Chien Shing Harbour Service Co (TPE:8367) Cyclically Adjusted Book per Share: NT$33.51 (As of Dec. 2025)


TPE:8367 Chien Shing Harbour Service Co Ltd TPE:8367
74 GF Score
Price NT$40.35
GF Value NT$67.96
Valuation Possible Value Trap
! 6 Warning Signs
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What is Chien Shing Harbour Service Co Cyclically Adjusted Book per Share?

Chien Shing Harbour Service Co TPE:8367 +0.88% 74 Cyclically Adjusted Book per Share is NT$33.51 as of Dec. 2025. GuruFocus rates TPE:8367 with a GF Score™ of 74/100 and a GF Value™ of NT$67.96 (Possible Value Trap). The stock has 6 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 Shing Harbour Service Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$37.347. 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$33.51 for the trailing ten years ended in Dec. 2025.

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 (2026-07-01), Chien Shing Harbour Service Co's current stock price is NT$40.35. Chien Shing Harbour Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$33.51. Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chien Shing Harbour Service Co was 1.45. The lowest was 1.19. And the median was 1.32.


Chien Shing Harbour Service Co  (TPE:8367) 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 Shing Harbour Service Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.35/33.51
=1.20

* 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 Shing Harbour Service Co was 1.45. The lowest was 1.19. And the median was 1.32.


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 Shing Harbour Service Co Cyclically Adjusted Book per Share Related Terms


Chien Shing Harbour Service Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chien Shing Harbour Service 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 Shing Harbour Service Co Cyclically Adjusted Book per Share Chart

Chien Shing Harbour Service 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 0.00 33.51

Chien Shing Harbour Service 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 0.00 0.00 32.88 33.29 33.51

Chien Shing Harbour Service Co Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, Chien Shing Harbour Service 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 Shing Harbour Service Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio falls into.


TPE:8367
74GF Score
Chien Shing Harbour Service Co Ltd TPE:8367
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chien Shing Harbour Service 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 Shing Harbour Service 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)
=37.347/324.0540*324.0540
=37.347

Current CPI (Dec. 2025) = 324.0540.

Chien Shing Harbour Service Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.165 238.638 27.383
201512 21.214 236.525 29.065
201606 21.792 241.018 29.300
201612 22.455 241.432 30.139
201703 0.000 243.801 0.000
201706 22.479 244.955 29.738
201709 0.000 246.819 0.000
201712 23.094 246.524 30.357
201803 23.440 249.554 30.438
201806 22.922 251.989 29.477
201809 22.959 252.439 29.472
201812 23.681 251.233 30.545
201903 23.818 254.202 30.363
201906 23.284 256.143 29.457
201909 23.816 256.759 30.058
201912 24.601 256.974 31.023
202003 25.120 258.115 31.537
202006 24.747 257.797 31.107
202009 25.429 260.280 31.660
202012 26.375 260.474 32.813
202103 27.311 264.877 33.413
202106 31.711 271.696 37.822
202109 31.083 274.310 36.720
202112 31.942 278.802 37.126
202203 34.546 287.504 38.938
202206 31.868 296.311 34.852
202209 33.245 296.808 36.297
202212 34.018 296.797 37.142
202303 34.978 301.836 37.553
202306 33.088 305.109 35.143
202309 33.775 307.789 35.560
202312 34.843 306.746 36.809
202403 35.505 312.332 36.838
202406 34.201 314.175 35.276
202409 35.251 315.301 36.230
202412 36.359 315.605 37.332
202503 37.362 319.799 37.859
202506 35.164 322.561 35.327
202509 36.121 324.800 36.038
202512 37.347 324.054 37.347

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$33.51 mean?
Chien Shing Harbour Service Co (TPE:8367) has a Cyclically Adjusted Book per Share of NT$33.51 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 Shing Harbour Service Co and its competitors.
Is Chien Shing Harbour Service Co's Cyclically Adjusted Book per Share too high?
Chien Shing Harbour Service Co's current Cyclically Adjusted Book per Share is NT$33.51. Overall, Chien Shing Harbour Service Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chien Shing Harbour Service Co's Cyclically Adjusted Book per Share compare to competitors?
Chien Shing Harbour Service Co's Cyclically Adjusted Book per Share of NT$33.51 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Shing Harbour Service Co and its competitors. Chien Shing Harbour Service Co's current Cyclically Adjusted Book per Share is NT$33.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chien Shing Harbour Service Co stock overvalued right now?
Based on GuruFocus' analysis, Chien Shing Harbour Service Co (TPE:8367) is currently considered Possible Value Trap. The stock's GF Value™ is NT$67.96, compared to a current price of NT$40.35 — trading 40.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$33.51. Chien Shing Harbour Service Co's overall GF Score™ is 74/100 with 6 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 Shing Harbour Service Co (TPE:8367), the current Cyclically Adjusted Book per Share is NT$33.51 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 Shing Harbour Service Co (TPE:8367) Overvalued in 2026?

Based on GuruFocus' analysis, Chien Shing Harbour Service Co stock appears to be undervalued. The current stock price of NT$40.35 is trading 40.6% below its estimated GF Value™ of NT$67.96. GuruFocus considers Chien Shing Harbour Service Co to be Possible Value Trap.

Key valuation signals for TPE:8367:

  • Cyclically Adjusted Book per Share: NT$33.51
  • GF Value™: NT$67.96 vs. price of NT$40.35 (40.6% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the TPE:8367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chien Shing Harbour Service Co Business Description

Address Lingang Road, No. 68, Section 3, Wuqi District, Taichung, TWN, 435
Chien Shing Harbour Service Co Ltd is a Taiwan-based shipping company. The main business activities of the company include warehousing service, operation of gas stations, sale of gasoline and diesel, operation of convenience stores, automobile cargo transportation, automobile container transport, container leasing, operation of the container terminal, customs brokerage, and vessel stevedoring service. The group has four operating segments - The warehousing segment, the Customs brokerage department, the Transportation segment and the Vessel stevedoring segment. The majority is from the vessel stevedoring segment, which is responsible for stevedoring of break bulk cargo for businesses and shipping companies locally and abroad.
74GF Score

Get the complete analysis for TPE:8367

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

NT$40.35
Price
NT$67.96
GF Value