Cayenne Entertainment Technology Co (ROCO:4946) Cyclically Adjusted PB Ratio: 3.84 (As of Aug. 15, 2026) — 176% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4946 Cayenne Entertainment Technology Co Ltd ROCO:4946
62 GF Score
Price NT$81.00
GF Value NT$401.41
Valuation Significantly Undervalued
View Full Analysis

What is Cayenne Entertainment Technology Co Cyclically Adjusted PB Ratio?

Cayenne Entertainment Technology Co ROCO:4946 +0.62% 62 Cyclically Adjusted PB Ratio is 3.84 as of Aug. 15, 2026, which is 176% above its 10-year median of 1.39. GuruFocus rates ROCO:4946 with a GF Score™ of 62/100 and a GF Value™ of NT$401.41 (Significantly Undervalued). Among 344 Interactive Media companies, Cayenne Entertainment Technology Co ranks worse than 79.65% on this metric.

As of today (2026-08-15), Cayenne Entertainment Technology Co's current share price is NT$81.00. Cayenne Entertainment Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.08. Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio for today is 3.84.

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

ROCO:4946' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.39   Max: 10.08
Current: 3.84

During the past years, Cayenne Entertainment Technology Co's highest Cyclically Adjusted PB Ratio was 10.08. The lowest was 0.40. And the median was 1.39.

ROCO:4946's Cyclically Adjusted PB Ratio is ranked worse than
79.65% of 344 companies
in the Interactive Media industry
Industry Median: 1.505 vs ROCO:4946: 3.84

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.

Cayenne Entertainment Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$17.328. 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$21.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cayenne Entertainment Technology Co  (ROCO:4946) 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.


Cayenne Entertainment Technology Co Cyclically Adjusted PB Ratio Related Terms


Cayenne Entertainment Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cayenne Entertainment Technology 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.

Cayenne Entertainment Technology Co Cyclically Adjusted PB Ratio Chart

Cayenne Entertainment Technology 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 1.59 1.63 2.06 1.34 5.00

Cayenne Entertainment Technology Co 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 2.93 6.70 5.92 5.00 5.03

ROCO:4946 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Cayenne Entertainment Technology 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.


Cayenne Entertainment Technology Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio falls into.


ROCO:4946
62GF Score
Cayenne Entertainment Technology Co Ltd ROCO:4946
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cayenne Entertainment Technology 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.

Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.00/21.08
=3.84

* 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.

Cayenne Entertainment Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cayenne Entertainment Technology Co'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)
=17.328/330.2130*330.2130
=17.328

Current CPI (Mar. 2026) = 330.2130.

Cayenne Entertainment Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 27.336 241.018 37.452
201609 25.049 241.428 34.261
201612 26.142 241.432 35.755
201703 26.022 243.801 35.245
201706 31.392 244.955 42.318
201709 31.659 246.819 42.356
201712 33.161 246.524 44.418
201803 32.221 249.554 42.635
201806 33.768 251.989 44.250
201809 31.992 252.439 41.848
201812 32.452 251.233 42.654
201903 31.906 254.202 41.446
201906 27.814 256.143 35.857
201909 23.999 256.759 30.865
201912 13.818 256.974 17.756
202003 12.440 258.115 15.915
202006 13.218 257.797 16.931
202009 14.896 260.280 18.898
202012 10.117 260.474 12.826
202103 11.951 264.877 14.899
202106 10.754 271.696 13.070
202109 15.571 274.310 18.744
202112 11.975 278.802 14.183
202203 11.395 287.504 13.088
202206 9.552 296.311 10.645
202209 7.400 296.808 8.233
202212 4.468 296.797 4.971
202303 4.480 301.836 4.901
202306 6.945 305.109 7.516
202309 9.820 307.789 10.535
202312 8.570 306.746 9.226
202403 8.932 312.332 9.443
202406 7.412 314.175 7.790
202409 5.969 315.301 6.251
202412 5.468 315.605 5.721
202503 7.549 319.799 7.795
202506 8.650 322.561 8.855
202509 7.741 324.800 7.870
202512 8.212 324.054 8.368
202603 17.328 330.213 17.328

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 3.84 mean?
Cayenne Entertainment Technology Co (ROCO:4946) has a Cyclically Adjusted PB Ratio of 3.84 as of Aug. 15, 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 Cayenne Entertainment Technology Co and its competitors. This is 176% above median its historical median of 1.39. Over the past decade, Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.40 to 10.08. According to the industry distribution chart, Cayenne Entertainment Technology Co ranks #274 out of 344 companies in the Interactive Media industry, placing it in the top 79.7%.
Is Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio too high?
Cayenne Entertainment Technology Co's current Cyclically Adjusted PB Ratio of 3.84 is 176% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 10.08. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. Cayenne Entertainment Technology Co's value of 3.84 is 155.1% above this industry median. Based on the distribution chart, Cayenne Entertainment Technology Co ranks #274 out of 344 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Cayenne Entertainment Technology Co has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Cayenne Entertainment Technology Co ranks #274 out of 344 companies for Cyclically Adjusted PB Ratio. This places Cayenne Entertainment Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Cayenne Entertainment Technology Co's value of 3.84 is 155.1% above this benchmark. Historically, Cayenne Entertainment Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 10.08 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.51, Cayenne Entertainment Technology 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.51, based on 344 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. Cayenne Entertainment Technology Co's current Cyclically Adjusted PB Ratio of 3.84 is 155.1% 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 Cayenne Entertainment Technology Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cayenne Entertainment Technology Co's current Cyclically Adjusted PB Ratio is 3.84, which is 176% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cayenne Entertainment Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cayenne Entertainment Technology Co (ROCO:4946) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$401.41, compared to a current price of NT$81.00 — trading 79.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.84, which is 176% above median its 10-year median of 1.39 and 155.1% above the Interactive Media industry median of 1.51. Cayenne Entertainment Technology Co's overall GF Score™ is 62/100. 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 Cayenne Entertainment Technology Co (ROCO:4946), the current Cyclically Adjusted PB Ratio is 3.84 as of Aug. 15, 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 Cayenne Entertainment Technology Co (ROCO:4946) Overvalued in 2026?

Based on GuruFocus' analysis, Cayenne Entertainment Technology Co stock appears to be undervalued. The current stock price of NT$81.00 is trading 79.8% below its estimated GF Value™ of NT$401.41. GuruFocus considers Cayenne Entertainment Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:4946:

  • Cyclically Adjusted PB Ratio: 3.84 (176% above median its 10-year median of 1.39)
  • GF Value™: NT$401.41 vs. price of NT$81.00 (79.8% below fair value)
  • GF Score™: 62/100
  • Industry Position: 155.1% above the Interactive Media median (#274 of 344)

No single metric tells the full story. See the ROCO:4946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cayenne Entertainment Technology Co Business Description

Address Lane 583, Ruiguang Road, 3rd Floor, No. 31, Neihu District, Taipei, TWN
Cayenne Entertainment Technology Co Ltd is a provider of online casual games in Taiwan. It offers online air combat games, action games, shooting games, fighting games, basketball and baseball games, racing games, and dating games.
62GF Score

Get the complete analysis for ROCO:4946

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

NT$81.00
Price
NT$401.41
GF Value