GeneFerm Biotechnology Co (ROCO:1796) Cyclically Adjusted PB Ratio: 1.46 (As of Aug. 26, 2026) — 39% Below Median

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ROCO:1796 GeneFerm Biotechnology Co Ltd ROCO:1796
68 GF Score
Price NT$29.00
GF Value NT$52.40
Valuation Significantly Undervalued
! 7 Warning Signs
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What is GeneFerm Biotechnology Co Cyclically Adjusted PB Ratio?

GeneFerm Biotechnology Co ROCO:1796 -1.69% 68 Cyclically Adjusted PB Ratio is 1.46 as of Aug. 26, 2026, which is 39% below its 10-year median of 2.40. GuruFocus rates ROCO:1796 with a GF Score™ of 68/100 and a GF Value™ of NT$52.40 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 672 Drug Manufacturers companies, GeneFerm Biotechnology Co ranks better than 56.1% on this metric.

As of today (2026-08-26), GeneFerm Biotechnology Co's current share price is NT$29.00. GeneFerm Biotechnology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$19.93. GeneFerm Biotechnology Co's Cyclically Adjusted PB Ratio for today is 1.46.

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

ROCO:1796' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.4   Max: 3.29
Current: 1.49

During the past years, GeneFerm Biotechnology Co's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 1.49. And the median was 2.40.

ROCO:1796's Cyclically Adjusted PB Ratio is ranked better than
56.1% of 672 companies
in the Drug Manufacturers industry
Industry Median: 1.705 vs ROCO:1796: 1.49

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.

GeneFerm Biotechnology Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$18.908. 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$19.93 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GeneFerm Biotechnology Co  (ROCO:1796) 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.


GeneFerm Biotechnology Co Cyclically Adjusted PB Ratio Related Terms


GeneFerm Biotechnology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GeneFerm Biotechnology 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.

GeneFerm Biotechnology Co Cyclically Adjusted PB Ratio Chart

GeneFerm Biotechnology 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 0.00 0.00 0.00 0.00 2.50

GeneFerm Biotechnology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.34 3.00 2.50 1.71 1.60

ROCO:1796 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, GeneFerm Biotechnology 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.


GeneFerm Biotechnology Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, GeneFerm Biotechnology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GeneFerm Biotechnology Co's Cyclically Adjusted PB Ratio falls into.


ROCO:1796
68GF Score
GeneFerm Biotechnology Co Ltd ROCO:1796
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GeneFerm Biotechnology 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.

GeneFerm Biotechnology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.00/19.93
=1.46

* 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.

GeneFerm Biotechnology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, GeneFerm Biotechnology Co'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)
=18.908/333.9520*333.9520
=18.908

Current CPI (Jun. 2026) = 333.9520.

GeneFerm Biotechnology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 13.343 241.432 18.456
201703 13.527 243.801 18.529
201706 12.007 244.955 16.369
201709 12.443 246.819 16.836
201712 12.620 246.524 17.096
201803 15.382 249.554 20.584
201806 14.501 251.989 19.218
201809 14.823 252.439 19.609
201812 14.985 251.233 19.919
201903 15.216 254.202 19.990
201906 14.439 256.143 18.825
201909 14.342 256.759 18.654
201912 13.972 256.974 18.157
202003 13.784 258.115 17.834
202006 13.796 257.797 17.871
202009 13.962 260.280 17.914
202012 14.204 260.474 18.211
202103 17.111 264.877 21.573
202106 17.444 271.696 21.441
202109 17.897 274.310 21.788
202112 18.330 278.802 21.956
202203 18.280 287.504 21.233
202206 19.006 296.311 21.420
202209 19.625 296.808 22.081
202212 20.038 296.797 22.546
202303 19.276 301.836 21.327
202306 20.388 305.109 22.315
202309 21.219 307.789 23.023
202312 21.535 306.746 23.445
202403 19.343 312.332 20.682
202406 19.201 314.175 20.410
202409 18.938 315.301 20.058
202412 19.011 315.605 20.116
202503 19.176 319.799 20.025
202506 19.152 322.561 19.828
202509 19.305 324.800 19.849
202512 19.698 324.054 20.300
202603 18.848 330.213 19.061
202606 18.908 333.952 18.908

