Grand Ocean Retail Group (TPE:5907) Cyclically Adjusted PB Ratio: (As of Sep. 01, 2026)

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.
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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.

TPE:5907 Grand Ocean Retail Group Ltd TPE:5907
57 GF Score
Price NT$4.95
GF Value NT$6.40
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Grand Ocean Retail Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Ocean Retail Group  (TPE:5907) 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.


Grand Ocean Retail Group Cyclically Adjusted PB Ratio Related Terms


Grand Ocean Retail Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grand Ocean Retail Group'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.

Grand Ocean Retail Group Cyclically Adjusted PB Ratio Chart

Grand Ocean Retail Group 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 0.32 0.30 0.22 0.21 0.11

Grand Ocean Retail Group 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 0.12 0.12 0.11 0.12 0.00

TPE:5907 vs DDS, M: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, Grand Ocean Retail Group'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.


Grand Ocean Retail Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grand Ocean Retail Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand Ocean Retail Group's Cyclically Adjusted PB Ratio falls into.


TPE:5907
57GF Score
Grand Ocean Retail Group Ltd TPE:5907
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grand Ocean Retail Group 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.

Grand Ocean Retail Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Grand Ocean Retail Group'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)
=18.793/333.9520*333.9520
=18.793

Current CPI (Jun. 2026) = 333.9520.

Grand Ocean Retail Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 46.915 241.428 64.895
201612 51.984 241.432 71.905
201703 49.675 243.801 68.043
201706 49.899 244.955 68.028
201709 49.234 246.819 66.615
201712 51.518 246.524 69.788
201803 53.624 249.554 71.759
201806 52.691 251.989 69.829
201809 50.513 252.439 66.824
201812 51.940 251.233 69.041
201903 48.968 254.202 64.331
201906 46.338 256.143 60.414
201909 44.813 256.759 58.286
201912 45.535 256.974 59.175
202003 44.370 258.115 57.406
202006 40.873 257.797 52.947
202009 41.454 260.280 53.188
202012 43.453 260.474 55.711
202103 45.783 264.877 57.722
202106 44.267 271.696 54.410
202109 41.018 274.310 49.936
202112 41.113 278.802 49.246
202203 42.277 287.504 49.107
202206 42.411 296.311 47.799
202209 41.614 296.808 46.822
202212 38.628 296.797 43.464
202303 38.922 301.836 43.063
202306 35.381 305.109 38.726
202309 35.717 307.789 38.753
202312 27.009 306.746 29.404
202403 27.341 312.332 29.234
202406 27.373 314.175 29.096
202409 26.264 315.301 27.818
202412 24.946 315.605 26.396
202503 24.332 319.799 25.409
202506 20.512 322.561 21.236
202509 20.469 324.800 21.046
202512 19.905 324.054 20.513
202603 19.711 330.213 19.934
202606 18.793 333.952 18.793

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.

Is Grand Ocean Retail Group (TPE:5907) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Ocean Retail Group stock appears to be undervalued. The current stock price of NT$4.95 is trading 22.7% below its estimated GF Value™ of NT$6.40. GuruFocus considers Grand Ocean Retail Group to be Modestly Undervalued.

Key valuation signals for TPE:5907:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$6.40 vs. price of NT$4.95 (22.7% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the TPE:5907 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Ocean Retail Group Business Description

Address No. 237, Foxing South Road, 14th Floor, Section 2, Daman District, Taipei, TWN, 106
Grand Ocean Retail Group Ltd operates in the department store retail business. The Group generates revenue from Commission and Commodity Sales. Its main business contents are business management consulting and retail sales. The Group is a large-scale and powerful department store retail group in mainland China. The segments of the Group include General Information, where the main revenue comes from department store retail; Information on Products and Services, where the Group belongs to department store retail business; Information of Regional Finance, where sales regions of the retail commodity are all in China; and customer information, where sales objects of the Group are all general consumers and there is no dependence upon the VIP. It generates revenue from China.
57GF Score

Get the complete analysis for TPE:5907

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

NT$4.95
Price
NT$6.40
GF Value