Shinkong Synthetic Fiber (TPE:1409) Cyclically Adjusted PB Ratio: 0.90 (As of Aug. 02, 2026) — 20% Above Median

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TPE:1409 Shinkong Synthetic Fiber Corp TPE:1409
54 GF Score
Price NT$20.75
GF Value NT$14.29
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shinkong Synthetic Fiber Cyclically Adjusted PB Ratio?

Shinkong Synthetic Fiber TPE:1409 +2.72% 54 Cyclically Adjusted PB Ratio is 0.90 as of Aug. 02, 2026, which is 20% above its 10-year median of 0.75. GuruFocus rates TPE:1409 with a GF Score™ of 54/100 and a GF Value™ of NT$14.29 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 859 Manufacturing - Apparel & Accessories companies, Shinkong Synthetic Fiber ranks worse than 51.69% on this metric.

As of today (2026-08-02), Shinkong Synthetic Fiber's current share price is NT$20.75. Shinkong Synthetic Fiber's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$23.15. Shinkong Synthetic Fiber's Cyclically Adjusted PB Ratio for today is 0.90.

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

TPE:1409' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.75   Max: 1.39
Current: 1.01

During the past years, Shinkong Synthetic Fiber's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.53. And the median was 0.75.

TPE:1409's Cyclically Adjusted PB Ratio is ranked worse than
51.69% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs TPE:1409: 1.01

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.

Shinkong Synthetic Fiber's adjusted book value per share data for the three months ended in Dec. 2025 was NT$25.803. 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$23.15 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinkong Synthetic Fiber  (TPE:1409) 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.


Shinkong Synthetic Fiber Cyclically Adjusted PB Ratio Related Terms


Shinkong Synthetic Fiber Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinkong Synthetic Fiber'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.

Shinkong Synthetic Fiber Cyclically Adjusted PB Ratio Chart

Shinkong Synthetic Fiber 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 1.08 0.86 0.73 0.66 0.65

Shinkong Synthetic Fiber Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.66 0.60 0.53 0.61 0.65

Shinkong Synthetic Fiber Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Shinkong Synthetic Fiber'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.


Shinkong Synthetic Fiber Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shinkong Synthetic Fiber's Cyclically Adjusted PB Ratio falls into.


TPE:1409
54GF Score
Shinkong Synthetic Fiber Corp TPE:1409
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinkong Synthetic Fiber 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.

Shinkong Synthetic Fiber's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.75/23.15
=0.90

* 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.

Shinkong Synthetic Fiber's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Shinkong Synthetic Fiber's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=25.803/324.0540*324.0540
=25.803

Current CPI (Dec. 2025) = 324.0540.

Shinkong Synthetic Fiber Quarterly Data

Book Value per Share CPI Adj_Book
201603 15.330 238.132 20.861
201606 15.440 241.018 20.759
201609 15.529 241.428 20.844
201612 15.877 241.432 21.310
201703 16.080 243.801 21.373
201706 16.166 244.955 21.386
201709 16.482 246.819 21.640
201712 16.965 246.524 22.300
201803 17.418 249.554 22.618
201806 17.535 251.989 22.550
201809 18.223 252.439 23.393
201812 17.817 251.233 22.981
201903 18.226 254.202 23.234
201906 17.871 256.143 22.609
201909 18.170 256.759 22.932
201912 18.481 256.974 23.305
202003 17.202 258.115 21.596
202006 18.608 257.797 23.390
202009 18.856 260.280 23.476
202012 19.617 260.474 24.405
202103 19.009 264.877 23.256
202106 19.974 271.696 23.823
202109 21.191 274.310 25.034
202112 22.363 278.802 25.993
202203 21.911 287.504 24.697
202206 21.328 296.311 23.325
202209 21.538 296.808 23.515
202212 21.988 296.797 24.007
202303 21.286 301.836 22.853
202306 21.899 305.109 23.259
202309 22.208 307.789 23.382
202312 22.526 306.746 23.797
202403 22.097 312.332 22.926
202406 22.848 314.175 23.566
202409 23.709 315.301 24.367
202412 23.600 315.605 24.232
202503 23.315 319.799 23.625
202506 22.929 322.561 23.035
202509 24.632 324.800 24.575
202512 25.803 324.054 25.803

