Thunder Tiger (TPE:8033) Cyclically Adjusted PB Ratio: 21.72 (As of Aug. 10, 2026) — 210% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:8033 Thunder Tiger Corp TPE:8033
65 GF Score
Price NT$172.00
GF Value NT$71.93
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Thunder Tiger Cyclically Adjusted PB Ratio?

Thunder Tiger TPE:8033 -7.03% 65 Cyclically Adjusted PB Ratio is 21.72 as of Aug. 10, 2026, which is 210% above its 10-year median of 7.01. GuruFocus rates TPE:8033 with a GF Score™ of 65/100 and a GF Value™ of NT$71.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 643 Travel & Leisure companies, Thunder Tiger ranks worse than 98.29% on this metric.

As of today (2026-08-10), Thunder Tiger's current share price is NT$172.00. Thunder Tiger's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$7.92. Thunder Tiger's Cyclically Adjusted PB Ratio for today is 21.72.

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

TPE:8033' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 7.01   Max: 28.66
Current: 23.34

During the past years, Thunder Tiger's highest Cyclically Adjusted PB Ratio was 28.66. The lowest was 0.88. And the median was 7.01.

TPE:8033's Cyclically Adjusted PB Ratio is ranked worse than
98.29% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs TPE:8033: 23.34

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.

Thunder Tiger's adjusted book value per share data for the three months ended in Mar. 2026 was NT$12.473. 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$7.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thunder Tiger  (TPE:8033) 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.


Thunder Tiger Cyclically Adjusted PB Ratio Related Terms


Thunder Tiger Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thunder Tiger'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.

Thunder Tiger Cyclically Adjusted PB Ratio Chart

Thunder Tiger 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 2.41 5.86 7.65 9.37 18.61

Thunder Tiger 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 8.27 7.82 19.15 18.61 16.93

TPE:8033 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Thunder Tiger'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.


Thunder Tiger Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thunder Tiger's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thunder Tiger's Cyclically Adjusted PB Ratio falls into.


TPE:8033
65GF Score
Thunder Tiger Corp TPE:8033
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thunder Tiger 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.

Thunder Tiger's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=172.00/7.92
=21.72

* 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.

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

For example, Thunder Tiger'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)
=12.473/330.2130*330.2130
=12.473

Current CPI (Mar. 2026) = 330.2130.

Thunder Tiger Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.193 241.018 8.485
201609 5.987 241.428 8.189
201612 5.022 241.432 6.869
201703 4.732 243.801 6.409
201706 4.768 244.955 6.428
201709 5.488 246.819 7.342
201712 5.384 246.524 7.212
201803 5.272 249.554 6.976
201806 5.462 251.989 7.158
201809 5.413 252.439 7.081
201812 5.029 251.233 6.610
201903 5.041 254.202 6.548
201906 5.090 256.143 6.562
201909 4.997 256.759 6.427
201912 4.653 256.974 5.979
202003 4.799 258.115 6.139
202006 4.726 257.797 6.054
202009 4.648 260.280 5.897
202012 4.657 260.474 5.904
202103 4.672 264.877 5.824
202106 6.101 271.696 7.415
202109 6.021 274.310 7.248
202112 5.935 278.802 7.029
202203 5.964 287.504 6.850
202206 6.050 296.311 6.742
202209 6.215 296.808 6.914
202212 6.137 296.797 6.828
202303 8.281 301.836 9.060
202306 8.364 305.109 9.052
202309 8.335 307.789 8.942
202312 8.165 306.746 8.790
202403 8.431 312.332 8.914
202406 8.824 314.175 9.274
202409 8.538 315.301 8.942
202412 8.790 315.605 9.197
202503 11.805 319.799 12.189
202506 11.980 322.561 12.264
202509 12.166 324.800 12.369
202512 12.171 324.054 12.402
202603 12.473 330.213 12.473

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 21.72 mean?
Thunder Tiger (TPE:8033) has a Cyclically Adjusted PB Ratio of 21.72 as of Aug. 10, 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 Thunder Tiger and its competitors. This is 210% above median its historical median of 7.01. Over the past decade, Thunder Tiger's Cyclically Adjusted PB Ratio has ranged from 0.88 to 28.66. According to the industry distribution chart, Thunder Tiger ranks #632 out of 643 companies in the Travel & Leisure industry, placing it in the top 98.3%.
Is Thunder Tiger's Cyclically Adjusted PB Ratio too high?
Thunder Tiger's current Cyclically Adjusted PB Ratio of 21.72 is 210% above median its 10-year median of 7.01. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 28.66. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Thunder Tiger's value of 21.72 is 1695% above this industry median. Based on the distribution chart, Thunder Tiger ranks #632 out of 643 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Thunder Tiger has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thunder Tiger's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thunder Tiger ranks #632 out of 643 companies for Cyclically Adjusted PB Ratio. This places Thunder Tiger in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Thunder Tiger's value of 21.72 is 1695% above this benchmark. Historically, Thunder Tiger's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 28.66 over the past decade. While the company's 10-year median is 7.01 vs. the industry median of 1.21, Thunder Tiger 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 643 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. Thunder Tiger's current Cyclically Adjusted PB Ratio of 21.72 is 1695% 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 Thunder Tiger and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thunder Tiger's current Cyclically Adjusted PB Ratio is 21.72, which is 210% above median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thunder Tiger stock overvalued right now?
Based on GuruFocus' analysis, Thunder Tiger (TPE:8033) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$71.93, compared to a current price of NT$172.00 — trading 139.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 21.72, which is 210% above median its 10-year median of 7.01 and 1695% above the Travel & Leisure industry median of 1.21. Thunder Tiger's overall GF Score™ is 65/100 with 4 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 Thunder Tiger (TPE:8033), the current Cyclically Adjusted PB Ratio is 21.72 as of Aug. 10, 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 Thunder Tiger (TPE:8033) Overvalued in 2026?

Based on GuruFocus' analysis, Thunder Tiger stock appears to be overvalued. The current stock price of NT$172.00 is trading 139.1% above its estimated GF Value™ of NT$71.93. GuruFocus considers Thunder Tiger to be Significantly Overvalued.

Key valuation signals for TPE:8033:

  • Cyclically Adjusted PB Ratio: 21.72 (210% above median its 10-year median of 7.01)
  • GF Value™: NT$71.93 vs. price of NT$172.00 (139.1% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 1695% above the Travel & Leisure median (#632 of 643)

No single metric tells the full story. See the TPE:8033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thunder Tiger Business Description

Address No.7, 6th Road, Industry Park, Taichung, TWN, 40755
Thunder Tiger Corp is a Taiwan-based company engaged in the manufacturing and selling of remote-controlled planes, helicopters, cars, boats, engine parts, and medical devices. Its segments include the Remote-controlled models department, Oral medical department, Aluminum boats products and the Aseptic packages department. The majority of the company's revenue is generated from the Remote-controlled models department. Geographically, America is its key revenue generating market followed by Taiwan and other regions.
65GF Score

Get the complete analysis for TPE:8033

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

NT$172.00
Price
NT$71.93
GF Value