Run Long Construction Co (TPE:1808) Cyclically Adjusted PB Ratio: 3.17 (As of Aug. 01, 2026) — 10% Below Median

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TPE:1808 Run Long Construction Co Ltd TPE:1808
73 GF Score
Price NT$33.00
GF Value NT$50.46
Valuation Possible Value Trap
! 5 Warning Signs
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What is Run Long Construction Co Cyclically Adjusted PB Ratio?

Run Long Construction Co TPE:1808 +1.69% 73 Cyclically Adjusted PB Ratio is 3.17 as of Aug. 01, 2026, which is 10% below its 10-year median of 3.54. GuruFocus rates TPE:1808 with a GF Score™ of 73/100 and a GF Value™ of NT$50.46 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,416 Real Estate companies, Run Long Construction Co ranks worse than 90.61% on this metric.

As of today (2026-08-01), Run Long Construction Co's current share price is NT$33.00. Run Long Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$10.42. Run Long Construction Co's Cyclically Adjusted PB Ratio for today is 3.17.

The historical rank and industry rank for Run Long Construction Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1808' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.09   Med: 3.54   Max: 7.44
Current: 3.1

During the past years, Run Long Construction Co's highest Cyclically Adjusted PB Ratio was 7.44. The lowest was 2.09. And the median was 3.54.

TPE:1808's Cyclically Adjusted PB Ratio is ranked worse than
90.61% of 1416 companies
in the Real Estate industry
Industry Median: 0.69 vs TPE:1808: 3.10

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.

Run Long Construction Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$15.326. 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$10.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Run Long Construction Co  (TPE:1808) 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.


Run Long Construction Co Cyclically Adjusted PB Ratio Related Terms


Run Long Construction Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Run Long Construction 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.

Run Long Construction Co Cyclically Adjusted PB Ratio Chart

Run Long Construction 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 3.22 4.45 5.93 4.38 3.37

Run Long Construction 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 4.02 3.38 3.18 3.37 2.93

Run Long Construction Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Run Long Construction 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.


Run Long Construction Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Run Long Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Run Long Construction Co's Cyclically Adjusted PB Ratio falls into.


TPE:1808
73GF Score
Run Long Construction Co Ltd TPE:1808
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Run Long Construction 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.

Run Long Construction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.00/10.42
=3.17

* 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.

Run Long Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Run Long Construction 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)
=15.326/330.2130*330.2130
=15.326

Current CPI (Mar. 2026) = 330.2130.

Run Long Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.392 241.018 8.758
201609 7.025 241.428 9.608
201612 7.680 241.432 10.504
201703 7.657 243.801 10.371
201706 5.924 244.955 7.986
201709 5.968 246.819 7.984
201712 7.268 246.524 9.735
201803 7.963 249.554 10.537
201806 7.609 251.989 9.971
201809 7.945 252.439 10.393
201812 8.112 251.233 10.662
201903 8.219 254.202 10.677
201906 5.348 256.143 6.895
201909 5.251 256.759 6.753
201912 6.120 256.974 7.864
202003 5.909 258.115 7.560
202006 5.295 257.797 6.782
202009 5.417 260.280 6.872
202012 5.674 260.474 7.193
202103 6.073 264.877 7.571
202106 6.410 271.696 7.791
202109 7.192 274.310 8.658
202112 7.475 278.802 8.853
202203 6.632 287.504 7.617
202206 6.629 296.311 7.387
202209 7.450 296.808 8.288
202212 6.745 296.797 7.504
202303 7.414 301.836 8.111
202306 8.955 305.109 9.692
202309 13.612 307.789 14.604
202312 15.129 306.746 16.286
202403 13.994 312.332 14.795
202406 16.139 314.175 16.963
202409 16.591 315.301 17.376
202412 16.282 315.605 17.036
202503 13.891 319.799 14.343
202506 13.763 322.561 14.089
202509 12.519 324.800 12.728
202512 14.383 324.054 14.656
202603 15.326 330.213 15.326

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.

What does a Cyclically Adjusted PB Ratio of 3.17 mean?
Run Long Construction Co (TPE:1808) has a Cyclically Adjusted PB Ratio of 3.17 as of Aug. 01, 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 Run Long Construction Co and its competitors. This is 10% below median its historical median of 3.54. Over the past decade, Run Long Construction Co's Cyclically Adjusted PB Ratio has ranged from 2.09 to 7.44. According to the industry distribution chart, Run Long Construction Co ranks #1283 out of 1416 companies in the Real Estate industry, placing it in the top 90.6%.
Is Run Long Construction Co's Cyclically Adjusted PB Ratio too high?
Run Long Construction Co's current Cyclically Adjusted PB Ratio of 3.17 is 10% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 7.44. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Run Long Construction Co's value of 3.17 is 359.4% above this industry median. Based on the distribution chart, Run Long Construction Co ranks #1283 out of 1416 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Run Long Construction Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Run Long Construction Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Run Long Construction Co ranks #1283 out of 1416 companies for Cyclically Adjusted PB Ratio. This places Run Long Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Run Long Construction Co's value of 3.17 is 359.4% above this benchmark. Historically, Run Long Construction Co's own Cyclically Adjusted PB Ratio has ranged from 2.09 to 7.44 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 0.69, Run Long Construction 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,416 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. Run Long Construction Co's current Cyclically Adjusted PB Ratio of 3.17 is 359.4% 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 Run Long Construction Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Run Long Construction Co's current Cyclically Adjusted PB Ratio is 3.17, which is 10% below median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Run Long Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Run Long Construction Co (TPE:1808) is currently considered Possible Value Trap. The stock's GF Value™ is NT$50.46, compared to a current price of NT$33.00 — trading 34.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.17, which is 10% below median its 10-year median of 3.54 and 359.4% above the Real Estate industry median of 0.69. Run Long Construction Co's overall GF Score™ is 73/100 with 5 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 Run Long Construction Co (TPE:1808), the current Cyclically Adjusted PB Ratio is 3.17 as of Aug. 01, 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 Run Long Construction Co (TPE:1808) Overvalued in 2026?

Based on GuruFocus' analysis, Run Long Construction Co stock appears to be undervalued. The current stock price of NT$33.00 is trading 34.6% below its estimated GF Value™ of NT$50.46. GuruFocus considers Run Long Construction Co to be Possible Value Trap.

Key valuation signals for TPE:1808:

  • Cyclically Adjusted PB Ratio: 3.17 (10% below median its 10-year median of 3.54)
  • GF Value™: NT$50.46 vs. price of NT$33.00 (34.6% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 359.4% above the Real Estate median (#1283 of 1416)

No single metric tells the full story. See the TPE:1808 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Run Long Construction Co Business Description

Address Lequn 2nd Road, 8th Floor, No. 267, Zhongshan District, Taipei, TWN, 10491
Run Long Construction Co Ltd is a Taiwan-based company engaged in the construction, leasing, and sale of residential and commercial buildings. The company develops and sells residential properties and usually sells properties in advance during construction. The company's segments include: the Developing segment and the Constructing segment. It derives maximum revenue from the Developing Segment.
73GF Score

Get the complete analysis for TPE:1808

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

NT$33.00
Price
NT$50.46
GF Value