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Chernan Metal IndustrialROCO:3631 +0.14%29 Cyclically Adjusted PB Ratio is 2.00 as of Aug. 17, 2026, which is 6% below its 10-year median of 2.13. GuruFocus rates ROCO:3631 with a GF Score™ of 29/100 and a GF Value™ of NT$10.81 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,203 Industrial Products companies, Chernan Metal Industrial ranks better than 53.7% on this metric.
The historical rank and industry rank for Chernan Metal Industrial's Cyclically Adjusted PB Ratio or its related term are showing as below:
ROCO:3631'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 2.13 Max: 3.74
Current: 2
During the past years, Chernan Metal Industrial's highest Cyclically Adjusted PB Ratio was 3.74. The lowest was 1.08. And the median was 2.13.
ROCO:3631's Cyclically Adjusted PB Ratio is ranked better than 53.7% of 2203
companies
in the Industrial Products industry
Industry Median: 2.18
vs ROCO:3631: 2.00
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.
Chernan Metal Industrial's adjusted book value per share data for the three months ended in Mar. 2026 was NT$14.763. 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$18.16 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Chernan Metal Industrial (ROCO:3631) 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.
Chernan Metal Industrial Cyclically Adjusted PB Ratio Related Terms
Chernan Metal Industrial Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Chernan Metal Industrial'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.
Chernan Metal Industrial Cyclically Adjusted PB Ratio Chart
ROCO:3631 vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison
For the Metal Fabrication subindustry, Chernan Metal Industrial'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.
Chernan Metal Industrial Cyclically Adjusted PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chernan Metal Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Chernan Metal Industrial's Cyclically Adjusted PB Ratio falls into.
Chernan Metal Industrial 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.
* 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.
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 2.00 mean?
Chernan Metal Industrial (ROCO:3631) has a Cyclically Adjusted PB Ratio of 2.00 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 Chernan Metal Industrial and its competitors. This is near median its historical median of 2.13. Over the past decade, Chernan Metal Industrial's Cyclically Adjusted PB Ratio has ranged from 1.08 to 3.74. According to the industry distribution chart, Chernan Metal Industrial ranks #1020 out of 2203 companies in the Industrial Products industry, placing it in the top 46.3%.
Is Chernan Metal Industrial's Cyclically Adjusted PB Ratio too high?
Chernan Metal Industrial's current Cyclically Adjusted PB Ratio of 2.00 is near median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 3.74. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Chernan Metal Industrial's value of 2.00 is 8.3% below this industry median. Based on the distribution chart, Chernan Metal Industrial ranks #1020 out of 2203 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chernan Metal Industrial has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chernan Metal Industrial's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chernan Metal Industrial ranks #1020 out of 2203 companies for Cyclically Adjusted PB Ratio. This puts Chernan Metal Industrial in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Chernan Metal Industrial's value of 2.00 is 8.3% below this benchmark. Historically, Chernan Metal Industrial's own Cyclically Adjusted PB Ratio has ranged from 1.08 to 3.74 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 2.18, Chernan Metal Industrial 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 2.18, based on 2,203 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. Chernan Metal Industrial's current Cyclically Adjusted PB Ratio of 2.00 is 8.3% 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 Chernan Metal Industrial and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chernan Metal Industrial's current Cyclically Adjusted PB Ratio is 2.00, which is near median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chernan Metal Industrial stock overvalued right now?
Based on GuruFocus' analysis, Chernan Metal Industrial (ROCO:3631) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.81, compared to a current price of NT$36.30 — trading 235.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.00, which is near median its 10-year median of 2.13 and 8.3% below the Industrial Products industry median of 2.18. Chernan Metal Industrial's overall GF Score™ is 29/100 with 10 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 Chernan Metal Industrial (ROCO:3631), the current Cyclically Adjusted PB Ratio is 2.00 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 Chernan Metal Industrial (ROCO:3631) Overvalued in 2026?
Based on GuruFocus' analysis, Chernan Metal Industrial stock appears to be overvalued.
The current stock price of NT$36.30 is trading 235.8% above its estimated GF Value™ of NT$10.81.
GuruFocus considers Chernan Metal Industrial to be Significantly Overvalued.
Key valuation signals for ROCO:3631:
Cyclically Adjusted PB Ratio: 2.00 (near median its 10-year median of 2.13)
GF Value™: NT$10.81 vs. price of NT$36.30 (235.8% above fair value)
Industry Position: 8.3% below the Industrial Products median (#1020 of 2203)
No single metric tells the full story. See the ROCO:3631 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chernan Metal Industrial Corp is engaged in Manufacture of Metal Structure and Architectural Components, Screw, Nut and Rivet Manufacturing, Spring Manufacturing, Lock Manufacturing, Metal Wire Products Manufacturing, Other Metal Products Manufacturing, Surface Treatments, Wholesale of Hardware, Wholesale of Electronic Materials, Retail Sale of Hardware, and Retail Sale of Electronic Materials. The company's segment includes the domestic division and the overseas division. The domestic division is mainly engaged in the manufacture and sale of solder products and the trading of semiconductor products, while the overseas division is mainly engaged in the manufacture and sale of solder products. The company generates the majority of its revenue from overseas segment.
29GF Score
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