Gold Rain Enterprises (ROCO:4503) Cyclically Adjusted PB Ratio: 1.70 (As of Aug. 16, 2026) — 42% Below Median

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ROCO:4503 Gold Rain Enterprises Corp ROCO:4503
62 GF Score
Price NT$26.15
GF Value NT$93.88
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Gold Rain Enterprises Cyclically Adjusted PB Ratio?

Gold Rain Enterprises ROCO:4503 -9.36% 62 Cyclically Adjusted PB Ratio is 1.70 as of Aug. 16, 2026, which is 42% below its 10-year median of 2.93. GuruFocus rates ROCO:4503 with a GF Score™ of 62/100 and a GF Value™ of NT$93.88 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,203 Industrial Products companies, Gold Rain Enterprises ranks better than 59.65% on this metric.

As of today (2026-08-16), Gold Rain Enterprises's current share price is NT$26.15. Gold Rain Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$15.41. Gold Rain Enterprises's Cyclically Adjusted PB Ratio for today is 1.70.

The historical rank and industry rank for Gold Rain Enterprises's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:4503' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.93   Max: 5.93
Current: 1.7

During the past years, Gold Rain Enterprises's highest Cyclically Adjusted PB Ratio was 5.93. The lowest was 1.32. And the median was 2.93.

ROCO:4503's Cyclically Adjusted PB Ratio is ranked better than
59.65% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs ROCO:4503: 1.70

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.

Gold Rain Enterprises's adjusted book value per share data for the three months ended in Mar. 2026 was NT$21.412. 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$15.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Rain Enterprises  (ROCO:4503) 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.


Gold Rain Enterprises Cyclically Adjusted PB Ratio Related Terms


Gold Rain Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gold Rain Enterprises'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.

Gold Rain Enterprises Cyclically Adjusted PB Ratio Chart

Gold Rain Enterprises 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 2.78 3.30 4.01 3.65 2.70

Gold Rain Enterprises 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 3.58 3.57 3.69 2.70 2.47

Gold Rain Enterprises Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Gold Rain Enterprises'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.


Gold Rain Enterprises Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gold Rain Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gold Rain Enterprises's Cyclically Adjusted PB Ratio falls into.


ROCO:4503
62GF Score
Gold Rain Enterprises Corp ROCO:4503
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Rain Enterprises 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.

Gold Rain Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.15/15.41
=1.70

* 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.

Gold Rain Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Gold Rain Enterprises'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)
=21.412/330.2130*330.2130
=21.412

Current CPI (Mar. 2026) = 330.2130.

Gold Rain Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.928 241.018 10.862
201609 7.927 241.428 10.842
201612 7.948 241.432 10.871
201703 10.463 243.801 14.171
201706 10.802 244.955 14.562
201709 11.146 246.819 14.912
201712 11.243 246.524 15.060
201803 11.380 249.554 15.058
201806 11.812 251.989 15.479
201809 11.934 252.439 15.611
201812 12.188 251.233 16.020
201903 12.435 254.202 16.153
201906 12.141 256.143 15.652
201909 12.237 256.759 15.738
201912 12.245 256.974 15.735
202003 12.356 258.115 15.807
202006 12.407 257.797 15.892
202009 12.080 260.280 15.326
202012 11.806 260.474 14.967
202103 11.696 264.877 14.581
202106 11.428 271.696 13.889
202109 11.220 274.310 13.507
202112 10.910 278.802 12.922
202203 10.671 287.504 12.256
202206 12.099 296.311 13.483
202209 12.143 296.808 13.510
202212 11.921 296.797 13.263
202303 14.875 301.836 16.273
202306 14.651 305.109 15.856
202309 14.554 307.789 15.614
202312 13.973 306.746 15.042
202403 13.772 312.332 14.560
202406 13.748 314.175 14.450
202409 15.580 315.301 16.317
202412 19.246 315.605 20.137
202503 19.274 319.799 19.902
202506 19.009 322.561 19.460
202509 19.942 324.800 20.274
202512 20.577 324.054 20.968
202603 21.412 330.213 21.412

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 1.70 mean?
Gold Rain Enterprises (ROCO:4503) has a Cyclically Adjusted PB Ratio of 1.70 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 Gold Rain Enterprises and its competitors. This is 42% below median its historical median of 2.93. Over the past decade, Gold Rain Enterprises' Cyclically Adjusted PB Ratio has ranged from 1.32 to 5.93. According to the industry distribution chart, Gold Rain Enterprises ranks #889 out of 2203 companies in the Industrial Products industry, placing it in the top 40.4%.
Is Gold Rain Enterprises' Cyclically Adjusted PB Ratio too high?
Gold Rain Enterprises' current Cyclically Adjusted PB Ratio of 1.70 is 42% below median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 5.93. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Gold Rain Enterprises' value of 1.70 is 22% below this industry median. Based on the distribution chart, Gold Rain Enterprises ranks #889 out of 2203 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Gold Rain Enterprises has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gold Rain Enterprises' Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Gold Rain Enterprises ranks #889 out of 2203 companies for Cyclically Adjusted PB Ratio. This puts Gold Rain Enterprises in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Gold Rain Enterprises' value of 1.70 is 22% below this benchmark. Historically, Gold Rain Enterprises' own Cyclically Adjusted PB Ratio has ranged from 1.32 to 5.93 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 2.18, Gold Rain Enterprises 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.18, based on 2,203 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. Gold Rain Enterprises's current Cyclically Adjusted PB Ratio of 1.70 is 22% 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 Gold Rain Enterprises and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Rain Enterprises's current Cyclically Adjusted PB Ratio is 1.70, which is 42% below median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Rain Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Gold Rain Enterprises (ROCO:4503) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$93.88, compared to a current price of NT$26.15 — trading 72.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.70, which is 42% below median its 10-year median of 2.93 and 22% below the Industrial Products industry median of 2.18. Gold Rain Enterprises' overall GF Score™ is 62/100 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 Gold Rain Enterprises (ROCO:4503), the current Cyclically Adjusted PB Ratio is 1.70 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 Gold Rain Enterprises (ROCO:4503) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Rain Enterprises stock appears to be undervalued. The current stock price of NT$26.15 is trading 72.1% below its estimated GF Value™ of NT$93.88. GuruFocus considers Gold Rain Enterprises to be Significantly Undervalued.

Key valuation signals for ROCO:4503:

  • Cyclically Adjusted PB Ratio: 1.70 (42% below median its 10-year median of 2.93)
  • GF Value™: NT$93.88 vs. price of NT$26.15 (72.1% below fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 22% below the Industrial Products median (#889 of 2203)

No single metric tells the full story. See the ROCO:4503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gold Rain Enterprises Business Description

Address Lane 411, Punei Street, No. 101, Yanhe Village, Changhua County, Changhua, TWN, 500024
Gold Rain Enterprises Corp is a Taiwan-based manufacturer of vending machines. It offers various service machines comprising digital vending machines, post machines, digital photo printers, knocking gamers, lottery machines, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with full production line tools, such as various types of molds, punching beds, laser cutting, painting, welding, and assembly lines. Geographically, the company generates maximum revenue from Taiwan and the rest from other parts of Asia.
62GF Score

Get the complete analysis for ROCO:4503

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

NT$26.15
Price
NT$93.88
GF Value