FDC International Hotels (TPE:2748) Cyclically Adjusted PB Ratio: 1.70 (As of Aug. 16, 2026) — 28% Below Median

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TPE:2748 FDC International Hotels Corp TPE:2748
75 GF Score
Price NT$38.40
GF Value NT$62.80
Valuation Significantly Undervalued
! 4 Warning Signs
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What is FDC International Hotels Cyclically Adjusted PB Ratio?

FDC International Hotels TPE:2748 -0.13% 75 Cyclically Adjusted PB Ratio is 1.70 as of Aug. 16, 2026, which is 28% below its 10-year median of 2.36. GuruFocus rates TPE:2748 with a GF Score™ of 75/100 and a GF Value™ of NT$62.80 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 639 Travel & Leisure companies, FDC International Hotels ranks worse than 60.72% on this metric.

As of today (2026-08-16), FDC International Hotels's current share price is NT$38.40. FDC International Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$22.65. FDC International Hotels's Cyclically Adjusted PB Ratio for today is 1.70.

The historical rank and industry rank for FDC International Hotels's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2748' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.69   Med: 2.36   Max: 3.94
Current: 1.7

During the past years, FDC International Hotels's highest Cyclically Adjusted PB Ratio was 3.94. The lowest was 1.69. And the median was 2.36.

TPE:2748's Cyclically Adjusted PB Ratio is ranked worse than
60.72% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs TPE:2748: 1.70

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.

FDC International Hotels's adjusted book value per share data for the three months ended in Mar. 2026 was NT$27.862. 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$22.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FDC International Hotels  (TPE:2748) 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.


FDC International Hotels Cyclically Adjusted PB Ratio Related Terms


FDC International Hotels Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FDC International Hotels'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.

FDC International Hotels Cyclically Adjusted PB Ratio Chart

FDC International Hotels 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 0.00 0.00 0.00 2.87 1.94

FDC International Hotels 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 2.64 2.38 2.11 1.94 1.74

TPE:2748 vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, FDC International Hotels'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.


FDC International Hotels Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, FDC International Hotels's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FDC International Hotels's Cyclically Adjusted PB Ratio falls into.


TPE:2748
75GF Score
FDC International Hotels Corp TPE:2748
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FDC International Hotels 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.

FDC International Hotels's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.40/22.65
=1.70

* 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.

FDC International Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, FDC International Hotels'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)
=27.862/330.2130*330.2130
=27.862

Current CPI (Mar. 2026) = 330.2130.

FDC International Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.483 241.018 14.363
201609 11.048 241.428 15.111
201612 14.420 241.432 19.723
201703 15.279 243.801 20.694
201706 13.744 244.955 18.528
201709 14.170 246.819 18.958
201712 15.246 246.524 20.422
201803 16.089 249.554 21.289
201806 14.042 251.989 18.401
201809 14.322 252.439 18.734
201812 16.363 251.233 21.507
201903 17.339 254.202 22.524
201906 15.392 256.143 19.843
201909 15.479 256.759 19.907
201912 16.408 256.974 21.084
202003 16.510 258.115 21.122
202006 15.632 257.797 20.023
202009 16.033 260.280 20.341
202012 16.983 260.474 21.530
202103 16.360 264.877 20.395
202106 15.662 271.696 19.035
202109 14.707 274.310 17.704
202112 19.103 278.802 22.626
202203 19.355 287.504 22.230
202206 19.006 296.311 21.181
202209 19.494 296.808 21.688
202212 21.675 296.797 24.115
202303 23.962 301.836 26.215
202306 24.692 305.109 26.724
202309 25.830 307.789 27.712
202312 26.784 306.746 28.833
202403 26.220 312.332 27.721
202406 26.591 314.175 27.948
202409 26.962 315.301 28.237
202412 27.916 315.605 29.208
202503 27.345 319.799 28.235
202506 26.658 322.561 27.290
202509 27.350 324.800 27.806
202512 28.724 324.054 29.270
202603 27.862 330.213 27.862

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 1.70 mean?
FDC International Hotels (TPE:2748) has a Cyclically Adjusted PB Ratio of 1.70 as of Aug. 16, 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 FDC International Hotels and its competitors. This is 28% below median its historical median of 2.36. Over the past decade, FDC International Hotels' Cyclically Adjusted PB Ratio has ranged from 1.69 to 3.94. According to the industry distribution chart, FDC International Hotels ranks #388 out of 639 companies in the Travel & Leisure industry, placing it in the top 60.7%.
Is FDC International Hotels' Cyclically Adjusted PB Ratio too high?
FDC International Hotels' current Cyclically Adjusted PB Ratio of 1.70 is 28% below median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 3.94. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. FDC International Hotels' value of 1.70 is 40.5% above this industry median. Based on the distribution chart, FDC International Hotels ranks #388 out of 639 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, FDC International Hotels has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FDC International Hotels' Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, FDC International Hotels ranks #388 out of 639 companies for Cyclically Adjusted PB Ratio. This places FDC International Hotels in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. FDC International Hotels' value of 1.70 is 40.5% above this benchmark. Historically, FDC International Hotels' own Cyclically Adjusted PB Ratio has ranged from 1.69 to 3.94 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 1.21, FDC International Hotels 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 639 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. FDC International Hotels's current Cyclically Adjusted PB Ratio of 1.70 is 40.5% 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 FDC International Hotels and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FDC International Hotels's current Cyclically Adjusted PB Ratio is 1.70, which is 28% below median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FDC International Hotels stock overvalued right now?
Based on GuruFocus' analysis, FDC International Hotels (TPE:2748) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$62.80, compared to a current price of NT$38.40 — trading 38.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.70, which is 28% below median its 10-year median of 2.36 and 40.5% above the Travel & Leisure industry median of 1.21. FDC International Hotels' overall GF Score™ is 75/100 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 FDC International Hotels (TPE:2748), the current Cyclically Adjusted PB Ratio is 1.70 as of Aug. 16, 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 FDC International Hotels (TPE:2748) Overvalued in 2026?

Based on GuruFocus' analysis, FDC International Hotels stock appears to be undervalued. The current stock price of NT$38.40 is trading 38.9% below its estimated GF Value™ of NT$62.80. GuruFocus considers FDC International Hotels to be Significantly Undervalued.

Key valuation signals for TPE:2748:

  • Cyclically Adjusted PB Ratio: 1.70 (28% below median its 10-year median of 2.36)
  • GF Value™: NT$62.80 vs. price of NT$38.40 (38.9% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 40.5% above the Travel & Leisure median (#388 of 639)

No single metric tells the full story. See the TPE:2748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FDC International Hotels Business Description

Address Zhongshan North Road, 8th Floor, No. 96, Section 2, Zhongshan District, Taipei, TWN, 242
FDC International Hotels Corp is engaged in the business of international tourist hotels. Its segments include Catering segment, Guest room segment, Operational management and Technical services, and Others with the majority of revenue deriving from Catering segment.
75GF Score

Get the complete analysis for TPE:2748

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

NT$38.40
Price
NT$62.80
GF Value