Art Emperor Co (ROCO:6650) Cyclically Adjusted PB Ratio: 2.53 (As of Aug. 20, 2026) — 44% Below Median

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ROCO:6650 Art Emperor Co Ltd ROCO:6650
85 GF Score
Price NT$28.80
GF Value NT$35.43
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Art Emperor Co Cyclically Adjusted PB Ratio?

Art Emperor Co ROCO:6650 85 Cyclically Adjusted PB Ratio is 2.53 as of Aug. 20, 2026, which is 44% below its 10-year median of 4.55. GuruFocus rates ROCO:6650 with a GF Score™ of 85/100 and a GF Value™ of NT$35.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 341 Interactive Media companies, Art Emperor Co ranks worse than 66.28% on this metric.

As of today (2026-08-20), Art Emperor Co's current share price is NT$28.80. Art Emperor Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$11.40. Art Emperor Co's Cyclically Adjusted PB Ratio for today is 2.53.

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

ROCO:6650' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.32   Med: 4.55   Max: 7.16
Current: 2.53

During the past 12 years, Art Emperor Co's highest Cyclically Adjusted PB Ratio was 7.16. The lowest was 2.32. And the median was 4.55.

ROCO:6650's Cyclically Adjusted PB Ratio is ranked worse than
66.28% of 341 companies
in the Interactive Media industry
Industry Median: 1.43 vs ROCO:6650: 2.53

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.

Art Emperor Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$13.144. 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$11.40 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Art Emperor Co  (ROCO:6650) 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.


Art Emperor Co Cyclically Adjusted PB Ratio Related Terms


Art Emperor Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Art Emperor 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.

Art Emperor Co Cyclically Adjusted PB Ratio Chart

Art Emperor 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 6.76 4.00 2.68

Art Emperor Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 4.00 0.00 2.68 0.00

ROCO:6650 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Art Emperor 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.


Art Emperor Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Art Emperor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:6650
85GF Score
Art Emperor Co Ltd ROCO:6650
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Art Emperor 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.

Art Emperor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.80/11.40
=2.53

* 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.

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

For example, Art Emperor 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)
=13.144/324.0540*324.0540
=13.144

Current CPI (Dec25) = 324.0540.

Art Emperor Co Annual Data

Book Value per Share CPI Adj_Book
201612 5.193 241.432 6.970
201712 7.022 246.524 9.230
201812 7.859 251.233 10.137
201912 7.304 256.974 9.211
202012 10.114 260.474 12.583
202112 10.926 278.802 12.699
202212 11.463 296.797 12.516
202312 11.895 306.746 12.566
202412 14.571 315.605 14.961
202512 13.144 324.054 13.144

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 2.53 mean?
Art Emperor Co (ROCO:6650) has a Cyclically Adjusted PB Ratio of 2.53 as of Aug. 20, 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 Art Emperor Co and its competitors. This is 44% below median its historical median of 4.55. Over the past decade, Art Emperor Co's Cyclically Adjusted PB Ratio has ranged from 2.32 to 7.16. According to the industry distribution chart, Art Emperor Co ranks #226 out of 341 companies in the Interactive Media industry, placing it in the top 66.3%.
Is Art Emperor Co's Cyclically Adjusted PB Ratio too high?
Art Emperor Co's current Cyclically Adjusted PB Ratio of 2.53 is 44% below median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 7.16. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.43. Art Emperor Co's value of 2.53 is 76.9% above this industry median. Based on the distribution chart, Art Emperor Co ranks #226 out of 341 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Art Emperor Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Art Emperor Co's Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Art Emperor Co ranks #226 out of 341 companies for Cyclically Adjusted PB Ratio. This places Art Emperor Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.43. Art Emperor Co's value of 2.53 is 76.9% above this benchmark. Historically, Art Emperor Co's own Cyclically Adjusted PB Ratio has ranged from 2.32 to 7.16 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 1.43, Art Emperor 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.43, based on 341 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. Art Emperor Co's current Cyclically Adjusted PB Ratio of 2.53 is 76.9% 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 Art Emperor Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Art Emperor Co's current Cyclically Adjusted PB Ratio is 2.53, which is 44% below median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art Emperor Co stock overvalued right now?
Based on GuruFocus' analysis, Art Emperor Co (ROCO:6650) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$35.43, compared to a current price of NT$28.80 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.53, which is 44% below median its 10-year median of 4.55 and 76.9% above the Interactive Media industry median of 1.43. Art Emperor Co's overall GF Score™ is 85/100 with 5 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 Art Emperor Co (ROCO:6650), the current Cyclically Adjusted PB Ratio is 2.53 as of Aug. 20, 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 Art Emperor Co (ROCO:6650) Overvalued in 2026?

Based on GuruFocus' analysis, Art Emperor Co stock appears to be undervalued. The current stock price of NT$28.80 is trading 18.7% below its estimated GF Value™ of NT$35.43. GuruFocus considers Art Emperor Co to be Modestly Undervalued.

Key valuation signals for ROCO:6650:

  • Cyclically Adjusted PB Ratio: 2.53 (44% below median its 10-year median of 4.55)
  • GF Value™: NT$35.43 vs. price of NT$28.80 (18.7% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 76.9% above the Interactive Media median (#226 of 341)

No single metric tells the full story. See the ROCO:6650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Art Emperor Co Business Description

Address Tiding Boulevard, 6th Floor, No. 297, Sector 2, Neihu District, Taipei, TWN
Art Emperor Co Ltd is a Taiwan based company operates art information website. It also engaged in conducting art exhibitions and maintaining art gallery. The company also offers Art Auction activities.
85GF Score

Get the complete analysis for ROCO:6650

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

NT$28.80
Price
NT$35.43
GF Value