Iteq (TPE:6213) Cyclically Adjusted Book per Share: NT$47.25 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6213 Iteq Corp TPE:6213
69 GF Score
Price NT$309.50
GF Value NT$130.98
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Iteq Cyclically Adjusted Book per Share?

Iteq TPE:6213 -9.90% 69 Cyclically Adjusted Book per Share is NT$47.25 as of Mar. 2026. GuruFocus rates TPE:6213 with a GF Score™ of 69/100 and a GF Value™ of NT$130.98 (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.

Iteq's adjusted book value per share for the three months ended in Mar. 2026 was NT$58.040. 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$47.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Iteq's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.90% 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 Iteq was 15.30% per year. The lowest was 10.10% per year. And the median was 12.70% per year.

As of today (2026-07-25), Iteq's current stock price is NT$309.50. Iteq's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$47.25. Iteq's Cyclically Adjusted PB Ratio of today is 6.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Iteq was 8.34. The lowest was 1.28. And the median was 3.01.


Iteq  (TPE:6213) 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.

Iteq's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=309.50/47.25
=6.55

* 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 Iteq was 8.34. The lowest was 1.28. And the median was 3.01.


Be Aware

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


Iteq Cyclically Adjusted Book per Share Related Terms


Iteq Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Iteq'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.

Iteq Cyclically Adjusted Book per Share Chart

Iteq 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 29.28 34.21 38.01 41.95 45.71

Iteq Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 43.21 44.16 45.10 45.71 47.25

TPE:6213 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Iteq'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.


Iteq Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6213
69GF Score
Iteq Corp TPE:6213
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iteq 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, Iteq's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=58.04/330.2130*330.2130
=58.040

Current CPI (Mar. 2026) = 330.2130.

Iteq Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.128 241.018 28.947
201609 21.307 241.428 29.143
201612 21.996 241.432 30.085
201703 22.041 243.801 29.853
201706 20.846 244.955 28.102
201709 22.344 246.819 29.893
201712 23.195 246.524 31.069
201803 24.691 249.554 32.671
201806 23.133 251.989 30.314
201809 23.560 252.439 30.819
201812 25.443 251.233 33.442
201903 27.617 254.202 35.875
201906 25.436 256.143 32.791
201909 26.909 256.759 34.607
201912 28.415 256.974 36.513
202003 36.961 258.115 47.285
202006 34.055 257.797 43.621
202009 36.570 260.280 46.396
202012 39.417 260.474 49.970
202103 41.118 264.877 51.260
202106 43.374 271.696 52.716
202109 53.151 274.310 63.983
202112 55.658 278.802 65.921
202203 54.272 287.504 62.334
202206 54.709 296.311 60.968
202209 55.096 296.808 61.297
202212 55.409 296.797 61.647
202303 52.899 301.836 57.872
202306 51.567 305.109 55.810
202309 54.427 307.789 58.392
202312 53.560 306.746 57.658
202403 54.765 312.332 57.900
202406 55.915 314.175 58.769
202409 56.275 315.301 58.936
202412 56.883 315.605 59.516
202503 56.945 319.799 58.799
202506 50.660 322.561 51.862
202509 54.344 324.800 55.250
202512 58.562 324.054 59.675
202603 58.040 330.213 58.040

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$47.25 mean?
Iteq (TPE:6213) has a Cyclically Adjusted Book per Share of NT$47.25 as of Mar. 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 Iteq and its competitors.
Is Iteq's Cyclically Adjusted Book per Share too high?
Iteq's current Cyclically Adjusted Book per Share is NT$47.25. Overall, Iteq has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iteq's Cyclically Adjusted Book per Share compare to APH and GLW?
Iteq's Cyclically Adjusted Book per Share of NT$47.25 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 Iteq and its competitors. Iteq's current Cyclically Adjusted Book per Share is NT$47.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iteq stock overvalued right now?
Based on GuruFocus' analysis, Iteq (TPE:6213) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$130.98, compared to a current price of NT$309.50 — trading 136.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$47.25. Iteq's overall GF Score™ is 69/100 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 Iteq (TPE:6213), the current Cyclically Adjusted Book per Share is NT$47.25 as of Mar. 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 Iteq (TPE:6213) Overvalued in 2026?

Based on GuruFocus' analysis, Iteq stock appears to be overvalued. The current stock price of NT$309.50 is trading 136.3% above its estimated GF Value™ of NT$130.98. GuruFocus considers Iteq to be Significantly Overvalued.

Key valuation signals for TPE:6213:

  • Cyclically Adjusted Book per Share: NT$47.25
  • GF Value™: NT$130.98 vs. price of NT$309.50 (136.3% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the TPE:6213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iteq Business Description

Address No. 17, Daluge Road, Xinpu Township, Hsinchu, TWN, 305
Iteq Corp engages in the manufacturing and sales of mass lamination boards, copper clad laminates, prepreg products, electronic components, as well as the import and export trade of manufacturing equipment for the aforementioned products. Its reportable segments include ITEQ Corporation, ITEQ (WX), ITEQ (DG) and ITEQ (JX), the others. The company derives maximum revenue from ITEQ (WX) segment. Geographically, it operates in Asia, Europe and Others.
69GF Score

Get the complete analysis for TPE:6213

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

NT$309.50
Price
NT$130.98
GF Value