Fubon Financial Holdings Co (TPE:2881) Cyclically Adjusted Book per Share: NT$ (As of Jun. 2026)

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TPE:2881 Fubon Financial Holdings Co Ltd TPE:2881
62 GF Score
Price NT$154.50
GF Value NT$107.85
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Fubon Financial Holdings Co Cyclically Adjusted Book per Share?

Fubon Financial Holdings Co TPE:2881 -0.66% 62 Cyclically Adjusted Book per Share is NT$ as of Jun. 2026. GuruFocus rates TPE:2881 with a GF Score™ of 62/100 and a GF Value™ of NT$107.85 (Significantly Overvalued). The stock has 8 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.

Fubon Financial Holdings Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$90.531. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$ for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fubon Financial Holdings Co's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 Fubon Financial Holdings Co was 12.90% per year. The lowest was 8.20% per year. And the median was 12.50% per year.

As of today (2026-09-22), Fubon Financial Holdings Co's current stock price is NT$154.50. Fubon Financial Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$. Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fubon Financial Holdings Co was 2.68. The lowest was 0.91. And the median was 1.26.


Fubon Financial Holdings Co  (TPE:2881) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fubon Financial Holdings Co was 2.68. The lowest was 0.91. And the median was 1.26.


Be Aware

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


Fubon Financial Holdings Co Cyclically Adjusted Book per Share Related Terms


Fubon Financial Holdings Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fubon Financial Holdings 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.

Fubon Financial Holdings Co Cyclically Adjusted Book per Share Chart

Fubon Financial Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Fubon Financial Holdings Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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TPE:2881 vs MET, AFL, PRU: Cyclically Adjusted Book per Share Comparison

For the Insurance - Life subindustry, Fubon Financial Holdings 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.


Fubon Financial Holdings Co Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio falls into.


TPE:2881
62GF Score
Fubon Financial Holdings Co Ltd TPE:2881
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fubon Financial Holdings 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, Fubon Financial Holdings 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)
=90.531/333.9520*333.9520
=90.531

Current CPI (Jun. 2026) = 333.9520.

Fubon Financial Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.717 241.428 48.022
201612 31.277 241.432 43.263
201703 31.986 243.801 43.814
201706 32.794 244.955 44.709
201709 34.599 246.819 46.813
201712 35.858 246.524 48.575
201803 38.110 249.554 50.999
201806 36.635 251.989 48.551
201809 37.995 252.439 50.264
201812 33.881 251.233 45.036
201903 39.782 254.202 52.263
201906 41.058 256.143 53.530
201909 43.150 256.759 56.123
201912 45.086 256.974 58.592
202003 37.283 258.115 48.237
202006 44.230 257.797 57.296
202009 48.978 260.280 62.841
202012 56.755 260.474 72.765
202103 62.391 264.877 78.661
202106 64.319 271.696 79.057
202109 64.759 274.310 78.839
202112 69.095 278.802 82.763
202203 62.682 287.504 72.809
202206 44.993 296.311 50.709
202209 39.774 296.808 44.752
202212 39.808 296.797 44.791
202303 50.416 301.836 55.780
202306 52.523 305.109 57.488
202309 52.428 307.789 56.885
202312 57.156 306.746 62.225
202403 63.862 312.332 68.283
202406 66.872 314.175 71.082
202409 67.158 315.301 71.131
202412 67.807 315.605 71.749
202503 68.822 319.799 71.868
202506 57.656 322.561 59.692
202509 68.905 324.800 70.847
202512 70.092 324.054 72.233
202603 72.726 330.213 73.549
202606 90.531 333.952 90.531

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$ mean?
Fubon Financial Holdings Co (TPE:2881) has a Cyclically Adjusted Book per Share of NT$ 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 Fubon Financial Holdings Co and its competitors.
Is Fubon Financial Holdings Co's Cyclically Adjusted Book per Share too high?
Fubon Financial Holdings Co's current Cyclically Adjusted Book per Share is NT$. Overall, Fubon Financial Holdings Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fubon Financial Holdings Co's Cyclically Adjusted Book per Share compare to MET and AFL?
Fubon Financial Holdings Co's Cyclically Adjusted Book per Share of NT$ can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 Fubon Financial Holdings Co and its competitors. Fubon Financial Holdings Co's current Cyclically Adjusted Book per Share is NT$. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fubon Financial Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Fubon Financial Holdings Co (TPE:2881) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$107.85, compared to a current price of NT$154.50 — trading 43.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$. Fubon Financial Holdings Co's overall GF Score™ is 62/100 with 8 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 Fubon Financial Holdings Co (TPE:2881), the current Cyclically Adjusted Book per Share is NT$ 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 Fubon Financial Holdings Co (TPE:2881) Overvalued in 2026?

Based on GuruFocus' analysis, Fubon Financial Holdings Co stock appears to be overvalued. The current stock price of NT$154.50 is trading 43.3% above its estimated GF Value™ of NT$107.85. GuruFocus considers Fubon Financial Holdings Co to be Significantly Overvalued.

Key valuation signals for TPE:2881:

  • Cyclically Adjusted Book per Share: NT$
  • GF Value™: NT$107.85 vs. price of NT$154.50 (43.3% above fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the TPE:2881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fubon Financial Holdings Co Business Description

Address No. 179, Liaoning Street, 15-16th Floor, Zhongshan District, Taipei, TWN, 104
Fubon Financial Holdings Co Ltd is a full-service financial holding company. Along with its subsidiaries, the company operates in the following reportable segments: Bank business, Insurance business, Life insurance business, Securities business, and Others. It generates maximum revenue from the Life Insurance business segment, which provides a variety of life and property insurance services. In addition to its reportable businesses, the group is also engaged in financial holding, venture capital, and asset management businesses. Geographically, it generates maximum revenue from Taiwan, followed by other Asian regions, and other markets.
62GF Score

Get the complete analysis for TPE:2881

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

NT$154.50
Price
NT$107.85
GF Value