Asustek Computer (TPE:2357) Cyclically Adjusted PB Ratio: 2.47 (As of Aug. 06, 2026) — 82% Above Median

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TPE:2357 Asustek Computer Inc TPE:2357
91 GF Score
Price NT$818.00
GF Value NT$797.48
Valuation Fairly Valued
! 5 Warning Signs
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What is Asustek Computer Cyclically Adjusted PB Ratio?

Asustek Computer TPE:2357 +3.97% 91 Cyclically Adjusted PB Ratio is 2.47 as of Aug. 06, 2026, which is 82% above its 10-year median of 1.36. GuruFocus rates TPE:2357 with a GF Score™ of 91/100 and a GF Value™ of NT$797.48 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,968 Hardware companies, Asustek Computer ranks worse than 55.95% on this metric.

As of today (2026-08-06), Asustek Computer's current share price is NT$818.00. Asustek Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$331.74. Asustek Computer's Cyclically Adjusted PB Ratio for today is 2.47.

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

TPE:2357' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.36   Max: 2.71
Current: 2.32

During the past years, Asustek Computer's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.81. And the median was 1.36.

TPE:2357's Cyclically Adjusted PB Ratio is ranked worse than
55.95% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:2357: 2.32

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.

Asustek Computer's adjusted book value per share data for the three months ended in Mar. 2026 was NT$386.248. 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$331.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asustek Computer  (TPE:2357) 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.


Asustek Computer Cyclically Adjusted PB Ratio Related Terms


Asustek Computer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asustek Computer'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.

Asustek Computer Cyclically Adjusted PB Ratio Chart

Asustek Computer 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 1.50 0.97 1.67 1.98 1.69

Asustek Computer 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 1.92 2.01 2.07 1.69 1.65

TPE:2357 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2357
91GF Score
Asustek Computer Inc TPE:2357
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asustek Computer 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.

Asustek Computer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=818.00/331.74
=2.47

* 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.

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

For example, Asustek Computer'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)
=386.248/330.2130*330.2130
=386.248

Current CPI (Mar. 2026) = 330.2130.

Asustek Computer Quarterly Data

Book Value per Share CPI Adj_Book
201606 222.083 241.018 304.271
201609 238.260 241.428 325.880
201612 244.339 241.432 334.189
201703 251.539 243.801 340.694
201706 234.040 244.955 315.499
201709 235.219 246.819 314.694
201712 235.802 246.524 315.851
201803 238.512 249.554 315.602
201806 221.990 251.989 290.902
201809 228.149 252.439 298.439
201812 217.251 251.233 285.548
201903 227.812 254.202 295.932
201906 216.449 256.143 279.041
201909 225.522 256.759 290.040
201912 238.112 256.974 305.975
202003 226.007 258.115 289.136
202006 231.108 257.797 296.027
202009 247.404 260.280 313.877
202012 271.642 260.474 344.371
202103 291.867 264.877 363.861
202106 273.974 271.696 332.982
202109 291.272 274.310 350.632
202112 312.794 278.802 370.473
202203 331.012 287.504 380.184
202206 281.842 296.311 314.089
202209 291.393 296.808 324.189
202212 285.934 296.797 318.127
202303 295.024 301.836 322.761
202306 295.265 305.109 319.559
202309 313.531 307.789 336.373
202312 322.871 306.746 347.572
202403 350.156 312.332 370.202
202406 354.278 314.175 372.363
202409 358.251 315.301 375.194
202412 362.889 315.605 379.686
202503 379.595 319.799 391.956
202506 328.760 322.561 336.559
202509 346.609 324.800 352.385
202512 361.216 324.054 368.081
202603 386.248 330.213 386.248

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 2.47 mean?
Asustek Computer (TPE:2357) has a Cyclically Adjusted PB Ratio of 2.47 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 Asustek Computer and its competitors. This is 82% above median its historical median of 1.36. Over the past decade, Asustek Computer's Cyclically Adjusted PB Ratio has ranged from 0.81 to 2.71. According to the industry distribution chart, Asustek Computer ranks #1101 out of 1968 companies in the Hardware industry, placing it in the top 55.9%.
Is Asustek Computer's Cyclically Adjusted PB Ratio too high?
Asustek Computer's current Cyclically Adjusted PB Ratio of 2.47 is 82% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.71. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Asustek Computer's value of 2.47 is 23.5% above this industry median. Based on the distribution chart, Asustek Computer ranks #1101 out of 1968 companies in the Hardware industry, which is below the industry midpoint. Overall, Asustek Computer has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asustek Computer's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Asustek Computer ranks #1101 out of 1968 companies for Cyclically Adjusted PB Ratio. This places Asustek Computer in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Asustek Computer's value of 2.47 is 23.5% above this benchmark. Historically, Asustek Computer's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 2.71 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 2.00, Asustek Computer 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. Asustek Computer's current Cyclically Adjusted PB Ratio of 2.47 is 23.5% 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 Asustek Computer 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. Asustek Computer's current Cyclically Adjusted PB Ratio is 2.47, which is 82% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asustek Computer stock overvalued right now?
Based on GuruFocus' analysis, Asustek Computer (TPE:2357) is currently considered Fairly Valued. The stock's GF Value™ is NT$797.48, compared to a current price of NT$818.00 — trading 2.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.47, which is 82% above median its 10-year median of 1.36 and 23.5% above the Hardware industry median of 2.00. Asustek Computer's overall GF Score™ is 91/100 with 5 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 Asustek Computer (TPE:2357), the current Cyclically Adjusted PB Ratio is 2.47 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 Asustek Computer (TPE:2357) Overvalued in 2026?

Based on GuruFocus' analysis, Asustek Computer stock appears to be overvalued. The current stock price of NT$818.00 is trading 2.6% above its estimated GF Value™ of NT$797.48. GuruFocus considers Asustek Computer to be Fairly Valued.

Key valuation signals for TPE:2357:

  • Cyclically Adjusted PB Ratio: 2.47 (82% above median its 10-year median of 1.36)
  • GF Value™: NT$797.48 vs. price of NT$818.00 (2.6% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 23.5% above the Hardware median (#1101 of 1968)

No single metric tells the full story. See the TPE:2357 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asustek Computer Business Description

Other Exchanges ASUUY:USA
Address No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries. Its segment includes 3C Brand and Others.
91GF Score

Get the complete analysis for TPE:2357

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

NT$818.00
Price
NT$797.48
GF Value