Wus Printed Circuit Co (TPE:2316) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
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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.

TPE:2316 Wus Printed Circuit Co Ltd TPE:2316
60 GF Score
Price NT$156.50
GF Value NT$62.08
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Wus Printed Circuit Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wus Printed Circuit Co  (TPE:2316) 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.


Wus Printed Circuit Co Cyclically Adjusted PB Ratio Related Terms


Wus Printed Circuit Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wus Printed Circuit 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.

Wus Printed Circuit Co Cyclically Adjusted PB Ratio Chart

Wus Printed Circuit 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 0.88 0.59 0.80 0.92 1.93

Wus Printed Circuit 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 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 1.03 1.84 1.97 1.82 3.97

TPE:2316 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Wus Printed Circuit 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.


Wus Printed Circuit Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Wus Printed Circuit Co's Cyclically Adjusted PB Ratio falls into.


TPE:2316
60GF Score
Wus Printed Circuit Co Ltd TPE:2316
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wus Printed Circuit 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.

Wus Printed Circuit Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Wus Printed Circuit 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)
=79.55/333.9520*333.9520
=79.550

Current CPI (Jun. 2026) = 333.9520.

Wus Printed Circuit Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 40.561 241.428 56.105
201612 41.026 241.432 56.748
201703 39.444 243.801 54.029
201706 40.011 244.955 54.548
201709 38.574 246.819 52.192
201712 39.057 246.524 52.908
201803 38.806 249.554 51.930
201806 39.297 251.989 52.079
201809 38.920 252.439 51.487
201812 39.735 251.233 52.818
201903 40.857 254.202 53.675
201906 40.535 256.143 52.848
201909 39.290 256.759 51.102
201912 40.023 256.974 52.012
202003 39.693 258.115 51.355
202006 39.418 257.797 51.062
202009 39.376 260.280 50.521
202012 40.513 260.474 51.941
202103 41.556 264.877 52.393
202106 42.001 271.696 51.625
202109 41.239 274.310 50.205
202112 42.332 278.802 50.706
202203 44.308 287.504 51.466
202206 43.275 296.311 48.772
202209 44.179 296.808 49.708
202212 44.326 296.797 49.875
202303 44.701 301.836 49.457
202306 43.451 305.109 47.559
202309 45.174 307.789 49.014
202312 48.971 306.746 53.314
202403 50.480 312.332 53.974
202406 51.522 314.175 54.765
202409 53.364 315.301 56.521
202412 54.594 315.605 57.768
202503 57.051 319.799 59.576
202506 56.542 322.561 58.539
202509 64.216 324.800 66.025
202512 69.313 324.054 71.430
202603 75.713 330.213 76.570
202606 79.550 333.952 79.550

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 Wus Printed Circuit Co (TPE:2316) Overvalued in 2026?

Based on GuruFocus' analysis, Wus Printed Circuit Co stock appears to be overvalued. The current stock price of NT$156.50 is trading 152.1% above its estimated GF Value™ of NT$62.08. GuruFocus considers Wus Printed Circuit Co to be Significantly Overvalued.

Key valuation signals for TPE:2316:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$62.08 vs. price of NT$156.50 (152.1% above fair value)
  • GF Score™: 60/100 with 1 warning sign

No single metric tells the full story. See the TPE:2316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wus Printed Circuit Co Business Description

Address No. 37, Kaifa Road, Nanzih District, Kaohsiung, TWN
Wus Printed Circuit Co Ltd manufactures and sells printed circuit boards in Taiwan. It engaged in the manufacture, processing, assembly, and sales of double-sided and multi-layer printed circuit boards and imported commodity trading business. The company's reportable segments are Manufacturing and trading of printed circuit boards, which derive key revenue, Assembly and trading of PCB/ light products, Investment, and Others. Geographically, the company derives maximum revenue from Asia (excluding Taiwan), and the rest from North America, Taiwan, Europe, and other regions.
60GF Score

Get the complete analysis for TPE:2316

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

NT$156.50
Price
NT$62.08
GF Value