Avermedia Technologies (TPE:2417) Cyclically Adjusted PB Ratio: 1.74 (As of Aug. 10, 2026) — 17% Above Median

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TPE:2417 Avermedia Technologies Inc TPE:2417
68 GF Score
Price NT$42.95
GF Value NT$42.59
Valuation Fairly Valued
! 3 Warning Signs
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What is Avermedia Technologies Cyclically Adjusted PB Ratio?

Avermedia Technologies TPE:2417 +3.74% 68 Cyclically Adjusted PB Ratio is 1.74 as of Aug. 10, 2026, which is 17% above its 10-year median of 1.49. GuruFocus rates TPE:2417 with a GF Score™ of 68/100 and a GF Value™ of NT$42.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,967 Hardware companies, Avermedia Technologies ranks better than 55.41% on this metric.

As of today (2026-08-10), Avermedia Technologies's current share price is NT$42.95. Avermedia Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$24.75. Avermedia Technologies's Cyclically Adjusted PB Ratio for today is 1.74.

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

TPE:2417' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.49   Max: 4.38
Current: 1.74

During the past years, Avermedia Technologies's highest Cyclically Adjusted PB Ratio was 4.38. The lowest was 0.48. And the median was 1.49.

TPE:2417's Cyclically Adjusted PB Ratio is ranked better than
55.41% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs TPE:2417: 1.74

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.

Avermedia Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was NT$21.605. 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$24.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avermedia Technologies  (TPE:2417) 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.


Avermedia Technologies Cyclically Adjusted PB Ratio Related Terms


Avermedia Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Avermedia 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.

Avermedia Technologies Cyclically Adjusted PB Ratio Chart

Avermedia 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 1.35 0.92 1.48 2.05 1.59

Avermedia 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 1.64 1.51 1.70 1.59 1.35

TPE:2417 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Avermedia 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.


Avermedia Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2417
68GF Score
Avermedia Technologies Inc TPE:2417
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avermedia 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.95/24.75
=1.74

* 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.

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

For example, Avermedia 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)
=21.605/330.2130*330.2130
=21.605

Current CPI (Mar. 2026) = 330.2130.

Avermedia Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.205 241.018 26.312
201609 19.054 241.428 26.061
201612 19.054 241.432 26.061
201703 18.778 243.801 25.434
201706 18.557 244.955 25.016
201709 18.617 246.819 24.907
201712 18.524 246.524 24.812
201803 18.278 249.554 24.186
201806 18.143 251.989 23.775
201809 18.170 252.439 23.768
201812 18.505 251.233 24.322
201903 18.099 254.202 23.511
201906 18.079 256.143 23.307
201909 18.079 256.759 23.251
201912 18.317 256.974 23.537
202003 18.366 258.115 23.496
202006 19.277 257.797 24.692
202009 24.417 260.280 30.977
202012 26.790 260.474 33.963
202103 27.377 264.877 34.130
202106 27.531 271.696 33.461
202109 21.960 274.310 26.435
202112 21.782 278.802 25.799
202203 21.957 287.504 25.219
202206 21.479 296.311 23.936
202209 21.691 296.808 24.132
202212 21.513 296.797 23.935
202303 21.068 301.836 23.049
202306 21.560 305.109 23.334
202309 21.854 307.789 23.446
202312 21.740 306.746 23.403
202403 21.821 312.332 23.070
202406 21.670 314.175 22.776
202409 21.406 315.301 22.418
202412 21.567 315.605 22.565
202503 21.360 319.799 22.056
202506 20.419 322.561 20.903
202509 20.733 324.800 21.079
202512 21.259 324.054 21.663
202603 21.605 330.213 21.605

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 1.74 mean?
Avermedia Technologies (TPE:2417) has a Cyclically Adjusted PB Ratio of 1.74 as of Aug. 10, 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 Avermedia Technologies and its competitors. This is 17% above median its historical median of 1.49. Over the past decade, Avermedia Technologies' Cyclically Adjusted PB Ratio has ranged from 0.48 to 4.38. According to the industry distribution chart, Avermedia Technologies ranks #877 out of 1967 companies in the Hardware industry, placing it in the top 44.6%.
Is Avermedia Technologies' Cyclically Adjusted PB Ratio too high?
Avermedia Technologies' current Cyclically Adjusted PB Ratio of 1.74 is 17% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 4.38. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Avermedia Technologies' value of 1.74 is 16.7% below this industry median. Based on the distribution chart, Avermedia Technologies ranks #877 out of 1967 companies in the Hardware industry, which is above the industry midpoint. Overall, Avermedia Technologies has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Avermedia Technologies' Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Avermedia Technologies ranks #877 out of 1967 companies for Cyclically Adjusted PB Ratio. This puts Avermedia Technologies in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Avermedia Technologies' value of 1.74 is 16.7% below this benchmark. Historically, Avermedia Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.48 to 4.38 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 2.09, Avermedia Technologies 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 2.09, based on 1,967 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. Avermedia Technologies's current Cyclically Adjusted PB Ratio of 1.74 is 16.7% 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 Avermedia Technologies and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avermedia Technologies's current Cyclically Adjusted PB Ratio is 1.74, which is 17% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avermedia Technologies stock overvalued right now?
Based on GuruFocus' analysis, Avermedia Technologies (TPE:2417) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.59, compared to a current price of NT$42.95 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is 17% above median its 10-year median of 1.49 and 16.7% below the Hardware industry median of 2.09. Avermedia Technologies' overall GF Score™ is 68/100 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 Avermedia Technologies (TPE:2417), the current Cyclically Adjusted PB Ratio is 1.74 as of Aug. 10, 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 Avermedia Technologies (TPE:2417) Overvalued in 2026?

Based on GuruFocus' analysis, Avermedia Technologies stock appears to be overvalued. The current stock price of NT$42.95 is trading 0.8% above its estimated GF Value™ of NT$42.59. GuruFocus considers Avermedia Technologies to be Fairly Valued.

Key valuation signals for TPE:2417:

  • Cyclically Adjusted PB Ratio: 1.74 (17% above median its 10-year median of 1.49)
  • GF Value™: NT$42.59 vs. price of NT$42.95 (0.8% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 16.7% below the Hardware median (#877 of 1967)

No single metric tells the full story. See the TPE:2417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avermedia Technologies Business Description

Address Number 135, Jian-Yi 1st Road, Zhonghe District, New Taipei City, TWN, 23585
Avermedia Technologies Inc operates in the computer and peripheral equipment industry. It is mainly engaged in the designing, manufacturing, and marketing of computer system facilities, multimedia, internet TV, and consumer electronic products. The company earns revenue from sales of goods that come from computer-related equipment, multimedia equipment, computer system equipment, and presentation and video conference system products.
68GF Score

Get the complete analysis for TPE:2417

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

NT$42.95
Price
NT$42.59
GF Value