Zeng Hsing Industrial Co (TPE:1558) Cyclically Adjusted PB Ratio: 0.98 (As of Aug. 07, 2026) — 27% Below Median

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TPE:1558 Zeng Hsing Industrial Co Ltd TPE:1558
82 GF Score
Price NT$91.50
GF Value NT$105.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Zeng Hsing Industrial Co Cyclically Adjusted PB Ratio?

Zeng Hsing Industrial Co TPE:1558 +0.55% 82 Cyclically Adjusted PB Ratio is 0.98 as of Aug. 07, 2026, which is 27% below its 10-year median of 1.34. GuruFocus rates TPE:1558 with a GF Score™ of 82/100 and a GF Value™ of NT$105.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 334 Furnishings, Fixtures & Appliances companies, Zeng Hsing Industrial Co ranks better than 55.99% on this metric.

As of today (2026-08-07), Zeng Hsing Industrial Co's current share price is NT$91.50. Zeng Hsing Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$93.17. Zeng Hsing Industrial Co's Cyclically Adjusted PB Ratio for today is 0.98.

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

TPE:1558' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.34   Max: 2.55
Current: 0.99

During the past years, Zeng Hsing Industrial Co's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.96. And the median was 1.34.

TPE:1558's Cyclically Adjusted PB Ratio is ranked better than
55.99% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.21 vs TPE:1558: 0.99

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.

Zeng Hsing Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$82.333. 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$93.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zeng Hsing Industrial Co  (TPE:1558) 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.


Zeng Hsing Industrial Co Cyclically Adjusted PB Ratio Related Terms


Zeng Hsing Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zeng Hsing Industrial 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.

Zeng Hsing Industrial Co Cyclically Adjusted PB Ratio Chart

Zeng Hsing Industrial 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 1.90 1.42 1.21 1.22 1.12

Zeng Hsing Industrial 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 1.15 1.08 0.98 1.12 0.99

TPE:1558 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Zeng Hsing Industrial 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.


Zeng Hsing Industrial Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zeng Hsing Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:1558
82GF Score
Zeng Hsing Industrial Co Ltd TPE:1558
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeng Hsing Industrial 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.

Zeng Hsing Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=91.50/93.17
=0.98

* 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.

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

For example, Zeng Hsing Industrial 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)
=82.333/330.2130*330.2130
=82.333

Current CPI (Mar. 2026) = 330.2130.

Zeng Hsing Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 66.541 241.018 91.166
201609 70.399 241.428 96.288
201612 74.301 241.432 101.623
201703 72.270 243.801 97.885
201706 67.148 244.955 90.519
201709 69.531 246.819 93.024
201712 71.599 246.524 95.905
201803 70.501 249.554 93.288
201806 69.819 251.989 91.493
201809 75.692 252.439 99.012
201812 78.376 251.233 103.015
201903 80.035 254.202 103.967
201906 72.482 256.143 93.442
201909 76.642 256.759 98.568
201912 77.713 256.974 99.862
202003 79.111 258.115 101.209
202006 73.243 257.797 93.817
202009 78.174 260.280 99.178
202012 81.319 260.474 103.091
202103 86.685 264.877 108.067
202106 89.503 271.696 108.780
202109 80.570 274.310 96.990
202112 80.100 278.802 94.870
202203 83.850 287.504 96.306
202206 79.210 296.311 88.273
202209 82.569 296.808 91.862
202212 83.111 296.797 92.468
202303 82.879 301.836 90.671
202306 79.050 305.109 85.554
202309 81.273 307.789 87.194
202312 80.376 306.746 86.525
202403 82.675 312.332 87.408
202406 80.322 314.175 84.422
202409 82.386 315.301 86.282
202412 83.641 315.605 87.512
202503 85.301 319.799 88.079
202506 74.754 322.561 76.527
202509 77.481 324.800 78.772
202512 79.901 324.054 81.420
202603 82.333 330.213 82.333

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 0.98 mean?
Zeng Hsing Industrial Co (TPE:1558) has a Cyclically Adjusted PB Ratio of 0.98 as of Aug. 07, 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 Zeng Hsing Industrial Co and its competitors. This is 27% below median its historical median of 1.34. Over the past decade, Zeng Hsing Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.96 to 2.55. According to the industry distribution chart, Zeng Hsing Industrial Co ranks #147 out of 334 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 44%.
Is Zeng Hsing Industrial Co's Cyclically Adjusted PB Ratio too high?
Zeng Hsing Industrial Co's current Cyclically Adjusted PB Ratio of 0.98 is 27% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.55. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.21. Zeng Hsing Industrial Co's value of 0.98 is 19% below this industry median. Based on the distribution chart, Zeng Hsing Industrial Co ranks #147 out of 334 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Zeng Hsing Industrial Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zeng Hsing Industrial Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Zeng Hsing Industrial Co ranks #147 out of 334 companies for Cyclically Adjusted PB Ratio. This puts Zeng Hsing Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Zeng Hsing Industrial Co's value of 0.98 is 19% below this benchmark. Historically, Zeng Hsing Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 2.55 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.21, Zeng Hsing Industrial 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 a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.21, based on 334 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. Zeng Hsing Industrial Co's current Cyclically Adjusted PB Ratio of 0.98 is 19% 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 Zeng Hsing Industrial Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeng Hsing Industrial Co's current Cyclically Adjusted PB Ratio is 0.98, which is 27% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeng Hsing Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Zeng Hsing Industrial Co (TPE:1558) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$105.73, compared to a current price of NT$91.50 — trading 13.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is 27% below median its 10-year median of 1.34 and 19% below the Furnishings, Fixtures & Appliances industry median of 1.21. Zeng Hsing Industrial Co's overall GF Score™ is 82/100 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 Zeng Hsing Industrial Co (TPE:1558), the current Cyclically Adjusted PB Ratio is 0.98 as of Aug. 07, 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 Zeng Hsing Industrial Co (TPE:1558) Overvalued in 2026?

Based on GuruFocus' analysis, Zeng Hsing Industrial Co stock appears to be undervalued. The current stock price of NT$91.50 is trading 13.5% below its estimated GF Value™ of NT$105.73. GuruFocus considers Zeng Hsing Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:1558:

  • Cyclically Adjusted PB Ratio: 0.98 (27% below median its 10-year median of 1.34)
  • GF Value™: NT$105.73 vs. price of NT$91.50 (13.5% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 19% below the Furnishings, Fixtures & Appliances median (#147 of 334)

No single metric tells the full story. See the TPE:1558 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeng Hsing Industrial Co Business Description

Address No. 78, Yongcheng Road, Taiping District, Taichung, TWN
Zeng Hsing Industrial Co Ltd is a Taiwan-based company that designs and manufactures household sewing machines, household cleaners, and related components. The company operates as an original design manufacturer, which means it supplies its products to brand owners. Geographically, the company has operates China, which derives key revenue; Germany; USA; Turkey; Taiwan; Russia; India; and Other Countries. The company has two reportable segments as follows: Sewing machine division produces computerized and electronic sewing machines. Precision metal parts processing division manufacture precision parts for automotive and industrial applications.
82GF Score

Get the complete analysis for TPE:1558

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

NT$91.50
Price
NT$105.73
GF Value