Microtek International (TPE:2305) Cyclically Adjusted Book per Share: NT$12.70 (As of Dec. 2025)


TPE:2305 Microtek International Inc TPE:2305
67 GF Score
Price NT$36.00
GF Value NT$26.39
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Microtek International Cyclically Adjusted Book per Share?

Microtek International TPE:2305 +2.42% 67 Cyclically Adjusted Book per Share is NT$12.70 as of Dec. 2025. GuruFocus rates TPE:2305 with a GF Score™ of 67/100 and a GF Value™ of NT$26.39 (Significantly Overvalued). The stock has 5 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.

Microtek International's adjusted book value per share for the three months ended in Dec. 2025 was NT$11.287. 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$12.70 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Microtek International's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 Microtek International was 9.60% per year. The lowest was 5.10% per year. And the median was 8.15% per year.

As of today (2026-07-09), Microtek International's current stock price is NT$36.00. Microtek International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$12.70. Microtek International's Cyclically Adjusted PB Ratio of today is 2.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Microtek International was 3.32. The lowest was 0.43. And the median was 1.09.


Microtek International  (TPE:2305) 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.

Microtek International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.00/12.70
=2.83

* 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 Microtek International was 3.32. The lowest was 0.43. And the median was 1.09.


Be Aware

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


Microtek International Cyclically Adjusted Book per Share Related Terms


Microtek International Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Microtek International'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.

Microtek International Cyclically Adjusted Book per Share Chart

Microtek International 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 9.90 10.95 11.68 12.28 12.70

Microtek International 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 12.28 12.49 12.63 12.75 12.70

TPE:2305 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Microtek International'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.


Microtek International Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Microtek International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:2305
67GF Score
Microtek International Inc TPE:2305
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microtek International 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, Microtek International'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)
=11.287/324.0540*324.0540
=11.287

Current CPI (Dec. 2025) = 324.0540.

Microtek International Quarterly Data

Book Value per Share CPI Adj_Book
201603 11.862 238.132 16.142
201606 11.631 241.018 15.638
201609 11.302 241.428 15.170
201612 8.578 241.432 11.514
201703 8.172 243.801 10.862
201706 8.133 244.955 10.759
201709 11.211 246.819 14.719
201712 11.100 246.524 14.591
201803 11.113 249.554 14.431
201806 11.060 251.989 14.223
201809 10.779 252.439 13.837
201812 10.820 251.233 13.956
201903 11.032 254.202 14.063
201906 10.921 256.143 13.816
201909 10.643 256.759 13.432
201912 10.617 256.974 13.388
202003 10.496 258.115 13.177
202006 10.455 257.797 13.142
202009 10.623 260.280 13.226
202012 10.727 260.474 13.345
202103 10.699 264.877 13.089
202106 10.616 271.696 12.662
202109 10.616 274.310 12.541
202112 10.724 278.802 12.465
202203 11.039 287.504 12.442
202206 11.062 296.311 12.098
202209 11.318 296.808 12.357
202212 10.767 296.797 11.756
202303 10.749 301.836 11.540
202306 10.647 305.109 11.308
202309 10.954 307.789 11.533
202312 10.724 306.746 11.329
202403 10.909 312.332 11.318
202406 10.522 314.175 10.853
202409 11.184 315.301 11.494
202412 11.105 315.605 11.402
202503 11.317 319.799 11.468
202506 10.572 322.561 10.621
202509 10.837 324.800 10.812
202512 11.287 324.054 11.287

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$12.70 mean?
Microtek International (TPE:2305) has a Cyclically Adjusted Book per Share of NT$12.70 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 Microtek International and its competitors.
Is Microtek International's Cyclically Adjusted Book per Share too high?
Microtek International's current Cyclically Adjusted Book per Share is NT$12.70. Overall, Microtek International has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microtek International's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Microtek International's Cyclically Adjusted Book per Share of NT$12.70 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Microtek International and its competitors. Microtek International's current Cyclically Adjusted Book per Share is NT$12.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microtek International stock overvalued right now?
Based on GuruFocus' analysis, Microtek International (TPE:2305) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.39, compared to a current price of NT$36.00 — trading 36.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$12.70. Microtek International's overall GF Score™ is 67/100 with 5 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 Microtek International (TPE:2305), the current Cyclically Adjusted Book per Share is NT$12.70 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 Microtek International (TPE:2305) Overvalued in 2026?

Based on GuruFocus' analysis, Microtek International stock appears to be overvalued. The current stock price of NT$36.00 is trading 36.4% above its estimated GF Value™ of NT$26.39. GuruFocus considers Microtek International to be Significantly Overvalued.

Key valuation signals for TPE:2305:

  • Cyclically Adjusted Book per Share: NT$12.70
  • GF Value™: NT$26.39 vs. price of NT$36.00 (36.4% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the TPE:2305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microtek International Business Description

Address No.6 Industry East Road 3, Hsinchu Science Park, Hsinchu, TWN
Microtek International Inc is engaged in the design, manufacture, and sale of smart scanners, related computer information peripherals, and optical fiber engineering testing instruments. The company has two reporting departments: the image scanner division and the optoelectronics division. The image scanner division is engaged in the design, manufacture, and sale of digital video input/output hardware and software equipment, while the optoelectronics division is engaged in the research, manufacture, and sale of optical source devices, light instruments, and light source manufacturing systems. It derives revenue from the optoelectronics division. Geographically, it operates in China and Taiwan, with the majority of revenue deriving from China.
67GF Score

Get the complete analysis for TPE:2305

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

NT$36.00
Price
NT$26.39
GF Value