Chun Yu Works (TPE:2012) Cyclically Adjusted PB Ratio: 0.99 (As of Jul. 11, 2026) — 34% Below Median


TPE:2012 Chun Yu Works & Co Ltd TPE:2012
61 GF Score
Price NT$15.70
GF Value NT$19.15
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Chun Yu Works Cyclically Adjusted PB Ratio?

Chun Yu Works TPE:2012 61 Cyclically Adjusted PB Ratio is 0.99 as of Jul. 11, 2026, which is 34% below its 10-year median of 1.51. GuruFocus rates TPE:2012 with a GF Score™ of 61/100 and a GF Value™ of NT$19.15 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 519 Steel companies, Chun Yu Works ranks worse than 53.18% on this metric.

As of today (2026-07-11), Chun Yu Works's current share price is NT$15.70. Chun Yu Works's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$15.89. Chun Yu Works's Cyclically Adjusted PB Ratio for today is 0.99.

The historical rank and industry rank for Chun Yu Works's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2012' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.51   Max: 2.48
Current: 1.03

During the past years, Chun Yu Works's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.89. And the median was 1.51.

TPE:2012's Cyclically Adjusted PB Ratio is ranked worse than
53.18% of 519 companies
in the Steel industry
Industry Median: 0.94 vs TPE:2012: 1.03

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 Yu Works's adjusted book value per share data for the three months ended in Dec. 2025 was NT$13.890. 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$15.89 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chun Yu Works  (TPE:2012) 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 Yu Works Cyclically Adjusted PB Ratio Related Terms


Chun Yu Works Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chun Yu 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.

Chun Yu Works Cyclically Adjusted PB Ratio Chart

Chun Yu Works 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 2.11 1.61 1.64 1.55 1.07

Chun Yu Works 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 1.55 1.48 1.16 1.08 1.07

TPE:2012 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Chun Yu 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.


Chun Yu Works Cyclically Adjusted PB Ratio vs Steel Industry

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

* The bar in red indicates where Chun Yu Works's Cyclically Adjusted PB Ratio falls into.


TPE:2012
61GF Score
Chun Yu Works & Co Ltd TPE:2012
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chun Yu 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.

Chun Yu Works's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.70/15.89
=0.99

* 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 Yu Works's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Chun Yu Works'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)
=13.89/324.0540*324.0540
=13.890

Current CPI (Dec. 2025) = 324.0540.

Chun Yu Works Quarterly Data

Book Value per Share CPI Adj_Book
201603 11.621 238.132 15.814
201606 11.145 241.018 14.985
201609 12.275 241.428 16.476
201612 11.413 241.432 15.319
201703 12.434 243.801 16.527
201706 12.093 244.955 15.998
201709 12.232 246.819 16.060
201712 12.620 246.524 16.589
201803 13.211 249.554 17.155
201806 12.746 251.989 16.391
201809 12.965 252.439 16.643
201812 13.288 251.233 17.140
201903 14.087 254.202 17.958
201906 13.055 256.143 16.516
201909 13.220 256.759 16.685
201912 13.293 256.974 16.763
202003 11.014 258.115 13.828
202006 11.799 257.797 14.831
202009 11.879 260.280 14.790
202012 12.573 260.474 15.642
202103 12.503 264.877 15.296
202106 13.426 271.696 16.013
202109 14.344 274.310 16.945
202112 14.148 278.802 16.444
202203 14.772 287.504 16.650
202206 15.028 296.311 16.435
202209 15.596 296.808 17.028
202212 15.383 296.797 16.796
202303 14.707 301.836 15.790
202306 15.018 305.109 15.951
202309 15.210 307.789 16.014
202312 15.347 306.746 16.213
202403 14.775 312.332 15.330
202406 15.312 314.175 15.793
202409 15.465 315.301 15.894
202412 15.319 315.605 15.729
202503 14.406 319.799 14.598
202506 12.872 322.561 12.932
202509 13.607 324.800 13.576
202512 13.890 324.054 13.890

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 0.99 mean?
Chun Yu Works (TPE:2012) has a Cyclically Adjusted PB Ratio of 0.99 as of Jul. 11, 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 Yu Works and its competitors. This is 34% below median its historical median of 1.51. Over the past decade, Chun Yu Works' Cyclically Adjusted PB Ratio has ranged from 0.89 to 2.48. According to the industry distribution chart, Chun Yu Works ranks #276 out of 519 companies in the Steel industry, placing it in the top 53.2%.
Is Chun Yu Works' Cyclically Adjusted PB Ratio too high?
Chun Yu Works' current Cyclically Adjusted PB Ratio of 0.99 is 34% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 2.48. The Steel industry median Cyclically Adjusted PB Ratio is 0.94. Chun Yu Works' value of 0.99 is 5.3% above this industry median. Based on the distribution chart, Chun Yu Works ranks #276 out of 519 companies in the Steel industry, which is below the industry midpoint. Overall, Chun Yu Works has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chun Yu Works' Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chun Yu Works ranks #276 out of 519 companies for Cyclically Adjusted PB Ratio. This places Chun Yu Works in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.94. Chun Yu Works' value of 0.99 is 5.3% above this benchmark. Historically, Chun Yu Works' own Cyclically Adjusted PB Ratio has ranged from 0.89 to 2.48 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 0.94, Chun Yu Works 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 519 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 Yu Works's current Cyclically Adjusted PB Ratio of 0.99 is 5.3% 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 Chun Yu Works 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 Yu Works's current Cyclically Adjusted PB Ratio is 0.99, which is 34% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chun Yu Works stock overvalued right now?
Based on GuruFocus' analysis, Chun Yu Works (TPE:2012) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.15, compared to a current price of NT$15.70 — trading 18% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 34% below median its 10-year median of 1.51 and 5.3% above the Steel industry median of 0.94. Chun Yu Works' overall GF Score™ is 61/100 with 10 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 Yu Works (TPE:2012), the current Cyclically Adjusted PB Ratio is 0.99 as of Jul. 11, 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 Yu Works (TPE:2012) Overvalued in 2026?

Based on GuruFocus' analysis, Chun Yu Works stock appears to be undervalued. The current stock price of NT$15.70 is trading 18% below its estimated GF Value™ of NT$19.15. GuruFocus considers Chun Yu Works to be Modestly Undervalued.

Key valuation signals for TPE:2012:

  • Cyclically Adjusted PB Ratio: 0.99 (34% below median its 10-year median of 1.51)
  • GF Value™: NT$19.15 vs. price of NT$15.70 (18% below fair value)
  • GF Score™: 61/100 with 10 warning signs
  • Industry Position: 5.3% above the Steel median (#276 of 519)

No single metric tells the full story. See the TPE:2012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chun Yu Works Business Description

Address No. 169, Xinle Street, Gangshan District, Kaohsiung, TWN, 82063
Chun Yu Works & Co Ltd manufactures steel products. The Company is engaged in the manufacture and sales of screws, nuts and wire rods, and other related products. The company's product portfolio comprises aerospace fasteners and medical equipment, automotive fasteners, cold drown wire and annealing wire, bolts, nuts, and self-tapping screws, and others. The group's reportable segment consists of the Screw segment; mainly engaged in the manufacture, process, and trade of screws and nuts. This segment generates the majority of the revenue. The machinery segment is engaged in the manufacture, assembly, and trade of machine tools and chemical machinery. The investment segment engages in general investment.
61GF Score

Get the complete analysis for TPE:2012

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

NT$15.70
Price
NT$19.15
GF Value