Trade-Van Information Services Co (TPE:6183) Cyclically Adjusted PB Ratio: 4.90 (As of Sep. 18, 2026) — 27% Above Median

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TPE:6183 Trade-Van Information Services Co Ltd TPE:6183
99 GF Score
Price NT$91.40
GF Value NT$96.15
Valuation Fairly Valued
! 1 Warning Sign
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What is Trade-Van Information Services Co Cyclically Adjusted PB Ratio?

Trade-Van Information Services Co TPE:6183 +0.55% 99 Cyclically Adjusted PB Ratio is 4.90 as of Sep. 18, 2026, which is 27% above its 10-year median of 3.87. GuruFocus rates TPE:6183 with a GF Score™ of 99/100 and a GF Value™ of NT$96.15 (Fairly Valued). The stock has 1 warning sign investors should review. Among 688 Business Services companies, Trade-Van Information Services Co ranks worse than 87.79% on this metric.

As of today (2026-09-18), Trade-Van Information Services Co's current share price is NT$91.40. Trade-Van Information Services Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$18.67. Trade-Van Information Services Co's Cyclically Adjusted PB Ratio for today is 4.90.

The historical rank and industry rank for Trade-Van Information Services Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:6183' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.52   Med: 3.87   Max: 6.26
Current: 4.9

During the past years, Trade-Van Information Services Co's highest Cyclically Adjusted PB Ratio was 6.26. The lowest was 2.52. And the median was 3.87.

TPE:6183's Cyclically Adjusted PB Ratio is ranked worse than
87.79% of 688 companies
in the Business Services industry
Industry Median: 1.53 vs TPE:6183: 4.90

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.

Trade-Van Information Services Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$17.909. 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$18.67 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trade-Van Information Services Co  (TPE:6183) 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.


Trade-Van Information Services Co Cyclically Adjusted PB Ratio Related Terms


Trade-Van Information Services Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trade-Van Information Services 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.

Trade-Van Information Services Co Cyclically Adjusted PB Ratio Chart

Trade-Van Information Services 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 3.25 3.52 3.86 4.79 5.17

Trade-Van Information Services Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.13 5.47 5.25 4.99 4.78

TPE:6183 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Trade-Van Information Services 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.


Trade-Van Information Services Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Trade-Van Information Services Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Trade-Van Information Services Co's Cyclically Adjusted PB Ratio falls into.


TPE:6183
99GF Score
Trade-Van Information Services Co Ltd TPE:6183
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trade-Van Information Services 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.

Trade-Van Information Services Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=91.40/18.666
=4.90

* 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.

Trade-Van Information Services Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Trade-Van Information Services Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.909/333.9520*333.9520
=17.909

Current CPI (Jun. 2026) = 333.9520.

Trade-Van Information Services Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.254 241.428 18.333
201612 13.536 241.432 18.723
201703 13.868 243.801 18.996
201706 13.812 244.955 18.830
201709 14.313 246.819 19.366
201712 14.034 246.524 19.011
201803 14.564 249.554 19.489
201806 13.473 251.989 17.855
201809 14.035 252.439 18.567
201812 14.391 251.233 19.129
201903 14.761 254.202 19.392
201906 13.648 256.143 17.794
201909 14.109 256.759 18.351
201912 14.620 256.974 19.000
202003 14.979 258.115 19.380
202006 13.688 257.797 17.732
202009 14.580 260.280 18.707
202012 14.898 260.474 19.101
202103 15.723 264.877 19.823
202106 14.488 271.696 17.808
202109 15.105 274.310 18.389
202112 15.559 278.802 18.637
202203 16.719 287.504 19.420
202206 15.393 296.311 17.348
202209 16.142 296.808 18.162
202212 16.471 296.797 18.533
202303 17.201 301.836 19.031
202306 16.013 305.109 17.527
202309 16.858 307.789 18.291
202312 17.277 306.746 18.809
202403 18.118 312.332 19.372
202406 16.164 314.175 17.182
202409 17.347 315.301 18.373
202412 18.094 315.605 19.146
202503 19.059 319.799 19.902
202506 16.668 322.561 17.257
202509 17.823 324.800 18.325
202512 18.846 324.054 19.422
202603 19.987 330.213 20.213
202606 17.909 333.952 17.909

