Ping Ho Environmental Technology Co (TPE:6771) Cyclically Adjusted PB Ratio: 1.57 (As of Jul. 27, 2026) — 12% Below Median

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TPE:6771 Ping Ho Environmental Technology Co Ltd TPE:6771
76 GF Score
Price NT$38.50
GF Value NT$45.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ping Ho Environmental Technology Co Cyclically Adjusted PB Ratio?

Ping Ho Environmental Technology Co TPE:6771 76 Cyclically Adjusted PB Ratio is 1.57 as of Jul. 27, 2026, which is 12% below its 10-year median of 1.79. GuruFocus rates TPE:6771 with a GF Score™ of 76/100 and a GF Value™ of NT$45.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 160 Waste Management companies, Ping Ho Environmental Technology Co ranks better than 50% on this metric.

As of today (2026-07-27), Ping Ho Environmental Technology Co's current share price is NT$38.50. Ping Ho Environmental Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was NT$24.48. Ping Ho Environmental Technology Co's Cyclically Adjusted PB Ratio for today is 1.57.

The historical rank and industry rank for Ping Ho Environmental Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:6771' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 1.79   Max: 1.86
Current: 1.57

During the past 10 years, Ping Ho Environmental Technology Co's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 1.56. And the median was 1.79.

TPE:6771's Cyclically Adjusted PB Ratio is ranked better than
50% of 160 companies
in the Waste Management industry
Industry Median: 1.575 vs TPE:6771: 1.57

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.

Ping Ho Environmental Technology Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was NT$28.315. 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$24.48 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ping Ho Environmental Technology Co  (TPE:6771) 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.


Ping Ho Environmental Technology Co Cyclically Adjusted PB Ratio Related Terms


Ping Ho Environmental Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ping Ho Environmental Technology 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.

Ping Ho Environmental Technology Co Cyclically Adjusted PB Ratio Chart

Ping Ho Environmental Technology 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 1.89

Ping Ho Environmental Technology Co Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 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 0.00 0.00 0.00 0.00 1.89

TPE:6771 vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Ping Ho Environmental Technology 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.


Ping Ho Environmental Technology Co Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ping Ho Environmental Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ping Ho Environmental Technology Co's Cyclically Adjusted PB Ratio falls into.


TPE:6771
76GF Score
Ping Ho Environmental Technology Co Ltd TPE:6771
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ping Ho Environmental Technology 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.

Ping Ho Environmental Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.50/24.48
=1.57

* 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.

Ping Ho Environmental Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Ping Ho Environmental Technology Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=28.315/324.0540*324.0540
=28.315

Current CPI (Dec25) = 324.0540.

Ping Ho Environmental Technology Co Annual Data

Book Value per Share CPI Adj_Book
201612 9.113 241.432 12.232
201712 15.959 246.524 20.978
201812 18.253 251.233 23.544
201912 20.687 256.974 26.087
202012 20.702 260.474 25.755
202112 23.140 278.802 26.896
202212 24.126 296.797 26.342
202312 24.876 306.746 26.280
202412 27.628 315.605 28.368
202512 28.315 324.054 28.315

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 1.57 mean?
Ping Ho Environmental Technology Co (TPE:6771) has a Cyclically Adjusted PB Ratio of 1.57 as of Jul. 27, 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 Ping Ho Environmental Technology Co and its competitors. This is 12% below median its historical median of 1.79. Over the past decade, Ping Ho Environmental Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.56 to 1.86. According to the industry distribution chart, Ping Ho Environmental Technology Co ranks #80 out of 160 companies in the Waste Management industry, placing it in the top 50%.
Is Ping Ho Environmental Technology Co's Cyclically Adjusted PB Ratio too high?
Ping Ho Environmental Technology Co's current Cyclically Adjusted PB Ratio of 1.57 is 12% below median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 1.86. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.58. Ping Ho Environmental Technology Co's value of 1.57 is 0.3% below this industry median. Based on the distribution chart, Ping Ho Environmental Technology Co ranks #80 out of 160 companies in the Waste Management industry, which is above the industry midpoint. Overall, Ping Ho Environmental Technology Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ping Ho Environmental Technology Co's Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Ping Ho Environmental Technology Co ranks #80 out of 160 companies for Cyclically Adjusted PB Ratio. This puts Ping Ho Environmental Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. Ping Ho Environmental Technology Co's value of 1.57 is 0.3% below this benchmark. Historically, Ping Ho Environmental Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.56 to 1.86 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.58, Ping Ho Environmental Technology Co has consistently been below 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.58, based on 160 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. Ping Ho Environmental Technology Co's current Cyclically Adjusted PB Ratio of 1.57 is 0.3% below 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 Ping Ho Environmental Technology Co and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping Ho Environmental Technology Co's current Cyclically Adjusted PB Ratio is 1.57, which is 12% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping Ho Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ping Ho Environmental Technology Co (TPE:6771) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$45.87, compared to a current price of NT$38.50 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.57, which is 12% below median its 10-year median of 1.79 and 0.3% below the Waste Management industry median of 1.58. Ping Ho Environmental Technology Co's overall GF Score™ is 76/100 with 5 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 Ping Ho Environmental Technology Co (TPE:6771), the current Cyclically Adjusted PB Ratio is 1.57 as of Jul. 27, 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 Ping Ho Environmental Technology Co (TPE:6771) Overvalued in 2026?

Based on GuruFocus' analysis, Ping Ho Environmental Technology Co stock appears to be undervalued. The current stock price of NT$38.50 is trading 16.1% below its estimated GF Value™ of NT$45.87. GuruFocus considers Ping Ho Environmental Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:6771:

  • Cyclically Adjusted PB Ratio: 1.57 (12% below median its 10-year median of 1.79)
  • GF Value™: NT$45.87 vs. price of NT$38.50 (16.1% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 0.3% below the Waste Management median (#80 of 160)

No single metric tells the full story. See the TPE:6771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ping Ho Environmental Technology Co Business Description

Address No. 6, Bengong Road, Gangshan District, Kaohsiung, TWN, 820110
Ping Ho Environmental Technology Co Ltd is engaged in wastewater treatment business. It has patent for a regenerating coagulant which converts waste acid liquid and iron-containing sludge into special iron coagulants required for chemical. The Company derives its operating income from revenue generated by the treatment of wastewater.
76GF Score

Get the complete analysis for TPE:6771

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

NT$38.50
Price
NT$45.87
GF Value