Delpha Construction Co (TPE:2530) Cyclically Adjusted Book per Share: NT$14.02 (As of Dec. 2025)


TPE:2530 Delpha Construction Co Ltd TPE:2530
58 GF Score
Price NT$19.55
GF Value NT$59.80
Valuation Possible Value Trap
! 6 Warning Signs
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What is Delpha Construction Co Cyclically Adjusted Book per Share?

Delpha Construction Co TPE:2530 -0.26% 58 Cyclically Adjusted Book per Share is NT$14.02 as of Dec. 2025. GuruFocus rates TPE:2530 with a GF Score™ of 58/100 and a GF Value™ of NT$59.80 (Possible Value Trap). 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.

Delpha Construction Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$12.007. 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$14.02 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Delpha Construction Co's average Cyclically Adjusted Book Growth Rate was 1.30% 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 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 Delpha Construction Co was 3.80% per year. The lowest was 1.70% per year. And the median was 3.00% per year.

As of today (2026-07-09), Delpha Construction Co's current stock price is NT$19.55. Delpha Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$14.02. Delpha Construction Co's Cyclically Adjusted PB Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Delpha Construction Co was 3.99. The lowest was 1.07. And the median was 1.38.


Delpha Construction Co  (TPE:2530) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.55/14.02
=1.39

* 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 Delpha Construction Co was 3.99. The lowest was 1.07. And the median was 1.38.


Be Aware

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


Delpha Construction Co Cyclically Adjusted Book per Share Related Terms


Delpha Construction Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Delpha Construction 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.

Delpha Construction Co Cyclically Adjusted Book per Share Chart

Delpha Construction 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 12.75 13.33 13.56 13.84 14.02

Delpha Construction 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 13.84 13.99 14.10 14.17 14.02

TPE:2530 vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Delpha Construction 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.


Delpha Construction Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Delpha Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:2530
58GF Score
Delpha Construction Co Ltd TPE:2530
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delpha Construction 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, Delpha Construction 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)
=12.007/324.0540*324.0540
=12.007

Current CPI (Dec. 2025) = 324.0540.

Delpha Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 14.139 238.132 19.241
201606 12.448 241.018 16.737
201609 12.372 241.428 16.606
201612 12.187 241.432 16.358
201703 12.081 243.801 16.058
201706 11.353 244.955 15.019
201709 14.077 246.819 18.482
201712 11.158 246.524 14.667
201803 11.184 249.554 14.523
201806 11.213 251.989 14.420
201809 11.325 252.439 14.538
201812 11.258 251.233 14.521
201903 11.190 254.202 14.265
201906 10.864 256.143 13.744
201909 10.823 256.759 13.660
201912 10.719 256.974 13.517
202003 10.638 258.115 13.356
202006 10.497 257.797 13.195
202009 10.419 260.280 12.972
202012 11.806 260.474 14.688
202103 11.769 264.877 14.398
202106 11.708 271.696 13.964
202109 11.677 274.310 13.795
202112 11.646 278.802 13.536
202203 11.707 287.504 13.195
202206 11.750 296.311 12.850
202209 11.797 296.808 12.880
202212 12.236 296.797 13.360
202303 11.814 301.836 12.684
202306 11.794 305.109 12.526
202309 11.769 307.789 12.391
202312 12.435 306.746 13.137
202403 12.128 312.332 12.583
202406 12.541 314.175 12.935
202409 12.610 315.301 12.960
202412 12.500 315.605 12.835
202503 12.101 319.799 12.262
202506 13.033 322.561 13.093
202509 12.746 324.800 12.717
202512 12.007 324.054 12.007

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$14.02 mean?
Delpha Construction Co (TPE:2530) has a Cyclically Adjusted Book per Share of NT$14.02 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 Delpha Construction Co and its competitors.
Is Delpha Construction Co's Cyclically Adjusted Book per Share too high?
Delpha Construction Co's current Cyclically Adjusted Book per Share is NT$14.02. Overall, Delpha Construction Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delpha Construction Co's Cyclically Adjusted Book per Share compare to PWR and FIX?
Delpha Construction Co's Cyclically Adjusted Book per Share of NT$14.02 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Delpha Construction Co and its competitors. Delpha Construction Co's current Cyclically Adjusted Book per Share is NT$14.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delpha Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Delpha Construction Co (TPE:2530) is currently considered Possible Value Trap. The stock's GF Value™ is NT$59.80, compared to a current price of NT$19.55 — trading 67.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$14.02. Delpha Construction Co's overall GF Score™ is 58/100 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 Delpha Construction Co (TPE:2530), the current Cyclically Adjusted Book per Share is NT$14.02 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 Delpha Construction Co (TPE:2530) Overvalued in 2026?

Based on GuruFocus' analysis, Delpha Construction Co stock appears to be undervalued. The current stock price of NT$19.55 is trading 67.3% below its estimated GF Value™ of NT$59.80. GuruFocus considers Delpha Construction Co to be Possible Value Trap.

Key valuation signals for TPE:2530:

  • Cyclically Adjusted Book per Share: NT$14.02
  • GF Value™: NT$59.80 vs. price of NT$19.55 (67.3% below fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the TPE:2530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delpha Construction Co Business Description

Address Chenggong Road, 16th Floor, No. 460, Section 5, Neihu District, Taipei, TWN, 11490
Delpha Construction Co Ltd is engaged in building commercial buildings by commissioning construction building companies, selling and leasing of public housing, development of specific professional areas, interior decoration, property rent/sale real estate agency, and the operation of and investment in related businesses. It has three reportable operating segments as follows: Construction Department, Movable and Immovable Property Investment and Development Department, and Building Department. The majority of revenue is derived from the Construction Department, which is mainly responsible for entrusting construction contractors and developing public residential housing and commercial buildings for lease or sale.
58GF Score

Get the complete analysis for TPE:2530

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

NT$19.55
Price
NT$59.80
GF Value