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Chung Hwa Chemical Industrial Works (TPE:1727) Cyclically Adjusted PB Ratio : 1.37 (As of Jun. 29, 2025)


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What is Chung Hwa Chemical Industrial Works Cyclically Adjusted PB Ratio?

As of today (2025-06-29), Chung Hwa Chemical Industrial Works's current share price is NT$22.20. Chung Hwa Chemical Industrial Works's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$16.24. Chung Hwa Chemical Industrial Works's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for Chung Hwa Chemical Industrial Works's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1727' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.8   Max: 4.03
Current: 1.37

During the past years, Chung Hwa Chemical Industrial Works's highest Cyclically Adjusted PB Ratio was 4.03. The lowest was 0.61. And the median was 1.80.

TPE:1727's Cyclically Adjusted PB Ratio is ranked better than
56.32% of 1227 companies
in the Chemicals industry
Industry Median: 1.6 vs TPE:1727: 1.37

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.

Chung Hwa Chemical Industrial Works's adjusted book value per share data for the three months ended in Mar. 2025 was NT$16.095. 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$16.24 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chung Hwa Chemical Industrial Works Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chung Hwa Chemical Industrial Works'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.

Chung Hwa Chemical Industrial Works Cyclically Adjusted PB Ratio Chart

Chung Hwa Chemical Industrial Works 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 0.84 3.60 1.63 1.85 1.82

Chung Hwa Chemical Industrial Works 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 1.89 1.87 2.61 1.82 1.57

Competitive Comparison of Chung Hwa Chemical Industrial Works's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Chung Hwa Chemical Industrial Works'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.


Chung Hwa Chemical Industrial Works's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chung Hwa Chemical Industrial Works's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chung Hwa Chemical Industrial Works's Cyclically Adjusted PB Ratio falls into.


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Chung Hwa Chemical Industrial Works 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.

Chung Hwa Chemical Industrial Works's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.20/16.24
=1.37

* 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.

Chung Hwa Chemical Industrial Works's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Chung Hwa Chemical Industrial Works'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)
=16.095/134.9266*134.9266
=16.095

Current CPI (Mar. 2025) = 134.9266.

Chung Hwa Chemical Industrial Works Quarterly Data

Book Value per Share CPI Adj_Book
201506 12.404 100.684 16.623
201509 12.677 100.392 17.038
201512 12.836 99.792 17.355
201603 12.977 100.470 17.427
201606 12.651 101.688 16.786
201609 12.839 101.861 17.007
201612 13.123 101.863 17.383
201703 13.169 102.862 17.274
201706 12.750 103.349 16.646
201709 13.032 104.136 16.885
201712 13.331 104.011 17.293
201803 13.617 105.290 17.450
201806 13.253 106.317 16.819
201809 13.404 106.507 16.981
201812 13.577 105.998 17.282
201903 13.574 107.251 17.077
201906 13.052 108.070 16.296
201909 13.142 108.329 16.369
201912 13.199 108.420 16.426
202003 12.069 108.902 14.953
202006 11.681 108.767 14.490
202009 11.570 109.815 14.216
202012 11.742 109.897 14.416
202103 12.090 111.754 14.597
202106 12.431 114.631 14.632
202109 13.016 115.734 15.174
202112 13.617 117.630 15.619
202203 13.997 121.301 15.569
202206 13.779 125.017 14.871
202209 13.697 125.227 14.758
202212 14.477 125.222 15.599
202303 14.090 127.348 14.929
202306 16.573 128.729 17.371
202309 15.616 129.860 16.225
202312 15.541 129.419 16.202
202403 16.587 131.776 16.984
202406 16.819 132.554 17.120
202409 16.416 133.029 16.650
202412 16.651 133.157 16.872
202503 16.095 134.927 16.095

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.


Chung Hwa Chemical Industrial Works  (TPE:1727) 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.


Chung Hwa Chemical Industrial Works Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Chung Hwa Chemical Industrial Works's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Chung Hwa Chemical Industrial Works Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Gongye 5th Road, Shulin Village, Guanyin District, Taoyuan, TWN, 328
Chung Hwa Chemical Industrial Works Ltd operates as a chemical manufacturer. The company is engaged in the manufacturing and retail of sulfuric acid and other chemical industrial raw materials, and trading of finished products, as well as design of related chemical engineering, industrial investment, chemical raw materials, import and export trade, and agency distribution.

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