Redwood Group (ROCO:8426) Cyclically Adjusted PB Ratio: 0.96 (As of Aug. 20, 2026) — 22% Below Median

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ROCO:8426 Redwood Group Ltd ROCO:8426
68 GF Score
Price NT$21.20
GF Value NT$46.53
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Redwood Group Cyclically Adjusted PB Ratio?

Redwood Group ROCO:8426 68 Cyclically Adjusted PB Ratio is 0.96 as of Aug. 20, 2026, which is 22% below its 10-year median of 1.23. GuruFocus rates ROCO:8426 with a GF Score™ of 68/100 and a GF Value™ of NT$46.53 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 319 Furnishings, Fixtures & Appliances companies, Redwood Group ranks better than 56.11% on this metric.

As of today (2026-08-20), Redwood Group's current share price is NT$21.20. Redwood Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$22.16. Redwood Group's Cyclically Adjusted PB Ratio for today is 0.96.

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

ROCO:8426' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.23   Max: 3.87
Current: 0.96

During the past years, Redwood Group's highest Cyclically Adjusted PB Ratio was 3.87. The lowest was 0.59. And the median was 1.23.

ROCO:8426's Cyclically Adjusted PB Ratio is ranked better than
56.11% of 319 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.18 vs ROCO:8426: 0.96

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.

Redwood Group's adjusted book value per share data for the three months ended in Mar. 2026 was NT$25.202. 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$22.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Redwood Group  (ROCO:8426) 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.


Redwood Group Cyclically Adjusted PB Ratio Related Terms


Redwood Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Redwood Group'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.

Redwood Group Cyclically Adjusted PB Ratio Chart

Redwood Group 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 0.81 1.34 3.48 2.03 1.26

Redwood Group 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 1.80 1.38 1.30 1.26 1.15

ROCO:8426 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Redwood Group'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.


Redwood Group Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Redwood Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Redwood Group's Cyclically Adjusted PB Ratio falls into.


ROCO:8426
68GF Score
Redwood Group Ltd ROCO:8426
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Redwood Group 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.

Redwood Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.20/22.16
=0.96

* 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.

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

For example, Redwood Group'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)
=25.202/330.2130*330.2130
=25.202

Current CPI (Mar. 2026) = 330.2130.

Redwood Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.849 241.018 27.195
201609 20.261 241.428 27.712
201612 21.130 241.432 28.900
201703 20.584 243.801 27.880
201706 17.791 244.955 23.983
201709 19.360 246.819 25.901
201712 21.051 246.524 28.197
201803 20.103 249.554 26.601
201806 17.300 251.989 22.670
201809 17.435 252.439 22.807
201812 18.831 251.233 24.751
201903 17.914 254.202 23.271
201906 17.348 256.143 22.365
201909 18.170 256.759 23.368
201912 18.172 256.974 23.351
202003 15.965 258.115 20.424
202006 15.396 257.797 19.721
202009 15.595 260.280 19.785
202012 15.041 260.474 19.068
202103 14.328 264.877 17.862
202106 13.871 271.696 16.858
202109 13.604 274.310 16.376
202112 14.253 278.802 16.881
202203 13.981 287.504 16.058
202206 12.850 296.311 14.320
202209 14.151 296.808 15.744
202212 15.520 296.797 17.267
202303 16.406 301.836 17.948
202306 16.657 305.109 18.028
202309 18.838 307.789 20.210
202312 21.406 306.746 23.044
202403 22.785 312.332 24.089
202406 20.878 314.175 21.944
202409 23.452 315.301 24.561
202412 25.688 315.605 26.877
202503 25.351 319.799 26.177
202506 20.209 322.561 20.688
202509 22.280 324.800 22.651
202512 25.336 324.054 25.818
202603 25.202 330.213 25.202

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 0.96 mean?
Redwood Group (ROCO:8426) has a Cyclically Adjusted PB Ratio of 0.96 as of Aug. 20, 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 Redwood Group and its competitors. This is 22% below median its historical median of 1.23. Over the past decade, Redwood Group's Cyclically Adjusted PB Ratio has ranged from 0.59 to 3.87. According to the industry distribution chart, Redwood Group ranks #140 out of 319 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 43.9%.
Is Redwood Group's Cyclically Adjusted PB Ratio too high?
Redwood Group's current Cyclically Adjusted PB Ratio of 0.96 is 22% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 3.87. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.18. Redwood Group's value of 0.96 is 18.6% below this industry median. Based on the distribution chart, Redwood Group ranks #140 out of 319 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Redwood Group has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Redwood Group's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Redwood Group ranks #140 out of 319 companies for Cyclically Adjusted PB Ratio. This puts Redwood Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Redwood Group's value of 0.96 is 18.6% below this benchmark. Historically, Redwood Group's own Cyclically Adjusted PB Ratio has ranged from 0.59 to 3.87 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.18, Redwood Group 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.18, based on 319 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. Redwood Group's current Cyclically Adjusted PB Ratio of 0.96 is 18.6% 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 Redwood Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redwood Group's current Cyclically Adjusted PB Ratio is 0.96, which is 22% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Group stock overvalued right now?
Based on GuruFocus' analysis, Redwood Group (ROCO:8426) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$46.53, compared to a current price of NT$21.20 — trading 54.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 22% below median its 10-year median of 1.23 and 18.6% below the Furnishings, Fixtures & Appliances industry median of 1.18. Redwood Group's overall GF Score™ is 68/100 with 4 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 Redwood Group (ROCO:8426), the current Cyclically Adjusted PB Ratio is 0.96 as of Aug. 20, 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 Redwood Group (ROCO:8426) Overvalued in 2026?

Based on GuruFocus' analysis, Redwood Group stock appears to be undervalued. The current stock price of NT$21.20 is trading 54.4% below its estimated GF Value™ of NT$46.53. GuruFocus considers Redwood Group to be Significantly Undervalued.

Key valuation signals for ROCO:8426:

  • Cyclically Adjusted PB Ratio: 0.96 (22% below median its 10-year median of 1.23)
  • GF Value™: NT$46.53 vs. price of NT$21.20 (54.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 18.6% below the Furnishings, Fixtures & Appliances median (#140 of 319)

No single metric tells the full story. See the ROCO:8426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Redwood Group Business Description

Address No. 205, Section 1, South Road, 106, Room 1107, Da\'an District, Taipei, TWN, 729239
Redwood Group Ltd is a contract manufacturer of high-quality interior fittings. It is mainly engaged in the decoration of globally advance boutique brand stores. The Group operates in three principal geographical areas - Singapore, Malaysia, and the USA, other than that the company also operates in Asian, the Middle East, the Americas, and Europe.
68GF Score

Get the complete analysis for ROCO:8426

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

NT$21.20
Price
NT$46.53
GF Value