Chun Yuan Steel Industry Co (TPE:2010) Cyclically Adjusted PB Ratio: 1.06 (As of Jul. 23, 2026) — 16% Above Median

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TPE:2010 Chun Yuan Steel Industry Co Ltd TPE:2010
75 GF Score
Price NT$21.10
GF Value NT$19.76
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Chun Yuan Steel Industry Co Cyclically Adjusted PB Ratio?

Chun Yuan Steel Industry Co TPE:2010 75 Cyclically Adjusted PB Ratio is 1.06 as of Jul. 23, 2026, which is 16% above its 10-year median of 0.91. GuruFocus rates TPE:2010 with a GF Score™ of 75/100 and a GF Value™ of NT$19.76 (Fairly Valued). The stock has 2 warning signs investors should review. Among 514 Steel companies, Chun Yuan Steel Industry Co ranks worse than 55.64% on this metric.

As of today (2026-07-23), Chun Yuan Steel Industry Co's current share price is NT$21.10. Chun Yuan Steel Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$19.87. Chun Yuan Steel Industry Co's Cyclically Adjusted PB Ratio for today is 1.06.

The historical rank and industry rank for Chun Yuan Steel Industry Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2010' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.91   Max: 1.83
Current: 1.05

During the past years, Chun Yuan Steel Industry Co's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 0.50. And the median was 0.91.

TPE:2010's Cyclically Adjusted PB Ratio is ranked worse than
55.64% of 514 companies
in the Steel industry
Industry Median: 0.94 vs TPE:2010: 1.05

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.

Chun Yuan Steel Industry Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$19.937. 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$19.87 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chun Yuan Steel Industry Co  (TPE:2010) 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.


Chun Yuan Steel Industry Co Cyclically Adjusted PB Ratio Related Terms


Chun Yuan Steel Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chun Yuan Steel Industry 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.

Chun Yuan Steel Industry Co Cyclically Adjusted PB Ratio Chart

Chun Yuan Steel Industry 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 1.34 0.84 0.97 0.91 1.04

Chun Yuan Steel Industry Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.91 1.03 0.94 1.03 1.04

TPE:2010 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Chun Yuan Steel Industry 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.


Chun Yuan Steel Industry Co Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Chun Yuan Steel Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chun Yuan Steel Industry Co's Cyclically Adjusted PB Ratio falls into.


TPE:2010
75GF Score
Chun Yuan Steel Industry Co Ltd TPE:2010
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chun Yuan Steel Industry 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.

Chun Yuan Steel Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.10/19.87
=1.06

* 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.

Chun Yuan Steel Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Chun Yuan Steel Industry Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=19.937/324.0540*324.0540
=19.937

Current CPI (Dec. 2025) = 324.0540.

Chun Yuan Steel Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 16.540 238.132 22.508
201606 16.239 241.018 21.834
201609 16.310 241.428 21.892
201612 16.460 241.432 22.093
201703 16.525 243.801 21.965
201706 15.923 244.955 21.065
201709 16.055 246.819 21.079
201712 16.243 246.524 21.351
201803 16.420 249.554 21.322
201806 15.891 251.989 20.436
201809 15.902 252.439 20.413
201812 15.937 251.233 20.556
201903 16.063 254.202 20.477
201906 15.576 256.143 19.706
201909 15.493 256.759 19.554
201912 15.547 256.974 19.605
202003 15.556 258.115 19.530
202006 15.412 257.797 19.373
202009 15.675 260.280 19.516
202012 16.116 260.474 20.050
202103 16.510 264.877 20.199
202106 16.394 271.696 19.553
202109 16.926 274.310 19.995
202112 17.485 278.802 20.323
202203 16.683 287.504 18.804
202206 16.874 296.311 18.454
202209 17.067 296.808 18.634
202212 17.311 296.797 18.901
202303 17.068 301.836 18.324
202306 17.313 305.109 18.388
202309 17.705 307.789 18.641
202312 18.053 306.746 19.072
202403 17.613 312.332 18.274
202406 18.006 314.175 18.572
202409 18.458 315.301 18.970
202412 18.936 315.605 19.443
202503 18.234 319.799 18.477
202506 18.314 322.561 18.399
202509 19.036 324.800 18.992
202512 19.937 324.054 19.937

