Yung Chi Paint & Varnish Mfg Co (TPE:1726) Cyclically Adjusted PB Ratio: 1.15 (As of Aug. 29, 2026) — Near Median

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TPE:1726 Yung Chi Paint & Varnish Mfg Co Ltd TPE:1726
85 GF Score
Price NT$77.60
GF Value NT$78.79
Valuation Fairly Valued
! 3 Warning Signs
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What is Yung Chi Paint & Varnish Mfg Co Cyclically Adjusted PB Ratio?

Yung Chi Paint & Varnish Mfg Co TPE:1726 -0.13% 85 Cyclically Adjusted PB Ratio is 1.15 as of Aug. 29, 2026, which is 7% below its 10-year median of 1.24. GuruFocus rates TPE:1726 with a GF Score™ of 85/100 and a GF Value™ of NT$78.79 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,098 Chemicals companies, Yung Chi Paint & Varnish Mfg Co ranks better than 63.21% on this metric.

As of today (2026-08-29), Yung Chi Paint & Varnish Mfg Co's current share price is NT$77.60. Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$67.19. Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio for today is 1.15.

The historical rank and industry rank for Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1726' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.24   Max: 1.57
Current: 1.15

During the past years, Yung Chi Paint & Varnish Mfg Co's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 1.13. And the median was 1.24.

TPE:1726's Cyclically Adjusted PB Ratio is ranked better than
63.21% of 1098 companies
in the Chemicals industry
Industry Median: 1.655 vs TPE:1726: 1.15

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.

Yung Chi Paint & Varnish Mfg Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$65.331. 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$67.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yung Chi Paint & Varnish Mfg Co  (TPE:1726) 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.


Yung Chi Paint & Varnish Mfg Co Cyclically Adjusted PB Ratio Related Terms


Yung Chi Paint & Varnish Mfg Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yung Chi Paint & Varnish Mfg 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.

Yung Chi Paint & Varnish Mfg Co Cyclically Adjusted PB Ratio Chart

Yung Chi Paint & Varnish Mfg 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 1.33 1.18 1.22 1.19 1.17

Yung Chi Paint & Varnish Mfg 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 1.19 1.15 1.17 1.13 1.16

TPE:1726 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Yung Chi Paint & Varnish Mfg 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.


Yung Chi Paint & Varnish Mfg Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio falls into.


TPE:1726
85GF Score
Yung Chi Paint & Varnish Mfg Co Ltd TPE:1726
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yung Chi Paint & Varnish Mfg 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.

Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.60/67.19
=1.15

* 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.

Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Yung Chi Paint & Varnish Mfg 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)
=65.331/333.9520*333.9520
=65.331

Current CPI (Jun. 2026) = 333.9520.

Yung Chi Paint & Varnish Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 49.181 241.428 68.029
201612 51.148 241.432 70.749
201703 51.441 243.801 70.462
201706 48.971 244.955 66.763
201709 50.061 246.819 67.734
201712 51.078 246.524 69.192
201803 52.470 249.554 70.215
201806 50.707 251.989 67.200
201809 51.334 252.439 67.910
201812 52.068 251.233 69.211
201903 53.303 254.202 70.026
201906 50.554 256.143 65.911
201909 51.098 256.759 66.460
201912 51.931 256.974 67.487
202003 52.628 258.115 68.091
202006 50.476 257.797 65.387
202009 52.216 260.280 66.996
202012 54.094 260.474 69.354
202103 56.016 264.877 70.624
202106 57.698 271.696 70.919
202109 55.713 274.310 67.826
202112 56.898 278.802 68.153
202203 59.105 287.504 68.654
202206 56.485 296.311 63.660
202209 58.001 296.808 65.260
202212 59.094 296.797 66.492
202303 60.565 301.836 67.009
202306 57.835 305.109 63.302
202309 59.975 307.789 65.073
202312 60.420 306.746 65.779
202403 63.069 312.332 67.435
202406 60.773 314.175 64.599
202409 61.674 315.301 65.322
202412 63.359 315.605 67.042
202503 65.326 319.799 68.217
202506 59.443 322.561 61.542
202509 62.037 324.800 63.785
202512 64.379 324.054 66.345
202603 67.180 330.213 67.941
202606 65.331 333.952 65.331

