Chunghwa Chemical Synthesis & Biotech Co (TPE:1762) Cyclically Adjusted PB Ratio: 0.91 (As of Aug. 12, 2026) — 50% Below Median

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TPE:1762 Chunghwa Chemical Synthesis & Biotech Co Ltd TPE:1762
58 GF Score
Price NT$36.10
GF Value NT$30.68
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Chunghwa Chemical Synthesis & Biotech Co Cyclically Adjusted PB Ratio?

Chunghwa Chemical Synthesis & Biotech Co TPE:1762 -1.37% 58 Cyclically Adjusted PB Ratio is 0.91 as of Aug. 12, 2026, which is 50% below its 10-year median of 1.81. GuruFocus rates TPE:1762 with a GF Score™ of 58/100 and a GF Value™ of NT$30.68 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 693 Biotechnology companies, Chunghwa Chemical Synthesis & Biotech Co ranks better than 64.07% on this metric.

As of today (2026-08-12), Chunghwa Chemical Synthesis & Biotech Co's current share price is NT$36.10. Chunghwa Chemical Synthesis & Biotech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$39.48. Chunghwa Chemical Synthesis & Biotech Co's Cyclically Adjusted PB Ratio for today is 0.91.

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

TPE:1762' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.81   Max: 3.09
Current: 0.91

During the past years, Chunghwa Chemical Synthesis & Biotech Co's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 0.64. And the median was 1.81.

TPE:1762's Cyclically Adjusted PB Ratio is ranked better than
64.07% of 693 companies
in the Biotechnology industry
Industry Median: 1.62 vs TPE:1762: 0.91

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.

Chunghwa Chemical Synthesis & Biotech Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$57.564. 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$39.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chunghwa Chemical Synthesis & Biotech Co  (TPE:1762) 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.


Chunghwa Chemical Synthesis & Biotech Co Cyclically Adjusted PB Ratio Related Terms


Chunghwa Chemical Synthesis & Biotech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chunghwa Chemical Synthesis & Biotech 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.

Chunghwa Chemical Synthesis & Biotech Co Cyclically Adjusted PB Ratio Chart

Chunghwa Chemical Synthesis & Biotech 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 2.32 2.12 1.71 0.94 0.64

Chunghwa Chemical Synthesis & Biotech 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 0.82 0.69 0.68 0.64 0.73

TPE:1762 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Chunghwa Chemical Synthesis & Biotech 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.


Chunghwa Chemical Synthesis & Biotech Co Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Chunghwa Chemical Synthesis & Biotech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chunghwa Chemical Synthesis & Biotech Co's Cyclically Adjusted PB Ratio falls into.


TPE:1762
58GF Score
Chunghwa Chemical Synthesis & Biotech Co Ltd TPE:1762
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chunghwa Chemical Synthesis & Biotech 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.

Chunghwa Chemical Synthesis & Biotech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.10/39.48
=0.91

* 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.

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

For example, Chunghwa Chemical Synthesis & Biotech 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)
=57.564/330.2130*330.2130
=57.564

Current CPI (Mar. 2026) = 330.2130.

Chunghwa Chemical Synthesis & Biotech Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.302 241.018 30.555
201609 22.463 241.428 30.724
201612 22.832 241.432 31.228
201703 22.719 243.801 30.771
201706 22.056 244.955 29.733
201709 22.788 246.819 30.487
201712 23.476 246.524 31.446
201803 23.573 249.554 31.192
201806 23.292 251.989 30.522
201809 26.422 252.439 34.562
201812 25.576 251.233 33.616
201903 26.182 254.202 34.011
201906 25.156 256.143 32.430
201909 25.454 256.759 32.736
201912 25.979 256.974 33.383
202003 26.381 258.115 33.750
202006 30.636 257.797 39.242
202009 30.996 260.280 39.324
202012 32.213 260.474 40.838
202103 33.849 264.877 42.198
202106 36.105 271.696 43.881
202109 36.031 274.310 43.374
202112 37.314 278.802 44.195
202203 38.342 287.504 44.038
202206 38.548 296.311 42.958
202209 39.981 296.808 44.481
202212 41.166 296.797 45.801
202303 43.912 301.836 48.040
202306 42.742 305.109 46.259
202309 42.676 307.789 45.785
202312 43.195 306.746 46.500
202403 43.579 312.332 46.074
202406 43.159 314.175 45.362
202409 43.041 315.301 45.077
202412 43.282 315.605 45.285
202503 43.523 319.799 44.940
202506 42.360 322.561 43.365
202509 41.779 324.800 42.475
202512 40.138 324.054 40.901
202603 57.564 330.213 57.564

