Macauto Industrial Co (ROCO:9951) Cyclically Adjusted PB Ratio: 1.12 (As of Aug. 23, 2026) — 42% Below Median

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ROCO:9951 Macauto Industrial Co Ltd ROCO:9951
86 GF Score
Price NT$53.90
GF Value NT$70.73
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Macauto Industrial Co Cyclically Adjusted PB Ratio?

Macauto Industrial Co ROCO:9951 86 Cyclically Adjusted PB Ratio is 1.12 as of Aug. 23, 2026, which is 42% below its 10-year median of 1.94. GuruFocus rates ROCO:9951 with a GF Score™ of 86/100 and a GF Value™ of NT$70.73 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 947 Vehicles & Parts companies, Macauto Industrial Co ranks better than 53.85% on this metric.

As of today (2026-08-23), Macauto Industrial Co's current share price is NT$53.90. Macauto Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$48.08. Macauto Industrial Co's Cyclically Adjusted PB Ratio for today is 1.12.

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

ROCO:9951' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.94   Max: 4.34
Current: 1.12

During the past years, Macauto Industrial Co's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 1.06. And the median was 1.94.

ROCO:9951's Cyclically Adjusted PB Ratio is ranked better than
53.85% of 947 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs ROCO:9951: 1.12

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.

Macauto Industrial Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$53.108. 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$48.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Macauto Industrial Co  (ROCO:9951) 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.


Macauto Industrial Co Cyclically Adjusted PB Ratio Related Terms


Macauto Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Macauto 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.

Macauto Industrial Co Cyclically Adjusted PB Ratio Chart

Macauto 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 2.43 1.76 1.88 1.23 1.21

Macauto Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.17 1.27 1.21 1.13 1.11

ROCO:9951 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Macauto 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.


Macauto Industrial Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


ROCO:9951
86GF Score
Macauto Industrial Co Ltd ROCO:9951
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macauto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.90/48.08
=1.12

* 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.

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

For example, Macauto Industrial Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=53.108/333.9520*333.9520
=53.108

Current CPI (Jun. 2026) = 333.9520.

Macauto Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 28.023 241.428 38.762
201612 30.837 241.432 42.654
201703 32.477 243.801 44.486
201706 29.244 244.955 39.869
201709 31.482 246.819 42.596
201712 33.491 246.524 45.368
201803 36.264 249.554 48.528
201806 32.160 251.989 42.620
201809 33.313 252.439 44.070
201812 35.526 251.233 47.223
201903 37.939 254.202 49.841
201906 35.464 256.143 46.237
201909 36.393 256.759 47.334
201912 38.344 256.974 49.830
202003 34.583 258.115 44.744
202006 35.288 257.797 45.712
202009 37.542 260.280 48.168
202012 41.393 260.474 53.070
202103 38.107 264.877 48.045
202106 39.541 271.696 48.601
202109 40.251 274.310 49.003
202112 41.505 278.802 49.715
202203 40.378 287.504 46.901
202206 41.123 296.311 46.347
202209 43.454 296.808 48.892
202212 45.051 296.797 50.691
202303 43.602 301.836 48.241
202306 45.103 305.109 49.367
202309 47.297 307.789 51.317
202312 48.141 306.746 52.411
202403 46.808 312.332 50.048
202406 47.434 314.175 50.420
202409 47.865 315.301 50.696
202412 49.080 315.605 51.933
202503 49.146 319.799 51.321
202506 46.563 322.561 48.207
202509 49.192 324.800 50.578
202512 52.511 324.054 54.115
202603 51.469 330.213 52.052
202606 53.108 333.952 53.108

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 1.12 mean?
Macauto Industrial Co (ROCO:9951) has a Cyclically Adjusted PB Ratio of 1.12 as of Aug. 23, 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 Macauto Industrial Co and its competitors. This is 42% below median its historical median of 1.94. Over the past decade, Macauto Industrial Co's Cyclically Adjusted PB Ratio has ranged from 1.06 to 4.34. According to the industry distribution chart, Macauto Industrial Co ranks #437 out of 947 companies in the Vehicles & Parts industry, placing it in the top 46.1%.
Is Macauto Industrial Co's Cyclically Adjusted PB Ratio too high?
Macauto Industrial Co's current Cyclically Adjusted PB Ratio of 1.12 is 42% below median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 4.34. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.23. Macauto Industrial Co's value of 1.12 is 8.9% below this industry median. Based on the distribution chart, Macauto Industrial Co ranks #437 out of 947 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Macauto Industrial Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Macauto Industrial Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Macauto Industrial Co ranks #437 out of 947 companies for Cyclically Adjusted PB Ratio. This puts Macauto Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Macauto Industrial Co's value of 1.12 is 8.9% below this benchmark. Historically, Macauto Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 1.06 to 4.34 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.23, Macauto 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.23, based on 947 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. Macauto Industrial Co's current Cyclically Adjusted PB Ratio of 1.12 is 8.9% 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 Macauto Industrial Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macauto Industrial Co's current Cyclically Adjusted PB Ratio is 1.12, which is 42% below median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macauto Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Macauto Industrial Co (ROCO:9951) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$70.73, compared to a current price of NT$53.90 — trading 23.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 42% below median its 10-year median of 1.94 and 8.9% below the Vehicles & Parts industry median of 1.23. Macauto Industrial Co's overall GF Score™ is 86/100 with 2 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 Macauto Industrial Co (ROCO:9951), the current Cyclically Adjusted PB Ratio is 1.12 as of Aug. 23, 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 Macauto Industrial Co (ROCO:9951) Overvalued in 2026?

Based on GuruFocus' analysis, Macauto Industrial Co stock appears to be undervalued. The current stock price of NT$53.90 is trading 23.8% below its estimated GF Value™ of NT$70.73. GuruFocus considers Macauto Industrial Co to be Modestly Undervalued.

Key valuation signals for ROCO:9951:

  • Cyclically Adjusted PB Ratio: 1.12 (42% below median its 10-year median of 1.94)
  • GF Value™: NT$70.73 vs. price of NT$53.90 (23.8% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 8.9% below the Vehicles & Parts median (#437 of 947)

No single metric tells the full story. See the ROCO:9951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macauto Industrial Co Business Description

Address No. 6, Yongke 5th Road, 16 Wangxingli, Yongkang District, Tainan, TWN, 710
Macauto Industrial Co Ltd is a Taiwan based company principally engaged in the production of the automotive sunshade and cordless garden tools. The Company recognizes revenue on manufactures and sells Automobile Sun Shade and other related products. Auto sun shade products range include manual rear shade, electric rear shade-full cover, electric rear shade-arm type, manual sunroof sunshade, electric sunroof sunshade, tonneau cover, safety net, wind deflector. Cordless garden tools include lawn mower, trimmer, electric pruning shear, power wheelbarrow, robotic mower and robotic golf caddy cart. In addition, the company also manufactures accessories for smartphone and tablets. The company also has its business presence across the regions of USA, China, Korea, and other countries.
86GF Score

Get the complete analysis for ROCO:9951

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

NT$53.90
Price
NT$70.73
GF Value