Kuoyang Development Co (TPE:2505) Cyclically Adjusted Book per Share: NT$29.82 (As of Jun. 2026)

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TPE:2505 Kuoyang Development Co Ltd TPE:2505
61 GF Score
Price NT$17.90
GF Value NT$70.78
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Kuoyang Development Co Cyclically Adjusted Book per Share?

Kuoyang Development Co TPE:2505 -0.56% 61 Cyclically Adjusted Book per Share is NT$29.82 as of Jun. 2026. GuruFocus rates TPE:2505 with a GF Score™ of 61/100 and a GF Value™ of NT$70.78 (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.

Kuoyang Development Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$28.285. 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$29.82 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kuoyang Development Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 Kuoyang Development Co was 6.00% per year. The lowest was 2.20% per year. And the median was 4.30% per year.

As of today (2026-08-18), Kuoyang Development Co's current stock price is NT$17.90. Kuoyang Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$29.82. Kuoyang Development Co's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuoyang Development Co was 2.49. The lowest was 0.59. And the median was 0.85.


Kuoyang Development Co  (TPE:2505) 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.

Kuoyang Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.90/29.82
=0.60

* 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 Kuoyang Development Co was 2.49. The lowest was 0.59. And the median was 0.85.


Be Aware

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


Kuoyang Development Co Cyclically Adjusted Book per Share Related Terms


Kuoyang Development Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kuoyang Development 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.

Kuoyang Development Co Cyclically Adjusted Book per Share Chart

Kuoyang Development 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 25.62 27.24 28.17 28.61 29.08

Kuoyang Development 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 29.09 29.22 29.08 29.55 29.82

Kuoyang Development Co Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Kuoyang Development 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.


Kuoyang Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kuoyang Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:2505
61GF Score
Kuoyang Development Co Ltd TPE:2505
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kuoyang Development 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, Kuoyang Development 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)
=28.285/333.9520*333.9520
=28.285

Current CPI (Jun. 2026) = 333.9520.

Kuoyang Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.822 241.428 30.185
201612 22.235 241.432 30.756
201703 22.434 243.801 30.729
201706 23.085 244.955 31.472
201709 22.894 246.819 30.976
201712 22.699 246.524 30.749
201803 22.760 249.554 30.457
201806 22.103 251.989 29.292
201809 21.994 252.439 29.096
201812 22.157 251.233 29.452
201903 22.117 254.202 29.056
201906 21.391 256.143 27.889
201909 21.343 256.759 27.760
201912 21.556 256.974 28.013
202003 21.443 258.115 27.743
202006 34.101 257.797 44.175
202009 31.555 260.280 40.487
202012 24.360 260.474 31.232
202103 25.054 264.877 31.588
202106 25.375 271.696 31.189
202109 24.124 274.310 29.369
202112 24.288 278.802 29.092
202203 24.935 287.504 28.963
202206 24.955 296.311 28.125
202209 25.070 296.808 28.207
202212 25.025 296.797 28.158
202303 25.583 301.836 28.305
202306 26.014 305.109 28.473
202309 25.841 307.789 28.038
202312 26.578 306.746 28.935
202403 26.466 312.332 28.298
202406 26.896 314.175 28.589
202409 26.800 315.301 28.385
202412 26.728 315.605 28.282
202503 27.205 319.799 28.409
202506 27.202 322.561 28.163
202509 27.901 324.800 28.687
202512 28.671 324.054 29.547
202603 27.985 330.213 28.302
202606 28.285 333.952 28.285

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$29.82 mean?
Kuoyang Development Co (TPE:2505) has a Cyclically Adjusted Book per Share of NT$29.82 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 Kuoyang Development Co and its competitors.
Is Kuoyang Development Co's Cyclically Adjusted Book per Share too high?
Kuoyang Development Co's current Cyclically Adjusted Book per Share is NT$29.82. Overall, Kuoyang Development Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kuoyang Development Co's Cyclically Adjusted Book per Share compare to competitors?
Kuoyang Development Co's Cyclically Adjusted Book per Share of NT$29.82 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Kuoyang Development Co and its competitors. Kuoyang Development Co's current Cyclically Adjusted Book per Share is NT$29.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuoyang Development Co stock overvalued right now?
Based on GuruFocus' analysis, Kuoyang Development Co (TPE:2505) is currently considered Possible Value Trap. The stock's GF Value™ is NT$70.78, compared to a current price of NT$17.90 — trading 74.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$29.82. Kuoyang Development Co's overall GF Score™ is 61/100 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 Kuoyang Development Co (TPE:2505), the current Cyclically Adjusted Book per Share is NT$29.82 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 Kuoyang Development Co (TPE:2505) Overvalued in 2026?

Based on GuruFocus' analysis, Kuoyang Development Co stock appears to be undervalued. The current stock price of NT$17.90 is trading 74.7% below its estimated GF Value™ of NT$70.78. GuruFocus considers Kuoyang Development Co to be Possible Value Trap.

Key valuation signals for TPE:2505:

  • Cyclically Adjusted Book per Share: NT$29.82
  • GF Value™: NT$70.78 vs. price of NT$17.90 (74.7% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the TPE:2505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuoyang Development Co Business Description

Address No. 170, Jingmao 1st Road, 11th Floor-8, Nangang District, Taipei City, TWN
Kuoyang Development Co Ltd are engaged in the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings. It has four segments The Company; L1 companies; L2 companies; and Other. The company generates majority of revenue from The Company's main businesses are the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings. The company's project are All construction projects, Hot-selling residential projects, Hot-selling building project (factory office), Historical construction projects (high-rise buildings), and Historical Construction Projects (Villas).
61GF Score

Get the complete analysis for TPE:2505

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

NT$17.90
Price
NT$70.78
GF Value