Chung Fu Tex-International (TPE:1435) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:1435 Chung Fu Tex-International Corp TPE:1435
64 GF Score
Price NT$23.00
GF Value NT$21.89
Valuation Fairly Valued
! 4 Warning Signs
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What is Chung Fu Tex-International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chung Fu Tex-International  (TPE:1435) 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.


Chung Fu Tex-International Cyclically Adjusted PB Ratio Related Terms


Chung Fu Tex-International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chung Fu Tex-International'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.

Chung Fu Tex-International Cyclically Adjusted PB Ratio Chart

Chung Fu Tex-International 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 3.49 5.06 6.07 3.95 2.41

Chung Fu Tex-International 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 3.86 2.75 2.36 1.89 2.94

TPE:1435 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Chung Fu Tex-International'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.


Chung Fu Tex-International Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Chung Fu Tex-International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chung Fu Tex-International's Cyclically Adjusted PB Ratio falls into.


TPE:1435
64GF Score
Chung Fu Tex-International Corp TPE:1435
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chung Fu Tex-International 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.

Chung Fu Tex-International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chung Fu Tex-International'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)
=6.566/333.9520*333.9520
=6.566

Current CPI (Jun. 2026) = 333.9520.

Chung Fu Tex-International Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.460 241.428 10.319
201612 7.463 241.432 10.323
201703 7.455 243.801 10.212
201706 7.479 244.955 10.196
201709 7.523 246.819 10.179
201712 7.469 246.524 10.118
201803 7.165 249.554 9.588
201806 7.227 251.989 9.578
201809 7.144 252.439 9.451
201812 7.059 251.233 9.383
201903 7.170 254.202 9.419
201906 7.143 256.143 9.313
201909 7.090 256.759 9.222
201912 7.226 256.974 9.391
202003 7.113 258.115 9.203
202006 7.044 257.797 9.125
202009 6.807 260.280 8.734
202012 6.627 260.474 8.496
202103 7.526 264.877 9.489
202106 7.629 271.696 9.377
202109 8.421 274.310 10.252
202112 8.958 278.802 10.730
202203 9.854 287.504 11.446
202206 10.275 296.311 11.580
202209 9.340 296.808 10.509
202212 6.771 296.797 7.619
202303 7.254 301.836 8.026
202306 7.109 305.109 7.781
202309 7.017 307.789 7.613
202312 9.631 306.746 10.485
202403 9.586 312.332 10.250
202406 9.112 314.175 9.686
202409 9.026 315.301 9.560
202412 8.301 315.605 8.784
202503 8.200 319.799 8.563
202506 8.111 322.561 8.397
202509 8.037 324.800 8.263
202512 7.099 324.054 7.316
202603 7.023 330.213 7.103
202606 6.566 333.952 6.566

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 Chung Fu Tex-International (TPE:1435) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Fu Tex-International stock appears to be overvalued. The current stock price of NT$23.00 is trading 5.1% above its estimated GF Value™ of NT$21.89. GuruFocus considers Chung Fu Tex-International to be Fairly Valued.

Key valuation signals for TPE:1435:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$21.89 vs. price of NT$23.00 (5.1% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the TPE:1435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung Fu Tex-International Business Description

Address No. 666, Jingping Road, 2nd Floor, Zhonghe District, New Taipei, TWN
Chung Fu Tex-International Corp is mainly engaged in the following businesses: development, leasing, and sale of residential properties and commercial buildings; retail sale of tobacco and alcohol; warehousing.
64GF Score

Get the complete analysis for TPE:1435

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

NT$23.00
Price
NT$21.89
GF Value