Shining Victory Motor Electronic Co (TPE:2248) Cyclically Adjusted PB Ratio: 2.54 (As of Jul. 25, 2026) — 12% Above Median

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TPE:2248 Shining Victory Motor Electronic Co Ltd TPE:2248
86 GF Score
Price NT$62.20
GF Value NT$56.58
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Shining Victory Motor Electronic Co Cyclically Adjusted PB Ratio?

Shining Victory Motor Electronic Co TPE:2248 -0.80% 86 Cyclically Adjusted PB Ratio is 2.54 as of Jul. 25, 2026, which is 12% above its 10-year median of 2.27. GuruFocus rates TPE:2248 with a GF Score™ of 86/100 and a GF Value™ of NT$56.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,028 Vehicles & Parts companies, Shining Victory Motor Electronic Co ranks worse than 70.62% on this metric.

As of today (2026-07-25), Shining Victory Motor Electronic Co's current share price is NT$62.20. Shining Victory Motor Electronic Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$24.45. Shining Victory Motor Electronic Co's Cyclically Adjusted PB Ratio for today is 2.54.

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

TPE:2248' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.27   Max: 3.26
Current: 2.56

During the past 11 years, Shining Victory Motor Electronic Co's highest Cyclically Adjusted PB Ratio was 3.26. The lowest was 1.89. And the median was 2.27.

TPE:2248's Cyclically Adjusted PB Ratio is ranked worse than
70.62% of 1028 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs TPE:2248: 2.56

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.

Shining Victory Motor Electronic Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$34.903. 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$24.45 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shining Victory Motor Electronic Co  (TPE:2248) 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.


Shining Victory Motor Electronic Co Cyclically Adjusted PB Ratio Related Terms


Shining Victory Motor Electronic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shining Victory Motor Electronic 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.

Shining Victory Motor Electronic Co Cyclically Adjusted PB Ratio Chart

Shining Victory Motor Electronic 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 0.00 3.12 1.99

Shining Victory Motor Electronic Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 3.12 0.00 0.00 0.00 1.99

TPE:2248 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Shining Victory Motor Electronic 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.


Shining Victory Motor Electronic Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


TPE:2248
86GF Score
Shining Victory Motor Electronic Co Ltd TPE:2248
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shining Victory Motor Electronic 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.

Shining Victory Motor Electronic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.20/24.45
=2.54

* 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.

Shining Victory Motor Electronic Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Shining Victory Motor Electronic Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=34.903/324.0540*324.0540
=34.903

Current CPI (Dec25) = 324.0540.

Shining Victory Motor Electronic Co Annual Data

Book Value per Share CPI Adj_Book
201612 0.000 241.432 0.000
201712 16.513 246.524 21.706
201812 17.866 251.233 23.045
201912 16.821 256.974 21.212
202012 16.391 260.474 20.392
202112 18.531 278.802 21.539
202212 20.863 296.797 22.779
202312 23.030 306.746 24.329
202412 29.377 315.605 30.163
202512 34.903 324.054 34.903

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 2.54 mean?
Shining Victory Motor Electronic Co (TPE:2248) has a Cyclically Adjusted PB Ratio of 2.54 as of Jul. 25, 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 Shining Victory Motor Electronic Co and its competitors. This is 12% above median its historical median of 2.27. Over the past decade, Shining Victory Motor Electronic Co's Cyclically Adjusted PB Ratio has ranged from 1.89 to 3.26. According to the industry distribution chart, Shining Victory Motor Electronic Co ranks #726 out of 1028 companies in the Vehicles & Parts industry, placing it in the top 70.6%.
Is Shining Victory Motor Electronic Co's Cyclically Adjusted PB Ratio too high?
Shining Victory Motor Electronic Co's current Cyclically Adjusted PB Ratio of 2.54 is 12% above median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 3.26. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Shining Victory Motor Electronic Co's value of 2.54 is 100% above this industry median. Based on the distribution chart, Shining Victory Motor Electronic Co ranks #726 out of 1028 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shining Victory Motor Electronic Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shining Victory Motor Electronic Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shining Victory Motor Electronic Co ranks #726 out of 1028 companies for Cyclically Adjusted PB Ratio. This places Shining Victory Motor Electronic Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Shining Victory Motor Electronic Co's value of 2.54 is 100% above this benchmark. Historically, Shining Victory Motor Electronic Co's own Cyclically Adjusted PB Ratio has ranged from 1.89 to 3.26 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 1.27, Shining Victory Motor Electronic 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 1.27, based on 1,028 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. Shining Victory Motor Electronic Co's current Cyclically Adjusted PB Ratio of 2.54 is 100% 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 Shining Victory Motor Electronic Co 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. Shining Victory Motor Electronic Co's current Cyclically Adjusted PB Ratio is 2.54, which is 12% above median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Victory Motor Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Victory Motor Electronic Co (TPE:2248) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.58, compared to a current price of NT$62.20 — trading 9.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.54, which is 12% above median its 10-year median of 2.27 and 100% above the Vehicles & Parts industry median of 1.27. Shining Victory Motor Electronic 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 Shining Victory Motor Electronic Co (TPE:2248), the current Cyclically Adjusted PB Ratio is 2.54 as of Jul. 25, 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 Shining Victory Motor Electronic Co (TPE:2248) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Victory Motor Electronic Co stock appears to be overvalued. The current stock price of NT$62.20 is trading 9.9% above its estimated GF Value™ of NT$56.58. GuruFocus considers Shining Victory Motor Electronic Co to be Fairly Valued.

Key valuation signals for TPE:2248:

  • Cyclically Adjusted PB Ratio: 2.54 (12% above median its 10-year median of 2.27)
  • GF Value™: NT$56.58 vs. price of NT$62.20 (9.9% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 100% above the Vehicles & Parts median (#726 of 1028)

No single metric tells the full story. See the TPE:2248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Victory Motor Electronic Co Business Description

Address The Grand Pavilion Commercial Centre, Oleander Way, 802 West Bay Road, P.O. Box 32052, Grand Cayman, CYM, KY1-1208
Shining Victory Motor Electronic Co Ltd is engaged in the manufacturing and sale of automotive LED interior lighting, interior and exterior decoration, LED automotive lamps, and other automotive parts. The Company is also involved in the production and sales of auto and motorcycle molds, design and manufacture of jigs, assembly of automotive electronic components, production of automotive electronics components, and sales of automobile electronic components. The company mainly operates in China, Thailand, Mexico, and the United States, with China deriving maximum revenue.
86GF Score

Get the complete analysis for TPE:2248

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

NT$62.20
Price
NT$56.58
GF Value