Fortune Information Systems (TPE:2468) Cyclically Adjusted Book per Share: NT$20.05 (As of Jun. 2026)

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TPE:2468 Fortune Information Systems Corp TPE:2468
87 GF Score
Price NT$33.90
GF Value NT$32.91
Valuation Fairly Valued
! 4 Warning Signs
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What is Fortune Information Systems Cyclically Adjusted Book per Share?

Fortune Information Systems TPE:2468 -1.02% 87 Cyclically Adjusted Book per Share is NT$20.05 as of Jun. 2026. GuruFocus rates TPE:2468 with a GF Score™ of 87/100 and a GF Value™ of NT$32.91 (Fairly Valued). The stock has 4 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.

Fortune Information Systems's adjusted book value per share for the three months ended in Jun. 2026 was NT$17.843. 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$20.05 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fortune Information Systems's average Cyclically Adjusted Book Growth Rate was 1.60% 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 2.90% 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 Fortune Information Systems was 4.20% per year. The lowest was 1.50% per year. And the median was 3.30% per year.

As of today (2026-08-28), Fortune Information Systems's current stock price is NT$33.90. Fortune Information Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$20.05. Fortune Information Systems's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fortune Information Systems was 3.93. The lowest was 0.66. And the median was 1.28.


Fortune Information Systems  (TPE:2468) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.90/20.05
=1.69

* 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 Fortune Information Systems was 3.93. The lowest was 0.66. And the median was 1.28.


Be Aware

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


Fortune Information Systems Cyclically Adjusted Book per Share Related Terms


Fortune Information Systems Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fortune Information 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.

Fortune Information Systems Cyclically Adjusted Book per Share Chart

Fortune Information 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 17.91 18.80 19.19 19.46 19.64

Fortune Information Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.73 19.77 19.64 19.92 20.05

TPE:2468 vs IBM, ACN, FISV: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, Fortune Information 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.


Fortune Information Systems Cyclically Adjusted PB Ratio vs Software Industry

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

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


TPE:2468
87GF Score
Fortune Information Systems Corp TPE:2468
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.843/333.9520*333.9520
=17.843

Current CPI (Jun. 2026) = 333.9520.

Fortune Information Systems Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.860 241.428 21.938
201612 16.012 241.432 22.148
201703 16.085 243.801 22.033
201706 15.720 244.955 21.431
201709 15.847 246.819 21.441
201712 15.977 246.524 21.643
201803 15.994 249.554 21.403
201806 15.849 251.989 21.004
201809 16.021 252.439 21.194
201812 16.139 251.233 21.453
201903 16.245 254.202 21.341
201906 15.918 256.143 20.753
201909 16.117 256.759 20.962
201912 16.271 256.974 21.145
202003 16.488 258.115 21.332
202006 16.062 257.797 20.807
202009 16.327 260.280 20.948
202012 16.267 260.474 20.856
202103 16.377 264.877 20.648
202106 16.153 271.696 19.854
202109 16.301 274.310 19.845
202112 16.420 278.802 19.668
202203 16.660 287.504 19.352
202206 16.608 296.311 18.718
202209 16.800 296.808 18.902
202212 17.125 296.797 19.269
202303 17.291 301.836 19.131
202306 17.109 305.109 18.726
202309 17.354 307.789 18.829
202312 17.633 306.746 19.197
202403 17.946 312.332 19.188
202406 17.352 314.175 18.444
202409 17.456 315.301 18.489
202412 17.940 315.605 18.983
202503 18.219 319.799 19.025
202506 17.457 322.561 18.073
202509 17.758 324.800 18.258
202512 18.228 324.054 18.785
202603 18.540 330.213 18.750
202606 17.843 333.952 17.843

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$20.05 mean?
Fortune Information Systems (TPE:2468) has a Cyclically Adjusted Book per Share of NT$20.05 as of Jun. 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 Fortune Information Systems and its competitors.
Is Fortune Information Systems' Cyclically Adjusted Book per Share too high?
Fortune Information Systems' current Cyclically Adjusted Book per Share is NT$20.05. Overall, Fortune Information Systems has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortune Information Systems' Cyclically Adjusted Book per Share compare to IBM and ACN?
Fortune Information Systems' Cyclically Adjusted Book per Share of NT$20.05 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Fortune Information Systems and its competitors. Fortune Information Systems's current Cyclically Adjusted Book per Share is NT$20.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Information Systems stock overvalued right now?
Based on GuruFocus' analysis, Fortune Information Systems (TPE:2468) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.91, compared to a current price of NT$33.90 — trading 3% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$20.05. Fortune Information Systems' overall GF Score™ is 87/100 with 4 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 Fortune Information Systems (TPE:2468), the current Cyclically Adjusted Book per Share is NT$20.05 as of Jun. 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 Fortune Information Systems (TPE:2468) Overvalued in 2026?

Based on GuruFocus' analysis, Fortune Information Systems stock appears to be overvalued. The current stock price of NT$33.90 is trading 3% above its estimated GF Value™ of NT$32.91. GuruFocus considers Fortune Information Systems to be Fairly Valued.

Key valuation signals for TPE:2468:

  • Cyclically Adjusted Book per Share: NT$20.05
  • GF Value™: NT$32.91 vs. price of NT$33.90 (3% above fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the TPE:2468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortune Information Systems Business Description

Address No. 25, Lane 78, Xingai road, Neihu District, Taipei, TWN, 11494
Fortune Information Systems Corp is engaged in providing system integration services like cloud IT infrastructure, network management and information security solutions, customer service and technical support, and others. The company offers services that includes enterprise public/private cloud infrastructure construction and planning, network system planning, information security, backup and recovery planning, financial institution information integration services, cloud monitoring management, software development, project development, and other services.
87GF Score

Get the complete analysis for TPE:2468

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

NT$33.90
Price
NT$32.91
GF Value