Inventec (TPE:2356) Cyclically Adjusted Book per Share: NT$19.04 (As of Dec. 2025)


TPE:2356 Inventec Corp TPE:2356
82 GF Score
Price NT$66.20
GF Value NT$61.86
Valuation Fairly Valued
! 3 Warning Signs
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What is Inventec Cyclically Adjusted Book per Share?

Inventec TPE:2356 +1.22% 82 Cyclically Adjusted Book per Share is NT$19.04 as of Dec. 2025. GuruFocus rates TPE:2356 with a GF Score™ of 82/100 and a GF Value™ of NT$61.86 (Fairly Valued). The stock has 3 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.

Inventec's adjusted book value per share for the three months ended in Dec. 2025 was NT$21.234. 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$19.04 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Inventec's average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 Inventec was 4.60% per year. The lowest was 1.70% per year. And the median was 3.40% per year.

As of today (2026-07-09), Inventec's current stock price is NT$66.20. Inventec's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$19.04. Inventec's Cyclically Adjusted PB Ratio of today is 3.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Inventec was 4.03. The lowest was 1.24. And the median was 1.58.


Inventec  (TPE:2356) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.20/19.04
=3.48

* 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 Inventec was 4.03. The lowest was 1.24. And the median was 1.58.


Be Aware

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


Inventec Cyclically Adjusted Book per Share Related Terms


Inventec Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Inventec'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.

Inventec Cyclically Adjusted Book per Share Chart

Inventec 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 17.16 18.11 18.43 18.72 19.04

Inventec 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 18.72 18.89 19.00 19.09 19.04

TPE:2356 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Inventec'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.


Inventec Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2356
82GF Score
Inventec Corp TPE:2356
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inventec 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, Inventec'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)
=21.234/324.0540*324.0540
=21.234

Current CPI (Dec. 2025) = 324.0540.

Inventec Quarterly Data

Book Value per Share CPI Adj_Book
201603 15.992 238.132 21.762
201606 14.792 241.018 19.888
201609 14.860 241.428 19.946
201612 15.273 241.432 20.500
201703 15.126 243.801 20.105
201706 14.391 244.955 19.038
201709 15.167 246.819 19.913
201712 15.521 246.524 20.402
201803 15.875 249.554 20.614
201806 14.865 251.989 19.116
201809 14.997 252.439 19.252
201812 15.433 251.233 19.906
201903 16.157 254.202 20.597
201906 14.966 256.143 18.934
201909 15.183 256.759 19.162
201912 15.407 256.974 19.429
202003 14.961 258.115 18.783
202006 15.425 257.797 19.389
202009 16.042 260.280 19.973
202012 16.163 260.474 20.108
202103 14.652 264.877 17.925
202106 14.701 271.696 17.534
202109 15.353 274.310 18.137
202112 15.912 278.802 18.495
202203 15.258 287.504 17.198
202206 15.640 296.311 17.104
202209 16.441 296.808 17.950
202212 16.601 296.797 18.126
202303 15.490 301.836 16.630
202306 15.915 305.109 16.903
202309 16.906 307.789 17.799
202312 17.037 306.746 17.998
202403 16.695 312.332 17.322
202406 17.151 314.175 17.690
202409 18.738 315.301 19.258
202412 19.880 315.605 20.412
202503 19.233 319.799 19.489
202506 17.959 322.561 18.042
202509 19.590 324.800 19.545
202512 21.234 324.054 21.234

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$19.04 mean?
Inventec (TPE:2356) has a Cyclically Adjusted Book per Share of NT$19.04 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 Inventec and its competitors.
Is Inventec's Cyclically Adjusted Book per Share too high?
Inventec's current Cyclically Adjusted Book per Share is NT$19.04. Overall, Inventec has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inventec's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Inventec's Cyclically Adjusted Book per Share of NT$19.04 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 Inventec and its competitors. Inventec's current Cyclically Adjusted Book per Share is NT$19.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inventec stock overvalued right now?
Based on GuruFocus' analysis, Inventec (TPE:2356) is currently considered Fairly Valued. The stock's GF Value™ is NT$61.86, compared to a current price of NT$66.20 — trading 7% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$19.04. Inventec's overall GF Score™ is 82/100 with 3 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 Inventec (TPE:2356), the current Cyclically Adjusted Book per Share is NT$19.04 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 Inventec (TPE:2356) Overvalued in 2026?

Based on GuruFocus' analysis, Inventec stock appears to be overvalued. The current stock price of NT$66.20 is trading 7% above its estimated GF Value™ of NT$61.86. GuruFocus considers Inventec to be Fairly Valued.

Key valuation signals for TPE:2356:

  • Cyclically Adjusted Book per Share: NT$19.04
  • GF Value™: NT$61.86 vs. price of NT$66.20 (7% above fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TPE:2356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inventec Business Description

Address No. 66, Hougang Street, Shinlin District, Taipei, TWN, 111059
Inventec Corp is a Taiwan-based original design manufacturer of electronic products for use in consumer, commercial, and industrial applications. It has two reportable segments: the core department and other departments. The company generates maximum revenue from the Core department segment, which manufactures and sells computer products. The other department segment develops and manufactures emerging environmental energy. Its products include notebook PCs, tablet PCs, desktop computers, computer peripherals, personal digital products, multimedia audio products, servers, switches, and data storage equipment. Geographically, the company generates maximum revenue from the United States of America, followed by Taiwan, Hong Kong, Macao and Mainland China, Japan, and other countries.
82GF Score

Get the complete analysis for TPE:2356

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

NT$66.20
Price
NT$61.86
GF Value