Mechema Chemicals International (ROCO:4721) Cyclically Adjusted PB Ratio: 3.83 (As of Aug. 31, 2026) — Near Median

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ROCO:4721 Mechema Chemicals International Corp ROCO:4721
74 GF Score
Price NT$74.80
GF Value NT$86.86
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mechema Chemicals International Cyclically Adjusted PB Ratio?

Mechema Chemicals International ROCO:4721 -0.27% 74 Cyclically Adjusted PB Ratio is 3.83 as of Aug. 31, 2026, which is 9% below its 10-year median of 4.23. GuruFocus rates ROCO:4721 with a GF Score™ of 74/100 and a GF Value™ of NT$86.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,095 Chemicals companies, Mechema Chemicals International ranks worse than 78.26% on this metric.

As of today (2026-08-31), Mechema Chemicals International's current share price is NT$74.80. Mechema Chemicals International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$19.55. Mechema Chemicals International's Cyclically Adjusted PB Ratio for today is 3.83.

The historical rank and industry rank for Mechema Chemicals International's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:4721' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.17   Med: 4.23   Max: 10.23
Current: 3.83

During the past years, Mechema Chemicals International's highest Cyclically Adjusted PB Ratio was 10.23. The lowest was 2.17. And the median was 4.23.

ROCO:4721's Cyclically Adjusted PB Ratio is ranked worse than
78.26% of 1095 companies
in the Chemicals industry
Industry Median: 1.69 vs ROCO:4721: 3.83

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.

Mechema Chemicals International's adjusted book value per share data for the three months ended in Jun. 2026 was NT$19.295. 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$19.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mechema Chemicals International  (ROCO:4721) 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.


Mechema Chemicals International Cyclically Adjusted PB Ratio Related Terms


Mechema Chemicals International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mechema Chemicals International'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.

Mechema Chemicals International Cyclically Adjusted PB Ratio Chart

Mechema Chemicals International 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 9.29 5.37 4.71 3.56 3.57

Mechema Chemicals International 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 3.58 3.84 3.57 3.65 4.72

ROCO:4721 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Mechema Chemicals International'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.


Mechema Chemicals International Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mechema Chemicals International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mechema Chemicals International's Cyclically Adjusted PB Ratio falls into.


ROCO:4721
74GF Score
Mechema Chemicals International Corp ROCO:4721
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mechema Chemicals International 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.

Mechema Chemicals International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.80/19.55
=3.83

* 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.

Mechema Chemicals International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Mechema Chemicals International'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)
=19.295/333.9520*333.9520
=19.295

Current CPI (Jun. 2026) = 333.9520.

Mechema Chemicals International Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.194 241.428 19.634
201612 14.649 241.432 20.263
201703 14.498 243.801 19.859
201706 14.253 244.955 19.431
201709 15.117 246.819 20.454
201712 15.768 246.524 21.360
201803 16.393 249.554 21.937
201806 15.279 251.989 20.249
201809 15.956 252.439 21.108
201812 16.481 251.233 21.907
201903 17.176 254.202 22.565
201906 15.146 256.143 19.747
201909 15.843 256.759 20.606
201912 16.415 256.974 21.332
202003 16.378 258.115 21.190
202006 14.439 257.797 18.704
202009 14.962 260.280 19.197
202012 15.530 260.474 19.911
202103 16.011 264.877 20.186
202106 16.990 271.696 20.883
202109 17.037 274.310 20.741
202112 18.422 278.802 22.066
202203 17.190 287.504 19.967
202206 19.036 296.311 21.454
202209 20.349 296.808 22.896
202212 20.020 296.797 22.526
202303 14.585 301.836 16.137
202306 14.067 305.109 15.397
202309 14.909 307.789 16.176
202312 14.959 306.746 16.286
202403 14.770 312.332 15.792
202406 16.234 314.175 17.256
202409 17.051 315.301 18.060
202412 17.489 315.605 18.506
202503 18.453 319.799 19.270
202506 15.711 322.561 16.266
202509 16.675 324.800 17.145
202512 18.083 324.054 18.635
202603 17.537 330.213 17.736
202606 19.295 333.952 19.295

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 3.83 mean?
Mechema Chemicals International (ROCO:4721) has a Cyclically Adjusted PB Ratio of 3.83 as of Aug. 31, 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 Mechema Chemicals International and its competitors. This is near median its historical median of 4.23. Over the past decade, Mechema Chemicals International's Cyclically Adjusted PB Ratio has ranged from 2.17 to 10.23. According to the industry distribution chart, Mechema Chemicals International ranks #857 out of 1095 companies in the Chemicals industry, placing it in the top 78.3%.
Is Mechema Chemicals International's Cyclically Adjusted PB Ratio too high?
Mechema Chemicals International's current Cyclically Adjusted PB Ratio of 3.83 is near median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 10.23. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Mechema Chemicals International's value of 3.83 is 126.6% above this industry median. Based on the distribution chart, Mechema Chemicals International ranks #857 out of 1095 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Mechema Chemicals International has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mechema Chemicals International's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mechema Chemicals International ranks #857 out of 1095 companies for Cyclically Adjusted PB Ratio. This places Mechema Chemicals International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Mechema Chemicals International's value of 3.83 is 126.6% above this benchmark. Historically, Mechema Chemicals International's own Cyclically Adjusted PB Ratio has ranged from 2.17 to 10.23 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 1.69, Mechema Chemicals International 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.69, based on 1,095 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. Mechema Chemicals International's current Cyclically Adjusted PB Ratio of 3.83 is 126.6% 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 Mechema Chemicals International and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mechema Chemicals International's current Cyclically Adjusted PB Ratio is 3.83, which is near median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mechema Chemicals International stock overvalued right now?
Based on GuruFocus' analysis, Mechema Chemicals International (ROCO:4721) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$86.86, compared to a current price of NT$74.80 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.83, which is near median its 10-year median of 4.23 and 126.6% above the Chemicals industry median of 1.69. Mechema Chemicals International's overall GF Score™ is 74/100 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 Mechema Chemicals International (ROCO:4721), the current Cyclically Adjusted PB Ratio is 3.83 as of Aug. 31, 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 Mechema Chemicals International (ROCO:4721) Overvalued in 2026?

Based on GuruFocus' analysis, Mechema Chemicals International stock appears to be undervalued. The current stock price of NT$74.80 is trading 13.9% below its estimated GF Value™ of NT$86.86. GuruFocus considers Mechema Chemicals International to be Modestly Undervalued.

Key valuation signals for ROCO:4721:

  • Cyclically Adjusted PB Ratio: 3.83 (near median its 10-year median of 4.23)
  • GF Value™: NT$86.86 vs. price of NT$74.80 (13.9% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 126.6% above the Chemicals median (#857 of 1095)

No single metric tells the full story. See the ROCO:4721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mechema Chemicals International Business Description

Address No. 1, Datong 1st Road, Guanyin District, Taoyuan, TWN, 32849
Mechema Chemicals International Corp is engaged in the manufacturing, distribution, sales, import, and export of cobalt and its compounds and manganese and its compounds. The segments of the company are the oxidation catalysts and the battery material department. Maximum revenue is derives from Battery Material Department. Geographically, it has a presence in Taiwan, China, Korea, Thailand, Malaysia, Indonesia, Japan, and Other regions.
74GF Score

Get the complete analysis for ROCO:4721

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

NT$74.80
Price
NT$86.86
GF Value