Transcend Information (TPE:2451) Cyclically Adjusted Book per Share: NT$53.16 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2451 Transcend Information Inc TPE:2451
79 GF Score
Price NT$247.50
GF Value NT$162.42
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Transcend Information Cyclically Adjusted Book per Share?

Transcend Information TPE:2451 -2.17% 79 Cyclically Adjusted Book per Share is NT$53.16 as of Dec. 2025. GuruFocus rates TPE:2451 with a GF Score™ of 79/100 and a GF Value™ of NT$162.42 (Significantly Overvalued). The stock has 1 warning sign 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.

Transcend Information's adjusted book value per share for the three months ended in Dec. 2025 was NT$53.450. 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$53.16 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Transcend Information's average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 Transcend Information was 3.30% per year. The lowest was -0.20% per year. And the median was 3.00% per year.

As of today (2026-07-17), Transcend Information's current stock price is NT$247.50. Transcend Information's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$53.16. Transcend Information's Cyclically Adjusted PB Ratio of today is 4.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Transcend Information was 6.36. The lowest was 1.10. And the median was 1.45.


Transcend Information  (TPE:2451) 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.

Transcend Information's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=247.50/53.16
=4.66

* 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 Transcend Information was 6.36. The lowest was 1.10. And the median was 1.45.


Be Aware

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


Transcend Information Cyclically Adjusted Book per Share Related Terms


Transcend Information Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Transcend Information'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.

Transcend Information Cyclically Adjusted Book per Share Chart

Transcend Information 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 51.44 53.56 53.71 53.54 53.16

Transcend Information 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 53.54 53.58 53.63 53.58 53.16

TPE:2451 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Transcend Information'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.


Transcend Information Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2451
79GF Score
Transcend Information Inc TPE:2451
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transcend Information 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, Transcend Information'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)
=53.45/324.0540*324.0540
=53.450

Current CPI (Dec. 2025) = 324.0540.

Transcend Information Quarterly Data

Book Value per Share CPI Adj_Book
201603 49.057 238.132 66.758
201606 43.996 241.018 59.154
201609 44.974 241.428 60.366
201612 47.188 241.432 63.337
201703 48.363 243.801 64.283
201706 44.297 244.955 58.601
201709 46.115 246.819 60.545
201712 47.586 246.524 62.551
201803 48.762 249.554 63.319
201806 44.432 251.989 57.139
201809 45.455 252.439 58.350
201812 46.384 251.233 59.829
201903 47.308 254.202 60.308
201906 43.301 256.143 54.781
201909 44.411 256.759 56.051
201912 45.211 256.974 57.013
202003 41.736 258.115 52.398
202006 42.318 257.797 53.194
202009 42.835 260.280 53.330
202012 43.518 260.474 54.140
202103 41.678 264.877 50.989
202106 43.559 271.696 51.953
202109 45.072 274.310 53.245
202112 46.228 278.802 53.731
202203 42.125 287.504 47.480
202206 44.462 296.311 48.625
202209 45.286 296.808 49.443
202212 45.566 296.797 49.751
202303 40.648 301.836 43.640
202306 41.655 305.109 44.241
202309 43.517 307.789 45.817
202312 44.909 306.746 47.443
202403 42.085 312.332 43.664
202406 44.091 314.175 45.477
202409 44.849 315.301 46.094
202412 46.116 315.605 47.351
202503 40.787 319.799 41.330
202506 41.697 322.561 41.890
202509 45.568 324.800 45.463
202512 53.450 324.054 53.450

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$53.16 mean?
Transcend Information (TPE:2451) has a Cyclically Adjusted Book per Share of NT$53.16 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 Transcend Information and its competitors.
Is Transcend Information's Cyclically Adjusted Book per Share too high?
Transcend Information's current Cyclically Adjusted Book per Share is NT$53.16. Overall, Transcend Information has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transcend Information's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Transcend Information's Cyclically Adjusted Book per Share of NT$53.16 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 Transcend Information and its competitors. Transcend Information's current Cyclically Adjusted Book per Share is NT$53.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcend Information stock overvalued right now?
Based on GuruFocus' analysis, Transcend Information (TPE:2451) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$162.42, compared to a current price of NT$247.50 — trading 52.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$53.16. Transcend Information's overall GF Score™ is 79/100 with 1 warning sign 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 Transcend Information (TPE:2451), the current Cyclically Adjusted Book per Share is NT$53.16 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 Transcend Information (TPE:2451) Overvalued in 2026?

Based on GuruFocus' analysis, Transcend Information stock appears to be overvalued. The current stock price of NT$247.50 is trading 52.4% above its estimated GF Value™ of NT$162.42. GuruFocus considers Transcend Information to be Significantly Overvalued.

Key valuation signals for TPE:2451:

  • Cyclically Adjusted Book per Share: NT$53.16
  • GF Value™: NT$162.42 vs. price of NT$247.50 (52.4% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the TPE:2451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transcend Information Business Description

Address No. 70, XingZhong Road, NeiHu District, Taipei, TWN
Transcend Information Inc is engaged in manufacturing, processing and sales of computer software and hardware, peripheral equipment and other computer components. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The company generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.
79GF Score

Get the complete analysis for TPE:2451

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

NT$247.50
Price
NT$162.42
GF Value