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Hsing Ta Cement CoTPE:1109 -0.73%69 Cyclically Adjusted PB Ratio is 0.56 as of Aug. 05, 2026, which is 32% below its 10-year median of 0.82. GuruFocus rates TPE:1109 with a GF Score™ of 69/100 and a GF Value™ of NT$13.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 313 Building Materials companies, Hsing Ta Cement Co ranks better than 70.29% on this metric.
The historical rank and industry rank for Hsing Ta Cement Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TPE:1109'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.82 Max: 1.55
Current: 0.57
During the past years, Hsing Ta Cement Co's highest Cyclically Adjusted PB Ratio was 1.55. The lowest was 0.57. And the median was 0.82.
TPE:1109's Cyclically Adjusted PB Ratio is ranked better than 70.29% of 313
companies
in the Building Materials industry
Industry Median: 0.96
vs TPE:1109: 0.57
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.
Hsing Ta Cement Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$20.387. 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$24.34 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Hsing Ta Cement Co (TPE:1109) 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.
Hsing Ta Cement Co Cyclically Adjusted PB Ratio Related Terms
Hsing Ta Cement Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Hsing Ta Cement 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.
Hsing Ta Cement Co Cyclically Adjusted PB Ratio Chart
TPE:1109 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison
For the Building Materials subindustry, Hsing Ta Cement 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.
Hsing Ta Cement Co Cyclically Adjusted PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Hsing Ta Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Hsing Ta Cement Co's Cyclically Adjusted PB Ratio falls into.
Hsing Ta Cement 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.
Hsing Ta Cement Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.56 mean?
Hsing Ta Cement Co (TPE:1109) has a Cyclically Adjusted PB Ratio of 0.56 as of Aug. 05, 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 Hsing Ta Cement Co and its competitors. This is 32% below median its historical median of 0.82. Over the past decade, Hsing Ta Cement Co's Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.55. According to the industry distribution chart, Hsing Ta Cement Co ranks #93 out of 313 companies in the Building Materials industry, placing it in the top 29.7%.
Is Hsing Ta Cement Co's Cyclically Adjusted PB Ratio too high?
Hsing Ta Cement Co's current Cyclically Adjusted PB Ratio of 0.56 is 32% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.55. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.96. Hsing Ta Cement Co's value of 0.56 is 41.7% below this industry median. Based on the distribution chart, Hsing Ta Cement Co ranks #93 out of 313 companies in the Building Materials industry, which is above the industry midpoint. Overall, Hsing Ta Cement Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsing Ta Cement Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hsing Ta Cement Co ranks #93 out of 313 companies for Cyclically Adjusted PB Ratio. This puts Hsing Ta Cement Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Hsing Ta Cement Co's value of 0.56 is 41.7% below this benchmark. Historically, Hsing Ta Cement Co's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.55 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.96, Hsing Ta Cement 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 0.96, based on 313 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. Hsing Ta Cement Co's current Cyclically Adjusted PB Ratio of 0.56 is 41.7% 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 Hsing Ta Cement Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsing Ta Cement Co's current Cyclically Adjusted PB Ratio is 0.56, which is 32% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsing Ta Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Hsing Ta Cement Co (TPE:1109) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.24, compared to a current price of NT$13.60 — trading 2.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 32% below median its 10-year median of 0.82 and 41.7% below the Building Materials industry median of 0.96. Hsing Ta Cement Co's overall GF Score™ is 69/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Hsing Ta Cement Co (TPE:1109), the current Cyclically Adjusted PB Ratio is 0.56 as of Aug. 05, 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 Hsing Ta Cement Co (TPE:1109) Overvalued in 2026?
Based on GuruFocus' analysis, Hsing Ta Cement Co stock appears to be overvalued.
The current stock price of NT$13.60 is trading 2.7% above its estimated GF Value™ of NT$13.24.
GuruFocus considers Hsing Ta Cement Co to be Fairly Valued.
Key valuation signals for TPE:1109:
Cyclically Adjusted PB Ratio: 0.56 (32% below median its 10-year median of 0.82)
GF Value™: NT$13.24 vs. price of NT$13.60 (2.7% above fair value)
Industry Position: 41.7% below the Building Materials median (#93 of 313)
No single metric tells the full story. See the TPE:1109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsing Ta Cement Co Ltd is engaged in quarrying, processing, warehousing, and distribution of minerals, manufacturing, processing, warehousing, and distribution of limestone chemicals, cement products and limestone related industry, treatment of general waste, sales and leasing of real estate, consultancy of building management, etc. It offers products such as Bootland Cement Type I Cement, Botland Type I Low Alkali Cement, Jinghao dry-mixed cement sand type III, and Others. The Company mainly operates businesses in Taiwan and China. It generates the majority of its revenue from China.
69GF Score
Get the complete analysis for TPE:1109
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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