TAIFLEX Scientific Co (TPE:8039) Cyclically Adjusted PB Ratio: 4.24 (As of Aug. 02, 2026) — 226% Above Median

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TPE:8039 TAIFLEX Scientific Co Ltd TPE:8039
63 GF Score
Price NT$173.50
GF Value NT$55.65
Valuation Significantly Overvalued
! 6 Warning Signs
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What is TAIFLEX Scientific Co Cyclically Adjusted PB Ratio?

TAIFLEX Scientific Co TPE:8039 +9.81% 63 Cyclically Adjusted PB Ratio is 4.24 as of Aug. 02, 2026, which is 226% above its 10-year median of 1.30. GuruFocus rates TPE:8039 with a GF Score™ of 63/100 and a GF Value™ of NT$55.65 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,973 Hardware companies, TAIFLEX Scientific Co ranks worse than 75.37% on this metric.

As of today (2026-08-02), TAIFLEX Scientific Co's current share price is NT$173.50. TAIFLEX Scientific Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$40.92. TAIFLEX Scientific Co's Cyclically Adjusted PB Ratio for today is 4.24.

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

TPE:8039' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.3   Max: 5.87
Current: 4.24

During the past years, TAIFLEX Scientific Co's highest Cyclically Adjusted PB Ratio was 5.87. The lowest was 0.91. And the median was 1.30.

TPE:8039's Cyclically Adjusted PB Ratio is ranked worse than
75.37% of 1973 companies
in the Hardware industry
Industry Median: 2 vs TPE:8039: 4.24

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.

TAIFLEX Scientific Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$41.470. 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$40.92 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAIFLEX Scientific Co  (TPE:8039) 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.


TAIFLEX Scientific Co Cyclically Adjusted PB Ratio Related Terms


TAIFLEX Scientific Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TAIFLEX Scientific 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.

TAIFLEX Scientific Co Cyclically Adjusted PB Ratio Chart

TAIFLEX Scientific 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 1.31 1.06 1.22 1.12 2.08

TAIFLEX Scientific Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 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 1.12 1.07 1.12 1.49 2.08

TPE:8039 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, TAIFLEX Scientific 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.


TAIFLEX Scientific Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:8039
63GF Score
TAIFLEX Scientific Co Ltd TPE:8039
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAIFLEX Scientific 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.

TAIFLEX Scientific Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=173.50/40.92
=4.24

* 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.

TAIFLEX Scientific Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, TAIFLEX Scientific Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=41.47/324.0540*324.0540
=41.470

Current CPI (Dec. 2025) = 324.0540.

TAIFLEX Scientific Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 31.163 238.132 42.407
201606 29.691 241.018 39.920
201609 30.099 241.428 40.400
201612 30.587 241.432 41.054
201703 31.068 243.801 41.295
201706 30.166 244.955 39.907
201709 31.840 246.819 41.803
201712 32.635 246.524 42.898
201803 33.250 249.554 43.176
201806 31.445 251.989 40.438
201809 32.125 252.439 41.239
201812 33.201 251.233 42.824
201903 33.358 254.202 42.524
201906 32.155 256.143 40.680
201909 32.778 256.759 41.369
201912 33.127 256.974 41.774
202003 33.391 258.115 41.921
202006 31.610 257.797 39.734
202009 33.171 260.280 41.299
202012 34.104 260.474 42.429
202103 34.971 264.877 42.784
202106 35.704 271.696 42.584
202109 34.222 274.310 40.428
202112 35.501 278.802 41.263
202203 36.705 287.504 41.371
202206 34.946 296.311 38.218
202209 35.991 296.808 39.295
202212 36.153 296.797 39.473
202303 34.065 301.836 36.573
202306 34.213 305.109 36.337
202309 36.374 307.789 38.296
202312 36.516 306.746 38.576
202403 36.533 312.332 37.904
202406 43.024 314.175 44.377
202409 45.418 315.301 46.679
202412 41.756 315.605 42.874
202503 39.260 319.799 39.782
202506 38.110 322.561 38.286
202509 41.236 324.800 41.141
202512 41.470 324.054 41.470

