Tai Twun Enterprises Co (TPE:3432) Cyclically Adjusted PB Ratio: 0.42 (As of Aug. 05, 2026) — 19% Below Median

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TPE:3432 Tai Twun Enterprises Co Ltd TPE:3432
72 GF Score
Price NT$15.95
GF Value NT$151.25
Valuation Possible Value Trap
! 4 Warning Signs
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What is Tai Twun Enterprises Co Cyclically Adjusted PB Ratio?

Tai Twun Enterprises Co TPE:3432 -0.31% 72 Cyclically Adjusted PB Ratio is 0.42 as of Aug. 05, 2026, which is 19% below its 10-year median of 0.52. GuruFocus rates TPE:3432 with a GF Score™ of 72/100 and a GF Value™ of NT$151.25 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,255 Industrial Products companies, Tai Twun Enterprises Co ranks better than 90.86% on this metric.

As of today (2026-08-05), Tai Twun Enterprises Co's current share price is NT$15.95. Tai Twun Enterprises Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$37.95. Tai Twun Enterprises Co's Cyclically Adjusted PB Ratio for today is 0.42.

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

TPE:3432' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.52   Max: 0.99
Current: 0.42

During the past years, Tai Twun Enterprises Co's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.30. And the median was 0.52.

TPE:3432's Cyclically Adjusted PB Ratio is ranked better than
90.86% of 2255 companies
in the Industrial Products industry
Industry Median: 2.07 vs TPE:3432: 0.42

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.

Tai Twun Enterprises Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$7.119. 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$37.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tai Twun Enterprises Co  (TPE:3432) 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.


Tai Twun Enterprises Co Cyclically Adjusted PB Ratio Related Terms


Tai Twun Enterprises Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tai Twun Enterprises 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.

Tai Twun Enterprises Co Cyclically Adjusted PB Ratio Chart

Tai Twun Enterprises 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 0.61 0.71 0.44 0.40 0.36

Tai Twun Enterprises 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 0.35 0.36 0.37 0.36 0.43

TPE:3432 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Tai Twun Enterprises 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.


Tai Twun Enterprises Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tai Twun Enterprises Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tai Twun Enterprises Co's Cyclically Adjusted PB Ratio falls into.


TPE:3432
72GF Score
Tai Twun Enterprises Co Ltd TPE:3432
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tai Twun Enterprises 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.

Tai Twun Enterprises Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.95/37.95
=0.42

* 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.

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

For example, Tai Twun Enterprises 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)
=7.119/330.2130*330.2130
=7.119

Current CPI (Mar. 2026) = 330.2130.

Tai Twun Enterprises Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 40.130 241.018 54.981
201609 39.053 241.428 53.415
201612 39.418 241.432 53.913
201703 36.969 243.801 50.072
201706 37.408 244.955 50.428
201709 37.711 246.819 50.453
201712 37.285 246.524 49.942
201803 37.119 249.554 49.116
201806 41.083 251.989 53.836
201809 41.709 252.439 54.559
201812 42.296 251.233 55.593
201903 43.039 254.202 55.908
201906 42.594 256.143 54.911
201909 43.009 256.759 55.313
201912 41.980 256.974 53.945
202003 42.822 258.115 54.783
202006 41.943 257.797 53.725
202009 41.674 260.280 52.871
202012 42.512 260.474 53.894
202103 43.950 264.877 54.791
202106 43.485 271.696 52.851
202109 43.529 274.310 52.400
202112 44.216 278.802 52.369
202203 46.437 287.504 53.335
202206 46.673 296.311 52.013
202209 49.910 296.808 55.527
202212 12.300 296.797 13.685
202303 12.099 301.836 13.236
202306 12.216 305.109 13.221
202309 12.352 307.789 13.252
202312 7.323 306.746 7.883
202403 7.293 312.332 7.711
202406 8.435 314.175 8.866
202409 8.188 315.301 8.575
202412 8.150 315.605 8.527
202503 8.023 319.799 8.284
202506 7.520 322.561 7.698
202509 7.464 324.800 7.588
202512 7.287 324.054 7.425
202603 7.119 330.213 7.119

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 0.42 mean?
Tai Twun Enterprises Co (TPE:3432) has a Cyclically Adjusted PB Ratio of 0.42 as of Aug. 05, 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 Tai Twun Enterprises Co and its competitors. This is 19% below median its historical median of 0.52. Over the past decade, Tai Twun Enterprises Co's Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.99. According to the industry distribution chart, Tai Twun Enterprises Co ranks #206 out of 2255 companies in the Industrial Products industry, placing it in the top 9.1%.
Is Tai Twun Enterprises Co's Cyclically Adjusted PB Ratio too high?
Tai Twun Enterprises Co's current Cyclically Adjusted PB Ratio of 0.42 is 19% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.99. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Tai Twun Enterprises Co's value of 0.42 is 79.7% below this industry median. Based on the distribution chart, Tai Twun Enterprises Co ranks #206 out of 2255 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tai Twun Enterprises Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tai Twun Enterprises Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tai Twun Enterprises Co ranks #206 out of 2255 companies for Cyclically Adjusted PB Ratio. This places Tai Twun Enterprises Co in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Tai Twun Enterprises Co's value of 0.42 is 79.7% below this benchmark. Historically, Tai Twun Enterprises Co's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.99 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 2.07, Tai Twun Enterprises 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,255 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. Tai Twun Enterprises Co's current Cyclically Adjusted PB Ratio of 0.42 is 79.7% 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 Tai Twun Enterprises Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tai Twun Enterprises Co's current Cyclically Adjusted PB Ratio is 0.42, which is 19% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tai Twun Enterprises Co stock overvalued right now?
Based on GuruFocus' analysis, Tai Twun Enterprises Co (TPE:3432) is currently considered Possible Value Trap. The stock's GF Value™ is NT$151.25, compared to a current price of NT$15.95 — trading 89.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 19% below median its 10-year median of 0.52 and 79.7% below the Industrial Products industry median of 2.07. Tai Twun Enterprises Co's overall GF Score™ is 72/100 with 4 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 Tai Twun Enterprises Co (TPE:3432), the current Cyclically Adjusted PB Ratio is 0.42 as of Aug. 05, 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 Tai Twun Enterprises Co (TPE:3432) Overvalued in 2026?

Based on GuruFocus' analysis, Tai Twun Enterprises Co stock appears to be undervalued. The current stock price of NT$15.95 is trading 89.5% below its estimated GF Value™ of NT$151.25. GuruFocus considers Tai Twun Enterprises Co to be Possible Value Trap.

Key valuation signals for TPE:3432:

  • Cyclically Adjusted PB Ratio: 0.42 (19% below median its 10-year median of 0.52)
  • GF Value™: NT$151.25 vs. price of NT$15.95 (89.5% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 79.7% below the Industrial Products median (#206 of 2255)

No single metric tells the full story. See the TPE:3432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tai Twun Enterprises Co Business Description

Address No. 880, Zhongzheng Road, 13th Floor, Zhonghe District, Taipei, TWN
Tai Twun Enterprises Co Ltd is engaged in the production and marketing of electronic components. The Group's reportable operating segments are classified based on products. The electronic component segment is engaged in the manufacture and sales of electronic and communications terminals, connectors, and other components. The electric two-wheel vehicle segment is engaged in the sales of mini electric two-wheel vehicles, electric bicycles, and electric scooters. Its geographic areas are Taiwan and China.
72GF Score

Get the complete analysis for TPE:3432

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

NT$15.95
Price
NT$151.25
GF Value