Kung Sing Engineering (TPE:5521) Cyclically Adjusted PB Ratio: 0.83 (As of Aug. 18, 2026) — Near Median

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TPE:5521 Kung Sing Engineering Corp TPE:5521
72 GF Score
Price NT$10.45
GF Value NT$16.97
Valuation Possible Value Trap
! 7 Warning Signs
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What is Kung Sing Engineering Cyclically Adjusted PB Ratio?

Kung Sing Engineering TPE:5521 -4.57% 72 Cyclically Adjusted PB Ratio is 0.83 as of Aug. 18, 2026, which is 2% above its 10-year median of 0.81. GuruFocus rates TPE:5521 with a GF Score™ of 72/100 and a GF Value™ of NT$16.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,317 Construction companies, Kung Sing Engineering ranks better than 61.66% on this metric.

As of today (2026-08-18), Kung Sing Engineering's current share price is NT$10.45. Kung Sing Engineering's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$12.57. Kung Sing Engineering's Cyclically Adjusted PB Ratio for today is 0.83.

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

TPE:5521' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.81   Max: 2.1
Current: 0.85

During the past years, Kung Sing Engineering's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 0.48. And the median was 0.81.

TPE:5521's Cyclically Adjusted PB Ratio is ranked better than
61.66% of 1317 companies
in the Construction industry
Industry Median: 1.16 vs TPE:5521: 0.85

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.

Kung Sing Engineering's adjusted book value per share data for the three months ended in Mar. 2026 was NT$11.561. 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$12.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kung Sing Engineering  (TPE:5521) 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.


Kung Sing Engineering Cyclically Adjusted PB Ratio Related Terms


Kung Sing Engineering Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kung Sing Engineering'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.

Kung Sing Engineering Cyclically Adjusted PB Ratio Chart

Kung Sing Engineering 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 0.72 0.55 1.19 0.84 1.88

Kung Sing Engineering 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 1.00 0.94 0.96 1.88 0.98

TPE:5521 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Kung Sing Engineering'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.


Kung Sing Engineering Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kung Sing Engineering's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kung Sing Engineering's Cyclically Adjusted PB Ratio falls into.


TPE:5521
72GF Score
Kung Sing Engineering Corp TPE:5521
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kung Sing Engineering 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.

Kung Sing Engineering's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.45/12.57
=0.83

* 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.

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

For example, Kung Sing Engineering'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)
=11.561/330.2130*330.2130
=11.561

Current CPI (Mar. 2026) = 330.2130.

Kung Sing Engineering Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.556 241.018 14.463
201609 10.595 241.428 14.491
201612 10.886 241.432 14.889
201703 10.882 243.801 14.739
201706 10.801 244.955 14.560
201709 10.783 246.819 14.426
201712 9.809 246.524 13.139
201803 9.880 249.554 13.073
201806 9.288 251.989 12.171
201809 9.081 252.439 11.879
201812 9.172 251.233 12.055
201903 9.210 254.202 11.964
201906 9.296 256.143 11.984
201909 9.401 256.759 12.090
201912 8.673 256.974 11.145
202003 8.663 258.115 11.083
202006 12.576 257.797 16.109
202009 11.546 260.280 14.648
202012 10.811 260.474 13.706
202103 10.852 264.877 13.529
202106 10.961 271.696 13.322
202109 10.830 274.310 13.037
202112 10.734 278.802 12.713
202203 10.721 287.504 12.314
202206 10.643 296.311 11.861
202209 10.637 296.808 11.834
202212 10.735 296.797 11.944
202303 10.589 301.836 11.585
202306 10.804 305.109 11.693
202309 10.880 307.789 11.673
202312 10.970 306.746 11.809
202403 10.790 312.332 11.408
202406 10.818 314.175 11.370
202409 10.922 315.301 11.439
202412 10.920 315.605 11.425
202503 10.909 319.799 11.264
202506 11.051 322.561 11.313
202509 11.265 324.800 11.453
202512 11.431 324.054 11.648
202603 11.561 330.213 11.561

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 0.83 mean?
Kung Sing Engineering (TPE:5521) has a Cyclically Adjusted PB Ratio of 0.83 as of Aug. 18, 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 Kung Sing Engineering and its competitors. This is near median its historical median of 0.81. Over the past decade, Kung Sing Engineering's Cyclically Adjusted PB Ratio has ranged from 0.48 to 2.10. According to the industry distribution chart, Kung Sing Engineering ranks #505 out of 1317 companies in the Construction industry, placing it in the top 38.3%.
Is Kung Sing Engineering's Cyclically Adjusted PB Ratio too high?
Kung Sing Engineering's current Cyclically Adjusted PB Ratio of 0.83 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.10. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Kung Sing Engineering's value of 0.83 is 28.4% below this industry median. Based on the distribution chart, Kung Sing Engineering ranks #505 out of 1317 companies in the Construction industry, which is above the industry midpoint. Overall, Kung Sing Engineering has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kung Sing Engineering's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Kung Sing Engineering ranks #505 out of 1317 companies for Cyclically Adjusted PB Ratio. This puts Kung Sing Engineering in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Kung Sing Engineering's value of 0.83 is 28.4% below this benchmark. Historically, Kung Sing Engineering's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 2.10 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.16, Kung Sing Engineering 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,317 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. Kung Sing Engineering's current Cyclically Adjusted PB Ratio of 0.83 is 28.4% 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 Kung Sing Engineering and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kung Sing Engineering's current Cyclically Adjusted PB Ratio is 0.83, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kung Sing Engineering stock overvalued right now?
Based on GuruFocus' analysis, Kung Sing Engineering (TPE:5521) is currently considered Possible Value Trap. The stock's GF Value™ is NT$16.97, compared to a current price of NT$10.45 — trading 38.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is near median its 10-year median of 0.81 and 28.4% below the Construction industry median of 1.16. Kung Sing Engineering's overall GF Score™ is 72/100 with 7 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 Kung Sing Engineering (TPE:5521), the current Cyclically Adjusted PB Ratio is 0.83 as of Aug. 18, 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 Kung Sing Engineering (TPE:5521) Overvalued in 2026?

Based on GuruFocus' analysis, Kung Sing Engineering stock appears to be undervalued. The current stock price of NT$10.45 is trading 38.4% below its estimated GF Value™ of NT$16.97. GuruFocus considers Kung Sing Engineering to be Possible Value Trap.

Key valuation signals for TPE:5521:

  • Cyclically Adjusted PB Ratio: 0.83 (near median its 10-year median of 0.81)
  • GF Value™: NT$16.97 vs. price of NT$10.45 (38.4% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 28.4% below the Construction median (#505 of 1317)

No single metric tells the full story. See the TPE:5521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kung Sing Engineering Business Description

Address No. 102, Civic Boulevard, 8th Floor, Section 4, Daan District, Taipei, TWN, 106
Kung Sing Engineering Corp is engaged in civil engineering and construction projects. It constructs highways, tunnels, bridges, mass transportation systems, schools, as well as residential and commercial buildings. The main business activities of the Company are the construction and repair of roads and bridges.
72GF Score

Get the complete analysis for TPE:5521

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

NT$10.45
Price
NT$16.97
GF Value