Compal Electronics (TPE:2324) Cyclically Adjusted Book per Share: NT$29.96 (As of Dec. 2025)


TPE:2324 Compal Electronics Inc TPE:2324
78 GF Score
Price NT$35.50
GF Value NT$29.67
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Compal Electronics Cyclically Adjusted Book per Share?

Compal Electronics TPE:2324 +0.57% 78 Cyclically Adjusted Book per Share is NT$29.96 as of Dec. 2025. GuruFocus rates TPE:2324 with a GF Score™ of 78/100 and a GF Value™ of NT$29.67 (Modestly Overvalued). The stock has 4 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.

Compal Electronics's adjusted book value per share for the three months ended in Dec. 2025 was NT$30.251. 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$29.96 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Compal Electronics's average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 Compal Electronics was 3.90% per year. The lowest was 2.40% per year. And the median was 3.20% per year.

As of today (2026-07-09), Compal Electronics's current stock price is NT$35.50. Compal Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$29.96. Compal Electronics's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Compal Electronics was 1.40. The lowest was 0.64. And the median was 0.91.


Compal Electronics  (TPE:2324) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.50/29.96
=1.18

* 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 Compal Electronics was 1.40. The lowest was 0.64. And the median was 0.91.


Be Aware

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


Compal Electronics Cyclically Adjusted Book per Share Related Terms


Compal Electronics Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Compal 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.

Compal Electronics Cyclically Adjusted Book per Share Chart

Compal 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 26.66 27.90 28.42 29.34 29.96

Compal Electronics 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 29.34 29.71 29.92 30.08 29.96

TPE:2324 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Compal 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.


Compal Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2324
78GF Score
Compal Electronics Inc TPE:2324
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Compal 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, Compal Electronics'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)
=30.251/324.0540*324.0540
=30.251

Current CPI (Dec. 2025) = 324.0540.

Compal Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201603 23.681 238.132 32.226
201606 23.121 241.018 31.087
201609 23.218 241.428 31.164
201612 24.189 241.432 32.467
201703 23.618 243.801 31.392
201706 22.646 244.955 29.959
201709 23.110 246.819 30.342
201712 23.321 246.524 30.655
201803 23.349 249.554 30.319
201806 23.094 251.989 29.699
201809 23.895 252.439 30.674
201812 24.265 251.233 31.298
201903 24.746 254.202 31.546
201906 23.970 256.143 30.325
201909 24.313 256.759 30.685
201912 24.322 256.974 30.671
202003 23.134 258.115 29.044
202006 23.300 257.797 29.288
202009 23.640 260.280 29.432
202012 24.519 260.474 30.504
202103 23.591 264.877 28.862
202106 23.845 271.696 28.440
202109 24.792 274.310 29.288
202112 25.558 278.802 29.706
202203 24.646 287.504 27.779
202206 25.454 296.311 27.837
202209 27.016 296.808 29.496
202212 26.691 296.797 29.142
202303 25.655 301.836 27.543
202306 26.509 305.109 28.155
202309 27.820 307.789 29.290
202312 27.454 306.746 29.003
202403 27.595 312.332 28.631
202406 29.063 314.175 29.977
202409 29.541 315.301 30.361
202412 32.697 315.605 33.572
202503 30.709 319.799 31.118
202506 27.876 322.561 28.005
202509 29.167 324.800 29.100
202512 30.251 324.054 30.251

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$29.96 mean?
Compal Electronics (TPE:2324) has a Cyclically Adjusted Book per Share of NT$29.96 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 Compal Electronics and its competitors.
Is Compal Electronics' Cyclically Adjusted Book per Share too high?
Compal Electronics' current Cyclically Adjusted Book per Share is NT$29.96. Overall, Compal Electronics has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compal Electronics' Cyclically Adjusted Book per Share compare to SNDK and DELL?
Compal Electronics' Cyclically Adjusted Book per Share of NT$29.96 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 Compal Electronics and its competitors. Compal Electronics's current Cyclically Adjusted Book per Share is NT$29.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compal Electronics stock overvalued right now?
Based on GuruFocus' analysis, Compal Electronics (TPE:2324) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$29.67, compared to a current price of NT$35.50 — trading 19.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$29.96. Compal Electronics' overall GF Score™ is 78/100 with 4 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 Compal Electronics (TPE:2324), the current Cyclically Adjusted Book per Share is NT$29.96 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 Compal Electronics (TPE:2324) Overvalued in 2026?

Based on GuruFocus' analysis, Compal Electronics stock appears to be overvalued. The current stock price of NT$35.50 is trading 19.6% above its estimated GF Value™ of NT$29.67. GuruFocus considers Compal Electronics to be Modestly Overvalued.

Key valuation signals for TPE:2324:

  • Cyclically Adjusted Book per Share: NT$29.96
  • GF Value™: NT$29.67 vs. price of NT$35.50 (19.6% above fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the TPE:2324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Compal Electronics Business Description

Address No. 581 and No. 581-1, Ruiguang Road, Neihu District, Taipei, TWN, 11492
Compal Electronics Inc is a Taiwan-based original design manufacturer that produces notebook computers, monitors, and televisions for equipment manufacturers. The firm's operations are organized in two reportable segment Information technology products and Strategically Integrated product segment. The majority of the firm's revenue is generated from the United States, with the rest coming from China, Netherlands, Japan, United Kingdom, India, Germany, and Others.
78GF Score

Get the complete analysis for TPE:2324

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

NT$35.50
Price
NT$29.67
GF Value