Zimmite Taiwan (ROCO:8435) Cyclically Adjusted PB Ratio: 1.92 (As of Aug. 15, 2026) — 17% Below Median

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ROCO:8435 Zimmite Taiwan Ltd ROCO:8435
66 GF Score
Price NT$53.10
GF Value NT$55.19
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Zimmite Taiwan Cyclically Adjusted PB Ratio?

Zimmite Taiwan ROCO:8435 -1.48% 66 Cyclically Adjusted PB Ratio is 1.92 as of Aug. 15, 2026, which is 17% below its 10-year median of 2.30. GuruFocus rates ROCO:8435 with a GF Score™ of 66/100 and a GF Value™ of NT$55.19 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,210 Chemicals companies, Zimmite Taiwan ranks worse than 55.95% on this metric.

As of today (2026-08-15), Zimmite Taiwan's current share price is NT$53.10. Zimmite Taiwan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$27.62. Zimmite Taiwan's Cyclically Adjusted PB Ratio for today is 1.92.

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

ROCO:8435' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 2.3   Max: 2.81
Current: 1.95

During the past years, Zimmite Taiwan's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 1.82. And the median was 2.30.

ROCO:8435's Cyclically Adjusted PB Ratio is ranked worse than
55.95% of 1210 companies
in the Chemicals industry
Industry Median: 1.65 vs ROCO:8435: 1.95

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.

Zimmite Taiwan's adjusted book value per share data for the three months ended in Mar. 2026 was NT$24.609. 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$27.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zimmite Taiwan  (ROCO:8435) 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.


Zimmite Taiwan Cyclically Adjusted PB Ratio Related Terms


Zimmite Taiwan Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zimmite Taiwan'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.

Zimmite Taiwan Cyclically Adjusted PB Ratio Chart

Zimmite Taiwan 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 2.33 2.19 2.28 2.63 1.95

Zimmite Taiwan 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 2.72 2.43 2.12 1.95 2.05

ROCO:8435 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Zimmite Taiwan'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.


Zimmite Taiwan Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zimmite Taiwan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:8435
66GF Score
Zimmite Taiwan Ltd ROCO:8435
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zimmite Taiwan 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.

Zimmite Taiwan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.10/27.62
=1.92

* 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.

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

For example, Zimmite Taiwan'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)
=24.609/330.2130*330.2130
=24.609

Current CPI (Mar. 2026) = 330.2130.

Zimmite Taiwan Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.567 241.018 29.548
201609 22.022 241.428 30.121
201612 22.879 241.432 31.292
201703 23.239 243.801 31.476
201706 21.486 244.955 28.964
201709 22.445 246.819 30.029
201712 23.291 246.524 31.198
201803 24.021 249.554 31.785
201806 21.531 251.989 28.215
201809 22.154 252.439 28.979
201812 23.181 251.233 30.468
201903 24.233 254.202 31.479
201906 21.866 256.143 28.189
201909 22.432 256.759 28.849
201912 23.157 256.974 29.757
202003 23.676 258.115 30.289
202006 21.170 257.797 27.117
202009 22.270 260.280 28.254
202012 23.500 260.474 29.792
202103 24.298 264.877 30.291
202106 25.094 271.696 30.499
202109 22.772 274.310 27.413
202112 23.963 278.802 28.382
202203 21.507 287.504 24.702
202206 22.410 296.311 24.974
202209 23.336 296.808 25.962
202212 24.289 296.797 27.024
202303 21.481 301.836 23.501
202306 22.603 305.109 24.463
202309 23.825 307.789 25.561
202312 24.719 306.746 26.610
202403 21.840 312.332 23.090
202406 23.442 314.175 24.639
202409 24.791 315.301 25.963
202412 25.622 315.605 26.808
202503 22.076 319.799 22.795
202506 21.846 322.561 22.364
202509 23.528 324.800 23.920
202512 25.043 324.054 25.519
202603 24.609 330.213 24.609

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 1.92 mean?
Zimmite Taiwan (ROCO:8435) has a Cyclically Adjusted PB Ratio of 1.92 as of Aug. 15, 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 Zimmite Taiwan and its competitors. This is 17% below median its historical median of 2.30. Over the past decade, Zimmite Taiwan's Cyclically Adjusted PB Ratio has ranged from 1.82 to 2.81. According to the industry distribution chart, Zimmite Taiwan ranks #677 out of 1210 companies in the Chemicals industry, placing it in the top 56%.
Is Zimmite Taiwan's Cyclically Adjusted PB Ratio too high?
Zimmite Taiwan's current Cyclically Adjusted PB Ratio of 1.92 is 17% below median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 2.81. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Zimmite Taiwan's value of 1.92 is 16.4% above this industry median. Based on the distribution chart, Zimmite Taiwan ranks #677 out of 1210 companies in the Chemicals industry, which is below the industry midpoint. Overall, Zimmite Taiwan has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zimmite Taiwan's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Zimmite Taiwan ranks #677 out of 1210 companies for Cyclically Adjusted PB Ratio. This places Zimmite Taiwan in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Zimmite Taiwan's value of 1.92 is 16.4% above this benchmark. Historically, Zimmite Taiwan's own Cyclically Adjusted PB Ratio has ranged from 1.82 to 2.81 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 1.65, Zimmite Taiwan 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,210 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. Zimmite Taiwan's current Cyclically Adjusted PB Ratio of 1.92 is 16.4% 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 Zimmite Taiwan and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zimmite Taiwan's current Cyclically Adjusted PB Ratio is 1.92, which is 17% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zimmite Taiwan stock overvalued right now?
Based on GuruFocus' analysis, Zimmite Taiwan (ROCO:8435) is currently considered Fairly Valued. The stock's GF Value™ is NT$55.19, compared to a current price of NT$53.10 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.92, which is 17% below median its 10-year median of 2.30 and 16.4% above the Chemicals industry median of 1.65. Zimmite Taiwan's overall GF Score™ is 66/100 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 Zimmite Taiwan (ROCO:8435), the current Cyclically Adjusted PB Ratio is 1.92 as of Aug. 15, 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 Zimmite Taiwan (ROCO:8435) Overvalued in 2026?

Based on GuruFocus' analysis, Zimmite Taiwan stock appears to be undervalued. The current stock price of NT$53.10 is trading 3.8% below its estimated GF Value™ of NT$55.19. GuruFocus considers Zimmite Taiwan to be Fairly Valued.

Key valuation signals for ROCO:8435:

  • Cyclically Adjusted PB Ratio: 1.92 (17% below median its 10-year median of 2.30)
  • GF Value™: NT$55.19 vs. price of NT$53.10 (3.8% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 16.4% above the Chemicals median (#677 of 1210)

No single metric tells the full story. See the ROCO:8435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zimmite Taiwan Business Description

Address No.77, Sec. 1, Xintai 5th Road, 5F-4, New Taipei City, TWN, 22101
Zimmite Taiwan Ltd is a Taiwan based company engaged in industrial water treatment business. It provides a comprehensive water treatment program, diagnostics, and specialty formulas. The company offered services include the production of proprietary and custom formulas, product development, after-sale product support and full technical support of industrial water treatment. The company serves a broad range of customers, including oil refineries and petrochemicals production plants, power generation plants, textile manufacturing processes, public facilities and others.
66GF Score

Get the complete analysis for ROCO:8435

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

NT$53.10
Price
NT$55.19
GF Value