Kwong Lung Enterprise Co (ROCO:8916) Cyclically Adjusted PB Ratio: 1.00 (As of Aug. 14, 2026) — 30% Below Median

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ROCO:8916 Kwong Lung Enterprise Co Ltd ROCO:8916
75 GF Score
Price NT$40.30
GF Value NT$52.00
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kwong Lung Enterprise Co Cyclically Adjusted PB Ratio?

Kwong Lung Enterprise Co ROCO:8916 +0.62% 75 Cyclically Adjusted PB Ratio is 1.00 as of Aug. 14, 2026, which is 30% below its 10-year median of 1.42. GuruFocus rates ROCO:8916 with a GF Score™ of 75/100 and a GF Value™ of NT$52.00 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 827 Manufacturing - Apparel & Accessories companies, Kwong Lung Enterprise Co ranks worse than 53.93% on this metric.

As of today (2026-08-14), Kwong Lung Enterprise Co's current share price is NT$40.30. Kwong Lung Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$40.43. Kwong Lung Enterprise Co's Cyclically Adjusted PB Ratio for today is 1.00.

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

ROCO:8916' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.42   Max: 1.73
Current: 1.06

During the past years, Kwong Lung Enterprise Co's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 1.06. And the median was 1.42.

ROCO:8916's Cyclically Adjusted PB Ratio is ranked worse than
53.93% of 827 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs ROCO:8916: 1.06

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.

Kwong Lung Enterprise Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$33.121. 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$40.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kwong Lung Enterprise Co  (ROCO:8916) 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.


Kwong Lung Enterprise Co Cyclically Adjusted PB Ratio Related Terms


Kwong Lung Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kwong Lung Enterprise 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.

Kwong Lung Enterprise Co Cyclically Adjusted PB Ratio Chart

Kwong Lung Enterprise 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 1.24 1.45 1.49 1.46 1.25

Kwong Lung Enterprise 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 1.45 1.27 1.24 1.25 1.16

Kwong Lung Enterprise Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Kwong Lung Enterprise 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.


Kwong Lung Enterprise Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kwong Lung Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kwong Lung Enterprise Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8916
75GF Score
Kwong Lung Enterprise Co Ltd ROCO:8916
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kwong Lung Enterprise 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.

Kwong Lung Enterprise Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.30/40.43
=1.00

* 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.

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

For example, Kwong Lung Enterprise 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)
=33.121/330.2130*330.2130
=33.121

Current CPI (Mar. 2026) = 330.2130.

Kwong Lung Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 29.230 241.018 40.047
201609 31.137 241.428 42.588
201612 32.364 241.432 44.265
201703 25.049 243.801 33.927
201706 22.600 244.955 30.466
201709 24.553 246.819 32.849
201712 25.804 246.524 34.564
201803 26.493 249.554 35.056
201806 25.266 251.989 33.109
201809 26.800 252.439 35.057
201812 35.028 251.233 46.040
201903 35.545 254.202 46.174
201906 35.135 256.143 45.295
201909 37.641 256.759 48.409
201912 37.220 256.974 47.828
202003 36.659 258.115 46.899
202006 34.931 257.797 44.743
202009 35.586 260.280 45.147
202012 36.117 260.474 45.787
202103 37.840 264.877 47.174
202106 38.289 271.696 46.536
202109 34.918 274.310 42.034
202112 36.376 278.802 43.084
202203 37.964 287.504 43.604
202206 36.458 296.311 40.629
202209 38.539 296.808 42.876
202212 38.858 296.797 43.233
202303 35.496 301.836 38.833
202306 36.471 305.109 39.472
202309 38.014 307.789 40.784
202312 37.253 306.746 40.103
202403 35.187 312.332 37.201
202406 37.013 314.175 38.902
202409 37.901 315.301 39.694
202412 38.553 315.605 40.337
202503 35.553 319.799 36.711
202506 32.848 322.561 33.627
202509 35.028 324.800 35.612
202512 35.797 324.054 36.477
202603 33.121 330.213 33.121

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 1.00 mean?
Kwong Lung Enterprise Co (ROCO:8916) has a Cyclically Adjusted PB Ratio of 1.00 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 Kwong Lung Enterprise Co and its competitors. This is 30% below median its historical median of 1.42. Over the past decade, Kwong Lung Enterprise Co's Cyclically Adjusted PB Ratio has ranged from 1.06 to 1.73. According to the industry distribution chart, Kwong Lung Enterprise Co ranks #446 out of 827 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.9%.
Is Kwong Lung Enterprise Co's Cyclically Adjusted PB Ratio too high?
Kwong Lung Enterprise Co's current Cyclically Adjusted PB Ratio of 1.00 is 30% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 1.73. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Kwong Lung Enterprise Co's value of 1.00 is 2% above this industry median. Based on the distribution chart, Kwong Lung Enterprise Co ranks #446 out of 827 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Kwong Lung Enterprise Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwong Lung Enterprise Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kwong Lung Enterprise Co ranks #446 out of 827 companies for Cyclically Adjusted PB Ratio. This places Kwong Lung Enterprise Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Kwong Lung Enterprise Co's value of 1.00 is 2% above this benchmark. Historically, Kwong Lung Enterprise Co's own Cyclically Adjusted PB Ratio has ranged from 1.06 to 1.73 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 0.98, Kwong Lung Enterprise 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.98, based on 827 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. Kwong Lung Enterprise Co's current Cyclically Adjusted PB Ratio of 1.00 is 2% 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 Kwong Lung Enterprise Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwong Lung Enterprise Co's current Cyclically Adjusted PB Ratio is 1.00, which is 30% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Lung Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Kwong Lung Enterprise Co (ROCO:8916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$52.00, compared to a current price of NT$40.30 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is 30% below median its 10-year median of 1.42 and 2% above the Manufacturing - Apparel & Accessories industry median of 0.98. Kwong Lung Enterprise Co's overall GF Score™ is 75/100 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 Kwong Lung Enterprise Co (ROCO:8916), the current Cyclically Adjusted PB Ratio is 1.00 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 Kwong Lung Enterprise Co (ROCO:8916) Overvalued in 2026?

Based on GuruFocus' analysis, Kwong Lung Enterprise Co stock appears to be undervalued. The current stock price of NT$40.30 is trading 22.5% below its estimated GF Value™ of NT$52.00. GuruFocus considers Kwong Lung Enterprise Co to be Modestly Undervalued.

Key valuation signals for ROCO:8916:

  • Cyclically Adjusted PB Ratio: 1.00 (30% below median its 10-year median of 1.42)
  • GF Value™: NT$52.00 vs. price of NT$40.30 (22.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 2% above the Manufacturing - Apparel & Accessories median (#446 of 827)

No single metric tells the full story. See the ROCO:8916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kwong Lung Enterprise Co Business Description

Address Dunhua South Road, Section 2, No. 105, 16th Floor, Da\'an District, Taipei, TWN, 10682
Kwong Lung Enterprise Co Ltd mainly manufactures and sells various feather products, including apparel, down, and bedding. Its product portfolio comprises Gore-Tex garments, S-seal waterproof clothing, down jackets, sleeping bags, padded outerwear, tents, duvets, pillow covers, bedsheets, etc. The Group's operating segments are: Apparel department, Down material department, Home textile department, and Others. The majority of its revenue is generated from the Apparel department, which is engaged in manufacturing, developing, designing, and selling apparel. Geographically, it derives maximum revenue from Japan, and the rest from the USA, Taiwan, China, Vietnam, and other regions.
75GF Score

Get the complete analysis for ROCO:8916

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

NT$40.30
Price
NT$52.00
GF Value