Tai Tung Communication Co (TPE:8011) Cyclically Adjusted PB Ratio: 0.66 (As of Aug. 11, 2026) — 14% Below Median

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TPE:8011 Tai Tung Communication Co Ltd TPE:8011
78 GF Score
Price NT$16.20
GF Value NT$19.72
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tai Tung Communication Co Cyclically Adjusted PB Ratio?

Tai Tung Communication Co TPE:8011 -1.82% 78 Cyclically Adjusted PB Ratio is 0.66 as of Aug. 11, 2026, which is 14% below its 10-year median of 0.77. GuruFocus rates TPE:8011 with a GF Score™ of 78/100 and a GF Value™ of NT$19.72 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,967 Hardware companies, Tai Tung Communication Co ranks better than 82.51% on this metric.

As of today (2026-08-11), Tai Tung Communication Co's current share price is NT$16.20. Tai Tung Communication Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$24.43. Tai Tung Communication Co's Cyclically Adjusted PB Ratio for today is 0.66.

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

TPE:8011' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.77   Max: 1.14
Current: 0.67

During the past years, Tai Tung Communication Co's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.47. And the median was 0.77.

TPE:8011's Cyclically Adjusted PB Ratio is ranked better than
82.51% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs TPE:8011: 0.67

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.

Tai Tung Communication Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$17.665. 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$24.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tai Tung Communication Co  (TPE:8011) 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.


Tai Tung Communication Co Cyclically Adjusted PB Ratio Related Terms


Tai Tung Communication Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tai Tung Communication 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.

Tai Tung Communication Co Cyclically Adjusted PB Ratio Chart

Tai Tung Communication 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 0.81 0.55 0.95 0.97 0.92

Tai Tung Communication 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 0.90 0.81 0.90 0.92 0.82

TPE:8011 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Tai Tung Communication 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.


Tai Tung Communication Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tai Tung Communication Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tai Tung Communication Co's Cyclically Adjusted PB Ratio falls into.


TPE:8011
78GF Score
Tai Tung Communication Co Ltd TPE:8011
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tai Tung Communication 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.

Tai Tung Communication Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.20/24.43
=0.66

* 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.

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

For example, Tai Tung Communication 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)
=17.665/330.2130*330.2130
=17.665

Current CPI (Mar. 2026) = 330.2130.

Tai Tung Communication Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.582 241.018 30.939
201609 22.752 241.428 31.119
201612 23.212 241.432 31.748
201703 24.313 243.801 32.930
201706 22.187 244.955 29.909
201709 22.190 246.819 29.687
201712 22.063 246.524 29.553
201803 22.098 249.554 29.240
201806 22.112 251.989 28.976
201809 22.100 252.439 28.909
201812 22.015 251.233 28.936
201903 21.485 254.202 27.909
201906 21.300 256.143 27.459
201909 21.305 256.759 27.400
201912 21.499 256.974 27.626
202003 21.489 258.115 27.491
202006 21.558 257.797 27.614
202009 21.433 260.280 27.192
202012 21.167 260.474 26.834
202103 20.617 264.877 25.703
202106 19.793 271.696 24.056
202109 19.317 274.310 23.254
202112 19.070 278.802 22.587
202203 18.605 287.504 21.369
202206 18.001 296.311 20.061
202209 17.656 296.808 19.643
202212 17.281 296.797 19.227
202303 17.370 301.836 19.003
202306 17.407 305.109 18.839
202309 17.406 307.789 18.674
202312 17.410 306.746 18.742
202403 17.524 312.332 18.527
202406 17.894 314.175 18.807
202409 18.044 315.301 18.897
202412 19.750 315.605 20.664
202503 20.170 319.799 20.827
202506 19.013 322.561 19.464
202509 19.256 324.800 19.577
202512 19.633 324.054 20.006
202603 17.665 330.213 17.665

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 0.66 mean?
Tai Tung Communication Co (TPE:8011) has a Cyclically Adjusted PB Ratio of 0.66 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 Tai Tung Communication Co and its competitors. This is 14% below median its historical median of 0.77. Over the past decade, Tai Tung Communication Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.14. According to the industry distribution chart, Tai Tung Communication Co ranks #344 out of 1967 companies in the Hardware industry, placing it in the top 17.5%.
Is Tai Tung Communication Co's Cyclically Adjusted PB Ratio too high?
Tai Tung Communication Co's current Cyclically Adjusted PB Ratio of 0.66 is 14% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.14. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Tai Tung Communication Co's value of 0.66 is 68.4% below this industry median. Based on the distribution chart, Tai Tung Communication Co ranks #344 out of 1967 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tai Tung Communication Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tai Tung Communication Co's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Tai Tung Communication Co ranks #344 out of 1967 companies for Cyclically Adjusted PB Ratio. This places Tai Tung Communication Co in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. Tai Tung Communication Co's value of 0.66 is 68.4% below this benchmark. Historically, Tai Tung Communication Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.14 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 2.09, Tai Tung Communication 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 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. Tai Tung Communication Co's current Cyclically Adjusted PB Ratio of 0.66 is 68.4% 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 Tai Tung Communication Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tai Tung Communication Co's current Cyclically Adjusted PB Ratio is 0.66, which is 14% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tai Tung Communication Co stock overvalued right now?
Based on GuruFocus' analysis, Tai Tung Communication Co (TPE:8011) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.72, compared to a current price of NT$16.20 — trading 17.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is 14% below median its 10-year median of 0.77 and 68.4% below the Hardware industry median of 2.09. Tai Tung Communication Co's overall GF Score™ is 78/100 with 6 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 Tai Tung Communication Co (TPE:8011), the current Cyclically Adjusted PB Ratio is 0.66 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 Tai Tung Communication Co (TPE:8011) Overvalued in 2026?

Based on GuruFocus' analysis, Tai Tung Communication Co stock appears to be undervalued. The current stock price of NT$16.20 is trading 17.8% below its estimated GF Value™ of NT$19.72. GuruFocus considers Tai Tung Communication Co to be Modestly Undervalued.

Key valuation signals for TPE:8011:

  • Cyclically Adjusted PB Ratio: 0.66 (14% below median its 10-year median of 0.77)
  • GF Value™: NT$19.72 vs. price of NT$16.20 (17.8% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 68.4% below the Hardware median (#344 of 1967)

No single metric tells the full story. See the TPE:8011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tai Tung Communication Co Business Description

Address Fuhui Road, No. 219, 9th Floor, Xinzhuang District, New Taipei, TWN, 242043
Tai Tung Communication Co Ltd is a Taiwan-based company mainly engaged in the fiber optical cables and Fiber to the Home (FTTH) related accessories business, internal and external communication cables business, power transmission cables business, manufacture and sale of other products, and wholesale and retail sale of ores. The company's business operations cover outdoor and indoor optical cables, telecommunication cables, power transmission and distribution cables, CATV trunk and distribution cables, and others.
78GF Score

Get the complete analysis for TPE:8011

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

NT$16.20
Price
NT$19.72
GF Value