Johnson Health Tech Co (TPE:1736) Cyclically Adjusted Book per Share: NT$35.21 (As of Dec. 2025)


TPE:1736 Johnson Health Tech Co Ltd TPE:1736
84 GF Score
Price NT$132.00
GF Value NT$156.41
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Johnson Health Tech Co Cyclically Adjusted Book per Share?

Johnson Health Tech Co TPE:1736 +2.33% 84 Cyclically Adjusted Book per Share is NT$35.21 as of Dec. 2025. GuruFocus rates TPE:1736 with a GF Score™ of 84/100 and a GF Value™ of NT$156.41 (Modestly Undervalued). The stock has 3 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.

Johnson Health Tech Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$45.253. 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$35.21 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Johnson Health Tech Co's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Johnson Health Tech Co was 7.70% per year. The lowest was 3.70% per year. And the median was 6.50% per year.

As of today (2026-07-09), Johnson Health Tech Co's current stock price is NT$132.00. Johnson Health Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$35.21. Johnson Health Tech Co's Cyclically Adjusted PB Ratio of today is 3.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Johnson Health Tech Co was 6.23. The lowest was 1.41. And the median was 2.70.


Johnson Health Tech Co  (TPE:1736) 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.

Johnson Health Tech Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=132.00/35.21
=3.75

* 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 Johnson Health Tech Co was 6.23. The lowest was 1.41. And the median was 2.70.


Be Aware

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


Johnson Health Tech Co Cyclically Adjusted Book per Share Related Terms


Johnson Health Tech Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Johnson Health Tech 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.

Johnson Health Tech Co Cyclically Adjusted Book per Share Chart

Johnson Health Tech 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 29.09 31.54 33.02 34.13 35.21

Johnson Health Tech 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 34.13 34.69 34.96 35.16 35.21

TPE:1736 vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Johnson Health Tech 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.


Johnson Health Tech Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Health Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Johnson Health Tech Co's Cyclically Adjusted PB Ratio falls into.


TPE:1736
84GF Score
Johnson Health Tech Co Ltd TPE:1736
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Johnson Health Tech 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, Johnson Health Tech 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)
=45.253/324.0540*324.0540
=45.253

Current CPI (Dec. 2025) = 324.0540.

Johnson Health Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 28.944 238.132 39.387
201606 27.533 241.018 37.019
201609 27.004 241.428 36.246
201612 28.375 241.432 38.085
201703 26.398 243.801 35.088
201706 25.455 244.955 33.675
201709 26.155 246.819 34.339
201712 26.928 246.524 35.397
201803 26.684 249.554 34.650
201806 25.905 251.989 33.313
201809 25.945 252.439 33.305
201812 27.794 251.233 35.850
201903 28.202 254.202 35.952
201906 28.296 256.143 35.798
201909 28.416 256.759 35.864
201912 30.130 256.974 37.995
202003 28.782 258.115 36.135
202006 26.890 257.797 33.801
202009 28.769 260.280 35.818
202012 30.886 260.474 38.425
202103 30.412 264.877 37.206
202106 28.885 271.696 34.451
202109 26.820 274.310 31.684
202112 28.024 278.802 32.573
202203 29.188 287.504 32.899
202206 26.761 296.311 29.267
202209 27.870 296.808 30.428
202212 31.279 296.797 34.152
202303 29.156 301.836 31.302
202306 29.408 305.109 31.234
202309 31.280 307.789 32.933
202312 31.832 306.746 33.628
202403 31.093 312.332 32.260
202406 32.032 314.175 33.039
202409 34.121 315.301 35.068
202412 39.688 315.605 40.750
202503 42.257 319.799 42.819
202506 34.019 322.561 34.176
202509 37.296 324.800 37.210
202512 45.253 324.054 45.253

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$35.21 mean?
Johnson Health Tech Co (TPE:1736) has a Cyclically Adjusted Book per Share of NT$35.21 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 Johnson Health Tech Co and its competitors.
Is Johnson Health Tech Co's Cyclically Adjusted Book per Share too high?
Johnson Health Tech Co's current Cyclically Adjusted Book per Share is NT$35.21. Overall, Johnson Health Tech Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Health Tech Co's Cyclically Adjusted Book per Share compare to AS and HAS?
Johnson Health Tech Co's Cyclically Adjusted Book per Share of NT$35.21 can be compared against companies in the Travel & Leisure 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 a Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Johnson Health Tech Co and its competitors. Johnson Health Tech Co's current Cyclically Adjusted Book per Share is NT$35.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Health Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Johnson Health Tech Co (TPE:1736) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$156.41, compared to a current price of NT$132.00 — trading 15.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$35.21. Johnson Health Tech Co's overall GF Score™ is 84/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Johnson Health Tech Co (TPE:1736), the current Cyclically Adjusted Book per Share is NT$35.21 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 Johnson Health Tech Co (TPE:1736) Overvalued in 2026?

Based on GuruFocus' analysis, Johnson Health Tech Co stock appears to be undervalued. The current stock price of NT$132.00 is trading 15.6% below its estimated GF Value™ of NT$156.41. GuruFocus considers Johnson Health Tech Co to be Modestly Undervalued.

Key valuation signals for TPE:1736:

  • Cyclically Adjusted Book per Share: NT$35.21
  • GF Value™: NT$156.41 vs. price of NT$132.00 (15.6% below fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the TPE:1736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Johnson Health Tech Co Business Description

Address No. 999, Dongda Road, Section 2, Daya District, Taichung, TWN, 428314
Johnson Health Tech Co Ltd is engaged in the manufacturing and selling of sports equipment, cardio equipment, weight training equipment, and related electronic components. It operates in a single industry segment with four strategic segments: American segment: In charge of selling cardiovascular equipment and research and development of training equipment in America; European segment: In charge of selling cardiovascular equipment in Europe; Asian segment: In charge of manufacturing and selling Fuji massage chairs, cardiovascular equipment and weight training equipment in Asia, and franchising the import and export of the above-mentioned products; and Others: In charge of selling cardiovascular machinery in other areas. Geographically, it operates in the Americas, Europe, Asia, and Other.
84GF Score

Get the complete analysis for TPE:1736

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

NT$132.00
Price
NT$156.41
GF Value