Tsang Yow Industrial Co (TPE:1568) Cyclically Adjusted PB Ratio: 1.52 (As of Aug. 06, 2026) — Near Median

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TPE:1568 Tsang Yow Industrial Co Ltd TPE:1568
66 GF Score
Price NT$28.60
GF Value NT$24.06
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Tsang Yow Industrial Co Cyclically Adjusted PB Ratio?

Tsang Yow Industrial Co TPE:1568 +0.70% 66 Cyclically Adjusted PB Ratio is 1.52 as of Aug. 06, 2026, which is 3% above its 10-year median of 1.48. GuruFocus rates TPE:1568 with a GF Score™ of 66/100 and a GF Value™ of NT$24.06 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,013 Vehicles & Parts companies, Tsang Yow Industrial Co ranks worse than 53.41% on this metric.

As of today (2026-08-06), Tsang Yow Industrial Co's current share price is NT$28.60. Tsang Yow Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$18.76. Tsang Yow Industrial Co's Cyclically Adjusted PB Ratio for today is 1.52.

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

TPE:1568' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.48   Max: 2.45
Current: 1.38

During the past years, Tsang Yow Industrial Co's highest Cyclically Adjusted PB Ratio was 2.45. The lowest was 1.15. And the median was 1.48.

TPE:1568's Cyclically Adjusted PB Ratio is ranked worse than
53.41% of 1013 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs TPE:1568: 1.38

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.

Tsang Yow Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$17.915. 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$18.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsang Yow Industrial Co  (TPE:1568) 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.


Tsang Yow Industrial Co Cyclically Adjusted PB Ratio Related Terms


Tsang Yow Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tsang Yow 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.

Tsang Yow Industrial Co Cyclically Adjusted PB Ratio Chart

Tsang Yow 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 1.51 1.34 1.87 1.53 1.22

Tsang Yow 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 1.46 1.28 1.24 1.22 1.19

TPE:1568 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Tsang Yow 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.


Tsang Yow Industrial Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


TPE:1568
66GF Score
Tsang Yow Industrial Co Ltd TPE:1568
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsang Yow 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.

Tsang Yow Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.60/18.76
=1.52

* 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.

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

For example, Tsang Yow 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)
=17.915/330.2130*330.2130
=17.915

Current CPI (Mar. 2026) = 330.2130.

Tsang Yow Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.295 241.018 19.585
201609 14.272 241.428 19.521
201612 14.908 241.432 20.390
201703 14.937 243.801 20.231
201706 14.437 244.955 19.462
201709 14.873 246.819 19.898
201712 15.438 246.524 20.679
201803 16.140 249.554 21.357
201806 15.601 251.989 20.444
201809 15.491 252.439 20.264
201812 15.529 251.233 20.411
201903 15.805 254.202 20.531
201906 15.325 256.143 19.757
201909 15.063 256.759 19.372
201912 14.978 256.974 19.247
202003 14.264 258.115 18.248
202006 14.209 257.797 18.200
202009 14.469 260.280 18.357
202012 14.539 260.474 18.432
202103 14.208 264.877 17.713
202106 14.155 271.696 17.204
202109 14.271 274.310 17.179
202112 14.547 278.802 17.229
202203 14.826 287.504 17.028
202206 15.239 296.311 16.983
202209 15.786 296.808 17.563
202212 16.008 296.797 17.810
202303 15.214 301.836 16.644
202306 15.680 305.109 16.970
202309 17.789 307.789 19.085
202312 17.882 306.746 19.250
202403 17.308 312.332 18.299
202406 17.574 314.175 18.471
202409 17.868 315.301 18.713
202412 18.206 315.605 19.049
202503 17.664 319.799 18.239
202506 17.433 322.561 17.847
202509 17.827 324.800 18.124
202512 18.417 324.054 18.767
202603 17.915 330.213 17.915

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 1.52 mean?
Tsang Yow Industrial Co (TPE:1568) has a Cyclically Adjusted PB Ratio of 1.52 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 Tsang Yow Industrial Co and its competitors. This is near median its historical median of 1.48. Over the past decade, Tsang Yow Industrial Co's Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.45. According to the industry distribution chart, Tsang Yow Industrial Co ranks #541 out of 1013 companies in the Vehicles & Parts industry, placing it in the top 53.4%.
Is Tsang Yow Industrial Co's Cyclically Adjusted PB Ratio too high?
Tsang Yow Industrial Co's current Cyclically Adjusted PB Ratio of 1.52 is near median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 2.45. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Tsang Yow Industrial Co's value of 1.52 is 20.6% above this industry median. Based on the distribution chart, Tsang Yow Industrial Co ranks #541 out of 1013 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tsang Yow Industrial Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsang Yow Industrial Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tsang Yow Industrial Co ranks #541 out of 1013 companies for Cyclically Adjusted PB Ratio. This places Tsang Yow Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Tsang Yow Industrial Co's value of 1.52 is 20.6% above this benchmark. Historically, Tsang Yow Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.45 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.26, Tsang Yow Industrial 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. Tsang Yow Industrial Co's current Cyclically Adjusted PB Ratio of 1.52 is 20.6% 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 Tsang Yow Industrial 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. Tsang Yow Industrial Co's current Cyclically Adjusted PB Ratio is 1.52, which is near median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsang Yow Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Tsang Yow Industrial Co (TPE:1568) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$24.06, compared to a current price of NT$28.60 — trading 18.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.52, which is near median its 10-year median of 1.48 and 20.6% above the Vehicles & Parts industry median of 1.26. Tsang Yow Industrial Co's overall GF Score™ is 66/100 with 2 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 Tsang Yow Industrial Co (TPE:1568), the current Cyclically Adjusted PB Ratio is 1.52 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 Tsang Yow Industrial Co (TPE:1568) Overvalued in 2026?

Based on GuruFocus' analysis, Tsang Yow Industrial Co stock appears to be overvalued. The current stock price of NT$28.60 is trading 18.9% above its estimated GF Value™ of NT$24.06. GuruFocus considers Tsang Yow Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:1568:

  • Cyclically Adjusted PB Ratio: 1.52 (near median its 10-year median of 1.48)
  • GF Value™: NT$24.06 vs. price of NT$28.60 (18.9% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 20.6% above the Vehicles & Parts median (#541 of 1013)

No single metric tells the full story. See the TPE:1568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsang Yow Industrial Co Business Description

Address No. 18, Chung-Shan Road, Min-Hsiung Industrial Park, Fu-Lo Village, Chia Yi, TWN, 62154
Tsang Yow Industrial Co Ltd is a Manufacturer & Exporter of powertrain components. It engages in the business activities such as Manufacturing and wholesale of other machinery (automatic transmission and drivetrain systems), Manufacturing and wholesale of ships and parts, Manufacturing and wholesale of automobiles and parts, Manufacturing and wholesale of other machinery and devices (automatic transmission and drivetrain systems). It segments include Automatic transmission components for automobiles, Clutch parts for heavy-duty trucks, Drivetrain Parts for Industrial Machinery Automatic transmission components for air conditioner compressors, New energy vehicle motor, Parts finishing and Others. Key revenue is generated from Automatic transmission components for automobiles.
66GF Score

Get the complete analysis for TPE:1568

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

NT$28.60
Price
NT$24.06
GF Value