Everlight Chemical Industrial (TPE:1711) Cyclically Adjusted PB Ratio: 2.18 (As of Aug. 14, 2026) — 86% Above 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:1711 Everlight Chemical Industrial Corp TPE:1711
46 GF Score
Price NT$38.50
GF Value NT$18.70
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Everlight Chemical Industrial Cyclically Adjusted PB Ratio?

Everlight Chemical Industrial TPE:1711 -3.02% 46 Cyclically Adjusted PB Ratio is 2.18 as of Aug. 14, 2026, which is 86% above its 10-year median of 1.17. GuruFocus rates TPE:1711 with a GF Score™ of 46/100 and a GF Value™ of NT$18.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,210 Chemicals companies, Everlight Chemical Industrial ranks worse than 56.03% on this metric.

As of today (2026-08-14), Everlight Chemical Industrial's current share price is NT$38.50. Everlight Chemical Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$17.63. Everlight Chemical Industrial's Cyclically Adjusted PB Ratio for today is 2.18.

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

TPE:1711' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.17   Max: 2.4
Current: 1.96

During the past years, Everlight Chemical Industrial's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 0.80. And the median was 1.17.

TPE:1711's Cyclically Adjusted PB Ratio is ranked worse than
56.03% of 1210 companies
in the Chemicals industry
Industry Median: 1.65 vs TPE:1711: 1.96

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.

Everlight Chemical Industrial's adjusted book value per share data for the three months ended in Mar. 2026 was NT$15.063. 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$17.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everlight Chemical Industrial  (TPE:1711) 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.


Everlight Chemical Industrial Cyclically Adjusted PB Ratio Related Terms


Everlight Chemical Industrial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Everlight Chemical Industrial'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.

Everlight Chemical Industrial Cyclically Adjusted PB Ratio Chart

Everlight Chemical Industrial 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 1.75 1.11 1.15 1.21 1.10

Everlight Chemical Industrial 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 1.06 0.92 1.10 1.10 2.06

TPE:1711 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Everlight Chemical Industrial'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.


Everlight Chemical Industrial Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Everlight Chemical Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Everlight Chemical Industrial's Cyclically Adjusted PB Ratio falls into.


TPE:1711
46GF Score
Everlight Chemical Industrial Corp TPE:1711
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everlight Chemical Industrial 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.

Everlight Chemical Industrial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.50/17.63
=2.18

* 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.

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

For example, Everlight Chemical Industrial'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)
=15.063/330.2130*330.2130
=15.063

Current CPI (Mar. 2026) = 330.2130.

Everlight Chemical Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.123 241.018 19.350
201609 14.181 241.428 19.396
201612 13.982 241.432 19.124
201703 14.092 243.801 19.087
201706 13.773 244.955 18.567
201709 13.937 246.819 18.646
201712 14.101 246.524 18.888
201803 14.433 249.554 19.098
201806 14.050 251.989 18.411
201809 13.963 252.439 18.265
201812 13.873 251.233 18.234
201903 14.289 254.202 18.562
201906 13.946 256.143 17.979
201909 14.200 256.759 18.262
201912 14.282 256.974 18.352
202003 13.745 258.115 17.584
202006 14.063 257.797 18.013
202009 14.342 260.280 18.195
202012 14.765 260.474 18.718
202103 15.247 264.877 19.008
202106 15.604 271.696 18.965
202109 15.798 274.310 19.018
202112 16.077 278.802 19.042
202203 15.572 287.504 17.885
202206 15.141 296.311 16.873
202209 15.203 296.808 16.914
202212 15.436 296.797 17.174
202303 15.381 301.836 16.827
202306 15.328 305.109 16.589
202309 15.250 307.789 16.361
202312 15.233 306.746 16.398
202403 15.236 312.332 16.108
202406 15.340 314.175 16.123
202409 15.753 315.301 16.498
202412 15.584 315.605 16.305
202503 15.228 319.799 15.724
202506 14.728 322.561 15.077
202509 14.883 324.800 15.131
202512 14.929 324.054 15.213
202603 15.063 330.213 15.063