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 1.06 mean?
Chun Yuan Steel Industry Co (TPE:2010) has a Cyclically Adjusted PB Ratio of 1.06 as of Jul. 23, 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 Chun Yuan Steel Industry Co and its competitors. This is 16% above median its historical median of 0.91. Over the past decade, Chun Yuan Steel Industry Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.83. According to the industry distribution chart, Chun Yuan Steel Industry Co ranks #286 out of 514 companies in the Steel industry, placing it in the top 55.6%.
Is Chun Yuan Steel Industry Co's Cyclically Adjusted PB Ratio too high?
Chun Yuan Steel Industry Co's current Cyclically Adjusted PB Ratio of 1.06 is 16% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.83. The Steel industry median Cyclically Adjusted PB Ratio is 0.94. Chun Yuan Steel Industry Co's value of 1.06 is 12.8% above this industry median. Based on the distribution chart, Chun Yuan Steel Industry Co ranks #286 out of 514 companies in the Steel industry, which is below the industry midpoint. Overall, Chun Yuan Steel Industry Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chun Yuan Steel Industry Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chun Yuan Steel Industry Co ranks #286 out of 514 companies for Cyclically Adjusted PB Ratio. This places Chun Yuan Steel Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.94. Chun Yuan Steel Industry Co's value of 1.06 is 12.8% above this benchmark. Historically, Chun Yuan Steel Industry Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.83 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.94, Chun Yuan Steel Industry 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.94, based on 514 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. Chun Yuan Steel Industry Co's current Cyclically Adjusted PB Ratio of 1.06 is 12.8% 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 Chun Yuan Steel Industry Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chun Yuan Steel Industry Co's current Cyclically Adjusted PB Ratio is 1.06, which is 16% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chun Yuan Steel Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Chun Yuan Steel Industry Co (TPE:2010) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.76, compared to a current price of NT$21.10 — trading 6.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 16% above median its 10-year median of 0.91 and 12.8% above the Steel industry median of 0.94. Chun Yuan Steel Industry Co's overall GF Score™ is 75/100 with 2 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 Chun Yuan Steel Industry Co (TPE:2010), the current Cyclically Adjusted PB Ratio is 1.06 as of Jul. 23, 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 Chun Yuan Steel Industry Co (TPE:2010) Overvalued in 2026?

Based on GuruFocus' analysis, Chun Yuan Steel Industry Co stock appears to be overvalued. The current stock price of NT$21.10 is trading 6.8% above its estimated GF Value™ of NT$19.76. GuruFocus considers Chun Yuan Steel Industry Co to be Fairly Valued.

Key valuation signals for TPE:2010:

  • Cyclically Adjusted PB Ratio: 1.06 (16% above median its 10-year median of 0.91)
  • GF Value™: NT$19.76 vs. price of NT$21.10 (6.8% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 12.8% above the Steel median (#286 of 514)

No single metric tells the full story. See the TPE:2010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chun Yuan Steel Industry Co Business Description

Address Lane. 61, Section 1, Guangfu Road, 13th Floor, No. 20, Sanchong District, Taipei, TWN
Chun Yuan Steel Industry Co Ltd manufactures steel products. The company engaged in the manufacturing, processing, and trading of steel plates, silicon steel sheets, container parts, special steel materials, H-beam steel undertaking of steel structure constructions, etc. Geographically, it derives a majority of revenue from the Taiwan market.
75GF Score

Get the complete analysis for TPE:2010

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

NT$21.10
Price
NT$19.76
GF Value