Keding Enterprise Co (TPE:6655) Cyclically Adjusted PB Ratio: 3.51 (As of Aug. 06, 2026) — Near Median

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TPE:6655 Keding Enterprise Co Ltd TPE:6655
80 GF Score
Price NT$119.50
GF Value NT$137.65
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Keding Enterprise Co Cyclically Adjusted PB Ratio?

Keding Enterprise Co TPE:6655 -0.42% 80 Cyclically Adjusted PB Ratio is 3.51 as of Aug. 06, 2026, which is 6% below its 10-year median of 3.74. GuruFocus rates TPE:6655 with a GF Score™ of 80/100 and a GF Value™ of NT$137.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 238 Forest Products companies, Keding Enterprise Co ranks worse than 92.02% on this metric.

As of today (2026-08-06), Keding Enterprise Co's current share price is NT$119.50. Keding Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$34.09. Keding Enterprise Co's Cyclically Adjusted PB Ratio for today is 3.51.

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

TPE:6655' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.45   Med: 3.74   Max: 4.12
Current: 3.52

During the past years, Keding Enterprise Co's highest Cyclically Adjusted PB Ratio was 4.12. The lowest was 3.45. And the median was 3.74.

TPE:6655's Cyclically Adjusted PB Ratio is ranked worse than
92.02% of 238 companies
in the Forest Products industry
Industry Median: 0.735 vs TPE:6655: 3.52

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.

Keding Enterprise Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$34.286. 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$34.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keding Enterprise Co  (TPE:6655) 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.


Keding Enterprise Co Cyclically Adjusted PB Ratio Related Terms


Keding Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Keding Enterprise 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.

Keding Enterprise Co Cyclically Adjusted PB Ratio Chart

Keding Enterprise 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 0.00 0.00 0.00 0.00 0.00

Keding Enterprise 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 0.00 0.00 0.00 0.00 3.71

TPE:6655 vs SSD, UFPI, BCC: Cyclically Adjusted PB Ratio Comparison

For the Lumber & Wood Production subindustry, Keding Enterprise 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.


Keding Enterprise Co Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Keding Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Keding Enterprise Co's Cyclically Adjusted PB Ratio falls into.


TPE:6655
80GF Score
Keding Enterprise Co Ltd TPE:6655
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Keding Enterprise 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.

Keding Enterprise Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=119.50/34.09
=3.51

* 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.

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

For example, Keding Enterprise 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)
=34.286/330.2130*330.2130
=34.286

Current CPI (Mar. 2026) = 330.2130.

Keding Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 15.386 234.812 21.637
201512 21.055 236.525 29.395
201612 24.103 241.432 32.966
201703 0.000 243.801 0.000
201706 25.174 244.955 33.936
201709 0.000 246.819 0.000
201712 25.780 246.524 34.532
201803 25.920 249.554 34.298
201806 25.637 251.989 33.595
201809 26.785 252.439 35.037
201812 30.704 251.233 40.356
201903 30.562 254.202 39.701
201906 29.251 256.143 37.710
201909 31.510 256.759 40.524
201912 32.391 256.974 41.623
202003 32.079 258.115 41.039
202006 30.778 257.797 39.424
202009 31.985 260.280 40.579
202012 33.706 260.474 42.730
202103 34.767 264.877 43.343
202106 28.287 271.696 34.379
202109 30.569 274.310 36.799
202112 25.413 278.802 30.099
202203 22.903 287.504 26.305
202206 24.637 296.311 27.456
202209 26.221 296.808 29.172
202212 27.998 296.797 31.150
202303 28.499 301.836 31.178
202306 28.048 305.109 30.356
202309 29.277 307.789 31.410
202312 30.513 306.746 32.847
202403 31.163 312.332 32.947
202406 29.616 314.175 31.128
202409 29.371 315.301 30.760
202412 31.506 315.605 32.964
202503 32.321 319.799 33.374
202506 30.357 322.561 31.077
202509 32.018 324.800 32.552
202512 32.271 324.054 32.884
202603 34.286 330.213 34.286

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 3.51 mean?
Keding Enterprise Co (TPE:6655) has a Cyclically Adjusted PB Ratio of 3.51 as of Aug. 06, 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 Keding Enterprise Co and its competitors. This is near median its historical median of 3.74. Over the past decade, Keding Enterprise Co's Cyclically Adjusted PB Ratio has ranged from 3.45 to 4.12. According to the industry distribution chart, Keding Enterprise Co ranks #219 out of 238 companies in the Forest Products industry, placing it in the top 92%.
Is Keding Enterprise Co's Cyclically Adjusted PB Ratio too high?
Keding Enterprise Co's current Cyclically Adjusted PB Ratio of 3.51 is near median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 4.12. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.74. Keding Enterprise Co's value of 3.51 is 377.6% above this industry median. Based on the distribution chart, Keding Enterprise Co ranks #219 out of 238 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Keding Enterprise Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Keding Enterprise Co's Cyclically Adjusted PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Keding Enterprise Co ranks #219 out of 238 companies for Cyclically Adjusted PB Ratio. This places Keding Enterprise Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.74. Keding Enterprise Co's value of 3.51 is 377.6% above this benchmark. Historically, Keding Enterprise Co's own Cyclically Adjusted PB Ratio has ranged from 3.45 to 4.12 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 0.74, Keding Enterprise 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.74, based on 238 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. Keding Enterprise Co's current Cyclically Adjusted PB Ratio of 3.51 is 377.6% 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 Keding Enterprise Co and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keding Enterprise Co's current Cyclically Adjusted PB Ratio is 3.51, which is near median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keding Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Keding Enterprise Co (TPE:6655) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$137.65, compared to a current price of NT$119.50 — trading 13.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.51, which is near median its 10-year median of 3.74 and 377.6% above the Forest Products industry median of 0.74. Keding Enterprise Co's overall GF Score™ is 80/100 with 7 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 Keding Enterprise Co (TPE:6655), the current Cyclically Adjusted PB Ratio is 3.51 as of Aug. 06, 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 Keding Enterprise Co (TPE:6655) Overvalued in 2026?

Based on GuruFocus' analysis, Keding Enterprise Co stock appears to be undervalued. The current stock price of NT$119.50 is trading 13.2% below its estimated GF Value™ of NT$137.65. GuruFocus considers Keding Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:6655:

  • Cyclically Adjusted PB Ratio: 3.51 (near median its 10-year median of 3.74)
  • GF Value™: NT$137.65 vs. price of NT$119.50 (13.2% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 377.6% above the Forest Products median (#219 of 238)

No single metric tells the full story. See the TPE:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keding Enterprise Co Business Description

Address Fuhui Road, 15th Floor, No. 268, Xinzhuang District, New Taipei City, TWN, 241
Keding Enterprise Co Ltd is mainly engaged in the manufacture and sale of prefinished veneered panels, eco panels, wooden flooring, and other wooden products. In addition, it is also involved in the wholesale of timber products. The company offers products such as KD panels, KD floorings, ECO panels, ECO laminates, and others.
80GF Score

Get the complete analysis for TPE:6655

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

NT$119.50
Price
NT$137.65
GF Value