Cashbox Partyworld Co (ROCO:8359) Cyclically Adjusted PB Ratio: 0.93 (As of Aug. 14, 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:8359 Cashbox Partyworld Co Ltd ROCO:8359
83 GF Score
Price NT$58.20
GF Value NT$83.24
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Cashbox Partyworld Co Cyclically Adjusted PB Ratio?

Cashbox Partyworld Co ROCO:8359 -0.17% 83 Cyclically Adjusted PB Ratio is 0.93 as of Aug. 14, 2026, which is 42% below its 10-year median of 1.60. GuruFocus rates ROCO:8359 with a GF Score™ of 83/100 and a GF Value™ of NT$83.24 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 639 Travel & Leisure companies, Cashbox Partyworld Co ranks better than 59.78% on this metric.

As of today (2026-08-14), Cashbox Partyworld Co's current share price is NT$58.20. Cashbox Partyworld Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$62.68. Cashbox Partyworld Co's Cyclically Adjusted PB Ratio for today is 0.93.

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

ROCO:8359' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.6   Max: 3.11
Current: 0.93

During the past 13 years, Cashbox Partyworld Co's highest Cyclically Adjusted PB Ratio was 3.11. The lowest was 0.93. And the median was 1.60.

ROCO:8359's Cyclically Adjusted PB Ratio is ranked better than
59.78% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs ROCO:8359: 0.93

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.

Cashbox Partyworld Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$53.175. 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$62.68 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cashbox Partyworld Co  (ROCO:8359) 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.


Cashbox Partyworld Co Cyclically Adjusted PB Ratio Related Terms


Cashbox Partyworld Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cashbox Partyworld 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.

Cashbox Partyworld Co Cyclically Adjusted PB Ratio Chart

Cashbox Partyworld 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 1.57 1.49 1.66 1.42 1.00

Cashbox Partyworld Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.66 0.00 1.42 0.00 1.00

ROCO:8359 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Cashbox Partyworld 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.


Cashbox Partyworld Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cashbox Partyworld Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:8359
83GF Score
Cashbox Partyworld Co Ltd ROCO:8359
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cashbox Partyworld 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.

Cashbox Partyworld Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.20/62.68
=0.93

* 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.

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

For example, Cashbox Partyworld 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)
=53.175/324.0540*324.0540
=53.175

Current CPI (Dec25) = 324.0540.

Cashbox Partyworld Co Annual Data

Book Value per Share CPI Adj_Book
201612 49.160 241.432 65.983
201712 50.722 246.524 66.674
201812 54.196 251.233 69.905
201912 56.870 256.974 71.715
202012 55.579 260.474 69.145
202112 50.659 278.802 58.881
202212 52.160 296.797 56.950
202312 54.763 306.746 57.853
202412 55.063 315.605 56.537
202512 53.175 324.054 53.175

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 0.93 mean?
Cashbox Partyworld Co (ROCO:8359) has a Cyclically Adjusted PB Ratio of 0.93 as of Aug. 14, 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 Cashbox Partyworld Co and its competitors. This is 42% below median its historical median of 1.60. Over the past decade, Cashbox Partyworld Co's Cyclically Adjusted PB Ratio has ranged from 0.93 to 3.11. According to the industry distribution chart, Cashbox Partyworld Co ranks #257 out of 639 companies in the Travel & Leisure industry, placing it in the top 40.2%.
Is Cashbox Partyworld Co's Cyclically Adjusted PB Ratio too high?
Cashbox Partyworld Co's current Cyclically Adjusted PB Ratio of 0.93 is 42% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 3.11. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Cashbox Partyworld Co's value of 0.93 is 22.5% below this industry median. Based on the distribution chart, Cashbox Partyworld Co ranks #257 out of 639 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Cashbox Partyworld Co has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cashbox Partyworld Co's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Cashbox Partyworld Co ranks #257 out of 639 companies for Cyclically Adjusted PB Ratio. This puts Cashbox Partyworld Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Cashbox Partyworld Co's value of 0.93 is 22.5% below this benchmark. Historically, Cashbox Partyworld Co's own Cyclically Adjusted PB Ratio has ranged from 0.93 to 3.11 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.20, Cashbox Partyworld Co 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 639 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. Cashbox Partyworld Co's current Cyclically Adjusted PB Ratio of 0.93 is 22.5% 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 Cashbox Partyworld Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cashbox Partyworld Co's current Cyclically Adjusted PB Ratio is 0.93, which is 42% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cashbox Partyworld Co stock overvalued right now?
Based on GuruFocus' analysis, Cashbox Partyworld Co (ROCO:8359) is currently considered Possible Value Trap. The stock's GF Value™ is NT$83.24, compared to a current price of NT$58.20 — trading 30.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 42% below median its 10-year median of 1.60 and 22.5% below the Travel & Leisure industry median of 1.20. Cashbox Partyworld Co's overall GF Score™ is 83/100 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 Cashbox Partyworld Co (ROCO:8359), the current Cyclically Adjusted PB Ratio is 0.93 as of Aug. 14, 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 Cashbox Partyworld Co (ROCO:8359) Overvalued in 2026?

Based on GuruFocus' analysis, Cashbox Partyworld Co stock appears to be undervalued. The current stock price of NT$58.20 is trading 30.1% below its estimated GF Value™ of NT$83.24. GuruFocus considers Cashbox Partyworld Co to be Possible Value Trap.

Key valuation signals for ROCO:8359:

  • Cyclically Adjusted PB Ratio: 0.93 (42% below median its 10-year median of 1.60)
  • GF Value™: NT$83.24 vs. price of NT$58.20 (30.1% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 22.5% below the Travel & Leisure median (#257 of 639)

No single metric tells the full story. See the ROCO:8359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cashbox Partyworld Co Business Description

Address No. 293, Zhongxiao East Road, 5th Floor, Section 5, Xinyi District, Taipei, TWN, 110
Cashbox Partyworld Co Ltd Formerly Cashbox Enterprise Co Ltd is a KTV chain-store. The company offers varieties of services including booking services, valet parking, food, and catering.
83GF Score

Get the complete analysis for ROCO:8359

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

NT$58.20
Price
NT$83.24
GF Value