Polygreen Resources Co (ROCO:8423) Cyclically Adjusted PB Ratio: 1.31 (As of Aug. 19, 2026) — Near Median

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ROCO:8423 Polygreen Resources Co Ltd ROCO:8423
75 GF Score
Price NT$17.80
GF Value NT$16.97
Valuation Fairly Valued
! 2 Warning Signs
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What is Polygreen Resources Co Cyclically Adjusted PB Ratio?

Polygreen Resources Co ROCO:8423 -0.56% 75 Cyclically Adjusted PB Ratio is 1.31 as of Aug. 19, 2026, which is 1% below its 10-year median of 1.32. GuruFocus rates ROCO:8423 with a GF Score™ of 75/100 and a GF Value™ of NT$16.97 (Fairly Valued). The stock has 2 warning signs investors should review. Among 968 Vehicles & Parts companies, Polygreen Resources Co ranks worse than 51.65% on this metric.

As of today (2026-08-19), Polygreen Resources Co's current share price is NT$17.80. Polygreen Resources Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$13.59. Polygreen Resources Co's Cyclically Adjusted PB Ratio for today is 1.31.

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

ROCO:8423' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.32   Max: 2.08
Current: 1.31

During the past years, Polygreen Resources Co's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 1.14. And the median was 1.32.

ROCO:8423's Cyclically Adjusted PB Ratio is ranked worse than
51.65% of 968 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs ROCO:8423: 1.31

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.

Polygreen Resources Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$15.228. 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$13.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polygreen Resources Co  (ROCO:8423) 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.


Polygreen Resources Co Cyclically Adjusted PB Ratio Related Terms


Polygreen Resources Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Polygreen Resources 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.

Polygreen Resources Co Cyclically Adjusted PB Ratio Chart

Polygreen Resources 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 1.28 1.23 1.51 1.58 1.35

Polygreen Resources Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.48 1.40 1.40 1.35 1.32

ROCO:8423 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Polygreen Resources 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.


Polygreen Resources Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polygreen Resources Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:8423
75GF Score
Polygreen Resources Co Ltd ROCO:8423
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polygreen Resources 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.

Polygreen Resources Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.80/13.59
=1.31

* 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.

Polygreen Resources Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Polygreen Resources Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.228/330.2130*330.2130
=15.228

Current CPI (Mar. 2026) = 330.2130.

Polygreen Resources Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.074 241.018 12.432
201609 8.759 241.428 11.980
201612 8.800 241.432 12.036
201703 8.636 243.801 11.697
201706 8.931 244.955 12.039
201709 9.351 246.819 12.510
201712 9.646 246.524 12.921
201803 10.239 249.554 13.548
201806 10.100 251.989 13.235
201809 10.255 252.439 13.414
201812 10.777 251.233 14.165
201903 11.158 254.202 14.494
201906 10.751 256.143 13.860
201909 10.941 256.759 14.071
201912 11.020 256.974 14.161
202003 10.895 258.115 13.938
202006 10.441 257.797 13.374
202009 10.752 260.280 13.641
202012 11.075 260.474 14.040
202103 11.190 264.877 13.950
202106 11.165 271.696 13.570
202109 10.793 274.310 12.993
202112 11.004 278.802 13.033
202203 11.363 287.504 13.051
202206 11.303 296.311 12.596
202209 11.712 296.808 13.030
202212 11.992 296.797 13.342
202303 12.004 301.836 13.133
202306 11.779 305.109 12.748
202309 12.187 307.789 13.075
202312 12.194 306.746 13.127
202403 14.107 312.332 14.915
202406 13.986 314.175 14.700
202409 14.527 315.301 15.214
202412 14.480 315.605 15.150
202503 14.722 319.799 15.201
202506 13.906 322.561 14.236
202509 14.297 324.800 14.535
202512 14.863 324.054 15.145
202603 15.228 330.213 15.228

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 1.31 mean?
Polygreen Resources Co (ROCO:8423) has a Cyclically Adjusted PB Ratio of 1.31 as of Aug. 19, 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 Polygreen Resources Co and its competitors. This is near median its historical median of 1.32. Over the past decade, Polygreen Resources Co's Cyclically Adjusted PB Ratio has ranged from 1.14 to 2.08. According to the industry distribution chart, Polygreen Resources Co ranks #500 out of 968 companies in the Vehicles & Parts industry, placing it in the top 51.7%.
Is Polygreen Resources Co's Cyclically Adjusted PB Ratio too high?
Polygreen Resources Co's current Cyclically Adjusted PB Ratio of 1.31 is near median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 2.08. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Polygreen Resources Co's value of 1.31 is 3.1% above this industry median. Based on the distribution chart, Polygreen Resources Co ranks #500 out of 968 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Polygreen Resources Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polygreen Resources Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Polygreen Resources Co ranks #500 out of 968 companies for Cyclically Adjusted PB Ratio. This places Polygreen Resources Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Polygreen Resources Co's value of 1.31 is 3.1% above this benchmark. Historically, Polygreen Resources Co's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 2.08 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.27, Polygreen Resources 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 968 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. Polygreen Resources Co's current Cyclically Adjusted PB Ratio of 1.31 is 3.1% 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 Polygreen Resources Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polygreen Resources Co's current Cyclically Adjusted PB Ratio is 1.31, which is near median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polygreen Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Polygreen Resources Co (ROCO:8423) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.97, compared to a current price of NT$17.80 — trading 4.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.31, which is near median its 10-year median of 1.32 and 3.1% above the Vehicles & Parts industry median of 1.27. Polygreen Resources Co's overall GF Score™ is 75/100 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 Polygreen Resources Co (ROCO:8423), the current Cyclically Adjusted PB Ratio is 1.31 as of Aug. 19, 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 Polygreen Resources Co (ROCO:8423) Overvalued in 2026?

Based on GuruFocus' analysis, Polygreen Resources Co stock appears to be overvalued. The current stock price of NT$17.80 is trading 4.9% above its estimated GF Value™ of NT$16.97. GuruFocus considers Polygreen Resources Co to be Fairly Valued.

Key valuation signals for ROCO:8423:

  • Cyclically Adjusted PB Ratio: 1.31 (near median its 10-year median of 1.32)
  • GF Value™: NT$16.97 vs. price of NT$17.80 (4.9% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 3.1% above the Vehicles & Parts median (#500 of 968)

No single metric tells the full story. See the ROCO:8423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polygreen Resources Co Business Description

Address North Sound Road, Cannon Place, P.O. Box 712, Suite 102, Grand Cayman, CYM, KY1 9006
Polygreen Resources Co Ltd is engaged in the rubber recycling business, offering its products to manufacturers of the tire and conveyor belt industries. The company manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Its products include Rubber asphalt application, Reclaimed Rubber, Butyl Reclaimed Rubber, Crumb Rubber, and Tyre Chip. It has only one operating segment which focuses on the manufacturing and sales of reclaimed rubber. The company operates in Malaysia, Japan, Indonesia, Vietnam, Taiwan, and other countries, of which key revenue is derived from Malaysia.
75GF Score

Get the complete analysis for ROCO:8423

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

NT$17.80
Price
NT$16.97
GF Value