Delta Electronics (TPE:2308) Cyclically Adjusted Book per Share: NT$74.62 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2308 Delta Electronics Inc TPE:2308
76 GF Score
Price NT$1,785.00
GF Value NT$653.75
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Delta Electronics Cyclically Adjusted Book per Share?

Delta Electronics TPE:2308 -5.05% 76 Cyclically Adjusted Book per Share is NT$74.62 as of Mar. 2026. GuruFocus rates TPE:2308 with a GF Score™ of 76/100 and a GF Value™ of NT$653.75 (Significantly Overvalued). The stock has 1 warning sign 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.

Delta Electronics's adjusted book value per share for the three months ended in Mar. 2026 was NT$115.318. 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$74.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Delta Electronics's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Delta Electronics was 10.30% per year. The lowest was 7.70% per year. And the median was 8.80% per year.

As of today (2026-07-24), Delta Electronics's current stock price is NT$1785.00. Delta Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$74.62. Delta Electronics's Cyclically Adjusted PB Ratio of today is 23.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Delta Electronics was 32.77. The lowest was 2.65. And the median was 5.18.


Delta Electronics  (TPE:2308) 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.

Delta Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1785.00/74.62
=23.92

* 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 Delta Electronics was 32.77. The lowest was 2.65. And the median was 5.18.


Be Aware

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


Delta Electronics Cyclically Adjusted Book per Share Related Terms


Delta Electronics Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Delta Electronics'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.

Delta Electronics Cyclically Adjusted Book per Share Chart

Delta Electronics 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 51.30 57.12 61.74 66.65 72.05

Delta Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 68.43 69.81 71.27 72.05 74.62

TPE:2308 vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Delta Electronics'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.


Delta Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2308
76GF Score
Delta Electronics Inc TPE:2308
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Electronics 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, Delta Electronics's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=115.318/330.2130*330.2130
=115.318

Current CPI (Mar. 2026) = 330.2130.

Delta Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 44.606 241.018 61.114
201609 45.488 241.428 62.216
201612 47.781 241.432 65.351
201703 47.273 243.801 64.028
201706 44.252 244.955 59.654
201709 46.574 246.819 62.310
201712 47.952 246.524 64.231
201803 48.668 249.554 64.398
201806 45.485 251.989 59.605
201809 47.539 252.439 62.185
201812 50.152 251.233 65.918
201903 51.942 254.202 67.474
201906 51.973 256.143 67.002
201909 53.141 256.759 68.344
201912 53.957 256.974 69.335
202003 53.787 258.115 68.811
202006 51.221 257.797 65.609
202009 54.100 260.280 68.636
202012 56.168 260.474 71.206
202103 59.211 264.877 73.816
202106 55.421 271.696 67.357
202109 57.327 274.310 69.010
202112 59.590 278.802 70.578
202203 64.140 287.504 73.668
202206 62.617 296.311 69.781
202209 70.059 296.808 77.944
202212 71.910 296.797 80.006
202303 74.407 301.836 81.402
202306 68.220 305.109 73.833
202309 76.027 307.789 81.566
202312 76.674 306.746 82.540
202403 81.272 312.332 85.925
202406 79.508 314.175 83.567
202409 84.151 315.301 88.131
202412 88.579 315.605 92.679
202503 94.308 319.799 97.379
202506 81.692 322.561 83.630
202509 92.680 324.800 94.225
202512 103.197 324.054 105.158
202603 115.318 330.213 115.318

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$74.62 mean?
Delta Electronics (TPE:2308) has a Cyclically Adjusted Book per Share of NT$74.62 as of Mar. 2026. 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 Delta Electronics and its competitors.
Is Delta Electronics' Cyclically Adjusted Book per Share too high?
Delta Electronics' current Cyclically Adjusted Book per Share is NT$74.62. Overall, Delta Electronics has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Electronics' Cyclically Adjusted Book per Share compare to APH and GLW?
Delta Electronics' Cyclically Adjusted Book per Share of NT$74.62 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 Delta Electronics and its competitors. Delta Electronics's current Cyclically Adjusted Book per Share is NT$74.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Electronics stock overvalued right now?
Based on GuruFocus' analysis, Delta Electronics (TPE:2308) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$653.75, compared to a current price of NT$1,785.00 — trading 173% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$74.62. Delta Electronics' overall GF Score™ is 76/100 with 1 warning sign 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 Delta Electronics (TPE:2308), the current Cyclically Adjusted Book per Share is NT$74.62 as of Mar. 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 Delta Electronics (TPE:2308) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Electronics stock appears to be overvalued. The current stock price of NT$1,785.00 is trading 173% above its estimated GF Value™ of NT$653.75. GuruFocus considers Delta Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2308:

  • Cyclically Adjusted Book per Share: NT$74.62
  • GF Value™: NT$653.75 vs. price of NT$1,785.00 (173% above fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the TPE:2308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delta Electronics Business Description

Address No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 114501
Founded in 1971 and headquartered in Taiwan, Delta Electronics is a global leader in power and thermal solutions. The company offers a wide range of products, with end applications spanning consumer electronics, data centers, industrial equipment, electric vehicles, and renewable energy systems. Delta operates across four business segments: power electronics, mobility, automation, and infrastructure.
76GF Score

Get the complete analysis for TPE:2308

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

NT$1,785.00
Price
NT$653.75
GF Value