Jiu Han System Technology Co (ROCO:6903) Cyclically Adjusted PB Ratio: (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6903 Jiu Han System Technology Co Ltd ROCO:6903
63 GF Score
Price NT$320.50
GF Value NT$231.76
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Jiu Han System Technology Co Cyclically Adjusted PB Ratio?

Jiu Han System Technology Co does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiu Han System Technology Co  (ROCO:6903) 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.


Jiu Han System Technology Co Cyclically Adjusted PB Ratio Related Terms


Jiu Han System Technology Co Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Jiu Han System Technology 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.

Jiu Han System Technology Co Cyclically Adjusted PB Ratio Chart

Jiu Han System Technology Co Annual Data
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Jiu Han System Technology Co Quarterly Data
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ROCO:6903 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Jiu Han System Technology 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.


Jiu Han System Technology Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Jiu Han System Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiu Han System Technology Co's Cyclically Adjusted PB Ratio falls into.


ROCO:6903
63GF Score
Jiu Han System Technology Co Ltd ROCO:6903
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiu Han System Technology 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.

Jiu Han System Technology Co does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Jiu Han System Technology Co (ROCO:6903) Overvalued in 2026?

Based on GuruFocus' analysis, Jiu Han System Technology Co stock appears to be overvalued. The current stock price of NT$320.50 is trading 38.3% above its estimated GF Value™ of NT$231.76. GuruFocus considers Jiu Han System Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:6903:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$231.76 vs. price of NT$320.50 (38.3% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiu Han System Technology Co Business Description

Address No. 324, Zhonghua Road, 8th Floor, Section 1, Dongyuanli, East District, Hsinchu, TWN, 300002
Jiu Han System Technology Co Ltd is engaged in business projects such as water, electricity, air conditioning engineering, fire safety equipment installation engineering, and pipe fitting engineering. The company also engages in the design and installation of engineering, instruments and meters, as well as the sale and purchase of related materials.
63GF Score

Get the complete analysis for ROCO:6903

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

NT$320.50
Price
NT$231.76
GF Value