Fortune Oriental Co (TPE:2491) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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TPE:2491 Fortune Oriental Co Ltd TPE:2491
34 GF Score
Price NT$41.30
! 4 Warning Signs
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What is Fortune Oriental Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Oriental Co  (TPE:2491) 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.


Fortune Oriental Co Cyclically Adjusted PB Ratio Related Terms


Fortune Oriental Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fortune Oriental 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.

Fortune Oriental Co Cyclically Adjusted PB Ratio Chart

Fortune Oriental 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 1.30 0.70 0.81 0.76 1.06

Fortune Oriental Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.60 0.73 1.12 0.83 2.05

TPE:2491 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fortune Oriental 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.


Fortune Oriental Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fortune Oriental Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Oriental Co's Cyclically Adjusted PB Ratio falls into.


TPE:2491
34GF Score
Fortune Oriental Co Ltd TPE:2491
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Oriental 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.

Fortune Oriental Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fortune Oriental Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=63.311/333.9520*333.9520
=63.311

Current CPI (Jun. 2026) = 333.9520.

Fortune Oriental Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.927 241.428 12.348
201612 9.044 241.432 12.510
201703 8.984 243.801 12.306
201706 9.472 244.955 12.913
201709 9.399 246.819 12.717
201712 9.406 246.524 12.742
201803 9.289 249.554 12.430
201806 9.046 251.989 11.988
201809 9.202 252.439 12.173
201812 8.680 251.233 11.538
201903 8.815 254.202 11.581
201906 8.598 256.143 11.210
201909 8.623 256.759 11.215
201912 21.795 256.974 28.324
202003 21.854 258.115 28.275
202006 21.726 257.797 28.144
202009 21.268 260.280 27.288
202012 24.353 260.474 31.223
202103 25.625 264.877 32.308
202106 31.054 271.696 38.170
202109 24.177 274.310 29.434
202112 25.447 278.802 30.481
202203 23.180 287.504 26.925
202206 18.142 296.311 20.447
202209 14.337 296.808 16.131
202212 14.938 296.797 16.808
202303 15.485 301.836 17.133
202306 15.085 305.109 16.511
202309 14.853 307.789 16.116
202312 15.408 306.746 16.775
202403 15.676 312.332 16.761
202406 15.751 314.175 16.743
202409 14.663 315.301 15.530
202412 14.923 315.605 15.791
202503 13.026 319.799 13.602
202506 13.771 322.561 14.257
202509 15.340 324.800 15.772
202512 16.257 324.054 16.754
202603 17.688 330.213 17.888
202606 63.311 333.952 63.311

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.


Fortune Oriental Co Business Description

Address Zhongzheng Road, No. 6, Lane 54, Xindian District, New Taipei City, TWN, 231041
Fortune Oriental Co Ltd is principally engaged in Research and Development, design, manufacture, and sales of electric vehicle power systems. Its operating segments include the Electronics multimedia segment, the Electric Vehicle Department segment, the Optoelectronics segment, and Other segments. It generates the majority of its revenue from the Optoelectronics segment.
34GF Score

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

NT$41.30
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