Wha Yu Industrial Co (TPE:3419) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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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TPE:3419 Wha Yu Industrial Co Ltd TPE:3419
70 GF Score
Price NT$11.45
GF Value NT$17.79
Valuation Possible Value Trap
! 3 Warning Signs
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What is Wha Yu Industrial Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wha Yu Industrial Co  (TPE:3419) 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.


Wha Yu Industrial Co Cyclically Adjusted PB Ratio Related Terms


Wha Yu Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wha Yu 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.

Wha Yu Industrial Co Cyclically Adjusted PB Ratio Chart

Wha Yu 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 1.68 1.19 1.20 1.23 0.93

Wha Yu Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.86 0.97 0.91 1.09 0.98

TPE:3419 vs CSCO, MSI, LITE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Wha Yu 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.


Wha Yu Industrial Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Wha Yu Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:3419
70GF Score
Wha Yu Industrial Co Ltd TPE:3419
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wha Yu 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.

Wha Yu Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Wha Yu Industrial Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.409/333.9520*333.9520
=7.409

Current CPI (Jun. 2026) = 333.9520.

Wha Yu Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.645 241.428 18.874
201612 13.922 241.432 19.257
201703 13.518 243.801 18.517
201706 13.452 244.955 18.339
201709 13.617 246.819 18.424
201712 12.613 246.524 17.086
201803 12.613 249.554 16.879
201806 12.880 251.989 17.069
201809 12.673 252.439 16.765
201812 12.916 251.233 17.169
201903 12.867 254.202 16.904
201906 12.860 256.143 16.767
201909 12.499 256.759 16.257
201912 12.154 256.974 15.795
202003 11.625 258.115 15.041
202006 11.604 257.797 15.032
202009 12.583 260.280 16.145
202012 12.642 260.474 16.208
202103 12.562 264.877 15.838
202106 12.522 271.696 15.391
202109 11.960 274.310 14.560
202112 11.780 278.802 14.110
202203 11.765 287.504 13.666
202206 12.104 296.311 13.642
202209 12.854 296.808 14.463
202212 12.465 296.797 14.025
202303 12.210 301.836 13.509
202306 12.052 305.109 13.191
202309 11.908 307.789 12.920
202312 11.034 306.746 12.013
202403 10.837 312.332 11.587
202406 10.582 314.175 11.248
202409 10.153 315.301 10.754
202412 9.867 315.605 10.441
202503 9.545 319.799 9.967
202506 8.328 322.561 8.622
202509 8.234 324.800 8.466
202512 8.004 324.054 8.248
202603 7.801 330.213 7.889
202606 7.409 333.952 7.409

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 Wha Yu Industrial Co (TPE:3419) Overvalued in 2026?

Based on GuruFocus' analysis, Wha Yu Industrial Co stock appears to be undervalued. The current stock price of NT$11.45 is trading 35.6% below its estimated GF Value™ of NT$17.79. GuruFocus considers Wha Yu Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:3419:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$17.79 vs. price of NT$11.45 (35.6% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the TPE:3419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wha Yu Industrial Co Business Description

Address Gongdao 5th Road, No. 326, Section 2, East District, Hsinchu City, TWN, 300043
Wha Yu Industrial Co Ltd is engaged in industrial plastic products, wires, cables, electronic components, wholesale of electronic materials, retail of electronic materials and international trade. The Company's reportable segments are the Department of High, Medium and Low Frequency Wireless Devices and Electronic Signal Connection Devices and Electronic Products, which generates maximum revenue, and the Department of Trading and Agency for Parts Business. The Company generates maximum revenue from Asia.
70GF Score

Get the complete analysis for TPE:3419

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

NT$11.45
Price
NT$17.79
GF Value