Makalot Industrial Co (TPE:1477) Cyclically Adjusted PB Ratio: 4.01 (As of Aug. 12, 2026) — 26% Below Median

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TPE:1477 Makalot Industrial Co Ltd TPE:1477
87 GF Score
Price NT$221.50
GF Value NT$314.22
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Makalot Industrial Co Cyclically Adjusted PB Ratio?

Makalot Industrial Co TPE:1477 -0.23% 87 Cyclically Adjusted PB Ratio is 4.01 as of Aug. 12, 2026, which is 26% below its 10-year median of 5.40. GuruFocus rates TPE:1477 with a GF Score™ of 87/100 and a GF Value™ of NT$314.22 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 842 Manufacturing - Apparel & Accessories companies, Makalot Industrial Co ranks worse than 86.46% on this metric.

As of today (2026-08-12), Makalot Industrial Co's current share price is NT$221.50. Makalot Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$55.29. Makalot Industrial Co's Cyclically Adjusted PB Ratio for today is 4.01.

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

TPE:1477' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.96   Med: 5.4   Max: 8.79
Current: 4.05

During the past years, Makalot Industrial Co's highest Cyclically Adjusted PB Ratio was 8.79. The lowest was 2.96. And the median was 5.40.

TPE:1477's Cyclically Adjusted PB Ratio is ranked worse than
86.46% of 842 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs TPE:1477: 4.05

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.

Makalot Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$52.697. 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$55.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makalot Industrial Co  (TPE:1477) 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.


Makalot Industrial Co Cyclically Adjusted PB Ratio Related Terms


Makalot Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Makalot 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.

Makalot Industrial Co Cyclically Adjusted PB Ratio Chart

Makalot 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 6.02 5.01 6.99 6.09 5.30

Makalot 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 5.73 4.36 5.32 5.30 4.11

TPE:1477 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Makalot 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.


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

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

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


TPE:1477
87GF Score
Makalot Industrial Co Ltd TPE:1477
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makalot 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=221.50/55.29
=4.01

* 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.

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

For example, Makalot 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)
=52.697/330.2130*330.2130
=52.697

Current CPI (Mar. 2026) = 330.2130.

Makalot Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 35.484 241.018 48.616
201609 36.807 241.428 50.343
201612 37.931 241.432 51.879
201703 38.394 243.801 52.002
201706 33.287 244.955 44.873
201709 35.631 246.819 47.670
201712 36.610 246.524 49.038
201803 37.681 249.554 49.860
201806 33.861 251.989 44.372
201809 36.299 252.439 47.482
201812 38.220 251.233 50.235
201903 40.424 254.202 52.512
201906 35.593 256.143 45.886
201909 38.354 256.759 49.326
201912 39.647 256.974 50.947
202003 41.626 258.115 53.253
202006 38.050 257.797 48.738
202009 41.302 260.280 52.399
202012 43.961 260.474 55.731
202103 47.786 264.877 59.573
202106 49.677 271.696 60.376
202109 52.864 274.310 63.637
202112 55.585 278.802 65.835
202203 50.423 287.504 57.913
202206 53.932 296.311 60.103
202209 59.448 296.808 66.139
202212 62.252 296.797 69.261
202303 51.755 301.836 56.621
202306 55.364 305.109 59.919
202309 61.399 307.789 65.872
202312 64.125 306.746 69.031
202403 53.378 312.332 56.434
202406 57.126 314.175 60.042
202409 54.560 315.301 57.140
202412 59.359 315.605 62.106
202503 54.682 319.799 56.463
202506 54.421 322.561 55.712
202509 52.687 324.800 53.565
202512 56.933 324.054 58.015
202603 52.697 330.213 52.697

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 4.01 mean?
Makalot Industrial Co (TPE:1477) has a Cyclically Adjusted PB Ratio of 4.01 as of Aug. 12, 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 Makalot Industrial Co and its competitors. This is 26% below median its historical median of 5.40. Over the past decade, Makalot Industrial Co's Cyclically Adjusted PB Ratio has ranged from 2.96 to 8.79. According to the industry distribution chart, Makalot Industrial Co ranks #728 out of 842 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.5%.
Is Makalot Industrial Co's Cyclically Adjusted PB Ratio too high?
Makalot Industrial Co's current Cyclically Adjusted PB Ratio of 4.01 is 26% below median its 10-year median of 5.40. Over the past 10 years, this metric has ranged from a low of 2.96 to a high of 8.79. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Makalot Industrial Co's value of 4.01 is 309.2% above this industry median. Based on the distribution chart, Makalot Industrial Co ranks #728 out of 842 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Makalot Industrial Co has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Makalot Industrial Co's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Makalot Industrial Co ranks #728 out of 842 companies for Cyclically Adjusted PB Ratio. This places Makalot Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Makalot Industrial Co's value of 4.01 is 309.2% above this benchmark. Historically, Makalot Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 2.96 to 8.79 over the past decade. While the company's 10-year median is 5.40 vs. the industry median of 0.98, Makalot Industrial Co 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.98, based on 842 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. Makalot Industrial Co's current Cyclically Adjusted PB Ratio of 4.01 is 309.2% 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 Makalot Industrial Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makalot Industrial Co's current Cyclically Adjusted PB Ratio is 4.01, which is 26% below median its own 10-year median of 5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makalot Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Makalot Industrial Co (TPE:1477) is currently considered Possible Value Trap. The stock's GF Value™ is NT$314.22, compared to a current price of NT$221.50 — trading 29.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.01, which is 26% below median its 10-year median of 5.40 and 309.2% above the Manufacturing - Apparel & Accessories industry median of 0.98. Makalot Industrial Co's overall GF Score™ is 87/100 with 3 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 Makalot Industrial Co (TPE:1477), the current Cyclically Adjusted PB Ratio is 4.01 as of Aug. 12, 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 Makalot Industrial Co (TPE:1477) Overvalued in 2026?

Based on GuruFocus' analysis, Makalot Industrial Co stock appears to be undervalued. The current stock price of NT$221.50 is trading 29.5% below its estimated GF Value™ of NT$314.22. GuruFocus considers Makalot Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:1477:

  • Cyclically Adjusted PB Ratio: 4.01 (26% below median its 10-year median of 5.40)
  • GF Value™: NT$314.22 vs. price of NT$221.50 (29.5% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 309.2% above the Manufacturing - Apparel & Accessories median (#728 of 842)

No single metric tells the full story. See the TPE:1477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makalot Industrial Co Business Description

Address No. 550, Zhongxiao East Road, 8th Floor, Section 4, Taipei, TWN, 110
Makalot Industrial Co Ltd is a Taiwan-based company. The company, along with its subsidiaries, is involved in the manufacturing and processing of garments. The firm describes its sales based on geography as sales from the American region and sales from others. It derives the majority of its sales from the American region. The firm generates almost all its revenue from garments and small portion of revenue from services and others.
87GF Score

Get the complete analysis for TPE:1477

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

NT$221.50
Price
NT$314.22
GF Value