Century Iron And Steel Industrial Co (TPE:9958) Cyclically Adjusted PB Ratio: 2.72 (As of Aug. 31, 2026) — 56% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:9958 Century Iron And Steel Industrial Co Ltd TPE:9958
82 GF Score
Price NT$90.30
GF Value NT$235.59
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Century Iron And Steel Industrial Co Cyclically Adjusted PB Ratio?

Century Iron And Steel Industrial Co TPE:9958 -2.06% 82 Cyclically Adjusted PB Ratio is 2.72 as of Aug. 31, 2026, which is 56% below its 10-year median of 6.20. GuruFocus rates TPE:9958 with a GF Score™ of 82/100 and a GF Value™ of NT$235.59 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,104 Industrial Products companies, Century Iron And Steel Industrial Co ranks worse than 60.31% on this metric.

As of today (2026-08-31), Century Iron And Steel Industrial Co's current share price is NT$90.30. Century Iron And Steel Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$33.17. Century Iron And Steel Industrial Co's Cyclically Adjusted PB Ratio for today is 2.72.

The historical rank and industry rank for Century Iron And Steel Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:9958' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.78   Med: 6.2   Max: 14.35
Current: 2.78

During the past years, Century Iron And Steel Industrial Co's highest Cyclically Adjusted PB Ratio was 14.35. The lowest was 2.78. And the median was 6.20.

TPE:9958's Cyclically Adjusted PB Ratio is ranked worse than
60.31% of 2104 companies
in the Industrial Products industry
Industry Median: 2.15 vs TPE:9958: 2.78

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.

Century Iron And Steel Industrial Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$47.198. 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$33.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Iron And Steel Industrial Co  (TPE:9958) 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.


Century Iron And Steel Industrial Co Cyclically Adjusted PB Ratio Related Terms


Century Iron And Steel Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Century Iron And Steel Industrial 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.

Century Iron And Steel Industrial Co Cyclically Adjusted PB Ratio Chart

Century Iron And Steel Industrial 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 6.05 4.21 7.43 5.96 4.49

Century Iron And Steel Industrial Co 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 8.01 5.74 4.49 3.46 3.50

TPE:9958 vs ATI, CRS, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Century Iron And Steel Industrial 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.


Century Iron And Steel Industrial Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Century Iron And Steel Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Century Iron And Steel Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:9958
82GF Score
Century Iron And Steel Industrial Co Ltd TPE:9958
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Century Iron And Steel Industrial 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.

Century Iron And Steel Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=90.30/33.17
=2.72

* 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.

Century Iron And Steel Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Century Iron And Steel Industrial Co'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)
=47.198/333.9520*333.9520
=47.198

Current CPI (Jun. 2026) = 333.9520.

Century Iron And Steel Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.355 241.428 17.090
201612 12.325 241.432 17.048
201703 12.293 243.801 16.839
201706 12.021 244.955 16.388
201709 12.147 246.819 16.435
201712 12.217 246.524 16.550
201803 12.282 249.554 16.436
201806 12.031 251.989 15.944
201809 16.895 252.439 22.350
201812 17.733 251.233 23.572
201903 17.780 254.202 23.358
201906 17.639 256.143 22.997
201909 20.369 256.759 26.493
201912 20.993 256.974 27.282
202003 21.661 258.115 28.025
202006 22.204 257.797 28.763
202009 26.103 260.280 33.491
202012 30.763 260.474 39.441
202103 30.949 264.877 39.020
202106 32.967 271.696 40.521
202109 31.444 274.310 38.281
202112 31.164 278.802 37.329
202203 29.702 287.504 34.501
202206 29.947 296.311 33.751
202209 30.486 296.808 34.301
202212 29.626 296.797 33.335
202303 29.659 301.836 32.815
202306 31.190 305.109 34.138
202309 33.229 307.789 36.054
202312 37.185 306.746 40.483
202403 48.775 312.332 52.151
202406 48.205 314.175 51.239
202409 49.385 315.301 52.306
202412 48.901 315.605 51.744
202503 46.391 319.799 48.444
202506 42.789 322.561 44.300
202509 42.939 324.800 44.149
202512 44.525 324.054 45.885
202603 45.953 330.213 46.473
202606 47.198 333.952 47.198

