Zero One Technology Co (TPE:3029) Cyclically Adjusted Book per Share: NT$25.38 (As of Dec. 2025)


TPE:3029 Zero One Technology Co Ltd TPE:3029
97 GF Score
Price NT$103.50
GF Value NT$131.17
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zero One Technology Co Cyclically Adjusted Book per Share?

Zero One Technology Co TPE:3029 +0.98% 97 Cyclically Adjusted Book per Share is NT$25.38 as of Dec. 2025. GuruFocus rates TPE:3029 with a GF Score™ of 97/100 and a GF Value™ of NT$131.17 (Modestly Undervalued). The stock has 3 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.

Zero One Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$34.424. 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$25.38 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Zero One Technology Co's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% 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 Zero One Technology Co was 9.30% per year. The lowest was 7.60% per year. And the median was 8.30% per year.

As of today (2026-07-07), Zero One Technology Co's current stock price is NT$103.50. Zero One Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$25.38. Zero One Technology Co's Cyclically Adjusted PB Ratio of today is 4.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zero One Technology Co was 6.64. The lowest was 1.67. And the median was 2.73.


Zero One Technology Co  (TPE:3029) 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.

Zero One Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=103.50/25.38
=4.08

* 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 Zero One Technology Co was 6.64. The lowest was 1.67. And the median was 2.73.


Be Aware

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


Zero One Technology Co Cyclically Adjusted Book per Share Related Terms


Zero One Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Zero One Technology 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.

Zero One Technology Co Cyclically Adjusted Book per Share Chart

Zero One Technology 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 18.48 20.40 21.88 23.59 25.38

Zero One Technology 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 23.59 24.15 24.63 25.11 25.38

TPE:3029 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Zero One Technology 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.


Zero One Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Zero One Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zero One Technology Co's Cyclically Adjusted PB Ratio falls into.


TPE:3029
97GF Score
Zero One Technology Co Ltd TPE:3029
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero One Technology 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, Zero One Technology 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)
=34.424/324.0540*324.0540
=34.424

Current CPI (Dec. 2025) = 324.0540.

Zero One Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 15.704 238.132 21.370
201606 15.075 241.018 20.269
201609 15.806 241.428 21.215
201612 16.338 241.432 21.929
201703 16.456 243.801 21.873
201706 15.652 244.955 20.706
201709 16.365 246.819 21.486
201712 16.778 246.524 22.055
201803 17.442 249.554 22.649
201806 16.640 251.989 21.399
201809 17.094 252.439 21.943
201812 17.622 251.233 22.730
201903 18.378 254.202 23.428
201906 17.613 256.143 22.283
201909 18.076 256.759 22.814
201912 19.149 256.974 24.148
202003 19.726 258.115 24.765
202006 19.161 257.797 24.086
202009 19.957 260.280 24.847
202012 20.855 260.474 25.946
202103 19.282 264.877 23.590
202106 19.891 271.696 23.724
202109 21.285 274.310 25.145
202112 25.717 278.802 29.891
202203 23.040 287.504 25.969
202206 23.811 296.311 26.040
202209 24.916 296.808 27.203
202212 25.800 296.797 28.169
202303 23.429 301.836 25.154
202306 24.639 305.109 26.169
202309 25.747 307.789 27.108
202312 26.791 306.746 28.303
202403 24.381 312.332 25.296
202406 26.030 314.175 26.848
202409 31.571 315.301 32.447
202412 33.177 315.605 34.065
202503 29.463 319.799 29.855
202506 31.056 322.561 31.200
202509 32.740 324.800 32.665
202512 34.424 324.054 34.424

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$25.38 mean?
Zero One Technology Co (TPE:3029) has a Cyclically Adjusted Book per Share of NT$25.38 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 Zero One Technology Co and its competitors.
Is Zero One Technology Co's Cyclically Adjusted Book per Share too high?
Zero One Technology Co's current Cyclically Adjusted Book per Share is NT$25.38. Overall, Zero One Technology Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zero One Technology Co's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Zero One Technology Co's Cyclically Adjusted Book per Share of NT$25.38 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 Zero One Technology Co and its competitors. Zero One Technology Co's current Cyclically Adjusted Book per Share is NT$25.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero One Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zero One Technology Co (TPE:3029) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$131.17, compared to a current price of NT$103.50 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$25.38. Zero One Technology Co's overall GF Score™ is 97/100 with 3 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 Zero One Technology Co (TPE:3029), the current Cyclically Adjusted Book per Share is NT$25.38 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 Zero One Technology Co (TPE:3029) Overvalued in 2026?

Based on GuruFocus' analysis, Zero One Technology Co stock appears to be undervalued. The current stock price of NT$103.50 is trading 21.1% below its estimated GF Value™ of NT$131.17. GuruFocus considers Zero One Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:3029:

  • Cyclically Adjusted Book per Share: NT$25.38
  • GF Value™: NT$131.17 vs. price of NT$103.50 (21.1% below fair value)
  • GF Score™: 97/100 with 3 warning signs

No single metric tells the full story. See the TPE:3029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero One Technology Co Business Description

Address Lane 360, Neihu Road, Section 1, No. 8, 10th Floor, Neihu District, Taipei, TWN
Zero One Technology Co Ltd is engaged in the design, manufacturing, packaging, selling, consulting, and services of electronic information, computer software, hardware, accessories, components, and chinese data processing. It provides complete enterprise IT solutions covering AI-enabled IT infrastructure, cloud computing and services, cybersecurity resilience, and AI applications. These solutions help enterprises improve system performance, strengthen cybersecurity, optimize cloud management, and accelerate the implementation of AI applications. The Group's operating segments are: The brand agent business, which generates maximum revenue, and Other. Geographically, it derives maximum revenue from Taiwan, and the rest from other regions.
97GF Score

Get the complete analysis for TPE:3029

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

NT$103.50
Price
NT$131.17
GF Value