Full Wang International Development Co (ROCO:6219) Cyclically Adjusted PB Ratio: 0.67 (As of Aug. 25, 2026) — 52% Below Median

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ROCO:6219 Full Wang International Development Co Ltd ROCO:6219
51 GF Score
Price NT$12.30
GF Value NT$33.54
Valuation Possible Value Trap
! 10 Warning Signs
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What is Full Wang International Development Co Cyclically Adjusted PB Ratio?

Full Wang International Development Co ROCO:6219 51 Cyclically Adjusted PB Ratio is 0.67 as of Aug. 25, 2026, which is 52% below its 10-year median of 1.39. GuruFocus rates ROCO:6219 with a GF Score™ of 51/100 and a GF Value™ of NT$33.54 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,352 Real Estate companies, Full Wang International Development Co ranks better than 51.04% on this metric.

As of today (2026-08-25), Full Wang International Development Co's current share price is NT$12.30. Full Wang International Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$18.41. Full Wang International Development Co's Cyclically Adjusted PB Ratio for today is 0.67.

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

ROCO:6219' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.39   Max: 2.78
Current: 0.67

During the past years, Full Wang International Development Co's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 0.65. And the median was 1.39.

ROCO:6219's Cyclically Adjusted PB Ratio is ranked better than
51.04% of 1352 companies
in the Real Estate industry
Industry Median: 0.675 vs ROCO:6219: 0.67

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.

Full Wang International Development Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$15.868. 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$18.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Full Wang International Development Co  (ROCO:6219) 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.


Full Wang International Development Co Cyclically Adjusted PB Ratio Related Terms


Full Wang International Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Full Wang International Development 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.

Full Wang International Development Co Cyclically Adjusted PB Ratio Chart

Full Wang International Development 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 1.49 0.85 1.30 2.24 1.11

Full Wang International Development 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 1.17 1.13 1.11 0.78 0.70

Full Wang International Development Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Full Wang International Development 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.


Full Wang International Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Full Wang International Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Full Wang International Development Co's Cyclically Adjusted PB Ratio falls into.


ROCO:6219
51GF Score
Full Wang International Development Co Ltd ROCO:6219
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Full Wang International Development 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.

Full Wang International Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.30/18.41
=0.67

* 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.

Full Wang International Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Full Wang International Development 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)
=15.868/333.9520*333.9520
=15.868

Current CPI (Jun. 2026) = 333.9520.

Full Wang International Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.865 241.428 21.945
201612 16.524 241.432 22.856
201703 16.164 243.801 22.141
201706 16.242 244.955 22.143
201709 16.171 246.819 21.880
201712 17.830 246.524 24.153
201803 17.037 249.554 22.799
201806 15.722 251.989 20.836
201809 16.193 252.439 21.422
201812 17.773 251.233 23.625
201903 18.186 254.202 23.891
201906 16.926 256.143 22.068
201909 17.683 256.759 22.999
201912 17.986 256.974 23.374
202003 14.268 258.115 18.460
202006 16.268 257.797 21.074
202009 17.316 260.280 22.217
202012 20.524 260.474 26.314
202103 17.295 264.877 21.805
202106 18.131 271.696 22.286
202109 15.622 274.310 19.019
202112 18.192 278.802 21.791
202203 15.003 287.504 17.427
202206 10.578 296.311 11.922
202209 9.488 296.808 10.675
202212 8.357 296.797 9.403
202303 8.396 301.836 9.289
202306 9.759 305.109 10.682
202309 10.166 307.789 11.030
202312 11.917 306.746 12.974
202403 12.105 312.332 12.943
202406 13.597 314.175 14.453
202409 13.463 315.301 14.259
202412 16.831 315.605 17.809
202503 15.382 319.799 16.063
202506 14.448 322.561 14.958
202509 13.771 324.800 14.159
202512 15.918 324.054 16.404
202603 16.660 330.213 16.849
202606 15.868 333.952 15.868

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 0.67 mean?
Full Wang International Development Co (ROCO:6219) has a Cyclically Adjusted PB Ratio of 0.67 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 Full Wang International Development Co and its competitors. This is 52% below median its historical median of 1.39. Over the past decade, Full Wang International Development Co's Cyclically Adjusted PB Ratio has ranged from 0.65 to 2.78. According to the industry distribution chart, Full Wang International Development Co ranks #662 out of 1352 companies in the Real Estate industry, placing it in the top 49%.
Is Full Wang International Development Co's Cyclically Adjusted PB Ratio too high?
Full Wang International Development Co's current Cyclically Adjusted PB Ratio of 0.67 is 52% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.78. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Full Wang International Development Co's value of 0.67 is 0.7% below this industry median. Based on the distribution chart, Full Wang International Development Co ranks #662 out of 1352 companies in the Real Estate industry, which is above the industry midpoint. Overall, Full Wang International Development Co has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Full Wang International Development Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Full Wang International Development Co ranks #662 out of 1352 companies for Cyclically Adjusted PB Ratio. This puts Full Wang International Development Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Full Wang International Development Co's value of 0.67 is 0.7% below this benchmark. Historically, Full Wang International Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 2.78 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.68, Full Wang International Development Co 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 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. Full Wang International Development Co's current Cyclically Adjusted PB Ratio of 0.67 is 0.7% 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 Full Wang International Development 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. Full Wang International Development Co's current Cyclically Adjusted PB Ratio is 0.67, which is 52% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Wang International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Full Wang International Development Co (ROCO:6219) is currently considered Possible Value Trap. The stock's GF Value™ is NT$33.54, compared to a current price of NT$12.30 — trading 63.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.67, which is 52% below median its 10-year median of 1.39 and 0.7% below the Real Estate industry median of 0.68. Full Wang International Development Co's overall GF Score™ is 51/100 with 10 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 Full Wang International Development Co (ROCO:6219), the current Cyclically Adjusted PB Ratio is 0.67 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 Full Wang International Development Co (ROCO:6219) Overvalued in 2026?

Based on GuruFocus' analysis, Full Wang International Development Co stock appears to be undervalued. The current stock price of NT$12.30 is trading 63.3% below its estimated GF Value™ of NT$33.54. GuruFocus considers Full Wang International Development Co to be Possible Value Trap.

Key valuation signals for ROCO:6219:

  • Cyclically Adjusted PB Ratio: 0.67 (52% below median its 10-year median of 1.39)
  • GF Value™: NT$33.54 vs. price of NT$12.30 (63.3% below fair value)
  • GF Score™: 51/100 with 10 warning signs
  • Industry Position: 0.7% below the Real Estate median (#662 of 1352)

No single metric tells the full story. See the ROCO:6219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Full Wang International Development Co Business Description

Address Dalong Road, 403, 4th floor, building A, No: 20, West District, Taichung, TWN, 40310
Full Wang International Development Co Ltd is a real estate development company engaged in the construction, development, sales, lease, agency, and consignment of real estate.
51GF Score

Get the complete analysis for ROCO:6219

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

NT$12.30
Price
NT$33.54
GF Value