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Globe Union Industrial (TPE:9934) Cyclically Adjusted PB Ratio : 0.58 (As of May. 25, 2025)


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What is Globe Union Industrial Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Globe Union Industrial's current share price is NT$10.95. Globe Union Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$18.91. Globe Union Industrial's Cyclically Adjusted PB Ratio for today is 0.58.

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

TPE:9934' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.78   Max: 1.07
Current: 0.58

During the past years, Globe Union Industrial's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.57. And the median was 0.78.

TPE:9934's Cyclically Adjusted PB Ratio is ranked better than
73.55% of 1240 companies
in the Construction industry
Industry Median: 1.08 vs TPE:9934: 0.58

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.

Globe Union Industrial's adjusted book value per share data for the three months ended in Mar. 2025 was NT$16.151. 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$18.91 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Union Industrial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Globe Union Industrial'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.

* Premium members only.

Globe Union Industrial Cyclically Adjusted PB Ratio Chart

Globe Union Industrial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.80 0.68 0.80 0.72

Globe Union Industrial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.90 1.00 0.92 0.72 0.67

Competitive Comparison of Globe Union Industrial's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Globe Union Industrial'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.


Globe Union Industrial's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Globe Union Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Globe Union Industrial's Cyclically Adjusted PB Ratio falls into.


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Globe Union Industrial 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.

Globe Union Industrial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.95/18.91
=0.58

* 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.

Globe Union Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Globe Union Industrial's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=16.151/134.9266*134.9266
=16.151

Current CPI (Mar. 2025) = 134.9266.

Globe Union Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201506 19.201 100.684 25.731
201509 20.541 100.392 27.607
201512 22.001 99.792 29.747
201603 19.945 100.470 26.785
201606 18.724 101.688 24.844
201609 15.681 101.861 20.771
201612 15.497 101.863 20.527
201703 14.916 102.862 19.566
201706 15.485 103.349 20.216
201709 15.932 104.136 20.643
201712 16.228 104.011 21.051
201803 17.020 105.290 21.811
201806 15.439 106.317 19.594
201809 15.605 106.507 19.769
201812 16.978 105.998 21.612
201903 17.074 107.251 21.480
201906 15.624 108.070 19.507
201909 16.063 108.329 20.007
201912 15.464 108.420 19.245
202003 14.946 108.902 18.518
202006 13.995 108.767 17.361
202009 14.459 109.815 17.765
202012 14.809 109.897 18.182
202103 15.346 111.754 18.528
202106 15.099 114.631 17.772
202109 14.471 115.734 16.871
202112 14.338 117.630 16.446
202203 14.909 121.301 16.584
202206 12.056 125.017 13.012
202209 12.957 125.227 13.961
202212 12.888 125.222 13.887
202303 13.059 127.348 13.836
202306 13.485 128.729 14.134
202309 14.523 129.860 15.090
202312 14.434 129.419 15.048
202403 15.444 131.776 15.813
202406 15.234 132.554 15.507
202409 15.396 133.029 15.616
202412 15.572 133.157 15.779
202503 16.151 134.927 16.151

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.


Globe Union Industrial  (TPE:9934) 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.


Globe Union Industrial Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Globe Union Industrial's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Globe Union Industrial Business Description

Traded in Other Exchanges
N/A
Address
No.22, Chien-Kuo Road, Tanzi District, Taichung, TWN
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. The company also manufactures fixtures and fittings, valves, and other plumbing-related products. The brands of the company include Bathrooms To Love, Gerber, RefleXion, Lenz, and Prima. The company operates through geographic segments which consist of Taiwan, China, America, and Europe, and the majority of revenue comes from the America segment.

Globe Union Industrial Headlines

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