Eminent Luggage (ROCO:9950) Cyclically Adjusted PB Ratio: 1.00 (As of Aug. 15, 2026) — Near 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:9950 Eminent Luggage Corp ROCO:9950
58 GF Score
Price NT$10.35
GF Value NT$11.16
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Eminent Luggage Cyclically Adjusted PB Ratio?

Eminent Luggage ROCO:9950 -0.48% 58 Cyclically Adjusted PB Ratio is 1.00 as of Aug. 15, 2026, which is 3% above its 10-year median of 0.97. GuruFocus rates ROCO:9950 with a GF Score™ of 58/100 and a GF Value™ of NT$11.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 827 Manufacturing - Apparel & Accessories companies, Eminent Luggage ranks worse than 52.24% on this metric.

As of today (2026-08-15), Eminent Luggage's current share price is NT$10.35. Eminent Luggage's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$10.38. Eminent Luggage's Cyclically Adjusted PB Ratio for today is 1.00.

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

ROCO:9950' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.97   Max: 2.32
Current: 1.01

During the past years, Eminent Luggage's highest Cyclically Adjusted PB Ratio was 2.32. The lowest was 0.58. And the median was 0.97.

ROCO:9950's Cyclically Adjusted PB Ratio is ranked worse than
52.24% of 827 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs ROCO:9950: 1.01

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.

Eminent Luggage's adjusted book value per share data for the three months ended in Mar. 2026 was NT$9.238. 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$10.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eminent Luggage  (ROCO:9950) 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.


Eminent Luggage Cyclically Adjusted PB Ratio Related Terms


Eminent Luggage Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eminent Luggage'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.

Eminent Luggage Cyclically Adjusted PB Ratio Chart

Eminent Luggage 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 0.74 0.86 1.92 1.33 1.01

Eminent Luggage 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 1.13 1.06 0.92 1.01 1.04

ROCO:9950 vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Eminent Luggage'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.


Eminent Luggage Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eminent Luggage's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:9950
58GF Score
Eminent Luggage Corp ROCO:9950
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eminent Luggage 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.

Eminent Luggage's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.35/10.38
=1.00

* 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.

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

For example, Eminent Luggage'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)
=9.238/330.2130*330.2130
=9.238

Current CPI (Mar. 2026) = 330.2130.

Eminent Luggage Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.532 241.018 21.280
201609 15.446 241.428 21.126
201612 15.586 241.432 21.317
201703 14.752 243.801 19.981
201706 14.465 244.955 19.500
201709 13.765 246.819 18.416
201712 12.686 246.524 16.993
201803 12.554 249.554 16.612
201806 11.553 251.989 15.139
201809 10.675 252.439 13.964
201812 9.714 251.233 12.768
201903 9.128 254.202 11.857
201906 9.431 256.143 12.158
201909 9.116 256.759 11.724
201912 8.820 256.974 11.334
202003 8.222 258.115 10.519
202006 7.341 257.797 9.403
202009 6.829 260.280 8.664
202012 6.472 260.474 8.205
202103 5.891 264.877 7.344
202106 3.783 271.696 4.598
202109 3.034 274.310 3.652
202112 2.263 278.802 2.680
202203 1.568 287.504 1.801
202206 0.706 296.311 0.787
202209 1.879 296.808 2.090
202212 1.790 296.797 1.992
202303 1.923 301.836 2.104
202306 7.584 305.109 8.208
202309 8.082 307.789 8.671
202312 7.954 306.746 8.563
202403 8.422 312.332 8.904
202406 8.749 314.175 9.196
202409 8.859 315.301 9.278
202412 8.988 315.605 9.404
202503 9.140 319.799 9.438
202506 8.626 322.561 8.831
202509 8.527 324.800 8.669
202512 8.745 324.054 8.911
202603 9.238 330.213 9.238

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 1.00 mean?
Eminent Luggage (ROCO:9950) has a Cyclically Adjusted PB Ratio of 1.00 as of Aug. 15, 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 Eminent Luggage and its competitors. This is near median its historical median of 0.97. Over the past decade, Eminent Luggage's Cyclically Adjusted PB Ratio has ranged from 0.58 to 2.32. According to the industry distribution chart, Eminent Luggage ranks #432 out of 827 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52.2%.
Is Eminent Luggage's Cyclically Adjusted PB Ratio too high?
Eminent Luggage's current Cyclically Adjusted PB Ratio of 1.00 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.32. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Eminent Luggage's value of 1.00 is 2% above this industry median. Based on the distribution chart, Eminent Luggage ranks #432 out of 827 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Eminent Luggage has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eminent Luggage's Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Eminent Luggage ranks #432 out of 827 companies for Cyclically Adjusted PB Ratio. This places Eminent Luggage in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Eminent Luggage's value of 1.00 is 2% above this benchmark. Historically, Eminent Luggage's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 2.32 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.98, Eminent Luggage 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.98, based on 827 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. Eminent Luggage's current Cyclically Adjusted PB Ratio of 1.00 is 2% 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 Eminent Luggage and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eminent Luggage's current Cyclically Adjusted PB Ratio is 1.00, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eminent Luggage stock overvalued right now?
Based on GuruFocus' analysis, Eminent Luggage (ROCO:9950) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.16, compared to a current price of NT$10.35 — trading 7.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is near median its 10-year median of 0.97 and 2% above the Manufacturing - Apparel & Accessories industry median of 0.98. Eminent Luggage's overall GF Score™ is 58/100 with 3 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 Eminent Luggage (ROCO:9950), the current Cyclically Adjusted PB Ratio is 1.00 as of Aug. 15, 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 Eminent Luggage (ROCO:9950) Overvalued in 2026?

Based on GuruFocus' analysis, Eminent Luggage stock appears to be undervalued. The current stock price of NT$10.35 is trading 7.3% below its estimated GF Value™ of NT$11.16. GuruFocus considers Eminent Luggage to be Fairly Valued.

Key valuation signals for ROCO:9950:

  • Cyclically Adjusted PB Ratio: 1.00 (near median its 10-year median of 0.97)
  • GF Value™: NT$11.16 vs. price of NT$10.35 (7.3% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 2% above the Manufacturing - Apparel & Accessories median (#432 of 827)

No single metric tells the full story. See the ROCO:9950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eminent Luggage Business Description

Address No. 1, Zhongzheng South Road, Section 2, Guiren District, Tainan City, TWN, 71152
Eminent Luggage Corp principal activities consist of the manufacture and sale of parts, and components for luggage and suitcase, and import and export trade business. It has three reportable segments Taiwan, China, and Others. The company generates majority of revenue from Taiwan. It has presence in America, Taiwan, Singapore, China, Germany, and Others. Its products are Luggage, And others.
58GF Score

Get the complete analysis for ROCO:9950

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

NT$10.35
Price
NT$11.16
GF Value