Rich Development Co (ROCO:5512) Cyclically Adjusted PB Ratio: 0.37 (As of Aug. 21, 2026) — 21% Below Median

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ROCO:5512 Rich Development Co Ltd ROCO:5512
61 GF Score
Price NT$7.84
GF Value NT$11.17
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Rich Development Co Cyclically Adjusted PB Ratio?

Rich Development Co ROCO:5512 +0.64% 61 Cyclically Adjusted PB Ratio is 0.37 as of Aug. 21, 2026, which is 21% below its 10-year median of 0.47. GuruFocus rates ROCO:5512 with a GF Score™ of 61/100 and a GF Value™ of NT$11.17 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,371 Real Estate companies, Rich Development Co ranks better than 69.88% on this metric.

As of today (2026-08-21), Rich Development Co's current share price is NT$7.84. Rich Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.23. Rich Development Co's Cyclically Adjusted PB Ratio for today is 0.37.

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

ROCO:5512' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.47   Max: 0.67
Current: 0.36

During the past years, Rich Development Co's highest Cyclically Adjusted PB Ratio was 0.67. The lowest was 0.32. And the median was 0.47.

ROCO:5512's Cyclically Adjusted PB Ratio is ranked better than
69.88% of 1371 companies
in the Real Estate industry
Industry Median: 0.68 vs ROCO:5512: 0.36

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.

Rich Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$17.840. 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$21.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rich Development Co  (ROCO:5512) 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.


Rich Development Co Cyclically Adjusted PB Ratio Related Terms


Rich Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rich Development 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.

Rich Development Co Cyclically Adjusted PB Ratio Chart

Rich Development 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 0.47 0.41 0.45 0.46 0.38

Rich Development 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 0.44 0.41 0.39 0.38 0.37

Rich Development Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Rich Development 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.


Rich Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Rich Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:5512
61GF Score
Rich Development Co Ltd ROCO:5512
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rich Development 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.

Rich Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.84/21.23
=0.37

* 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.

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

For example, Rich Development 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)
=17.84/330.2130*330.2130
=17.840

Current CPI (Mar. 2026) = 330.2130.

Rich Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.284 241.018 23.680
201609 17.437 241.428 23.849
201612 17.488 241.432 23.919
201703 18.390 243.801 24.908
201706 17.875 244.955 24.096
201709 17.907 246.819 23.957
201712 17.898 246.524 23.974
201803 18.034 249.554 23.863
201806 17.404 251.989 22.807
201809 17.468 252.439 22.850
201812 17.357 251.233 22.814
201903 17.390 254.202 22.590
201906 17.911 256.143 23.090
201909 18.128 256.759 23.314
201912 17.917 256.974 23.023
202003 17.867 258.115 22.858
202006 17.411 257.797 22.302
202009 17.517 260.280 22.224
202012 17.667 260.474 22.397
202103 17.587 264.877 21.925
202106 17.525 271.696 21.299
202109 17.396 274.310 20.941
202112 17.764 278.802 21.040
202203 17.735 287.504 20.370
202206 17.579 296.311 19.590
202209 17.403 296.808 19.362
202212 17.385 296.797 19.342
202303 17.397 301.836 19.033
202306 17.641 305.109 19.092
202309 17.815 307.789 19.113
202312 17.951 306.746 19.324
202403 18.140 312.332 19.179
202406 17.941 314.175 18.857
202409 18.007 315.301 18.859
202412 18.012 315.605 18.846
202503 18.022 319.799 18.609
202506 17.662 322.561 18.081
202509 17.657 324.800 17.951
202512 17.811 324.054 18.150
202603 17.840 330.213 17.840

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 0.37 mean?
Rich Development Co (ROCO:5512) has a Cyclically Adjusted PB Ratio of 0.37 as of Aug. 21, 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 Rich Development Co and its competitors. This is 21% below median its historical median of 0.47. Over the past decade, Rich Development Co's Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.67. According to the industry distribution chart, Rich Development Co ranks #413 out of 1371 companies in the Real Estate industry, placing it in the top 30.1%.
Is Rich Development Co's Cyclically Adjusted PB Ratio too high?
Rich Development Co's current Cyclically Adjusted PB Ratio of 0.37 is 21% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.67. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Rich Development Co's value of 0.37 is 45.6% below this industry median. Based on the distribution chart, Rich Development Co ranks #413 out of 1371 companies in the Real Estate industry, which is above the industry midpoint. Overall, Rich Development Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rich Development Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Rich Development Co ranks #413 out of 1371 companies for Cyclically Adjusted PB Ratio. This puts Rich Development Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Rich Development Co's value of 0.37 is 45.6% below this benchmark. Historically, Rich Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.67 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.68, Rich Development Co 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.68, based on 1,371 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. Rich Development Co's current Cyclically Adjusted PB Ratio of 0.37 is 45.6% 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 Rich Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rich Development Co's current Cyclically Adjusted PB Ratio is 0.37, which is 21% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rich Development Co stock overvalued right now?
Based on GuruFocus' analysis, Rich Development Co (ROCO:5512) is currently considered Possible Value Trap. The stock's GF Value™ is NT$11.17, compared to a current price of NT$7.84 — trading 29.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 21% below median its 10-year median of 0.47 and 45.6% below the Real Estate industry median of 0.68. Rich Development Co's overall GF Score™ is 61/100 with 6 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 Rich Development Co (ROCO:5512), the current Cyclically Adjusted PB Ratio is 0.37 as of Aug. 21, 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 Rich Development Co (ROCO:5512) Overvalued in 2026?

Based on GuruFocus' analysis, Rich Development Co stock appears to be undervalued. The current stock price of NT$7.84 is trading 29.8% below its estimated GF Value™ of NT$11.17. GuruFocus considers Rich Development Co to be Possible Value Trap.

Key valuation signals for ROCO:5512:

  • Cyclically Adjusted PB Ratio: 0.37 (21% below median its 10-year median of 0.47)
  • GF Value™: NT$11.17 vs. price of NT$7.84 (29.8% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 45.6% below the Real Estate median (#413 of 1371)

No single metric tells the full story. See the ROCO:5512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rich Development Co Business Description

Address No. 99, Chi Lin Road, 8th Floor, Jhongshan District, Taipei, TWN, 104
Rich Development Co Ltd is a Taiwan-based company engaged in the construction, development, leasing, and distribution of residential and commercial buildings. The company's main business includes commissioning manufacturers to build commercial buildings and lease and sale of public housing; commissioned by government industrial authorities to handle the development, leasing, and management of industrial areas; construction of sewage treatment plants and operation of sewage treatment projects; operation of resort hotels and travel agency operations and others. Its segments include the Construction segment, the Sewage treatment segment: and the Tourist hotel segment.
61GF Score

Get the complete analysis for ROCO:5512

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

NT$7.84
Price
NT$11.17
GF Value