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 1.15 mean?
Yung Chi Paint & Varnish Mfg Co (TPE:1726) has a Cyclically Adjusted PB Ratio of 1.15 as of Aug. 29, 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 Yung Chi Paint & Varnish Mfg Co and its competitors. This is near median its historical median of 1.24. Over the past decade, Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio has ranged from 1.13 to 1.57. According to the industry distribution chart, Yung Chi Paint & Varnish Mfg Co ranks #404 out of 1098 companies in the Chemicals industry, placing it in the top 36.8%.
Is Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio too high?
Yung Chi Paint & Varnish Mfg Co's current Cyclically Adjusted PB Ratio of 1.15 is near median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 1.57. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. Yung Chi Paint & Varnish Mfg Co's value of 1.15 is 30.5% below this industry median. Based on the distribution chart, Yung Chi Paint & Varnish Mfg Co ranks #404 out of 1098 companies in the Chemicals industry, which is above the industry midpoint. Overall, Yung Chi Paint & Varnish Mfg Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Yung Chi Paint & Varnish Mfg Co ranks #404 out of 1098 companies for Cyclically Adjusted PB Ratio. This puts Yung Chi Paint & Varnish Mfg Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Yung Chi Paint & Varnish Mfg Co's value of 1.15 is 30.5% below this benchmark. Historically, Yung Chi Paint & Varnish Mfg Co's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 1.57 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.66, Yung Chi Paint & Varnish Mfg 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 a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,098 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. Yung Chi Paint & Varnish Mfg Co's current Cyclically Adjusted PB Ratio of 1.15 is 30.5% 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 Yung Chi Paint & Varnish Mfg Co 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. Yung Chi Paint & Varnish Mfg Co's current Cyclically Adjusted PB Ratio is 1.15, which is near median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yung Chi Paint & Varnish Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Yung Chi Paint & Varnish Mfg Co (TPE:1726) is currently considered Fairly Valued. The stock's GF Value™ is NT$78.79, compared to a current price of NT$77.60 — trading 1.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is near median its 10-year median of 1.24 and 30.5% below the Chemicals industry median of 1.66. Yung Chi Paint & Varnish Mfg Co's overall GF Score™ is 85/100 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 Yung Chi Paint & Varnish Mfg Co (TPE:1726), the current Cyclically Adjusted PB Ratio is 1.15 as of Aug. 29, 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 Yung Chi Paint & Varnish Mfg Co (TPE:1726) Overvalued in 2026?

Based on GuruFocus' analysis, Yung Chi Paint & Varnish Mfg Co stock appears to be undervalued. The current stock price of NT$77.60 is trading 1.5% below its estimated GF Value™ of NT$78.79. GuruFocus considers Yung Chi Paint & Varnish Mfg Co to be Fairly Valued.

Key valuation signals for TPE:1726:

  • Cyclically Adjusted PB Ratio: 1.15 (near median its 10-year median of 1.24)
  • GF Value™: NT$78.79 vs. price of NT$77.60 (1.5% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 30.5% below the Chemicals median (#404 of 1098)

No single metric tells the full story. See the TPE:1726 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yung Chi Paint & Varnish Mfg Co Business Description

Address No.26, 28 Yanhai 3rd Road, Xiaogang District, Kaohsiung, TWN, 812
Yung Chi Paint & Varnish Mfg Co Ltd is mainly engaged in the manufacture and sale of paints and coatings and the undertaking of painting projects. The company operates in two segments: the Paint Business Department, which is mainly engaged in the manufacture and sale of various paint products, and the Coating Engineering Department, engaged in the business of painting projects and structural coating or restoration. The company derives the majority of its revenue from the Paint business segment.
85GF Score

Get the complete analysis for TPE:1726

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

NT$77.60
Price
NT$78.79
GF Value