Thai Kin Co (ROCO:6629) Cyclically Adjusted PB Ratio: 3.71 (As of Aug. 07, 2026) — Near Median

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ROCO:6629 Thai Kin Co Ltd ROCO:6629
93 GF Score
Price NT$106.50
GF Value NT$133.66
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Thai Kin Co Cyclically Adjusted PB Ratio?

Thai Kin Co ROCO:6629 +2.40% 93 Cyclically Adjusted PB Ratio is 3.71 as of Aug. 07, 2026, which is 8% below its 10-year median of 4.04. GuruFocus rates ROCO:6629 with a GF Score™ of 93/100 and a GF Value™ of NT$133.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 334 Furnishings, Fixtures & Appliances companies, Thai Kin Co ranks worse than 84.43% on this metric.

As of today (2026-08-07), Thai Kin Co's current share price is NT$106.50. Thai Kin Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$28.69. Thai Kin Co's Cyclically Adjusted PB Ratio for today is 3.71.

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

ROCO:6629' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.62   Med: 4.04   Max: 4.46
Current: 3.62

During the past 10 years, Thai Kin Co's highest Cyclically Adjusted PB Ratio was 4.46. The lowest was 3.62. And the median was 4.04.

ROCO:6629's Cyclically Adjusted PB Ratio is ranked worse than
84.43% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.21 vs ROCO:6629: 3.62

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.

Thai Kin Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$44.470. 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$28.69 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Kin Co  (ROCO:6629) 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.


Thai Kin Co Cyclically Adjusted PB Ratio Related Terms


Thai Kin Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thai Kin 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.

Thai Kin Co Cyclically Adjusted PB Ratio Chart

Thai Kin 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 0.00 0.00 0.00 0.00 4.44

Thai Kin 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 0.00 0.00 0.00 4.44 0.00

ROCO:6629 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Thai Kin 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.


Thai Kin Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

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

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


ROCO:6629
93GF Score
Thai Kin Co Ltd ROCO:6629
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Kin 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.

Thai Kin Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.50/28.69
=3.71

* 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.

Thai Kin Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Thai Kin Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=44.47/324.0540*324.0540
=44.470

Current CPI (Dec25) = 324.0540.

Thai Kin Co Annual Data

Book Value per Share CPI Adj_Book
201612 11.190 241.432 15.019
201712 14.895 246.524 19.579
201812 14.878 251.233 19.190
201912 20.347 256.974 25.658
202012 25.057 260.474 31.173
202112 23.273 278.802 27.050
202212 27.346 296.797 29.857
202312 29.461 306.746 31.123
202412 42.675 315.605 43.817
202512 44.470 324.054 44.470

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 3.71 mean?
Thai Kin Co (ROCO:6629) has a Cyclically Adjusted PB Ratio of 3.71 as of Aug. 07, 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 Thai Kin Co and its competitors. This is near median its historical median of 4.04. Over the past decade, Thai Kin Co's Cyclically Adjusted PB Ratio has ranged from 3.62 to 4.46. According to the industry distribution chart, Thai Kin Co ranks #282 out of 334 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 84.4%.
Is Thai Kin Co's Cyclically Adjusted PB Ratio too high?
Thai Kin Co's current Cyclically Adjusted PB Ratio of 3.71 is near median its 10-year median of 4.04. Over the past 10 years, this metric has ranged from a low of 3.62 to a high of 4.46. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.21. Thai Kin Co's value of 3.71 is 206.6% above this industry median. Based on the distribution chart, Thai Kin Co ranks #282 out of 334 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Thai Kin Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Thai Kin Co ranks #282 out of 334 companies for Cyclically Adjusted PB Ratio. This places Thai Kin Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Thai Kin Co's value of 3.71 is 206.6% above this benchmark. Historically, Thai Kin Co's own Cyclically Adjusted PB Ratio has ranged from 3.62 to 4.46 over the past decade. While the company's 10-year median is 4.04 vs. the industry median of 1.21, Thai Kin 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 1.21, based on 334 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. Thai Kin Co's current Cyclically Adjusted PB Ratio of 3.71 is 206.6% 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 Thai Kin Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Kin Co's current Cyclically Adjusted PB Ratio is 3.71, which is near median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$133.66, compared to a current price of NT$106.50 — trading 20.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.71, which is near median its 10-year median of 4.04 and 206.6% above the Furnishings, Fixtures & Appliances industry median of 1.21. Thai Kin Co's overall GF Score™ is 93/100 with 4 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 Thai Kin Co (ROCO:6629), the current Cyclically Adjusted PB Ratio is 3.71 as of Aug. 07, 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 Thai Kin Co (ROCO:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Kin Co stock appears to be undervalued. The current stock price of NT$106.50 is trading 20.3% below its estimated GF Value™ of NT$133.66. GuruFocus considers Thai Kin Co to be Modestly Undervalued.

Key valuation signals for ROCO:6629:

  • Cyclically Adjusted PB Ratio: 3.71 (near median its 10-year median of 4.04)
  • GF Value™: NT$133.66 vs. price of NT$106.50 (20.3% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 206.6% above the Furnishings, Fixtures & Appliances median (#282 of 334)

No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Kin Co Business Description

Address No.152, Songjiang Road, 13th Floor, Room A, Section 3, Zhongshan District, Taipei, TWN, 104
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
93GF Score

Get the complete analysis for ROCO:6629

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

NT$106.50
Price
NT$133.66
GF Value