Rexon Industrial (TPE:1515) Cyclically Adjusted Book per Share: NT$20.83 (As of Dec. 2025)


TPE:1515 Rexon Industrial Corp Ltd TPE:1515
68 GF Score
Price NT$40.15
GF Value NT$34.81
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Rexon Industrial Cyclically Adjusted Book per Share?

Rexon Industrial TPE:1515 68 Cyclically Adjusted Book per Share is NT$20.83 as of Dec. 2025. GuruFocus rates TPE:1515 with a GF Score™ of 68/100 and a GF Value™ of NT$34.81 (Modestly Overvalued). The stock has 9 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.

Rexon Industrial's adjusted book value per share for the three months ended in Dec. 2025 was NT$21.832. 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$20.83 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Rexon Industrial's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Rexon Industrial was 9.30% per year. The lowest was 5.10% per year. And the median was 8.00% per year.

As of today (2026-07-11), Rexon Industrial's current stock price is NT$40.15. Rexon Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$20.83. Rexon Industrial's Cyclically Adjusted PB Ratio of today is 1.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rexon Industrial was 7.16. The lowest was 1.05. And the median was 2.24.


Rexon Industrial  (TPE:1515) 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.

Rexon Industrial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.15/20.83
=1.93

* 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 Rexon Industrial was 7.16. The lowest was 1.05. And the median was 2.24.


Be Aware

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


Rexon Industrial Cyclically Adjusted Book per Share Related Terms


Rexon Industrial Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rexon Industrial'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.

Rexon Industrial Cyclically Adjusted Book per Share Chart

Rexon Industrial 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 16.31 17.93 18.93 19.99 20.83

Rexon Industrial 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 19.99 20.33 20.58 20.79 20.83

TPE:1515 vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Rexon Industrial'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.


Rexon Industrial Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rexon Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:1515
68GF Score
Rexon Industrial Corp Ltd TPE:1515
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rexon Industrial 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, Rexon Industrial'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)
=21.832/324.0540*324.0540
=21.832

Current CPI (Dec. 2025) = 324.0540.

Rexon Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201603 13.183 238.132 17.940
201606 12.544 241.018 16.866
201609 12.783 241.428 17.158
201612 12.739 241.432 17.098
201703 12.457 243.801 16.558
201706 12.289 244.955 16.257
201709 13.109 246.819 17.211
201712 13.632 246.524 17.919
201803 13.635 249.554 17.705
201806 13.010 251.989 16.731
201809 13.276 252.439 17.042
201812 13.935 251.233 17.974
201903 18.578 254.202 23.683
201906 16.938 256.143 21.429
201909 17.747 256.759 22.398
201912 18.905 256.974 23.840
202003 19.033 258.115 23.895
202006 16.977 257.797 21.340
202009 18.343 260.280 22.837
202012 20.587 260.474 25.612
202103 18.752 264.877 22.941
202106 20.034 271.696 23.895
202109 21.431 274.310 25.317
202112 23.282 278.802 27.061
202203 20.131 287.504 22.690
202206 19.615 296.311 21.452
202209 19.448 296.808 21.233
202212 19.197 296.797 20.960
202303 18.787 301.836 20.170
202306 18.773 305.109 19.939
202309 20.077 307.789 21.138
202312 20.908 306.746 22.088
202403 21.184 312.332 21.979
202406 21.753 314.175 22.437
202409 21.756 315.301 22.360
202412 21.739 315.605 22.321
202503 20.852 319.799 21.129
202506 20.044 322.561 20.137
202509 20.560 324.800 20.513
202512 21.832 324.054 21.832

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$20.83 mean?
Rexon Industrial (TPE:1515) has a Cyclically Adjusted Book per Share of NT$20.83 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 Rexon Industrial and its competitors.
Is Rexon Industrial's Cyclically Adjusted Book per Share too high?
Rexon Industrial's current Cyclically Adjusted Book per Share is NT$20.83. Overall, Rexon Industrial has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rexon Industrial's Cyclically Adjusted Book per Share compare to AS and HAS?
Rexon Industrial's Cyclically Adjusted Book per Share of NT$20.83 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Rexon Industrial and its competitors. Rexon Industrial's current Cyclically Adjusted Book per Share is NT$20.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rexon Industrial stock overvalued right now?
Based on GuruFocus' analysis, Rexon Industrial (TPE:1515) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$34.81, compared to a current price of NT$40.15 — trading 15.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$20.83. Rexon Industrial's overall GF Score™ is 68/100 with 9 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 Rexon Industrial (TPE:1515), the current Cyclically Adjusted Book per Share is NT$20.83 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 Rexon Industrial (TPE:1515) Overvalued in 2026?

Based on GuruFocus' analysis, Rexon Industrial stock appears to be overvalued. The current stock price of NT$40.15 is trading 15.3% above its estimated GF Value™ of NT$34.81. GuruFocus considers Rexon Industrial to be Modestly Overvalued.

Key valuation signals for TPE:1515:

  • Cyclically Adjusted Book per Share: NT$20.83
  • GF Value™: NT$34.81 vs. price of NT$40.15 (15.3% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the TPE:1515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rexon Industrial Business Description

Address No. 261, Jen Hwa Road, Tali, Taichung, TWN, 412
Rexon Industrial Corp Ltd is engaged in the business of manufacturing and selling drills, woodworking tools and fitness equipment. The group has only one reportable segment, which is the automatic facilities and fitness equipment segment. The majority of revenue from the sale of fitness equipment. Geographically, it generates the maximum revenue from America, followed by Europe, Asia, and Others.
68GF Score

Get the complete analysis for TPE:1515

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

NT$40.15
Price
NT$34.81
GF Value