Taiwan Styrene Monomer (TPE:1310) Cyclically Adjusted PB Ratio: 0.51 (As of Aug. 24, 2026) — 52% Below Median

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TPE:1310 Taiwan Styrene Monomer Corp TPE:1310
68 GF Score
Price NT$8.21
GF Value NT$8.81
Valuation Fairly Valued
! 2 Warning Signs
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What is Taiwan Styrene Monomer Cyclically Adjusted PB Ratio?

Taiwan Styrene Monomer TPE:1310 +1.36% 68 Cyclically Adjusted PB Ratio is 0.51 as of Aug. 24, 2026, which is 52% below its 10-year median of 1.06. GuruFocus rates TPE:1310 with a GF Score™ of 68/100 and a GF Value™ of NT$8.81 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,141 Chemicals companies, Taiwan Styrene Monomer ranks better than 88.69% on this metric.

As of today (2026-08-24), Taiwan Styrene Monomer's current share price is NT$8.21. Taiwan Styrene Monomer's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$16.06. Taiwan Styrene Monomer's Cyclically Adjusted PB Ratio for today is 0.51.

The historical rank and industry rank for Taiwan Styrene Monomer's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1310' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.06   Max: 2.04
Current: 0.51

During the past years, Taiwan Styrene Monomer's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 0.46. And the median was 1.06.

TPE:1310's Cyclically Adjusted PB Ratio is ranked better than
88.69% of 1141 companies
in the Chemicals industry
Industry Median: 1.67 vs TPE:1310: 0.51

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.

Taiwan Styrene Monomer's adjusted book value per share data for the three months ended in Jun. 2026 was NT$11.879. 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$16.06 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Styrene Monomer  (TPE:1310) 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.


Taiwan Styrene Monomer Cyclically Adjusted PB Ratio Related Terms


Taiwan Styrene Monomer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer Cyclically Adjusted PB Ratio Chart

Taiwan Styrene Monomer 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 1.27 0.92 1.03 0.61 0.56

Taiwan Styrene Monomer Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.48 0.55 0.56 0.69 0.66

TPE:1310 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Taiwan Styrene Monomer'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.


Taiwan Styrene Monomer Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Styrene Monomer's Cyclically Adjusted PB Ratio falls into.


TPE:1310
68GF Score
Taiwan Styrene Monomer Corp TPE:1310
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Styrene Monomer 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.

Taiwan Styrene Monomer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.21/16.06
=0.51

* 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.

Taiwan Styrene Monomer's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Taiwan Styrene Monomer'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)
=11.879/333.9520*333.9520
=11.879

Current CPI (Jun. 2026) = 333.9520.

Taiwan Styrene Monomer Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.504 241.428 17.296
201612 13.608 241.432 18.823
201703 14.947 243.801 20.474
201706 12.824 244.955 17.483
201709 13.460 246.819 18.212
201712 13.806 246.524 18.702
201803 14.440 249.554 19.324
201806 13.486 251.989 17.873
201809 14.272 252.439 18.880
201812 14.139 251.233 18.794
201903 14.563 254.202 19.132
201906 13.160 256.143 17.158
201909 13.520 256.759 17.585
201912 13.303 256.974 17.288
202003 12.386 258.115 16.025
202006 11.845 257.797 15.344
202009 11.855 260.280 15.211
202012 13.769 260.474 17.653
202103 14.415 264.877 18.174
202106 14.949 271.696 18.374
202109 14.212 274.310 17.302
202112 13.566 278.802 16.249
202203 13.741 287.504 15.961
202206 13.131 296.311 14.799
202209 12.727 296.808 14.320
202212 12.260 296.797 13.795
202303 12.426 301.836 13.748
202306 11.789 305.109 12.903
202309 12.043 307.789 13.067
202312 13.123 306.746 14.287
202403 13.196 312.332 14.109
202406 13.353 314.175 14.194
202409 13.297 315.301 14.084
202412 14.003 315.605 14.817
202503 13.548 319.799 14.148
202506 12.907 322.561 13.363
202509 12.841 324.800 13.203
202512 14.020 324.054 14.448
202603 13.907 330.213 14.064
202606 11.879 333.952 11.879

