Long Bon Development Co (TPE:2514) Cyclically Adjusted Book per Share: NT$31.24 (As of Dec. 2025)


TPE:2514 Long Bon Development Co Ltd TPE:2514
80 GF Score
Price NT$12.95
GF Value NT$19.16
Valuation Possible Value Trap
! 4 Warning Signs
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What is Long Bon Development Co Cyclically Adjusted Book per Share?

Long Bon Development Co TPE:2514 80 Cyclically Adjusted Book per Share is NT$31.24 as of Dec. 2025. GuruFocus rates TPE:2514 with a GF Score™ of 80/100 and a GF Value™ of NT$19.16 (Possible Value Trap). The stock has 4 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.

Long Bon Development Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$35.425. 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$31.24 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Long Bon Development Co's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 Long Bon Development Co was 10.80% per year. The lowest was 7.40% per year. And the median was 8.70% per year.

As of today (2026-07-12), Long Bon Development Co's current stock price is NT$12.95. Long Bon Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$31.24. Long Bon Development Co's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Long Bon Development Co was 1.24. The lowest was 0.41. And the median was 0.71.


Long Bon Development Co  (TPE:2514) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.95/31.24
=0.41

* 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 Long Bon Development Co was 1.24. The lowest was 0.41. And the median was 0.71.


Be Aware

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


Long Bon Development Co Cyclically Adjusted Book per Share Related Terms


Long Bon Development Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Long Bon 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.

Long Bon Development Co Cyclically Adjusted Book per Share Chart

Long Bon 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 22.66 25.20 27.09 29.09 31.24

Long Bon Development 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 29.09 29.76 30.36 31.03 31.24

TPE:2514 vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Long Bon 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.


Long Bon Development Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Long Bon Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:2514
80GF Score
Long Bon Development Co Ltd TPE:2514
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Long Bon 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, Long Bon Development 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)
=35.425/324.0540*324.0540
=35.425

Current CPI (Dec. 2025) = 324.0540.

Long Bon Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 17.420 238.132 23.705
201606 17.016 241.018 22.878
201609 19.745 241.428 26.503
201612 20.602 241.432 27.652
201703 21.628 243.801 28.747
201706 22.813 244.955 30.180
201709 22.917 246.819 30.088
201712 23.863 246.524 31.368
201803 23.882 249.554 31.012
201806 26.407 251.989 33.959
201809 24.907 252.439 31.973
201812 22.913 251.233 29.554
201903 23.129 254.202 29.485
201906 24.888 256.143 31.487
201909 24.129 256.759 30.453
201912 22.576 256.974 28.469
202003 21.987 258.115 27.604
202006 23.171 257.797 29.126
202009 22.297 260.280 27.760
202012 26.050 260.474 32.409
202103 26.827 264.877 32.821
202106 28.860 271.696 34.422
202109 28.253 274.310 33.376
202112 28.384 278.802 32.991
202203 28.570 287.504 32.202
202206 28.895 296.311 31.600
202209 29.231 296.808 31.914
202212 29.568 296.797 32.283
202303 29.762 301.836 31.953
202306 30.500 305.109 32.394
202309 30.817 307.789 32.446
202312 30.493 306.746 32.214
202403 31.753 312.332 32.945
202406 32.322 314.175 33.338
202409 33.235 315.301 34.158
202412 33.458 315.605 34.354
202503 34.119 319.799 34.573
202506 34.514 322.561 34.674
202509 35.076 324.800 34.995
202512 35.425 324.054 35.425

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$31.24 mean?
Long Bon Development Co (TPE:2514) has a Cyclically Adjusted Book per Share of NT$31.24 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 Long Bon Development Co and its competitors.
Is Long Bon Development Co's Cyclically Adjusted Book per Share too high?
Long Bon Development Co's current Cyclically Adjusted Book per Share is NT$31.24. Overall, Long Bon Development Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Long Bon Development Co's Cyclically Adjusted Book per Share compare to PWR and FIX?
Long Bon Development Co's Cyclically Adjusted Book per Share of NT$31.24 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Long Bon Development Co and its competitors. Long Bon Development Co's current Cyclically Adjusted Book per Share is NT$31.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Long Bon Development Co stock overvalued right now?
Based on GuruFocus' analysis, Long Bon Development Co (TPE:2514) is currently considered Possible Value Trap. The stock's GF Value™ is NT$19.16, compared to a current price of NT$12.95 — trading 32.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$31.24. Long Bon Development Co's overall GF Score™ is 80/100 with 4 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 Long Bon Development Co (TPE:2514), the current Cyclically Adjusted Book per Share is NT$31.24 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 Long Bon Development Co (TPE:2514) Overvalued in 2026?

Based on GuruFocus' analysis, Long Bon Development Co stock appears to be undervalued. The current stock price of NT$12.95 is trading 32.4% below its estimated GF Value™ of NT$19.16. GuruFocus considers Long Bon Development Co to be Possible Value Trap.

Key valuation signals for TPE:2514:

  • Cyclically Adjusted Book per Share: NT$31.24
  • GF Value™: NT$19.16 vs. price of NT$12.95 (32.4% below fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the TPE:2514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Long Bon Development Co Business Description

Address Zhongxiao West Road, 9th Floor, No. 50, Section 1, Zhongzheng District, Taipei, TWN, 100
Long Bon Development Co Ltd is a Taiwan-based company with operations in commercial property and car-park leasing, property developments, hotel management, and online shopping services. The company is also engaged in the management of the Qiaoyuan clubhouse, including guest rooms, conference rooms, and education and training rooms. Investment, Funeral, and Recreation were the group's four segments. Construction projects are the focus of the construction segment. The investment segment invests in financial instruments, while the funeral division provides funeral services and other services. Sports facilities are provided by the recreation segment. The majority of the revenue of the group is from the construction segment.
80GF Score

Get the complete analysis for TPE:2514

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

NT$12.95
Price
NT$19.16
GF Value