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Daxin Materials CoTPE:5234 +0.50%80 Cyclically Adjusted PB Ratio is 9.40 as of Aug. 29, 2026, which is 106% above its 10-year median of 4.57. GuruFocus rates TPE:5234 with a GF Score™ of 80/100 and a GF Value™ of NT$254.68 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,098 Chemicals companies, Daxin Materials Co ranks worse than 94.44% on this metric.
The historical rank and industry rank for Daxin Materials Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TPE:5234'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.13 Med: 4.57 Max: 13.99
Current: 9.4
During the past years, Daxin Materials Co's highest Cyclically Adjusted PB Ratio was 13.99. The lowest was 2.13. And the median was 4.57.
TPE:5234's Cyclically Adjusted PB Ratio is ranked worse than 94.44% of 1098
companies
in the Chemicals industry
Industry Median: 1.655
vs TPE:5234: 9.40
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.
Daxin Materials Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$32.276. 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$32.30 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Daxin Materials Co (TPE:5234) 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.
Daxin Materials Co Cyclically Adjusted PB Ratio Related Terms
Daxin Materials Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Daxin Materials 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.
Daxin Materials Co Cyclically Adjusted PB Ratio Chart
TPE:5234 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison
For the Specialty Chemicals subindustry, Daxin Materials 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.
Daxin Materials Co Cyclically Adjusted PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Daxin Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Daxin Materials Co's Cyclically Adjusted PB Ratio falls into.
Daxin Materials 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.
Daxin Materials Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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 9.40 mean?
Daxin Materials Co (TPE:5234) has a Cyclically Adjusted PB Ratio of 9.40 as of Aug. 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 Daxin Materials Co and its competitors. This is 106% above median its historical median of 4.57. Over the past decade, Daxin Materials Co's Cyclically Adjusted PB Ratio has ranged from 2.13 to 13.99. According to the industry distribution chart, Daxin Materials Co ranks #1037 out of 1098 companies in the Chemicals industry, placing it in the top 94.4%.
Is Daxin Materials Co's Cyclically Adjusted PB Ratio too high?
Daxin Materials Co's current Cyclically Adjusted PB Ratio of 9.40 is 106% above median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 13.99. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. Daxin Materials Co's value of 9.40 is 468% above this industry median. Based on the distribution chart, Daxin Materials Co ranks #1037 out of 1098 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Daxin Materials Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daxin Materials Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Daxin Materials Co ranks #1037 out of 1098 companies for Cyclically Adjusted PB Ratio. This places Daxin Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Daxin Materials Co's value of 9.40 is 468% above this benchmark. Historically, Daxin Materials Co's own Cyclically Adjusted PB Ratio has ranged from 2.13 to 13.99 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 1.66, Daxin Materials 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 1.66, based on 1,098 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. Daxin Materials Co's current Cyclically Adjusted PB Ratio of 9.40 is 468% 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 Daxin Materials Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daxin Materials Co's current Cyclically Adjusted PB Ratio is 9.40, which is 106% above median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daxin Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Daxin Materials Co (TPE:5234) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$254.68, compared to a current price of NT$303.50 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.40, which is 106% above median its 10-year median of 4.57 and 468% above the Chemicals industry median of 1.66. Daxin Materials Co's overall GF Score™ is 80/100 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 Daxin Materials Co (TPE:5234), the current Cyclically Adjusted PB Ratio is 9.40 as of Aug. 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 Daxin Materials Co (TPE:5234) Overvalued in 2026?
Based on GuruFocus' analysis, Daxin Materials Co stock appears to be overvalued.
The current stock price of NT$303.50 is trading 19.2% above its estimated GF Value™ of NT$254.68.
GuruFocus considers Daxin Materials Co to be Modestly Overvalued.
Key valuation signals for TPE:5234:
Cyclically Adjusted PB Ratio: 9.40 (106% above median its 10-year median of 4.57)
GF Value™: NT$254.68 vs. price of NT$303.50 (19.2% above fair value)
Industry Position: 468% above the Chemicals median (#1037 of 1098)
No single metric tells the full story. See the TPE:5234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daxin Materials Co Ltd is engaged in the research, design, manufacture, and sale of semiconductors and display-related fine chemicals. Its product portfolio consists of Semiconductor Materials which includes Laser Release Layer, Photosensitive Dielectric/Pass, High-Purity Specialty Chemical, and High-Purity Specialty Chemical; Display Materials include LCD materials, and touch panels materials; Key Raw Materials include functional monomer, and Specialty Polymer; and Instrument analysis includes analytical equipment. Geographically, it operates in Taiwan, China, and others, with Taiwan generating the majority of the revenue.
80GF Score
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