Abocom Systems (TPE:2444) Cyclically Adjusted Book per Share: NT$11.45 (As of Mar. 2026)

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TPE:2444 Abocom Systems Inc TPE:2444
45 GF Score
Price NT$11.00
GF Value NT$8.16
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Abocom Systems Cyclically Adjusted Book per Share?

Abocom Systems TPE:2444 +0.46% 45 Cyclically Adjusted Book per Share is NT$11.45 as of Mar. 2026. GuruFocus rates TPE:2444 with a GF Score™ of 45/100 and a GF Value™ of NT$8.16 (Significantly Overvalued). The stock has 6 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.

Abocom Systems's adjusted book value per share for the three months ended in Mar. 2026 was NT$7.350. 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$11.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Abocom Systems's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% 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 Abocom Systems was 0.20% per year. The lowest was -1.70% per year. And the median was -0.35% per year.

As of today (2026-08-23), Abocom Systems's current stock price is NT$11.00. Abocom Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$11.45. Abocom Systems's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abocom Systems was 1.96. The lowest was 0.87. And the median was 1.11.


Abocom Systems  (TPE:2444) 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.

Abocom Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.00/11.45
=0.96

* 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 Abocom Systems was 1.96. The lowest was 0.87. And the median was 1.11.


Be Aware

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


Abocom Systems Cyclically Adjusted Book per Share Related Terms


Abocom Systems Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Abocom Systems'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.

Abocom Systems Cyclically Adjusted Book per Share Chart

Abocom Systems 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 11.96 12.02 11.81 11.68 11.43

Abocom Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.69 11.68 11.62 11.43 11.45

TPE:2444 vs CSCO, MSI, HPE: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Abocom Systems'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.


Abocom Systems Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2444
45GF Score
Abocom Systems Inc TPE:2444
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abocom Systems 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, Abocom Systems's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.35/330.2130*330.2130
=7.350

Current CPI (Mar. 2026) = 330.2130.

Abocom Systems Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.140 241.018 15.263
201609 11.218 241.428 15.343
201612 11.088 241.432 15.165
201703 10.933 243.801 14.808
201706 10.729 244.955 14.463
201709 11.530 246.819 15.426
201712 11.413 246.524 15.287
201803 11.086 249.554 14.669
201806 10.211 251.989 13.381
201809 10.122 252.439 13.240
201812 9.737 251.233 12.798
201903 9.420 254.202 12.237
201906 9.180 256.143 11.835
201909 9.332 256.759 12.002
201912 9.465 256.974 12.163
202003 9.470 258.115 12.115
202006 8.407 257.797 10.769
202009 8.467 260.280 10.742
202012 8.499 260.474 10.775
202103 8.207 264.877 10.231
202106 8.248 271.696 10.024
202109 8.356 274.310 10.059
202112 8.588 278.802 10.172
202203 8.897 287.504 10.219
202206 8.891 296.311 9.908
202209 9.392 296.808 10.449
202212 9.780 296.797 10.881
202303 9.821 301.836 10.744
202306 9.405 305.109 10.179
202309 9.832 307.789 10.548
202312 9.653 306.746 10.391
202403 9.726 312.332 10.283
202406 9.554 314.175 10.042
202409 9.250 315.301 9.687
202412 9.423 315.605 9.859
202503 9.285 319.799 9.587
202506 8.412 322.561 8.612
202509 8.070 324.800 8.204
202512 7.789 324.054 7.937
202603 7.350 330.213 7.350

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$11.45 mean?
Abocom Systems (TPE:2444) has a Cyclically Adjusted Book per Share of NT$11.45 as of Mar. 2026. 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 Abocom Systems and its competitors.
Is Abocom Systems' Cyclically Adjusted Book per Share too high?
Abocom Systems' current Cyclically Adjusted Book per Share is NT$11.45. Overall, Abocom Systems has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Abocom Systems' Cyclically Adjusted Book per Share compare to CSCO and MSI?
Abocom Systems' Cyclically Adjusted Book per Share of NT$11.45 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 Abocom Systems and its competitors. Abocom Systems's current Cyclically Adjusted Book per Share is NT$11.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abocom Systems stock overvalued right now?
Based on GuruFocus' analysis, Abocom Systems (TPE:2444) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.16, compared to a current price of NT$11.00 — trading 34.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$11.45. Abocom Systems' overall GF Score™ is 45/100 with 6 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 Abocom Systems (TPE:2444), the current Cyclically Adjusted Book per Share is NT$11.45 as of Mar. 2026. 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 Abocom Systems (TPE:2444) Overvalued in 2026?

Based on GuruFocus' analysis, Abocom Systems stock appears to be overvalued. The current stock price of NT$11.00 is trading 34.8% above its estimated GF Value™ of NT$8.16. GuruFocus considers Abocom Systems to be Significantly Overvalued.

Key valuation signals for TPE:2444:

  • Cyclically Adjusted Book per Share: NT$11.45
  • GF Value™: NT$8.16 vs. price of NT$11.00 (34.8% above fair value)
  • GF Score™: 45/100 with 6 warning signs

No single metric tells the full story. See the TPE:2444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Abocom Systems Business Description

Address No. 50-8, Keyan Road, 2nd Floor, Hsinchu Science Park, Zhunan Township, Miaoli County, TWN
Abocom Systems Inc is a tele-communication company engaged in research, development, production, manufacturing and sale of various digital and data network communication and information, audio-video electronic products, memory products, and peripherals of laptop computers. The segments of the company are Network Communications Business Unit, and Memory Business Unit, out of which maximum revenue is derived from Network Communications Business Unit. Its products include vMicro SD memory card, SSD solid state drive, Laser chip, WIFI Wireless products, and others.
45GF Score

Get the complete analysis for TPE:2444

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

NT$11.00
Price
NT$8.16
GF Value