I Jiang Industrial Co (ROCO:8342) Cyclically Adjusted PB Ratio: 2.92 (As of Aug. 28, 2026) — Near Median

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ROCO:8342 I Jiang Industrial Co Ltd ROCO:8342
78 GF Score
Price NT$85.80
GF Value NT$84.69
Valuation Fairly Valued
! 2 Warning Signs
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What is I Jiang Industrial Co Cyclically Adjusted PB Ratio?

I Jiang Industrial Co ROCO:8342 -1.38% 78 Cyclically Adjusted PB Ratio is 2.92 as of Aug. 28, 2026, which is 4% below its 10-year median of 3.03. GuruFocus rates ROCO:8342 with a GF Score™ of 78/100 and a GF Value™ of NT$84.69 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,102 Industrial Products companies, I Jiang Industrial Co ranks worse than 62.8% on this metric.

As of today (2026-08-28), I Jiang Industrial Co's current share price is NT$85.80. I Jiang Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$29.37. I Jiang Industrial Co's Cyclically Adjusted PB Ratio for today is 2.92.

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

ROCO:8342' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.77   Med: 3.03   Max: 3.36
Current: 2.95

During the past years, I Jiang Industrial Co's highest Cyclically Adjusted PB Ratio was 3.36. The lowest was 2.77. And the median was 3.03.

ROCO:8342's Cyclically Adjusted PB Ratio is ranked worse than
62.8% of 2102 companies
in the Industrial Products industry
Industry Median: 2.1 vs ROCO:8342: 2.95

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.

I Jiang Industrial Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$30.541. 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$29.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


I Jiang Industrial Co  (ROCO:8342) 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.


I Jiang Industrial Co Cyclically Adjusted PB Ratio Related Terms


I Jiang Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for I Jiang Industrial 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.

I Jiang Industrial Co Cyclically Adjusted PB Ratio Chart

I Jiang Industrial 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 3.31 2.96

I Jiang Industrial 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 2.81 3.03 2.96 3.05 3.10

I Jiang Industrial Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, I Jiang Industrial 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.


I Jiang Industrial Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, I Jiang Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where I Jiang Industrial Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8342
78GF Score
I Jiang Industrial Co Ltd ROCO:8342
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I Jiang Industrial 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.

I Jiang Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.80/29.37
=2.92

* 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.

I Jiang Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, I Jiang Industrial 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)
=30.541/333.9520*333.9520
=30.541

Current CPI (Jun. 2026) = 333.9520.

I Jiang Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 23.295 241.432 32.222
201703 24.350 243.801 33.354
201706 19.172 244.955 26.138
201709 19.507 246.819 26.393
201712 22.174 246.524 30.038
201803 22.240 249.554 29.761
201806 20.284 251.989 26.882
201809 21.344 252.439 28.236
201812 22.558 251.233 29.985
201903 23.186 254.202 30.460
201906 20.364 256.143 26.550
201909 21.100 256.759 27.444
201912 22.127 256.974 28.755
202003 22.984 258.115 29.737
202006 20.671 257.797 26.777
202009 21.331 260.280 27.369
202012 24.151 260.474 30.964
202103 24.823 264.877 31.296
202106 21.714 271.696 26.690
202109 22.613 274.310 27.530
202112 23.606 278.802 28.276
202203 25.246 287.504 29.325
202206 23.867 296.311 26.899
202209 25.728 296.808 28.948
202212 26.326 296.797 29.622
202303 27.033 301.836 29.909
202306 24.081 305.109 26.357
202309 25.657 307.789 27.838
202312 26.772 306.746 29.146
202403 28.906 312.332 30.907
202406 27.181 314.175 28.892
202409 28.677 315.301 30.373
202412 30.861 315.605 32.655
202503 32.578 319.799 34.020
202506 27.613 322.561 28.588
202509 29.704 324.800 30.541
202512 31.755 324.054 32.725
202603 32.961 330.213 33.334
202606 30.541 333.952 30.541

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 2.92 mean?
I Jiang Industrial Co (ROCO:8342) has a Cyclically Adjusted PB Ratio of 2.92 as of Aug. 28, 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 I Jiang Industrial Co and its competitors. This is near median its historical median of 3.03. Over the past decade, I Jiang Industrial Co's Cyclically Adjusted PB Ratio has ranged from 2.77 to 3.36. According to the industry distribution chart, I Jiang Industrial Co ranks #1320 out of 2102 companies in the Industrial Products industry, placing it in the top 62.8%.
Is I Jiang Industrial Co's Cyclically Adjusted PB Ratio too high?
I Jiang Industrial Co's current Cyclically Adjusted PB Ratio of 2.92 is near median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 3.36. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. I Jiang Industrial Co's value of 2.92 is 39% above this industry median. Based on the distribution chart, I Jiang Industrial Co ranks #1320 out of 2102 companies in the Industrial Products industry, which is below the industry midpoint. Overall, I Jiang Industrial Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I Jiang Industrial Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, I Jiang Industrial Co ranks #1320 out of 2102 companies for Cyclically Adjusted PB Ratio. This places I Jiang Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. I Jiang Industrial Co's value of 2.92 is 39% above this benchmark. Historically, I Jiang Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 2.77 to 3.36 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 2.10, I Jiang Industrial 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,102 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. I Jiang Industrial Co's current Cyclically Adjusted PB Ratio of 2.92 is 39% 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 I Jiang Industrial Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I Jiang Industrial Co's current Cyclically Adjusted PB Ratio is 2.92, which is near median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I Jiang Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, I Jiang Industrial Co (ROCO:8342) is currently considered Fairly Valued. The stock's GF Value™ is NT$84.69, compared to a current price of NT$85.80 — trading 1.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.92, which is near median its 10-year median of 3.03 and 39% above the Industrial Products industry median of 2.10. I Jiang Industrial Co's overall GF Score™ is 78/100 with 2 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 I Jiang Industrial Co (ROCO:8342), the current Cyclically Adjusted PB Ratio is 2.92 as of Aug. 28, 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 I Jiang Industrial Co (ROCO:8342) Overvalued in 2026?

Based on GuruFocus' analysis, I Jiang Industrial Co stock appears to be overvalued. The current stock price of NT$85.80 is trading 1.3% above its estimated GF Value™ of NT$84.69. GuruFocus considers I Jiang Industrial Co to be Fairly Valued.

Key valuation signals for ROCO:8342:

  • Cyclically Adjusted PB Ratio: 2.92 (near median its 10-year median of 3.03)
  • GF Value™: NT$84.69 vs. price of NT$85.80 (1.3% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 39% above the Industrial Products median (#1320 of 2102)

No single metric tells the full story. See the ROCO:8342 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I Jiang Industrial Co Business Description

Address 4, Xinggong Road, Lunjiao Village, Pitou Township, Chang Hua County, TWN
I Jiang Industrial Co Ltd is a Taiwan-based metal furniture manufacturing company. Its products include metal wires, Display & Stand, Logistics and warehouse, Foodservice and restaurant, Health Care and Home Furniture.
78GF Score

Get the complete analysis for ROCO:8342

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

NT$85.80
Price
NT$84.69
GF Value