Lu Hai Holding (TPE:2115) Cyclically Adjusted PB Ratio: 0.75 (As of Jul. 23, 2026) — 31% Below Median

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TPE:2115 Lu Hai Holding Corp TPE:2115
76 GF Score
Price NT$22.15
GF Value NT$30.40
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lu Hai Holding Cyclically Adjusted PB Ratio?

Lu Hai Holding TPE:2115 +0.68% 76 Cyclically Adjusted PB Ratio is 0.75 as of Jul. 23, 2026, which is 31% below its 10-year median of 1.09. GuruFocus rates TPE:2115 with a GF Score™ of 76/100 and a GF Value™ of NT$30.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,030 Vehicles & Parts companies, Lu Hai Holding ranks better than 69.71% on this metric.

As of today (2026-07-23), Lu Hai Holding's current share price is NT$22.15. Lu Hai Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$29.57. Lu Hai Holding's Cyclically Adjusted PB Ratio for today is 0.75.

The historical rank and industry rank for Lu Hai Holding's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2115' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.09   Max: 1.8
Current: 0.73

During the past years, Lu Hai Holding's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.68. And the median was 1.09.

TPE:2115's Cyclically Adjusted PB Ratio is ranked better than
69.71% of 1030 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs TPE:2115: 0.73

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.

Lu Hai Holding's adjusted book value per share data for the three months ended in Dec. 2025 was NT$30.870. 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$29.57 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lu Hai Holding  (TPE:2115) 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.


Lu Hai Holding Cyclically Adjusted PB Ratio Related Terms


Lu Hai Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lu Hai Holding'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.

Lu Hai Holding Cyclically Adjusted PB Ratio Chart

Lu Hai Holding 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 1.69 1.12 1.05 1.08 0.83

Lu Hai Holding 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 1.08 1.03 0.95 0.90 0.83

TPE:2115 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Lu Hai Holding'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.


Lu Hai Holding Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lu Hai Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lu Hai Holding's Cyclically Adjusted PB Ratio falls into.


TPE:2115
76GF Score
Lu Hai Holding Corp TPE:2115
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lu Hai Holding 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.

Lu Hai Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.15/29.57
=0.75

* 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.

Lu Hai Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Lu Hai Holding'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)
=30.87/324.0540*324.0540
=30.870

Current CPI (Dec. 2025) = 324.0540.

Lu Hai Holding Quarterly Data

Book Value per Share CPI Adj_Book
201603 20.097 238.132 27.348
201606 18.880 241.018 25.385
201609 19.004 241.428 25.508
201612 19.589 241.432 26.293
201703 19.271 243.801 25.615
201706 19.664 244.955 26.014
201709 20.429 246.819 26.822
201712 21.053 246.524 27.674
201803 21.549 249.554 27.982
201806 20.691 251.989 26.608
201809 20.356 252.439 26.131
201812 21.343 251.233 27.529
201903 22.487 254.202 28.666
201906 21.906 256.143 27.714
201909 21.660 256.759 27.337
201912 22.043 256.974 27.797
202003 21.722 258.115 27.271
202006 23.346 257.797 29.346
202009 24.384 260.280 30.359
202012 26.055 260.474 32.415
202103 28.278 264.877 34.596
202106 27.599 271.696 32.918
202109 27.236 274.310 32.175
202112 28.346 278.802 32.947
202203 30.026 287.504 33.843
202206 28.221 296.311 30.863
202209 29.352 296.808 32.046
202212 29.100 296.797 31.772
202303 30.523 301.836 32.770
202306 28.563 305.109 30.337
202309 29.495 307.789 31.054
202312 29.005 306.746 30.642
202403 30.156 312.332 31.288
202406 29.954 314.175 30.896
202409 31.081 315.301 31.944
202412 31.318 315.605 32.156
202503 32.314 319.799 32.744
202506 27.884 322.561 28.013
202509 29.281 324.800 29.214
202512 30.870 324.054 30.870

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 0.75 mean?
Lu Hai Holding (TPE:2115) has a Cyclically Adjusted PB Ratio of 0.75 as of Jul. 23, 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 Lu Hai Holding and its competitors. This is 31% below median its historical median of 1.09. Over the past decade, Lu Hai Holding's Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.80. According to the industry distribution chart, Lu Hai Holding ranks #312 out of 1030 companies in the Vehicles & Parts industry, placing it in the top 30.3%.
Is Lu Hai Holding's Cyclically Adjusted PB Ratio too high?
Lu Hai Holding's current Cyclically Adjusted PB Ratio of 0.75 is 31% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.80. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Lu Hai Holding's value of 0.75 is 40.9% below this industry median. Based on the distribution chart, Lu Hai Holding ranks #312 out of 1030 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Lu Hai Holding has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lu Hai Holding's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lu Hai Holding ranks #312 out of 1030 companies for Cyclically Adjusted PB Ratio. This puts Lu Hai Holding in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Lu Hai Holding's value of 0.75 is 40.9% below this benchmark. Historically, Lu Hai Holding's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.80 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.27, Lu Hai Holding 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,030 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. Lu Hai Holding's current Cyclically Adjusted PB Ratio of 0.75 is 40.9% 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 Lu Hai Holding and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lu Hai Holding's current Cyclically Adjusted PB Ratio is 0.75, which is 31% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lu Hai Holding stock overvalued right now?
Based on GuruFocus' analysis, Lu Hai Holding (TPE:2115) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.40, compared to a current price of NT$22.15 — trading 27.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is 31% below median its 10-year median of 1.09 and 40.9% below the Vehicles & Parts industry median of 1.27. Lu Hai Holding's overall GF Score™ is 76/100 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 Lu Hai Holding (TPE:2115), the current Cyclically Adjusted PB Ratio is 0.75 as of Jul. 23, 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 Lu Hai Holding (TPE:2115) Overvalued in 2026?

Based on GuruFocus' analysis, Lu Hai Holding stock appears to be undervalued. The current stock price of NT$22.15 is trading 27.1% below its estimated GF Value™ of NT$30.40. GuruFocus considers Lu Hai Holding to be Modestly Undervalued.

Key valuation signals for TPE:2115:

  • Cyclically Adjusted PB Ratio: 0.75 (31% below median its 10-year median of 1.09)
  • GF Value™: NT$30.40 vs. price of NT$22.15 (27.1% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 40.9% below the Vehicles & Parts median (#312 of 1030)

No single metric tells the full story. See the TPE:2115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lu Hai Holding Business Description

Address No. 64, Shing-Kong 5th Road, Tien-Chung Industrial District, Tien-Chung, Chang-Hua, TWN
Lu Hai Holding Corp operates in the auto parts industry. The company is engaged in the production, processing, and sale of tire valves and accessories. The company serves the tire, automobile, truck, and agricultural vehicles industry. Geographically, the company operates in China, Indonesia, and Other regions. The company derives maximum revenue from China.
76GF Score

Get the complete analysis for TPE:2115

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

NT$22.15
Price
NT$30.40
GF Value