Taiw Fructose Co (ROCO:4207) Cyclically Adjusted PB Ratio: 1.66 (As of Aug. 16, 2026) — 39% Above Median

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ROCO:4207 Taiw Fructose Co Ltd ROCO:4207
78 GF Score
Price NT$20.95
GF Value NT$15.82
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Taiw Fructose Co Cyclically Adjusted PB Ratio?

Taiw Fructose Co ROCO:4207 78 Cyclically Adjusted PB Ratio is 1.66 as of Aug. 16, 2026, which is 39% above its 10-year median of 1.19. GuruFocus rates ROCO:4207 with a GF Score™ of 78/100 and a GF Value™ of NT$15.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,386 Consumer Packaged Goods companies, Taiw Fructose Co ranks worse than 59.24% on this metric.

As of today (2026-08-16), Taiw Fructose Co's current share price is NT$20.95. Taiw Fructose Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$12.62. Taiw Fructose Co's Cyclically Adjusted PB Ratio for today is 1.66.

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

ROCO:4207' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.19   Max: 1.66
Current: 1.66

During the past years, Taiw Fructose Co's highest Cyclically Adjusted PB Ratio was 1.66. The lowest was 0.73. And the median was 1.19.

ROCO:4207's Cyclically Adjusted PB Ratio is ranked worse than
59.24% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 1.28 vs ROCO:4207: 1.66

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.

Taiw Fructose Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$14.211. 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$12.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiw Fructose Co  (ROCO:4207) 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.


Taiw Fructose Co Cyclically Adjusted PB Ratio Related Terms


Taiw Fructose Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiw Fructose 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.

Taiw Fructose Co Cyclically Adjusted PB Ratio Chart

Taiw Fructose 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 1.09 1.05 1.42 1.37 1.50

Taiw Fructose 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 1.40 1.32 1.55 1.50 1.54

ROCO:4207 vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Taiw Fructose 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.


Taiw Fructose Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taiw Fructose Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:4207
78GF Score
Taiw Fructose Co Ltd ROCO:4207
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiw Fructose 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.95/12.62
=1.66

* 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.

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

For example, Taiw Fructose 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)
=14.211/330.2130*330.2130
=14.211

Current CPI (Mar. 2026) = 330.2130.

Taiw Fructose Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.975 241.018 10.926
201609 7.871 241.428 10.766
201612 8.607 241.432 11.772
201703 8.643 243.801 11.706
201706 8.862 244.955 11.946
201709 9.283 246.819 12.419
201712 9.471 246.524 12.686
201803 9.609 249.554 12.715
201806 9.150 251.989 11.990
201809 9.440 252.439 12.348
201812 9.516 251.233 12.508
201903 9.749 254.202 12.664
201906 9.715 256.143 12.524
201909 9.705 256.759 12.481
201912 9.725 256.974 12.497
202003 9.641 258.115 12.334
202006 9.648 257.797 12.358
202009 9.848 260.280 12.494
202012 10.023 260.474 12.707
202103 10.113 264.877 12.608
202106 9.568 271.696 11.629
202109 9.447 274.310 11.372
202112 10.621 278.802 12.580
202203 10.780 287.504 12.381
202206 10.785 296.311 12.019
202209 11.028 296.808 12.269
202212 11.363 296.797 12.642
202303 11.414 301.836 12.487
202306 11.578 305.109 12.531
202309 11.971 307.789 12.843
202312 12.190 306.746 13.123
202403 12.137 312.332 12.832
202406 12.506 314.175 13.144
202409 13.636 315.301 14.281
202412 13.667 315.605 14.300
202503 13.195 319.799 13.625
202506 12.804 322.561 13.108
202509 13.701 324.800 13.929
202512 14.830 324.054 15.112
202603 14.211 330.213 14.211

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 1.66 mean?
Taiw Fructose Co (ROCO:4207) has a Cyclically Adjusted PB Ratio of 1.66 as of Aug. 16, 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 Taiw Fructose Co and its competitors. This is 39% above median its historical median of 1.19. Over the past decade, Taiw Fructose Co's Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.66. According to the industry distribution chart, Taiw Fructose Co ranks #821 out of 1386 companies in the Consumer Packaged Goods industry, placing it in the top 59.2%.
Is Taiw Fructose Co's Cyclically Adjusted PB Ratio too high?
Taiw Fructose Co's current Cyclically Adjusted PB Ratio of 1.66 is 39% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.66. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.28. Taiw Fructose Co's value of 1.66 is 29.7% above this industry median. Based on the distribution chart, Taiw Fructose Co ranks #821 out of 1386 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Taiw Fructose Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiw Fructose Co's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Taiw Fructose Co ranks #821 out of 1386 companies for Cyclically Adjusted PB Ratio. This places Taiw Fructose Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Taiw Fructose Co's value of 1.66 is 29.7% above this benchmark. Historically, Taiw Fructose Co's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.66 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.28, Taiw Fructose 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.28, based on 1,386 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. Taiw Fructose Co's current Cyclically Adjusted PB Ratio of 1.66 is 29.7% 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 Taiw Fructose Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiw Fructose Co's current Cyclically Adjusted PB Ratio is 1.66, which is 39% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiw Fructose Co stock overvalued right now?
Based on GuruFocus' analysis, Taiw Fructose Co (ROCO:4207) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.82, compared to a current price of NT$20.95 — trading 32.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.66, which is 39% above median its 10-year median of 1.19 and 29.7% above the Consumer Packaged Goods industry median of 1.28. Taiw Fructose Co's overall GF Score™ is 78/100 with 5 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 Taiw Fructose Co (ROCO:4207), the current Cyclically Adjusted PB Ratio is 1.66 as of Aug. 16, 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 Taiw Fructose Co (ROCO:4207) Overvalued in 2026?

Based on GuruFocus' analysis, Taiw Fructose Co stock appears to be overvalued. The current stock price of NT$20.95 is trading 32.4% above its estimated GF Value™ of NT$15.82. GuruFocus considers Taiw Fructose Co to be Significantly Overvalued.

Key valuation signals for ROCO:4207:

  • Cyclically Adjusted PB Ratio: 1.66 (39% above median its 10-year median of 1.19)
  • GF Value™: NT$15.82 vs. price of NT$20.95 (32.4% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 29.7% above the Consumer Packaged Goods median (#821 of 1386)

No single metric tells the full story. See the ROCO:4207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiw Fructose Co Business Description

Address No.265, Nankan Road, 5th Floor, Luzhu District, Taoyuan, TWN
Taiw Fructose Co Ltd is a Taiwan-based company engaged in the processing and manufacturing of fructose, maltose, glucose, starch, as well as the trading of tinplate. Its main products include Fructose, maltose, isomaltoligosaccharide, maltodextrin, and functional oligosaccharides. These products are marketed and supplied to beverage, juice, and ice cream factories in China. The company's segments include the Fructose segment and the Tinplate segment. The majority of revenue is derived from the Fructose segment.
78GF Score

Get the complete analysis for ROCO:4207

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

NT$20.95
Price
NT$15.82
GF Value