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Hsin Yung Chien Co (TPE:2114) Cyclically Adjusted PB Ratio : 2.33 (As of Jun. 03, 2025)


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What is Hsin Yung Chien Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Hsin Yung Chien Co's current share price is NT$90.60. Hsin Yung Chien Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$38.90. Hsin Yung Chien Co's Cyclically Adjusted PB Ratio for today is 2.33.

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

TPE:2114' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.26   Med: 2.84   Max: 4.81
Current: 2.35

During the past years, Hsin Yung Chien Co's highest Cyclically Adjusted PB Ratio was 4.81. The lowest was 2.26. And the median was 2.84.

TPE:2114's Cyclically Adjusted PB Ratio is ranked worse than
67.58% of 990 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs TPE:2114: 2.35

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.

Hsin Yung Chien Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$41.281. 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$38.90 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hsin Yung Chien Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hsin Yung Chien 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.

* Premium members only.

Hsin Yung Chien Co Cyclically Adjusted PB Ratio Chart

Hsin Yung Chien Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 3.84 2.79 2.92 2.45

Hsin Yung Chien Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.95 2.71 2.46 2.45 2.39

Competitive Comparison of Hsin Yung Chien Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Hsin Yung Chien 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.


Hsin Yung Chien Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hsin Yung Chien Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hsin Yung Chien Co's Cyclically Adjusted PB Ratio falls into.


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Hsin Yung Chien 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.

Hsin Yung Chien Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=90.60/38.90
=2.33

* 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.

Hsin Yung Chien Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hsin Yung Chien Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=41.281/134.9266*134.9266
=41.281

Current CPI (Mar. 2025) = 134.9266.

Hsin Yung Chien Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.319 100.684 33.930
201509 27.195 100.392 36.550
201512 28.508 99.792 38.545
201603 29.524 100.470 39.649
201606 26.412 101.688 35.045
201609 27.280 101.861 36.135
201612 28.646 101.863 37.944
201703 28.857 102.862 37.852
201706 25.631 103.349 33.462
201709 26.114 104.136 33.835
201712 28.657 104.011 37.175
201803 29.668 105.290 38.019
201806 26.894 106.317 34.131
201809 28.218 106.507 35.748
201812 29.414 105.998 37.442
201903 30.748 107.251 38.683
201906 27.706 108.070 34.591
201909 28.891 108.329 35.984
201912 30.120 108.420 37.484
202003 31.526 108.902 39.060
202006 28.019 108.767 34.758
202009 29.127 109.815 35.788
202012 32.377 109.897 39.751
202103 34.012 111.754 41.064
202106 47.276 114.631 55.646
202109 38.104 115.734 44.423
202112 40.334 117.630 46.265
202203 41.855 121.301 46.557
202206 35.462 125.017 38.273
202209 36.899 125.227 39.757
202212 38.502 125.222 41.486
202303 39.734 127.348 42.099
202306 36.331 128.729 38.080
202309 37.936 129.860 39.416
202312 39.601 129.419 41.286
202403 40.874 131.776 41.851
202406 37.099 132.554 37.763
202409 38.442 133.029 38.990
202412 39.815 133.157 40.344
202503 41.281 134.927 41.281

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.


Hsin Yung Chien Co  (TPE:2114) 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.


Hsin Yung Chien Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Hsin Yung Chien Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hsin Yung Chien Co Business Description

Traded in Other Exchanges
N/A
Address
No. 294, Nangang 3rd Road, Nan Kung Industrial Zone, Nantou County, Nantou, TWN, 54067
Hsin Yung Chien Co Ltd is engaged in the manufacturing, processing and sales of rubber conveyor belts, rubber sheet, oil resistant, acid resistant, heat resistant packer elements, and other rubber products. Its geographic areas are Northern America, Asia, Europe, and Other locations. It generates the majority of its revenue from Northern America region.

Hsin Yung Chien Co Headlines

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