Patec Precision Industry Co (TPE:2236) Cyclically Adjusted PB Ratio: 4.35 (As of Aug. 02, 2026) — 27% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:2236 Patec Precision Industry Co Ltd TPE:2236
72 GF Score
Price NT$130.50
GF Value NT$386.15
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Patec Precision Industry Co Cyclically Adjusted PB Ratio?

Patec Precision Industry Co TPE:2236 -0.76% 72 Cyclically Adjusted PB Ratio is 4.35 as of Aug. 02, 2026, which is 27% above its 10-year median of 3.43. GuruFocus rates TPE:2236 with a GF Score™ of 72/100 and a GF Value™ of NT$386.15 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,262 Industrial Products companies, Patec Precision Industry Co ranks worse than 78.74% on this metric.

As of today (2026-08-02), Patec Precision Industry Co's current share price is NT$130.50. Patec Precision Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$29.97. Patec Precision Industry Co's Cyclically Adjusted PB Ratio for today is 4.35.

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

TPE:2236' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 3.43   Max: 6.14
Current: 4.97

During the past years, Patec Precision Industry Co's highest Cyclically Adjusted PB Ratio was 6.14. The lowest was 2.12. And the median was 3.43.

TPE:2236's Cyclically Adjusted PB Ratio is ranked worse than
78.74% of 2262 companies
in the Industrial Products industry
Industry Median: 2.075 vs TPE:2236: 4.97

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.

Patec Precision Industry Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$35.671. 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$29.97 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Patec Precision Industry Co  (TPE:2236) 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.


Patec Precision Industry Co Cyclically Adjusted PB Ratio Related Terms


Patec Precision Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Patec Precision Industry 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.

Patec Precision Industry Co Cyclically Adjusted PB Ratio Chart

Patec Precision Industry 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 0.00 0.00 2.40 4.21 3.87

Patec Precision Industry Co 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 4.21 3.28 3.23 3.57 3.87

TPE:2236 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Patec Precision Industry 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.


Patec Precision Industry Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Patec Precision Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Patec Precision Industry Co's Cyclically Adjusted PB Ratio falls into.


TPE:2236
72GF Score
Patec Precision Industry Co Ltd TPE:2236
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patec Precision Industry 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.

Patec Precision Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=130.50/29.97
=4.35

* 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.

Patec Precision Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Patec Precision Industry Co'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)
=35.671/324.0540*324.0540
=35.671

Current CPI (Dec. 2025) = 324.0540.

Patec Precision Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 23.533 238.132 32.024
201606 23.471 241.018 31.557
201609 22.905 241.428 30.744
201612 23.848 241.432 32.009
201703 23.212 243.801 30.853
201706 22.511 244.955 29.780
201709 22.182 246.819 29.123
201712 22.609 246.524 29.719
201803 22.792 249.554 29.596
201806 23.060 251.989 29.655
201809 22.903 252.439 29.400
201812 23.735 251.233 30.615
201903 24.445 254.202 31.162
201906 24.286 256.143 30.725
201909 24.085 256.759 30.398
201912 23.357 256.974 29.454
202003 22.679 258.115 28.473
202006 22.413 257.797 28.173
202009 22.981 260.280 28.612
202012 23.233 260.474 28.904
202103 23.642 264.877 28.924
202106 23.850 271.696 28.446
202109 22.953 274.310 27.115
202112 23.403 278.802 27.202
202203 24.563 287.504 27.686
202206 22.011 296.311 24.072
202209 22.736 296.808 24.823
202212 23.206 296.797 25.337
202303 24.064 301.836 25.835
202306 23.932 305.109 25.418
202309 26.233 307.789 27.619
202312 29.043 306.746 30.682
202403 30.457 312.332 31.600
202406 30.235 314.175 31.186
202409 30.098 315.301 30.934
202412 38.473 315.605 39.503
202503 39.730 319.799 40.259
202506 33.448 322.561 33.603
202509 31.979 324.800 31.906
202512 35.671 324.054 35.671

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 4.35 mean?
Patec Precision Industry Co (TPE:2236) has a Cyclically Adjusted PB Ratio of 4.35 as of Aug. 02, 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 Patec Precision Industry Co and its competitors. This is 27% above median its historical median of 3.43. Over the past decade, Patec Precision Industry Co's Cyclically Adjusted PB Ratio has ranged from 2.12 to 6.14. According to the industry distribution chart, Patec Precision Industry Co ranks #1781 out of 2262 companies in the Industrial Products industry, placing it in the top 78.7%.
Is Patec Precision Industry Co's Cyclically Adjusted PB Ratio too high?
Patec Precision Industry Co's current Cyclically Adjusted PB Ratio of 4.35 is 27% above median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 6.14. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Patec Precision Industry Co's value of 4.35 is 109.6% above this industry median. Based on the distribution chart, Patec Precision Industry Co ranks #1781 out of 2262 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Patec Precision Industry Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Patec Precision Industry Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Patec Precision Industry Co ranks #1781 out of 2262 companies for Cyclically Adjusted PB Ratio. This places Patec Precision Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Patec Precision Industry Co's value of 4.35 is 109.6% above this benchmark. Historically, Patec Precision Industry Co's own Cyclically Adjusted PB Ratio has ranged from 2.12 to 6.14 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 2.08, Patec Precision Industry 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,262 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. Patec Precision Industry Co's current Cyclically Adjusted PB Ratio of 4.35 is 109.6% 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 Patec Precision Industry Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patec Precision Industry Co's current Cyclically Adjusted PB Ratio is 4.35, which is 27% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patec Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Patec Precision Industry Co (TPE:2236) is currently considered Possible Value Trap. The stock's GF Value™ is NT$386.15, compared to a current price of NT$130.50 — trading 66.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.35, which is 27% above median its 10-year median of 3.43 and 109.6% above the Industrial Products industry median of 2.08. Patec Precision Industry Co's overall GF Score™ is 72/100 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 Patec Precision Industry Co (TPE:2236), the current Cyclically Adjusted PB Ratio is 4.35 as of Aug. 02, 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 Patec Precision Industry Co (TPE:2236) Overvalued in 2026?

Based on GuruFocus' analysis, Patec Precision Industry Co stock appears to be undervalued. The current stock price of NT$130.50 is trading 66.2% below its estimated GF Value™ of NT$386.15. GuruFocus considers Patec Precision Industry Co to be Possible Value Trap.

Key valuation signals for TPE:2236:

  • Cyclically Adjusted PB Ratio: 4.35 (27% above median its 10-year median of 3.43)
  • GF Value™: NT$386.15 vs. price of NT$130.50 (66.2% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 109.6% above the Industrial Products median (#1781 of 2262)

No single metric tells the full story. See the TPE:2236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patec Precision Industry Co Business Description

Address 2 Woodlands Walk Singapore, Singapore, SGP, 738221
Patec Precision Industry Co Ltd is engaged in investment holdings, production and sale of press machines and parts for automobiles and motorcycles, sale and lease of service robot and manufacturing and assembly of HDD actuator arms. Geographic segments include Singapore, Indonesia, China, Thailand, and Europe, with the majority of revenue coming from Thailand.
72GF Score

Get the complete analysis for TPE:2236

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

NT$130.50
Price
NT$386.15
GF Value