Jenn Feng Industrial Tools Co (TPE:1538) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1538 Jenn Feng Industrial Tools Co Ltd TPE:1538
43 GF Score
Price NT$10.20
GF Value NT$9.62
Valuation Fairly Valued
! 5 Warning Signs
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What is Jenn Feng Industrial Tools Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jenn Feng Industrial Tools Co  (TPE:1538) 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.


Jenn Feng Industrial Tools Co Cyclically Adjusted PB Ratio Related Terms


Jenn Feng Industrial Tools Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jenn Feng Industrial Tools 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.

Jenn Feng Industrial Tools Co Cyclically Adjusted PB Ratio Chart

Jenn Feng Industrial Tools 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 0.32 0.29 0.74 0.69 0.81

Jenn Feng Industrial Tools 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 0.66 0.72 0.77 0.81 0.44

TPE:1538 vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Jenn Feng Industrial Tools 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.


Jenn Feng Industrial Tools Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Jenn Feng Industrial Tools Co's Cyclically Adjusted PB Ratio falls into.


TPE:1538
43GF Score
Jenn Feng Industrial Tools Co Ltd TPE:1538
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jenn Feng Industrial Tools 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.

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

For example, Jenn Feng Industrial Tools 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)
=3.91/330.2130*330.2130
=3.910

Current CPI (Mar. 2026) = 330.2130.

Jenn Feng Industrial Tools Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 79.214 241.018 108.529
201609 77.098 241.428 105.451
201612 64.362 241.432 88.030
201703 63.729 243.801 86.317
201706 51.792 244.955 69.819
201709 48.323 246.819 64.650
201712 46.458 246.524 62.229
201803 43.242 249.554 57.218
201806 40.100 251.989 52.548
201809 37.014 252.439 48.418
201812 34.499 251.233 45.344
201903 30.907 254.202 40.149
201906 29.247 256.143 37.704
201909 25.871 256.759 33.272
201912 15.879 256.974 20.405
202003 23.971 258.115 30.667
202006 22.165 257.797 28.391
202009 19.601 260.280 24.867
202012 15.373 260.474 19.489
202103 13.525 264.877 16.861
202106 11.955 271.696 14.530
202109 10.331 274.310 12.436
202112 3.003 278.802 3.557
202203 1.962 287.504 2.253
202206 4.739 296.311 5.281
202209 4.735 296.808 5.268
202212 4.248 296.797 4.726
202303 7.568 301.836 8.280
202306 7.573 305.109 8.196
202309 7.125 307.789 7.644
202312 6.738 306.746 7.253
202403 6.556 312.332 6.931
202406 6.296 314.175 6.617
202409 5.825 315.301 6.100
202412 5.832 315.605 6.102
202503 5.628 319.799 5.811
202506 4.941 322.561 5.058
202509 4.571 324.800 4.647
202512 4.279 324.054 4.360
202603 3.910 330.213 3.910

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.

Is Jenn Feng Industrial Tools Co (TPE:1538) Overvalued in 2026?

Based on GuruFocus' analysis, Jenn Feng Industrial Tools Co stock appears to be overvalued. The current stock price of NT$10.20 is trading 6% above its estimated GF Value™ of NT$9.62. GuruFocus considers Jenn Feng Industrial Tools Co to be Fairly Valued.

Key valuation signals for TPE:1538:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$9.62 vs. price of NT$10.20 (6% above fair value)
  • GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the TPE:1538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jenn Feng Industrial Tools Co Business Description

Address Lane. 576, Sec. 6, Minzu Road, No. 28, Zhongli District, Taoyuan City, TWN, 320010
Jenn Feng Industrial Tools Co Ltd is a Taiwan-based company engaged in the manufacturing and sale of electrical tools, hand tools, and gardening tools. The group designs and manufactures power tools, high-intensity discharge (HID) lights, LED lights, and others. The other products manufactured by the group are garden tools, automotive lighting, garden lighting, brushless motors, and other related products.
43GF Score

Get the complete analysis for TPE:1538

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

NT$10.20
Price
NT$9.62
GF Value