Tah hsin Industrial (TPE:1315) Cyclically Adjusted PB Ratio: 0.54 (As of Aug. 08, 2026) — 18% Below Median

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TPE:1315 Tah hsin Industrial Corp TPE:1315
77 GF Score
Price NT$63.90
GF Value NT$63.15
Valuation Fairly Valued
! 5 Warning Signs
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What is Tah hsin Industrial Cyclically Adjusted PB Ratio?

Tah hsin Industrial TPE:1315 77 Cyclically Adjusted PB Ratio is 0.54 as of Aug. 08, 2026, which is 18% below its 10-year median of 0.66. GuruFocus rates TPE:1315 with a GF Score™ of 77/100 and a GF Value™ of NT$63.15 (Fairly Valued). The stock has 5 warning signs investors should review. Among 847 Manufacturing - Apparel & Accessories companies, Tah hsin Industrial ranks better than 70.6% on this metric.

As of today (2026-08-08), Tah hsin Industrial's current share price is NT$63.90. Tah hsin Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$119.16. Tah hsin Industrial's Cyclically Adjusted PB Ratio for today is 0.54.

The historical rank and industry rank for Tah hsin Industrial's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1315' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.66   Max: 1.45
Current: 0.54

During the past years, Tah hsin Industrial's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.51. And the median was 0.66.

TPE:1315's Cyclically Adjusted PB Ratio is ranked better than
70.6% of 847 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs TPE:1315: 0.54

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.

Tah hsin Industrial's adjusted book value per share data for the three months ended in Mar. 2026 was NT$107.682. 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$119.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tah hsin Industrial  (TPE:1315) 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.


Tah hsin Industrial Cyclically Adjusted PB Ratio Related Terms


Tah hsin Industrial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tah hsin Industrial'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.

Tah hsin Industrial Cyclically Adjusted PB Ratio Chart

Tah hsin Industrial 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 0.90 0.67 0.66 0.61 0.55

Tah hsin Industrial 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 0.60 0.57 0.56 0.55 0.53

TPE:1315 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Tah hsin Industrial'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.


Tah hsin Industrial Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tah hsin Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tah hsin Industrial's Cyclically Adjusted PB Ratio falls into.


TPE:1315
77GF Score
Tah hsin Industrial Corp TPE:1315
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tah hsin Industrial 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.

Tah hsin Industrial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.90/119.16
=0.54

* 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.

Tah hsin Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tah hsin Industrial'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)
=107.682/330.2130*330.2130
=107.682

Current CPI (Mar. 2026) = 330.2130.

Tah hsin Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201606 68.119 241.018 93.328
201609 70.198 241.428 96.013
201612 73.388 241.432 100.375
201703 76.101 243.801 103.074
201706 72.392 244.955 97.588
201709 76.612 246.819 102.497
201712 76.543 246.524 102.528
201803 83.881 249.554 110.992
201806 83.990 251.989 110.063
201809 84.941 252.439 111.110
201812 80.726 251.233 106.104
201903 82.732 254.202 107.470
201906 85.429 256.143 110.133
201909 84.462 256.759 108.625
201912 87.633 256.974 112.609
202003 80.876 258.115 103.467
202006 133.332 257.797 170.785
202009 126.544 260.280 160.544
202012 127.494 260.474 161.629
202103 125.641 264.877 156.632
202106 124.742 271.696 151.609
202109 169.631 274.310 204.201
202112 120.851 278.802 143.136
202203 121.893 287.504 140.000
202206 114.172 296.311 127.235
202209 108.588 296.808 120.809
202212 111.062 296.797 123.566
202303 112.655 301.836 123.246
202306 114.438 305.109 123.854
202309 110.055 307.789 118.073
202312 110.905 306.746 119.390
202403 106.804 312.332 112.919
202406 107.048 314.175 112.513
202409 103.229 315.301 108.111
202412 98.205 315.605 102.750
202503 95.143 319.799 98.241
202506 93.193 322.561 95.404
202509 98.373 324.800 100.012
202512 106.006 324.054 108.021
202603 107.682 330.213 107.682

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 0.54 mean?
Tah hsin Industrial (TPE:1315) has a Cyclically Adjusted PB Ratio of 0.54 as of Aug. 08, 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 Tah hsin Industrial and its competitors. This is 18% below median its historical median of 0.66. Over the past decade, Tah hsin Industrial's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.45. According to the industry distribution chart, Tah hsin Industrial ranks #249 out of 847 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.4%.
Is Tah hsin Industrial's Cyclically Adjusted PB Ratio too high?
Tah hsin Industrial's current Cyclically Adjusted PB Ratio of 0.54 is 18% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.45. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Tah hsin Industrial's value of 0.54 is 43.2% below this industry median. Based on the distribution chart, Tah hsin Industrial ranks #249 out of 847 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Tah hsin Industrial has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tah hsin Industrial's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tah hsin Industrial ranks #249 out of 847 companies for Cyclically Adjusted PB Ratio. This puts Tah hsin Industrial in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Tah hsin Industrial's value of 0.54 is 43.2% below this benchmark. Historically, Tah hsin Industrial's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.45 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.95, Tah hsin Industrial 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 847 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. Tah hsin Industrial's current Cyclically Adjusted PB Ratio of 0.54 is 43.2% 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 Tah hsin Industrial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tah hsin Industrial's current Cyclically Adjusted PB Ratio is 0.54, which is 18% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tah hsin Industrial stock overvalued right now?
Based on GuruFocus' analysis, Tah hsin Industrial (TPE:1315) is currently considered Fairly Valued. The stock's GF Value™ is NT$63.15, compared to a current price of NT$63.90 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 18% below median its 10-year median of 0.66 and 43.2% below the Manufacturing - Apparel & Accessories industry median of 0.95. Tah hsin Industrial's overall GF Score™ is 77/100 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 Tah hsin Industrial (TPE:1315), the current Cyclically Adjusted PB Ratio is 0.54 as of Aug. 08, 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 Tah hsin Industrial (TPE:1315) Overvalued in 2026?

Based on GuruFocus' analysis, Tah hsin Industrial stock appears to be overvalued. The current stock price of NT$63.90 is trading 1.2% above its estimated GF Value™ of NT$63.15. GuruFocus considers Tah hsin Industrial to be Fairly Valued.

Key valuation signals for TPE:1315:

  • Cyclically Adjusted PB Ratio: 0.54 (18% below median its 10-year median of 0.66)
  • GF Value™: NT$63.15 vs. price of NT$63.90 (1.2% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 43.2% below the Manufacturing - Apparel & Accessories median (#249 of 847)

No single metric tells the full story. See the TPE:1315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tah hsin Industrial Business Description

Address No. 51, 35th Road, Taichung Industrial Park, Xitun District, Taichung, TWN
Tah hsin Industrial Corp is engaged in the manufacturing and trading of a variety of plastic raincoats, nylon raincoats, overalls, wardrobes, nylon jackets, PP corrugated boards, TC ready-to-wear garments, leather goods, handbags, file folders, plastic film, carrier bags, laminating machines, and others. Its segments includes Raincoat, Garment, Binding machine, PP corrugated board, and Others.
77GF Score

Get the complete analysis for TPE:1315

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

NT$63.90
Price
NT$63.15
GF Value