Excel Cell Electronic Co (TPE:2483) Cyclically Adjusted Book per Share: NT$26.89 (As of Jun. 2026)

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TPE:2483 Excel Cell Electronic Co Ltd TPE:2483
65 GF Score
Price NT$35.70
GF Value NT$24.06
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Excel Cell Electronic Co Cyclically Adjusted Book per Share?

Excel Cell Electronic Co TPE:2483 +1.28% 65 Cyclically Adjusted Book per Share is NT$26.89 as of Jun. 2026. GuruFocus rates TPE:2483 with a GF Score™ of 65/100 and a GF Value™ of NT$24.06 (Significantly Overvalued). The stock has 5 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.

Excel Cell Electronic Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$25.399. 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$26.89 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Excel Cell Electronic Co's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% 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 Excel Cell Electronic Co was 4.90% per year. The lowest was 1.60% per year. And the median was 3.90% per year.

As of today (2026-08-27), Excel Cell Electronic Co's current stock price is NT$35.70. Excel Cell Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$26.89. Excel Cell Electronic Co's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Excel Cell Electronic Co was 2.53. The lowest was 0.62. And the median was 0.92.


Excel Cell Electronic Co  (TPE:2483) 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.

Excel Cell Electronic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.70/26.89
=1.33

* 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 Excel Cell Electronic Co was 2.53. The lowest was 0.62. And the median was 0.92.


Be Aware

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


Excel Cell Electronic Co Cyclically Adjusted Book per Share Related Terms


Excel Cell Electronic Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Excel Cell Electronic 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.

Excel Cell Electronic Co Cyclically Adjusted Book per Share Chart

Excel Cell Electronic 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 23.72 25.14 25.76 26.19 26.34

Excel Cell Electronic Co 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 26.51 26.55 26.34 26.68 26.89

TPE:2483 vs VRT, BE: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Excel Cell Electronic 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.


Excel Cell Electronic Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2483
65GF Score
Excel Cell Electronic Co Ltd TPE:2483
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excel Cell Electronic 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, Excel Cell Electronic Co'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)
=25.399/333.9520*333.9520
=25.399

Current CPI (Jun. 2026) = 333.9520.

Excel Cell Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.182 241.428 29.300
201612 21.659 241.432 29.959
201703 21.207 243.801 29.049
201706 20.361 244.955 27.759
201709 21.109 246.819 28.561
201712 21.327 246.524 28.890
201803 21.450 249.554 28.704
201806 20.960 251.989 27.778
201809 21.413 252.439 28.327
201812 21.580 251.233 28.685
201903 22.499 254.202 29.558
201906 21.591 256.143 28.150
201909 21.859 256.759 28.431
201912 21.765 256.974 28.285
202003 21.152 258.115 27.367
202006 21.391 257.797 27.710
202009 21.518 260.280 27.609
202012 21.685 260.474 27.802
202103 21.429 264.877 27.017
202106 22.375 271.696 27.502
202109 22.689 274.310 27.622
202112 23.272 278.802 27.875
202203 23.068 287.504 26.795
202206 23.279 296.311 26.236
202209 24.090 296.808 27.105
202212 23.888 296.797 26.878
202303 23.010 301.836 25.458
202306 23.087 305.109 25.269
202309 23.639 307.789 25.648
202312 23.110 306.746 25.160
202403 23.156 312.332 24.759
202406 23.400 314.175 24.873
202409 23.599 315.301 24.995
202412 23.261 315.605 24.613
202503 22.902 319.799 23.916
202506 22.839 322.561 23.646
202509 23.460 324.800 24.121
202512 23.770 324.054 24.496
202603 24.061 330.213 24.333
202606 25.399 333.952 25.399

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$26.89 mean?
Excel Cell Electronic Co (TPE:2483) has a Cyclically Adjusted Book per Share of NT$26.89 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 Excel Cell Electronic Co and its competitors.
Is Excel Cell Electronic Co's Cyclically Adjusted Book per Share too high?
Excel Cell Electronic Co's current Cyclically Adjusted Book per Share is NT$26.89. Overall, Excel Cell Electronic Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Excel Cell Electronic Co's Cyclically Adjusted Book per Share compare to VRT and BE?
Excel Cell Electronic Co's Cyclically Adjusted Book per Share of NT$26.89 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 Excel Cell Electronic Co and its competitors. Excel Cell Electronic Co's current Cyclically Adjusted Book per Share is NT$26.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Cell Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Excel Cell Electronic Co (TPE:2483) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.06, compared to a current price of NT$35.70 — trading 48.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$26.89. Excel Cell Electronic Co's overall GF Score™ is 65/100 with 5 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 Excel Cell Electronic Co (TPE:2483), the current Cyclically Adjusted Book per Share is NT$26.89 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 Excel Cell Electronic Co (TPE:2483) Overvalued in 2026?

Based on GuruFocus' analysis, Excel Cell Electronic Co stock appears to be overvalued. The current stock price of NT$35.70 is trading 48.4% above its estimated GF Value™ of NT$24.06. GuruFocus considers Excel Cell Electronic Co to be Significantly Overvalued.

Key valuation signals for TPE:2483:

  • Cyclically Adjusted Book per Share: NT$26.89
  • GF Value™: NT$24.06 vs. price of NT$35.70 (48.4% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the TPE:2483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excel Cell Electronic Co Business Description

Address No. 20, Gongyequ 25th road, Nantun District, Taichung, TWN, 408216
Excel Cell Electronic Co Ltd is engaged in the manufacture and sale of electronic components such as programmable switches, relays, terminal blocks, and lead frames, as well as the processing and sale of various batteries, which are also their sales items. Its products are the main components for computer and communication equipment. The segment includes: the Taiwan Company, China Subsidiaries, and others segment. Product-wise, the firm generates the majority of its revenue from Semiconductors, followed by Electronic Components, Stepping Motor, and Relays.
65GF Score

Get the complete analysis for TPE:2483

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

NT$35.70
Price
NT$24.06
GF Value