Quintain Steel Co (TPE:2017) Cyclically Adjusted PB Ratio: 0.68 (As of Jul. 18, 2026) — 28% Below Median

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TPE:2017 Quintain Steel Co Ltd TPE:2017
59 GF Score
Price NT$8.91
GF Value NT$9.54
Valuation Fairly Valued
! 7 Warning Signs
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What is Quintain Steel Co Cyclically Adjusted PB Ratio?

Quintain Steel Co TPE:2017 -2.84% 59 Cyclically Adjusted PB Ratio is 0.68 as of Jul. 18, 2026, which is 28% below its 10-year median of 0.95. GuruFocus rates TPE:2017 with a GF Score™ of 59/100 and a GF Value™ of NT$9.54 (Fairly Valued). The stock has 7 warning signs investors should review. Among 517 Steel companies, Quintain Steel Co ranks better than 60.74% on this metric.

As of today (2026-07-18), Quintain Steel Co's current share price is NT$8.91. Quintain Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$13.15. Quintain Steel Co's Cyclically Adjusted PB Ratio for today is 0.68.

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

TPE:2017' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.95   Max: 2.48
Current: 0.69

During the past years, Quintain Steel Co's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.44. And the median was 0.95.

TPE:2017's Cyclically Adjusted PB Ratio is ranked better than
60.74% of 517 companies
in the Steel industry
Industry Median: 0.93 vs TPE:2017: 0.69

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.

Quintain Steel Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$11.095. 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$13.15 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quintain Steel Co  (TPE:2017) 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.


Quintain Steel Co Cyclically Adjusted PB Ratio Related Terms


Quintain Steel Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Quintain Steel 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.

Quintain Steel Co Cyclically Adjusted PB Ratio Chart

Quintain Steel 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 1.48 1.04 1.19 0.84 0.64

Quintain Steel 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 0.84 0.82 0.73 0.72 0.64

TPE:2017 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Quintain Steel 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.


Quintain Steel Co Cyclically Adjusted PB Ratio vs Steel Industry

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

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


TPE:2017
59GF Score
Quintain Steel Co Ltd TPE:2017
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quintain Steel 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.

Quintain Steel Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.91/13.15
=0.68

* 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.

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

For example, Quintain Steel 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)
=11.095/324.0540*324.0540
=11.095

Current CPI (Dec. 2025) = 324.0540.

Quintain Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.244 238.132 12.579
201606 9.593 241.018 12.898
201609 9.677 241.428 12.989
201612 9.957 241.432 13.364
201703 10.375 243.801 13.790
201706 10.124 244.955 13.393
201709 10.277 246.819 13.493
201712 10.491 246.524 13.790
201803 10.664 249.554 13.848
201806 10.515 251.989 13.522
201809 10.492 252.439 13.468
201812 10.533 251.233 13.586
201903 10.512 254.202 13.401
201906 10.055 256.143 12.721
201909 9.923 256.759 12.524
201912 9.767 256.974 12.317
202003 9.450 258.115 11.864
202006 9.473 257.797 11.908
202009 9.583 260.280 11.931
202012 10.485 260.474 13.044
202103 10.988 264.877 13.443
202106 11.981 271.696 14.290
202109 11.919 274.310 14.080
202112 13.135 278.802 15.267
202203 13.054 287.504 14.714
202206 12.082 296.311 13.213
202209 12.233 296.808 13.356
202212 11.912 296.797 13.006
202303 12.231 301.836 13.131
202306 12.958 305.109 13.763
202309 12.393 307.789 13.048
202312 12.467 306.746 13.170
202403 13.418 312.332 13.922
202406 13.759 314.175 14.192
202409 13.378 315.301 13.749
202412 12.103 315.605 12.427
202503 11.926 319.799 12.085
202506 11.975 322.561 12.030
202509 11.663 324.800 11.636
202512 11.095 324.054 11.095

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 0.68 mean?
Quintain Steel Co (TPE:2017) has a Cyclically Adjusted PB Ratio of 0.68 as of Jul. 18, 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 Quintain Steel Co and its competitors. This is 28% below median its historical median of 0.95. Over the past decade, Quintain Steel Co's Cyclically Adjusted PB Ratio has ranged from 0.44 to 2.48. According to the industry distribution chart, Quintain Steel Co ranks #203 out of 517 companies in the Steel industry, placing it in the top 39.3%.
Is Quintain Steel Co's Cyclically Adjusted PB Ratio too high?
Quintain Steel Co's current Cyclically Adjusted PB Ratio of 0.68 is 28% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.48. The Steel industry median Cyclically Adjusted PB Ratio is 0.93. Quintain Steel Co's value of 0.68 is 26.9% below this industry median. Based on the distribution chart, Quintain Steel Co ranks #203 out of 517 companies in the Steel industry, which is above the industry midpoint. Overall, Quintain Steel Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quintain Steel Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Quintain Steel Co ranks #203 out of 517 companies for Cyclically Adjusted PB Ratio. This puts Quintain Steel Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.93. Quintain Steel Co's value of 0.68 is 26.9% below this benchmark. Historically, Quintain Steel Co's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 2.48 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.93, Quintain Steel 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.93, based on 517 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. Quintain Steel Co's current Cyclically Adjusted PB Ratio of 0.68 is 26.9% 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 Quintain Steel Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quintain Steel Co's current Cyclically Adjusted PB Ratio is 0.68, which is 28% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quintain Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Quintain Steel Co (TPE:2017) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.54, compared to a current price of NT$8.91 — trading 6.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.68, which is 28% below median its 10-year median of 0.95 and 26.9% below the Steel industry median of 0.93. Quintain Steel Co's overall GF Score™ is 59/100 with 7 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 Quintain Steel Co (TPE:2017), the current Cyclically Adjusted PB Ratio is 0.68 as of Jul. 18, 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 Quintain Steel Co (TPE:2017) Overvalued in 2026?

Based on GuruFocus' analysis, Quintain Steel Co stock appears to be undervalued. The current stock price of NT$8.91 is trading 6.6% below its estimated GF Value™ of NT$9.54. GuruFocus considers Quintain Steel Co to be Fairly Valued.

Key valuation signals for TPE:2017:

  • Cyclically Adjusted PB Ratio: 0.68 (28% below median its 10-year median of 0.95)
  • GF Value™: NT$9.54 vs. price of NT$8.91 (6.6% below fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 26.9% below the Steel median (#203 of 517)

No single metric tells the full story. See the TPE:2017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quintain Steel Co Business Description

Address NO.119-5, Nanbu, Nanbu Village, Guantian District, Tainan, TWN, 702
Quintain Steel Co Ltd manufactures steel products. Its product portfolio comprises of carbon steel wire, a deformed bar in oil, spheroidized wire, and galvanized wire. Quintain's hot-rolled wire rod products are used in low and high-carbon steel and low-alloy steel. Its products are applied in the manufacture of barbecue frames, hardware, stationery, and others. The company reportable segments includes Quintain Steel Co- manufactures and sales of deformed bar in coil, spheroidized wire, galvanized wire, Chateau Co- operation of recreation area, hotels, restaurants, research consultancy business (except architect or business) and consultancy on operation of various recreation industry facilities. (3)Other Segments-Engage in bicycle and accessory manufacture and trade and general investment.
59GF Score

Get the complete analysis for TPE:2017

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

NT$8.91
Price
NT$9.54
GF Value