E&E Recycling (ROCO:8440) Cyclically Adjusted PB Ratio: 1.51 (As of Aug. 14, 2026) — 36% Below Median

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ROCO:8440 E&E Recycling Inc ROCO:8440
80 GF Score
Price NT$19.85
GF Value NT$27.73
Valuation Modestly Undervalued
! 7 Warning Signs
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What is E&E Recycling Cyclically Adjusted PB Ratio?

E&E Recycling ROCO:8440 -0.75% 80 Cyclically Adjusted PB Ratio is 1.51 as of Aug. 14, 2026, which is 36% below its 10-year median of 2.37. GuruFocus rates ROCO:8440 with a GF Score™ of 80/100 and a GF Value™ of NT$27.73 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 161 Waste Management companies, E&E Recycling ranks better than 52.17% on this metric.

As of today (2026-08-14), E&E Recycling's current share price is NT$19.85. E&E Recycling's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$13.15. E&E Recycling's Cyclically Adjusted PB Ratio for today is 1.51.

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

ROCO:8440' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.37   Max: 4.05
Current: 1.49

During the past years, E&E Recycling's highest Cyclically Adjusted PB Ratio was 4.05. The lowest was 1.49. And the median was 2.37.

ROCO:8440's Cyclically Adjusted PB Ratio is ranked better than
52.17% of 161 companies
in the Waste Management industry
Industry Median: 1.66 vs ROCO:8440: 1.49

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.

E&E Recycling's adjusted book value per share data for the three months ended in Mar. 2026 was NT$13.297. 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$13.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


E&E Recycling  (ROCO:8440) 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.


E&E Recycling Cyclically Adjusted PB Ratio Related Terms


E&E Recycling Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for E&E Recycling'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.

E&E Recycling Cyclically Adjusted PB Ratio Chart

E&E Recycling 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 0.00 0.00 2.24 2.50 1.93

E&E Recycling 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 2.56 2.44 1.97 1.93 1.69

ROCO:8440 vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, E&E Recycling'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.


E&E Recycling Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, E&E Recycling's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E&E Recycling's Cyclically Adjusted PB Ratio falls into.


ROCO:8440
80GF Score
E&E Recycling Inc ROCO:8440
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E&E Recycling 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.

E&E Recycling's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.85/13.15
=1.51

* 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.

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

For example, E&E Recycling'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)
=13.297/330.2130*330.2130
=13.297

Current CPI (Mar. 2026) = 330.2130.

E&E Recycling Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.358 241.018 12.821
201609 0.000 241.428 0.000
201612 9.676 241.432 13.234
201703 0.000 243.801 0.000
201706 9.412 244.955 12.688
201709 9.685 246.819 12.957
201712 9.941 246.524 13.316
201803 10.853 249.554 14.361
201806 10.319 251.989 13.522
201809 10.358 252.439 13.549
201812 10.432 251.233 13.712
201903 10.376 254.202 13.479
201906 10.083 256.143 12.999
201909 10.217 256.759 13.140
201912 10.400 256.974 13.364
202003 10.484 258.115 13.412
202006 10.199 257.797 13.064
202009 10.293 260.280 13.059
202012 10.567 260.474 13.396
202103 10.744 264.877 13.394
202106 10.783 271.696 13.105
202109 11.048 274.310 13.300
202112 11.360 278.802 13.455
202203 11.595 287.504 13.317
202206 11.102 296.311 12.372
202209 11.151 296.808 12.406
202212 11.603 296.797 12.909
202303 12.054 301.836 13.187
202306 11.918 305.109 12.899
202309 12.119 307.789 13.002
202312 12.269 306.746 13.208
202403 12.310 312.332 13.015
202406 12.379 314.175 13.011
202409 12.447 315.301 13.036
202412 12.628 315.605 13.212
202503 12.614 319.799 13.025
202506 12.481 322.561 12.777
202509 12.562 324.800 12.771
202512 12.774 324.054 13.017
202603 13.297 330.213 13.297

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 1.51 mean?
E&E Recycling (ROCO:8440) has a Cyclically Adjusted PB Ratio of 1.51 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 E&E Recycling and its competitors. This is 36% below median its historical median of 2.37. Over the past decade, E&E Recycling's Cyclically Adjusted PB Ratio has ranged from 1.49 to 4.05. According to the industry distribution chart, E&E Recycling ranks #77 out of 161 companies in the Waste Management industry, placing it in the top 47.8%.
Is E&E Recycling's Cyclically Adjusted PB Ratio too high?
E&E Recycling's current Cyclically Adjusted PB Ratio of 1.51 is 36% below median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 4.05. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.66. E&E Recycling's value of 1.51 is 9% below this industry median. Based on the distribution chart, E&E Recycling ranks #77 out of 161 companies in the Waste Management industry, which is above the industry midpoint. Overall, E&E Recycling has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E&E Recycling's Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, E&E Recycling ranks #77 out of 161 companies for Cyclically Adjusted PB Ratio. This puts E&E Recycling in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. E&E Recycling's value of 1.51 is 9% below this benchmark. Historically, E&E Recycling's own Cyclically Adjusted PB Ratio has ranged from 1.49 to 4.05 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.66, E&E Recycling 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.66, based on 161 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. E&E Recycling's current Cyclically Adjusted PB Ratio of 1.51 is 9% 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 E&E Recycling and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E&E Recycling's current Cyclically Adjusted PB Ratio is 1.51, which is 36% below median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E&E Recycling stock overvalued right now?
Based on GuruFocus' analysis, E&E Recycling (ROCO:8440) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$27.73, compared to a current price of NT$19.85 — trading 28.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.51, which is 36% below median its 10-year median of 2.37 and 9% below the Waste Management industry median of 1.66. E&E Recycling's overall GF Score™ is 80/100 with 7 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 E&E Recycling (ROCO:8440), the current Cyclically Adjusted PB Ratio is 1.51 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 E&E Recycling (ROCO:8440) Overvalued in 2026?

Based on GuruFocus' analysis, E&E Recycling stock appears to be undervalued. The current stock price of NT$19.85 is trading 28.4% below its estimated GF Value™ of NT$27.73. GuruFocus considers E&E Recycling to be Modestly Undervalued.

Key valuation signals for ROCO:8440:

  • Cyclically Adjusted PB Ratio: 1.51 (36% below median its 10-year median of 2.37)
  • GF Value™: NT$27.73 vs. price of NT$19.85 (28.4% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 9% below the Waste Management median (#77 of 161)

No single metric tells the full story. See the ROCO:8440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E&E Recycling Business Description

Address No. 128, Lane 313, Taizun Road, Touhu Village, Yangmei District, Taoyuan, TWN
E&E Recycling Inc is a Taiwan-based company engaged in recycling waste household electric appliances. It has operations for recycling televisions, refrigerators, washing machines, air conditioners, and information products. It provides services such as system planning, sales of five treatment equipment, waste electric household appliances treatment, operation and management, and sales of derivatives. Apart from Taiwan, the company also has factories located in Mainland China.
80GF Score

Get the complete analysis for ROCO:8440

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

NT$19.85
Price
NT$27.73
GF Value