Rexon Industrial (TPE:1515) Cyclically Adjusted PB Ratio: 1.46 (As of Aug. 10, 2026) — 34% Below Median

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TPE:1515 Rexon Industrial Corp Ltd TPE:1515
67 GF Score
Price NT$31.20
GF Value NT$33.26
Valuation Fairly Valued
! 4 Warning Signs
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What is Rexon Industrial Cyclically Adjusted PB Ratio?

Rexon Industrial TPE:1515 +2.63% 67 Cyclically Adjusted PB Ratio is 1.46 as of Aug. 10, 2026, which is 34% below its 10-year median of 2.22. GuruFocus rates TPE:1515 with a GF Score™ of 67/100 and a GF Value™ of NT$33.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 643 Travel & Leisure companies, Rexon Industrial ranks worse than 54.28% on this metric.

As of today (2026-08-10), Rexon Industrial's current share price is NT$31.20. Rexon Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.30. Rexon Industrial's Cyclically Adjusted PB Ratio for today is 1.46.

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

TPE:1515' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 2.22   Max: 7.16
Current: 1.43

During the past years, Rexon Industrial's highest Cyclically Adjusted PB Ratio was 7.16. The lowest was 1.02. And the median was 2.22.

TPE:1515's Cyclically Adjusted PB Ratio is ranked worse than
54.28% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs TPE:1515: 1.43

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.

Rexon Industrial's adjusted book value per share data for the three months ended in Mar. 2026 was NT$21.411. 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$21.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rexon Industrial  (TPE:1515) 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.


Rexon Industrial Cyclically Adjusted PB Ratio Related Terms


Rexon Industrial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rexon Industrial'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.

Rexon Industrial Cyclically Adjusted PB Ratio Chart

Rexon Industrial 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 3.46 1.67 2.73 1.51 1.32

Rexon Industrial 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 1.52 1.31 1.38 1.32 1.11

TPE:1515 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Rexon Industrial'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.


Rexon Industrial Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rexon Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:1515
67GF Score
Rexon Industrial Corp Ltd TPE:1515
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rexon Industrial 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.20/21.30
=1.46

* 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.

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

For example, Rexon Industrial'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)
=21.411/330.2130*330.2130
=21.411

Current CPI (Mar. 2026) = 330.2130.

Rexon Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.544 241.018 17.186
201609 12.783 241.428 17.484
201612 12.739 241.432 17.423
201703 12.457 243.801 16.872
201706 12.289 244.955 16.566
201709 13.109 246.819 17.538
201712 13.632 246.524 18.260
201803 13.635 249.554 18.042
201806 13.010 251.989 17.049
201809 13.276 252.439 17.366
201812 13.935 251.233 18.316
201903 18.578 254.202 24.133
201906 16.938 256.143 21.836
201909 17.747 256.759 22.824
201912 18.905 256.974 24.293
202003 19.033 258.115 24.349
202006 16.977 257.797 21.746
202009 18.343 260.280 23.271
202012 20.587 260.474 26.099
202103 18.752 264.877 23.377
202106 20.034 271.696 24.349
202109 21.431 274.310 25.799
202112 23.282 278.802 27.575
202203 20.131 287.504 23.121
202206 19.615 296.311 21.859
202209 19.448 296.808 21.637
202212 19.197 296.797 21.358
202303 18.787 301.836 20.553
202306 18.773 305.109 20.318
202309 20.077 307.789 21.540
202312 20.908 306.746 22.508
202403 21.184 312.332 22.397
202406 21.753 314.175 22.863
202409 21.756 315.301 22.785
202412 21.739 315.605 22.745
202503 20.852 319.799 21.531
202506 20.044 322.561 20.519
202509 20.560 324.800 20.903
202512 21.832 324.054 22.247
202603 21.411 330.213 21.411

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 1.46 mean?
Rexon Industrial (TPE:1515) has a Cyclically Adjusted PB Ratio of 1.46 as of Aug. 10, 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 Rexon Industrial and its competitors. This is 34% below median its historical median of 2.22. Over the past decade, Rexon Industrial's Cyclically Adjusted PB Ratio has ranged from 1.02 to 7.16. According to the industry distribution chart, Rexon Industrial ranks #349 out of 643 companies in the Travel & Leisure industry, placing it in the top 54.3%.
Is Rexon Industrial's Cyclically Adjusted PB Ratio too high?
Rexon Industrial's current Cyclically Adjusted PB Ratio of 1.46 is 34% below median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 7.16. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Rexon Industrial's value of 1.46 is 20.7% above this industry median. Based on the distribution chart, Rexon Industrial ranks #349 out of 643 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Rexon Industrial has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rexon Industrial's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Rexon Industrial ranks #349 out of 643 companies for Cyclically Adjusted PB Ratio. This places Rexon Industrial in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Rexon Industrial's value of 1.46 is 20.7% above this benchmark. Historically, Rexon Industrial's own Cyclically Adjusted PB Ratio has ranged from 1.02 to 7.16 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.21, Rexon Industrial 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 643 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. Rexon Industrial's current Cyclically Adjusted PB Ratio of 1.46 is 20.7% 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 Rexon Industrial and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rexon Industrial's current Cyclically Adjusted PB Ratio is 1.46, which is 34% below median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rexon Industrial stock overvalued right now?
Based on GuruFocus' analysis, Rexon Industrial (TPE:1515) is currently considered Fairly Valued. The stock's GF Value™ is NT$33.26, compared to a current price of NT$31.20 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is 34% below median its 10-year median of 2.22 and 20.7% above the Travel & Leisure industry median of 1.21. Rexon Industrial's overall GF Score™ is 67/100 with 4 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 Rexon Industrial (TPE:1515), the current Cyclically Adjusted PB Ratio is 1.46 as of Aug. 10, 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 Rexon Industrial (TPE:1515) Overvalued in 2026?

Based on GuruFocus' analysis, Rexon Industrial stock appears to be undervalued. The current stock price of NT$31.20 is trading 6.2% below its estimated GF Value™ of NT$33.26. GuruFocus considers Rexon Industrial to be Fairly Valued.

Key valuation signals for TPE:1515:

  • Cyclically Adjusted PB Ratio: 1.46 (34% below median its 10-year median of 2.22)
  • GF Value™: NT$33.26 vs. price of NT$31.20 (6.2% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 20.7% above the Travel & Leisure median (#349 of 643)

No single metric tells the full story. See the TPE:1515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rexon Industrial Business Description

Address No. 261, Jen Hwa Road, Tali, Taichung, TWN, 412
Rexon Industrial Corp Ltd is engaged in the business of manufacturing and selling drills, woodworking tools and fitness equipment. The group has only one reportable segment, which is the automatic facilities and fitness equipment segment. The majority of revenue from the sale of fitness equipment. Geographically, it generates the maximum revenue from America, followed by Europe, Asia, and Others.
67GF Score

Get the complete analysis for TPE:1515

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

NT$31.20
Price
NT$33.26
GF Value