National Aerospace Fasteners (TPE:3004) Cyclically Adjusted Book per Share: NT$43.65 (As of Jun. 2026)

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TPE:3004 National Aerospace Fasteners Corp TPE:3004
87 GF Score
Price NT$119.00
GF Value NT$131.65
Valuation Modestly Undervalued
! 5 Warning Signs
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What is National Aerospace Fasteners Cyclically Adjusted Book per Share?

National Aerospace Fasteners TPE:3004 -2.06% 87 Cyclically Adjusted Book per Share is NT$43.65 as of Jun. 2026. GuruFocus rates TPE:3004 with a GF Score™ of 87/100 and a GF Value™ of NT$131.65 (Modestly Undervalued). 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.

National Aerospace Fasteners's adjusted book value per share for the three months ended in Jun. 2026 was NT$58.635. 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$43.65 for the trailing ten years ended in Jun. 2026.

During the past 12 months, National Aerospace Fasteners's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 National Aerospace Fasteners was 11.80% per year. The lowest was 8.50% per year. And the median was 10.60% per year.

As of today (2026-08-29), National Aerospace Fasteners's current stock price is NT$119.00. National Aerospace Fasteners's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$43.65. National Aerospace Fasteners's Cyclically Adjusted PB Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National Aerospace Fasteners was 4.36. The lowest was 1.66. And the median was 2.48.


National Aerospace Fasteners  (TPE:3004) 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.

National Aerospace Fasteners's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=119.00/43.65
=2.73

* 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 National Aerospace Fasteners was 4.36. The lowest was 1.66. And the median was 2.48.


Be Aware

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


National Aerospace Fasteners Cyclically Adjusted Book per Share Related Terms


National Aerospace Fasteners Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for National Aerospace Fasteners'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.

National Aerospace Fasteners Cyclically Adjusted Book per Share Chart

National Aerospace Fasteners 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 28.89 32.31 35.05 38.29 41.25

National Aerospace Fasteners 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 40.05 40.77 41.25 42.56 43.65

TPE:3004 vs SNA, RBC, SWK: Cyclically Adjusted Book per Share Comparison

For the Tools & Accessories subindustry, National Aerospace Fasteners'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.


National Aerospace Fasteners Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, National Aerospace Fasteners's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where National Aerospace Fasteners's Cyclically Adjusted PB Ratio falls into.


TPE:3004
87GF Score
National Aerospace Fasteners Corp TPE:3004
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Aerospace Fasteners 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, National Aerospace Fasteners'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)
=58.635/333.9520*333.9520
=58.635

Current CPI (Jun. 2026) = 333.9520.

National Aerospace Fasteners Quarterly Data

Book Value per Share CPI Adj_Book
201609 25.521 241.428 35.302
201612 26.604 241.432 36.799
201703 26.914 243.801 36.866
201706 26.348 244.955 35.921
201709 27.526 246.819 37.243
201712 28.425 246.524 38.506
201803 29.619 249.554 39.636
201806 28.976 251.989 38.401
201809 30.189 252.439 39.937
201812 31.923 251.233 42.434
201903 33.505 254.202 44.016
201906 32.666 256.143 42.589
201909 34.347 256.759 44.673
201912 35.665 256.974 46.349
202003 34.511 258.115 44.651
202006 34.789 257.797 45.066
202009 34.881 260.280 44.754
202012 34.880 260.474 44.719
202103 34.038 264.877 42.914
202106 33.264 271.696 40.886
202109 32.753 274.310 39.874
202112 33.037 278.802 39.572
202203 32.882 287.504 38.194
202206 33.760 296.311 38.049
202209 34.888 296.808 39.254
202212 36.260 296.797 40.799
202303 36.647 301.836 40.546
202306 38.241 305.109 41.856
202309 40.967 307.789 44.449
202312 41.824 306.746 45.533
202403 42.233 312.332 45.156
202406 44.516 314.175 47.318
202409 46.289 315.301 49.027
202412 48.289 315.605 51.096
202503 47.628 319.799 49.736
202506 47.199 322.561 48.866
202509 49.225 324.800 50.612
202512 56.631 324.054 58.361
202603 56.577 330.213 57.218
202606 58.635 333.952 58.635

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$43.65 mean?
National Aerospace Fasteners (TPE:3004) has a Cyclically Adjusted Book per Share of NT$43.65 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 National Aerospace Fasteners and its competitors.
Is National Aerospace Fasteners' Cyclically Adjusted Book per Share too high?
National Aerospace Fasteners' current Cyclically Adjusted Book per Share is NT$43.65. Overall, National Aerospace Fasteners has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Aerospace Fasteners' Cyclically Adjusted Book per Share compare to SNA and RBC?
National Aerospace Fasteners' Cyclically Adjusted Book per Share of NT$43.65 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 National Aerospace Fasteners and its competitors. National Aerospace Fasteners's current Cyclically Adjusted Book per Share is NT$43.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Aerospace Fasteners stock overvalued right now?
Based on GuruFocus' analysis, National Aerospace Fasteners (TPE:3004) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$131.65, compared to a current price of NT$119.00 — trading 9.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$43.65. National Aerospace Fasteners' overall GF Score™ is 87/100 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 National Aerospace Fasteners (TPE:3004), the current Cyclically Adjusted Book per Share is NT$43.65 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 National Aerospace Fasteners (TPE:3004) Overvalued in 2026?

Based on GuruFocus' analysis, National Aerospace Fasteners stock appears to be undervalued. The current stock price of NT$119.00 is trading 9.6% below its estimated GF Value™ of NT$131.65. GuruFocus considers National Aerospace Fasteners to be Modestly Undervalued.

Key valuation signals for TPE:3004:

  • Cyclically Adjusted Book per Share: NT$43.65
  • GF Value™: NT$131.65 vs. price of NT$119.00 (9.6% below fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the TPE:3004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Aerospace Fasteners Business Description

Address No. 1, Taiping East Road, Pingzhen District, Taoyuan, TWN, 324026
National Aerospace Fasteners Corp engages in the manufacture, processing, agency, trading of various types of fasteners and construction parts and related components of aircraft and automobiles. Aerospace and Industrial products are reportable segments of the company. Majority of the its revenue is being generated from Aerospace segment.
87GF Score

Get the complete analysis for TPE:3004

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

NT$119.00
Price
NT$131.65
GF Value