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Wah Hong IndustrialROCO:8240 +0.24%61 Cyclically Adjusted PB Ratio is 0.87 as of Aug. 24, 2026, which is 28% above its 10-year median of 0.68. GuruFocus rates ROCO:8240 with a GF Score™ of 61/100 and a GF Value™ of NT$33.27 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,943 Hardware companies, Wah Hong Industrial ranks better than 74.99% on this metric.
The historical rank and industry rank for Wah Hong Industrial's Cyclically Adjusted PB Ratio or its related term are showing as below:
ROCO:8240'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.68 Max: 1.41
Current: 0.87
During the past years, Wah Hong Industrial's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.38. And the median was 0.68.
ROCO:8240's Cyclically Adjusted PB Ratio is ranked better than 74.99% of 1943
companies
in the Hardware industry
Industry Median: 2.03
vs ROCO:8240: 0.87
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.
Wah Hong Industrial's adjusted book value per share data for the three months ended in Jun. 2026 was NT$47.928. 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$48.53 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Wah Hong Industrial (ROCO:8240) 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.
Wah Hong Industrial Cyclically Adjusted PB Ratio Related Terms
Wah Hong Industrial Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Wah Hong Industrial'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.
Wah Hong Industrial Cyclically Adjusted PB Ratio Chart
ROCO:8240 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison
For the Electronic Components subindustry, Wah Hong Industrial'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.
Wah Hong Industrial Cyclically Adjusted PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Wah Hong Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Wah Hong Industrial's Cyclically Adjusted PB Ratio falls into.
Wah Hong Industrial 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.
Wah Hong Industrial's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.87 mean?
Wah Hong Industrial (ROCO:8240) has a Cyclically Adjusted PB Ratio of 0.87 as of Aug. 24, 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 Wah Hong Industrial and its competitors. This is 28% above median its historical median of 0.68. Over the past decade, Wah Hong Industrial's Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.41. According to the industry distribution chart, Wah Hong Industrial ranks #486 out of 1943 companies in the Hardware industry, placing it in the top 25%.
Is Wah Hong Industrial's Cyclically Adjusted PB Ratio too high?
Wah Hong Industrial's current Cyclically Adjusted PB Ratio of 0.87 is 28% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.41. The Hardware industry median Cyclically Adjusted PB Ratio is 2.03. Wah Hong Industrial's value of 0.87 is 57.1% below this industry median. Based on the distribution chart, Wah Hong Industrial ranks #486 out of 1943 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Wah Hong Industrial has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wah Hong Industrial's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Wah Hong Industrial ranks #486 out of 1943 companies for Cyclically Adjusted PB Ratio. This places Wah Hong Industrial in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.03. Wah Hong Industrial's value of 0.87 is 57.1% below this benchmark. Historically, Wah Hong Industrial's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.41 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 2.03, Wah Hong Industrial 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.03, based on 1,943 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. Wah Hong Industrial's current Cyclically Adjusted PB Ratio of 0.87 is 57.1% 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 Wah Hong Industrial and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wah Hong Industrial's current Cyclically Adjusted PB Ratio is 0.87, which is 28% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Hong Industrial stock overvalued right now?
Based on GuruFocus' analysis, Wah Hong Industrial (ROCO:8240) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$33.27, compared to a current price of NT$42.20 — trading 26.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is 28% above median its 10-year median of 0.68 and 57.1% below the Hardware industry median of 2.03. Wah Hong Industrial's overall GF Score™ is 61/100 with 3 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 Wah Hong Industrial (ROCO:8240), the current Cyclically Adjusted PB Ratio is 0.87 as of Aug. 24, 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 Wah Hong Industrial (ROCO:8240) Overvalued in 2026?
Based on GuruFocus' analysis, Wah Hong Industrial stock appears to be overvalued.
The current stock price of NT$42.20 is trading 26.8% above its estimated GF Value™ of NT$33.27.
GuruFocus considers Wah Hong Industrial to be Modestly Overvalued.
Key valuation signals for ROCO:8240:
Cyclically Adjusted PB Ratio: 0.87 (28% above median its 10-year median of 0.68)
GF Value™: NT$33.27 vs. price of NT$42.20 (26.8% above fair value)
Industry Position: 57.1% below the Hardware median (#486 of 1943)
No single metric tells the full story. See the ROCO:8240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wah Hong Industrial Corp is engaged in the manufacturing and trading of materials of LCD (Diffusion, Reflection films etc.), materials of Bulk Molding Compounds (BMC) and Molding products etc. Its segments include Wah Hong Industrial Corporation (Taiwan), Wah Hong International Ltd., Sun Hong and Xiamen Guang Hong (South China), and Wah Hong Technology Ltd., SIP Chang Hong, SIP Chang Jun, Ningbo Changhong, Qingdao Changhong, Chang Hong (HK), Ningbo Changli, Smart Succeed Ltd., Granite International Ltd., Allied Royal LLC., Suzhou Alliance and Best Honor Inc. (Eastern China). It derives the majority of revenue from Eastern China segment.
61GF Score
Get the complete analysis for ROCO:8240
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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