Continental Holdings (TPE:3703) Cyclically Adjusted PB Ratio: 0.58 (As of Aug. 02, 2026) — 32% Below Median

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TPE:3703 Continental Holdings Corp TPE:3703
75 GF Score
Price NT$20.60
GF Value NT$31.10
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Continental Holdings Cyclically Adjusted PB Ratio?

Continental Holdings TPE:3703 75 Cyclically Adjusted PB Ratio is 0.58 as of Aug. 02, 2026, which is 32% below its 10-year median of 0.85. GuruFocus rates TPE:3703 with a GF Score™ of 75/100 and a GF Value™ of NT$31.10 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,345 Construction companies, Continental Holdings ranks better than 73.9% on this metric.

As of today (2026-08-02), Continental Holdings's current share price is NT$20.60. Continental Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$35.34. Continental Holdings's Cyclically Adjusted PB Ratio for today is 0.58.

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

TPE:3703' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.85   Max: 1.2
Current: 0.59

During the past years, Continental Holdings's highest Cyclically Adjusted PB Ratio was 1.20. The lowest was 0.38. And the median was 0.85.

TPE:3703's Cyclically Adjusted PB Ratio is ranked better than
73.9% of 1345 companies
in the Construction industry
Industry Median: 1.14 vs TPE:3703: 0.59

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.

Continental Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was NT$33.170. 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$35.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Continental Holdings  (TPE:3703) 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.


Continental Holdings Cyclically Adjusted PB Ratio Related Terms


Continental Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Continental Holdings'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.

Continental Holdings Cyclically Adjusted PB Ratio Chart

Continental Holdings 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 0.89 0.91 0.87 0.89 0.64

Continental Holdings 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 0.80 0.67 0.65 0.64 0.63

TPE:3703 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Continental Holdings'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.


Continental Holdings Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Continental Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Continental Holdings's Cyclically Adjusted PB Ratio falls into.


TPE:3703
75GF Score
Continental Holdings Corp TPE:3703
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Continental Holdings 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.

Continental Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.60/35.34
=0.58

* 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.

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

For example, Continental Holdings'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)
=33.17/330.2130*330.2130
=33.170

Current CPI (Mar. 2026) = 330.2130.

Continental Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.942 241.018 34.172
201609 26.003 241.428 35.566
201612 26.797 241.432 36.651
201703 27.044 243.801 36.629
201706 27.101 244.955 36.534
201709 27.083 246.819 36.234
201712 26.875 246.524 35.998
201803 27.312 249.554 36.140
201806 27.291 251.989 35.763
201809 28.439 252.439 37.201
201812 28.732 251.233 37.764
201903 29.519 254.202 38.346
201906 28.823 256.143 37.158
201909 28.204 256.759 36.273
201912 27.465 256.974 35.293
202003 27.720 258.115 35.463
202006 27.844 257.797 35.665
202009 28.393 260.280 36.022
202012 28.838 260.474 36.559
202103 28.482 264.877 35.508
202106 29.056 271.696 35.314
202109 28.675 274.310 34.519
202112 29.851 278.802 35.356
202203 30.010 287.504 34.468
202206 31.235 296.311 34.809
202209 31.838 296.808 35.421
202212 31.976 296.797 35.576
202303 29.833 301.836 32.638
202306 31.008 305.109 33.559
202309 31.885 307.789 34.208
202312 33.226 306.746 35.768
202403 32.667 312.332 34.537
202406 33.977 314.175 35.711
202409 33.852 315.301 35.453
202412 33.083 315.605 34.614
202503 32.120 319.799 33.166
202506 31.688 322.561 32.440
202509 32.750 324.800 33.296
202512 33.813 324.054 34.456
202603 33.170 330.213 33.170

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 0.58 mean?
Continental Holdings (TPE:3703) has a Cyclically Adjusted PB Ratio of 0.58 as of Aug. 02, 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 Continental Holdings and its competitors. This is 32% below median its historical median of 0.85. Over the past decade, Continental Holdings' Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.20. According to the industry distribution chart, Continental Holdings ranks #351 out of 1345 companies in the Construction industry, placing it in the top 26.1%.
Is Continental Holdings' Cyclically Adjusted PB Ratio too high?
Continental Holdings' current Cyclically Adjusted PB Ratio of 0.58 is 32% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.20. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Continental Holdings' value of 0.58 is 49.1% below this industry median. Based on the distribution chart, Continental Holdings ranks #351 out of 1345 companies in the Construction industry, which is above the industry midpoint. Overall, Continental Holdings has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Continental Holdings' Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Continental Holdings ranks #351 out of 1345 companies for Cyclically Adjusted PB Ratio. This puts Continental Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Continental Holdings' value of 0.58 is 49.1% below this benchmark. Historically, Continental Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.20 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.14, Continental Holdings 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,345 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. Continental Holdings's current Cyclically Adjusted PB Ratio of 0.58 is 49.1% 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 Continental Holdings and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Continental Holdings's current Cyclically Adjusted PB Ratio is 0.58, which is 32% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Holdings stock overvalued right now?
Based on GuruFocus' analysis, Continental Holdings (TPE:3703) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.10, compared to a current price of NT$20.60 — trading 33.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is 32% below median its 10-year median of 0.85 and 49.1% below the Construction industry median of 1.14. Continental Holdings' overall GF Score™ is 75/100 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 Continental Holdings (TPE:3703), the current Cyclically Adjusted PB Ratio is 0.58 as of Aug. 02, 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 Continental Holdings (TPE:3703) Overvalued in 2026?

Based on GuruFocus' analysis, Continental Holdings stock appears to be undervalued. The current stock price of NT$20.60 is trading 33.8% below its estimated GF Value™ of NT$31.10. GuruFocus considers Continental Holdings to be Possible Value Trap.

Key valuation signals for TPE:3703:

  • Cyclically Adjusted PB Ratio: 0.58 (32% below median its 10-year median of 0.85)
  • GF Value™: NT$31.10 vs. price of NT$20.60 (33.8% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 49.1% below the Construction median (#351 of 1345)

No single metric tells the full story. See the TPE:3703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Continental Holdings Business Description

Address No. 95, Dun-Hua South Road, Section 2, 23rd Floor, Da\'an District, Taipei, TWN, 106
Continental Holdings Corp has an investment portfolio covers three business sectors: Construction Engineering, Real Estate Development, and Environmental Project Development & Water Treatment businesses. Its segments include Construction Engineering: civil construction and building construction; Real Estate Development: real estate development and lease; Environmental Project Development & Water Treatment: expertise in processing sewage, industrial wastewater, solid waste, etc; Investment: to supervise and monitor each operating segment's operation, and control and allocate each operating segment's operating resources. The majority of the revenue is derived from the Construction Engineering segment.
75GF Score

Get the complete analysis for TPE:3703

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

NT$20.60
Price
NT$31.10
GF Value