Goldsun Building Materials Co (TPE:2504) Cyclically Adjusted PB Ratio: 1.36 (As of Aug. 05, 2026) — Near Median

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TPE:2504 Goldsun Building Materials Co Ltd TPE:2504
78 GF Score
Price NT$30.35
GF Value NT$37.47
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Goldsun Building Materials Co Cyclically Adjusted PB Ratio?

Goldsun Building Materials Co TPE:2504 -1.30% 78 Cyclically Adjusted PB Ratio is 1.36 as of Aug. 05, 2026, which is 3% above its 10-year median of 1.32. GuruFocus rates TPE:2504 with a GF Score™ of 78/100 and a GF Value™ of NT$37.47 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 313 Building Materials companies, Goldsun Building Materials Co ranks worse than 63.9% on this metric.

As of today (2026-08-05), Goldsun Building Materials Co's current share price is NT$30.35. Goldsun Building Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$22.33. Goldsun Building Materials Co's Cyclically Adjusted PB Ratio for today is 1.36.

The historical rank and industry rank for Goldsun Building Materials Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2504' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.32   Max: 2.62
Current: 1.43

During the past years, Goldsun Building Materials Co's highest Cyclically Adjusted PB Ratio was 2.62. The lowest was 0.50. And the median was 1.32.

TPE:2504's Cyclically Adjusted PB Ratio is ranked worse than
63.9% of 313 companies
in the Building Materials industry
Industry Median: 0.96 vs TPE:2504: 1.43

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.

Goldsun Building Materials Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$23.825. 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$22.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldsun Building Materials Co  (TPE:2504) 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.


Goldsun Building Materials Co Cyclically Adjusted PB Ratio Related Terms


Goldsun Building Materials Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goldsun Building Materials 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.

Goldsun Building Materials Co Cyclically Adjusted PB Ratio Chart

Goldsun Building Materials 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 1.47 1.21 1.32 2.29 1.73

Goldsun Building Materials Co 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 1.86 1.78 1.65 1.73 1.60

TPE:2504 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Goldsun Building Materials 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.


Goldsun Building Materials Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Goldsun Building Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Goldsun Building Materials Co's Cyclically Adjusted PB Ratio falls into.


TPE:2504
78GF Score
Goldsun Building Materials Co Ltd TPE:2504
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldsun Building Materials 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.

Goldsun Building Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.35/22.33
=1.36

* 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.

Goldsun Building Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Goldsun Building Materials Co'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)
=23.825/330.2130*330.2130
=23.825

Current CPI (Mar. 2026) = 330.2130.

Goldsun Building Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.410 241.018 25.223
201609 17.588 241.428 24.056
201612 14.388 241.432 19.679
201703 16.457 243.801 22.290
201706 16.731 244.955 22.554
201709 16.823 246.819 22.507
201712 16.649 246.524 22.301
201803 16.788 249.554 22.214
201806 16.451 251.989 21.558
201809 16.457 252.439 21.527
201812 16.480 251.233 21.661
201903 16.889 254.202 21.939
201906 16.773 256.143 21.623
201909 16.707 256.759 21.487
201912 17.243 256.974 22.157
202003 17.275 258.115 22.100
202006 17.596 257.797 22.539
202009 19.288 260.280 24.470
202012 17.163 260.474 21.758
202103 17.687 264.877 22.050
202106 18.369 271.696 22.325
202109 17.498 274.310 21.064
202112 18.175 278.802 21.526
202203 20.174 287.504 23.171
202206 18.763 296.311 20.910
202209 19.421 296.808 21.607
202212 19.769 296.797 21.995
202303 20.636 301.836 22.576
202306 19.327 305.109 20.917
202309 19.951 307.789 21.405
202312 20.813 306.746 22.405
202403 21.583 312.332 22.819
202406 21.268 314.175 22.354
202409 22.066 315.301 23.110
202412 22.715 315.605 23.766
202503 23.483 319.799 24.248
202506 21.053 322.561 21.552
202509 22.034 324.800 22.401
202512 23.013 324.054 23.450
202603 23.825 330.213 23.825

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 1.36 mean?
Goldsun Building Materials Co (TPE:2504) has a Cyclically Adjusted PB Ratio of 1.36 as of Aug. 05, 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 Goldsun Building Materials Co and its competitors. This is near median its historical median of 1.32. Over the past decade, Goldsun Building Materials Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 2.62. According to the industry distribution chart, Goldsun Building Materials Co ranks #200 out of 313 companies in the Building Materials industry, placing it in the top 63.9%.
Is Goldsun Building Materials Co's Cyclically Adjusted PB Ratio too high?
Goldsun Building Materials Co's current Cyclically Adjusted PB Ratio of 1.36 is near median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2.62. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.96. Goldsun Building Materials Co's value of 1.36 is 41.7% above this industry median. Based on the distribution chart, Goldsun Building Materials Co ranks #200 out of 313 companies in the Building Materials industry, which is below the industry midpoint. Overall, Goldsun Building Materials Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldsun Building Materials Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Goldsun Building Materials Co ranks #200 out of 313 companies for Cyclically Adjusted PB Ratio. This places Goldsun Building Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Goldsun Building Materials Co's value of 1.36 is 41.7% above this benchmark. Historically, Goldsun Building Materials Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 2.62 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.96, Goldsun Building Materials Co 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.96, based on 313 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. Goldsun Building Materials Co's current Cyclically Adjusted PB Ratio of 1.36 is 41.7% 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 Goldsun Building Materials Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldsun Building Materials Co's current Cyclically Adjusted PB Ratio is 1.36, which is near median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldsun Building Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Goldsun Building Materials Co (TPE:2504) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.47, compared to a current price of NT$30.35 — trading 19% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is near median its 10-year median of 1.32 and 41.7% above the Building Materials industry median of 0.96. Goldsun Building Materials Co's overall GF Score™ is 78/100 with 5 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 Goldsun Building Materials Co (TPE:2504), the current Cyclically Adjusted PB Ratio is 1.36 as of Aug. 05, 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 Goldsun Building Materials Co (TPE:2504) Overvalued in 2026?

Based on GuruFocus' analysis, Goldsun Building Materials Co stock appears to be undervalued. The current stock price of NT$30.35 is trading 19% below its estimated GF Value™ of NT$37.47. GuruFocus considers Goldsun Building Materials Co to be Modestly Undervalued.

Key valuation signals for TPE:2504:

  • Cyclically Adjusted PB Ratio: 1.36 (near median its 10-year median of 1.32)
  • GF Value™: NT$37.47 vs. price of NT$30.35 (19% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 41.7% above the Building Materials median (#200 of 313)

No single metric tells the full story. See the TPE:2504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldsun Building Materials Co Business Description

Address No. 8, Xinhu 1st Road, 7th Floor, Neihu District, Taipei, TWN, 11494
Goldsun Building Materials Co Ltd is a Taiwan-based company that produces and distributes ready-mixed concretes and cement and and building rental. The company has reporting segments namely Pre-mixed concrete Segment in Taiwan, Pre-mixed concrete Segment in Mainland China and Others. The company generates a majority of its sales from the Taiwan market.
78GF Score

Get the complete analysis for TPE:2504

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

NT$30.35
Price
NT$37.47
GF Value