Kaulin Manufacturing Co (TPE:1531) Cyclically Adjusted Book per Share: NT$23.78 (As of Dec. 2025)


TPE:1531 Kaulin Manufacturing Co Ltd TPE:1531
65 GF Score
Price NT$13.00
GF Value NT$11.55
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Kaulin Manufacturing Co Cyclically Adjusted Book per Share?

Kaulin Manufacturing Co TPE:1531 65 Cyclically Adjusted Book per Share is NT$23.78 as of Dec. 2025. GuruFocus rates TPE:1531 with a GF Score™ of 65/100 and a GF Value™ of NT$11.55 (Modestly Overvalued). The stock has 1 warning sign 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.

Kaulin Manufacturing Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$19.775. 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$23.78 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Kaulin Manufacturing Co's average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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 Kaulin Manufacturing Co was 2.20% per year. The lowest was -0.90% per year. And the median was 1.40% per year.

As of today (2026-07-12), Kaulin Manufacturing Co's current stock price is NT$13.00. Kaulin Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$23.78. Kaulin Manufacturing Co's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kaulin Manufacturing Co was 0.75. The lowest was 0.42. And the median was 0.57.


Kaulin Manufacturing Co  (TPE:1531) 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.

Kaulin Manufacturing Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.00/23.78
=0.55

* 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 Kaulin Manufacturing Co was 0.75. The lowest was 0.42. And the median was 0.57.


Be Aware

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


Kaulin Manufacturing Co Cyclically Adjusted Book per Share Related Terms


Kaulin Manufacturing Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kaulin Manufacturing 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.

Kaulin Manufacturing Co Cyclically Adjusted Book per Share Chart

Kaulin Manufacturing 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 23.63 24.40 24.31 24.13 23.78

Kaulin Manufacturing 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 24.13 24.21 24.15 24.07 23.78

TPE:1531 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Kaulin Manufacturing 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.


Kaulin Manufacturing Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TPE:1531
65GF Score
Kaulin Manufacturing Co Ltd TPE:1531
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaulin Manufacturing 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, Kaulin Manufacturing 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)
=19.775/324.0540*324.0540
=19.775

Current CPI (Dec. 2025) = 324.0540.

Kaulin Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 21.087 238.132 28.696
201606 20.506 241.018 27.571
201609 19.560 241.428 26.254
201612 19.752 241.432 26.511
201703 20.253 243.801 26.920
201706 19.346 244.955 25.593
201709 20.605 246.819 27.053
201712 20.832 246.524 27.384
201803 20.912 249.554 27.155
201806 20.383 251.989 26.212
201809 20.232 252.439 25.972
201812 20.420 251.233 26.339
201903 20.755 254.202 26.458
201906 20.187 256.143 25.539
201909 20.034 256.759 25.285
201912 19.684 256.974 24.822
202003 19.479 258.115 24.455
202006 18.975 257.797 23.852
202009 19.122 260.280 23.807
202012 19.281 260.474 23.987
202103 19.394 264.877 23.727
202106 19.724 271.696 23.525
202109 19.789 274.310 23.378
202112 20.029 278.802 23.280
202203 20.720 287.504 23.354
202206 20.317 296.311 22.219
202209 20.799 296.808 22.708
202212 20.550 296.797 22.437
202303 20.419 301.836 21.922
202306 19.353 305.109 20.555
202309 20.159 307.789 21.224
202312 19.699 306.746 20.811
202403 20.103 312.332 20.857
202406 20.105 314.175 20.737
202409 20.085 315.301 20.643
202412 20.485 315.605 21.033
202503 20.777 319.799 21.053
202506 18.782 322.561 18.869
202509 19.314 324.800 19.270
202512 19.775 324.054 19.775

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$23.78 mean?
Kaulin Manufacturing Co (TPE:1531) has a Cyclically Adjusted Book per Share of NT$23.78 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 Kaulin Manufacturing Co and its competitors.
Is Kaulin Manufacturing Co's Cyclically Adjusted Book per Share too high?
Kaulin Manufacturing Co's current Cyclically Adjusted Book per Share is NT$23.78. Overall, Kaulin Manufacturing Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaulin Manufacturing Co's Cyclically Adjusted Book per Share compare to GEV and ETN?
Kaulin Manufacturing Co's Cyclically Adjusted Book per Share of NT$23.78 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 Kaulin Manufacturing Co and its competitors. Kaulin Manufacturing Co's current Cyclically Adjusted Book per Share is NT$23.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaulin Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Kaulin Manufacturing Co (TPE:1531) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$11.55, compared to a current price of NT$13.00 — trading 12.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$23.78. Kaulin Manufacturing Co's overall GF Score™ is 65/100 with 1 warning sign 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 Kaulin Manufacturing Co (TPE:1531), the current Cyclically Adjusted Book per Share is NT$23.78 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 Kaulin Manufacturing Co (TPE:1531) Overvalued in 2026?

Based on GuruFocus' analysis, Kaulin Manufacturing Co stock appears to be overvalued. The current stock price of NT$13.00 is trading 12.6% above its estimated GF Value™ of NT$11.55. GuruFocus considers Kaulin Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TPE:1531:

  • Cyclically Adjusted Book per Share: NT$23.78
  • GF Value™: NT$11.55 vs. price of NT$13.00 (12.6% above fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the TPE:1531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaulin Manufacturing Co Business Description

Address Dunhua North Road, 8th Floor, No. 167, Songshan District, Taipei, TWN, 105
Kaulin Manufacturing Co Ltd is a Taiwan-based company, that engages in the manufacture and distribution of sewing machines and related spare parts. Its business activities include manufacturing, assembly, and trading of a variety of sewing machines, parts, and components; casting, processing, and trading of milling products, and sewing machine parts. The company products include overlock, interlock, double chain stitch, and lockstitch. Geographically, it operates in China, Asia, Japan, Latin America, and India.
65GF Score

Get the complete analysis for TPE:1531

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

NT$13.00
Price
NT$11.55
GF Value