King Slide Works Co (TPE:2059) Cyclically Adjusted PB Ratio: 56.29 (As of Aug. 06, 2026) — 1118% Above Median

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TPE:2059 King Slide Works Co Ltd TPE:2059
86 GF Score
Price NT$9,470.00
GF Value NT$4,621.67
Valuation Significantly Overvalued
! 5 Warning Signs
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What is King Slide Works Co Cyclically Adjusted PB Ratio?

King Slide Works Co TPE:2059 -0.26% 86 Cyclically Adjusted PB Ratio is 56.29 as of Aug. 06, 2026, which is 1118% above its 10-year median of 4.62. GuruFocus rates TPE:2059 with a GF Score™ of 86/100 and a GF Value™ of NT$4,621.67 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 333 Furnishings, Fixtures & Appliances companies, King Slide Works Co ranks worse than 99.7% on this metric.

As of today (2026-08-06), King Slide Works Co's current share price is NT$9470.00. King Slide Works Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$168.23. King Slide Works Co's Cyclically Adjusted PB Ratio for today is 56.29.

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

TPE:2059' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.25   Med: 4.62   Max: 49.04
Current: 45.98

During the past years, King Slide Works Co's highest Cyclically Adjusted PB Ratio was 49.04. The lowest was 3.25. And the median was 4.62.

TPE:2059's Cyclically Adjusted PB Ratio is ranked worse than
99.7% of 333 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.22 vs TPE:2059: 45.98

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.

King Slide Works Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$330.846. 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$168.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Slide Works Co  (TPE:2059) 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.


King Slide Works Co Cyclically Adjusted PB Ratio Related Terms


King Slide Works Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for King Slide Works 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.

King Slide Works Co Cyclically Adjusted PB Ratio Chart

King Slide Works 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 5.28 3.39 7.23 10.98 23.45

King Slide Works 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 11.25 13.47 21.11 23.45 18.87

TPE:2059 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Cyclically Adjusted PB Ratio falls into.


TPE:2059
86GF Score
King Slide Works Co Ltd TPE:2059
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King Slide Works 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.

King Slide Works Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9470.00/168.23
=56.29

* 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.

King Slide Works Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, King Slide Works 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)
=330.846/330.2130*330.2130
=330.846

Current CPI (Mar. 2026) = 330.2130.

King Slide Works Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 80.563 241.018 110.377
201609 83.723 241.428 114.512
201612 90.874 241.432 124.291
201703 91.962 243.801 124.557
201706 85.256 244.955 114.930
201709 88.765 246.819 118.756
201712 92.126 246.524 123.401
201803 95.518 249.554 126.391
201806 96.479 251.989 126.429
201809 100.639 252.439 131.645
201812 105.717 251.233 138.951
201903 110.418 254.202 143.435
201906 104.607 256.143 134.857
201909 109.227 256.759 140.475
201912 112.496 256.974 144.558
202003 117.289 258.115 150.051
202006 111.008 257.797 142.191
202009 114.135 260.280 144.801
202012 116.699 260.474 147.944
202103 121.254 264.877 151.163
202106 125.277 271.696 152.259
202109 125.773 274.310 151.405
202112 132.253 278.802 156.640
202203 141.854 287.504 162.927
202206 141.454 296.311 157.638
202209 157.048 296.808 174.723
202212 164.101 296.797 182.577
202303 168.908 301.836 184.788
202306 156.377 305.109 169.244
202309 167.064 307.789 179.235
202312 172.473 306.746 185.668
202403 187.356 312.332 198.082
202406 188.567 314.175 198.193
202409 200.512 315.301 209.995
202412 223.432 315.605 233.774
202503 249.910 319.799 258.048
202506 223.062 322.561 228.354
202509 256.955 324.800 261.237
202512 294.091 324.054 299.681
202603 330.846 330.213 330.846

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 56.29 mean?
King Slide Works Co (TPE:2059) has a Cyclically Adjusted PB Ratio of 56.29 as of Aug. 06, 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 King Slide Works Co and its competitors. This is 1118% above median its historical median of 4.62. Over the past decade, King Slide Works Co's Cyclically Adjusted PB Ratio has ranged from 3.25 to 49.04. According to the industry distribution chart, King Slide Works Co ranks #332 out of 333 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 99.7%.
Is King Slide Works Co's Cyclically Adjusted PB Ratio too high?
King Slide Works Co's current Cyclically Adjusted PB Ratio of 56.29 is 1118% above median its 10-year median of 4.62. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 49.04. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.22. King Slide Works Co's value of 56.29 is 4513.9% above this industry median. Based on the distribution chart, King Slide Works Co ranks #332 out of 333 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, King Slide Works Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Slide Works Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, King Slide Works Co ranks #332 out of 333 companies for Cyclically Adjusted PB Ratio. This places King Slide Works Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. King Slide Works Co's value of 56.29 is 4513.9% above this benchmark. Historically, King Slide Works Co's own Cyclically Adjusted PB Ratio has ranged from 3.25 to 49.04 over the past decade. While the company's 10-year median is 4.62 vs. the industry median of 1.22, King Slide Works 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.22, based on 333 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. King Slide Works Co's current Cyclically Adjusted PB Ratio of 56.29 is 4513.9% 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 King Slide Works Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Slide Works Co's current Cyclically Adjusted PB Ratio is 56.29, which is 1118% above median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Slide Works Co stock overvalued right now?
Based on GuruFocus' analysis, King Slide Works Co (TPE:2059) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4,621.67, compared to a current price of NT$9,470.00 — trading 104.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 56.29, which is 1118% above median its 10-year median of 4.62 and 4513.9% above the Furnishings, Fixtures & Appliances industry median of 1.22. King Slide Works Co's overall GF Score™ is 86/100 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 King Slide Works Co (TPE:2059), the current Cyclically Adjusted PB Ratio is 56.29 as of Aug. 06, 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 King Slide Works Co (TPE:2059) Overvalued in 2026?

Based on GuruFocus' analysis, King Slide Works Co stock appears to be overvalued. The current stock price of NT$9,470.00 is trading 104.9% above its estimated GF Value™ of NT$4,621.67. GuruFocus considers King Slide Works Co to be Significantly Overvalued.

Key valuation signals for TPE:2059:

  • Cyclically Adjusted PB Ratio: 56.29 (1118% above median its 10-year median of 4.62)
  • GF Value™: NT$4,621.67 vs. price of NT$9,470.00 (104.9% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 4513.9% above the Furnishings, Fixtures & Appliances median (#332 of 333)

No single metric tells the full story. See the TPE:2059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Slide Works Co Business Description

Address No. 136, Shun An Road, Lane 275, Lu Zhu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd mainly designs, manufactures and sells the following products: Rail kits for cloud computing servers and data devices. Furniture, wooden kitchen accessories, slides and molds. Its segments are King Slide Works Co, King Slide Technology Co, and others. The company generates majority of revenue from King Slide Technology Co, Ltd. mainly R&D, designs and sells the rail kits for servers and network communications equipment. The company has presence in Taiwan, USA, China, and Others. The company generates majority of revenue from USA. The company's products includes Kitchen & Furniture Solutions, Special Applications, Server Rail Kits & CMA, and Consumer Electronics Solutions.
86GF Score

Get the complete analysis for TPE:2059

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

NT$9,470.00
Price
NT$4,621.67
GF Value