YC Inox Co (TPE:2034) Cyclically Adjusted Book per Share: NT$22.97 (As of Jun. 2026)

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TPE:2034 YC Inox Co Ltd TPE:2034
66 GF Score
Price NT$20.45
GF Value NT$16.86
Valuation Modestly Overvalued
! 13 Warning Signs
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What is YC Inox Co Cyclically Adjusted Book per Share?

YC Inox Co TPE:2034 +0.49% 66 Cyclically Adjusted Book per Share is NT$22.97 as of Jun. 2026. GuruFocus rates TPE:2034 with a GF Score™ of 66/100 and a GF Value™ of NT$16.86 (Modestly Overvalued). The stock has 13 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.

YC Inox Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$17.017. 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$22.97 for the trailing ten years ended in Jun. 2026.

During the past 12 months, YC Inox Co's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% 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 YC Inox Co was 6.20% per year. The lowest was 1.80% per year. And the median was 4.10% per year.

As of today (2026-08-28), YC Inox Co's current stock price is NT$20.45. YC Inox Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$22.97. YC Inox Co's Cyclically Adjusted PB Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YC Inox Co was 2.21. The lowest was 0.80. And the median was 1.27.


YC Inox Co  (TPE:2034) 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.

YC Inox Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.45/22.97
=0.89

* 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 YC Inox Co was 2.21. The lowest was 0.80. And the median was 1.27.


Be Aware

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


YC Inox Co Cyclically Adjusted Book per Share Related Terms


YC Inox Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for YC Inox 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.

YC Inox Co Cyclically Adjusted Book per Share Chart

YC Inox 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 19.88 21.38 22.08 22.42 22.58

YC Inox Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 22.71 22.75 22.58 22.87 22.97

TPE:2034 vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, YC Inox 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.


YC Inox Co Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, YC Inox Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:2034
66GF Score
YC Inox Co Ltd TPE:2034
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YC Inox 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, YC Inox Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.017/333.9520*333.9520
=17.017

Current CPI (Jun. 2026) = 333.9520.

YC Inox Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.287 241.428 23.912
201612 17.894 241.432 24.751
201703 18.425 243.801 25.238
201706 17.157 244.955 23.390
201709 17.695 246.819 23.942
201712 18.085 246.524 24.499
201803 18.612 249.554 24.906
201806 17.808 251.989 23.600
201809 18.379 252.439 24.314
201812 18.852 251.233 25.059
201903 19.448 254.202 25.549
201906 18.179 256.143 23.701
201909 18.664 256.759 24.275
201912 17.821 256.974 23.159
202003 18.011 258.115 23.303
202006 16.787 257.797 21.746
202009 16.983 260.280 21.790
202012 20.499 260.474 26.282
202103 19.592 264.877 24.701
202106 20.841 271.696 25.616
202109 20.223 274.310 24.620
202112 20.851 278.802 24.976
202203 20.913 287.504 24.292
202206 20.619 296.311 23.238
202209 23.311 296.808 26.228
202212 23.057 296.797 25.943
202303 24.062 301.836 26.622
202306 19.363 305.109 21.193
202309 19.535 307.789 21.196
202312 19.714 306.746 21.462
202403 20.004 312.332 21.389
202406 19.341 314.175 20.558
202409 18.741 315.301 19.850
202412 20.206 315.605 21.381
202503 20.732 319.799 21.650
202506 16.893 322.561 17.490
202509 18.104 324.800 18.614
202512 18.490 324.054 19.055
202603 18.148 330.213 18.353
202606 17.017 333.952 17.017

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$22.97 mean?
YC Inox Co (TPE:2034) has a Cyclically Adjusted Book per Share of NT$22.97 as of Jun. 2026. 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 YC Inox Co and its competitors.
Is YC Inox Co's Cyclically Adjusted Book per Share too high?
YC Inox Co's current Cyclically Adjusted Book per Share is NT$22.97. Overall, YC Inox Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YC Inox Co's Cyclically Adjusted Book per Share compare to NUE and STLD?
YC Inox Co's Cyclically Adjusted Book per Share of NT$22.97 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 YC Inox Co and its competitors. YC Inox Co's current Cyclically Adjusted Book per Share is NT$22.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YC Inox Co stock overvalued right now?
Based on GuruFocus' analysis, YC Inox Co (TPE:2034) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$16.86, compared to a current price of NT$20.45 — trading 21.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$22.97. YC Inox Co's overall GF Score™ is 66/100 with 13 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 YC Inox Co (TPE:2034), the current Cyclically Adjusted Book per Share is NT$22.97 as of Jun. 2026. 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 YC Inox Co (TPE:2034) Overvalued in 2026?

Based on GuruFocus' analysis, YC Inox Co stock appears to be overvalued. The current stock price of NT$20.45 is trading 21.3% above its estimated GF Value™ of NT$16.86. GuruFocus considers YC Inox Co to be Modestly Overvalued.

Key valuation signals for TPE:2034:

  • Cyclically Adjusted Book per Share: NT$22.97
  • GF Value™: NT$16.86 vs. price of NT$20.45 (21.3% above fair value)
  • GF Score™: 66/100 with 13 warning signs

No single metric tells the full story. See the TPE:2034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YC Inox Co Business Description

Address Number 270, Sector 4, Jungshan Road, Shijou Shiang, Changhua, TWN
YC Inox Co Ltd is engaged in the production, processing and sale of stainless steel pipes, stainless steel sheets and coils, agency services and international trading of stainless steel products. Its products include welded pipes, welded tubes, sheets and plates, coils, flat bars, angles, U-channels, and checker plates. Its segments include Stainless steel tubes/pipes, Stainless steel sheets/coils, and Others. Geographically it operates in Europe, Asia, America, and Others, with majority of revenue generating from Europe.
66GF Score

Get the complete analysis for TPE:2034

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

NT$20.45
Price
NT$16.86
GF Value