particle board, manufacturing and selling parawood; purchasing raw materials for the parawood business and rendering sawmill services; and manufacturing and selling resin. Its products include Solid Wood, Particle Board, and Melamine Faced Chipboard. The company operates through four segments: Particle Board, Solid Wood, Resin and Investment Company. The majority of its revenue is generated from particle boards. The company operates in Thailand, Malaysia, Korea, China, Vietnam, and Others, with maximum revenue from Malaysia.
26GF Score

Get the complete analysis for ROCO:8444

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

NT$5.75
Price
NT$18.69
GF Value