Globe Industries (TPE:1324) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1324 Globe Industries Corp TPE:1324
66 GF Score
Price NT$10.05
GF Value NT$9.89
Valuation Fairly Valued
! 3 Warning Signs
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What is Globe Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Industries  (TPE:1324) 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.


Globe Industries Cyclically Adjusted PB Ratio Related Terms


Globe Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Globe Industries'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.

Globe Industries Cyclically Adjusted PB Ratio Chart

Globe Industries 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 0.78 0.70 1.13 0.82 0.67

Globe Industries 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 0.77 0.69 0.70 0.67 0.77

Globe Industries Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Globe Industries'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.


Globe Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Globe Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Globe Industries's Cyclically Adjusted PB Ratio falls into.


TPE:1324
66GF Score
Globe Industries Corp TPE:1324
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Globe Industries 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.

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

For example, Globe Industries'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)
=11.886/330.2130*330.2130
=11.886

Current CPI (Mar. 2026) = 330.2130.

Globe Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.167 241.018 18.040
201609 13.201 241.428 18.056
201612 13.321 241.432 18.219
201703 14.167 243.801 19.188
201706 13.638 244.955 18.385
201709 13.667 246.819 18.285
201712 13.651 246.524 18.285
201803 13.660 249.554 18.075
201806 13.399 251.989 17.558
201809 13.287 252.439 17.381
201812 13.343 251.233 17.538
201903 13.390 254.202 17.394
201906 13.090 256.143 16.875
201909 12.909 256.759 16.602
201912 12.958 256.974 16.651
202003 13.028 258.115 16.667
202006 12.665 257.797 16.223
202009 12.785 260.280 16.220
202012 12.943 260.474 16.408
202103 12.875 264.877 16.051
202106 12.846 271.696 15.613
202109 12.497 274.310 15.044
202112 12.633 278.802 14.963
202203 12.720 287.504 14.610
202206 12.452 296.311 13.877
202209 12.462 296.808 13.865
202212 12.694 296.797 14.123
202303 12.598 301.836 13.782
202306 12.619 305.109 13.657
202309 12.946 307.789 13.889
202312 12.927 306.746 13.916
202403 12.783 312.332 13.515
202406 12.821 314.175 13.475
202409 12.842 315.301 13.449
202412 12.876 315.605 13.472
202503 12.657 319.799 13.069
202506 11.931 322.561 12.214
202509 11.902 324.800 12.100
202512 11.881 324.054 12.107
202603 11.886 330.213 11.886

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.

Is Globe Industries (TPE:1324) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Industries stock appears to be overvalued. The current stock price of NT$10.05 is trading 1.6% above its estimated GF Value™ of NT$9.89. GuruFocus considers Globe Industries to be Fairly Valued.

Key valuation signals for TPE:1324:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$9.89 vs. price of NT$10.05 (1.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the TPE:1324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Industries Business Description

Address Nanjing East Road, 7th Floor, No. 61, Section 3, Zhongshan District, Taipei, TWN, 104507
Globe Industries Corp is a manufacturer of different tapes. The products offered by the company include PVC electrical insulating tape, protective tape, masking tape, foil tape, and packaging tape, among others. Geographically, the company generates a majority of its revenue from its business in Taiwan and the rest from Africa, the Middle East, East Asia, and other regions.
66GF Score

Get the complete analysis for TPE:1324

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

NT$10.05
Price
NT$9.89
GF Value