Evertop Wire Cable (TPE:1616) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:1616 Evertop Wire Cable Corp TPE:1616
79 GF Score
Price NT$18.40
GF Value NT$27.51
Valuation Possible Value Trap
! 4 Warning Signs
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What is Evertop Wire Cable Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Evertop Wire Cable  (TPE:1616) 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.


Evertop Wire Cable Cyclically Adjusted PB Ratio Related Terms


Evertop Wire Cable Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evertop Wire Cable'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.

Evertop Wire Cable Cyclically Adjusted PB Ratio Chart

Evertop Wire Cable Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.72 1.39 1.85 2.66

Evertop Wire Cable Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.63 3.24 2.68 2.11 2.06

TPE:1616 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Evertop Wire Cable'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.


Evertop Wire Cable Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Evertop Wire Cable's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Evertop Wire Cable's Cyclically Adjusted PB Ratio falls into.


TPE:1616
79GF Score
Evertop Wire Cable Corp TPE:1616
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evertop Wire Cable 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.

Evertop Wire Cable's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Evertop Wire Cable'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)
=10.857/333.9520*333.9520
=10.857

Current CPI (Jun. 2026) = 333.9520.

Evertop Wire Cable Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.321 241.428 12.893
201612 9.195 241.432 12.719
201703 8.892 243.801 12.180
201706 8.972 244.955 12.232
201709 8.761 246.819 11.854
201712 8.331 246.524 11.286
201803 8.323 249.554 11.138
201806 8.514 251.989 11.283
201809 8.472 252.439 11.208
201812 8.484 251.233 11.277
201903 8.510 254.202 11.180
201906 8.451 256.143 11.018
201909 8.312 256.759 10.811
201912 8.109 256.974 10.538
202003 8.024 258.115 10.382
202006 8.066 257.797 10.449
202009 8.045 260.280 10.322
202012 7.950 260.474 10.193
202103 8.008 264.877 10.096
202106 8.160 271.696 10.030
202109 8.277 274.310 10.077
202112 8.404 278.802 10.066
202203 8.500 287.504 9.873
202206 8.570 296.311 9.659
202209 8.436 296.808 9.492
202212 8.734 296.797 9.827
202303 8.819 301.836 9.757
202306 9.166 305.109 10.032
202309 9.401 307.789 10.200
202312 9.914 306.746 10.793
202403 10.096 312.332 10.795
202406 9.656 314.175 10.264
202409 10.079 315.301 10.675
202412 11.659 315.605 12.337
202503 12.286 319.799 12.830
202506 11.249 322.561 11.646
202509 11.882 324.800 12.217
202512 11.704 324.054 12.061
202603 11.996 330.213 12.132
202606 10.857 333.952 10.857

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.

Is Evertop Wire Cable (TPE:1616) Overvalued in 2026?

Based on GuruFocus' analysis, Evertop Wire Cable stock appears to be undervalued. The current stock price of NT$18.40 is trading 33.1% below its estimated GF Value™ of NT$27.51. GuruFocus considers Evertop Wire Cable to be Possible Value Trap.

Key valuation signals for TPE:1616:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$27.51 vs. price of NT$18.40 (33.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the TPE:1616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evertop Wire Cable Business Description

Address No.1, Lane 91, Renai Road, 1st Floor, Section 2, Zhongzheng District, Taipei, TWN
Evertop Wire Cable Corp is engaged in the manufacturing, processing, sale, and installation of bare cooper wires, tinned wires, power cables, computer cables, insulated wires, coaxial cables, PVC wire cables, XLPE high and low voltage power cables, telecommunication cables, fiber optic cables, and rubber cables. The company generates a majority of its revenue from Taiwan and the rest from Vietnam.
79GF Score

Get the complete analysis for TPE:1616

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

NT$18.40
Price
NT$27.51
GF Value