Ginar Technology Co (ROCO:6151) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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:6151 Ginar Technology Co Ltd ROCO:6151
71 GF Score
Price NT$35.20
GF Value NT$32.48
Valuation Fairly Valued
! 2 Warning Signs
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What is Ginar Technology Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ginar Technology Co  (ROCO:6151) 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.


Ginar Technology Co Cyclically Adjusted PB Ratio Related Terms


Ginar Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ginar Technology 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.

Ginar Technology Co Cyclically Adjusted PB Ratio Chart

Ginar Technology 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 1.92 1.28 1.28 1.84 1.49

Ginar Technology 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 1.34 1.40 1.50 1.45 1.84

ROCO:6151 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Ginar Technology 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.


Ginar Technology Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ginar Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6151
71GF Score
Ginar Technology Co Ltd ROCO:6151
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ginar Technology 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.

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

For example, Ginar Technology 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)
=18.624/333.9520*333.9520
=18.624

Current CPI (Jun. 2026) = 333.9520.

Ginar Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.099 241.428 23.652
201612 17.763 241.432 24.570
201703 17.901 243.801 24.520
201706 16.373 244.955 22.322
201709 16.956 246.819 22.942
201712 17.424 246.524 23.603
201803 17.820 249.554 23.847
201806 16.209 251.989 21.481
201809 16.205 252.439 21.438
201812 16.691 251.233 22.187
201903 17.108 254.202 22.475
201906 15.946 256.143 20.790
201909 16.011 256.759 20.825
201912 16.424 256.974 21.344
202003 16.816 258.115 21.757
202006 16.192 257.797 20.975
202009 16.844 260.280 21.612
202012 17.489 260.474 22.423
202103 18.537 264.877 23.371
202106 19.795 271.696 24.331
202109 18.796 274.310 22.883
202112 19.569 278.802 23.440
202203 20.497 287.504 23.808
202206 17.799 296.311 20.060
202209 18.392 296.808 20.694
202212 18.909 296.797 21.276
202303 19.345 301.836 21.403
202306 17.543 305.109 19.201
202309 18.184 307.789 19.730
202312 18.144 306.746 19.753
202403 17.155 312.332 18.342
202406 17.774 314.175 18.893
202409 18.167 315.301 19.242
202412 18.538 315.605 19.616
202503 17.532 319.799 18.308
202506 16.950 322.561 17.549
202509 17.443 324.800 17.934
202512 17.915 324.054 18.462
202603 17.374 330.213 17.571
202606 18.624 333.952 18.624

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 Ginar Technology Co (ROCO:6151) Overvalued in 2026?

Based on GuruFocus' analysis, Ginar Technology Co stock appears to be overvalued. The current stock price of NT$35.20 is trading 8.4% above its estimated GF Value™ of NT$32.48. GuruFocus considers Ginar Technology Co to be Fairly Valued.

Key valuation signals for ROCO:6151:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$32.48 vs. price of NT$35.20 (8.4% above fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ginar Technology Co Business Description

Address No. 250, Changfa Road, No.11, Nangang Village, Dayuan District, Taoyuan City, TWN, 33759
Ginar Technology Co Ltd mainly engages in the manufacturing, processing, and trading of rubber and plastic composite materials. The company is devoted to the research and development and production of engineering plastic and composite materials, including polyamide (PA), polypropylene (PP), polycarbonate (PC), as well as color mating technology to provide domestic and foreign industries with high value-added requirements. Its products include GITOP HPPA Engineering Plastics, MAPEX PA Engineering Plastics, APLAX PP Engineering Plastics, and KAPEX PC Engineering Plastics.
71GF Score

Get the complete analysis for ROCO:6151

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

NT$35.20
Price
NT$32.48
GF Value