Quang Viet Enterprise Co (TPE:4438) Cyclically Adjusted Book per Share: NT$77.57 (As of Dec. 2025)

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TPE:4438 Quang Viet Enterprise Co Ltd TPE:4438
73 GF Score
Price NT$61.00
GF Value NT$118.92
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Quang Viet Enterprise Co Cyclically Adjusted Book per Share?

Quang Viet Enterprise Co TPE:4438 -0.81% 73 Cyclically Adjusted Book per Share is NT$77.57 as of Dec. 2025. GuruFocus rates TPE:4438 with a GF Score™ of 73/100 and a GF Value™ of NT$118.92 (Significantly Undervalued). The stock has 5 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.

Quang Viet Enterprise Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$75.401. 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$77.57 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Quang Viet Enterprise Co's average Cyclically Adjusted Book Growth Rate was 3.30% 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.

As of today (2026-07-14), Quang Viet Enterprise Co's current stock price is NT$61.00. Quang Viet Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$77.57. Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quang Viet Enterprise Co was 1.62. The lowest was 0.72. And the median was 1.07.


Quang Viet Enterprise Co  (TPE:4438) 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.

Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.00/77.57
=0.79

* 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 Quang Viet Enterprise Co was 1.62. The lowest was 0.72. And the median was 1.07.


Be Aware

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


Quang Viet Enterprise Co Cyclically Adjusted Book per Share Related Terms


Quang Viet Enterprise Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Quang Viet Enterprise 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.

Quang Viet Enterprise Co Cyclically Adjusted Book per Share Chart

Quang Viet Enterprise 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 0.00 0.00 0.00 75.12 77.57

Quang Viet Enterprise 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 75.12 76.12 77.01 77.60 77.57

TPE:4438 vs RL, LEVI, VFC: Cyclically Adjusted Book per Share Comparison

For the Apparel Manufacturing subindustry, Quang Viet Enterprise 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.


Quang Viet Enterprise Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio falls into.


TPE:4438
73GF Score
Quang Viet Enterprise Co Ltd TPE:4438
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quang Viet Enterprise 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, Quang Viet Enterprise 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)
=75.401/324.0540*324.0540
=75.401

Current CPI (Dec. 2025) = 324.0540.

Quang Viet Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 49.572 238.132 67.458
201606 43.986 241.018 59.140
201609 49.522 241.428 66.470
201612 62.871 241.432 84.386
201703 59.778 243.801 79.455
201706 55.345 244.955 73.217
201709 61.166 246.819 80.306
201712 60.652 246.524 79.727
201803 59.460 249.554 77.211
201806 57.955 251.989 74.529
201809 63.188 252.439 81.114
201812 63.538 251.233 81.955
201903 63.405 254.202 80.828
201906 61.037 256.143 77.220
201909 66.795 256.759 84.302
201912 66.685 256.974 84.092
202003 65.642 258.115 82.411
202006 60.346 257.797 75.856
202009 62.876 260.280 78.282
202012 63.826 260.474 79.406
202103 62.613 264.877 76.602
202106 65.116 271.696 77.664
202109 64.599 274.310 76.314
202112 66.076 278.802 76.801
202203 67.580 287.504 76.171
202206 66.587 296.311 72.821
202209 76.676 296.808 83.715
202212 76.113 296.797 83.103
202303 75.843 301.836 81.426
202306 71.343 305.109 75.773
202309 78.841 307.789 83.007
202312 75.521 306.746 79.782
202403 76.158 312.332 79.016
202406 73.199 314.175 75.501
202409 77.083 315.301 79.223
202412 76.877 315.605 78.935
202503 76.339 319.799 77.355
202506 66.905 322.561 67.215
202509 79.773 324.800 79.590
202512 75.401 324.054 75.401

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$77.57 mean?
Quang Viet Enterprise Co (TPE:4438) has a Cyclically Adjusted Book per Share of NT$77.57 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 Quang Viet Enterprise Co and its competitors.
Is Quang Viet Enterprise Co's Cyclically Adjusted Book per Share too high?
Quang Viet Enterprise Co's current Cyclically Adjusted Book per Share is NT$77.57. Overall, Quang Viet Enterprise Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Viet Enterprise Co's Cyclically Adjusted Book per Share compare to RL and LEVI?
Quang Viet Enterprise Co's Cyclically Adjusted Book per Share of NT$77.57 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Quang Viet Enterprise Co and its competitors. Quang Viet Enterprise Co's current Cyclically Adjusted Book per Share is NT$77.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Viet Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Quang Viet Enterprise Co (TPE:4438) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$118.92, compared to a current price of NT$61.00 — trading 48.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$77.57. Quang Viet Enterprise Co's overall GF Score™ is 73/100 with 5 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 Quang Viet Enterprise Co (TPE:4438), the current Cyclically Adjusted Book per Share is NT$77.57 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 Quang Viet Enterprise Co (TPE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Viet Enterprise Co stock appears to be undervalued. The current stock price of NT$61.00 is trading 48.7% below its estimated GF Value™ of NT$118.92. GuruFocus considers Quang Viet Enterprise Co to be Significantly Undervalued.

Key valuation signals for TPE:4438:

  • Cyclically Adjusted Book per Share: NT$77.57
  • GF Value™: NT$118.92 vs. price of NT$61.00 (48.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the TPE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quang Viet Enterprise Co Business Description

Address No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Quang Viet Enterprise Co Ltd is mainly engaged in the manufacturing, processing, and sale of garments, raw materials such as feather and down, and medical products. Its products include Down Jackets, Fiberfill Jackets, Light Jackets and Parka, Knitwear, and others. The Group operates through three reportable segments: Garment Business, which generates the maximum revenue, Down Feather Business, and Medical Business. The Company operates in North America, which generates the maximum revenue, Mainland China, Europe, Japan, and other regions.
73GF Score

Get the complete analysis for TPE:4438

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

NT$61.00
Price
NT$118.92
GF Value