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 4.24 mean?
TAIFLEX Scientific Co (TPE:8039) has a Cyclically Adjusted PB Ratio of 4.24 as of Aug. 02, 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 TAIFLEX Scientific Co and its competitors. This is 226% above median its historical median of 1.30. Over the past decade, TAIFLEX Scientific Co's Cyclically Adjusted PB Ratio has ranged from 0.91 to 5.87. According to the industry distribution chart, TAIFLEX Scientific Co ranks #1487 out of 1973 companies in the Hardware industry, placing it in the top 75.4%.
Is TAIFLEX Scientific Co's Cyclically Adjusted PB Ratio too high?
TAIFLEX Scientific Co's current Cyclically Adjusted PB Ratio of 4.24 is 226% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 5.87. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. TAIFLEX Scientific Co's value of 4.24 is 112% above this industry median. Based on the distribution chart, TAIFLEX Scientific Co ranks #1487 out of 1973 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TAIFLEX Scientific Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TAIFLEX Scientific Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, TAIFLEX Scientific Co ranks #1487 out of 1973 companies for Cyclically Adjusted PB Ratio. This places TAIFLEX Scientific Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. TAIFLEX Scientific Co's value of 4.24 is 112% above this benchmark. Historically, TAIFLEX Scientific Co's own Cyclically Adjusted PB Ratio has ranged from 0.91 to 5.87 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 2.00, TAIFLEX Scientific 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,973 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. TAIFLEX Scientific Co's current Cyclically Adjusted PB Ratio of 4.24 is 112% 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 TAIFLEX Scientific Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAIFLEX Scientific Co's current Cyclically Adjusted PB Ratio is 4.24, which is 226% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAIFLEX Scientific Co stock overvalued right now?
Based on GuruFocus' analysis, TAIFLEX Scientific Co (TPE:8039) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.65, compared to a current price of NT$173.50 — trading 211.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.24, which is 226% above median its 10-year median of 1.30 and 112% above the Hardware industry median of 2.00. TAIFLEX Scientific Co's overall GF Score™ is 63/100 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 TAIFLEX Scientific Co (TPE:8039), the current Cyclically Adjusted PB Ratio is 4.24 as of Aug. 02, 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 TAIFLEX Scientific Co (TPE:8039) Overvalued in 2026?

Based on GuruFocus' analysis, TAIFLEX Scientific Co stock appears to be overvalued. The current stock price of NT$173.50 is trading 211.8% above its estimated GF Value™ of NT$55.65. GuruFocus considers TAIFLEX Scientific Co to be Significantly Overvalued.

Key valuation signals for TPE:8039:

  • Cyclically Adjusted PB Ratio: 4.24 (226% above median its 10-year median of 1.30)
  • GF Value™: NT$55.65 vs. price of NT$173.50 (211.8% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 112% above the Hardware median (#1487 of 1973)

No single metric tells the full story. See the TPE:8039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAIFLEX Scientific Co Business Description

Address No. 1, Huanqu 3rd Road, Cianjhen Technology Industrial Park, Qianzhen District, Kaohsiung, TWN, 806011
TAIFLEX Scientific Co Ltd operates as a flexible materials company. Its principal products consist of flexible copper-clad laminate, coverlay, bonding sheet, stiffener, and composite film. The Company operates through two segments: the general management segment, which is responsible for the Group's operation planning and owns manufacturing, R&D, and sales functions, and the overseas segment, which owns manufacturing and sales functions. It generates the majority of its revenue from the general management segment. Geographically, the Company derives the majority of its revenue from Mainland China.
63GF Score

Get the complete analysis for TPE:8039

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

NT$173.50
Price
NT$55.65
GF Value