Fortune Oriental Co (TPE:2491) Cyclically Adjusted PB Ratio: (As of Aug. 24, 2026)

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TPE:2491 Fortune Oriental Co Ltd TPE:2491
28 GF Score
Price NT$38.70
! 7 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 2.37 1.19 1.33 1.23 1.74

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 0.92 1.12 1.74 1.29 0.00

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
28GF 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)
=49.728/333.9520*333.9520
=49.728

Current CPI (Jun. 2026) = 333.9520.

Fortune Oriental Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.625 241.428 9.164
201612 6.714 241.432 9.287
201703 6.715 243.801 9.198
201706 7.272 244.955 9.914
201709 7.221 246.819 9.770
201712 7.242 246.524 9.810
201803 7.172 249.554 9.598
201806 7.024 251.989 9.309
201809 6.966 252.439 9.215
201812 6.766 251.233 8.994
201903 6.842 254.202 8.989
201906 6.700 256.143 8.735
201909 6.700 256.759 8.714
201912 12.492 256.974 16.234
202003 12.556 258.115 16.245
202006 12.476 257.797 16.161
202009 12.164 260.280 15.607
202012 13.977 260.474 17.920
202103 14.831 264.877 18.699
202106 17.586 271.696 21.616
202109 13.530 274.310 16.472
202112 14.195 278.802 17.003
202203 12.959 287.504 15.053
202206 10.757 296.311 12.123
202209 9.295 296.808 10.458
202212 9.665 296.797 10.875
202303 9.983 301.836 11.045
202306 9.889 305.109 10.824
202309 9.753 307.789 10.582
202312 10.093 306.746 10.988
202403 10.328 312.332 11.043
202406 10.422 314.175 11.078
202409 9.646 315.301 10.217
202412 9.854 315.605 10.427
202503 8.638 319.799 9.020
202506 9.228 322.561 9.554
202509 10.392 324.800 10.685
202512 11.332 324.054 11.678
202603 12.189 330.213 12.327
202606 49.728 333.952 49.728

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.
28GF Score

Get the complete analysis for TPE:2491

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

NT$38.70
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