Taihan Precision Technology Co (ROCO:1336) Cyclically Adjusted PB Ratio: 0.69 (As of Aug. 20, 2026) — 18% Below Median

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:1336 Taihan Precision Technology Co Ltd ROCO:1336
73 GF Score
Price NT$17.25
GF Value NT$20.12
Valuation Modestly Undervalued
! 11 Warning Signs
View Full Analysis

What is Taihan Precision Technology Co Cyclically Adjusted PB Ratio?

Taihan Precision Technology Co ROCO:1336 -0.58% 73 Cyclically Adjusted PB Ratio is 0.69 as of Aug. 20, 2026, which is 18% below its 10-year median of 0.84. GuruFocus rates ROCO:1336 with a GF Score™ of 73/100 and a GF Value™ of NT$20.12 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 963 Vehicles & Parts companies, Taihan Precision Technology Co ranks better than 70.51% on this metric.

As of today (2026-08-20), Taihan Precision Technology Co's current share price is NT$17.25. Taihan Precision Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$25.13. Taihan Precision Technology Co's Cyclically Adjusted PB Ratio for today is 0.69.

The historical rank and industry rank for Taihan Precision Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:1336' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.84   Max: 1.24
Current: 0.7

During the past years, Taihan Precision Technology Co's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.52. And the median was 0.84.

ROCO:1336's Cyclically Adjusted PB Ratio is ranked better than
70.51% of 963 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs ROCO:1336: 0.70

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.

Taihan Precision Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$24.211. 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$25.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taihan Precision Technology Co  (ROCO:1336) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Taihan Precision Technology Co Cyclically Adjusted PB Ratio Related Terms


Taihan Precision Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taihan Precision Technology Co's Cyclically Adjusted PB Ratio 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.

Taihan Precision Technology Co Cyclically Adjusted PB Ratio Chart

Taihan Precision Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.98 0.85 0.99 0.65

Taihan Precision Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.97 0.77 0.70 0.65 0.56

ROCO:1336 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Taihan Precision Technology 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.


Taihan Precision Technology Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Taihan Precision Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taihan Precision Technology Co's Cyclically Adjusted PB Ratio falls into.


ROCO:1336
73GF Score
Taihan Precision Technology Co Ltd ROCO:1336
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taihan Precision Technology Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Taihan Precision Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.25/25.13
=0.69

* 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.

Taihan Precision Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Taihan Precision Technology Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=24.211/330.2130*330.2130
=24.211

Current CPI (Mar. 2026) = 330.2130.

Taihan Precision Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.222 241.018 27.706
201609 18.959 241.428 25.931
201612 18.807 241.432 25.723
201703 18.209 243.801 24.663
201706 18.815 244.955 25.364
201709 18.846 246.819 25.214
201712 19.229 246.524 25.757
201803 19.074 249.554 25.239
201806 19.164 251.989 25.113
201809 19.356 252.439 25.319
201812 19.761 251.233 25.973
201903 19.883 254.202 25.828
201906 19.386 256.143 24.992
201909 19.588 256.759 25.192
201912 19.665 256.974 25.270
202003 20.107 258.115 25.723
202006 21.330 257.797 27.322
202009 21.667 260.280 27.489
202012 21.154 260.474 26.818
202103 21.140 264.877 26.355
202106 21.031 271.696 25.561
202109 19.637 274.310 23.639
202112 20.092 278.802 23.797
202203 20.712 287.504 23.789
202206 20.903 296.311 23.295
202209 22.245 296.808 24.749
202212 21.867 296.797 24.329
202303 21.676 301.836 23.714
202306 22.333 305.109 24.171
202309 23.158 307.789 24.845
202312 22.450 306.746 24.167
202403 23.493 312.332 24.838
202406 24.064 314.175 25.292
202409 24.427 315.301 25.582
202412 24.901 315.605 26.054
202503 24.813 319.799 25.621
202506 22.386 322.561 22.917
202509 22.897 324.800 23.279
202512 23.957 324.054 24.412
202603 24.211 330.213 24.211

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 0.69 mean?
Taihan Precision Technology Co (ROCO:1336) has a Cyclically Adjusted PB Ratio of 0.69 as of Aug. 20, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Taihan Precision Technology Co and its competitors. This is 18% below median its historical median of 0.84. Over the past decade, Taihan Precision Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.24. According to the industry distribution chart, Taihan Precision Technology Co ranks #284 out of 963 companies in the Vehicles & Parts industry, placing it in the top 29.5%.
Is Taihan Precision Technology Co's Cyclically Adjusted PB Ratio too high?
Taihan Precision Technology Co's current Cyclically Adjusted PB Ratio of 0.69 is 18% below median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.24. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Taihan Precision Technology Co's value of 0.69 is 45.2% below this industry median. Based on the distribution chart, Taihan Precision Technology Co ranks #284 out of 963 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Taihan Precision Technology Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taihan Precision Technology Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Taihan Precision Technology Co ranks #284 out of 963 companies for Cyclically Adjusted PB Ratio. This puts Taihan Precision Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Taihan Precision Technology Co's value of 0.69 is 45.2% below this benchmark. Historically, Taihan Precision Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.24 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.26, Taihan Precision Technology Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taihan Precision Technology Co's current Cyclically Adjusted PB Ratio of 0.69 is 45.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Taihan Precision Technology Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taihan Precision Technology Co's current Cyclically Adjusted PB Ratio is 0.69, which is 18% below median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihan Precision Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Taihan Precision Technology Co (ROCO:1336) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.12, compared to a current price of NT$17.25 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 18% below median its 10-year median of 0.84 and 45.2% below the Vehicles & Parts industry median of 1.26. Taihan Precision Technology Co's overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Taihan Precision Technology Co (ROCO:1336), the current Cyclically Adjusted PB Ratio is 0.69 as of Aug. 20, 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 Taihan Precision Technology Co (ROCO:1336) Overvalued in 2026?

Based on GuruFocus' analysis, Taihan Precision Technology Co stock appears to be undervalued. The current stock price of NT$17.25 is trading 14.3% below its estimated GF Value™ of NT$20.12. GuruFocus considers Taihan Precision Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:1336:

  • Cyclically Adjusted PB Ratio: 0.69 (18% below median its 10-year median of 0.84)
  • GF Value™: NT$20.12 vs. price of NT$17.25 (14.3% below fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 45.2% below the Vehicles & Parts median (#284 of 963)

No single metric tells the full story. See the ROCO:1336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihan Precision Technology Co Business Description

Address Section 1, Minsheng North Road, 1st Floor, No. 568, Guishan District, Taoyuan, TWN, 33393
Taihan Precision Technology Co Ltd is a Taiwan-based company engaged in manufacturing and selling precision molds, tooling, and plastic molding products. Its reportable segments are as follows: Plastic molding, which generates maximum revenue, and Molds. Geographically, the group generates maximum revenue from Southeast Asia, and the rest from China, Taiwan, and Hong Kong.
73GF Score

Get the complete analysis for ROCO:1336

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

NT$17.25
Price
NT$20.12
GF Value