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 4.90 mean?
Trade-Van Information Services Co (TPE:6183) has a Cyclically Adjusted PB Ratio of 4.90 as of Sep. 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 Trade-Van Information Services Co and its competitors. This is 27% above median its historical median of 3.87. Over the past decade, Trade-Van Information Services Co's Cyclically Adjusted PB Ratio has ranged from 2.52 to 6.26. According to the industry distribution chart, Trade-Van Information Services Co ranks #604 out of 688 companies in the Business Services industry, placing it in the top 87.8%.
Is Trade-Van Information Services Co's Cyclically Adjusted PB Ratio too high?
Trade-Van Information Services Co's current Cyclically Adjusted PB Ratio of 4.90 is 27% above median its 10-year median of 3.87. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 6.26. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Trade-Van Information Services Co's value of 4.90 is 220.3% above this industry median. Based on the distribution chart, Trade-Van Information Services Co ranks #604 out of 688 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Trade-Van Information Services Co has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trade-Van Information Services Co's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Trade-Van Information Services Co ranks #604 out of 688 companies for Cyclically Adjusted PB Ratio. This places Trade-Van Information Services Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Trade-Van Information Services Co's value of 4.90 is 220.3% above this benchmark. Historically, Trade-Van Information Services Co's own Cyclically Adjusted PB Ratio has ranged from 2.52 to 6.26 over the past decade. While the company's 10-year median is 3.87 vs. the industry median of 1.53, Trade-Van Information Services 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 688 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. Trade-Van Information Services Co's current Cyclically Adjusted PB Ratio of 4.90 is 220.3% 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 Trade-Van Information Services Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trade-Van Information Services Co's current Cyclically Adjusted PB Ratio is 4.90, which is 27% above median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade-Van Information Services Co stock overvalued right now?
Based on GuruFocus' analysis, Trade-Van Information Services Co (TPE:6183) is currently considered Fairly Valued. The stock's GF Value™ is NT$96.15, compared to a current price of NT$91.40 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.90, which is 27% above median its 10-year median of 3.87 and 220.3% above the Business Services industry median of 1.53. Trade-Van Information Services Co's overall GF Score™ is 99/100 with 1 warning sign 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 Trade-Van Information Services Co (TPE:6183), the current Cyclically Adjusted PB Ratio is 4.90 as of Sep. 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 Trade-Van Information Services Co (TPE:6183) Overvalued in 2026?

Based on GuruFocus' analysis, Trade-Van Information Services Co stock appears to be undervalued. The current stock price of NT$91.40 is trading 4.9% below its estimated GF Value™ of NT$96.15. GuruFocus considers Trade-Van Information Services Co to be Fairly Valued.

Key valuation signals for TPE:6183:

  • Cyclically Adjusted PB Ratio: 4.90 (27% above median its 10-year median of 3.87)
  • GF Value™: NT$96.15 vs. price of NT$91.40 (4.9% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 220.3% above the Business Services median (#604 of 688)

No single metric tells the full story. See the TPE:6183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trade-Van Information Services Co Business Description

Address No. 19-13, Sanchong Road, 6th Floor, Nangang District, Taipei, TWN, 115
Trade-Van Information Services Co Ltd is a Taiwan-based company. The company's operations include providing electronic data exchanging and related services, Electronic database buildup and related consulting services, Electronic data message design services, and Computer software and hardware agency services.
99GF Score

Get the complete analysis for TPE:6183

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

NT$91.40
Price
NT$96.15
GF Value