Fu Hua Innovation Co (TPE:3056) Cyclically Adjusted PB Ratio: 0.90 (As of Aug. 04, 2026) — 60% Below Median

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TPE:3056 Fu Hua Innovation Co Ltd TPE:3056
63 GF Score
Price NT$14.00
GF Value NT$3.47
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Fu Hua Innovation Co Cyclically Adjusted PB Ratio?

Fu Hua Innovation Co TPE:3056 63 Cyclically Adjusted PB Ratio is 0.90 as of Aug. 04, 2026, which is 60% below its 10-year median of 2.24. GuruFocus rates TPE:3056 with a GF Score™ of 63/100 and a GF Value™ of NT$3.47 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,414 Real Estate companies, Fu Hua Innovation Co ranks worse than 60.68% on this metric.

As of today (2026-08-04), Fu Hua Innovation Co's current share price is NT$14.00. Fu Hua Innovation Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$15.61. Fu Hua Innovation Co's Cyclically Adjusted PB Ratio for today is 0.90.

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

TPE:3056' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.24   Max: 2.89
Current: 0.9

During the past years, Fu Hua Innovation Co's highest Cyclically Adjusted PB Ratio was 2.89. The lowest was 0.85. And the median was 2.24.

TPE:3056's Cyclically Adjusted PB Ratio is ranked worse than
60.68% of 1414 companies
in the Real Estate industry
Industry Median: 0.69 vs TPE:3056: 0.90

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.

Fu Hua Innovation Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$17.619. 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$15.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fu Hua Innovation Co  (TPE:3056) 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.


Fu Hua Innovation Co Cyclically Adjusted PB Ratio Related Terms


Fu Hua Innovation Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fu Hua Innovation 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.

Fu Hua Innovation Co Cyclically Adjusted PB Ratio Chart

Fu Hua Innovation 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 2.38 1.68 2.09 2.31 1.18

Fu Hua Innovation 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 2.56 2.24 1.31 1.18 0.95

Fu Hua Innovation Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Fu Hua Innovation 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.


Fu Hua Innovation Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fu Hua Innovation Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fu Hua Innovation Co's Cyclically Adjusted PB Ratio falls into.


TPE:3056
63GF Score
Fu Hua Innovation Co Ltd TPE:3056
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fu Hua Innovation 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.

Fu Hua Innovation Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.00/15.61
=0.90

* 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.

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

For example, Fu Hua Innovation 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)
=17.619/330.2130*330.2130
=17.619

Current CPI (Mar. 2026) = 330.2130.

Fu Hua Innovation Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.637 241.018 15.944
201609 11.523 241.428 15.761
201612 11.487 241.432 15.711
201703 11.471 243.801 15.537
201706 11.649 244.955 15.704
201709 11.973 246.819 16.018
201712 11.917 246.524 15.963
201803 12.478 249.554 16.511
201806 11.506 251.989 15.078
201809 11.654 252.439 15.244
201812 11.007 251.233 14.467
201903 10.938 254.202 14.209
201906 10.141 256.143 13.074
201909 11.252 256.759 14.471
201912 11.351 256.974 14.586
202003 11.943 258.115 15.279
202006 10.442 257.797 13.375
202009 10.379 260.280 13.168
202012 12.319 260.474 15.617
202103 14.043 264.877 17.507
202106 13.948 271.696 16.952
202109 11.682 274.310 14.063
202112 11.579 278.802 13.714
202203 11.428 287.504 13.126
202206 11.763 296.311 13.109
202209 14.125 296.808 15.715
202212 15.780 296.797 17.557
202303 13.738 301.836 15.030
202306 14.133 305.109 15.296
202309 14.449 307.789 15.502
202312 14.348 306.746 15.446
202403 13.958 312.332 14.757
202406 13.916 314.175 14.626
202409 13.812 315.301 14.465
202412 18.618 315.605 19.480
202503 18.233 319.799 18.827
202506 18.261 322.561 18.694
202509 18.227 324.800 18.531
202512 18.220 324.054 18.566
202603 17.619 330.213 17.619

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 0.90 mean?
Fu Hua Innovation Co (TPE:3056) has a Cyclically Adjusted PB Ratio of 0.90 as of Aug. 04, 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 Fu Hua Innovation Co and its competitors. This is 60% below median its historical median of 2.24. Over the past decade, Fu Hua Innovation Co's Cyclically Adjusted PB Ratio has ranged from 0.85 to 2.89. According to the industry distribution chart, Fu Hua Innovation Co ranks #858 out of 1414 companies in the Real Estate industry, placing it in the top 60.7%.
Is Fu Hua Innovation Co's Cyclically Adjusted PB Ratio too high?
Fu Hua Innovation Co's current Cyclically Adjusted PB Ratio of 0.90 is 60% below median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.89. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Fu Hua Innovation Co's value of 0.90 is 30.4% above this industry median. Based on the distribution chart, Fu Hua Innovation Co ranks #858 out of 1414 companies in the Real Estate industry, which is below the industry midpoint. Overall, Fu Hua Innovation Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fu Hua Innovation Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Fu Hua Innovation Co ranks #858 out of 1414 companies for Cyclically Adjusted PB Ratio. This places Fu Hua Innovation Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Fu Hua Innovation Co's value of 0.90 is 30.4% above this benchmark. Historically, Fu Hua Innovation Co's own Cyclically Adjusted PB Ratio has ranged from 0.85 to 2.89 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 0.69, Fu Hua Innovation 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,414 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. Fu Hua Innovation Co's current Cyclically Adjusted PB Ratio of 0.90 is 30.4% 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 Fu Hua Innovation Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fu Hua Innovation Co's current Cyclically Adjusted PB Ratio is 0.90, which is 60% below median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fu Hua Innovation Co stock overvalued right now?
Based on GuruFocus' analysis, Fu Hua Innovation Co (TPE:3056) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.47, compared to a current price of NT$14.00 — trading 303.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 60% below median its 10-year median of 2.24 and 30.4% above the Real Estate industry median of 0.69. Fu Hua Innovation Co's overall GF Score™ is 63/100 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 Fu Hua Innovation Co (TPE:3056), the current Cyclically Adjusted PB Ratio is 0.90 as of Aug. 04, 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 Fu Hua Innovation Co (TPE:3056) Overvalued in 2026?

Based on GuruFocus' analysis, Fu Hua Innovation Co stock appears to be overvalued. The current stock price of NT$14.00 is trading 303.5% above its estimated GF Value™ of NT$3.47. GuruFocus considers Fu Hua Innovation Co to be Significantly Overvalued.

Key valuation signals for TPE:3056:

  • Cyclically Adjusted PB Ratio: 0.90 (60% below median its 10-year median of 2.24)
  • GF Value™: NT$3.47 vs. price of NT$14.00 (303.5% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 30.4% above the Real Estate median (#858 of 1414)

No single metric tells the full story. See the TPE:3056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fu Hua Innovation Co Business Description

Address No.875, Fuxing Road, 3rd Floor, Hsinchu county, Zhubei, TWN
Fu Hua Innovation Co Ltd is principally engaged in the leasing or sale of residential and commercial buildings constructed by commissioned construction contractors. Its operating segments includes; Construction Department, and Other departments. The company generates majority of its revenue from the Construction Department segment.
63GF Score

Get the complete analysis for TPE:3056

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

NT$14.00
Price
NT$3.47
GF Value