Chong Hong Construction Co (TPE:5534) Cyclically Adjusted Book per Share: NT$71.27 (As of Jun. 2026)

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TPE:5534 Chong Hong Construction Co Ltd TPE:5534
83 GF Score
Price NT$72.90
GF Value NT$77.49
Valuation Fairly Valued
! 5 Warning Signs
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What is Chong Hong Construction Co Cyclically Adjusted Book per Share?

Chong Hong Construction Co TPE:5534 -0.27% 83 Cyclically Adjusted Book per Share is NT$71.27 as of Jun. 2026. GuruFocus rates TPE:5534 with a GF Score™ of 83/100 and a GF Value™ of NT$77.49 (Fairly Valued). 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.

Chong Hong Construction Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$67.661. 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$71.27 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Chong Hong Construction Co's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Chong Hong Construction Co was 10.20% per year. The lowest was 6.40% per year. And the median was 10.00% per year.

As of today (2026-09-17), Chong Hong Construction Co's current stock price is NT$72.90. Chong Hong Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$71.27. Chong Hong Construction Co's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chong Hong Construction Co was 2.34. The lowest was 1.05. And the median was 1.44.


Chong Hong Construction Co  (TPE:5534) 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.

Chong Hong Construction Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=72.90/71.271
=1.02

* 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 Chong Hong Construction Co was 2.34. The lowest was 1.05. And the median was 1.44.


Be Aware

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


Chong Hong Construction Co Cyclically Adjusted Book per Share Related Terms


Chong Hong Construction Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chong Hong 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.

Chong Hong Construction Co Cyclically Adjusted Book per Share Chart

Chong Hong 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 51.62 58.31 62.43 66.61 70.76

Chong Hong 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 66.69 67.69 68.13 69.92 71.27

Chong Hong Construction Co Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Chong Hong 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.


Chong Hong Construction Co Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


TPE:5534
83GF Score
Chong Hong Construction Co Ltd TPE:5534
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chong Hong 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, Chong Hong 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)
=67.661/333.9520*333.9520
=67.661

Current CPI (Jun. 2026) = 333.9520.

Chong Hong Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 37.420 241.428 51.761
201612 42.270 241.432 58.468
201703 44.462 243.801 60.903
201706 40.672 244.955 55.449
201709 42.599 246.819 57.637
201712 46.952 246.524 63.603
201803 57.282 249.554 76.655
201806 52.073 251.989 69.010
201809 51.215 252.439 67.752
201812 56.115 251.233 74.591
201903 59.359 254.202 77.982
201906 53.985 256.143 70.384
201909 56.568 256.759 73.575
201912 59.960 256.974 77.921
202003 63.125 258.115 81.672
202006 57.571 257.797 74.578
202009 58.552 260.280 75.125
202012 62.526 260.474 80.164
202103 63.290 264.877 79.795
202106 63.361 271.696 77.879
202109 58.370 274.310 71.061
202112 61.983 278.802 74.244
202203 66.401 287.504 77.128
202206 63.523 296.311 71.592
202209 64.500 296.808 72.572
202212 67.484 296.797 75.932
202303 67.973 301.836 75.205
202306 62.572 305.109 68.487
202309 63.695 307.789 69.109
202312 68.295 306.746 74.352
202403 68.590 312.332 73.338
202406 64.434 314.175 68.490
202409 65.557 315.301 69.435
202412 72.288 315.605 76.490
202503 73.085 319.799 76.319
202506 66.362 322.561 68.706
202509 67.755 324.800 69.664
202512 71.297 324.054 73.475
202603 71.878 330.213 72.692
202606 67.661 333.952 67.661

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$71.27 mean?
Chong Hong Construction Co (TPE:5534) has a Cyclically Adjusted Book per Share of NT$71.27 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 Chong Hong Construction Co and its competitors.
Is Chong Hong Construction Co's Cyclically Adjusted Book per Share too high?
Chong Hong Construction Co's current Cyclically Adjusted Book per Share is NT$71.27. Overall, Chong Hong Construction Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chong Hong Construction Co's Cyclically Adjusted Book per Share compare to competitors?
Chong Hong Construction Co's Cyclically Adjusted Book per Share of NT$71.27 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 Chong Hong Construction Co and its competitors. Chong Hong Construction Co's current Cyclically Adjusted Book per Share is NT$71.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chong Hong Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Chong Hong Construction Co (TPE:5534) is currently considered Fairly Valued. The stock's GF Value™ is NT$77.49, compared to a current price of NT$72.90 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$71.27. Chong Hong Construction Co's overall GF Score™ is 83/100 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 Chong Hong Construction Co (TPE:5534), the current Cyclically Adjusted Book per Share is NT$71.27 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 Chong Hong Construction Co (TPE:5534) Overvalued in 2026?

Based on GuruFocus' analysis, Chong Hong Construction Co stock appears to be undervalued. The current stock price of NT$72.90 is trading 5.9% below its estimated GF Value™ of NT$77.49. GuruFocus considers Chong Hong Construction Co to be Fairly Valued.

Key valuation signals for TPE:5534:

  • Cyclically Adjusted Book per Share: NT$71.27
  • GF Value™: NT$77.49 vs. price of NT$72.90 (5.9% below fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the TPE:5534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chong Hong Construction Co Business Description

Address No. 30, Beiping East Road, 11th Floor, Zhongzheng District, Taipei, TWN, 100
Chong Hong Construction Co Ltd mainly develops, sells, and leases residential and commercial property in Taiwan. The company derives revenue from the proceeds of lands, properties, contract fees, and rental income. Land revenue represents more than half of group income, followed by property revenue. The company operates through two segments. The Building segment is engaged in the construction of commercial buildings, public housing, and the lease of factories. The construction segment is engaged in building and construction projects.
83GF Score

Get the complete analysis for TPE:5534

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

NT$72.90
Price
NT$77.49
GF Value