Via Technologies (TPE:2388) Cyclically Adjusted PB Ratio: 3.62 (As of Aug. 09, 2026) — 32% Below Median

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TPE:2388 Via Technologies Inc TPE:2388
75 GF Score
Price NT$77.90
GF Value NT$73.43
Valuation Fairly Valued
! 5 Warning Signs
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What is Via Technologies Cyclically Adjusted PB Ratio?

Via Technologies TPE:2388 -1.89% 75 Cyclically Adjusted PB Ratio is 3.62 as of Aug. 09, 2026, which is 32% below its 10-year median of 5.30. GuruFocus rates TPE:2388 with a GF Score™ of 75/100 and a GF Value™ of NT$73.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 728 Semiconductors companies, Via Technologies ranks worse than 52.88% on this metric.

As of today (2026-08-09), Via Technologies's current share price is NT$77.90. Via Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.50. Via Technologies's Cyclically Adjusted PB Ratio for today is 3.62.

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

TPE:2388' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.94   Med: 5.3   Max: 13.31
Current: 3.62

During the past years, Via Technologies's highest Cyclically Adjusted PB Ratio was 13.31. The lowest was 1.94. And the median was 5.30.

TPE:2388's Cyclically Adjusted PB Ratio is ranked worse than
52.88% of 728 companies
in the Semiconductors industry
Industry Median: 3.23 vs TPE:2388: 3.62

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.

Via Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was NT$39.329. 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$21.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Via Technologies  (TPE:2388) 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.


Via Technologies Cyclically Adjusted PB Ratio Related Terms


Via Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Via Technologies'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.

Via Technologies Cyclically Adjusted PB Ratio Chart

Via Technologies 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 8.71 5.86 11.45 6.00 2.57

Via Technologies 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 4.22 3.28 2.83 2.57 2.43

TPE:2388 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Via Technologies'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.


Via Technologies Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:2388
75GF Score
Via Technologies Inc TPE:2388
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Via Technologies 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.

Via Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.90/21.50
=3.62

* 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.

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

For example, Via Technologies'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)
=39.329/330.2130*330.2130
=39.329

Current CPI (Mar. 2026) = 330.2130.

Via Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.583 241.018 10.389
201609 7.391 241.428 10.109
201612 7.424 241.432 10.154
201703 6.978 243.801 9.451
201706 7.074 244.955 9.536
201709 7.158 246.819 9.577
201712 7.066 246.524 9.465
201803 7.198 249.554 9.524
201806 7.352 251.989 9.634
201809 7.232 252.439 9.460
201812 7.221 251.233 9.491
201903 7.377 254.202 9.583
201906 7.358 256.143 9.486
201909 7.320 256.759 9.414
201912 7.156 256.974 9.195
202003 7.152 258.115 9.150
202006 6.836 257.797 8.756
202009 6.807 260.280 8.636
202012 18.849 260.474 23.896
202103 22.077 264.877 27.523
202106 19.929 271.696 24.221
202109 19.213 274.310 23.129
202112 25.467 278.802 30.163
202203 24.964 287.504 28.672
202206 25.190 296.311 28.072
202209 26.742 296.808 29.752
202212 26.156 296.797 29.101
202303 25.846 301.836 28.276
202306 26.111 305.109 28.259
202309 27.125 307.789 29.101
202312 26.601 306.746 28.636
202403 27.790 312.332 29.381
202406 28.057 314.175 29.489
202409 37.003 315.301 38.753
202412 38.710 315.605 40.502
202503 39.297 319.799 40.577
202506 35.271 322.561 36.108
202509 36.294 324.800 36.899
202512 38.426 324.054 39.156
202603 39.329 330.213 39.329

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 3.62 mean?
Via Technologies (TPE:2388) has a Cyclically Adjusted PB Ratio of 3.62 as of Aug. 09, 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 Via Technologies and its competitors. This is 32% below median its historical median of 5.30. Over the past decade, Via Technologies' Cyclically Adjusted PB Ratio has ranged from 1.94 to 13.31. According to the industry distribution chart, Via Technologies ranks #385 out of 728 companies in the Semiconductors industry, placing it in the top 52.9%.
Is Via Technologies' Cyclically Adjusted PB Ratio too high?
Via Technologies' current Cyclically Adjusted PB Ratio of 3.62 is 32% below median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 13.31. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. Via Technologies' value of 3.62 is 12.1% above this industry median. Based on the distribution chart, Via Technologies ranks #385 out of 728 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Via Technologies has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Via Technologies' Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Via Technologies ranks #385 out of 728 companies for Cyclically Adjusted PB Ratio. This places Via Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. Via Technologies' value of 3.62 is 12.1% above this benchmark. Historically, Via Technologies' own Cyclically Adjusted PB Ratio has ranged from 1.94 to 13.31 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 3.23, Via Technologies 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 728 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. Via Technologies's current Cyclically Adjusted PB Ratio of 3.62 is 12.1% 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 Via Technologies and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Via Technologies's current Cyclically Adjusted PB Ratio is 3.62, which is 32% below median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Via Technologies stock overvalued right now?
Based on GuruFocus' analysis, Via Technologies (TPE:2388) is currently considered Fairly Valued. The stock's GF Value™ is NT$73.43, compared to a current price of NT$77.90 — trading 6.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.62, which is 32% below median its 10-year median of 5.30 and 12.1% above the Semiconductors industry median of 3.23. Via Technologies' overall GF Score™ is 75/100 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 Via Technologies (TPE:2388), the current Cyclically Adjusted PB Ratio is 3.62 as of Aug. 09, 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 Via Technologies (TPE:2388) Overvalued in 2026?

Based on GuruFocus' analysis, Via Technologies stock appears to be overvalued. The current stock price of NT$77.90 is trading 6.1% above its estimated GF Value™ of NT$73.43. GuruFocus considers Via Technologies to be Fairly Valued.

Key valuation signals for TPE:2388:

  • Cyclically Adjusted PB Ratio: 3.62 (32% below median its 10-year median of 5.30)
  • GF Value™: NT$73.43 vs. price of NT$77.90 (6.1% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 12.1% above the Semiconductors median (#385 of 728)

No single metric tells the full story. See the TPE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Via Technologies Business Description

Address No. 533, Zhongzheng Road, 1st Floor, Xindian District, New Taipei, TWN, 231
Via Technologies Inc is involved in programming, designing, manufacturing, and selling semiconductors and PC chipsets. The company mainly operates in three regions: Taiwan, Hong Kong and China.
75GF Score

Get the complete analysis for TPE:2388

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

NT$77.90
Price
NT$73.43
GF Value