Asustek Computer (TPE:2357) Cyclically Adjusted Book per Share: NT$323.98 (As of Dec. 2025)


TPE:2357 Asustek Computer Inc TPE:2357
93 GF Score
Price NT$687.00
GF Value NT$768.84
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Asustek Computer Cyclically Adjusted Book per Share?

Asustek Computer TPE:2357 +3.62% 93 Cyclically Adjusted Book per Share is NT$323.98 as of Dec. 2025. GuruFocus rates TPE:2357 with a GF Score™ of 93/100 and a GF Value™ of NT$768.84 (Modestly Undervalued). 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.

Asustek Computer's adjusted book value per share for the three months ended in Dec. 2025 was NT$361.216. 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$323.98 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Asustek Computer's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Asustek Computer was 9.60% per year. The lowest was 5.40% per year. And the median was 7.40% per year.

As of today (2026-07-09), Asustek Computer's current stock price is NT$687.00. Asustek Computer's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$323.98. Asustek Computer's Cyclically Adjusted PB Ratio of today is 2.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asustek Computer was 2.78. The lowest was 0.81. And the median was 1.35.


Asustek Computer  (TPE:2357) 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.

Asustek Computer's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=687.00/323.98
=2.12

* 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 Asustek Computer was 2.78. The lowest was 0.81. And the median was 1.35.


Be Aware

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


Asustek Computer Cyclically Adjusted Book per Share Related Terms


Asustek Computer Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Asustek Computer'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.

Asustek Computer Cyclically Adjusted Book per Share Chart

Asustek Computer 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 250.77 276.45 293.46 310.99 323.98

Asustek Computer 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 310.99 316.71 320.21 323.41 323.98

TPE:2357 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2357
93GF Score
Asustek Computer Inc TPE:2357
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asustek Computer 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, Asustek Computer'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)
=361.216/324.0540*324.0540
=361.216

Current CPI (Dec. 2025) = 324.0540.

Asustek Computer Quarterly Data

Book Value per Share CPI Adj_Book
201603 232.360 238.132 316.199
201606 222.083 241.018 298.595
201609 238.260 241.428 319.802
201612 244.339 241.432 327.956
201703 251.539 243.801 334.339
201706 234.040 244.955 309.614
201709 235.219 246.819 308.824
201712 235.802 246.524 309.960
201803 238.512 249.554 309.716
201806 221.990 251.989 285.476
201809 228.149 252.439 292.873
201812 217.251 251.233 280.222
201903 227.812 254.202 290.412
201906 216.449 256.143 273.836
201909 225.522 256.759 284.630
201912 238.112 256.974 300.268
202003 226.007 258.115 283.744
202006 231.108 257.797 290.506
202009 247.404 260.280 308.023
202012 271.642 260.474 337.948
202103 291.867 264.877 357.074
202106 273.974 271.696 326.771
202109 291.272 274.310 344.092
202112 312.794 278.802 363.563
202203 331.012 287.504 373.093
202206 281.842 296.311 308.230
202209 291.393 296.808 318.142
202212 285.934 296.797 312.193
202303 295.024 301.836 316.741
202306 295.265 305.109 313.599
202309 313.531 307.789 330.099
202312 322.871 306.746 341.089
202403 350.156 312.332 363.298
202406 354.278 314.175 365.418
202409 358.251 315.301 368.196
202412 362.889 315.605 372.604
202503 379.595 319.799 384.646
202506 328.760 322.561 330.282
202509 346.609 324.800 345.813
202512 361.216 324.054 361.216

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$323.98 mean?
Asustek Computer (TPE:2357) has a Cyclically Adjusted Book per Share of NT$323.98 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 Asustek Computer and its competitors.
Is Asustek Computer's Cyclically Adjusted Book per Share too high?
Asustek Computer's current Cyclically Adjusted Book per Share is NT$323.98. Overall, Asustek Computer has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asustek Computer's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Asustek Computer's Cyclically Adjusted Book per Share of NT$323.98 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 Asustek Computer and its competitors. Asustek Computer's current Cyclically Adjusted Book per Share is NT$323.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asustek Computer stock overvalued right now?
Based on GuruFocus' analysis, Asustek Computer (TPE:2357) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$768.84, compared to a current price of NT$687.00 — trading 10.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$323.98. Asustek Computer's overall GF Score™ is 93/100 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 Asustek Computer (TPE:2357), the current Cyclically Adjusted Book per Share is NT$323.98 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 Asustek Computer (TPE:2357) Overvalued in 2026?

Based on GuruFocus' analysis, Asustek Computer stock appears to be undervalued. The current stock price of NT$687.00 is trading 10.6% below its estimated GF Value™ of NT$768.84. GuruFocus considers Asustek Computer to be Modestly Undervalued.

Key valuation signals for TPE:2357:

  • Cyclically Adjusted Book per Share: NT$323.98
  • GF Value™: NT$768.84 vs. price of NT$687.00 (10.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the TPE:2357 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asustek Computer Business Description

Other Exchanges ASUUY:USA
Address No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries. Its segment includes 3C Brand and Others.
93GF Score

Get the complete analysis for TPE:2357

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

NT$687.00
Price
NT$768.84
GF Value