Hota Industrial Mfg Co (TPE:1536) Cyclically Adjusted PB Ratio: 1.58 (As of Aug. 06, 2026) — 48% Below Median

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TPE:1536 Hota Industrial Mfg Co Ltd TPE:1536
59 GF Score
Price NT$51.00
GF Value NT$50.38
Valuation Fairly Valued
! 8 Warning Signs
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What is Hota Industrial Mfg Co Cyclically Adjusted PB Ratio?

Hota Industrial Mfg Co TPE:1536 -1.16% 59 Cyclically Adjusted PB Ratio is 1.58 as of Aug. 06, 2026, which is 48% below its 10-year median of 3.01. GuruFocus rates TPE:1536 with a GF Score™ of 59/100 and a GF Value™ of NT$50.38 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,013 Vehicles & Parts companies, Hota Industrial Mfg Co ranks worse than 56.66% on this metric.

As of today (2026-08-06), Hota Industrial Mfg Co's current share price is NT$51.00. Hota Industrial Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$32.31. Hota Industrial Mfg Co's Cyclically Adjusted PB Ratio for today is 1.58.

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

TPE:1536' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 3.01   Max: 7.86
Current: 1.58

During the past years, Hota Industrial Mfg Co's highest Cyclically Adjusted PB Ratio was 7.86. The lowest was 1.46. And the median was 3.01.

TPE:1536's Cyclically Adjusted PB Ratio is ranked worse than
56.66% of 1013 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs TPE:1536: 1.58

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.

Hota Industrial Mfg Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$26.981. 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$32.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hota Industrial Mfg Co  (TPE:1536) 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.


Hota Industrial Mfg Co Cyclically Adjusted PB Ratio Related Terms


Hota Industrial Mfg Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hota Industrial Mfg 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.

Hota Industrial Mfg Co Cyclically Adjusted PB Ratio Chart

Hota Industrial Mfg 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 4.21 2.67 2.16 2.26 1.76

Hota Industrial Mfg 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 2.06 1.86 2.00 1.76 1.52

TPE:1536 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Hota Industrial Mfg 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.


Hota Industrial Mfg Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


TPE:1536
59GF Score
Hota Industrial Mfg Co Ltd TPE:1536
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hota Industrial Mfg 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.

Hota Industrial Mfg Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.00/32.31
=1.58

* 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.

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

For example, Hota Industrial Mfg 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)
=26.981/330.2130*330.2130
=26.981

Current CPI (Mar. 2026) = 330.2130.

Hota Industrial Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.124 241.018 20.721
201609 16.021 241.428 21.913
201612 17.189 241.432 23.510
201703 25.093 243.801 33.987
201706 23.060 244.955 31.086
201709 24.265 246.819 32.464
201712 25.393 246.524 34.013
201803 26.495 249.554 35.059
201806 24.296 251.989 31.838
201809 25.344 252.439 33.152
201812 26.344 251.233 34.626
201903 27.089 254.202 35.189
201906 24.327 256.143 31.362
201909 25.026 256.759 32.185
201912 25.385 256.974 32.620
202003 25.722 258.115 32.907
202006 23.946 257.797 30.673
202009 23.980 260.280 30.423
202012 24.959 260.474 31.641
202103 31.046 264.877 38.704
202106 31.359 271.696 38.113
202109 30.794 274.310 37.070
202112 30.850 278.802 36.539
202203 30.997 287.504 35.602
202206 30.160 296.311 33.611
202209 31.465 296.808 35.006
202212 31.660 296.797 35.225
202303 31.955 301.836 34.959
202306 31.194 305.109 33.761
202309 31.541 307.789 33.839
202312 31.209 306.746 33.597
202403 31.707 312.332 33.522
202406 30.948 314.175 32.528
202409 30.902 315.301 32.363
202412 31.581 315.605 33.043
202503 31.245 319.799 32.262
202506 28.510 322.561 29.186
202509 28.444 324.800 28.918
202512 27.779 324.054 28.307
202603 26.981 330.213 26.981

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 1.58 mean?
Hota Industrial Mfg Co (TPE:1536) has a Cyclically Adjusted PB Ratio of 1.58 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 Hota Industrial Mfg Co and its competitors. This is 48% below median its historical median of 3.01. Over the past decade, Hota Industrial Mfg Co's Cyclically Adjusted PB Ratio has ranged from 1.46 to 7.86. According to the industry distribution chart, Hota Industrial Mfg Co ranks #574 out of 1013 companies in the Vehicles & Parts industry, placing it in the top 56.7%.
Is Hota Industrial Mfg Co's Cyclically Adjusted PB Ratio too high?
Hota Industrial Mfg Co's current Cyclically Adjusted PB Ratio of 1.58 is 48% below median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 7.86. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Hota Industrial Mfg Co's value of 1.58 is 25.4% above this industry median. Based on the distribution chart, Hota Industrial Mfg Co ranks #574 out of 1013 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Hota Industrial Mfg Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hota Industrial Mfg Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hota Industrial Mfg Co ranks #574 out of 1013 companies for Cyclically Adjusted PB Ratio. This places Hota Industrial Mfg Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Hota Industrial Mfg Co's value of 1.58 is 25.4% above this benchmark. Historically, Hota Industrial Mfg Co's own Cyclically Adjusted PB Ratio has ranged from 1.46 to 7.86 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 1.26, Hota Industrial Mfg 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,013 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. Hota Industrial Mfg Co's current Cyclically Adjusted PB Ratio of 1.58 is 25.4% 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 Hota Industrial Mfg Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hota Industrial Mfg Co's current Cyclically Adjusted PB Ratio is 1.58, which is 48% below median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hota Industrial Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Hota Industrial Mfg Co (TPE:1536) is currently considered Fairly Valued. The stock's GF Value™ is NT$50.38, compared to a current price of NT$51.00 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.58, which is 48% below median its 10-year median of 3.01 and 25.4% above the Vehicles & Parts industry median of 1.26. Hota Industrial Mfg Co's overall GF Score™ is 59/100 with 8 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 Hota Industrial Mfg Co (TPE:1536), the current Cyclically Adjusted PB Ratio is 1.58 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 Hota Industrial Mfg Co (TPE:1536) Overvalued in 2026?

Based on GuruFocus' analysis, Hota Industrial Mfg Co stock appears to be overvalued. The current stock price of NT$51.00 is trading 1.2% above its estimated GF Value™ of NT$50.38. GuruFocus considers Hota Industrial Mfg Co to be Fairly Valued.

Key valuation signals for TPE:1536:

  • Cyclically Adjusted PB Ratio: 1.58 (48% below median its 10-year median of 3.01)
  • GF Value™: NT$50.38 vs. price of NT$51.00 (1.2% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 25.4% above the Vehicles & Parts median (#574 of 1013)

No single metric tells the full story. See the TPE:1536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hota Industrial Mfg Co Business Description

Address 115 Road Ren Hua, Dali District, Taichung, TWN, 42881
Hota Industrial Mfg Co Ltd is engaged in the manufacturing and trading of gear wheels, shafts and various transmission parts like for automobiles, motorbike, agricultural machinery, tooling machinery, etc.
59GF Score

Get the complete analysis for TPE:1536

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

NT$51.00
Price
NT$50.38
GF Value