Nww Manufacturing Co (ROCO:2245) Cyclically Adjusted PB Ratio: 1.84 (As of Aug. 07, 2026) — Near Median

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ROCO:2245 Nww Manufacturing Co Ltd ROCO:2245
88 GF Score
Price NT$24.60
GF Value NT$20.97
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Nww Manufacturing Co Cyclically Adjusted PB Ratio?

Nww Manufacturing Co ROCO:2245 88 Cyclically Adjusted PB Ratio is 1.84 as of Aug. 07, 2026, which is 3% below its 10-year median of 1.89. GuruFocus rates ROCO:2245 with a GF Score™ of 88/100 and a GF Value™ of NT$20.97 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,010 Vehicles & Parts companies, Nww Manufacturing Co ranks worse than 61.39% on this metric.

As of today (2026-08-07), Nww Manufacturing Co's current share price is NT$24.60. Nww Manufacturing Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$13.38. Nww Manufacturing Co's Cyclically Adjusted PB Ratio for today is 1.84.

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

ROCO:2245' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.89   Max: 2.37
Current: 1.84

During the past 12 years, Nww Manufacturing Co's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 1.35. And the median was 1.89.

ROCO:2245's Cyclically Adjusted PB Ratio is ranked worse than
61.39% of 1010 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs ROCO:2245: 1.84

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.

Nww Manufacturing Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$16.819. 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$13.38 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nww Manufacturing Co  (ROCO:2245) 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.


Nww Manufacturing Co Cyclically Adjusted PB Ratio Related Terms


Nww Manufacturing Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nww Manufacturing 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.

Nww Manufacturing Co Cyclically Adjusted PB Ratio Chart

Nww Manufacturing 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 1.37 1.62 1.64

Nww Manufacturing Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.37 0.00 1.62 0.00 1.64

ROCO:2245 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Nww Manufacturing 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.


Nww Manufacturing Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


ROCO:2245
88GF Score
Nww Manufacturing Co Ltd ROCO:2245
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nww Manufacturing 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.

Nww Manufacturing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.60/13.38
=1.84

* 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.

Nww Manufacturing Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Nww Manufacturing Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=16.819/324.0540*324.0540
=16.819

Current CPI (Dec25) = 324.0540.

Nww Manufacturing Co Annual Data

Book Value per Share CPI Adj_Book
201612 8.423 241.432 11.305
201712 9.356 246.524 12.298
201812 9.972 251.233 12.862
201912 10.092 256.974 12.726
202012 10.074 260.474 12.533
202112 10.750 278.802 12.495
202212 12.169 296.797 13.287
202312 13.184 306.746 13.928
202412 15.126 315.605 15.531
202512 16.819 324.054 16.819

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 1.84 mean?
Nww Manufacturing Co (ROCO:2245) has a Cyclically Adjusted PB Ratio of 1.84 as of Aug. 07, 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 Nww Manufacturing Co and its competitors. This is near median its historical median of 1.89. Over the past decade, Nww Manufacturing Co's Cyclically Adjusted PB Ratio has ranged from 1.35 to 2.37. According to the industry distribution chart, Nww Manufacturing Co ranks #620 out of 1010 companies in the Vehicles & Parts industry, placing it in the top 61.4%.
Is Nww Manufacturing Co's Cyclically Adjusted PB Ratio too high?
Nww Manufacturing Co's current Cyclically Adjusted PB Ratio of 1.84 is near median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 2.37. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Nww Manufacturing Co's value of 1.84 is 46% above this industry median. Based on the distribution chart, Nww Manufacturing Co ranks #620 out of 1010 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nww Manufacturing Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nww Manufacturing Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nww Manufacturing Co ranks #620 out of 1010 companies for Cyclically Adjusted PB Ratio. This places Nww Manufacturing Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Nww Manufacturing Co's value of 1.84 is 46% above this benchmark. Historically, Nww Manufacturing Co's own Cyclically Adjusted PB Ratio has ranged from 1.35 to 2.37 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.26, Nww Manufacturing Co has consistently been above 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 1,010 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. Nww Manufacturing Co's current Cyclically Adjusted PB Ratio of 1.84 is 46% above 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 Nww Manufacturing 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. Nww Manufacturing Co's current Cyclically Adjusted PB Ratio is 1.84, which is near median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nww Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Nww Manufacturing Co (ROCO:2245) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$20.97, compared to a current price of NT$24.60 — trading 17.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.84, which is near median its 10-year median of 1.89 and 46% above the Vehicles & Parts industry median of 1.26. Nww Manufacturing Co's overall GF Score™ is 88/100 with 1 warning sign 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 Nww Manufacturing Co (ROCO:2245), the current Cyclically Adjusted PB Ratio is 1.84 as of Aug. 07, 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 Nww Manufacturing Co (ROCO:2245) Overvalued in 2026?

Based on GuruFocus' analysis, Nww Manufacturing Co stock appears to be overvalued. The current stock price of NT$24.60 is trading 17.3% above its estimated GF Value™ of NT$20.97. GuruFocus considers Nww Manufacturing Co to be Modestly Overvalued.

Key valuation signals for ROCO:2245:

  • Cyclically Adjusted PB Ratio: 1.84 (near median its 10-year median of 1.89)
  • GF Value™: NT$20.97 vs. price of NT$24.60 (17.3% above fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 46% above the Vehicles & Parts median (#620 of 1010)

No single metric tells the full story. See the ROCO:2245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nww Manufacturing Co Business Description

Address No. 209, Section 3, Zhongzheng Road, Rende District, Tainan, TWN, 82243
Nww Manufacturing Co Ltd is involved in the manufacturing of Ignition components. Its main products include distributor caps, PBT tube, ignition rubber boots, ignition cable, terminals, ignition coil-on-plug boots, and some assembly parts.
88GF Score

Get the complete analysis for ROCO:2245

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

NT$24.60
Price
NT$20.97
GF Value