Sun Fon Construction Co (ROCO:5514) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 25, 2026) — 33% Below Median

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ROCO:5514 Sun Fon Construction Co Ltd ROCO:5514
41 GF Score
Price NT$14.55
GF Value NT$29.70
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Sun Fon Construction Co Cyclically Adjusted PB Ratio?

Sun Fon Construction Co ROCO:5514 41 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 25, 2026, which is 33% below its 10-year median of 1.59. GuruFocus rates ROCO:5514 with a GF Score™ of 41/100 and a GF Value™ of NT$29.70 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,352 Real Estate companies, Sun Fon Construction Co ranks worse than 67.23% on this metric.

As of today (2026-08-25), Sun Fon Construction Co's current share price is NT$14.55. Sun Fon Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$13.58. Sun Fon Construction Co's Cyclically Adjusted PB Ratio for today is 1.07.

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

ROCO:5514' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.59   Max: 2.09
Current: 1.07

During the past years, Sun Fon Construction Co's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 0.99. And the median was 1.59.

ROCO:5514's Cyclically Adjusted PB Ratio is ranked worse than
67.23% of 1352 companies
in the Real Estate industry
Industry Median: 0.675 vs ROCO:5514: 1.07

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.

Sun Fon Construction Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$15.110. 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$13.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Fon Construction Co  (ROCO:5514) 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.


Sun Fon Construction Co Cyclically Adjusted PB Ratio Related Terms


Sun Fon Construction Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sun Fon Construction 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.

Sun Fon Construction Co Cyclically Adjusted PB Ratio Chart

Sun Fon Construction 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 1.86 1.49 1.55 1.54 1.29

Sun Fon Construction Co 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 1.39 1.33 1.29 1.18 1.04

ROCO:5514 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Sun Fon Construction 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.


Sun Fon Construction Co Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Sun Fon Construction Co's Cyclically Adjusted PB Ratio falls into.


ROCO:5514
41GF Score
Sun Fon Construction Co Ltd ROCO:5514
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Fon Construction 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.

Sun Fon Construction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.55/13.58
=1.07

* 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.

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

For example, Sun Fon Construction Co'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)
=15.11/333.9520*333.9520
=15.110

Current CPI (Jun. 2026) = 333.9520.

Sun Fon Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.453 241.428 11.692
201612 8.835 241.432 12.221
201703 8.966 243.801 12.281
201706 8.659 244.955 11.805
201709 8.703 246.819 11.775
201712 9.075 246.524 12.293
201803 9.425 249.554 12.612
201806 9.039 251.989 11.979
201809 9.255 252.439 12.243
201812 8.726 251.233 11.599
201903 9.489 254.202 12.466
201906 9.607 256.143 12.525
201909 10.303 256.759 13.401
201912 10.587 256.974 13.758
202003 9.907 258.115 12.818
202006 11.617 257.797 15.049
202009 11.883 260.280 15.246
202012 12.040 260.474 15.436
202103 12.339 264.877 15.557
202106 12.449 271.696 15.302
202109 12.262 274.310 14.928
202112 12.586 278.802 15.076
202203 12.714 287.504 14.768
202206 12.022 296.311 13.549
202209 11.937 296.808 13.431
202212 12.018 296.797 13.522
202303 12.133 301.836 13.424
202306 12.294 305.109 13.456
202309 12.283 307.789 13.327
202312 12.723 306.746 13.851
202403 12.804 312.332 13.690
202406 13.173 314.175 14.002
202409 13.206 315.301 13.987
202412 13.692 315.605 14.488
202503 13.524 319.799 14.123
202506 13.336 322.561 13.807
202509 13.704 324.800 14.090
202512 13.782 324.054 14.203
202603 14.155 330.213 14.315
202606 15.110 333.952 15.110

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 1.07 mean?
Sun Fon Construction Co (ROCO:5514) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 25, 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 Sun Fon Construction Co and its competitors. This is 33% below median its historical median of 1.59. Over the past decade, Sun Fon Construction Co's Cyclically Adjusted PB Ratio has ranged from 0.99 to 2.09. According to the industry distribution chart, Sun Fon Construction Co ranks #909 out of 1352 companies in the Real Estate industry, placing it in the top 67.2%.
Is Sun Fon Construction Co's Cyclically Adjusted PB Ratio too high?
Sun Fon Construction Co's current Cyclically Adjusted PB Ratio of 1.07 is 33% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 2.09. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Sun Fon Construction Co's value of 1.07 is 58.5% above this industry median. Based on the distribution chart, Sun Fon Construction Co ranks #909 out of 1352 companies in the Real Estate industry, which is below the industry midpoint. Overall, Sun Fon Construction Co has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sun Fon Construction Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sun Fon Construction Co ranks #909 out of 1352 companies for Cyclically Adjusted PB Ratio. This places Sun Fon Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Sun Fon Construction Co's value of 1.07 is 58.5% above this benchmark. Historically, Sun Fon Construction Co's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 2.09 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 0.68, Sun Fon Construction 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.68, based on 1,352 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. Sun Fon Construction Co's current Cyclically Adjusted PB Ratio of 1.07 is 58.5% 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 Sun Fon Construction 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. Sun Fon Construction Co's current Cyclically Adjusted PB Ratio is 1.07, which is 33% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Fon Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Sun Fon Construction Co (ROCO:5514) is currently considered Possible Value Trap. The stock's GF Value™ is NT$29.70, compared to a current price of NT$14.55 — trading 51% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is 33% below median its 10-year median of 1.59 and 58.5% above the Real Estate industry median of 0.68. Sun Fon Construction Co's overall GF Score™ is 41/100 with 8 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 Sun Fon Construction Co (ROCO:5514), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 25, 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 Sun Fon Construction Co (ROCO:5514) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Fon Construction Co stock appears to be undervalued. The current stock price of NT$14.55 is trading 51% below its estimated GF Value™ of NT$29.70. GuruFocus considers Sun Fon Construction Co to be Possible Value Trap.

Key valuation signals for ROCO:5514:

  • Cyclically Adjusted PB Ratio: 1.07 (33% below median its 10-year median of 1.59)
  • GF Value™: NT$29.70 vs. price of NT$14.55 (51% below fair value)
  • GF Score™: 41/100 with 8 warning signs
  • Industry Position: 58.5% above the Real Estate median (#909 of 1352)

No single metric tells the full story. See the ROCO:5514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Fon Construction Co Business Description

Address No. 173 Chang An East Road, Section 2, 7th Floor, Songshan District, Taipei, TWN
Sun Fon Construction Co Ltd is engaged in the development of public housing, and lease/sale of commercial buildings. Its segments include Construction & Operation Segment and Building & Operation Segment. Construction Segment, which generates the majority of its revenue is engaged in construction of public housing and rents out and sells commercial buildings.
41GF Score

Get the complete analysis for ROCO:5514

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

NT$14.55
Price
NT$29.70
GF Value