Pili International Multimedia Co (ROCO:8450) Cyclically Adjusted PB Ratio: 0.51 (As of Aug. 12, 2026) — 30% Below 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:8450 Pili International Multimedia Co Ltd ROCO:8450
49 GF Score
Price NT$15.10
GF Value NT$21.50
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Pili International Multimedia Co Cyclically Adjusted PB Ratio?

Pili International Multimedia Co ROCO:8450 -0.33% 49 Cyclically Adjusted PB Ratio is 0.51 as of Aug. 12, 2026, which is 30% below its 10-year median of 0.73. GuruFocus rates ROCO:8450 with a GF Score™ of 49/100 and a GF Value™ of NT$21.50 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 697 Media - Diversified companies, Pili International Multimedia Co ranks better than 71.16% on this metric.

As of today (2026-08-12), Pili International Multimedia Co's current share price is NT$15.10. Pili International Multimedia Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$29.54. Pili International Multimedia Co's Cyclically Adjusted PB Ratio for today is 0.51.

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

ROCO:8450' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.73   Max: 1.12
Current: 0.51

During the past years, Pili International Multimedia Co's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.50. And the median was 0.73.

ROCO:8450's Cyclically Adjusted PB Ratio is ranked better than
71.16% of 697 companies
in the Media - Diversified industry
Industry Median: 0.96 vs ROCO:8450: 0.51

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.

Pili International Multimedia Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$8.425. 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$29.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pili International Multimedia Co  (ROCO:8450) 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.


Pili International Multimedia Co Cyclically Adjusted PB Ratio Related Terms


Pili International Multimedia Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pili International Multimedia 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.

Pili International Multimedia Co Cyclically Adjusted PB Ratio Chart

Pili International Multimedia 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 0.00 0.85 0.74 0.75 0.58

Pili International Multimedia 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 0.71 0.64 0.57 0.58 0.59

ROCO:8450 vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Pili International Multimedia 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.


Pili International Multimedia Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pili International Multimedia Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:8450
49GF Score
Pili International Multimedia Co Ltd ROCO:8450
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pili International Multimedia 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.

Pili International Multimedia Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.10/29.54
=0.51

* 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.

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

For example, Pili International Multimedia 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)
=8.425/330.2130*330.2130
=8.425

Current CPI (Mar. 2026) = 330.2130.

Pili International Multimedia Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 29.229 241.018 40.046
201609 33.408 241.428 45.694
201612 33.437 241.432 45.733
201703 31.978 243.801 43.312
201706 31.467 244.955 42.419
201709 32.043 246.819 42.870
201712 31.429 246.524 42.098
201803 31.937 249.554 42.259
201806 32.648 251.989 42.783
201809 33.026 252.439 43.201
201812 32.793 251.233 43.102
201903 32.292 254.202 41.948
201906 30.824 256.143 39.738
201909 30.635 256.759 39.399
201912 29.710 256.974 38.178
202003 29.694 258.115 37.988
202006 29.224 257.797 37.433
202009 28.440 260.280 36.081
202012 26.803 260.474 33.979
202103 26.382 264.877 32.890
202106 25.252 271.696 30.691
202109 24.458 274.310 29.442
202112 22.102 278.802 26.178
202203 21.516 287.504 24.712
202206 20.821 296.311 23.203
202209 20.821 296.808 23.164
202212 19.786 296.797 22.014
202303 18.897 301.836 20.674
202306 18.304 305.109 19.810
202309 17.983 307.789 19.293
202312 15.639 306.746 16.835
202403 15.526 312.332 16.415
202406 15.536 314.175 16.329
202409 14.618 315.301 15.309
202412 13.605 315.605 14.235
202503 12.822 319.799 13.240
202506 11.111 322.561 11.375
202509 10.558 324.800 10.734
202512 8.079 324.054 8.233
202603 8.425 330.213 8.425

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 0.51 mean?
Pili International Multimedia Co (ROCO:8450) has a Cyclically Adjusted PB Ratio of 0.51 as of Aug. 12, 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 Pili International Multimedia Co and its competitors. This is 30% below median its historical median of 0.73. Over the past decade, Pili International Multimedia Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.12. According to the industry distribution chart, Pili International Multimedia Co ranks #201 out of 697 companies in the Media - Diversified industry, placing it in the top 28.8%.
Is Pili International Multimedia Co's Cyclically Adjusted PB Ratio too high?
Pili International Multimedia Co's current Cyclically Adjusted PB Ratio of 0.51 is 30% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.12. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.96. Pili International Multimedia Co's value of 0.51 is 46.9% below this industry median. Based on the distribution chart, Pili International Multimedia Co ranks #201 out of 697 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Pili International Multimedia Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pili International Multimedia Co's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Pili International Multimedia Co ranks #201 out of 697 companies for Cyclically Adjusted PB Ratio. This puts Pili International Multimedia Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Pili International Multimedia Co's value of 0.51 is 46.9% below this benchmark. Historically, Pili International Multimedia Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.12 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.96, Pili International Multimedia 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 a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.96, based on 697 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. Pili International Multimedia Co's current Cyclically Adjusted PB Ratio of 0.51 is 46.9% 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 Pili International Multimedia Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pili International Multimedia Co's current Cyclically Adjusted PB Ratio is 0.51, which is 30% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pili International Multimedia Co stock overvalued right now?
Based on GuruFocus' analysis, Pili International Multimedia Co (ROCO:8450) is currently considered Possible Value Trap. The stock's GF Value™ is NT$21.50, compared to a current price of NT$15.10 — trading 29.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is 30% below median its 10-year median of 0.73 and 46.9% below the Media - Diversified industry median of 0.96. Pili International Multimedia Co's overall GF Score™ is 49/100 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 Pili International Multimedia Co (ROCO:8450), the current Cyclically Adjusted PB Ratio is 0.51 as of Aug. 12, 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 Pili International Multimedia Co (ROCO:8450) Overvalued in 2026?

Based on GuruFocus' analysis, Pili International Multimedia Co stock appears to be undervalued. The current stock price of NT$15.10 is trading 29.8% below its estimated GF Value™ of NT$21.50. GuruFocus considers Pili International Multimedia Co to be Possible Value Trap.

Key valuation signals for ROCO:8450:

  • Cyclically Adjusted PB Ratio: 0.51 (30% below median its 10-year median of 0.73)
  • GF Value™: NT$21.50 vs. price of NT$15.10 (29.8% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 46.9% below the Media - Diversified median (#201 of 697)

No single metric tells the full story. See the ROCO:8450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pili International Multimedia Co Business Description

Address No. 95, Section 1, Xintai 5th Road, 32nd Floor, Xizhi District, New Taipei, TWN, 115
Pili International Multimedia Co Ltd is a maker of a popular puppet shows called Pili in Taiwan. It is engaged in production and distribution of DVDs, film production of 3D movies, satellite television station, sound track production and distribution, publications and posters among others.
49GF Score

Get the complete analysis for ROCO:8450

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

NT$15.10
Price
NT$21.50
GF Value