Li Hsuan Developmentnstruction Co (ROCO:6222) Cyclically Adjusted PB Ratio: 2.42 (As of Aug. 27, 2026) — 79% Above Median

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ROCO:6222 Li Hsuan Development & Construction Co Ltd ROCO:6222
57 GF Score
Price NT$20.05
GF Value NT$11.87
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Li Hsuan Developmentnstruction Co Cyclically Adjusted PB Ratio?

Li Hsuan Developmentnstruction Co ROCO:6222 -1.96% 57 Cyclically Adjusted PB Ratio is 2.42 as of Aug. 27, 2026, which is 79% above its 10-year median of 1.35. GuruFocus rates ROCO:6222 with a GF Score™ of 57/100 and a GF Value™ of NT$11.87 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 311 Furnishings, Fixtures & Appliances companies, Li Hsuan Developmentnstruction Co ranks worse than 72.35% on this metric.

As of today (2026-08-27), Li Hsuan Developmentnstruction Co's current share price is NT$20.05. Li Hsuan Developmentnstruction Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$8.30. Li Hsuan Developmentnstruction Co's Cyclically Adjusted PB Ratio for today is 2.42.

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

ROCO:6222' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.35   Max: 3.99
Current: 2.47

During the past years, Li Hsuan Developmentnstruction Co's highest Cyclically Adjusted PB Ratio was 3.99. The lowest was 0.71. And the median was 1.35.

ROCO:6222's Cyclically Adjusted PB Ratio is ranked worse than
72.35% of 311 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.16 vs ROCO:6222: 2.47

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.

Li Hsuan Developmentnstruction Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$12.677. 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$8.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Li Hsuan Developmentnstruction Co  (ROCO:6222) 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.


Li Hsuan Developmentnstruction Co Cyclically Adjusted PB Ratio Related Terms


Li Hsuan Developmentnstruction Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Li Hsuan Developmentnstruction 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.

Li Hsuan Developmentnstruction Co Cyclically Adjusted PB Ratio Chart

Li Hsuan Developmentnstruction 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 1.09 1.22 3.17 3.17 2.34

Li Hsuan Developmentnstruction 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 2.63 2.51 2.34 2.51 2.48

ROCO:6222 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Li Hsuan Developmentnstruction 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.


Li Hsuan Developmentnstruction Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Li Hsuan Developmentnstruction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6222
57GF Score
Li Hsuan Development & Construction Co Ltd ROCO:6222
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Li Hsuan Developmentnstruction 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.

Li Hsuan Developmentnstruction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.05/8.30
=2.42

* 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.

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

For example, Li Hsuan Developmentnstruction 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)
=12.677/333.9520*333.9520
=12.677

Current CPI (Jun. 2026) = 333.9520.

Li Hsuan Developmentnstruction Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.844 241.428 5.317
201612 3.634 241.432 5.027
201703 3.447 243.801 4.722
201706 5.055 244.955 6.892
201709 4.351 246.819 5.887
201712 4.048 246.524 5.484
201803 4.103 249.554 5.491
201806 4.858 251.989 6.438
201809 5.262 252.439 6.961
201812 5.248 251.233 6.976
201903 5.472 254.202 7.189
201906 5.607 256.143 7.310
201909 6.023 256.759 7.834
201912 5.926 256.974 7.701
202003 6.024 258.115 7.794
202006 6.474 257.797 8.386
202009 7.323 260.280 9.396
202012 7.495 260.474 9.609
202103 7.753 264.877 9.775
202106 7.832 271.696 9.627
202109 7.527 274.310 9.164
202112 7.144 278.802 8.557
202203 7.143 287.504 8.297
202206 7.064 296.311 7.961
202209 7.716 296.808 8.682
202212 7.606 296.797 8.558
202303 7.521 301.836 8.321
202306 7.450 305.109 8.154
202309 7.416 307.789 8.046
202312 7.103 306.746 7.733
202403 7.073 312.332 7.563
202406 7.026 314.175 7.468
202409 6.796 315.301 7.198
202412 6.696 315.605 7.085
202503 11.754 319.799 12.274
202506 11.628 322.561 12.039
202509 12.323 324.800 12.670
202512 12.222 324.054 12.595
202603 12.826 330.213 12.971
202606 12.677 333.952 12.677

