Eagle Cold Storage Enterprise Co (ROCO:8905) Cyclically Adjusted Book per Share: NT$26.71 (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:8905 Eagle Cold Storage Enterprise Co Ltd ROCO:8905
68 GF Score
Price NT$29.65
GF Value NT$28.56
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Eagle Cold Storage Enterprise Co Cyclically Adjusted Book per Share?

Eagle Cold Storage Enterprise Co ROCO:8905 -2.51% 68 Cyclically Adjusted Book per Share is NT$26.71 as of Dec. 2025. GuruFocus rates ROCO:8905 with a GF Score™ of 68/100 and a GF Value™ of NT$28.56 (Fairly Valued). The stock has 4 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.

Eagle Cold Storage Enterprise Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$23.731. 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$26.71 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Eagle Cold Storage Enterprise Co's average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Eagle Cold Storage Enterprise Co was 7.30% per year. The lowest was 2.70% per year. And the median was 5.90% per year.

As of today (2026-07-15), Eagle Cold Storage Enterprise Co's current stock price is NT$29.65. Eagle Cold Storage Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$26.71. Eagle Cold Storage Enterprise Co's Cyclically Adjusted PB Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eagle Cold Storage Enterprise Co was 1.56. The lowest was 0.64. And the median was 1.09.


Eagle Cold Storage Enterprise Co  (ROCO:8905) 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.

Eagle Cold Storage Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.65/26.71
=1.11

* 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 Eagle Cold Storage Enterprise Co was 1.56. The lowest was 0.64. 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.


Eagle Cold Storage Enterprise Co Cyclically Adjusted Book per Share Related Terms


Eagle Cold Storage Enterprise Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eagle Cold Storage 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.

Eagle Cold Storage Enterprise Co Cyclically Adjusted Book per Share Chart

Eagle Cold Storage 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 22.79 24.63 25.59 26.26 26.71

Eagle Cold Storage 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 26.26 26.51 26.67 26.81 26.71

ROCO:8905 vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Eagle Cold Storage 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.


Eagle Cold Storage Enterprise Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Eagle Cold Storage Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eagle Cold Storage Enterprise Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8905
68GF Score
Eagle Cold Storage Enterprise Co Ltd ROCO:8905
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eagle Cold Storage 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, Eagle Cold Storage 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)
=23.731/324.0540*324.0540
=23.731

Current CPI (Dec. 2025) = 324.0540.

Eagle Cold Storage Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 18.587 238.132 25.293
201606 17.986 241.018 24.183
201609 19.561 241.428 26.256
201612 20.947 241.432 28.115
201703 21.595 243.801 28.704
201706 21.000 244.955 27.781
201709 21.762 246.819 28.572
201712 22.270 246.524 29.274
201803 22.965 249.554 29.821
201806 22.445 251.989 28.864
201809 22.870 252.439 29.358
201812 23.337 251.233 30.101
201903 0.000 254.202 0.000
201906 22.865 256.143 28.927
201909 23.163 256.759 29.234
201912 23.432 256.974 29.549
202003 23.725 258.115 29.786
202006 23.673 257.797 29.757
202009 22.384 260.280 27.869
202012 21.150 260.474 26.313
202103 21.701 264.877 26.549
202106 22.317 271.696 26.618
202109 22.780 274.310 26.911
202112 23.384 278.802 27.179
202203 23.799 287.504 26.825
202206 22.052 296.311 24.117
202209 22.287 296.808 24.333
202212 22.659 296.797 24.740
202303 23.644 301.836 25.384
202306 23.713 305.109 25.185
202309 24.149 307.789 25.425
202312 24.564 306.746 25.950
202403 24.997 312.332 25.935
202406 23.509 314.175 24.248
202409 23.816 315.301 24.477
202412 24.031 315.605 24.674
202503 24.195 319.799 24.517
202506 23.383 322.561 23.491
202509 23.515 324.800 23.461
202512 23.731 324.054 23.731

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$26.71 mean?
Eagle Cold Storage Enterprise Co (ROCO:8905) has a Cyclically Adjusted Book per Share of NT$26.71 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 Eagle Cold Storage Enterprise Co and its competitors.
Is Eagle Cold Storage Enterprise Co's Cyclically Adjusted Book per Share too high?
Eagle Cold Storage Enterprise Co's current Cyclically Adjusted Book per Share is NT$26.71. Overall, Eagle Cold Storage Enterprise Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eagle Cold Storage Enterprise Co's Cyclically Adjusted Book per Share compare to KHC and GIS?
Eagle Cold Storage Enterprise Co's Cyclically Adjusted Book per Share of NT$26.71 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Eagle Cold Storage Enterprise Co and its competitors. Eagle Cold Storage Enterprise Co's current Cyclically Adjusted Book per Share is NT$26.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eagle Cold Storage Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Eagle Cold Storage Enterprise Co (ROCO:8905) is currently considered Fairly Valued. The stock's GF Value™ is NT$28.56, compared to a current price of NT$29.65 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$26.71. Eagle Cold Storage Enterprise Co's overall GF Score™ is 68/100 with 4 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 Eagle Cold Storage Enterprise Co (ROCO:8905), the current Cyclically Adjusted Book per Share is NT$26.71 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 Eagle Cold Storage Enterprise Co (ROCO:8905) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Cold Storage Enterprise Co stock appears to be overvalued. The current stock price of NT$29.65 is trading 3.8% above its estimated GF Value™ of NT$28.56. GuruFocus considers Eagle Cold Storage Enterprise Co to be Fairly Valued.

Key valuation signals for ROCO:8905:

  • Cyclically Adjusted Book per Share: NT$26.71
  • GF Value™: NT$28.56 vs. price of NT$29.65 (3.8% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the ROCO:8905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eagle Cold Storage Enterprise Co Business Description

Address No. 3, Gongyequ 2nd Road, Industrial Park, Xitun District, Tainchung City, TWN, 403
Eagle Cold Storage Enterprise Co Ltd is a Taiwan-based low-temperature storage company. The Company is predominantly involved in the trading of imported vegetables and frozen meat, leasing refrigerated warehouses for vegetables, fruit, fish, meat, and ice products, and the manufacturing and processing of agricultural goods and food. Its segments include the Warehousing Department, which leases refrigeration equipment and cold storage and provides logistics services; the Meats Segment, which processes and trades vegetables and meats and generates maximum revenue; and the Construction Segment, which is engaged in the development, leasing and sale of land and the construction of residential properties. The Company generates maximum revenue from Taiwan.
68GF Score

Get the complete analysis for ROCO:8905

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

NT$29.65
Price
NT$28.56
GF Value