Chin-Poon Industrial Co (TPE:2355) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2355 Chin-Poon Industrial Co Ltd TPE:2355
76 GF Score
Price NT$40.45
GF Value NT$37.43
Valuation Fairly Valued
! 3 Warning Signs
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What is Chin-Poon Industrial Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chin-Poon Industrial Co  (TPE:2355) 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.


Chin-Poon Industrial Co Cyclically Adjusted PB Ratio Related Terms


Chin-Poon Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chin-Poon Industrial 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.

Chin-Poon Industrial Co Cyclically Adjusted PB Ratio Chart

Chin-Poon Industrial 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 0.88 0.65 1.10 0.83 0.65

Chin-Poon Industrial 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 0.68 0.68 0.73 0.65 1.07

TPE:2355 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Chin-Poon Industrial 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.


Chin-Poon Industrial Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Chin-Poon Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chin-Poon Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:2355
76GF Score
Chin-Poon Industrial Co Ltd TPE:2355
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chin-Poon Industrial 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.

Chin-Poon Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chin-Poon Industrial 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)
=44.455/330.2130*330.2130
=44.455

Current CPI (Mar. 2026) = 330.2130.

Chin-Poon Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 38.419 241.018 52.637
201609 39.149 241.428 53.546
201612 40.595 241.432 55.523
201703 40.653 243.801 55.062
201706 38.713 244.955 52.187
201709 40.076 246.819 53.617
201712 40.684 246.524 54.495
201803 41.366 249.554 54.736
201806 37.493 251.989 49.132
201809 38.250 252.439 50.034
201812 38.863 251.233 51.080
201903 39.371 254.202 51.144
201906 39.115 256.143 50.426
201909 39.400 256.759 50.672
201912 39.587 256.974 50.870
202003 39.328 258.115 50.313
202006 37.780 257.797 48.393
202009 37.976 260.280 48.180
202012 38.504 260.474 48.813
202103 38.343 264.877 47.801
202106 38.305 271.696 46.555
202109 38.363 274.310 46.181
202112 38.419 278.802 45.503
202203 39.128 287.504 44.941
202206 38.724 296.311 43.155
202209 39.520 296.808 43.968
202212 39.883 296.797 44.373
202303 40.073 301.836 43.840
202306 39.024 305.109 42.235
202309 40.518 307.789 43.470
202312 40.509 306.746 43.608
202403 41.645 312.332 44.029
202406 41.525 314.175 43.645
202409 42.935 315.301 44.966
202412 43.350 315.605 45.356
202503 44.405 319.799 45.851
202506 39.726 322.561 40.668
202509 41.266 324.800 41.954
202512 43.447 324.054 44.273
202603 44.455 330.213 44.455

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.

Is Chin-Poon Industrial Co (TPE:2355) Overvalued in 2026?

Based on GuruFocus' analysis, Chin-Poon Industrial Co stock appears to be overvalued. The current stock price of NT$40.45 is trading 8.1% above its estimated GF Value™ of NT$37.43. GuruFocus considers Chin-Poon Industrial Co to be Fairly Valued.

Key valuation signals for TPE:2355:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$37.43 vs. price of NT$40.45 (8.1% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the TPE:2355 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chin-Poon Industrial Co Business Description

Address No. 46, Nei-Tsuoh Street, 3rd Lin, Nei-Tsuoh Village, LuChu County, Taoyuan, TWN, 338
Chin-Poon Industrial Co Ltd manufactures and distributes rigid printed circuit boards and electronic materials. The company is headquartered in Taiwan and earns the majority of its revenue internationally. It manufactures high-density interconnect products for use in mobile phones, personal digital assistants, and digital cameras. The company produces different types of circuit boards for use in several industries, including automotive, consumer, information technology, industrial, and telecommunications. Geographically, the company generates revenue from Taiwan, the United States, Germany, Japan, Hungary, Mexico, Romania, China, and Others.
76GF Score

Get the complete analysis for TPE:2355

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

NT$40.45
Price
NT$37.43
GF Value