Welldone Co (ROCO:6170) Cyclically Adjusted PB Ratio: 2.69 (As of Aug. 19, 2026) — Near Median

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ROCO:6170 Welldone Co Ltd ROCO:6170
76 GF Score
Price NT$47.80
GF Value NT$56.75
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Welldone Co Cyclically Adjusted PB Ratio?

Welldone Co ROCO:6170 +0.63% 76 Cyclically Adjusted PB Ratio is 2.69 as of Aug. 19, 2026, which is 2% above its 10-year median of 2.65. GuruFocus rates ROCO:6170 with a GF Score™ of 76/100 and a GF Value™ of NT$56.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 288 Telecommunication Services companies, Welldone Co ranks worse than 64.58% on this metric.

As of today (2026-08-19), Welldone Co's current share price is NT$47.80. Welldone Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$17.75. Welldone Co's Cyclically Adjusted PB Ratio for today is 2.69.

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

ROCO:6170' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.65   Max: 3.95
Current: 2.65

During the past years, Welldone Co's highest Cyclically Adjusted PB Ratio was 3.95. The lowest was 0.85. And the median was 2.65.

ROCO:6170's Cyclically Adjusted PB Ratio is ranked worse than
64.58% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.76 vs ROCO:6170: 2.65

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.

Welldone Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$18.919. 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$17.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Welldone Co  (ROCO:6170) 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.


Welldone Co Cyclically Adjusted PB Ratio Related Terms


Welldone Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Welldone 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.

Welldone Co Cyclically Adjusted PB Ratio Chart

Welldone 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 2.94 2.23 3.37 2.87 2.84

Welldone 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 3.19 3.02 2.95 2.84 2.85

ROCO:6170 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Welldone 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.


Welldone Co Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Welldone Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6170
76GF Score
Welldone Co Ltd ROCO:6170
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Welldone 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.80/17.75
=2.69

* 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.

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

For example, Welldone 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)
=18.919/330.2130*330.2130
=18.919

Current CPI (Mar. 2026) = 330.2130.

Welldone Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.567 241.018 17.218
201609 12.591 241.428 17.221
201612 12.858 241.432 17.586
201703 12.730 243.801 17.242
201706 12.606 244.955 16.994
201709 12.629 246.819 16.896
201712 12.682 246.524 16.987
201803 12.673 249.554 16.769
201806 12.586 251.989 16.493
201809 12.299 252.439 16.088
201812 12.423 251.233 16.328
201903 12.558 254.202 16.313
201906 12.739 256.143 16.423
201909 13.079 256.759 16.821
201912 13.279 256.974 17.064
202003 13.520 258.115 17.296
202006 12.975 257.797 16.620
202009 13.884 260.280 17.614
202012 14.244 260.474 18.058
202103 13.542 264.877 16.882
202106 13.770 271.696 16.736
202109 14.126 274.310 17.005
202112 14.968 278.802 17.728
202203 14.007 287.504 16.088
202206 15.020 296.311 16.738
202209 15.664 296.808 17.427
202212 16.003 296.797 17.805
202303 14.552 301.836 15.920
202306 15.404 305.109 16.671
202309 19.273 307.789 20.677
202312 19.398 306.746 20.882
202403 17.565 312.332 18.571
202406 18.006 314.175 18.925
202409 18.487 315.301 19.361
202412 20.017 315.605 20.944
202503 17.903 319.799 18.486
202506 18.700 322.561 19.144
202509 20.358 324.800 20.697
202512 21.903 324.054 22.319
202603 18.919 330.213 18.919

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 2.69 mean?
Welldone Co (ROCO:6170) has a Cyclically Adjusted PB Ratio of 2.69 as of Aug. 19, 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 Welldone Co and its competitors. This is near median its historical median of 2.65. Over the past decade, Welldone Co's Cyclically Adjusted PB Ratio has ranged from 0.85 to 3.95. According to the industry distribution chart, Welldone Co ranks #186 out of 288 companies in the Telecommunication Services industry, placing it in the top 64.6%.
Is Welldone Co's Cyclically Adjusted PB Ratio too high?
Welldone Co's current Cyclically Adjusted PB Ratio of 2.69 is near median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 3.95. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.76. Welldone Co's value of 2.69 is 52.8% above this industry median. Based on the distribution chart, Welldone Co ranks #186 out of 288 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Welldone Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Welldone Co's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Welldone Co ranks #186 out of 288 companies for Cyclically Adjusted PB Ratio. This places Welldone Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.76. Welldone Co's value of 2.69 is 52.8% above this benchmark. Historically, Welldone Co's own Cyclically Adjusted PB Ratio has ranged from 0.85 to 3.95 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.76, Welldone 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.76, based on 288 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. Welldone Co's current Cyclically Adjusted PB Ratio of 2.69 is 52.8% 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 Welldone Co and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welldone Co's current Cyclically Adjusted PB Ratio is 2.69, which is near median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welldone Co stock overvalued right now?
Based on GuruFocus' analysis, Welldone Co (ROCO:6170) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$56.75, compared to a current price of NT$47.80 — trading 15.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.69, which is near median its 10-year median of 2.65 and 52.8% above the Telecommunication Services industry median of 1.76. Welldone Co's overall GF Score™ is 76/100 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 Welldone Co (ROCO:6170), the current Cyclically Adjusted PB Ratio is 2.69 as of Aug. 19, 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 Welldone Co (ROCO:6170) Overvalued in 2026?

Based on GuruFocus' analysis, Welldone Co stock appears to be undervalued. The current stock price of NT$47.80 is trading 15.8% below its estimated GF Value™ of NT$56.75. GuruFocus considers Welldone Co to be Modestly Undervalued.

Key valuation signals for ROCO:6170:

  • Cyclically Adjusted PB Ratio: 2.69 (near median its 10-year median of 2.65)
  • GF Value™: NT$56.75 vs. price of NT$47.80 (15.8% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 52.8% above the Telecommunication Services median (#186 of 288)

No single metric tells the full story. See the ROCO:6170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Welldone Co Business Description

Address No 181, Anmei Street, Neihu District, Taipei, TWN, 11484
Welldone Co Ltd is engaged in the selling and distribution of OK prepaid SIM cards, telecommunication, foreign worker agency services, and remittance services for foreign workers.
76GF Score

Get the complete analysis for ROCO:6170

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

NT$47.80
Price
NT$56.75
GF Value