Cathay Consolidated (TPE:1342) Cyclically Adjusted PB Ratio: 4.30 (As of Aug. 09, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:1342 Cathay Consolidated Inc TPE:1342
95 GF Score
Price NT$104.00
GF Value NT$116.33
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Cathay Consolidated Cyclically Adjusted PB Ratio?

Cathay Consolidated TPE:1342 +2.46% 95 Cyclically Adjusted PB Ratio is 4.30 as of Aug. 09, 2026, which is 9% above its 10-year median of 3.95. GuruFocus rates TPE:1342 with a GF Score™ of 95/100 and a GF Value™ of NT$116.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 842 Manufacturing - Apparel & Accessories companies, Cathay Consolidated ranks worse than 87.53% on this metric.

As of today (2026-08-09), Cathay Consolidated's current share price is NT$104.00. Cathay Consolidated's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$24.18. Cathay Consolidated's Cyclically Adjusted PB Ratio for today is 4.30.

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

TPE:1342' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.5   Med: 3.95   Max: 4.3
Current: 4.3

During the past 10 years, Cathay Consolidated's highest Cyclically Adjusted PB Ratio was 4.30. The lowest was 3.50. And the median was 3.95.

TPE:1342's Cyclically Adjusted PB Ratio is ranked worse than
87.53% of 842 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.985 vs TPE:1342: 4.30

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.

Cathay Consolidated's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$30.723. 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$24.18 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cathay Consolidated  (TPE:1342) 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.


Cathay Consolidated Cyclically Adjusted PB Ratio Related Terms


Cathay Consolidated Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cathay Consolidated'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.

Cathay Consolidated Cyclically Adjusted PB Ratio Chart

Cathay Consolidated 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 0.00 0.00 0.00 0.00 3.69

Cathay Consolidated 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 0.00 0.00 0.00 3.69 0.00

Cathay Consolidated Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Cathay Consolidated'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.


Cathay Consolidated Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


TPE:1342
95GF Score
Cathay Consolidated Inc TPE:1342
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cathay Consolidated 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.

Cathay Consolidated's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=104.00/24.18
=4.30

* 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.

Cathay Consolidated's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Cathay Consolidated's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=30.723/324.0540*324.0540
=30.723

Current CPI (Dec25) = 324.0540.

Cathay Consolidated Annual Data

Book Value per Share CPI Adj_Book
201612 11.439 241.432 15.354
201712 13.474 246.524 17.711
201812 16.363 251.233 21.106
201912 14.202 256.974 17.909
202012 19.549 260.474 24.321
202112 20.843 278.802 24.226
202212 26.455 296.797 28.885
202312 28.593 306.746 30.206
202412 30.555 315.605 31.373
202512 30.723 324.054 30.723

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 4.30 mean?
Cathay Consolidated (TPE:1342) has a Cyclically Adjusted PB Ratio of 4.30 as of Aug. 09, 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 Cathay Consolidated and its competitors. This is near median its historical median of 3.95. Over the past decade, Cathay Consolidated's Cyclically Adjusted PB Ratio has ranged from 3.50 to 4.30. According to the industry distribution chart, Cathay Consolidated ranks #737 out of 842 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.5%.
Is Cathay Consolidated's Cyclically Adjusted PB Ratio too high?
Cathay Consolidated's current Cyclically Adjusted PB Ratio of 4.30 is near median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 4.30. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.99. Cathay Consolidated's value of 4.30 is 336.5% above this industry median. Based on the distribution chart, Cathay Consolidated ranks #737 out of 842 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Cathay Consolidated has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cathay Consolidated's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cathay Consolidated ranks #737 out of 842 companies for Cyclically Adjusted PB Ratio. This places Cathay Consolidated in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Cathay Consolidated's value of 4.30 is 336.5% above this benchmark. Historically, Cathay Consolidated's own Cyclically Adjusted PB Ratio has ranged from 3.50 to 4.30 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 0.99, Cathay Consolidated has consistently been above 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 0.99, based on 842 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. Cathay Consolidated's current Cyclically Adjusted PB Ratio of 4.30 is 336.5% above 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 Cathay Consolidated and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay Consolidated's current Cyclically Adjusted PB Ratio is 4.30, which is near median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Consolidated stock overvalued right now?
Based on GuruFocus' analysis, Cathay Consolidated (TPE:1342) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$116.33, compared to a current price of NT$104.00 — trading 10.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.30, which is near median its 10-year median of 3.95 and 336.5% above the Manufacturing - Apparel & Accessories industry median of 0.99. Cathay Consolidated's overall GF Score™ is 95/100 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 Cathay Consolidated (TPE:1342), the current Cyclically Adjusted PB Ratio is 4.30 as of Aug. 09, 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 Cathay Consolidated (TPE:1342) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Consolidated stock appears to be undervalued. The current stock price of NT$104.00 is trading 10.6% below its estimated GF Value™ of NT$116.33. GuruFocus considers Cathay Consolidated to be Modestly Undervalued.

Key valuation signals for TPE:1342:

  • Cyclically Adjusted PB Ratio: 4.30 (near median its 10-year median of 3.95)
  • GF Value™: NT$116.33 vs. price of NT$104.00 (10.6% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 336.5% above the Manufacturing - Apparel & Accessories median (#737 of 842)

No single metric tells the full story. See the TPE:1342 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cathay Consolidated Business Description

Address Number 6, Dexing 4th Road, Yilan County, Dongshan Shiang, TWN, 26950
Cathay Consolidated Inc is a Taiwan-based company engaged in the manufacturing of TPU film, air mattresses, covers, laminated fabrics, and bladders. Its revenue mainly comes from the production and sale of functional fabrics. It operates in Taiwan, Asia, the Americas, Others, and the majority of its revenue comes from Asia. The main product of the Company is TPU film, air mattress, cover, laminated fabrics and bladder. The company's products are used in Aviation, Marine, Medical, Outdoor, and Industrial.
95GF Score

Get the complete analysis for TPE:1342

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

NT$104.00
Price
NT$116.33
GF Value