China General Plastics (TPE:1305) Cyclically Adjusted PB Ratio: 0.61 (As of Aug. 04, 2026) — 59% Below Median

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TPE:1305 China General Plastics Corp TPE:1305
56 GF Score
Price NT$11.00
GF Value NT$13.79
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China General Plastics Cyclically Adjusted PB Ratio?

China General Plastics TPE:1305 -0.90% 56 Cyclically Adjusted PB Ratio is 0.61 as of Aug. 04, 2026, which is 59% below its 10-year median of 1.48. GuruFocus rates TPE:1305 with a GF Score™ of 56/100 and a GF Value™ of NT$13.79 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,248 Chemicals companies, China General Plastics ranks better than 84.46% on this metric.

As of today (2026-08-04), China General Plastics's current share price is NT$11.00. China General Plastics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$17.94. China General Plastics's Cyclically Adjusted PB Ratio for today is 0.61.

The historical rank and industry rank for China General Plastics's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1305' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.48   Max: 3.23
Current: 0.6

During the past years, China General Plastics's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 0.55. And the median was 1.48.

TPE:1305's Cyclically Adjusted PB Ratio is ranked better than
84.46% of 1248 companies
in the Chemicals industry
Industry Median: 1.62 vs TPE:1305: 0.60

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.

China General Plastics's adjusted book value per share data for the three months ended in Mar. 2026 was NT$13.148. 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$17.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China General Plastics  (TPE:1305) 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.


China General Plastics Cyclically Adjusted PB Ratio Related Terms


China General Plastics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China General Plastics'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.

China General Plastics Cyclically Adjusted PB Ratio Chart

China General Plastics 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 2.44 1.68 1.35 0.69 0.62

China General Plastics 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 0.68 0.56 0.64 0.62 0.97

TPE:1305 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, China General Plastics'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.


China General Plastics Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, China General Plastics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China General Plastics's Cyclically Adjusted PB Ratio falls into.


TPE:1305
56GF Score
China General Plastics Corp TPE:1305
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China General Plastics 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.

China General Plastics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.00/17.94
=0.61

* 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.

China General Plastics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, China General Plastics'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)
=13.148/330.2130*330.2130
=13.148

Current CPI (Mar. 2026) = 330.2130.

China General Plastics Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.304 241.018 15.487
201609 11.783 241.428 16.116
201612 12.693 241.432 17.361
201703 13.291 243.801 18.002
201706 12.334 244.955 16.627
201709 12.820 246.819 17.152
201712 13.435 246.524 17.996
201803 14.385 249.554 19.034
201806 13.804 251.989 18.089
201809 14.229 252.439 18.613
201812 14.413 251.233 18.944
201903 14.730 254.202 19.135
201906 13.531 256.143 17.444
201909 13.798 256.759 17.745
201912 14.200 256.974 18.247
202003 14.730 258.115 18.844
202006 14.214 257.797 18.207
202009 14.900 260.280 18.903
202012 16.700 260.474 21.171
202103 18.182 264.877 22.667
202106 17.420 271.696 21.172
202109 18.270 274.310 21.993
202112 19.212 278.802 22.755
202203 20.003 287.504 22.974
202206 17.297 296.311 19.276
202209 16.160 296.808 17.979
202212 16.258 296.797 18.088
202303 16.657 301.836 18.223
202306 16.338 305.109 17.682
202309 16.619 307.789 17.830
202312 16.490 306.746 17.752
202403 16.445 312.332 17.386
202406 16.260 314.175 17.090
202409 15.551 315.301 16.286
202412 15.041 315.605 15.737
202503 14.588 319.799 15.063
202506 13.627 322.561 13.950
202509 13.489 324.800 13.714
202512 13.296 324.054 13.549
202603 13.148 330.213 13.148

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 0.61 mean?
China General Plastics (TPE:1305) has a Cyclically Adjusted PB Ratio of 0.61 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 China General Plastics and its competitors. This is 59% below median its historical median of 1.48. Over the past decade, China General Plastics' Cyclically Adjusted PB Ratio has ranged from 0.55 to 3.23. According to the industry distribution chart, China General Plastics ranks #194 out of 1248 companies in the Chemicals industry, placing it in the top 15.5%.
Is China General Plastics' Cyclically Adjusted PB Ratio too high?
China General Plastics' current Cyclically Adjusted PB Ratio of 0.61 is 59% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 3.23. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.62. China General Plastics' value of 0.61 is 62.3% below this industry median. Based on the distribution chart, China General Plastics ranks #194 out of 1248 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, China General Plastics has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China General Plastics' Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, China General Plastics ranks #194 out of 1248 companies for Cyclically Adjusted PB Ratio. This places China General Plastics in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.62. China General Plastics' value of 0.61 is 62.3% below this benchmark. Historically, China General Plastics' own Cyclically Adjusted PB Ratio has ranged from 0.55 to 3.23 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.62, China General Plastics 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.62, based on 1,248 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. China General Plastics's current Cyclically Adjusted PB Ratio of 0.61 is 62.3% 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 China General Plastics and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China General Plastics's current Cyclically Adjusted PB Ratio is 0.61, which is 59% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China General Plastics stock overvalued right now?
Based on GuruFocus' analysis, China General Plastics (TPE:1305) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$13.79, compared to a current price of NT$11.00 — trading 20.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is 59% below median its 10-year median of 1.48 and 62.3% below the Chemicals industry median of 1.62. China General Plastics' overall GF Score™ is 56/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For China General Plastics (TPE:1305), the current Cyclically Adjusted PB Ratio is 0.61 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 China General Plastics (TPE:1305) Overvalued in 2026?

Based on GuruFocus' analysis, China General Plastics stock appears to be undervalued. The current stock price of NT$11.00 is trading 20.2% below its estimated GF Value™ of NT$13.79. GuruFocus considers China General Plastics to be Modestly Undervalued.

Key valuation signals for TPE:1305:

  • Cyclically Adjusted PB Ratio: 0.61 (59% below median its 10-year median of 1.48)
  • GF Value™: NT$13.79 vs. price of NT$11.00 (20.2% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 62.3% below the Chemicals median (#194 of 1248)

No single metric tells the full story. See the TPE:1305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China General Plastics Business Description

Address No. 37, Jihu Road, 12th Floor, Nei Hu District, Taipei, TWN, 11492
China General Plastics Corp engages in the production and sale of PVC films, PVC leather, PVC pipes, PVC compounds, PVC resins, construction products, chlor-alkali products and other related products. Its products include Alkali and chlorine products, PVC plastic powder, Plastic pipe products, Plastic pipe fittings, Waterproof membrane, Anti-corrosion film, Partition panels/door panels, Soft plastic sheet, rigid plastic sheet, PVC printed fabric, PVC laminated fabric, Plastic leather/latex leather, Coral fleece, Shumeirong, Car leather, and Anti-fouling leather. Its segments include VCM products and PVC products of which PVC products derive the majority of revenue.
56GF Score

Get the complete analysis for TPE:1305

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

NT$11.00
Price
NT$13.79
GF Value