Hon Hai Precision Industry Co (TPE:2317) Cyclically Adjusted Book per Share: NT$110.38 (As of Dec. 2025)


TPE:2317 Hon Hai Precision Industry Co Ltd TPE:2317
90 GF Score
Price NT$237.50
GF Value NT$225.21
Valuation Fairly Valued
! 1 Warning Sign
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What is Hon Hai Precision Industry Co Cyclically Adjusted Book per Share?

Hon Hai Precision Industry Co TPE:2317 90 Cyclically Adjusted Book per Share is NT$110.38 as of Dec. 2025. GuruFocus rates TPE:2317 with a GF Score™ of 90/100 and a GF Value™ of NT$225.21 (Fairly Valued). 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.

Hon Hai Precision Industry Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$126.964. 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$110.38 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hon Hai Precision Industry Co's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 Hon Hai Precision Industry Co was 12.40% per year. The lowest was 6.00% per year. And the median was 10.85% per year.

As of today (2026-07-09), Hon Hai Precision Industry Co's current stock price is NT$237.50. Hon Hai Precision Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$110.38. Hon Hai Precision Industry Co's Cyclically Adjusted PB Ratio of today is 2.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hon Hai Precision Industry Co was 2.86. The lowest was 0.97. And the median was 1.43.


Hon Hai Precision Industry Co  (TPE:2317) 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.

Hon Hai Precision Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=237.50/110.38
=2.15

* 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 Hon Hai Precision Industry Co was 2.86. The lowest was 0.97. And the median was 1.43.


Be Aware

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


Hon Hai Precision Industry Co Cyclically Adjusted Book per Share Related Terms


Hon Hai Precision Industry Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hon Hai Precision Industry 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.

Hon Hai Precision Industry Co Cyclically Adjusted Book per Share Chart

Hon Hai Precision Industry 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 82.84 92.70 99.34 105.29 110.38

Hon Hai Precision Industry 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 105.29 107.30 108.64 109.97 110.38

TPE:2317 vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Hon Hai Precision Industry 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.


Hon Hai Precision Industry Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hon Hai Precision Industry Co's Cyclically Adjusted PB Ratio falls into.


TPE:2317
90GF Score
Hon Hai Precision Industry Co Ltd TPE:2317
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hon Hai Precision Industry 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, Hon Hai Precision Industry 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)
=126.964/324.0540*324.0540
=126.964

Current CPI (Dec. 2025) = 324.0540.

Hon Hai Precision Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 74.581 238.132 101.491
201606 70.796 241.018 95.187
201609 71.602 241.428 96.107
201612 77.823 241.432 104.455
201703 80.236 243.801 106.648
201706 76.484 244.955 101.182
201709 77.189 246.819 101.343
201712 78.218 246.524 102.817
201803 80.571 249.554 104.624
201806 85.739 251.989 110.259
201809 83.027 252.439 106.581
201812 87.428 251.233 112.769
201903 91.420 254.202 116.541
201906 87.763 256.143 111.032
201909 87.053 256.759 109.869
201912 89.455 256.974 112.806
202003 87.453 258.115 109.794
202006 84.379 257.797 106.065
202009 87.356 260.280 108.760
202012 93.588 260.474 116.432
202103 91.910 264.877 112.444
202106 94.024 271.696 112.143
202109 95.912 274.310 113.305
202112 99.589 278.802 115.753
202203 99.998 287.504 112.711
202206 100.333 296.311 109.727
202209 104.534 296.808 114.130
202212 104.646 296.797 114.256
202303 101.061 301.836 108.500
202306 100.473 305.109 106.712
202309 107.131 307.789 112.792
202312 107.716 306.746 113.794
202403 107.473 312.332 111.507
202406 110.119 314.175 113.582
202409 115.163 315.301 118.360
202412 118.456 315.605 121.627
202503 118.203 319.799 119.776
202506 105.138 322.561 105.625
202509 117.181 324.800 116.912
202512 126.964 324.054 126.964

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$110.38 mean?
Hon Hai Precision Industry Co (TPE:2317) has a Cyclically Adjusted Book per Share of NT$110.38 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 Hon Hai Precision Industry Co and its competitors.
Is Hon Hai Precision Industry Co's Cyclically Adjusted Book per Share too high?
Hon Hai Precision Industry Co's current Cyclically Adjusted Book per Share is NT$110.38. Overall, Hon Hai Precision Industry Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hon Hai Precision Industry Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Hon Hai Precision Industry Co's Cyclically Adjusted Book per Share of NT$110.38 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 Hon Hai Precision Industry Co and its competitors. Hon Hai Precision Industry Co's current Cyclically Adjusted Book per Share is NT$110.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hon Hai Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hon Hai Precision Industry Co (TPE:2317) is currently considered Fairly Valued. The stock's GF Value™ is NT$225.21, compared to a current price of NT$237.50 — trading 5.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$110.38. Hon Hai Precision Industry Co's overall GF Score™ is 90/100 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 Hon Hai Precision Industry Co (TPE:2317), the current Cyclically Adjusted Book per Share is NT$110.38 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 Hon Hai Precision Industry Co (TPE:2317) Overvalued in 2026?

Based on GuruFocus' analysis, Hon Hai Precision Industry Co stock appears to be overvalued. The current stock price of NT$237.50 is trading 5.5% above its estimated GF Value™ of NT$225.21. GuruFocus considers Hon Hai Precision Industry Co to be Fairly Valued.

Key valuation signals for TPE:2317:

  • Cyclically Adjusted Book per Share: NT$110.38
  • GF Value™: NT$225.21 vs. price of NT$237.50 (5.5% above fair value)
  • GF Score™: 90/100 with 1 warning sign

No single metric tells the full story. See the TPE:2317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hon Hai Precision Industry Co Business Description

Address 236 No. 2, Ziyou Street, Tucheng District, New Taipei, TWN, 236
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for around 50% of overall revenue in 2025. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones, as well as producing servers. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.
90GF Score

Get the complete analysis for TPE:2317

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

NT$237.50
Price
NT$225.21
GF Value