Eternal Materials Co (TPE:1717) Cyclically Adjusted PB Ratio: 3.01 (As of Aug. 23, 2026) — 95% Above Median

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TPE:1717 Eternal Materials Co Ltd TPE:1717
64 GF Score
Price NT$71.60
GF Value NT$32.08
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Eternal Materials Co Cyclically Adjusted PB Ratio?

Eternal Materials Co TPE:1717 +1.99% 64 Cyclically Adjusted PB Ratio is 3.01 as of Aug. 23, 2026, which is 95% above its 10-year median of 1.54. GuruFocus rates TPE:1717 with a GF Score™ of 64/100 and a GF Value™ of NT$32.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,160 Chemicals companies, Eternal Materials Co ranks worse than 70.34% on this metric.

As of today (2026-08-23), Eternal Materials Co's current share price is NT$71.60. Eternal Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$23.76. Eternal Materials Co's Cyclically Adjusted PB Ratio for today is 3.01.

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

TPE:1717' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.54   Max: 3.53
Current: 3.01

During the past years, Eternal Materials Co's highest Cyclically Adjusted PB Ratio was 3.53. The lowest was 1.04. And the median was 1.54.

TPE:1717's Cyclically Adjusted PB Ratio is ranked worse than
70.34% of 1160 companies
in the Chemicals industry
Industry Median: 1.68 vs TPE:1717: 3.01

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.

Eternal Materials Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$26.494. 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$23.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eternal Materials Co  (TPE:1717) 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.


Eternal Materials Co Cyclically Adjusted PB Ratio Related Terms


Eternal Materials Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eternal Materials 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.

Eternal Materials Co Cyclically Adjusted PB Ratio Chart

Eternal Materials 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 2.13 1.46 1.32 1.22 1.77

Eternal Materials 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 1.04 1.75 1.77 2.45 3.11

TPE:1717 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Eternal Materials 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.


Eternal Materials Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TPE:1717
64GF Score
Eternal Materials Co Ltd TPE:1717
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eternal Materials 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.

Eternal Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=71.60/23.76
=3.01

* 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.

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

For example, Eternal Materials 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)
=26.494/333.9520*333.9520
=26.494

Current CPI (Jun. 2026) = 333.9520.

Eternal Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.674 241.428 24.447
201612 17.524 241.432 24.239
201703 16.980 243.801 23.259
201706 16.218 244.955 22.110
201709 16.880 246.819 22.839
201712 17.367 246.524 23.526
201803 18.165 249.554 24.308
201806 17.971 251.989 23.816
201809 17.528 252.439 23.188
201812 17.787 251.233 23.643
201903 19.101 254.202 25.093
201906 18.372 256.143 23.953
201909 17.977 256.759 23.382
201912 18.136 256.974 23.569
202003 18.122 258.115 23.446
202006 16.837 257.797 21.811
202009 18.086 260.280 23.205
202012 19.338 260.474 24.793
202103 19.855 264.877 25.033
202106 20.621 271.696 25.346
202109 19.707 274.310 23.992
202112 20.528 278.802 24.589
202203 22.187 287.504 25.771
202206 20.782 296.311 23.422
202209 20.854 296.808 23.464
202212 20.969 296.797 23.594
202303 20.000 301.836 22.128
202306 19.619 305.109 21.474
202309 21.219 307.789 23.023
202312 20.948 306.746 22.806
202403 21.632 312.332 23.129
202406 22.377 314.175 23.786
202409 23.132 315.301 24.500
202412 23.979 315.605 25.373
202503 23.420 319.799 24.456
202506 20.625 322.561 21.353
202509 22.255 324.800 22.882
202512 23.559 324.054 24.279
202603 24.521 330.213 24.799
202606 26.494 333.952 26.494

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 3.01 mean?
Eternal Materials Co (TPE:1717) has a Cyclically Adjusted PB Ratio of 3.01 as of Aug. 23, 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 Eternal Materials Co and its competitors. This is 95% above median its historical median of 1.54. Over the past decade, Eternal Materials Co's Cyclically Adjusted PB Ratio has ranged from 1.04 to 3.53. According to the industry distribution chart, Eternal Materials Co ranks #816 out of 1160 companies in the Chemicals industry, placing it in the top 70.3%.
Is Eternal Materials Co's Cyclically Adjusted PB Ratio too high?
Eternal Materials Co's current Cyclically Adjusted PB Ratio of 3.01 is 95% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 3.53. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.68. Eternal Materials Co's value of 3.01 is 79.2% above this industry median. Based on the distribution chart, Eternal Materials Co ranks #816 out of 1160 companies in the Chemicals industry, which is below the industry midpoint. Overall, Eternal Materials Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eternal Materials Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Eternal Materials Co ranks #816 out of 1160 companies for Cyclically Adjusted PB Ratio. This places Eternal Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.68. Eternal Materials Co's value of 3.01 is 79.2% above this benchmark. Historically, Eternal Materials Co's own Cyclically Adjusted PB Ratio has ranged from 1.04 to 3.53 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.68, Eternal Materials 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.68, based on 1,160 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. Eternal Materials Co's current Cyclically Adjusted PB Ratio of 3.01 is 79.2% 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 Eternal Materials Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eternal Materials Co's current Cyclically Adjusted PB Ratio is 3.01, which is 95% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eternal Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Eternal Materials Co (TPE:1717) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$32.08, compared to a current price of NT$71.60 — trading 123.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.01, which is 95% above median its 10-year median of 1.54 and 79.2% above the Chemicals industry median of 1.68. Eternal Materials Co's overall GF Score™ is 64/100 with 5 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 Eternal Materials Co (TPE:1717), the current Cyclically Adjusted PB Ratio is 3.01 as of Aug. 23, 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 Eternal Materials Co (TPE:1717) Overvalued in 2026?

Based on GuruFocus' analysis, Eternal Materials Co stock appears to be overvalued. The current stock price of NT$71.60 is trading 123.2% above its estimated GF Value™ of NT$32.08. GuruFocus considers Eternal Materials Co to be Significantly Overvalued.

Key valuation signals for TPE:1717:

  • Cyclically Adjusted PB Ratio: 3.01 (95% above median its 10-year median of 1.54)
  • GF Value™: NT$32.08 vs. price of NT$71.60 (123.2% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 79.2% above the Chemicals median (#816 of 1160)

No single metric tells the full story. See the TPE:1717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eternal Materials Co Business Description

Address No. 578, Jiangong Road, Sanmin District, Kaohsiung, TWN, 807
Eternal Materials Co Ltd is mainly engaged in the research, manufacturing, processing, sale, and trading of diversified industrial synthetic resins, epoxy resin, acrylates, methacrylates, coating, molding compounds, copper clad laminates, film materials, photoresist materials, electronic chemical materials, composite materials, and bio-medical testing materials. The Company operates through the following segments: Resins Materials, which generates the maximum revenue and mainly operates a variety of industrial resins materials; Electronic Materials, which mainly operates electronic and optoelectronic industry raw materials and vacuum laminators; High Performance Materials, which mainly operates UV-light curing raw materials; and Others.
64GF Score

Get the complete analysis for TPE:1717

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

NT$71.60
Price
NT$32.08
GF Value