TCC Group Holdings Co (TPE:1101) Cyclically Adjusted PB Ratio: 0.69 (As of Aug. 04, 2026) — 45% Below Median

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TPE:1101 TCC Group Holdings Co Ltd TPE:1101
78 GF Score
Price NT$23.55
GF Value NT$41.22
Valuation Possible Value Trap
! 11 Warning Signs
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What is TCC Group Holdings Co Cyclically Adjusted PB Ratio?

TCC Group Holdings Co TPE:1101 -1.05% 78 Cyclically Adjusted PB Ratio is 0.69 as of Aug. 04, 2026, which is 45% below its 10-year median of 1.25. GuruFocus rates TPE:1101 with a GF Score™ of 78/100 and a GF Value™ of NT$41.22 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 314 Building Materials companies, TCC Group Holdings Co ranks better than 63.69% on this metric.

As of today (2026-08-04), TCC Group Holdings Co's current share price is NT$23.55. TCC Group Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$34.10. TCC Group Holdings Co's Cyclically Adjusted PB Ratio for today is 0.69.

The historical rank and industry rank for TCC Group Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1101' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.25   Max: 1.86
Current: 0.7

During the past years, TCC Group Holdings Co's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.61. And the median was 1.25.

TPE:1101's Cyclically Adjusted PB Ratio is ranked better than
63.69% of 314 companies
in the Building Materials industry
Industry Median: 0.97 vs TPE:1101: 0.70

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.

TCC Group Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$31.956. 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$34.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TCC Group Holdings Co  (TPE:1101) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


TCC Group Holdings Co Cyclically Adjusted PB Ratio Related Terms


TCC Group Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TCC Group Holdings Co's Cyclically Adjusted PB Ratio 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.

TCC Group Holdings Co Cyclically Adjusted PB Ratio Chart

TCC Group Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.12 1.11 0.98 0.69

TCC Group Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.97 0.77 0.72 0.69 0.67

TPE:1101 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, TCC Group Holdings 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.


TCC Group Holdings Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, TCC Group Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TCC Group Holdings Co's Cyclically Adjusted PB Ratio falls into.


TPE:1101
78GF Score
TCC Group Holdings Co Ltd TPE:1101
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCC Group Holdings Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

TCC Group Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.55/34.10
=0.69

* 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.

TCC Group Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, TCC Group Holdings Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=31.956/330.2130*330.2130
=31.956

Current CPI (Mar. 2026) = 330.2130.

TCC Group Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.387 241.018 27.932
201609 20.953 241.428 28.658
201612 21.271 241.432 29.093
201703 21.468 243.801 29.077
201706 21.152 244.955 28.514
201709 22.357 246.819 29.911
201712 23.618 246.524 31.636
201803 25.939 249.554 34.323
201806 26.239 251.989 34.384
201809 26.979 252.439 35.291
201812 28.440 251.233 37.381
201903 29.287 254.202 38.044
201906 28.873 256.143 37.222
201909 28.825 256.759 37.071
201912 30.410 256.974 39.077
202003 30.491 258.115 39.008
202006 28.742 257.797 36.816
202009 30.370 260.280 38.530
202012 32.062 260.474 40.646
202103 32.248 264.877 40.202
202106 32.850 271.696 39.925
202109 29.695 274.310 35.747
202112 30.098 278.802 35.648
202203 31.632 287.504 36.331
202206 29.771 296.311 33.177
202209 29.621 296.808 32.955
202212 30.186 296.797 33.585
202303 30.576 301.836 33.451
202306 29.748 305.109 32.196
202309 30.885 307.789 33.135
202312 30.398 306.746 32.724
202403 31.459 312.332 33.260
202406 31.517 314.175 33.126
202409 32.519 315.301 34.057
202412 32.677 315.605 34.189
202503 33.631 319.799 34.726
202506 28.996 322.561 29.684
202509 29.556 324.800 30.049
202512 30.683 324.054 31.266
202603 31.956 330.213 31.956

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 0.69 mean?
TCC Group Holdings Co (TPE:1101) has a Cyclically Adjusted PB Ratio of 0.69 as of Aug. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on TCC Group Holdings Co and its competitors. This is 45% below median its historical median of 1.25. Over the past decade, TCC Group Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.61 to 1.86. According to the industry distribution chart, TCC Group Holdings Co ranks #114 out of 314 companies in the Building Materials industry, placing it in the top 36.3%.
Is TCC Group Holdings Co's Cyclically Adjusted PB Ratio too high?
TCC Group Holdings Co's current Cyclically Adjusted PB Ratio of 0.69 is 45% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.86. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. TCC Group Holdings Co's value of 0.69 is 28.9% below this industry median. Based on the distribution chart, TCC Group Holdings Co ranks #114 out of 314 companies in the Building Materials industry, which is above the industry midpoint. Overall, TCC Group Holdings Co has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCC Group Holdings Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, TCC Group Holdings Co ranks #114 out of 314 companies for Cyclically Adjusted PB Ratio. This puts TCC Group Holdings Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. TCC Group Holdings Co's value of 0.69 is 28.9% below this benchmark. Historically, TCC Group Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 1.86 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.97, TCC Group Holdings Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 314 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TCC Group Holdings Co's current Cyclically Adjusted PB Ratio of 0.69 is 28.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on TCC Group Holdings Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCC Group Holdings Co's current Cyclically Adjusted PB Ratio is 0.69, which is 45% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCC Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, TCC Group Holdings Co (TPE:1101) is currently considered Possible Value Trap. The stock's GF Value™ is NT$41.22, compared to a current price of NT$23.55 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 45% below median its 10-year median of 1.25 and 28.9% below the Building Materials industry median of 0.97. TCC Group Holdings Co's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For TCC Group Holdings Co (TPE:1101), the current Cyclically Adjusted PB Ratio is 0.69 as of Aug. 04, 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 TCC Group Holdings Co (TPE:1101) Overvalued in 2026?

Based on GuruFocus' analysis, TCC Group Holdings Co stock appears to be undervalued. The current stock price of NT$23.55 is trading 42.9% below its estimated GF Value™ of NT$41.22. GuruFocus considers TCC Group Holdings Co to be Possible Value Trap.

Key valuation signals for TPE:1101:

  • Cyclically Adjusted PB Ratio: 0.69 (45% below median its 10-year median of 1.25)
  • GF Value™: NT$41.22 vs. price of NT$23.55 (42.9% below fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 28.9% below the Building Materials median (#114 of 314)

No single metric tells the full story. See the TPE:1101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TCC Group Holdings Co Business Description

Other Exchanges 1101B.PFD:Taiwan
Address No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104
TCC Group Holdings Co Ltd engages in the manufacturing and marketing of cement, cement-related products and ready-mixed concrete. The majority of revenue comes from Taiwan and the rest from Asia and Europe.
78GF Score

Get the complete analysis for TPE:1101

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

NT$23.55
Price
NT$41.22
GF Value