Sheh Kai Precision Co (ROCO:2063) Cyclically Adjusted PB Ratio: 1.14 (As of Aug. 31, 2026) — 48% Below Median

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ROCO:2063 Sheh Kai Precision Co Ltd ROCO:2063
65 GF Score
Price NT$24.00
GF Value NT$30.27
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Sheh Kai Precision Co Cyclically Adjusted PB Ratio?

Sheh Kai Precision Co ROCO:2063 +0.21% 65 Cyclically Adjusted PB Ratio is 1.14 as of Aug. 31, 2026, which is 48% below its 10-year median of 2.18. GuruFocus rates ROCO:2063 with a GF Score™ of 65/100 and a GF Value™ of NT$30.27 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 2,104 Industrial Products companies, Sheh Kai Precision Co ranks better than 70.87% on this metric.

As of today (2026-08-31), Sheh Kai Precision Co's current share price is NT$24.00. Sheh Kai Precision Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$21.07. Sheh Kai Precision Co's Cyclically Adjusted PB Ratio for today is 1.14.

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

ROCO:2063' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.18   Max: 3.14
Current: 1.14

During the past years, Sheh Kai Precision Co's highest Cyclically Adjusted PB Ratio was 3.14. The lowest was 1.13. And the median was 2.18.

ROCO:2063's Cyclically Adjusted PB Ratio is ranked better than
70.87% of 2104 companies
in the Industrial Products industry
Industry Median: 2.15 vs ROCO:2063: 1.14

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.

Sheh Kai Precision Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$19.994. 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$21.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sheh Kai Precision Co  (ROCO:2063) 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.


Sheh Kai Precision Co Cyclically Adjusted PB Ratio Related Terms


Sheh Kai Precision Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sheh Kai Precision 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.

Sheh Kai Precision Co Cyclically Adjusted PB Ratio Chart

Sheh Kai Precision 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 2.22 2.45 2.93 1.73 1.19

Sheh Kai Precision 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 1.48 1.28 1.19 1.30 1.14

ROCO:2063 vs SNA, RBC, LECO: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Sheh Kai Precision 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.


Sheh Kai Precision Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sheh Kai Precision Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:2063
65GF Score
Sheh Kai Precision Co Ltd ROCO:2063
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sheh Kai Precision 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.

Sheh Kai Precision Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.00/21.07
=1.14

* 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.

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

For example, Sheh Kai Precision 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)
=19.994/333.9520*333.9520
=19.994

Current CPI (Jun. 2026) = 333.9520.

Sheh Kai Precision Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.995 241.428 19.358
201612 13.973 241.432 19.328
201703 14.411 243.801 19.740
201706 13.931 244.955 18.992
201709 14.811 246.819 20.040
201712 15.370 246.524 20.821
201803 16.192 249.554 21.668
201806 14.616 251.989 19.370
201809 15.774 252.439 20.867
201812 16.527 251.233 21.969
201903 17.427 254.202 22.894
201906 15.363 256.143 20.030
201909 16.365 256.759 21.285
201912 17.048 256.974 22.155
202003 15.220 258.115 19.692
202006 15.612 257.797 20.224
202009 16.226 260.280 20.819
202012 16.823 260.474 21.569
202103 15.630 264.877 19.706
202106 16.485 271.696 20.262
202109 17.539 274.310 21.352
202112 17.106 278.802 20.490
202203 16.048 287.504 18.641
202206 18.962 296.311 21.371
202209 20.364 296.808 22.912
202212 19.582 296.797 22.033
202303 18.964 301.836 20.982
202306 20.624 305.109 22.574
202309 22.354 307.789 24.254
202312 21.712 306.746 23.638
202403 21.117 312.332 22.579
202406 21.911 314.175 23.290
202409 22.217 315.301 23.531
202412 22.689 315.605 24.008
202503 20.509 319.799 21.417
202506 19.313 322.561 19.995
202509 19.033 324.800 19.569
202512 19.118 324.054 19.702
202603 19.298 330.213 19.517
202606 19.994 333.952 19.994

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 1.14 mean?
Sheh Kai Precision Co (ROCO:2063) has a Cyclically Adjusted PB Ratio of 1.14 as of Aug. 31, 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 Sheh Kai Precision Co and its competitors. This is 48% below median its historical median of 2.18. Over the past decade, Sheh Kai Precision Co's Cyclically Adjusted PB Ratio has ranged from 1.13 to 3.14. According to the industry distribution chart, Sheh Kai Precision Co ranks #613 out of 2104 companies in the Industrial Products industry, placing it in the top 29.1%.
Is Sheh Kai Precision Co's Cyclically Adjusted PB Ratio too high?
Sheh Kai Precision Co's current Cyclically Adjusted PB Ratio of 1.14 is 48% below median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.14. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.15. Sheh Kai Precision Co's value of 1.14 is 47% below this industry median. Based on the distribution chart, Sheh Kai Precision Co ranks #613 out of 2104 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sheh Kai Precision Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sheh Kai Precision Co's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Sheh Kai Precision Co ranks #613 out of 2104 companies for Cyclically Adjusted PB Ratio. This puts Sheh Kai Precision Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Sheh Kai Precision Co's value of 1.14 is 47% below this benchmark. Historically, Sheh Kai Precision Co's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 3.14 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 2.15, Sheh Kai Precision 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.15, based on 2,104 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. Sheh Kai Precision Co's current Cyclically Adjusted PB Ratio of 1.14 is 47% 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 Sheh Kai Precision Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sheh Kai Precision Co's current Cyclically Adjusted PB Ratio is 1.14, which is 48% below median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheh Kai Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Sheh Kai Precision Co (ROCO:2063) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.27, compared to a current price of NT$24.00 — trading 20.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.14, which is 48% below median its 10-year median of 2.18 and 47% below the Industrial Products industry median of 2.15. Sheh Kai Precision Co's overall GF Score™ is 65/100 with 9 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 Sheh Kai Precision Co (ROCO:2063), the current Cyclically Adjusted PB Ratio is 1.14 as of Aug. 31, 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 Sheh Kai Precision Co (ROCO:2063) Overvalued in 2026?

Based on GuruFocus' analysis, Sheh Kai Precision Co stock appears to be undervalued. The current stock price of NT$24.00 is trading 20.7% below its estimated GF Value™ of NT$30.27. GuruFocus considers Sheh Kai Precision Co to be Modestly Undervalued.

Key valuation signals for ROCO:2063:

  • Cyclically Adjusted PB Ratio: 1.14 (48% below median its 10-year median of 2.18)
  • GF Value™: NT$30.27 vs. price of NT$24.00 (20.7% below fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 47% below the Industrial Products median (#613 of 2104)

No single metric tells the full story. See the ROCO:2063 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sheh Kai Precision Co Business Description

Address No.1, BenGong 1st Road, Gangshan Dist, Kaohsiung, TWN, 820110
Sheh Kai Precision Co Ltd is engaged in the manufacture of screws, nuts, bolts, rivers, and other metal products. It has two operating segments; The company, and Sheh Kai Trading (Shanghai) Co., Ltd. and Bi-Metal Limited. It generates majority of its revenue from the company segment.
65GF Score

Get the complete analysis for ROCO:2063

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

NT$24.00
Price
NT$30.27
GF Value