Rechi Precision Co (TPE:4532) Cyclically Adjusted PB Ratio: 1.10 (As of Jul. 29, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:4532 Rechi Precision Co Ltd TPE:4532
82 GF Score
Price NT$23.35
GF Value NT$25.91
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Rechi Precision Co Cyclically Adjusted PB Ratio?

Rechi Precision Co TPE:4532 -2.51% 82 Cyclically Adjusted PB Ratio is 1.10 as of Jul. 29, 2026, which is 6% below its 10-year median of 1.17. GuruFocus rates TPE:4532 with a GF Score™ of 82/100 and a GF Value™ of NT$25.91 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,274 Industrial Products companies, Rechi Precision Co ranks better than 70.71% on this metric.

As of today (2026-07-29), Rechi Precision Co's current share price is NT$23.35. Rechi Precision Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.14. Rechi Precision Co's Cyclically Adjusted PB Ratio for today is 1.10.

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

TPE:4532' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.17   Max: 1.7
Current: 1.15

During the past years, Rechi Precision Co's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.79. And the median was 1.17.

TPE:4532's Cyclically Adjusted PB Ratio is ranked better than
70.71% of 2274 companies
in the Industrial Products industry
Industry Median: 2.105 vs TPE:4532: 1.15

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.

Rechi Precision Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$21.104. 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$21.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rechi Precision Co  (TPE:4532) 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.


Rechi Precision Co Cyclically Adjusted PB Ratio Related Terms


Rechi Precision Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rechi Precision 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.

Rechi Precision Co Cyclically Adjusted PB Ratio Chart

Rechi Precision 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 1.05 0.83 1.07 1.22 1.19

Rechi Precision 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 1.46 1.17 1.17 1.19 1.24

TPE:4532 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Rechi Precision 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.


Rechi Precision Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TPE:4532
82GF Score
Rechi Precision Co Ltd TPE:4532
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rechi Precision 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.

Rechi Precision Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.35/21.14
=1.10

* 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.

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

For example, Rechi Precision 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)
=21.104/330.2130*330.2130
=21.104

Current CPI (Mar. 2026) = 330.2130.

Rechi Precision Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.818 241.018 21.672
201609 16.724 241.428 22.874
201612 16.450 241.432 22.499
201703 16.078 243.801 21.777
201706 14.878 244.955 20.056
201709 15.571 246.819 20.832
201712 16.045 246.524 21.492
201803 17.006 249.554 22.503
201806 16.025 251.989 21.000
201809 15.818 252.439 20.691
201812 16.235 251.233 21.339
201903 17.198 254.202 22.341
201906 16.143 256.143 20.811
201909 15.895 256.759 20.442
201912 15.695 256.974 20.168
202003 15.461 258.115 19.780
202006 15.047 257.797 19.274
202009 15.970 260.280 20.261
202012 17.505 260.474 22.192
202103 18.000 264.877 22.440
202106 18.236 271.696 22.164
202109 17.805 274.310 21.434
202112 18.009 278.802 21.330
202203 19.032 287.504 21.859
202206 18.518 296.311 20.637
202209 19.039 296.808 21.182
202212 18.983 296.797 21.120
202303 18.375 301.836 20.103
202306 18.452 305.109 19.970
202309 19.664 307.789 21.097
202312 19.278 306.746 20.753
202403 19.574 312.332 20.695
202406 20.425 314.175 21.468
202409 20.519 315.301 21.489
202412 21.346 315.605 22.334
202503 20.821 319.799 21.499
202506 18.577 322.561 19.018
202509 19.880 324.800 20.211
202512 21.348 324.054 21.754
202603 21.104 330.213 21.104

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 1.10 mean?
Rechi Precision Co (TPE:4532) has a Cyclically Adjusted PB Ratio of 1.10 as of Jul. 29, 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 Rechi Precision Co and its competitors. This is near median its historical median of 1.17. Over the past decade, Rechi Precision Co's Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.70. According to the industry distribution chart, Rechi Precision Co ranks #666 out of 2274 companies in the Industrial Products industry, placing it in the top 29.3%.
Is Rechi Precision Co's Cyclically Adjusted PB Ratio too high?
Rechi Precision Co's current Cyclically Adjusted PB Ratio of 1.10 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.70. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.11. Rechi Precision Co's value of 1.10 is 47.7% below this industry median. Based on the distribution chart, Rechi Precision Co ranks #666 out of 2274 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Rechi Precision Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rechi Precision Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Rechi Precision Co ranks #666 out of 2274 companies for Cyclically Adjusted PB Ratio. This puts Rechi Precision Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.11. Rechi Precision Co's value of 1.10 is 47.7% below this benchmark. Historically, Rechi Precision Co's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.70 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 2.11, Rechi Precision 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 2.11, based on 2,274 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. Rechi Precision Co's current Cyclically Adjusted PB Ratio of 1.10 is 47.7% 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 Rechi Precision Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rechi Precision Co's current Cyclically Adjusted PB Ratio is 1.10, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rechi Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Rechi Precision Co (TPE:4532) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.91, compared to a current price of NT$23.35 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.10, which is near median its 10-year median of 1.17 and 47.7% below the Industrial Products industry median of 2.11. Rechi Precision Co's overall GF Score™ is 82/100 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 Rechi Precision Co (TPE:4532), the current Cyclically Adjusted PB Ratio is 1.10 as of Jul. 29, 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 Rechi Precision Co (TPE:4532) Overvalued in 2026?

Based on GuruFocus' analysis, Rechi Precision Co stock appears to be undervalued. The current stock price of NT$23.35 is trading 9.9% below its estimated GF Value™ of NT$25.91. GuruFocus considers Rechi Precision Co to be Modestly Undervalued.

Key valuation signals for TPE:4532:

  • Cyclically Adjusted PB Ratio: 1.10 (near median its 10-year median of 1.17)
  • GF Value™: NT$25.91 vs. price of NT$23.35 (9.9% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 47.7% below the Industrial Products median (#666 of 2274)

No single metric tells the full story. See the TPE:4532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rechi Precision Co Business Description

Address No. 943, Cheng Kung Road, Section 2, Guanyin District, Taoyuan, TWN, 328
Rechi Precision Co Ltd mainly engaged in the assembly and processing, manufacturing and repairing, and trading of refrigerant compressors, and design services of relevant products, as well as import and export business.
82GF Score

Get the complete analysis for TPE:4532

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

NT$23.35
Price
NT$25.91
GF Value