North-Star International Co (ROCO:8927) Cyclically Adjusted PB Ratio: 1.89 (As of Aug. 16, 2026) — 36% Below Median

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ROCO:8927 North-Star International Co Ltd ROCO:8927
66 GF Score
Price NT$19.95
GF Value NT$52.17
Valuation Possible Value Trap
! 7 Warning Signs
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What is North-Star International Co Cyclically Adjusted PB Ratio?

North-Star International Co ROCO:8927 +0.25% 66 Cyclically Adjusted PB Ratio is 1.89 as of Aug. 16, 2026, which is 36% below its 10-year median of 2.97. GuruFocus rates ROCO:8927 with a GF Score™ of 66/100 and a GF Value™ of NT$52.17 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 792 Retail - Cyclical companies, North-Star International Co ranks worse than 65.03% on this metric.

As of today (2026-08-16), North-Star International Co's current share price is NT$19.95. North-Star International Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$10.55. North-Star International Co's Cyclically Adjusted PB Ratio for today is 1.89.

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

ROCO:8927' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.97   Max: 6.15
Current: 1.89

During the past years, North-Star International Co's highest Cyclically Adjusted PB Ratio was 6.15. The lowest was 1.27. And the median was 2.97.

ROCO:8927's Cyclically Adjusted PB Ratio is ranked worse than
65.03% of 792 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs ROCO:8927: 1.89

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.

North-Star International Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$13.307. 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$10.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


North-Star International Co  (ROCO:8927) 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.


North-Star International Co Cyclically Adjusted PB Ratio Related Terms


North-Star International Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for North-Star International 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.

North-Star International Co Cyclically Adjusted PB Ratio Chart

North-Star International 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 2.67 3.02 4.47 4.42 2.35

North-Star International 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 4.32 4.31 3.83 2.35 2.19

ROCO:8927 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, North-Star International 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.


North-Star International Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, North-Star International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where North-Star International Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8927
66GF Score
North-Star International Co Ltd ROCO:8927
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North-Star International 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.

North-Star International Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.95/10.55
=1.89

* 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.

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

For example, North-Star International 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)
=13.307/330.2130*330.2130
=13.307

Current CPI (Mar. 2026) = 330.2130.

North-Star International Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.408 241.018 8.779
201609 6.348 241.428 8.682
201612 6.427 241.432 8.790
201703 6.464 243.801 8.755
201706 6.506 244.955 8.770
201709 6.604 246.819 8.835
201712 6.677 246.524 8.944
201803 6.763 249.554 8.949
201806 6.796 251.989 8.906
201809 6.841 252.439 8.949
201812 6.847 251.233 8.999
201903 6.924 254.202 8.994
201906 6.884 256.143 8.875
201909 6.901 256.759 8.875
201912 6.905 256.974 8.873
202003 6.898 258.115 8.825
202006 6.914 257.797 8.856
202009 6.999 260.280 8.880
202012 7.239 260.474 9.177
202103 7.401 264.877 9.227
202106 7.630 271.696 9.273
202109 7.642 274.310 9.199
202112 9.331 278.802 11.052
202203 9.383 287.504 10.777
202206 9.293 296.311 10.356
202209 9.433 296.808 10.495
202212 9.920 296.797 11.037
202303 11.663 301.836 12.759
202306 10.339 305.109 11.190
202309 11.551 307.789 12.393
202312 12.363 306.746 13.309
202403 12.406 312.332 13.116
202406 12.778 314.175 13.430
202409 13.322 315.301 13.952
202412 13.216 315.605 13.828
202503 13.451 319.799 13.889
202506 13.231 322.561 13.545
202509 13.232 324.800 13.453
202512 13.275 324.054 13.527
202603 13.307 330.213 13.307

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 1.89 mean?
North-Star International Co (ROCO:8927) has a Cyclically Adjusted PB Ratio of 1.89 as of Aug. 16, 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 North-Star International Co and its competitors. This is 36% below median its historical median of 2.97. Over the past decade, North-Star International Co's Cyclically Adjusted PB Ratio has ranged from 1.27 to 6.15. According to the industry distribution chart, North-Star International Co ranks #515 out of 792 companies in the Retail - Cyclical industry, placing it in the top 65%.
Is North-Star International Co's Cyclically Adjusted PB Ratio too high?
North-Star International Co's current Cyclically Adjusted PB Ratio of 1.89 is 36% below median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 6.15. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. North-Star International Co's value of 1.89 is 54.9% above this industry median. Based on the distribution chart, North-Star International Co ranks #515 out of 792 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, North-Star International Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North-Star International Co's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, North-Star International Co ranks #515 out of 792 companies for Cyclically Adjusted PB Ratio. This places North-Star International Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. North-Star International Co's value of 1.89 is 54.9% above this benchmark. Historically, North-Star International Co's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 6.15 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 1.22, North-Star International 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.22, based on 792 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. North-Star International Co's current Cyclically Adjusted PB Ratio of 1.89 is 54.9% 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 North-Star International Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North-Star International Co's current Cyclically Adjusted PB Ratio is 1.89, which is 36% below median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, North-Star International Co (ROCO:8927) is currently considered Possible Value Trap. The stock's GF Value™ is NT$52.17, compared to a current price of NT$19.95 — trading 61.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.89, which is 36% below median its 10-year median of 2.97 and 54.9% above the Retail - Cyclical industry median of 1.22. North-Star International Co's overall GF Score™ is 66/100 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 North-Star International Co (ROCO:8927), the current Cyclically Adjusted PB Ratio is 1.89 as of Aug. 16, 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 North-Star International Co (ROCO:8927) Overvalued in 2026?

Based on GuruFocus' analysis, North-Star International Co stock appears to be undervalued. The current stock price of NT$19.95 is trading 61.8% below its estimated GF Value™ of NT$52.17. GuruFocus considers North-Star International Co to be Possible Value Trap.

Key valuation signals for ROCO:8927:

  • Cyclically Adjusted PB Ratio: 1.89 (36% below median its 10-year median of 2.97)
  • GF Value™: NT$52.17 vs. price of NT$19.95 (61.8% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 54.9% above the Retail - Cyclical median (#515 of 792)

No single metric tells the full story. See the ROCO:8927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North-Star International Co Business Description

Address No. 137, Xinhai Road, Banqiao District, New Taipei City, TWN, 220
North-Star International Co Ltd is mainly engaged in petrol filling stations and the retail business of gasoline products. In addition, for the diversification operation of the Group, the Group has been expanding into hotels, real estate development and sale, as well as renewable energy development services. The Group has three reportable segments: gasoline sales, restaurant and travel service, and optoelectronics business. The gasoline sales segment, which generates maximum revenue, is engaged in retailing petrol filling stations and gasoline products. The restaurant and travel service segment is engaged in the hotel and restaurant industry. The optoelectronics business segment is engaged in solar power generation, energy storage, and electricity sales.
66GF Score

Get the complete analysis for ROCO:8927

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

NT$19.95
Price
NT$52.17
GF Value