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Taiwan Business Bank (TPE:2834) Cyclically Adjusted PB Ratio : 1.22 (As of May. 25, 2025)


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What is Taiwan Business Bank Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Taiwan Business Bank's current share price is NT$15.10. Taiwan Business Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$12.37. Taiwan Business Bank's Cyclically Adjusted PB Ratio for today is 1.22.

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

TPE:2834' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.08   Max: 1.44
Current: 1.22

During the past years, Taiwan Business Bank's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.84. And the median was 1.08.

TPE:2834's Cyclically Adjusted PB Ratio is ranked worse than
63.81% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs TPE:2834: 1.22

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 Business Bank's adjusted book value per share data for the three months ended in Mar. 2025 was NT$14.608. 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$12.37 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Business Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Taiwan Business 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.

* Premium members only.

Taiwan Business Bank Cyclically Adjusted PB Ratio Chart

Taiwan Business 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 0.92 0.87 1.08 1.09 1.23

Taiwan Business Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.24 1.38 1.33 1.23 1.18

Competitive Comparison of Taiwan Business Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Taiwan Business 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.


Taiwan Business Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Taiwan Business 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.

Taiwan Business Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.10/12.37
=1.22

* 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 Business Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Taiwan Business Bank's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=14.608/134.9266*134.9266
=14.608

Current CPI (Mar. 2025) = 134.9266.

Taiwan Business Bank Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.537 100.684 10.100
201509 7.712 100.392 10.365
201512 7.840 99.792 10.600
201603 8.015 100.470 10.764
201606 8.118 101.688 10.772
201609 8.279 101.861 10.966
201612 8.212 101.863 10.878
201703 8.383 102.862 10.996
201706 8.567 103.349 11.185
201709 8.758 104.136 11.348
201712 8.785 104.011 11.396
201803 9.285 105.290 11.899
201806 9.405 106.317 11.936
201809 9.688 106.507 12.273
201812 9.832 105.998 12.515
201903 10.178 107.251 12.804
201906 10.178 108.070 12.707
201909 10.282 108.329 12.806
201912 10.419 108.420 12.966
202003 10.415 108.902 12.904
202006 10.518 108.767 13.048
202009 10.619 109.815 13.047
202012 10.761 109.897 13.212
202103 10.922 111.754 13.187
202106 11.036 114.631 12.990
202109 11.046 115.734 12.878
202112 11.089 117.630 12.720
202203 11.182 121.301 12.438
202206 10.805 125.017 11.661
202209 10.853 125.227 11.694
202212 11.356 125.222 12.236
202303 11.921 127.348 12.630
202306 12.296 128.729 12.888
202309 12.567 129.860 13.057
202312 13.102 129.419 13.660
202403 13.464 131.776 13.786
202406 13.704 132.554 13.949
202409 14.220 133.029 14.423
202412 14.336 133.157 14.527
202503 14.608 134.927 14.608

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.


Taiwan Business Bank  (TPE:2834) 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 Business Bank Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Taiwan Business Bank's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiwan Business Bank Business Description

Traded in Other Exchanges
N/A
Address
No. 30 Tacheng Street, Datong District, Taipei, TWN, 10341
Taiwan Business Bank is a Taiwan-based company that is principally engaged in providing financial services. The company generates the majority of its revenue from the bank business. The company is also involved in the securities business. Its securities business consists of securities brokerage, financing transactions, and futures-related auxiliary transactions, and trust business, which provides various financial services. It is engaged in banking activities, including deposit, loan, foreign exchange, investment, trust, and wealth management.

Taiwan Business Bank Headlines

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