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 2.42 mean?
Li Hsuan Developmentnstruction Co (ROCO:6222) has a Cyclically Adjusted PB Ratio of 2.42 as of Aug. 27, 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 Li Hsuan Developmentnstruction Co and its competitors. This is 79% above median its historical median of 1.35. Over the past decade, Li Hsuan Developmentnstruction Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 3.99. According to the industry distribution chart, Li Hsuan Developmentnstruction Co ranks #225 out of 311 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 72.3%.
Is Li Hsuan Developmentnstruction Co's Cyclically Adjusted PB Ratio too high?
Li Hsuan Developmentnstruction Co's current Cyclically Adjusted PB Ratio of 2.42 is 79% above median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 3.99. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.16. Li Hsuan Developmentnstruction Co's value of 2.42 is 108.6% above this industry median. Based on the distribution chart, Li Hsuan Developmentnstruction Co ranks #225 out of 311 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Li Hsuan Developmentnstruction Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Li Hsuan Developmentnstruction Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Li Hsuan Developmentnstruction Co ranks #225 out of 311 companies for Cyclically Adjusted PB Ratio. This places Li Hsuan Developmentnstruction Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Li Hsuan Developmentnstruction Co's value of 2.42 is 108.6% above this benchmark. Historically, Li Hsuan Developmentnstruction Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 3.99 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.16, Li Hsuan Developmentnstruction 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.16, based on 311 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. Li Hsuan Developmentnstruction Co's current Cyclically Adjusted PB Ratio of 2.42 is 108.6% 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 Li Hsuan Developmentnstruction Co and its competitors. For the Furnishings, Fixtures & Appliances 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. Li Hsuan Developmentnstruction Co's current Cyclically Adjusted PB Ratio is 2.42, which is 79% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Hsuan Developmentnstruction Co stock overvalued right now?
Based on GuruFocus' analysis, Li Hsuan Developmentnstruction Co (ROCO:6222) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$11.87, compared to a current price of NT$20.05 — trading 68.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is 79% above median its 10-year median of 1.35 and 108.6% above the Furnishings, Fixtures & Appliances industry median of 1.16. Li Hsuan Developmentnstruction Co's overall GF Score™ is 57/100 with 6 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 Li Hsuan Developmentnstruction Co (ROCO:6222), the current Cyclically Adjusted PB Ratio is 2.42 as of Aug. 27, 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 Li Hsuan Developmentnstruction Co (ROCO:6222) Overvalued in 2026?

Based on GuruFocus' analysis, Li Hsuan Developmentnstruction Co stock appears to be overvalued. The current stock price of NT$20.05 is trading 68.9% above its estimated GF Value™ of NT$11.87. GuruFocus considers Li Hsuan Developmentnstruction Co to be Significantly Overvalued.

Key valuation signals for ROCO:6222:

  • Cyclically Adjusted PB Ratio: 2.42 (79% above median its 10-year median of 1.35)
  • GF Value™: NT$11.87 vs. price of NT$20.05 (68.9% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 108.6% above the Furnishings, Fixtures & Appliances median (#225 of 311)

No single metric tells the full story. See the ROCO:6222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Li Hsuan Developmentnstruction Co Business Description

Address Section 8, Wenhua 1st Road, 1st Floor, No. 258, Linkou District, New Taipei City, TWN, 22161
Li Hsuan Development & Construction Co Ltd is engaged in the design, processing, manufacturing, sales of lighting equipment and the sales of electrical appliances.
57GF Score

Get the complete analysis for ROCO:6222

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

NT$20.05
Price
NT$11.87
GF Value