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 0.90 mean?
Shinkong Synthetic Fiber (TPE:1409) has a Cyclically Adjusted PB Ratio of 0.90 as of Aug. 02, 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 Shinkong Synthetic Fiber and its competitors. This is 20% above median its historical median of 0.75. Over the past decade, Shinkong Synthetic Fiber's Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.39. According to the industry distribution chart, Shinkong Synthetic Fiber ranks #444 out of 859 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.7%.
Is Shinkong Synthetic Fiber's Cyclically Adjusted PB Ratio too high?
Shinkong Synthetic Fiber's current Cyclically Adjusted PB Ratio of 0.90 is 20% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.39. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.96. Shinkong Synthetic Fiber's value of 0.90 is 6.3% below this industry median. Based on the distribution chart, Shinkong Synthetic Fiber ranks #444 out of 859 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shinkong Synthetic Fiber has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Synthetic Fiber's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shinkong Synthetic Fiber ranks #444 out of 859 companies for Cyclically Adjusted PB Ratio. This places Shinkong Synthetic Fiber in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Shinkong Synthetic Fiber's value of 0.90 is 6.3% below this benchmark. Historically, Shinkong Synthetic Fiber's own Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.39 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.96, Shinkong Synthetic Fiber 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 0.96, based on 859 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. Shinkong Synthetic Fiber's current Cyclically Adjusted PB Ratio of 0.90 is 6.3% 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 Shinkong Synthetic Fiber and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinkong Synthetic Fiber's current Cyclically Adjusted PB Ratio is 0.90, which is 20% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Synthetic Fiber stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Synthetic Fiber (TPE:1409) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.29, compared to a current price of NT$20.75 — trading 45.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 20% above median its 10-year median of 0.75 and 6.3% below the Manufacturing - Apparel & Accessories industry median of 0.96. Shinkong Synthetic Fiber's overall GF Score™ is 54/100 with 8 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 Shinkong Synthetic Fiber (TPE:1409), the current Cyclically Adjusted PB Ratio is 0.90 as of Aug. 02, 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 Shinkong Synthetic Fiber (TPE:1409) Overvalued in 2026?

Based on GuruFocus' analysis, Shinkong Synthetic Fiber stock appears to be overvalued. The current stock price of NT$20.75 is trading 45.2% above its estimated GF Value™ of NT$14.29. GuruFocus considers Shinkong Synthetic Fiber to be Significantly Overvalued.

Key valuation signals for TPE:1409:

  • Cyclically Adjusted PB Ratio: 0.90 (20% above median its 10-year median of 0.75)
  • GF Value™: NT$14.29 vs. price of NT$20.75 (45.2% above fair value)
  • GF Score™: 54/100 with 8 warning signs
  • Industry Position: 6.3% below the Manufacturing - Apparel & Accessories median (#444 of 859)

No single metric tells the full story. See the TPE:1409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinkong Synthetic Fiber Business Description

Address No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp manufactures and sells polyester polymers, polyester staple fibers, polyester textured yarns, polyester chips, pre-oriented yarns, polyester flat yarns, polyethylene terephthalate (PET) resins used in PET bottles and polyester base films. The company's PET fiber products can mainly be categorized into industrial yarn, partially oriented yarn (POY), Spin draw yarn (SDY), polyester staple fiber (PSF), and draw textured yarn (DTY). Its plastic products include polyester resin, bottle grade polyester resin , PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. Its segments include Polyester, Finance and Securities, and Optronics of which the Polyester segment derives the majority of the revenue.
54GF Score

Get the complete analysis for TPE:1409

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

NT$20.75
Price
NT$14.29
GF Value