Kian Shen (TPE:1525) Cyclically Adjusted PB Ratio: 0.98 (As of Aug. 09, 2026) — Near Median

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TPE:1525 Kian Shen Corp TPE:1525
76 GF Score
Price NT$68.70
GF Value NT$58.48
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kian Shen Cyclically Adjusted PB Ratio?

Kian Shen TPE:1525 -0.15% 76 Cyclically Adjusted PB Ratio is 0.98 as of Aug. 09, 2026, which is 9% below its 10-year median of 1.08. GuruFocus rates TPE:1525 with a GF Score™ of 76/100 and a GF Value™ of NT$58.48 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,009 Vehicles & Parts companies, Kian Shen ranks better than 60.46% on this metric.

As of today (2026-08-09), Kian Shen's current share price is NT$68.70. Kian Shen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$70.05. Kian Shen's Cyclically Adjusted PB Ratio for today is 0.98.

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

TPE:1525' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.08   Max: 1.95
Current: 0.98

During the past years, Kian Shen's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.85. And the median was 1.08.

TPE:1525's Cyclically Adjusted PB Ratio is ranked better than
60.46% of 1009 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs TPE:1525: 0.98

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.

Kian Shen's adjusted book value per share data for the three months ended in Mar. 2026 was NT$69.360. 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$70.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kian Shen  (TPE:1525) 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.


Kian Shen Cyclically Adjusted PB Ratio Related Terms


Kian Shen Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kian Shen'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.

Kian Shen Cyclically Adjusted PB Ratio Chart

Kian Shen 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 1.14 0.96 1.24 0.91 0.94

Kian Shen 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 0.91 0.92 0.99 0.94 0.89

TPE:1525 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Kian Shen'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.


Kian Shen Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kian Shen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:1525
76GF Score
Kian Shen Corp TPE:1525
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kian Shen 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.

Kian Shen's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=68.70/70.05
=0.98

* 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.

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

For example, Kian Shen'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)
=69.36/330.2130*330.2130
=69.360

Current CPI (Mar. 2026) = 330.2130.

Kian Shen Quarterly Data

Book Value per Share CPI Adj_Book
201606 46.938 241.018 64.309
201609 47.287 241.428 64.677
201612 48.395 241.432 66.191
201703 48.036 243.801 65.062
201706 48.456 244.955 65.321
201709 51.124 246.819 68.398
201712 52.958 246.524 70.936
201803 56.302 249.554 74.500
201806 54.420 251.989 71.313
201809 53.715 252.439 70.264
201812 56.037 251.233 73.653
201903 58.762 254.202 76.333
201906 56.373 256.143 72.675
201909 55.330 256.759 71.159
201912 55.977 256.974 71.931
202003 55.515 258.115 71.022
202006 54.011 257.797 69.183
202009 56.280 260.280 71.402
202012 58.910 260.474 74.682
202103 59.704 264.877 74.431
202106 58.006 271.696 70.499
202109 58.650 274.310 70.603
202112 60.476 278.802 71.628
202203 63.299 287.504 72.702
202206 61.277 296.311 68.288
202209 63.010 296.808 70.102
202212 62.940 296.797 70.026
202303 65.851 301.836 72.042
202306 62.589 305.109 67.739
202309 65.490 307.789 70.261
202312 65.181 306.746 70.168
202403 66.851 312.332 70.678
202406 64.994 314.175 68.312
202409 67.092 315.301 70.265
202412 67.985 315.605 71.132
202503 69.956 319.799 72.234
202506 61.604 322.561 63.065
202509 64.739 324.800 65.818
202512 68.373 324.054 69.673
202603 69.360 330.213 69.360

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 0.98 mean?
Kian Shen (TPE:1525) has a Cyclically Adjusted PB Ratio of 0.98 as of Aug. 09, 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 Kian Shen and its competitors. This is near median its historical median of 1.08. Over the past decade, Kian Shen's Cyclically Adjusted PB Ratio has ranged from 0.85 to 1.95. According to the industry distribution chart, Kian Shen ranks #399 out of 1009 companies in the Vehicles & Parts industry, placing it in the top 39.5%.
Is Kian Shen's Cyclically Adjusted PB Ratio too high?
Kian Shen's current Cyclically Adjusted PB Ratio of 0.98 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.95. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. Kian Shen's value of 0.98 is 23.4% below this industry median. Based on the distribution chart, Kian Shen ranks #399 out of 1009 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Kian Shen has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kian Shen's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kian Shen ranks #399 out of 1009 companies for Cyclically Adjusted PB Ratio. This puts Kian Shen in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Kian Shen's value of 0.98 is 23.4% below this benchmark. Historically, Kian Shen's own Cyclically Adjusted PB Ratio has ranged from 0.85 to 1.95 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.28, Kian Shen has consistently been below 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 1,009 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. Kian Shen's current Cyclically Adjusted PB Ratio of 0.98 is 23.4% below 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 Kian Shen and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kian Shen's current Cyclically Adjusted PB Ratio is 0.98, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kian Shen stock overvalued right now?
Based on GuruFocus' analysis, Kian Shen (TPE:1525) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$58.48, compared to a current price of NT$68.70 — trading 17.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is near median its 10-year median of 1.08 and 23.4% below the Vehicles & Parts industry median of 1.28. Kian Shen's overall GF Score™ is 76/100 with 6 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 Kian Shen (TPE:1525), the current Cyclically Adjusted PB Ratio is 0.98 as of Aug. 09, 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 Kian Shen (TPE:1525) Overvalued in 2026?

Based on GuruFocus' analysis, Kian Shen stock appears to be overvalued. The current stock price of NT$68.70 is trading 17.5% above its estimated GF Value™ of NT$58.48. GuruFocus considers Kian Shen to be Modestly Overvalued.

Key valuation signals for TPE:1525:

  • Cyclically Adjusted PB Ratio: 0.98 (near median its 10-year median of 1.08)
  • GF Value™: NT$58.48 vs. price of NT$68.70 (17.5% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 23.4% below the Vehicles & Parts median (#399 of 1009)

No single metric tells the full story. See the TPE:1525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kian Shen Business Description

Address No. 100, Xinjiang Road, Yangmei District, Taoyuan, TWN
Kian Shen Corp is engaged in the manufacture and sale of automobile body beams, stamping molds, and woodworking products. It provides automobile frames which include products for large, medium, and small-size trucks and coaches. The company has two operating segments; the Manufacturing department, and the Investment department. It derives a majority of its revenue from the manufacturing segment.
76GF Score

Get the complete analysis for TPE:1525

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

NT$68.70
Price
NT$58.48
GF Value