Synnex Technology International (TPE:2347) Cyclically Adjusted Book per Share: NT$39.58 (As of Dec. 2025)


TPE:2347 Synnex Technology International Corp TPE:2347
77 GF Score
Price NT$88.50
GF Value NT$84.69
Valuation Fairly Valued
! 6 Warning Signs
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What is Synnex Technology International Cyclically Adjusted Book per Share?

Synnex Technology International TPE:2347 77 Cyclically Adjusted Book per Share is NT$39.58 as of Dec. 2025. GuruFocus rates TPE:2347 with a GF Score™ of 77/100 and a GF Value™ of NT$84.69 (Fairly Valued). The stock has 6 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.

Synnex Technology International's adjusted book value per share for the three months ended in Dec. 2025 was NT$48.078. 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$39.58 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Synnex Technology International's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Synnex Technology International was 7.80% per year. The lowest was 5.40% per year. And the median was 6.50% per year.

As of today (2026-07-11), Synnex Technology International's current stock price is NT$88.50. Synnex Technology International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$39.58. Synnex Technology International's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Synnex Technology International was 2.48. The lowest was 1.21. And the median was 1.75.


Synnex Technology International  (TPE:2347) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=88.50/39.58
=2.24

* 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 Synnex Technology International was 2.48. The lowest was 1.21. And the median was 1.75.


Be Aware

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


Synnex Technology International Cyclically Adjusted Book per Share Related Terms


Synnex Technology International Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Synnex Technology 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.

Synnex Technology International Cyclically Adjusted Book per Share Chart

Synnex Technology 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 30.96 33.72 35.66 37.66 39.58

Synnex Technology 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 37.66 38.36 38.84 39.35 39.58

TPE:2347 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Synnex Technology 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.


Synnex Technology International Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2347
77GF Score
Synnex Technology International Corp TPE:2347
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synnex Technology 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, Synnex Technology 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)
=48.078/324.0540*324.0540
=48.078

Current CPI (Dec. 2025) = 324.0540.

Synnex Technology International Quarterly Data

Book Value per Share CPI Adj_Book
201603 26.096 238.132 35.512
201606 24.897 241.018 33.475
201609 24.694 241.428 33.145
201612 25.524 241.432 34.259
201703 24.561 243.801 32.646
201706 24.878 244.955 32.911
201709 26.212 246.819 34.414
201712 27.082 246.524 35.599
201803 28.129 249.554 36.526
201806 27.403 251.989 35.240
201809 27.555 252.439 35.372
201812 28.520 251.233 36.787
201903 30.868 254.202 39.350
201906 29.496 256.143 37.316
201909 29.292 256.759 36.969
201912 29.866 256.974 37.662
202003 26.966 258.115 33.855
202006 28.293 257.797 35.565
202009 30.057 260.280 37.422
202012 32.725 260.474 40.713
202103 31.050 264.877 37.987
202106 32.551 271.696 38.824
202109 35.406 274.310 41.827
202112 38.137 278.802 44.327
202203 36.334 287.504 40.953
202206 36.152 296.311 39.537
202209 41.262 296.808 45.050
202212 43.505 296.797 47.500
202303 40.410 301.836 43.385
202306 38.475 305.109 40.864
202309 42.173 307.789 44.402
202312 43.056 306.746 45.485
202403 42.236 312.332 43.821
202406 44.041 314.175 45.426
202409 44.627 315.301 45.866
202412 46.217 315.605 47.454
202503 44.281 319.799 44.870
202506 38.420 322.561 38.598
202509 44.506 324.800 44.404
202512 48.078 324.054 48.078

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$39.58 mean?
Synnex Technology International (TPE:2347) has a Cyclically Adjusted Book per Share of NT$39.58 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 Synnex Technology International and its competitors.
Is Synnex Technology International's Cyclically Adjusted Book per Share too high?
Synnex Technology International's current Cyclically Adjusted Book per Share is NT$39.58. Overall, Synnex Technology International has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Synnex Technology International's Cyclically Adjusted Book per Share compare to SNX and ARW?
Synnex Technology International's Cyclically Adjusted Book per Share of NT$39.58 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 Synnex Technology International and its competitors. Synnex Technology International's current Cyclically Adjusted Book per Share is NT$39.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synnex Technology International stock overvalued right now?
Based on GuruFocus' analysis, Synnex Technology International (TPE:2347) is currently considered Fairly Valued. The stock's GF Value™ is NT$84.69, compared to a current price of NT$88.50 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$39.58. Synnex Technology International's overall GF Score™ is 77/100 with 6 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 Synnex Technology International (TPE:2347), the current Cyclically Adjusted Book per Share is NT$39.58 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 Synnex Technology International (TPE:2347) Overvalued in 2026?

Based on GuruFocus' analysis, Synnex Technology International stock appears to be overvalued. The current stock price of NT$88.50 is trading 4.5% above its estimated GF Value™ of NT$84.69. GuruFocus considers Synnex Technology International to be Fairly Valued.

Key valuation signals for TPE:2347:

  • Cyclically Adjusted Book per Share: NT$39.58
  • GF Value™: NT$84.69 vs. price of NT$88.50 (4.5% above fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the TPE:2347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Synnex Technology International Business Description

Address No. 205, Civic Boulevard, 27th Floor, Section 8, Taipei, TWN
Synnex Technology International Corp is a Taiwan-based company engaged in the sale of computers and related parts, communication products, consumer electronic products, electronic components, and semiconductor products. The majority of the company's revenue is generated from the distribution industry and is mainly engaged in the sale of 3C and semiconductor products. The company operates in Taiwan, Hong Kong, China, Australia, New Zealand, and Indonesia, of which China and Hong Kong are the key sources of revenue.
77GF Score

Get the complete analysis for TPE:2347

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

NT$88.50
Price
NT$84.69
GF Value