Calin Technology Co (TPE:4976) Cyclically Adjusted Book per Share: NT$18.53 (As of Dec. 2025)


TPE:4976 Calin Technology Co Ltd TPE:4976
67 GF Score
Price NT$39.40
GF Value NT$37.01
Valuation Fairly Valued
! 2 Warning Signs
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What is Calin Technology Co Cyclically Adjusted Book per Share?

Calin Technology Co TPE:4976 -2.11% 67 Cyclically Adjusted Book per Share is NT$18.53 as of Dec. 2025. GuruFocus rates TPE:4976 with a GF Score™ of 67/100 and a GF Value™ of NT$37.01 (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.

Calin Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$15.948. 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$18.53 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Calin Technology Co's average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Calin Technology Co was 8.10% per year. The lowest was 2.70% per year. And the median was 5.10% per year.

As of today (2026-07-07), Calin Technology Co's current stock price is NT$39.40. Calin Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$18.53. Calin Technology Co's Cyclically Adjusted PB Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Calin Technology Co was 7.86. The lowest was 1.33. And the median was 2.35.


Calin Technology Co  (TPE:4976) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.40/18.53
=2.13

* 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 Calin Technology Co was 7.86. The lowest was 1.33. And the median was 2.35.


Be Aware

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


Calin Technology Co Cyclically Adjusted Book per Share Related Terms


Calin Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Calin 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.

Calin Technology Co Cyclically Adjusted Book per Share Chart

Calin 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 15.62 17.12 17.73 18.15 18.53

Calin 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 18.15 18.37 18.51 18.60 18.53

TPE:4976 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Calin 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.


Calin Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:4976
67GF Score
Calin Technology Co Ltd TPE:4976
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calin 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, Calin 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)
=15.948/324.0540*324.0540
=15.948

Current CPI (Dec. 2025) = 324.0540.

Calin Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 12.420 238.132 16.901
201606 11.956 241.018 16.075
201609 12.104 241.428 16.246
201612 12.048 241.432 16.171
201703 12.084 243.801 16.062
201706 12.120 244.955 16.034
201709 13.936 246.819 18.297
201712 13.991 246.524 18.391
201803 14.061 249.554 18.259
201806 14.308 251.989 18.400
201809 14.622 252.439 18.770
201812 14.412 251.233 18.589
201903 14.358 254.202 18.303
201906 14.362 256.143 18.170
201909 14.170 256.759 17.884
201912 13.806 256.974 17.410
202003 13.175 258.115 16.541
202006 12.879 257.797 16.189
202009 13.013 260.280 16.201
202012 13.320 260.474 16.571
202103 13.599 264.877 16.637
202106 14.206 271.696 16.944
202109 21.054 274.310 24.872
202112 20.923 278.802 24.319
202203 20.793 287.504 23.436
202206 20.661 296.311 22.595
202209 20.880 296.808 22.797
202212 20.039 296.797 21.879
202303 19.742 301.836 21.195
202306 19.278 305.109 20.475
202309 18.961 307.789 19.963
202312 18.008 306.746 19.024
202403 18.094 312.332 18.773
202406 18.197 314.175 18.769
202409 18.039 315.301 18.540
202412 17.833 315.605 18.310
202503 17.590 319.799 17.824
202506 16.870 322.561 16.948
202509 16.385 324.800 16.347
202512 15.948 324.054 15.948

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$18.53 mean?
Calin Technology Co (TPE:4976) has a Cyclically Adjusted Book per Share of NT$18.53 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 Calin Technology Co and its competitors.
Is Calin Technology Co's Cyclically Adjusted Book per Share too high?
Calin Technology Co's current Cyclically Adjusted Book per Share is NT$18.53. Overall, Calin Technology Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Calin Technology Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Calin Technology Co's Cyclically Adjusted Book per Share of NT$18.53 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 Calin Technology Co and its competitors. Calin Technology Co's current Cyclically Adjusted Book per Share is NT$18.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Calin Technology Co (TPE:4976) is currently considered Fairly Valued. The stock's GF Value™ is NT$37.01, compared to a current price of NT$39.40 — trading 6.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$18.53. Calin Technology Co's overall GF Score™ is 67/100 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 Calin Technology Co (TPE:4976), the current Cyclically Adjusted Book per Share is NT$18.53 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 Calin Technology Co (TPE:4976) Overvalued in 2026?

Based on GuruFocus' analysis, Calin Technology Co stock appears to be overvalued. The current stock price of NT$39.40 is trading 6.5% above its estimated GF Value™ of NT$37.01. GuruFocus considers Calin Technology Co to be Fairly Valued.

Key valuation signals for TPE:4976:

  • Cyclically Adjusted Book per Share: NT$18.53
  • GF Value™: NT$37.01 vs. price of NT$39.40 (6.5% above fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the TPE:4976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Calin Technology Co Business Description

Address No. 24, Jianguo Road, Tanzi District, Taichung, TWN
Calin Technology Co Ltd is mainly engaged in the manufacturing and surface treatment of optical instruments, electronic components, industrial plastic products, and molds, as well as motor vehicle parts manufacturing. Its products include aspherical glass molding, glass grinding, injection-optical, injection-mechanical parts, automotive, CCTV, touch, and relay. Geographically, Key revenue is generated from Asia followed by America, Taiwan, and Europe.
67GF Score

Get the complete analysis for TPE:4976

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

NT$39.40
Price
NT$37.01
GF Value