King Chou Marine Technology Co (ROCO:4417) Cyclically Adjusted PB Ratio: 1.31 (As of Aug. 21, 2026) — Near Median

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ROCO:4417 King Chou Marine Technology Co Ltd ROCO:4417
77 GF Score
Price NT$46.85
GF Value NT$46.80
Valuation Fairly Valued
! 1 Warning Sign
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What is King Chou Marine Technology Co Cyclically Adjusted PB Ratio?

King Chou Marine Technology Co ROCO:4417 -0.95% 77 Cyclically Adjusted PB Ratio is 1.31 as of Aug. 21, 2026, which is 2% below its 10-year median of 1.34. GuruFocus rates ROCO:4417 with a GF Score™ of 77/100 and a GF Value™ of NT$46.80 (Fairly Valued). The stock has 1 warning sign investors should review. Among 770 Manufacturing - Apparel & Accessories companies, King Chou Marine Technology Co ranks worse than 62.21% on this metric.

As of today (2026-08-21), King Chou Marine Technology Co's current share price is NT$46.85. King Chou Marine Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$35.66. King Chou Marine Technology Co's Cyclically Adjusted PB Ratio for today is 1.31.

The historical rank and industry rank for King Chou Marine Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:4417' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.34   Max: 1.65
Current: 1.33

During the past years, King Chou Marine Technology Co's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 1.15. And the median was 1.34.

ROCO:4417's Cyclically Adjusted PB Ratio is ranked worse than
62.21% of 770 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs ROCO:4417: 1.33

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.

King Chou Marine Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$37.694. 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$35.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Chou Marine Technology Co  (ROCO:4417) 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.


King Chou Marine Technology Co Cyclically Adjusted PB Ratio Related Terms


King Chou Marine Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for King Chou Marine Technology 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.

King Chou Marine Technology Co Cyclically Adjusted PB Ratio Chart

King Chou Marine Technology 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 1.31 1.32 1.25 1.24 1.55

King Chou Marine Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 1.41 1.45 1.55 1.43 1.34

King Chou Marine Technology Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, King Chou Marine Technology 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.


King Chou Marine Technology Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, King Chou Marine Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where King Chou Marine Technology Co's Cyclically Adjusted PB Ratio falls into.


ROCO:4417
77GF Score
King Chou Marine Technology Co Ltd ROCO:4417
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King Chou Marine Technology 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.

King Chou Marine Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.85/35.66
=1.31

* 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.

King Chou Marine Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, King Chou Marine Technology Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=37.694/333.9520*333.9520
=37.694

Current CPI (Jun. 2026) = 333.9520.

King Chou Marine Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.958 241.428 33.140
201612 24.786 241.432 34.284
201703 24.300 243.801 33.285
201706 23.204 244.955 31.634
201709 23.751 246.819 32.136
201712 24.489 246.524 33.174
201803 25.058 249.554 33.532
201806 25.023 251.989 33.162
201809 25.795 252.439 34.124
201812 27.074 251.233 35.988
201903 28.163 254.202 36.998
201906 26.649 256.143 34.744
201909 27.337 256.759 35.556
201912 27.779 256.974 36.100
202003 27.712 258.115 35.854
202006 26.607 257.797 34.467
202009 28.197 260.280 36.178
202012 28.895 260.474 37.046
202103 29.930 264.877 37.735
202106 30.800 271.696 37.857
202109 28.840 274.310 35.111
202112 29.284 278.802 35.077
202203 30.471 287.504 35.394
202206 29.602 296.311 33.362
202209 31.737 296.808 35.709
202212 32.656 296.797 36.744
202303 33.513 301.836 37.079
202306 31.473 305.109 34.448
202309 33.009 307.789 35.815
202312 32.963 306.746 35.887
202403 34.121 312.332 36.483
202406 33.306 314.175 35.403
202409 34.642 315.301 36.691
202412 36.304 315.605 38.414
202503 37.727 319.799 39.397
202506 33.215 322.561 34.388
202509 35.611 324.800 36.614
202512 38.255 324.054 39.423
202603 39.729 330.213 40.179
202606 37.694 333.952 37.694

