KNH Enterprise Co (TPE:9919) Cyclically Adjusted PB Ratio: 0.88 (As of Aug. 01, 2026) — 27% Below Median

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TPE:9919 KNH Enterprise Co Ltd TPE:9919
63 GF Score
Price NT$13.65
GF Value NT$16.14
Valuation Modestly Undervalued
! 5 Warning Signs
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What is KNH Enterprise Co Cyclically Adjusted PB Ratio?

KNH Enterprise Co TPE:9919 +0.37% 63 Cyclically Adjusted PB Ratio is 0.88 as of Aug. 01, 2026, which is 27% below its 10-year median of 1.20. GuruFocus rates TPE:9919 with a GF Score™ of 63/100 and a GF Value™ of NT$16.14 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,430 Consumer Packaged Goods companies, KNH Enterprise Co ranks better than 64.13% on this metric.

As of today (2026-08-01), KNH Enterprise Co's current share price is NT$13.65. KNH Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$15.49. KNH Enterprise Co's Cyclically Adjusted PB Ratio for today is 0.88.

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

TPE:9919' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.2   Max: 3.17
Current: 0.88

During the past years, KNH Enterprise Co's highest Cyclically Adjusted PB Ratio was 3.17. The lowest was 0.65. And the median was 1.20.

TPE:9919's Cyclically Adjusted PB Ratio is ranked better than
64.13% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs TPE:9919: 0.88

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.

KNH Enterprise Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$10.317. 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$15.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KNH Enterprise Co  (TPE:9919) 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.


KNH Enterprise Co Cyclically Adjusted PB Ratio Related Terms


KNH Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KNH Enterprise 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.

KNH Enterprise Co Cyclically Adjusted PB Ratio Chart

KNH Enterprise 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 1.64 1.14 1.64 1.17 1.06

KNH Enterprise 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 1.09 1.12 1.10 1.06 1.01

TPE:9919 vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, KNH Enterprise 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.


KNH Enterprise Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KNH Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:9919
63GF Score
KNH Enterprise Co Ltd TPE:9919
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KNH Enterprise 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.

KNH Enterprise Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.65/15.49
=0.88

* 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.

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

For example, KNH Enterprise 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)
=10.317/330.2130*330.2130
=10.317

Current CPI (Mar. 2026) = 330.2130.

KNH Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.862 241.018 20.362
201609 14.734 241.428 20.152
201612 12.466 241.432 17.050
201703 12.321 243.801 16.688
201706 12.323 244.955 16.612
201709 12.706 246.819 16.999
201712 12.702 246.524 17.014
201803 12.828 249.554 16.974
201806 12.385 251.989 16.230
201809 12.204 252.439 15.964
201812 12.091 251.233 15.892
201903 12.282 254.202 15.955
201906 11.952 256.143 15.408
201909 11.661 256.759 14.997
201912 11.799 256.974 15.162
202003 11.936 258.115 15.270
202006 12.823 257.797 16.425
202009 15.080 260.280 19.132
202012 15.954 260.474 20.226
202103 13.162 264.877 16.409
202106 13.486 271.696 16.391
202109 13.408 274.310 16.140
202112 13.505 278.802 15.995
202203 13.387 287.504 15.376
202206 12.884 296.311 14.358
202209 12.662 296.808 14.087
202212 12.071 296.797 13.430
202303 11.448 301.836 12.524
202306 10.152 305.109 10.987
202309 15.882 307.789 17.039
202312 15.011 306.746 16.159
202403 14.505 312.332 15.335
202406 14.210 314.175 14.935
202409 13.669 315.301 14.315
202412 13.369 315.605 13.988
202503 13.509 319.799 13.949
202506 12.426 322.561 12.721
202509 11.584 324.800 11.777
202512 10.767 324.054 10.972
202603 10.317 330.213 10.317

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 0.88 mean?
KNH Enterprise Co (TPE:9919) has a Cyclically Adjusted PB Ratio of 0.88 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 KNH Enterprise Co and its competitors. This is 27% below median its historical median of 1.20. Over the past decade, KNH Enterprise Co's Cyclically Adjusted PB Ratio has ranged from 0.65 to 3.17. According to the industry distribution chart, KNH Enterprise Co ranks #513 out of 1430 companies in the Consumer Packaged Goods industry, placing it in the top 35.9%.
Is KNH Enterprise Co's Cyclically Adjusted PB Ratio too high?
KNH Enterprise Co's current Cyclically Adjusted PB Ratio of 0.88 is 27% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 3.17. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. KNH Enterprise Co's value of 0.88 is 29.6% below this industry median. Based on the distribution chart, KNH Enterprise Co ranks #513 out of 1430 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, KNH Enterprise Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KNH Enterprise Co's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, KNH Enterprise Co ranks #513 out of 1430 companies for Cyclically Adjusted PB Ratio. This puts KNH Enterprise Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. KNH Enterprise Co's value of 0.88 is 29.6% below this benchmark. Historically, KNH Enterprise Co's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 3.17 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.25, KNH Enterprise 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,430 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. KNH Enterprise Co's current Cyclically Adjusted PB Ratio of 0.88 is 29.6% 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 KNH Enterprise Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KNH Enterprise Co's current Cyclically Adjusted PB Ratio is 0.88, which is 27% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KNH Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, KNH Enterprise Co (TPE:9919) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.14, compared to a current price of NT$13.65 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 27% below median its 10-year median of 1.20 and 29.6% below the Consumer Packaged Goods industry median of 1.25. KNH Enterprise Co's overall GF Score™ is 63/100 with 5 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 KNH Enterprise Co (TPE:9919), the current Cyclically Adjusted PB Ratio is 0.88 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 KNH Enterprise Co (TPE:9919) Overvalued in 2026?

Based on GuruFocus' analysis, KNH Enterprise Co stock appears to be undervalued. The current stock price of NT$13.65 is trading 15.4% below its estimated GF Value™ of NT$16.14. GuruFocus considers KNH Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:9919:

  • Cyclically Adjusted PB Ratio: 0.88 (27% below median its 10-year median of 1.20)
  • GF Value™: NT$16.14 vs. price of NT$13.65 (15.4% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 29.6% below the Consumer Packaged Goods median (#513 of 1430)

No single metric tells the full story. See the TPE:9919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KNH Enterprise Co Business Description

Address No. 456, Xinyi Road, 27th Floor, Section 4, Xinyi District, Taipei, TWN, 11052
KNH Enterprise Co Ltd is a Taiwan-based company that engages in the manufacturing and sale of household goods, non-woven fabric products, and machinery equipment. The company's business is segregated into sanitary products, environmental protection technology, and machinery equipment. It generates maximum revenue from the sale of Sanitary products which include maternity and child hygiene products, health care products, breathing mask and medical dressing products, and non-woven fabric products. Geographically, the company generates a majority of its revenue from Taiwan and the rest from China, Hong Kong, the United Kingdom, India, Japan, and other regions.
63GF Score

Get the complete analysis for TPE:9919

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

NT$13.65
Price
NT$16.14
GF Value