Polytronics Technology (TPE:6224) Cyclically Adjusted Book per Share: NT$31.57 (As of Dec. 2025)


TPE:6224 Polytronics Technology Corp TPE:6224
80 GF Score
Price NT$74.50
GF Value NT$56.60
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Polytronics Technology Cyclically Adjusted Book per Share?

Polytronics Technology TPE:6224 80 Cyclically Adjusted Book per Share is NT$31.57 as of Dec. 2025. GuruFocus rates TPE:6224 with a GF Score™ of 80/100 and a GF Value™ of NT$56.60 (Significantly Overvalued). The stock has 10 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.

Polytronics Technology's adjusted book value per share for the three months ended in Dec. 2025 was NT$25.804. 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$31.57 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Polytronics Technology's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Polytronics Technology was 7.10% per year. The lowest was 2.00% per year. And the median was 5.45% per year.

As of today (2026-07-10), Polytronics Technology's current stock price is NT$74.50. Polytronics Technology's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$31.57. Polytronics Technology's Cyclically Adjusted PB Ratio of today is 2.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Polytronics Technology was 6.37. The lowest was 1.26. And the median was 2.15.


Polytronics Technology  (TPE:6224) 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.

Polytronics Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=74.50/31.57
=2.36

* 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 Polytronics Technology was 6.37. The lowest was 1.26. And the median was 2.15.


Be Aware

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


Polytronics Technology Cyclically Adjusted Book per Share Related Terms


Polytronics Technology Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Polytronics Technology'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.

Polytronics Technology Cyclically Adjusted Book per Share Chart

Polytronics Technology 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 27.55 29.73 30.86 31.48 31.57

Polytronics Technology 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 31.48 31.71 31.83 31.86 31.57

TPE:6224 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Polytronics Technology'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.


Polytronics Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6224
80GF Score
Polytronics Technology Corp TPE:6224
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polytronics Technology 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, Polytronics Technology'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)
=25.804/324.0540*324.0540
=25.804

Current CPI (Dec. 2025) = 324.0540.

Polytronics Technology Quarterly Data

Book Value per Share CPI Adj_Book
201603 26.120 238.132 35.545
201606 23.364 241.018 31.413
201609 24.341 241.428 32.671
201612 25.211 241.432 33.839
201703 25.639 243.801 34.079
201706 22.574 244.955 29.863
201709 23.722 246.819 31.145
201712 24.565 246.524 32.291
201803 25.805 249.554 33.509
201806 24.348 251.989 31.311
201809 25.061 252.439 32.171
201812 25.692 251.233 33.139
201903 26.567 254.202 33.867
201906 23.979 256.143 30.337
201909 25.250 256.759 31.868
201912 26.144 256.974 32.969
202003 23.536 258.115 29.549
202006 24.731 257.797 31.087
202009 26.213 260.280 32.636
202012 26.222 260.474 32.623
202103 28.567 264.877 34.949
202106 28.849 271.696 34.408
202109 31.345 274.310 37.029
202112 31.863 278.802 37.035
202203 29.302 287.504 33.027
202206 30.061 296.311 32.876
202209 30.555 296.808 33.360
202212 30.719 296.797 33.540
202303 29.082 301.836 31.223
202306 29.587 305.109 31.424
202309 29.934 307.789 31.516
202312 30.198 306.746 31.902
202403 28.673 312.332 29.749
202406 29.120 314.175 30.036
202409 25.780 315.301 26.496
202412 26.099 315.605 26.798
202503 26.164 319.799 26.512
202506 23.951 322.561 24.062
202509 25.306 324.800 25.248
202512 25.804 324.054 25.804

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$31.57 mean?
Polytronics Technology (TPE:6224) has a Cyclically Adjusted Book per Share of NT$31.57 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 Polytronics Technology and its competitors.
Is Polytronics Technology's Cyclically Adjusted Book per Share too high?
Polytronics Technology's current Cyclically Adjusted Book per Share is NT$31.57. Overall, Polytronics Technology has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polytronics Technology's Cyclically Adjusted Book per Share compare to APH and GLW?
Polytronics Technology's Cyclically Adjusted Book per Share of NT$31.57 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 Polytronics Technology and its competitors. Polytronics Technology's current Cyclically Adjusted Book per Share is NT$31.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polytronics Technology stock overvalued right now?
Based on GuruFocus' analysis, Polytronics Technology (TPE:6224) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.60, compared to a current price of NT$74.50 — trading 31.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$31.57. Polytronics Technology's overall GF Score™ is 80/100 with 10 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 Polytronics Technology (TPE:6224), the current Cyclically Adjusted Book per Share is NT$31.57 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 Polytronics Technology (TPE:6224) Overvalued in 2026?

Based on GuruFocus' analysis, Polytronics Technology stock appears to be overvalued. The current stock price of NT$74.50 is trading 31.6% above its estimated GF Value™ of NT$56.60. GuruFocus considers Polytronics Technology to be Significantly Overvalued.

Key valuation signals for TPE:6224:

  • Cyclically Adjusted Book per Share: NT$31.57
  • GF Value™: NT$56.60 vs. price of NT$74.50 (31.6% above fair value)
  • GF Score™: 80/100 with 10 warning signs

No single metric tells the full story. See the TPE:6224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polytronics Technology Business Description

Address No. 24-1 Industry E. Road. IV, Hsinchu Science Park, Hsinchu, TWN, 300
Polytronics Technology Corp, along with its subsidiaries, is a company that specializes in the research, development, manufacturing, and sale of polymeric positive temperature coefficient thermistors and overvoltage protection elements, as well as production-related semi-finished goods, modules, heat conductive substrates, thermal modules, heat dispersing materials, light emitting diode lighting, and modules. Geographically, the company operates in Taiwan, China (including Hong Kong) and America, and Others, of which it derives maximum revenue from China.
80GF Score

Get the complete analysis for TPE:6224

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

NT$74.50
Price
NT$56.60
GF Value