Jung Shing Wire Co (TPE:1617) Cyclically Adjusted PB Ratio: 1.25 (As of Aug. 07, 2026) — Near Median

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TPE:1617 Jung Shing Wire Co Ltd TPE:1617
68 GF Score
Price NT$18.40
GF Value NT$17.98
Valuation Fairly Valued
! 6 Warning Signs
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What is Jung Shing Wire Co Cyclically Adjusted PB Ratio?

Jung Shing Wire Co TPE:1617 -0.81% 68 Cyclically Adjusted PB Ratio is 1.25 as of Aug. 07, 2026, which is 8% above its 10-year median of 1.16. GuruFocus rates TPE:1617 with a GF Score™ of 68/100 and a GF Value™ of NT$17.98 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,252 Industrial Products companies, Jung Shing Wire Co ranks better than 70.43% on this metric.

As of today (2026-08-07), Jung Shing Wire Co's current share price is NT$18.40. Jung Shing Wire Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$14.72. Jung Shing Wire Co's Cyclically Adjusted PB Ratio for today is 1.25.

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

TPE:1617' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.16   Max: 2.1
Current: 1.13

During the past years, Jung Shing Wire Co's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 0.74. And the median was 1.16.

TPE:1617's Cyclically Adjusted PB Ratio is ranked better than
70.43% of 2252 companies
in the Industrial Products industry
Industry Median: 2.07 vs TPE:1617: 1.13

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.

Jung Shing Wire Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$13.501. 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$14.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jung Shing Wire Co  (TPE:1617) 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.


Jung Shing Wire Co Cyclically Adjusted PB Ratio Related Terms


Jung Shing Wire Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jung Shing Wire 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.

Jung Shing Wire Co Cyclically Adjusted PB Ratio Chart

Jung Shing Wire 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 1.38 1.09 1.18 1.24 1.02

Jung Shing Wire 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 1.28 1.13 1.09 1.02 0.99

TPE:1617 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Jung Shing Wire 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.


Jung Shing Wire Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jung Shing Wire Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jung Shing Wire Co's Cyclically Adjusted PB Ratio falls into.


TPE:1617
68GF Score
Jung Shing Wire Co Ltd TPE:1617
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jung Shing Wire 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.

Jung Shing Wire Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.40/14.72
=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.

Jung Shing Wire Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jung Shing Wire 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)
=13.501/330.2130*330.2130
=13.501

Current CPI (Mar. 2026) = 330.2130.

Jung Shing Wire Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.729 241.018 14.700
201609 10.721 241.428 14.664
201612 10.840 241.432 14.826
201703 10.689 243.801 14.478
201706 10.605 244.955 14.296
201709 11.178 246.819 14.955
201712 11.365 246.524 15.223
201803 11.677 249.554 15.451
201806 11.483 251.989 15.048
201809 11.674 252.439 15.271
201812 12.170 251.233 15.996
201903 12.427 254.202 16.143
201906 11.511 256.143 14.840
201909 11.449 256.759 14.724
201912 11.520 256.974 14.803
202003 11.606 258.115 14.848
202006 11.431 257.797 14.642
202009 11.881 260.280 15.073
202012 12.196 260.474 15.461
202103 12.594 264.877 15.701
202106 13.062 271.696 15.875
202109 12.784 274.310 15.389
202112 13.050 278.802 15.456
202203 13.785 287.504 15.833
202206 13.447 296.311 14.986
202209 13.560 296.808 15.086
202212 13.341 296.797 14.843
202303 13.244 301.836 14.489
202306 13.143 305.109 14.224
202309 13.517 307.789 14.502
202312 12.935 306.746 13.925
202403 12.962 312.332 13.704
202406 14.348 314.175 15.080
202409 13.535 315.301 14.175
202412 13.643 315.605 14.274
202503 13.117 319.799 13.544
202506 11.895 322.561 12.177
202509 12.250 324.800 12.454
202512 13.739 324.054 14.000
202603 13.501 330.213 13.501

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?
Jung Shing Wire Co (TPE:1617) has a Cyclically Adjusted PB Ratio of 1.25 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 Jung Shing Wire Co and its competitors. This is near median its historical median of 1.16. Over the past decade, Jung Shing Wire Co's Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.10. According to the industry distribution chart, Jung Shing Wire Co ranks #666 out of 2252 companies in the Industrial Products industry, placing it in the top 29.6%.
Is Jung Shing Wire Co's Cyclically Adjusted PB Ratio too high?
Jung Shing Wire Co's current Cyclically Adjusted PB Ratio of 1.25 is near median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.10. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Jung Shing Wire Co's value of 1.25 is 39.6% below this industry median. Based on the distribution chart, Jung Shing Wire Co ranks #666 out of 2252 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jung Shing Wire Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jung Shing Wire Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jung Shing Wire Co ranks #666 out of 2252 companies for Cyclically Adjusted PB Ratio. This puts Jung Shing Wire Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Jung Shing Wire Co's value of 1.25 is 39.6% below this benchmark. Historically, Jung Shing Wire Co's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.10 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 2.07, Jung Shing Wire 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. Jung Shing Wire Co's current Cyclically Adjusted PB Ratio of 1.25 is 39.6% 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 Jung Shing Wire 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. Jung Shing Wire Co's current Cyclically Adjusted PB Ratio is 1.25, which is near median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jung Shing Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Jung Shing Wire Co (TPE:1617) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.98, compared to a current price of NT$18.40 — trading 2.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.25, which is near median its 10-year median of 1.16 and 39.6% below the Industrial Products industry median of 2.07. Jung Shing Wire Co's overall GF Score™ is 68/100 with 6 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 Jung Shing Wire Co (TPE:1617), the current Cyclically Adjusted PB Ratio is 1.25 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 Jung Shing Wire Co (TPE:1617) Overvalued in 2026?

Based on GuruFocus' analysis, Jung Shing Wire Co stock appears to be overvalued. The current stock price of NT$18.40 is trading 2.3% above its estimated GF Value™ of NT$17.98. GuruFocus considers Jung Shing Wire Co to be Fairly Valued.

Key valuation signals for TPE:1617:

  • Cyclically Adjusted PB Ratio: 1.25 (near median its 10-year median of 1.16)
  • GF Value™: NT$17.98 vs. price of NT$18.40 (2.3% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 39.6% below the Industrial Products median (#666 of 2252)

No single metric tells the full story. See the TPE:1617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jung Shing Wire Co Business Description

Address Section 3, Chung-Cheng Road, No. 231, Jen-teh District, Tainan City, TWN, 717
Jung Shing Wire Co Ltd is engaged in the manufacturing and processing of enameled wires and downstream products, and the trading of related machinery and equipment. Its product portfolio comprises general enameled wire, self-melting enameled wire, and special enameled wire. The group has a reporting segment: the wire department, which manufactures various kinds of degaussing rings, enameled wire, and Litz wire. Geographically, the company generates maximum revenue from Mainland China, followed by Taiwan, Vietnam, the Philippines, Japan, and other countries.
68GF Score

Get the complete analysis for TPE:1617

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

NT$18.40
Price
NT$17.98
GF Value