L & K Engineering Co (TPE:6139) Cyclically Adjusted PB Ratio: 16.60 (As of Aug. 15, 2026) — 1382% Above Median

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TPE:6139 L & K Engineering Co Ltd TPE:6139
62 GF Score
Price NT$798.00
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What is L & K Engineering Co Cyclically Adjusted PB Ratio?

L & K Engineering Co TPE:6139 -0.87% 62 Cyclically Adjusted PB Ratio is 16.60 as of Aug. 15, 2026, which is 1382% above its 10-year median of 1.12. GuruFocus rates TPE:6139 with a GF Score™ of 62/100. Among 1,329 Construction companies, L & K Engineering Co ranks worse than 97.59% on this metric.

As of today (2026-08-15), L & K Engineering Co's current share price is NT$798.00. L & K Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$48.07. L & K Engineering Co's Cyclically Adjusted PB Ratio for today is 16.60.

The historical rank and industry rank for L & K Engineering Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:6139' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.12   Max: 19.72
Current: 16.6

During the past years, L & K Engineering Co's highest Cyclically Adjusted PB Ratio was 19.72. The lowest was 0.56. And the median was 1.12.

TPE:6139's Cyclically Adjusted PB Ratio is ranked worse than
97.59% of 1329 companies
in the Construction industry
Industry Median: 1.14 vs TPE:6139: 16.60

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.

L & K Engineering Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$92.935. 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$48.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


L & K Engineering Co  (TPE:6139) 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.


L & K Engineering Co Cyclically Adjusted PB Ratio Related Terms


L & K Engineering Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for L & K Engineering 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.

L & K Engineering Co Cyclically Adjusted PB Ratio Chart

L & K Engineering 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 0.83 0.94 4.12 5.21 11.94

L & K Engineering 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 5.27 6.85 7.89 11.94 10.90

TPE:6139 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, L & K Engineering 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.


L & K Engineering Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, L & K Engineering Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where L & K Engineering Co's Cyclically Adjusted PB Ratio falls into.


TPE:6139
62GF Score
L & K Engineering Co Ltd TPE:6139
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

L & K Engineering 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.

L & K Engineering Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=798.00/48.07
=16.60

* 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.

L & K Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, L & K Engineering 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)
=92.935/330.2130*330.2130
=92.935

Current CPI (Mar. 2026) = 330.2130.

L & K Engineering Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 34.132 241.018 46.763
201609 33.972 241.428 46.465
201612 34.000 241.432 46.503
201703 33.708 243.801 45.655
201706 32.618 244.955 43.971
201709 32.449 246.819 43.413
201712 33.419 246.524 44.764
201803 33.897 249.554 44.853
201806 33.051 251.989 43.311
201809 33.101 252.439 43.299
201812 33.916 251.233 44.578
201903 34.535 254.202 44.862
201906 33.006 256.143 42.550
201909 33.981 256.759 43.702
201912 34.008 256.974 43.700
202003 33.335 258.115 42.646
202006 32.602 257.797 41.760
202009 33.164 260.280 42.075
202012 33.473 260.474 42.435
202103 33.759 264.877 42.086
202106 33.870 271.696 41.165
202109 33.015 274.310 39.743
202112 34.324 278.802 40.653
202203 36.003 287.504 41.351
202206 35.607 296.311 39.681
202209 37.027 296.808 41.194
202212 4.135 296.797 4.601
202303 39.797 301.836 43.539
202306 38.196 305.109 41.339
202309 43.520 307.789 46.691
202312 48.129 306.746 51.811
202403 55.902 312.332 59.102
202406 52.500 314.175 55.180
202409 56.998 315.301 59.694
202412 62.606 315.605 65.504
202503 67.043 319.799 69.226
202506 55.145 322.561 56.453
202509 67.940 324.800 69.072
202512 82.709 324.054 84.281
202603 92.935 330.213 92.935

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 16.60 mean?
L & K Engineering Co (TPE:6139) has a Cyclically Adjusted PB Ratio of 16.60 as of Aug. 15, 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 L & K Engineering Co and its competitors. This is 1382% above median its historical median of 1.12. Over the past decade, L & K Engineering Co's Cyclically Adjusted PB Ratio has ranged from 0.56 to 19.72. According to the industry distribution chart, L & K Engineering Co ranks #1297 out of 1329 companies in the Construction industry, placing it in the top 97.6%.
Is L & K Engineering Co's Cyclically Adjusted PB Ratio too high?
L & K Engineering Co's current Cyclically Adjusted PB Ratio of 16.60 is 1382% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 19.72. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. L & K Engineering Co's value of 16.60 is 1356.1% above this industry median. Based on the distribution chart, L & K Engineering Co ranks #1297 out of 1329 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, L & K Engineering Co has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does L & K Engineering Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, L & K Engineering Co ranks #1297 out of 1329 companies for Cyclically Adjusted PB Ratio. This places L & K Engineering Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. L & K Engineering Co's value of 16.60 is 1356.1% above this benchmark. Historically, L & K Engineering Co's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 19.72 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.14, L & K Engineering 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 1.14, based on 1,329 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. L & K Engineering Co's current Cyclically Adjusted PB Ratio of 16.60 is 1356.1% 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 L & K Engineering Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L & K Engineering Co's current Cyclically Adjusted PB Ratio is 16.60, which is 1382% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L & K Engineering Co stock overvalued right now?
L & K Engineering Co (TPE:6139) has a current Cyclically Adjusted PB Ratio of 16.60. The current Cyclically Adjusted PB Ratio is 16.60, which is 1382% above median its 10-year median of 1.12 and 1356.1% above the Construction industry median of 1.14. L & K Engineering Co's overall GF Score™ is 62/100. 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 L & K Engineering Co (TPE:6139), the current Cyclically Adjusted PB Ratio is 16.60 as of Aug. 15, 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.

L & K Engineering Co Business Description

Address No.17, Lane 120, Section 1, Neihu Road, 5th Floor, Neihu District, Taipei City, TWN, 11493
L & K Engineering Co Ltd is a Taiwan-based professional engineering company that provides fully integrated turnkey engineering services for cleanroom construction projects, process utility systems, electrical and mechanical engineering, and other associated engineering projects. The main business includes design and manufacture of hospitals, pharmaceutical and biochemically sterile rooms, electronics clean room, related mechanical and electrical peripherals, and manufacturing process pipelines, especially turnkey engineering services.
62GF Score

Get the complete analysis for TPE:6139

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

NT$798.00
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