Depo Auto Parts Industrial Co (TPE:6605) Cyclically Adjusted PB Ratio: 1.33 (As of Aug. 11, 2026) — 24% Above Median

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TPE:6605 Depo Auto Parts Industrial Co Ltd TPE:6605
91 GF Score
Price NT$138.50
GF Value NT$160.07
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Depo Auto Parts Industrial Co Cyclically Adjusted PB Ratio?

Depo Auto Parts Industrial Co TPE:6605 +3.75% 91 Cyclically Adjusted PB Ratio is 1.33 as of Aug. 11, 2026, which is 24% above its 10-year median of 1.07. GuruFocus rates TPE:6605 with a GF Score™ of 91/100 and a GF Value™ of NT$160.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,009 Vehicles & Parts companies, Depo Auto Parts Industrial Co ranks worse than 52.33% on this metric.

As of today (2026-08-11), Depo Auto Parts Industrial Co's current share price is NT$138.50. Depo Auto Parts Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$103.98. Depo Auto Parts Industrial Co's Cyclically Adjusted PB Ratio for today is 1.33.

The historical rank and industry rank for Depo Auto Parts Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:6605' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.07   Max: 2.9
Current: 1.36

During the past years, Depo Auto Parts Industrial Co's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.60. And the median was 1.07.

TPE:6605's Cyclically Adjusted PB Ratio is ranked worse than
52.33% of 1009 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs TPE:6605: 1.36

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.

Depo Auto Parts Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$124.390. 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$103.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Depo Auto Parts Industrial Co  (TPE:6605) 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.


Depo Auto Parts Industrial Co Cyclically Adjusted PB Ratio Related Terms


Depo Auto Parts Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Depo Auto Parts Industrial 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.

Depo Auto Parts Industrial Co Cyclically Adjusted PB Ratio Chart

Depo Auto Parts Industrial 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 0.82 0.85 1.63 2.24 1.38

Depo Auto Parts Industrial 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 1.97 1.92 1.31 1.38 1.27

TPE:6605 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Depo Auto Parts Industrial 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.


Depo Auto Parts Industrial Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Depo Auto Parts Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Depo Auto Parts Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:6605
91GF Score
Depo Auto Parts Industrial Co Ltd TPE:6605
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Depo Auto Parts Industrial 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.

Depo Auto Parts Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=138.50/103.98
=1.33

* 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.

Depo Auto Parts Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Depo Auto Parts Industrial 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)
=124.39/330.2130*330.2130
=124.390

Current CPI (Mar. 2026) = 330.2130.

Depo Auto Parts Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 67.949 241.018 93.095
201609 68.306 241.428 93.425
201612 70.728 241.432 96.737
201703 70.709 243.801 95.771
201706 69.345 244.955 93.481
201709 72.047 246.819 96.390
201712 73.381 246.524 98.292
201803 75.501 249.554 99.904
201806 74.004 251.989 96.977
201809 74.850 252.439 97.911
201812 76.348 251.233 100.349
201903 78.887 254.202 102.476
201906 77.204 256.143 99.529
201909 77.504 256.759 99.676
201912 77.790 256.974 99.961
202003 78.942 258.115 100.992
202006 76.929 257.797 98.539
202009 78.429 260.280 99.502
202012 79.952 260.474 101.358
202103 81.592 264.877 101.718
202106 82.912 271.696 100.769
202109 83.233 274.310 100.195
202112 85.247 278.802 100.967
202203 88.233 287.504 101.340
202206 87.852 296.311 97.903
202209 91.014 296.808 101.257
202212 93.224 296.797 103.720
202303 95.944 301.836 104.964
202306 94.906 305.109 102.715
202309 98.599 307.789 105.782
202312 102.557 306.746 110.403
202403 107.802 312.332 113.974
202406 106.169 314.175 111.589
202409 110.222 315.301 115.435
202412 115.082 315.605 120.409
202503 120.144 319.799 124.056
202506 111.399 322.561 114.042
202509 114.810 324.800 116.723
202512 120.031 324.054 122.312
202603 124.390 330.213 124.390

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 1.33 mean?
Depo Auto Parts Industrial Co (TPE:6605) has a Cyclically Adjusted PB Ratio of 1.33 as of Aug. 11, 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 Depo Auto Parts Industrial Co and its competitors. This is 24% above median its historical median of 1.07. Over the past decade, Depo Auto Parts Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.60 to 2.90. According to the industry distribution chart, Depo Auto Parts Industrial Co ranks #528 out of 1009 companies in the Vehicles & Parts industry, placing it in the top 52.3%.
Is Depo Auto Parts Industrial Co's Cyclically Adjusted PB Ratio too high?
Depo Auto Parts Industrial Co's current Cyclically Adjusted PB Ratio of 1.33 is 24% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.90. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. Depo Auto Parts Industrial Co's value of 1.33 is 3.9% above this industry median. Based on the distribution chart, Depo Auto Parts Industrial Co ranks #528 out of 1009 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Depo Auto Parts Industrial Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Depo Auto Parts Industrial Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Depo Auto Parts Industrial Co ranks #528 out of 1009 companies for Cyclically Adjusted PB Ratio. This places Depo Auto Parts Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Depo Auto Parts Industrial Co's value of 1.33 is 3.9% above this benchmark. Historically, Depo Auto Parts Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 2.90 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.28, Depo Auto Parts Industrial 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 1,009 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. Depo Auto Parts Industrial Co's current Cyclically Adjusted PB Ratio of 1.33 is 3.9% 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 Depo Auto Parts Industrial Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Depo Auto Parts Industrial Co's current Cyclically Adjusted PB Ratio is 1.33, which is 24% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Depo Auto Parts Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Depo Auto Parts Industrial Co (TPE:6605) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$160.07, compared to a current price of NT$138.50 — trading 13.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.33, which is 24% above median its 10-year median of 1.07 and 3.9% above the Vehicles & Parts industry median of 1.28. Depo Auto Parts Industrial Co's overall GF Score™ is 91/100 with 3 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 Depo Auto Parts Industrial Co (TPE:6605), the current Cyclically Adjusted PB Ratio is 1.33 as of Aug. 11, 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 Depo Auto Parts Industrial Co (TPE:6605) Overvalued in 2026?

Based on GuruFocus' analysis, Depo Auto Parts Industrial Co stock appears to be undervalued. The current stock price of NT$138.50 is trading 13.5% below its estimated GF Value™ of NT$160.07. GuruFocus considers Depo Auto Parts Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:6605:

  • Cyclically Adjusted PB Ratio: 1.33 (24% above median its 10-year median of 1.07)
  • GF Value™: NT$160.07 vs. price of NT$138.50 (13.5% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 3.9% above the Vehicles & Parts median (#528 of 1009)

No single metric tells the full story. See the TPE:6605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Depo Auto Parts Industrial Co Business Description

Address No. 20-3, Nanshi Lane, Lukang Township, Changhua County, Changhua, TWN
Depo Auto Parts Industrial Co Ltd is a Taiwan-based company engaged in stamping, plastic injection, baking paint and other transportation equipment manufacturing, processing and trading for domestic sales and export, as well as mold manufacturing, processing for domestic sales and export. The company operates in Taiwan, the Americas, Asia, and Other regions, where Taiwan generates maximum revenue.
91GF Score

Get the complete analysis for TPE:6605

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

NT$138.50
Price
NT$160.07
GF Value