Nien Made Enterprise Co (TPE:8464) Cyclically Adjusted Book per Share: NT$67.07 (As of Dec. 2025)


TPE:8464 Nien Made Enterprise Co Ltd TPE:8464
94 GF Score
Price NT$369.00
GF Value NT$405.78
Valuation Fairly Valued
! 1 Warning Sign
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What is Nien Made Enterprise Co Cyclically Adjusted Book per Share?

Nien Made Enterprise Co TPE:8464 -3.02% 94 Cyclically Adjusted Book per Share is NT$67.07 as of Dec. 2025. GuruFocus rates TPE:8464 with a GF Score™ of 94/100 and a GF Value™ of NT$405.78 (Fairly Valued). The stock has 1 warning sign 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.

Nien Made Enterprise Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$102.396. 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$67.07 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nien Made Enterprise Co's average Cyclically Adjusted Book Growth Rate was 11.20% 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 (2026-07-06), Nien Made Enterprise Co's current stock price is NT$369.00. Nien Made Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$67.07. Nien Made Enterprise Co's Cyclically Adjusted PB Ratio of today is 5.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nien Made Enterprise Co was 8.87. The lowest was 4.70. And the median was 6.58.


Nien Made Enterprise Co  (TPE:8464) 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.

Nien Made Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=369.00/67.07
=5.50

* 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 Nien Made Enterprise Co was 8.87. The lowest was 4.70. And the median was 6.58.


Be Aware

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


Nien Made Enterprise Co Cyclically Adjusted Book per Share Related Terms


Nien Made Enterprise Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nien Made 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.

Nien Made Enterprise Co Cyclically Adjusted Book per Share Chart

Nien Made 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 52.21 60.29 67.07

Nien Made 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 60.29 61.73 63.86 65.93 67.07

TPE:8464 vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nien Made 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.


Nien Made Enterprise Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nien Made Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:8464
94GF Score
Nien Made Enterprise Co Ltd TPE:8464
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nien Made 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, Nien Made 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)
=102.396/324.0540*324.0540
=102.396

Current CPI (Dec. 2025) = 324.0540.

Nien Made Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 38.654 238.132 52.601
201606 33.475 241.018 45.008
201609 36.014 241.428 48.339
201612 39.426 241.432 52.918
201703 40.181 243.801 53.408
201706 34.329 244.955 45.414
201709 37.773 246.819 49.593
201712 40.798 246.524 53.629
201803 42.746 249.554 55.507
201806 36.497 251.989 46.935
201809 39.340 252.439 50.500
201812 42.854 251.233 55.275
201903 45.976 254.202 58.610
201906 39.696 256.143 50.221
201909 43.624 256.759 55.058
201912 46.869 256.974 59.104
202003 49.379 258.115 61.994
202006 42.803 257.797 53.804
202009 47.835 260.280 59.556
202012 52.352 260.474 65.131
202103 56.694 264.877 69.360
202106 50.222 271.696 59.900
202109 54.861 274.310 64.810
202112 59.723 278.802 69.417
202203 66.507 287.504 74.962
202206 61.931 296.311 67.729
202209 69.216 296.808 75.570
202212 73.316 296.797 80.049
202303 77.425 301.836 83.124
202306 71.706 305.109 76.158
202309 78.523 307.789 82.673
202312 81.815 306.746 86.431
202403 76.585 312.332 79.459
202406 82.234 314.175 84.820
202409 86.831 315.301 89.241
202412 94.229 315.605 96.752
202503 86.569 319.799 87.721
202506 86.066 322.561 86.464
202509 93.235 324.800 93.021
202512 102.396 324.054 102.396

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$67.07 mean?
Nien Made Enterprise Co (TPE:8464) has a Cyclically Adjusted Book per Share of NT$67.07 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 Nien Made Enterprise Co and its competitors.
Is Nien Made Enterprise Co's Cyclically Adjusted Book per Share too high?
Nien Made Enterprise Co's current Cyclically Adjusted Book per Share is NT$67.07. Overall, Nien Made Enterprise Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nien Made Enterprise Co's Cyclically Adjusted Book per Share compare to SN and SGI?
Nien Made Enterprise Co's Cyclically Adjusted Book per Share of NT$67.07 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Nien Made Enterprise Co and its competitors. Nien Made Enterprise Co's current Cyclically Adjusted Book per Share is NT$67.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nien Made Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nien Made Enterprise Co (TPE:8464) is currently considered Fairly Valued. The stock's GF Value™ is NT$405.78, compared to a current price of NT$369.00 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$67.07. Nien Made Enterprise Co's overall GF Score™ is 94/100 with 1 warning sign 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 Nien Made Enterprise Co (TPE:8464), the current Cyclically Adjusted Book per Share is NT$67.07 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 Nien Made Enterprise Co (TPE:8464) Overvalued in 2026?

Based on GuruFocus' analysis, Nien Made Enterprise Co stock appears to be undervalued. The current stock price of NT$369.00 is trading 9.1% below its estimated GF Value™ of NT$405.78. GuruFocus considers Nien Made Enterprise Co to be Fairly Valued.

Key valuation signals for TPE:8464:

  • Cyclically Adjusted Book per Share: NT$67.07
  • GF Value™: NT$405.78 vs. price of NT$369.00 (9.1% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the TPE:8464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nien Made Enterprise Co Business Description

Address Chengbei Shizheng North 7th Road, 26th Floor-1, No. 98, Xitun District, Taichung, TWN
Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are Window coverings and other, out of which the majority of revenue is generated by sales of Window coverings. Geographically, the company generates a majority of its revenue from America and the rest from Europe and other regions.
94GF Score

Get the complete analysis for TPE:8464

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

NT$369.00
Price
NT$405.78
GF Value