Clevo Co (TPE:2362) Cyclically Adjusted PB Ratio: 0.61 (As of Aug. 07, 2026) — 22% Above Median

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TPE:2362 Clevo Co TPE:2362
71 GF Score
Price NT$50.50
GF Value NT$38.12
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Clevo Co Cyclically Adjusted PB Ratio?

Clevo Co TPE:2362 -1.17% 71 Cyclically Adjusted PB Ratio is 0.61 as of Aug. 07, 2026, which is 22% above its 10-year median of 0.50. GuruFocus rates TPE:2362 with a GF Score™ of 71/100 and a GF Value™ of NT$38.12 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,968 Hardware companies, Clevo Co ranks better than 86.89% on this metric.

As of today (2026-08-07), Clevo Co's current share price is NT$50.50. Clevo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$82.82. Clevo Co's Cyclically Adjusted PB Ratio for today is 0.61.

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

TPE:2362' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.5   Max: 0.76
Current: 0.5

During the past years, Clevo Co's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.38. And the median was 0.50.

TPE:2362's Cyclically Adjusted PB Ratio is ranked better than
86.89% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:2362: 0.50

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.

Clevo Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$76.533. 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$82.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clevo Co  (TPE:2362) 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.


Clevo Co Cyclically Adjusted PB Ratio Related Terms


Clevo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clevo 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.

Clevo Co Cyclically Adjusted PB Ratio Chart

Clevo 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 0.48 0.40 0.49 0.62 0.47

Clevo 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 0.56 0.54 0.50 0.47 0.45

TPE:2362 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Clevo 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.


Clevo Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2362
71GF Score
Clevo Co TPE:2362
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clevo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.50/82.82
=0.61

* 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.

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

For example, Clevo 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)
=76.533/330.2130*330.2130
=76.533

Current CPI (Mar. 2026) = 330.2130.

Clevo Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 71.177 241.018 97.518
201609 68.347 241.428 93.482
201612 67.356 241.432 92.125
201703 63.012 243.801 85.346
201706 64.348 244.955 86.745
201709 66.038 246.819 88.351
201712 65.790 246.524 88.124
201803 69.362 249.554 91.781
201806 66.668 251.989 87.363
201809 66.512 252.439 87.004
201812 67.766 251.233 89.070
201903 70.840 254.202 92.022
201906 68.858 256.143 88.770
201909 67.488 256.759 86.795
201912 65.754 256.974 84.494
202003 61.898 258.115 79.188
202006 63.200 257.797 80.953
202009 65.353 260.280 82.912
202012 66.999 260.474 84.937
202103 67.492 264.877 84.140
202106 67.829 271.696 82.438
202109 68.080 274.310 81.954
202112 70.590 278.802 83.607
202203 72.715 287.504 83.517
202206 71.312 296.311 79.471
202209 72.384 296.808 80.531
202212 71.410 296.797 79.450
202303 70.893 301.836 77.558
202306 68.940 305.109 74.612
202309 73.082 307.789 78.406
202312 70.373 306.746 75.757
202403 73.435 312.332 77.639
202406 75.415 314.175 79.265
202409 74.349 315.301 77.865
202412 76.089 315.605 79.611
202503 75.151 319.799 77.598
202506 66.335 322.561 67.909
202509 70.315 324.800 71.487
202512 75.013 324.054 76.439
202603 76.533 330.213 76.533

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 0.61 mean?
Clevo Co (TPE:2362) has a Cyclically Adjusted PB Ratio of 0.61 as of Aug. 07, 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 Clevo Co and its competitors. This is 22% above median its historical median of 0.50. Over the past decade, Clevo Co's Cyclically Adjusted PB Ratio has ranged from 0.38 to 0.76. According to the industry distribution chart, Clevo Co ranks #258 out of 1968 companies in the Hardware industry, placing it in the top 13.1%.
Is Clevo Co's Cyclically Adjusted PB Ratio too high?
Clevo Co's current Cyclically Adjusted PB Ratio of 0.61 is 22% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.76. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Clevo Co's value of 0.61 is 69.5% below this industry median. Based on the distribution chart, Clevo Co ranks #258 out of 1968 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Clevo Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clevo Co's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Clevo Co ranks #258 out of 1968 companies for Cyclically Adjusted PB Ratio. This places Clevo Co in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.00. Clevo Co's value of 0.61 is 69.5% below this benchmark. Historically, Clevo Co's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 0.76 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 2.00, Clevo Co has consistently been below 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. Clevo Co's current Cyclically Adjusted PB Ratio of 0.61 is 69.5% below 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 Clevo 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. Clevo Co's current Cyclically Adjusted PB Ratio is 0.61, which is 22% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clevo Co stock overvalued right now?
Based on GuruFocus' analysis, Clevo Co (TPE:2362) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.12, compared to a current price of NT$50.50 — trading 32.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is 22% above median its 10-year median of 0.50 and 69.5% below the Hardware industry median of 2.00. Clevo Co's overall GF Score™ is 71/100 with 9 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 Clevo Co (TPE:2362), the current Cyclically Adjusted PB Ratio is 0.61 as of Aug. 07, 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 Clevo Co (TPE:2362) Overvalued in 2026?

Based on GuruFocus' analysis, Clevo Co stock appears to be overvalued. The current stock price of NT$50.50 is trading 32.5% above its estimated GF Value™ of NT$38.12. GuruFocus considers Clevo Co to be Significantly Overvalued.

Key valuation signals for TPE:2362:

  • Cyclically Adjusted PB Ratio: 0.61 (22% above median its 10-year median of 0.50)
  • GF Value™: NT$38.12 vs. price of NT$50.50 (32.5% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 69.5% below the Hardware median (#258 of 1968)

No single metric tells the full story. See the TPE:2362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clevo Co Business Description

Address 35th Floor, No. 555, Siyuan Road, Xinzhuang District, New Taipei City, TWN, 242034
Clevo Co is a Taiwan-based company engaged in the design, manufacture, and sales of VDUs, computers, and peripheral devices. It operates in two reportable segments: Computer and Buynow Plaza. The Computer segment works in manufacturing laptop computers for use in consumer, commercial, medical, and industrial applications. Its business is organized based on product lines: Gaming, Entertainment, Essential, Productivity, and Film Art Technology. The Buynow Plaza segment refers to leasing and property development/management business. The majority of the company's revenue comes from the computer segment. It has a geographic presence in Taiwan, China, Asia-Pacific, Europe, and the Americas.
71GF Score

Get the complete analysis for TPE:2362

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

NT$50.50
Price
NT$38.12
GF Value