Ji-Haw Industrial Co (TPE:3011) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3011 Ji-Haw Industrial Co Ltd TPE:3011
58 GF Score
Price NT$11.65
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?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 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)
=10.806/330.2130*330.2130
=10.806

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 10.806 330.213 10.806

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.

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$11.65 is trading 10.7% 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:
  • GF Value™: NT$13.04 vs. price of NT$11.65 (10.7% below fair value)
  • GF Score™: 58/100 with 8 warning signs

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$11.65
Price
NT$13.04
GF Value