Compeq Manufaturing Co (TPE:2313) Cyclically Adjusted PB Ratio: 7.19 (As of Aug. 06, 2026) — 213% Above Median

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TPE:2313 Compeq Manufaturing Co Ltd TPE:2313
83 GF Score
Price NT$218.00
GF Value NT$83.70
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Compeq Manufaturing Co Cyclically Adjusted PB Ratio?

Compeq Manufaturing Co TPE:2313 +9.82% 83 Cyclically Adjusted PB Ratio is 7.19 as of Aug. 06, 2026, which is 213% above its 10-year median of 2.30. GuruFocus rates TPE:2313 with a GF Score™ of 83/100 and a GF Value™ of NT$83.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,968 Hardware companies, Compeq Manufaturing Co ranks worse than 85.98% on this metric.

As of today (2026-08-06), Compeq Manufaturing Co's current share price is NT$218.00. Compeq Manufaturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$30.30. Compeq Manufaturing Co's Cyclically Adjusted PB Ratio for today is 7.19.

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

TPE:2313' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.3   Max: 9.38
Current: 6.65

During the past years, Compeq Manufaturing Co's highest Cyclically Adjusted PB Ratio was 9.38. The lowest was 1.18. And the median was 2.30.

TPE:2313's Cyclically Adjusted PB Ratio is ranked worse than
85.98% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:2313: 6.65

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.

Compeq Manufaturing Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$39.086. 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$30.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compeq Manufaturing Co  (TPE:2313) 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.


Compeq Manufaturing Co Cyclically Adjusted PB Ratio Related Terms


Compeq Manufaturing Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Compeq Manufaturing Co'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.

Compeq Manufaturing Co Cyclically Adjusted PB Ratio Chart

Compeq Manufaturing Co 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 2.16 1.94 2.82 2.56 3.15

Compeq Manufaturing Co 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 2.02 2.02 2.51 3.15 8.14

TPE:2313 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Compeq Manufaturing 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.


Compeq Manufaturing Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2313
83GF Score
Compeq Manufaturing Co Ltd TPE:2313
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Compeq Manufaturing Co 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.

Compeq Manufaturing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=218.00/30.30
=7.19

* 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.

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

For example, Compeq Manufaturing Co'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)
=39.086/330.2130*330.2130
=39.086

Current CPI (Mar. 2026) = 330.2130.

Compeq Manufaturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.191 241.018 22.183
201609 16.261 241.428 22.241
201612 16.891 241.432 23.102
201703 16.685 243.801 22.599
201706 16.710 244.955 22.526
201709 18.012 246.819 24.098
201712 19.067 246.524 25.540
201803 19.580 249.554 25.909
201806 18.765 251.989 24.590
201809 19.191 252.439 25.104
201812 19.598 251.233 25.759
201903 20.187 254.202 26.223
201906 19.712 256.143 25.412
201909 20.459 256.759 26.312
201912 21.485 256.974 27.608
202003 22.144 258.115 28.329
202006 21.538 257.797 27.588
202009 22.988 260.280 29.165
202012 24.315 260.474 30.825
202103 25.015 264.877 31.185
202106 23.919 271.696 29.071
202109 25.163 274.310 30.291
202112 27.001 278.802 31.980
202203 27.434 287.504 31.509
202206 28.365 296.311 31.610
202209 30.688 296.808 34.142
202212 32.298 296.797 35.934
202303 29.989 301.836 32.808
202306 30.004 305.109 32.473
202309 32.194 307.789 34.539
202312 32.745 306.746 35.250
202403 32.829 312.332 34.708
202406 33.993 314.175 35.728
202409 35.509 315.301 37.188
202412 37.097 315.605 38.814
202503 36.149 319.799 37.326
202506 34.158 322.561 34.968
202509 36.779 324.800 37.392
202512 39.928 324.054 40.687
202603 39.086 330.213 39.086

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 7.19 mean?
Compeq Manufaturing Co (TPE:2313) has a Cyclically Adjusted PB Ratio of 7.19 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 Compeq Manufaturing Co and its competitors. This is 213% above median its historical median of 2.30. Over the past decade, Compeq Manufaturing Co's Cyclically Adjusted PB Ratio has ranged from 1.18 to 9.38. According to the industry distribution chart, Compeq Manufaturing Co ranks #1692 out of 1968 companies in the Hardware industry, placing it in the top 86%.
Is Compeq Manufaturing Co's Cyclically Adjusted PB Ratio too high?
Compeq Manufaturing Co's current Cyclically Adjusted PB Ratio of 7.19 is 213% above median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 9.38. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Compeq Manufaturing Co's value of 7.19 is 259.5% above this industry median. Based on the distribution chart, Compeq Manufaturing Co ranks #1692 out of 1968 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Compeq Manufaturing Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compeq Manufaturing Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Compeq Manufaturing Co ranks #1692 out of 1968 companies for Cyclically Adjusted PB Ratio. This places Compeq Manufaturing Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Compeq Manufaturing Co's value of 7.19 is 259.5% above this benchmark. Historically, Compeq Manufaturing Co's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 9.38 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 2.00, Compeq Manufaturing Co 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. Compeq Manufaturing Co's current Cyclically Adjusted PB Ratio of 7.19 is 259.5% 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 Compeq Manufaturing Co 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. Compeq Manufaturing Co's current Cyclically Adjusted PB Ratio is 7.19, which is 213% above median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compeq Manufaturing Co stock overvalued right now?
Based on GuruFocus' analysis, Compeq Manufaturing Co (TPE:2313) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$83.70, compared to a current price of NT$218.00 — trading 160.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.19, which is 213% above median its 10-year median of 2.30 and 259.5% above the Hardware industry median of 2.00. Compeq Manufaturing Co's overall GF Score™ is 83/100 with 2 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 Compeq Manufaturing Co (TPE:2313), the current Cyclically Adjusted PB Ratio is 7.19 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 Compeq Manufaturing Co (TPE:2313) Overvalued in 2026?

Based on GuruFocus' analysis, Compeq Manufaturing Co stock appears to be overvalued. The current stock price of NT$218.00 is trading 160.5% above its estimated GF Value™ of NT$83.70. GuruFocus considers Compeq Manufaturing Co to be Significantly Overvalued.

Key valuation signals for TPE:2313:

  • Cyclically Adjusted PB Ratio: 7.19 (213% above median its 10-year median of 2.30)
  • GF Value™: NT$83.70 vs. price of NT$218.00 (160.5% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 259.5% above the Hardware median (#1692 of 1968)

No single metric tells the full story. See the TPE:2313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Compeq Manufaturing Co Business Description

Address No. 91, Lane 814, Daxin Road, Shin-juang Village, Luzhu District, Taoyuan, TWN
Compeq Manufaturing Co Ltd is a manufacturer and seller of printed circuit boards (PCBs) for computer use. It operates in the geographic segments of Taiwan and China. The product portfolio offered by the company includes Regular multi-layered PCBs, high-density interconnection, high-layer count, Flexible PCB, and Rigid-Flex PCB. In addition, the company also produces surface-mount devices and offers module assembly services.
83GF Score

Get the complete analysis for TPE:2313

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

NT$218.00
Price
NT$83.70
GF Value