China Ecotek (TPE:1535) Cyclically Adjusted PB Ratio: 1.47 (As of Aug. 04, 2026) — Near Median

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TPE:1535 China Ecotek Corp TPE:1535
86 GF Score
Price NT$46.20
GF Value NT$65.33
Valuation Modestly Undervalued
! 1 Warning Sign
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What is China Ecotek Cyclically Adjusted PB Ratio?

China Ecotek TPE:1535 +0.87% 86 Cyclically Adjusted PB Ratio is 1.47 as of Aug. 04, 2026, which is 5% below its 10-year median of 1.54. GuruFocus rates TPE:1535 with a GF Score™ of 86/100 and a GF Value™ of NT$65.33 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,261 Industrial Products companies, China Ecotek ranks better than 62.54% on this metric.

As of today (2026-08-04), China Ecotek's current share price is NT$46.20. China Ecotek's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$31.49. China Ecotek's Cyclically Adjusted PB Ratio for today is 1.47.

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

TPE:1535' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.54   Max: 2.86
Current: 1.45

During the past years, China Ecotek's highest Cyclically Adjusted PB Ratio was 2.86. The lowest was 1.00. And the median was 1.54.

TPE:1535's Cyclically Adjusted PB Ratio is ranked better than
62.54% of 2261 companies
in the Industrial Products industry
Industry Median: 2.07 vs TPE:1535: 1.45

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 Ecotek's adjusted book value per share data for the three months ended in Mar. 2026 was NT$32.078. 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$31.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Ecotek  (TPE:1535) 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 Ecotek Cyclically Adjusted PB Ratio Related Terms


China Ecotek Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Ecotek'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 Ecotek Cyclically Adjusted PB Ratio Chart

China Ecotek 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 1.40 1.41 1.82 1.96 1.71

China Ecotek 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 1.84 1.84 1.75 1.71 1.66

TPE:1535 vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, China Ecotek'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 Ecotek Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TPE:1535
86GF Score
China Ecotek Corp TPE:1535
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Ecotek 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 Ecotek's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.20/31.49
=1.47

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

For example, China Ecotek'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)
=32.078/330.2130*330.2130
=32.078

Current CPI (Mar. 2026) = 330.2130.

China Ecotek Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.875 241.018 35.451
201609 26.053 241.428 35.634
201612 25.911 241.432 35.439
201703 25.317 243.801 34.290
201706 23.858 244.955 32.162
201709 24.413 246.819 32.662
201712 24.748 246.524 33.149
201803 24.960 249.554 33.027
201806 24.106 251.989 31.589
201809 23.958 252.439 31.339
201812 24.226 251.233 31.842
201903 24.613 254.202 31.973
201906 23.857 256.143 30.756
201909 23.876 256.759 30.706
201912 23.962 256.974 30.791
202003 24.019 258.115 30.728
202006 23.187 257.797 29.700
202009 23.446 260.280 29.746
202012 23.923 260.474 30.328
202103 24.685 264.877 30.774
202106 24.570 271.696 29.862
202109 25.423 274.310 30.604
202112 26.102 278.802 30.915
202203 27.423 287.504 31.497
202206 26.369 296.311 29.386
202209 27.711 296.808 30.830
202212 28.374 296.797 31.569
202303 29.554 301.836 32.333
202306 27.545 305.109 29.811
202309 28.526 307.789 30.604
202312 29.587 306.746 31.850
202403 30.432 312.332 32.174
202406 28.118 314.175 29.553
202409 29.143 315.301 30.521
202412 30.244 315.605 31.644
202503 31.298 319.799 32.317
202506 28.031 322.561 28.696
202509 29.313 324.800 29.802
202512 30.888 324.054 31.475
202603 32.078 330.213 32.078

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 1.47 mean?
China Ecotek (TPE:1535) has a Cyclically Adjusted PB Ratio of 1.47 as of Aug. 04, 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 Ecotek and its competitors. This is near median its historical median of 1.54. Over the past decade, China Ecotek's Cyclically Adjusted PB Ratio has ranged from 1.00 to 2.86. According to the industry distribution chart, China Ecotek ranks #847 out of 2261 companies in the Industrial Products industry, placing it in the top 37.5%.
Is China Ecotek's Cyclically Adjusted PB Ratio too high?
China Ecotek's current Cyclically Adjusted PB Ratio of 1.47 is near median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 2.86. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. China Ecotek's value of 1.47 is 29% below this industry median. Based on the distribution chart, China Ecotek ranks #847 out of 2261 companies in the Industrial Products industry, which is above the industry midpoint. Overall, China Ecotek has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Ecotek's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, China Ecotek ranks #847 out of 2261 companies for Cyclically Adjusted PB Ratio. This puts China Ecotek in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. China Ecotek's value of 1.47 is 29% below this benchmark. Historically, China Ecotek's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 2.86 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 2.07, China Ecotek 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 2,261 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 Ecotek's current Cyclically Adjusted PB Ratio of 1.47 is 29% 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 Ecotek 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 Ecotek's current Cyclically Adjusted PB Ratio is 1.47, which is near median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Ecotek stock overvalued right now?
Based on GuruFocus' analysis, China Ecotek (TPE:1535) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$65.33, compared to a current price of NT$46.20 — trading 29.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.47, which is near median its 10-year median of 1.54 and 29% below the Industrial Products industry median of 2.07. China Ecotek's overall GF Score™ is 86/100 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 China Ecotek (TPE:1535), the current Cyclically Adjusted PB Ratio is 1.47 as of Aug. 04, 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 Ecotek (TPE:1535) Overvalued in 2026?

Based on GuruFocus' analysis, China Ecotek stock appears to be undervalued. The current stock price of NT$46.20 is trading 29.3% below its estimated GF Value™ of NT$65.33. GuruFocus considers China Ecotek to be Modestly Undervalued.

Key valuation signals for TPE:1535:

  • Cyclically Adjusted PB Ratio: 1.47 (near median its 10-year median of 1.54)
  • GF Value™: NT$65.33 vs. price of NT$46.20 (29.3% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 29% below the Industrial Products median (#847 of 2261)

No single metric tells the full story. See the TPE:1535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Ecotek Business Description

Address Chenggong 2nd Road, No.88, 8th Floor, Qianzhen District, Kaohsiung City, TWN, 80661
China Ecotek Corp is engaged in the planning, design, installation, maintenance, and environmental impact assessment for environmental protection equipment, cogeneration equipment, and steel industry equipment. The company and its subsidiaries mainly operate in two regions - Taiwan and Vietnam.
86GF Score

Get the complete analysis for TPE:1535

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

NT$46.20
Price
NT$65.33
GF Value