Chung-Hsin Electric & Machinery Mfg (TPE:1513) Cyclically Adjusted PB Ratio: 5.29 (As of Aug. 08, 2026) — 86% Above Median

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TPE:1513 Chung-Hsin Electric & Machinery Mfg Corp TPE:1513
97 GF Score
Price NT$157.50
GF Value NT$169.86
Valuation Fairly Valued
! 1 Warning Sign
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What is Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted PB Ratio?

Chung-Hsin Electric & Machinery Mfg TPE:1513 -1.87% 97 Cyclically Adjusted PB Ratio is 5.29 as of Aug. 08, 2026, which is 86% above its 10-year median of 2.84. GuruFocus rates TPE:1513 with a GF Score™ of 97/100 and a GF Value™ of NT$169.86 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,252 Industrial Products companies, Chung-Hsin Electric & Machinery Mfg ranks worse than 80.51% on this metric.

As of today (2026-08-08), Chung-Hsin Electric & Machinery Mfg's current share price is NT$157.50. Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$29.77. Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PB Ratio for today is 5.29.

The historical rank and industry rank for Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1513' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 2.84   Max: 8.99
Current: 5.31

During the past years, Chung-Hsin Electric & Machinery Mfg's highest Cyclically Adjusted PB Ratio was 8.99. The lowest was 1.00. And the median was 2.84.

TPE:1513's Cyclically Adjusted PB Ratio is ranked worse than
80.51% of 2252 companies
in the Industrial Products industry
Industry Median: 2.07 vs TPE:1513: 5.31

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.

Chung-Hsin Electric & Machinery Mfg's adjusted book value per share data for the three months ended in Mar. 2026 was NT$43.569. 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$29.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chung-Hsin Electric & Machinery Mfg  (TPE:1513) 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-Hsin Electric & Machinery Mfg Cyclically Adjusted PB Ratio Related Terms


Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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-Hsin Electric & Machinery Mfg Cyclically Adjusted PB Ratio Chart

Chung-Hsin Electric & Machinery Mfg 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 2.13 2.92 4.74 5.81 5.20

Chung-Hsin Electric & Machinery Mfg 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 4.81 5.82 5.48 5.20 4.80

TPE:1513 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Chung-Hsin Electric & Machinery Mfg'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-Hsin Electric & Machinery Mfg Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PB Ratio falls into.


TPE:1513
97GF Score
Chung-Hsin Electric & Machinery Mfg Corp TPE:1513
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chung-Hsin Electric & Machinery Mfg 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-Hsin Electric & Machinery Mfg's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=157.50/29.77
=5.29

* 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-Hsin Electric & Machinery Mfg's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chung-Hsin Electric & Machinery Mfg'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)
=43.569/330.2130*330.2130
=43.569

Current CPI (Mar. 2026) = 330.2130.

Chung-Hsin Electric & Machinery Mfg Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.460 241.018 23.922
201609 17.748 241.428 24.275
201612 17.800 241.432 24.346
201703 17.826 243.801 24.144
201706 17.099 244.955 23.050
201709 17.596 246.819 23.541
201712 17.689 246.524 23.694
201803 18.078 249.554 23.921
201806 17.438 251.989 22.851
201809 17.617 252.439 23.045
201812 17.913 251.233 23.544
201903 18.378 254.202 23.873
201906 17.634 256.143 22.733
201909 17.999 256.759 23.148
201912 18.437 256.974 23.692
202003 18.624 258.115 23.826
202006 18.213 257.797 23.329
202009 22.181 260.280 28.141
202012 22.792 260.474 28.894
202103 24.107 264.877 30.053
202106 24.646 271.696 29.954
202109 23.305 274.310 28.054
202112 24.378 278.802 28.873
202203 26.222 287.504 30.117
202206 24.553 296.311 27.362
202209 25.910 296.808 28.826
202212 28.054 296.797 31.213
202303 33.283 301.836 36.412
202306 30.237 305.109 32.725
202309 29.874 307.789 32.050
202312 31.886 306.746 34.325
202403 37.494 312.332 39.641
202406 36.242 314.175 38.092
202409 37.334 315.301 39.100
202412 38.532 315.605 40.315
202503 39.116 319.799 40.390
202506 37.721 322.561 38.616
202509 39.765 324.800 40.428
202512 41.849 324.054 42.644
202603 43.569 330.213 43.569

