King's Town Construction Co (TPE:2524) Cyclically Adjusted Book per Share: NT$49.13 (As of Jun. 2026)

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TPE:2524 King's Town Construction Co Ltd TPE:2524
66 GF Score
Price NT$35.80
GF Value NT$26.81
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is King's Town Construction Co Cyclically Adjusted Book per Share?

King's Town Construction Co TPE:2524 +2.87% 66 Cyclically Adjusted Book per Share is NT$49.13 as of Jun. 2026. GuruFocus rates TPE:2524 with a GF Score™ of 66/100 and a GF Value™ of NT$26.81 (Significantly 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.

King's Town Construction Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$58.106. 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$49.13 for the trailing ten years ended in Jun. 2026.

During the past 12 months, King's Town Construction 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 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 King's Town Construction Co was 11.70% per year. The lowest was 7.10% per year. And the median was 10.40% per year.

As of today (2026-08-26), King's Town Construction Co's current stock price is NT$35.80. King's Town Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$49.13. King's Town Construction Co's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of King's Town Construction Co was 2.91. The lowest was 0.69. And the median was 1.06.


King's Town Construction Co  (TPE:2524) 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.

King's Town Construction Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.80/49.13
=0.73

* 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 King's Town Construction Co was 2.91. The lowest was 0.69. And the median was 1.06.


Be Aware

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


King's Town Construction Co Cyclically Adjusted Book per Share Related Terms


King's Town Construction Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for King's Town Construction 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.

King's Town Construction Co Cyclically Adjusted Book per Share Chart

King's Town Construction 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 33.86 38.20 41.19 43.78 46.97

King's Town Construction 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 45.76 46.58 46.97 48.36 49.13

King's Town Construction Co Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, King's Town Construction 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.


King's Town Construction Co Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where King's Town Construction Co's Cyclically Adjusted PB Ratio falls into.


TPE:2524
66GF Score
King's Town Construction Co Ltd TPE:2524
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King's Town Construction 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, King's Town Construction 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)
=58.106/333.9520*333.9520
=58.106

Current CPI (Jun. 2026) = 333.9520.

King's Town Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 28.397 241.428 39.280
201612 29.271 241.432 40.488
201703 29.432 243.801 40.315
201706 29.668 244.955 40.447
201709 30.419 246.819 41.158
201712 31.290 246.524 42.387
201803 31.842 249.554 42.611
201806 29.897 251.989 39.621
201809 30.473 252.439 40.313
201812 30.577 251.233 40.645
201903 31.804 254.202 41.782
201906 32.678 256.143 42.605
201909 33.653 256.759 43.771
201912 34.878 256.974 45.326
202003 35.638 258.115 46.109
202006 36.896 257.797 47.795
202009 38.295 260.280 49.134
202012 39.500 260.474 50.643
202103 40.510 264.877 51.074
202106 41.748 271.696 51.314
202109 42.434 274.310 51.660
202112 44.023 278.802 52.731
202203 44.664 287.504 51.880
202206 45.040 296.311 50.762
202209 45.260 296.808 50.924
202212 46.809 296.797 52.669
202303 46.974 301.836 51.972
202306 46.971 305.109 51.411
202309 47.481 307.789 51.517
202312 47.989 306.746 52.245
202403 48.526 312.332 51.885
202406 49.479 314.175 52.594
202409 50.534 315.301 53.523
202412 55.657 315.605 58.892
202503 57.148 319.799 59.677
202506 57.258 322.561 59.280
202509 57.471 324.800 59.090
202512 57.452 324.054 59.207
202603 57.812 330.213 58.467
202606 58.106 333.952 58.106

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$49.13 mean?
King's Town Construction Co (TPE:2524) has a Cyclically Adjusted Book per Share of NT$49.13 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 King's Town Construction Co and its competitors.
Is King's Town Construction Co's Cyclically Adjusted Book per Share too high?
King's Town Construction Co's current Cyclically Adjusted Book per Share is NT$49.13. Overall, King's Town Construction Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King's Town Construction Co's Cyclically Adjusted Book per Share compare to competitors?
King's Town Construction Co's Cyclically Adjusted Book per Share of NT$49.13 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 King's Town Construction Co and its competitors. King's Town Construction Co's current Cyclically Adjusted Book per Share is NT$49.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King's Town Construction Co stock overvalued right now?
Based on GuruFocus' analysis, King's Town Construction Co (TPE:2524) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.81, compared to a current price of NT$35.80 — trading 33.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$49.13. King's Town Construction Co's overall GF Score™ is 66/100 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 King's Town Construction Co (TPE:2524), the current Cyclically Adjusted Book per Share is NT$49.13 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 King's Town Construction Co (TPE:2524) Overvalued in 2026?

Based on GuruFocus' analysis, King's Town Construction Co stock appears to be overvalued. The current stock price of NT$35.80 is trading 33.5% above its estimated GF Value™ of NT$26.81. GuruFocus considers King's Town Construction Co to be Significantly Overvalued.

Key valuation signals for TPE:2524:

  • Cyclically Adjusted Book per Share: NT$49.13
  • GF Value™: NT$26.81 vs. price of NT$35.80 (33.5% above fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the TPE:2524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King's Town Construction Co Business Description

Address Bo\'ai 2nd Road, 12th Floor, No. 150, Zuoying District, Kaohsiung, TWN, 813
King's Town Construction Co Ltd is a Taiwan-based real estate company. The company is mainly engaged in residential, building development, lease, and sale, development of specific professional areas, zoning, and rezoning agency business, and tourist and hotel business. Its segments include: Construction Department; and Accommodation Department, of which maximum revenue is derived from Construction Department.
66GF Score

Get the complete analysis for TPE:2524

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

NT$35.80
Price
NT$26.81
GF Value