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Tainergy Tech Co (TPE:4934) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 02, 2025)


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What is Tainergy Tech Co Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Tainergy Tech Co's current share price is NT$11.35. Tainergy Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$18.06. Tainergy Tech Co's Cyclically Adjusted PB Ratio for today is 0.63.

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

TPE:4934' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.1   Max: 1.72
Current: 0.66

During the past years, Tainergy Tech Co's highest Cyclically Adjusted PB Ratio was 1.72. The lowest was 0.28. And the median was 1.10.

TPE:4934's Cyclically Adjusted PB Ratio is ranked better than
84.27% of 712 companies
in the Semiconductors industry
Industry Median: 1.955 vs TPE:4934: 0.66

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.

Tainergy Tech Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$7.582. 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$18.06 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tainergy Tech Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tainergy Tech 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.

* Premium members only.

Tainergy Tech Co Cyclically Adjusted PB Ratio Chart

Tainergy Tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.67 1.25 1.31 0.73

Tainergy Tech Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.24 1.21 0.97 0.73 0.61

Competitive Comparison of Tainergy Tech Co's Cyclically Adjusted PB Ratio

For the Solar subindustry, Tainergy Tech 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.


Tainergy Tech Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tainergy Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tainergy Tech Co's Cyclically Adjusted PB Ratio falls into.


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Tainergy Tech 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.

Tainergy Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.35/18.06
=0.63

* 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.

Tainergy Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Tainergy Tech Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.582/134.9266*134.9266
=7.582

Current CPI (Mar. 2025) = 134.9266.

Tainergy Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 27.819 100.684 37.280
201509 28.747 100.392 38.636
201512 29.722 99.792 40.186
201603 30.514 100.470 40.979
201606 29.850 101.688 39.607
201609 27.478 101.861 36.398
201612 26.253 101.863 34.775
201703 24.249 102.862 31.808
201706 22.438 103.349 29.294
201709 22.386 104.136 29.005
201712 21.040 104.011 27.294
201803 19.971 105.290 25.592
201806 17.951 106.317 22.782
201809 15.108 106.507 19.139
201812 11.224 105.998 14.287
201903 11.427 107.251 14.376
201906 11.113 108.070 13.875
201909 10.950 108.329 13.638
201912 8.896 108.420 11.071
202003 8.784 108.902 10.883
202006 8.992 108.767 11.155
202009 8.903 109.815 10.939
202012 8.784 109.897 10.785
202103 8.258 111.754 9.970
202106 7.675 114.631 9.034
202109 9.105 115.734 10.615
202112 7.484 117.630 8.585
202203 7.274 121.301 8.091
202206 7.219 125.017 7.791
202209 8.869 125.227 9.556
202212 9.658 125.222 10.407
202303 9.871 127.348 10.458
202306 10.100 128.729 10.586
202309 10.649 129.860 11.065
202312 9.388 129.419 9.787
202403 9.192 131.776 9.412
202406 9.093 132.554 9.256
202409 8.783 133.029 8.908
202412 7.464 133.157 7.563
202503 7.582 134.927 7.582

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.


Tainergy Tech Co  (TPE:4934) 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.


Tainergy Tech Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Tainergy Tech Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tainergy Tech Co Business Description

Traded in Other Exchanges
N/A
Address
Ziqiang 1st Road, No. 5, Zhongli Industrial Park Service Center, Fuxing Village, Zhongli District, Taoyuan, TWN
Tainergy Tech Co Ltd is engaged in designing, developing, manufacturing, and marketing solar cells and related systems. The company provides six-inch multi-crystalline solar cells, solar energy application systems, solar refrigerator systems, and solar air conditioner systems. Its products are used in mini-size computers, battery chargers & solar electrical bicycles. The reportable segments of the company are; the Solar Power Department, and the Silicon Carbide Department. The majority of the company's revenue is generated from the Solar power department which is engaged in the production and sale of solar modules and related products.

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