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 2.72 mean?
Century Iron And Steel Industrial Co (TPE:9958) has a Cyclically Adjusted PB Ratio of 2.72 as of Aug. 31, 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 Century Iron And Steel Industrial Co and its competitors. This is 56% below median its historical median of 6.20. Over the past decade, Century Iron And Steel Industrial Co's Cyclically Adjusted PB Ratio has ranged from 2.78 to 14.35. According to the industry distribution chart, Century Iron And Steel Industrial Co ranks #1269 out of 2104 companies in the Industrial Products industry, placing it in the top 60.3%.
Is Century Iron And Steel Industrial Co's Cyclically Adjusted PB Ratio too high?
Century Iron And Steel Industrial Co's current Cyclically Adjusted PB Ratio of 2.72 is 56% below median its 10-year median of 6.20. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 14.35. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.15. Century Iron And Steel Industrial Co's value of 2.72 is 26.5% above this industry median. Based on the distribution chart, Century Iron And Steel Industrial Co ranks #1269 out of 2104 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Century Iron And Steel Industrial Co has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Century Iron And Steel Industrial Co's Cyclically Adjusted PB Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Century Iron And Steel Industrial Co ranks #1269 out of 2104 companies for Cyclically Adjusted PB Ratio. This places Century Iron And Steel Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Century Iron And Steel Industrial Co's value of 2.72 is 26.5% above this benchmark. Historically, Century Iron And Steel Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 2.78 to 14.35 over the past decade. While the company's 10-year median is 6.20 vs. the industry median of 2.15, Century Iron And Steel Industrial 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.15, based on 2,104 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. Century Iron And Steel Industrial Co's current Cyclically Adjusted PB Ratio of 2.72 is 26.5% 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 Century Iron And Steel Industrial Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Century Iron And Steel Industrial Co's current Cyclically Adjusted PB Ratio is 2.72, which is 56% below median its own 10-year median of 6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Iron And Steel Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Century Iron And Steel Industrial Co (TPE:9958) is currently considered Possible Value Trap. The stock's GF Value™ is NT$235.59, compared to a current price of NT$90.30 — trading 61.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.72, which is 56% below median its 10-year median of 6.20 and 26.5% above the Industrial Products industry median of 2.15. Century Iron And Steel Industrial Co's overall GF Score™ is 82/100 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 Century Iron And Steel Industrial Co (TPE:9958), the current Cyclically Adjusted PB Ratio is 2.72 as of Aug. 31, 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 Century Iron And Steel Industrial Co (TPE:9958) Overvalued in 2026?

Based on GuruFocus' analysis, Century Iron And Steel Industrial Co stock appears to be undervalued. The current stock price of NT$90.30 is trading 61.7% below its estimated GF Value™ of NT$235.59. GuruFocus considers Century Iron And Steel Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:9958:

  • Cyclically Adjusted PB Ratio: 2.72 (56% below median its 10-year median of 6.20)
  • GF Value™: NT$235.59 vs. price of NT$90.30 (61.7% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 26.5% above the Industrial Products median (#1269 of 2104)

No single metric tells the full story. See the TPE:9958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Century Iron And Steel Industrial Co Business Description

Address No.1119, Section1, Zhongshan Road, Guanyin District, Taoyuan City, TWN, 328
Century Iron and Steel Industrial Co Ltd operates in the Steel industry. The company is engaged in the processing, manufacturing, and trading of steel frame & iron bone and its related installation services. It also manufactures steel structures for buildings and bridges. The majority of its revenue comes from Construction materials. The company generates maximum revenue from Taiwan.
82GF Score

Get the complete analysis for TPE:9958

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

NT$90.30
Price
NT$235.59
GF Value