Double Bond Chemical Ind Co (TPE:4764) Cyclically Adjusted PB Ratio: 8.63 (As of Jul. 31, 2026) — 120% Above Median

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TPE:4764 Double Bond Chemical Ind Co Ltd TPE:4764
54 GF Score
Price NT$260.00
GF Value NT$54.05
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Double Bond Chemical Ind Co Cyclically Adjusted PB Ratio?

Double Bond Chemical Ind Co TPE:4764 +9.94% 54 Cyclically Adjusted PB Ratio is 8.63 as of Jul. 31, 2026, which is 120% above its 10-year median of 3.93. GuruFocus rates TPE:4764 with a GF Score™ of 54/100 and a GF Value™ of NT$54.05 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,254 Chemicals companies, Double Bond Chemical Ind Co ranks worse than 93.06% on this metric.

As of today (2026-07-31), Double Bond Chemical Ind Co's current share price is NT$260.00. Double Bond Chemical Ind Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$30.13. Double Bond Chemical Ind Co's Cyclically Adjusted PB Ratio for today is 8.63.

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

TPE:4764' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 3.93   Max: 11.14
Current: 7.85

During the past years, Double Bond Chemical Ind Co's highest Cyclically Adjusted PB Ratio was 11.14. The lowest was 1.37. And the median was 3.93.

TPE:4764's Cyclically Adjusted PB Ratio is ranked worse than
93.06% of 1254 companies
in the Chemicals industry
Industry Median: 1.63 vs TPE:4764: 7.85

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.

Double Bond Chemical Ind Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$27.951. 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$30.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Double Bond Chemical Ind Co  (TPE:4764) 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.


Double Bond Chemical Ind Co Cyclically Adjusted PB Ratio Related Terms


Double Bond Chemical Ind Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Double Bond Chemical Ind 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.

Double Bond Chemical Ind Co Cyclically Adjusted PB Ratio Chart

Double Bond Chemical Ind 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 0.00 3.53

Double Bond Chemical Ind 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 0.00 1.51 1.39 3.53 3.83

TPE:4764 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Double Bond Chemical Ind 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.


Double Bond Chemical Ind Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Double Bond Chemical Ind Co's Cyclically Adjusted PB Ratio falls into.


TPE:4764
54GF Score
Double Bond Chemical Ind Co Ltd TPE:4764
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Double Bond Chemical Ind 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.

Double Bond Chemical Ind Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=260.00/30.13
=8.63

* 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.

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

For example, Double Bond Chemical Ind 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)
=27.951/330.2130*330.2130
=27.951

Current CPI (Mar. 2026) = 330.2130.

Double Bond Chemical Ind Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.529 241.018 24.016
201609 0.000 241.428 0.000
201612 19.431 241.432 26.576
201703 0.000 243.801 0.000
201706 19.377 244.955 26.121
201709 21.087 246.819 28.212
201712 22.589 246.524 30.257
201803 26.395 249.554 34.926
201806 25.980 251.989 34.045
201809 27.195 252.439 35.574
201812 29.085 251.233 38.228
201903 30.478 254.202 39.591
201906 27.465 256.143 35.407
201909 26.916 256.759 34.616
201912 26.639 256.974 34.231
202003 25.324 258.115 32.398
202006 24.545 257.797 31.440
202009 24.855 260.280 31.533
202012 25.531 260.474 32.367
202103 25.356 264.877 31.610
202106 25.744 271.696 31.289
202109 25.784 274.310 31.039
202112 26.337 278.802 31.194
202203 26.990 287.504 30.999
202206 27.175 296.311 30.284
202209 27.281 296.808 30.351
202212 27.005 296.797 30.045
202303 26.354 301.836 28.832
202306 25.264 305.109 27.343
202309 25.717 307.789 27.591
202312 24.999 306.746 26.911
202403 24.973 312.332 26.403
202406 25.029 314.175 26.307
202409 25.493 315.301 26.699
202412 25.274 315.605 26.444
202503 25.959 319.799 26.804
202506 23.788 322.561 24.352
202509 24.940 324.800 25.356
202512 26.991 324.054 27.504
202603 27.951 330.213 27.951

