Nan Ya Printed Circuit Board (TPE:8046) Cyclically Adjusted Book per Share: NT$67.79 (As of Dec. 2025)


TPE:8046 Nan Ya Printed Circuit Board Corp TPE:8046
58 GF Score
Price NT$1,075.00
GF Value NT$217.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nan Ya Printed Circuit Board Cyclically Adjusted Book per Share?

Nan Ya Printed Circuit Board TPE:8046 -9.28% 58 Cyclically Adjusted Book per Share is NT$67.79 as of Dec. 2025. GuruFocus rates TPE:8046 with a GF Score™ of 58/100 and a GF Value™ of NT$217.00 (Significantly Overvalued). The stock has 5 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.

Nan Ya Printed Circuit Board's adjusted book value per share for the three months ended in Dec. 2025 was NT$71.379. 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$67.79 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nan Ya Printed Circuit Board's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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 Nan Ya Printed Circuit Board was 5.70% per year. The lowest was 0.80% per year. And the median was 4.20% per year.

As of today (2026-07-06), Nan Ya Printed Circuit Board's current stock price is NT$1075.00. Nan Ya Printed Circuit Board's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$67.79. Nan Ya Printed Circuit Board's Cyclically Adjusted PB Ratio of today is 15.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nan Ya Printed Circuit Board was 17.48. The lowest was 0.55. And the median was 3.38.


Nan Ya Printed Circuit Board  (TPE:8046) 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.

Nan Ya Printed Circuit Board's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1075.00/67.79
=15.86

* 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 Nan Ya Printed Circuit Board was 17.48. The lowest was 0.55. And the median was 3.38.


Be Aware

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


Nan Ya Printed Circuit Board Cyclically Adjusted Book per Share Related Terms


Nan Ya Printed Circuit Board Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nan Ya Printed Circuit Board'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.

Nan Ya Printed Circuit Board Cyclically Adjusted Book per Share Chart

Nan Ya Printed Circuit Board 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 58.59 63.12 65.60 66.83 67.79

Nan Ya Printed Circuit Board 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 66.83 67.47 67.84 68.10 67.79

TPE:8046 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Nan Ya Printed Circuit Board'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.


Nan Ya Printed Circuit Board Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nan Ya Printed Circuit Board's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nan Ya Printed Circuit Board's Cyclically Adjusted PB Ratio falls into.


TPE:8046
58GF Score
Nan Ya Printed Circuit Board Corp TPE:8046
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nan Ya Printed Circuit Board 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, Nan Ya Printed Circuit Board'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)
=71.379/324.0540*324.0540
=71.379

Current CPI (Dec. 2025) = 324.0540.

Nan Ya Printed Circuit Board Quarterly Data

Book Value per Share CPI Adj_Book
201603 56.222 238.132 76.508
201606 54.042 241.018 72.661
201609 52.526 241.428 70.502
201612 51.628 241.432 69.296
201703 49.323 243.801 65.559
201706 48.596 244.955 64.288
201709 48.204 246.819 63.288
201712 47.598 246.524 62.567
201803 46.915 249.554 60.921
201806 46.029 251.989 59.193
201809 45.629 252.439 58.574
201812 46.011 251.233 59.347
201903 45.859 254.202 58.461
201906 44.930 256.143 56.842
201909 45.115 256.759 56.939
201912 45.228 256.974 57.034
202003 45.776 258.115 57.470
202006 46.116 257.797 57.968
202009 48.003 260.280 59.765
202012 50.084 260.474 62.309
202103 52.452 264.877 64.170
202106 52.554 271.696 62.682
202109 57.300 274.310 67.691
202112 62.645 278.802 72.813
202203 69.357 287.504 78.174
202206 66.491 296.311 72.716
202209 75.255 296.808 82.163
202212 83.141 296.797 90.776
202303 68.888 301.836 73.959
202306 70.481 305.109 74.857
202309 73.349 307.789 77.225
202312 74.142 306.746 78.325
202403 69.498 312.332 72.106
202406 69.926 314.175 72.125
202409 69.741 315.301 71.677
202412 70.339 315.605 72.222
202503 70.048 319.799 70.980
202506 67.026 322.561 67.336
202509 68.725 324.800 68.567
202512 71.379 324.054 71.379

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$67.79 mean?
Nan Ya Printed Circuit Board (TPE:8046) has a Cyclically Adjusted Book per Share of NT$67.79 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 Nan Ya Printed Circuit Board and its competitors.
Is Nan Ya Printed Circuit Board's Cyclically Adjusted Book per Share too high?
Nan Ya Printed Circuit Board's current Cyclically Adjusted Book per Share is NT$67.79. Overall, Nan Ya Printed Circuit Board has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nan Ya Printed Circuit Board's Cyclically Adjusted Book per Share compare to APH and GLW?
Nan Ya Printed Circuit Board's Cyclically Adjusted Book per Share of NT$67.79 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 Nan Ya Printed Circuit Board and its competitors. Nan Ya Printed Circuit Board's current Cyclically Adjusted Book per Share is NT$67.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Ya Printed Circuit Board stock overvalued right now?
Based on GuruFocus' analysis, Nan Ya Printed Circuit Board (TPE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$217.00, compared to a current price of NT$1,075.00 — trading 395.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$67.79. Nan Ya Printed Circuit Board's overall GF Score™ is 58/100 with 5 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 Nan Ya Printed Circuit Board (TPE:8046), the current Cyclically Adjusted Book per Share is NT$67.79 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 Nan Ya Printed Circuit Board (TPE:8046) Overvalued in 2026?

Based on GuruFocus' analysis, Nan Ya Printed Circuit Board stock appears to be overvalued. The current stock price of NT$1,075.00 is trading 395.4% above its estimated GF Value™ of NT$217.00. GuruFocus considers Nan Ya Printed Circuit Board to be Significantly Overvalued.

Key valuation signals for TPE:8046:

  • Cyclically Adjusted Book per Share: NT$67.79
  • GF Value™: NT$217.00 vs. price of NT$1,075.00 (395.4% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the TPE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nan Ya Printed Circuit Board Business Description

Address Nanjing East Road, 7th Floor, No. 390, Section 6, Neihu District, Taipei, TWN
Nan Ya Printed Circuit Board Corp is engaged in the production, manufacturing, and research and development of Printed Circuit Boards (PCBs) and integrated circuit substrates. The company has three operating segments: the Domestic segment, the American segment, and the Asian segment. Its geographical markets are Taiwan, the USA, Mainland China, Korea, and Others. The company generates a majority of its revenue from the Domestic segment.
58GF Score

Get the complete analysis for TPE:8046

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

NT$1,075.00
Price
NT$217.00
GF Value