Tittot Co (ROCO:9949) Cyclically Adjusted PB Ratio: 1.89 (As of Aug. 13, 2026) — 70% Above Median

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ROCO:9949 Tittot Co Ltd ROCO:9949
56 GF Score
Price NT$24.15
GF Value NT$17.22
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tittot Co Cyclically Adjusted PB Ratio?

Tittot Co ROCO:9949 +0.62% 56 Cyclically Adjusted PB Ratio is 1.89 as of Aug. 13, 2026, which is 70% above its 10-year median of 1.11. GuruFocus rates ROCO:9949 with a GF Score™ of 56/100 and a GF Value™ of NT$17.22 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,400 Consumer Packaged Goods companies, Tittot Co ranks worse than 63.43% on this metric.

As of today (2026-08-13), Tittot Co's current share price is NT$24.15. Tittot Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$12.79. Tittot Co's Cyclically Adjusted PB Ratio for today is 1.89.

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

ROCO:9949' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.11   Max: 2.25
Current: 1.84

During the past years, Tittot Co's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.72. And the median was 1.11.

ROCO:9949's Cyclically Adjusted PB Ratio is ranked worse than
63.43% of 1400 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs ROCO:9949: 1.84

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.

Tittot Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$12.706. 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$12.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tittot Co  (ROCO:9949) 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.


Tittot Co Cyclically Adjusted PB Ratio Related Terms


Tittot Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tittot 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.

Tittot Co Cyclically Adjusted PB Ratio Chart

Tittot 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 0.89 1.42 1.32 1.91 2.19

Tittot 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 1.52 1.36 1.78 2.19 2.57

ROCO:9949 vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Tittot 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.


Tittot Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


ROCO:9949
56GF Score
Tittot Co Ltd ROCO:9949
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tittot 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.

Tittot Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.15/12.79
=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.

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

For example, Tittot 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)
=12.706/330.2130*330.2130
=12.706

Current CPI (Mar. 2026) = 330.2130.

Tittot Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.504 241.018 18.502
201609 12.259 241.428 16.767
201612 13.038 241.432 17.832
201703 12.587 243.801 17.048
201706 12.527 244.955 16.887
201709 12.437 246.819 16.639
201712 12.470 246.524 16.703
201803 12.431 249.554 16.449
201806 12.185 251.989 15.968
201809 11.788 252.439 15.420
201812 11.826 251.233 15.544
201903 11.804 254.202 15.334
201906 11.581 256.143 14.930
201909 11.168 256.759 14.363
201912 11.188 256.974 14.377
202003 10.806 258.115 13.824
202006 10.600 257.797 13.578
202009 10.519 260.280 13.345
202012 10.664 260.474 13.519
202103 10.407 264.877 12.974
202106 9.984 271.696 12.134
202109 9.782 274.310 11.776
202112 9.884 278.802 11.707
202203 9.816 287.504 11.274
202206 9.284 296.311 10.346
202209 9.065 296.808 10.085
202212 9.187 296.797 10.221
202303 8.973 301.836 9.817
202306 8.662 305.109 9.375
202309 8.553 307.789 9.176
202312 8.440 306.746 9.086
202403 8.389 312.332 8.869
202406 8.282 314.175 8.705
202409 8.092 315.301 8.475
202412 7.336 315.605 7.676
202503 7.135 319.799 7.367
202506 5.932 322.561 6.073
202509 13.111 324.800 13.330
202512 13.025 324.054 13.273
202603 12.706 330.213 12.706

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?
Tittot Co (ROCO:9949) has a Cyclically Adjusted PB Ratio of 1.89 as of Aug. 13, 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 Tittot Co and its competitors. This is 70% above median its historical median of 1.11. Over the past decade, Tittot Co's Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.25. According to the industry distribution chart, Tittot Co ranks #888 out of 1400 companies in the Consumer Packaged Goods industry, placing it in the top 63.4%.
Is Tittot Co's Cyclically Adjusted PB Ratio too high?
Tittot Co's current Cyclically Adjusted PB Ratio of 1.89 is 70% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.25. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Tittot Co's value of 1.89 is 50% above this industry median. Based on the distribution chart, Tittot Co ranks #888 out of 1400 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Tittot Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tittot Co's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Tittot Co ranks #888 out of 1400 companies for Cyclically Adjusted PB Ratio. This places Tittot Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Tittot Co's value of 1.89 is 50% above this benchmark. Historically, Tittot Co's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.25 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.26, Tittot 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,400 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. Tittot Co's current Cyclically Adjusted PB Ratio of 1.89 is 50% 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 Tittot 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. Tittot Co's current Cyclically Adjusted PB Ratio is 1.89, which is 70% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tittot Co stock overvalued right now?
Based on GuruFocus' analysis, Tittot Co (ROCO:9949) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.22, compared to a current price of NT$24.15 — trading 40.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.89, which is 70% above median its 10-year median of 1.11 and 50% above the Consumer Packaged Goods industry median of 1.26. Tittot 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 Tittot Co (ROCO:9949), the current Cyclically Adjusted PB Ratio is 1.89 as of Aug. 13, 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 Tittot Co (ROCO:9949) Overvalued in 2026?

Based on GuruFocus' analysis, Tittot Co stock appears to be overvalued. The current stock price of NT$24.15 is trading 40.2% above its estimated GF Value™ of NT$17.22. GuruFocus considers Tittot Co to be Significantly Overvalued.

Key valuation signals for ROCO:9949:

  • Cyclically Adjusted PB Ratio: 1.89 (70% above median its 10-year median of 1.11)
  • GF Value™: NT$17.22 vs. price of NT$24.15 (40.2% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 50% above the Consumer Packaged Goods median (#888 of 1400)

No single metric tells the full story. See the ROCO:9949 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tittot Co Business Description

Address No.80, Section 1, Chenggong Road, 22nd Floor, Yonghe District, New Taipei City, TWN, 23452
Tittot Co Ltd is engaged in the design, processing and manufacturing of crystal glass, plaster, wax and other arts and crafts, as well as books, Trading business of video tapes, art exhibition industry and exhibition service industry, etc.
56GF Score

Get the complete analysis for ROCO:9949

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

NT$24.15
Price
NT$17.22
GF Value