Soft-World International (ROCO:5478) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:5478 Soft-World International Corp ROCO:5478
74 GF Score
Price NT$99.00
GF Value NT$108.48
Valuation Fairly Valued
! 3 Warning Signs
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What is Soft-World International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Soft-World International  (ROCO:5478) 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.


Soft-World International Cyclically Adjusted PB Ratio Related Terms


Soft-World International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Soft-World 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.

Soft-World International Cyclically Adjusted PB Ratio Chart

Soft-World 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 1.98 1.49 2.69 2.14 1.64

Soft-World 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 1.75 1.81 1.64 1.62 0.00

ROCO:5478 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Soft-World 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.


Soft-World International Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Soft-World International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Soft-World International's Cyclically Adjusted PB Ratio falls into.


ROCO:5478
74GF Score
Soft-World International Corp ROCO:5478
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Soft-World 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.

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

For example, Soft-World 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)
=58.346/333.9520*333.9520
=58.346

Current CPI (Jun. 2026) = 333.9520.

Soft-World International Quarterly Data

Book Value per Share CPI Adj_Book
201609 44.014 241.428 60.882
201612 44.692 241.432 61.819
201703 45.492 243.801 62.314
201706 44.180 244.955 60.231
201709 44.134 246.819 59.714
201712 44.505 246.524 60.288
201803 45.434 249.554 60.800
201806 43.222 251.989 57.281
201809 43.534 252.439 57.591
201812 46.423 251.233 61.708
201903 48.312 254.202 63.469
201906 46.508 256.143 60.636
201909 47.983 256.759 62.409
201912 48.908 256.974 63.559
202003 49.521 258.115 64.071
202006 48.100 257.797 62.309
202009 49.709 260.280 63.779
202012 52.055 260.474 66.739
202103 53.897 264.877 67.952
202106 56.142 271.696 69.006
202109 50.870 274.310 61.930
202112 53.583 278.802 64.182
202203 49.207 287.504 57.157
202206 50.916 296.311 57.384
202209 52.438 296.808 59.000
202212 55.963 296.797 62.969
202303 50.984 301.836 56.409
202306 54.451 305.109 59.598
202309 56.201 307.789 60.978
202312 57.836 306.746 62.966
202403 60.217 312.332 64.385
202406 62.679 314.175 66.625
202409 64.219 315.301 68.018
202412 65.437 315.605 69.241
202503 58.928 319.799 61.536
202506 56.720 322.561 58.723
202509 58.850 324.800 60.508
202512 59.603 324.054 61.424
202603 54.240 330.213 54.854
202606 58.346 333.952 58.346

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.

Is Soft-World International (ROCO:5478) Overvalued in 2026?

Based on GuruFocus' analysis, Soft-World International stock appears to be undervalued. The current stock price of NT$99.00 is trading 8.7% below its estimated GF Value™ of NT$108.48. GuruFocus considers Soft-World International to be Fairly Valued.

Key valuation signals for ROCO:5478:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$108.48 vs. price of NT$99.00 (8.7% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the ROCO:5478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Soft-World International Business Description

Address No. 61, Minzhuang Road, 13th floor, Chianjen Chiu, Kaohsiung, TWN, 806
Soft-World International Corp is engaged in the digital content point service platforms, production and publication of computer game magazines, commercial advertising services and the retail sale of entertainment products and accessories for game software. The Corporation also acts as an agent for games and commercial software. Its segments include Soft-World; Chinese Gamer International Corporation; Game Flier International Corporation; Neweb Technologies; Efun Corporation; and Others. It operates in China, Taiwan and other countries. The company derives maximum revenue from Soft-World International Corporation segment.
74GF Score

Get the complete analysis for ROCO:5478

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

NT$99.00
Price
NT$108.48
GF Value