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Sunmax Biotechnology CoROCO:4728 88 Cyclically Adjusted PB Ratio is 19.06 as of Aug. 13, 2026, which is 61% above its 10-year median of 11.84. GuruFocus rates ROCO:4728 with a GF Score™ of 88/100 and a GF Value™ of NT$345.15 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 694 Biotechnology companies, Sunmax Biotechnology Co ranks worse than 93.37% on this metric.
The historical rank and industry rank for Sunmax Biotechnology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
ROCO:4728'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.81 Med: 11.84 Max: 26.56
Current: 19.14
During the past years, Sunmax Biotechnology Co's highest Cyclically Adjusted PB Ratio was 26.56. The lowest was 4.81. And the median was 11.84.
ROCO:4728's Cyclically Adjusted PB Ratio is ranked worse than 93.37% of 694
companies
in the Biotechnology industry
Industry Median: 1.63
vs ROCO:4728: 19.14
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.
Sunmax Biotechnology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$21.781. 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$20.33 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sunmax Biotechnology Co (ROCO:4728) 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.
Sunmax Biotechnology Co Cyclically Adjusted PB Ratio Related Terms
Sunmax Biotechnology Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Sunmax Biotechnology 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.
Sunmax Biotechnology Co Cyclically Adjusted PB Ratio Chart
ROCO:4728 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison
For the Biotechnology subindustry, Sunmax Biotechnology 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.
Sunmax Biotechnology Co Cyclically Adjusted PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Sunmax Biotechnology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Sunmax Biotechnology Co's Cyclically Adjusted PB Ratio falls into.
Sunmax Biotechnology 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.
* 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.
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 19.06 mean?
Sunmax Biotechnology Co (ROCO:4728) has a Cyclically Adjusted PB Ratio of 19.06 as of Aug. 13, 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 Sunmax Biotechnology Co and its competitors. This is 61% above median its historical median of 11.84. Over the past decade, Sunmax Biotechnology Co's Cyclically Adjusted PB Ratio has ranged from 4.81 to 26.56. According to the industry distribution chart, Sunmax Biotechnology Co ranks #648 out of 694 companies in the Biotechnology industry, placing it in the top 93.4%.
Is Sunmax Biotechnology Co's Cyclically Adjusted PB Ratio too high?
Sunmax Biotechnology Co's current Cyclically Adjusted PB Ratio of 19.06 is 61% above median its 10-year median of 11.84. Over the past 10 years, this metric has ranged from a low of 4.81 to a high of 26.56. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. Sunmax Biotechnology Co's value of 19.06 is 1069.3% above this industry median. Based on the distribution chart, Sunmax Biotechnology Co ranks #648 out of 694 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Sunmax Biotechnology Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunmax Biotechnology Co's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Sunmax Biotechnology Co ranks #648 out of 694 companies for Cyclically Adjusted PB Ratio. This places Sunmax Biotechnology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Sunmax Biotechnology Co's value of 19.06 is 1069.3% above this benchmark. Historically, Sunmax Biotechnology Co's own Cyclically Adjusted PB Ratio has ranged from 4.81 to 26.56 over the past decade. While the company's 10-year median is 11.84 vs. the industry median of 1.63, Sunmax Biotechnology 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.63, based on 694 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. Sunmax Biotechnology Co's current Cyclically Adjusted PB Ratio of 19.06 is 1069.3% 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 Sunmax Biotechnology Co and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunmax Biotechnology Co's current Cyclically Adjusted PB Ratio is 19.06, which is 61% above median its own 10-year median of 11.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunmax Biotechnology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunmax Biotechnology Co (ROCO:4728) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$345.15, compared to a current price of NT$387.50 — trading 12.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 19.06, which is 61% above median its 10-year median of 11.84 and 1069.3% above the Biotechnology industry median of 1.63. Sunmax Biotechnology Co's overall GF Score™ is 88/100 with 4 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 Sunmax Biotechnology Co (ROCO:4728), the current Cyclically Adjusted PB Ratio is 19.06 as of Aug. 13, 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 Sunmax Biotechnology Co (ROCO:4728) Overvalued in 2026?
Based on GuruFocus' analysis, Sunmax Biotechnology Co stock appears to be overvalued.
The current stock price of NT$387.50 is trading 12.3% above its estimated GF Value™ of NT$345.15.
GuruFocus considers Sunmax Biotechnology Co to be Modestly Overvalued.
Key valuation signals for ROCO:4728:
Cyclically Adjusted PB Ratio: 19.06 (61% above median its 10-year median of 11.84)
GF Value™: NT$345.15 vs. price of NT$387.50 (12.3% above fair value)
Industry Position: 1069.3% above the Biotechnology median (#648 of 694)
No single metric tells the full story. See the ROCO:4728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunmax Biotechnology Co Ltd is a biomedical company in Taiwan. It is engaged in the development, manufacturing, and commercialization of Sunmax medical devices and bio-surgical products. Additionally, it also researches, develops, manufactures and sales biomedical material grade collagen and related products. The company's products include medical products, biomedical materials, and porcine collagen skin care products.
88GF Score
Get the complete analysis for ROCO:4728
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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