TBI Motion Technology Co (TPE:4540) Cyclically Adjusted PB Ratio: 1.24 (As of Jul. 30, 2026) — Near Median

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TPE:4540 TBI Motion Technology Co Ltd TPE:4540
49 GF Score
Price NT$44.95
GF Value NT$44.87
Valuation Fairly Valued
! 5 Warning Signs
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What is TBI Motion Technology Co Cyclically Adjusted PB Ratio?

TBI Motion Technology Co TPE:4540 -5.67% 49 Cyclically Adjusted PB Ratio is 1.24 as of Jul. 30, 2026, which is 1% below its 10-year median of 1.25. GuruFocus rates TPE:4540 with a GF Score™ of 49/100 and a GF Value™ of NT$44.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,268 Industrial Products companies, TBI Motion Technology Co ranks better than 66.01% on this metric.

As of today (2026-07-30), TBI Motion Technology Co's current share price is NT$44.95. TBI Motion Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$36.27. TBI Motion Technology Co's Cyclically Adjusted PB Ratio for today is 1.24.

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

TPE:4540' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.25   Max: 2
Current: 1.24

During the past years, TBI Motion Technology Co's highest Cyclically Adjusted PB Ratio was 2.00. The lowest was 0.94. And the median was 1.25.

TPE:4540's Cyclically Adjusted PB Ratio is ranked better than
66.01% of 2268 companies
in the Industrial Products industry
Industry Median: 2.1 vs TPE:4540: 1.24

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.

TBI Motion Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$29.830. 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$36.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TBI Motion Technology Co  (TPE:4540) 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.


TBI Motion Technology Co Cyclically Adjusted PB Ratio Related Terms


TBI Motion Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TBI Motion Technology 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.

TBI Motion Technology Co Cyclically Adjusted PB Ratio Chart

TBI Motion Technology 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 1.83 0.97

TBI Motion Technology 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 1.27 1.08 1.16 0.97 1.13

TPE:4540 vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, TBI Motion Technology 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.


TBI Motion Technology Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where TBI Motion Technology Co's Cyclically Adjusted PB Ratio falls into.


TPE:4540
49GF Score
TBI Motion Technology Co Ltd TPE:4540
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TBI Motion Technology 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.

TBI Motion Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.95/36.27
=1.24

* 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.

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

For example, TBI Motion Technology 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)
=29.83/330.2130*330.2130
=29.830

Current CPI (Mar. 2026) = 330.2130.

TBI Motion Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 17.428 236.525 24.331
201606 17.597 241.018 24.109
201612 17.971 241.432 24.579
201703 0.000 243.801 0.000
201706 17.840 244.955 24.049
201709 0.000 246.819 0.000
201712 20.174 246.524 27.023
201803 21.700 249.554 28.714
201806 23.134 251.989 30.315
201809 35.442 252.439 46.361
201812 36.368 251.233 47.801
201903 36.572 254.202 47.508
201906 32.795 256.143 42.278
201909 32.513 256.759 41.814
201912 32.131 256.974 41.289
202003 31.982 258.115 40.915
202006 31.586 257.797 40.459
202009 32.029 260.280 40.635
202012 32.482 260.474 41.179
202103 32.597 264.877 40.638
202106 33.338 271.696 40.518
202109 33.728 274.310 40.602
202112 34.568 278.802 40.942
202203 35.691 287.504 40.993
202206 34.940 296.311 38.938
202209 36.118 296.808 40.183
202212 36.872 296.797 41.023
202303 37.299 301.836 40.806
202306 35.411 305.109 38.325
202309 35.767 307.789 38.373
202312 34.253 306.746 36.873
202403 32.529 312.332 34.391
202406 31.547 314.175 33.157
202409 30.772 315.301 32.227
202412 32.923 315.605 34.447
202503 29.537 319.799 30.499
202506 30.087 322.561 30.801
202509 29.578 324.800 30.071
202512 30.504 324.054 31.084
202603 29.830 330.213 29.830

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 1.24 mean?
TBI Motion Technology Co (TPE:4540) has a Cyclically Adjusted PB Ratio of 1.24 as of Jul. 30, 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 TBI Motion Technology Co and its competitors. This is near median its historical median of 1.25. Over the past decade, TBI Motion Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.00. According to the industry distribution chart, TBI Motion Technology Co ranks #771 out of 2268 companies in the Industrial Products industry, placing it in the top 34%.
Is TBI Motion Technology Co's Cyclically Adjusted PB Ratio too high?
TBI Motion Technology Co's current Cyclically Adjusted PB Ratio of 1.24 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.00. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. TBI Motion Technology Co's value of 1.24 is 41% below this industry median. Based on the distribution chart, TBI Motion Technology Co ranks #771 out of 2268 companies in the Industrial Products industry, which is above the industry midpoint. Overall, TBI Motion Technology Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TBI Motion Technology Co's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, TBI Motion Technology Co ranks #771 out of 2268 companies for Cyclically Adjusted PB Ratio. This puts TBI Motion Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. TBI Motion Technology Co's value of 1.24 is 41% below this benchmark. Historically, TBI Motion Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.00 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 2.10, TBI Motion Technology 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 2.10, based on 2,268 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. TBI Motion Technology Co's current Cyclically Adjusted PB Ratio of 1.24 is 41% 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 TBI Motion Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBI Motion Technology Co's current Cyclically Adjusted PB Ratio is 1.24, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBI Motion Technology Co stock overvalued right now?
Based on GuruFocus' analysis, TBI Motion Technology Co (TPE:4540) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.87, compared to a current price of NT$44.95 — trading 0.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.24, which is near median its 10-year median of 1.25 and 41% below the Industrial Products industry median of 2.10. TBI Motion Technology Co's overall GF Score™ is 49/100 with 5 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 TBI Motion Technology Co (TPE:4540), the current Cyclically Adjusted PB Ratio is 1.24 as of Jul. 30, 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 TBI Motion Technology Co (TPE:4540) Overvalued in 2026?

Based on GuruFocus' analysis, TBI Motion Technology Co stock appears to be overvalued. The current stock price of NT$44.95 is trading 0.2% above its estimated GF Value™ of NT$44.87. GuruFocus considers TBI Motion Technology Co to be Fairly Valued.

Key valuation signals for TPE:4540:

  • Cyclically Adjusted PB Ratio: 1.24 (near median its 10-year median of 1.25)
  • GF Value™: NT$44.87 vs. price of NT$44.95 (0.2% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 41% below the Industrial Products median (#771 of 2268)

No single metric tells the full story. See the TPE:4540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TBI Motion Technology Co Business Description

Address No. 123, Sanduo Road, 4th Floor, Shulin District, New Taipei City, TWN, 23876
TBI Motion Technology Co Ltd is engaged in the manufacturing and sales of precision transmission components for industrial automation, ball screws, and linear slides. Its product portfolio includes Linear Guide, Ball Screw, Ball Spline, Rotary Series, Single Axis Actuator, and Accessory.
49GF Score

Get the complete analysis for TPE:4540

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

NT$44.95
Price
NT$44.87
GF Value