China Metal Products Co (TPE:1532) Cyclically Adjusted PB Ratio: 0.55 (As of Aug. 06, 2026) — 43% Below Median

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TPE:1532 China Metal Products Co Ltd TPE:1532
67 GF Score
Price NT$21.65
GF Value NT$31.52
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is China Metal Products Co Cyclically Adjusted PB Ratio?

China Metal Products Co TPE:1532 +0.70% 67 Cyclically Adjusted PB Ratio is 0.55 as of Aug. 06, 2026, which is 43% below its 10-year median of 0.97. GuruFocus rates TPE:1532 with a GF Score™ of 67/100 and a GF Value™ of NT$31.52 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,254 Industrial Products companies, China Metal Products Co ranks better than 87.31% on this metric.

As of today (2026-08-06), China Metal Products Co's current share price is NT$21.65. China Metal Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$39.20. China Metal Products Co's Cyclically Adjusted PB Ratio for today is 0.55.

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

TPE:1532' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.97   Max: 1.46
Current: 0.55

During the past years, China Metal Products Co's highest Cyclically Adjusted PB Ratio was 1.46. The lowest was 0.52. And the median was 0.97.

TPE:1532's Cyclically Adjusted PB Ratio is ranked better than
87.31% of 2254 companies
in the Industrial Products industry
Industry Median: 2.065 vs TPE:1532: 0.55

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.

China Metal Products Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$35.899. 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$39.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Metal Products Co  (TPE:1532) 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.


China Metal Products Co Cyclically Adjusted PB Ratio Related Terms


China Metal Products Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Metal Products 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.

China Metal Products Co Cyclically Adjusted PB Ratio Chart

China Metal Products 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 0.97 0.79 1.12 0.81 0.68

China Metal Products 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 0.75 0.68 0.70 0.68 0.55

TPE:1532 vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, China Metal Products 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.


China Metal Products Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where China Metal Products Co's Cyclically Adjusted PB Ratio falls into.


TPE:1532
67GF Score
China Metal Products Co Ltd TPE:1532
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Metal Products 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.

China Metal Products Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.65/39.20
=0.55

* 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.

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

For example, China Metal Products 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)
=35.899/330.2130*330.2130
=35.899

Current CPI (Mar. 2026) = 330.2130.

China Metal Products Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.210 241.018 41.390
201609 30.574 241.428 41.818
201612 31.128 241.432 42.575
201703 30.695 243.801 41.574
201706 29.747 244.955 40.101
201709 30.122 246.819 40.299
201712 30.230 246.524 40.492
201803 32.155 249.554 42.548
201806 30.727 251.989 40.265
201809 31.715 252.439 41.486
201812 33.079 251.233 43.478
201903 33.932 254.202 44.078
201906 31.419 256.143 40.505
201909 30.707 256.759 39.492
201912 30.861 256.974 39.657
202003 30.427 258.115 38.926
202006 29.430 257.797 37.697
202009 30.204 260.280 38.319
202012 31.975 260.474 40.536
202103 32.219 264.877 40.166
202106 31.216 271.696 37.939
202109 32.021 274.310 38.547
202112 33.964 278.802 40.227
202203 35.788 287.504 41.104
202206 33.426 296.311 37.250
202209 33.959 296.808 37.781
202212 34.183 296.797 38.032
202303 34.226 301.836 37.444
202306 33.089 305.109 35.812
202309 34.756 307.789 37.288
202312 35.181 306.746 37.872
202403 35.311 312.332 37.333
202406 37.601 314.175 39.520
202409 37.736 315.301 39.521
202412 36.796 315.605 38.499
202503 35.120 319.799 36.264
202506 33.059 322.561 33.843
202509 34.951 324.800 35.533
202512 36.209 324.054 36.897
202603 35.899 330.213 35.899

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 0.55 mean?
China Metal Products Co (TPE:1532) has a Cyclically Adjusted PB Ratio of 0.55 as of Aug. 06, 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 China Metal Products Co and its competitors. This is 43% below median its historical median of 0.97. Over the past decade, China Metal Products Co's Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.46. According to the industry distribution chart, China Metal Products Co ranks #286 out of 2254 companies in the Industrial Products industry, placing it in the top 12.7%.
Is China Metal Products Co's Cyclically Adjusted PB Ratio too high?
China Metal Products Co's current Cyclically Adjusted PB Ratio of 0.55 is 43% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.46. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. China Metal Products Co's value of 0.55 is 73.4% below this industry median. Based on the distribution chart, China Metal Products Co ranks #286 out of 2254 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, China Metal Products Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Metal Products Co's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, China Metal Products Co ranks #286 out of 2254 companies for Cyclically Adjusted PB Ratio. This places China Metal Products Co in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. China Metal Products Co's value of 0.55 is 73.4% below this benchmark. Historically, China Metal Products Co's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.46 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 2.07, China Metal Products Co 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,254 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. China Metal Products Co's current Cyclically Adjusted PB Ratio of 0.55 is 73.4% 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 China Metal Products 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. China Metal Products Co's current Cyclically Adjusted PB Ratio is 0.55, which is 43% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Metal Products Co stock overvalued right now?
Based on GuruFocus' analysis, China Metal Products Co (TPE:1532) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.52, compared to a current price of NT$21.65 — trading 31.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 43% below median its 10-year median of 0.97 and 73.4% below the Industrial Products industry median of 2.07. China Metal Products Co's overall GF Score™ is 67/100 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 China Metal Products Co (TPE:1532), the current Cyclically Adjusted PB Ratio is 0.55 as of Aug. 06, 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 China Metal Products Co (TPE:1532) Overvalued in 2026?

Based on GuruFocus' analysis, China Metal Products Co stock appears to be undervalued. The current stock price of NT$21.65 is trading 31.3% below its estimated GF Value™ of NT$31.52. GuruFocus considers China Metal Products Co to be Possible Value Trap.

Key valuation signals for TPE:1532:

  • Cyclically Adjusted PB Ratio: 0.55 (43% below median its 10-year median of 0.97)
  • GF Value™: NT$31.52 vs. price of NT$21.65 (31.3% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 73.4% below the Industrial Products median (#286 of 2254)

No single metric tells the full story. See the TPE:1532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Metal Products Co Business Description

Address No. 85, Ren\'ai Road, 4th Floor, Section 4, Da\'an District, Taipei, TWN, 106
China Metal Products Co Ltd business activities of the company are iron hardware manufacturing and casting, residents and commercial buildings developing, leasing and selling, acquisitions of the financial claims of financial institutions and department store retailing. The segments are Metal Manufacturing segment and Lifestyle Innovation segment. The company has presence in Taiwan, Unites States, Canada, Japan, China, Europe, South America and Others of which majority of revenue comes from Taiwan itself.
67GF Score

Get the complete analysis for TPE:1532

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

NT$21.65
Price
NT$31.52
GF Value