Grand Hall Enterprise Co (ROCO:8941) Cyclically Adjusted Book per Share: NT$26.09 (As of Dec. 2025)


ROCO:8941 Grand Hall Enterprise Co Ltd ROCO:8941
76 GF Score
Price NT$43.00
GF Value NT$53.49
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Grand Hall Enterprise Co Cyclically Adjusted Book per Share?

Grand Hall Enterprise Co ROCO:8941 76 Cyclically Adjusted Book per Share is NT$26.09 as of Dec. 2025. GuruFocus rates ROCO:8941 with a GF Score™ of 76/100 and a GF Value™ of NT$53.49 (Modestly Undervalued). The stock has 6 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.

Grand Hall Enterprise Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$23.435. 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$26.09 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Grand Hall Enterprise Co's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Grand Hall Enterprise Co was 12.20% per year. The lowest was 6.40% per year. And the median was 9.80% per year.

As of today (2026-07-11), Grand Hall Enterprise Co's current stock price is NT$43.00. Grand Hall Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$26.09. Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grand Hall Enterprise Co was 3.06. The lowest was 1.57. And the median was 2.02.


Grand Hall Enterprise Co  (ROCO:8941) 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.

Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.00/26.09
=1.65

* 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 Grand Hall Enterprise Co was 3.06. The lowest was 1.57. And the median was 2.02.


Be Aware

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


Grand Hall Enterprise Co Cyclically Adjusted Book per Share Related Terms


Grand Hall Enterprise Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Grand Hall 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.

Grand Hall Enterprise Co Cyclically Adjusted Book per Share Chart

Grand Hall 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 17.65 19.96 22.63 24.94 26.09

Grand Hall 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 24.94 25.57 25.94 26.22 26.09

ROCO:8941 vs PG, CL, KVUE: Cyclically Adjusted Book per Share Comparison

For the Household & Personal Products subindustry, Grand Hall 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.


Grand Hall Enterprise Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8941
76GF Score
Grand Hall Enterprise Co Ltd ROCO:8941
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Hall 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, Grand Hall 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)
=23.435/324.0540*324.0540
=23.435

Current CPI (Dec. 2025) = 324.0540.

Grand Hall Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 19.320 238.132 26.291
201606 20.589 241.018 27.682
201609 21.153 241.428 28.392
201612 18.804 241.432 25.239
201703 19.020 243.801 25.281
201706 18.965 244.955 25.089
201709 23.590 246.819 30.972
201712 20.600 246.524 27.079
201803 20.802 249.554 27.012
201806 18.221 251.989 23.432
201809 18.578 252.439 23.848
201812 17.482 251.233 22.549
201903 16.214 254.202 20.669
201906 17.807 256.143 22.528
201909 17.985 256.759 22.699
201912 18.764 256.974 23.662
202003 17.131 258.115 21.507
202006 20.614 257.797 25.912
202009 21.759 260.280 27.090
202012 23.705 260.474 29.491
202103 23.616 264.877 28.892
202106 25.424 271.696 30.323
202109 22.312 274.310 26.358
202112 23.096 278.802 26.845
202203 24.277 287.504 27.363
202206 23.156 296.311 25.324
202209 25.611 296.808 27.962
202212 24.151 296.797 26.369
202303 24.093 301.836 25.866
202306 26.883 305.109 28.552
202309 25.425 307.789 26.769
202312 25.650 306.746 27.097
202403 26.413 312.332 27.404
202406 27.928 314.175 28.806
202409 26.359 315.301 27.091
202412 27.498 315.605 28.234
202503 27.449 319.799 27.814
202506 23.244 322.561 23.352
202509 23.333 324.800 23.279
202512 23.435 324.054 23.435

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$26.09 mean?
Grand Hall Enterprise Co (ROCO:8941) has a Cyclically Adjusted Book per Share of NT$26.09 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 Grand Hall Enterprise Co and its competitors.
Is Grand Hall Enterprise Co's Cyclically Adjusted Book per Share too high?
Grand Hall Enterprise Co's current Cyclically Adjusted Book per Share is NT$26.09. Overall, Grand Hall Enterprise Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Hall Enterprise Co's Cyclically Adjusted Book per Share compare to PG and CL?
Grand Hall Enterprise Co's Cyclically Adjusted Book per Share of NT$26.09 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 Grand Hall Enterprise Co and its competitors. Grand Hall Enterprise Co's current Cyclically Adjusted Book per Share is NT$26.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Hall Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Grand Hall Enterprise Co (ROCO:8941) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$53.49, compared to a current price of NT$43.00 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$26.09. Grand Hall Enterprise Co's overall GF Score™ is 76/100 with 6 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 Grand Hall Enterprise Co (ROCO:8941), the current Cyclically Adjusted Book per Share is NT$26.09 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 Grand Hall Enterprise Co (ROCO:8941) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Hall Enterprise Co stock appears to be undervalued. The current stock price of NT$43.00 is trading 19.6% below its estimated GF Value™ of NT$53.49. GuruFocus considers Grand Hall Enterprise Co to be Modestly Undervalued.

Key valuation signals for ROCO:8941:

  • Cyclically Adjusted Book per Share: NT$26.09
  • GF Value™: NT$53.49 vs. price of NT$43.00 (19.6% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the ROCO:8941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Hall Enterprise Co Business Description

Address Ruiguang Road, 9th Floor, No. 298, Neihu District, Taipei, TWN, 114
Grand Hall Enterprise Co Ltd is engaged in the manufacturing, processing, and trading of various gas stoves, water heaters, and related accessories. The Group has only a single operating segment, which is mainly engaged in the manufacturing, processing, and trading of various gas stoves, water heaters, and related accessories. Geographically, the company's key revenue is derived from the sale of its products in the United States and the rest from other regions.
76GF Score

Get the complete analysis for ROCO:8941

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

NT$43.00
Price
NT$53.49
GF Value