Transart Graphics Co (TPE:8481) Cyclically Adjusted PB Ratio: 1.59 (As of Jul. 26, 2026) — Near Median

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TPE:8481 Transart Graphics Co Ltd TPE:8481
77 GF Score
Price NT$40.25
GF Value NT$48.84
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Transart Graphics Co Cyclically Adjusted PB Ratio?

Transart Graphics Co TPE:8481 +0.12% 77 Cyclically Adjusted PB Ratio is 1.59 as of Jul. 26, 2026, which is 9% below its 10-year median of 1.75. GuruFocus rates TPE:8481 with a GF Score™ of 77/100 and a GF Value™ of NT$48.84 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 730 Business Services companies, Transart Graphics Co ranks worse than 50.82% on this metric.

As of today (2026-07-26), Transart Graphics Co's current share price is NT$40.25. Transart Graphics Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$25.27. Transart Graphics Co's Cyclically Adjusted PB Ratio for today is 1.59.

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

TPE:8481' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 1.75   Max: 2.13
Current: 1.59

During the past years, Transart Graphics Co's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 1.57. And the median was 1.75.

TPE:8481's Cyclically Adjusted PB Ratio is ranked worse than
50.82% of 730 companies
in the Business Services industry
Industry Median: 1.56 vs TPE:8481: 1.59

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.

Transart Graphics Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$26.176. 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$25.27 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transart Graphics Co  (TPE:8481) 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.


Transart Graphics Co Cyclically Adjusted PB Ratio Related Terms


Transart Graphics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Transart Graphics 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.

Transart Graphics Co Cyclically Adjusted PB Ratio Chart

Transart Graphics 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 2.05 1.61

Transart Graphics 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 2.05 2.01 1.89 1.72 1.61

TPE:8481 vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Transart Graphics 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.


Transart Graphics Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Transart Graphics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:8481
77GF Score
Transart Graphics Co Ltd TPE:8481
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transart Graphics 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.

Transart Graphics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.25/25.27
=1.59

* 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.

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

For example, Transart Graphics 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)
=26.176/324.0540*324.0540
=26.176

Current CPI (Dec. 2025) = 324.0540.

Transart Graphics Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.000 238.132 0.000
201606 15.145 241.018 20.363
201609 15.323 241.428 20.567
201612 16.189 241.432 21.729
201703 18.230 243.801 24.231
201706 16.933 244.955 22.401
201709 18.001 246.819 23.634
201712 18.992 246.524 24.965
201803 19.736 249.554 25.628
201806 17.533 251.989 22.547
201809 18.103 252.439 23.239
201812 19.215 251.233 24.785
201903 20.175 254.202 25.719
201906 17.797 256.143 22.516
201909 18.321 256.759 23.123
201912 19.149 256.974 24.148
202003 16.928 258.115 21.252
202006 17.261 257.797 21.697
202009 26.661 260.280 33.193
202012 28.469 260.474 35.418
202103 22.736 264.877 27.816
202106 24.836 271.696 29.622
202109 25.937 274.310 30.640
202112 26.954 278.802 31.329
202203 22.495 287.504 25.355
202206 24.065 296.311 26.318
202209 25.668 296.808 28.024
202212 25.815 296.797 28.186
202303 22.732 301.836 24.405
202306 23.138 305.109 24.575
202309 24.111 307.789 25.385
202312 23.820 306.746 25.164
202403 22.779 312.332 23.634
202406 23.704 314.175 24.449
202409 24.612 315.301 25.295
202412 25.449 315.605 26.130
202503 24.282 319.799 24.605
202506 22.836 322.561 22.942
202509 24.553 324.800 24.497
202512 26.176 324.054 26.176

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 1.59 mean?
Transart Graphics Co (TPE:8481) has a Cyclically Adjusted PB Ratio of 1.59 as of Jul. 26, 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 Transart Graphics Co and its competitors. This is near median its historical median of 1.75. Over the past decade, Transart Graphics Co's Cyclically Adjusted PB Ratio has ranged from 1.57 to 2.13. According to the industry distribution chart, Transart Graphics Co ranks #371 out of 730 companies in the Business Services industry, placing it in the top 50.8%.
Is Transart Graphics Co's Cyclically Adjusted PB Ratio too high?
Transart Graphics Co's current Cyclically Adjusted PB Ratio of 1.59 is near median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 2.13. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Transart Graphics Co's value of 1.59 is 1.9% above this industry median. Based on the distribution chart, Transart Graphics Co ranks #371 out of 730 companies in the Business Services industry, which is below the industry midpoint. Overall, Transart Graphics Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transart Graphics Co's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Transart Graphics Co ranks #371 out of 730 companies for Cyclically Adjusted PB Ratio. This places Transart Graphics Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Transart Graphics Co's value of 1.59 is 1.9% above this benchmark. Historically, Transart Graphics Co's own Cyclically Adjusted PB Ratio has ranged from 1.57 to 2.13 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.56, Transart Graphics 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 730 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. Transart Graphics Co's current Cyclically Adjusted PB Ratio of 1.59 is 1.9% 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 Transart Graphics Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transart Graphics Co's current Cyclically Adjusted PB Ratio is 1.59, which is near median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transart Graphics Co stock overvalued right now?
Based on GuruFocus' analysis, Transart Graphics Co (TPE:8481) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$48.84, compared to a current price of NT$40.25 — trading 17.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.59, which is near median its 10-year median of 1.75 and 1.9% above the Business Services industry median of 1.56. Transart Graphics Co's overall GF Score™ is 77/100 with 4 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 Transart Graphics Co (TPE:8481), the current Cyclically Adjusted PB Ratio is 1.59 as of Jul. 26, 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 Transart Graphics Co (TPE:8481) Overvalued in 2026?

Based on GuruFocus' analysis, Transart Graphics Co stock appears to be undervalued. The current stock price of NT$40.25 is trading 17.6% below its estimated GF Value™ of NT$48.84. GuruFocus considers Transart Graphics Co to be Modestly Undervalued.

Key valuation signals for TPE:8481:

  • Cyclically Adjusted PB Ratio: 1.59 (near median its 10-year median of 1.75)
  • GF Value™: NT$48.84 vs. price of NT$40.25 (17.6% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 1.9% above the Business Services median (#371 of 730)

No single metric tells the full story. See the TPE:8481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transart Graphics Co Business Description

Address The 12th Road, No. 6, Taichung Industrial Park, Xitun District, Taichung, TWN, 407
Transart Graphics Co Ltd is a screen printing industry. The company develops self-adhesive labels and transfer-type labels to provide packaging and beautification, and identification of bicycles and various industrial products. Geographically, the company generates a majority of its revenue from China and Taiwan, and the rest from the United States, Vietnam, Singapore, Germany, and other countries.
77GF Score

Get the complete analysis for TPE:8481

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

NT$40.25
Price
NT$48.84
GF Value