Fortune Electric Co (TPE:1519) Cyclically Adjusted PB Ratio: 44.63 (As of Aug. 08, 2026) — 850% Above Median

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TPE:1519 Fortune Electric Co Ltd TPE:1519
94 GF Score
Price NT$653.00
GF Value NT$700.24
Valuation Fairly Valued
View Full Analysis

What is Fortune Electric Co Cyclically Adjusted PB Ratio?

Fortune Electric Co TPE:1519 -1.36% 94 Cyclically Adjusted PB Ratio is 44.63 as of Aug. 08, 2026, which is 850% above its 10-year median of 4.70. GuruFocus rates TPE:1519 with a GF Score™ of 94/100 and a GF Value™ of NT$700.24 (Fairly Valued). Among 2,252 Industrial Products companies, Fortune Electric Co ranks worse than 99.42% on this metric.

As of today (2026-08-08), Fortune Electric Co's current share price is NT$653.00. Fortune Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$14.63. Fortune Electric Co's Cyclically Adjusted PB Ratio for today is 44.63.

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

TPE:1519' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.69   Med: 4.7   Max: 69.09
Current: 44.64

During the past years, Fortune Electric Co's highest Cyclically Adjusted PB Ratio was 69.09. The lowest was 1.69. And the median was 4.70.

TPE:1519's Cyclically Adjusted PB Ratio is ranked worse than
99.42% of 2252 companies
in the Industrial Products industry
Industry Median: 2.07 vs TPE:1519: 44.64

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.

Fortune Electric Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$23.710. 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$14.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Electric Co  (TPE:1519) 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.


Fortune Electric Co Cyclically Adjusted PB Ratio Related Terms


Fortune Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fortune Electric 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.

Fortune Electric Co Cyclically Adjusted PB Ratio Chart

Fortune Electric 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 2.77 3.36 21.54 37.16 49.39

Fortune Electric 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 28.84 35.13 38.66 49.39 48.91

TPE:1519 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Fortune Electric 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.


Fortune Electric Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TPE:1519
94GF Score
Fortune Electric Co Ltd TPE:1519
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortune Electric 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.

Fortune Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=653.00/14.63
=44.63

* 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.

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

For example, Fortune Electric 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)
=23.71/330.2130*330.2130
=23.710

Current CPI (Mar. 2026) = 330.2130.

Fortune Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.028 241.018 12.369
201609 9.395 241.428 12.850
201612 9.360 241.432 12.802
201703 9.461 243.801 12.814
201706 9.010 244.955 12.146
201709 8.969 246.819 11.999
201712 8.961 246.524 12.003
201803 8.727 249.554 11.548
201806 8.279 251.989 10.849
201809 8.303 252.439 10.861
201812 8.828 251.233 11.603
201903 9.263 254.202 12.033
201906 8.755 256.143 11.287
201909 9.119 256.759 11.728
201912 9.724 256.974 12.495
202003 8.980 258.115 11.488
202006 9.203 257.797 11.788
202009 9.729 260.280 12.343
202012 10.208 260.474 12.941
202103 9.253 264.877 11.535
202106 9.391 271.696 11.414
202109 9.523 274.310 11.464
202112 10.012 278.802 11.858
202203 9.458 287.504 10.863
202206 10.111 296.311 11.268
202209 10.484 296.808 11.664
202212 11.925 296.797 13.268
202303 10.642 301.836 11.643
202306 12.241 305.109 13.248
202309 14.196 307.789 15.230
202312 17.344 306.746 18.671
202403 14.607 312.332 15.443
202406 17.209 314.175 18.087
202409 20.736 315.301 21.717
202412 24.989 315.605 26.146
202503 20.037 319.799 20.689
202506 22.088 322.561 22.612
202509 25.216 324.800 25.636
202512 30.458 324.054 31.037
202603 23.710 330.213 23.710

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 44.63 mean?
Fortune Electric Co (TPE:1519) has a Cyclically Adjusted PB Ratio of 44.63 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 Fortune Electric Co and its competitors. This is 850% above median its historical median of 4.70. Over the past decade, Fortune Electric Co's Cyclically Adjusted PB Ratio has ranged from 1.69 to 69.09. According to the industry distribution chart, Fortune Electric Co ranks #2239 out of 2252 companies in the Industrial Products industry, placing it in the top 99.4%.
Is Fortune Electric Co's Cyclically Adjusted PB Ratio too high?
Fortune Electric Co's current Cyclically Adjusted PB Ratio of 44.63 is 850% above median its 10-year median of 4.70. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 69.09. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Fortune Electric Co's value of 44.63 is 2056% above this industry median. Based on the distribution chart, Fortune Electric Co ranks #2239 out of 2252 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fortune Electric Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortune Electric Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fortune Electric Co ranks #2239 out of 2252 companies for Cyclically Adjusted PB Ratio. This places Fortune Electric Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Fortune Electric Co's value of 44.63 is 2056% above this benchmark. Historically, Fortune Electric Co's own Cyclically Adjusted PB Ratio has ranged from 1.69 to 69.09 over the past decade. While the company's 10-year median is 4.70 vs. the industry median of 2.07, Fortune Electric 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 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. Fortune Electric Co's current Cyclically Adjusted PB Ratio of 44.63 is 2056% 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 Fortune Electric Co 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. Fortune Electric Co's current Cyclically Adjusted PB Ratio is 44.63, which is 850% above median its own 10-year median of 4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Fortune Electric Co (TPE:1519) is currently considered Fairly Valued. The stock's GF Value™ is NT$700.24, compared to a current price of NT$653.00 — trading 6.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 44.63, which is 850% above median its 10-year median of 4.70 and 2056% above the Industrial Products industry median of 2.07. Fortune Electric Co's overall GF Score™ is 94/100. 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 Fortune Electric Co (TPE:1519), the current Cyclically Adjusted PB Ratio is 44.63 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 Fortune Electric Co (TPE:1519) Overvalued in 2026?

Based on GuruFocus' analysis, Fortune Electric Co stock appears to be undervalued. The current stock price of NT$653.00 is trading 6.7% below its estimated GF Value™ of NT$700.24. GuruFocus considers Fortune Electric Co to be Fairly Valued.

Key valuation signals for TPE:1519:

  • Cyclically Adjusted PB Ratio: 44.63 (850% above median its 10-year median of 4.70)
  • GF Value™: NT$700.24 vs. price of NT$653.00 (6.7% below fair value)
  • GF Score™: 94/100
  • Industry Position: 2056% above the Industrial Products median (#2239 of 2252)

No single metric tells the full story. See the TPE:1519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortune Electric Co Business Description

Address No. 10, Jilin Road, Zhongli District, Taoyuan, TWN, 32063
Fortune Electric Co Ltd manufactures, processes and trades transformers, distribution panels, low voltage switches and substation equipment. Its products include Power Transformer, Distribution Transformer, Cast Resin Transformer, Amorphous Metal Core Transformer, Metal-Clad Switchgear, Gas Insulated Switch, Switchgear Panel, Motor Control Center, and Transmission And Distribution Apparatus. Its segments are Electrical Department and Turnkey Department. The electrical department manufactures, processes and trades transformers, distributors, low pressure switches and substation equipment; and the turnkey department mainly engages in engineering contracts. The electrical department segment derives majority of the revenue. Geographically it operates in North America, Taiwan, Asia, and Others.
94GF Score

Get the complete analysis for TPE:1519

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

NT$653.00
Price
NT$700.24
GF Value