Sunrex Technology (TPE:2387) Cyclically Adjusted PB Ratio: 0.77 (As of Aug. 02, 2026) — 29% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:2387 Sunrex Technology Corp TPE:2387
77 GF Score
Price NT$37.70
GF Value NT$40.05
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Sunrex Technology Cyclically Adjusted PB Ratio?

Sunrex Technology TPE:2387 +0.80% 77 Cyclically Adjusted PB Ratio is 0.77 as of Aug. 02, 2026, which is 29% below its 10-year median of 1.09. GuruFocus rates TPE:2387 with a GF Score™ of 77/100 and a GF Value™ of NT$40.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,973 Hardware companies, Sunrex Technology ranks better than 78.26% on this metric.

As of today (2026-08-02), Sunrex Technology's current share price is NT$37.70. Sunrex Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$49.07. Sunrex Technology's Cyclically Adjusted PB Ratio for today is 0.77.

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

TPE:2387' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.09   Max: 2.02
Current: 0.77

During the past years, Sunrex Technology's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 0.66. And the median was 1.09.

TPE:2387's Cyclically Adjusted PB Ratio is ranked better than
78.26% of 1973 companies
in the Hardware industry
Industry Median: 2 vs TPE:2387: 0.77

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.

Sunrex Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$52.685. 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$49.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunrex Technology  (TPE:2387) 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.


Sunrex Technology Cyclically Adjusted PB Ratio Related Terms


Sunrex Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sunrex 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.

Sunrex Technology Cyclically Adjusted PB Ratio Chart

Sunrex 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 1.24 0.91 1.34 1.31 0.80

Sunrex Technology 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 1.29 0.94 0.86 0.80 0.81

TPE:2387 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Sunrex 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.


Sunrex Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2387
77GF Score
Sunrex Technology Corp TPE:2387
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunrex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.70/49.07
=0.77

* 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.

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

For example, Sunrex Technology'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)
=52.685/330.2130*330.2130
=52.685

Current CPI (Mar. 2026) = 330.2130.

Sunrex Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 35.655 241.018 48.850
201609 32.917 241.428 45.022
201612 33.191 241.432 45.396
201703 32.200 243.801 43.613
201706 32.267 244.955 43.498
201709 37.131 246.819 49.677
201712 36.942 246.524 49.483
201803 36.559 249.554 48.375
201806 36.442 251.989 47.755
201809 38.451 252.439 50.297
201812 36.676 251.233 48.206
201903 36.597 254.202 47.540
201906 34.472 256.143 44.440
201909 33.166 256.759 42.654
201912 33.389 256.974 42.905
202003 31.770 258.115 40.644
202006 32.332 257.797 41.414
202009 35.599 260.280 45.164
202012 38.722 260.474 49.089
202103 39.480 264.877 49.218
202106 41.124 271.696 49.981
202109 40.474 274.310 48.722
202112 41.863 278.802 49.583
202203 44.606 287.504 51.232
202206 42.031 296.311 46.840
202209 45.266 296.808 50.361
202212 46.567 296.797 51.810
202303 47.010 301.836 51.430
202306 44.364 305.109 48.014
202309 47.991 307.789 51.487
202312 48.636 306.746 52.357
202403 50.516 312.332 53.408
202406 49.861 314.175 52.406
202409 52.967 315.301 55.472
202412 54.901 315.605 57.442
202503 56.964 319.799 58.819
202506 48.159 322.561 49.301
202509 51.346 324.800 52.202
202512 54.807 324.054 55.849
202603 52.685 330.213 52.685

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 0.77 mean?
Sunrex Technology (TPE:2387) has a Cyclically Adjusted PB Ratio of 0.77 as of Aug. 02, 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 Sunrex Technology and its competitors. This is 29% below median its historical median of 1.09. Over the past decade, Sunrex Technology's Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.02. According to the industry distribution chart, Sunrex Technology ranks #429 out of 1973 companies in the Hardware industry, placing it in the top 21.7%.
Is Sunrex Technology's Cyclically Adjusted PB Ratio too high?
Sunrex Technology's current Cyclically Adjusted PB Ratio of 0.77 is 29% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.02. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Sunrex Technology's value of 0.77 is 61.5% below this industry median. Based on the distribution chart, Sunrex Technology ranks #429 out of 1973 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Sunrex Technology has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sunrex Technology's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Sunrex Technology ranks #429 out of 1973 companies for Cyclically Adjusted PB Ratio. This places Sunrex Technology in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.00. Sunrex Technology's value of 0.77 is 61.5% below this benchmark. Historically, Sunrex Technology's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.02 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 2.00, Sunrex Technology 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 1,973 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. Sunrex Technology's current Cyclically Adjusted PB Ratio of 0.77 is 61.5% 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 Sunrex Technology 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. Sunrex Technology's current Cyclically Adjusted PB Ratio is 0.77, which is 29% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunrex Technology stock overvalued right now?
Based on GuruFocus' analysis, Sunrex Technology (TPE:2387) is currently considered Fairly Valued. The stock's GF Value™ is NT$40.05, compared to a current price of NT$37.70 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.77, which is 29% below median its 10-year median of 1.09 and 61.5% below the Hardware industry median of 2.00. Sunrex Technology's overall GF Score™ is 77/100 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 Sunrex Technology (TPE:2387), the current Cyclically Adjusted PB Ratio is 0.77 as of Aug. 02, 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 Sunrex Technology (TPE:2387) Overvalued in 2026?

Based on GuruFocus' analysis, Sunrex Technology stock appears to be undervalued. The current stock price of NT$37.70 is trading 5.9% below its estimated GF Value™ of NT$40.05. GuruFocus considers Sunrex Technology to be Fairly Valued.

Key valuation signals for TPE:2387:

  • Cyclically Adjusted PB Ratio: 0.77 (29% below median its 10-year median of 1.09)
  • GF Value™: NT$40.05 vs. price of NT$37.70 (5.9% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 61.5% below the Hardware median (#429 of 1973)

No single metric tells the full story. See the TPE:2387 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunrex Technology Business Description

Address No.475, Chang Ping Road, Sec.4, Ta Ya District, Taichung, TWN, 428
Sunrex Technology Corp engaged in the manufacturing and trading of laptop computer keyboards and their auxiliary equipment. The business organisation is divided into Taiwan, Central China, Southern China, and other regions based on operational regions. Its geographic areas are China, Germany, the United States of America, Taiwan, and Others.
77GF Score

Get the complete analysis for TPE:2387

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

NT$37.70
Price
NT$40.05
GF Value