Grand Ocean Retail Group (TPE:5907) Cyclically Adjusted Book per Share: NT$48.41 (As of Jun. 2026)

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TPE:5907 Grand Ocean Retail Group Ltd TPE:5907
57 GF Score
Price NT$4.84
GF Value NT$6.37
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Grand Ocean Retail Group Cyclically Adjusted Book per Share?

Grand Ocean Retail Group TPE:5907 -0.82% 57 Cyclically Adjusted Book per Share is NT$48.41 as of Jun. 2026. GuruFocus rates TPE:5907 with a GF Score™ of 57/100 and a GF Value™ of NT$6.37 (Modestly Undervalued). 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.

Grand Ocean Retail Group's adjusted book value per share for the three months ended in Jun. 2026 was NT$19.074. 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$48.41 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Grand Ocean Retail Group's average Cyclically Adjusted Book Growth Rate was -6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.30% 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 Ocean Retail Group was 2.00% per year. The lowest was -4.70% per year. And the median was -1.30% per year.

As of today (2026-09-12), Grand Ocean Retail Group's current stock price is NT$4.84. Grand Ocean Retail Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$48.41. Grand Ocean Retail Group's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grand Ocean Retail Group was 0.45. The lowest was 0.10. And the median was 0.23.


Grand Ocean Retail Group  (TPE:5907) 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 Ocean Retail Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.84/48.41
=0.10

* 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 Ocean Retail Group was 0.45. The lowest was 0.10. And the median was 0.23.


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 Ocean Retail Group Cyclically Adjusted Book per Share Related Terms


Grand Ocean Retail Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Grand Ocean Retail Group'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 Ocean Retail Group Cyclically Adjusted Book per Share Chart

Grand Ocean Retail Group 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 55.60 57.17 56.12 53.40 49.46

Grand Ocean Retail Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 51.88 50.91 49.46 49.10 48.41

TPE:5907 vs DDS, M: Cyclically Adjusted Book per Share Comparison

For the Department Stores subindustry, Grand Ocean Retail Group'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 Ocean Retail Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grand Ocean Retail Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand Ocean Retail Group's Cyclically Adjusted PB Ratio falls into.


TPE:5907
57GF Score
Grand Ocean Retail Group Ltd TPE:5907
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Ocean Retail Group 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 Ocean Retail Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=19.074/333.9520*333.9520
=19.074

Current CPI (Jun. 2026) = 333.9520.

Grand Ocean Retail Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 46.915 241.428 64.895
201612 51.984 241.432 71.905
201703 49.675 243.801 68.043
201706 49.899 244.955 68.028
201709 49.234 246.819 66.615
201712 51.518 246.524 69.788
201803 53.624 249.554 71.759
201806 52.691 251.989 69.829
201809 50.513 252.439 66.824
201812 51.940 251.233 69.041
201903 48.968 254.202 64.331
201906 46.338 256.143 60.414
201909 44.813 256.759 58.286
201912 45.535 256.974 59.175
202003 44.370 258.115 57.406
202006 40.873 257.797 52.947
202009 41.454 260.280 53.188
202012 43.453 260.474 55.711
202103 45.783 264.877 57.722
202106 44.267 271.696 54.410
202109 41.018 274.310 49.936
202112 41.113 278.802 49.246
202203 42.277 287.504 49.107
202206 42.411 296.311 47.799
202209 41.614 296.808 46.822
202212 38.628 296.797 43.464
202303 38.922 301.836 43.063
202306 35.381 305.109 38.726
202309 35.717 307.789 38.753
202312 27.009 306.746 29.404
202403 27.341 312.332 29.234
202406 27.373 314.175 29.096
202409 26.264 315.301 27.818
202412 24.946 315.605 26.396
202503 24.332 319.799 25.409
202506 20.512 322.561 21.236
202509 20.469 324.800 21.046
202512 19.905 324.054 20.513
202603 19.711 330.213 19.934
202606 19.074 333.952 19.074

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$48.41 mean?
Grand Ocean Retail Group (TPE:5907) has a Cyclically Adjusted Book per Share of NT$48.41 as of Jun. 2026. 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 Ocean Retail Group and its competitors.
Is Grand Ocean Retail Group's Cyclically Adjusted Book per Share too high?
Grand Ocean Retail Group's current Cyclically Adjusted Book per Share is NT$48.41. Overall, Grand Ocean Retail Group has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Ocean Retail Group's Cyclically Adjusted Book per Share compare to DDS and M?
Grand Ocean Retail Group's Cyclically Adjusted Book per Share of NT$48.41 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 Grand Ocean Retail Group and its competitors. Grand Ocean Retail Group's current Cyclically Adjusted Book per Share is NT$48.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Ocean Retail Group stock overvalued right now?
Based on GuruFocus' analysis, Grand Ocean Retail Group (TPE:5907) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$6.37, compared to a current price of NT$4.84 — trading 24% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$48.41. Grand Ocean Retail Group's overall GF Score™ is 57/100 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 Grand Ocean Retail Group (TPE:5907), the current Cyclically Adjusted Book per Share is NT$48.41 as of Jun. 2026. 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 Ocean Retail Group (TPE:5907) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Ocean Retail Group stock appears to be undervalued. The current stock price of NT$4.84 is trading 24% below its estimated GF Value™ of NT$6.37. GuruFocus considers Grand Ocean Retail Group to be Modestly Undervalued.

Key valuation signals for TPE:5907:

  • Cyclically Adjusted Book per Share: NT$48.41
  • GF Value™: NT$6.37 vs. price of NT$4.84 (24% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the TPE:5907 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Ocean Retail Group Business Description

Address No. 237, Foxing South Road, 14th Floor, Section 2, Daman District, Taipei, TWN, 106
Grand Ocean Retail Group Ltd operates in the department store retail business. The Group generates revenue from Commission and Commodity Sales. Its main business contents are business management consulting and retail sales. The Group is a large-scale and powerful department store retail group in mainland China. The segments of the Group include General Information, where the main revenue comes from department store retail; Information on Products and Services, where the Group belongs to department store retail business; Information of Regional Finance, where sales regions of the retail commodity are all in China; and customer information, where sales objects of the Group are all general consumers and there is no dependence upon the VIP. It generates revenue from China.
57GF Score

Get the complete analysis for TPE:5907

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

NT$4.84
Price
NT$6.37
GF Value