Shiny Chemical Industrial Co (TPE:1773) Cyclically Adjusted PB Ratio: 5.82 (As of Aug. 03, 2026) — Near Median

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TPE:1773 Shiny Chemical Industrial Co Ltd TPE:1773
95 GF Score
Price NT$150.50
GF Value NT$145.23
Valuation Fairly Valued
! 1 Warning Sign
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What is Shiny Chemical Industrial Co Cyclically Adjusted PB Ratio?

Shiny Chemical Industrial Co TPE:1773 +2.73% 95 Cyclically Adjusted PB Ratio is 5.82 as of Aug. 03, 2026, which is 4% above its 10-year median of 5.58. GuruFocus rates TPE:1773 with a GF Score™ of 95/100 and a GF Value™ of NT$145.23 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,248 Chemicals companies, Shiny Chemical Industrial Co ranks worse than 87.26% on this metric.

As of today (2026-08-03), Shiny Chemical Industrial Co's current share price is NT$150.50. Shiny Chemical Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$25.86. Shiny Chemical Industrial Co's Cyclically Adjusted PB Ratio for today is 5.82.

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

TPE:1773' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 5.58   Max: 9.26
Current: 5.67

During the past years, Shiny Chemical Industrial Co's highest Cyclically Adjusted PB Ratio was 9.26. The lowest was 2.93. And the median was 5.58.

TPE:1773's Cyclically Adjusted PB Ratio is ranked worse than
87.26% of 1248 companies
in the Chemicals industry
Industry Median: 1.62 vs TPE:1773: 5.67

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.

Shiny Chemical Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$39.532. 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$25.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shiny Chemical Industrial Co  (TPE:1773) 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.


Shiny Chemical Industrial Co Cyclically Adjusted PB Ratio Related Terms


Shiny Chemical Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shiny Chemical Industrial 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.

Shiny Chemical Industrial Co Cyclically Adjusted PB Ratio Chart

Shiny Chemical Industrial 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 7.16 5.15 5.48 5.86 5.55

Shiny Chemical Industrial 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 4.77 5.09 5.52 5.55 5.26

TPE:1773 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Shiny Chemical Industrial 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.


Shiny Chemical Industrial Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Shiny Chemical Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:1773
95GF Score
Shiny Chemical Industrial Co Ltd TPE:1773
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shiny Chemical Industrial 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.

Shiny Chemical Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=150.50/25.86
=5.82

* 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.

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

For example, Shiny Chemical Industrial 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)
=39.532/330.2130*330.2130
=39.532

Current CPI (Mar. 2026) = 330.2130.

Shiny Chemical Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.017 241.018 17.834
201609 13.609 241.428 18.614
201612 14.172 241.432 19.383
201703 14.677 243.801 19.879
201706 13.441 244.955 18.119
201709 14.247 246.819 19.061
201712 15.009 246.524 20.104
201803 15.856 249.554 20.981
201806 14.363 251.989 18.822
201809 15.230 252.439 19.922
201812 16.028 251.233 21.067
201903 16.713 254.202 21.710
201906 14.856 256.143 19.152
201909 15.577 256.759 20.033
201912 16.408 256.974 21.084
202003 17.187 258.115 21.988
202006 16.971 257.797 21.738
202009 18.014 260.280 22.854
202012 19.217 260.474 24.362
202103 20.444 264.877 25.487
202106 19.844 271.696 24.118
202109 21.203 274.310 25.524
202112 22.612 278.802 26.782
202203 24.356 287.504 27.974
202206 24.013 296.311 26.760
202209 25.575 296.808 28.453
202212 26.793 296.797 29.810
202303 27.961 301.836 30.590
202306 26.298 305.109 28.462
202309 27.701 307.789 29.719
202312 29.015 306.746 31.235
202403 30.405 312.332 32.146
202406 29.394 314.175 30.895
202409 31.070 315.301 32.539
202412 32.577 315.605 34.085
202503 34.195 319.799 35.309
202506 33.326 322.561 34.117
202509 35.267 324.800 35.855
202512 37.451 324.054 38.163
202603 39.532 330.213 39.532

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 5.82 mean?
Shiny Chemical Industrial Co (TPE:1773) has a Cyclically Adjusted PB Ratio of 5.82 as of Aug. 03, 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 Shiny Chemical Industrial Co and its competitors. This is near median its historical median of 5.58. Over the past decade, Shiny Chemical Industrial Co's Cyclically Adjusted PB Ratio has ranged from 2.93 to 9.26. According to the industry distribution chart, Shiny Chemical Industrial Co ranks #1089 out of 1248 companies in the Chemicals industry, placing it in the top 87.3%.
Is Shiny Chemical Industrial Co's Cyclically Adjusted PB Ratio too high?
Shiny Chemical Industrial Co's current Cyclically Adjusted PB Ratio of 5.82 is near median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 9.26. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.62. Shiny Chemical Industrial Co's value of 5.82 is 259.3% above this industry median. Based on the distribution chart, Shiny Chemical Industrial Co ranks #1089 out of 1248 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shiny Chemical Industrial Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shiny Chemical Industrial Co's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Shiny Chemical Industrial Co ranks #1089 out of 1248 companies for Cyclically Adjusted PB Ratio. This places Shiny Chemical Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Shiny Chemical Industrial Co's value of 5.82 is 259.3% above this benchmark. Historically, Shiny Chemical Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 2.93 to 9.26 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 1.62, Shiny Chemical Industrial 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.62, based on 1,248 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. Shiny Chemical Industrial Co's current Cyclically Adjusted PB Ratio of 5.82 is 259.3% 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 Shiny Chemical Industrial Co and its competitors. For the Chemicals 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. Shiny Chemical Industrial Co's current Cyclically Adjusted PB Ratio is 5.82, which is near median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiny Chemical Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shiny Chemical Industrial Co (TPE:1773) is currently considered Fairly Valued. The stock's GF Value™ is NT$145.23, compared to a current price of NT$150.50 — trading 3.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.82, which is near median its 10-year median of 5.58 and 259.3% above the Chemicals industry median of 1.62. Shiny Chemical Industrial Co's overall GF Score™ is 95/100 with 1 warning sign 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 Shiny Chemical Industrial Co (TPE:1773), the current Cyclically Adjusted PB Ratio is 5.82 as of Aug. 03, 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 Shiny Chemical Industrial Co (TPE:1773) Overvalued in 2026?

Based on GuruFocus' analysis, Shiny Chemical Industrial Co stock appears to be overvalued. The current stock price of NT$150.50 is trading 3.6% above its estimated GF Value™ of NT$145.23. GuruFocus considers Shiny Chemical Industrial Co to be Fairly Valued.

Key valuation signals for TPE:1773:

  • Cyclically Adjusted PB Ratio: 5.82 (near median its 10-year median of 5.58)
  • GF Value™: NT$145.23 vs. price of NT$150.50 (3.6% above fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 259.3% above the Chemicals median (#1089 of 1248)

No single metric tells the full story. See the TPE:1773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiny Chemical Industrial Co Business Description

Address No. 5, Yonggong 1st Road, Yongan District, Kaohsiung, TWN, 82841
Shiny Chemical Industrial Co Ltd is a Taiwan-based company predominantly engaged in the manufacturing and distribution of chemical solvent series products including N-Butyl Acetate, and N-Propyl Acetate, Propylene Glycol Monomethyl Ether Propionate and Methanol, and among others. Geographically, the company generates a majority of its revenue from Taiwan and the rest from South Korea, Vietnam, Thailand, China, and other markets.
95GF Score

Get the complete analysis for TPE:1773

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

NT$150.50
Price
NT$145.23
GF Value