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Her Chee Industrial Co (ROCO:8937) Cyclically Adjusted PB Ratio : 10.54 (As of Jun. 03, 2025)


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What is Her Chee Industrial Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Her Chee Industrial Co's current share price is NT$135.50. Her Chee Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$12.85. Her Chee Industrial Co's Cyclically Adjusted PB Ratio for today is 10.54.

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

ROCO:8937' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.28   Max: 15.42
Current: 11.17

During the past years, Her Chee Industrial Co's highest Cyclically Adjusted PB Ratio was 15.42. The lowest was 0.97. And the median was 1.28.

ROCO:8937's Cyclically Adjusted PB Ratio is ranked worse than
96.26% of 990 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs ROCO:8937: 11.17

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.

Her Chee Industrial Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$22.788. 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$12.85 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Her Chee Industrial Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Her Chee 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.

* Premium members only.

Her Chee Industrial Co Cyclically Adjusted PB Ratio Chart

Her Chee Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.13 1.19 1.69 11.90

Her Chee Industrial Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.67 1.84 5.63 11.90 13.50

Competitive Comparison of Her Chee Industrial Co's Cyclically Adjusted PB Ratio

For the Recreational Vehicles subindustry, Her Chee 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.


Her Chee Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Her Chee Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Her Chee 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.

Her Chee Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=135.50/12.85
=10.54

* 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.

Her Chee Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Her Chee Industrial Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=22.788/134.9266*134.9266
=22.788

Current CPI (Mar. 2025) = 134.9266.

Her Chee Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.657 100.684 14.281
201509 11.087 100.392 14.901
201512 10.972 99.792 14.835
201603 11.047 100.470 14.836
201606 10.895 101.688 14.456
201609 10.599 101.861 14.040
201612 10.215 101.863 13.531
201703 10.511 102.862 13.788
201706 10.058 103.349 13.131
201709 10.654 104.136 13.804
201712 10.467 104.011 13.578
201803 10.431 105.290 13.367
201806 10.484 106.317 13.305
201809 10.586 106.507 13.411
201812 10.531 105.998 13.405
201903 10.680 107.251 13.436
201906 10.768 108.070 13.444
201909 10.783 108.329 13.430
201912 10.564 108.420 13.147
202003 10.471 108.902 12.973
202006 10.228 108.767 12.688
202009 10.258 109.815 12.604
202012 10.355 109.897 12.713
202103 10.221 111.754 12.340
202106 9.910 114.631 11.665
202109 9.537 115.734 11.119
202112 9.510 117.630 10.908
202203 9.921 121.301 11.035
202206 9.657 125.017 10.422
202209 9.652 125.227 10.400
202212 9.586 125.222 10.329
202303 0.000 127.348 0.000
202306 9.875 128.729 10.350
202309 10.263 129.860 10.663
202312 10.111 129.419 10.541
202403 10.292 131.776 10.538
202406 10.821 132.554 11.015
202409 13.158 133.029 13.346
202412 10.498 133.157 10.638
202503 22.788 134.927 22.788

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.


Her Chee Industrial Co  (ROCO:8937) 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.


Her Chee Industrial Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Her Chee Industrial Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Her Chee Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Yi-Kung 2 Road, Yi-Chu Industrial Area, Yi-Chu Hsiang, Chia-Yi Hsien, New Taipei, TWN
Her Chee Industrial Co Ltd is mainly engaged in the production of locomotives, locomotive leads, electric locomotives, and other means of transportation, as well as the sale and purchase of parts, and international trade.

Her Chee Industrial Co Headlines

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