Podak Co (ROCO:3537) Cyclically Adjusted PB Ratio: 2.68 (As of Aug. 15, 2026) — 31% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3537 Podak Co Ltd ROCO:3537
70 GF Score
Price NT$56.50
GF Value NT$46.06
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Podak Co Cyclically Adjusted PB Ratio?

Podak Co ROCO:3537 -3.58% 70 Cyclically Adjusted PB Ratio is 2.68 as of Aug. 15, 2026, which is 31% above its 10-year median of 2.05. GuruFocus rates ROCO:3537 with a GF Score™ of 70/100 and a GF Value™ of NT$46.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,219 Industrial Products companies, Podak Co ranks worse than 54.48% on this metric.

As of today (2026-08-15), Podak Co's current share price is NT$56.50. Podak Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.10. Podak Co's Cyclically Adjusted PB Ratio for today is 2.68.

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

ROCO:3537' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.05   Max: 4.25
Current: 2.44

During the past years, Podak Co's highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 1.42. And the median was 2.05.

ROCO:3537's Cyclically Adjusted PB Ratio is ranked worse than
54.48% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs ROCO:3537: 2.44

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.

Podak Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$24.047. 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$21.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Podak Co  (ROCO:3537) 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.


Podak Co Cyclically Adjusted PB Ratio Related Terms


Podak Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Podak 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.

Podak Co Cyclically Adjusted PB Ratio Chart

Podak 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 2.10 1.79 2.02 2.73 2.42

Podak Co 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 2.25 2.22 1.85 2.42 1.98

ROCO:3537 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Podak 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.


Podak Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


ROCO:3537
70GF Score
Podak Co Ltd ROCO:3537
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Podak 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.50/21.10
=2.68

* 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.

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

For example, Podak Co'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)
=24.047/330.2130*330.2130
=24.047

Current CPI (Mar. 2026) = 330.2130.

Podak Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.822 241.018 18.937
201609 13.972 241.428 19.110
201612 14.531 241.432 19.874
201703 14.403 243.801 19.508
201706 13.869 244.955 18.696
201709 14.573 246.819 19.497
201712 15.100 246.524 20.226
201803 15.713 249.554 20.792
201806 14.835 251.989 19.440
201809 15.390 252.439 20.132
201812 16.086 251.233 21.143
201903 16.953 254.202 22.022
201906 15.446 256.143 19.913
201909 16.113 256.759 20.723
201912 16.478 256.974 21.174
202003 16.026 258.115 20.502
202006 16.538 257.797 21.184
202009 17.093 260.280 21.686
202012 17.775 260.474 22.534
202103 16.495 264.877 20.564
202106 17.018 271.696 20.683
202109 17.881 274.310 21.525
202112 19.088 278.802 22.608
202203 17.407 287.504 19.993
202206 18.473 296.311 20.587
202209 19.748 296.808 21.971
202212 20.262 296.797 22.543
202303 18.783 301.836 20.549
202306 19.327 305.109 20.917
202309 20.596 307.789 22.097
202312 20.478 306.746 22.045
202403 20.170 312.332 21.325
202406 21.115 314.175 22.193
202409 21.532 315.301 22.550
202412 22.479 315.605 23.519
202503 21.493 319.799 22.193
202506 19.816 322.561 20.286
202509 21.245 324.800 21.599
202512 22.655 324.054 23.086
202603 24.047 330.213 24.047

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 2.68 mean?
Podak Co (ROCO:3537) has a Cyclically Adjusted PB Ratio of 2.68 as of Aug. 15, 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 Podak Co and its competitors. This is 31% above median its historical median of 2.05. Over the past decade, Podak Co's Cyclically Adjusted PB Ratio has ranged from 1.42 to 4.25. According to the industry distribution chart, Podak Co ranks #1209 out of 2219 companies in the Industrial Products industry, placing it in the top 54.5%.
Is Podak Co's Cyclically Adjusted PB Ratio too high?
Podak Co's current Cyclically Adjusted PB Ratio of 2.68 is 31% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 4.25. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Podak Co's value of 2.68 is 23.5% above this industry median. Based on the distribution chart, Podak Co ranks #1209 out of 2219 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Podak Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Podak Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Podak Co ranks #1209 out of 2219 companies for Cyclically Adjusted PB Ratio. This places Podak Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Podak Co's value of 2.68 is 23.5% above this benchmark. Historically, Podak Co's own Cyclically Adjusted PB Ratio has ranged from 1.42 to 4.25 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 2.17, Podak 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,219 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. Podak Co's current Cyclically Adjusted PB Ratio of 2.68 is 23.5% 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 Podak Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Podak Co's current Cyclically Adjusted PB Ratio is 2.68, which is 31% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Podak Co stock overvalued right now?
Based on GuruFocus' analysis, Podak Co (ROCO:3537) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$46.06, compared to a current price of NT$56.50 — trading 22.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.68, which is 31% above median its 10-year median of 2.05 and 23.5% above the Industrial Products industry median of 2.17. Podak Co's overall GF Score™ is 70/100 with 3 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 Podak Co (ROCO:3537), the current Cyclically Adjusted PB Ratio is 2.68 as of Aug. 15, 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 Podak Co (ROCO:3537) Overvalued in 2026?

Based on GuruFocus' analysis, Podak Co stock appears to be overvalued. The current stock price of NT$56.50 is trading 22.7% above its estimated GF Value™ of NT$46.06. GuruFocus considers Podak Co to be Modestly Overvalued.

Key valuation signals for ROCO:3537:

  • Cyclically Adjusted PB Ratio: 2.68 (31% above median its 10-year median of 2.05)
  • GF Value™: NT$46.06 vs. price of NT$56.50 (22.7% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 23.5% above the Industrial Products median (#1209 of 2219)

No single metric tells the full story. See the ROCO:3537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Podak Co Business Description

Address Zhongshan N. Road, 10th Floor, No 129, Sector 2, Zhongshan District, Taipei, TWN, 104
Podak Co Ltd are mainly engaged in the import and export trading of various motors, electronic components, and electrical machinery, as well as acting as an agent, bidding, and distributing for domestic and foreign manufacturers of the aforementioned products.
70GF Score

Get the complete analysis for ROCO:3537

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

NT$56.50
Price
NT$46.06
GF Value