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Jinan Acetate Chemical CoTPE:4763 -4.12%95 Cyclically Adjusted PB Ratio is 8.12 as of Jul. 29, 2026, which is 63% below its 10-year median of 21.68. GuruFocus rates TPE:4763 with a GF Score™ of 95/100 and a GF Value™ of NT$71.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,267 Chemicals companies, Jinan Acetate Chemical Co ranks worse than 93.13% on this metric.
The historical rank and industry rank for Jinan Acetate Chemical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TPE:4763'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.97 Med: 21.68 Max: 37.27
Current: 8.47
During the past years, Jinan Acetate Chemical Co's highest Cyclically Adjusted PB Ratio was 37.27. The lowest was 6.97. And the median was 21.68.
TPE:4763's Cyclically Adjusted PB Ratio is ranked worse than 93.13% of 1267
companies
in the Chemicals industry
Industry Median: 1.65
vs TPE:4763: 8.47
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.
Jinan Acetate Chemical Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$21.817. 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$5.87 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Jinan Acetate Chemical Co (TPE:4763) 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.
Jinan Acetate Chemical Co Cyclically Adjusted PB Ratio Related Terms
Jinan Acetate Chemical Co Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Jinan Acetate Chemical 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.
Jinan Acetate Chemical Co Cyclically Adjusted PB Ratio Chart
TPE:4763 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison
For the Specialty Chemicals subindustry, Jinan Acetate Chemical 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.
Jinan Acetate Chemical Co Cyclically Adjusted PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jinan Acetate Chemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Jinan Acetate Chemical Co's Cyclically Adjusted PB Ratio falls into.
Jinan Acetate Chemical 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.
* 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.
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 8.12 mean?
Jinan Acetate Chemical Co (TPE:4763) has a Cyclically Adjusted PB Ratio of 8.12 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 Jinan Acetate Chemical Co and its competitors. This is 63% below median its historical median of 21.68. Over the past decade, Jinan Acetate Chemical Co's Cyclically Adjusted PB Ratio has ranged from 6.97 to 37.27. According to the industry distribution chart, Jinan Acetate Chemical Co ranks #1180 out of 1267 companies in the Chemicals industry, placing it in the top 93.1%.
Is Jinan Acetate Chemical Co's Cyclically Adjusted PB Ratio too high?
Jinan Acetate Chemical Co's current Cyclically Adjusted PB Ratio of 8.12 is 63% below median its 10-year median of 21.68. Over the past 10 years, this metric has ranged from a low of 6.97 to a high of 37.27. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Jinan Acetate Chemical Co's value of 8.12 is 392.1% above this industry median. Based on the distribution chart, Jinan Acetate Chemical Co ranks #1180 out of 1267 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Jinan Acetate Chemical Co has a GF Score™ of 95/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jinan Acetate Chemical Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jinan Acetate Chemical Co ranks #1180 out of 1267 companies for Cyclically Adjusted PB Ratio. This places Jinan Acetate Chemical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Jinan Acetate Chemical Co's value of 8.12 is 392.1% above this benchmark. Historically, Jinan Acetate Chemical Co's own Cyclically Adjusted PB Ratio has ranged from 6.97 to 37.27 over the past decade. While the company's 10-year median is 21.68 vs. the industry median of 1.65, Jinan Acetate Chemical Co 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 1.65, based on 1,267 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. Jinan Acetate Chemical Co's current Cyclically Adjusted PB Ratio of 8.12 is 392.1% 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 Jinan Acetate Chemical Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinan Acetate Chemical Co's current Cyclically Adjusted PB Ratio is 8.12, which is 63% below median its own 10-year median of 21.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinan Acetate Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Jinan Acetate Chemical Co (TPE:4763) is currently considered Possible Value Trap. The stock's GF Value™ is NT$71.23, compared to a current price of NT$47.65 — trading 33.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.12, which is 63% below median its 10-year median of 21.68 and 392.1% above the Chemicals industry median of 1.65. Jinan Acetate Chemical Co's overall GF Score™ is 95/100 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 Jinan Acetate Chemical Co (TPE:4763), the current Cyclically Adjusted PB Ratio is 8.12 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 Jinan Acetate Chemical Co (TPE:4763) Overvalued in 2026?
Based on GuruFocus' analysis, Jinan Acetate Chemical Co stock appears to be undervalued.
The current stock price of NT$47.65 is trading 33.1% below its estimated GF Value™ of NT$71.23.
GuruFocus considers Jinan Acetate Chemical Co to be Possible Value Trap.
Key valuation signals for TPE:4763:
Cyclically Adjusted PB Ratio: 8.12 (63% below median its 10-year median of 21.68)
GF Value™: NT$71.23 vs. price of NT$47.65 (33.1% below fair value)
Industry Position: 392.1% above the Chemicals median (#1180 of 1267)
No single metric tells the full story. See the TPE:4763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jinan Acetate Chemical Co Ltd is a chemical company based in China. The company is engaged in the manufacturing and sales of cellulose acetate products. It derives a majority of its revenue from Cellulose acetate tow products. Geographically, it generates maximum revenue from Europe and also has a presence in America, Africa, and Asia.
95GF Score
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