Sinmag Equipment (ROCO:1580) Cyclically Adjusted PB Ratio: 1.96 (As of Aug. 19, 2026) — 28% Below Median

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ROCO:1580 Sinmag Equipment Corp ROCO:1580
68 GF Score
Price NT$107.50
GF Value NT$161.45
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Sinmag Equipment Cyclically Adjusted PB Ratio?

Sinmag Equipment ROCO:1580 68 Cyclically Adjusted PB Ratio is 1.96 as of Aug. 19, 2026, which is 28% below its 10-year median of 2.72. GuruFocus rates ROCO:1580 with a GF Score™ of 68/100 and a GF Value™ of NT$161.45 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,176 Industrial Products companies, Sinmag Equipment ranks better than 54.23% on this metric.

As of today (2026-08-19), Sinmag Equipment's current share price is NT$107.50. Sinmag Equipment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$54.89. Sinmag Equipment's Cyclically Adjusted PB Ratio for today is 1.96.

The historical rank and industry rank for Sinmag Equipment's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:1580' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.87   Med: 2.72   Max: 4.05
Current: 1.96

During the past years, Sinmag Equipment's highest Cyclically Adjusted PB Ratio was 4.05. The lowest was 1.87. And the median was 2.72.

ROCO:1580's Cyclically Adjusted PB Ratio is ranked better than
54.23% of 2176 companies
in the Industrial Products industry
Industry Median: 2.16 vs ROCO:1580: 1.96

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.

Sinmag Equipment's adjusted book value per share data for the three months ended in Mar. 2026 was NT$60.769. 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$54.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinmag Equipment  (ROCO:1580) 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.


Sinmag Equipment Cyclically Adjusted PB Ratio Related Terms


Sinmag Equipment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sinmag Equipment'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.

Sinmag Equipment Cyclically Adjusted PB Ratio Chart

Sinmag Equipment 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 2.65 2.03 3.19 2.90 2.51

Sinmag Equipment 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 2.83 2.68 2.58 2.51 2.35

ROCO:1580 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Sinmag Equipment'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.


Sinmag Equipment Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinmag Equipment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sinmag Equipment's Cyclically Adjusted PB Ratio falls into.


ROCO:1580
68GF Score
Sinmag Equipment Corp ROCO:1580
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinmag Equipment 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.

Sinmag Equipment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=107.50/54.89
=1.96

* 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.

Sinmag Equipment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sinmag Equipment'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)
=60.769/330.2130*330.2130
=60.769

Current CPI (Mar. 2026) = 330.2130.

Sinmag Equipment Quarterly Data

Book Value per Share CPI Adj_Book
201606 32.163 241.018 44.066
201609 34.671 241.428 47.421
201612 37.473 241.432 51.253
201703 37.370 243.801 50.615
201706 32.303 244.955 43.546
201709 36.185 246.819 48.411
201712 39.576 246.524 53.011
201803 41.014 249.554 54.270
201806 35.875 251.989 47.012
201809 37.562 252.439 49.134
201812 41.065 251.233 53.975
201903 43.268 254.202 56.206
201906 38.828 256.143 50.056
201909 40.904 256.759 52.606
201912 43.339 256.974 55.691
202003 43.507 258.115 55.660
202006 39.216 257.797 50.232
202009 41.910 260.280 53.171
202012 45.172 260.474 57.266
202103 46.308 264.877 57.731
202106 48.335 271.696 58.745
202109 43.966 274.310 52.926
202112 47.838 278.802 56.659
202203 50.454 287.504 57.949
202206 48.009 296.311 53.502
202209 50.542 296.808 56.230
202212 51.553 296.797 57.357
202303 47.952 301.836 52.460
202306 50.043 305.109 54.160
202309 55.229 307.789 59.253
202312 56.873 306.746 61.224
202403 51.302 312.332 54.239
202406 55.527 314.175 58.362
202409 60.008 315.301 62.846
202412 63.144 315.605 66.067
202503 57.898 319.799 59.783
202506 53.796 322.561 55.072
202509 59.423 324.800 60.413
202512 65.119 324.054 66.357
202603 60.769 330.213 60.769

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 1.96 mean?
Sinmag Equipment (ROCO:1580) has a Cyclically Adjusted PB Ratio of 1.96 as of Aug. 19, 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 Sinmag Equipment and its competitors. This is 28% below median its historical median of 2.72. Over the past decade, Sinmag Equipment's Cyclically Adjusted PB Ratio has ranged from 1.87 to 4.05. According to the industry distribution chart, Sinmag Equipment ranks #996 out of 2176 companies in the Industrial Products industry, placing it in the top 45.8%.
Is Sinmag Equipment's Cyclically Adjusted PB Ratio too high?
Sinmag Equipment's current Cyclically Adjusted PB Ratio of 1.96 is 28% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 4.05. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Sinmag Equipment's value of 1.96 is 9.3% below this industry median. Based on the distribution chart, Sinmag Equipment ranks #996 out of 2176 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sinmag Equipment has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinmag Equipment's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sinmag Equipment ranks #996 out of 2176 companies for Cyclically Adjusted PB Ratio. This puts Sinmag Equipment in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Sinmag Equipment's value of 1.96 is 9.3% below this benchmark. Historically, Sinmag Equipment's own Cyclically Adjusted PB Ratio has ranged from 1.87 to 4.05 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 2.16, Sinmag Equipment 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,176 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. Sinmag Equipment's current Cyclically Adjusted PB Ratio of 1.96 is 9.3% 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 Sinmag Equipment and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinmag Equipment's current Cyclically Adjusted PB Ratio is 1.96, which is 28% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinmag Equipment stock overvalued right now?
Based on GuruFocus' analysis, Sinmag Equipment (ROCO:1580) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$161.45, compared to a current price of NT$107.50 — trading 33.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.96, which is 28% below median its 10-year median of 2.72 and 9.3% below the Industrial Products industry median of 2.16. Sinmag Equipment's overall GF Score™ is 68/100 with 2 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 Sinmag Equipment (ROCO:1580), the current Cyclically Adjusted PB Ratio is 1.96 as of Aug. 19, 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 Sinmag Equipment (ROCO:1580) Overvalued in 2026?

Based on GuruFocus' analysis, Sinmag Equipment stock appears to be undervalued. The current stock price of NT$107.50 is trading 33.4% below its estimated GF Value™ of NT$161.45. GuruFocus considers Sinmag Equipment to be Significantly Undervalued.

Key valuation signals for ROCO:1580:

  • Cyclically Adjusted PB Ratio: 1.96 (28% below median its 10-year median of 2.72)
  • GF Value™: NT$161.45 vs. price of NT$107.50 (33.4% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 9.3% below the Industrial Products median (#996 of 2176)

No single metric tells the full story. See the ROCO:1580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinmag Equipment Business Description

Address No. 23, Wuquan 6th Road Address Line 1, Wugu Industrial Park, Wugu District, New Tapei City, TWN
Sinmag Equipment Corp is engaged in Wholesale of machinery; Retail sale of machinery and equipment; Machinery and equipment manufacturing, International trade; and All businesses that are not prohibited or restricted by law.
68GF Score

Get the complete analysis for ROCO:1580

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

NT$107.50
Price
NT$161.45
GF Value