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 0.91 mean?
Chunghwa Chemical Synthesis & Biotech Co (TPE:1762) has a Cyclically Adjusted PB Ratio of 0.91 as of Aug. 12, 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 Chunghwa Chemical Synthesis & Biotech Co and its competitors. This is 50% below median its historical median of 1.81. Over the past decade, Chunghwa Chemical Synthesis & Biotech Co's Cyclically Adjusted PB Ratio has ranged from 0.64 to 3.09. According to the industry distribution chart, Chunghwa Chemical Synthesis & Biotech Co ranks #249 out of 693 companies in the Biotechnology industry, placing it in the top 35.9%.
Is Chunghwa Chemical Synthesis & Biotech Co's Cyclically Adjusted PB Ratio too high?
Chunghwa Chemical Synthesis & Biotech Co's current Cyclically Adjusted PB Ratio of 0.91 is 50% below median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 3.09. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Chunghwa Chemical Synthesis & Biotech Co's value of 0.91 is 43.8% below this industry median. Based on the distribution chart, Chunghwa Chemical Synthesis & Biotech Co ranks #249 out of 693 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Chunghwa Chemical Synthesis & Biotech Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chunghwa Chemical Synthesis & Biotech Co's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Chunghwa Chemical Synthesis & Biotech Co ranks #249 out of 693 companies for Cyclically Adjusted PB Ratio. This puts Chunghwa Chemical Synthesis & Biotech Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Chunghwa Chemical Synthesis & Biotech Co's value of 0.91 is 43.8% below this benchmark. Historically, Chunghwa Chemical Synthesis & Biotech Co's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 3.09 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.62, Chunghwa Chemical Synthesis & Biotech 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 693 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. Chunghwa Chemical Synthesis & Biotech Co's current Cyclically Adjusted PB Ratio of 0.91 is 43.8% 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 Chunghwa Chemical Synthesis & Biotech Co and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chunghwa Chemical Synthesis & Biotech Co's current Cyclically Adjusted PB Ratio is 0.91, which is 50% below median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chunghwa Chemical Synthesis & Biotech Co stock overvalued right now?
Based on GuruFocus' analysis, Chunghwa Chemical Synthesis & Biotech Co (TPE:1762) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$30.68, compared to a current price of NT$36.10 — trading 17.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.91, which is 50% below median its 10-year median of 1.81 and 43.8% below the Biotechnology industry median of 1.62. Chunghwa Chemical Synthesis & Biotech Co's overall GF Score™ is 58/100 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 Chunghwa Chemical Synthesis & Biotech Co (TPE:1762), the current Cyclically Adjusted PB Ratio is 0.91 as of Aug. 12, 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 Chunghwa Chemical Synthesis & Biotech Co (TPE:1762) Overvalued in 2026?

Based on GuruFocus' analysis, Chunghwa Chemical Synthesis & Biotech Co stock appears to be overvalued. The current stock price of NT$36.10 is trading 17.7% above its estimated GF Value™ of NT$30.68. GuruFocus considers Chunghwa Chemical Synthesis & Biotech Co to be Modestly Overvalued.

Key valuation signals for TPE:1762:

  • Cyclically Adjusted PB Ratio: 0.91 (50% below median its 10-year median of 1.81)
  • GF Value™: NT$30.68 vs. price of NT$36.10 (17.7% above fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 43.8% below the Biotechnology median (#249 of 693)

No single metric tells the full story. See the TPE:1762 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chunghwa Chemical Synthesis & Biotech Co Business Description

Address No. 1, Dongxing Street, Shulin District, Taipei, TWN
Chunghwa Chemical Synthesis & Biotech Co Ltd is engaged in the research, development, manufacturing, and sales of pharmaceutical products. Geographically, it derives a majority of its revenue from the United States and also has a presence in Taiwan. Its product portfolio comprises pain management, antifungal, immunosuppressant, oncology, Cardiovascular, Peptide Drugs, and Others.
58GF Score

Get the complete analysis for TPE:1762

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

NT$36.10
Price
NT$30.68
GF Value