Fu Chun Shin Machinery Manufacture Co (ROCO:6603) Cyclically Adjusted PB Ratio: 1.53 (As of Sep. 01, 2026) — 49% Above Median

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ROCO:6603 Fu Chun Shin Machinery Manufacture Co Ltd ROCO:6603
74 GF Score
Price NT$25.55
GF Value NT$20.98
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio?

Fu Chun Shin Machinery Manufacture Co ROCO:6603 +0.59% 74 Cyclically Adjusted PB Ratio is 1.53 as of Sep. 01, 2026, which is 49% above its 10-year median of 1.03. GuruFocus rates ROCO:6603 with a GF Score™ of 74/100 and a GF Value™ of NT$20.98 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,104 Industrial Products companies, Fu Chun Shin Machinery Manufacture Co ranks better than 61.31% on this metric.

As of today (2026-09-01), Fu Chun Shin Machinery Manufacture Co's current share price is NT$25.55. Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$16.70. Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio for today is 1.53.

The historical rank and industry rank for Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:6603' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.03   Max: 2.05
Current: 1.58

During the past years, Fu Chun Shin Machinery Manufacture Co's highest Cyclically Adjusted PB Ratio was 2.05. The lowest was 0.58. And the median was 1.03.

ROCO:6603's Cyclically Adjusted PB Ratio is ranked better than
61.31% of 2104 companies
in the Industrial Products industry
Industry Median: 2.15 vs ROCO:6603: 1.58

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.

Fu Chun Shin Machinery Manufacture Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$15.937. 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$16.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fu Chun Shin Machinery Manufacture Co  (ROCO:6603) 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.


Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio Related Terms


Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fu Chun Shin Machinery Manufacture 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.

Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio Chart

Fu Chun Shin Machinery Manufacture 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 1.20 1.06 0.98 1.02 1.65

Fu Chun Shin Machinery Manufacture 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 1.01 1.01 1.65 1.26 1.37

ROCO:6603 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Fu Chun Shin Machinery Manufacture 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.


Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio falls into.


ROCO:6603
74GF Score
Fu Chun Shin Machinery Manufacture Co Ltd ROCO:6603
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fu Chun Shin Machinery Manufacture 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.

Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.55/16.70
=1.53

* 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.

Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fu Chun Shin Machinery Manufacture 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)
=15.937/333.9520*333.9520
=15.937

Current CPI (Jun. 2026) = 333.9520.

Fu Chun Shin Machinery Manufacture Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.067 241.428 19.458
201612 13.418 241.432 18.560
201703 13.336 243.801 18.267
201706 13.384 244.955 18.247
201709 13.976 246.819 18.910
201712 14.754 246.524 19.986
201803 14.501 249.554 19.405
201806 13.685 251.989 18.136
201809 13.466 252.439 17.814
201812 13.653 251.233 18.148
201903 13.977 254.202 18.362
201906 13.455 256.143 17.542
201909 12.995 256.759 16.902
201912 12.803 256.974 16.638
202003 12.110 258.115 15.668
202006 11.909 257.797 15.427
202009 12.608 260.280 16.177
202012 12.961 260.474 16.617
202103 13.085 264.877 16.497
202106 13.150 271.696 16.163
202109 13.348 274.310 16.250
202112 13.563 278.802 16.246
202203 14.197 287.504 16.491
202206 14.125 296.311 15.919
202209 14.546 296.808 16.366
202212 14.530 296.797 16.349
202303 14.625 301.836 16.181
202306 13.976 305.109 15.297
202309 14.313 307.789 15.530
202312 14.125 306.746 15.378
202403 14.265 312.332 15.252
202406 14.445 314.175 15.354
202409 15.046 315.301 15.936
202412 14.920 315.605 15.787
202503 15.345 319.799 16.024
202506 13.456 322.561 13.931
202509 14.303 324.800 14.706
202512 15.471 324.054 15.944
202603 15.905 330.213 16.085
202606 15.937 333.952 15.937

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 1.53 mean?
Fu Chun Shin Machinery Manufacture Co (ROCO:6603) has a Cyclically Adjusted PB Ratio of 1.53 as of Sep. 01, 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 Fu Chun Shin Machinery Manufacture Co and its competitors. This is 49% above median its historical median of 1.03. Over the past decade, Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio has ranged from 0.58 to 2.05. According to the industry distribution chart, Fu Chun Shin Machinery Manufacture Co ranks #814 out of 2104 companies in the Industrial Products industry, placing it in the top 38.7%.
Is Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio too high?
Fu Chun Shin Machinery Manufacture Co's current Cyclically Adjusted PB Ratio of 1.53 is 49% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.05. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.15. Fu Chun Shin Machinery Manufacture Co's value of 1.53 is 28.8% below this industry median. Based on the distribution chart, Fu Chun Shin Machinery Manufacture Co ranks #814 out of 2104 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Fu Chun Shin Machinery Manufacture Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Fu Chun Shin Machinery Manufacture Co ranks #814 out of 2104 companies for Cyclically Adjusted PB Ratio. This puts Fu Chun Shin Machinery Manufacture Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Fu Chun Shin Machinery Manufacture Co's value of 1.53 is 28.8% below this benchmark. Historically, Fu Chun Shin Machinery Manufacture Co's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 2.05 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 2.15, Fu Chun Shin Machinery Manufacture 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.15, based on 2,104 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. Fu Chun Shin Machinery Manufacture Co's current Cyclically Adjusted PB Ratio of 1.53 is 28.8% 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 Fu Chun Shin Machinery Manufacture Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fu Chun Shin Machinery Manufacture Co's current Cyclically Adjusted PB Ratio is 1.53, which is 49% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fu Chun Shin Machinery Manufacture Co stock overvalued right now?
Based on GuruFocus' analysis, Fu Chun Shin Machinery Manufacture Co (ROCO:6603) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$20.98, compared to a current price of NT$25.55 — trading 21.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.53, which is 49% above median its 10-year median of 1.03 and 28.8% below the Industrial Products industry median of 2.15. Fu Chun Shin Machinery Manufacture Co'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 Fu Chun Shin Machinery Manufacture Co (ROCO:6603), the current Cyclically Adjusted PB Ratio is 1.53 as of Sep. 01, 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 Fu Chun Shin Machinery Manufacture Co (ROCO:6603) Overvalued in 2026?

Based on GuruFocus' analysis, Fu Chun Shin Machinery Manufacture Co stock appears to be overvalued. The current stock price of NT$25.55 is trading 21.8% above its estimated GF Value™ of NT$20.98. GuruFocus considers Fu Chun Shin Machinery Manufacture Co to be Modestly Overvalued.

Key valuation signals for ROCO:6603:

  • Cyclically Adjusted PB Ratio: 1.53 (49% above median its 10-year median of 1.03)
  • GF Value™: NT$20.98 vs. price of NT$25.55 (21.8% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 28.8% below the Industrial Products median (#814 of 2104)

No single metric tells the full story. See the ROCO:6603 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fu Chun Shin Machinery Manufacture Co Business Description

Address No.269, Bao Dong Road, Pitou Village, Guanmiao District, Tainan, TWN, 718
Fu Chun Shin Machinery Manufacture Co Ltd is a Taiwan-based company mainly engaged in the manufacturing, repair, processing, and trading of plastic injection machines and tooling, plastic products, electric wires, and cables.
74GF Score

Get the complete analysis for ROCO:6603

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

NT$25.55
Price
NT$20.98
GF Value