Promate Electronic Co (TPE:6189) Cyclically Adjusted Book per Share: NT$22.25 (As of Dec. 2025)


TPE:6189 Promate Electronic Co Ltd TPE:6189
86 GF Score
Price NT$51.20
GF Value NT$49.55
Valuation Fairly Valued
! 3 Warning Signs
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What is Promate Electronic Co Cyclically Adjusted Book per Share?

Promate Electronic Co TPE:6189 -0.58% 86 Cyclically Adjusted Book per Share is NT$22.25 as of Dec. 2025. GuruFocus rates TPE:6189 with a GF Score™ of 86/100 and a GF Value™ of NT$49.55 (Fairly Valued). 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.

Promate Electronic Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$23.533. 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$22.25 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Promate Electronic Co's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 Promate Electronic Co was 6.70% per year. The lowest was 3.80% per year. And the median was 5.55% per year.

As of today (2026-07-08), Promate Electronic Co's current stock price is NT$51.20. Promate Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$22.25. Promate Electronic Co's Cyclically Adjusted PB Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Promate Electronic Co was 4.04. The lowest was 1.40. And the median was 1.91.


Promate Electronic Co  (TPE:6189) 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.

Promate Electronic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=51.20/22.25
=2.30

* 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 Promate Electronic Co was 4.04. The lowest was 1.40. And the median was 1.91.


Be Aware

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


Promate Electronic Co Cyclically Adjusted Book per Share Related Terms


Promate Electronic Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Promate Electronic 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.

Promate Electronic Co Cyclically Adjusted Book per Share Chart

Promate Electronic 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 18.50 19.88 20.63 21.48 22.25

Promate Electronic 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 21.48 21.83 22.07 22.26 22.25

TPE:6189 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Promate Electronic 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.


Promate Electronic Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6189
86GF Score
Promate Electronic Co Ltd TPE:6189
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Promate Electronic 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, Promate Electronic 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)
=23.533/324.0540*324.0540
=23.533

Current CPI (Dec. 2025) = 324.0540.

Promate Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 16.773 238.132 22.825
201606 14.705 241.018 19.771
201609 15.104 241.428 20.273
201612 15.789 241.432 21.192
201703 16.856 243.801 22.405
201706 15.295 244.955 20.234
201709 15.846 246.819 20.805
201712 16.345 246.524 21.485
201803 16.717 249.554 21.708
201806 16.039 251.989 20.626
201809 16.647 252.439 21.370
201812 17.180 251.233 22.160
201903 17.710 254.202 22.577
201906 16.255 256.143 20.565
201909 16.910 256.759 21.342
201912 17.117 256.974 21.585
202003 17.762 258.115 22.300
202006 16.971 257.797 21.333
202009 17.628 260.280 21.947
202012 18.081 260.474 22.494
202103 19.208 264.877 23.499
202106 20.166 271.696 24.052
202109 19.265 274.310 22.759
202112 19.988 278.802 23.232
202203 21.395 287.504 24.115
202206 19.411 296.311 21.228
202209 20.319 296.808 22.184
202212 20.540 296.797 22.426
202303 21.232 301.836 22.795
202306 19.424 305.109 20.630
202309 20.968 307.789 22.076
202312 21.155 306.746 22.349
202403 23.373 312.332 24.250
202406 22.156 314.175 22.853
202409 23.363 315.301 24.012
202412 24.303 315.605 24.954
202503 25.400 319.799 25.738
202506 21.565 322.561 21.665
202509 22.559 324.800 22.507
202512 23.533 324.054 23.533

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$22.25 mean?
Promate Electronic Co (TPE:6189) has a Cyclically Adjusted Book per Share of NT$22.25 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 Promate Electronic Co and its competitors.
Is Promate Electronic Co's Cyclically Adjusted Book per Share too high?
Promate Electronic Co's current Cyclically Adjusted Book per Share is NT$22.25. Overall, Promate Electronic Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Promate Electronic Co's Cyclically Adjusted Book per Share compare to SNX and ARW?
Promate Electronic Co's Cyclically Adjusted Book per Share of NT$22.25 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 Promate Electronic Co and its competitors. Promate Electronic Co's current Cyclically Adjusted Book per Share is NT$22.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promate Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Promate Electronic Co (TPE:6189) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.55, compared to a current price of NT$51.20 — trading 3.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$22.25. Promate Electronic Co's overall GF Score™ is 86/100 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 Promate Electronic Co (TPE:6189), the current Cyclically Adjusted Book per Share is NT$22.25 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 Promate Electronic Co (TPE:6189) Overvalued in 2026?

Based on GuruFocus' analysis, Promate Electronic Co stock appears to be overvalued. The current stock price of NT$51.20 is trading 3.3% above its estimated GF Value™ of NT$49.55. GuruFocus considers Promate Electronic Co to be Fairly Valued.

Key valuation signals for TPE:6189:

  • Cyclically Adjusted Book per Share: NT$22.25
  • GF Value™: NT$49.55 vs. price of NT$51.20 (3.3% above fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the TPE:6189 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Promate Electronic Co Business Description

Address Huanshan Road, 4th Floor, No. 32, Section 1, Neihu District, Taipei, TWN, 11442
Promate Electronic Co Ltd company is mainly engaged in the distribution and sales of electronic/electrical components, sales of computer software and electrical products, and sales of electronic/electrical components. The company has these operating segments; Application specific and LCD Display Products, Linear/ Distributed Components, Image Processing ICs, Application specific ICs, and Others. It has two business divisions; China Region Manufacturing and distribution agents established in Mainland China and Hong Kong; and Non-China Region Manufacturing and distribution agents established outside Mainland China and Hong Kong, out of which it derives a majority of its revenue from the Non-China Region.
86GF Score

Get the complete analysis for TPE:6189

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

NT$51.20
Price
NT$49.55
GF Value