Kaimei Electronic (TPE:2375) Cyclically Adjusted Book per Share: NT$79.93 (As of Dec. 2025)

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TPE:2375 Kaimei Electronic Corp TPE:2375
60 GF Score
Price NT$172.00
GF Value NT$74.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kaimei Electronic Cyclically Adjusted Book per Share?

Kaimei Electronic TPE:2375 -7.03% 60 Cyclically Adjusted Book per Share is NT$79.93 as of Dec. 2025. GuruFocus rates TPE:2375 with a GF Score™ of 60/100 and a GF Value™ of NT$74.58 (Significantly Overvalued). The stock has 4 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.

Kaimei Electronic's adjusted book value per share for the three months ended in Dec. 2025 was NT$90.833. 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$79.93 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Kaimei Electronic's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Kaimei Electronic was 8.60% per year. The lowest was 4.80% per year. And the median was 7.25% per year.

As of today (2026-07-15), Kaimei Electronic's current stock price is NT$172.00. Kaimei Electronic's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$79.93. Kaimei Electronic's Cyclically Adjusted PB Ratio of today is 2.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kaimei Electronic was 2.90. The lowest was 0.66. And the median was 1.03.


Kaimei Electronic  (TPE:2375) 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.

Kaimei Electronic's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=172.00/79.93
=2.15

* 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 Kaimei Electronic was 2.90. The lowest was 0.66. And the median was 1.03.


Be Aware

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


Kaimei Electronic Cyclically Adjusted Book per Share Related Terms


Kaimei Electronic Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kaimei Electronic'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.

Kaimei Electronic Cyclically Adjusted Book per Share Chart

Kaimei Electronic 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 62.73 69.46 73.48 75.87 79.93

Kaimei Electronic 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 75.87 77.30 78.32 79.50 79.93

TPE:2375 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Kaimei Electronic'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.


Kaimei Electronic Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2375
60GF Score
Kaimei Electronic Corp TPE:2375
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaimei Electronic 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, Kaimei Electronic'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)
=90.833/324.0540*324.0540
=90.833

Current CPI (Dec. 2025) = 324.0540.

Kaimei Electronic Quarterly Data

Book Value per Share CPI Adj_Book
201603 44.166 238.132 60.102
201606 41.315 241.018 55.549
201609 35.938 241.428 48.237
201612 35.311 241.432 47.395
201703 34.224 243.801 45.490
201706 34.709 244.955 45.917
201709 36.242 246.819 47.583
201712 37.432 246.524 49.204
201803 38.156 249.554 49.547
201806 67.343 251.989 86.602
201809 65.907 252.439 84.604
201812 70.583 251.233 91.042
201903 72.503 254.202 92.426
201906 66.405 256.143 84.011
201909 66.501 256.759 83.931
201912 66.612 256.974 84.000
202003 67.458 258.115 84.691
202006 72.003 257.797 90.509
202009 67.634 260.280 84.206
202012 79.563 260.474 98.984
202103 74.017 264.877 90.553
202106 75.994 271.696 90.639
202109 76.501 274.310 90.374
202112 78.434 278.802 91.165
202203 83.229 287.504 93.810
202206 81.735 296.311 89.388
202209 84.259 296.808 91.994
202212 81.256 296.797 88.718
202303 81.064 301.836 87.031
202306 81.070 305.109 86.104
202309 83.885 307.789 88.318
202312 82.610 306.746 87.271
202403 83.097 312.332 86.216
202406 85.567 314.175 88.258
202409 87.138 315.301 89.557
202412 89.193 315.605 91.581
202503 90.109 319.799 91.308
202506 83.000 322.561 83.384
202509 87.035 324.800 86.835
202512 90.833 324.054 90.833

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$79.93 mean?
Kaimei Electronic (TPE:2375) has a Cyclically Adjusted Book per Share of NT$79.93 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 Kaimei Electronic and its competitors.
Is Kaimei Electronic's Cyclically Adjusted Book per Share too high?
Kaimei Electronic's current Cyclically Adjusted Book per Share is NT$79.93. Overall, Kaimei Electronic has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaimei Electronic's Cyclically Adjusted Book per Share compare to APH and GLW?
Kaimei Electronic's Cyclically Adjusted Book per Share of NT$79.93 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 Kaimei Electronic and its competitors. Kaimei Electronic's current Cyclically Adjusted Book per Share is NT$79.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaimei Electronic stock overvalued right now?
Based on GuruFocus' analysis, Kaimei Electronic (TPE:2375) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$74.58, compared to a current price of NT$172.00 — trading 130.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$79.93. Kaimei Electronic's overall GF Score™ is 60/100 with 4 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 Kaimei Electronic (TPE:2375), the current Cyclically Adjusted Book per Share is NT$79.93 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 Kaimei Electronic (TPE:2375) Overvalued in 2026?

Based on GuruFocus' analysis, Kaimei Electronic stock appears to be overvalued. The current stock price of NT$172.00 is trading 130.6% above its estimated GF Value™ of NT$74.58. GuruFocus considers Kaimei Electronic to be Significantly Overvalued.

Key valuation signals for TPE:2375:

  • Cyclically Adjusted Book per Share: NT$79.93
  • GF Value™: NT$74.58 vs. price of NT$172.00 (130.6% above fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the TPE:2375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaimei Electronic Business Description

Address Section 1, Xintai 5th Road, 13th Floor, No. 81, Xizhi District, New Taipei City, TWN, 22101
Kaimei Electronic Corp is engaged in the manufacturing and sale of capacitors. Its products portfolio includes Polymer solid aluminum electrolytic capacitors, Polymer Hybrid Aluminum Electrolytic Capacitor, and Liquid aluminum electrolytic capacitors; DC fan, DC blower, AC fan, and accessories. It operates in two reporting departments: capacitor and fan department and resistor department, which provides the product design, manufacture and sales in their respective areas. The capacitor and fan department derives the majority of revenue. Geographically, it operates in Hong Kong and China, Taiwan and other Asia Pacific regions, Europe, Americas, and Others with majority of revenue deriving from Hong Kong and China.
60GF Score

Get the complete analysis for TPE:2375

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

NT$172.00
Price
NT$74.58
GF Value