Chien Kuo Construction Co (TPE:5515) Cyclically Adjusted Book per Share: NT$27.28 (As of Dec. 2025)

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TPE:5515 Chien Kuo Construction Co Ltd TPE:5515
74 GF Score
Price NT$44.25
GF Value NT$36.09
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Chien Kuo Construction Co Cyclically Adjusted Book per Share?

Chien Kuo Construction Co TPE:5515 +3.51% 74 Cyclically Adjusted Book per Share is NT$27.28 as of Dec. 2025. GuruFocus rates TPE:5515 with a GF Score™ of 74/100 and a GF Value™ of NT$36.09 (Modestly Overvalued). 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.

Chien Kuo Construction Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$26.055. 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$27.28 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Chien Kuo Construction Co's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Chien Kuo Construction Co was 3.10% per year. The lowest was -0.80% per year. And the median was 2.00% per year.

As of today (2026-07-21), Chien Kuo Construction Co's current stock price is NT$44.25. Chien Kuo Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$27.28. Chien Kuo Construction Co's Cyclically Adjusted PB Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chien Kuo Construction Co was 1.61. The lowest was 0.36. And the median was 0.65.


Chien Kuo Construction Co  (TPE:5515) 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.

Chien Kuo Construction Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.25/27.28
=1.62

* 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 Chien Kuo Construction Co was 1.61. The lowest was 0.36. And the median was 0.65.


Be Aware

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


Chien Kuo Construction Co Cyclically Adjusted Book per Share Related Terms


Chien Kuo Construction Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chien Kuo 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.

Chien Kuo Construction Co Cyclically Adjusted Book per Share Chart

Chien Kuo 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 26.87 27.94 27.85 27.62 27.28

Chien Kuo Construction 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 27.62 27.70 27.63 27.54 27.28

TPE:5515 vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Chien Kuo 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.


Chien Kuo Construction Co Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TPE:5515
74GF Score
Chien Kuo Construction Co Ltd TPE:5515
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chien Kuo 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, Chien Kuo Construction 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)
=26.055/324.0540*324.0540
=26.055

Current CPI (Dec. 2025) = 324.0540.

Chien Kuo Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 24.612 238.132 33.492
201606 23.567 241.018 31.686
201609 23.113 241.428 31.023
201612 23.184 241.432 31.118
201703 22.276 243.801 29.609
201706 22.040 244.955 29.157
201709 22.529 246.819 29.579
201712 22.880 246.524 30.076
201803 22.994 249.554 29.858
201806 23.012 251.989 29.593
201809 22.952 252.439 29.463
201812 23.134 251.233 29.839
201903 23.944 254.202 30.524
201906 23.494 256.143 29.723
201909 20.292 256.759 25.610
201912 20.326 256.974 25.632
202003 20.614 258.115 25.880
202006 20.453 257.797 25.710
202009 20.890 260.280 26.008
202012 21.503 260.474 26.752
202103 22.670 264.877 27.735
202106 23.119 271.696 27.574
202109 22.741 274.310 26.865
202112 22.833 278.802 26.539
202203 23.575 287.504 26.572
202206 22.093 296.311 24.162
202209 23.551 296.808 25.713
202212 23.516 296.797 25.676
202303 23.948 301.836 25.711
202306 23.646 305.109 25.114
202309 24.294 307.789 25.578
202312 24.056 306.746 25.413
202403 25.591 312.332 26.551
202406 25.186 314.175 25.978
202409 23.115 315.301 23.757
202412 24.482 315.605 25.137
202503 25.055 319.799 25.388
202506 21.344 322.561 21.443
202509 24.012 324.800 23.957
202512 26.055 324.054 26.055

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$27.28 mean?
Chien Kuo Construction Co (TPE:5515) has a Cyclically Adjusted Book per Share of NT$27.28 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 Chien Kuo Construction Co and its competitors.
Is Chien Kuo Construction Co's Cyclically Adjusted Book per Share too high?
Chien Kuo Construction Co's current Cyclically Adjusted Book per Share is NT$27.28. Overall, Chien Kuo Construction Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chien Kuo Construction Co's Cyclically Adjusted Book per Share compare to PWR and FIX?
Chien Kuo Construction Co's Cyclically Adjusted Book per Share of NT$27.28 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 Chien Kuo Construction Co and its competitors. Chien Kuo Construction Co's current Cyclically Adjusted Book per Share is NT$27.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chien Kuo Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Chien Kuo Construction Co (TPE:5515) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$36.09, compared to a current price of NT$44.25 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$27.28. Chien Kuo Construction Co's overall GF Score™ is 74/100 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 Chien Kuo Construction Co (TPE:5515), the current Cyclically Adjusted Book per Share is NT$27.28 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 Chien Kuo Construction Co (TPE:5515) Overvalued in 2026?

Based on GuruFocus' analysis, Chien Kuo Construction Co stock appears to be overvalued. The current stock price of NT$44.25 is trading 22.6% above its estimated GF Value™ of NT$36.09. GuruFocus considers Chien Kuo Construction Co to be Modestly Overvalued.

Key valuation signals for TPE:5515:

  • Cyclically Adjusted Book per Share: NT$27.28
  • GF Value™: NT$36.09 vs. price of NT$44.25 (22.6% above fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the TPE:5515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chien Kuo Construction Co Business Description

Address No. 67, Dunhua South Road, 20th Floor, Section 2, Da\'an District, Taipei, TWN
Chien Kuo Construction Co Ltd is engaged in the business relating to design, supervision of modification, and construction of various construction projects as well as trading of construction materials. The company provides construction and engineering services for residential and commercial buildings, science and technology workshops, public works, and others. Its services include Construction project scheme proposal, Value engineering assessment, Professional geotechnical engineering consultation, and others.
74GF Score

Get the complete analysis for TPE:5515

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

NT$44.25
Price
NT$36.09
GF Value