Taiwan Pelican Express Co (TPE:2642) Cyclically Adjusted PB Ratio: 0.82 (As of Aug. 11, 2026) — 53% Below Median

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TPE:2642 Taiwan Pelican Express Co Ltd TPE:2642
67 GF Score
Price NT$20.35
GF Value NT$30.17
Valuation Possible Value Trap
! 4 Warning Signs
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What is Taiwan Pelican Express Co Cyclically Adjusted PB Ratio?

Taiwan Pelican Express Co TPE:2642 +0.25% 67 Cyclically Adjusted PB Ratio is 0.82 as of Aug. 11, 2026, which is 53% below its 10-year median of 1.74. GuruFocus rates TPE:2642 with a GF Score™ of 67/100 and a GF Value™ of NT$30.17 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 730 Transportation companies, Taiwan Pelican Express Co ranks better than 71.23% on this metric.

As of today (2026-08-11), Taiwan Pelican Express Co's current share price is NT$20.35. Taiwan Pelican Express Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$24.67. Taiwan Pelican Express Co's Cyclically Adjusted PB Ratio for today is 0.82.

The historical rank and industry rank for Taiwan Pelican Express Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2642' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.74   Max: 7.35
Current: 0.82

During the past years, Taiwan Pelican Express Co's highest Cyclically Adjusted PB Ratio was 7.35. The lowest was 0.82. And the median was 1.74.

TPE:2642's Cyclically Adjusted PB Ratio is ranked better than
71.23% of 730 companies
in the Transportation industry
Industry Median: 1.295 vs TPE:2642: 0.82

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.

Taiwan Pelican Express Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$18.990. 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$24.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Pelican Express Co  (TPE:2642) 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.


Taiwan Pelican Express Co Cyclically Adjusted PB Ratio Related Terms


Taiwan Pelican Express Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Pelican Express 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.

Taiwan Pelican Express Co Cyclically Adjusted PB Ratio Chart

Taiwan Pelican Express 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 3.56 2.28 1.76 1.52 1.08

Taiwan Pelican Express 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 1.26 1.06 1.24 1.08 0.94

TPE:2642 vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Taiwan Pelican Express 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.


Taiwan Pelican Express Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Pelican Express Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Pelican Express Co's Cyclically Adjusted PB Ratio falls into.


TPE:2642
67GF Score
Taiwan Pelican Express Co Ltd TPE:2642
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Pelican Express 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.

Taiwan Pelican Express Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.35/24.67
=0.82

* 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.

Taiwan Pelican Express Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Taiwan Pelican Express 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)
=18.99/330.2130*330.2130
=18.990

Current CPI (Mar. 2026) = 330.2130.

Taiwan Pelican Express Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.106 241.018 23.437
201609 17.165 241.428 23.477
201612 17.011 241.432 23.266
201703 17.376 243.801 23.535
201706 17.174 244.955 23.152
201709 17.422 246.819 23.308
201712 17.418 246.524 23.331
201803 17.843 249.554 23.610
201806 16.701 251.989 21.885
201809 16.638 252.439 21.764
201812 16.909 251.233 22.225
201903 17.264 254.202 22.426
201906 17.147 256.143 22.105
201909 17.587 256.759 22.618
201912 18.114 256.974 23.277
202003 18.925 258.115 24.211
202006 20.119 257.797 25.770
202009 20.748 260.280 26.323
202012 20.785 260.474 26.350
202103 23.471 264.877 29.260
202106 28.671 271.696 34.846
202109 28.384 274.310 34.169
202112 28.814 278.802 34.127
202203 24.958 287.504 28.666
202206 22.330 296.311 24.885
202209 21.777 296.808 24.228
202212 23.027 296.797 25.620
202303 26.107 301.836 28.561
202306 24.251 305.109 26.246
202309 23.468 307.789 25.178
202312 23.307 306.746 25.090
202403 23.301 312.332 24.635
202406 22.640 314.175 23.796
202409 22.166 315.301 23.214
202412 21.473 315.605 22.467
202503 21.032 319.799 21.717
202506 19.598 322.561 20.063
202509 22.565 324.800 22.941
202512 21.497 324.054 21.906
202603 18.990 330.213 18.990

