Sunplus Technology Co (TPE:2401) Cyclically Adjusted PB Ratio: 1.52 (As of Aug. 04, 2026) — Near Median

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TPE:2401 Sunplus Technology Co Ltd TPE:2401
70 GF Score
Price NT$27.15
GF Value NT$29.22
Valuation Fairly Valued
! 2 Warning Signs
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What is Sunplus Technology Co Cyclically Adjusted PB Ratio?

Sunplus Technology Co TPE:2401 +5.03% 70 Cyclically Adjusted PB Ratio is 1.52 as of Aug. 04, 2026, which is 9% above its 10-year median of 1.39. GuruFocus rates TPE:2401 with a GF Score™ of 70/100 and a GF Value™ of NT$29.22 (Fairly Valued). The stock has 2 warning signs investors should review. Among 731 Semiconductors companies, Sunplus Technology Co ranks better than 71.82% on this metric.

As of today (2026-08-04), Sunplus Technology Co's current share price is NT$27.15. Sunplus Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$17.81. Sunplus Technology Co's Cyclically Adjusted PB Ratio for today is 1.52.

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

TPE:2401' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.39   Max: 2.67
Current: 1.4

During the past years, Sunplus Technology Co's highest Cyclically Adjusted PB Ratio was 2.67. The lowest was 0.47. And the median was 1.39.

TPE:2401's Cyclically Adjusted PB Ratio is ranked better than
71.82% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs TPE:2401: 1.40

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.

Sunplus Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$13.950. 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$17.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunplus Technology Co  (TPE:2401) 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.


Sunplus Technology Co Cyclically Adjusted PB Ratio Related Terms


Sunplus Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sunplus Technology 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.

Sunplus Technology Co Cyclically Adjusted PB Ratio Chart

Sunplus Technology 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 2.27 1.25 1.90 1.70 1.13

Sunplus Technology 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 1.35 1.05 1.30 1.13 1.09

TPE:2401 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Sunplus Technology 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.


Sunplus Technology Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:2401
70GF Score
Sunplus Technology Co Ltd TPE:2401
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunplus Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.15/17.81
=1.52

* 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.

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

For example, Sunplus Technology 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)
=13.95/330.2130*330.2130
=13.950

Current CPI (Mar. 2026) = 330.2130.

Sunplus Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.794 241.018 20.269
201609 15.282 241.428 20.902
201612 15.336 241.432 20.975
201703 15.440 243.801 20.913
201706 15.000 244.955 20.221
201709 15.174 246.819 20.301
201712 15.237 246.524 20.410
201803 15.285 249.554 20.225
201806 14.470 251.989 18.962
201809 14.485 252.439 18.948
201812 14.387 251.233 18.910
201903 14.510 254.202 18.849
201906 14.109 256.143 18.189
201909 14.004 256.759 18.010
201912 13.899 256.974 17.860
202003 13.600 258.115 17.399
202006 13.375 257.797 17.132
202009 13.872 260.280 17.599
202012 14.299 260.474 18.127
202103 14.689 264.877 18.312
202106 15.119 271.696 18.375
202109 16.170 274.310 19.465
202112 17.195 278.802 20.366
202203 17.969 287.504 20.638
202206 15.780 296.311 17.585
202209 15.956 296.808 17.752
202212 15.740 296.797 17.512
202303 15.689 301.836 17.164
202306 14.850 305.109 16.072
202309 14.811 307.789 15.890
202312 14.420 306.746 15.523
202403 14.689 312.332 15.530
202406 14.828 314.175 15.585
202409 14.845 315.301 15.547
202412 14.631 315.605 15.308
202503 14.640 319.799 15.117
202506 13.880 322.561 14.209
202509 13.883 324.800 14.114
202512 13.955 324.054 14.220
202603 13.950 330.213 13.950

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 1.52 mean?
Sunplus Technology Co (TPE:2401) has a Cyclically Adjusted PB Ratio of 1.52 as of Aug. 04, 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 Sunplus Technology Co and its competitors. This is near median its historical median of 1.39. Over the past decade, Sunplus Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 2.67. According to the industry distribution chart, Sunplus Technology Co ranks #206 out of 731 companies in the Semiconductors industry, placing it in the top 28.2%.
Is Sunplus Technology Co's Cyclically Adjusted PB Ratio too high?
Sunplus Technology Co's current Cyclically Adjusted PB Ratio of 1.52 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.67. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.10. Sunplus Technology Co's value of 1.52 is 51% below this industry median. Based on the distribution chart, Sunplus Technology Co ranks #206 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Sunplus Technology Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sunplus Technology Co's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sunplus Technology Co ranks #206 out of 731 companies for Cyclically Adjusted PB Ratio. This puts Sunplus Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. Sunplus Technology Co's value of 1.52 is 51% below this benchmark. Historically, Sunplus Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 2.67 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 3.10, Sunplus Technology 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.10, based on 731 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. Sunplus Technology Co's current Cyclically Adjusted PB Ratio of 1.52 is 51% 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 Sunplus Technology Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunplus Technology Co's current Cyclically Adjusted PB Ratio is 1.52, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunplus Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunplus Technology Co (TPE:2401) is currently considered Fairly Valued. The stock's GF Value™ is NT$29.22, compared to a current price of NT$27.15 — trading 7.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.52, which is near median its 10-year median of 1.39 and 51% below the Semiconductors industry median of 3.10. Sunplus Technology Co's overall GF Score™ is 70/100 with 2 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 Sunplus Technology Co (TPE:2401), the current Cyclically Adjusted PB Ratio is 1.52 as of Aug. 04, 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 Sunplus Technology Co (TPE:2401) Overvalued in 2026?

Based on GuruFocus' analysis, Sunplus Technology Co stock appears to be undervalued. The current stock price of NT$27.15 is trading 7.1% below its estimated GF Value™ of NT$29.22. GuruFocus considers Sunplus Technology Co to be Fairly Valued.

Key valuation signals for TPE:2401:

  • Cyclically Adjusted PB Ratio: 1.52 (near median its 10-year median of 1.39)
  • GF Value™: NT$29.22 vs. price of NT$27.15 (7.1% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 51% below the Semiconductors median (#206 of 731)

No single metric tells the full story. See the TPE:2401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunplus Technology Co Business Description

Address 19, Innovation 1st Road, Hsinchu Science Park, Hsinchu, TWN
Sunplus Technology Co Ltd designs, produces, tests, and sells integrated circuits (ICs). Additionally, the company researches, develops, and sells various software applications and silicon intellectual property, and is also involved in the trading and agency business of integrated circuits. Its product offerings include digital audio-visual and intelligent acoustic chips for automotive applications, smart system-on-chip solutions for driver assistance systems, AIoT SoC development platforms, and open-source software to create efficient AI computing cores. The company's reportable segments are: IC design, which derives key revenue, Income from lease of property, and Other income. Geographically, it derives maximum revenue from Asia (excluding Taiwan), followed by Taiwan and other markets.
70GF Score

Get the complete analysis for TPE:2401

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

NT$27.15
Price
NT$29.22
GF Value