Tradetool Auto Co (ROCO:3685) Cyclically Adjusted PB Ratio: 2.72 (As of Aug. 14, 2026) — 89% Above Median

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ROCO:3685 Tradetool Auto Co Ltd ROCO:3685
47 GF Score
Price NT$38.30
GF Value NT$17.47
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Tradetool Auto Co Cyclically Adjusted PB Ratio?

Tradetool Auto Co ROCO:3685 +0.79% 47 Cyclically Adjusted PB Ratio is 2.72 as of Aug. 14, 2026, which is 89% above its 10-year median of 1.44. GuruFocus rates ROCO:3685 with a GF Score™ of 47/100 and a GF Value™ of NT$17.47 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 982 Vehicles & Parts companies, Tradetool Auto Co ranks worse than 75.25% on this metric.

As of today (2026-08-14), Tradetool Auto Co's current share price is NT$38.30. Tradetool Auto Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$14.06. Tradetool Auto Co's Cyclically Adjusted PB Ratio for today is 2.72.

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

ROCO:3685' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.44   Max: 3.16
Current: 2.82

During the past years, Tradetool Auto Co's highest Cyclically Adjusted PB Ratio was 3.16. The lowest was 0.76. And the median was 1.44.

ROCO:3685's Cyclically Adjusted PB Ratio is ranked worse than
75.25% of 982 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs ROCO:3685: 2.82

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.

Tradetool Auto Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$9.069. 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$14.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tradetool Auto Co  (ROCO:3685) 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.


Tradetool Auto Co Cyclically Adjusted PB Ratio Related Terms


Tradetool Auto Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tradetool Auto 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.

Tradetool Auto Co Cyclically Adjusted PB Ratio Chart

Tradetool Auto 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 2.40 1.27 1.45 1.11 2.96

Tradetool Auto 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 0.91 0.81 2.08 2.96 2.03

ROCO:3685 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Tradetool Auto 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.


Tradetool Auto Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


ROCO:3685
47GF Score
Tradetool Auto Co Ltd ROCO:3685
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tradetool Auto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.30/14.06
=2.72

* 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.

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

For example, Tradetool Auto 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)
=9.069/330.2130*330.2130
=9.069

Current CPI (Mar. 2026) = 330.2130.

Tradetool Auto Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.457 241.018 18.437
201609 13.370 241.428 18.287
201612 13.993 241.432 19.139
201703 13.100 243.801 17.743
201706 13.124 244.955 17.692
201709 13.199 246.819 17.659
201712 13.844 246.524 18.544
201803 13.211 249.554 17.481
201806 11.713 251.989 15.349
201809 12.434 252.439 16.265
201812 12.510 251.233 16.443
201903 12.570 254.202 16.329
201906 12.024 256.143 15.501
201909 11.959 256.759 15.380
201912 12.032 256.974 15.461
202003 11.906 258.115 15.232
202006 11.528 257.797 14.766
202009 11.634 260.280 14.760
202012 12.025 260.474 15.245
202103 11.928 264.877 14.870
202106 11.628 271.696 14.132
202109 11.520 274.310 13.868
202112 11.842 278.802 14.026
202203 12.031 287.504 13.818
202206 11.990 296.311 13.362
202209 11.913 296.808 13.254
202212 11.330 296.797 12.606
202303 11.153 301.836 12.202
202306 10.926 305.109 11.825
202309 10.908 307.789 11.703
202312 10.441 306.746 11.240
202403 10.400 312.332 10.995
202406 10.275 314.175 10.800
202409 10.171 315.301 10.652
202412 10.068 315.605 10.534
202503 9.960 319.799 10.284
202506 9.059 322.561 9.274
202509 9.160 324.800 9.313
202512 8.864 324.054 9.032
202603 9.069 330.213 9.069

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 2.72 mean?
Tradetool Auto Co (ROCO:3685) has a Cyclically Adjusted PB Ratio of 2.72 as of Aug. 14, 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 Tradetool Auto Co and its competitors. This is 89% above median its historical median of 1.44. Over the past decade, Tradetool Auto Co's Cyclically Adjusted PB Ratio has ranged from 0.76 to 3.16. According to the industry distribution chart, Tradetool Auto Co ranks #739 out of 982 companies in the Vehicles & Parts industry, placing it in the top 75.3%.
Is Tradetool Auto Co's Cyclically Adjusted PB Ratio too high?
Tradetool Auto Co's current Cyclically Adjusted PB Ratio of 2.72 is 89% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.16. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Tradetool Auto Co's value of 2.72 is 115.9% above this industry median. Based on the distribution chart, Tradetool Auto Co ranks #739 out of 982 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tradetool Auto Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tradetool Auto Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tradetool Auto Co ranks #739 out of 982 companies for Cyclically Adjusted PB Ratio. This places Tradetool Auto Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Tradetool Auto Co's value of 2.72 is 115.9% above this benchmark. Historically, Tradetool Auto Co's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 3.16 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.26, Tradetool Auto 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 982 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. Tradetool Auto Co's current Cyclically Adjusted PB Ratio of 2.72 is 115.9% 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 Tradetool Auto 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. Tradetool Auto Co's current Cyclically Adjusted PB Ratio is 2.72, which is 89% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradetool Auto Co stock overvalued right now?
Based on GuruFocus' analysis, Tradetool Auto Co (ROCO:3685) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.47, compared to a current price of NT$38.30 — trading 119.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.72, which is 89% above median its 10-year median of 1.44 and 115.9% above the Vehicles & Parts industry median of 1.26. Tradetool Auto Co's overall GF Score™ is 47/100 with 2 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 Tradetool Auto Co (ROCO:3685), the current Cyclically Adjusted PB Ratio is 2.72 as of Aug. 14, 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 Tradetool Auto Co (ROCO:3685) Overvalued in 2026?

Based on GuruFocus' analysis, Tradetool Auto Co stock appears to be overvalued. The current stock price of NT$38.30 is trading 119.2% above its estimated GF Value™ of NT$17.47. GuruFocus considers Tradetool Auto Co to be Significantly Overvalued.

Key valuation signals for ROCO:3685:

  • Cyclically Adjusted PB Ratio: 2.72 (89% above median its 10-year median of 1.44)
  • GF Value™: NT$17.47 vs. price of NT$38.30 (119.2% above fair value)
  • GF Score™: 47/100 with 2 warning signs
  • Industry Position: 115.9% above the Vehicles & Parts median (#739 of 982)

No single metric tells the full story. See the ROCO:3685 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradetool Auto Co Business Description

Address No. 213 Chaofu Road, Room No. 7, 4th Floor, Xitun District, Taichung City, TWN, 407
Tradetool Auto Co Ltd is engaged in manufacturing and trading light guide plates, automotive stamping and welding parts, and developing and trading related molds. The company's department includes: Optical Injection Component Department, Metal Parts Stamping Department, Solar Energy Business Department, Construction and Investment Business Department. The company generates the majority of its revenue from the Metal Parts Stamping Department, which is engaged in body metal stamping and welding, trading, and the development and trading of related molds.
47GF Score

Get the complete analysis for ROCO:3685

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

NT$38.30
Price
NT$17.47
GF Value