Sinher Technology (TPE:4999) Cyclically Adjusted PB Ratio: 0.36 (As of Aug. 17, 2026) — 49% Below Median

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TPE:4999 Sinher Technology Inc Ltd TPE:4999
71 GF Score
Price NT$18.95
GF Value NT$32.39
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Sinher Technology Cyclically Adjusted PB Ratio?

Sinher Technology TPE:4999 +0.53% 71 Cyclically Adjusted PB Ratio is 0.36 as of Aug. 17, 2026, which is 49% below its 10-year median of 0.71. GuruFocus rates TPE:4999 with a GF Score™ of 71/100 and a GF Value™ of NT$32.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,203 Industrial Products companies, Sinher Technology ranks better than 93.05% on this metric.

As of today (2026-08-17), Sinher Technology's current share price is NT$18.95. Sinher Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$52.79. Sinher Technology's Cyclically Adjusted PB Ratio for today is 0.36.

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

TPE:4999' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.71   Max: 1.52
Current: 0.36

During the past years, Sinher Technology's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.35. And the median was 0.71.

TPE:4999's Cyclically Adjusted PB Ratio is ranked better than
93.05% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs TPE:4999: 0.36

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.

Sinher Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$43.079. 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$52.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinher Technology  (TPE:4999) 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.


Sinher Technology Cyclically Adjusted PB Ratio Related Terms


Sinher Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sinher Technology'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.

Sinher Technology Cyclically Adjusted PB Ratio Chart

Sinher Technology 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 0.95 0.78 0.72 0.65 0.44

Sinher Technology 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 0.59 0.46 0.49 0.44 0.41

TPE:4999 vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Sinher Technology'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.


Sinher Technology Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinher Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:4999
71GF Score
Sinher Technology Inc Ltd TPE:4999
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinher Technology 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.

Sinher Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.95/52.79
=0.36

* 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.

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

For example, Sinher Technology'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)
=43.079/330.2130*330.2130
=43.079

Current CPI (Mar. 2026) = 330.2130.

Sinher Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 36.320 241.018 49.761
201609 38.186 241.428 52.229
201612 40.462 241.432 55.341
201703 40.279 243.801 54.555
201706 38.662 244.955 52.119
201709 40.183 246.819 53.760
201712 41.735 246.524 55.903
201803 41.986 249.554 55.556
201806 42.282 251.989 55.407
201809 43.850 252.439 57.360
201812 45.643 251.233 59.992
201903 45.908 254.202 59.635
201906 43.170 256.143 55.654
201909 43.605 256.759 56.080
201912 44.295 256.974 56.919
202003 44.725 258.115 57.218
202006 43.974 257.797 56.326
202009 45.257 260.280 57.417
202012 47.561 260.474 60.295
202103 45.194 264.877 56.342
202106 45.380 271.696 55.154
202109 45.776 274.310 55.105
202112 46.913 278.802 55.564
202203 46.057 287.504 52.899
202206 47.086 296.311 52.473
202209 48.544 296.808 54.008
202212 47.987 296.797 53.390
202303 45.504 301.836 49.782
202306 46.206 305.109 50.008
202309 46.712 307.789 50.115
202312 46.032 306.746 49.554
202403 45.529 312.332 48.136
202406 46.043 314.175 48.393
202409 46.102 315.301 48.282
202412 46.383 315.605 48.530
202503 45.485 319.799 46.966
202506 42.931 322.561 43.949
202509 43.250 324.800 43.971
202512 43.540 324.054 44.368
202603 43.079 330.213 43.079

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 0.36 mean?
Sinher Technology (TPE:4999) has a Cyclically Adjusted PB Ratio of 0.36 as of Aug. 17, 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 Sinher Technology and its competitors. This is 49% below median its historical median of 0.71. Over the past decade, Sinher Technology's Cyclically Adjusted PB Ratio has ranged from 0.35 to 1.52. According to the industry distribution chart, Sinher Technology ranks #153 out of 2203 companies in the Industrial Products industry, placing it in the top 6.9%.
Is Sinher Technology's Cyclically Adjusted PB Ratio too high?
Sinher Technology's current Cyclically Adjusted PB Ratio of 0.36 is 49% below median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.52. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Sinher Technology's value of 0.36 is 83.5% below this industry median. Based on the distribution chart, Sinher Technology ranks #153 out of 2203 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sinher Technology has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sinher Technology's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Sinher Technology ranks #153 out of 2203 companies for Cyclically Adjusted PB Ratio. This places Sinher Technology in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.18. Sinher Technology's value of 0.36 is 83.5% below this benchmark. Historically, Sinher Technology's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 1.52 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 2.18, Sinher Technology has consistently been below 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.18, based on 2,203 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. Sinher Technology's current Cyclically Adjusted PB Ratio of 0.36 is 83.5% below 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 Sinher Technology and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinher Technology's current Cyclically Adjusted PB Ratio is 0.36, which is 49% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinher Technology stock overvalued right now?
Based on GuruFocus' analysis, Sinher Technology (TPE:4999) is currently considered Possible Value Trap. The stock's GF Value™ is NT$32.39, compared to a current price of NT$18.95 — trading 41.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.36, which is 49% below median its 10-year median of 0.71 and 83.5% below the Industrial Products industry median of 2.18. Sinher Technology's overall GF Score™ is 71/100 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 Sinher Technology (TPE:4999), the current Cyclically Adjusted PB Ratio is 0.36 as of Aug. 17, 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 Sinher Technology (TPE:4999) Overvalued in 2026?

Based on GuruFocus' analysis, Sinher Technology stock appears to be undervalued. The current stock price of NT$18.95 is trading 41.5% below its estimated GF Value™ of NT$32.39. GuruFocus considers Sinher Technology to be Possible Value Trap.

Key valuation signals for TPE:4999:

  • Cyclically Adjusted PB Ratio: 0.36 (49% below median its 10-year median of 0.71)
  • GF Value™: NT$32.39 vs. price of NT$18.95 (41.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 83.5% below the Industrial Products median (#153 of 2203)

No single metric tells the full story. See the TPE:4999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinher Technology Business Description

Address No.27-1, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 221
Sinher Technology Inc Ltd is engaged in the research, development, manufacturing, and sale of hinge parts. The Company's products include NB Hinge, Detachable Hinge, NB Module Hinge, Tablet Module Hinge, AIO & LCD Hinge, 3C Hinge, and Other products. The majority of the Company's revenue is generated from China, followed by Japan and Taiwan.
71GF Score

Get the complete analysis for TPE:4999

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

NT$18.95
Price
NT$32.39
GF Value