Chin-Poon Industrial Co (TPE:2355) Cyclically Adjusted PB Ratio: 0.78 (As of Aug. 02, 2026) — Near Median

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TPE:2355 Chin-Poon Industrial Co Ltd TPE:2355
76 GF Score
Price NT$36.65
GF Value NT$36.47
Valuation Fairly Valued
! 4 Warning Signs
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What is Chin-Poon Industrial Co Cyclically Adjusted PB Ratio?

Chin-Poon Industrial Co TPE:2355 +6.23% 76 Cyclically Adjusted PB Ratio is 0.78 as of Aug. 02, 2026, which is 4% below its 10-year median of 0.81. GuruFocus rates TPE:2355 with a GF Score™ of 76/100 and a GF Value™ of NT$36.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,973 Hardware companies, Chin-Poon Industrial Co ranks better than 74.86% on this metric.

As of today (2026-08-02), Chin-Poon Industrial Co's current share price is NT$36.65. Chin-Poon Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$47.16. Chin-Poon Industrial Co's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for Chin-Poon Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2355' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.81   Max: 1.38
Current: 0.87

During the past years, Chin-Poon Industrial Co's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.55. And the median was 0.81.

TPE:2355's Cyclically Adjusted PB Ratio is ranked better than
74.86% of 1973 companies
in the Hardware industry
Industry Median: 2 vs TPE:2355: 0.87

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.

Chin-Poon Industrial Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$43.447. 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$47.16 for the trailing ten years ended in Dec. 2025.

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
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 0.83 0.68 0.68 0.73 0.65

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.65/47.16
=0.78

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

For example, Chin-Poon Industrial 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)
=43.447/324.0540*324.0540
=43.447

Current CPI (Dec. 2025) = 324.0540.

Chin-Poon Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 39.809 238.132 54.173
201606 38.419 241.018 51.655
201609 39.149 241.428 52.547
201612 40.595 241.432 54.487
201703 40.653 243.801 54.035
201706 38.713 244.955 51.214
201709 40.076 246.819 52.617
201712 40.684 246.524 53.479
201803 41.366 249.554 53.715
201806 37.493 251.989 48.215
201809 38.250 252.439 49.101
201812 38.863 251.233 50.128
201903 39.371 254.202 50.190
201906 39.115 256.143 49.486
201909 39.400 256.759 49.727
201912 39.587 256.974 49.921
202003 39.328 258.115 49.375
202006 37.780 257.797 47.490
202009 37.976 260.280 47.281
202012 38.504 260.474 47.903
202103 38.343 264.877 46.909
202106 38.305 271.696 45.687
202109 38.363 274.310 45.320
202112 38.419 278.802 44.655
202203 39.128 287.504 44.102
202206 38.724 296.311 42.350
202209 39.520 296.808 43.148
202212 39.883 296.797 43.546
202303 40.073 301.836 43.023
202306 39.024 305.109 41.447
202309 40.518 307.789 42.659
202312 40.509 306.746 42.795
202403 41.645 312.332 43.208
202406 41.525 314.175 42.831
202409 42.935 315.301 44.127
202412 43.350 315.605 44.511
202503 44.405 319.799 44.996
202506 39.726 322.561 39.910
202509 41.266 324.800 41.171
202512 43.447 324.054 43.447

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 0.78 mean?
Chin-Poon Industrial Co (TPE:2355) has a Cyclically Adjusted PB Ratio of 0.78 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 Chin-Poon Industrial Co and its competitors. This is near median its historical median of 0.81. Over the past decade, Chin-Poon Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.38. According to the industry distribution chart, Chin-Poon Industrial Co ranks #496 out of 1973 companies in the Hardware industry, placing it in the top 25.1%.
Is Chin-Poon Industrial Co's Cyclically Adjusted PB Ratio too high?
Chin-Poon Industrial Co's current Cyclically Adjusted PB Ratio of 0.78 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.38. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Chin-Poon Industrial Co's value of 0.78 is 61% below this industry median. Based on the distribution chart, Chin-Poon Industrial Co ranks #496 out of 1973 companies in the Hardware industry, which is above the industry midpoint. Overall, Chin-Poon Industrial Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chin-Poon Industrial Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Chin-Poon Industrial Co ranks #496 out of 1973 companies for Cyclically Adjusted PB Ratio. This puts Chin-Poon Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Chin-Poon Industrial Co's value of 0.78 is 61% below this benchmark. Historically, Chin-Poon Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.38 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 2.00, Chin-Poon Industrial Co 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,973 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. Chin-Poon Industrial Co's current Cyclically Adjusted PB Ratio of 0.78 is 61% 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 Chin-Poon Industrial Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chin-Poon Industrial Co's current Cyclically Adjusted PB Ratio is 0.78, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chin-Poon Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chin-Poon Industrial Co (TPE:2355) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.47, compared to a current price of NT$36.65 — trading 0.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is near median its 10-year median of 0.81 and 61% below the Hardware industry median of 2.00. Chin-Poon Industrial Co's overall GF Score™ is 76/100 with 4 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 Chin-Poon Industrial Co (TPE:2355), the current Cyclically Adjusted PB Ratio is 0.78 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 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$36.65 is trading 0.5% above its estimated GF Value™ of NT$36.47. GuruFocus considers Chin-Poon Industrial Co to be Fairly Valued.

Key valuation signals for TPE:2355:

  • Cyclically Adjusted PB Ratio: 0.78 (near median its 10-year median of 0.81)
  • GF Value™: NT$36.47 vs. price of NT$36.65 (0.5% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 61% below the Hardware median (#496 of 1973)

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$36.65
Price
NT$36.47
GF Value