Taiwan Mobile Co (TPE:3045) Cyclically Adjusted PB Ratio: 3.94 (As of Jul. 20, 2026) — Near Median

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TPE:3045 Taiwan Mobile Co Ltd TPE:3045
89 GF Score
Price NT$111.00
GF Value NT$106.94
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Taiwan Mobile Co Cyclically Adjusted PB Ratio?

Taiwan Mobile Co TPE:3045 +0.45% 89 Cyclically Adjusted PB Ratio is 3.94 as of Jul. 20, 2026, which is 6% below its 10-year median of 4.19. GuruFocus rates TPE:3045 with a GF Score™ of 89/100 and a GF Value™ of NT$106.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 810 Retail - Cyclical companies, Taiwan Mobile Co ranks worse than 83.33% on this metric.

As of today (2026-07-20), Taiwan Mobile Co's current share price is NT$111.00. Taiwan Mobile Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$28.20. Taiwan Mobile Co's Cyclically Adjusted PB Ratio for today is 3.94.

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

TPE:3045' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.54   Med: 4.19   Max: 5.9
Current: 3.94

During the past years, Taiwan Mobile Co's highest Cyclically Adjusted PB Ratio was 5.90. The lowest was 3.54. And the median was 4.19.

TPE:3045's Cyclically Adjusted PB Ratio is ranked worse than
83.33% of 810 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs TPE:3045: 3.94

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 Mobile Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$30.046. 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$28.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Mobile Co  (TPE:3045) 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 Mobile Co Cyclically Adjusted PB Ratio Related Terms


Taiwan Mobile Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Mobile 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.

Taiwan Mobile Co Cyclically Adjusted PB Ratio Chart

Taiwan Mobile 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 4.16 3.68 3.74 4.19 3.91

Taiwan Mobile 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 4.25 4.16 3.92 3.91 3.87

TPE:3045 vs CASY, WSM, DKS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Taiwan Mobile 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.


Taiwan Mobile Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Taiwan Mobile Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:3045
89GF Score
Taiwan Mobile Co Ltd TPE:3045
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Mobile 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.

Taiwan Mobile Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=111.00/28.20
=3.94

* 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.

Taiwan Mobile Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Taiwan Mobile 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)
=30.046/330.2130*330.2130
=30.046

Current CPI (Mar. 2026) = 330.2130.

Taiwan Mobile Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.295 241.018 26.436
201609 20.896 241.428 28.580
201612 22.195 241.432 30.357
201703 23.718 243.801 32.125
201706 19.709 244.955 26.569
201709 21.081 246.819 28.204
201712 21.907 246.524 29.344
201803 24.408 249.554 32.297
201806 20.190 251.989 26.458
201809 21.530 252.439 28.163
201812 22.733 251.233 29.880
201903 24.332 254.202 31.608
201906 21.414 256.143 27.606
201909 22.894 256.759 29.444
201912 24.316 256.974 31.246
202003 24.826 258.115 31.761
202006 21.516 257.797 27.560
202009 22.538 260.280 28.594
202012 23.231 260.474 29.451
202103 24.291 264.877 30.283
202106 21.155 271.696 25.711
202109 22.176 274.310 26.695
202112 23.282 278.802 27.575
202203 24.152 287.504 27.740
202206 20.764 296.311 23.140
202209 21.803 296.808 24.257
202212 22.858 296.797 25.432
202303 23.852 301.836 26.094
202306 20.706 305.109 22.410
202309 21.516 307.789 23.084
202312 28.045 306.746 30.191
202403 29.042 312.332 30.705
202406 25.814 314.175 27.132
202409 27.001 315.301 28.278
202412 28.236 315.605 29.543
202503 29.642 319.799 30.607
202506 26.139 322.561 26.759
202509 27.190 324.800 27.643
202512 28.481 324.054 29.022
202603 30.046 330.213 30.046

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 3.94 mean?
Taiwan Mobile Co (TPE:3045) has a Cyclically Adjusted PB Ratio of 3.94 as of Jul. 20, 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 Taiwan Mobile Co and its competitors. This is near median its historical median of 4.19. Over the past decade, Taiwan Mobile Co's Cyclically Adjusted PB Ratio has ranged from 3.54 to 5.90. According to the industry distribution chart, Taiwan Mobile Co ranks #675 out of 810 companies in the Retail - Cyclical industry, placing it in the top 83.3%.
Is Taiwan Mobile Co's Cyclically Adjusted PB Ratio too high?
Taiwan Mobile Co's current Cyclically Adjusted PB Ratio of 3.94 is near median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 5.90. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Taiwan Mobile Co's value of 3.94 is 217.7% above this industry median. Based on the distribution chart, Taiwan Mobile Co ranks #675 out of 810 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Taiwan Mobile Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mobile Co's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Taiwan Mobile Co ranks #675 out of 810 companies for Cyclically Adjusted PB Ratio. This places Taiwan Mobile Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Taiwan Mobile Co's value of 3.94 is 217.7% above this benchmark. Historically, Taiwan Mobile Co's own Cyclically Adjusted PB Ratio has ranged from 3.54 to 5.90 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.24, Taiwan Mobile Co 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 810 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. Taiwan Mobile Co's current Cyclically Adjusted PB Ratio of 3.94 is 217.7% 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 Taiwan Mobile Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Mobile Co's current Cyclically Adjusted PB Ratio is 3.94, which is near median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mobile Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mobile Co (TPE:3045) is currently considered Fairly Valued. The stock's GF Value™ is NT$106.94, compared to a current price of NT$111.00 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.94, which is near median its 10-year median of 4.19 and 217.7% above the Retail - Cyclical industry median of 1.24. Taiwan Mobile Co's overall GF Score™ is 89/100 with 6 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 Taiwan Mobile Co (TPE:3045), the current Cyclically Adjusted PB Ratio is 3.94 as of Jul. 20, 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 Taiwan Mobile Co (TPE:3045) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Mobile Co stock appears to be overvalued. The current stock price of NT$111.00 is trading 3.8% above its estimated GF Value™ of NT$106.94. GuruFocus considers Taiwan Mobile Co to be Fairly Valued.

Key valuation signals for TPE:3045:

  • Cyclically Adjusted PB Ratio: 3.94 (near median its 10-year median of 4.19)
  • GF Value™: NT$106.94 vs. price of NT$111.00 (3.8% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 217.7% above the Retail - Cyclical median (#675 of 810)

No single metric tells the full story. See the TPE:3045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Mobile Co Business Description

Address No. 88, YanChang Road, 12th Floor, Xinyi District, Taipei, TWN, 110
Taiwan Mobile Co Ltd is engaged in providing wireless communication services, the sale of mobile phones, accessories, games, ebooks, and value-added services. The reportable segments of the company are Telecommunication, Retail, Cable television and broadband, and others. The Telecommunication segment engages in providing mobile communication services, data mobile services, and fixed line services; the Retail segment in providing online shopping, TV shopping, and catalog shopping; the Cable television and broadband segment in providing pay TV and cable broadband services; and others in business other than telecommunication, retail, and cable television. The company derives the majority of its revenue from the Retail segment.
89GF Score

Get the complete analysis for TPE:3045

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

NT$111.00
Price
NT$106.94
GF Value