Chaheng Precision Co (ROCO:4546) Cyclically Adjusted PB Ratio: 1.43 (As of Aug. 22, 2026) — 25% Below Median

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ROCO:4546 Chaheng Precision Co Ltd ROCO:4546
60 GF Score
Price NT$65.30
GF Value NT$178.52
Valuation Possible Value Trap
! 2 Warning Signs
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What is Chaheng Precision Co Cyclically Adjusted PB Ratio?

Chaheng Precision Co ROCO:4546 +0.93% 60 Cyclically Adjusted PB Ratio is 1.43 as of Aug. 22, 2026, which is 25% below its 10-year median of 1.91. GuruFocus rates ROCO:4546 with a GF Score™ of 60/100 and a GF Value™ of NT$178.52 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 205 Aerospace & Defense companies, Chaheng Precision Co ranks better than 79.51% on this metric.

As of today (2026-08-22), Chaheng Precision Co's current share price is NT$65.30. Chaheng Precision Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$45.75. Chaheng Precision Co's Cyclically Adjusted PB Ratio for today is 1.43.

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

ROCO:4546' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.91   Max: 3.33
Current: 1.43

During the past 13 years, Chaheng Precision Co's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 0.92. And the median was 1.91.

ROCO:4546's Cyclically Adjusted PB Ratio is ranked better than
79.51% of 205 companies
in the Aerospace & Defense industry
Industry Median: 3.47 vs ROCO:4546: 1.43

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.

Chaheng Precision Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$42.153. 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$45.75 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chaheng Precision Co  (ROCO:4546) 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.


Chaheng Precision Co Cyclically Adjusted PB Ratio Related Terms


Chaheng Precision Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chaheng Precision 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.

Chaheng Precision Co Cyclically Adjusted PB Ratio Chart

Chaheng Precision 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 1.43 1.56 1.99 1.98 3.11

Chaheng Precision Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.99 0.00 1.98 0.00 3.11

ROCO:4546 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Chaheng Precision 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.


Chaheng Precision Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chaheng Precision Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:4546
60GF Score
Chaheng Precision Co Ltd ROCO:4546
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chaheng Precision 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.

Chaheng Precision Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.30/45.75
=1.43

* 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.

Chaheng Precision Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Chaheng Precision Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=42.153/324.0540*324.0540
=42.153

Current CPI (Dec25) = 324.0540.

Chaheng Precision Co Annual Data

Book Value per Share CPI Adj_Book
201612 44.085 241.432 59.172
201712 40.824 246.524 53.663
201812 45.000 251.233 58.043
201912 45.413 256.974 57.268
202012 35.401 260.474 44.042
202112 30.459 278.802 35.403
202212 31.139 296.797 33.999
202312 34.228 306.746 36.159
202412 36.650 315.605 37.631
202512 42.153 324.054 42.153

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 1.43 mean?
Chaheng Precision Co (ROCO:4546) has a Cyclically Adjusted PB Ratio of 1.43 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 Chaheng Precision Co and its competitors. This is 25% below median its historical median of 1.91. Over the past decade, Chaheng Precision Co's Cyclically Adjusted PB Ratio has ranged from 0.92 to 3.33. According to the industry distribution chart, Chaheng Precision Co ranks #42 out of 205 companies in the Aerospace & Defense industry, placing it in the top 20.5%.
Is Chaheng Precision Co's Cyclically Adjusted PB Ratio too high?
Chaheng Precision Co's current Cyclically Adjusted PB Ratio of 1.43 is 25% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 3.33. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.47. Chaheng Precision Co's value of 1.43 is 58.8% below this industry median. Based on the distribution chart, Chaheng Precision Co ranks #42 out of 205 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Chaheng Precision Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaheng Precision Co's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Chaheng Precision Co ranks #42 out of 205 companies for Cyclically Adjusted PB Ratio. This places Chaheng Precision Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.47. Chaheng Precision Co's value of 1.43 is 58.8% below this benchmark. Historically, Chaheng Precision Co's own Cyclically Adjusted PB Ratio has ranged from 0.92 to 3.33 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 3.47, Chaheng Precision 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.47, based on 205 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. Chaheng Precision Co's current Cyclically Adjusted PB Ratio of 1.43 is 58.8% 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 Chaheng Precision Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chaheng Precision Co's current Cyclically Adjusted PB Ratio is 1.43, which is 25% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaheng Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Chaheng Precision Co (ROCO:4546) is currently considered Possible Value Trap. The stock's GF Value™ is NT$178.52, compared to a current price of NT$65.30 — trading 63.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.43, which is 25% below median its 10-year median of 1.91 and 58.8% below the Aerospace & Defense industry median of 3.47. Chaheng Precision Co's overall GF Score™ is 60/100 with 2 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 Chaheng Precision Co (ROCO:4546), the current Cyclically Adjusted PB Ratio is 1.43 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 Chaheng Precision Co (ROCO:4546) Overvalued in 2026?

Based on GuruFocus' analysis, Chaheng Precision Co stock appears to be undervalued. The current stock price of NT$65.30 is trading 63.4% below its estimated GF Value™ of NT$178.52. GuruFocus considers Chaheng Precision Co to be Possible Value Trap.

Key valuation signals for ROCO:4546:

  • Cyclically Adjusted PB Ratio: 1.43 (25% below median its 10-year median of 1.91)
  • GF Value™: NT$178.52 vs. price of NT$65.30 (63.4% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 58.8% below the Aerospace & Defense median (#42 of 205)

No single metric tells the full story. See the ROCO:4546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chaheng Precision Co Business Description

Address No.9, Luke 10th Road, Luzhu District, Kaohsiung, TWN, 821
Chaheng Precision Co Ltd is a Taiwan-based manufacturer of aero engine components. Its products include precision equipment, airplane engines, Aero-engine Fan Blades, Aero-engine compressors, OGV diffusers, Aero-engine combustors, and other Products.
60GF Score

Get the complete analysis for ROCO:4546

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

NT$65.30
Price
NT$178.52
GF Value