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Yung Chi Paint & Varnish Mfg Co (TPE:1726) Cyclically Adjusted PB Ratio : 1.21 (As of Jun. 27, 2025)


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What is Yung Chi Paint & Varnish Mfg Co Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Yung Chi Paint & Varnish Mfg Co's current share price is NT$78.40. Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$64.65. Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio for today is 1.21.

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: 1.14   Med: 1.3   Max: 1.57
Current: 1.19

During the past years, Yung Chi Paint & Varnish Mfg Co's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 1.14. And the median was 1.30.

TPE:1726's Cyclically Adjusted PB Ratio is ranked better than
60.85% of 1226 companies
in the Chemicals industry
Industry Median: 1.595 vs TPE:1726: 1.19

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 Mar. 2025 was NT$65.326. 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$64.65 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

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.

* Premium members only.

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

Yung Chi Paint & Varnish Mfg Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.33 1.18 1.22 1.19

Yung Chi Paint & Varnish Mfg Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.27 1.28 1.25 1.19 1.17

Competitive Comparison of Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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
=78.40/64.65
=1.21

* 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 Mar. 2025 is calculated as:

For example, Yung Chi Paint & Varnish Mfg Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=65.326/134.9266*134.9266
=65.326

Current CPI (Mar. 2025) = 134.9266.

Yung Chi Paint & Varnish Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 45.927 100.684 61.547
201509 47.848 100.392 64.308
201512 48.998 99.792 66.249
201603 50.429 100.470 67.724
201606 48.078 101.688 63.793
201609 49.181 101.861 65.146
201612 51.148 101.863 67.750
201703 51.441 102.862 67.476
201706 48.971 103.349 63.934
201709 50.061 104.136 64.863
201712 51.078 104.011 66.260
201803 52.470 105.290 67.239
201806 50.707 106.317 64.352
201809 51.334 106.507 65.032
201812 52.068 105.998 66.278
201903 53.303 107.251 67.058
201906 50.554 108.070 63.118
201909 51.098 108.329 63.644
201912 51.931 108.420 64.627
202003 52.628 108.902 65.205
202006 50.476 108.767 62.616
202009 52.216 109.815 64.156
202012 54.094 109.897 66.414
202103 56.016 111.754 67.631
202106 57.698 114.631 67.913
202109 55.713 115.734 64.952
202112 56.898 117.630 65.265
202203 59.105 121.301 65.744
202206 56.485 125.017 60.962
202209 58.001 125.227 62.494
202212 59.094 125.222 63.674
202303 60.565 127.348 64.169
202306 57.835 128.729 60.620
202309 59.975 129.860 62.315
202312 60.420 129.419 62.991
202403 63.069 131.776 64.577
202406 60.773 132.554 61.861
202409 61.674 133.029 62.554
202412 63.359 133.157 64.201
202503 65.326 134.927 65.326

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.


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

Thank you for viewing the detailed overview of Yung Chi Paint & Varnish Mfg Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Yung Chi Paint & Varnish Mfg Co Business Description

Traded in Other Exchanges
N/A
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 which are 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.

Yung Chi Paint & Varnish Mfg Co Headlines

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