Wah Lee Industrial (TPE:3010) Cyclically Adjusted Book per Share: NT$69.60 (As of Dec. 2025)


TPE:3010 Wah Lee Industrial Corp TPE:3010
74 GF Score
Price NT$122.50
GF Value NT$112.77
Valuation Fairly Valued
! 8 Warning Signs
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What is Wah Lee Industrial Cyclically Adjusted Book per Share?

Wah Lee Industrial TPE:3010 -0.81% 74 Cyclically Adjusted Book per Share is NT$69.60 as of Dec. 2025. GuruFocus rates TPE:3010 with a GF Score™ of 74/100 and a GF Value™ of NT$112.77 (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.

Wah Lee Industrial's adjusted book value per share for the three months ended in Dec. 2025 was NT$92.036. 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$69.60 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Wah Lee Industrial's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Wah Lee Industrial was 10.80% per year. The lowest was 7.30% per year. And the median was 9.20% per year.

As of today (2026-07-08), Wah Lee Industrial's current stock price is NT$122.50. Wah Lee Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$69.60. Wah Lee Industrial's Cyclically Adjusted PB Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wah Lee Industrial was 2.38. The lowest was 1.03. And the median was 1.61.


Wah Lee Industrial  (TPE:3010) 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.

Wah Lee Industrial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=122.50/69.60
=1.76

* 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 Wah Lee Industrial was 2.38. The lowest was 1.03. And the median was 1.61.


Be Aware

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


Wah Lee Industrial Cyclically Adjusted Book per Share Related Terms


Wah Lee Industrial Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Wah Lee Industrial'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.

Wah Lee Industrial Cyclically Adjusted Book per Share Chart

Wah Lee Industrial 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 49.56 55.49 59.95 64.92 69.60

Wah Lee Industrial 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 64.92 66.44 67.66 68.88 69.60

TPE:3010 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Wah Lee Industrial'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.


Wah Lee Industrial Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Wah Lee Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wah Lee Industrial's Cyclically Adjusted PB Ratio falls into.


TPE:3010
74GF Score
Wah Lee Industrial Corp TPE:3010
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wah Lee Industrial 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, Wah Lee Industrial'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)
=92.036/324.0540*324.0540
=92.036

Current CPI (Dec. 2025) = 324.0540.

Wah Lee Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201603 42.871 238.132 58.340
201606 40.609 241.018 54.600
201609 40.955 241.428 54.971
201612 41.887 241.432 56.221
201703 42.385 243.801 56.337
201706 41.413 244.955 54.786
201709 43.577 246.819 57.213
201712 45.701 246.524 60.074
201803 46.548 249.554 60.444
201806 44.952 251.989 57.808
201809 45.405 252.439 58.286
201812 46.885 251.233 60.475
201903 48.883 254.202 62.316
201906 46.692 256.143 59.071
201909 47.597 256.759 60.072
201912 48.492 256.974 61.150
202003 48.987 258.115 61.501
202006 47.876 257.797 60.181
202009 50.834 260.280 63.289
202012 54.564 260.474 67.883
202103 58.840 264.877 71.986
202106 61.029 271.696 72.790
202109 60.221 274.310 71.142
202112 66.513 278.802 77.309
202203 71.140 287.504 80.184
202206 66.087 296.311 72.275
202209 69.267 296.808 75.625
202212 70.994 296.797 77.514
202303 68.500 301.836 73.542
202306 71.617 305.109 76.064
202309 76.592 307.789 80.639
202312 78.701 306.746 83.142
202403 79.595 312.332 82.582
202406 82.866 314.175 85.472
202409 85.745 315.301 88.125
202412 86.872 315.605 89.198
202503 83.070 319.799 84.175
202506 78.754 322.561 79.119
202509 86.315 324.800 86.117
202512 92.036 324.054 92.036

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$69.60 mean?
Wah Lee Industrial (TPE:3010) has a Cyclically Adjusted Book per Share of NT$69.60 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 Wah Lee Industrial and its competitors.
Is Wah Lee Industrial's Cyclically Adjusted Book per Share too high?
Wah Lee Industrial's current Cyclically Adjusted Book per Share is NT$69.60. Overall, Wah Lee Industrial has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wah Lee Industrial's Cyclically Adjusted Book per Share compare to SNX and ARW?
Wah Lee Industrial's Cyclically Adjusted Book per Share of NT$69.60 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Wah Lee Industrial and its competitors. Wah Lee Industrial's current Cyclically Adjusted Book per Share is NT$69.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Lee Industrial stock overvalued right now?
Based on GuruFocus' analysis, Wah Lee Industrial (TPE:3010) is currently considered Fairly Valued. The stock's GF Value™ is NT$112.77, compared to a current price of NT$122.50 — trading 8.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$69.60. Wah Lee Industrial's overall GF Score™ is 74/100 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 Wah Lee Industrial (TPE:3010), the current Cyclically Adjusted Book per Share is NT$69.60 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 Wah Lee Industrial (TPE:3010) Overvalued in 2026?

Based on GuruFocus' analysis, Wah Lee Industrial stock appears to be overvalued. The current stock price of NT$122.50 is trading 8.6% above its estimated GF Value™ of NT$112.77. GuruFocus considers Wah Lee Industrial to be Fairly Valued.

Key valuation signals for TPE:3010:

  • Cyclically Adjusted Book per Share: NT$69.60
  • GF Value™: NT$112.77 vs. price of NT$122.50 (8.6% above fair value)
  • GF Score™: 74/100 with 8 warning signs

No single metric tells the full story. See the TPE:3010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wah Lee Industrial Business Description

Address Zhongzheng 4th Road, No. 235, 10th Floor, Qianjin District, Kaohsiung, TWN, 810
Wah Lee Industrial Corp is engaged in the import/export and agency business of composite materials, engineering plastic, printed circuit board, semiconductor, and computer-related manufacturing materials and equipment. Its segments include Wah Lee Industrial Corporation (Wah Lee) is mainly engaged in the import/export and agency business of composite materials, engineering plastic, printed circuit board, semiconductor, and computer related manufacturing materials and equipment; Raycong H.K., Dong Guan Hua Gang and its subsidiary (Raycong) are mainly engaged in the trade of engineering plastic, composite materials and equipment; Shanghai Yi Kang and its subsidiary (Yi Kang) are mainly engaged in trade of manufacturing materials and import/export business; and Others.
74GF Score

Get the complete analysis for TPE:3010

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

NT$122.50
Price
NT$112.77
GF Value