Giant Manufacturing Co (TPE:9921) Cyclically Adjusted Book per Share: NT$ (As of Jun. 2026)

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TPE:9921 Giant Manufacturing Co Ltd TPE:9921
84 GF Score
Price NT$90.50
GF Value NT$122.45
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Giant Manufacturing Co Cyclically Adjusted Book per Share?

Giant Manufacturing Co TPE:9921 +0.89% 84 Cyclically Adjusted Book per Share is NT$ as of Jun. 2026. GuruFocus rates TPE:9921 with a GF Score™ of 84/100 and a GF Value™ of NT$122.45 (Modestly Undervalued). The stock has 7 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.

Giant Manufacturing Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$95.999. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$ for the trailing ten years ended in Jun. 2026.

During the past 12 months, Giant Manufacturing Co's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Giant Manufacturing Co was 10.30% per year. The lowest was 6.20% per year. And the median was 8.40% per year.

As of today (2026-09-21), Giant Manufacturing Co's current stock price is NT$90.50. Giant Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$. Giant Manufacturing Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Giant Manufacturing Co was 6.51. The lowest was 0.81. And the median was 3.19.


Giant Manufacturing Co  (TPE:9921) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Giant Manufacturing Co was 6.51. The lowest was 0.81. And the median was 3.19.


Be Aware

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


Giant Manufacturing Co Cyclically Adjusted Book per Share Related Terms


Giant Manufacturing Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Giant Manufacturing 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.

Giant Manufacturing Co Cyclically Adjusted Book per Share Chart

Giant Manufacturing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Giant Manufacturing Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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TPE:9921 vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Giant Manufacturing 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.


Giant Manufacturing Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Giant Manufacturing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Giant Manufacturing Co's Cyclically Adjusted PB Ratio falls into.


TPE:9921
84GF Score
Giant Manufacturing Co Ltd TPE:9921
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Giant Manufacturing 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, Giant Manufacturing 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)
=95.999/333.9520*333.9520
=95.999

Current CPI (Jun. 2026) = 333.9520.

Giant Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 52.206 241.428 72.213
201612 52.957 241.432 73.251
201703 53.937 243.801 73.881
201706 52.011 244.955 70.908
201709 53.388 246.819 72.235
201712 55.577 246.524 75.287
201803 56.640 249.554 75.795
201806 55.152 251.989 73.091
201809 56.663 252.439 74.960
201812 58.914 251.233 78.312
201903 61.521 254.202 80.822
201906 59.704 256.143 77.840
201909 60.647 256.759 78.880
201912 62.076 256.974 80.671
202003 62.670 258.115 81.083
202006 61.948 257.797 80.248
202009 66.950 260.280 85.900
202012 71.327 260.474 91.448
202103 75.853 264.877 95.634
202106 72.514 271.696 89.130
202109 75.559 274.310 91.987
202112 78.449 278.802 93.967
202203 85.488 287.504 99.299
202206 80.085 296.311 90.258
202209 86.397 296.808 97.209
202212 91.566 296.797 103.029
202303 94.134 301.836 104.150
202306 88.754 305.109 97.144
202309 92.910 307.789 100.808
202312 92.651 306.746 100.868
202403 95.550 312.332 102.164
202406 94.364 314.175 100.304
202409 96.747 315.301 102.470
202412 93.703 315.605 99.150
202503 96.304 319.799 100.566
202506 88.236 322.561 91.352
202509 91.984 324.800 94.576
202512 94.415 324.054 97.299
202603 95.473 330.213 96.554
202606 95.999 333.952 95.999

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$ mean?
Giant Manufacturing Co (TPE:9921) has a Cyclically Adjusted Book per Share of NT$ 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 Giant Manufacturing Co and its competitors.
Is Giant Manufacturing Co's Cyclically Adjusted Book per Share too high?
Giant Manufacturing Co's current Cyclically Adjusted Book per Share is NT$. Overall, Giant Manufacturing Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Giant Manufacturing Co's Cyclically Adjusted Book per Share compare to AS and HAS?
Giant Manufacturing Co's Cyclically Adjusted Book per Share of NT$ can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Giant Manufacturing Co and its competitors. Giant Manufacturing Co's current Cyclically Adjusted Book per Share is NT$. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giant Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Giant Manufacturing Co (TPE:9921) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$122.45, compared to a current price of NT$90.50 — trading 26.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$. Giant Manufacturing Co's overall GF Score™ is 84/100 with 7 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 Giant Manufacturing Co (TPE:9921), the current Cyclically Adjusted Book per Share is NT$ 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 Giant Manufacturing Co (TPE:9921) Overvalued in 2026?

Based on GuruFocus' analysis, Giant Manufacturing Co stock appears to be undervalued. The current stock price of NT$90.50 is trading 26.1% below its estimated GF Value™ of NT$122.45. GuruFocus considers Giant Manufacturing Co to be Modestly Undervalued.

Key valuation signals for TPE:9921:

  • Cyclically Adjusted Book per Share: NT$
  • GF Value™: NT$122.45 vs. price of NT$90.50 (26.1% below fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the TPE:9921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giant Manufacturing Co Business Description

Address Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, TWN, 40763
Giant Manufacturing Co Ltd manufactures and sells bicycles, electric bicycles and related parts. Its segments includes Bicycle, Materials, and Others. The company generates majority of its revenue from Bicycle segment.
84GF Score

Get the complete analysis for TPE:9921

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

NT$90.50
Price
NT$122.45
GF Value