Jochu Technology Co (TPE:3543) Cyclically Adjusted Book per Share: NT$41.48 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3543 Jochu Technology Co Ltd TPE:3543
61 GF Score
Price NT$29.05
GF Value NT$24.10
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Jochu Technology Co Cyclically Adjusted Book per Share?

Jochu Technology Co TPE:3543 -6.14% 61 Cyclically Adjusted Book per Share is NT$41.48 as of Dec. 2025. GuruFocus rates TPE:3543 with a GF Score™ of 61/100 and a GF Value™ of NT$24.10 (Modestly Overvalued). 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.

Jochu Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$27.017. 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$41.48 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Jochu Technology Co's average Cyclically Adjusted Book Growth Rate was -4.80% 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.

As of today (2026-07-18), Jochu Technology Co's current stock price is NT$29.05. Jochu Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$41.48. Jochu Technology Co's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jochu Technology Co was 1.29. The lowest was 0.36. And the median was 0.64.


Jochu Technology Co  (TPE:3543) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.05/41.48
=0.70

* 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 Jochu Technology Co was 1.29. The lowest was 0.36. And the median was 0.64.


Be Aware

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


Jochu Technology Co Cyclically Adjusted Book per Share Related Terms


Jochu Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Jochu 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.

Jochu Technology Co Cyclically Adjusted Book per Share Chart

Jochu 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 0.00 0.00 0.00 43.55 41.48

Jochu 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 43.55 43.41 42.92 42.36 41.48

TPE:3543 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Jochu 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.


Jochu Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:3543
61GF Score
Jochu Technology Co Ltd TPE:3543
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jochu 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, Jochu 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)
=27.017/324.0540*324.0540
=27.017

Current CPI (Dec. 2025) = 324.0540.

Jochu Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201306 40.637 233.504 56.396
201312 41.779 233.049 58.094
201406 40.919 238.343 55.634
201412 43.872 234.812 60.546
201506 42.393 238.638 57.567
201512 44.172 236.525 60.518
201606 40.914 241.018 55.010
201612 39.462 241.432 52.967
201706 39.462 244.955 52.205
201712 40.121 246.524 52.739
201806 40.564 251.989 52.165
201812 39.677 251.233 51.178
201903 0.000 254.202 0.000
201906 40.501 256.143 51.239
201909 0.000 256.759 0.000
201912 38.848 256.974 48.989
202003 38.316 258.115 48.104
202006 34.070 257.797 42.826
202009 30.247 260.280 37.658
202012 30.998 260.474 38.564
202103 32.330 264.877 39.553
202106 32.378 271.696 38.618
202109 31.371 274.310 37.060
202112 31.350 278.802 36.438
202203 31.977 287.504 36.042
202206 30.210 296.311 33.039
202209 30.986 296.808 33.830
202212 30.329 296.797 33.114
202303 30.366 301.836 32.601
202306 29.084 305.109 30.890
202309 30.770 307.789 32.396
202312 29.916 306.746 31.604
202403 30.558 312.332 31.705
202406 29.616 314.175 30.547
202409 28.924 315.301 29.727
202412 28.895 315.605 29.669
202503 28.416 319.799 28.794
202506 25.507 322.561 25.625
202509 25.550 324.800 25.491
202512 27.017 324.054 27.017

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$41.48 mean?
Jochu Technology Co (TPE:3543) has a Cyclically Adjusted Book per Share of NT$41.48 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 Jochu Technology Co and its competitors.
Is Jochu Technology Co's Cyclically Adjusted Book per Share too high?
Jochu Technology Co's current Cyclically Adjusted Book per Share is NT$41.48. Overall, Jochu Technology Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jochu Technology Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Jochu Technology Co's Cyclically Adjusted Book per Share of NT$41.48 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 Jochu Technology Co and its competitors. Jochu Technology Co's current Cyclically Adjusted Book per Share is NT$41.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jochu Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jochu Technology Co (TPE:3543) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$24.10, compared to a current price of NT$29.05 — trading 20.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$41.48. Jochu Technology Co's overall GF Score™ is 61/100 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 Jochu Technology Co (TPE:3543), the current Cyclically Adjusted Book per Share is NT$41.48 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 Jochu Technology Co (TPE:3543) Overvalued in 2026?

Based on GuruFocus' analysis, Jochu Technology Co stock appears to be overvalued. The current stock price of NT$29.05 is trading 20.5% above its estimated GF Value™ of NT$24.10. GuruFocus considers Jochu Technology Co to be Modestly Overvalued.

Key valuation signals for TPE:3543:

  • Cyclically Adjusted Book per Share: NT$41.48
  • GF Value™: NT$24.10 vs. price of NT$29.05 (20.5% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the TPE:3543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jochu Technology Co Business Description

Address No. 42, Kuangfu Road, Hukou Township, Hukou, Hsinchu, TWN, 30351
Jochu Technology Co Ltd is a Taiwan-based company principally engaged in manufacturing and selling of optoelectronic components, stamping molds, metal furniture, medical devices, and related international trading business. The Company's products mainly include thin film transistor (TFT) panel bezels, TFT panel back covers, inverter covers, shielding, lamp covers and others.
61GF Score

Get the complete analysis for TPE:3543

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

NT$29.05
Price
NT$24.10
GF Value