Aurora (TPE:2373) Cyclically Adjusted Book per Share: NT$38.86 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2373 Aurora Corp TPE:2373
75 GF Score
Price NT$53.20
GF Value NT$59.25
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Aurora Cyclically Adjusted Book per Share?

Aurora TPE:2373 +0.57% 75 Cyclically Adjusted Book per Share is NT$38.86 as of Jun. 2026. GuruFocus rates TPE:2373 with a GF Score™ of 75/100 and a GF Value™ of NT$59.25 (Modestly Undervalued). The stock has 5 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.

Aurora's adjusted book value per share for the three months ended in Jun. 2026 was NT$32.949. 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$38.86 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aurora's average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Aurora was 5.10% per year. The lowest was 0.10% per year. And the median was 4.50% per year.

As of today (2026-09-05), Aurora's current stock price is NT$53.20. Aurora's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$38.86. Aurora's Cyclically Adjusted PB Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aurora was 3.05. The lowest was 1.37. And the median was 2.09.


Aurora  (TPE:2373) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.20/38.86
=1.37

* 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 Aurora was 3.05. The lowest was 1.37. And the median was 2.09.


Be Aware

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


Aurora Cyclically Adjusted Book per Share Related Terms


Aurora Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Aurora'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.

Aurora Cyclically Adjusted Book per Share Chart

Aurora 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 35.96 38.20 38.67 38.79 38.37

Aurora Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 38.89 38.78 38.37 38.66 38.86

TPE:2373 vs GWW, FAST, FERG: Cyclically Adjusted Book per Share Comparison

For the Industrial Distribution subindustry, Aurora'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.


Aurora Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Aurora's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:2373
75GF Score
Aurora Corp TPE:2373
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aurora 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, Aurora's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=32.949/333.9520*333.9520
=32.949

Current CPI (Jun. 2026) = 333.9520.

Aurora Quarterly Data

Book Value per Share CPI Adj_Book
201609 31.245 241.428 43.219
201612 32.373 241.432 44.779
201703 33.875 243.801 46.401
201706 31.551 244.955 43.014
201709 30.362 246.819 41.081
201712 33.402 246.524 45.248
201803 35.574 249.554 47.605
201806 30.559 251.989 40.499
201809 31.994 252.439 42.325
201812 33.908 251.233 45.072
201903 35.748 254.202 46.963
201906 30.966 256.143 40.373
201909 31.340 256.759 40.762
201912 32.237 256.974 41.894
202003 31.834 258.115 41.187
202006 27.352 257.797 35.432
202009 30.979 260.280 39.748
202012 34.101 260.474 43.721
202103 35.289 264.877 44.492
202106 36.371 271.696 44.705
202109 31.820 274.310 38.738
202112 33.953 278.802 40.669
202203 36.587 287.504 42.498
202206 30.086 296.311 33.908
202209 32.583 296.808 36.661
202212 33.586 296.797 37.791
202303 29.845 301.836 33.021
202306 29.850 305.109 32.672
202309 32.405 307.789 35.160
202312 33.014 306.746 35.942
202403 29.997 312.332 32.073
202406 31.558 314.175 33.545
202409 33.305 315.301 35.275
202412 33.670 315.605 35.627
202503 31.343 319.799 32.730
202506 28.111 322.561 29.104
202509 30.587 324.800 31.449
202512 33.423 324.054 34.444
202603 31.328 330.213 31.683
202606 32.949 333.952 32.949

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$38.86 mean?
Aurora (TPE:2373) has a Cyclically Adjusted Book per Share of NT$38.86 as of Jun. 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 Aurora and its competitors.
Is Aurora's Cyclically Adjusted Book per Share too high?
Aurora's current Cyclically Adjusted Book per Share is NT$38.86. Overall, Aurora has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aurora's Cyclically Adjusted Book per Share compare to GWW and FAST?
Aurora's Cyclically Adjusted Book per Share of NT$38.86 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Cyclically Adjusted Book per Share depends on the Industrial Distribution 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 Aurora and its competitors. Aurora's current Cyclically Adjusted Book per Share is NT$38.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurora stock overvalued right now?
Based on GuruFocus' analysis, Aurora (TPE:2373) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$59.25, compared to a current price of NT$53.20 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$38.86. Aurora's overall GF Score™ is 75/100 with 5 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 Aurora (TPE:2373), the current Cyclically Adjusted Book per Share is NT$38.86 as of Jun. 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 Aurora (TPE:2373) Overvalued in 2026?

Based on GuruFocus' analysis, Aurora stock appears to be undervalued. The current stock price of NT$53.20 is trading 10.2% below its estimated GF Value™ of NT$59.25. GuruFocus considers Aurora to be Modestly Undervalued.

Key valuation signals for TPE:2373:

  • Cyclically Adjusted Book per Share: NT$38.86
  • GF Value™: NT$59.25 vs. price of NT$53.20 (10.2% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TPE:2373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aurora Business Description

Address No. 2, Xinyi Road, Section 5, 15 Floor, Taipei City, TWN
Aurora Corp is engaged in the sale of office automation equipment, office furniture, communication products, 3D printers, office cloud solutions, and electronics. The company majorly operates in Chinese-speaking markets, including mainland China, Taiwan, and elsewhere. Aurora has five business units in Taiwan: Aurora Office Equipment, Aurora System, Aurora Office Automation, Aurora Furniture, and Aurora Telecom. In mainland China, the company sells its own brand of office equipment, office furniture, and electronic goods. Aurora has established main centers in Aurora Jiading Park for design, engineering technology, quality inspection, office environment display center, logistics, and education.
75GF Score

Get the complete analysis for TPE:2373

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

NT$53.20
Price
NT$59.25
GF Value