Alexander Marine Co (TPE:8478) Cyclically Adjusted Book per Share: NT$54.98 (As of Jun. 2026)

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TPE:8478 Alexander Marine Co Ltd TPE:8478
82 GF Score
Price NT$141.50
GF Value NT$234.63
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Alexander Marine Co Cyclically Adjusted Book per Share?

Alexander Marine Co TPE:8478 -2.08% 82 Cyclically Adjusted Book per Share is NT$54.98 as of Jun. 2026. GuruFocus rates TPE:8478 with a GF Score™ of 82/100 and a GF Value™ of NT$234.63 (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.

Alexander Marine Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$97.409. 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$54.98 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Alexander Marine Co's average Cyclically Adjusted Book Growth Rate was 21.10% 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 (2026-08-29), Alexander Marine Co's current stock price is NT$141.50. Alexander Marine Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$54.98. Alexander Marine Co's Cyclically Adjusted PB Ratio of today is 2.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alexander Marine Co was 7.40. The lowest was 2.57. And the median was 4.05.


Alexander Marine Co  (TPE:8478) 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.

Alexander Marine Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=141.50/54.98
=2.57

* 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 Alexander Marine Co was 7.40. The lowest was 2.57. And the median was 4.05.


Be Aware

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


Alexander Marine Co Cyclically Adjusted Book per Share Related Terms


Alexander Marine Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Alexander Marine 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.

Alexander Marine Co Cyclically Adjusted Book per Share Chart

Alexander Marine 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 0.00 0.00 0.00 41.30 49.58

Alexander Marine 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 45.39 47.75 49.58 52.58 54.98

TPE:8478 vs BC, PII, THO: Cyclically Adjusted Book per Share Comparison

For the Recreational Vehicles subindustry, Alexander Marine 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.


Alexander Marine Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alexander Marine Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alexander Marine Co's Cyclically Adjusted PB Ratio falls into.


TPE:8478
82GF Score
Alexander Marine Co Ltd TPE:8478
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Marine 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, Alexander Marine 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)
=97.409/333.9520*333.9520
=97.409

Current CPI (Jun. 2026) = 333.9520.

Alexander Marine Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 20.579 241.432 28.465
201703 19.466 243.801 26.664
201706 21.357 244.955 29.116
201709 21.813 246.819 29.514
201712 29.087 246.524 39.402
201803 28.390 249.554 37.991
201806 27.865 251.989 36.928
201809 26.125 252.439 34.561
201812 29.869 251.233 39.703
201903 26.980 254.202 35.444
201906 28.844 256.143 37.606
201909 27.131 256.759 35.288
201912 28.352 256.974 36.845
202003 28.081 258.115 36.332
202006 30.031 257.797 38.902
202009 26.164 260.280 33.570
202012 27.469 260.474 35.218
202103 27.625 264.877 34.829
202106 30.512 271.696 37.503
202109 31.362 274.310 38.181
202112 34.135 278.802 40.887
202203 39.592 287.504 45.988
202206 42.217 296.311 47.580
202209 49.951 296.808 56.202
202212 52.778 296.797 59.385
202303 59.303 301.836 65.613
202306 56.365 305.109 61.693
202309 63.445 307.789 68.838
202312 65.983 306.746 71.835
202403 75.067 312.332 80.263
202406 70.151 314.175 74.567
202409 91.321 315.301 96.723
202412 91.338 315.605 96.648
202503 92.990 319.799 97.105
202506 82.730 322.561 85.652
202509 91.022 324.800 93.587
202512 96.360 324.054 99.303
202603 101.749 330.213 102.901
202606 97.409 333.952 97.409

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$54.98 mean?
Alexander Marine Co (TPE:8478) has a Cyclically Adjusted Book per Share of NT$54.98 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 Alexander Marine Co and its competitors.
Is Alexander Marine Co's Cyclically Adjusted Book per Share too high?
Alexander Marine Co's current Cyclically Adjusted Book per Share is NT$54.98. Overall, Alexander Marine Co has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexander Marine Co's Cyclically Adjusted Book per Share compare to BC and PII?
Alexander Marine Co's Cyclically Adjusted Book per Share of NT$54.98 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Alexander Marine Co and its competitors. Alexander Marine Co's current Cyclically Adjusted Book per Share is NT$54.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Alexander Marine Co (TPE:8478) is currently considered Possible Value Trap. The stock's GF Value™ is NT$234.63, compared to a current price of NT$141.50 — trading 39.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$54.98. Alexander Marine Co's overall GF Score™ is 82/100 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 Alexander Marine Co (TPE:8478), the current Cyclically Adjusted Book per Share is NT$54.98 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 Alexander Marine Co (TPE:8478) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Marine Co stock appears to be undervalued. The current stock price of NT$141.50 is trading 39.7% below its estimated GF Value™ of NT$234.63. GuruFocus considers Alexander Marine Co to be Possible Value Trap.

Key valuation signals for TPE:8478:

  • Cyclically Adjusted Book per Share: NT$54.98
  • GF Value™: NT$234.63 vs. price of NT$141.50 (39.7% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the TPE:8478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alexander Marine Co Business Description

Address No. 1, Jin-Fu Road, Qian-Zhen District, Kaohsiung City, TWN, 806
Alexander Marine Co Ltd mainly manufactures and sells yachts. The main operations of the Corporation and its subsidiaries are the manufacturing, processing, and selling of yachts.
82GF Score

Get the complete analysis for TPE:8478

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

NT$141.50
Price
NT$234.63
GF Value