Taiwan Cooperative Financial Holding Co (TPE:5880) Cyclically Adjusted PB Ratio: 1.65 (As of Aug. 01, 2026) — 12% Above Median

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TPE:5880 Taiwan Cooperative Financial Holding Co Ltd TPE:5880
82 GF Score
Price NT$27.60
GF Value NT$31.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Taiwan Cooperative Financial Holding Co Cyclically Adjusted PB Ratio?

Taiwan Cooperative Financial Holding Co TPE:5880 +2.22% 82 Cyclically Adjusted PB Ratio is 1.65 as of Aug. 01, 2026, which is 12% above its 10-year median of 1.47. GuruFocus rates TPE:5880 with a GF Score™ of 82/100 and a GF Value™ of NT$31.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,288 Banks companies, Taiwan Cooperative Financial Holding Co ranks worse than 64.36% on this metric.

As of today (2026-08-01), Taiwan Cooperative Financial Holding Co's current share price is NT$27.60. Taiwan Cooperative Financial Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$16.76. Taiwan Cooperative Financial Holding Co's Cyclically Adjusted PB Ratio for today is 1.65.

The historical rank and industry rank for Taiwan Cooperative Financial Holding Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:5880' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.47   Max: 1.81
Current: 1.65

During the past years, Taiwan Cooperative Financial Holding Co's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 1.13. And the median was 1.47.

TPE:5880's Cyclically Adjusted PB Ratio is ranked worse than
64.36% of 1288 companies
in the Banks industry
Industry Median: 1.26 vs TPE:5880: 1.65

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.

Taiwan Cooperative Financial Holding Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$17.808. 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$16.76 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Cooperative Financial Holding Co  (TPE:5880) 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.


Taiwan Cooperative Financial Holding Co Cyclically Adjusted PB Ratio Related Terms


Taiwan Cooperative Financial Holding Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Cooperative Financial Holding 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.

Taiwan Cooperative Financial Holding Co Cyclically Adjusted PB Ratio Chart

Taiwan Cooperative Financial Holding 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 1.56 1.54 1.60 1.45 1.45

Taiwan Cooperative Financial Holding Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.45 1.42 1.45 1.47 1.45

Taiwan Cooperative Financial Holding Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Taiwan Cooperative Financial Holding 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.


Taiwan Cooperative Financial Holding Co Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Taiwan Cooperative Financial Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Cooperative Financial Holding Co's Cyclically Adjusted PB Ratio falls into.


TPE:5880
82GF Score
Taiwan Cooperative Financial Holding Co Ltd TPE:5880
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Cooperative Financial Holding 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.

Taiwan Cooperative Financial Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.60/16.76
=1.65

* 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.

Taiwan Cooperative Financial Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Taiwan Cooperative Financial Holding Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=17.808/324.0540*324.0540
=17.808

Current CPI (Dec. 2025) = 324.0540.

Taiwan Cooperative Financial Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 12.181 238.132 16.576
201606 12.193 241.018 16.394
201609 12.461 241.428 16.726
201612 12.387 241.432 16.626
201703 12.646 243.801 16.809
201706 12.402 244.955 16.407
201709 12.683 246.819 16.652
201712 12.828 246.524 16.862
201803 13.142 249.554 17.065
201806 12.867 251.989 16.547
201809 13.194 252.439 16.937
201812 13.282 251.233 17.132
201903 13.770 254.202 17.554
201906 13.607 256.143 17.215
201909 13.845 256.759 17.474
201912 14.120 256.974 17.806
202003 14.157 258.115 17.774
202006 14.123 257.797 17.753
202009 14.400 260.280 17.928
202012 14.734 260.474 18.330
202103 14.945 264.877 18.284
202106 15.408 271.696 18.377
202109 14.924 274.310 17.630
202112 15.065 278.802 17.510
202203 14.937 287.504 16.836
202206 13.151 296.311 14.382
202209 12.862 296.808 14.043
202212 13.739 296.797 15.001
202303 14.454 301.836 15.518
202306 14.461 305.109 15.359
202309 14.612 307.789 15.384
202312 15.298 306.746 16.161
202403 15.741 312.332 16.332
202406 15.592 314.175 16.082
202409 16.192 315.301 16.642
202412 16.201 315.605 16.635
202503 16.517 319.799 16.737
202506 16.115 322.561 16.190
202509 17.100 324.800 17.061
202512 17.808 324.054 17.808

