Standard Chemical & Pharmaceutical Co (TPE:1720) Cyclically Adjusted PB Ratio: 2.14 (As of Aug. 11, 2026) — Near Median

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TPE:1720 Standard Chemical & Pharmaceutical Co Ltd TPE:1720
90 GF Score
Price NT$56.40
GF Value NT$62.89
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio?

Standard Chemical & Pharmaceutical Co TPE:1720 -0.53% 90 Cyclically Adjusted PB Ratio is 2.14 as of Aug. 11, 2026, which is 6% above its 10-year median of 2.02. GuruFocus rates TPE:1720 with a GF Score™ of 90/100 and a GF Value™ of NT$62.89 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 732 Drug Manufacturers companies, Standard Chemical & Pharmaceutical Co ranks worse than 56.42% on this metric.

As of today (2026-08-11), Standard Chemical & Pharmaceutical Co's current share price is NT$56.40. Standard Chemical & Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$26.31. Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 2.14.

The historical rank and industry rank for Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1720' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.02   Max: 3.1
Current: 2.16

During the past years, Standard Chemical & Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 1.46. And the median was 2.02.

TPE:1720's Cyclically Adjusted PB Ratio is ranked worse than
56.42% of 732 companies
in the Drug Manufacturers industry
Industry Median: 1.81 vs TPE:1720: 2.16

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.

Standard Chemical & Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$30.734. 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$26.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Chemical & Pharmaceutical Co  (TPE:1720) 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.


Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Standard Chemical & Pharmaceutical 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.

Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Standard Chemical & Pharmaceutical 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 1.92 2.55 2.60 2.30 2.08

Standard Chemical & Pharmaceutical 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 2.20 2.05 2.01 2.08 2.19

TPE:1720 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Standard Chemical & Pharmaceutical 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.


Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio falls into.


TPE:1720
90GF Score
Standard Chemical & Pharmaceutical Co Ltd TPE:1720
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Standard Chemical & Pharmaceutical 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.

Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.40/26.31
=2.14

* 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.

Standard Chemical & Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Standard Chemical & Pharmaceutical 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)
=30.734/330.2130*330.2130
=30.734

Current CPI (Mar. 2026) = 330.2130.

Standard Chemical & Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.663 241.018 24.200
201609 18.378 241.428 25.136
201612 18.922 241.432 25.880
201703 19.018 243.801 25.759
201706 18.200 244.955 24.535
201709 18.760 246.819 25.099
201712 18.683 246.524 25.025
201803 18.947 249.554 25.071
201806 18.048 251.989 23.651
201809 18.491 252.439 24.188
201812 18.728 251.233 24.616
201903 19.024 254.202 24.713
201906 18.091 256.143 23.322
201909 18.549 256.759 23.856
201912 17.222 256.974 22.130
202003 18.111 258.115 23.170
202006 19.057 257.797 24.410
202009 19.366 260.280 24.569
202012 20.176 260.474 25.578
202103 21.607 264.877 26.937
202106 20.554 271.696 24.981
202109 21.176 274.310 25.492
202112 22.089 278.802 26.162
202203 20.694 287.504 23.768
202206 21.826 296.311 24.323
202209 23.071 296.808 25.668
202212 24.181 296.797 26.904
202303 23.080 301.836 25.250
202306 24.477 305.109 26.491
202309 25.630 307.789 27.497
202312 26.958 306.746 29.020
202403 26.962 312.332 28.506
202406 29.608 314.175 31.119
202409 30.046 315.301 31.467
202412 30.041 315.605 31.431
202503 28.546 319.799 29.476
202506 28.891 322.561 29.576
202509 30.262 324.800 30.766
202512 31.158 324.054 31.750
202603 30.734 330.213 30.734

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 2.14 mean?
Standard Chemical & Pharmaceutical Co (TPE:1720) has a Cyclically Adjusted PB Ratio of 2.14 as of Aug. 11, 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 Standard Chemical & Pharmaceutical Co and its competitors. This is near median its historical median of 2.02. Over the past decade, Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 1.46 to 3.10. According to the industry distribution chart, Standard Chemical & Pharmaceutical Co ranks #413 out of 732 companies in the Drug Manufacturers industry, placing it in the top 56.4%.
Is Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Standard Chemical & Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 2.14 is near median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 3.10. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.81. Standard Chemical & Pharmaceutical Co's value of 2.14 is 18.2% above this industry median. Based on the distribution chart, Standard Chemical & Pharmaceutical Co ranks #413 out of 732 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Standard Chemical & Pharmaceutical Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Standard Chemical & Pharmaceutical Co ranks #413 out of 732 companies for Cyclically Adjusted PB Ratio. This places Standard Chemical & Pharmaceutical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.81. Standard Chemical & Pharmaceutical Co's value of 2.14 is 18.2% above this benchmark. Historically, Standard Chemical & Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 1.46 to 3.10 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.81, Standard Chemical & Pharmaceutical 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.81, based on 732 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. Standard Chemical & Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 2.14 is 18.2% 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 Standard Chemical & Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Chemical & Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 2.14, which is near median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Chemical & Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Standard Chemical & Pharmaceutical Co (TPE:1720) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$62.89, compared to a current price of NT$56.40 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.14, which is near median its 10-year median of 2.02 and 18.2% above the Drug Manufacturers industry median of 1.81. Standard Chemical & Pharmaceutical Co's overall GF Score™ is 90/100 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 Standard Chemical & Pharmaceutical Co (TPE:1720), the current Cyclically Adjusted PB Ratio is 2.14 as of Aug. 11, 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 Standard Chemical & Pharmaceutical Co (TPE:1720) Overvalued in 2026?

Based on GuruFocus' analysis, Standard Chemical & Pharmaceutical Co stock appears to be undervalued. The current stock price of NT$56.40 is trading 10.3% below its estimated GF Value™ of NT$62.89. GuruFocus considers Standard Chemical & Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for TPE:1720:

  • Cyclically Adjusted PB Ratio: 2.14 (near median its 10-year median of 2.02)
  • GF Value™: NT$62.89 vs. price of NT$56.40 (10.3% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 18.2% above the Drug Manufacturers median (#413 of 732)

No single metric tells the full story. See the TPE:1720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Standard Chemical & Pharmaceutical Co Business Description

Address No.6-20,Tuku, Sinying District, Tuku Village, Tainan, TWN, 73055
Standard Chemical & Pharmaceutical Co Ltd is engaged in the manufacturing and sales of Chinese and western medicine, cosmetics, beverage, normal instruments and medical instruments. Its segments include Medicine, Dietary supplement and Ingredients. The majority of the revenue is derived from the Medicine segment. Geographically it operates in Taiwan, Japan and Others with Taiwan generating the maximum revenue.
90GF Score

Get the complete analysis for TPE:1720

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

NT$56.40
Price
NT$62.89
GF Value