Everlight Electronics Co (TPE:2393) Cyclically Adjusted Book per Share: NT$47.97 (As of Dec. 2025)


TPE:2393 Everlight Electronics Co Ltd TPE:2393
80 GF Score
Price NT$69.60
GF Value NT$61.86
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Everlight Electronics Co Cyclically Adjusted Book per Share?

Everlight Electronics Co TPE:2393 -0.57% 80 Cyclically Adjusted Book per Share is NT$47.97 as of Dec. 2025. GuruFocus rates TPE:2393 with a GF Score™ of 80/100 and a GF Value™ of NT$61.86 (Modestly Overvalued). 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.

Everlight Electronics Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$45.041. 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$47.97 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Everlight Electronics Co's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 Everlight Electronics Co was 4.90% per year. The lowest was 1.50% per year. And the median was 3.40% per year.

As of today (2026-07-08), Everlight Electronics Co's current stock price is NT$69.60. Everlight Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$47.97. Everlight Electronics Co's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Everlight Electronics Co was 1.86. The lowest was 0.57. And the median was 1.05.


Everlight Electronics Co  (TPE:2393) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=69.60/47.97
=1.45

* 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 Everlight Electronics Co was 1.86. The lowest was 0.57. And the median was 1.05.


Be Aware

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


Everlight Electronics Co Cyclically Adjusted Book per Share Related Terms


Everlight Electronics Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Everlight 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.

Everlight Electronics Co Cyclically Adjusted Book per Share Chart

Everlight 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 43.33 45.93 47.03 47.69 47.97

Everlight 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 47.69 48.11 48.26 48.33 47.97

TPE:2393 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Everlight 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.


Everlight Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2393
80GF Score
Everlight Electronics Co Ltd TPE:2393
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everlight 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, Everlight 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)
=45.041/324.0540*324.0540
=45.041

Current CPI (Dec. 2025) = 324.0540.

Everlight Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 40.670 238.132 55.344
201606 38.147 241.018 51.289
201609 38.668 241.428 51.902
201612 39.477 241.432 52.987
201703 39.630 243.801 52.675
201706 37.666 244.955 49.829
201709 39.019 246.819 51.229
201712 40.524 246.524 53.269
201803 40.918 249.554 53.133
201806 38.157 251.989 49.069
201809 38.116 252.439 48.929
201812 38.348 251.233 49.463
201903 38.995 254.202 49.710
201906 37.741 256.143 47.747
201909 37.479 256.759 47.302
201912 37.999 256.974 47.918
202003 37.789 258.115 47.443
202006 37.246 257.797 46.819
202009 38.560 260.280 48.008
202012 39.620 260.474 49.291
202103 40.604 264.877 49.675
202106 41.839 271.696 49.902
202109 41.015 274.310 48.453
202112 41.685 278.802 48.451
202203 43.372 287.504 48.886
202206 40.519 296.311 44.313
202209 41.597 296.808 45.415
202212 41.403 296.797 45.205
202303 42.364 301.836 45.482
202306 40.397 305.109 42.905
202309 41.765 307.789 43.972
202312 41.839 306.746 44.200
202403 43.882 312.332 45.529
202406 42.521 314.175 43.858
202409 43.919 315.301 45.138
202412 45.708 315.605 46.932
202503 47.308 319.799 47.937
202506 41.133 322.561 41.323
202509 42.964 324.800 42.865
202512 45.041 324.054 45.041

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$47.97 mean?
Everlight Electronics Co (TPE:2393) has a Cyclically Adjusted Book per Share of NT$47.97 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 Everlight Electronics Co and its competitors.
Is Everlight Electronics Co's Cyclically Adjusted Book per Share too high?
Everlight Electronics Co's current Cyclically Adjusted Book per Share is NT$47.97. Overall, Everlight Electronics Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Everlight Electronics Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Everlight Electronics Co's Cyclically Adjusted Book per Share of NT$47.97 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 Everlight Electronics Co and its competitors. Everlight Electronics Co's current Cyclically Adjusted Book per Share is NT$47.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everlight Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Everlight Electronics Co (TPE:2393) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$61.86, compared to a current price of NT$69.60 — trading 12.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$47.97. Everlight Electronics Co's overall GF Score™ is 80/100 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 Everlight Electronics Co (TPE:2393), the current Cyclically Adjusted Book per Share is NT$47.97 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 Everlight Electronics Co (TPE:2393) Overvalued in 2026?

Based on GuruFocus' analysis, Everlight Electronics Co stock appears to be overvalued. The current stock price of NT$69.60 is trading 12.5% above its estimated GF Value™ of NT$61.86. GuruFocus considers Everlight Electronics Co to be Modestly Overvalued.

Key valuation signals for TPE:2393:

  • Cyclically Adjusted Book per Share: NT$47.97
  • GF Value™: NT$61.86 vs. price of NT$69.60 (12.5% above fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the TPE:2393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everlight Electronics Co Business Description

Address No. 6-8, Zhonghua Road, Shulin District, New Taipei City, TWN
Everlight Electronics Co Ltd is engaged in the manufacture and sale of LEDs and optoelectronic products. Its products include visible LED, infrared products, sensors, optocouplers, and power semiconductors. The Group operates through LED, LCD, and illumination segments. The LED segment engages in the manufacture and sale of LEDs, while the LCD segment, which generates maximum revenue, engages in the manufacture and sale of LCDs and LCD modules. The illumination segment engages in the manufacture and sale of lighting products. Other operating segments mainly engage in the sale of raw materials for electronic products, masks, and electrophoretic displays. The company generates maximum revenue from Asia.
80GF Score

Get the complete analysis for TPE:2393

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

NT$69.60
Price
NT$61.86
GF Value