Abonmax Co (TPE:2429) Cyclically Adjusted Book per Share: NT$8.36 (As of Dec. 2025)


TPE:2429 Abonmax Co Ltd TPE:2429
48 GF Score
Price NT$43.20
GF Value NT$20.56
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Abonmax Co Cyclically Adjusted Book per Share?

Abonmax Co TPE:2429 48 Cyclically Adjusted Book per Share is NT$8.36 as of Dec. 2025. GuruFocus rates TPE:2429 with a GF Score™ of 48/100 and a GF Value™ of NT$20.56 (Significantly Overvalued). The stock has 9 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.

Abonmax Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$9.017. 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$8.36 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Abonmax Co's average Cyclically Adjusted Book Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.20% 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 Abonmax Co was -4.40% per year. The lowest was -7.50% per year. And the median was -6.25% per year.

As of today (2026-07-11), Abonmax Co's current stock price is NT$43.20. Abonmax Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$8.36. Abonmax Co's Cyclically Adjusted PB Ratio of today is 5.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abonmax Co was 15.95. The lowest was 0.67. And the median was 1.46.


Abonmax Co  (TPE:2429) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.20/8.36
=5.17

* 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 Abonmax Co was 15.95. The lowest was 0.67. And the median was 1.46.


Be Aware

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


Abonmax Co Cyclically Adjusted Book per Share Related Terms


Abonmax Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Abonmax 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.

Abonmax Co Cyclically Adjusted Book per Share Chart

Abonmax 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 10.99 10.45 9.50 8.71 8.36

Abonmax 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 8.71 8.67 8.59 8.50 8.36

TPE:2429 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Abonmax 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.


Abonmax Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2429
48GF Score
Abonmax Co Ltd TPE:2429
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abonmax 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, Abonmax 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)
=9.017/324.0540*324.0540
=9.017

Current CPI (Dec. 2025) = 324.0540.

Abonmax Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 10.034 238.132 13.654
201606 10.399 241.018 13.982
201609 10.395 241.428 13.953
201612 10.126 241.432 13.591
201703 9.686 243.801 12.874
201706 9.223 244.955 12.201
201709 8.682 246.819 11.399
201712 7.785 246.524 10.233
201803 7.690 249.554 9.986
201806 7.845 251.989 10.089
201809 7.623 252.439 9.786
201812 7.439 251.233 9.595
201903 7.872 254.202 10.035
201906 7.424 256.143 9.392
201909 7.160 256.759 9.037
201912 5.544 256.974 6.991
202003 5.332 258.115 6.694
202006 4.771 257.797 5.997
202009 5.225 260.280 6.505
202012 4.753 260.474 5.913
202103 5.192 264.877 6.352
202106 5.390 271.696 6.429
202109 5.359 274.310 6.331
202112 5.299 278.802 6.159
202203 5.162 287.504 5.818
202206 4.835 296.311 5.288
202209 4.648 296.808 5.075
202212 4.460 296.797 4.870
202303 4.147 301.836 4.452
202306 3.930 305.109 4.174
202309 4.047 307.789 4.261
202312 4.155 306.746 4.389
202403 3.940 312.332 4.088
202406 4.160 314.175 4.291
202409 11.024 315.301 11.330
202412 10.421 315.605 10.700
202503 10.225 319.799 10.361
202506 9.719 322.561 9.764
202509 9.491 324.800 9.469
202512 9.017 324.054 9.017

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$8.36 mean?
Abonmax Co (TPE:2429) has a Cyclically Adjusted Book per Share of NT$8.36 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 Abonmax Co and its competitors.
Is Abonmax Co's Cyclically Adjusted Book per Share too high?
Abonmax Co's current Cyclically Adjusted Book per Share is NT$8.36. Overall, Abonmax Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Abonmax Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Abonmax Co's Cyclically Adjusted Book per Share of NT$8.36 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 Abonmax Co and its competitors. Abonmax Co's current Cyclically Adjusted Book per Share is NT$8.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abonmax Co stock overvalued right now?
Based on GuruFocus' analysis, Abonmax Co (TPE:2429) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$20.56, compared to a current price of NT$43.20 — trading 110.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$8.36. Abonmax Co's overall GF Score™ is 48/100 with 9 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 Abonmax Co (TPE:2429), the current Cyclically Adjusted Book per Share is NT$8.36 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 Abonmax Co (TPE:2429) Overvalued in 2026?

Based on GuruFocus' analysis, Abonmax Co stock appears to be overvalued. The current stock price of NT$43.20 is trading 110.1% above its estimated GF Value™ of NT$20.56. GuruFocus considers Abonmax Co to be Significantly Overvalued.

Key valuation signals for TPE:2429:

  • Cyclically Adjusted Book per Share: NT$8.36
  • GF Value™: NT$20.56 vs. price of NT$43.20 (110.1% above fair value)
  • GF Score™: 48/100 with 9 warning signs

No single metric tells the full story. See the TPE:2429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Abonmax Co Business Description

Address High Speed Rail Station West Road, No. 286, 3Floor - 1, Section 1, Zhongli District, Taoyuan, TWN
Abonmax Co Ltd is a Taiwan-based company that engages in buying and selling optical panels, optoelectronic glass substrates, and electronic whiteboards.
48GF Score

Get the complete analysis for TPE:2429

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

NT$43.20
Price
NT$20.56
GF Value