Unitech Computer Co (TPE:2414) Cyclically Adjusted PB Ratio: 2.54 (As of Aug. 12, 2026) — 43% Above 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:2414 Unitech Computer Co Ltd TPE:2414
76 GF Score
Price NT$52.80
GF Value NT$47.88
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Unitech Computer Co Cyclically Adjusted PB Ratio?

Unitech Computer Co TPE:2414 +1.73% 76 Cyclically Adjusted PB Ratio is 2.54 as of Aug. 12, 2026, which is 43% above its 10-year median of 1.78. GuruFocus rates TPE:2414 with a GF Score™ of 76/100 and a GF Value™ of NT$47.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,965 Hardware companies, Unitech Computer Co ranks worse than 58.98% on this metric.

As of today (2026-08-12), Unitech Computer Co's current share price is NT$52.80. Unitech Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$20.82. Unitech Computer Co's Cyclically Adjusted PB Ratio for today is 2.54.

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

TPE:2414' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.78   Max: 3.02
Current: 2.68

During the past years, Unitech Computer Co's highest Cyclically Adjusted PB Ratio was 3.02. The lowest was 1.20. And the median was 1.78.

TPE:2414's Cyclically Adjusted PB Ratio is ranked worse than
58.98% of 1965 companies
in the Hardware industry
Industry Median: 2.07 vs TPE:2414: 2.68

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.

Unitech Computer Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$21.136. 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$20.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unitech Computer Co  (TPE:2414) 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.


Unitech Computer Co Cyclically Adjusted PB Ratio Related Terms


Unitech Computer Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Unitech Computer 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.

Unitech Computer Co Cyclically Adjusted PB Ratio Chart

Unitech Computer 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 2.08 1.60 1.75 1.84 2.00

Unitech Computer 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 1.89 1.98 2.11 2.00 2.05

TPE:2414 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Unitech Computer 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.


Unitech Computer Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2414
76GF Score
Unitech Computer Co Ltd TPE:2414
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unitech Computer 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.80/20.82
=2.54

* 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.

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

For example, Unitech Computer 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)
=21.136/330.2130*330.2130
=21.136

Current CPI (Mar. 2026) = 330.2130.

Unitech Computer Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.039 241.018 20.605
201609 15.415 241.428 21.084
201612 15.677 241.432 21.442
201703 16.055 243.801 21.745
201706 15.149 244.955 20.422
201709 15.653 246.819 20.942
201712 15.899 246.524 21.296
201803 16.384 249.554 21.680
201806 15.405 251.989 20.187
201809 15.797 252.439 20.664
201812 16.105 251.233 21.168
201903 16.632 254.202 21.605
201906 15.622 256.143 20.139
201909 16.092 256.759 20.696
201912 16.437 256.974 21.122
202003 17.050 258.115 21.812
202006 16.069 257.797 20.583
202009 16.657 260.280 21.132
202012 17.158 260.474 21.752
202103 18.001 264.877 22.441
202106 18.982 271.696 23.070
202109 18.085 274.310 21.771
202112 18.618 278.802 22.051
202203 19.372 287.504 22.250
202206 17.528 296.311 19.533
202209 18.534 296.808 20.620
202212 18.938 296.797 21.070
202303 19.549 301.836 21.387
202306 17.655 305.109 19.108
202309 18.309 307.789 19.643
202312 18.815 306.746 20.254
202403 19.388 312.332 20.498
202406 17.785 314.175 18.693
202409 18.579 315.301 19.458
202412 19.290 315.605 20.183
202503 20.130 319.799 20.786
202506 18.346 322.561 18.781
202509 19.157 324.800 19.476
202512 19.955 324.054 20.334
202603 21.136 330.213 21.136

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 2.54 mean?
Unitech Computer Co (TPE:2414) has a Cyclically Adjusted PB Ratio of 2.54 as of Aug. 12, 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 Unitech Computer Co and its competitors. This is 43% above median its historical median of 1.78. Over the past decade, Unitech Computer Co's Cyclically Adjusted PB Ratio has ranged from 1.20 to 3.02. According to the industry distribution chart, Unitech Computer Co ranks #1159 out of 1965 companies in the Hardware industry, placing it in the top 59%.
Is Unitech Computer Co's Cyclically Adjusted PB Ratio too high?
Unitech Computer Co's current Cyclically Adjusted PB Ratio of 2.54 is 43% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 3.02. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Unitech Computer Co's value of 2.54 is 22.7% above this industry median. Based on the distribution chart, Unitech Computer Co ranks #1159 out of 1965 companies in the Hardware industry, which is below the industry midpoint. Overall, Unitech Computer Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Unitech Computer Co's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Unitech Computer Co ranks #1159 out of 1965 companies for Cyclically Adjusted PB Ratio. This places Unitech Computer Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Unitech Computer Co's value of 2.54 is 22.7% above this benchmark. Historically, Unitech Computer Co's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 3.02 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 2.07, Unitech Computer Co 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 2.07, based on 1,965 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. Unitech Computer Co's current Cyclically Adjusted PB Ratio of 2.54 is 22.7% 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 Unitech Computer Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unitech Computer Co's current Cyclically Adjusted PB Ratio is 2.54, which is 43% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unitech Computer Co stock overvalued right now?
Based on GuruFocus' analysis, Unitech Computer Co (TPE:2414) is currently considered Fairly Valued. The stock's GF Value™ is NT$47.88, compared to a current price of NT$52.80 — trading 10.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.54, which is 43% above median its 10-year median of 1.78 and 22.7% above the Hardware industry median of 2.07. Unitech Computer Co's overall GF Score™ is 76/100 with 3 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 Unitech Computer Co (TPE:2414), the current Cyclically Adjusted PB Ratio is 2.54 as of Aug. 12, 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 Unitech Computer Co (TPE:2414) Overvalued in 2026?

Based on GuruFocus' analysis, Unitech Computer Co stock appears to be overvalued. The current stock price of NT$52.80 is trading 10.3% above its estimated GF Value™ of NT$47.88. GuruFocus considers Unitech Computer Co to be Fairly Valued.

Key valuation signals for TPE:2414:

  • Cyclically Adjusted PB Ratio: 2.54 (43% above median its 10-year median of 1.78)
  • GF Value™: NT$47.88 vs. price of NT$52.80 (10.3% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 22.7% above the Hardware median (#1159 of 1965)

No single metric tells the full story. See the TPE:2414 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unitech Computer Co Business Description

Address Xinhu 2nd Road, No. 236, 3rd Floor, Neihu District, Taipei, TWN, 114
Unitech Computer Co Ltd is mainly engaged in the design, manufacture, trade, import, and export of computers and computer peripheral equipment products, as well as automatic identification systems. The Group's product portfolio comprises monitors, toners, storage consumables, smart tablets, printers, keyboards, routers, projectors, laptops, etc. Its reportable business segments are: Channel business operation, which generates maximum revenue, and Automatic Identification Data Collection Product Operation. Geographically, the Group generates maximum revenue from its business in Asia, and the rest from America, Europe, and Oceania.
76GF Score

Get the complete analysis for TPE:2414

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

NT$52.80
Price
NT$47.88
GF Value