SynCore Biotechnology Co (ROCO:4192) Cyclically Adjusted PB Ratio: 0.68 (As of Aug. 11, 2026) — 33% Below Median

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ROCO:4192 SynCore Biotechnology Co Ltd ROCO:4192
66 GF Score
Price NT$19.00
GF Value NT$46.19
Valuation Significantly Undervalued
View Full Analysis

What is SynCore Biotechnology Co Cyclically Adjusted PB Ratio?

SynCore Biotechnology Co ROCO:4192 66 Cyclically Adjusted PB Ratio is 0.68 as of Aug. 11, 2026, which is 33% below its 10-year median of 1.02. GuruFocus rates ROCO:4192 with a GF Score™ of 66/100 and a GF Value™ of NT$46.19 (Significantly Undervalued). Among 693 Biotechnology companies, SynCore Biotechnology Co ranks better than 69.12% on this metric.

As of today (2026-08-11), SynCore Biotechnology Co's current share price is NT$19.00. SynCore Biotechnology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$27.74. SynCore Biotechnology Co's Cyclically Adjusted PB Ratio for today is 0.68.

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

ROCO:4192' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.02   Max: 2.63
Current: 0.69

During the past years, SynCore Biotechnology Co's highest Cyclically Adjusted PB Ratio was 2.63. The lowest was 0.69. And the median was 1.02.

ROCO:4192's Cyclically Adjusted PB Ratio is ranked better than
69.12% of 693 companies
in the Biotechnology industry
Industry Median: 1.62 vs ROCO:4192: 0.69

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.

SynCore Biotechnology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$6.635. 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$27.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SynCore Biotechnology Co  (ROCO:4192) 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.


SynCore Biotechnology Co Cyclically Adjusted PB Ratio Related Terms


SynCore Biotechnology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SynCore Biotechnology 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.

SynCore Biotechnology Co Cyclically Adjusted PB Ratio Chart

SynCore Biotechnology 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 0.00 2.35 1.02 1.00 0.87

SynCore Biotechnology 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 0.99 0.89 0.93 0.87 0.74

ROCO:4192 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, SynCore Biotechnology 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.


SynCore Biotechnology Co Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, SynCore Biotechnology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:4192
66GF Score
SynCore Biotechnology Co Ltd ROCO:4192
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SynCore Biotechnology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.00/27.74
=0.68

* 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.

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

For example, SynCore Biotechnology 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)
=6.635/330.2130*330.2130
=6.635

Current CPI (Mar. 2026) = 330.2130.

SynCore Biotechnology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 42.245 241.018 57.879
201609 52.808 241.428 72.228
201612 50.966 241.432 69.708
201703 47.248 243.801 63.994
201706 44.080 244.955 59.422
201709 41.708 246.819 55.800
201712 38.005 246.524 50.907
201803 35.990 249.554 47.622
201806 31.090 251.989 40.741
201809 36.990 252.439 48.386
201812 31.235 251.233 41.054
201903 28.739 254.202 37.332
201906 23.043 256.143 29.706
201909 28.050 256.759 36.075
201912 23.161 256.974 29.762
202003 20.017 258.115 25.608
202006 26.760 257.797 34.277
202009 23.039 260.280 29.229
202012 19.381 260.474 24.570
202103 26.851 264.877 33.474
202106 24.036 271.696 29.213
202109 16.982 274.310 20.443
202112 14.182 278.802 16.797
202203 12.928 287.504 14.848
202206 11.598 296.311 12.925
202209 10.568 296.808 11.757
202212 7.973 296.797 8.871
202303 7.155 301.836 7.828
202306 6.343 305.109 6.865
202309 5.371 307.789 5.762
202312 10.156 306.746 10.933
202403 9.931 312.332 10.500
202406 9.308 314.175 9.783
202409 8.871 315.301 9.291
202412 8.380 315.605 8.768
202503 7.958 319.799 8.217
202506 7.564 322.561 7.743
202509 7.336 324.800 7.458
202512 6.985 324.054 7.118
202603 6.635 330.213 6.635

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 0.68 mean?
SynCore Biotechnology Co (ROCO:4192) has a Cyclically Adjusted PB Ratio of 0.68 as of Aug. 11, 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 SynCore Biotechnology Co and its competitors. This is 33% below median its historical median of 1.02. Over the past decade, SynCore Biotechnology Co's Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.63. According to the industry distribution chart, SynCore Biotechnology Co ranks #214 out of 693 companies in the Biotechnology industry, placing it in the top 30.9%.
Is SynCore Biotechnology Co's Cyclically Adjusted PB Ratio too high?
SynCore Biotechnology Co's current Cyclically Adjusted PB Ratio of 0.68 is 33% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.63. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. SynCore Biotechnology Co's value of 0.68 is 58% below this industry median. Based on the distribution chart, SynCore Biotechnology Co ranks #214 out of 693 companies in the Biotechnology industry, which is above the industry midpoint. Overall, SynCore Biotechnology Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SynCore Biotechnology Co's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, SynCore Biotechnology Co ranks #214 out of 693 companies for Cyclically Adjusted PB Ratio. This puts SynCore Biotechnology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. SynCore Biotechnology Co's value of 0.68 is 58% below this benchmark. Historically, SynCore Biotechnology Co's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.63 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.62, SynCore Biotechnology 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 693 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. SynCore Biotechnology Co's current Cyclically Adjusted PB Ratio of 0.68 is 58% 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 SynCore Biotechnology Co and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SynCore Biotechnology Co's current Cyclically Adjusted PB Ratio is 0.68, which is 33% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SynCore Biotechnology Co stock overvalued right now?
Based on GuruFocus' analysis, SynCore Biotechnology Co (ROCO:4192) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$46.19, compared to a current price of NT$19.00 — trading 58.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.68, which is 33% below median its 10-year median of 1.02 and 58% below the Biotechnology industry median of 1.62. SynCore Biotechnology Co's overall GF Score™ is 66/100. 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 SynCore Biotechnology Co (ROCO:4192), the current Cyclically Adjusted PB Ratio is 0.68 as of Aug. 11, 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 SynCore Biotechnology Co (ROCO:4192) Overvalued in 2026?

Based on GuruFocus' analysis, SynCore Biotechnology Co stock appears to be undervalued. The current stock price of NT$19.00 is trading 58.9% below its estimated GF Value™ of NT$46.19. GuruFocus considers SynCore Biotechnology Co to be Significantly Undervalued.

Key valuation signals for ROCO:4192:

  • Cyclically Adjusted PB Ratio: 0.68 (33% below median its 10-year median of 1.02)
  • GF Value™: NT$46.19 vs. price of NT$19.00 (58.9% below fair value)
  • GF Score™: 66/100
  • Industry Position: 58% below the Biotechnology median (#214 of 693)

No single metric tells the full story. See the ROCO:4192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SynCore Biotechnology Co Business Description

Address No. 84 Zhongshan Road, Zhongshan Village, Dongshan Township, Yilan, TWN, 269
SynCore Biotechnology Co Ltd is a biotechnology company. The pipeline products of the company include SB01 and 02, SB03, SB04, SB05, and Others. It is engaged in new drug development and sales, healthy food development and sales, medicine inspection, biotechnology services, and intellectual property. It operates in a single industry, the new drug development. The company generates the majority of its revenue from medical products and healthy food.
66GF Score

Get the complete analysis for ROCO:4192

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

NT$19.00
Price
NT$46.19
GF Value