Hannstar Display (TPE:6116) Cyclically Adjusted Book per Share: NT$16.49 (As of Jun. 2026)

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TPE:6116 Hannstar Display Corp TPE:6116
61 GF Score
Price NT$14.10
GF Value NT$8.82
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hannstar Display Cyclically Adjusted Book per Share?

Hannstar Display TPE:6116 -0.70% 61 Cyclically Adjusted Book per Share is NT$16.49 as of Jun. 2026. GuruFocus rates TPE:6116 with a GF Score™ of 61/100 and a GF Value™ of NT$8.82 (Significantly 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.

Hannstar Display's adjusted book value per share for the three months ended in Jun. 2026 was NT$13.040. 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$16.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hannstar Display's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Hannstar Display was 8.50% per year. The lowest was 1.90% per year. And the median was 5.80% per year.

As of today (2026-08-25), Hannstar Display's current stock price is NT$14.10. Hannstar Display's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$16.49. Hannstar Display's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hannstar Display was 2.35. The lowest was 0.42. And the median was 0.68.


Hannstar Display  (TPE:6116) 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.

Hannstar Display's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.10/16.49
=0.86

* 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 Hannstar Display was 2.35. The lowest was 0.42. And the median was 0.68.


Be Aware

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


Hannstar Display Cyclically Adjusted Book per Share Related Terms


Hannstar Display Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hannstar Display'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.

Hannstar Display Cyclically Adjusted Book per Share Chart

Hannstar Display 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 13.44 14.87 15.60 15.91 16.05

Hannstar Display Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.09 16.14 16.05 16.31 16.49

TPE:6116 vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Hannstar Display'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.


Hannstar Display Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6116
61GF Score
Hannstar Display Corp TPE:6116
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hannstar Display 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, Hannstar Display's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13.04/333.9520*333.9520
=13.040

Current CPI (Jun. 2026) = 333.9520.

Hannstar Display Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.291 241.428 14.235
201612 11.468 241.432 15.863
201703 12.038 243.801 16.489
201706 11.854 244.955 16.161
201709 12.532 246.819 16.956
201712 13.061 246.524 17.693
201803 13.391 249.554 17.920
201806 13.246 251.989 17.554
201809 13.384 252.439 17.706
201812 13.109 251.233 17.425
201903 13.191 254.202 17.329
201906 12.956 256.143 16.892
201909 13.063 256.759 16.990
201912 13.059 256.974 16.971
202003 12.851 258.115 16.627
202006 12.817 257.797 16.603
202009 13.648 260.280 17.511
202012 14.674 260.474 18.813
202103 15.714 264.877 19.812
202106 17.056 271.696 20.964
202109 16.723 274.310 20.359
202112 17.279 278.802 20.697
202203 17.245 287.504 20.031
202206 16.456 296.311 18.546
202209 16.810 296.808 18.914
202212 16.502 296.797 18.568
202303 16.284 301.836 18.017
202306 15.651 305.109 17.131
202309 15.131 307.789 16.417
202312 14.528 306.746 15.817
202403 14.073 312.332 15.047
202406 13.627 314.175 14.485
202409 13.024 315.301 13.794
202412 11.915 315.605 12.608
202503 11.631 319.799 12.146
202506 11.065 322.561 11.456
202509 11.586 324.800 11.912
202512 11.900 324.054 12.263
202603 11.808 330.213 11.942
202606 13.040 333.952 13.040

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$16.49 mean?
Hannstar Display (TPE:6116) has a Cyclically Adjusted Book per Share of NT$16.49 as of Jun. 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 Hannstar Display and its competitors.
Is Hannstar Display's Cyclically Adjusted Book per Share too high?
Hannstar Display's current Cyclically Adjusted Book per Share is NT$16.49. Overall, Hannstar Display has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hannstar Display's Cyclically Adjusted Book per Share compare to APH and GLW?
Hannstar Display's Cyclically Adjusted Book per Share of NT$16.49 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 Hannstar Display and its competitors. Hannstar Display's current Cyclically Adjusted Book per Share is NT$16.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannstar Display stock overvalued right now?
Based on GuruFocus' analysis, Hannstar Display (TPE:6116) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.82, compared to a current price of NT$14.10 — trading 59.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$16.49. Hannstar Display'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 Hannstar Display (TPE:6116), the current Cyclically Adjusted Book per Share is NT$16.49 as of Jun. 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 Hannstar Display (TPE:6116) Overvalued in 2026?

Based on GuruFocus' analysis, Hannstar Display stock appears to be overvalued. The current stock price of NT$14.10 is trading 59.9% above its estimated GF Value™ of NT$8.82. GuruFocus considers Hannstar Display to be Significantly Overvalued.

Key valuation signals for TPE:6116:

  • Cyclically Adjusted Book per Share: NT$16.49
  • GF Value™: NT$8.82 vs. price of NT$14.10 (59.9% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the TPE:6116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hannstar Display Business Description

Address Lane 168, Xingshan Road, 4Floor, No.15, Neihu District, Taipei, TWN, 11469
Hannstar Display Corp is engaged in research and development, design, manufacturing, sale and repairs of TFT-LCDs. The company has only one reportable segment, production and sale of TFT-LCD panels, flat-panel displays and CCTV. The firm has operations in Mainland China, Asia, Taiwan, Europe and Others, with the majority of its revenue from China.
61GF Score

Get the complete analysis for TPE:6116

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

NT$14.10
Price
NT$8.82
GF Value