Paragon Technologies Co (TPE:3518) Cyclically Adjusted Book per Share: NT$23.54 (As of Dec. 2025)


TPE:3518 Paragon Technologies Co Ltd TPE:3518
54 GF Score
Price NT$35.30
GF Value NT$19.87
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Paragon Technologies Co Cyclically Adjusted Book per Share?

Paragon Technologies Co TPE:3518 -2.08% 54 Cyclically Adjusted Book per Share is NT$23.54 as of Dec. 2025. GuruFocus rates TPE:3518 with a GF Score™ of 54/100 and a GF Value™ of NT$19.87 (Significantly Overvalued). The stock has 11 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.

Paragon Technologies Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$13.638. 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$23.54 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Paragon Technologies Co's average Cyclically Adjusted Book Growth Rate was -11.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.80% 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 Paragon Technologies Co was -4.00% per year. The lowest was -10.40% per year. And the median was -6.65% per year.

As of today (2026-07-08), Paragon Technologies Co's current stock price is NT$35.30. Paragon Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$23.54. Paragon Technologies Co's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paragon Technologies Co was 1.54. The lowest was 0.47. And the median was 0.85.


Paragon Technologies Co  (TPE:3518) 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.

Paragon Technologies Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.30/23.54
=1.50

* 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 Paragon Technologies Co was 1.54. The lowest was 0.47. And the median was 0.85.


Be Aware

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


Paragon Technologies Co Cyclically Adjusted Book per Share Related Terms


Paragon Technologies Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Paragon Technologies 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.

Paragon Technologies Co Cyclically Adjusted Book per Share Chart

Paragon Technologies 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 34.13 32.71 29.80 26.70 23.54

Paragon Technologies 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 26.70 26.04 25.31 24.50 23.54

TPE:3518 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Paragon Technologies 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.


Paragon Technologies Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Paragon Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Paragon Technologies Co's Cyclically Adjusted PB Ratio falls into.


TPE:3518
54GF Score
Paragon Technologies Co Ltd TPE:3518
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paragon Technologies 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, Paragon Technologies 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)
=13.638/324.0540*324.0540
=13.638

Current CPI (Dec. 2025) = 324.0540.

Paragon Technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 34.338 238.132 46.728
201606 31.025 241.018 41.714
201609 30.569 241.428 41.031
201612 28.704 241.432 38.527
201703 26.599 243.801 35.355
201706 26.197 244.955 34.656
201709 25.782 246.819 33.850
201712 25.262 246.524 33.207
201803 24.415 249.554 31.704
201806 23.288 251.989 29.948
201809 21.494 252.439 27.592
201812 20.539 251.233 26.492
201903 20.785 254.202 26.496
201906 20.136 256.143 25.475
201909 18.993 256.759 23.971
201912 17.516 256.974 22.088
202003 16.834 258.115 21.134
202006 16.557 257.797 20.812
202009 16.759 260.280 20.865
202012 17.065 260.474 21.230
202103 16.932 264.877 20.715
202106 16.965 271.696 20.234
202109 16.969 274.310 20.046
202112 17.524 278.802 20.368
202203 18.142 287.504 20.448
202206 16.870 296.311 18.450
202209 16.691 296.808 18.223
202212 17.111 296.797 18.682
202303 17.253 301.836 18.523
202306 16.397 305.109 17.415
202309 14.953 307.789 15.743
202312 14.277 306.746 15.083
202403 13.952 312.332 14.476
202406 13.571 314.175 13.998
202409 15.477 315.301 15.907
202412 15.002 315.605 15.404
202503 14.248 319.799 14.438
202506 13.458 322.561 13.520
202509 13.567 324.800 13.536
202512 13.638 324.054 13.638

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$23.54 mean?
Paragon Technologies Co (TPE:3518) has a Cyclically Adjusted Book per Share of NT$23.54 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 Paragon Technologies Co and its competitors.
Is Paragon Technologies Co's Cyclically Adjusted Book per Share too high?
Paragon Technologies Co's current Cyclically Adjusted Book per Share is NT$23.54. Overall, Paragon Technologies Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paragon Technologies Co's Cyclically Adjusted Book per Share compare to GEV and ETN?
Paragon Technologies Co's Cyclically Adjusted Book per Share of NT$23.54 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 Paragon Technologies Co and its competitors. Paragon Technologies Co's current Cyclically Adjusted Book per Share is NT$23.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Paragon Technologies Co (TPE:3518) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.87, compared to a current price of NT$35.30 — trading 77.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$23.54. Paragon Technologies Co's overall GF Score™ is 54/100 with 11 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 Paragon Technologies Co (TPE:3518), the current Cyclically Adjusted Book per Share is NT$23.54 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 Paragon Technologies Co (TPE:3518) Overvalued in 2026?

Based on GuruFocus' analysis, Paragon Technologies Co stock appears to be overvalued. The current stock price of NT$35.30 is trading 77.7% above its estimated GF Value™ of NT$19.87. GuruFocus considers Paragon Technologies Co to be Significantly Overvalued.

Key valuation signals for TPE:3518:

  • Cyclically Adjusted Book per Share: NT$23.54
  • GF Value™: NT$19.87 vs. price of NT$35.30 (77.7% above fair value)
  • GF Score™: 54/100 with 11 warning signs

No single metric tells the full story. See the TPE:3518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paragon Technologies Co Business Description

Address Lane 108, Nanshan Road, No. 2, Section 1, Luzhu District, Taoyuan, TWN, 338
Paragon Technologies Co Ltd is engaged in manufacturing EMI, optoelectronic, and optical film, and research, development, manufacturing, processing, and trading of machinery, equipment, and components. The company's reportable segments are as follows: the PVD Coating Products Department and the Silicon Carbide Products Department. The majority of the company's revenue is derived from the PVD Coating Products Department, which generates revenue from the sputter coating of electronic components according to the specifications agreed upon between the customers and the company. Geographically, key revenue for the company is derived from Mainland China and the rest from Taiwan.
54GF Score

Get the complete analysis for TPE:3518

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

NT$35.30
Price
NT$19.87
GF Value