Ji-Haw Industrial Co (TPE:3011) Cyclically Adjusted PB Ratio: 0.94 (As of Aug. 07, 2026) — 16% Below Median

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TPE:3011 Ji-Haw Industrial Co Ltd TPE:3011
58 GF Score
Price NT$11.55
GF Value NT$13.04
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Ji-Haw Industrial Co Cyclically Adjusted PB Ratio?

Ji-Haw Industrial Co TPE:3011 -2.12% 58 Cyclically Adjusted PB Ratio is 0.94 as of Aug. 07, 2026, which is 16% below its 10-year median of 1.12. GuruFocus rates TPE:3011 with a GF Score™ of 58/100 and a GF Value™ of NT$13.04 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,968 Hardware companies, Ji-Haw Industrial Co ranks better than 72.61% on this metric.

As of today (2026-08-07), Ji-Haw Industrial Co's current share price is NT$11.55. Ji-Haw Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$12.27. Ji-Haw Industrial Co's Cyclically Adjusted PB Ratio for today is 0.94.

The historical rank and industry rank for Ji-Haw Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:3011' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.12   Max: 2.97
Current: 0.96

During the past years, Ji-Haw Industrial Co's highest Cyclically Adjusted PB Ratio was 2.97. The lowest was 0.32. And the median was 1.12.

TPE:3011's Cyclically Adjusted PB Ratio is ranked better than
72.61% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:3011: 0.96

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.

Ji-Haw Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$10.365. 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$12.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ji-Haw Industrial Co  (TPE:3011) 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.


Ji-Haw Industrial Co Cyclically Adjusted PB Ratio Related Terms


Ji-Haw Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ji-Haw Industrial 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.

Ji-Haw Industrial Co Cyclically Adjusted PB Ratio Chart

Ji-Haw Industrial 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 0.92 1.37 2.80 1.79 1.24

Ji-Haw Industrial 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 1.25 0.96 1.22 1.24 0.97

TPE:3011 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Ji-Haw Industrial 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.


Ji-Haw Industrial Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Ji-Haw Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ji-Haw Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:3011
58GF Score
Ji-Haw Industrial Co Ltd TPE:3011
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ji-Haw Industrial 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.

Ji-Haw Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.55/12.27
=0.94

* 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.

Ji-Haw Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ji-Haw Industrial 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)
=10.365/330.2130*330.2130
=10.365

Current CPI (Mar. 2026) = 330.2130.

Ji-Haw Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.617 241.018 15.916
201609 11.485 241.428 15.709
201612 11.546 241.432 15.792
201703 10.963 243.801 14.849
201706 11.065 244.955 14.916
201709 10.935 246.819 14.630
201712 10.599 246.524 14.197
201803 10.351 249.554 13.697
201806 10.245 251.989 13.425
201809 9.995 252.439 13.074
201812 10.216 251.233 13.428
201903 10.147 254.202 13.181
201906 10.016 256.143 12.912
201909 9.778 256.759 12.575
201912 9.309 256.974 11.962
202003 8.940 258.115 11.437
202006 8.868 257.797 11.359
202009 8.698 260.280 11.035
202012 8.511 260.474 10.790
202103 8.143 264.877 10.152
202106 7.875 271.696 9.571
202109 7.731 274.310 9.307
202112 8.963 278.802 10.616
202203 9.187 287.504 10.552
202206 8.937 296.311 9.960
202209 9.019 296.808 10.034
202212 13.166 296.797 14.648
202303 8.791 301.836 9.617
202306 8.742 305.109 9.461
202309 8.823 307.789 9.466
202312 11.850 306.746 12.757
202403 7.806 312.332 8.253
202406 12.865 314.175 13.522
202409 14.223 315.301 14.896
202412 13.460 315.605 14.083
202503 13.062 319.799 13.487
202506 12.291 322.561 12.583
202509 11.573 324.800 11.766
202512 10.577 324.054 10.778
202603 10.365 330.213 10.365

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 0.94 mean?
Ji-Haw Industrial Co (TPE:3011) has a Cyclically Adjusted PB Ratio of 0.94 as of Aug. 07, 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 Ji-Haw Industrial Co and its competitors. This is 16% below median its historical median of 1.12. Over the past decade, Ji-Haw Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.32 to 2.97. According to the industry distribution chart, Ji-Haw Industrial Co ranks #539 out of 1968 companies in the Hardware industry, placing it in the top 27.4%.
Is Ji-Haw Industrial Co's Cyclically Adjusted PB Ratio too high?
Ji-Haw Industrial Co's current Cyclically Adjusted PB Ratio of 0.94 is 16% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 2.97. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Ji-Haw Industrial Co's value of 0.94 is 53% below this industry median. Based on the distribution chart, Ji-Haw Industrial Co ranks #539 out of 1968 companies in the Hardware industry, which is above the industry midpoint. Overall, Ji-Haw Industrial Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ji-Haw Industrial Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Ji-Haw Industrial Co ranks #539 out of 1968 companies for Cyclically Adjusted PB Ratio. This puts Ji-Haw Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Ji-Haw Industrial Co's value of 0.94 is 53% below this benchmark. Historically, Ji-Haw Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 2.97 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 2.00, Ji-Haw Industrial 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,968 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. Ji-Haw Industrial Co's current Cyclically Adjusted PB Ratio of 0.94 is 53% 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 Ji-Haw Industrial Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ji-Haw Industrial Co's current Cyclically Adjusted PB Ratio is 0.94, which is 16% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ji-Haw Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Ji-Haw Industrial Co (TPE:3011) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$13.04, compared to a current price of NT$11.55 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 16% below median its 10-year median of 1.12 and 53% below the Hardware industry median of 2.00. Ji-Haw Industrial Co's overall GF Score™ is 58/100 with 8 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 Ji-Haw Industrial Co (TPE:3011), the current Cyclically Adjusted PB Ratio is 0.94 as of Aug. 07, 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 Ji-Haw Industrial Co (TPE:3011) Overvalued in 2026?

Based on GuruFocus' analysis, Ji-Haw Industrial Co stock appears to be undervalued. The current stock price of NT$11.55 is trading 11.4% below its estimated GF Value™ of NT$13.04. GuruFocus considers Ji-Haw Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:3011:

  • Cyclically Adjusted PB Ratio: 0.94 (16% below median its 10-year median of 1.12)
  • GF Value™: NT$13.04 vs. price of NT$11.55 (11.4% below fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 53% below the Hardware median (#539 of 1968)

No single metric tells the full story. See the TPE:3011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ji-Haw Industrial Co Business Description

Address No. 53, Baoxing Road, Xindian District, New Taipei, TWN, 23145
Ji-Haw Industrial Co Ltd is a Taiwan-based electronic components manufacturing company. The company is engaged in the sale and manufacturing of precision electric ports and sockets, connectors, electric wires and cables, electronics components, and other industrial and commercial services. Its reportable segments are Connection cables and Others.
58GF Score

Get the complete analysis for TPE:3011

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

NT$11.55
Price
NT$13.04
GF Value