TCC Group Holdings Co (TPE:1101) Cyclically Adjusted Book per Share: NT$33.41 (As of Dec. 2025)


TPE:1101 TCC Group Holdings Co Ltd TPE:1101
65 GF Score
Price NT$23.40
GF Value NT$44.21
Valuation Possible Value Trap
! 11 Warning Signs
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What is TCC Group Holdings Co Cyclically Adjusted Book per Share?

TCC Group Holdings Co TPE:1101 -1.27% 65 Cyclically Adjusted Book per Share is NT$33.41 as of Dec. 2025. GuruFocus rates TPE:1101 with a GF Score™ of 65/100 and a GF Value™ of NT$44.21 (Possible Value Trap). The stock has 11 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.

TCC Group Holdings Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$30.683. 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$33.41 for the trailing ten years ended in Dec. 2025.

During the past 12 months, TCC Group Holdings Co's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 TCC Group Holdings Co was 7.50% per year. The lowest was 3.50% per year. And the median was 6.80% per year.

As of today (2026-07-08), TCC Group Holdings Co's current stock price is NT$23.40. TCC Group Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$33.41. TCC Group Holdings Co's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TCC Group Holdings Co was 1.86. The lowest was 0.61. And the median was 1.25.


TCC Group Holdings Co  (TPE:1101) 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.

TCC Group Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.40/33.41
=0.70

* 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 TCC Group Holdings Co was 1.86. The lowest was 0.61. And the median was 1.25.


Be Aware

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


TCC Group Holdings Co Cyclically Adjusted Book per Share Related Terms


TCC Group Holdings Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for TCC Group Holdings 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.

TCC Group Holdings Co Cyclically Adjusted Book per Share Chart

TCC Group Holdings 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 27.81 30.13 31.38 32.49 33.41

TCC Group Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 32.49 32.96 33.23 33.46 33.41

TPE:1101 vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, TCC Group Holdings 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.


TCC Group Holdings Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, TCC Group Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:1101
65GF Score
TCC Group Holdings Co Ltd TPE:1101
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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TCC Group Holdings 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, TCC Group Holdings Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=30.683/324.0540*324.0540
=30.683

Current CPI (Dec. 2025) = 324.0540.

TCC Group Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 21.458 238.132 29.200
201606 20.387 241.018 27.411
201609 20.953 241.428 28.124
201612 21.271 241.432 28.550
201703 21.468 243.801 28.535
201706 21.152 244.955 27.982
201709 22.357 246.819 29.353
201712 23.618 246.524 31.046
201803 25.939 249.554 33.683
201806 26.239 251.989 33.743
201809 26.979 252.439 34.633
201812 28.440 251.233 36.683
201903 29.287 254.202 37.335
201906 28.873 256.143 36.528
201909 28.825 256.759 36.380
201912 30.410 256.974 38.348
202003 30.491 258.115 38.280
202006 28.742 257.797 36.129
202009 30.370 260.280 37.811
202012 32.062 260.474 39.888
202103 32.248 264.877 39.453
202106 32.850 271.696 39.180
202109 29.695 274.310 35.080
202112 30.098 278.802 34.983
202203 31.632 287.504 35.653
202206 29.771 296.311 32.558
202209 29.621 296.808 32.340
202212 30.186 296.797 32.958
202303 30.576 301.836 32.827
202306 29.748 305.109 31.595
202309 30.885 307.789 32.517
202312 30.398 306.746 32.113
202403 31.459 312.332 32.640
202406 31.517 314.175 32.508
202409 32.519 315.301 33.422
202412 32.677 315.605 33.552
202503 33.631 319.799 34.078
202506 28.996 322.561 29.130
202509 29.556 324.800 29.488
202512 30.683 324.054 30.683

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 NT$33.41 mean?
TCC Group Holdings Co (TPE:1101) has a Cyclically Adjusted Book per Share of NT$33.41 as of Dec. 2025. 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 TCC Group Holdings Co and its competitors.
Is TCC Group Holdings Co's Cyclically Adjusted Book per Share too high?
TCC Group Holdings Co's current Cyclically Adjusted Book per Share is NT$33.41. Overall, TCC Group Holdings Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCC Group Holdings Co's Cyclically Adjusted Book per Share compare to CRH and VMC?
TCC Group Holdings Co's Cyclically Adjusted Book per Share of NT$33.41 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 TCC Group Holdings Co and its competitors. TCC Group Holdings Co's current Cyclically Adjusted Book per Share is NT$33.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCC Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, TCC Group Holdings Co (TPE:1101) is currently considered Possible Value Trap. The stock's GF Value™ is NT$44.21, compared to a current price of NT$23.40 — trading 47.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$33.41. TCC Group Holdings Co's overall GF Score™ is 65/100 with 11 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 TCC Group Holdings Co (TPE:1101), the current Cyclically Adjusted Book per Share is NT$33.41 as of Dec. 2025. 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 TCC Group Holdings Co (TPE:1101) Overvalued in 2026?

Based on GuruFocus' analysis, TCC Group Holdings Co stock appears to be undervalued. The current stock price of NT$23.40 is trading 47.1% below its estimated GF Value™ of NT$44.21. GuruFocus considers TCC Group Holdings Co to be Possible Value Trap.

Key valuation signals for TPE:1101:

  • Cyclically Adjusted Book per Share: NT$33.41
  • GF Value™: NT$44.21 vs. price of NT$23.40 (47.1% below fair value)
  • GF Score™: 65/100 with 11 warning signs

No single metric tells the full story. See the TPE:1101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TCC Group Holdings Co Business Description

Other Exchanges 1101B.PFD:Taiwan
Address No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104
TCC Group Holdings Co Ltd engages in the manufacturing and marketing of cement, cement-related products and ready-mixed concrete. The majority of revenue comes from Taiwan and the rest from Asia and Europe.
65GF Score

Get the complete analysis for TPE:1101

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

NT$23.40
Price
NT$44.21
GF Value