Chien Shing Harbour Service Co (TPE:8367) Cyclically Adjusted PB Ratio: 1.20 (As of Jul. 18, 2026) — Near Median

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TPE:8367 Chien Shing Harbour Service Co Ltd TPE:8367
75 GF Score
Price NT$40.30
GF Value NT$68.39
Valuation Possible Value Trap
! 6 Warning Signs
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What is Chien Shing Harbour Service Co Cyclically Adjusted PB Ratio?

Chien Shing Harbour Service Co TPE:8367 -0.49% 75 Cyclically Adjusted PB Ratio is 1.20 as of Jul. 18, 2026, which is 8% below its 10-year median of 1.31. GuruFocus rates TPE:8367 with a GF Score™ of 75/100 and a GF Value™ of NT$68.39 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 738 Transportation companies, Chien Shing Harbour Service Co ranks better than 52.03% on this metric.

As of today (2026-07-18), Chien Shing Harbour Service Co's current share price is NT$40.30. Chien Shing Harbour Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$33.51. Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio for today is 1.20.

The historical rank and industry rank for Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:8367' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.31   Max: 1.45
Current: 1.21

During the past years, Chien Shing Harbour Service Co's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 1.19. And the median was 1.31.

TPE:8367's Cyclically Adjusted PB Ratio is ranked better than
52.03% of 738 companies
in the Transportation industry
Industry Median: 1.24 vs TPE:8367: 1.21

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.

Chien Shing Harbour Service Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$37.347. 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$33.51 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chien Shing Harbour Service Co  (TPE:8367) 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.


Chien Shing Harbour Service Co Cyclically Adjusted PB Ratio Related Terms


Chien Shing Harbour Service Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chien Shing Harbour Service 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.

Chien Shing Harbour Service Co Cyclically Adjusted PB Ratio Chart

Chien Shing Harbour Service 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 1.30

Chien Shing Harbour Service 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 0.00 0.00 1.42 1.36 1.30

Chien Shing Harbour Service Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Chien Shing Harbour Service 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.


Chien Shing Harbour Service Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio falls into.


TPE:8367
75GF Score
Chien Shing Harbour Service Co Ltd TPE:8367
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chien Shing Harbour Service 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.

Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.30/33.51
=1.20

* 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.

Chien Shing Harbour Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Chien Shing Harbour Service 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)
=37.347/324.0540*324.0540
=37.347

Current CPI (Dec. 2025) = 324.0540.

Chien Shing Harbour Service Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.165 238.638 27.383
201512 21.214 236.525 29.065
201606 21.792 241.018 29.300
201612 22.455 241.432 30.139
201703 0.000 243.801 0.000
201706 22.479 244.955 29.738
201709 0.000 246.819 0.000
201712 23.094 246.524 30.357
201803 23.440 249.554 30.438
201806 22.922 251.989 29.477
201809 22.959 252.439 29.472
201812 23.681 251.233 30.545
201903 23.818 254.202 30.363
201906 23.284 256.143 29.457
201909 23.816 256.759 30.058
201912 24.601 256.974 31.023
202003 25.120 258.115 31.537
202006 24.747 257.797 31.107
202009 25.429 260.280 31.660
202012 26.375 260.474 32.813
202103 27.311 264.877 33.413
202106 31.711 271.696 37.822
202109 31.083 274.310 36.720
202112 31.942 278.802 37.126
202203 34.546 287.504 38.938
202206 31.868 296.311 34.852
202209 33.245 296.808 36.297
202212 34.018 296.797 37.142
202303 34.978 301.836 37.553
202306 33.088 305.109 35.143
202309 33.775 307.789 35.560
202312 34.843 306.746 36.809
202403 35.505 312.332 36.838
202406 34.201 314.175 35.276
202409 35.251 315.301 36.230
202412 36.359 315.605 37.332
202503 37.362 319.799 37.859
202506 35.164 322.561 35.327
202509 36.121 324.800 36.038
202512 37.347 324.054 37.347

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 1.20 mean?
Chien Shing Harbour Service Co (TPE:8367) has a Cyclically Adjusted PB Ratio of 1.20 as of Jul. 18, 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 Chien Shing Harbour Service Co and its competitors. This is near median its historical median of 1.31. Over the past decade, Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio has ranged from 1.19 to 1.45. According to the industry distribution chart, Chien Shing Harbour Service Co ranks #354 out of 738 companies in the Transportation industry, placing it in the top 48%.
Is Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio too high?
Chien Shing Harbour Service Co's current Cyclically Adjusted PB Ratio of 1.20 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 1.45. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Chien Shing Harbour Service Co's value of 1.20 is 3.2% below this industry median. Based on the distribution chart, Chien Shing Harbour Service Co ranks #354 out of 738 companies in the Transportation industry, which is above the industry midpoint. Overall, Chien Shing Harbour Service Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chien Shing Harbour Service Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Chien Shing Harbour Service Co ranks #354 out of 738 companies for Cyclically Adjusted PB Ratio. This puts Chien Shing Harbour Service Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Chien Shing Harbour Service Co's value of 1.20 is 3.2% below this benchmark. Historically, Chien Shing Harbour Service Co's own Cyclically Adjusted PB Ratio has ranged from 1.19 to 1.45 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.24, Chien Shing Harbour Service 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.24, based on 738 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. Chien Shing Harbour Service Co's current Cyclically Adjusted PB Ratio of 1.20 is 3.2% 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 Chien Shing Harbour Service Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chien Shing Harbour Service Co's current Cyclically Adjusted PB Ratio is 1.20, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chien Shing Harbour Service Co stock overvalued right now?
Based on GuruFocus' analysis, Chien Shing Harbour Service Co (TPE:8367) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.39, compared to a current price of NT$40.30 — trading 41.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.20, which is near median its 10-year median of 1.31 and 3.2% below the Transportation industry median of 1.24. Chien Shing Harbour Service Co's overall GF Score™ is 75/100 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 Chien Shing Harbour Service Co (TPE:8367), the current Cyclically Adjusted PB Ratio is 1.20 as of Jul. 18, 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 Chien Shing Harbour Service Co (TPE:8367) Overvalued in 2026?

Based on GuruFocus' analysis, Chien Shing Harbour Service Co stock appears to be undervalued. The current stock price of NT$40.30 is trading 41.1% below its estimated GF Value™ of NT$68.39. GuruFocus considers Chien Shing Harbour Service Co to be Possible Value Trap.

Key valuation signals for TPE:8367:

  • Cyclically Adjusted PB Ratio: 1.20 (near median its 10-year median of 1.31)
  • GF Value™: NT$68.39 vs. price of NT$40.30 (41.1% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 3.2% below the Transportation median (#354 of 738)

No single metric tells the full story. See the TPE:8367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chien Shing Harbour Service Co Business Description

Address Lingang Road, No. 68, Section 3, Wuqi District, Taichung, TWN, 435
Chien Shing Harbour Service Co Ltd is a Taiwan-based shipping company. The main business activities of the company include warehousing service, operation of gas stations, sale of gasoline and diesel, operation of convenience stores, automobile cargo transportation, automobile container transport, container leasing, operation of the container terminal, customs brokerage, and vessel stevedoring service. The group has four operating segments - The warehousing segment, the Customs brokerage department, the Transportation segment and the Vessel stevedoring segment. The majority is from the vessel stevedoring segment, which is responsible for stevedoring of break bulk cargo for businesses and shipping companies locally and abroad.
75GF Score

Get the complete analysis for TPE:8367

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

NT$40.30
Price
NT$68.39
GF Value