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GTM HoldingsTPE:1437 -3.57%79 Cyclically Adjusted PB Ratio is 0.77 as of Aug. 06, 2026, which is 14% below its 10-year median of 0.90. GuruFocus rates TPE:1437 with a GF Score™ of 79/100 and a GF Value™ of NT$34.22 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,413 Real Estate companies, GTM Holdings ranks worse than 56.97% on this metric.
The historical rank and industry rank for GTM Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
TPE:1437'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 0.9 Max: 1.13
Current: 0.82
During the past years, GTM Holdings's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.72. And the median was 0.90.
TPE:1437's Cyclically Adjusted PB Ratio is ranked worse than 56.97% of 1413
companies
in the Real Estate industry
Industry Median: 0.69
vs TPE:1437: 0.82
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.
GTM Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was NT$40.968. 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$38.48 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
GTM Holdings (TPE:1437) 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.
GTM Holdings Cyclically Adjusted PB Ratio Related Terms
GTM Holdings Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for GTM Holdings'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.
TPE:1437 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison
For the Real Estate Services subindustry, GTM Holdings'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.
GTM Holdings Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, GTM Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where GTM Holdings's Cyclically Adjusted PB Ratio falls into.
GTM Holdings 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.
GTM Holdings's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.77 mean?
GTM Holdings (TPE:1437) has a Cyclically Adjusted PB Ratio of 0.77 as of Aug. 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 GTM Holdings and its competitors. This is 14% below median its historical median of 0.90. Over the past decade, GTM Holdings' Cyclically Adjusted PB Ratio has ranged from 0.72 to 1.13. According to the industry distribution chart, GTM Holdings ranks #805 out of 1413 companies in the Real Estate industry, placing it in the top 57%.
Is GTM Holdings' Cyclically Adjusted PB Ratio too high?
GTM Holdings' current Cyclically Adjusted PB Ratio of 0.77 is 14% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.13. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. GTM Holdings' value of 0.77 is 11.6% above this industry median. Based on the distribution chart, GTM Holdings ranks #805 out of 1413 companies in the Real Estate industry, which is below the industry midpoint. Overall, GTM Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GTM Holdings' Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, GTM Holdings ranks #805 out of 1413 companies for Cyclically Adjusted PB Ratio. This places GTM Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. GTM Holdings' value of 0.77 is 11.6% above this benchmark. Historically, GTM Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.72 to 1.13 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.69, GTM Holdings 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,413 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. GTM Holdings's current Cyclically Adjusted PB Ratio of 0.77 is 11.6% 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 GTM Holdings and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTM Holdings's current Cyclically Adjusted PB Ratio is 0.77, which is 14% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTM Holdings stock overvalued right now?
Based on GuruFocus' analysis, GTM Holdings (TPE:1437) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.22, compared to a current price of NT$29.75 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.77, which is 14% below median its 10-year median of 0.90 and 11.6% above the Real Estate industry median of 0.69. GTM Holdings' overall GF Score™ is 79/100 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 GTM Holdings (TPE:1437), the current Cyclically Adjusted PB Ratio is 0.77 as of Aug. 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 GTM Holdings (TPE:1437) Overvalued in 2026?
Based on GuruFocus' analysis, GTM Holdings stock appears to be undervalued.
The current stock price of NT$29.75 is trading 13.1% below its estimated GF Value™ of NT$34.22.
GuruFocus considers GTM Holdings to be Modestly Undervalued.
Key valuation signals for TPE:1437:
Cyclically Adjusted PB Ratio: 0.77 (14% below median its 10-year median of 0.90)
GF Value™: NT$34.22 vs. price of NT$29.75 (13.1% below fair value)
Industry Position: 11.6% above the Real Estate median (#805 of 1413)
No single metric tells the full story. See the TPE:1437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GTM Holdings Corp is mainly engaged in the manufacturing and trading of textiles, knitwear, wool quilts, suits, electronic components, and electronic materials, as well as the commissioning of construction companies for building construction, residential rentals, and sales. The Company operates through the Textile Business Department, Real Estate Business Department and Other Departments. The Textile Business Department manufactures and sells textile products, while the Real Estate Business Department engages in the rental of real estate and other activities. The Company generates the majority of its revenue from the Real Estate Business Department and from Taiwan.
79GF Score
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