Huikwang (ROCO:6508) Cyclically Adjusted PB Ratio: 0.81 (As of Aug. 15, 2026) — 30% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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ROCO:6508 Huikwang Corp ROCO:6508
74 GF Score
Price NT$25.75
GF Value NT$26.17
Valuation Fairly Valued
! 7 Warning Signs
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What is Huikwang Cyclically Adjusted PB Ratio?

Huikwang ROCO:6508 -2.28% 74 Cyclically Adjusted PB Ratio is 0.81 as of Aug. 15, 2026, which is 30% below its 10-year median of 1.15. GuruFocus rates ROCO:6508 with a GF Score™ of 74/100 and a GF Value™ of NT$26.17 (Fairly Valued). The stock has 7 warning signs investors should review. Among 186 Agriculture companies, Huikwang ranks better than 69.35% on this metric.

As of today (2026-08-15), Huikwang's current share price is NT$25.75. Huikwang's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$31.71. Huikwang's Cyclically Adjusted PB Ratio for today is 0.81.

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

ROCO:6508' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.15   Max: 2.04
Current: 0.84

During the past years, Huikwang's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 0.74. And the median was 1.15.

ROCO:6508's Cyclically Adjusted PB Ratio is ranked better than
69.35% of 186 companies
in the Agriculture industry
Industry Median: 1.41 vs ROCO:6508: 0.84

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.

Huikwang's adjusted book value per share data for the three months ended in Mar. 2026 was NT$27.661. 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$31.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huikwang  (ROCO:6508) 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.


Huikwang Cyclically Adjusted PB Ratio Related Terms


Huikwang Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Huikwang'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.

Huikwang Cyclically Adjusted PB Ratio Chart

Huikwang 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 1.19 1.22 1.14 0.95 0.76

Huikwang 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 0.91 0.87 0.79 0.76 0.88

ROCO:6508 vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Huikwang'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.


Huikwang Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Huikwang's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6508
74GF Score
Huikwang Corp ROCO:6508
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huikwang 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.

Huikwang's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.75/31.71
=0.81

* 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.

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

For example, Huikwang'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)
=27.661/330.2130*330.2130
=27.661

Current CPI (Mar. 2026) = 330.2130.

Huikwang Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.071 241.018 32.979
201609 24.123 241.428 32.994
201612 24.405 241.432 33.379
201703 24.243 243.801 32.836
201706 23.728 244.955 31.987
201709 24.309 246.819 32.522
201712 24.536 246.524 32.865
201803 24.949 249.554 33.013
201806 24.616 251.989 32.257
201809 24.704 252.439 32.315
201812 25.236 251.233 33.169
201903 26.209 254.202 34.046
201906 25.766 256.143 33.217
201909 26.071 256.759 33.529
201912 26.199 256.974 33.666
202003 25.414 258.115 32.513
202006 26.056 257.797 33.375
202009 26.374 260.280 33.460
202012 26.669 260.474 33.809
202103 25.777 264.877 32.135
202106 27.835 271.696 33.830
202109 28.100 274.310 33.827
202112 28.626 278.802 33.905
202203 27.193 287.504 31.233
202206 28.180 296.311 31.404
202209 29.608 296.808 32.940
202212 29.607 296.797 32.940
202303 27.592 301.836 30.186
202306 27.614 305.109 29.886
202309 28.253 307.789 30.311
202312 27.944 306.746 30.082
202403 27.544 312.332 29.121
202406 28.055 314.175 29.487
202409 28.356 315.301 29.697
202412 28.330 315.605 29.641
202503 27.884 319.799 28.792
202506 26.848 322.561 27.485
202509 27.316 324.800 27.771
202512 27.703 324.054 28.230
202603 27.661 330.213 27.661

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 0.81 mean?
Huikwang (ROCO:6508) has a Cyclically Adjusted PB Ratio of 0.81 as of Aug. 15, 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 Huikwang and its competitors. This is 30% below median its historical median of 1.15. Over the past decade, Huikwang's Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.04. According to the industry distribution chart, Huikwang ranks #57 out of 186 companies in the Agriculture industry, placing it in the top 30.6%.
Is Huikwang's Cyclically Adjusted PB Ratio too high?
Huikwang's current Cyclically Adjusted PB Ratio of 0.81 is 30% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.04. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.41. Huikwang's value of 0.81 is 42.6% below this industry median. Based on the distribution chart, Huikwang ranks #57 out of 186 companies in the Agriculture industry, which is above the industry midpoint. Overall, Huikwang has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huikwang's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Huikwang ranks #57 out of 186 companies for Cyclically Adjusted PB Ratio. This puts Huikwang in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Huikwang's value of 0.81 is 42.6% below this benchmark. Historically, Huikwang's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.04 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.41, Huikwang 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.41, based on 186 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. Huikwang's current Cyclically Adjusted PB Ratio of 0.81 is 42.6% 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 Huikwang and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huikwang's current Cyclically Adjusted PB Ratio is 0.81, which is 30% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huikwang stock overvalued right now?
Based on GuruFocus' analysis, Huikwang (ROCO:6508) is currently considered Fairly Valued. The stock's GF Value™ is NT$26.17, compared to a current price of NT$25.75 — trading 1.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.81, which is 30% below median its 10-year median of 1.15 and 42.6% below the Agriculture industry median of 1.41. Huikwang's overall GF Score™ is 74/100 with 7 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 Huikwang (ROCO:6508), the current Cyclically Adjusted PB Ratio is 0.81 as of Aug. 15, 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 Huikwang (ROCO:6508) Overvalued in 2026?

Based on GuruFocus' analysis, Huikwang stock appears to be undervalued. The current stock price of NT$25.75 is trading 1.6% below its estimated GF Value™ of NT$26.17. GuruFocus considers Huikwang to be Fairly Valued.

Key valuation signals for ROCO:6508:

  • Cyclically Adjusted PB Ratio: 0.81 (30% below median its 10-year median of 1.15)
  • GF Value™: NT$26.17 vs. price of NT$25.75 (1.6% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 42.6% below the Agriculture median (#57 of 186)

No single metric tells the full story. See the ROCO:6508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huikwang Business Description

Address Majia Road, No. 259, Section 1, Madou District, Tainan, TWN, 721010
Huikwang Corp is engaged in the manufacture, processing, packing, and trading of various pesticides, fertilizers, and public health pesticides, manufacture of plastic sheets, fabrics, pipes, and tubes, manufacture of plastic films and bags, manufacture of the industrial plastic products, and the import and export of the aforementioned products. The operating segments of the group are Agro technology, Environmental science, and Others. Geographically, it has a presence in Taiwan, Mainland China, Brazil, Thailand, Australia, Vietnam, Japan, Philippines, South Africa, Indonesia, America, and Others.
74GF Score

Get the complete analysis for ROCO:6508

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

NT$25.75
Price
NT$26.17
GF Value