GEM Services (TPE:6525) Cyclically Adjusted Book per Share: NT$34.28 (As of Jun. 2026)

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TPE:6525 GEM Services Inc TPE:6525
85 GF Score
Price NT$138.00
GF Value NT$87.33
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is GEM Services Cyclically Adjusted Book per Share?

GEM Services TPE:6525 -2.47% 85 Cyclically Adjusted Book per Share is NT$34.28 as of Jun. 2026. GuruFocus rates TPE:6525 with a GF Score™ of 85/100 and a GF Value™ of NT$87.33 (Significantly Overvalued). 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.

GEM Services's adjusted book value per share for the three months ended in Jun. 2026 was NT$36.524. 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$34.28 for the trailing ten years ended in Jun. 2026.

During the past 12 months, GEM Services's average Cyclically Adjusted Book Growth Rate was 5.50% 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.

As of today (2026-08-22), GEM Services's current stock price is NT$138.00. GEM Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$34.28. GEM Services's Cyclically Adjusted PB Ratio of today is 4.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GEM Services was 5.82. The lowest was 1.92. And the median was 2.29.


GEM Services  (TPE:6525) 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.

GEM Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=138.00/34.28
=4.03

* 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 GEM Services was 5.82. The lowest was 1.92. And the median was 2.29.


Be Aware

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


GEM Services Cyclically Adjusted Book per Share Related Terms


GEM Services Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GEM Services'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.

GEM Services Cyclically Adjusted Book per Share Chart

GEM Services 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 0.00 0.00 0.00 31.81 32.91

GEM Services 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 32.48 32.73 32.91 33.69 34.28

TPE:6525 vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, GEM Services'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.


GEM Services Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:6525
85GF Score
GEM Services Inc TPE:6525
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GEM Services 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, GEM Services'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)
=36.524/333.9520*333.9520
=36.524

Current CPI (Jun. 2026) = 333.9520.

GEM Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.793 241.428 28.762
201612 22.198 241.432 30.705
201703 22.287 243.801 30.528
201706 20.601 244.955 28.086
201709 22.052 246.819 29.837
201712 23.511 246.524 31.849
201803 24.678 249.554 33.024
201806 23.976 251.989 31.775
201809 25.768 252.439 34.089
201812 27.124 251.233 36.055
201903 28.432 254.202 37.352
201906 26.011 256.143 33.912
201909 27.169 256.759 35.337
201912 27.993 256.974 36.378
202003 25.424 258.115 32.894
202006 26.704 257.797 34.593
202009 28.364 260.280 36.392
202012 29.829 260.474 38.244
202103 26.932 264.877 33.955
202106 28.373 271.696 34.874
202109 30.228 274.310 36.800
202112 31.997 278.802 38.326
202203 28.995 287.504 33.679
202206 30.562 296.311 34.444
202209 33.064 296.808 37.202
202212 33.661 296.797 37.875
202303 29.373 301.836 32.498
202306 30.151 305.109 33.001
202309 32.093 307.789 34.821
202312 32.200 306.746 35.056
202403 30.678 312.332 32.802
202406 32.319 314.175 34.353
202409 33.265 315.301 35.233
202412 35.042 315.605 37.079
202503 32.728 319.799 34.176
202506 30.861 322.561 31.951
202509 33.788 324.800 34.740
202512 36.379 324.054 37.490
202603 33.981 330.213 34.366
202606 36.524 333.952 36.524

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$34.28 mean?
GEM Services (TPE:6525) has a Cyclically Adjusted Book per Share of NT$34.28 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 GEM Services and its competitors.
Is GEM Services' Cyclically Adjusted Book per Share too high?
GEM Services' current Cyclically Adjusted Book per Share is NT$34.28. Overall, GEM Services has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GEM Services' Cyclically Adjusted Book per Share compare to NVDA and AVGO?
GEM Services' Cyclically Adjusted Book per Share of NT$34.28 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors 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 GEM Services and its competitors. GEM Services's current Cyclically Adjusted Book per Share is NT$34.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEM Services stock overvalued right now?
Based on GuruFocus' analysis, GEM Services (TPE:6525) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$87.33, compared to a current price of NT$138.00 — trading 58% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$34.28. GEM Services' overall GF Score™ is 85/100 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 GEM Services (TPE:6525), the current Cyclically Adjusted Book per Share is NT$34.28 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 GEM Services (TPE:6525) Overvalued in 2026?

Based on GuruFocus' analysis, GEM Services stock appears to be overvalued. The current stock price of NT$138.00 is trading 58% above its estimated GF Value™ of NT$87.33. GuruFocus considers GEM Services to be Significantly Overvalued.

Key valuation signals for TPE:6525:

  • Cyclically Adjusted Book per Share: NT$34.28
  • GF Value™: NT$87.33 vs. price of NT$138.00 (58% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the TPE:6525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GEM Services Business Description

Address Harbour Place, PO Box 472, 2nd Floor, Grand Cayman, CYM, 1106
GEM Services Inc is a multinational semiconductor assembly and test contractor specializing in small-outline surface-mount packages for power management semiconductors and serving semiconductor manufacturers across communication, computing, industrial, and automotive applications. Its business activities include semiconductor packaging and testing, foundry and plant leasing, with semiconductor products generating the majority of revenue, along with services such as electroplating. The Company provides outsourcing services to IDM and fabless semiconductor companies, including packaging development, wafer processing, assembly, testing, logistics, and reliability services. It operates in Taiwan and Mainland China, with Taiwan generating the majority of revenue.
85GF Score

Get the complete analysis for TPE:6525

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

NT$138.00
Price
NT$87.33
GF Value