Hung Chou Fiber Ind Co (TPE:1413) Cyclically Adjusted PB Ratio: 0.94 (As of Sep. 06, 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:1413 Hung Chou Fiber Ind Co Ltd TPE:1413
67 GF Score
Price NT$9.19
GF Value NT$8.61
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Hung Chou Fiber Ind Co Cyclically Adjusted PB Ratio?

Hung Chou Fiber Ind Co TPE:1413 +1.21% 67 Cyclically Adjusted PB Ratio is 0.94 as of Sep. 06, 2026, which is 8% below its 10-year median of 1.02. GuruFocus rates TPE:1413 with a GF Score™ of 67/100 and a GF Value™ of NT$8.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, Hung Chou Fiber Ind Co ranks better than 50.71% on this metric.

As of today (2026-09-06), Hung Chou Fiber Ind Co's current share price is NT$9.19. Hung Chou Fiber Ind Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$9.74. Hung Chou Fiber Ind Co's Cyclically Adjusted PB Ratio for today is 0.94.

The historical rank and industry rank for Hung Chou Fiber Ind Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1413' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.02   Max: 1.33
Current: 0.94

During the past years, Hung Chou Fiber Ind Co's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.63. And the median was 1.02.

TPE:1413's Cyclically Adjusted PB Ratio is ranked better than
50.71% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs TPE:1413: 0.94

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.

Hung Chou Fiber Ind Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$8.744. 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$9.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hung Chou Fiber Ind Co  (TPE:1413) 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.


Hung Chou Fiber Ind Co Cyclically Adjusted PB Ratio Related Terms


Hung Chou Fiber Ind Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hung Chou Fiber Ind Co'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.

Hung Chou Fiber Ind Co Cyclically Adjusted PB Ratio Chart

Hung Chou Fiber Ind Co 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 1.14 1.01 0.91 1.18 1.06

Hung Chou Fiber Ind Co 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 1.27 1.12 1.06 1.01 0.96

Hung Chou Fiber Ind Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Hung Chou Fiber Ind Co'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.


Hung Chou Fiber Ind Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Hung Chou Fiber Ind Co's Cyclically Adjusted PB Ratio falls into.


TPE:1413
67GF Score
Hung Chou Fiber Ind Co Ltd TPE:1413
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hung Chou Fiber Ind Co 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.

Hung Chou Fiber Ind Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.19/9.74
=0.94

* 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.

Hung Chou Fiber Ind Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hung Chou Fiber Ind Co'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)
=8.744/333.9520*333.9520
=8.744

Current CPI (Jun. 2026) = 333.9520.

Hung Chou Fiber Ind Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.049 241.428 8.367
201612 5.893 241.432 8.151
201703 5.838 243.801 7.997
201706 6.061 244.955 8.263
201709 6.363 246.819 8.609
201712 6.776 246.524 9.179
201803 7.170 249.554 9.595
201806 7.762 251.989 10.287
201809 8.096 252.439 10.710
201812 8.585 251.233 11.412
201903 8.879 254.202 11.665
201906 9.142 256.143 11.919
201909 9.203 256.759 11.970
201912 9.082 256.974 11.803
202003 8.787 258.115 11.369
202006 8.315 257.797 10.771
202009 8.050 260.280 10.329
202012 7.876 260.474 10.098
202103 7.924 264.877 9.990
202106 8.115 271.696 9.974
202109 8.341 274.310 10.155
202112 8.680 278.802 10.397
202203 9.025 287.504 10.483
202206 9.448 296.311 10.648
202209 9.398 296.808 10.574
202212 9.295 296.797 10.459
202303 9.031 301.836 9.992
202306 8.768 305.109 9.597
202309 8.468 307.789 9.188
202312 8.290 306.746 9.025
202403 8.181 312.332 8.747
202406 8.075 314.175 8.583
202409 8.102 315.301 8.581
202412 8.117 315.605 8.589
202503 8.018 319.799 8.373
202506 8.438 322.561 8.736
202509 8.544 324.800 8.785
202512 8.571 324.054 8.833
202603 8.442 330.213 8.538
202606 8.744 333.952 8.744

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 0.94 mean?
Hung Chou Fiber Ind Co (TPE:1413) has a Cyclically Adjusted PB Ratio of 0.94 as of Sep. 06, 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 Hung Chou Fiber Ind Co and its competitors. This is near median its historical median of 1.02. Over the past decade, Hung Chou Fiber Ind Co's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.33. According to the industry distribution chart, Hung Chou Fiber Ind Co ranks #313 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.3%.
Is Hung Chou Fiber Ind Co's Cyclically Adjusted PB Ratio too high?
Hung Chou Fiber Ind Co's current Cyclically Adjusted PB Ratio of 0.94 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.33. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Hung Chou Fiber Ind Co's value of 0.94 is 1.1% below this industry median. Based on the distribution chart, Hung Chou Fiber Ind Co ranks #313 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Hung Chou Fiber Ind Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hung Chou Fiber Ind Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hung Chou Fiber Ind Co ranks #313 out of 635 companies for Cyclically Adjusted PB Ratio. This puts Hung Chou Fiber Ind Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Hung Chou Fiber Ind Co's value of 0.94 is 1.1% below this benchmark. Historically, Hung Chou Fiber Ind Co's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.33 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.95, Hung Chou Fiber Ind Co 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 635 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. Hung Chou Fiber Ind Co's current Cyclically Adjusted PB Ratio of 0.94 is 1.1% 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 Hung Chou Fiber Ind Co 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. Hung Chou Fiber Ind Co's current Cyclically Adjusted PB Ratio is 0.94, which is near median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hung Chou Fiber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hung Chou Fiber Ind Co (TPE:1413) is currently considered Fairly Valued. The stock's GF Value™ is NT$8.61, compared to a current price of NT$9.19 — trading 6.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is near median its 10-year median of 1.02 and 1.1% below the Manufacturing - Apparel & Accessories industry median of 0.95. Hung Chou Fiber Ind Co's overall GF Score™ is 67/100 with 6 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 Hung Chou Fiber Ind Co (TPE:1413), the current Cyclically Adjusted PB Ratio is 0.94 as of Sep. 06, 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 Hung Chou Fiber Ind Co (TPE:1413) Overvalued in 2026?

Based on GuruFocus' analysis, Hung Chou Fiber Ind Co stock appears to be overvalued. The current stock price of NT$9.19 is trading 6.7% above its estimated GF Value™ of NT$8.61. GuruFocus considers Hung Chou Fiber Ind Co to be Fairly Valued.

Key valuation signals for TPE:1413:

  • Cyclically Adjusted PB Ratio: 0.94 (near median its 10-year median of 1.02)
  • GF Value™: NT$8.61 vs. price of NT$9.19 (6.7% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 1.1% below the Manufacturing - Apparel & Accessories median (#313 of 635)

No single metric tells the full story. See the TPE:1413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hung Chou Fiber Ind Co Business Description

Address Ruigang Road, 7th Floor, No. 607, NASDAQ Building, Neihu District, Taipei, TWN
Hung Chou Fiber Ind Co Ltd is a Taiwan-based polyester filament manufacturer. The company manufactures polyester chips, yarn, and finished fabrics. The products of the company are polyester filament, polyester chips, yarn, and others. It is mainly involved in the production and trading of polyester fibers and operates in a single segment. Geographically, a majority of its revenue is derived from Taiwan, while it also has its presence in other countries.
67GF Score

Get the complete analysis for TPE:1413

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

NT$9.19
Price
NT$8.61
GF Value