Ledtech Electronics (TPE:6164) Cyclically Adjusted Book per Share: NT$17.16 (As of Jun. 2026)

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TPE:6164 Ledtech Electronics Corp TPE:6164
75 GF Score
Price NT$11.30
GF Value NT$12.11
Valuation Fairly Valued
! 2 Warning Signs
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What is Ledtech Electronics Cyclically Adjusted Book per Share?

Ledtech Electronics TPE:6164 +2.26% 75 Cyclically Adjusted Book per Share is NT$17.16 as of Jun. 2026. GuruFocus rates TPE:6164 with a GF Score™ of 75/100 and a GF Value™ of NT$12.11 (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.

Ledtech Electronics's adjusted book value per share for the three months ended in Jun. 2026 was NT$12.013. 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$17.16 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ledtech Electronics's average Cyclically Adjusted Book Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Ledtech Electronics was 2.60% per year. The lowest was -1.90% per year. And the median was 1.60% per year.

As of today (2026-09-16), Ledtech Electronics's current stock price is NT$11.30. Ledtech Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$17.16. Ledtech Electronics's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ledtech Electronics was 1.43. The lowest was 0.36. And the median was 0.75.


Ledtech Electronics  (TPE:6164) 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.

Ledtech Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.30/17.159
=0.66

* 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 Ledtech Electronics was 1.43. The lowest was 0.36. And the median was 0.75.


Be Aware

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


Ledtech Electronics Cyclically Adjusted Book per Share Related Terms


Ledtech Electronics Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ledtech Electronics'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.

Ledtech Electronics Cyclically Adjusted Book per Share Chart

Ledtech Electronics 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 17.69 18.43 18.22 17.60 16.92

Ledtech Electronics 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 17.71 17.52 17.19 17.23 17.16

TPE:6164 vs VRT, BE: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Ledtech Electronics'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.


Ledtech Electronics Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ledtech Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:6164
75GF Score
Ledtech Electronics Corp TPE:6164
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ledtech Electronics 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, Ledtech Electronics'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)
=12.013/333.9520*333.9520
=12.013

Current CPI (Jun. 2026) = 333.9520.

Ledtech Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.867 241.428 23.331
201612 16.821 241.432 23.267
201703 16.213 243.801 22.208
201706 15.620 244.955 21.295
201709 15.844 246.819 21.437
201712 15.749 246.524 21.334
201803 15.885 249.554 21.257
201806 15.384 251.989 20.388
201809 15.036 252.439 19.891
201812 15.377 251.233 20.440
201903 15.605 254.202 20.501
201906 15.183 256.143 19.795
201909 14.514 256.759 18.878
201912 13.948 256.974 18.126
202003 13.649 258.115 17.659
202006 13.387 257.797 17.342
202009 13.418 260.280 17.216
202012 13.977 260.474 17.920
202103 13.849 264.877 17.461
202106 13.828 271.696 16.997
202109 13.973 274.310 17.011
202112 13.997 278.802 16.766
202203 14.339 287.504 16.656
202206 14.582 296.311 16.434
202209 14.859 296.808 16.719
202212 15.022 296.797 16.903
202303 14.942 301.836 16.532
202306 13.840 305.109 15.148
202309 14.140 307.789 15.342
202312 13.719 306.746 14.936
202403 14.089 312.332 15.064
202406 14.357 314.175 15.261
202409 11.955 315.301 12.662
202412 12.074 315.605 12.776
202503 12.331 319.799 12.877
202506 10.796 322.561 11.177
202509 11.149 324.800 11.463
202512 11.559 324.054 11.912
202603 11.824 330.213 11.958
202606 12.013 333.952 12.013

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$17.16 mean?
Ledtech Electronics (TPE:6164) has a Cyclically Adjusted Book per Share of NT$17.16 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 Ledtech Electronics and its competitors.
Is Ledtech Electronics' Cyclically Adjusted Book per Share too high?
Ledtech Electronics' current Cyclically Adjusted Book per Share is NT$17.16. Overall, Ledtech Electronics has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ledtech Electronics' Cyclically Adjusted Book per Share compare to VRT and BE?
Ledtech Electronics' Cyclically Adjusted Book per Share of NT$17.16 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 Ledtech Electronics and its competitors. Ledtech Electronics's current Cyclically Adjusted Book per Share is NT$17.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledtech Electronics stock overvalued right now?
Based on GuruFocus' analysis, Ledtech Electronics (TPE:6164) is currently considered Fairly Valued. The stock's GF Value™ is NT$12.11, compared to a current price of NT$11.30 — trading 6.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$17.16. Ledtech Electronics' overall GF Score™ is 75/100 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 Ledtech Electronics (TPE:6164), the current Cyclically Adjusted Book per Share is NT$17.16 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 Ledtech Electronics (TPE:6164) Overvalued in 2026?

Based on GuruFocus' analysis, Ledtech Electronics stock appears to be undervalued. The current stock price of NT$11.30 is trading 6.7% below its estimated GF Value™ of NT$12.11. GuruFocus considers Ledtech Electronics to be Fairly Valued.

Key valuation signals for TPE:6164:

  • Cyclically Adjusted Book per Share: NT$17.16
  • GF Value™: NT$12.11 vs. price of NT$11.30 (6.7% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TPE:6164 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ledtech Electronics Business Description

Address Zhongzheng Road, 5th Floor, No. 542-5, Xindian District, New Taipei City, TWN, 231
Ledtech Electronics Corp is a Taiwan-based company engaged in R&D, manufacturing, processing, and trading of LED displays in different specifications and sizes. Its product portfolio comprises LED lamps, LED displays, LED chips, LED backlights, LED light strips and tubes, and others. Geographically, the firm derives the majority of its revenue from Asia.
75GF Score

Get the complete analysis for TPE:6164

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

NT$11.30
Price
NT$12.11
GF Value