Bull Will Co (ROCO:6259) Cyclically Adjusted PB Ratio: 2.39 (As of Aug. 17, 2026) — 241% Above Median

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ROCO:6259 Bull Will Co Ltd ROCO:6259
70 GF Score
Price NT$33.45
GF Value NT$19.26
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Bull Will Co Cyclically Adjusted PB Ratio?

Bull Will Co ROCO:6259 +4.53% 70 Cyclically Adjusted PB Ratio is 2.39 as of Aug. 17, 2026, which is 241% above its 10-year median of 0.70. GuruFocus rates ROCO:6259 with a GF Score™ of 70/100 and a GF Value™ of NT$19.26 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,962 Hardware companies, Bull Will Co ranks worse than 54.13% on this metric.

As of today (2026-08-17), Bull Will Co's current share price is NT$33.45. Bull Will Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$13.98. Bull Will Co's Cyclically Adjusted PB Ratio for today is 2.39.

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

ROCO:6259' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.7   Max: 3
Current: 2.39

During the past years, Bull Will Co's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 0.28. And the median was 0.70.

ROCO:6259's Cyclically Adjusted PB Ratio is ranked worse than
54.13% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs ROCO:6259: 2.39

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.

Bull Will Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$14.621. 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$13.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bull Will Co  (ROCO:6259) 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.


Bull Will Co Cyclically Adjusted PB Ratio Related Terms


Bull Will Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bull Will 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.

Bull Will Co Cyclically Adjusted PB Ratio Chart

Bull Will 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 0.78 0.60 0.81 0.98 1.29

Bull Will 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 0.94 0.97 1.05 1.29 1.23

ROCO:6259 vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Bull Will 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.


Bull Will Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Bull Will Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6259
70GF Score
Bull Will Co Ltd ROCO:6259
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bull Will 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.45/13.98
=2.39

* 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.

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

For example, Bull Will 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)
=14.621/330.2130*330.2130
=14.621

Current CPI (Mar. 2026) = 330.2130.

Bull Will Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.517 241.018 19.889
201609 13.387 241.428 18.310
201612 12.145 241.432 16.611
201703 10.932 243.801 14.807
201706 10.632 244.955 14.333
201709 13.271 246.819 17.755
201712 8.233 246.524 11.028
201803 7.742 249.554 10.244
201806 7.416 251.989 9.718
201809 7.129 252.439 9.325
201812 7.099 251.233 9.331
201903 7.063 254.202 9.175
201906 10.891 256.143 14.040
201909 10.690 256.759 13.748
201912 11.086 256.974 14.246
202003 11.143 258.115 14.256
202006 11.186 257.797 14.328
202009 10.889 260.280 13.815
202012 11.468 260.474 14.538
202103 11.563 264.877 14.415
202106 11.246 271.696 13.668
202109 11.722 274.310 14.111
202112 12.617 278.802 14.944
202203 12.946 287.504 14.869
202206 12.858 296.311 14.329
202209 13.291 296.808 14.787
202212 13.032 296.797 14.499
202303 13.132 301.836 14.367
202306 13.569 305.109 14.685
202309 13.116 307.789 14.072
202312 13.157 306.746 14.164
202403 13.308 312.332 14.070
202406 13.281 314.175 13.959
202409 13.293 315.301 13.922
202412 13.382 315.605 14.001
202503 13.744 319.799 14.192
202506 13.347 322.561 13.664
202509 13.659 324.800 13.887
202512 14.105 324.054 14.373
202603 14.621 330.213 14.621

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 2.39 mean?
Bull Will Co (ROCO:6259) has a Cyclically Adjusted PB Ratio of 2.39 as of Aug. 17, 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 Bull Will Co and its competitors. This is 241% above median its historical median of 0.70. Over the past decade, Bull Will Co's Cyclically Adjusted PB Ratio has ranged from 0.28 to 3.00. According to the industry distribution chart, Bull Will Co ranks #1062 out of 1962 companies in the Hardware industry, placing it in the top 54.1%.
Is Bull Will Co's Cyclically Adjusted PB Ratio too high?
Bull Will Co's current Cyclically Adjusted PB Ratio of 2.39 is 241% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 3.00. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. Bull Will Co's value of 2.39 is 13% above this industry median. Based on the distribution chart, Bull Will Co ranks #1062 out of 1962 companies in the Hardware industry, which is below the industry midpoint. Overall, Bull Will Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bull Will Co's Cyclically Adjusted PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Bull Will Co ranks #1062 out of 1962 companies for Cyclically Adjusted PB Ratio. This places Bull Will Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Bull Will Co's value of 2.39 is 13% above this benchmark. Historically, Bull Will Co's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 3.00 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 2.12, Bull Will 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.12, based on 1,962 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. Bull Will Co's current Cyclically Adjusted PB Ratio of 2.39 is 13% 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 Bull Will Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bull Will Co's current Cyclically Adjusted PB Ratio is 2.39, which is 241% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bull Will Co stock overvalued right now?
Based on GuruFocus' analysis, Bull Will Co (ROCO:6259) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.26, compared to a current price of NT$33.45 — trading 73.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.39, which is 241% above median its 10-year median of 0.70 and 13% above the Hardware industry median of 2.12. Bull Will Co's overall GF Score™ is 70/100 with 2 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 Bull Will Co (ROCO:6259), the current Cyclically Adjusted PB Ratio is 2.39 as of Aug. 17, 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 Bull Will Co (ROCO:6259) Overvalued in 2026?

Based on GuruFocus' analysis, Bull Will Co stock appears to be overvalued. The current stock price of NT$33.45 is trading 73.7% above its estimated GF Value™ of NT$19.26. GuruFocus considers Bull Will Co to be Significantly Overvalued.

Key valuation signals for ROCO:6259:

  • Cyclically Adjusted PB Ratio: 2.39 (241% above median its 10-year median of 0.70)
  • GF Value™: NT$19.26 vs. price of NT$33.45 (73.7% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 13% above the Hardware median (#1062 of 1962)

No single metric tells the full story. See the ROCO:6259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bull Will Co Business Description

Address Ruihu Street, No. 199, 3rd Floor, Neihu District, Taipei, TWN, 114
Bull Will Co Ltd is a Taiwan-based company that engages in the manufacture and sale of electronic equipment and electronic materials. Its products are categorized under Transformers, EMI / EMC Solution Parts, Power Inductors, LEDs(light-emitting diodes), and other products. Component products have a wide range of applications, including inductors, line protection components, high-power inductors for the industrial and electric industries, and custom components.
70GF Score

Get the complete analysis for ROCO:6259

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

NT$33.45
Price
NT$19.26
GF Value