Chicony Electronics Co (TPE:2385) Cyclically Adjusted Book per Share: NT$49.24 (As of Dec. 2025)


TPE:2385 Chicony Electronics Co Ltd TPE:2385
79 GF Score
Price NT$107.00
GF Value NT$142.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Chicony Electronics Co Cyclically Adjusted Book per Share?

Chicony Electronics Co TPE:2385 +1.42% 79 Cyclically Adjusted Book per Share is NT$49.24 as of Dec. 2025. GuruFocus rates TPE:2385 with a GF Score™ of 79/100 and a GF Value™ of NT$142.16 (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.

Chicony Electronics Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$60.923. 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$49.24 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Chicony Electronics Co's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Chicony Electronics Co was 8.50% per year. The lowest was 6.10% per year. And the median was 7.40% per year.

As of today (2026-07-03), Chicony Electronics Co's current stock price is NT$107.00. Chicony Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$49.24. Chicony Electronics Co's Cyclically Adjusted PB Ratio of today is 2.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chicony Electronics Co was 5.50. The lowest was 1.84. And the median was 2.53.


Chicony Electronics Co  (TPE:2385) 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.

Chicony Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=107.00/49.24
=2.17

* 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 Chicony Electronics Co was 5.50. The lowest was 1.84. And the median was 2.53.


Be Aware

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


Chicony Electronics Co Cyclically Adjusted Book per Share Related Terms


Chicony Electronics Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chicony Electronics 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.

Chicony Electronics Co Cyclically Adjusted Book per Share Chart

Chicony Electronics 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 37.28 41.17 43.70 46.63 49.24

Chicony Electronics 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 46.63 47.54 48.27 48.96 49.24

TPE:2385 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Chicony Electronics 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.


Chicony Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2385
79GF Score
Chicony Electronics Co Ltd TPE:2385
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chicony Electronics 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, Chicony Electronics 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)
=60.923/324.0540*324.0540
=60.923

Current CPI (Dec. 2025) = 324.0540.

Chicony Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 33.197 238.132 45.175
201606 30.412 241.018 40.890
201609 32.603 241.428 43.761
201612 35.578 241.432 47.753
201703 34.896 243.801 46.383
201706 32.357 244.955 42.805
201709 34.017 246.819 44.662
201712 34.784 246.524 45.723
201803 35.393 249.554 45.959
201806 33.587 251.989 43.192
201809 34.001 252.439 43.647
201812 35.067 251.233 45.231
201903 38.182 254.202 48.674
201906 36.178 256.143 45.770
201909 37.749 256.759 47.643
201912 39.115 256.974 49.326
202003 31.612 258.115 39.688
202006 34.725 257.797 43.650
202009 37.491 260.280 46.677
202012 39.555 260.474 49.210
202103 36.944 264.877 45.198
202106 38.113 271.696 45.458
202109 39.979 274.310 47.229
202112 43.018 278.802 50.000
202203 40.947 287.504 46.153
202206 43.936 296.311 48.050
202209 48.769 296.808 53.246
202212 49.903 296.797 54.486
202303 45.128 301.836 48.450
202306 47.064 305.109 49.986
202309 51.836 307.789 54.575
202312 53.936 306.746 56.979
202403 50.630 312.332 52.530
202406 55.995 314.175 57.756
202409 60.785 315.301 62.472
202412 63.453 315.605 65.152
202503 56.595 319.799 57.348
202506 50.992 322.561 51.228
202509 56.719 324.800 56.589
202512 60.923 324.054 60.923

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$49.24 mean?
Chicony Electronics Co (TPE:2385) has a Cyclically Adjusted Book per Share of NT$49.24 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 Chicony Electronics Co and its competitors.
Is Chicony Electronics Co's Cyclically Adjusted Book per Share too high?
Chicony Electronics Co's current Cyclically Adjusted Book per Share is NT$49.24. Overall, Chicony Electronics Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chicony Electronics Co's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Chicony Electronics Co's Cyclically Adjusted Book per Share of NT$49.24 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 Chicony Electronics Co and its competitors. Chicony Electronics Co's current Cyclically Adjusted Book per Share is NT$49.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chicony Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Chicony Electronics Co (TPE:2385) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$142.16, compared to a current price of NT$107.00 — trading 24.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$49.24. Chicony Electronics Co's overall GF Score™ is 79/100 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 Chicony Electronics Co (TPE:2385), the current Cyclically Adjusted Book per Share is NT$49.24 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 Chicony Electronics Co (TPE:2385) Overvalued in 2026?

Based on GuruFocus' analysis, Chicony Electronics Co stock appears to be undervalued. The current stock price of NT$107.00 is trading 24.7% below its estimated GF Value™ of NT$142.16. GuruFocus considers Chicony Electronics Co to be Modestly Undervalued.

Key valuation signals for TPE:2385:

  • Cyclically Adjusted Book per Share: NT$49.24
  • GF Value™: NT$142.16 vs. price of NT$107.00 (24.7% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the TPE:2385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chicony Electronics Co Business Description

Address Guangfu Road, No. 69, Section 2, Sanchong District, New Taipei, TWN, 24158
Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, and Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The company's inventories are keyboards, mouses, switching power supplies, lens modules, and other computer information-related peripherals and components. Geographically, it generates the majority of its revenue from Taiwan.
79GF Score

Get the complete analysis for TPE:2385

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

NT$107.00
Price
NT$142.16
GF Value