Franbo Lines (ROCO:2641) Cyclically Adjusted PB Ratio: 0.97 (As of Aug. 17, 2026) — 20% Below Median

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ROCO:2641 Franbo Lines Corp ROCO:2641
58 GF Score
Price NT$17.35
GF Value NT$23.23
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Franbo Lines Cyclically Adjusted PB Ratio?

Franbo Lines ROCO:2641 +0.87% 58 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 17, 2026, which is 20% below its 10-year median of 1.21. GuruFocus rates ROCO:2641 with a GF Score™ of 58/100 and a GF Value™ of NT$23.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 721 Transportation companies, Franbo Lines ranks better than 63.52% on this metric.

As of today (2026-08-17), Franbo Lines's current share price is NT$17.35. Franbo Lines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$17.91. Franbo Lines's Cyclically Adjusted PB Ratio for today is 0.97.

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

ROCO:2641' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.21   Max: 2.17
Current: 0.97

During the past years, Franbo Lines's highest Cyclically Adjusted PB Ratio was 2.17. The lowest was 0.94. And the median was 1.21.

ROCO:2641's Cyclically Adjusted PB Ratio is ranked better than
63.52% of 721 companies
in the Transportation industry
Industry Median: 1.27 vs ROCO:2641: 0.97

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.

Franbo Lines's adjusted book value per share data for the three months ended in Mar. 2026 was NT$25.088. 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$17.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franbo Lines  (ROCO:2641) 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.


Franbo Lines Cyclically Adjusted PB Ratio Related Terms


Franbo Lines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Franbo Lines'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.

Franbo Lines Cyclically Adjusted PB Ratio Chart

Franbo Lines 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 1.91 1.27 1.35 1.08 1.15

Franbo Lines 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 1.22 1.09 1.21 1.15 0.99

Franbo Lines Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Franbo Lines'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.


Franbo Lines Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Franbo Lines's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:2641
58GF Score
Franbo Lines Corp ROCO:2641
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franbo Lines 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.

Franbo Lines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.35/17.91
=0.97

* 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.

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

For example, Franbo Lines'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)
=25.088/330.2130*330.2130
=25.088

Current CPI (Mar. 2026) = 330.2130.

Franbo Lines Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.174 241.018 18.049
201609 12.886 241.428 17.625
201612 13.445 241.432 18.389
201703 11.842 243.801 16.039
201706 11.883 244.955 16.019
201709 11.860 246.819 15.867
201712 8.669 246.524 11.612
201803 8.538 249.554 11.298
201806 9.518 251.989 12.473
201809 9.390 252.439 12.283
201812 9.585 251.233 12.598
201903 9.737 254.202 12.649
201906 9.948 256.143 12.825
201909 10.044 256.759 12.917
201912 9.751 256.974 12.530
202003 10.012 258.115 12.809
202006 9.786 257.797 12.535
202009 9.723 260.280 12.335
202012 9.566 260.474 12.127
202103 9.760 264.877 12.167
202106 9.886 271.696 12.015
202109 13.905 274.310 16.739
202112 14.608 278.802 17.302
202203 16.471 287.504 18.918
202206 17.463 296.311 19.461
202209 20.882 296.808 23.232
202212 22.059 296.797 24.543
202303 20.676 301.836 22.620
202306 21.353 305.109 23.110
202309 22.256 307.789 23.877
202312 21.207 306.746 22.829
202403 22.031 312.332 23.292
202406 22.569 314.175 23.721
202409 22.771 315.301 23.848
202412 24.045 315.605 25.158
202503 23.997 319.799 24.778
202506 21.645 322.561 22.158
202509 23.254 324.800 23.642
202512 24.431 324.054 24.895
202603 25.088 330.213 25.088

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 0.97 mean?
Franbo Lines (ROCO:2641) has a Cyclically Adjusted PB Ratio of 0.97 as of Aug. 17, 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 Franbo Lines and its competitors. This is 20% below median its historical median of 1.21. Over the past decade, Franbo Lines' Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.17. According to the industry distribution chart, Franbo Lines ranks #263 out of 721 companies in the Transportation industry, placing it in the top 36.5%.
Is Franbo Lines' Cyclically Adjusted PB Ratio too high?
Franbo Lines' current Cyclically Adjusted PB Ratio of 0.97 is 20% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.17. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Franbo Lines' value of 0.97 is 23.6% below this industry median. Based on the distribution chart, Franbo Lines ranks #263 out of 721 companies in the Transportation industry, which is above the industry midpoint. Overall, Franbo Lines has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Franbo Lines' Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Franbo Lines ranks #263 out of 721 companies for Cyclically Adjusted PB Ratio. This puts Franbo Lines in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Franbo Lines' value of 0.97 is 23.6% below this benchmark. Historically, Franbo Lines' own Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.17 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 1.27, Franbo Lines 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 721 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. Franbo Lines's current Cyclically Adjusted PB Ratio of 0.97 is 23.6% 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 Franbo Lines and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franbo Lines's current Cyclically Adjusted PB Ratio is 0.97, which is 20% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franbo Lines stock overvalued right now?
Based on GuruFocus' analysis, Franbo Lines (ROCO:2641) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$23.23, compared to a current price of NT$17.35 — trading 25.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 20% below median its 10-year median of 1.21 and 23.6% below the Transportation industry median of 1.27. Franbo Lines' overall GF Score™ is 58/100 with 5 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 Franbo Lines (ROCO:2641), the current Cyclically Adjusted PB Ratio is 0.97 as of Aug. 17, 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 Franbo Lines (ROCO:2641) Overvalued in 2026?

Based on GuruFocus' analysis, Franbo Lines stock appears to be undervalued. The current stock price of NT$17.35 is trading 25.3% below its estimated GF Value™ of NT$23.23. GuruFocus considers Franbo Lines to be Modestly Undervalued.

Key valuation signals for ROCO:2641:

  • Cyclically Adjusted PB Ratio: 0.97 (20% below median its 10-year median of 1.21)
  • GF Value™: NT$23.23 vs. price of NT$17.35 (25.3% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 23.6% below the Transportation median (#263 of 721)

No single metric tells the full story. See the ROCO:2641 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franbo Lines Business Description

Address Haibian Road, 3rd Floor, No.31, Lingya District, Kaohsiung, TWN, 802
Franbo Lines Corp is engaged in the shipping agency, consulting service and ocean freight forwarding. The company's fleet consists of multi-[purpose heavy lift general cargo vessels and bulk carriers, Handysize and Supramax vessel types. Its clients are shipping conglomerates from Japan, Europe, and the United States.
58GF Score

Get the complete analysis for ROCO:2641

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

NT$17.35
Price
NT$23.23
GF Value