Darfon Electronics (TPE:8163) Cyclically Adjusted Book per Share: NT$40.36 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:8163 Darfon Electronics Corp TPE:8163
71 GF Score
Price NT$31.85
GF Value NT$46.06
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Darfon Electronics Cyclically Adjusted Book per Share?

Darfon Electronics TPE:8163 +0.95% 71 Cyclically Adjusted Book per Share is NT$40.36 as of Jun. 2026. GuruFocus rates TPE:8163 with a GF Score™ of 71/100 and a GF Value™ of NT$46.06 (Possible Value Trap). The stock has 7 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.

Darfon Electronics's adjusted book value per share for the three months ended in Jun. 2026 was NT$38.996. 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$40.36 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Darfon Electronics's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Darfon Electronics was 6.20% per year. The lowest was 3.60% per year. And the median was 5.10% per year.

As of today (2026-08-30), Darfon Electronics's current stock price is NT$31.85. Darfon Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$40.36. Darfon Electronics's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Darfon Electronics was 1.87. The lowest was 0.67. And the median was 1.24.


Darfon Electronics  (TPE:8163) 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.

Darfon Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.85/40.36
=0.79

* 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 Darfon Electronics was 1.87. The lowest was 0.67. And the median was 1.24.


Be Aware

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


Darfon Electronics Cyclically Adjusted Book per Share Related Terms


Darfon Electronics Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Darfon Electronics'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.

Darfon Electronics Cyclically Adjusted Book per Share Chart

Darfon Electronics 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 33.08 35.33 37.03 38.58 39.31

Darfon Electronics 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 39.40 39.55 39.31 39.92 40.36

TPE:8163 vs DELL, ANET, SNDK: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Darfon Electronics'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.


Darfon Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:8163
71GF Score
Darfon Electronics Corp TPE:8163
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Darfon Electronics 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, Darfon Electronics'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)
=38.996/333.9520*333.9520
=38.996

Current CPI (Jun. 2026) = 333.9520.

Darfon Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201609 28.374 241.428 39.248
201612 29.606 241.432 40.951
201703 28.563 243.801 39.125
201706 27.365 244.955 37.307
201709 28.131 246.819 38.062
201712 28.528 246.524 38.645
201803 28.743 249.554 38.464
201806 28.741 251.989 38.089
201809 30.488 252.439 40.333
201812 31.823 251.233 42.301
201903 32.843 254.202 43.147
201906 30.185 256.143 39.354
201909 30.764 256.759 40.013
201912 31.002 256.974 40.289
202003 28.022 258.115 36.255
202006 28.982 257.797 37.543
202009 30.140 260.280 38.671
202012 32.825 260.474 42.085
202103 31.845 264.877 40.150
202106 32.147 271.696 39.513
202109 32.873 274.310 40.020
202112 35.151 278.802 42.104
202203 34.427 287.504 39.989
202206 34.933 296.311 39.371
202209 36.840 296.808 41.450
202212 37.552 296.797 42.253
202303 35.594 301.836 39.381
202306 39.079 305.109 42.773
202309 43.833 307.789 47.559
202312 43.909 306.746 47.803
202403 40.910 312.332 43.742
202406 40.758 314.175 43.324
202409 40.829 315.301 43.244
202412 41.060 315.605 43.447
202503 39.080 319.799 40.810
202506 34.574 322.561 35.795
202509 36.781 324.800 37.817
202512 36.596 324.054 37.714
202603 36.835 330.213 37.252
202606 38.996 333.952 38.996

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$40.36 mean?
Darfon Electronics (TPE:8163) has a Cyclically Adjusted Book per Share of NT$40.36 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 Darfon Electronics and its competitors.
Is Darfon Electronics' Cyclically Adjusted Book per Share too high?
Darfon Electronics' current Cyclically Adjusted Book per Share is NT$40.36. Overall, Darfon Electronics has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Darfon Electronics' Cyclically Adjusted Book per Share compare to DELL and ANET?
Darfon Electronics' Cyclically Adjusted Book per Share of NT$40.36 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 Darfon Electronics and its competitors. Darfon Electronics's current Cyclically Adjusted Book per Share is NT$40.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darfon Electronics stock overvalued right now?
Based on GuruFocus' analysis, Darfon Electronics (TPE:8163) is currently considered Possible Value Trap. The stock's GF Value™ is NT$46.06, compared to a current price of NT$31.85 — trading 30.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$40.36. Darfon Electronics' overall GF Score™ is 71/100 with 7 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 Darfon Electronics (TPE:8163), the current Cyclically Adjusted Book per Share is NT$40.36 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 Darfon Electronics (TPE:8163) Overvalued in 2026?

Based on GuruFocus' analysis, Darfon Electronics stock appears to be undervalued. The current stock price of NT$31.85 is trading 30.9% below its estimated GF Value™ of NT$46.06. GuruFocus considers Darfon Electronics to be Possible Value Trap.

Key valuation signals for TPE:8163:

  • Cyclically Adjusted Book per Share: NT$40.36
  • GF Value™: NT$46.06 vs. price of NT$31.85 (30.9% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the TPE:8163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Darfon Electronics Business Description

Address 167-1 Shan-ying Road, Gueishan, Taoyuan, TWN, 333
Darfon Electronics Corp is engaged in the research, development, design, manufacture, and sale of computer peripheral devices, electronic components, and green energy-related products. Its product lines include peripheral electronic products, green energy products, and passive components. Its operations are spread across Taiwan, Mainland China, the United States of America, and Others.
71GF Score

Get the complete analysis for TPE:8163

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

NT$31.85
Price
NT$46.06
GF Value