O-Ta Precision Industry Co (ROCO:8924) Cyclically Adjusted PB Ratio: 1.20 (As of Aug. 23, 2026) — 51% Below Median

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ROCO:8924 O-Ta Precision Industry Co Ltd ROCO:8924
71 GF Score
Price NT$50.60
GF Value NT$80.78
Valuation Possible Value Trap
! 6 Warning Signs
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What is O-Ta Precision Industry Co Cyclically Adjusted PB Ratio?

O-Ta Precision Industry Co ROCO:8924 +0.20% 71 Cyclically Adjusted PB Ratio is 1.20 as of Aug. 23, 2026, which is 51% below its 10-year median of 2.45. GuruFocus rates ROCO:8924 with a GF Score™ of 71/100 and a GF Value™ of NT$80.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 627 Travel & Leisure companies, O-Ta Precision Industry Co ranks worse than 50.08% on this metric.

As of today (2026-08-23), O-Ta Precision Industry Co's current share price is NT$50.60. O-Ta Precision Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$42.00. O-Ta Precision Industry Co's Cyclically Adjusted PB Ratio for today is 1.20.

The historical rank and industry rank for O-Ta Precision Industry Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:8924' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.45   Max: 6.28
Current: 1.2

During the past years, O-Ta Precision Industry Co's highest Cyclically Adjusted PB Ratio was 6.28. The lowest was 1.20. And the median was 2.45.

ROCO:8924's Cyclically Adjusted PB Ratio is ranked worse than
50.08% of 627 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs ROCO:8924: 1.20

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.

O-Ta Precision Industry Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$46.569. 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$42.00 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


O-Ta Precision Industry Co  (ROCO:8924) 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.


O-Ta Precision Industry Co Cyclically Adjusted PB Ratio Related Terms


O-Ta Precision Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for O-Ta Precision Industry 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.

O-Ta Precision Industry Co Cyclically Adjusted PB Ratio Chart

O-Ta Precision Industry 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 4.99 3.59 2.58 1.97 1.81

O-Ta Precision Industry Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.48 1.84 1.81 1.62 1.33

ROCO:8924 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, O-Ta Precision Industry 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.


O-Ta Precision Industry Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, O-Ta Precision Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where O-Ta Precision Industry Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8924
71GF Score
O-Ta Precision Industry Co Ltd ROCO:8924
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

O-Ta Precision Industry 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.

O-Ta Precision Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.60/42.00
=1.20

* 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.

O-Ta Precision Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, O-Ta Precision Industry Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=46.569/333.9520*333.9520
=46.569

Current CPI (Jun. 2026) = 333.9520.

O-Ta Precision Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.007 241.428 29.058
201612 20.871 241.432 28.869
201703 19.354 243.801 26.511
201706 18.416 244.955 25.107
201709 31.127 246.819 42.116
201712 31.929 246.524 43.252
201803 32.350 249.554 43.291
201806 22.336 251.989 29.601
201809 23.076 252.439 30.527
201812 23.610 251.233 31.384
201903 25.037 254.202 32.892
201906 26.407 256.143 34.429
201909 27.313 256.759 35.524
201912 27.209 256.974 35.360
202003 27.693 258.115 35.830
202006 25.051 257.797 32.451
202009 27.609 260.280 35.424
202012 29.487 260.474 37.805
202103 33.194 264.877 41.850
202106 33.357 271.696 41.000
202109 39.281 274.310 47.822
202112 44.123 278.802 52.851
202203 35.078 287.504 40.745
202206 42.492 296.311 47.890
202209 48.480 296.808 54.547
202212 53.943 296.797 60.696
202303 42.407 301.836 46.919
202306 43.602 305.109 47.724
202309 46.663 307.789 50.629
202312 45.642 306.746 49.690
202403 44.876 312.332 47.982
202406 47.588 314.175 50.584
202409 47.889 315.301 50.722
202412 50.327 315.605 53.253
202503 47.536 319.799 49.640
202506 41.804 322.561 43.280
202509 45.881 324.800 47.174
202512 49.775 324.054 51.295
202603 47.164 330.213 47.698
202606 46.569 333.952 46.569

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 1.20 mean?
O-Ta Precision Industry Co (ROCO:8924) has a Cyclically Adjusted PB Ratio of 1.20 as of Aug. 23, 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 O-Ta Precision Industry Co and its competitors. This is 51% below median its historical median of 2.45. Over the past decade, O-Ta Precision Industry Co's Cyclically Adjusted PB Ratio has ranged from 1.20 to 6.28. According to the industry distribution chart, O-Ta Precision Industry Co ranks #314 out of 627 companies in the Travel & Leisure industry, placing it in the top 50.1%.
Is O-Ta Precision Industry Co's Cyclically Adjusted PB Ratio too high?
O-Ta Precision Industry Co's current Cyclically Adjusted PB Ratio of 1.20 is 51% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 6.28. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. O-Ta Precision Industry Co's value of 1.20 is 0% at this industry median. Based on the distribution chart, O-Ta Precision Industry Co ranks #314 out of 627 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, O-Ta Precision Industry Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does O-Ta Precision Industry Co's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, O-Ta Precision Industry Co ranks #314 out of 627 companies for Cyclically Adjusted PB Ratio. This places O-Ta Precision Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. O-Ta Precision Industry Co's value of 1.20 is 0% at this benchmark. Historically, O-Ta Precision Industry Co's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 6.28 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 1.20, O-Ta Precision Industry Co has consistently been at 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 627 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. O-Ta Precision Industry Co's current Cyclically Adjusted PB Ratio of 1.20 is 0% at 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 O-Ta Precision Industry Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. O-Ta Precision Industry Co's current Cyclically Adjusted PB Ratio is 1.20, which is 51% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is O-Ta Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, O-Ta Precision Industry Co (ROCO:8924) is currently considered Possible Value Trap. The stock's GF Value™ is NT$80.78, compared to a current price of NT$50.60 — trading 37.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.20, which is 51% below median its 10-year median of 2.45 and 0% at the Travel & Leisure industry median of 1.20. O-Ta Precision Industry Co's overall GF Score™ is 71/100 with 6 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 O-Ta Precision Industry Co (ROCO:8924), the current Cyclically Adjusted PB Ratio is 1.20 as of Aug. 23, 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 O-Ta Precision Industry Co (ROCO:8924) Overvalued in 2026?

Based on GuruFocus' analysis, O-Ta Precision Industry Co stock appears to be undervalued. The current stock price of NT$50.60 is trading 37.4% below its estimated GF Value™ of NT$80.78. GuruFocus considers O-Ta Precision Industry Co to be Possible Value Trap.

Key valuation signals for ROCO:8924:

  • Cyclically Adjusted PB Ratio: 1.20 (51% below median its 10-year median of 2.45)
  • GF Value™: NT$80.78 vs. price of NT$50.60 (37.4% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 0% at the Travel & Leisure median (#314 of 627)

No single metric tells the full story. See the ROCO:8924 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


O-Ta Precision Industry Co Business Description

Address No. 8, Jianfu Road, Neipu Township, Pingtung County, Pingtung, TWN, 912018
O-Ta Precision Industry Co Ltd is a Taiwan-based company engaged in manufacturing, processing (outsourced by other businesses), assembly, and sales of golf club heads and semi-finished goods. The company's operating segments are; The Golf equipment segment which generates key revenue and is responsible for manufacturing, processing, and selling golf heads, shafts, and golf equipment; and the Other segments are responsible for manufacturing and selling bicycles and plumbing parts.
71GF Score

Get the complete analysis for ROCO:8924

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

NT$50.60
Price
NT$80.78
GF Value