Taiwan Chelic (TPE:4555) Cyclically Adjusted PB Ratio: 0.85 (As of Aug. 02, 2026) — 11% Below Median

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TPE:4555 Taiwan Chelic Corp Ltd TPE:4555
75 GF Score
Price NT$40.45
GF Value NT$54.99
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Taiwan Chelic Cyclically Adjusted PB Ratio?

Taiwan Chelic TPE:4555 +5.48% 75 Cyclically Adjusted PB Ratio is 0.85 as of Aug. 02, 2026, which is 11% below its 10-year median of 0.96. GuruFocus rates TPE:4555 with a GF Score™ of 75/100 and a GF Value™ of NT$54.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,973 Hardware companies, Taiwan Chelic ranks better than 76.53% on this metric.

As of today (2026-08-02), Taiwan Chelic's current share price is NT$40.45. Taiwan Chelic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$47.40. Taiwan Chelic's Cyclically Adjusted PB Ratio for today is 0.85.

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

TPE:4555' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.96   Max: 1.45
Current: 0.81

During the past years, Taiwan Chelic's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.68. And the median was 0.96.

TPE:4555's Cyclically Adjusted PB Ratio is ranked better than
76.53% of 1973 companies
in the Hardware industry
Industry Median: 2 vs TPE:4555: 0.81

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.

Taiwan Chelic's adjusted book value per share data for the three months ended in Mar. 2026 was NT$41.325. 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$47.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Chelic  (TPE:4555) 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.


Taiwan Chelic Cyclically Adjusted PB Ratio Related Terms


Taiwan Chelic Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Chelic'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.

Taiwan Chelic Cyclically Adjusted PB Ratio Chart

Taiwan Chelic 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 1.30 0.94 0.82

Taiwan Chelic 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 0.82 0.74 0.92 0.82 0.73

TPE:4555 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Taiwan Chelic'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.


Taiwan Chelic Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:4555
75GF Score
Taiwan Chelic Corp Ltd TPE:4555
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Chelic 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.

Taiwan Chelic's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.45/47.40
=0.85

* 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.

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

For example, Taiwan Chelic'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)
=41.325/330.2130*330.2130
=41.325

Current CPI (Mar. 2026) = 330.2130.

Taiwan Chelic Quarterly Data

Book Value per Share CPI Adj_Book
201606 39.177 241.018 53.675
201609 39.233 241.428 53.661
201612 39.094 241.432 53.470
201703 38.335 243.801 51.922
201706 37.525 244.955 50.586
201709 38.708 246.819 51.786
201712 39.293 246.524 52.632
201803 40.712 249.554 53.871
201806 39.537 251.989 51.810
201809 39.076 252.439 51.115
201812 39.668 251.233 52.138
201903 40.494 254.202 52.602
201906 38.244 256.143 49.303
201909 37.465 256.759 48.183
201912 37.118 256.974 47.697
202003 36.406 258.115 46.575
202006 36.636 257.797 46.927
202009 37.833 260.280 47.998
202012 39.028 260.474 49.477
202103 37.922 264.877 47.276
202106 38.982 271.696 47.378
202109 39.965 274.310 48.110
202112 40.773 278.802 48.292
202203 40.814 287.504 46.877
202206 41.126 296.311 45.831
202209 42.819 296.808 47.638
202212 42.755 296.797 47.569
202303 41.465 301.836 45.363
202306 40.684 305.109 44.031
202309 41.331 307.789 44.342
202312 40.312 306.746 43.396
202403 40.781 312.332 43.116
202406 40.806 314.175 42.889
202409 40.594 315.301 42.514
202412 40.334 315.605 42.201
202503 40.705 319.799 42.031
202506 37.943 322.561 38.843
202509 39.213 324.800 39.867
202512 40.888 324.054 41.665
202603 41.325 330.213 41.325

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 0.85 mean?
Taiwan Chelic (TPE:4555) has a Cyclically Adjusted PB Ratio of 0.85 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 Taiwan Chelic and its competitors. This is 11% below median its historical median of 0.96. Over the past decade, Taiwan Chelic's Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.45. According to the industry distribution chart, Taiwan Chelic ranks #463 out of 1973 companies in the Hardware industry, placing it in the top 23.5%.
Is Taiwan Chelic's Cyclically Adjusted PB Ratio too high?
Taiwan Chelic's current Cyclically Adjusted PB Ratio of 0.85 is 11% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.45. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Taiwan Chelic's value of 0.85 is 57.5% below this industry median. Based on the distribution chart, Taiwan Chelic ranks #463 out of 1973 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Chelic has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Chelic's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Taiwan Chelic ranks #463 out of 1973 companies for Cyclically Adjusted PB Ratio. This places Taiwan Chelic in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.00. Taiwan Chelic's value of 0.85 is 57.5% below this benchmark. Historically, Taiwan Chelic's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.45 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 2.00, Taiwan Chelic 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,973 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. Taiwan Chelic's current Cyclically Adjusted PB Ratio of 0.85 is 57.5% 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 Taiwan Chelic and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Chelic's current Cyclically Adjusted PB Ratio is 0.85, which is 11% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Chelic stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Chelic (TPE:4555) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$54.99, compared to a current price of NT$40.45 — trading 26.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is 11% below median its 10-year median of 0.96 and 57.5% below the Hardware industry median of 2.00. Taiwan Chelic's overall GF Score™ is 75/100 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 Taiwan Chelic (TPE:4555), the current Cyclically Adjusted PB Ratio is 0.85 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 Taiwan Chelic (TPE:4555) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Chelic stock appears to be undervalued. The current stock price of NT$40.45 is trading 26.4% below its estimated GF Value™ of NT$54.99. GuruFocus considers Taiwan Chelic to be Modestly Undervalued.

Key valuation signals for TPE:4555:

  • Cyclically Adjusted PB Ratio: 0.85 (11% below median its 10-year median of 0.96)
  • GF Value™: NT$54.99 vs. price of NT$40.45 (26.4% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 57.5% below the Hardware median (#463 of 1973)

No single metric tells the full story. See the TPE:4555 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Chelic Business Description

Address No. 21, Guifeng Street, Taishan District, New Taipei City, TWN, 24355
Taiwan Chelic Corp Ltd is mainly engaged in the design, production, and trading of pneumatic and hydraulic equipment for a variety of machinery, and the parts thereof, and electronic parts. Its offerings include air units, control valves, actuators, pneumatic accessories, vacuum units, automatic modularized products and electro-control unit which are allocated and used widely in machinery sectors such as production facilities, inspection machines, packing machines, forming machines, repairmen equipment and factory automation. The majority of revenue is derived from the sale of Pneumatic components in China. Geographically, the company operates in 2 regions - Taiwan and China.
75GF Score

Get the complete analysis for TPE:4555

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

NT$40.45
Price
NT$54.99
GF Value