De Licacy Industrial Co (TPE:1464) Cyclically Adjusted Book per Share: NT$14.42 (As of Dec. 2025)


TPE:1464 De Licacy Industrial Co Ltd TPE:1464
69 GF Score
Price NT$11.10
GF Value NT$15.86
Valuation Possible Value Trap
! 6 Warning Signs
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What is De Licacy Industrial Co Cyclically Adjusted Book per Share?

De Licacy Industrial Co TPE:1464 +0.91% 69 Cyclically Adjusted Book per Share is NT$14.42 as of Dec. 2025. GuruFocus rates TPE:1464 with a GF Score™ of 69/100 and a GF Value™ of NT$15.86 (Possible Value Trap). The stock has 6 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.

De Licacy Industrial Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$12.286. 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$14.42 for the trailing ten years ended in Dec. 2025.

During the past 12 months, De Licacy Industrial Co's average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 De Licacy Industrial Co was 6.00% per year. The lowest was 1.90% per year. And the median was 4.50% per year.

As of today (2026-07-07), De Licacy Industrial Co's current stock price is NT$11.10. De Licacy Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$14.42. De Licacy Industrial Co's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of De Licacy Industrial Co was 2.22. The lowest was 0.69. And the median was 1.08.


De Licacy Industrial Co  (TPE:1464) 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.

De Licacy Industrial Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.10/14.42
=0.77

* 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 De Licacy Industrial Co was 2.22. The lowest was 0.69. And the median was 1.08.


Be Aware

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


De Licacy Industrial Co Cyclically Adjusted Book per Share Related Terms


De Licacy Industrial Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for De Licacy Industrial 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.

De Licacy Industrial Co Cyclically Adjusted Book per Share Chart

De Licacy Industrial 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 12.71 13.61 14.12 14.51 14.42

De Licacy Industrial 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 14.51 14.62 14.62 14.58 14.42

De Licacy Industrial Co Cyclically Adjusted Book per Share Competitor Comparison

For the Textile Manufacturing subindustry, De Licacy 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.


De Licacy Industrial Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, De Licacy Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:1464
69GF Score
De Licacy Industrial Co Ltd TPE:1464
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

De Licacy Industrial 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, De Licacy Industrial 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)
=12.286/324.0540*324.0540
=12.286

Current CPI (Dec. 2025) = 324.0540.

De Licacy Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 13.490 238.132 18.357
201606 12.696 241.018 17.070
201609 12.776 241.428 17.148
201612 13.144 241.432 17.642
201703 12.825 243.801 17.047
201706 11.657 244.955 15.421
201709 13.131 246.819 17.240
201712 13.302 246.524 17.485
201803 13.127 249.554 17.046
201806 11.789 251.989 15.160
201809 11.663 252.439 14.972
201812 11.886 251.233 15.331
201903 12.339 254.202 15.730
201906 11.423 256.143 14.452
201909 12.789 256.759 16.141
201912 12.901 256.974 16.269
202003 12.987 258.115 16.305
202006 11.150 257.797 14.016
202009 11.246 260.280 14.002
202012 11.054 260.474 13.752
202103 11.205 264.877 13.708
202106 10.999 271.696 13.119
202109 10.874 274.310 12.846
202112 10.937 278.802 12.712
202203 11.577 287.504 13.049
202206 11.582 296.311 12.666
202209 12.412 296.808 13.551
202212 12.146 296.797 13.261
202303 12.290 301.836 13.195
202306 11.903 305.109 12.642
202309 12.233 307.789 12.879
202312 11.761 306.746 12.425
202403 12.246 312.332 12.706
202406 12.297 314.175 12.684
202409 12.535 315.301 12.883
202412 12.970 315.605 13.317
202503 13.448 319.799 13.627
202506 11.029 322.561 11.080
202509 11.550 324.800 11.523
202512 12.286 324.054 12.286

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$14.42 mean?
De Licacy Industrial Co (TPE:1464) has a Cyclically Adjusted Book per Share of NT$14.42 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 De Licacy Industrial Co and its competitors.
Is De Licacy Industrial Co's Cyclically Adjusted Book per Share too high?
De Licacy Industrial Co's current Cyclically Adjusted Book per Share is NT$14.42. Overall, De Licacy Industrial Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does De Licacy Industrial Co's Cyclically Adjusted Book per Share compare to competitors?
De Licacy Industrial Co's Cyclically Adjusted Book per Share of NT$14.42 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 De Licacy Industrial Co and its competitors. De Licacy Industrial Co's current Cyclically Adjusted Book per Share is NT$14.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Licacy Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, De Licacy Industrial Co (TPE:1464) is currently considered Possible Value Trap. The stock's GF Value™ is NT$15.86, compared to a current price of NT$11.10 — trading 30% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$14.42. De Licacy Industrial Co's overall GF Score™ is 69/100 with 6 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 De Licacy Industrial Co (TPE:1464), the current Cyclically Adjusted Book per Share is NT$14.42 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 De Licacy Industrial Co (TPE:1464) Overvalued in 2026?

Based on GuruFocus' analysis, De Licacy Industrial Co stock appears to be undervalued. The current stock price of NT$11.10 is trading 30% below its estimated GF Value™ of NT$15.86. GuruFocus considers De Licacy Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:1464:

  • Cyclically Adjusted Book per Share: NT$14.42
  • GF Value™: NT$15.86 vs. price of NT$11.10 (30% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the TPE:1464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


De Licacy Industrial Co Business Description

Address Fuxing Road, No. 820, 005 Lin, San Sher Li, Xinshi District, Tainan, TWN, 744
De Licacy Industrial Co Ltd is a textile company engaged in manufacturing, dyeing and finishing, and trading of various textiles. The company manufacture plaid cloth, blended cloth, jacquard cloth, bubble cloth, telescopic cloth, chemical fiber cloth, polyester cotton cloth, satin, and other textile manufacturing, dyeing, and finishing processing, and trading business. It manufactures and markets yarn-dyed fabric in various materials, including cotton, polyester, viscose rayon, tencel, lyocell, polynosic, modal, nylon, linen, and stretch, which are used for manufacturing shirts, bottoms, suits, outerwear, sportswear, and home textiles, among others. The company operates in Japan, Singapore, Hong Kong, Europe, and North America, along with Taiwan.
69GF Score

Get the complete analysis for TPE:1464

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

NT$11.10
Price
NT$15.86
GF Value