Globe Industries (TPE:1324) Cyclically Adjusted PB Ratio: 0.65 (As of Aug. 24, 2026) — 10% Below Median

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TPE:1324 Globe Industries Corp TPE:1324
63 GF Score
Price NT$10.05
GF Value NT$9.46
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Globe Industries Cyclically Adjusted PB Ratio?

Globe Industries TPE:1324 63 Cyclically Adjusted PB Ratio is 0.65 as of Aug. 24, 2026, which is 10% below its 10-year median of 0.72. GuruFocus rates TPE:1324 with a GF Score™ of 63/100 and a GF Value™ of NT$9.46 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,133 Industrial Products companies, Globe Industries ranks better than 84.44% on this metric.

As of today (2026-08-24), Globe Industries's current share price is NT$10.05. Globe Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$15.54. Globe Industries's Cyclically Adjusted PB Ratio for today is 0.65.

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

TPE:1324' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.72   Max: 1.31
Current: 0.65

During the past years, Globe Industries's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.54. And the median was 0.72.

TPE:1324's Cyclically Adjusted PB Ratio is ranked better than
84.44% of 2133 companies
in the Industrial Products industry
Industry Median: 2.09 vs TPE:1324: 0.65

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.

Globe Industries's adjusted book value per share data for the three months ended in Jun. 2026 was NT$11.932. 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$15.54 for the trailing ten years ended in Jun. 2026.

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
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 0.69 0.70 0.67 0.77 0.67

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
63GF Score
Globe Industries Corp TPE:1324
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.05/15.54
=0.65

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

For example, Globe Industries'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)
=11.932/333.9520*333.9520
=11.932

Current CPI (Jun. 2026) = 333.9520.

Globe Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.201 241.428 18.260
201612 13.321 241.432 18.426
201703 14.167 243.801 19.406
201706 13.638 244.955 18.593
201709 13.667 246.819 18.492
201712 13.651 246.524 18.492
201803 13.660 249.554 18.280
201806 13.399 251.989 17.757
201809 13.287 252.439 17.577
201812 13.343 251.233 17.736
201903 13.390 254.202 17.591
201906 13.090 256.143 17.066
201909 12.909 256.759 16.790
201912 12.958 256.974 16.840
202003 13.028 258.115 16.856
202006 12.665 257.797 16.406
202009 12.785 260.280 16.404
202012 12.943 260.474 16.594
202103 12.875 264.877 16.233
202106 12.846 271.696 15.790
202109 12.497 274.310 15.214
202112 12.633 278.802 15.132
202203 12.720 287.504 14.775
202206 12.452 296.311 14.034
202209 12.462 296.808 14.022
202212 12.694 296.797 14.283
202303 12.598 301.836 13.938
202306 12.619 305.109 13.812
202309 12.946 307.789 14.046
202312 12.927 306.746 14.074
202403 12.783 312.332 13.668
202406 12.821 314.175 13.628
202409 12.842 315.301 13.602
202412 12.876 315.605 13.625
202503 12.657 319.799 13.217
202506 11.931 322.561 12.352
202509 11.902 324.800 12.237
202512 11.881 324.054 12.244
202603 11.875 330.213 12.009
202606 11.932 333.952 11.932

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 0.65 mean?
Globe Industries (TPE:1324) has a Cyclically Adjusted PB Ratio of 0.65 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 Globe Industries and its competitors. This is 10% below median its historical median of 0.72. Over the past decade, Globe Industries' Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.31. According to the industry distribution chart, Globe Industries ranks #332 out of 2133 companies in the Industrial Products industry, placing it in the top 15.6%.
Is Globe Industries' Cyclically Adjusted PB Ratio too high?
Globe Industries' current Cyclically Adjusted PB Ratio of 0.65 is 10% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.31. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.09. Globe Industries' value of 0.65 is 68.9% below this industry median. Based on the distribution chart, Globe Industries ranks #332 out of 2133 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Industries has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Industries' Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Globe Industries ranks #332 out of 2133 companies for Cyclically Adjusted PB Ratio. This places Globe Industries in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. Globe Industries' value of 0.65 is 68.9% below this benchmark. Historically, Globe Industries' own Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.31 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 2.09, Globe Industries 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.09, based on 2,133 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. Globe Industries's current Cyclically Adjusted PB Ratio of 0.65 is 68.9% 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 Globe Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Industries's current Cyclically Adjusted PB Ratio is 0.65, which is 10% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Industries stock overvalued right now?
Based on GuruFocus' analysis, Globe Industries (TPE:1324) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.46, compared to a current price of NT$10.05 — trading 6.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is 10% below median its 10-year median of 0.72 and 68.9% below the Industrial Products industry median of 2.09. Globe Industries' overall GF Score™ is 63/100 with 3 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 Globe Industries (TPE:1324), the current Cyclically Adjusted PB Ratio is 0.65 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 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 6.2% above its estimated GF Value™ of NT$9.46. GuruFocus considers Globe Industries to be Fairly Valued.

Key valuation signals for TPE:1324:

  • Cyclically Adjusted PB Ratio: 0.65 (10% below median its 10-year median of 0.72)
  • GF Value™: NT$9.46 vs. price of NT$10.05 (6.2% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 68.9% below the Industrial Products median (#332 of 2133)

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.
63GF 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$9.46
GF Value