TAIT (Taitron Components) Cyclically Adjusted PB Ratio: 0.54 (As of Jul. 16, 2026) — 39% Below Median

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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.

TAIT Taitron Components Inc TAIT
67 GF Score
Price $1.59
GF Value $1.58
Valuation Fairly Valued
! 3 Warning Signs
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What is Taitron Components Cyclically Adjusted PB Ratio?

Taitron Components TAIT -4.22% 67 Cyclically Adjusted PB Ratio is 0.54 as of Jul. 16, 2026, which is 39% below its 10-year median of 0.89. GuruFocus rates TAIT with a GF Score™ of 67/100 and a GF Value™ of $1.58 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,984 Hardware companies, Taitron Components ranks better than 85.69% on this metric.

As of today (2026-07-16), Taitron Components's current share price is $1.59. Taitron Components's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was $2.93. Taitron Components's Cyclically Adjusted PB Ratio for today is 0.54.

The historical rank and industry rank for Taitron Components's Cyclically Adjusted PB Ratio or its related term are showing as below:

TAIT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.89   Max: 2.1
Current: 0.55

During the past years, Taitron Components's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 0.28. And the median was 0.89.

TAIT's Cyclically Adjusted PB Ratio is ranked better than
85.69% of 1984 companies
in the Hardware industry
Industry Median: 2.15 vs TAIT: 0.55

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.

Taitron Components's adjusted book value per share data for the three months ended in Sep. 2025 was $2.502. 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 $2.93 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taitron Components  (OTCPK:TAIT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Taitron Components Cyclically Adjusted PB Ratio Related Terms


Taitron Components Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taitron Components's Cyclically Adjusted PB Ratio 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.

Taitron Components Cyclically Adjusted PB Ratio Chart

Taitron Components Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.38 1.17 1.20 0.88

Taitron Components Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Cyclically Adjusted PB Ratio 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 0.99 0.88 0.86 0.76 0.85

TAIT vs IZM, SPRS, SNX: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Taitron Components'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.


Taitron Components Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TAIT
67GF Score
Taitron Components Inc TAIT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taitron Components Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Taitron Components's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.59/2.93
=0.54

* 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.

Taitron Components's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Taitron Components's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=2.502/324.8000*324.8000
=2.502

Current CPI (Sep. 2025) = 324.8000.

Taitron Components Quarterly Data

Book Value per Share CPI Adj_Book
201512 2.730 236.525 3.749
201603 2.719 238.132 3.709
201606 2.709 241.018 3.651
201609 2.691 241.428 3.620
201612 2.094 241.432 2.817
201703 2.121 243.801 2.826
201706 2.125 244.955 2.818
201709 2.128 246.819 2.800
201712 2.111 246.524 2.781
201803 2.096 249.554 2.728
201806 2.140 251.989 2.758
201809 2.157 252.439 2.775
201812 2.238 251.233 2.893
201903 2.230 254.202 2.849
201906 2.234 256.143 2.833
201909 2.271 256.759 2.873
201912 2.210 256.974 2.793
202003 2.184 258.115 2.748
202006 2.169 257.797 2.733
202009 2.211 260.280 2.759
202012 2.273 260.474 2.834
202103 2.290 264.877 2.808
202106 2.348 271.696 2.807
202109 2.421 274.310 2.867
202112 2.448 278.802 2.852
202203 2.749 287.504 3.106
202206 2.688 296.311 2.946
202209 2.729 296.808 2.986
202212 2.691 296.797 2.945
202303 2.768 301.836 2.979
202306 2.807 305.109 2.988
202309 2.824 307.789 2.980
202312 2.797 306.746 2.962
202403 2.841 312.332 2.954
202406 2.853 314.175 2.949
202409 2.850 315.301 2.936
202412 2.751 315.605 2.831
202503 2.651 319.799 2.692
202506 2.545 322.561 2.563
202509 2.502 324.800 2.502

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 0.54 mean?
Taitron Components (TAIT) has a Cyclically Adjusted PB Ratio of 0.54 as of Jul. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Taitron Components and its competitors. This is 39% below median its historical median of 0.89. Over the past decade, Taitron Components' Cyclically Adjusted PB Ratio has ranged from 0.28 to 2.10. According to the industry distribution chart, Taitron Components ranks #284 out of 1984 companies in the Hardware industry, placing it in the top 14.3%.
Is Taitron Components' Cyclically Adjusted PB Ratio too high?
Taitron Components' current Cyclically Adjusted PB Ratio of 0.54 is 39% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.10. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. Taitron Components' value of 0.54 is 74.9% below this industry median. Based on the distribution chart, Taitron Components ranks #284 out of 1984 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Taitron Components has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taitron Components' Cyclically Adjusted PB Ratio compare to IZM and SPRS?
According to the Hardware industry distribution chart, Taitron Components ranks #284 out of 1984 companies for Cyclically Adjusted PB Ratio. This places Taitron Components in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.15. Taitron Components' value of 0.54 is 74.9% below this benchmark. Historically, Taitron Components' own Cyclically Adjusted PB Ratio has ranged from 0.28 to 2.10 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 2.15, Taitron Components has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.15, based on 1,984 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taitron Components's current Cyclically Adjusted PB Ratio of 0.54 is 74.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Taitron Components and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taitron Components's current Cyclically Adjusted PB Ratio is 0.54, which is 39% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taitron Components stock overvalued right now?
Based on GuruFocus' analysis, Taitron Components (TAIT) is currently considered Fairly Valued. The stock's GF Value™ is $1.58, compared to a current price of $1.59 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 39% below median its 10-year median of 0.89 and 74.9% below the Hardware industry median of 2.15. Taitron Components' overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Taitron Components (TAIT), the current Cyclically Adjusted PB Ratio is 0.54 as of Jul. 16, 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 Taitron Components (TAIT) Overvalued in 2026?

Based on GuruFocus' analysis, Taitron Components stock appears to be overvalued. The current stock price of $1.59 is trading 0.6% above its estimated GF Value™ of $1.58. GuruFocus considers Taitron Components to be Fairly Valued.

Key valuation signals for TAIT:

  • Cyclically Adjusted PB Ratio: 0.54 (39% below median its 10-year median of 0.89)
  • GF Value™: $1.58 vs. price of $1.59 (0.6% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 74.9% below the Hardware median (#284 of 1984)

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


Taitron Components Business Description

Address 28040 West Harrison Parkway, Valencia, CA, USA, 91355
Taitron Components Inc is a national distributor of brand name electronic components and supplier of original designed and manufactured (ODM) electronic components (ODM Components), with product offerings ranging from discrete semiconductors through small electronic devices. It also offer value-added engineering and turn-key services, focusing on providing contract electronic manufacturers ("CEM"s) and original equipment manufacturers (OEMs) with ODM services for their multi-year turn-key projects. The company maintain two divisions in Taiwan and China.
67GF Score

Get the complete analysis for TAIT

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

$1.59
Price
$1.58
GF Value