TBI Motion Technology Co (TPE:4540) Cyclically Adjusted Book per Share: NT$36.27 (As of Mar. 2026)

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TPE:4540 TBI Motion Technology Co Ltd TPE:4540
49 GF Score
Price NT$45.35
GF Value NT$44.91
Valuation Fairly Valued
! 5 Warning Signs
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What is TBI Motion Technology Co Cyclically Adjusted Book per Share?

TBI Motion Technology Co TPE:4540 +7.46% 49 Cyclically Adjusted Book per Share is NT$36.27 as of Mar. 2026. GuruFocus rates TPE:4540 with a GF Score™ of 49/100 and a GF Value™ of NT$44.91 (Fairly Valued). The stock has 5 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.

TBI Motion Technology Co's adjusted book value per share for the three months ended in Mar. 2026 was NT$29.830. 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$36.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TBI Motion Technology Co's average Cyclically Adjusted Book Growth Rate was 5.30% 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 (2026-08-01), TBI Motion Technology Co's current stock price is NT$45.35. TBI Motion Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$36.27. TBI Motion Technology Co's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TBI Motion Technology Co was 2.00. The lowest was 0.94. And the median was 1.25.


TBI Motion Technology Co  (TPE:4540) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.35/36.27
=1.25

* 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 TBI Motion Technology Co was 2.00. The lowest was 0.94. And the median was 1.25.


Be Aware

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


TBI Motion Technology Co Cyclically Adjusted Book per Share Related Terms


TBI Motion Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for TBI Motion 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.

TBI Motion Technology Co Cyclically Adjusted Book per Share Chart

TBI Motion 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 33.55 35.44

TBI Motion Technology Co 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 34.45 34.94 35.36 35.44 36.27

TPE:4540 vs SNA, RBC, SWK: Cyclically Adjusted Book per Share Comparison

For the Tools & Accessories subindustry, TBI Motion 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.


TBI Motion Technology Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TPE:4540
49GF Score
TBI Motion Technology Co Ltd TPE:4540
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TBI Motion 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, TBI Motion Technology Co'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)
=29.83/330.2130*330.2130
=29.830

Current CPI (Mar. 2026) = 330.2130.

TBI Motion Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 17.428 236.525 24.331
201606 17.597 241.018 24.109
201612 17.971 241.432 24.579
201703 0.000 243.801 0.000
201706 17.840 244.955 24.049
201709 0.000 246.819 0.000
201712 20.174 246.524 27.023
201803 21.700 249.554 28.714
201806 23.134 251.989 30.315
201809 35.442 252.439 46.361
201812 36.368 251.233 47.801
201903 36.572 254.202 47.508
201906 32.795 256.143 42.278
201909 32.513 256.759 41.814
201912 32.131 256.974 41.289
202003 31.982 258.115 40.915
202006 31.586 257.797 40.459
202009 32.029 260.280 40.635
202012 32.482 260.474 41.179
202103 32.597 264.877 40.638
202106 33.338 271.696 40.518
202109 33.728 274.310 40.602
202112 34.568 278.802 40.942
202203 35.691 287.504 40.993
202206 34.940 296.311 38.938
202209 36.118 296.808 40.183
202212 36.872 296.797 41.023
202303 37.299 301.836 40.806
202306 35.411 305.109 38.325
202309 35.767 307.789 38.373
202312 34.253 306.746 36.873
202403 32.529 312.332 34.391
202406 31.547 314.175 33.157
202409 30.772 315.301 32.227
202412 32.923 315.605 34.447
202503 29.537 319.799 30.499
202506 30.087 322.561 30.801
202509 29.578 324.800 30.071
202512 30.504 324.054 31.084
202603 29.830 330.213 29.830

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$36.27 mean?
TBI Motion Technology Co (TPE:4540) has a Cyclically Adjusted Book per Share of NT$36.27 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 TBI Motion Technology Co and its competitors.
Is TBI Motion Technology Co's Cyclically Adjusted Book per Share too high?
TBI Motion Technology Co's current Cyclically Adjusted Book per Share is NT$36.27. Overall, TBI Motion Technology Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TBI Motion Technology Co's Cyclically Adjusted Book per Share compare to SNA and RBC?
TBI Motion Technology Co's Cyclically Adjusted Book per Share of NT$36.27 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 TBI Motion Technology Co and its competitors. TBI Motion Technology Co's current Cyclically Adjusted Book per Share is NT$36.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBI Motion Technology Co stock overvalued right now?
Based on GuruFocus' analysis, TBI Motion Technology Co (TPE:4540) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.91, compared to a current price of NT$45.35 — trading 1% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$36.27. TBI Motion Technology Co's overall GF Score™ is 49/100 with 5 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 TBI Motion Technology Co (TPE:4540), the current Cyclically Adjusted Book per Share is NT$36.27 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 TBI Motion Technology Co (TPE:4540) Overvalued in 2026?

Based on GuruFocus' analysis, TBI Motion Technology Co stock appears to be overvalued. The current stock price of NT$45.35 is trading 1% above its estimated GF Value™ of NT$44.91. GuruFocus considers TBI Motion Technology Co to be Fairly Valued.

Key valuation signals for TPE:4540:

  • Cyclically Adjusted Book per Share: NT$36.27
  • GF Value™: NT$44.91 vs. price of NT$45.35 (1% above fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the TPE:4540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TBI Motion Technology Co Business Description

Address No. 123, Sanduo Road, 4th Floor, Shulin District, New Taipei City, TWN, 23876
TBI Motion Technology Co Ltd is engaged in the manufacturing and sales of precision transmission components for industrial automation, ball screws, and linear slides. Its product portfolio includes Linear Guide, Ball Screw, Ball Spline, Rotary Series, Single Axis Actuator, and Accessory.
49GF Score

Get the complete analysis for TPE:4540

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

NT$45.35
Price
NT$44.91
GF Value