C Sun Manufacturing (TPE:2467) Cyclically Adjusted PB Ratio: 27.34 (As of Jul. 15, 2026) — 898% Above Median

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TPE:2467 C Sun Manufacturing Ltd TPE:2467
70 GF Score
Price NT$589.00
GF Value NT$227.19
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is C Sun Manufacturing Cyclically Adjusted PB Ratio?

C Sun Manufacturing TPE:2467 +9.89% 70 Cyclically Adjusted PB Ratio is 27.34 as of Jul. 15, 2026, which is 898% above its 10-year median of 2.74. GuruFocus rates TPE:2467 with a GF Score™ of 70/100 and a GF Value™ of NT$227.19 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,292 Industrial Products companies, C Sun Manufacturing ranks worse than 98.21% on this metric.

As of today (2026-07-15), C Sun Manufacturing's current share price is NT$589.00. C Sun Manufacturing's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was NT$21.54. C Sun Manufacturing's Cyclically Adjusted PB Ratio for today is 27.34.

The historical rank and industry rank for C Sun Manufacturing's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2467' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.74   Max: 28.74
Current: 25.81

During the past years, C Sun Manufacturing's highest Cyclically Adjusted PB Ratio was 28.74. The lowest was 1.34. And the median was 2.74.

TPE:2467's Cyclically Adjusted PB Ratio is ranked worse than
98.21% of 2292 companies
in the Industrial Products industry
Industry Median: 2.21 vs TPE:2467: 25.81

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.

C Sun Manufacturing's adjusted book value per share data for the three months ended in Sep. 2025 was NT$35.128. 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$21.54 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


C Sun Manufacturing  (TPE:2467) 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.


C Sun Manufacturing Cyclically Adjusted PB Ratio Related Terms


C Sun Manufacturing Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for C Sun Manufacturing'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.

C Sun Manufacturing Cyclically Adjusted PB Ratio Chart

C Sun Manufacturing Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 2.87 2.30 3.23 10.12

C Sun Manufacturing Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 10.52 10.12 6.94 7.17 8.89

TPE:2467 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, C Sun Manufacturing'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.


C Sun Manufacturing Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, C Sun Manufacturing's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C Sun Manufacturing's Cyclically Adjusted PB Ratio falls into.


TPE:2467
70GF Score
C Sun Manufacturing Ltd TPE:2467
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C Sun Manufacturing 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.

C Sun Manufacturing's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=589.00/21.54
=27.34

* 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.

C Sun Manufacturing's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, C Sun Manufacturing's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=35.128/324.8000*324.8000
=35.128

Current CPI (Sep. 2025) = 324.8000.

C Sun Manufacturing Quarterly Data

Book Value per Share CPI Adj_Book
201512 13.126 236.525 18.025
201603 12.249 238.132 16.707
201606 11.193 241.018 15.084
201609 12.488 241.428 16.800
201612 12.630 241.432 16.991
201703 13.021 243.801 17.347
201706 13.403 244.955 17.772
201709 14.163 246.819 18.638
201712 14.602 246.524 19.238
201803 15.481 249.554 20.149
201806 15.804 251.989 20.370
201809 16.428 252.439 21.137
201812 16.556 251.233 21.404
201903 17.968 254.202 22.958
201906 15.362 256.143 19.480
201909 16.038 256.759 20.288
201912 16.027 256.974 20.257
202003 15.520 258.115 19.530
202006 13.696 257.797 17.256
202009 14.764 260.280 18.424
202012 16.008 260.474 19.961
202103 17.130 264.877 21.005
202106 18.463 271.696 22.072
202109 16.607 274.310 19.664
202112 18.128 278.802 21.119
202203 19.941 287.504 22.528
202206 17.728 296.311 19.432
202209 19.466 296.808 21.302
202212 20.354 296.797 22.274
202303 18.559 301.836 19.971
202306 19.389 305.109 20.640
202309 21.151 307.789 22.320
202312 20.696 306.746 21.914
202403 23.236 312.332 24.164
202406 29.014 314.175 29.995
202409 32.400 315.301 33.376
202412 32.388 315.605 33.332
202503 25.716 319.799 26.118
202506 27.327 322.561 27.517
202509 35.128 324.800 35.128

