Chaintech Technology (TPE:2425) Cyclically Adjusted PB Ratio: 1.79 (As of Jul. 11, 2026) — Near Median


TPE:2425 Chaintech Technology Corp TPE:2425
66 GF Score
Price NT$40.05
GF Value NT$29.58
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Chaintech Technology Cyclically Adjusted PB Ratio?

Chaintech Technology TPE:2425 66 Cyclically Adjusted PB Ratio is 1.79 as of Jul. 11, 2026, which is 6% above its 10-year median of 1.69. GuruFocus rates TPE:2425 with a GF Score™ of 66/100 and a GF Value™ of NT$29.58 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,982 Hardware companies, Chaintech Technology ranks better than 54.44% on this metric.

As of today (2026-07-11), Chaintech Technology's current share price is NT$40.05. Chaintech Technology's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$22.35. Chaintech Technology's Cyclically Adjusted PB Ratio for today is 1.79.

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

TPE:2425' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.69   Max: 2.74
Current: 1.89

During the past years, Chaintech Technology's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 1.16. And the median was 1.69.

TPE:2425's Cyclically Adjusted PB Ratio is ranked better than
54.44% of 1982 companies
in the Hardware industry
Industry Median: 2.215 vs TPE:2425: 1.89

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.

Chaintech Technology's adjusted book value per share data for the three months ended in Dec. 2025 was NT$25.112. 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$22.35 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chaintech Technology  (TPE:2425) 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.


Chaintech Technology Cyclically Adjusted PB Ratio Related Terms


Chaintech Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chaintech Technology'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.

Chaintech Technology Cyclically Adjusted PB Ratio Chart

Chaintech Technology 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 1.73 1.64 2.37 1.58 1.36

Chaintech Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.58 1.54 1.68 1.37 1.36

TPE:2425 vs SNDK, DELL, STX: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Chaintech Technology'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.


Chaintech Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2425
66GF Score
Chaintech Technology Corp TPE:2425
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chaintech Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.05/22.35
=1.79

* 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.

Chaintech Technology's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Chaintech Technology's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=25.112/324.0540*324.0540
=25.112

Current CPI (Dec. 2025) = 324.0540.

Chaintech Technology Quarterly Data

Book Value per Share CPI Adj_Book
201603 16.351 238.132 22.251
201606 16.087 241.018 21.629
201609 16.065 241.428 21.563
201612 16.488 241.432 22.130
201703 15.688 243.801 20.852
201706 15.720 244.955 20.796
201709 15.862 246.819 20.826
201712 15.777 246.524 20.739
201803 16.325 249.554 21.199
201806 17.188 251.989 22.104
201809 17.053 252.439 21.891
201812 17.085 251.233 22.037
201903 17.382 254.202 22.158
201906 16.105 256.143 20.375
201909 16.703 256.759 21.081
201912 16.084 256.974 20.283
202003 15.497 258.115 19.456
202006 15.795 257.797 19.855
202009 16.969 260.280 21.127
202012 17.869 260.474 22.231
202103 18.697 264.877 22.874
202106 18.095 271.696 21.582
202109 17.740 274.310 20.957
202112 18.744 278.802 21.786
202203 19.521 287.504 22.003
202206 19.669 296.311 21.511
202209 20.927 296.808 22.848
202212 20.945 296.797 22.869
202303 21.776 301.836 23.379
202306 21.288 305.109 22.610
202309 22.969 307.789 24.183
202312 22.575 306.746 23.849
202403 23.308 312.332 24.183
202406 24.440 314.175 25.208
202409 24.419 315.301 25.097
202412 25.419 315.605 26.099
202503 25.908 319.799 26.253
202506 23.151 322.561 23.258
202509 23.969 324.800 23.914
202512 25.112 324.054 25.112

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 1.79 mean?
Chaintech Technology (TPE:2425) has a Cyclically Adjusted PB Ratio of 1.79 as of Jul. 11, 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 Chaintech Technology and its competitors. This is near median its historical median of 1.69. Over the past decade, Chaintech Technology's Cyclically Adjusted PB Ratio has ranged from 1.16 to 2.74. According to the industry distribution chart, Chaintech Technology ranks #903 out of 1982 companies in the Hardware industry, placing it in the top 45.6%.
Is Chaintech Technology's Cyclically Adjusted PB Ratio too high?
Chaintech Technology's current Cyclically Adjusted PB Ratio of 1.79 is near median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 2.74. The Hardware industry median Cyclically Adjusted PB Ratio is 2.22. Chaintech Technology's value of 1.79 is 19.2% below this industry median. Based on the distribution chart, Chaintech Technology ranks #903 out of 1982 companies in the Hardware industry, which is above the industry midpoint. Overall, Chaintech Technology has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chaintech Technology's Cyclically Adjusted PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Chaintech Technology ranks #903 out of 1982 companies for Cyclically Adjusted PB Ratio. This puts Chaintech Technology in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Chaintech Technology's value of 1.79 is 19.2% below this benchmark. Historically, Chaintech Technology's own Cyclically Adjusted PB Ratio has ranged from 1.16 to 2.74 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 2.22, Chaintech Technology 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 2.22, based on 1,982 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. Chaintech Technology's current Cyclically Adjusted PB Ratio of 1.79 is 19.2% 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 Chaintech Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chaintech Technology's current Cyclically Adjusted PB Ratio is 1.79, which is near median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaintech Technology stock overvalued right now?
Based on GuruFocus' analysis, Chaintech Technology (TPE:2425) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.58, compared to a current price of NT$40.05 — trading 35.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.79, which is near median its 10-year median of 1.69 and 19.2% below the Hardware industry median of 2.22. Chaintech Technology's overall GF Score™ is 66/100 with 10 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 Chaintech Technology (TPE:2425), the current Cyclically Adjusted PB Ratio is 1.79 as of Jul. 11, 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 Chaintech Technology (TPE:2425) Overvalued in 2026?

Based on GuruFocus' analysis, Chaintech Technology stock appears to be overvalued. The current stock price of NT$40.05 is trading 35.4% above its estimated GF Value™ of NT$29.58. GuruFocus considers Chaintech Technology to be Significantly Overvalued.

Key valuation signals for TPE:2425:

  • Cyclically Adjusted PB Ratio: 1.79 (near median its 10-year median of 1.69)
  • GF Value™: NT$29.58 vs. price of NT$40.05 (35.4% above fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 19.2% below the Hardware median (#903 of 1982)

No single metric tells the full story. See the TPE:2425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chaintech Technology Business Description

Address No. 48-3, Minsheng Road, 3rd Floor, Xindian District, New Taipei City, TWN, 23141
Chaintech Technology Corp is principally engaged in the business of buying and selling and manufacturing of motherboards, display cards, and computer peripherals. The company has reportable segments, namely, Consumer goods, AI servers and related products. The majority of revenue is derived from the AI servers and related products. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan.
66GF Score

Get the complete analysis for TPE:2425

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

NT$40.05
Price
NT$29.58
GF Value