Holy Stone Healthcare Co (ROCO:4194) Cyclically Adjusted PB Ratio: 1.49 (As of Aug. 24, 2026) — 42% Below Median

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ROCO:4194 Holy Stone Healthcare Co Ltd ROCO:4194
21 GF Score
Price NT$6.25
! 2 Warning Signs
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What is Holy Stone Healthcare Co Cyclically Adjusted PB Ratio?

Holy Stone Healthcare Co ROCO:4194 +3.82% 21 Cyclically Adjusted PB Ratio is 1.49 as of Aug. 24, 2026, which is 42% below its 10-year median of 2.58. GuruFocus rates ROCO:4194 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 685 Biotechnology companies, Holy Stone Healthcare Co ranks better than 53.72% on this metric.

As of today (2026-08-24), Holy Stone Healthcare Co's current share price is NT$6.25. Holy Stone Healthcare Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$4.20. Holy Stone Healthcare Co's Cyclically Adjusted PB Ratio for today is 1.49.

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

ROCO:4194' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.58   Max: 5.93
Current: 1.43

During the past 13 years, Holy Stone Healthcare Co's highest Cyclically Adjusted PB Ratio was 5.93. The lowest was 1.22. And the median was 2.58.

ROCO:4194's Cyclically Adjusted PB Ratio is ranked better than
53.72% of 685 companies
in the Biotechnology industry
Industry Median: 1.62 vs ROCO:4194: 1.43

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.

Holy Stone Healthcare Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$1.253. 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$4.20 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holy Stone Healthcare Co  (ROCO:4194) 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.


Holy Stone Healthcare Co Cyclically Adjusted PB Ratio Related Terms


Holy Stone Healthcare Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Holy Stone Healthcare 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.

Holy Stone Healthcare Co Cyclically Adjusted PB Ratio Chart

Holy Stone Healthcare 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 3.98 3.22 2.66 1.83

Holy Stone Healthcare Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 2.66 0.00 1.83 0.00

ROCO:4194 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Holy Stone Healthcare 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.


Holy Stone Healthcare Co Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


ROCO:4194
21GF Score
Holy Stone Healthcare Co Ltd ROCO:4194
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holy Stone Healthcare 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.

Holy Stone Healthcare Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.25/4.20
=1.49

* 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.

Holy Stone Healthcare Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Holy Stone Healthcare Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.253/324.0540*324.0540
=1.253

Current CPI (Dec25) = 324.0540.

Holy Stone Healthcare Co Annual Data

Book Value per Share CPI Adj_Book
201612 6.421 241.432 8.618
201712 3.414 246.524 4.488
201812 4.484 251.233 5.784
201912 5.239 256.974 6.607
202012 4.104 260.474 5.106
202112 2.402 278.802 2.792
202212 4.206 296.797 4.592
202312 0.671 306.746 0.709
202412 2.015 315.605 2.069
202512 1.253 324.054 1.253

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 1.49 mean?
Holy Stone Healthcare Co (ROCO:4194) has a Cyclically Adjusted PB Ratio of 1.49 as of Aug. 24, 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 Holy Stone Healthcare Co and its competitors. This is 42% below median its historical median of 2.58. Over the past decade, Holy Stone Healthcare Co's Cyclically Adjusted PB Ratio has ranged from 1.22 to 5.93. According to the industry distribution chart, Holy Stone Healthcare Co ranks #317 out of 685 companies in the Biotechnology industry, placing it in the top 46.3%.
Is Holy Stone Healthcare Co's Cyclically Adjusted PB Ratio too high?
Holy Stone Healthcare Co's current Cyclically Adjusted PB Ratio of 1.49 is 42% below median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 5.93. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Holy Stone Healthcare Co's value of 1.49 is 8% below this industry median. Based on the distribution chart, Holy Stone Healthcare Co ranks #317 out of 685 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Holy Stone Healthcare Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Holy Stone Healthcare Co's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Holy Stone Healthcare Co ranks #317 out of 685 companies for Cyclically Adjusted PB Ratio. This puts Holy Stone Healthcare Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Holy Stone Healthcare Co's value of 1.49 is 8% below this benchmark. Historically, Holy Stone Healthcare Co's own Cyclically Adjusted PB Ratio has ranged from 1.22 to 5.93 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 1.62, Holy Stone Healthcare 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 685 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. Holy Stone Healthcare Co's current Cyclically Adjusted PB Ratio of 1.49 is 8% 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 Holy Stone Healthcare 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. Holy Stone Healthcare Co's current Cyclically Adjusted PB Ratio is 1.49, which is 42% below median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holy Stone Healthcare Co stock overvalued right now?
Holy Stone Healthcare Co (ROCO:4194) has a current Cyclically Adjusted PB Ratio of 1.49. The current Cyclically Adjusted PB Ratio is 1.49, which is 42% below median its 10-year median of 2.58 and 8% below the Biotechnology industry median of 1.62. Holy Stone Healthcare Co's overall GF Score™ is 21/100 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 Holy Stone Healthcare Co (ROCO:4194), the current Cyclically Adjusted PB Ratio is 1.49 as of Aug. 24, 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.

Holy Stone Healthcare Co Business Description

Address Number 88, Section 1, Neihu Road, 4th Floor, Neihu District, Taipei, TWN, 11493
Holy Stone Healthcare Co Ltd is a Taiwan based company focused on a biopolymer drug delivery platform. It is involved in the development of new drugs and medical devices, especially hyaluronic acid related therapeutic products. The products of the company include RenehaVis, SportVis, TRUD, and GAF.
21GF Score

Get the complete analysis for ROCO:4194

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

NT$6.25
Price