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 5.29 mean?
Chung-Hsin Electric & Machinery Mfg (TPE:1513) has a Cyclically Adjusted PB Ratio of 5.29 as of Aug. 08, 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 Chung-Hsin Electric & Machinery Mfg and its competitors. This is 86% above median its historical median of 2.84. Over the past decade, Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PB Ratio has ranged from 1.00 to 8.99. According to the industry distribution chart, Chung-Hsin Electric & Machinery Mfg ranks #1813 out of 2252 companies in the Industrial Products industry, placing it in the top 80.5%.
Is Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PB Ratio too high?
Chung-Hsin Electric & Machinery Mfg's current Cyclically Adjusted PB Ratio of 5.29 is 86% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.99. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Chung-Hsin Electric & Machinery Mfg's value of 5.29 is 155.6% above this industry median. Based on the distribution chart, Chung-Hsin Electric & Machinery Mfg ranks #1813 out of 2252 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chung-Hsin Electric & Machinery Mfg has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chung-Hsin Electric & Machinery Mfg ranks #1813 out of 2252 companies for Cyclically Adjusted PB Ratio. This places Chung-Hsin Electric & Machinery Mfg in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Chung-Hsin Electric & Machinery Mfg's value of 5.29 is 155.6% above this benchmark. Historically, Chung-Hsin Electric & Machinery Mfg's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 8.99 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.07, Chung-Hsin Electric & Machinery Mfg 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,252 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. Chung-Hsin Electric & Machinery Mfg's current Cyclically Adjusted PB Ratio of 5.29 is 155.6% 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 Chung-Hsin Electric & Machinery Mfg and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung-Hsin Electric & Machinery Mfg's current Cyclically Adjusted PB Ratio is 5.29, which is 86% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung-Hsin Electric & Machinery Mfg stock overvalued right now?
Based on GuruFocus' analysis, Chung-Hsin Electric & Machinery Mfg (TPE:1513) is currently considered Fairly Valued. The stock's GF Value™ is NT$169.86, compared to a current price of NT$157.50 — trading 7.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.29, which is 86% above median its 10-year median of 2.84 and 155.6% above the Industrial Products industry median of 2.07. Chung-Hsin Electric & Machinery Mfg's overall GF Score™ is 97/100 with 1 warning sign 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 Chung-Hsin Electric & Machinery Mfg (TPE:1513), the current Cyclically Adjusted PB Ratio is 5.29 as of Aug. 08, 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 Chung-Hsin Electric & Machinery Mfg (TPE:1513) Overvalued in 2026?

Based on GuruFocus' analysis, Chung-Hsin Electric & Machinery Mfg stock appears to be undervalued. The current stock price of NT$157.50 is trading 7.3% below its estimated GF Value™ of NT$169.86. GuruFocus considers Chung-Hsin Electric & Machinery Mfg to be Fairly Valued.

Key valuation signals for TPE:1513:

  • Cyclically Adjusted PB Ratio: 5.29 (86% above median its 10-year median of 2.84)
  • GF Value™: NT$169.86 vs. price of NT$157.50 (7.3% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 155.6% above the Industrial Products median (#1813 of 2252)

No single metric tells the full story. See the TPE:1513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung-Hsin Electric & Machinery Mfg Business Description

Address No. 25, Wende Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383
Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers, and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and others. The company generates maximum revenue from the Electricity Power segment.
97GF Score

Get the complete analysis for TPE:1513

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

NT$157.50
Price
NT$169.86
GF Value