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TPK Holding Co (TPE:3673) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 02, 2025)


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What is TPK Holding Co Cyclically Adjusted PB Ratio?

As of today (2025-06-02), TPK Holding Co's current share price is NT$30.35. TPK Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$108.87. TPK Holding Co's Cyclically Adjusted PB Ratio for today is 0.28.

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

TPE:3673' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.35   Max: 0.63
Current: 0.28

During the past years, TPK Holding Co's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.23. And the median was 0.35.

TPE:3673's Cyclically Adjusted PB Ratio is ranked better than
92.78% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TPE:3673: 0.28

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.

TPK Holding Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$100.236. 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$108.87 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TPK Holding Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TPK Holding 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.

* Premium members only.

TPK Holding Co Cyclically Adjusted PB Ratio Chart

TPK Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.37 0.25 0.32 0.35

TPK Holding Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.32 0.36 0.40 0.35 0.32

Competitive Comparison of TPK Holding Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, TPK Holding 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.


TPK Holding Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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TPK Holding 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.

TPK Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.35/108.87
=0.28

* 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.

TPK Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, TPK Holding Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=100.236/134.9266*134.9266
=100.236

Current CPI (Mar. 2025) = 134.9266.

TPK Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 134.252 100.684 179.911
201509 86.273 100.392 115.951
201512 89.693 99.792 121.271
201603 88.798 100.470 119.251
201606 81.861 101.688 108.619
201609 81.881 101.861 108.461
201612 85.014 101.863 112.609
201703 82.766 102.862 108.566
201706 84.101 103.349 109.797
201709 90.732 104.136 117.560
201712 90.856 104.011 117.861
201803 88.831 105.290 113.835
201806 88.987 106.317 112.933
201809 89.654 106.507 113.577
201812 90.718 105.998 115.477
201903 91.101 107.251 114.610
201906 91.719 108.070 114.513
201909 92.092 108.329 114.703
201912 88.940 108.420 110.684
202003 89.653 108.902 111.078
202006 88.757 108.767 110.104
202009 88.574 109.815 108.828
202012 90.197 109.897 110.740
202103 88.627 111.754 107.004
202106 88.046 114.631 103.634
202109 86.470 115.734 100.809
202112 86.644 117.630 99.385
202203 88.958 121.301 98.951
202206 88.486 125.017 95.500
202209 94.326 125.227 101.633
202212 91.112 125.222 98.173
202303 90.473 127.348 95.857
202306 91.299 128.729 95.695
202309 94.614 129.860 98.306
202312 90.130 129.419 93.965
202403 95.475 131.776 97.758
202406 97.700 132.554 99.449
202409 96.148 133.029 97.520
202412 98.664 133.157 99.975
202503 100.236 134.927 100.236

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.


TPK Holding Co  (TPE:3673) 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.


TPK Holding Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of TPK Holding Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TPK Holding Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.13-18, Section 6, Min Quan East Road, Neihu District, Taipei, TWN
TPK Holding Co Ltd is an electronic components company with two business segments: Touch Module and Other. The Touch Module segment manufactures and sells capacitive touch solutions. These small and midsize touch panels are utilized in mobile phones, portable media players, navigation devices, and handheld game consoles. These products include glass-to-glass, touch-on-lens, and glass-film. The Other segment produces indium tin oxide.

TPK Holding Co Headlines

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