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 8.63 mean?
Double Bond Chemical Ind Co (TPE:4764) has a Cyclically Adjusted PB Ratio of 8.63 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 Double Bond Chemical Ind Co and its competitors. This is 120% above median its historical median of 3.93. Over the past decade, Double Bond Chemical Ind Co's Cyclically Adjusted PB Ratio has ranged from 1.37 to 11.14. According to the industry distribution chart, Double Bond Chemical Ind Co ranks #1167 out of 1254 companies in the Chemicals industry, placing it in the top 93.1%.
Is Double Bond Chemical Ind Co's Cyclically Adjusted PB Ratio too high?
Double Bond Chemical Ind Co's current Cyclically Adjusted PB Ratio of 8.63 is 120% above median its 10-year median of 3.93. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 11.14. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.63. Double Bond Chemical Ind Co's value of 8.63 is 429.4% above this industry median. Based on the distribution chart, Double Bond Chemical Ind Co ranks #1167 out of 1254 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Double Bond Chemical Ind Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Double Bond Chemical Ind Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Double Bond Chemical Ind Co ranks #1167 out of 1254 companies for Cyclically Adjusted PB Ratio. This places Double Bond Chemical Ind Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Double Bond Chemical Ind Co's value of 8.63 is 429.4% above this benchmark. Historically, Double Bond Chemical Ind Co's own Cyclically Adjusted PB Ratio has ranged from 1.37 to 11.14 over the past decade. While the company's 10-year median is 3.93 vs. the industry median of 1.63, Double Bond Chemical Ind 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 1.63, 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. Double Bond Chemical Ind Co's current Cyclically Adjusted PB Ratio of 8.63 is 429.4% 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 Double Bond Chemical Ind Co 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. Double Bond Chemical Ind Co's current Cyclically Adjusted PB Ratio is 8.63, which is 120% above median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Double Bond Chemical Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Double Bond Chemical Ind Co (TPE:4764) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$54.05, compared to a current price of NT$260.00 — trading 381% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.63, which is 120% above median its 10-year median of 3.93 and 429.4% above the Chemicals industry median of 1.63. Double Bond Chemical Ind Co's overall GF Score™ is 54/100 with 1 warning sign 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 Double Bond Chemical Ind Co (TPE:4764), the current Cyclically Adjusted PB Ratio is 8.63 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 Double Bond Chemical Ind Co (TPE:4764) Overvalued in 2026?

Based on GuruFocus' analysis, Double Bond Chemical Ind Co stock appears to be overvalued. The current stock price of NT$260.00 is trading 381% above its estimated GF Value™ of NT$54.05. GuruFocus considers Double Bond Chemical Ind Co to be Significantly Overvalued.

Key valuation signals for TPE:4764:

  • Cyclically Adjusted PB Ratio: 8.63 (120% above median its 10-year median of 3.93)
  • GF Value™: NT$54.05 vs. price of NT$260.00 (381% above fair value)
  • GF Score™: 54/100 with 1 warning sign
  • Industry Position: 429.4% above the Chemicals median (#1167 of 1254)

No single metric tells the full story. See the TPE:4764 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Double Bond Chemical Ind Co Business Description

Address No. 959, Zhongzheng Road, 4th Floor, Zhonghe District, New Taipei City, TWN, 235601
Double Bond Chemical Ind Co Ltd mainly engages in the production and sale of various chemical raw materials, monomer-polymers for coating, industrial additives, and special chemicals. The Company is a manufacturer of fine chemicals, focusing on the polymer and UV-coating industries. Its products include plastics additives, light-cured materials, polymer additives, UV curable materials, inkjet printing inks, electronic chemicals, and other products. The Company operates in Taiwan, China, and other markets, with China generating the maximum revenue.
54GF Score

Get the complete analysis for TPE:4764

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

NT$260.00
Price
NT$54.05
GF Value