KGI Financial Holding Co (TPE:2883) Cyclically Adjusted Book per Share: NT$15.36 (As of Dec. 2025)


TPE:2883 KGI Financial Holding Co Ltd TPE:2883
62 GF Score
Price NT$28.45
GF Value NT$26.92
Valuation Fairly Valued
! 8 Warning Signs
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What is KGI Financial Holding Co Cyclically Adjusted Book per Share?

KGI Financial Holding Co TPE:2883 +1.97% 62 Cyclically Adjusted Book per Share is NT$15.36 as of Dec. 2025. GuruFocus rates TPE:2883 with a GF Score™ of 62/100 and a GF Value™ of NT$26.92 (Fairly Valued). 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.

KGI Financial Holding Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$18.355. 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$15.36 for the trailing ten years ended in Dec. 2025.

During the past 12 months, KGI Financial Holding Co's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 KGI Financial Holding Co was 5.50% per year. The lowest was 3.70% per year. And the median was 4.10% per year.

As of today (2026-07-05), KGI Financial Holding Co's current stock price is NT$28.45. KGI Financial Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$15.36. KGI Financial Holding Co's Cyclically Adjusted PB Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KGI Financial Holding Co was 2.00. The lowest was 0.61. And the median was 0.93.


KGI Financial Holding Co  (TPE:2883) 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.

KGI Financial Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.45/15.36
=1.85

* 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 KGI Financial Holding Co was 2.00. The lowest was 0.61. And the median was 0.93.


Be Aware

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


KGI Financial Holding Co Cyclically Adjusted Book per Share Related Terms


KGI Financial Holding Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for KGI Financial Holding 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.

KGI Financial Holding Co Cyclically Adjusted Book per Share Chart

KGI Financial Holding 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 13.12 13.76 14.18 14.80 15.36

KGI Financial Holding 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 14.80 15.02 15.15 15.32 15.36

TPE:2883 vs AFL, MET, PRU: Cyclically Adjusted Book per Share Comparison

For the Insurance - Life subindustry, KGI Financial Holding 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.


KGI Financial Holding Co Cyclically Adjusted PB Ratio vs Insurance Industry

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

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


TPE:2883
62GF Score
KGI Financial Holding Co Ltd TPE:2883
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KGI Financial Holding 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, KGI Financial Holding 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)
=18.355/324.0540*324.0540
=18.355

Current CPI (Dec. 2025) = 324.0540.

KGI Financial Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 11.122 238.132 15.135
201606 10.687 241.018 14.369
201609 10.903 241.428 14.634
201612 11.048 241.432 14.829
201703 11.176 243.801 14.855
201706 10.878 244.955 14.391
201709 11.103 246.819 14.577
201712 11.483 246.524 15.094
201803 11.585 249.554 15.043
201806 10.990 251.989 14.133
201809 11.306 252.439 14.513
201812 10.858 251.233 14.005
201903 11.914 254.202 15.188
201906 12.398 256.143 15.685
201909 12.580 256.759 15.877
201912 12.726 256.974 16.048
202003 11.166 258.115 14.019
202006 12.018 257.797 15.107
202009 12.567 260.280 15.646
202012 13.520 260.474 16.820
202103 14.256 264.877 17.441
202106 14.916 271.696 17.790
202109 14.663 274.310 17.322
202112 16.089 278.802 18.700
202203 14.293 287.504 16.110
202206 9.847 296.311 10.769
202209 9.134 296.808 9.972
202212 11.334 296.797 12.375
202303 13.025 301.836 13.984
202306 13.688 305.109 14.538
202309 13.168 307.789 13.864
202312 14.527 306.746 15.347
202403 16.165 312.332 16.772
202406 16.594 314.175 17.116
202409 17.092 315.301 17.566
202412 17.161 315.605 17.620
202503 16.696 319.799 16.918
202506 14.615 322.561 14.683
202509 17.407 324.800 17.367
202512 18.355 324.054 18.355

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$15.36 mean?
KGI Financial Holding Co (TPE:2883) has a Cyclically Adjusted Book per Share of NT$15.36 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 KGI Financial Holding Co and its competitors.
Is KGI Financial Holding Co's Cyclically Adjusted Book per Share too high?
KGI Financial Holding Co's current Cyclically Adjusted Book per Share is NT$15.36. Overall, KGI Financial Holding Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KGI Financial Holding Co's Cyclically Adjusted Book per Share compare to AFL and MET?
KGI Financial Holding Co's Cyclically Adjusted Book per Share of NT$15.36 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 KGI Financial Holding Co and its competitors. KGI Financial Holding Co's current Cyclically Adjusted Book per Share is NT$15.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGI Financial Holding Co stock overvalued right now?
Based on GuruFocus' analysis, KGI Financial Holding Co (TPE:2883) is currently considered Fairly Valued. The stock's GF Value™ is NT$26.92, compared to a current price of NT$28.45 — trading 5.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$15.36. KGI Financial Holding 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 KGI Financial Holding Co (TPE:2883), the current Cyclically Adjusted Book per Share is NT$15.36 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 KGI Financial Holding Co (TPE:2883) Overvalued in 2026?

Based on GuruFocus' analysis, KGI Financial Holding Co stock appears to be overvalued. The current stock price of NT$28.45 is trading 5.7% above its estimated GF Value™ of NT$26.92. GuruFocus considers KGI Financial Holding Co to be Fairly Valued.

Key valuation signals for TPE:2883:

  • Cyclically Adjusted Book per Share: NT$15.36
  • GF Value™: NT$26.92 vs. price of NT$28.45 (5.7% above fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the TPE:2883 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KGI Financial Holding Co Business Description

Address No. 135, Dunhua N. Road, Songshan District, Taipei, TWN, 105
KGI Financial Holding Co Ltd is engages in financial holding, invests in and manages the businesses of finance-related institutions domestic and foreign approved by authorities and investees. It operates four segments: Commercial banking, Securities, Venture Capital and Insurance. Commercial banking engaged in consumer banking, corporate banking and market and financial institution. Securities engaged in wealth management business, trading business and investment banking business. Venture Capital engaged in investment business directly. Insurance department operates life insurance business based on the provisions of the insurance law. Key revenue is generated from Insurance segment.
62GF Score

Get the complete analysis for TPE:2883

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

NT$28.45
Price
NT$26.92
GF Value