Quintain Steel Co (TPE:2017) Cyclically Adjusted PB Ratio: (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2017 Quintain Steel Co Ltd TPE:2017
58 GF Score
Price NT$8.65
GF Value NT$9.48
Valuation Fairly Valued
! 7 Warning Signs
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What is Quintain Steel Co Cyclically Adjusted PB Ratio?

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
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 0.82 0.73 0.72 0.64 0.00

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
58GF 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 Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Quintain Steel 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)
=12.319/330.2130*330.2130
=12.319

Current CPI (Mar. 2026) = 330.2130.

Quintain Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.593 241.018 13.143
201609 9.677 241.428 13.236
201612 9.957 241.432 13.618
201703 10.375 243.801 14.052
201706 10.124 244.955 13.648
201709 10.277 246.819 13.749
201712 10.491 246.524 14.052
201803 10.664 249.554 14.111
201806 10.515 251.989 13.779
201809 10.492 252.439 13.724
201812 10.533 251.233 13.844
201903 10.512 254.202 13.655
201906 10.055 256.143 12.963
201909 9.923 256.759 12.762
201912 9.767 256.974 12.551
202003 9.450 258.115 12.090
202006 9.473 257.797 12.134
202009 9.583 260.280 12.158
202012 10.485 260.474 13.292
202103 10.988 264.877 13.698
202106 11.981 271.696 14.561
202109 11.919 274.310 14.348
202112 13.135 278.802 15.557
202203 13.054 287.504 14.993
202206 12.082 296.311 13.464
202209 12.233 296.808 13.610
202212 11.912 296.797 13.253
202303 12.231 301.836 13.381
202306 12.958 305.109 14.024
202309 12.393 307.789 13.296
202312 12.467 306.746 13.421
202403 13.418 312.332 14.186
202406 13.759 314.175 14.461
202409 13.378 315.301 14.011
202412 12.103 315.605 12.663
202503 11.926 319.799 12.314
202506 11.975 322.561 12.259
202509 11.663 324.800 11.857
202512 11.095 324.054 11.306
202603 12.319 330.213 12.319

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.

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$8.65 is trading 8.8% below its estimated GF Value™ of NT$9.48. GuruFocus considers Quintain Steel Co to be Fairly Valued.

Key valuation signals for TPE:2017:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$9.48 vs. price of NT$8.65 (8.8% below fair value)
  • GF Score™: 58/100 with 7 warning signs

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.
58GF 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$8.65
Price
NT$9.48
GF Value