Kings Town Bank (TPE:2809) Cyclically Adjusted PB Ratio: 1.30 (As of Jul. 27, 2026)

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TPE:2809 Kings Town Bank TPE:2809
9 GF Score
Price NT$56.60
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What is Kings Town Bank Cyclically Adjusted PB Ratio?

Kings Town Bank TPE:2809 9 Cyclically Adjusted PB Ratio is 1.30 as of Jul. 27, 2026. GuruFocus rates TPE:2809 with a GF Score™ of 9/100.

As of today (2026-07-27), Kings Town Bank's current share price is NT$56.60. Kings Town Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was NT$43.64. Kings Town Bank's Cyclically Adjusted PB Ratio for today is 1.30.

The historical rank and industry rank for Kings Town Bank's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2809's Cyclically Adjusted PB Ratio is not ranked *
in the Banks industry.
Industry Median: 1.27
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Kings Town Bank's adjusted book value per share data for the three months ended in Jun. 2025 was NT$51.669. 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$43.64 for the trailing ten years ended in Jun. 2025.

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Kings Town Bank  (TPE:2809) 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.


Kings Town Bank Cyclically Adjusted PB Ratio Related Terms


Kings Town Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kings Town Bank'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.

Kings Town Bank Cyclically Adjusted PB Ratio Chart

Kings Town Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.26 0.94 1.03 1.21

Kings Town Bank Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 1.50 1.36 1.21 1.15 1.21

Kings Town Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Kings Town Bank'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.


Kings Town Bank Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Kings Town Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kings Town Bank's Cyclically Adjusted PB Ratio falls into.


TPE:2809
9GF Score
Kings Town Bank TPE:2809
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kings Town Bank 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.

Kings Town Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.60/43.64
=1.30

* 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.

Kings Town Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, Kings Town Bank's adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=51.669/322.5610*322.5610
=51.669

Current CPI (Jun. 2025) = 322.5610.

Kings Town Bank Quarterly Data

Book Value per Share CPI Adj_Book
201509 23.312 237.945 31.602
201512 24.524 236.525 33.445
201603 25.841 238.132 35.003
201606 26.849 241.018 35.933
201609 28.496 241.428 38.072
201612 28.616 241.432 38.232
201703 30.006 243.801 39.699
201706 30.061 244.955 39.585
201709 31.941 246.819 41.743
201712 32.245 246.524 42.191
201803 32.934 249.554 42.569
201806 31.561 251.989 40.400
201809 32.684 252.439 41.763
201812 30.830 251.233 39.583
201903 34.330 254.202 43.562
201906 32.633 256.143 41.095
201909 34.571 256.759 43.431
201912 36.279 256.974 45.538
202003 32.472 258.115 40.580
202006 36.198 257.797 45.292
202009 38.267 260.280 47.424
202012 41.656 260.474 51.585
202103 42.893 264.877 52.234
202106 42.547 271.696 50.512
202109 43.981 274.310 51.717
202112 43.713 278.802 50.574
202203 41.775 287.504 46.869
202206 37.383 296.311 40.695
202209 35.815 296.808 38.923
202212 38.171 296.797 41.485
202303 39.690 301.836 42.415
202306 40.656 305.109 42.981
202309 41.763 307.789 43.767
202312 45.098 306.746 47.423
202403 47.224 312.332 48.771
202406 45.588 314.175 46.805
202409 48.624 315.301 49.744
202412 49.158 315.605 50.241
202503 50.181 319.799 50.614
202506 51.669 322.561 51.669

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 1.30 mean?
Kings Town Bank (TPE:2809) has a Cyclically Adjusted PB Ratio of 1.30 as of Jul. 27, 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 Kings Town Bank and its competitors.
Is Kings Town Bank's Cyclically Adjusted PB Ratio too high?
Kings Town Bank's current Cyclically Adjusted PB Ratio is 1.30. The Banks industry median Cyclically Adjusted PB Ratio is 1.27. Kings Town Bank's value of 1.30 is 2.4% above this industry median. Overall, Kings Town Bank has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Kings Town Bank's Cyclically Adjusted PB Ratio compare to competitors?
Kings Town Bank's Cyclically Adjusted PB Ratio of 1.30 can be compared against companies in the Banks industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Kings Town Bank's value of 1.30 is 2.4% above this benchmark. 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.27, based on 1,292 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. Kings Town Bank's current Cyclically Adjusted PB Ratio of 1.30 is 2.4% 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 Kings Town Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kings Town Bank's current Cyclically Adjusted PB Ratio is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kings Town Bank stock overvalued right now?
Kings Town Bank (TPE:2809) has a current Cyclically Adjusted PB Ratio of 1.30. The current Cyclically Adjusted PB Ratio is 1.30 and 2.4% above the Banks industry median of 1.27. Kings Town Bank's overall GF Score™ is 9/100. 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 Kings Town Bank (TPE:2809), the current Cyclically Adjusted PB Ratio is 1.30 as of Jul. 27, 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.

Kings Town Bank Business Description

Address No. 506, Ximen Road, Section 1, West Central District, Tainan, TWN
Kings Town Bank provides banking products and services to its customers in Taiwan. The company's main business services are accepting check deposits, accepting other deposits, issuing financial bonds, handling loans, handling bill discounts, handling various investment businesses, handling domestic and foreign exchange, handling draft acceptance, issuing domestic and foreign letters of credit, handling domestic and foreign guarantees, handling collections and advances, and other business chartered by the government.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$56.60
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