Farglory Land Development Co (TPE:5522) Cyclically Adjusted PB Ratio: 1.00 (As of Aug. 04, 2026) — Near Median

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TPE:5522 Farglory Land Development Co Ltd TPE:5522
80 GF Score
Price NT$64.10
GF Value NT$104.02
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Farglory Land Development Co Cyclically Adjusted PB Ratio?

Farglory Land Development Co TPE:5522 -1.54% 80 Cyclically Adjusted PB Ratio is 1.00 as of Aug. 04, 2026, which is at its 10-year median of 1.00. GuruFocus rates TPE:5522 with a GF Score™ of 80/100 and a GF Value™ of NT$104.02 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,414 Real Estate companies, Farglory Land Development Co ranks worse than 65.56% on this metric.

As of today (2026-08-04), Farglory Land Development Co's current share price is NT$64.10. Farglory Land Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$64.21. Farglory Land Development Co's Cyclically Adjusted PB Ratio for today is 1.00.

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

TPE:5522' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1   Max: 1.51
Current: 1.01

During the past years, Farglory Land Development Co's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.64. And the median was 1.00.

TPE:5522's Cyclically Adjusted PB Ratio is ranked worse than
65.56% of 1414 companies
in the Real Estate industry
Industry Median: 0.69 vs TPE:5522: 1.01

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.

Farglory Land Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$60.869. 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$64.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Farglory Land Development Co  (TPE:5522) 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.


Farglory Land Development Co Cyclically Adjusted PB Ratio Related Terms


Farglory Land Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Farglory Land Development 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.

Farglory Land Development Co Cyclically Adjusted PB Ratio Chart

Farglory Land Development 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 1.13 0.97 0.93 1.18 1.21

Farglory Land Development 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 1.09 1.01 0.97 1.21 1.10

Farglory Land Development Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Farglory Land Development 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.


Farglory Land Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Farglory Land Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Farglory Land Development Co's Cyclically Adjusted PB Ratio falls into.


TPE:5522
80GF Score
Farglory Land Development Co Ltd TPE:5522
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Farglory Land Development 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.

Farglory Land Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.10/64.21
=1.00

* 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.

Farglory Land Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Farglory Land Development 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)
=60.869/330.2130*330.2130
=60.869

Current CPI (Mar. 2026) = 330.2130.

Farglory Land Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 51.895 241.018 71.100
201609 53.102 241.428 72.630
201612 52.138 241.432 71.311
201703 52.383 243.801 70.949
201706 49.149 244.955 66.256
201709 50.179 246.819 67.133
201712 50.710 246.524 67.925
201803 51.324 249.554 67.913
201806 49.423 251.989 64.765
201809 50.098 252.439 65.533
201812 50.881 251.233 66.876
201903 51.825 254.202 67.322
201906 49.169 256.143 63.387
201909 50.334 256.759 64.734
201912 51.625 256.974 66.338
202003 48.270 258.115 61.753
202006 49.414 257.797 63.295
202009 50.733 260.280 64.364
202012 53.385 260.474 67.678
202103 51.091 264.877 63.693
202106 51.966 271.696 63.158
202109 52.867 274.310 63.641
202112 56.761 278.802 67.228
202203 54.130 287.504 62.171
202206 55.466 296.311 61.812
202209 55.300 296.808 61.524
202212 57.328 296.797 63.782
202303 55.692 301.836 60.928
202306 55.767 305.109 60.355
202309 55.543 307.789 59.590
202312 58.170 306.746 62.620
202403 56.265 312.332 59.486
202406 57.659 314.175 60.602
202409 58.379 315.301 61.140
202412 59.314 315.605 62.059
202503 57.001 319.799 58.857
202506 56.588 322.561 57.930
202509 58.910 324.800 59.892
202512 64.612 324.054 65.840
202603 60.869 330.213 60.869

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 1.00 mean?
Farglory Land Development Co (TPE:5522) has a Cyclically Adjusted PB Ratio of 1.00 as of Aug. 04, 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 Farglory Land Development Co and its competitors. This is near median its historical median of 1.00. Over the past decade, Farglory Land Development Co's Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.51. According to the industry distribution chart, Farglory Land Development Co ranks #927 out of 1414 companies in the Real Estate industry, placing it in the top 65.6%.
Is Farglory Land Development Co's Cyclically Adjusted PB Ratio too high?
Farglory Land Development Co's current Cyclically Adjusted PB Ratio of 1.00 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.51. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Farglory Land Development Co's value of 1.00 is 44.9% above this industry median. Based on the distribution chart, Farglory Land Development Co ranks #927 out of 1414 companies in the Real Estate industry, which is below the industry midpoint. Overall, Farglory Land Development Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Farglory Land Development Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Farglory Land Development Co ranks #927 out of 1414 companies for Cyclically Adjusted PB Ratio. This places Farglory Land Development Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Farglory Land Development Co's value of 1.00 is 44.9% above this benchmark. Historically, Farglory Land Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.51 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.69, Farglory Land Development 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,414 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. Farglory Land Development Co's current Cyclically Adjusted PB Ratio of 1.00 is 44.9% 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 Farglory Land Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farglory Land Development Co's current Cyclically Adjusted PB Ratio is 1.00, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farglory Land Development Co stock overvalued right now?
Based on GuruFocus' analysis, Farglory Land Development Co (TPE:5522) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$104.02, compared to a current price of NT$64.10 — trading 38.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is near median its 10-year median of 1.00 and 44.9% above the Real Estate industry median of 0.69. Farglory Land Development Co's overall GF Score™ is 80/100 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 Farglory Land Development Co (TPE:5522), the current Cyclically Adjusted PB Ratio is 1.00 as of Aug. 04, 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 Farglory Land Development Co (TPE:5522) Overvalued in 2026?

Based on GuruFocus' analysis, Farglory Land Development Co stock appears to be undervalued. The current stock price of NT$64.10 is trading 38.4% below its estimated GF Value™ of NT$104.02. GuruFocus considers Farglory Land Development Co to be Significantly Undervalued.

Key valuation signals for TPE:5522:

  • Cyclically Adjusted PB Ratio: 1.00 (near median its 10-year median of 1.00)
  • GF Value™: NT$104.02 vs. price of NT$64.10 (38.4% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 44.9% above the Real Estate median (#927 of 1414)

No single metric tells the full story. See the TPE:5522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Farglory Land Development Co Business Description

Address Anhe Road, No.98, Section 2, Tainan, TWN, 709401
Farglory Land Development Co Ltd develops and sells real estate properties in Taiwan. The company is engaged in selling and leasing commercial buildings and public housing constructed by commissioned construction contractors. It develops residential, office, and factory buildings, and undertakes BOT contracts. The company mainly operates via two divisions: Land segment and Construction segment. It derives maximum revenue from Land Segment. Geographically, it operates and derives revenue from Taiwan.
80GF Score

Get the complete analysis for TPE:5522

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

NT$64.10
Price
NT$104.02
GF Value