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 0.51 mean?
Taiwan Styrene Monomer (TPE:1310) has a Cyclically Adjusted PB Ratio of 0.51 as of Aug. 24, 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 Taiwan Styrene Monomer and its competitors. This is 52% below median its historical median of 1.06. Over the past decade, Taiwan Styrene Monomer's Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.04. According to the industry distribution chart, Taiwan Styrene Monomer ranks #129 out of 1141 companies in the Chemicals industry, placing it in the top 11.3%.
Is Taiwan Styrene Monomer's Cyclically Adjusted PB Ratio too high?
Taiwan Styrene Monomer's current Cyclically Adjusted PB Ratio of 0.51 is 52% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.04. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Taiwan Styrene Monomer's value of 0.51 is 69.5% below this industry median. Based on the distribution chart, Taiwan Styrene Monomer ranks #129 out of 1141 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Styrene Monomer has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Styrene Monomer's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Taiwan Styrene Monomer ranks #129 out of 1141 companies for Cyclically Adjusted PB Ratio. This places Taiwan Styrene Monomer in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.67. Taiwan Styrene Monomer's value of 0.51 is 69.5% below this benchmark. Historically, Taiwan Styrene Monomer's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.04 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.67, Taiwan Styrene Monomer 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 1.67, based on 1,141 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. Taiwan Styrene Monomer's current Cyclically Adjusted PB Ratio of 0.51 is 69.5% 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 Taiwan Styrene Monomer and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Styrene Monomer's current Cyclically Adjusted PB Ratio is 0.51, which is 52% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Styrene Monomer stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Styrene Monomer (TPE:1310) is currently considered Fairly Valued. The stock's GF Value™ is NT$8.81, compared to a current price of NT$8.21 — trading 6.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is 52% below median its 10-year median of 1.06 and 69.5% below the Chemicals industry median of 1.67. Taiwan Styrene Monomer's overall GF Score™ is 68/100 with 2 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 Taiwan Styrene Monomer (TPE:1310), the current Cyclically Adjusted PB Ratio is 0.51 as of Aug. 24, 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 Taiwan Styrene Monomer (TPE:1310) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Styrene Monomer stock appears to be undervalued. The current stock price of NT$8.21 is trading 6.8% below its estimated GF Value™ of NT$8.81. GuruFocus considers Taiwan Styrene Monomer to be Fairly Valued.

Key valuation signals for TPE:1310:

  • Cyclically Adjusted PB Ratio: 0.51 (52% below median its 10-year median of 1.06)
  • GF Value™: NT$8.81 vs. price of NT$8.21 (6.8% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 69.5% below the Chemicals median (#129 of 1141)

No single metric tells the full story. See the TPE:1310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Styrene Monomer Business Description

Address No.6 Roosevelt Road, 8th Floor-1, Section-1, Taipei, TWN
Taiwan Styrene Monomer Corp manufactures and sells styrene monomer. The company's products include Styrene Monomer, Para-diethyl benzene, Toluene, and Ethyl benzene. Its main clients are the manufacturers of Polystyrene, ABS resins, and Synthetic rubber, of which the products are widely applied in industries of: electric appliances, machines, electronics, automobiles, and packaging etc. Its segments consist of the Plasticization segment, which engages in manufacturing and domestic/international sales of styrene monomer, chemical and plastic materials; the Investment segment, which engages in investment business; and the Other segment. The majority of the revenue is derived from the Plasticization segment from Asia. Geographically, it operates in Asia, America, and Europe.
68GF Score

Get the complete analysis for TPE:1310

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

NT$8.21
Price
NT$8.81
GF Value