Globe Industries (TPE:1324) Cyclically Adjusted Book per Share: NT$15.39 (As of Dec. 2025)

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TPE:1324 Globe Industries Corp TPE:1324
65 GF Score
Price NT$10.35
GF Value NT$9.89
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Globe Industries Cyclically Adjusted Book per Share?

Globe Industries TPE:1324 65 Cyclically Adjusted Book per Share is NT$15.39 as of Dec. 2025. GuruFocus rates TPE:1324 with a GF Score™ of 65/100 and a GF Value™ of NT$9.89 (Fairly Valued). The stock has 3 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.

Globe Industries's adjusted book value per share for the three months ended in Dec. 2025 was NT$11.881. 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$15.39 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Globe Industries's average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 Globe Industries was 2.70% per year. The lowest was -0.20% per year. And the median was 1.90% per year.

As of today (2026-07-14), Globe Industries's current stock price is NT$10.35. Globe Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$15.39. Globe Industries's Cyclically Adjusted PB Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Globe Industries was 1.31. The lowest was 0.54. And the median was 0.72.


Globe Industries  (TPE:1324) 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.

Globe Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.35/15.39
=0.67

* 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 Globe Industries was 1.31. The lowest was 0.54. And the median was 0.72.


Be Aware

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


Globe Industries Cyclically Adjusted Book per Share Related Terms


Globe Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Globe Industries'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.

Globe Industries Cyclically Adjusted Book per Share Chart

Globe Industries 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 14.97 15.48 15.52 15.53 15.39

Globe Industries 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 15.53 15.62 15.62 15.58 15.39

Globe Industries Cyclically Adjusted Book per Share Competitor Comparison

For the Business Equipment & Supplies subindustry, Globe Industries'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.


Globe Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Globe Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:1324
65GF Score
Globe Industries Corp TPE:1324
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Industries 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, Globe Industries'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)
=11.881/324.0540*324.0540
=11.881

Current CPI (Dec. 2025) = 324.0540.

Globe Industries Quarterly Data

Book Value per Share CPI Adj_Book
201603 13.375 238.132 18.201
201606 13.167 241.018 17.703
201609 13.201 241.428 17.719
201612 13.321 241.432 17.880
201703 14.167 243.801 18.830
201706 13.638 244.955 18.042
201709 13.667 246.819 17.944
201712 13.651 246.524 17.944
201803 13.660 249.554 17.738
201806 13.399 251.989 17.231
201809 13.287 252.439 17.056
201812 13.343 251.233 17.211
201903 13.390 254.202 17.069
201906 13.090 256.143 16.561
201909 12.909 256.759 16.292
201912 12.958 256.974 16.341
202003 13.028 258.115 16.356
202006 12.665 257.797 15.920
202009 12.785 260.280 15.918
202012 12.943 260.474 16.102
202103 12.875 264.877 15.751
202106 12.846 271.696 15.322
202109 12.497 274.310 14.763
202112 12.633 278.802 14.683
202203 12.720 287.504 14.337
202206 12.452 296.311 13.618
202209 12.462 296.808 13.606
202212 12.694 296.797 13.860
202303 12.598 301.836 13.525
202306 12.619 305.109 13.403
202309 12.946 307.789 13.630
202312 12.927 306.746 13.656
202403 12.783 312.332 13.263
202406 12.821 314.175 13.224
202409 12.842 315.301 13.199
202412 12.876 315.605 13.221
202503 12.657 319.799 12.825
202506 11.931 322.561 11.986
202509 11.902 324.800 11.875
202512 11.881 324.054 11.881

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$15.39 mean?
Globe Industries (TPE:1324) has a Cyclically Adjusted Book per Share of NT$15.39 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 Globe Industries and its competitors.
Is Globe Industries' Cyclically Adjusted Book per Share too high?
Globe Industries' current Cyclically Adjusted Book per Share is NT$15.39. Overall, Globe Industries has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Industries' Cyclically Adjusted Book per Share compare to competitors?
Globe Industries' Cyclically Adjusted Book per Share of NT$15.39 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Globe Industries and its competitors. Globe Industries's current Cyclically Adjusted Book per Share is NT$15.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Industries stock overvalued right now?
Based on GuruFocus' analysis, Globe Industries (TPE:1324) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.89, compared to a current price of NT$10.35 — trading 4.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$15.39. Globe Industries' overall GF Score™ is 65/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Globe Industries (TPE:1324), the current Cyclically Adjusted Book per Share is NT$15.39 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 Globe Industries (TPE:1324) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Industries stock appears to be overvalued. The current stock price of NT$10.35 is trading 4.7% above its estimated GF Value™ of NT$9.89. GuruFocus considers Globe Industries to be Fairly Valued.

Key valuation signals for TPE:1324:

  • Cyclically Adjusted Book per Share: NT$15.39
  • GF Value™: NT$9.89 vs. price of NT$10.35 (4.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the TPE:1324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Industries Business Description

Address Nanjing East Road, 7th Floor, No. 61, Section 3, Zhongshan District, Taipei, TWN, 104507
Globe Industries Corp is a manufacturer of different tapes. The products offered by the company include PVC electrical insulating tape, protective tape, masking tape, foil tape, and packaging tape, among others. Geographically, the company generates a majority of its revenue from its business in Taiwan and the rest from Africa, the Middle East, East Asia, and other regions.
65GF Score

Get the complete analysis for TPE:1324

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

NT$10.35
Price
NT$9.89
GF Value