Nan Pao Resins Chemical Co (TPE:4766) Cyclically Adjusted PB Ratio: 3.02 (As of Sep. 07, 2026) — Near Median

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TPE:4766 Nan Pao Resins Chemical Co Ltd TPE:4766
94 GF Score
Price NT$344.50
GF Value NT$353.98
Valuation Fairly Valued
! 3 Warning Signs
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What is Nan Pao Resins Chemical Co Cyclically Adjusted PB Ratio?

Nan Pao Resins Chemical Co TPE:4766 -0.43% 94 Cyclically Adjusted PB Ratio is 3.02 as of Sep. 07, 2026, which is 0% above its 10-year median of 3.01. GuruFocus rates TPE:4766 with a GF Score™ of 94/100 and a GF Value™ of NT$353.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,096 Chemicals companies, Nan Pao Resins Chemical Co ranks worse than 70.89% on this metric.

As of today (2026-09-07), Nan Pao Resins Chemical Co's current share price is NT$344.50. Nan Pao Resins Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$114.25. Nan Pao Resins Chemical Co's Cyclically Adjusted PB Ratio for today is 3.02.

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

TPE:4766' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.7   Med: 3.01   Max: 3.51
Current: 3.03

During the past years, Nan Pao Resins Chemical Co's highest Cyclically Adjusted PB Ratio was 3.51. The lowest was 2.70. And the median was 3.01.

TPE:4766's Cyclically Adjusted PB Ratio is ranked worse than
70.89% of 1096 companies
in the Chemicals industry
Industry Median: 1.69 vs TPE:4766: 3.03

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.

Nan Pao Resins Chemical Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$117.543. 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$114.25 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nan Pao Resins Chemical Co  (TPE:4766) 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.


Nan Pao Resins Chemical Co Cyclically Adjusted PB Ratio Related Terms


Nan Pao Resins Chemical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nan Pao Resins 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.

Nan Pao Resins Chemical Co Cyclically Adjusted PB Ratio Chart

Nan Pao Resins Chemical 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 2.90

Nan Pao Resins Chemical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 2.90 2.76 3.01

TPE:4766 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Nan Pao Resins 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.


Nan Pao Resins Chemical Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Nan Pao Resins Chemical Co's Cyclically Adjusted PB Ratio falls into.


TPE:4766
94GF Score
Nan Pao Resins Chemical Co Ltd TPE:4766
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nan Pao Resins 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.

Nan Pao Resins Chemical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=344.50/114.25
=3.02

* 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.

Nan Pao Resins Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nan Pao Resins Chemical Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=117.543/333.9520*333.9520
=117.543

Current CPI (Jun. 2026) = 333.9520.

Nan Pao Resins Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 58.276 236.525 82.280
201612 64.350 241.432 89.010
201703 0.000 243.801 0.000
201706 64.604 244.955 88.076
201709 0.000 246.819 0.000
201712 68.654 246.524 93.002
201803 82.348 249.554 110.198
201806 80.706 251.989 106.957
201809 81.445 252.439 107.744
201812 79.851 251.233 106.142
201903 80.839 254.202 106.200
201906 79.576 256.143 103.749
201909 80.894 256.759 105.214
201912 80.789 256.974 104.990
202003 80.453 258.115 104.091
202006 76.276 257.797 98.808
202009 78.982 260.280 101.338
202012 85.151 260.474 109.172
202103 94.359 264.877 118.966
202106 112.140 271.696 137.836
202109 116.186 274.310 141.448
202112 126.714 278.802 151.779
202203 127.914 287.504 148.579
202206 124.057 296.311 139.816
202209 123.586 296.808 139.052
202212 120.694 296.797 135.803
202303 111.102 301.836 122.923
202306 102.912 305.109 112.641
202309 107.421 307.789 116.552
202312 109.290 306.746 118.983
202403 101.392 312.332 108.410
202406 109.988 314.175 116.912
202409 115.223 315.301 122.039
202412 120.192 315.605 127.179
202503 106.317 319.799 111.022
202506 97.583 322.561 101.029
202509 105.763 324.800 108.743
202512 114.411 324.054 117.906
202603 108.216 330.213 109.441
202606 117.543 333.952 117.543

