Zig Sheng Industrial Co (TPE:1455) Cyclically Adjusted PB Ratio: 0.60 (As of Aug. 06, 2026) — 13% Below Median

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TPE:1455 Zig Sheng Industrial Co Ltd TPE:1455
52 GF Score
Price NT$8.85
GF Value NT$6.47
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zig Sheng Industrial Co Cyclically Adjusted PB Ratio?

Zig Sheng Industrial Co TPE:1455 +1.37% 52 Cyclically Adjusted PB Ratio is 0.60 as of Aug. 06, 2026, which is 13% below its 10-year median of 0.69. GuruFocus rates TPE:1455 with a GF Score™ of 52/100 and a GF Value™ of NT$6.47 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 848 Manufacturing - Apparel & Accessories companies, Zig Sheng Industrial Co ranks better than 68.87% on this metric.

As of today (2026-08-06), Zig Sheng Industrial Co's current share price is NT$8.85. Zig Sheng Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$14.75. Zig Sheng Industrial Co's Cyclically Adjusted PB Ratio for today is 0.60.

The historical rank and industry rank for Zig Sheng Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1455' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.69   Max: 1.97
Current: 0.58

During the past years, Zig Sheng Industrial Co's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 0.37. And the median was 0.69.

TPE:1455's Cyclically Adjusted PB Ratio is ranked better than
68.87% of 848 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs TPE:1455: 0.58

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.

Zig Sheng Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$10.811. 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$14.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zig Sheng Industrial Co  (TPE:1455) 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.


Zig Sheng Industrial Co Cyclically Adjusted PB Ratio Related Terms


Zig Sheng Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zig Sheng Industrial 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.

Zig Sheng Industrial Co Cyclically Adjusted PB Ratio Chart

Zig Sheng Industrial 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 1.18 0.71 0.74 0.66 0.52

Zig Sheng Industrial Co 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 0.62 0.60 0.61 0.52 0.58

Zig Sheng Industrial Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Zig Sheng Industrial 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.


Zig Sheng Industrial Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Zig Sheng Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:1455
52GF Score
Zig Sheng Industrial Co Ltd TPE:1455
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zig Sheng Industrial 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.

Zig Sheng Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.85/14.75
=0.60

* 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.

Zig Sheng Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Zig Sheng Industrial Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=10.811/330.2130*330.2130
=10.811

Current CPI (Mar. 2026) = 330.2130.

Zig Sheng Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.126 241.018 16.614
201609 12.175 241.428 16.652
201612 12.391 241.432 16.948
201703 12.745 243.801 17.262
201706 12.102 244.955 16.314
201709 12.385 246.819 16.570
201712 12.689 246.524 16.997
201803 12.899 249.554 17.068
201806 12.735 251.989 16.688
201809 12.843 252.439 16.800
201812 12.433 251.233 16.342
201903 12.409 254.202 16.120
201906 12.267 256.143 15.814
201909 12.122 256.759 15.590
201912 11.770 256.974 15.125
202003 11.401 258.115 14.586
202006 11.403 257.797 14.606
202009 11.630 260.280 14.755
202012 12.251 260.474 15.531
202103 13.013 264.877 16.223
202106 14.132 271.696 17.176
202109 13.613 274.310 16.387
202112 13.749 278.802 16.284
202203 13.911 287.504 15.977
202206 13.004 296.311 14.492
202209 12.577 296.808 13.993
202212 12.393 296.797 13.788
202303 12.352 301.836 13.513
202306 11.964 305.109 12.948
202309 11.775 307.789 12.633
202312 11.861 306.746 12.768
202403 11.994 312.332 12.681
202406 12.138 314.175 12.758
202409 12.004 315.301 12.572
202412 11.865 315.605 12.414
202503 11.646 319.799 12.025
202506 11.240 322.561 11.507
202509 11.192 324.800 11.379
202512 10.907 324.054 11.114
202603 10.811 330.213 10.811

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 0.60 mean?
Zig Sheng Industrial Co (TPE:1455) has a Cyclically Adjusted PB Ratio of 0.60 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 Zig Sheng Industrial Co and its competitors. This is 13% below median its historical median of 0.69. Over the past decade, Zig Sheng Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.97. According to the industry distribution chart, Zig Sheng Industrial Co ranks #264 out of 848 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.1%.
Is Zig Sheng Industrial Co's Cyclically Adjusted PB Ratio too high?
Zig Sheng Industrial Co's current Cyclically Adjusted PB Ratio of 0.60 is 13% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.97. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Zig Sheng Industrial Co's value of 0.60 is 36.8% below this industry median. Based on the distribution chart, Zig Sheng Industrial Co ranks #264 out of 848 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Zig Sheng Industrial Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zig Sheng Industrial Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zig Sheng Industrial Co ranks #264 out of 848 companies for Cyclically Adjusted PB Ratio. This puts Zig Sheng Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Zig Sheng Industrial Co's value of 0.60 is 36.8% below this benchmark. Historically, Zig Sheng Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.97 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.95, Zig Sheng Industrial 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 848 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. Zig Sheng Industrial Co's current Cyclically Adjusted PB Ratio of 0.60 is 36.8% 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 Zig Sheng Industrial 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. Zig Sheng Industrial Co's current Cyclically Adjusted PB Ratio is 0.60, which is 13% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zig Sheng Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Zig Sheng Industrial Co (TPE:1455) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.47, compared to a current price of NT$8.85 — trading 36.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 13% below median its 10-year median of 0.69 and 36.8% below the Manufacturing - Apparel & Accessories industry median of 0.95. Zig Sheng Industrial Co's overall GF Score™ is 52/100 with 5 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 Zig Sheng Industrial Co (TPE:1455), the current Cyclically Adjusted PB Ratio is 0.60 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 Zig Sheng Industrial Co (TPE:1455) Overvalued in 2026?

Based on GuruFocus' analysis, Zig Sheng Industrial Co stock appears to be overvalued. The current stock price of NT$8.85 is trading 36.8% above its estimated GF Value™ of NT$6.47. GuruFocus considers Zig Sheng Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:1455:

  • Cyclically Adjusted PB Ratio: 0.60 (13% below median its 10-year median of 0.69)
  • GF Value™: NT$6.47 vs. price of NT$8.85 (36.8% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 36.8% below the Manufacturing - Apparel & Accessories median (#264 of 848)

No single metric tells the full story. See the TPE:1455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zig Sheng Industrial Co Business Description

Address No. 70, Sining North Road, 2nd Floor, Datong District, Taipei, TWN
Zig Sheng Industrial Co Ltd is a Taiwan-based company principally engaged in the spinning, weaving, dyeing/finishing, printing, processing, and trading of various filaments, artificial cotton, and nylon. It offers Textured yarns, Polyester yarn Nylon filaments, and Nylon chips products. The textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament, and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns, and industrial yarns. The nylon chip products include spinning grade nylon chips and engineering plastic grade nylon chips. It has two reporting segments namely Fiber operating segment and Chemical materials operating segment generating key revenue from Fiber operating segment.
52GF Score

Get the complete analysis for TPE:1455

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

NT$8.85
Price
NT$6.47
GF Value