Acer (TPE:2353) Cyclically Adjusted Book per Share: NT$24.76 (As of Dec. 2025)


TPE:2353 Acer Inc TPE:2353
77 GF Score
Price NT$32.00
GF Value NT$41.67
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Acer Cyclically Adjusted Book per Share?

Acer TPE:2353 -2.44% 77 Cyclically Adjusted Book per Share is NT$24.76 as of Dec. 2025. GuruFocus rates TPE:2353 with a GF Score™ of 77/100 and a GF Value™ of NT$41.67 (Modestly Undervalued). The stock has 7 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.

Acer's adjusted book value per share for the three months ended in Dec. 2025 was NT$25.148. 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$24.76 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Acer's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.60% 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 Acer was 0.80% per year. The lowest was -2.80% per year. And the median was 0.10% per year.

As of today (2026-07-07), Acer's current stock price is NT$32.00. Acer's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$24.76. Acer's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acer was 2.34. The lowest was 0.56. And the median was 1.13.


Acer  (TPE:2353) 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.

Acer's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.00/24.76
=1.29

* 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 Acer was 2.34. The lowest was 0.56. And the median was 1.13.


Be Aware

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


Acer Cyclically Adjusted Book per Share Related Terms


Acer Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Acer'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.

Acer Cyclically Adjusted Book per Share Chart

Acer 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 24.13 24.21 24.18 24.60 24.76

Acer 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 24.60 24.83 24.90 24.94 24.76

TPE:2353 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Acer'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.


Acer Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2353
77GF Score
Acer Inc TPE:2353
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acer 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, Acer'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)
=25.148/324.0540*324.0540
=25.148

Current CPI (Dec. 2025) = 324.0540.

Acer Quarterly Data

Book Value per Share CPI Adj_Book
201603 21.569 238.132 29.351
201606 21.114 241.018 28.388
201609 20.681 241.428 27.759
201612 19.058 241.432 25.580
201703 18.174 243.801 24.156
201706 18.333 244.955 24.253
201709 18.764 246.819 24.636
201712 18.941 246.524 24.898
201803 18.969 249.554 24.632
201806 18.960 251.989 24.382
201809 19.062 252.439 24.470
201812 19.242 251.233 24.819
201903 19.600 254.202 24.986
201906 19.142 256.143 24.217
201909 19.287 256.759 24.342
201912 19.101 256.974 24.087
202003 18.078 258.115 22.696
202006 18.549 257.797 23.316
202009 19.161 260.280 23.856
202012 20.090 260.474 24.994
202103 19.514 264.877 23.874
202106 19.967 271.696 23.815
202109 20.487 274.310 24.202
202112 21.218 278.802 24.662
202203 20.277 287.504 22.855
202206 20.767 296.311 22.711
202209 22.178 296.808 24.214
202212 21.974 296.797 23.992
202303 21.047 301.836 22.596
202306 23.506 305.109 24.966
202309 25.126 307.789 26.454
202312 24.857 306.746 26.260
202403 24.525 312.332 25.445
202406 24.915 314.175 25.698
202409 25.051 315.301 25.746
202412 25.556 315.605 26.240
202503 24.335 319.799 24.659
202506 22.771 322.561 22.876
202509 24.379 324.800 24.323
202512 25.148 324.054 25.148

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$24.76 mean?
Acer (TPE:2353) has a Cyclically Adjusted Book per Share of NT$24.76 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 Acer and its competitors.
Is Acer's Cyclically Adjusted Book per Share too high?
Acer's current Cyclically Adjusted Book per Share is NT$24.76. Overall, Acer has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Acer's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Acer's Cyclically Adjusted Book per Share of NT$24.76 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 Acer and its competitors. Acer's current Cyclically Adjusted Book per Share is NT$24.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer stock overvalued right now?
Based on GuruFocus' analysis, Acer (TPE:2353) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$41.67, compared to a current price of NT$32.00 — trading 23.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$24.76. Acer's overall GF Score™ is 77/100 with 7 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 Acer (TPE:2353), the current Cyclically Adjusted Book per Share is NT$24.76 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 Acer (TPE:2353) Overvalued in 2026?

Based on GuruFocus' analysis, Acer stock appears to be undervalued. The current stock price of NT$32.00 is trading 23.2% below its estimated GF Value™ of NT$41.67. GuruFocus considers Acer to be Modestly Undervalued.

Key valuation signals for TPE:2353:

  • Cyclically Adjusted Book per Share: NT$24.76
  • GF Value™: NT$41.67 vs. price of NT$32.00 (23.2% below fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the TPE:2353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acer Business Description

Address Sec. 1, Xintai 5th Road, 1st Floor, 88, Xizhi, Taipei, TWN, 221
Acer Inc is a hardware and electronics company specializing in electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It includes desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.
77GF Score

Get the complete analysis for TPE:2353

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

NT$32.00
Price
NT$41.67
GF Value