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Ho Tung ChemicalTPE:1714 58 Cyclically Adjusted PB Ratio is 1.18 as of Aug. 12, 2026, which is 82% above its 10-year median of 0.65. GuruFocus rates TPE:1714 with a GF Score™ of 58/100 and a GF Value™ of NT$10.78 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,221 Chemicals companies, Ho Tung Chemical ranks better than 65.44% on this metric.
The historical rank and industry rank for Ho Tung Chemical's Cyclically Adjusted PB Ratio or its related term are showing as below:
TPE:1714'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.65 Max: 1.61
Current: 1.12
During the past years, Ho Tung Chemical's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 0.49. And the median was 0.65.
TPE:1714's Cyclically Adjusted PB Ratio is ranked better than 65.44% of 1221
companies
in the Chemicals industry
Industry Median: 1.66
vs TPE:1714: 1.12
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.
Ho Tung Chemical's adjusted book value per share data for the three months ended in Mar. 2026 was NT$12.999. 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$14.11 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ho Tung Chemical (TPE:1714) 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.
Ho Tung Chemical Cyclically Adjusted PB Ratio Related Terms
Ho Tung Chemical Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Ho Tung Chemical'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.
Ho Tung Chemical Cyclically Adjusted PB Ratio Chart
TPE:1714 vs DOW: Cyclically Adjusted PB Ratio Comparison
For the Chemicals subindustry, Ho Tung Chemical'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.
Ho Tung Chemical Cyclically Adjusted PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ho Tung Chemical's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Ho Tung Chemical's Cyclically Adjusted PB Ratio falls into.
Ho Tung Chemical 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.
Ho Tung Chemical's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 1.18 mean?
Ho Tung Chemical (TPE:1714) has a Cyclically Adjusted PB Ratio of 1.18 as of Aug. 12, 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 Ho Tung Chemical and its competitors. This is 82% above median its historical median of 0.65. Over the past decade, Ho Tung Chemical's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.61. According to the industry distribution chart, Ho Tung Chemical ranks #422 out of 1221 companies in the Chemicals industry, placing it in the top 34.6%.
Is Ho Tung Chemical's Cyclically Adjusted PB Ratio too high?
Ho Tung Chemical's current Cyclically Adjusted PB Ratio of 1.18 is 82% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.61. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. Ho Tung Chemical's value of 1.18 is 28.9% below this industry median. Based on the distribution chart, Ho Tung Chemical ranks #422 out of 1221 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ho Tung Chemical has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ho Tung Chemical's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Ho Tung Chemical ranks #422 out of 1221 companies for Cyclically Adjusted PB Ratio. This puts Ho Tung Chemical in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Ho Tung Chemical's value of 1.18 is 28.9% below this benchmark. Historically, Ho Tung Chemical's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.61 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.66, Ho Tung Chemical 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,221 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. Ho Tung Chemical's current Cyclically Adjusted PB Ratio of 1.18 is 28.9% 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 Ho Tung Chemical and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ho Tung Chemical's current Cyclically Adjusted PB Ratio is 1.18, which is 82% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Tung Chemical stock overvalued right now?
Based on GuruFocus' analysis, Ho Tung Chemical (TPE:1714) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.78, compared to a current price of NT$16.65 — trading 54.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is 82% above median its 10-year median of 0.65 and 28.9% below the Chemicals industry median of 1.66. Ho Tung Chemical's overall GF Score™ is 58/100 with 3 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 Ho Tung Chemical (TPE:1714), the current Cyclically Adjusted PB Ratio is 1.18 as of Aug. 12, 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 Ho Tung Chemical (TPE:1714) Overvalued in 2026?
Based on GuruFocus' analysis, Ho Tung Chemical stock appears to be overvalued.
The current stock price of NT$16.65 is trading 54.5% above its estimated GF Value™ of NT$10.78.
GuruFocus considers Ho Tung Chemical to be Significantly Overvalued.
Key valuation signals for TPE:1714:
Cyclically Adjusted PB Ratio: 1.18 (82% above median its 10-year median of 0.65)
GF Value™: NT$10.78 vs. price of NT$16.65 (54.5% above fair value)
Industry Position: 28.9% below the Chemicals median (#422 of 1221)
No single metric tells the full story. See the TPE:1714 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ho Tung Chemical Corp is engaged in the manufacturing, processing, and sales of chemicals such as normal paraffin, alkenes, etc. The company's key products comprise Paraffin, Linear Alkylbenzene, Anionic Surfactants, Cationic Surfactants, Non-ionic Surfactants, Amphoteric Surfactants, Solvents, and others. It also focuses on other businesses like oil, investment, and cement. The company's reportable segments include Chemicals, which derives the majority of its revenue from Oil Products, Cement, and Investments. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan, other parts of Southeast Asia, and other regions.
58GF Score
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