Wanhwa Enterprise Co (TPE:2701) Cyclically Adjusted PB Ratio: 0.52 (As of Aug. 12, 2026) — 22% Below Median

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TPE:2701 Wanhwa Enterprise Co TPE:2701
85 GF Score
Price NT$10.65
GF Value NT$11.17
Valuation Fairly Valued
! 3 Warning Signs
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What is Wanhwa Enterprise Co Cyclically Adjusted PB Ratio?

Wanhwa Enterprise Co TPE:2701 85 Cyclically Adjusted PB Ratio is 0.52 as of Aug. 12, 2026, which is 22% below its 10-year median of 0.67. GuruFocus rates TPE:2701 with a GF Score™ of 85/100 and a GF Value™ of NT$11.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,410 Real Estate companies, Wanhwa Enterprise Co ranks better than 59.86% on this metric.

As of today (2026-08-12), Wanhwa Enterprise Co's current share price is NT$10.65. Wanhwa Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$20.32. Wanhwa Enterprise Co's Cyclically Adjusted PB Ratio for today is 0.52.

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

TPE:2701' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.67   Max: 0.87
Current: 0.52

During the past years, Wanhwa Enterprise Co's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.50. And the median was 0.67.

TPE:2701's Cyclically Adjusted PB Ratio is ranked better than
59.86% of 1410 companies
in the Real Estate industry
Industry Median: 0.7 vs TPE:2701: 0.52

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.

Wanhwa Enterprise Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$18.668. 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$20.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wanhwa Enterprise Co  (TPE:2701) 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.


Wanhwa Enterprise Co Cyclically Adjusted PB Ratio Related Terms


Wanhwa Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wanhwa Enterprise 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.

Wanhwa Enterprise Co Cyclically Adjusted PB Ratio Chart

Wanhwa Enterprise 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 0.71 0.67 0.68 0.63 0.56

Wanhwa Enterprise 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 0.61 0.57 0.56 0.56 0.52

TPE:2701 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Wanhwa Enterprise 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.


Wanhwa Enterprise Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wanhwa Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:2701
85GF Score
Wanhwa Enterprise Co TPE:2701
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wanhwa Enterprise 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.

Wanhwa Enterprise Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.65/20.32
=0.52

* 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.

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

For example, Wanhwa Enterprise 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)
=18.668/330.2130*330.2130
=18.668

Current CPI (Mar. 2026) = 330.2130.

Wanhwa Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.017 241.018 20.574
201609 15.086 241.428 20.634
201612 15.291 241.432 20.914
201703 15.423 243.801 20.889
201706 15.321 244.955 20.654
201709 15.584 246.819 20.849
201712 15.722 246.524 21.059
201803 15.703 249.554 20.778
201806 15.817 251.989 20.727
201809 16.051 252.439 20.996
201812 16.429 251.233 21.594
201903 16.652 254.202 21.631
201906 16.917 256.143 21.809
201909 16.990 256.759 21.851
201912 17.339 256.974 22.281
202003 16.477 258.115 21.079
202006 16.628 257.797 21.299
202009 16.313 260.280 20.696
202012 16.740 260.474 21.222
202103 16.739 264.877 20.868
202106 16.993 271.696 20.653
202109 16.603 274.310 19.987
202112 16.765 278.802 19.856
202203 16.914 287.504 19.427
202206 17.040 296.311 18.990
202209 17.672 296.808 19.661
202212 17.603 296.797 19.585
202303 17.786 301.836 19.458
202306 18.829 305.109 20.378
202309 18.473 307.789 19.819
202312 18.412 306.746 19.821
202403 18.526 312.332 19.587
202406 18.921 314.175 19.887
202409 18.733 315.301 19.619
202412 18.845 315.605 19.717
202503 18.948 319.799 19.565
202506 17.685 322.561 18.105
202509 18.249 324.800 18.553
202512 18.587 324.054 18.940
202603 18.668 330.213 18.668

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 0.52 mean?
Wanhwa Enterprise Co (TPE:2701) has a Cyclically Adjusted PB Ratio of 0.52 as of Aug. 12, 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 Wanhwa Enterprise Co and its competitors. This is 22% below median its historical median of 0.67. Over the past decade, Wanhwa Enterprise Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 0.87. According to the industry distribution chart, Wanhwa Enterprise Co ranks #566 out of 1410 companies in the Real Estate industry, placing it in the top 40.1%.
Is Wanhwa Enterprise Co's Cyclically Adjusted PB Ratio too high?
Wanhwa Enterprise Co's current Cyclically Adjusted PB Ratio of 0.52 is 22% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.87. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Wanhwa Enterprise Co's value of 0.52 is 25.7% below this industry median. Based on the distribution chart, Wanhwa Enterprise Co ranks #566 out of 1410 companies in the Real Estate industry, which is above the industry midpoint. Overall, Wanhwa Enterprise Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wanhwa Enterprise Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Wanhwa Enterprise Co ranks #566 out of 1410 companies for Cyclically Adjusted PB Ratio. This puts Wanhwa Enterprise Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Wanhwa Enterprise Co's value of 0.52 is 25.7% below this benchmark. Historically, Wanhwa Enterprise Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 0.87 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.70, Wanhwa Enterprise 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,410 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. Wanhwa Enterprise Co's current Cyclically Adjusted PB Ratio of 0.52 is 25.7% 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 Wanhwa Enterprise Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wanhwa Enterprise Co's current Cyclically Adjusted PB Ratio is 0.52, which is 22% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wanhwa Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Wanhwa Enterprise Co (TPE:2701) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.17, compared to a current price of NT$10.65 — trading 4.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is 22% below median its 10-year median of 0.67 and 25.7% below the Real Estate industry median of 0.70. Wanhwa Enterprise Co's overall GF Score™ is 85/100 with 3 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 Wanhwa Enterprise Co (TPE:2701), the current Cyclically Adjusted PB Ratio is 0.52 as of Aug. 12, 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 Wanhwa Enterprise Co (TPE:2701) Overvalued in 2026?

Based on GuruFocus' analysis, Wanhwa Enterprise Co stock appears to be undervalued. The current stock price of NT$10.65 is trading 4.7% below its estimated GF Value™ of NT$11.17. GuruFocus considers Wanhwa Enterprise Co to be Fairly Valued.

Key valuation signals for TPE:2701:

  • Cyclically Adjusted PB Ratio: 0.52 (22% below median its 10-year median of 0.67)
  • GF Value™: NT$11.17 vs. price of NT$10.65 (4.7% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 25.7% below the Real Estate median (#566 of 1410)

No single metric tells the full story. See the TPE:2701 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wanhwa Enterprise Co Business Description

Address 52, Emei Street, Wanhua District, Taipei, TWN
Wanhwa Enterprise Co is mainly engaged in the rental of commercial buildings and the operation of cinemas and amusement arcades. The company's main business includes rental, movies, and amusement.
85GF Score

Get the complete analysis for TPE:2701

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

NT$10.65
Price
NT$11.17
GF Value