Hua Eng Wire & Cable Co (TPE:1608) Cyclically Adjusted Book per Share: NT$19.94 (As of Dec. 2025)


TPE:1608 Hua Eng Wire & Cable Co Ltd TPE:1608
79 GF Score
Price NT$35.40
GF Value NT$26.54
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hua Eng Wire & Cable Co Cyclically Adjusted Book per Share?

Hua Eng Wire & Cable Co TPE:1608 +1.72% 79 Cyclically Adjusted Book per Share is NT$19.94 as of Dec. 2025. GuruFocus rates TPE:1608 with a GF Score™ of 79/100 and a GF Value™ of NT$26.54 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Hua Eng Wire & Cable Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$22.580. 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$19.94 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hua Eng Wire & Cable Co's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Hua Eng Wire & Cable Co was 6.70% per year. The lowest was 3.00% per year. And the median was 4.80% per year.

As of today (2026-07-07), Hua Eng Wire & Cable Co's current stock price is NT$35.40. Hua Eng Wire & Cable Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$19.94. Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hua Eng Wire & Cable Co was 2.24. The lowest was 0.43. And the median was 1.22.


Hua Eng Wire & Cable Co  (TPE:1608) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.40/19.94
=1.78

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hua Eng Wire & Cable Co was 2.24. The lowest was 0.43. And the median was 1.22.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Hua Eng Wire & Cable Co Cyclically Adjusted Book per Share Related Terms


Hua Eng Wire & Cable Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hua Eng Wire & Cable Co's Cyclically Adjusted Book per Share 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.

Hua Eng Wire & Cable Co Cyclically Adjusted Book per Share Chart

Hua Eng Wire & Cable Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.12 18.23 18.98 19.26 19.94

Hua Eng Wire & Cable 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 Book per Share 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 19.26 19.58 19.82 19.98 19.94

TPE:1608 vs VRT, BE: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Hua Eng Wire & Cable 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.


Hua Eng Wire & Cable Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio falls into.


TPE:1608
79GF Score
Hua Eng Wire & Cable Co Ltd TPE:1608
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hua Eng Wire & Cable Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hua Eng Wire & Cable 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)
=22.58/324.0540*324.0540
=22.580

Current CPI (Dec. 2025) = 324.0540.

Hua Eng Wire & Cable Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 15.888 238.132 21.621
201606 15.879 241.018 21.350
201609 15.782 241.428 21.183
201612 16.209 241.432 21.756
201703 16.958 243.801 22.540
201706 17.250 244.955 22.820
201709 16.968 246.819 22.278
201712 17.030 246.524 22.386
201803 17.138 249.554 22.254
201806 15.655 251.989 20.132
201809 14.959 252.439 19.203
201812 14.440 251.233 18.625
201903 15.091 254.202 19.238
201906 14.898 256.143 18.848
201909 14.892 256.759 18.795
201912 16.128 256.974 20.338
202003 13.657 258.115 17.146
202006 14.360 257.797 18.051
202009 14.971 260.280 18.639
202012 16.032 260.474 19.945
202103 18.122 264.877 22.171
202106 18.387 271.696 21.930
202109 17.719 274.310 20.932
202112 18.389 278.802 21.374
202203 18.181 287.504 20.492
202206 15.623 296.311 17.086
202209 15.949 296.808 17.413
202212 16.415 296.797 17.923
202303 17.266 301.836 18.537
202306 17.164 305.109 18.230
202309 17.422 307.789 18.343
202312 18.094 306.746 19.115
202403 18.791 312.332 19.496
202406 17.823 314.175 18.383
202409 18.256 315.301 18.763
202412 18.406 315.605 18.899
202503 18.759 319.799 19.009
202506 17.926 322.561 18.009
202509 21.821 324.800 21.771
202512 22.580 324.054 22.580

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of NT$19.94 mean?
Hua Eng Wire & Cable Co (TPE:1608) has a Cyclically Adjusted Book per Share of NT$19.94 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hua Eng Wire & Cable Co and its competitors.
Is Hua Eng Wire & Cable Co's Cyclically Adjusted Book per Share too high?
Hua Eng Wire & Cable Co's current Cyclically Adjusted Book per Share is NT$19.94. Overall, Hua Eng Wire & Cable Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hua Eng Wire & Cable Co's Cyclically Adjusted Book per Share compare to VRT and BE?
Hua Eng Wire & Cable Co's Cyclically Adjusted Book per Share of NT$19.94 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hua Eng Wire & Cable Co and its competitors. Hua Eng Wire & Cable Co's current Cyclically Adjusted Book per Share is NT$19.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hua Eng Wire & Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Hua Eng Wire & Cable Co (TPE:1608) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.54, compared to a current price of NT$35.40 — trading 33.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$19.94. Hua Eng Wire & Cable Co's overall GF Score™ is 79/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Hua Eng Wire & Cable Co (TPE:1608), the current Cyclically Adjusted Book per Share is NT$19.94 as of Dec. 2025. 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 Hua Eng Wire & Cable Co (TPE:1608) Overvalued in 2026?

Based on GuruFocus' analysis, Hua Eng Wire & Cable Co stock appears to be overvalued. The current stock price of NT$35.40 is trading 33.4% above its estimated GF Value™ of NT$26.54. GuruFocus considers Hua Eng Wire & Cable Co to be Significantly Overvalued.

Key valuation signals for TPE:1608:

  • Cyclically Adjusted Book per Share: NT$19.94
  • GF Value™: NT$26.54 vs. price of NT$35.40 (33.4% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the TPE:1608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hua Eng Wire & Cable Co Business Description

Address No. 170, Chung Cheng 4th Road, Kaohsiung, TWN
Hua Eng Wire & Cable Co Ltd is engaged in the processing, manufacture, sale and construction of wire, cable and copper products. The company operates through three segments: Wire, Cable, and Copper. The Wire segment is responsible for producing oxygen-free copper wire and related products. The Cable segment, on the other hand, focuses on producing power cables, communication cables, and optical fiber cables. The company's Copper segment is engaged in producing copper plate. The company's other reportable segments are mainly involved in project contracting and material trading. The Cable segment generates the majority of the company's revenue. Geographically the company generates revenue from Taiwan, which contributes key revenue, Mainland China, and Others.
79GF Score

Get the complete analysis for TPE:1608

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

NT$35.40
Price
NT$26.54
GF Value