Kinpo Electronics (TPE:2312) Cyclically Adjusted PB Ratio: 2.17 (As of Aug. 06, 2026) — 113% Above Median

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TPE:2312 Kinpo Electronics Inc TPE:2312
59 GF Score
Price NT$32.20
GF Value NT$18.12
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kinpo Electronics Cyclically Adjusted PB Ratio?

Kinpo Electronics TPE:2312 +0.63% 59 Cyclically Adjusted PB Ratio is 2.17 as of Aug. 06, 2026, which is 113% above its 10-year median of 1.02. GuruFocus rates TPE:2312 with a GF Score™ of 59/100 and a GF Value™ of NT$18.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,968 Hardware companies, Kinpo Electronics ranks worse than 52.29% on this metric.

As of today (2026-08-06), Kinpo Electronics's current share price is NT$32.20. Kinpo Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$14.87. Kinpo Electronics's Cyclically Adjusted PB Ratio for today is 2.17.

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

TPE:2312' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.02   Max: 2.3
Current: 2.13

During the past years, Kinpo Electronics's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 0.72. And the median was 1.02.

TPE:2312's Cyclically Adjusted PB Ratio is ranked worse than
52.29% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:2312: 2.13

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.

Kinpo Electronics's adjusted book value per share data for the three months ended in Mar. 2026 was NT$14.921. 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$14.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinpo Electronics  (TPE:2312) 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.


Kinpo Electronics Cyclically Adjusted PB Ratio Related Terms


Kinpo Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kinpo Electronics'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.

Kinpo Electronics Cyclically Adjusted PB Ratio Chart

Kinpo Electronics 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 1.21 0.98 1.15 1.81 1.53

Kinpo Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.46 1.38 1.32 1.53 1.45

TPE:2312 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Kinpo 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.


Kinpo Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2312
59GF Score
Kinpo Electronics Inc TPE:2312
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinpo Electronics 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.

Kinpo Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.20/14.87
=2.17

* 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.

Kinpo Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kinpo Electronics's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.921/330.2130*330.2130
=14.921

Current CPI (Mar. 2026) = 330.2130.

Kinpo Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.237 241.018 16.766
201609 12.098 241.428 16.547
201612 11.932 241.432 16.320
201703 11.964 243.801 16.204
201706 11.922 244.955 16.072
201709 12.291 246.819 16.444
201712 12.197 246.524 16.338
201803 12.000 249.554 15.879
201806 11.673 251.989 15.297
201809 11.745 252.439 15.364
201812 11.678 251.233 15.349
201903 12.086 254.202 15.700
201906 11.972 256.143 15.434
201909 11.709 256.759 15.059
201912 11.325 256.974 14.553
202003 10.580 258.115 13.535
202006 10.658 257.797 13.652
202009 10.880 260.280 13.803
202012 11.024 260.474 13.976
202103 11.342 264.877 14.140
202106 11.059 271.696 13.441
202109 11.128 274.310 13.396
202112 10.979 278.802 13.004
202203 11.642 287.504 13.371
202206 11.629 296.311 12.960
202209 12.258 296.808 13.638
202212 12.113 296.797 13.477
202303 12.087 301.836 13.223
202306 12.857 305.109 13.915
202309 13.914 307.789 14.928
202312 14.491 306.746 15.600
202403 14.510 312.332 15.341
202406 14.863 314.175 15.622
202409 14.877 315.301 15.581
202412 15.791 315.605 16.522
202503 15.285 319.799 15.783
202506 13.219 322.561 13.533
202509 14.630 324.800 14.874
202512 15.097 324.054 15.384
202603 14.921 330.213 14.921

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 2.17 mean?
Kinpo Electronics (TPE:2312) has a Cyclically Adjusted PB Ratio of 2.17 as of Aug. 06, 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 Kinpo Electronics and its competitors. This is 113% above median its historical median of 1.02. Over the past decade, Kinpo Electronics' Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.30. According to the industry distribution chart, Kinpo Electronics ranks #1029 out of 1968 companies in the Hardware industry, placing it in the top 52.3%.
Is Kinpo Electronics' Cyclically Adjusted PB Ratio too high?
Kinpo Electronics' current Cyclically Adjusted PB Ratio of 2.17 is 113% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.30. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Kinpo Electronics' value of 2.17 is 8.5% above this industry median. Based on the distribution chart, Kinpo Electronics ranks #1029 out of 1968 companies in the Hardware industry, which is below the industry midpoint. Overall, Kinpo Electronics has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinpo Electronics' Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Kinpo Electronics ranks #1029 out of 1968 companies for Cyclically Adjusted PB Ratio. This places Kinpo Electronics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Kinpo Electronics' value of 2.17 is 8.5% above this benchmark. Historically, Kinpo Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.30 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 2.00, Kinpo Electronics has consistently been above 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 2.00, based on 1,968 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. Kinpo Electronics's current Cyclically Adjusted PB Ratio of 2.17 is 8.5% above 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 Kinpo Electronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinpo Electronics's current Cyclically Adjusted PB Ratio is 2.17, which is 113% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinpo Electronics stock overvalued right now?
Based on GuruFocus' analysis, Kinpo Electronics (TPE:2312) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.12, compared to a current price of NT$32.20 — trading 77.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.17, which is 113% above median its 10-year median of 1.02 and 8.5% above the Hardware industry median of 2.00. Kinpo Electronics' overall GF Score™ is 59/100 with 4 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 Kinpo Electronics (TPE:2312), the current Cyclically Adjusted PB Ratio is 2.17 as of Aug. 06, 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 Kinpo Electronics (TPE:2312) Overvalued in 2026?

Based on GuruFocus' analysis, Kinpo Electronics stock appears to be overvalued. The current stock price of NT$32.20 is trading 77.7% above its estimated GF Value™ of NT$18.12. GuruFocus considers Kinpo Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2312:

  • Cyclically Adjusted PB Ratio: 2.17 (113% above median its 10-year median of 1.02)
  • GF Value™: NT$18.12 vs. price of NT$32.20 (77.7% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 8.5% above the Hardware median (#1029 of 1968)

No single metric tells the full story. See the TPE:2312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinpo Electronics Business Description

Address Nanjing East Road, Section 5, No. 99, 10th Floor, Songshan District, Taipei, TWN, 105
Kinpo Electronics Inc is a Taiwan-based company that mainly engages in trading consumer electronic products, computer and peripheral computer equipment, network communication equipment, and image products. The Group's operating segments include Consumer electronic products and Other operating segments. The majority of its revenue is generated from the Consumer electronic products segment, which mainly engages in the design and manufacturing of calculators, web-based communications, computer peripherals, and storage products. Geographically, the Group derives maximum revenue from Asia (Other than Taiwan), followed by the Americas, Taiwan, and other regions.
59GF Score

Get the complete analysis for TPE:2312

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

NT$32.20
Price
NT$18.12
GF Value