SCAN-D (ROCO:6195) Cyclically Adjusted PB Ratio: 0.98 (As of Sep. 03, 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:6195 SCAN-D Corp ROCO:6195
76 GF Score
Price NT$27.85
GF Value NT$35.23
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is SCAN-D Cyclically Adjusted PB Ratio?

SCAN-D ROCO:6195 +0.18% 76 Cyclically Adjusted PB Ratio is 0.98 as of Sep. 03, 2026, which is 42% below its 10-year median of 1.70. GuruFocus rates ROCO:6195 with a GF Score™ of 76/100 and a GF Value™ of NT$35.23 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 756 Retail - Cyclical companies, SCAN-D ranks better than 58.6% on this metric.

As of today (2026-09-03), SCAN-D's current share price is NT$27.85. SCAN-D's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$28.54. SCAN-D's Cyclically Adjusted PB Ratio for today is 0.98.

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

ROCO:6195' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.7   Max: 2.88
Current: 0.98

During the past years, SCAN-D's highest Cyclically Adjusted PB Ratio was 2.88. The lowest was 0.84. And the median was 1.70.

ROCO:6195's Cyclically Adjusted PB Ratio is ranked better than
58.6% of 756 companies
in the Retail - Cyclical industry
Industry Median: 1.245 vs ROCO:6195: 0.98

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.

SCAN-D's adjusted book value per share data for the three months ended in Jun. 2026 was NT$26.601. 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$28.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SCAN-D  (ROCO:6195) 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.


SCAN-D Cyclically Adjusted PB Ratio Related Terms


SCAN-D Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SCAN-D'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.

SCAN-D Cyclically Adjusted PB Ratio Chart

SCAN-D 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 2.32 1.70 1.61 1.28 0.93

SCAN-D 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 1.03 1.02 0.93 0.88 0.88

ROCO:6195 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, SCAN-D'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.


SCAN-D Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SCAN-D's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SCAN-D's Cyclically Adjusted PB Ratio falls into.


ROCO:6195
76GF Score
SCAN-D Corp ROCO:6195
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SCAN-D 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.

SCAN-D's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.85/28.54
=0.98

* 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.

SCAN-D's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, SCAN-D'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)
=26.601/333.9520*333.9520
=26.601

Current CPI (Jun. 2026) = 333.9520.

SCAN-D Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.552 241.428 24.279
201612 19.237 241.432 26.609
201703 20.356 243.801 27.883
201706 18.635 244.955 25.405
201709 20.028 246.819 27.098
201712 22.063 246.524 29.887
201803 24.093 249.554 32.241
201806 21.023 251.989 27.861
201809 21.714 252.439 28.725
201812 22.603 251.233 30.045
201903 23.161 254.202 30.427
201906 20.362 256.143 26.547
201909 20.744 256.759 26.981
201912 21.821 256.974 28.358
202003 22.408 258.115 28.992
202006 21.077 257.797 27.303
202009 22.641 260.280 29.050
202012 25.025 260.474 32.084
202103 27.456 264.877 34.616
202106 24.242 271.696 29.797
202109 25.249 274.310 30.739
202112 27.289 278.802 32.687
202203 28.957 287.504 33.635
202206 25.561 296.311 28.808
202209 26.332 296.808 29.627
202212 27.619 296.797 31.077
202303 24.971 301.836 27.628
202306 25.523 305.109 27.936
202309 25.980 307.789 28.188
202312 26.408 306.746 28.750
202403 25.350 312.332 27.105
202406 25.254 314.175 26.844
202409 25.729 315.301 27.251
202412 26.246 315.605 27.772
202503 25.601 319.799 26.734
202506 25.356 322.561 26.251
202509 25.568 324.800 26.288
202512 25.839 324.054 26.628
202603 26.410 330.213 26.709
202606 26.601 333.952 26.601

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 0.98 mean?
SCAN-D (ROCO:6195) has a Cyclically Adjusted PB Ratio of 0.98 as of Sep. 03, 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 SCAN-D and its competitors. This is 42% below median its historical median of 1.70. Over the past decade, SCAN-D's Cyclically Adjusted PB Ratio has ranged from 0.84 to 2.88. According to the industry distribution chart, SCAN-D ranks #313 out of 756 companies in the Retail - Cyclical industry, placing it in the top 41.4%.
Is SCAN-D's Cyclically Adjusted PB Ratio too high?
SCAN-D's current Cyclically Adjusted PB Ratio of 0.98 is 42% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.88. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. SCAN-D's value of 0.98 is 21.3% below this industry median. Based on the distribution chart, SCAN-D ranks #313 out of 756 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, SCAN-D has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SCAN-D's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, SCAN-D ranks #313 out of 756 companies for Cyclically Adjusted PB Ratio. This puts SCAN-D in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. SCAN-D's value of 0.98 is 21.3% below this benchmark. Historically, SCAN-D's own Cyclically Adjusted PB Ratio has ranged from 0.84 to 2.88 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.25, SCAN-D 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 756 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. SCAN-D's current Cyclically Adjusted PB Ratio of 0.98 is 21.3% 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 SCAN-D and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SCAN-D's current Cyclically Adjusted PB Ratio is 0.98, which is 42% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SCAN-D stock overvalued right now?
Based on GuruFocus' analysis, SCAN-D (ROCO:6195) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$35.23, compared to a current price of NT$27.85 — trading 20.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is 42% below median its 10-year median of 1.70 and 21.3% below the Retail - Cyclical industry median of 1.25. SCAN-D's overall GF Score™ is 76/100 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 SCAN-D (ROCO:6195), the current Cyclically Adjusted PB Ratio is 0.98 as of Sep. 03, 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 SCAN-D (ROCO:6195) Overvalued in 2026?

Based on GuruFocus' analysis, SCAN-D stock appears to be undervalued. The current stock price of NT$27.85 is trading 20.9% below its estimated GF Value™ of NT$35.23. GuruFocus considers SCAN-D to be Modestly Undervalued.

Key valuation signals for ROCO:6195:

  • Cyclically Adjusted PB Ratio: 0.98 (42% below median its 10-year median of 1.70)
  • GF Value™: NT$35.23 vs. price of NT$27.85 (20.9% below fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 21.3% below the Retail - Cyclical median (#313 of 756)

No single metric tells the full story. See the ROCO:6195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SCAN-D Business Description

Address No. 69, Dinghu 1st Street, Gueishan District, Taoyuan, TWN, 333
SCAN-D Corp is engaged in the wholesale and retail business of furniture, bedding, kitchen equipment, and fixtures. It generates revenue from sales of commodities and flooring. The company derives its key revenue from Taiwan and the rest from Singapore.
76GF Score

Get the complete analysis for ROCO:6195

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

NT$27.85
Price
NT$35.23
GF Value