Gigabyte Technology Co (TPE:2376) Cyclically Adjusted Book per Share: NT$58.52 (As of Dec. 2025)


TPE:2376 Gigabyte Technology Co Ltd TPE:2376
87 GF Score
Price NT$336.50
GF Value NT$445.38
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Gigabyte Technology Co Cyclically Adjusted Book per Share?

Gigabyte Technology Co TPE:2376 -0.59% 87 Cyclically Adjusted Book per Share is NT$58.52 as of Dec. 2025. GuruFocus rates TPE:2376 with a GF Score™ of 87/100 and a GF Value™ of NT$445.38 (Modestly Undervalued). The stock has 8 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.

Gigabyte Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$88.224. 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$58.52 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Gigabyte Technology Co's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 Gigabyte Technology Co was 8.90% per year. The lowest was 4.90% per year. And the median was 7.60% per year.

As of today (2026-07-06), Gigabyte Technology Co's current stock price is NT$336.50. Gigabyte Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$58.52. Gigabyte Technology Co's Cyclically Adjusted PB Ratio of today is 5.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gigabyte Technology Co was 7.65. The lowest was 1.06. And the median was 2.80.


Gigabyte Technology Co  (TPE:2376) 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.

Gigabyte Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=336.50/58.52
=5.75

* 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 Gigabyte Technology Co was 7.65. The lowest was 1.06. And the median was 2.80.


Be Aware

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


Gigabyte Technology Co Cyclically Adjusted Book per Share Related Terms


Gigabyte Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Gigabyte Technology Co'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.

Gigabyte Technology Co Cyclically Adjusted Book per Share Chart

Gigabyte Technology Co 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 42.62 46.93 49.79 53.56 58.52

Gigabyte Technology Co 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 53.56 55.16 56.43 57.67 58.52

TPE:2376 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Gigabyte Technology Co'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.


Gigabyte Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2376
87GF Score
Gigabyte Technology Co Ltd TPE:2376
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gigabyte Technology Co 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, Gigabyte Technology Co'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)
=88.224/324.0540*324.0540
=88.224

Current CPI (Dec. 2025) = 324.0540.

Gigabyte Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 36.633 238.132 49.851
201606 34.675 241.018 46.621
201609 35.682 241.428 47.894
201612 36.258 241.432 48.666
201703 36.418 243.801 48.406
201706 34.759 244.955 45.983
201709 36.536 246.819 47.969
201712 37.896 246.524 49.814
201803 40.681 249.554 52.826
201806 40.757 251.989 52.413
201809 38.440 252.439 49.345
201812 37.886 251.233 48.867
201903 39.137 254.202 49.891
201906 36.206 256.143 45.805
201909 37.170 256.759 46.912
201912 38.223 256.974 48.201
202003 37.895 258.115 47.576
202006 37.894 257.797 47.633
202009 40.225 260.280 50.081
202012 43.095 260.474 53.614
202103 48.386 264.877 59.196
202106 48.139 271.696 57.416
202109 52.402 274.310 61.905
202112 59.038 278.802 68.620
202203 63.921 287.504 72.047
202206 52.562 296.311 57.483
202209 54.522 296.808 59.527
202212 56.590 296.797 61.787
202303 58.490 301.836 62.795
202306 53.381 305.109 56.696
202309 56.845 307.789 59.849
202312 58.948 306.746 62.274
202403 62.421 312.332 64.764
202406 60.830 314.175 62.743
202409 75.851 315.301 77.957
202412 80.137 315.605 82.282
202503 85.029 319.799 86.160
202506 77.618 322.561 77.977
202509 82.810 324.800 82.620
202512 88.224 324.054 88.224

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$58.52 mean?
Gigabyte Technology Co (TPE:2376) has a Cyclically Adjusted Book per Share of NT$58.52 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 Gigabyte Technology Co and its competitors.
Is Gigabyte Technology Co's Cyclically Adjusted Book per Share too high?
Gigabyte Technology Co's current Cyclically Adjusted Book per Share is NT$58.52. Overall, Gigabyte Technology Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gigabyte Technology Co's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Gigabyte Technology Co's Cyclically Adjusted Book per Share of NT$58.52 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 Gigabyte Technology Co and its competitors. Gigabyte Technology Co's current Cyclically Adjusted Book per Share is NT$58.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigabyte Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Gigabyte Technology Co (TPE:2376) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$445.38, compared to a current price of NT$336.50 — trading 24.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$58.52. Gigabyte Technology Co's overall GF Score™ is 87/100 with 8 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 Gigabyte Technology Co (TPE:2376), the current Cyclically Adjusted Book per Share is NT$58.52 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 Gigabyte Technology Co (TPE:2376) Overvalued in 2026?

Based on GuruFocus' analysis, Gigabyte Technology Co stock appears to be undervalued. The current stock price of NT$336.50 is trading 24.4% below its estimated GF Value™ of NT$445.38. GuruFocus considers Gigabyte Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:2376:

  • Cyclically Adjusted Book per Share: NT$58.52
  • GF Value™: NT$445.38 vs. price of NT$336.50 (24.4% below fair value)
  • GF Score™: 87/100 with 8 warning signs

No single metric tells the full story. See the TPE:2376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gigabyte Technology Co Business Description

Address Baoqiang Road, No 6, Xindian District, New Taipei City, TWN, 231
Gigabyte Technology Co Ltd is a Taiwan-based company. Along with its subsidiaries, it is engaged in the manufacturing, processing, and trading of computer peripherals and parts. Its products include Motherboard, Graphics Card, Laptop, Monitor, Desktops, PC Peripherals, and PC Components. Geographically, the company generates a majority of its revenue from Europe, followed by the USA and Canada, Singapore, Japan, China, Malaysia, Taiwan, and Others. The company generates the majority of its revenue from the sale of Networking communication products.
87GF Score

Get the complete analysis for TPE:2376

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

NT$336.50
Price
NT$445.38
GF Value