T3EX Global Holdings (TPE:2636) Cyclically Adjusted Book per Share: NT$47.74 (As of Dec. 2025)


TPE:2636 T3EX Global Holdings Corp TPE:2636
69 GF Score
Price NT$70.50
GF Value NT$73.09
Valuation Fairly Valued
! 6 Warning Signs
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What is T3EX Global Holdings Cyclically Adjusted Book per Share?

T3EX Global Holdings TPE:2636 -0.42% 69 Cyclically Adjusted Book per Share is NT$47.74 as of Dec. 2025. GuruFocus rates TPE:2636 with a GF Score™ of 69/100 and a GF Value™ of NT$73.09 (Fairly Valued). 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.

T3EX Global Holdings's adjusted book value per share for the three months ended in Dec. 2025 was NT$71.857. 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$47.74 for the trailing ten years ended in Dec. 2025.

During the past 12 months, T3EX Global Holdings's average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.00% 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 T3EX Global Holdings was 24.20% per year. The lowest was 15.10% per year. And the median was 19.70% per year.

As of today (2026-07-09), T3EX Global Holdings's current stock price is NT$70.50. T3EX Global Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$47.74. T3EX Global Holdings's Cyclically Adjusted PB Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of T3EX Global Holdings was 14.13. The lowest was 0.96. And the median was 2.11.


T3EX Global Holdings  (TPE:2636) 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.

T3EX Global Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=70.50/47.74
=1.48

* 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 T3EX Global Holdings was 14.13. The lowest was 0.96. And the median was 2.11.


Be Aware

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


T3EX Global Holdings Cyclically Adjusted Book per Share Related Terms


T3EX Global Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for T3EX Global Holdings'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.

T3EX Global Holdings Cyclically Adjusted Book per Share Chart

T3EX Global Holdings 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 24.46 31.32 36.71 42.37 47.74

T3EX Global Holdings 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 42.37 44.12 45.49 46.75 47.74

TPE:2636 vs UPS, FDX, JBHT: Cyclically Adjusted Book per Share Comparison

For the Integrated Freight & Logistics subindustry, T3EX Global Holdings'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.


T3EX Global Holdings Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, T3EX Global Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T3EX Global Holdings's Cyclically Adjusted PB Ratio falls into.


TPE:2636
69GF Score
T3EX Global Holdings Corp TPE:2636
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T3EX Global Holdings 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, T3EX Global Holdings'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)
=71.857/324.0540*324.0540
=71.857

Current CPI (Dec. 2025) = 324.0540.

T3EX Global Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 20.177 238.132 27.457
201606 18.667 241.018 25.098
201609 18.374 241.428 24.662
201612 18.421 241.432 24.725
201703 18.007 243.801 23.934
201706 17.950 244.955 23.746
201709 18.698 246.819 24.549
201712 18.737 246.524 24.630
201803 19.991 249.554 25.959
201806 19.575 251.989 25.173
201809 19.955 252.439 25.616
201812 20.900 251.233 26.958
201903 21.549 254.202 27.470
201906 19.917 256.143 25.198
201909 20.213 256.759 25.511
201912 20.284 256.974 25.579
202003 20.052 258.115 25.175
202006 19.904 257.797 25.020
202009 21.873 260.280 27.232
202012 27.092 260.474 33.705
202103 30.648 264.877 37.495
202106 57.325 271.696 68.372
202109 61.546 274.310 72.707
202112 70.675 278.802 82.146
202203 79.569 287.504 89.685
202206 67.385 296.311 73.694
202209 68.584 296.808 74.880
202212 63.691 296.797 69.540
202303 60.425 301.836 64.873
202306 62.242 305.109 66.107
202309 63.249 307.789 66.591
202312 62.930 306.746 66.481
202403 63.413 312.332 65.793
202406 70.281 314.175 72.491
202409 67.928 315.301 69.814
202412 73.466 315.605 75.433
202503 73.102 319.799 74.075
202506 64.171 322.561 64.468
202509 65.691 324.800 65.540
202512 71.857 324.054 71.857

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$47.74 mean?
T3EX Global Holdings (TPE:2636) has a Cyclically Adjusted Book per Share of NT$47.74 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 T3EX Global Holdings and its competitors.
Is T3EX Global Holdings' Cyclically Adjusted Book per Share too high?
T3EX Global Holdings' current Cyclically Adjusted Book per Share is NT$47.74. Overall, T3EX Global Holdings has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does T3EX Global Holdings' Cyclically Adjusted Book per Share compare to UPS and FDX?
T3EX Global Holdings' Cyclically Adjusted Book per Share of NT$47.74 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 T3EX Global Holdings and its competitors. T3EX Global Holdings's current Cyclically Adjusted Book per Share is NT$47.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T3EX Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, T3EX Global Holdings (TPE:2636) is currently considered Fairly Valued. The stock's GF Value™ is NT$73.09, compared to a current price of NT$70.50 — trading 3.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$47.74. T3EX Global Holdings' overall GF Score™ is 69/100 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 T3EX Global Holdings (TPE:2636), the current Cyclically Adjusted Book per Share is NT$47.74 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 T3EX Global Holdings (TPE:2636) Overvalued in 2026?

Based on GuruFocus' analysis, T3EX Global Holdings stock appears to be undervalued. The current stock price of NT$70.50 is trading 3.5% below its estimated GF Value™ of NT$73.09. GuruFocus considers T3EX Global Holdings to be Fairly Valued.

Key valuation signals for TPE:2636:

  • Cyclically Adjusted Book per Share: NT$47.74
  • GF Value™: NT$73.09 vs. price of NT$70.50 (3.5% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the TPE:2636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T3EX Global Holdings Business Description

Address Zhongxiao East Road, Xinyi District, 12th Floor, No. 563, Section 4, Taipei, TWN, 11072
T3EX Global Holdings Corp is a provider of freight and logistics services. It provides services like sea, and air freight forwarding, distribution, packaging, warehousing, logistics, and customs clearance. The Company's reportable operating segments are the sea forwarding, air forwarding segments and freight forwarding. The majority of revenue is derived from the sea export segment.
69GF Score

Get the complete analysis for TPE:2636

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

NT$70.50
Price
NT$73.09
GF Value