Chroma Ate (TPE:2360) Cyclically Adjusted Book per Share: NT$49.30 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2360 Chroma Ate Inc TPE:2360
75 GF Score
Price NT$2,030.00
GF Value NT$683.48
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Chroma Ate Cyclically Adjusted Book per Share?

Chroma Ate TPE:2360 +2.78% 75 Cyclically Adjusted Book per Share is NT$49.30 as of Mar. 2026. GuruFocus rates TPE:2360 with a GF Score™ of 75/100 and a GF Value™ of NT$683.48 (Significantly Overvalued). The stock has 2 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.

Chroma Ate's adjusted book value per share for the three months ended in Mar. 2026 was NT$65.474. 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$49.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chroma Ate's average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Chroma Ate was 11.50% per year. The lowest was 8.50% per year. And the median was 9.90% per year.

As of today (2026-08-07), Chroma Ate's current stock price is NT$2030.00. Chroma Ate's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$49.30. Chroma Ate's Cyclically Adjusted PB Ratio of today is 41.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chroma Ate was 52.03. The lowest was 3.78. And the median was 5.87.


Chroma Ate  (TPE:2360) 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.

Chroma Ate's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2030.00/49.30
=41.18

* 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 Chroma Ate was 52.03. The lowest was 3.78. And the median was 5.87.


Be Aware

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


Chroma Ate Cyclically Adjusted Book per Share Related Terms


Chroma Ate Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chroma Ate'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.

Chroma Ate Cyclically Adjusted Book per Share Chart

Chroma Ate 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 32.65 36.74 39.98 43.36 47.65

Chroma Ate Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 44.49 45.52 46.73 47.65 49.30

TPE:2360 vs COHR, KEYS, GRMN: Cyclically Adjusted Book per Share Comparison

For the Scientific & Technical Instruments subindustry, Chroma Ate'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.


Chroma Ate Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2360
75GF Score
Chroma Ate Inc TPE:2360
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chroma Ate 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, Chroma Ate's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=65.474/330.2130*330.2130
=65.474

Current CPI (Mar. 2026) = 330.2130.

Chroma Ate Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.568 241.018 33.660
201609 26.414 241.428 36.128
201612 27.364 241.432 37.426
201703 30.274 243.801 41.004
201706 27.673 244.955 37.305
201709 29.904 246.819 40.008
201712 32.272 246.524 43.228
201803 34.006 249.554 44.997
201806 32.465 251.989 42.543
201809 33.929 252.439 44.382
201812 34.734 251.233 45.653
201903 35.807 254.202 46.514
201906 32.812 256.143 42.300
201909 33.712 256.759 43.356
201912 34.714 256.974 44.608
202003 32.760 258.115 41.911
202006 34.250 257.797 43.871
202009 35.772 260.280 45.383
202012 38.292 260.474 48.544
202103 39.503 264.877 49.247
202106 40.811 271.696 49.601
202109 42.319 274.310 50.943
202112 44.073 278.802 52.200
202203 39.831 287.504 45.748
202206 44.315 296.311 49.385
202209 48.652 296.808 54.128
202212 50.410 296.797 56.086
202303 44.605 301.836 48.799
202306 47.043 305.109 50.914
202309 50.652 307.789 54.342
202312 51.818 306.746 55.782
202403 48.094 312.332 50.847
202406 51.315 314.175 53.935
202409 54.875 315.301 57.470
202412 58.718 315.605 61.436
202503 55.591 319.799 57.401
202506 56.579 322.561 57.921
202509 69.593 324.800 70.753
202512 75.300 324.054 76.731
202603 65.474 330.213 65.474

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$49.30 mean?
Chroma Ate (TPE:2360) has a Cyclically Adjusted Book per Share of NT$49.30 as of Mar. 2026. 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 Chroma Ate and its competitors.
Is Chroma Ate's Cyclically Adjusted Book per Share too high?
Chroma Ate's current Cyclically Adjusted Book per Share is NT$49.30. Overall, Chroma Ate has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chroma Ate's Cyclically Adjusted Book per Share compare to COHR and KEYS?
Chroma Ate's Cyclically Adjusted Book per Share of NT$49.30 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 Chroma Ate and its competitors. Chroma Ate's current Cyclically Adjusted Book per Share is NT$49.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chroma Ate stock overvalued right now?
Based on GuruFocus' analysis, Chroma Ate (TPE:2360) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$683.48, compared to a current price of NT$2,030.00 — trading 197% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$49.30. Chroma Ate's overall GF Score™ is 75/100 with 2 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 Chroma Ate (TPE:2360), the current Cyclically Adjusted Book per Share is NT$49.30 as of Mar. 2026. 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 Chroma Ate (TPE:2360) Overvalued in 2026?

Based on GuruFocus' analysis, Chroma Ate stock appears to be overvalued. The current stock price of NT$2,030.00 is trading 197% above its estimated GF Value™ of NT$683.48. GuruFocus considers Chroma Ate to be Significantly Overvalued.

Key valuation signals for TPE:2360:

  • Cyclically Adjusted Book per Share: NT$49.30
  • GF Value™: NT$683.48 vs. price of NT$2,030.00 (197% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TPE:2360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chroma Ate Business Description

Address No. 88, Wenmao Road, Guishan District, Taoyuan, TWN
Chroma Ate Inc manufactures and sells automated testing systems, electronic testing instruments, signal generators, and power supplies. The reportable segments of the company are the Test Instrument Department, the Automatic Equipment Department, and Others. The company generates maximum revenue from the Test Instrument Department segment. The Corporation designs, assembles, calibrates, manufactures, sells, repairs, and maintains software/hardware for computers and peripherals, computerized automatic test systems, electronic test instruments, signal generators, power supplies, telecom power supplies, and others.
75GF Score

Get the complete analysis for TPE:2360

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

NT$2,030.00
Price
NT$683.48
GF Value