Sanyang Motor Co (TPE:2206) Cyclically Adjusted PB Ratio: 2.46 (As of Aug. 10, 2026) — 34% Above Median

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TPE:2206 Sanyang Motor Co Ltd TPE:2206
84 GF Score
Price NT$62.70
GF Value NT$70.95
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Sanyang Motor Co Cyclically Adjusted PB Ratio?

Sanyang Motor Co TPE:2206 +1.13% 84 Cyclically Adjusted PB Ratio is 2.46 as of Aug. 10, 2026, which is 34% above its 10-year median of 1.84. GuruFocus rates TPE:2206 with a GF Score™ of 84/100 and a GF Value™ of NT$70.95 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,009 Vehicles & Parts companies, Sanyang Motor Co ranks worse than 69.47% on this metric.

As of today (2026-08-10), Sanyang Motor Co's current share price is NT$62.70. Sanyang Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$25.49. Sanyang Motor Co's Cyclically Adjusted PB Ratio for today is 2.46.

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

TPE:2206' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.84   Max: 4.67
Current: 2.43

During the past years, Sanyang Motor Co's highest Cyclically Adjusted PB Ratio was 4.67. The lowest was 1.09. And the median was 1.84.

TPE:2206's Cyclically Adjusted PB Ratio is ranked worse than
69.47% of 1009 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs TPE:2206: 2.43

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.

Sanyang Motor Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$35.280. 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$25.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanyang Motor Co  (TPE:2206) 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.


Sanyang Motor Co Cyclically Adjusted PB Ratio Related Terms


Sanyang Motor Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sanyang Motor 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.

Sanyang Motor Co Cyclically Adjusted PB Ratio Chart

Sanyang Motor 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 1.41 1.65 3.28 2.96 2.48

Sanyang Motor 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 2.93 2.55 2.52 2.48 2.29

TPE:2206 vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Sanyang Motor 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.


Sanyang Motor Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


TPE:2206
84GF Score
Sanyang Motor Co Ltd TPE:2206
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanyang Motor 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.

Sanyang Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.70/25.49
=2.46

* 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.

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

For example, Sanyang Motor 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)
=35.28/330.2130*330.2130
=35.280

Current CPI (Mar. 2026) = 330.2130.

Sanyang Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.901 241.018 24.526
201609 17.269 241.428 23.620
201612 16.920 241.432 23.142
201703 16.381 243.801 22.187
201706 15.873 244.955 21.398
201709 15.963 246.819 21.357
201712 15.478 246.524 20.732
201803 15.210 249.554 20.126
201806 15.095 251.989 19.781
201809 16.481 252.439 21.559
201812 15.634 251.233 20.549
201903 18.220 254.202 23.668
201906 17.581 256.143 22.665
201909 17.510 256.759 22.519
201912 17.098 256.974 21.971
202003 17.119 258.115 21.901
202006 16.932 257.797 21.688
202009 18.145 260.280 23.020
202012 18.393 260.474 23.318
202103 19.267 264.877 24.020
202106 20.283 271.696 24.651
202109 19.112 274.310 23.007
202112 19.452 278.802 23.039
202203 21.227 287.504 24.380
202206 20.753 296.311 23.127
202209 22.019 296.808 24.497
202212 22.513 296.797 25.048
202303 24.304 301.836 26.589
202306 25.455 305.109 27.549
202309 27.089 307.789 29.063
202312 28.271 306.746 30.434
202403 30.304 312.332 32.039
202406 29.097 314.175 30.582
202409 30.511 315.301 31.954
202412 31.735 315.605 33.204
202503 33.680 319.799 34.777
202506 29.329 322.561 30.025
202509 31.741 324.800 32.270
202512 33.813 324.054 34.456
202603 35.280 330.213 35.280

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 2.46 mean?
Sanyang Motor Co (TPE:2206) has a Cyclically Adjusted PB Ratio of 2.46 as of Aug. 10, 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 Sanyang Motor Co and its competitors. This is 34% above median its historical median of 1.84. Over the past decade, Sanyang Motor Co's Cyclically Adjusted PB Ratio has ranged from 1.09 to 4.67. According to the industry distribution chart, Sanyang Motor Co ranks #701 out of 1009 companies in the Vehicles & Parts industry, placing it in the top 69.5%.
Is Sanyang Motor Co's Cyclically Adjusted PB Ratio too high?
Sanyang Motor Co's current Cyclically Adjusted PB Ratio of 2.46 is 34% above median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 4.67. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. Sanyang Motor Co's value of 2.46 is 92.2% above this industry median. Based on the distribution chart, Sanyang Motor Co ranks #701 out of 1009 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Sanyang Motor Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sanyang Motor Co's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Sanyang Motor Co ranks #701 out of 1009 companies for Cyclically Adjusted PB Ratio. This places Sanyang Motor Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Sanyang Motor Co's value of 2.46 is 92.2% above this benchmark. Historically, Sanyang Motor Co's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 4.67 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.28, Sanyang Motor 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 1,009 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. Sanyang Motor Co's current Cyclically Adjusted PB Ratio of 2.46 is 92.2% 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 Sanyang Motor Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanyang Motor Co's current Cyclically Adjusted PB Ratio is 2.46, which is 34% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanyang Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Sanyang Motor Co (TPE:2206) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$70.95, compared to a current price of NT$62.70 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.46, which is 34% above median its 10-year median of 1.84 and 92.2% above the Vehicles & Parts industry median of 1.28. Sanyang Motor Co's overall GF Score™ is 84/100 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 Sanyang Motor Co (TPE:2206), the current Cyclically Adjusted PB Ratio is 2.46 as of Aug. 10, 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 Sanyang Motor Co (TPE:2206) Overvalued in 2026?

Based on GuruFocus' analysis, Sanyang Motor Co stock appears to be undervalued. The current stock price of NT$62.70 is trading 11.6% below its estimated GF Value™ of NT$70.95. GuruFocus considers Sanyang Motor Co to be Modestly Undervalued.

Key valuation signals for TPE:2206:

  • Cyclically Adjusted PB Ratio: 2.46 (34% above median its 10-year median of 1.84)
  • GF Value™: NT$70.95 vs. price of NT$62.70 (11.6% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 92.2% above the Vehicles & Parts median (#701 of 1009)

No single metric tells the full story. See the TPE:2206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanyang Motor Co Business Description

Address No. 3, Chung Hua Road, Hukou Township, Hsinchu, TWN, 303
Sanyang Motor Co Ltd is an automobile manufacturer domiciled in Taiwan. The business activities of the group are manufacturing and sale of automobiles, scooters and their parts and providing related technical and consulting services.
84GF Score

Get the complete analysis for TPE:2206

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

NT$62.70
Price
NT$70.95
GF Value