Chien Kuo Construction Co (TPE:5515) Cyclically Adjusted PB Ratio: 1.66 (As of Aug. 13, 2026) — 159% Above Median

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TPE:5515 Chien Kuo Construction Co Ltd TPE:5515
74 GF Score
Price NT$45.90
GF Value NT$40.49
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Chien Kuo Construction Co Cyclically Adjusted PB Ratio?

Chien Kuo Construction Co TPE:5515 +5.15% 74 Cyclically Adjusted PB Ratio is 1.66 as of Aug. 13, 2026, which is 159% above its 10-year median of 0.64. GuruFocus rates TPE:5515 with a GF Score™ of 74/100 and a GF Value™ of NT$40.49 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,332 Construction companies, Chien Kuo Construction Co ranks worse than 61.34% on this metric.

As of today (2026-08-13), Chien Kuo Construction Co's current share price is NT$45.90. Chien Kuo Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$27.65. Chien Kuo Construction Co's Cyclically Adjusted PB Ratio for today is 1.66.

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

TPE:5515' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.64   Max: 1.56
Current: 1.56

During the past years, Chien Kuo Construction Co's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.36. And the median was 0.64.

TPE:5515's Cyclically Adjusted PB Ratio is ranked worse than
61.34% of 1332 companies
in the Construction industry
Industry Median: 1.15 vs TPE:5515: 1.56

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.

Chien Kuo Construction Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$28.244. 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$27.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chien Kuo Construction Co  (TPE:5515) 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.


Chien Kuo Construction Co Cyclically Adjusted PB Ratio Related Terms


Chien Kuo Construction Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chien Kuo Construction 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.

Chien Kuo Construction Co Cyclically Adjusted PB Ratio Chart

Chien Kuo Construction 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 0.66 0.51 0.77 0.94 1.32

Chien Kuo Construction 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 1.12 0.98 0.88 1.32 1.30

TPE:5515 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Chien Kuo Construction 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.


Chien Kuo Construction Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Chien Kuo Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chien Kuo Construction Co's Cyclically Adjusted PB Ratio falls into.


TPE:5515
74GF Score
Chien Kuo Construction Co Ltd TPE:5515
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chien Kuo Construction 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.

Chien Kuo Construction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.90/27.65
=1.66

* 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.

Chien Kuo Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chien Kuo Construction 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)
=28.244/330.2130*330.2130
=28.244

Current CPI (Mar. 2026) = 330.2130.

Chien Kuo Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.567 241.018 32.289
201609 23.113 241.428 31.613
201612 23.184 241.432 31.709
201703 22.276 243.801 30.171
201706 22.040 244.955 29.711
201709 22.529 246.819 30.141
201712 22.880 246.524 30.647
201803 22.994 249.554 30.426
201806 23.012 251.989 30.156
201809 22.952 252.439 30.023
201812 23.134 251.233 30.407
201903 23.944 254.202 31.104
201906 23.494 256.143 30.288
201909 20.292 256.759 26.097
201912 20.326 256.974 26.119
202003 20.614 258.115 26.372
202006 20.453 257.797 26.198
202009 20.890 260.280 26.503
202012 21.503 260.474 27.260
202103 22.670 264.877 28.262
202106 23.119 271.696 28.098
202109 22.741 274.310 27.376
202112 22.833 278.802 27.043
202203 23.575 287.504 27.077
202206 22.093 296.311 24.621
202209 23.551 296.808 26.202
202212 23.516 296.797 26.164
202303 23.948 301.836 26.199
202306 23.646 305.109 25.592
202309 24.294 307.789 26.064
202312 24.056 306.746 25.896
202403 25.591 312.332 27.056
202406 25.186 314.175 26.472
202409 23.115 315.301 24.208
202412 24.482 315.605 25.615
202503 25.055 319.799 25.871
202506 21.344 322.561 21.850
202509 24.012 324.800 24.412
202512 26.055 324.054 26.550
202603 28.244 330.213 28.244

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 1.66 mean?
Chien Kuo Construction Co (TPE:5515) has a Cyclically Adjusted PB Ratio of 1.66 as of Aug. 13, 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 Chien Kuo Construction Co and its competitors. This is 159% above median its historical median of 0.64. Over the past decade, Chien Kuo Construction Co's Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.56. According to the industry distribution chart, Chien Kuo Construction Co ranks #817 out of 1332 companies in the Construction industry, placing it in the top 61.3%.
Is Chien Kuo Construction Co's Cyclically Adjusted PB Ratio too high?
Chien Kuo Construction Co's current Cyclically Adjusted PB Ratio of 1.66 is 159% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.56. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Chien Kuo Construction Co's value of 1.66 is 44.3% above this industry median. Based on the distribution chart, Chien Kuo Construction Co ranks #817 out of 1332 companies in the Construction industry, which is below the industry midpoint. Overall, Chien Kuo Construction Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chien Kuo Construction Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Chien Kuo Construction Co ranks #817 out of 1332 companies for Cyclically Adjusted PB Ratio. This places Chien Kuo Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Chien Kuo Construction Co's value of 1.66 is 44.3% above this benchmark. Historically, Chien Kuo Construction Co's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.56 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.15, Chien Kuo Construction 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,332 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. Chien Kuo Construction Co's current Cyclically Adjusted PB Ratio of 1.66 is 44.3% 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 Chien Kuo Construction Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chien Kuo Construction Co's current Cyclically Adjusted PB Ratio is 1.66, which is 159% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chien Kuo Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Chien Kuo Construction Co (TPE:5515) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$40.49, compared to a current price of NT$45.90 — trading 13.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.66, which is 159% above median its 10-year median of 0.64 and 44.3% above the Construction industry median of 1.15. Chien Kuo Construction Co's overall GF Score™ is 74/100 with 4 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 Chien Kuo Construction Co (TPE:5515), the current Cyclically Adjusted PB Ratio is 1.66 as of Aug. 13, 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 Chien Kuo Construction Co (TPE:5515) Overvalued in 2026?

Based on GuruFocus' analysis, Chien Kuo Construction Co stock appears to be overvalued. The current stock price of NT$45.90 is trading 13.4% above its estimated GF Value™ of NT$40.49. GuruFocus considers Chien Kuo Construction Co to be Modestly Overvalued.

Key valuation signals for TPE:5515:

  • Cyclically Adjusted PB Ratio: 1.66 (159% above median its 10-year median of 0.64)
  • GF Value™: NT$40.49 vs. price of NT$45.90 (13.4% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 44.3% above the Construction median (#817 of 1332)

No single metric tells the full story. See the TPE:5515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chien Kuo Construction Co Business Description

Address No. 67, Dunhua South Road, 20th Floor, Section 2, Da\'an District, Taipei, TWN
Chien Kuo Construction Co Ltd is engaged in the business relating to design, supervision of modification, and construction of various construction projects as well as trading of construction materials. The company provides construction and engineering services for residential and commercial buildings, science and technology workshops, public works, and others. Its services include Construction project scheme proposal, Value engineering assessment, Professional geotechnical engineering consultation, and others.
74GF Score

Get the complete analysis for TPE:5515

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

NT$45.90
Price
NT$40.49
GF Value