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 0.82 mean?
Taiwan Pelican Express Co (TPE:2642) has a Cyclically Adjusted PB Ratio of 0.82 as of Aug. 11, 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 Taiwan Pelican Express Co and its competitors. This is 53% below median its historical median of 1.74. Over the past decade, Taiwan Pelican Express Co's Cyclically Adjusted PB Ratio has ranged from 0.82 to 7.35. According to the industry distribution chart, Taiwan Pelican Express Co ranks #210 out of 730 companies in the Transportation industry, placing it in the top 28.8%.
Is Taiwan Pelican Express Co's Cyclically Adjusted PB Ratio too high?
Taiwan Pelican Express Co's current Cyclically Adjusted PB Ratio of 0.82 is 53% below median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 7.35. The Transportation industry median Cyclically Adjusted PB Ratio is 1.30. Taiwan Pelican Express Co's value of 0.82 is 36.7% below this industry median. Based on the distribution chart, Taiwan Pelican Express Co ranks #210 out of 730 companies in the Transportation industry, which is above the industry midpoint. Overall, Taiwan Pelican Express Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Pelican Express Co's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Taiwan Pelican Express Co ranks #210 out of 730 companies for Cyclically Adjusted PB Ratio. This puts Taiwan Pelican Express Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.30. Taiwan Pelican Express Co's value of 0.82 is 36.7% below this benchmark. Historically, Taiwan Pelican Express Co's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 7.35 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.30, Taiwan Pelican Express Co has consistently been below 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.30, based on 730 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. Taiwan Pelican Express Co's current Cyclically Adjusted PB Ratio of 0.82 is 36.7% below 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 Taiwan Pelican Express Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Pelican Express Co's current Cyclically Adjusted PB Ratio is 0.82, which is 53% below median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Pelican Express Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Pelican Express Co (TPE:2642) is currently considered Possible Value Trap. The stock's GF Value™ is NT$30.17, compared to a current price of NT$20.35 — trading 32.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 53% below median its 10-year median of 1.74 and 36.7% below the Transportation industry median of 1.30. Taiwan Pelican Express Co's overall GF Score™ is 67/100 with 4 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 Taiwan Pelican Express Co (TPE:2642), the current Cyclically Adjusted PB Ratio is 0.82 as of Aug. 11, 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 Taiwan Pelican Express Co (TPE:2642) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Pelican Express Co stock appears to be undervalued. The current stock price of NT$20.35 is trading 32.5% below its estimated GF Value™ of NT$30.17. GuruFocus considers Taiwan Pelican Express Co to be Possible Value Trap.

Key valuation signals for TPE:2642:

  • Cyclically Adjusted PB Ratio: 0.82 (53% below median its 10-year median of 1.74)
  • GF Value™: NT$30.17 vs. price of NT$20.35 (32.5% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 36.7% below the Transportation median (#210 of 730)

No single metric tells the full story. See the TPE:2642 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Pelican Express Co Business Description

Address Shennong Street, No. 426, Sanchong District, Taipei, TWN, 241020
Taiwan Pelican Express Co Ltd is a Taiwan-based company. The Company and its subsidiaries engaged in the logistics business, a company that provides route-permitted truck transportation, home delivery, and other professional logistic delivery services. It has two reportable segments: the home delivery service segment and logistic business segment. The home delivery service segment is mainly engaged in route-permitted truck transportation and home delivery service, and the logistics business segment is mainly engaged in the warehouse storage, tally, and transportation delivery business. The group generates the majority of its revenue from the home delivery service segment. Geographically, the group operates in Taiwan and Vietnam. It generates key revenue from Taiwan.
67GF Score

Get the complete analysis for TPE:2642

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

NT$20.35
Price
NT$30.17
GF Value