Pan Jit International (TPE:2481) Cyclically Adjusted PB Ratio: 4.38 (As of Aug. 14, 2026) — 87% Above Median

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TPE:2481 Pan Jit International Inc TPE:2481
66 GF Score
Price NT$138.00
GF Value NT$71.02
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Pan Jit International Cyclically Adjusted PB Ratio?

Pan Jit International TPE:2481 -3.50% 66 Cyclically Adjusted PB Ratio is 4.38 as of Aug. 14, 2026, which is 87% above its 10-year median of 2.34. GuruFocus rates TPE:2481 with a GF Score™ of 66/100 and a GF Value™ of NT$71.02 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 727 Semiconductors companies, Pan Jit International ranks worse than 58.6% on this metric.

As of today (2026-08-14), Pan Jit International's current share price is NT$138.00. Pan Jit International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$31.54. Pan Jit International's Cyclically Adjusted PB Ratio for today is 4.38.

The historical rank and industry rank for Pan Jit International's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2481' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.34   Max: 6.75
Current: 4.53

During the past years, Pan Jit International's highest Cyclically Adjusted PB Ratio was 6.75. The lowest was 0.67. And the median was 2.34.

TPE:2481's Cyclically Adjusted PB Ratio is ranked worse than
58.6% of 727 companies
in the Semiconductors industry
Industry Median: 3.23 vs TPE:2481: 4.53

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.

Pan Jit International's adjusted book value per share data for the three months ended in Mar. 2026 was NT$37.945. 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$31.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan Jit International  (TPE:2481) 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.


Pan Jit International Cyclically Adjusted PB Ratio Related Terms


Pan Jit International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pan Jit International'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.

Pan Jit International Cyclically Adjusted PB Ratio Chart

Pan Jit International 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 4.53 2.24 2.45 1.76 2.60

Pan Jit International 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 1.70 1.66 2.31 2.60 2.74

TPE:2481 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Pan Jit International'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.


Pan Jit International Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Pan Jit International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pan Jit International's Cyclically Adjusted PB Ratio falls into.


TPE:2481
66GF Score
Pan Jit International Inc TPE:2481
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pan Jit International 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.

Pan Jit International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=138.00/31.54
=4.38

* 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.

Pan Jit International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Pan Jit International'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)
=37.945/330.2130*330.2130
=37.945

Current CPI (Mar. 2026) = 330.2130.

Pan Jit International Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.551 241.018 29.527
201609 20.292 241.428 27.754
201612 20.280 241.432 27.737
201703 20.053 243.801 27.161
201706 19.844 244.955 26.751
201709 21.103 246.819 28.233
201712 18.028 246.524 24.148
201803 19.414 249.554 25.689
201806 21.438 251.989 28.093
201809 20.937 252.439 27.387
201812 19.578 251.233 25.733
201903 20.342 254.202 26.425
201906 20.033 256.143 25.826
201909 18.789 256.759 24.164
201912 18.775 256.974 24.126
202003 17.754 258.115 22.713
202006 18.925 257.797 24.241
202009 19.844 260.280 25.176
202012 21.376 260.474 27.099
202103 20.754 264.877 25.873
202106 22.287 271.696 27.087
202109 24.744 274.310 29.787
202112 33.749 278.802 39.972
202203 32.779 287.504 37.648
202206 34.103 296.311 38.005
202209 35.829 296.808 39.861
202212 35.632 296.797 39.644
202303 33.063 301.836 36.171
202306 33.766 305.109 36.544
202309 35.176 307.789 37.739
202312 34.672 306.746 37.325
202403 34.630 312.332 36.613
202406 35.674 314.175 37.495
202409 36.227 315.301 37.940
202412 36.960 315.605 38.671
202503 36.925 319.799 38.127
202506 34.305 322.561 35.119
202509 36.304 324.800 36.909
202512 38.398 324.054 39.128
202603 37.945 330.213 37.945

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 4.38 mean?
Pan Jit International (TPE:2481) has a Cyclically Adjusted PB Ratio of 4.38 as of Aug. 14, 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 Pan Jit International and its competitors. This is 87% above median its historical median of 2.34. Over the past decade, Pan Jit International's Cyclically Adjusted PB Ratio has ranged from 0.67 to 6.75. According to the industry distribution chart, Pan Jit International ranks #426 out of 727 companies in the Semiconductors industry, placing it in the top 58.6%.
Is Pan Jit International's Cyclically Adjusted PB Ratio too high?
Pan Jit International's current Cyclically Adjusted PB Ratio of 4.38 is 87% above median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 6.75. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. Pan Jit International's value of 4.38 is 35.6% above this industry median. Based on the distribution chart, Pan Jit International ranks #426 out of 727 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Pan Jit International has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan Jit International's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Pan Jit International ranks #426 out of 727 companies for Cyclically Adjusted PB Ratio. This places Pan Jit International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. Pan Jit International's value of 4.38 is 35.6% above this benchmark. Historically, Pan Jit International's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 6.75 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 3.23, Pan Jit International 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 727 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. Pan Jit International's current Cyclically Adjusted PB Ratio of 4.38 is 35.6% 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 Pan Jit International and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Jit International's current Cyclically Adjusted PB Ratio is 4.38, which is 87% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Jit International stock overvalued right now?
Based on GuruFocus' analysis, Pan Jit International (TPE:2481) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$71.02, compared to a current price of NT$138.00 — trading 94.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.38, which is 87% above median its 10-year median of 2.34 and 35.6% above the Semiconductors industry median of 3.23. Pan Jit International's overall GF Score™ is 66/100 with 2 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 Pan Jit International (TPE:2481), the current Cyclically Adjusted PB Ratio is 4.38 as of Aug. 14, 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 Pan Jit International (TPE:2481) Overvalued in 2026?

Based on GuruFocus' analysis, Pan Jit International stock appears to be overvalued. The current stock price of NT$138.00 is trading 94.3% above its estimated GF Value™ of NT$71.02. GuruFocus considers Pan Jit International to be Significantly Overvalued.

Key valuation signals for TPE:2481:

  • Cyclically Adjusted PB Ratio: 4.38 (87% above median its 10-year median of 2.34)
  • GF Value™: NT$71.02 vs. price of NT$138.00 (94.3% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 35.6% above the Semiconductors median (#426 of 727)

No single metric tells the full story. See the TPE:2481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pan Jit International Business Description

Address No. 24, Gangshan North Road, Gangshan District, Kaohsiung City, TWN, 820115
Pan Jit International Inc is engaged in the manufacturing, processing, assembly, and import and export of semiconductors. The company also assembles, trades, and transfers technological advancements of machinery parts, and it also trades resins and paints for semiconductors. Its products include: Power Management ICs, Signal Chain ICs, MOSFETs, Motor Control ICs, and others. The company's operating segments include Power Discrete, Power IC and components, and Solar. The majority of its revenue is generated from the Power Discrete segment, which is engaged in manufacturing and selling wafers, power components, and control modules. Geographically, the company generates key revenue from China (including Hong Kong) and the rest from Taiwan, Korea, Germany, Italy, and other countries.
66GF Score

Get the complete analysis for TPE:2481

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

NT$138.00
Price
NT$71.02
GF Value