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 3.02 mean?
Nan Pao Resins Chemical Co (TPE:4766) has a Cyclically Adjusted PB Ratio of 3.02 as of Sep. 07, 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 Nan Pao Resins Chemical Co and its competitors. This is near median its historical median of 3.01. Over the past decade, Nan Pao Resins Chemical Co's Cyclically Adjusted PB Ratio has ranged from 2.70 to 3.51. According to the industry distribution chart, Nan Pao Resins Chemical Co ranks #777 out of 1096 companies in the Chemicals industry, placing it in the top 70.9%.
Is Nan Pao Resins Chemical Co's Cyclically Adjusted PB Ratio too high?
Nan Pao Resins Chemical Co's current Cyclically Adjusted PB Ratio of 3.02 is near median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 3.51. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Nan Pao Resins Chemical Co's value of 3.02 is 78.7% above this industry median. Based on the distribution chart, Nan Pao Resins Chemical Co ranks #777 out of 1096 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nan Pao Resins Chemical Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nan Pao Resins Chemical Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nan Pao Resins Chemical Co ranks #777 out of 1096 companies for Cyclically Adjusted PB Ratio. This places Nan Pao Resins Chemical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Nan Pao Resins Chemical Co's value of 3.02 is 78.7% above this benchmark. Historically, Nan Pao Resins Chemical Co's own Cyclically Adjusted PB Ratio has ranged from 2.70 to 3.51 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 1.69, Nan Pao Resins 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 1.69, based on 1,096 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. Nan Pao Resins Chemical Co's current Cyclically Adjusted PB Ratio of 3.02 is 78.7% 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 Nan Pao Resins Chemical Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nan Pao Resins Chemical Co's current Cyclically Adjusted PB Ratio is 3.02, which is near median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Pao Resins Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nan Pao Resins Chemical Co (TPE:4766) is currently considered Fairly Valued. The stock's GF Value™ is NT$353.98, compared to a current price of NT$344.50 — trading 2.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.02, which is near median its 10-year median of 3.01 and 78.7% above the Chemicals industry median of 1.69. Nan Pao Resins Chemical Co's overall GF Score™ is 94/100 with 3 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 Nan Pao Resins Chemical Co (TPE:4766), the current Cyclically Adjusted PB Ratio is 3.02 as of Sep. 07, 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 Nan Pao Resins Chemical Co (TPE:4766) Overvalued in 2026?

Based on GuruFocus' analysis, Nan Pao Resins Chemical Co stock appears to be undervalued. The current stock price of NT$344.50 is trading 2.7% below its estimated GF Value™ of NT$353.98. GuruFocus considers Nan Pao Resins Chemical Co to be Fairly Valued.

Key valuation signals for TPE:4766:

  • Cyclically Adjusted PB Ratio: 3.02 (near median its 10-year median of 3.01)
  • GF Value™: NT$353.98 vs. price of NT$344.50 (2.7% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 78.7% above the Chemicals median (#777 of 1096)

No single metric tells the full story. See the TPE:4766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nan Pao Resins Chemical Co Business Description

Address Zhongshan Road, No. 519, Xigang District, Tainan, TWN, 723
Nan Pao Resins Chemical Co Ltd is engaged in the manufacturing, wholesale, and retail of synthetic resins, synthetic plastics, adhesives, resin coatings, dyes, and pigments. Its main products include industrial adhesives, shoe glue, paint, and building material chemicals, among others. The majority of the Group's revenue is generated from the sale of adhesives. Its geographical segment includes Taiwan, Mainland China, Vietnam, Australia, and other regions, of which the maximum revenue is derived from Mainland China.
94GF Score

Get the complete analysis for TPE:4766

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

NT$344.50
Price
NT$353.98
GF Value