Sunplus Technology Co (TPE:2401) Cyclically Adjusted Book per Share: NT$17.68 (As of Dec. 2025)


TPE:2401 Sunplus Technology Co Ltd TPE:2401
66 GF Score
Price NT$33.00
GF Value NT$27.77
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Sunplus Technology Co Cyclically Adjusted Book per Share?

Sunplus Technology Co TPE:2401 +3.13% 66 Cyclically Adjusted Book per Share is NT$17.68 as of Dec. 2025. GuruFocus rates TPE:2401 with a GF Score™ of 66/100 and a GF Value™ of NT$27.77 (Modestly Overvalued). The stock has 7 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.

Sunplus Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$13.955. 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$17.68 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Sunplus Technology Co's average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 Sunplus Technology Co was 2.90% per year. The lowest was -1.70% per year. And the median was 1.70% per year.

As of today (2026-07-09), Sunplus Technology Co's current stock price is NT$33.00. Sunplus Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$17.68. Sunplus Technology Co's Cyclically Adjusted PB Ratio of today is 1.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sunplus Technology Co was 2.67. The lowest was 0.47. And the median was 1.39.


Sunplus Technology Co  (TPE:2401) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.00/17.68
=1.87

* 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 Sunplus Technology Co was 2.67. The lowest was 0.47. And the median was 1.39.


Be Aware

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


Sunplus Technology Co Cyclically Adjusted Book per Share Related Terms


Sunplus Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sunplus 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.

Sunplus Technology Co Cyclically Adjusted Book per Share Chart

Sunplus 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 17.10 17.89 18.05 17.98 17.68

Sunplus 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 17.98 18.02 17.98 17.92 17.68

TPE:2401 vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Sunplus 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.


Sunplus Technology Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:2401
66GF Score
Sunplus Technology Co Ltd TPE:2401
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunplus 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, Sunplus 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)
=13.955/324.0540*324.0540
=13.955

Current CPI (Dec. 2025) = 324.0540.

Sunplus Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 15.914 238.132 21.656
201606 14.794 241.018 19.891
201609 15.282 241.428 20.512
201612 15.336 241.432 20.584
201703 15.440 243.801 20.522
201706 15.000 244.955 19.844
201709 15.174 246.819 19.922
201712 15.237 246.524 20.029
201803 15.285 249.554 19.848
201806 14.470 251.989 18.608
201809 14.485 252.439 18.594
201812 14.387 251.233 18.557
201903 14.510 254.202 18.497
201906 14.109 256.143 17.850
201909 14.004 256.759 17.674
201912 13.899 256.974 17.527
202003 13.600 258.115 17.074
202006 13.375 257.797 16.813
202009 13.872 260.280 17.271
202012 14.299 260.474 17.789
202103 14.689 264.877 17.971
202106 15.119 271.696 18.033
202109 16.170 274.310 19.102
202112 17.195 278.802 19.986
202203 17.969 287.504 20.253
202206 15.780 296.311 17.257
202209 15.956 296.808 17.421
202212 15.740 296.797 17.186
202303 15.689 301.836 16.844
202306 14.850 305.109 15.772
202309 14.811 307.789 15.594
202312 14.420 306.746 15.234
202403 14.689 312.332 15.240
202406 14.828 314.175 15.294
202409 14.845 315.301 15.257
202412 14.631 315.605 15.023
202503 14.640 319.799 14.835
202506 13.880 322.561 13.944
202509 13.883 324.800 13.851
202512 13.955 324.054 13.955

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$17.68 mean?
Sunplus Technology Co (TPE:2401) has a Cyclically Adjusted Book per Share of NT$17.68 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 Sunplus Technology Co and its competitors.
Is Sunplus Technology Co's Cyclically Adjusted Book per Share too high?
Sunplus Technology Co's current Cyclically Adjusted Book per Share is NT$17.68. Overall, Sunplus Technology Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunplus Technology Co's Cyclically Adjusted Book per Share compare to NVDA and AVGO?
Sunplus Technology Co's Cyclically Adjusted Book per Share of NT$17.68 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors 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 Sunplus Technology Co and its competitors. Sunplus Technology Co's current Cyclically Adjusted Book per Share is NT$17.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunplus Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunplus Technology Co (TPE:2401) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$27.77, compared to a current price of NT$33.00 — trading 18.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$17.68. Sunplus Technology Co's overall GF Score™ is 66/100 with 7 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 Sunplus Technology Co (TPE:2401), the current Cyclically Adjusted Book per Share is NT$17.68 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 Sunplus Technology Co (TPE:2401) Overvalued in 2026?

Based on GuruFocus' analysis, Sunplus Technology Co stock appears to be overvalued. The current stock price of NT$33.00 is trading 18.8% above its estimated GF Value™ of NT$27.77. GuruFocus considers Sunplus Technology Co to be Modestly Overvalued.

Key valuation signals for TPE:2401:

  • Cyclically Adjusted Book per Share: NT$17.68
  • GF Value™: NT$27.77 vs. price of NT$33.00 (18.8% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TPE:2401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunplus Technology Co Business Description

Address 19, Innovation 1st Road, Hsinchu Science Park, Hsinchu, TWN
Sunplus Technology Co Ltd designs, produces, tests, and sells integrated circuits (ICs). Additionally, the company researches, develops, and sells various software applications and silicon intellectual property, and is also involved in the trading and agency business of integrated circuits. Its product offerings include digital audio-visual and intelligent acoustic chips for automotive applications, smart system-on-chip solutions for driver assistance systems, AIoT SoC development platforms, and open-source software to create efficient AI computing cores. The company's reportable segments are: IC design, which derives key revenue, Income from lease of property, and Other income. Geographically, it derives maximum revenue from Asia (excluding Taiwan), followed by Taiwan and other markets.
66GF Score

Get the complete analysis for TPE:2401

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

NT$33.00
Price
NT$27.77
GF Value