Fu Burg Industrial Co (ROCO:8929) Cyclically Adjusted PB Ratio: 0.64 (As of Aug. 12, 2026) — 38% 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:8929 Fu Burg Industrial Co Ltd ROCO:8929
56 GF Score
Price NT$13.45
GF Value NT$20.84
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Fu Burg Industrial Co Cyclically Adjusted PB Ratio?

Fu Burg Industrial Co ROCO:8929 +1.51% 56 Cyclically Adjusted PB Ratio is 0.64 as of Aug. 12, 2026, which is 38% below its 10-year median of 1.04. GuruFocus rates ROCO:8929 with a GF Score™ of 56/100 and a GF Value™ of NT$20.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,407 Consumer Packaged Goods companies, Fu Burg Industrial Co ranks better than 76.76% on this metric.

As of today (2026-08-12), Fu Burg Industrial Co's current share price is NT$13.45. Fu Burg Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.06. Fu Burg Industrial Co's Cyclically Adjusted PB Ratio for today is 0.64.

The historical rank and industry rank for Fu Burg Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:8929' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.04   Max: 1.77
Current: 0.63

During the past years, Fu Burg Industrial Co's highest Cyclically Adjusted PB Ratio was 1.77. The lowest was 0.63. And the median was 1.04.

ROCO:8929's Cyclically Adjusted PB Ratio is ranked better than
76.76% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs ROCO:8929: 0.63

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.

Fu Burg Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$16.137. 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$21.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fu Burg Industrial Co  (ROCO:8929) 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.


Fu Burg Industrial Co Cyclically Adjusted PB Ratio Related Terms


Fu Burg Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fu Burg Industrial 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.

Fu Burg Industrial Co Cyclically Adjusted PB Ratio Chart

Fu Burg Industrial 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 1.13 0.99 0.97 1.21 0.83

Fu Burg Industrial 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 1.02 0.86 0.85 0.83 0.78

ROCO:8929 vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Fu Burg Industrial 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.


Fu Burg Industrial Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fu Burg Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fu Burg Industrial Co's Cyclically Adjusted PB Ratio falls into.


ROCO:8929
56GF Score
Fu Burg Industrial Co Ltd ROCO:8929
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fu Burg Industrial 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.

Fu Burg Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.45/21.06
=0.64

* 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.

Fu Burg Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fu Burg Industrial 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)
=16.137/330.2130*330.2130
=16.137

Current CPI (Mar. 2026) = 330.2130.

Fu Burg Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.619 241.018 22.769
201609 18.208 241.428 24.904
201612 18.322 241.432 25.059
201703 19.376 243.801 26.244
201706 18.497 244.955 24.935
201709 19.145 246.819 25.614
201712 19.409 246.524 25.998
201803 19.557 249.554 25.878
201806 18.760 251.989 24.584
201809 18.631 252.439 24.371
201812 18.820 251.233 24.736
201903 19.289 254.202 25.057
201906 18.732 256.143 24.149
201909 18.685 256.759 24.030
201912 18.420 256.974 23.670
202003 16.863 258.115 21.573
202006 17.776 257.797 22.769
202009 17.799 260.280 22.581
202012 18.593 260.474 23.571
202103 18.143 264.877 22.618
202106 17.603 271.696 21.394
202109 16.843 274.310 20.276
202112 16.583 278.802 19.641
202203 16.531 287.504 18.987
202206 16.186 296.311 18.038
202209 16.191 296.808 18.013
202212 15.744 296.797 17.517
202303 15.445 301.836 16.897
202306 15.282 305.109 16.539
202309 15.545 307.789 16.678
202312 15.690 306.746 16.890
202403 16.420 312.332 17.360
202406 17.285 314.175 18.167
202409 18.219 315.301 19.081
202412 17.744 315.605 18.565
202503 17.714 319.799 18.291
202506 15.929 322.561 16.307
202509 16.227 324.800 16.497
202512 15.662 324.054 15.960
202603 16.137 330.213 16.137

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 0.64 mean?
Fu Burg Industrial Co (ROCO:8929) has a Cyclically Adjusted PB Ratio of 0.64 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 Fu Burg Industrial Co and its competitors. This is 38% below median its historical median of 1.04. Over the past decade, Fu Burg Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.77. According to the industry distribution chart, Fu Burg Industrial Co ranks #327 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 23.2%.
Is Fu Burg Industrial Co's Cyclically Adjusted PB Ratio too high?
Fu Burg Industrial Co's current Cyclically Adjusted PB Ratio of 0.64 is 38% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.77. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Fu Burg Industrial Co's value of 0.64 is 49.2% below this industry median. Based on the distribution chart, Fu Burg Industrial Co ranks #327 out of 1407 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Fu Burg Industrial Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fu Burg Industrial Co's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Fu Burg Industrial Co ranks #327 out of 1407 companies for Cyclically Adjusted PB Ratio. This places Fu Burg Industrial Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. Fu Burg Industrial Co's value of 0.64 is 49.2% below this benchmark. Historically, Fu Burg Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.77 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.26, Fu Burg Industrial 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,407 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. Fu Burg Industrial Co's current Cyclically Adjusted PB Ratio of 0.64 is 49.2% 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 Fu Burg Industrial Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fu Burg Industrial Co's current Cyclically Adjusted PB Ratio is 0.64, which is 38% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fu Burg Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Fu Burg Industrial Co (ROCO:8929) is currently considered Possible Value Trap. The stock's GF Value™ is NT$20.84, compared to a current price of NT$13.45 — trading 35.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.64, which is 38% below median its 10-year median of 1.04 and 49.2% below the Consumer Packaged Goods industry median of 1.26. Fu Burg Industrial Co's overall GF Score™ is 56/100 with 5 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 Fu Burg Industrial Co (ROCO:8929), the current Cyclically Adjusted PB Ratio is 0.64 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 Fu Burg Industrial Co (ROCO:8929) Overvalued in 2026?

Based on GuruFocus' analysis, Fu Burg Industrial Co stock appears to be undervalued. The current stock price of NT$13.45 is trading 35.5% below its estimated GF Value™ of NT$20.84. GuruFocus considers Fu Burg Industrial Co to be Possible Value Trap.

Key valuation signals for ROCO:8929:

  • Cyclically Adjusted PB Ratio: 0.64 (38% below median its 10-year median of 1.04)
  • GF Value™: NT$20.84 vs. price of NT$13.45 (35.5% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 49.2% below the Consumer Packaged Goods median (#327 of 1407)

No single metric tells the full story. See the ROCO:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fu Burg Industrial Co Business Description

Address 2F-3, No.130, section 2, Zhong-Xiao East Road, Jhongjheng District, Taipei, TWN, 100
Fu Burg Industrial Co Ltd is engaged in the manufacture and sale of paper hygiene products such as adult and baby diapers and wet wipes. Some of its products include sanitary pads, tissue paper, paper cups, plates, hats, diapers, clothing, and pants.
56GF Score

Get the complete analysis for ROCO:8929

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

NT$13.45
Price
NT$20.84
GF Value