Toplus Global Co (ROCO:3522) Cyclically Adjusted PB Ratio: 0.54 (As of Aug. 31, 2026) — Near Median

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ROCO:3522 Toplus Global Co Ltd ROCO:3522
52 GF Score
Price NT$11.75
GF Value NT$15.79
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Toplus Global Co Cyclically Adjusted PB Ratio?

Toplus Global Co ROCO:3522 -0.84% 52 Cyclically Adjusted PB Ratio is 0.54 as of Aug. 31, 2026, which is at its 10-year median of 0.54. GuruFocus rates ROCO:3522 with a GF Score™ of 52/100 and a GF Value™ of NT$15.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 249 Restaurants companies, Toplus Global Co ranks better than 81.53% on this metric.

As of today (2026-08-31), Toplus Global Co's current share price is NT$11.75. Toplus Global Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$21.96. Toplus Global Co's Cyclically Adjusted PB Ratio for today is 0.54.

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

ROCO:3522' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.54   Max: 1.01
Current: 0.54

During the past years, Toplus Global Co's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.27. And the median was 0.54.

ROCO:3522's Cyclically Adjusted PB Ratio is ranked better than
81.53% of 249 companies
in the Restaurants industry
Industry Median: 1.8 vs ROCO:3522: 0.54

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.

Toplus Global Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$6.850. 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$21.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toplus Global Co  (ROCO:3522) 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.


Toplus Global Co Cyclically Adjusted PB Ratio Related Terms


Toplus Global Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toplus Global 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.

Toplus Global Co Cyclically Adjusted PB Ratio Chart

Toplus Global 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 0.46 0.29 0.72 0.89 0.81

Toplus Global 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 0.55 0.59 0.81 0.55 0.64

ROCO:3522 vs MCD, SBUX, CMG: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Toplus Global 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.


Toplus Global Co Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Toplus Global Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:3522
52GF Score
Toplus Global Co Ltd ROCO:3522
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toplus Global 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.

Toplus Global Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.75/21.96
=0.54

* 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.

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

For example, Toplus Global 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)
=6.85/333.9520*333.9520
=6.850

Current CPI (Jun. 2026) = 333.9520.

Toplus Global Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 31.523 241.428 43.604
201612 30.178 241.432 41.743
201703 29.655 243.801 40.621
201706 28.369 244.955 38.676
201709 30.129 246.819 40.765
201712 31.148 246.524 42.194
201803 31.125 249.554 41.651
201806 30.548 251.989 40.484
201809 28.928 252.439 38.269
201812 31.145 251.233 41.400
201903 31.919 254.202 41.933
201906 31.640 256.143 41.251
201909 29.696 256.759 38.624
201912 28.770 256.974 37.388
202003 27.469 258.115 35.540
202006 20.372 257.797 26.390
202009 18.925 260.280 24.282
202012 18.506 260.474 23.726
202103 17.795 264.877 22.436
202106 14.372 271.696 17.665
202109 11.248 274.310 13.694
202112 8.130 278.802 9.738
202203 8.868 287.504 10.301
202206 6.826 296.311 7.693
202209 5.528 296.808 6.220
202212 5.778 296.797 6.501
202303 5.857 301.836 6.480
202306 6.989 305.109 7.650
202309 6.158 307.789 6.681
202312 8.864 306.746 9.650
202403 9.163 312.332 9.797
202406 8.396 314.175 8.925
202409 7.690 315.301 8.145
202412 6.974 315.605 7.379
202503 7.769 319.799 8.113
202506 6.964 322.561 7.210
202509 5.412 324.800 5.564
202512 5.231 324.054 5.391
202603 7.693 330.213 7.780
202606 6.850 333.952 6.850

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 0.54 mean?
Toplus Global Co (ROCO:3522) has a Cyclically Adjusted PB Ratio of 0.54 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 Toplus Global Co and its competitors. This is near median its historical median of 0.54. Over the past decade, Toplus Global Co's Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.01. According to the industry distribution chart, Toplus Global Co ranks #46 out of 249 companies in the Restaurants industry, placing it in the top 18.5%.
Is Toplus Global Co's Cyclically Adjusted PB Ratio too high?
Toplus Global Co's current Cyclically Adjusted PB Ratio of 0.54 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.01. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.80. Toplus Global Co's value of 0.54 is 70% below this industry median. Based on the distribution chart, Toplus Global Co ranks #46 out of 249 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Toplus Global Co has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toplus Global Co's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Toplus Global Co ranks #46 out of 249 companies for Cyclically Adjusted PB Ratio. This places Toplus Global Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.80. Toplus Global Co's value of 0.54 is 70% below this benchmark. Historically, Toplus Global Co's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.01 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.80, Toplus Global 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.80, based on 249 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. Toplus Global Co's current Cyclically Adjusted PB Ratio of 0.54 is 70% 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 Toplus Global Co and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplus Global Co's current Cyclically Adjusted PB Ratio is 0.54, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplus Global Co stock overvalued right now?
Based on GuruFocus' analysis, Toplus Global Co (ROCO:3522) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.79, compared to a current price of NT$11.75 — trading 25.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is near median its 10-year median of 0.54 and 70% below the Restaurants industry median of 1.80. Toplus Global Co's overall GF Score™ is 52/100 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 Toplus Global Co (ROCO:3522), the current Cyclically Adjusted PB Ratio is 0.54 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 Toplus Global Co (ROCO:3522) Overvalued in 2026?

Based on GuruFocus' analysis, Toplus Global Co stock appears to be undervalued. The current stock price of NT$11.75 is trading 25.6% below its estimated GF Value™ of NT$15.79. GuruFocus considers Toplus Global Co to be Modestly Undervalued.

Key valuation signals for ROCO:3522:

  • Cyclically Adjusted PB Ratio: 0.54 (near median its 10-year median of 0.54)
  • GF Value™: NT$15.79 vs. price of NT$11.75 (25.6% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 70% below the Restaurants median (#46 of 249)

No single metric tells the full story. See the ROCO:3522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toplus Global Co Business Description

Address No.216, Section 2, Zhongshan Road, 13th Floor, Sector 3, Zhonghe District, New Taipei City, TWN, 242
Toplus Global Co Ltd provides catering management services. The Company offers specialties, fast food products, desserts, drinks, and other related products. It also provides wedding services. It owns DingXian and AmazingHall. DingXian stores in Taipei, Taichung, and Kaohsiung. Amazing Hall contains wedding halls and a marine manor. Its segments are Catering segments and Other segments. The catering segment, which generated maximum revenue, is responsible for catering management and operations; and Other segments, are responsible for hotel catering management consulting and travel agency services.
52GF Score

Get the complete analysis for ROCO:3522

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

NT$11.75
Price
NT$15.79
GF Value