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 2.18 mean?
Everlight Chemical Industrial (TPE:1711) has a Cyclically Adjusted PB Ratio of 2.18 as of Aug. 14, 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 Everlight Chemical Industrial and its competitors. This is 86% above median its historical median of 1.17. Over the past decade, Everlight Chemical Industrial's Cyclically Adjusted PB Ratio has ranged from 0.80 to 2.40. According to the industry distribution chart, Everlight Chemical Industrial ranks #678 out of 1210 companies in the Chemicals industry, placing it in the top 56%.
Is Everlight Chemical Industrial's Cyclically Adjusted PB Ratio too high?
Everlight Chemical Industrial's current Cyclically Adjusted PB Ratio of 2.18 is 86% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.40. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Everlight Chemical Industrial's value of 2.18 is 32.1% above this industry median. Based on the distribution chart, Everlight Chemical Industrial ranks #678 out of 1210 companies in the Chemicals industry, which is below the industry midpoint. Overall, Everlight Chemical Industrial has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Everlight Chemical Industrial's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Everlight Chemical Industrial ranks #678 out of 1210 companies for Cyclically Adjusted PB Ratio. This places Everlight Chemical Industrial in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Everlight Chemical Industrial's value of 2.18 is 32.1% above this benchmark. Historically, Everlight Chemical Industrial's own Cyclically Adjusted PB Ratio has ranged from 0.80 to 2.40 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.65, Everlight Chemical Industrial 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,210 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. Everlight Chemical Industrial's current Cyclically Adjusted PB Ratio of 2.18 is 32.1% 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 Everlight Chemical Industrial and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everlight Chemical Industrial's current Cyclically Adjusted PB Ratio is 2.18, which is 86% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everlight Chemical Industrial stock overvalued right now?
Based on GuruFocus' analysis, Everlight Chemical Industrial (TPE:1711) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.70, compared to a current price of NT$38.50 — trading 105.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.18, which is 86% above median its 10-year median of 1.17 and 32.1% above the Chemicals industry median of 1.65. Everlight Chemical Industrial's overall GF Score™ is 46/100 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 Everlight Chemical Industrial (TPE:1711), the current Cyclically Adjusted PB Ratio is 2.18 as of Aug. 14, 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 Everlight Chemical Industrial (TPE:1711) Overvalued in 2026?

Based on GuruFocus' analysis, Everlight Chemical Industrial stock appears to be overvalued. The current stock price of NT$38.50 is trading 105.9% above its estimated GF Value™ of NT$18.70. GuruFocus considers Everlight Chemical Industrial to be Significantly Overvalued.

Key valuation signals for TPE:1711:

  • Cyclically Adjusted PB Ratio: 2.18 (86% above median its 10-year median of 1.17)
  • GF Value™: NT$18.70 vs. price of NT$38.50 (105.9% above fair value)
  • GF Score™: 46/100 with 2 warning signs
  • Industry Position: 32.1% above the Chemicals median (#678 of 1210)

No single metric tells the full story. See the TPE:1711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everlight Chemical Industrial Business Description

Address No. 77, Dun Hua South Road, 5-6 Floor, Section 2, Taipei, TWN, 106
Everlight Chemical Industrial Corp engages in the manufacturing and selling of dye, UV absorber, specialty chemicals, electronic chemicals, pharmaceutical products, and materials. The company has five segments: The color chemical products consist of dyes for textiles, leather, food, paper products, and printer ink. The specialty chemicals include light stabilizers and ultraviolet absorbers, which are added to paints, coatings, and plastics to retain colors. Pharmaceutical products include treatments for cardiovascular disease, cancer, and glaucoma. The electronics products consist of liquid-crystal displays and touch panels. and Toner. The majority of revenue is earn from color chemical segment.
46GF Score

Get the complete analysis for TPE:1711

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

NT$38.50
Price
NT$18.70
GF Value