Formosa Advanced Technologies Co (TPE:8131) Cyclically Adjusted Book per Share: NT$31.15 (As of Jun. 2026)

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TPE:8131 Formosa Advanced Technologies Co Ltd TPE:8131
74 GF Score
Price NT$62.70
GF Value NT$53.88
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Formosa Advanced Technologies Co Cyclically Adjusted Book per Share?

Formosa Advanced Technologies Co TPE:8131 -0.95% 74 Cyclically Adjusted Book per Share is NT$31.15 as of Jun. 2026. GuruFocus rates TPE:8131 with a GF Score™ of 74/100 and a GF Value™ of NT$53.88 (Modestly 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.

Formosa Advanced Technologies Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$34.820. 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$31.15 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Formosa Advanced Technologies Co's average Cyclically Adjusted Book Growth Rate was 3.00% 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 4.40% 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 Formosa Advanced Technologies Co was 6.10% per year. The lowest was 2.40% per year. And the median was 4.40% per year.

As of today (2026-08-30), Formosa Advanced Technologies Co's current stock price is NT$62.70. Formosa Advanced Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$31.15. Formosa Advanced Technologies Co's Cyclically Adjusted PB Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Formosa Advanced Technologies Co was 2.62. The lowest was 0.84. And the median was 1.46.


Formosa Advanced Technologies Co  (TPE:8131) 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.

Formosa Advanced Technologies Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=62.70/31.15
=2.01

* 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 Formosa Advanced Technologies Co was 2.62. The lowest was 0.84. And the median was 1.46.


Be Aware

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


Formosa Advanced Technologies Co Cyclically Adjusted Book per Share Related Terms


Formosa Advanced Technologies Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Formosa Advanced Technologies 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.

Formosa Advanced Technologies Co Cyclically Adjusted Book per Share Chart

Formosa Advanced Technologies 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 26.21 28.10 29.12 29.85 30.18

Formosa Advanced Technologies Co 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 30.23 30.32 30.18 30.67 31.15

TPE:8131 vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Formosa Advanced Technologies 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.


Formosa Advanced Technologies Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Formosa Advanced Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Formosa Advanced Technologies Co's Cyclically Adjusted PB Ratio falls into.


TPE:8131
74GF Score
Formosa Advanced Technologies Co Ltd TPE:8131
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa Advanced Technologies 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, Formosa Advanced Technologies Co'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)
=34.82/333.9520*333.9520
=34.820

Current CPI (Jun. 2026) = 333.9520.

Formosa Advanced Technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 22.115 241.428 30.590
201612 23.225 241.432 32.125
201703 23.717 243.801 32.487
201706 22.665 244.955 30.900
201709 24.209 246.819 32.755
201712 25.059 246.524 33.946
201803 26.410 249.554 35.342
201806 25.241 251.989 33.451
201809 26.159 252.439 34.606
201812 25.680 251.233 34.135
201903 26.657 254.202 35.020
201906 24.670 256.143 32.164
201909 25.064 256.759 32.599
201912 25.847 256.974 33.590
202003 25.147 258.115 32.535
202006 24.335 257.797 31.524
202009 24.640 260.280 31.614
202012 26.718 260.474 34.255
202103 27.834 264.877 35.093
202106 26.156 271.696 32.149
202109 26.878 274.310 32.722
202112 27.819 278.802 33.322
202203 28.744 287.504 33.388
202206 27.168 296.311 30.619
202209 28.065 296.808 31.577
202212 28.744 296.797 32.342
202303 26.294 301.836 29.092
202306 26.705 305.109 29.230
202309 26.436 307.789 28.683
202312 26.700 306.746 29.068
202403 25.941 312.332 27.737
202406 26.245 314.175 27.897
202409 26.074 315.301 27.616
202412 24.652 315.605 26.085
202503 23.610 319.799 24.655
202506 23.058 322.561 23.872
202509 24.400 324.800 25.088
202512 27.695 324.054 28.541
202603 28.499 330.213 28.822
202606 34.820 333.952 34.820

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$31.15 mean?
Formosa Advanced Technologies Co (TPE:8131) has a Cyclically Adjusted Book per Share of NT$31.15 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 Formosa Advanced Technologies Co and its competitors.
Is Formosa Advanced Technologies Co's Cyclically Adjusted Book per Share too high?
Formosa Advanced Technologies Co's current Cyclically Adjusted Book per Share is NT$31.15. Overall, Formosa Advanced Technologies Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Advanced Technologies Co's Cyclically Adjusted Book per Share compare to NVDA and AVGO?
Formosa Advanced Technologies Co's Cyclically Adjusted Book per Share of NT$31.15 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 Formosa Advanced Technologies Co and its competitors. Formosa Advanced Technologies Co's current Cyclically Adjusted Book per Share is NT$31.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Advanced Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Formosa Advanced Technologies Co (TPE:8131) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$53.88, compared to a current price of NT$62.70 — trading 16.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$31.15. Formosa Advanced Technologies Co's overall GF Score™ is 74/100 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 Formosa Advanced Technologies Co (TPE:8131), the current Cyclically Adjusted Book per Share is NT$31.15 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 Formosa Advanced Technologies Co (TPE:8131) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Advanced Technologies Co stock appears to be overvalued. The current stock price of NT$62.70 is trading 16.4% above its estimated GF Value™ of NT$53.88. GuruFocus considers Formosa Advanced Technologies Co to be Modestly Overvalued.

Key valuation signals for TPE:8131:

  • Cyclically Adjusted Book per Share: NT$31.15
  • GF Value™: NT$53.88 vs. price of NT$62.70 (16.4% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the TPE:8131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Advanced Technologies Co Business Description

Address No.329, Henan Street, Liuzhong Viliage, Yunlin County, Douliu, TWN, 640
Formosa Advanced Technologies Co Ltd is a professional manufacturer of DRAM assembly, testing, and module Turn-Key service in Taiwan. The group's business activity is operated in Taiwan, the USA, China, Korea, Mainland China, and Others. The company's operating segment includes the integrated-chips ("IC" ) department and the module department. The integrated-chips department includes packaging, testing, processing, and research and development of integrated chips. The module department includes the assembly, testing, and research and development of module pieces.
74GF Score

Get the complete analysis for TPE:8131

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

NT$62.70
Price
NT$53.88
GF Value