Sunonwealth Electric Machine Industry Co (TPE:2421) Cyclically Adjusted PB Ratio: 5.78 (As of Aug. 21, 2026) — 81% Above Median

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TPE:2421 Sunonwealth Electric Machine Industry Co Ltd TPE:2421
96 GF Score
Price NT$142.50
GF Value NT$153.15
Valuation Fairly Valued
! 1 Warning Sign
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What is Sunonwealth Electric Machine Industry Co Cyclically Adjusted PB Ratio?

Sunonwealth Electric Machine Industry Co TPE:2421 -1.04% 96 Cyclically Adjusted PB Ratio is 5.78 as of Aug. 21, 2026, which is 81% above its 10-year median of 3.19. GuruFocus rates TPE:2421 with a GF Score™ of 96/100 and a GF Value™ of NT$153.15 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,159 Industrial Products companies, Sunonwealth Electric Machine Industry Co ranks worse than 81.57% on this metric.

As of today (2026-08-21), Sunonwealth Electric Machine Industry Co's current share price is NT$142.50. Sunonwealth Electric Machine Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$24.65. Sunonwealth Electric Machine Industry Co's Cyclically Adjusted PB Ratio for today is 5.78.

The historical rank and industry rank for Sunonwealth Electric Machine Industry Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2421' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 3.19   Max: 7.65
Current: 5.84

During the past years, Sunonwealth Electric Machine Industry Co's highest Cyclically Adjusted PB Ratio was 7.65. The lowest was 1.68. And the median was 3.19.

TPE:2421's Cyclically Adjusted PB Ratio is ranked worse than
81.57% of 2159 companies
in the Industrial Products industry
Industry Median: 2.14 vs TPE:2421: 5.84

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.

Sunonwealth Electric Machine Industry Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$36.787. 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$24.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunonwealth Electric Machine Industry Co  (TPE:2421) 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.


Sunonwealth Electric Machine Industry Co Cyclically Adjusted PB Ratio Related Terms


Sunonwealth Electric Machine Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sunonwealth Electric Machine Industry 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.

Sunonwealth Electric Machine Industry Co Cyclically Adjusted PB Ratio Chart

Sunonwealth Electric Machine Industry 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 2.48 2.23 5.28 4.49 6.91

Sunonwealth Electric Machine Industry Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.44 5.50 6.91 5.13 5.76

TPE:2421 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Sunonwealth Electric Machine Industry 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.


Sunonwealth Electric Machine Industry Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunonwealth Electric Machine Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sunonwealth Electric Machine Industry Co's Cyclically Adjusted PB Ratio falls into.


TPE:2421
96GF Score
Sunonwealth Electric Machine Industry Co Ltd TPE:2421
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunonwealth Electric Machine Industry 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.

Sunonwealth Electric Machine Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=142.50/24.65
=5.78

* 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.

Sunonwealth Electric Machine Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sunonwealth Electric Machine Industry Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=36.787/333.9520*333.9520
=36.787

Current CPI (Jun. 2026) = 333.9520.

Sunonwealth Electric Machine Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.278 241.428 21.133
201612 15.984 241.432 22.109
201703 15.990 243.801 21.903
201706 15.033 244.955 20.495
201709 15.889 246.819 21.498
201712 16.411 246.524 22.231
201803 16.809 249.554 22.494
201806 15.215 251.989 20.164
201809 15.790 252.439 20.889
201812 16.408 251.233 21.810
201903 16.787 254.202 22.054
201906 15.318 256.143 19.971
201909 16.079 256.759 20.913
201912 16.762 256.974 21.783
202003 17.078 258.115 22.096
202006 16.372 257.797 21.208
202009 17.449 260.280 22.388
202012 18.210 260.474 23.347
202103 18.511 264.877 23.338
202106 18.706 271.696 22.992
202109 16.568 274.310 20.170
202112 17.309 278.802 20.733
202203 18.221 287.504 21.165
202206 18.052 296.311 20.345
202209 19.570 296.808 22.019
202212 20.622 296.797 23.204
202303 21.792 301.836 24.111
202306 21.726 305.109 23.780
202309 27.924 307.789 30.298
202312 26.346 306.746 28.683
202403 27.905 312.332 29.837
202406 25.831 314.175 27.457
202409 27.106 315.301 28.709
202412 28.810 315.605 30.485
202503 30.777 319.799 32.139
202506 26.548 322.561 27.486
202509 29.582 324.800 30.416
202512 32.434 324.054 33.425
202603 39.588 330.213 40.036
202606 36.787 333.952 36.787