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 1.65 mean?
Taiwan Cooperative Financial Holding Co (TPE:5880) has a Cyclically Adjusted PB Ratio of 1.65 as of Aug. 01, 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 Taiwan Cooperative Financial Holding Co and its competitors. This is 12% above median its historical median of 1.47. Over the past decade, Taiwan Cooperative Financial Holding Co's Cyclically Adjusted PB Ratio has ranged from 1.13 to 1.81. According to the industry distribution chart, Taiwan Cooperative Financial Holding Co ranks #829 out of 1288 companies in the Banks industry, placing it in the top 64.4%.
Is Taiwan Cooperative Financial Holding Co's Cyclically Adjusted PB Ratio too high?
Taiwan Cooperative Financial Holding Co's current Cyclically Adjusted PB Ratio of 1.65 is 12% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 1.81. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. Taiwan Cooperative Financial Holding Co's value of 1.65 is 31% above this industry median. Based on the distribution chart, Taiwan Cooperative Financial Holding Co ranks #829 out of 1288 companies in the Banks industry, which is below the industry midpoint. Overall, Taiwan Cooperative Financial Holding Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cooperative Financial Holding Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Taiwan Cooperative Financial Holding Co ranks #829 out of 1288 companies for Cyclically Adjusted PB Ratio. This places Taiwan Cooperative Financial Holding Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Taiwan Cooperative Financial Holding Co's value of 1.65 is 31% above this benchmark. Historically, Taiwan Cooperative Financial Holding Co's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 1.81 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.26, Taiwan Cooperative Financial Holding 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.26, based on 1,288 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. Taiwan Cooperative Financial Holding Co's current Cyclically Adjusted PB Ratio of 1.65 is 31% 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 Taiwan Cooperative Financial Holding Co and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cooperative Financial Holding Co's current Cyclically Adjusted PB Ratio is 1.65, which is 12% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cooperative Financial Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cooperative Financial Holding Co (TPE:5880) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$31.61, compared to a current price of NT$27.60 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.65, which is 12% above median its 10-year median of 1.47 and 31% above the Banks industry median of 1.26. Taiwan Cooperative Financial Holding Co's overall GF Score™ is 82/100 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 Taiwan Cooperative Financial Holding Co (TPE:5880), the current Cyclically Adjusted PB Ratio is 1.65 as of Aug. 01, 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 Taiwan Cooperative Financial Holding Co (TPE:5880) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Cooperative Financial Holding Co stock appears to be undervalued. The current stock price of NT$27.60 is trading 12.7% below its estimated GF Value™ of NT$31.61. GuruFocus considers Taiwan Cooperative Financial Holding Co to be Modestly Undervalued.

Key valuation signals for TPE:5880:

  • Cyclically Adjusted PB Ratio: 1.65 (12% above median its 10-year median of 1.47)
  • GF Value™: NT$31.61 vs. price of NT$27.60 (12.7% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 31% above the Banks median (#829 of 1288)

No single metric tells the full story. See the TPE:5880 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Cooperative Financial Holding Co Business Description

Address No. 225, Chang\'an East Road, 17-19th Floor, Section 2, Building A, Songshan District, Taipei, TWN
Taiwan Cooperative Financial Holding Co Ltd is a financial holding company with a broad range of financial products and services in Taiwan. The company reportable segments include TCB business segment which includes deposit and loan, capital, trust, and other business and Other noncore business segments. The company generates maximum revenue from TCB Business segment. The company offers commercial banking, bills finance, credit cards, insurance, security and futures trading, venture capital, and asset management through its subsidiaries.
82GF Score

Get the complete analysis for TPE:5880

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

NT$27.60
Price
NT$31.61
GF Value