Ya Horng Electronic Co (TPE:6201) Cyclically Adjusted Book per Share: NT$32.71 (As of Dec. 2025)


TPE:6201 Ya Horng Electronic Co Ltd TPE:6201
81 GF Score
Price NT$48.65
GF Value NT$57.04
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ya Horng Electronic Co Cyclically Adjusted Book per Share?

Ya Horng Electronic Co TPE:6201 +0.31% 81 Cyclically Adjusted Book per Share is NT$32.71 as of Dec. 2025. GuruFocus rates TPE:6201 with a GF Score™ of 81/100 and a GF Value™ of NT$57.04 (Modestly Undervalued). 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.

Ya Horng Electronic Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$31.573. 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$32.71 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ya Horng Electronic Co's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.50% 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 Ya Horng Electronic Co was 3.60% per year. The lowest was 1.20% per year. And the median was 2.70% per year.

As of today (2026-07-05), Ya Horng Electronic Co's current stock price is NT$48.65. Ya Horng Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$32.71. Ya Horng Electronic Co's Cyclically Adjusted PB Ratio of today is 1.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ya Horng Electronic Co was 2.06. The lowest was 1.04. And the median was 1.47.


Ya Horng Electronic Co  (TPE:6201) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.65/32.71
=1.49

* 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 Ya Horng Electronic Co was 2.06. The lowest was 1.04. And the median was 1.47.


Be Aware

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


Ya Horng Electronic Co Cyclically Adjusted Book per Share Related Terms


Ya Horng Electronic Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ya Horng 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.

Ya Horng Electronic Co Cyclically Adjusted Book per Share Chart

Ya Horng 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 30.30 31.57 32.04 32.46 32.71

Ya Horng 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 32.46 32.71 32.85 32.92 32.71

TPE:6201 vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ya Horng 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.


Ya Horng Electronic Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ya Horng Electronic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:6201
81GF Score
Ya Horng Electronic Co Ltd TPE:6201
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ya Horng 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, Ya Horng 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)
=31.573/324.0540*324.0540
=31.573

Current CPI (Dec. 2025) = 324.0540.

Ya Horng Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 27.231 238.132 37.056
201606 26.097 241.018 35.088
201609 26.652 241.428 35.773
201612 27.490 241.432 36.898
201703 27.253 243.801 36.224
201706 24.932 244.955 32.983
201709 25.623 246.819 33.641
201712 26.661 246.524 35.046
201803 27.045 249.554 35.119
201806 25.451 251.989 32.730
201809 26.042 252.439 33.430
201812 27.389 251.233 35.328
201903 28.107 254.202 35.831
201906 26.264 256.143 33.227
201909 26.876 256.759 33.920
201912 27.119 256.974 34.198
202003 24.757 258.115 31.082
202006 25.424 257.797 31.958
202009 26.972 260.280 33.581
202012 28.092 260.474 34.949
202103 25.931 264.877 31.724
202106 26.458 271.696 31.557
202109 27.677 274.310 32.696
202112 28.407 278.802 33.018
202203 26.547 287.504 29.922
202206 27.167 296.311 29.711
202209 28.294 296.808 30.891
202212 29.602 296.797 32.321
202303 27.399 301.836 29.416
202306 28.455 305.109 30.222
202309 30.163 307.789 31.757
202312 30.898 306.746 32.641
202403 27.870 312.332 28.916
202406 29.154 314.175 30.071
202409 30.565 315.301 31.414
202412 32.087 315.605 32.946
202503 29.383 319.799 29.774
202506 29.210 322.561 29.345
202509 30.542 324.800 30.472
202512 31.573 324.054 31.573

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$32.71 mean?
Ya Horng Electronic Co (TPE:6201) has a Cyclically Adjusted Book per Share of NT$32.71 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 Ya Horng Electronic Co and its competitors.
Is Ya Horng Electronic Co's Cyclically Adjusted Book per Share too high?
Ya Horng Electronic Co's current Cyclically Adjusted Book per Share is NT$32.71. Overall, Ya Horng Electronic Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ya Horng Electronic Co's Cyclically Adjusted Book per Share compare to SN and SGI?
Ya Horng Electronic Co's Cyclically Adjusted Book per Share of NT$32.71 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Ya Horng Electronic Co and its competitors. Ya Horng Electronic Co's current Cyclically Adjusted Book per Share is NT$32.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ya Horng Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Ya Horng Electronic Co (TPE:6201) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.04, compared to a current price of NT$48.65 — trading 14.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$32.71. Ya Horng Electronic Co's overall GF Score™ is 81/100 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 Ya Horng Electronic Co (TPE:6201), the current Cyclically Adjusted Book per Share is NT$32.71 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 Ya Horng Electronic Co (TPE:6201) Overvalued in 2026?

Based on GuruFocus' analysis, Ya Horng Electronic Co stock appears to be undervalued. The current stock price of NT$48.65 is trading 14.7% below its estimated GF Value™ of NT$57.04. GuruFocus considers Ya Horng Electronic Co to be Modestly Undervalued.

Key valuation signals for TPE:6201:

  • Cyclically Adjusted Book per Share: NT$32.71
  • GF Value™: NT$57.04 vs. price of NT$48.65 (14.7% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the TPE:6201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ya Horng Electronic Co Business Description

Address No.35 Shalun, Anding Dist. Zhongsha Village, Tainan City, TWN, 745002
Ya Horng Electronic Co Ltd is a Taiwan-based electronic components manufacturing company. It is engaged in the production and sales of household appliances. The Company's main profitable business projects are the electronic audio messaging, small household appliances, medical devices, and electronic components.
81GF Score

Get the complete analysis for TPE:6201

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

NT$48.65
Price
NT$57.04
GF Value