Ace Pillar Co (TPE:8374) Cyclically Adjusted PB Ratio: 3.58 (As of Aug. 03, 2026) — 137% Above Median

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TPE:8374 Ace Pillar Co Ltd TPE:8374
85 GF Score
Price NT$74.70
GF Value NT$94.28
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Ace Pillar Co Cyclically Adjusted PB Ratio?

Ace Pillar Co TPE:8374 +5.36% 85 Cyclically Adjusted PB Ratio is 3.58 as of Aug. 03, 2026, which is 137% above its 10-year median of 1.51. GuruFocus rates TPE:8374 with a GF Score™ of 85/100 and a GF Value™ of NT$94.28 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 126 Industrial Distribution companies, Ace Pillar Co ranks worse than 78.57% on this metric.

As of today (2026-08-03), Ace Pillar Co's current share price is NT$74.70. Ace Pillar Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$20.89. Ace Pillar Co's Cyclically Adjusted PB Ratio for today is 3.58.

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

TPE:8374' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.51   Max: 7.42
Current: 3.35

During the past years, Ace Pillar Co's highest Cyclically Adjusted PB Ratio was 7.42. The lowest was 0.71. And the median was 1.51.

TPE:8374's Cyclically Adjusted PB Ratio is ranked worse than
78.57% of 126 companies
in the Industrial Distribution industry
Industry Median: 1.33 vs TPE:8374: 3.35

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.

Ace Pillar Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$18.006. 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$20.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ace Pillar Co  (TPE:8374) 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.


Ace Pillar Co Cyclically Adjusted PB Ratio Related Terms


Ace Pillar Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ace Pillar 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.

Ace Pillar Co Cyclically Adjusted PB Ratio Chart

Ace Pillar 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 1.58 1.45 1.38 6.82 3.81

Ace Pillar 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 4.37 4.68 4.73 3.81 3.14

TPE:8374 vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Ace Pillar 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.


Ace Pillar Co Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ace Pillar Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:8374
85GF Score
Ace Pillar Co Ltd TPE:8374
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ace Pillar 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.

Ace Pillar Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.70/20.89
=3.58

* 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.

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

For example, Ace Pillar 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)
=18.006/330.2130*330.2130
=18.006

Current CPI (Mar. 2026) = 330.2130.

Ace Pillar Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.183 241.018 20.802
201609 15.184 241.428 20.768
201612 15.337 241.432 20.977
201703 15.235 243.801 20.635
201706 15.885 244.955 21.414
201709 16.682 246.819 22.318
201712 17.169 246.524 22.997
201803 17.940 249.554 23.738
201806 18.016 251.989 23.609
201809 17.908 252.439 23.425
201812 17.859 251.233 23.473
201903 18.341 254.202 23.825
201906 17.689 256.143 22.804
201909 16.953 256.759 21.803
201912 17.148 256.974 22.035
202003 17.187 258.115 21.988
202006 17.013 257.797 21.792
202009 17.314 260.280 21.966
202012 17.554 260.474 22.254
202103 18.014 264.877 22.457
202106 17.727 271.696 21.545
202109 17.999 274.310 21.667
202112 18.471 278.802 21.877
202203 17.996 287.504 20.669
202206 18.300 296.311 20.394
202209 18.391 296.808 20.461
202212 18.247 296.797 20.301
202303 17.815 301.836 19.490
202306 17.673 305.109 19.127
202309 17.709 307.789 18.999
202312 17.540 306.746 18.882
202403 17.346 312.332 18.339
202406 17.450 314.175 18.341
202409 17.682 315.301 18.518
202412 18.610 315.605 19.471
202503 18.598 319.799 19.204
202506 18.110 322.561 18.540
202509 18.642 324.800 18.953
202512 17.578 324.054 17.912
202603 18.006 330.213 18.006

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 3.58 mean?
Ace Pillar Co (TPE:8374) has a Cyclically Adjusted PB Ratio of 3.58 as of Aug. 03, 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 Ace Pillar Co and its competitors. This is 137% above median its historical median of 1.51. Over the past decade, Ace Pillar Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 7.42. According to the industry distribution chart, Ace Pillar Co ranks #99 out of 126 companies in the Industrial Distribution industry, placing it in the top 78.6%.
Is Ace Pillar Co's Cyclically Adjusted PB Ratio too high?
Ace Pillar Co's current Cyclically Adjusted PB Ratio of 3.58 is 137% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 7.42. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.33. Ace Pillar Co's value of 3.58 is 169.2% above this industry median. Based on the distribution chart, Ace Pillar Co ranks #99 out of 126 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Ace Pillar Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ace Pillar Co's Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ace Pillar Co ranks #99 out of 126 companies for Cyclically Adjusted PB Ratio. This places Ace Pillar Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.33. Ace Pillar Co's value of 3.58 is 169.2% above this benchmark. Historically, Ace Pillar Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 7.42 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.33, Ace Pillar 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.33, based on 126 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. Ace Pillar Co's current Cyclically Adjusted PB Ratio of 3.58 is 169.2% 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 Ace Pillar Co and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ace Pillar Co's current Cyclically Adjusted PB Ratio is 3.58, which is 137% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Pillar Co stock overvalued right now?
Based on GuruFocus' analysis, Ace Pillar Co (TPE:8374) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$94.28, compared to a current price of NT$74.70 — trading 20.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.58, which is 137% above median its 10-year median of 1.51 and 169.2% above the Industrial Distribution industry median of 1.33. Ace Pillar Co's overall GF Score™ is 85/100 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 Ace Pillar Co (TPE:8374), the current Cyclically Adjusted PB Ratio is 3.58 as of Aug. 03, 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 Ace Pillar Co (TPE:8374) Overvalued in 2026?

Based on GuruFocus' analysis, Ace Pillar Co stock appears to be undervalued. The current stock price of NT$74.70 is trading 20.8% below its estimated GF Value™ of NT$94.28. GuruFocus considers Ace Pillar Co to be Modestly Undervalued.

Key valuation signals for TPE:8374:

  • Cyclically Adjusted PB Ratio: 3.58 (137% above median its 10-year median of 1.51)
  • GF Value™: NT$94.28 vs. price of NT$74.70 (20.8% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 169.2% above the Industrial Distribution median (#99 of 126)

No single metric tells the full story. See the TPE:8374 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ace Pillar Co Business Description

Address Zhongyuan Road, No. 558, 12th Floor, Xinzhuang District, New Taipei City, TWN
Ace Pillar Co Ltd is engaged in the tests, processing, sales, repairment, and electromechanical integration for the automatic control and industrial transmission system. Its products include automation controller and monitor system, automation drive control system, automation mechanical transmission system, pneumatic components, and inverters. Company geographically operates in Taiwan, Mainland china, Energy saving and storing, Equipments and Consumable.
85GF Score

Get the complete analysis for TPE:8374

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

NT$74.70
Price
NT$94.28
GF Value