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 5.78 mean?
Sunonwealth Electric Machine Industry Co (TPE:2421) has a Cyclically Adjusted PB Ratio of 5.78 as of Aug. 21, 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 Sunonwealth Electric Machine Industry Co and its competitors. This is 81% above median its historical median of 3.19. Over the past decade, Sunonwealth Electric Machine Industry Co's Cyclically Adjusted PB Ratio has ranged from 1.68 to 7.65. According to the industry distribution chart, Sunonwealth Electric Machine Industry Co ranks #1761 out of 2159 companies in the Industrial Products industry, placing it in the top 81.6%.
Is Sunonwealth Electric Machine Industry Co's Cyclically Adjusted PB Ratio too high?
Sunonwealth Electric Machine Industry Co's current Cyclically Adjusted PB Ratio of 5.78 is 81% above median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 7.65. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Sunonwealth Electric Machine Industry Co's value of 5.78 is 170.1% above this industry median. Based on the distribution chart, Sunonwealth Electric Machine Industry Co ranks #1761 out of 2159 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Sunonwealth Electric Machine Industry Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sunonwealth Electric Machine Industry Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sunonwealth Electric Machine Industry Co ranks #1761 out of 2159 companies for Cyclically Adjusted PB Ratio. This places Sunonwealth Electric Machine Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Sunonwealth Electric Machine Industry Co's value of 5.78 is 170.1% above this benchmark. Historically, Sunonwealth Electric Machine Industry Co's own Cyclically Adjusted PB Ratio has ranged from 1.68 to 7.65 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 2.14, Sunonwealth Electric Machine Industry 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.14, based on 2,159 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. Sunonwealth Electric Machine Industry Co's current Cyclically Adjusted PB Ratio of 5.78 is 170.1% 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 Sunonwealth Electric Machine Industry Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunonwealth Electric Machine Industry Co's current Cyclically Adjusted PB Ratio is 5.78, which is 81% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunonwealth Electric Machine Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Sunonwealth Electric Machine Industry Co (TPE:2421) is currently considered Fairly Valued. The stock's GF Value™ is NT$153.15, compared to a current price of NT$142.50 — trading 7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.78, which is 81% above median its 10-year median of 3.19 and 170.1% above the Industrial Products industry median of 2.14. Sunonwealth Electric Machine Industry Co's overall GF Score™ is 96/100 with 1 warning sign 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 Sunonwealth Electric Machine Industry Co (TPE:2421), the current Cyclically Adjusted PB Ratio is 5.78 as of Aug. 21, 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 Sunonwealth Electric Machine Industry Co (TPE:2421) Overvalued in 2026?

Based on GuruFocus' analysis, Sunonwealth Electric Machine Industry Co stock appears to be undervalued. The current stock price of NT$142.50 is trading 7% below its estimated GF Value™ of NT$153.15. GuruFocus considers Sunonwealth Electric Machine Industry Co to be Fairly Valued.

Key valuation signals for TPE:2421:

  • Cyclically Adjusted PB Ratio: 5.78 (81% above median its 10-year median of 3.19)
  • GF Value™: NT$153.15 vs. price of NT$142.50 (7% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 170.1% above the Industrial Products median (#1761 of 2159)

No single metric tells the full story. See the TPE:2421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunonwealth Electric Machine Industry Co Business Description

Address No. 30, Ln 296, Xinya Road, Qianzhen District, Kaohsiung City, TWN, 806
Sunonwealth Electric Machine Industry Co Ltd is a Taiwan-based company that engages in the production and sale of precision motors, AC/DC brushless fans, electric fans, and micro cooling fans. Its products include DC fan and blower series; AC fans, EC fans, fan trays, fan accessories, ventilation fans, and others. It serves its products in various industries, such as IT, automobile electronics, optical electronics, and network communication industries.
96GF Score

Get the complete analysis for TPE:2421

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

NT$142.50
Price
NT$153.15
GF Value