Bonny Worldwide (TPE:8467) Cyclically Adjusted PB Ratio: 2.46 (As of Aug. 01, 2026) — 47% Below Median

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TPE:8467 Bonny Worldwide Ltd TPE:8467
80 GF Score
Price NT$100.00
GF Value NT$176.29
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Bonny Worldwide Cyclically Adjusted PB Ratio?

Bonny Worldwide TPE:8467 +0.30% 80 Cyclically Adjusted PB Ratio is 2.46 as of Aug. 01, 2026, which is 47% below its 10-year median of 4.61. GuruFocus rates TPE:8467 with a GF Score™ of 80/100 and a GF Value™ of NT$176.29 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 643 Travel & Leisure companies, Bonny Worldwide ranks worse than 72.32% on this metric.

As of today (2026-08-01), Bonny Worldwide's current share price is NT$100.00. Bonny Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$40.70. Bonny Worldwide's Cyclically Adjusted PB Ratio for today is 2.46.

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

TPE:8467' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.26   Med: 4.61   Max: 8.64
Current: 2.46

During the past years, Bonny Worldwide's highest Cyclically Adjusted PB Ratio was 8.64. The lowest was 2.26. And the median was 4.61.

TPE:8467's Cyclically Adjusted PB Ratio is ranked worse than
72.32% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs TPE:8467: 2.46

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.

Bonny Worldwide's adjusted book value per share data for the three months ended in Mar. 2026 was NT$52.944. 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$40.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bonny Worldwide  (TPE:8467) 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.


Bonny Worldwide Cyclically Adjusted PB Ratio Related Terms


Bonny Worldwide Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bonny Worldwide'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.

Bonny Worldwide Cyclically Adjusted PB Ratio Chart

Bonny Worldwide 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 3.66 7.73 4.53

Bonny Worldwide 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 4.77 4.27 4.37 4.53 3.61

TPE:8467 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Bonny Worldwide'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.


Bonny Worldwide Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


TPE:8467
80GF Score
Bonny Worldwide Ltd TPE:8467
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonny Worldwide 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.

Bonny Worldwide's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.00/40.70
=2.46

* 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.

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

For example, Bonny Worldwide'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)
=52.944/330.2130*330.2130
=52.944

Current CPI (Mar. 2026) = 330.2130.

Bonny Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201606 28.077 241.018 38.468
201609 28.620 241.428 39.145
201612 29.142 241.432 39.858
201703 27.752 243.801 37.588
201706 27.201 244.955 36.668
201709 28.540 246.819 38.183
201712 28.868 246.524 38.668
201803 28.833 249.554 38.152
201806 27.803 251.989 36.434
201809 28.100 252.439 36.757
201812 28.824 251.233 37.885
201903 29.289 254.202 38.047
201906 27.428 256.143 35.359
201909 27.654 256.759 35.565
201912 27.976 256.974 35.949
202003 27.776 258.115 35.535
202006 26.054 257.797 33.373
202009 27.207 260.280 34.517
202012 27.397 260.474 34.732
202103 27.621 264.877 34.434
202106 27.112 271.696 32.951
202109 28.970 274.310 34.874
202112 29.165 278.802 34.543
202203 31.253 287.504 35.896
202206 31.975 296.311 35.633
202209 35.691 296.808 39.708
202212 32.523 296.797 36.185
202303 33.189 301.836 36.309
202306 33.838 305.109 36.622
202309 38.051 307.789 40.823
202312 39.729 306.746 42.768
202403 41.936 312.332 44.337
202406 46.813 314.175 49.203
202409 50.347 315.301 52.728
202412 55.630 315.605 58.205
202503 58.907 319.799 60.825
202506 51.469 322.561 52.690
202509 56.222 324.800 57.159
202512 57.067 324.054 58.152
202603 52.944 330.213 52.944

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 2.46 mean?
Bonny Worldwide (TPE:8467) has a Cyclically Adjusted PB Ratio of 2.46 as of Aug. 01, 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 Bonny Worldwide and its competitors. This is 47% below median its historical median of 4.61. Over the past decade, Bonny Worldwide's Cyclically Adjusted PB Ratio has ranged from 2.26 to 8.64. According to the industry distribution chart, Bonny Worldwide ranks #465 out of 643 companies in the Travel & Leisure industry, placing it in the top 72.3%.
Is Bonny Worldwide's Cyclically Adjusted PB Ratio too high?
Bonny Worldwide's current Cyclically Adjusted PB Ratio of 2.46 is 47% below median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 8.64. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Bonny Worldwide's value of 2.46 is 103.3% above this industry median. Based on the distribution chart, Bonny Worldwide ranks #465 out of 643 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Bonny Worldwide has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bonny Worldwide's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Bonny Worldwide ranks #465 out of 643 companies for Cyclically Adjusted PB Ratio. This places Bonny Worldwide in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Bonny Worldwide's value of 2.46 is 103.3% above this benchmark. Historically, Bonny Worldwide's own Cyclically Adjusted PB Ratio has ranged from 2.26 to 8.64 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 1.21, Bonny Worldwide 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. Bonny Worldwide's current Cyclically Adjusted PB Ratio of 2.46 is 103.3% 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 Bonny Worldwide 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. Bonny Worldwide's current Cyclically Adjusted PB Ratio is 2.46, which is 47% below median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonny Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Bonny Worldwide (TPE:8467) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$176.29, compared to a current price of NT$100.00 — trading 43.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.46, which is 47% below median its 10-year median of 4.61 and 103.3% above the Travel & Leisure industry median of 1.21. Bonny Worldwide's overall GF Score™ is 80/100 with 3 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 Bonny Worldwide (TPE:8467), the current Cyclically Adjusted PB Ratio is 2.46 as of Aug. 01, 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 Bonny Worldwide (TPE:8467) Overvalued in 2026?

Based on GuruFocus' analysis, Bonny Worldwide stock appears to be undervalued. The current stock price of NT$100.00 is trading 43.3% below its estimated GF Value™ of NT$176.29. GuruFocus considers Bonny Worldwide to be Significantly Undervalued.

Key valuation signals for TPE:8467:

  • Cyclically Adjusted PB Ratio: 2.46 (47% below median its 10-year median of 4.61)
  • GF Value™: NT$176.29 vs. price of NT$100.00 (43.3% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 103.3% above the Travel & Leisure median (#465 of 643)

No single metric tells the full story. See the TPE:8467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonny Worldwide Business Description

Address No. 15, Lane. 64, Minsheng Street, Tanzi District, Taichung, TWN, 427
Bonny Worldwide Ltd is mainly engaged in the research, development, design, manufacture and sale of carbon fiber composite products. The company derives the majority of its revenue from North America, and the rest from Mainland China, Taiwan, and other geographical regions.
80GF Score

Get the complete analysis for TPE:8467

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

NT$100.00
Price
NT$176.29
GF Value