Da Cin Construction Co (TPE:2535) Cyclically Adjusted PB Ratio: 2.46 (As of Aug. 07, 2026) — 94% Above Median

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TPE:2535 Da Cin Construction Co Ltd TPE:2535
83 GF Score
Price NT$93.00
GF Value NT$89.87
Valuation Fairly Valued
! 10 Warning Signs
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What is Da Cin Construction Co Cyclically Adjusted PB Ratio?

Da Cin Construction Co TPE:2535 +5.80% 83 Cyclically Adjusted PB Ratio is 2.46 as of Aug. 07, 2026, which is 94% above its 10-year median of 1.27. GuruFocus rates TPE:2535 with a GF Score™ of 83/100 and a GF Value™ of NT$89.87 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,343 Construction companies, Da Cin Construction Co ranks worse than 72.75% on this metric.

As of today (2026-08-07), Da Cin Construction Co's current share price is NT$93.00. Da Cin Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$37.85. Da Cin Construction Co's Cyclically Adjusted PB Ratio for today is 2.46.

The historical rank and industry rank for Da Cin Construction Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2535' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.27   Max: 2.49
Current: 2.32

During the past years, Da Cin Construction Co's highest Cyclically Adjusted PB Ratio was 2.49. The lowest was 0.84. And the median was 1.27.

TPE:2535's Cyclically Adjusted PB Ratio is ranked worse than
72.75% of 1343 companies
in the Construction industry
Industry Median: 1.14 vs TPE:2535: 2.32

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.

Da Cin Construction Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$38.060. 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$37.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Da Cin Construction Co  (TPE:2535) 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.


Da Cin Construction Co Cyclically Adjusted PB Ratio Related Terms


Da Cin Construction Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Da Cin Construction 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.

Da Cin Construction Co Cyclically Adjusted PB Ratio Chart

Da Cin Construction 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 1.32 1.13 1.27 1.49 1.70

Da Cin Construction 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 1.61 1.54 1.61 1.70 1.86

TPE:2535 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Da Cin Construction 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.


Da Cin Construction Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Da Cin Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Da Cin Construction Co's Cyclically Adjusted PB Ratio falls into.


TPE:2535
83GF Score
Da Cin Construction Co Ltd TPE:2535
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Da Cin Construction 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.

Da Cin Construction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.00/37.85
=2.46

* 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.

Da Cin Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Da Cin Construction 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)
=38.06/330.2130*330.2130
=38.060

Current CPI (Mar. 2026) = 330.2130.

Da Cin Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.804 241.018 35.353
201609 25.989 241.428 35.546
201612 27.653 241.432 37.822
201703 27.978 243.801 37.894
201706 26.780 244.955 36.101
201709 28.784 246.819 38.509
201712 29.506 246.524 39.523
201803 31.147 249.554 41.214
201806 29.233 251.989 38.308
201809 29.562 252.439 38.670
201812 30.008 251.233 39.442
201903 30.257 254.202 39.304
201906 28.683 256.143 36.977
201909 29.306 256.759 37.690
201912 29.632 256.974 38.077
202003 29.727 258.115 38.030
202006 30.098 257.797 38.553
202009 30.432 260.280 38.609
202012 31.727 260.474 40.222
202103 29.317 264.877 36.548
202106 30.856 271.696 37.502
202109 31.808 274.310 38.290
202112 33.134 278.802 39.244
202203 31.698 287.504 36.407
202206 32.962 296.311 36.733
202209 33.899 296.808 37.714
202212 35.507 296.797 39.505
202303 33.387 301.836 36.526
202306 34.938 305.109 37.813
202309 33.480 307.789 35.919
202312 34.689 306.746 37.343
202403 32.798 312.332 34.676
202406 35.425 314.175 37.233
202409 36.085 315.301 37.792
202412 37.608 315.605 39.349
202503 34.813 319.799 35.947
202506 35.684 322.561 36.531
202509 37.705 324.800 38.333
202512 39.786 324.054 40.542
202603 38.060 330.213 38.060

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 2.46 mean?
Da Cin Construction Co (TPE:2535) has a Cyclically Adjusted PB Ratio of 2.46 as of Aug. 07, 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 Da Cin Construction Co and its competitors. This is 94% above median its historical median of 1.27. Over the past decade, Da Cin Construction Co's Cyclically Adjusted PB Ratio has ranged from 0.84 to 2.49. According to the industry distribution chart, Da Cin Construction Co ranks #977 out of 1343 companies in the Construction industry, placing it in the top 72.7%.
Is Da Cin Construction Co's Cyclically Adjusted PB Ratio too high?
Da Cin Construction Co's current Cyclically Adjusted PB Ratio of 2.46 is 94% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.49. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Da Cin Construction Co's value of 2.46 is 115.8% above this industry median. Based on the distribution chart, Da Cin Construction Co ranks #977 out of 1343 companies in the Construction industry, which is below the industry midpoint. Overall, Da Cin Construction Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Da Cin Construction Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Da Cin Construction Co ranks #977 out of 1343 companies for Cyclically Adjusted PB Ratio. This places Da Cin Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Da Cin Construction Co's value of 2.46 is 115.8% above this benchmark. Historically, Da Cin Construction Co's own Cyclically Adjusted PB Ratio has ranged from 0.84 to 2.49 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.14, Da Cin Construction 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,343 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. Da Cin Construction Co's current Cyclically Adjusted PB Ratio of 2.46 is 115.8% 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 Da Cin Construction Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Da Cin Construction Co's current Cyclically Adjusted PB Ratio is 2.46, which is 94% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Cin Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Da Cin Construction Co (TPE:2535) is currently considered Fairly Valued. The stock's GF Value™ is NT$89.87, compared to a current price of NT$93.00 — trading 3.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.46, which is 94% above median its 10-year median of 1.27 and 115.8% above the Construction industry median of 1.14. Da Cin Construction Co's overall GF Score™ is 83/100 with 10 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 Da Cin Construction Co (TPE:2535), the current Cyclically Adjusted PB Ratio is 2.46 as of Aug. 07, 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 Da Cin Construction Co (TPE:2535) Overvalued in 2026?

Based on GuruFocus' analysis, Da Cin Construction Co stock appears to be overvalued. The current stock price of NT$93.00 is trading 3.5% above its estimated GF Value™ of NT$89.87. GuruFocus considers Da Cin Construction Co to be Fairly Valued.

Key valuation signals for TPE:2535:

  • Cyclically Adjusted PB Ratio: 2.46 (94% above median its 10-year median of 1.27)
  • GF Value™: NT$89.87 vs. price of NT$93.00 (3.5% above fair value)
  • GF Score™: 83/100 with 10 warning signs
  • Industry Position: 115.8% above the Construction median (#977 of 1343)

No single metric tells the full story. See the TPE:2535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Da Cin Construction Co Business Description

Address 9th Floor, Dunhua South Road, No 92, Section 2, Da\'an District, Taipei, TWN, 106
Da Cin Construction Co Ltd engages mainly in civil engineering, building construction, and the management of and investment in related businesses. It provides integrated services in land development, planning and design and system integration. Its segments include the Engineering Department consists of contracting and construction of civil engineering and construction projects; and the Construction Department consists of entrust construction companies to build housing and other related businesses. The majority of revenue is derived from the Engineering Department segment. It operates in four principal geographical areas - Taiwan, Singapore, Malaysia and Vietnam with the majority of revenue from Taiwan.
83GF Score

Get the complete analysis for TPE:2535

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

NT$93.00
Price
NT$89.87
GF Value