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 27.34 mean?
C Sun Manufacturing (TPE:2467) has a Cyclically Adjusted PB Ratio of 27.34 as of Jul. 15, 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 C Sun Manufacturing and its competitors. This is 898% above median its historical median of 2.74. Over the past decade, C Sun Manufacturing's Cyclically Adjusted PB Ratio has ranged from 1.34 to 28.74. According to the industry distribution chart, C Sun Manufacturing ranks #2251 out of 2292 companies in the Industrial Products industry, placing it in the top 98.2%.
Is C Sun Manufacturing's Cyclically Adjusted PB Ratio too high?
C Sun Manufacturing's current Cyclically Adjusted PB Ratio of 27.34 is 898% above median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 28.74. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.21. C Sun Manufacturing's value of 27.34 is 1137.1% above this industry median. Based on the distribution chart, C Sun Manufacturing ranks #2251 out of 2292 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, C Sun Manufacturing has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does C Sun Manufacturing's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, C Sun Manufacturing ranks #2251 out of 2292 companies for Cyclically Adjusted PB Ratio. This places C Sun Manufacturing in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.21. C Sun Manufacturing's value of 27.34 is 1137.1% above this benchmark. Historically, C Sun Manufacturing's own Cyclically Adjusted PB Ratio has ranged from 1.34 to 28.74 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 2.21, C Sun Manufacturing 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 2.21, based on 2,292 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. C Sun Manufacturing's current Cyclically Adjusted PB Ratio of 27.34 is 1137.1% 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 C Sun Manufacturing and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C Sun Manufacturing's current Cyclically Adjusted PB Ratio is 27.34, which is 898% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C Sun Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, C Sun Manufacturing (TPE:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$227.19, compared to a current price of NT$589.00 — trading 159.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 27.34, which is 898% above median its 10-year median of 2.74 and 1137.1% above the Industrial Products industry median of 2.21. C Sun Manufacturing's overall GF Score™ is 70/100 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 C Sun Manufacturing (TPE:2467), the current Cyclically Adjusted PB Ratio is 27.34 as of Jul. 15, 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 C Sun Manufacturing (TPE:2467) Overvalued in 2026?

Based on GuruFocus' analysis, C Sun Manufacturing stock appears to be overvalued. The current stock price of NT$589.00 is trading 159.3% above its estimated GF Value™ of NT$227.19. GuruFocus considers C Sun Manufacturing to be Significantly Overvalued.

Key valuation signals for TPE:2467:

  • Cyclically Adjusted PB Ratio: 27.34 (898% above median its 10-year median of 2.74)
  • GF Value™: NT$227.19 vs. price of NT$589.00 (159.3% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 1137.1% above the Industrial Products median (#2251 of 2292)

No single metric tells the full story. See the TPE:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C Sun Manufacturing Business Description

Address Number. 2-1 Kung 8th Road, 2nd Industrial Park, Lin Kou District, Taipei, TWN
C Sun Manufacturing Ltd is engaged in electron, semiconductors, liquid crystal displays(LCD), printed circuit boards, textiles, plastics, rubber, printing, chemical industry, aerospace and other industrial box ovens, tunnel ovens, UV drying equipment, UV exposure equipment, automatic equipment, plasma generator (PRS series), automatic system integration technology, research, development, related parts manufacturing, maintenance, sales, import and export business. The company's operating segment includes: C Sun Mfg. Ltd; Csun Technology (Guangzhou) Co., Ltd; Suzhou Top Creation Machines Co., Ltd; and Other. Geographically, it operates in Taiwan, China, and Others, of which Taiwan generates maximum revenue.
70GF Score

Get the complete analysis for TPE:2467

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

NT$589.00
Price
NT$227.19
GF Value