Chiu Ting Machinery Co (TPE:1539) Cyclically Adjusted PB Ratio: 0.64 (As of Aug. 08, 2026) — 43% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:1539 Chiu Ting Machinery Co Ltd TPE:1539
70 GF Score
Price NT$16.00
GF Value NT$16.17
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Chiu Ting Machinery Co Cyclically Adjusted PB Ratio?

Chiu Ting Machinery Co TPE:1539 -0.93% 70 Cyclically Adjusted PB Ratio is 0.64 as of Aug. 08, 2026, which is 43% below its 10-year median of 1.13. GuruFocus rates TPE:1539 with a GF Score™ of 70/100 and a GF Value™ of NT$16.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,252 Industrial Products companies, Chiu Ting Machinery Co ranks better than 84.9% on this metric.

As of today (2026-08-08), Chiu Ting Machinery Co's current share price is NT$16.00. Chiu Ting Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$24.91. Chiu Ting Machinery Co's Cyclically Adjusted PB Ratio for today is 0.64.

The historical rank and industry rank for Chiu Ting Machinery Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1539' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.13   Max: 2.55
Current: 0.64

During the past years, Chiu Ting Machinery Co's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.62. And the median was 1.13.

TPE:1539's Cyclically Adjusted PB Ratio is ranked better than
84.9% of 2252 companies
in the Industrial Products industry
Industry Median: 2.07 vs TPE:1539: 0.64

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.

Chiu Ting Machinery Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$24.511. 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$24.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chiu Ting Machinery Co  (TPE:1539) 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.


Chiu Ting Machinery Co Cyclically Adjusted PB Ratio Related Terms


Chiu Ting Machinery Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chiu Ting Machinery 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.

Chiu Ting Machinery Co Cyclically Adjusted PB Ratio Chart

Chiu Ting Machinery 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 1.25 1.43 1.12 0.97 0.71

Chiu Ting Machinery 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 0.86 0.81 0.72 0.71 0.65

TPE:1539 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Chiu Ting Machinery 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.


Chiu Ting Machinery Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Chiu Ting Machinery Co's Cyclically Adjusted PB Ratio falls into.


TPE:1539
70GF Score
Chiu Ting Machinery Co Ltd TPE:1539
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chiu Ting Machinery 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.

Chiu Ting Machinery Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.00/24.91
=0.64

* 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.

Chiu Ting Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chiu Ting Machinery 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)
=24.511/330.2130*330.2130
=24.511

Current CPI (Mar. 2026) = 330.2130.

Chiu Ting Machinery Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.502 241.018 21.239
201609 15.766 241.428 21.564
201612 16.897 241.432 23.110
201703 16.502 243.801 22.351
201706 16.013 244.955 21.586
201709 16.536 246.819 22.123
201712 16.864 246.524 22.589
201803 17.076 249.554 22.595
201806 17.127 251.989 22.444
201809 17.444 252.439 22.818
201812 20.840 251.233 27.391
201903 21.502 254.202 27.931
201906 20.030 256.143 25.822
201909 20.428 256.759 26.272
201912 20.137 256.974 25.876
202003 20.553 258.115 26.294
202006 19.608 257.797 25.116
202009 19.472 260.280 24.704
202012 19.138 260.474 24.262
202103 19.272 264.877 24.026
202106 19.457 271.696 23.648
202109 20.270 274.310 24.401
202112 20.535 278.802 24.322
202203 21.988 287.504 25.254
202206 24.244 296.311 27.018
202209 25.969 296.808 28.892
202212 25.727 296.797 28.624
202303 25.674 301.836 28.088
202306 23.584 305.109 25.524
202309 24.165 307.789 25.926
202312 24.204 306.746 26.056
202403 24.845 312.332 26.267
202406 24.653 314.175 25.911
202409 24.680 315.301 25.847
202412 25.046 315.605 26.205
202503 25.296 319.799 26.120
202506 23.770 322.561 24.334
202509 24.114 324.800 24.516
202512 24.429 324.054 24.893
202603 24.511 330.213 24.511

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 0.64 mean?
Chiu Ting Machinery Co (TPE:1539) has a Cyclically Adjusted PB Ratio of 0.64 as of Aug. 08, 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 Chiu Ting Machinery Co and its competitors. This is 43% below median its historical median of 1.13. Over the past decade, Chiu Ting Machinery Co's Cyclically Adjusted PB Ratio has ranged from 0.62 to 2.55. According to the industry distribution chart, Chiu Ting Machinery Co ranks #340 out of 2252 companies in the Industrial Products industry, placing it in the top 15.1%.
Is Chiu Ting Machinery Co's Cyclically Adjusted PB Ratio too high?
Chiu Ting Machinery Co's current Cyclically Adjusted PB Ratio of 0.64 is 43% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.55. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Chiu Ting Machinery Co's value of 0.64 is 69.1% below this industry median. Based on the distribution chart, Chiu Ting Machinery Co ranks #340 out of 2252 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chiu Ting Machinery Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chiu Ting Machinery Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chiu Ting Machinery Co ranks #340 out of 2252 companies for Cyclically Adjusted PB Ratio. This places Chiu Ting Machinery Co in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Chiu Ting Machinery Co's value of 0.64 is 69.1% below this benchmark. Historically, Chiu Ting Machinery Co's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 2.55 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 2.07, Chiu Ting Machinery 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 2,252 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. Chiu Ting Machinery Co's current Cyclically Adjusted PB Ratio of 0.64 is 69.1% 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 Chiu Ting Machinery 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. Chiu Ting Machinery Co's current Cyclically Adjusted PB Ratio is 0.64, which is 43% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiu Ting Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Chiu Ting Machinery Co (TPE:1539) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.17, compared to a current price of NT$16.00 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.64, which is 43% below median its 10-year median of 1.13 and 69.1% below the Industrial Products industry median of 2.07. Chiu Ting Machinery Co's overall GF Score™ is 70/100 with 5 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 Chiu Ting Machinery Co (TPE:1539), the current Cyclically Adjusted PB Ratio is 0.64 as of Aug. 08, 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 Chiu Ting Machinery Co (TPE:1539) Overvalued in 2026?

Based on GuruFocus' analysis, Chiu Ting Machinery Co stock appears to be undervalued. The current stock price of NT$16.00 is trading 1.1% below its estimated GF Value™ of NT$16.17. GuruFocus considers Chiu Ting Machinery Co to be Fairly Valued.

Key valuation signals for TPE:1539:

  • Cyclically Adjusted PB Ratio: 0.64 (43% below median its 10-year median of 1.13)
  • GF Value™: NT$16.17 vs. price of NT$16.00 (1.1% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 69.1% below the Industrial Products median (#340 of 2252)

No single metric tells the full story. See the TPE:1539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chiu Ting Machinery Co Business Description

Address No. 78, Yongfeng Road, Taiping District, Taichung, TWN, 411032
Chiu Ting Machinery Co Ltd engages in the manufacture and sales of planers, jointers, table saws, shapers, wood lathes, woodworking machinery parts, and power tools. The products offered by the company include benchtop table saws, parallelogram jointer series, and minimized snipe planar series. Geographically, the company operates and generates key revenue from Taiwan.
70GF Score

Get the complete analysis for TPE:1539

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

NT$16.00
Price
NT$16.17
GF Value