Chen Full International Co (ROCO:8383) Cyclically Adjusted PB Ratio: 1.85 (As of Sep. 01, 2026) — 41% Above 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:8383 Chen Full International Co Ltd ROCO:8383
68 GF Score
Price NT$66.80
GF Value NT$62.52
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Chen Full International Co Cyclically Adjusted PB Ratio?

Chen Full International Co ROCO:8383 +1.21% 68 Cyclically Adjusted PB Ratio is 1.85 as of Sep. 01, 2026, which is 41% above its 10-year median of 1.31. GuruFocus rates ROCO:8383 with a GF Score™ of 68/100 and a GF Value™ of NT$62.52 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,104 Industrial Products companies, Chen Full International Co ranks better than 56.08% on this metric.

As of today (2026-09-01), Chen Full International Co's current share price is NT$66.80. Chen Full International Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$36.06. Chen Full International Co's Cyclically Adjusted PB Ratio for today is 1.85.

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

ROCO:8383' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.31   Max: 2.51
Current: 1.83

During the past years, Chen Full International Co's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 1.07. And the median was 1.31.

ROCO:8383's Cyclically Adjusted PB Ratio is ranked better than
56.08% of 2104 companies
in the Industrial Products industry
Industry Median: 2.15 vs ROCO:8383: 1.83

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.

Chen Full International Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$33.772. 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$36.06 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chen Full International Co  (ROCO:8383) 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.


Chen Full International Co Cyclically Adjusted PB Ratio Related Terms


Chen Full International Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chen Full International 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.

Chen Full International Co Cyclically Adjusted PB Ratio Chart

Chen Full International 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 1.41 1.19 1.15 1.33 1.15

Chen Full International 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 1.28 1.19 1.15 1.21 1.81

ROCO:8383 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Chen Full International 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.


Chen Full International Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Chen Full International Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8383
68GF Score
Chen Full International Co Ltd ROCO:8383
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chen Full International 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.

Chen Full International Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.80/36.06
=1.85

* 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.

Chen Full International Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chen Full International 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)
=33.772/333.9520*333.9520
=33.772

Current CPI (Jun. 2026) = 333.9520.

Chen Full International Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.479 241.428 36.627
201612 27.634 241.432 38.224
201703 28.569 243.801 39.133
201706 26.929 244.955 36.713
201709 28.022 246.819 37.914
201712 28.940 246.524 39.203
201803 29.785 249.554 39.858
201806 27.689 251.989 36.695
201809 28.265 252.439 37.392
201812 28.812 251.233 38.298
201903 29.697 254.202 39.014
201906 27.695 256.143 36.108
201909 28.128 256.759 36.585
201912 28.747 256.974 37.358
202003 29.721 258.115 38.453
202006 28.113 257.797 36.418
202009 28.665 260.280 36.779
202012 29.078 260.474 37.281
202103 29.789 264.877 37.557
202106 30.928 271.696 38.015
202109 34.247 274.310 41.693
202112 30.354 278.802 36.358
202203 32.471 287.504 37.717
202206 30.085 296.311 33.907
202209 31.073 296.808 34.962
202212 31.119 296.797 35.015
202303 31.331 301.836 34.665
202306 29.122 305.109 31.875
202309 29.917 307.789 32.460
202312 30.283 306.746 32.969
202403 31.155 312.332 33.312
202406 30.558 314.175 32.482
202409 31.254 315.301 33.103
202412 32.690 315.605 34.590
202503 33.400 319.799 34.878
202506 31.216 322.561 32.318
202509 32.049 324.800 32.952
202512 33.594 324.054 34.620
202603 34.645 330.213 35.037
202606 33.772 333.952 33.772

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 1.85 mean?
Chen Full International Co (ROCO:8383) has a Cyclically Adjusted PB Ratio of 1.85 as of Sep. 01, 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 Chen Full International Co and its competitors. This is 41% above median its historical median of 1.31. Over the past decade, Chen Full International Co's Cyclically Adjusted PB Ratio has ranged from 1.07 to 2.51. According to the industry distribution chart, Chen Full International Co ranks #924 out of 2104 companies in the Industrial Products industry, placing it in the top 43.9%.
Is Chen Full International Co's Cyclically Adjusted PB Ratio too high?
Chen Full International Co's current Cyclically Adjusted PB Ratio of 1.85 is 41% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.51. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.15. Chen Full International Co's value of 1.85 is 14% below this industry median. Based on the distribution chart, Chen Full International Co ranks #924 out of 2104 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chen Full International Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chen Full International Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chen Full International Co ranks #924 out of 2104 companies for Cyclically Adjusted PB Ratio. This puts Chen Full International Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Chen Full International Co's value of 1.85 is 14% below this benchmark. Historically, Chen Full International Co's own Cyclically Adjusted PB Ratio has ranged from 1.07 to 2.51 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 2.15, Chen Full International 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.15, based on 2,104 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. Chen Full International Co's current Cyclically Adjusted PB Ratio of 1.85 is 14% 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 Chen Full International Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chen Full International Co's current Cyclically Adjusted PB Ratio is 1.85, which is 41% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chen Full International Co stock overvalued right now?
Based on GuruFocus' analysis, Chen Full International Co (ROCO:8383) is currently considered Fairly Valued. The stock's GF Value™ is NT$62.52, compared to a current price of NT$66.80 — trading 6.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.85, which is 41% above median its 10-year median of 1.31 and 14% below the Industrial Products industry median of 2.15. Chen Full International Co's overall GF Score™ is 68/100 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 Chen Full International Co (ROCO:8383), the current Cyclically Adjusted PB Ratio is 1.85 as of Sep. 01, 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 Chen Full International Co (ROCO:8383) Overvalued in 2026?

Based on GuruFocus' analysis, Chen Full International Co stock appears to be overvalued. The current stock price of NT$66.80 is trading 6.8% above its estimated GF Value™ of NT$62.52. GuruFocus considers Chen Full International Co to be Fairly Valued.

Key valuation signals for ROCO:8383:

  • Cyclically Adjusted PB Ratio: 1.85 (41% above median its 10-year median of 1.31)
  • GF Value™: NT$62.52 vs. price of NT$66.80 (6.8% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 14% below the Industrial Products median (#924 of 2104)

No single metric tells the full story. See the ROCO:8383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chen Full International Co Business Description

Address No. 99, Nankan Road, 9th Floor, Section 1, Luzhu District, Taoyuan, TWN, 33859
Chen Full International Co Ltd is engaged in semiconductor control equipment system engineering; buying, selling, designing, manufacturing, and constructing cleanroom, ultrapure water equipment pipelines, and various chemical engineering equipment; manufacturing and trading of various hydraulic, mechanical parts, factory engineering pipeline materials, and precision molds; design planning of machinery and equipment for entire shoe factories and the manufacturing, processing, and trading of related material products; as well as the manufacturing and trading of various aircraft equipment.
68GF Score

Get the complete analysis for ROCO:8383

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

NT$66.80
Price
NT$62.52
GF Value