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Hsin-Li Chemical IndustrialROCO:4303 +2.40%63 Cyclically Adjusted PB Ratio is 2.88 as of Aug. 22, 2026, which is 67% above its 10-year median of 1.72. GuruFocus rates ROCO:4303 with a GF Score™ of 63/100 and a GF Value™ of NT$118.09 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 770 Manufacturing - Apparel & Accessories companies, Hsin-Li Chemical Industrial ranks worse than 81.04% on this metric.
The historical rank and industry rank for Hsin-Li Chemical Industrial's Cyclically Adjusted PB Ratio or its related term are showing as below:
ROCO:4303'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99 Med: 1.72 Max: 5.27
Current: 2.88
During the past years, Hsin-Li Chemical Industrial's highest Cyclically Adjusted PB Ratio was 5.27. The lowest was 0.99. And the median was 1.72.
ROCO:4303's Cyclically Adjusted PB Ratio is ranked worse than 81.04% of 770
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95
vs ROCO:4303: 2.88
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.
Hsin-Li Chemical Industrial's adjusted book value per share data for the three months ended in Mar. 2026 was NT$35.430. 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$17.77 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Hsin-Li Chemical Industrial (ROCO:4303) 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.
Hsin-Li Chemical Industrial Cyclically Adjusted PB Ratio Related Terms
Hsin-Li Chemical Industrial Cyclically Adjusted PB Ratio Historical Data
* 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.
Hsin-Li Chemical Industrial Cyclically Adjusted PB Ratio Chart
ROCO:4303 vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison
For the Footwear & Accessories subindustry, Hsin-Li Chemical 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.
Hsin-Li Chemical Industrial Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hsin-Li Chemical Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Hsin-Li Chemical Industrial's Cyclically Adjusted PB Ratio falls into.
Hsin-Li Chemical 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 2.88 mean?
Hsin-Li Chemical Industrial (ROCO:4303) has a Cyclically Adjusted PB Ratio of 2.88 as of Aug. 22, 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 Hsin-Li Chemical Industrial and its competitors. This is 67% above median its historical median of 1.72. Over the past decade, Hsin-Li Chemical Industrial's Cyclically Adjusted PB Ratio has ranged from 0.99 to 5.27. According to the industry distribution chart, Hsin-Li Chemical Industrial ranks #624 out of 770 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81%.
Is Hsin-Li Chemical Industrial's Cyclically Adjusted PB Ratio too high?
Hsin-Li Chemical Industrial's current Cyclically Adjusted PB Ratio of 2.88 is 67% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 5.27. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Hsin-Li Chemical Industrial's value of 2.88 is 203.2% above this industry median. Based on the distribution chart, Hsin-Li Chemical Industrial ranks #624 out of 770 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Hsin-Li Chemical Industrial has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hsin-Li Chemical Industrial's Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hsin-Li Chemical Industrial ranks #624 out of 770 companies for Cyclically Adjusted PB Ratio. This places Hsin-Li Chemical Industrial in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Hsin-Li Chemical Industrial's value of 2.88 is 203.2% above this benchmark. Historically, Hsin-Li Chemical Industrial's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 5.27 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 0.95, Hsin-Li Chemical Industrial 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 770 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. Hsin-Li Chemical Industrial's current Cyclically Adjusted PB Ratio of 2.88 is 203.2% 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 Hsin-Li Chemical Industrial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin-Li Chemical Industrial's current Cyclically Adjusted PB Ratio is 2.88, which is 67% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin-Li Chemical Industrial stock overvalued right now?
Based on GuruFocus' analysis, Hsin-Li Chemical Industrial (ROCO:4303) is currently considered Possible Value Trap. The stock's GF Value™ is NT$118.09, compared to a current price of NT$51.20 — trading 56.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.88, which is 67% above median its 10-year median of 1.72 and 203.2% above the Manufacturing - Apparel & Accessories industry median of 0.95. Hsin-Li Chemical Industrial's overall GF Score™ is 63/100 with 3 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 Hsin-Li Chemical Industrial (ROCO:4303), the current Cyclically Adjusted PB Ratio is 2.88 as of Aug. 22, 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 Hsin-Li Chemical Industrial (ROCO:4303) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin-Li Chemical Industrial stock appears to be undervalued.
The current stock price of NT$51.20 is trading 56.6% below its estimated GF Value™ of NT$118.09.
GuruFocus considers Hsin-Li Chemical Industrial to be Possible Value Trap.
Key valuation signals for ROCO:4303:
Cyclically Adjusted PB Ratio: 2.88 (67% above median its 10-year median of 1.72)
GF Value™: NT$118.09 vs. price of NT$51.20 (56.6% below fair value)
Industry Position: 203.2% above the Manufacturing - Apparel & Accessories median (#624 of 770)
No single metric tells the full story. See the ROCO:4303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin-Li Chemical Industrial Corp mainly engages in the manufacturing and trading of synthetic leather and plastic leather products. Its business activities include production and manufacturing of various synthetic leathers, product scheduling and inventory management, maintenance of factory equipment, new product development and research, quality inspection and improvement. Its PVC products include PVC simulated leather, PVC pearlescent leather (paper texture), PVC furniture leather, PVC non-slip leather, PVC leather (printed), PVC leather (embossed), and PVC leather (paper texture + embossing). Its PU products include Dry PU, Wet-process PU products (non-slip leather), PU + TPU, PU film printing, and PU waterproof and breathable membrane. Taiwan generates the maximum revenue.
63GF Score
Get the complete analysis for ROCO:4303
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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