King Polytechnic Engineering Co (ROCO:6122) Cyclically Adjusted PB Ratio: 2.52 (As of Aug. 29, 2026) — 70% Above Median

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ROCO:6122 King Polytechnic Engineering Co Ltd ROCO:6122
84 GF Score
Price NT$48.65
GF Value NT$49.61
Valuation Fairly Valued
! 3 Warning Signs
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What is King Polytechnic Engineering Co Cyclically Adjusted PB Ratio?

King Polytechnic Engineering Co ROCO:6122 -0.10% 84 Cyclically Adjusted PB Ratio is 2.52 as of Aug. 29, 2026, which is 70% above its 10-year median of 1.48. GuruFocus rates ROCO:6122 with a GF Score™ of 84/100 and a GF Value™ of NT$49.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,239 Construction companies, King Polytechnic Engineering Co ranks worse than 74.25% on this metric.

As of today (2026-08-29), King Polytechnic Engineering Co's current share price is NT$48.65. King Polytechnic Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$19.32. King Polytechnic Engineering Co's Cyclically Adjusted PB Ratio for today is 2.52.

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

ROCO:6122' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.48   Max: 4.22
Current: 2.48

During the past years, King Polytechnic Engineering Co's highest Cyclically Adjusted PB Ratio was 4.22. The lowest was 0.64. And the median was 1.48.

ROCO:6122's Cyclically Adjusted PB Ratio is ranked worse than
74.25% of 1239 companies
in the Construction industry
Industry Median: 1.16 vs ROCO:6122: 2.48

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.

King Polytechnic Engineering Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$22.831. 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$19.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Polytechnic Engineering Co  (ROCO:6122) 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.


King Polytechnic Engineering Co Cyclically Adjusted PB Ratio Related Terms


King Polytechnic Engineering Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for King Polytechnic Engineering 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.

King Polytechnic Engineering Co Cyclically Adjusted PB Ratio Chart

King Polytechnic Engineering 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 0.75 1.00 3.50 2.89 2.67

King Polytechnic Engineering 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 2.75 2.66 2.67 2.58 2.47

ROCO:6122 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, King Polytechnic Engineering 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.


King Polytechnic Engineering Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, King Polytechnic Engineering Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where King Polytechnic Engineering Co's Cyclically Adjusted PB Ratio falls into.


ROCO:6122
84GF Score
King Polytechnic Engineering Co Ltd ROCO:6122
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King Polytechnic Engineering 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.

King Polytechnic Engineering Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=48.65/19.32
=2.52

* 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.

King Polytechnic Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, King Polytechnic Engineering 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)
=22.831/333.9520*333.9520
=22.831

Current CPI (Jun. 2026) = 333.9520.

King Polytechnic Engineering Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.272 241.428 16.975
201612 11.921 241.432 16.489
201703 12.023 243.801 16.469
201706 11.986 244.955 16.341
201709 12.473 246.819 16.876
201712 12.178 246.524 16.497
201803 11.768 249.554 15.748
201806 12.067 251.989 15.992
201809 12.694 252.439 16.793
201812 13.213 251.233 17.563
201903 14.018 254.202 18.416
201906 14.245 256.143 18.572
201909 14.288 256.759 18.584
201912 14.672 256.974 19.067
202003 14.510 258.115 18.773
202006 14.503 257.797 18.787
202009 14.452 260.280 18.543
202012 14.629 260.474 18.756
202103 14.589 264.877 18.394
202106 14.631 271.696 17.984
202109 14.494 274.310 17.645
202112 14.964 278.802 17.924
202203 15.277 287.504 17.745
202206 15.259 296.311 17.197
202209 15.769 296.808 17.742
202212 16.304 296.797 18.345
202303 17.088 301.836 18.906
202306 17.249 305.109 18.880
202309 18.842 307.789 20.444
202312 20.674 306.746 22.508
202403 18.581 312.332 19.867
202406 20.752 314.175 22.058
202409 22.237 315.301 23.552
202412 23.371 315.605 24.730
202503 22.377 319.799 23.367
202506 23.799 322.561 24.639
202509 24.065 324.800 24.743
202512 25.034 324.054 25.799
202603 21.931 330.213 22.179
202606 22.831 333.952 22.831

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 2.52 mean?
King Polytechnic Engineering Co (ROCO:6122) has a Cyclically Adjusted PB Ratio of 2.52 as of Aug. 29, 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 King Polytechnic Engineering Co and its competitors. This is 70% above median its historical median of 1.48. Over the past decade, King Polytechnic Engineering Co's Cyclically Adjusted PB Ratio has ranged from 0.64 to 4.22. According to the industry distribution chart, King Polytechnic Engineering Co ranks #920 out of 1239 companies in the Construction industry, placing it in the top 74.3%.
Is King Polytechnic Engineering Co's Cyclically Adjusted PB Ratio too high?
King Polytechnic Engineering Co's current Cyclically Adjusted PB Ratio of 2.52 is 70% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 4.22. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. King Polytechnic Engineering Co's value of 2.52 is 117.2% above this industry median. Based on the distribution chart, King Polytechnic Engineering Co ranks #920 out of 1239 companies in the Construction industry, which is below the industry midpoint. Overall, King Polytechnic Engineering Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does King Polytechnic Engineering Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, King Polytechnic Engineering Co ranks #920 out of 1239 companies for Cyclically Adjusted PB Ratio. This places King Polytechnic Engineering Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. King Polytechnic Engineering Co's value of 2.52 is 117.2% above this benchmark. Historically, King Polytechnic Engineering Co's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 4.22 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.16, King Polytechnic Engineering 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,239 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. King Polytechnic Engineering Co's current Cyclically Adjusted PB Ratio of 2.52 is 117.2% 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 King Polytechnic Engineering Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Polytechnic Engineering Co's current Cyclically Adjusted PB Ratio is 2.52, which is 70% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Polytechnic Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, King Polytechnic Engineering Co (ROCO:6122) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.61, compared to a current price of NT$48.65 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.52, which is 70% above median its 10-year median of 1.48 and 117.2% above the Construction industry median of 1.16. King Polytechnic Engineering Co's overall GF Score™ is 84/100 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 King Polytechnic Engineering Co (ROCO:6122), the current Cyclically Adjusted PB Ratio is 2.52 as of Aug. 29, 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 King Polytechnic Engineering Co (ROCO:6122) Overvalued in 2026?

Based on GuruFocus' analysis, King Polytechnic Engineering Co stock appears to be undervalued. The current stock price of NT$48.65 is trading 1.9% below its estimated GF Value™ of NT$49.61. GuruFocus considers King Polytechnic Engineering Co to be Fairly Valued.

Key valuation signals for ROCO:6122:

  • Cyclically Adjusted PB Ratio: 2.52 (70% above median its 10-year median of 1.48)
  • GF Value™: NT$49.61 vs. price of NT$48.65 (1.9% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 117.2% above the Construction median (#920 of 1239)

No single metric tells the full story. See the ROCO:6122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Polytechnic Engineering Co Business Description

Address Ruey Kuang Road, 5th Floor, No. 210, Neihu District, Taipei, TWN, 114
King Polytechnic Engineering Co Ltd is engaged in the design and installation of chemical machinery and sterile dust-free equipment, networking, investment, as well as production, sale, installation, and maintenance of high-tech purification equipment, civil construction, transportation and sale of sediments, trading in construction materials, development, leasing and sale of housing units and buildings, and others.
84GF Score

Get the complete analysis for ROCO:6122

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

NT$48.65
Price
NT$49.61
GF Value