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 1.46 mean?
GeneFerm Biotechnology Co (ROCO:1796) has a Cyclically Adjusted PB Ratio of 1.46 as of Aug. 26, 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 GeneFerm Biotechnology Co and its competitors. This is 39% below median its historical median of 2.40. Over the past decade, GeneFerm Biotechnology Co's Cyclically Adjusted PB Ratio has ranged from 1.49 to 3.29. According to the industry distribution chart, GeneFerm Biotechnology Co ranks #295 out of 672 companies in the Drug Manufacturers industry, placing it in the top 43.9%.
Is GeneFerm Biotechnology Co's Cyclically Adjusted PB Ratio too high?
GeneFerm Biotechnology Co's current Cyclically Adjusted PB Ratio of 1.46 is 39% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 3.29. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. GeneFerm Biotechnology Co's value of 1.46 is 14.4% below this industry median. Based on the distribution chart, GeneFerm Biotechnology Co ranks #295 out of 672 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, GeneFerm Biotechnology Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GeneFerm Biotechnology Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, GeneFerm Biotechnology Co ranks #295 out of 672 companies for Cyclically Adjusted PB Ratio. This puts GeneFerm Biotechnology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. GeneFerm Biotechnology Co's value of 1.46 is 14.4% below this benchmark. Historically, GeneFerm Biotechnology Co's own Cyclically Adjusted PB Ratio has ranged from 1.49 to 3.29 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 1.71, GeneFerm Biotechnology 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.71, based on 672 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. GeneFerm Biotechnology Co's current Cyclically Adjusted PB Ratio of 1.46 is 14.4% 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 GeneFerm Biotechnology Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GeneFerm Biotechnology Co's current Cyclically Adjusted PB Ratio is 1.46, which is 39% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GeneFerm Biotechnology Co stock overvalued right now?
Based on GuruFocus' analysis, GeneFerm Biotechnology Co (ROCO:1796) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$52.40, compared to a current price of NT$29.00 — trading 44.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is 39% below median its 10-year median of 2.40 and 14.4% below the Drug Manufacturers industry median of 1.71. GeneFerm Biotechnology Co's overall GF Score™ is 68/100 with 7 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 GeneFerm Biotechnology Co (ROCO:1796), the current Cyclically Adjusted PB Ratio is 1.46 as of Aug. 26, 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 GeneFerm Biotechnology Co (ROCO:1796) Overvalued in 2026?

Based on GuruFocus' analysis, GeneFerm Biotechnology Co stock appears to be undervalued. The current stock price of NT$29.00 is trading 44.7% below its estimated GF Value™ of NT$52.40. GuruFocus considers GeneFerm Biotechnology Co to be Significantly Undervalued.

Key valuation signals for ROCO:1796:

  • Cyclically Adjusted PB Ratio: 1.46 (39% below median its 10-year median of 2.40)
  • GF Value™: NT$52.40 vs. price of NT$29.00 (44.7% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 14.4% below the Drug Manufacturers median (#295 of 672)

No single metric tells the full story. See the ROCO:1796 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GeneFerm Biotechnology Co Business Description

Address No. 33, Xingong Road, Xinying District, Tainan, TWN, 74144
GeneFerm Biotechnology Co Ltd is a fermentation company based in Taiwan. It is engaged in manufacturing health food and supplements which include Fermented Microbial products, Fermented Fungi products, Probiotics and Extraction, and Concentration products among others.
68GF Score

Get the complete analysis for ROCO:1796

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

NT$29.00
Price
NT$52.40
GF Value