Taiwannyo Electric Co (TPE:1614) Cyclically Adjusted PB Ratio: 1.25 (As of Aug. 19, 2026) — 21% Below Median

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TPE:1614 Taiwan Sanyo Electric Co Ltd TPE:1614
70 GF Score
Price NT$30.65
GF Value NT$34.00
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Taiwannyo Electric Co Cyclically Adjusted PB Ratio?

Taiwannyo Electric Co TPE:1614 -0.16% 70 Cyclically Adjusted PB Ratio is 1.25 as of Aug. 19, 2026, which is 21% below its 10-year median of 1.58. GuruFocus rates TPE:1614 with a GF Score™ of 70/100 and a GF Value™ of NT$34.00 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 321 Furnishings, Fixtures & Appliances companies, Taiwannyo Electric Co ranks worse than 52.65% on this metric.

As of today (2026-08-19), Taiwannyo Electric Co's current share price is NT$30.65. Taiwannyo Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$24.55. Taiwannyo Electric Co's Cyclically Adjusted PB Ratio for today is 1.25.

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

TPE:1614' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.58   Max: 2.08
Current: 1.25

During the past years, Taiwannyo Electric Co's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 1.06. And the median was 1.58.

TPE:1614's Cyclically Adjusted PB Ratio is ranked worse than
52.65% of 321 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.18 vs TPE:1614: 1.25

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.

Taiwannyo Electric Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$21.845. 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$24.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwannyo Electric Co  (TPE:1614) 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.


Taiwannyo Electric Co Cyclically Adjusted PB Ratio Related Terms


Taiwannyo Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwannyo Electric 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.

Taiwannyo Electric Co Cyclically Adjusted PB Ratio Chart

Taiwannyo Electric 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 1.62 1.53 1.64 1.61 1.43

Taiwannyo Electric Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.61 1.54 1.43 1.30 1.31

TPE:1614 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Taiwannyo Electric 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.


Taiwannyo Electric Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Taiwannyo Electric Co's Cyclically Adjusted PB Ratio falls into.


TPE:1614
70GF Score
Taiwan Sanyo Electric Co Ltd TPE:1614
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwannyo Electric 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.

Taiwannyo Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.65/24.55
=1.25

* 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.

Taiwannyo Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Taiwannyo Electric Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=21.845/333.9520*333.9520
=21.845

Current CPI (Jun. 2026) = 333.9520.

Taiwannyo Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.141 241.428 26.477
201612 19.967 241.432 27.619
201703 20.101 243.801 27.534
201706 19.257 244.955 26.253
201709 19.544 246.819 26.443
201712 19.744 246.524 26.746
201803 20.081 249.554 26.872
201806 19.608 251.989 25.986
201809 19.876 252.439 26.294
201812 19.912 251.233 26.468
201903 20.108 254.202 26.416
201906 19.396 256.143 25.288
201909 19.730 256.759 25.662
201912 20.048 256.974 26.053
202003 19.144 258.115 24.769
202006 19.702 257.797 25.522
202009 20.327 260.280 26.081
202012 20.512 260.474 26.298
202103 19.751 264.877 24.902
202106 20.192 271.696 24.819
202109 20.683 274.310 25.180
202112 21.148 278.802 25.331
202203 20.623 287.504 23.955
202206 20.897 296.311 23.552
202209 20.979 296.808 23.604
202212 21.292 296.797 23.957
202303 20.499 301.836 22.680
202306 20.887 305.109 22.862
202309 21.195 307.789 22.997
202312 21.495 306.746 23.401
202403 20.534 312.332 21.955
202406 20.905 314.175 22.221
202409 21.211 315.301 22.466
202412 21.513 315.605 22.764
202503 21.103 319.799 22.037
202506 21.320 322.561 22.073
202509 21.640 324.800 22.250
202512 22.013 324.054 22.685
202603 21.505 330.213 21.749
202606 21.845 333.952 21.845

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 1.25 mean?
Taiwannyo Electric Co (TPE:1614) has a Cyclically Adjusted PB Ratio of 1.25 as of Aug. 19, 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 Taiwannyo Electric Co and its competitors. This is 21% below median its historical median of 1.58. Over the past decade, Taiwannyo Electric Co's Cyclically Adjusted PB Ratio has ranged from 1.06 to 2.08. According to the industry distribution chart, Taiwannyo Electric Co ranks #169 out of 321 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 52.6%.
Is Taiwannyo Electric Co's Cyclically Adjusted PB Ratio too high?
Taiwannyo Electric Co's current Cyclically Adjusted PB Ratio of 1.25 is 21% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.08. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.18. Taiwannyo Electric Co's value of 1.25 is 5.9% above this industry median. Based on the distribution chart, Taiwannyo Electric Co ranks #169 out of 321 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Taiwannyo Electric Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwannyo Electric Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Taiwannyo Electric Co ranks #169 out of 321 companies for Cyclically Adjusted PB Ratio. This places Taiwannyo Electric Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Taiwannyo Electric Co's value of 1.25 is 5.9% above this benchmark. Historically, Taiwannyo Electric Co's own Cyclically Adjusted PB Ratio has ranged from 1.06 to 2.08 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.18, Taiwannyo Electric 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.18, based on 321 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. Taiwannyo Electric Co's current Cyclically Adjusted PB Ratio of 1.25 is 5.9% 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 Taiwannyo Electric Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwannyo Electric Co's current Cyclically Adjusted PB Ratio is 1.25, which is 21% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwannyo Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwannyo Electric Co (TPE:1614) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.00, compared to a current price of NT$30.65 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.25, which is 21% below median its 10-year median of 1.58 and 5.9% above the Furnishings, Fixtures & Appliances industry median of 1.18. Taiwannyo Electric Co's overall GF Score™ is 70/100 with 4 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 Taiwannyo Electric Co (TPE:1614), the current Cyclically Adjusted PB Ratio is 1.25 as of Aug. 19, 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 Taiwannyo Electric Co (TPE:1614) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwannyo Electric Co stock appears to be undervalued. The current stock price of NT$30.65 is trading 9.9% below its estimated GF Value™ of NT$34.00. GuruFocus considers Taiwannyo Electric Co to be Modestly Undervalued.

Key valuation signals for TPE:1614:

  • Cyclically Adjusted PB Ratio: 1.25 (21% below median its 10-year median of 1.58)
  • GF Value™: NT$34.00 vs. price of NT$30.65 (9.9% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 5.9% above the Furnishings, Fixtures & Appliances median (#169 of 321)

No single metric tells the full story. See the TPE:1614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwannyo Electric Co Business Description

Address No. 266, Songjiang Road, 10th floor, Taipei, TWN
Taiwan Sanyo Electric Co Ltd manufactures and markets home appliances. The company provides air conditioners, refrigerators, washing machines, electrical fans, electrical shavers, electrical cookers, and video and audio disk players among others.
70GF Score

Get the complete analysis for TPE:1614

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

NT$30.65
Price
NT$34.00
GF Value