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 1.31 mean?
King Chou Marine Technology Co (ROCO:4417) has a Cyclically Adjusted PB Ratio of 1.31 as of Aug. 21, 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 King Chou Marine Technology Co and its competitors. This is near median its historical median of 1.34. Over the past decade, King Chou Marine Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.15 to 1.65. According to the industry distribution chart, King Chou Marine Technology Co ranks #479 out of 770 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62.2%.
Is King Chou Marine Technology Co's Cyclically Adjusted PB Ratio too high?
King Chou Marine Technology Co's current Cyclically Adjusted PB Ratio of 1.31 is near median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 1.65. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. King Chou Marine Technology Co's value of 1.31 is 37.9% above this industry median. Based on the distribution chart, King Chou Marine Technology Co ranks #479 out of 770 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, King Chou Marine Technology Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does King Chou Marine Technology Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, King Chou Marine Technology Co ranks #479 out of 770 companies for Cyclically Adjusted PB Ratio. This places King Chou Marine Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. King Chou Marine Technology Co's value of 1.31 is 37.9% above this benchmark. Historically, King Chou Marine Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.15 to 1.65 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.95, King Chou Marine Technology 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 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. King Chou Marine Technology Co's current Cyclically Adjusted PB Ratio of 1.31 is 37.9% 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 King Chou Marine Technology Co 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. King Chou Marine Technology Co's current Cyclically Adjusted PB Ratio is 1.31, which is near median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Chou Marine Technology Co stock overvalued right now?
Based on GuruFocus' analysis, King Chou Marine Technology Co (ROCO:4417) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.80, compared to a current price of NT$46.85 — trading 0.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.31, which is near median its 10-year median of 1.34 and 37.9% above the Manufacturing - Apparel & Accessories industry median of 0.95. King Chou Marine Technology Co's overall GF Score™ is 77/100 with 1 warning sign 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 King Chou Marine Technology Co (ROCO:4417), the current Cyclically Adjusted PB Ratio is 1.31 as of Aug. 21, 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 King Chou Marine Technology Co (ROCO:4417) Overvalued in 2026?

Based on GuruFocus' analysis, King Chou Marine Technology Co stock appears to be overvalued. The current stock price of NT$46.85 is trading 0.1% above its estimated GF Value™ of NT$46.80. GuruFocus considers King Chou Marine Technology Co to be Fairly Valued.

Key valuation signals for ROCO:4417:

  • Cyclically Adjusted PB Ratio: 1.31 (near median its 10-year median of 1.34)
  • GF Value™: NT$46.80 vs. price of NT$46.85 (0.1% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 37.9% above the Manufacturing - Apparel & Accessories median (#479 of 770)

No single metric tells the full story. See the ROCO:4417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Chou Marine Technology Co Business Description

Address No. 12, Hsingan Road, Hsinyuan Township, Kanghsi Village, Pingtung, TWN, 806
King Chou Marine Technology Co Ltd engages in the manufacturing, processing, domestic/export sales and export/import trade of a variety of fishing nets, twines and ropes. Its products include Nylon Twisted Net, Nylon Braided Net, Polyester Twisted Net, Polyster Braided Net, PE Twisted Net, Nylon Monofilament Net ( Regular and Flat type ), Nylon Multi-Mono Net, PE Braided Net, Nylon Raschel Knotless Net, Polyester Raschel Knotless Net, Nylon Super-Knot Knotless Net, PE Raschel Knotless Net, KK Raschel Knotless Net, and KK Braided Net. Its segments include King Chou, Kunshan King Chou, Vietnam King ChouIndonesia King Da, and Others.
77GF Score

Get the complete analysis for ROCO:4417

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

NT$46.85
Price
NT$46.80
GF Value