Solomon Technology (TPE:2359) Cyclically Adjusted PB Ratio: 4.24 (As of Sep. 05, 2026) — 312% Above Median

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TPE:2359 Solomon Technology Corp TPE:2359
83 GF Score
Price NT$142.00
GF Value NT$154.27
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Solomon Technology Cyclically Adjusted PB Ratio?

Solomon Technology TPE:2359 +1.07% 83 Cyclically Adjusted PB Ratio is 4.24 as of Sep. 05, 2026, which is 312% above its 10-year median of 1.03. GuruFocus rates TPE:2359 with a GF Score™ of 83/100 and a GF Value™ of NT$154.27 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,930 Hardware companies, Solomon Technology ranks worse than 74.61% on this metric.

As of today (2026-09-05), Solomon Technology's current share price is NT$142.00. Solomon Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$33.53. Solomon Technology's Cyclically Adjusted PB Ratio for today is 4.24.

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

TPE:2359' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.03   Max: 5.53
Current: 4.34

During the past years, Solomon Technology's highest Cyclically Adjusted PB Ratio was 5.53. The lowest was 0.58. And the median was 1.03.

TPE:2359's Cyclically Adjusted PB Ratio is ranked worse than
74.61% of 1930 companies
in the Hardware industry
Industry Median: 2.08 vs TPE:2359: 4.34

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.

Solomon Technology's adjusted book value per share data for the three months ended in Jun. 2026 was NT$37.320. 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$33.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solomon Technology  (TPE:2359) 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.


Solomon Technology Cyclically Adjusted PB Ratio Related Terms


Solomon Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Solomon Technology'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.

Solomon Technology Cyclically Adjusted PB Ratio Chart

Solomon Technology 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 0.84 0.86 1.26 5.26 3.85

Solomon Technology 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 4.19 4.34 3.85 3.25 3.89

TPE:2359 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Solomon Technology'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.


Solomon Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2359
83GF Score
Solomon Technology Corp TPE:2359
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solomon Technology 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.

Solomon Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=142.00/33.53
=4.24

* 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.

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

For example, Solomon Technology'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)
=37.32/333.9520*333.9520
=37.320

Current CPI (Jun. 2026) = 333.9520.

Solomon Technology Quarterly Data

Book Value per Share CPI Adj_Book
201609 25.630 241.428 35.452
201612 26.029 241.432 36.004
201703 25.566 243.801 35.020
201706 24.878 244.955 33.917
201709 25.185 246.819 34.076
201712 25.001 246.524 33.867
201803 25.080 249.554 33.562
201806 24.907 251.989 33.008
201809 25.165 252.439 33.291
201812 25.959 251.233 34.506
201903 27.131 254.202 35.643
201906 26.244 256.143 34.216
201909 26.491 256.759 34.455
201912 26.692 256.974 34.688
202003 26.753 258.115 34.613
202006 26.090 257.797 33.797
202009 26.132 260.280 33.529
202012 26.056 260.474 33.406
202103 25.837 264.877 32.575
202106 26.215 271.696 32.222
202109 26.118 274.310 31.797
202112 26.667 278.802 31.942
202203 26.571 287.504 30.864
202206 27.612 296.311 31.120
202209 28.726 296.808 32.321
202212 28.644 296.797 32.230
202303 27.378 301.836 30.291
202306 29.259 305.109 32.025
202309 30.338 307.789 32.917
202312 30.479 306.746 33.182
202403 29.809 312.332 31.872
202406 31.116 314.175 33.075
202409 32.429 315.301 34.347
202412 33.556 315.605 35.507
202503 32.678 319.799 34.124
202506 31.298 322.561 32.403
202509 32.394 324.800 33.307
202512 33.664 324.054 34.692
202603 33.543 330.213 33.923
202606 37.320 333.952 37.320

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 4.24 mean?
Solomon Technology (TPE:2359) has a Cyclically Adjusted PB Ratio of 4.24 as of Sep. 05, 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 Solomon Technology and its competitors. This is 312% above median its historical median of 1.03. Over the past decade, Solomon Technology's Cyclically Adjusted PB Ratio has ranged from 0.58 to 5.53. According to the industry distribution chart, Solomon Technology ranks #1440 out of 1930 companies in the Hardware industry, placing it in the top 74.6%.
Is Solomon Technology's Cyclically Adjusted PB Ratio too high?
Solomon Technology's current Cyclically Adjusted PB Ratio of 4.24 is 312% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 5.53. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Solomon Technology's value of 4.24 is 103.8% above this industry median. Based on the distribution chart, Solomon Technology ranks #1440 out of 1930 companies in the Hardware industry, which is below the industry midpoint. Overall, Solomon Technology has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solomon Technology's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Solomon Technology ranks #1440 out of 1930 companies for Cyclically Adjusted PB Ratio. This places Solomon Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Solomon Technology's value of 4.24 is 103.8% above this benchmark. Historically, Solomon Technology's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 5.53 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 2.08, Solomon Technology 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 2.08, based on 1,930 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. Solomon Technology's current Cyclically Adjusted PB Ratio of 4.24 is 103.8% 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 Solomon Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solomon Technology's current Cyclically Adjusted PB Ratio is 4.24, which is 312% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solomon Technology stock overvalued right now?
Based on GuruFocus' analysis, Solomon Technology (TPE:2359) is currently considered Fairly Valued. The stock's GF Value™ is NT$154.27, compared to a current price of NT$142.00 — trading 8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.24, which is 312% above median its 10-year median of 1.03 and 103.8% above the Hardware industry median of 2.08. Solomon Technology's overall GF Score™ is 83/100 with 6 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 Solomon Technology (TPE:2359), the current Cyclically Adjusted PB Ratio is 4.24 as of Sep. 05, 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 Solomon Technology (TPE:2359) Overvalued in 2026?

Based on GuruFocus' analysis, Solomon Technology stock appears to be undervalued. The current stock price of NT$142.00 is trading 8% below its estimated GF Value™ of NT$154.27. GuruFocus considers Solomon Technology to be Fairly Valued.

Key valuation signals for TPE:2359:

  • Cyclically Adjusted PB Ratio: 4.24 (312% above median its 10-year median of 1.03)
  • GF Value™: NT$154.27 vs. price of NT$142.00 (8% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 103.8% above the Hardware median (#1440 of 1930)

No single metric tells the full story. See the TPE:2359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solomon Technology Business Description

Address No. 42, Xingzhong Road, 6th Floor, Neihu District, Taipei, TWN, 114
Solomon Technology Corp is mainly engaged in the sale, manufacturing, agency, and import of generators, semiconductors, electronic parts, and LCDs. Its service locations are widely spread in the Asia-Pacific region and in Great China, such as Hong Kong, Shanghai, Beijing, Tianjin, Jinan, Suzhou, Xiamen, Shenzhen, Dongguan, Chengdu, Chongqing, Xian, Wuhan, and Hefei.
83GF Score

Get the complete analysis for TPE:2359

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

NT$142.00
Price
NT$154.27
GF Value