Quang Viet Enterprise Co (TPE:4438) Cyclically Adjusted PB Ratio: 0.76 (As of Aug. 04, 2026) — 28% Below Median

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TPE:4438 Quang Viet Enterprise Co Ltd TPE:4438
71 GF Score
Price NT$60.50
GF Value NT$112.77
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Quang Viet Enterprise Co Cyclically Adjusted PB Ratio?

Quang Viet Enterprise Co TPE:4438 -0.17% 71 Cyclically Adjusted PB Ratio is 0.76 as of Aug. 04, 2026, which is 28% below its 10-year median of 1.05. GuruFocus rates TPE:4438 with a GF Score™ of 71/100 and a GF Value™ of NT$112.77 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 859 Manufacturing - Apparel & Accessories companies, Quang Viet Enterprise Co ranks better than 58.09% on this metric.

As of today (2026-08-04), Quang Viet Enterprise Co's current share price is NT$60.50. Quang Viet Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$79.24. Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio for today is 0.76.

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

TPE:4438' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.05   Max: 1.62
Current: 0.77

During the past years, Quang Viet Enterprise Co's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.70. And the median was 1.05.

TPE:4438's Cyclically Adjusted PB Ratio is ranked better than
58.09% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs TPE:4438: 0.77

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.

Quang Viet Enterprise Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$76.518. 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$79.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quang Viet Enterprise Co  (TPE:4438) 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.


Quang Viet Enterprise Co Cyclically Adjusted PB Ratio Related Terms


Quang Viet Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Quang Viet Enterprise 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.

Quang Viet Enterprise Co Cyclically Adjusted PB Ratio Chart

Quang Viet Enterprise 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 0.00 0.00 0.00 1.32 0.98

Quang Viet Enterprise 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 1.37 0.99 0.90 0.98 0.71

TPE:4438 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Quang Viet Enterprise 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.


Quang Viet Enterprise Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio falls into.


TPE:4438
71GF Score
Quang Viet Enterprise Co Ltd TPE:4438
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quang Viet Enterprise 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.

Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.50/79.24
=0.76

* 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.

Quang Viet Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Quang Viet Enterprise 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)
=76.518/330.2130*330.2130
=76.518

Current CPI (Mar. 2026) = 330.2130.

Quang Viet Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 43.986 241.018 60.264
201609 49.522 241.428 67.734
201612 62.871 241.432 85.990
201703 59.778 243.801 80.966
201706 55.345 244.955 74.608
201709 61.166 246.819 81.832
201712 60.652 246.524 81.242
201803 59.460 249.554 78.678
201806 57.955 251.989 75.946
201809 63.188 252.439 82.656
201812 63.538 251.233 83.512
201903 63.405 254.202 82.364
201906 61.037 256.143 78.687
201909 66.795 256.759 85.904
201912 66.685 256.974 85.691
202003 65.642 258.115 83.977
202006 60.346 257.797 77.297
202009 62.876 260.280 79.770
202012 63.826 260.474 80.915
202103 62.613 264.877 78.057
202106 65.116 271.696 79.140
202109 64.599 274.310 77.764
202112 66.076 278.802 78.260
202203 67.580 287.504 77.619
202206 66.587 296.311 74.205
202209 76.676 296.808 85.306
202212 76.113 296.797 84.682
202303 75.843 301.836 82.973
202306 71.343 305.109 77.213
202309 78.841 307.789 84.585
202312 75.521 306.746 81.299
202403 76.158 312.332 80.518
202406 73.199 314.175 76.936
202409 77.083 315.301 80.729
202412 76.877 315.605 80.435
202503 76.339 319.799 78.825
202506 66.905 322.561 68.492
202509 79.773 324.800 81.102
202512 75.401 324.054 76.834
202603 76.518 330.213 76.518

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 0.76 mean?
Quang Viet Enterprise Co (TPE:4438) has a Cyclically Adjusted PB Ratio of 0.76 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 Quang Viet Enterprise Co and its competitors. This is 28% below median its historical median of 1.05. Over the past decade, Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.62. According to the industry distribution chart, Quang Viet Enterprise Co ranks #360 out of 859 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.9%.
Is Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio too high?
Quang Viet Enterprise Co's current Cyclically Adjusted PB Ratio of 0.76 is 28% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.62. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.96. Quang Viet Enterprise Co's value of 0.76 is 20.8% below this industry median. Based on the distribution chart, Quang Viet Enterprise Co ranks #360 out of 859 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Quang Viet Enterprise Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Quang Viet Enterprise Co ranks #360 out of 859 companies for Cyclically Adjusted PB Ratio. This puts Quang Viet Enterprise Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Quang Viet Enterprise Co's value of 0.76 is 20.8% below this benchmark. Historically, Quang Viet Enterprise Co's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.62 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.96, Quang Viet Enterprise 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 a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.96, based on 859 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. Quang Viet Enterprise Co's current Cyclically Adjusted PB Ratio of 0.76 is 20.8% 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 Quang Viet Enterprise Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quang Viet Enterprise Co's current Cyclically Adjusted PB Ratio is 0.76, which is 28% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Viet Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Quang Viet Enterprise Co (TPE:4438) is currently considered Possible Value Trap. The stock's GF Value™ is NT$112.77, compared to a current price of NT$60.50 — trading 46.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is 28% below median its 10-year median of 1.05 and 20.8% below the Manufacturing - Apparel & Accessories industry median of 0.96. Quang Viet Enterprise Co's overall GF Score™ is 71/100 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 Quang Viet Enterprise Co (TPE:4438), the current Cyclically Adjusted PB Ratio is 0.76 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 Quang Viet Enterprise Co (TPE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Viet Enterprise Co stock appears to be undervalued. The current stock price of NT$60.50 is trading 46.4% below its estimated GF Value™ of NT$112.77. GuruFocus considers Quang Viet Enterprise Co to be Possible Value Trap.

Key valuation signals for TPE:4438:

  • Cyclically Adjusted PB Ratio: 0.76 (28% below median its 10-year median of 1.05)
  • GF Value™: NT$112.77 vs. price of NT$60.50 (46.4% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 20.8% below the Manufacturing - Apparel & Accessories median (#360 of 859)

No single metric tells the full story. See the TPE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quang Viet Enterprise Co Business Description

Address No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Quang Viet Enterprise Co Ltd is mainly engaged in the manufacturing, processing, and sale of garments, raw materials such as feather and down, and medical products. Its products include Down Jackets, Fiberfill Jackets, Light Jackets and Parka, Knitwear, and others. The Group operates through three reportable segments: Garment Business, which generates the maximum revenue, Down Feather Business, and Medical Business. The Company operates in North America, which generates the maximum revenue, Mainland China, Europe, Japan, and other regions.
71GF Score

Get the complete analysis for TPE:4438

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

NT$60.50
Price
NT$112.77
GF Value