Taiwan Green Environment Technology (ROCO:5205) Cyclically Adjusted PB Ratio: 4.99 (As of Aug. 16, 2026) — Near 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:5205 Taiwan Green Environment Technology Inc ROCO:5205
56 GF Score
Price NT$21.90
GF Value NT$31.77
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Taiwan Green Environment Technology Cyclically Adjusted PB Ratio?

Taiwan Green Environment Technology ROCO:5205 +0.92% 56 Cyclically Adjusted PB Ratio is 4.99 as of Aug. 16, 2026, which is 7% below its 10-year median of 5.37. GuruFocus rates ROCO:5205 with a GF Score™ of 56/100 and a GF Value™ of NT$31.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,548 Software companies, Taiwan Green Environment Technology ranks worse than 75.26% on this metric.

As of today (2026-08-16), Taiwan Green Environment Technology's current share price is NT$21.90. Taiwan Green Environment Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$4.39. Taiwan Green Environment Technology's Cyclically Adjusted PB Ratio for today is 4.99.

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

ROCO:5205' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 5.37   Max: 9.79
Current: 4.99

During the past years, Taiwan Green Environment Technology's highest Cyclically Adjusted PB Ratio was 9.79. The lowest was 0.61. And the median was 5.37.

ROCO:5205's Cyclically Adjusted PB Ratio is ranked worse than
75.26% of 1548 companies
in the Software industry
Industry Median: 2.34 vs ROCO:5205: 4.99

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.

Taiwan Green Environment Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$6.117. 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$4.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Green Environment Technology  (ROCO:5205) 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.


Taiwan Green Environment Technology Cyclically Adjusted PB Ratio Related Terms


Taiwan Green Environment Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Green Environment Technology'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.

Taiwan Green Environment Technology Cyclically Adjusted PB Ratio Chart

Taiwan Green Environment Technology 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 1.13 8.12 5.02 5.95 7.53

Taiwan Green Environment Technology 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 7.18 7.44 6.96 7.53 6.62

ROCO:5205 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Taiwan Green Environment Technology'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.


Taiwan Green Environment Technology Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Taiwan Green Environment Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Green Environment Technology's Cyclically Adjusted PB Ratio falls into.


ROCO:5205
56GF Score
Taiwan Green Environment Technology Inc ROCO:5205
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Green Environment Technology 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.

Taiwan Green Environment Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.90/4.39
=4.99

* 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.

Taiwan Green Environment Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Taiwan Green Environment Technology'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)
=6.117/330.2130*330.2130
=6.117

Current CPI (Mar. 2026) = 330.2130.

Taiwan Green Environment Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.377 241.018 7.367
201609 4.827 241.428 6.602
201612 3.661 241.432 5.007
201703 2.926 243.801 3.963
201706 1.984 244.955 2.675
201709 1.458 246.819 1.951
201712 1.770 246.524 2.371
201803 2.991 249.554 3.958
201806 2.396 251.989 3.140
201809 1.607 252.439 2.102
201812 2.037 251.233 2.677
201903 1.660 254.202 2.156
201906 0.971 256.143 1.252
201909 0.433 256.759 0.557
201912 1.086 256.974 1.396
202003 0.557 258.115 0.713
202006 0.099 257.797 0.127
202009 0.494 260.280 0.627
202012 0.304 260.474 0.385
202103 2.320 264.877 2.892
202106 1.913 271.696 2.325
202109 1.500 274.310 1.806
202112 1.051 278.802 1.245
202203 5.464 287.504 6.276
202206 7.638 296.311 8.512
202209 7.213 296.808 8.025
202212 6.810 296.797 7.577
202303 6.456 301.836 7.063
202306 5.999 305.109 6.493
202309 5.635 307.789 6.046
202312 5.259 306.746 5.661
202403 5.443 312.332 5.755
202406 5.149 314.175 5.412
202409 4.836 315.301 5.065
202412 9.698 315.605 10.147
202503 7.934 319.799 8.192
202506 7.617 322.561 7.798
202509 7.256 324.800 7.377
202512 6.479 324.054 6.602
202603 6.117 330.213 6.117

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 4.99 mean?
Taiwan Green Environment Technology (ROCO:5205) has a Cyclically Adjusted PB Ratio of 4.99 as of Aug. 16, 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 Taiwan Green Environment Technology and its competitors. This is near median its historical median of 5.37. Over the past decade, Taiwan Green Environment Technology's Cyclically Adjusted PB Ratio has ranged from 0.61 to 9.79. According to the industry distribution chart, Taiwan Green Environment Technology ranks #1165 out of 1548 companies in the Software industry, placing it in the top 75.3%.
Is Taiwan Green Environment Technology's Cyclically Adjusted PB Ratio too high?
Taiwan Green Environment Technology's current Cyclically Adjusted PB Ratio of 4.99 is near median its 10-year median of 5.37. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 9.79. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Taiwan Green Environment Technology's value of 4.99 is 113.2% above this industry median. Based on the distribution chart, Taiwan Green Environment Technology ranks #1165 out of 1548 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Taiwan Green Environment Technology has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Green Environment Technology's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Taiwan Green Environment Technology ranks #1165 out of 1548 companies for Cyclically Adjusted PB Ratio. This places Taiwan Green Environment Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. Taiwan Green Environment Technology's value of 4.99 is 113.2% above this benchmark. Historically, Taiwan Green Environment Technology's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 9.79 over the past decade. While the company's 10-year median is 5.37 vs. the industry median of 2.34, Taiwan Green Environment Technology 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,548 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. Taiwan Green Environment Technology's current Cyclically Adjusted PB Ratio of 4.99 is 113.2% 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 Taiwan Green Environment Technology and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Green Environment Technology's current Cyclically Adjusted PB Ratio is 4.99, which is near median its own 10-year median of 5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Green Environment Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Green Environment Technology (ROCO:5205) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.77, compared to a current price of NT$21.90 — trading 31.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.99, which is near median its 10-year median of 5.37 and 113.2% above the Software industry median of 2.34. Taiwan Green Environment Technology's overall GF Score™ is 56/100 with 3 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 Taiwan Green Environment Technology (ROCO:5205), the current Cyclically Adjusted PB Ratio is 4.99 as of Aug. 16, 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 Taiwan Green Environment Technology (ROCO:5205) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Green Environment Technology stock appears to be undervalued. The current stock price of NT$21.90 is trading 31.1% below its estimated GF Value™ of NT$31.77. GuruFocus considers Taiwan Green Environment Technology to be Possible Value Trap.

Key valuation signals for ROCO:5205:

  • Cyclically Adjusted PB Ratio: 4.99 (near median its 10-year median of 5.37)
  • GF Value™: NT$31.77 vs. price of NT$21.90 (31.1% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 113.2% above the Software median (#1165 of 1548)

No single metric tells the full story. See the ROCO:5205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Green Environment Technology Business Description

Address Neihu Road, 3rd Floor - 1, No. 396, Section 1, Neihu District, Taipei, TWN, 11493
Taiwan Green Environment Technology Inc is a Taiwan based company. The company's main business is vehicle transportation, information electromechanical, and resource recycling services. The vehicle management plan provides fleet management systems and related monitoring value-added services for commercial fleet customers, such as driving video management services. The information service plan includes information and electrical integration services, and data analysis. The waste treatment and recycling services combine environmental technology, machinery, information, and other cross-disciplinary teams to provide construction planning and services for waste and water treatment sites.
56GF Score

Get the complete analysis for ROCO:5205

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

NT$21.90
Price
NT$31.77
GF Value