TDG Holding Co (SHSE:600330) Cyclically Adjusted Book per Share: ¥5.22 (As of Mar. 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.
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.

SHSE:600330 TDG Holding Co Ltd SHSE:600330
60 GF Score
Price ¥19.22
GF Value ¥7.76
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is TDG Holding Co Cyclically Adjusted Book per Share?

TDG Holding Co SHSE:600330 -10.02% 60 Cyclically Adjusted Book per Share is ¥5.22 as of Mar. 2026. GuruFocus rates SHSE:600330 with a GF Score™ of 60/100 and a GF Value™ of ¥7.76 (Significantly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

TDG Holding Co's adjusted book value per share for the three months ended in Mar. 2026 was ¥6.288. 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 ¥5.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TDG Holding Co's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of TDG Holding Co was 10.40% per year. The lowest was 3.20% per year. And the median was 7.70% per year.

As of today (2026-07-17), TDG Holding Co's current stock price is ¥19.22. TDG Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.22. TDG Holding Co's Cyclically Adjusted PB Ratio of today is 3.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TDG Holding Co was 6.30. The lowest was 1.23. And the median was 2.76.


TDG Holding Co  (SHSE:600330) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

TDG Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.22/5.22
=3.68

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TDG Holding Co was 6.30. The lowest was 1.23. And the median was 2.76.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


TDG Holding Co Cyclically Adjusted Book per Share Related Terms


TDG Holding Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for TDG Holding Co's Cyclically Adjusted Book per Share 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.

TDG Holding Co Cyclically Adjusted Book per Share Chart

TDG Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 3.98 4.43 4.86 5.14

TDG Holding 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 Book per Share 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 4.93 4.98 5.07 5.14 5.22

SHSE:600330 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, TDG Holding 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.


TDG Holding Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, TDG Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600330
60GF Score
TDG Holding Co Ltd SHSE:600330
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TDG Holding Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, TDG Holding 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)
=6.288/116.3033*116.3033
=6.288

Current CPI (Mar. 2026) = 116.3033.

TDG Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.593 101.400 4.121
201609 3.608 102.400 4.098
201612 3.620 102.600 4.103
201703 3.674 103.200 4.140
201706 3.720 103.100 4.196
201709 3.771 104.100 4.213
201712 3.740 104.500 4.162
201803 3.848 105.300 4.250
201806 3.846 104.900 4.264
201809 3.881 106.600 4.234
201812 3.840 106.500 4.193
201903 4.017 107.700 4.338
201906 4.048 107.700 4.371
201909 4.039 109.800 4.278
201912 4.081 111.200 4.268
202003 4.355 112.300 4.510
202006 4.466 110.400 4.705
202009 4.821 111.700 5.020
202012 4.732 111.500 4.936
202103 4.642 112.662 4.792
202106 4.849 111.769 5.046
202109 4.976 112.215 5.157
202112 5.055 113.108 5.198
202203 5.054 114.335 5.141
202206 5.126 114.558 5.204
202209 4.397 115.339 4.434
202212 6.321 115.116 6.386
202303 6.460 115.116 6.527
202306 6.478 114.558 6.577
202309 6.537 115.339 6.592
202312 6.590 114.781 6.677
202403 6.559 115.227 6.620
202406 6.467 114.781 6.553
202409 6.498 115.785 6.527
202412 6.470 114.893 6.549
202503 6.509 115.116 6.576
202506 6.504 114.907 6.583
202509 6.501 115.471 6.548
202512 6.317 115.832 6.343
202603 6.288 116.303 6.288

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ¥5.22 mean?
TDG Holding Co (SHSE:600330) has a Cyclically Adjusted Book per Share of ¥5.22 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on TDG Holding Co and its competitors.
Is TDG Holding Co's Cyclically Adjusted Book per Share too high?
TDG Holding Co's current Cyclically Adjusted Book per Share is ¥5.22. Overall, TDG Holding Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TDG Holding Co's Cyclically Adjusted Book per Share compare to APH and GLW?
TDG Holding Co's Cyclically Adjusted Book per Share of ¥5.22 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on TDG Holding Co and its competitors. TDG Holding Co's current Cyclically Adjusted Book per Share is ¥5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TDG Holding Co stock overvalued right now?
Based on GuruFocus' analysis, TDG Holding Co (SHSE:600330) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.76, compared to a current price of ¥19.22 — trading 147.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is ¥5.22. TDG Holding Co's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For TDG Holding Co (SHSE:600330), the current Cyclically Adjusted Book per Share is ¥5.22 as of Mar. 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 TDG Holding Co (SHSE:600330) Overvalued in 2026?

Based on GuruFocus' analysis, TDG Holding Co stock appears to be overvalued. The current stock price of ¥19.22 is trading 147.7% above its estimated GF Value™ of ¥7.76. GuruFocus considers TDG Holding Co to be Significantly Overvalued.

Key valuation signals for SHSE:600330:

  • Cyclically Adjusted Book per Share: ¥5.22
  • GF Value™: ¥7.76 vs. price of ¥19.22 (147.7% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TDG Holding Co Business Description

Address Longxiang Building, 18F, Haining, Zhejiang, CHN, 314400
TDG Holding Co Ltd is engaged in the manufacturing and marketing of electronic materials, electronic components, intelligent equipment, and strategic investments. Its products include MnZn, NiZn, metal powder cores, sapphire crystal materials and LT/LN.
60GF Score

Get the complete analysis for SHSE:600330

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

¥19.22
Price
¥7.76
GF Value