Teco Electric & Machinery Co (TPE:1504) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:1504 Teco Electric & Machinery Co Ltd TPE:1504
75 GF Score
Price NT$60.50
GF Value NT$54.84
Valuation Fairly Valued
! 4 Warning Signs
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What is Teco Electric & Machinery Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Teco Electric & Machinery Co  (TPE:1504) 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.


Teco Electric & Machinery Co Cyclically Adjusted PB Ratio Related Terms


Teco Electric & Machinery Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Teco Electric & Machinery 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.

Teco Electric & Machinery Co Cyclically Adjusted PB Ratio Chart

Teco Electric & Machinery 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 1.06 0.84 1.34 1.43 2.22

Teco Electric & Machinery 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 1.32 1.27 2.52 2.22 0.00

TPE:1504 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.


Teco Electric & Machinery Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Teco Electric & Machinery Co's Cyclically Adjusted PB Ratio falls into.


TPE:1504
75GF Score
Teco Electric & Machinery Co Ltd TPE:1504
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teco Electric & Machinery 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.

Teco Electric & Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Teco Electric & Machinery 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)
=35.875/330.2130*330.2130
=35.875

Current CPI (Mar. 2026) = 330.2130.

Teco Electric & Machinery Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.525 241.018 33.601
201609 25.137 241.428 34.381
201612 25.114 241.432 34.349
201703 25.346 243.801 34.330
201706 25.597 244.955 34.506
201709 25.979 246.819 34.757
201712 26.173 246.524 35.058
201803 26.744 249.554 35.388
201806 26.266 251.989 34.420
201809 26.726 252.439 34.960
201812 27.107 251.233 35.629
201903 28.357 254.202 36.836
201906 29.227 256.143 37.679
201909 28.307 256.759 36.405
201912 28.819 256.974 37.033
202003 27.698 258.115 35.435
202006 31.952 257.797 40.927
202009 31.820 260.280 40.370
202012 31.900 260.474 40.441
202103 33.132 264.877 41.305
202106 40.136 271.696 48.780
202109 41.613 274.310 50.094
202112 42.296 278.802 50.095
202203 35.907 287.504 41.241
202206 35.445 296.311 39.500
202209 35.611 296.808 39.619
202212 37.939 296.797 42.211
202303 40.365 301.836 44.160
202306 38.865 305.109 42.063
202309 37.431 307.789 40.158
202312 37.998 306.746 40.905
202403 35.251 312.332 37.269
202406 36.548 314.175 38.414
202409 37.441 315.301 39.212
202412 35.786 315.605 37.442
202503 34.326 319.799 35.444
202506 32.738 322.561 33.515
202509 37.377 324.800 38.000
202512 39.080 324.054 39.823
202603 35.875 330.213 35.875

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 Teco Electric & Machinery Co (TPE:1504) Overvalued in 2026?

Based on GuruFocus' analysis, Teco Electric & Machinery Co stock appears to be overvalued. The current stock price of NT$60.50 is trading 10.3% above its estimated GF Value™ of NT$54.84. GuruFocus considers Teco Electric & Machinery Co to be Fairly Valued.

Key valuation signals for TPE:1504:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$54.84 vs. price of NT$60.50 (10.3% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the TPE:1504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teco Electric & Machinery Co Business Description

Address No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units, and electronic equipment products. The company's Heavy industrial products, the product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its revenue from Taiwan.
75GF Score

Get the complete analysis for TPE:1504

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

NT$60.50
Price
NT$54.84
GF Value