Alchip Technologies (TPE:3661) Cyclically Adjusted Book per Share: NT$198.82 (As of Mar. 2026)

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TPE:3661 Alchip Technologies Ltd TPE:3661
98 GF Score
Price NT$3,405.00
GF Value NT$3,629.45
Valuation Fairly Valued
! 2 Warning Signs
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What is Alchip Technologies Cyclically Adjusted Book per Share?

Alchip Technologies TPE:3661 -2.99% 98 Cyclically Adjusted Book per Share is NT$198.82 as of Mar. 2026. GuruFocus rates TPE:3661 with a GF Score™ of 98/100 and a GF Value™ of NT$3,629.45 (Fairly Valued). The stock has 2 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.

Alchip Technologies's adjusted book value per share for the three months ended in Mar. 2026 was NT$529.262. 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$198.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alchip Technologies's average Cyclically Adjusted Book Growth Rate was 31.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 33.70% 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 Alchip Technologies was 33.70% per year. The lowest was 32.60% per year. And the median was 33.15% per year.

As of today (2026-07-25), Alchip Technologies's current stock price is NT$3405.00. Alchip Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$198.82. Alchip Technologies's Cyclically Adjusted PB Ratio of today is 17.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alchip Technologies was 45.63. The lowest was 8.48. And the median was 18.66.


Alchip Technologies  (TPE:3661) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3405.00/198.82
=17.13

* 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 Alchip Technologies was 45.63. The lowest was 8.48. And the median was 18.66.


Be Aware

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


Alchip Technologies Cyclically Adjusted Book per Share Related Terms


Alchip Technologies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Alchip Technologies'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.

Alchip Technologies Cyclically Adjusted Book per Share Chart

Alchip Technologies 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 59.08 76.93 95.12 137.72 183.67

Alchip Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 150.97 161.79 173.09 183.67 198.82

TPE:3661 vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Alchip Technologies'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.


Alchip Technologies Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alchip Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:3661
98GF Score
Alchip Technologies Ltd TPE:3661
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alchip Technologies 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, Alchip Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=529.262/330.2130*330.2130
=529.262

Current CPI (Mar. 2026) = 330.2130.

Alchip Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 41.539 241.018 56.912
201609 40.432 241.428 55.301
201612 42.132 241.432 57.625
201703 40.493 243.801 54.845
201706 42.141 244.955 56.808
201709 43.655 246.819 58.405
201712 44.498 246.524 59.604
201803 45.493 249.554 60.197
201806 48.776 251.989 63.917
201809 49.879 252.439 65.246
201812 48.867 251.233 64.229
201903 51.161 254.202 66.459
201906 51.518 256.143 66.416
201909 53.694 256.759 69.055
201912 54.473 256.974 69.998
202003 57.477 258.115 73.532
202006 56.553 257.797 72.439
202009 59.811 260.280 75.881
202012 62.684 260.474 79.467
202103 140.796 264.877 175.526
202106 134.626 271.696 163.621
202109 140.197 274.310 168.768
202112 146.393 278.802 173.388
202203 158.206 287.504 181.708
202206 159.255 296.311 177.476
202209 177.708 296.808 197.709
202212 180.646 296.797 200.985
202303 189.293 301.836 207.089
202306 188.272 305.109 203.763
202309 236.653 307.789 253.894
202312 242.389 306.746 260.932
202403 421.329 312.332 445.450
202406 428.179 314.175 450.037
202409 441.329 315.301 462.201
202412 489.228 315.605 511.872
202503 514.348 319.799 531.097
202506 433.918 322.561 444.212
202509 468.095 324.800 475.896
202512 502.007 324.054 511.548
202603 529.262 330.213 529.262

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$198.82 mean?
Alchip Technologies (TPE:3661) has a Cyclically Adjusted Book per Share of NT$198.82 as of Mar. 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 Alchip Technologies and its competitors.
Is Alchip Technologies' Cyclically Adjusted Book per Share too high?
Alchip Technologies' current Cyclically Adjusted Book per Share is NT$198.82. Overall, Alchip Technologies has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alchip Technologies' Cyclically Adjusted Book per Share compare to NVDA and AVGO?
Alchip Technologies' Cyclically Adjusted Book per Share of NT$198.82 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors 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 Alchip Technologies and its competitors. Alchip Technologies's current Cyclically Adjusted Book per Share is NT$198.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alchip Technologies stock overvalued right now?
Based on GuruFocus' analysis, Alchip Technologies (TPE:3661) is currently considered Fairly Valued. The stock's GF Value™ is NT$3,629.45, compared to a current price of NT$3,405.00 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$198.82. Alchip Technologies' overall GF Score™ is 98/100 with 2 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 Alchip Technologies (TPE:3661), the current Cyclically Adjusted Book per Share is NT$198.82 as of Mar. 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 Alchip Technologies (TPE:3661) Overvalued in 2026?

Based on GuruFocus' analysis, Alchip Technologies stock appears to be undervalued. The current stock price of NT$3,405.00 is trading 6.2% below its estimated GF Value™ of NT$3,629.45. GuruFocus considers Alchip Technologies to be Fairly Valued.

Key valuation signals for TPE:3661:

  • Cyclically Adjusted Book per Share: NT$198.82
  • GF Value™: NT$3,629.45 vs. price of NT$3,405.00 (6.2% below fair value)
  • GF Score™: 98/100 with 2 warning signs

No single metric tells the full story. See the TPE:3661 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alchip Technologies Business Description

Address Wenhu Street, No.12, 9th floor, Neihu District, Taipei, TWN, 11445
Alchip Technologies Ltd is engaged in the research and development, design, and manufacture of fabless application-specific integrated circuits (ASIC) and system on a chip (SoC) and the rendering of related services. Its geographical segments are China, Japan, the United States, Europe, Taiwan, and Others, of which majority of its revenue comes from the United States.
98GF Score

Get the complete analysis for TPE:3661

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

NT$3,405.00
Price
NT$3,629.45
GF Value