Jetbest (ROCO:4741) Cyclically Adjusted PB Ratio: 1.37 (As of Sep. 02, 2026) — 15% Above Median

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ROCO:4741 Jetbest Corp ROCO:4741
64 GF Score
Price NT$42.10
GF Value NT$27.67
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Jetbest Cyclically Adjusted PB Ratio?

Jetbest ROCO:4741 -1.75% 64 Cyclically Adjusted PB Ratio is 1.37 as of Sep. 02, 2026, which is 15% above its 10-year median of 1.19. GuruFocus rates ROCO:4741 with a GF Score™ of 64/100 and a GF Value™ of NT$27.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,091 Chemicals companies, Jetbest ranks better than 57.47% on this metric.

As of today (2026-09-02), Jetbest's current share price is NT$42.10. Jetbest's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$30.80. Jetbest's Cyclically Adjusted PB Ratio for today is 1.37.

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

ROCO:4741' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.19   Max: 2.55
Current: 1.38

During the past years, Jetbest's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.68. And the median was 1.19.

ROCO:4741's Cyclically Adjusted PB Ratio is ranked better than
57.47% of 1091 companies
in the Chemicals industry
Industry Median: 1.69 vs ROCO:4741: 1.38

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.

Jetbest's adjusted book value per share data for the three months ended in Jun. 2026 was NT$26.671. 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$30.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jetbest  (ROCO:4741) 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.


Jetbest Cyclically Adjusted PB Ratio Related Terms


Jetbest Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jetbest'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.

Jetbest Cyclically Adjusted PB Ratio Chart

Jetbest 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 0.00 0.90 1.19 1.13 0.70

Jetbest 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 0.80 0.72 0.70 1.22 1.82

ROCO:4741 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Jetbest'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.


Jetbest Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


ROCO:4741
64GF Score
Jetbest Corp ROCO:4741
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jetbest 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.

Jetbest's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.10/30.80
=1.37

* 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.

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

For example, Jetbest'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)
=26.671/333.9520*333.9520
=26.671

Current CPI (Jun. 2026) = 333.9520.

Jetbest Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 23.908 241.432 33.070
201703 24.323 243.801 33.317
201706 21.790 244.955 29.707
201709 26.607 246.819 36.000
201712 27.375 246.524 37.083
201803 27.949 249.554 37.401
201806 25.892 251.989 34.314
201809 26.236 252.439 34.708
201812 26.580 251.233 35.332
201903 26.733 254.202 35.120
201906 25.225 256.143 32.888
201909 25.696 256.759 33.421
201912 25.865 256.974 33.613
202003 26.121 258.115 33.796
202006 24.494 257.797 31.730
202009 24.606 260.280 31.571
202012 25.175 260.474 32.277
202103 24.761 264.877 31.218
202106 24.889 271.696 30.592
202109 25.230 274.310 30.716
202112 25.431 278.802 30.462
202203 25.114 287.504 29.171
202206 25.332 296.311 28.550
202209 25.925 296.808 29.169
202212 26.243 296.797 29.528
202303 25.438 301.836 28.145
202306 25.827 305.109 28.269
202309 26.254 307.789 28.486
202312 26.828 306.746 29.207
202403 25.742 312.332 27.524
202406 26.197 314.175 27.846
202409 26.462 315.301 28.027
202412 27.000 315.605 28.570
202503 25.966 319.799 27.115
202506 25.747 322.561 26.656
202509 25.833 324.800 26.561
202512 26.156 324.054 26.955
202603 26.163 330.213 26.459
202606 26.671 333.952 26.671

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 1.37 mean?
Jetbest (ROCO:4741) has a Cyclically Adjusted PB Ratio of 1.37 as of Sep. 02, 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 Jetbest and its competitors. This is 15% above median its historical median of 1.19. Over the past decade, Jetbest's Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.55. According to the industry distribution chart, Jetbest ranks #464 out of 1091 companies in the Chemicals industry, placing it in the top 42.5%.
Is Jetbest's Cyclically Adjusted PB Ratio too high?
Jetbest's current Cyclically Adjusted PB Ratio of 1.37 is 15% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.55. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Jetbest's value of 1.37 is 18.9% below this industry median. Based on the distribution chart, Jetbest ranks #464 out of 1091 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jetbest has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jetbest's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jetbest ranks #464 out of 1091 companies for Cyclically Adjusted PB Ratio. This puts Jetbest in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Jetbest's value of 1.37 is 18.9% below this benchmark. Historically, Jetbest's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.55 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.69, Jetbest 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 a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.69, based on 1,091 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. Jetbest's current Cyclically Adjusted PB Ratio of 1.37 is 18.9% 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 Jetbest 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. Jetbest's current Cyclically Adjusted PB Ratio is 1.37, which is 15% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jetbest stock overvalued right now?
Based on GuruFocus' analysis, Jetbest (ROCO:4741) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.67, compared to a current price of NT$42.10 — trading 52.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is 15% above median its 10-year median of 1.19 and 18.9% below the Chemicals industry median of 1.69. Jetbest's overall GF Score™ is 64/100 with 7 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 Jetbest (ROCO:4741), the current Cyclically Adjusted PB Ratio is 1.37 as of Sep. 02, 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 Jetbest (ROCO:4741) Overvalued in 2026?

Based on GuruFocus' analysis, Jetbest stock appears to be overvalued. The current stock price of NT$42.10 is trading 52.2% above its estimated GF Value™ of NT$27.67. GuruFocus considers Jetbest to be Significantly Overvalued.

Key valuation signals for ROCO:4741:

  • Cyclically Adjusted PB Ratio: 1.37 (15% above median its 10-year median of 1.19)
  • GF Value™: NT$27.67 vs. price of NT$42.10 (52.2% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 18.9% below the Chemicals median (#464 of 1091)

No single metric tells the full story. See the ROCO:4741 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jetbest Business Description

Address No. 173-2, Dahu Road, Xiangshan District, Hsinchu City, TWN, 30093
Jetbest Corp mainly manufactures and sells precision chemical materials, coatings, paints, dyes, and pigments, as well as the wholesale of computer office equipment and related consumables. Its products include UV, ECO, Textile Ink, Latex, Special Application, Ink Cartridges, Pigment Mill Base, and Bulk System. The company generates maximum revenue from Brazil.
64GF Score

Get the complete analysis for ROCO:4741

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

NT$42.10
Price
NT$27.67
GF Value