Sumwon Development Co (ROCO:4416) Cyclically Adjusted PB Ratio: 0.41 (As of Aug. 19, 2026) — 82% Below Median

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ROCO:4416 Sumwon Development Co Ltd ROCO:4416
14 GF Score
Price NT$12.35
! 5 Warning Signs
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What is Sumwon Development Co Cyclically Adjusted PB Ratio?

Sumwon Development Co ROCO:4416 +9.87% 14 Cyclically Adjusted PB Ratio is 0.41 as of Aug. 19, 2026, which is 82% below its 10-year median of 2.28. GuruFocus rates ROCO:4416 with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 1,385 Real Estate companies, Sumwon Development Co ranks better than 70.32% on this metric.

As of today (2026-08-19), Sumwon Development Co's current share price is NT$12.35. Sumwon Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$30.16. Sumwon Development Co's Cyclically Adjusted PB Ratio for today is 0.41.

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

ROCO:4416' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 2.28   Max: 3.15
Current: 0.36

During the past years, Sumwon Development Co's highest Cyclically Adjusted PB Ratio was 3.15. The lowest was 0.33. And the median was 2.28.

ROCO:4416's Cyclically Adjusted PB Ratio is ranked better than
70.32% of 1385 companies
in the Real Estate industry
Industry Median: 0.68 vs ROCO:4416: 0.36

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.

Sumwon Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$23.107. 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$30.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumwon Development Co  (ROCO:4416) 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.


Sumwon Development Co Cyclically Adjusted PB Ratio Related Terms


Sumwon Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sumwon Development 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.

Sumwon Development Co Cyclically Adjusted PB Ratio Chart

Sumwon Development 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 3.07 2.08 2.43 2.38 1.00

Sumwon Development 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 2.29 1.98 1.88 1.00 0.45

ROCO:4416 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Sumwon Development 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.


Sumwon Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumwon Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:4416
14GF Score
Sumwon Development Co Ltd ROCO:4416
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumwon Development 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.

Sumwon Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.35/30.16
=0.41

* 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.

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

For example, Sumwon Development 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)
=23.107/330.2130*330.2130
=23.107

Current CPI (Mar. 2026) = 330.2130.

Sumwon Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.056 241.018 41.179
201609 29.573 241.428 40.448
201612 30.649 241.432 41.919
201703 30.373 243.801 41.138
201706 28.311 244.955 38.165
201709 28.212 246.819 37.744
201712 28.256 246.524 37.848
201803 27.257 249.554 36.067
201806 25.403 251.989 33.289
201809 24.518 252.439 32.072
201812 24.500 251.233 32.202
201903 24.106 254.202 31.314
201906 21.897 256.143 28.229
201909 21.314 256.759 27.412
201912 20.684 256.974 26.579
202003 19.902 258.115 25.461
202006 18.673 257.797 23.918
202009 18.088 260.280 22.948
202012 17.930 260.474 22.731
202103 17.936 264.877 22.360
202106 17.237 271.696 20.949
202109 35.069 274.310 42.216
202112 33.854 278.802 40.097
202203 33.163 287.504 38.089
202206 28.376 296.311 31.623
202209 26.841 296.808 29.862
202212 25.806 296.797 28.711
202303 25.754 301.836 28.175
202306 24.516 305.109 26.533
202309 24.288 307.789 26.058
202312 24.432 306.746 26.301
202403 24.830 312.332 26.252
202406 24.726 314.175 25.988
202409 25.050 315.301 26.235
202412 25.255 315.605 26.424
202503 23.970 319.799 24.751
202506 24.569 322.561 25.152
202509 22.674 324.800 23.052
202512 23.401 324.054 23.846
202603 23.107 330.213 23.107

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 0.41 mean?
Sumwon Development Co (ROCO:4416) has a Cyclically Adjusted PB Ratio of 0.41 as of Aug. 19, 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 Sumwon Development Co and its competitors. This is 82% below median its historical median of 2.28. Over the past decade, Sumwon Development Co's Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.15. According to the industry distribution chart, Sumwon Development Co ranks #411 out of 1385 companies in the Real Estate industry, placing it in the top 29.7%.
Is Sumwon Development Co's Cyclically Adjusted PB Ratio too high?
Sumwon Development Co's current Cyclically Adjusted PB Ratio of 0.41 is 82% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 3.15. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Sumwon Development Co's value of 0.41 is 39.7% below this industry median. Based on the distribution chart, Sumwon Development Co ranks #411 out of 1385 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sumwon Development Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Sumwon Development Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sumwon Development Co ranks #411 out of 1385 companies for Cyclically Adjusted PB Ratio. This puts Sumwon Development Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Sumwon Development Co's value of 0.41 is 39.7% below this benchmark. Historically, Sumwon Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.15 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 0.68, Sumwon Development 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.68, based on 1,385 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. Sumwon Development Co's current Cyclically Adjusted PB Ratio of 0.41 is 39.7% 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 Sumwon Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumwon Development Co's current Cyclically Adjusted PB Ratio is 0.41, which is 82% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumwon Development Co stock overvalued right now?
Sumwon Development Co (ROCO:4416) has a current Cyclically Adjusted PB Ratio of 0.41. The current Cyclically Adjusted PB Ratio is 0.41, which is 82% below median its 10-year median of 2.28 and 39.7% below the Real Estate industry median of 0.68. Sumwon Development Co's overall GF Score™ is 14/100 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 Sumwon Development Co (ROCO:4416), the current Cyclically Adjusted PB Ratio is 0.41 as of Aug. 19, 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.

Sumwon Development Co Business Description

Address No. 96, Section 2, Nanjing East Road, 8th Floor, National Financial Plaza, Taipei, TWN
Sumwon Development Co Ltd Formerly Shanyuan Co Ltd is engaged in the development, construction, and leasing of commercial, residential and industrial buildings, as well as the distribution of building materials. It also provides interior decoration design, engineering contract and import and export of decorative materials. The company's main business items have been entrusting construction factories to build commercial buildings, renting and selling national residences, and trading of related decoration materials.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$12.35
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