MJ International Co (TPE:8466) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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:8466 MJ International Co Ltd TPE:8466
48 GF Score
Price NT$16.65
GF Value NT$36.03
Valuation Possible Value Trap
! 5 Warning Signs
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What is MJ International Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MJ International Co  (TPE:8466) 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.


MJ International Co Cyclically Adjusted PB Ratio Related Terms


MJ International Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MJ International 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.

MJ International Co Cyclically Adjusted PB Ratio Chart

MJ International 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 0.95 0.50

MJ International 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 0.82 0.61 0.54 0.50 0.41

TPE:8466 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, MJ International 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.


MJ International Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, MJ International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:8466
48GF Score
MJ International Co Ltd TPE:8466
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MJ International 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.

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

For example, MJ International 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)
=38.172/330.2130*330.2130
=38.172

Current CPI (Mar. 2026) = 330.2130.

MJ International Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.245 241.018 34.588
201609 26.209 241.428 35.847
201612 39.454 241.432 53.962
201703 39.052 243.801 52.893
201706 34.675 244.955 46.744
201709 36.799 246.819 49.232
201712 38.657 246.524 51.780
201803 38.944 249.554 51.531
201806 34.213 251.989 44.834
201809 34.217 252.439 44.759
201812 36.653 251.233 48.176
201903 39.136 254.202 50.838
201906 38.001 256.143 48.990
201909 38.395 256.759 49.379
201912 38.981 256.974 50.091
202003 35.218 258.115 45.055
202006 36.385 257.797 46.606
202009 38.645 260.280 49.028
202012 39.590 260.474 50.190
202103 36.862 264.877 45.955
202106 36.552 271.696 44.424
202109 36.534 274.310 43.979
202112 36.800 278.802 43.586
202203 37.952 287.504 43.590
202206 38.833 296.311 43.276
202209 40.491 296.808 45.048
202212 39.228 296.797 43.645
202303 37.213 301.836 40.712
202306 36.886 305.109 39.921
202309 38.843 307.789 41.673
202312 36.978 306.746 39.807
202403 38.123 312.332 40.306
202406 39.894 314.175 41.931
202409 42.112 315.301 44.104
202412 41.218 315.605 43.126
202503 42.190 319.799 43.564
202506 36.643 322.561 37.512
202509 37.755 324.800 38.384
202512 38.182 324.054 38.908
202603 38.172 330.213 38.172

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.

Is MJ International Co (TPE:8466) Overvalued in 2026?

Based on GuruFocus' analysis, MJ International Co stock appears to be undervalued. The current stock price of NT$16.65 is trading 53.8% below its estimated GF Value™ of NT$36.03. GuruFocus considers MJ International Co to be Possible Value Trap.

Key valuation signals for TPE:8466:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$36.03 vs. price of NT$16.65 (53.8% below fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the TPE:8466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MJ International Co Business Description

Address No.126, Danuan Road, Tucheng District, New Taipei City, TWN, 23676
MJ International Co Ltd operating activities the development and sale of plastic flooring tiles. Its product includes LVT and SPC floors Rigid core, LVT Dry Back Wood Design, LVT Dry Back Stone Design, LVT Dry Back Carpet Design, LVT Dry Back Exclusive Design. The company has single operating segment. It operates in two principal geographical areas, Mainland China and Taiwan.
48GF Score

Get the complete analysis for TPE:8466

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

NT$16.65
Price
NT$36.03
GF Value