Qualipoly Chemical (TPE:4722) Cyclically Adjusted PB Ratio: 5.10 (As of Jul. 31, 2026) — 252% Above 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:4722 Qualipoly Chemical Corp TPE:4722
62 GF Score
Price NT$160.50
GF Value NT$57.47
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Qualipoly Chemical Cyclically Adjusted PB Ratio?

Qualipoly Chemical TPE:4722 -3.60% 62 Cyclically Adjusted PB Ratio is 5.10 as of Jul. 31, 2026, which is 252% above its 10-year median of 1.45. GuruFocus rates TPE:4722 with a GF Score™ of 62/100 and a GF Value™ of NT$57.47 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,254 Chemicals companies, Qualipoly Chemical ranks worse than 89.39% on this metric.

As of today (2026-07-31), Qualipoly Chemical's current share price is NT$160.50. Qualipoly Chemical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$31.47. Qualipoly Chemical's Cyclically Adjusted PB Ratio for today is 5.10.

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

TPE:4722' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.45   Max: 9.2
Current: 6.44

During the past years, Qualipoly Chemical's highest Cyclically Adjusted PB Ratio was 9.20. The lowest was 1.13. And the median was 1.45.

TPE:4722's Cyclically Adjusted PB Ratio is ranked worse than
89.39% of 1254 companies
in the Chemicals industry
Industry Median: 1.63 vs TPE:4722: 6.44

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.

Qualipoly Chemical's adjusted book value per share data for the three months ended in Mar. 2026 was NT$30.699. 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$31.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualipoly Chemical  (TPE:4722) 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.


Qualipoly Chemical Cyclically Adjusted PB Ratio Related Terms


Qualipoly Chemical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qualipoly Chemical'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.

Qualipoly Chemical Cyclically Adjusted PB Ratio Chart

Qualipoly Chemical 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 1.78 1.24 1.31 1.55 6.06

Qualipoly Chemical 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 1.95 2.20 6.22 6.06 5.08

TPE:4722 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Qualipoly Chemical'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.


Qualipoly Chemical Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Qualipoly Chemical's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:4722
62GF Score
Qualipoly Chemical Corp TPE:4722
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualipoly Chemical 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.

Qualipoly Chemical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=160.50/31.47
=5.10

* 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.

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

For example, Qualipoly Chemical'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)
=30.699/330.2130*330.2130
=30.699

Current CPI (Mar. 2026) = 330.2130.

Qualipoly Chemical Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.444 241.018 29.380
201609 22.276 241.428 30.468
201612 22.981 241.432 31.432
201703 23.222 243.801 31.453
201706 21.711 244.955 29.268
201709 22.890 246.819 30.624
201712 23.408 246.524 31.354
201803 24.049 249.554 31.822
201806 23.443 251.989 30.720
201809 24.027 252.439 31.429
201812 24.507 251.233 32.211
201903 25.188 254.202 32.720
201906 24.115 256.143 31.088
201909 24.623 256.759 31.667
201912 25.065 256.974 32.209
202003 25.616 258.115 32.771
202006 24.331 257.797 31.166
202009 25.003 260.280 31.721
202012 25.976 260.474 32.931
202103 26.907 264.877 33.544
202106 28.168 271.696 34.235
202109 27.014 274.310 32.519
202112 27.827 278.802 32.958
202203 29.201 287.504 33.539
202206 28.138 296.311 31.357
202209 29.242 296.808 32.533
202212 29.055 296.797 32.326
202303 27.203 301.836 29.760
202306 27.578 305.109 29.847
202309 28.554 307.789 30.634
202312 28.887 306.746 31.097
202403 28.641 312.332 30.281
202406 29.392 314.175 30.892
202409 29.961 315.301 31.378
202412 30.379 315.605 31.785
202503 29.649 319.799 30.614
202506 28.929 322.561 29.615
202509 30.152 324.800 30.655
202512 31.422 324.054 32.019
202603 30.699 330.213 30.699

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 5.10 mean?
Qualipoly Chemical (TPE:4722) has a Cyclically Adjusted PB Ratio of 5.10 as of Jul. 31, 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 Qualipoly Chemical and its competitors. This is 252% above median its historical median of 1.45. Over the past decade, Qualipoly Chemical's Cyclically Adjusted PB Ratio has ranged from 1.13 to 9.20. According to the industry distribution chart, Qualipoly Chemical ranks #1121 out of 1254 companies in the Chemicals industry, placing it in the top 89.4%.
Is Qualipoly Chemical's Cyclically Adjusted PB Ratio too high?
Qualipoly Chemical's current Cyclically Adjusted PB Ratio of 5.10 is 252% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 9.20. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.63. Qualipoly Chemical's value of 5.10 is 212.9% above this industry median. Based on the distribution chart, Qualipoly Chemical ranks #1121 out of 1254 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Qualipoly Chemical has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualipoly Chemical's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Qualipoly Chemical ranks #1121 out of 1254 companies for Cyclically Adjusted PB Ratio. This places Qualipoly Chemical in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Qualipoly Chemical's value of 5.10 is 212.9% above this benchmark. Historically, Qualipoly Chemical's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 9.20 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.63, Qualipoly Chemical has consistently been above 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.63, based on 1,254 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. Qualipoly Chemical's current Cyclically Adjusted PB Ratio of 5.10 is 212.9% above 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 Qualipoly Chemical and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualipoly Chemical's current Cyclically Adjusted PB Ratio is 5.10, which is 252% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualipoly Chemical stock overvalued right now?
Based on GuruFocus' analysis, Qualipoly Chemical (TPE:4722) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$57.47, compared to a current price of NT$160.50 — trading 179.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.10, which is 252% above median its 10-year median of 1.45 and 212.9% above the Chemicals industry median of 1.63. Qualipoly Chemical's overall GF Score™ is 62/100 with 8 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 Qualipoly Chemical (TPE:4722), the current Cyclically Adjusted PB Ratio is 5.10 as of Jul. 31, 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 Qualipoly Chemical (TPE:4722) Overvalued in 2026?

Based on GuruFocus' analysis, Qualipoly Chemical stock appears to be overvalued. The current stock price of NT$160.50 is trading 179.3% above its estimated GF Value™ of NT$57.47. GuruFocus considers Qualipoly Chemical to be Significantly Overvalued.

Key valuation signals for TPE:4722:

  • Cyclically Adjusted PB Ratio: 5.10 (252% above median its 10-year median of 1.45)
  • GF Value™: NT$57.47 vs. price of NT$160.50 (179.3% above fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 212.9% above the Chemicals median (#1121 of 1254)

No single metric tells the full story. See the TPE:4722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qualipoly Chemical Business Description

Address No. 2, Yong Gong 5th Road, Yeong An District, Kaohshung City, TWN, 82841
Qualipoly Chemical Corp is a manufacturer of composite resin products. The company manufactures and sells UV curable materials, unsaturated polyester resins (UP resins), and synthetic resins with various usages, etc. The company products include UV curable material, which is the fine chemical, which are broadly adopted in high-tech industries or new applications in traditional industries, offering a comprehensive product line for UV curing products, including monomers, oligomers, additives, varnishes; The UP resins are fundamental industrial products to manufacture FRP, Gelcoat, Casting products such as yachts, tanks, artificial marble, etc; Coating Resins are mainly used to protect surfaces while adding an aesthetic impression and Others are Foundry Resins, Insulating Varnish, and others.
62GF Score

Get the complete analysis for TPE:4722

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

NT$160.50
Price
NT$57.47
GF Value