CHC Resources (TPE:9930) Cyclically Adjusted PB Ratio: 2.28 (As of Sep. 15, 2026) — Near Median

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TPE:9930 CHC Resources Corp TPE:9930
95 GF Score
Price NT$61.00
GF Value NT$69.64
Valuation Modestly Undervalued
! 2 Warning Signs
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What is CHC Resources Cyclically Adjusted PB Ratio?

CHC Resources TPE:9930 -0.65% 95 Cyclically Adjusted PB Ratio is 2.28 as of Sep. 15, 2026, which is 8% below its 10-year median of 2.47. GuruFocus rates TPE:9930 with a GF Score™ of 95/100 and a GF Value™ of NT$69.64 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 284 Building Materials companies, CHC Resources ranks worse than 78.87% on this metric.

As of today (2026-09-15), CHC Resources's current share price is NT$61.00. CHC Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$26.78. CHC Resources's Cyclically Adjusted PB Ratio for today is 2.28.

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

TPE:9930' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.01   Med: 2.47   Max: 3.25
Current: 2.4

During the past years, CHC Resources's highest Cyclically Adjusted PB Ratio was 3.25. The lowest was 2.01. And the median was 2.47.

TPE:9930's Cyclically Adjusted PB Ratio is ranked worse than
78.87% of 284 companies
in the Building Materials industry
Industry Median: 0.945 vs TPE:9930: 2.40

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.

CHC Resources's adjusted book value per share data for the three months ended in Jun. 2026 was NT$25.787. 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$26.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CHC Resources  (TPE:9930) 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.


CHC Resources Cyclically Adjusted PB Ratio Related Terms


CHC Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CHC Resources'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.

CHC Resources Cyclically Adjusted PB Ratio Chart

CHC Resources 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 2.07 1.95 2.34 2.63 2.66

CHC Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.94 2.76 2.72 2.65 2.48

TPE:9930 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, CHC Resources'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.


CHC Resources Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, CHC Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:9930
95GF Score
CHC Resources Corp TPE:9930
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CHC Resources 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.

CHC Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.00/26.783
=2.28

* 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.

CHC Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CHC Resources's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=25.787/333.9520*333.9520
=25.787

Current CPI (Jun. 2026) = 333.9520.

CHC Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.759 241.428 23.182
201612 17.445 241.432 24.130
201703 18.139 243.801 24.846
201706 16.036 244.955 21.862
201709 16.902 246.819 22.869
201712 17.863 246.524 24.198
201803 18.499 249.554 24.755
201806 18.296 251.989 24.247
201809 19.323 252.439 25.562
201812 20.285 251.233 26.964
201903 21.318 254.202 28.006
201906 19.997 256.143 26.072
201909 20.813 256.759 27.070
201912 21.472 256.974 27.904
202003 21.881 258.115 28.310
202006 20.736 257.797 26.862
202009 21.522 260.280 27.614
202012 22.469 260.474 28.807
202103 23.359 264.877 29.451
202106 22.911 271.696 28.161
202109 23.431 274.310 28.525
202112 24.080 278.802 28.843
202203 25.123 287.504 29.182
202206 22.944 296.311 25.859
202209 23.854 296.808 26.839
202212 24.617 296.797 27.699
202303 25.413 301.836 28.117
202306 23.819 305.109 26.071
202309 24.477 307.789 26.558
202312 25.288 306.746 27.531
202403 26.378 312.332 28.204
202406 24.476 314.175 26.017
202409 25.654 315.301 27.172
202412 26.773 315.605 28.329
202503 28.304 319.799 29.557
202506 24.930 322.561 25.810
202509 26.231 324.800 26.970
202512 27.468 324.054 28.307
202603 28.764 330.213 29.090
202606 25.787 333.952 25.787

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 2.28 mean?
CHC Resources (TPE:9930) has a Cyclically Adjusted PB Ratio of 2.28 as of Sep. 15, 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 CHC Resources and its competitors. This is near median its historical median of 2.47. Over the past decade, CHC Resources' Cyclically Adjusted PB Ratio has ranged from 2.01 to 3.25. According to the industry distribution chart, CHC Resources ranks #224 out of 284 companies in the Building Materials industry, placing it in the top 78.9%.
Is CHC Resources' Cyclically Adjusted PB Ratio too high?
CHC Resources' current Cyclically Adjusted PB Ratio of 2.28 is near median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 3.25. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.95. CHC Resources' value of 2.28 is 141.3% above this industry median. Based on the distribution chart, CHC Resources ranks #224 out of 284 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, CHC Resources has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CHC Resources' Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, CHC Resources ranks #224 out of 284 companies for Cyclically Adjusted PB Ratio. This places CHC Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. CHC Resources' value of 2.28 is 141.3% above this benchmark. Historically, CHC Resources' own Cyclically Adjusted PB Ratio has ranged from 2.01 to 3.25 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 0.95, CHC Resources 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.95, based on 284 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. CHC Resources's current Cyclically Adjusted PB Ratio of 2.28 is 141.3% 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 CHC Resources and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CHC Resources's current Cyclically Adjusted PB Ratio is 2.28, which is near median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHC Resources stock overvalued right now?
Based on GuruFocus' analysis, CHC Resources (TPE:9930) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$69.64, compared to a current price of NT$61.00 — trading 12.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.28, which is near median its 10-year median of 2.47 and 141.3% above the Building Materials industry median of 0.95. CHC Resources' overall GF Score™ is 95/100 with 2 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 CHC Resources (TPE:9930), the current Cyclically Adjusted PB Ratio is 2.28 as of Sep. 15, 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 CHC Resources (TPE:9930) Overvalued in 2026?

Based on GuruFocus' analysis, CHC Resources stock appears to be undervalued. The current stock price of NT$61.00 is trading 12.4% below its estimated GF Value™ of NT$69.64. GuruFocus considers CHC Resources to be Modestly Undervalued.

Key valuation signals for TPE:9930:

  • Cyclically Adjusted PB Ratio: 2.28 (near median its 10-year median of 2.47)
  • GF Value™: NT$69.64 vs. price of NT$61.00 (12.4% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 141.3% above the Building Materials median (#224 of 284)

No single metric tells the full story. See the TPE:9930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CHC Resources Business Description

Address No.88, Chenggong 2nd Road, 22nd Floor, Qianzhen District, Kaohsiung, TWN, 806
CHC Resources Corp is a Taiwan-based company engaged in the production, processing and sales of Ground-Granulated Blast-Furnace Slag (GGBFS), Portland Blast-Furnace Slag Cement and reutilization of resources. The company operates in three segments: Blast furnace slag cement segment, which generates key revenue, production and marketing of Blast-Furnace Slag Cement products; Resource Reutilization segment engages in industrial disposal of waste, reutilizationn of resources and remediation; and the others business segment involves Union Steel Development Corporation, Pao Good Industrial Co., Ltd, Yu Cheng Lime Corporation, CHC Resources Vietnam Co., and Mao Lian Enterprise Co., Ltd. Geographically, the company generates a majority of its revenue from Taiwan.
95GF Score

Get the complete analysis for TPE:9930

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

NT$61.00
Price
NT$69.64
GF Value