Mospec Semiconductor (TPE:2434) Cyclically Adjusted PB Ratio: 2.69 (As of Aug. 06, 2026) — 145% Above Median

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TPE:2434 Mospec Semiconductor Corp TPE:2434
32 GF Score
Price NT$56.90
GF Value NT$24.08
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mospec Semiconductor Cyclically Adjusted PB Ratio?

Mospec Semiconductor TPE:2434 -5.32% 32 Cyclically Adjusted PB Ratio is 2.69 as of Aug. 06, 2026, which is 145% above its 10-year median of 1.10. GuruFocus rates TPE:2434 with a GF Score™ of 32/100 and a GF Value™ of NT$24.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 731 Semiconductors companies, Mospec Semiconductor ranks better than 55.27% on this metric.

As of today (2026-08-06), Mospec Semiconductor's current share price is NT$56.90. Mospec Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.12. Mospec Semiconductor's Cyclically Adjusted PB Ratio for today is 2.69.

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

TPE:2434' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.1   Max: 3.87
Current: 2.52

During the past years, Mospec Semiconductor's highest Cyclically Adjusted PB Ratio was 3.87. The lowest was 0.57. And the median was 1.10.

TPE:2434's Cyclically Adjusted PB Ratio is ranked better than
55.27% of 731 companies
in the Semiconductors industry
Industry Median: 3.12 vs TPE:2434: 2.52

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.

Mospec Semiconductor's adjusted book value per share data for the three months ended in Mar. 2026 was NT$12.645. 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$21.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mospec Semiconductor  (TPE:2434) 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.


Mospec Semiconductor Cyclically Adjusted PB Ratio Related Terms


Mospec Semiconductor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mospec Semiconductor'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.

Mospec Semiconductor Cyclically Adjusted PB Ratio Chart

Mospec Semiconductor 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 1.18 0.89 1.20 1.33 1.48

Mospec Semiconductor 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 1.31 1.29 1.34 1.48 1.36

TPE:2434 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Mospec Semiconductor'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.


Mospec Semiconductor Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:2434
32GF Score
Mospec Semiconductor Corp TPE:2434
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mospec Semiconductor 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.

Mospec Semiconductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.90/21.12
=2.69

* 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.

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

For example, Mospec Semiconductor'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)
=12.645/330.2130*330.2130
=12.645

Current CPI (Mar. 2026) = 330.2130.

Mospec Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201606 27.727 241.018 37.988
201609 26.115 241.428 35.719
201612 26.371 241.432 36.068
201703 24.101 243.801 32.643
201706 23.647 244.955 31.877
201709 36.566 246.819 48.921
201712 32.973 246.524 44.167
201803 31.399 249.554 41.548
201806 28.604 251.989 37.483
201809 26.028 252.439 34.047
201812 22.648 251.233 29.768
201903 20.791 254.202 27.008
201906 17.607 256.143 22.698
201909 13.434 256.759 17.277
201912 7.903 256.974 10.155
202003 6.674 258.115 8.538
202006 5.795 257.797 7.423
202009 12.370 260.280 15.694
202012 12.440 260.474 15.771
202103 14.896 264.877 18.570
202106 14.752 271.696 17.929
202109 14.437 274.310 17.379
202112 14.335 278.802 16.978
202203 14.180 287.504 16.286
202206 13.680 296.311 15.245
202209 14.369 296.808 15.986
202212 13.530 296.797 15.053
202303 13.171 301.836 14.409
202306 12.909 305.109 13.971
202309 12.683 307.789 13.607
202312 12.523 306.746 13.481
202403 13.913 312.332 14.710
202406 13.269 314.175 13.946
202409 13.387 315.301 14.020
202412 12.764 315.605 13.355
202503 13.168 319.799 13.597
202506 12.466 322.561 12.762
202509 12.989 324.800 13.205
202512 12.742 324.054 12.984
202603 12.645 330.213 12.645

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 2.69 mean?
Mospec Semiconductor (TPE:2434) has a Cyclically Adjusted PB Ratio of 2.69 as of Aug. 06, 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 Mospec Semiconductor and its competitors. This is 145% above median its historical median of 1.10. Over the past decade, Mospec Semiconductor's Cyclically Adjusted PB Ratio has ranged from 0.57 to 3.87. According to the industry distribution chart, Mospec Semiconductor ranks #327 out of 731 companies in the Semiconductors industry, placing it in the top 44.7%.
Is Mospec Semiconductor's Cyclically Adjusted PB Ratio too high?
Mospec Semiconductor's current Cyclically Adjusted PB Ratio of 2.69 is 145% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.87. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.12. Mospec Semiconductor's value of 2.69 is 13.8% below this industry median. Based on the distribution chart, Mospec Semiconductor ranks #327 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Mospec Semiconductor has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mospec Semiconductor's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Mospec Semiconductor ranks #327 out of 731 companies for Cyclically Adjusted PB Ratio. This puts Mospec Semiconductor in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.12. Mospec Semiconductor's value of 2.69 is 13.8% below this benchmark. Historically, Mospec Semiconductor's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 3.87 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 3.12, Mospec Semiconductor 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 3.12, 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. Mospec Semiconductor's current Cyclically Adjusted PB Ratio of 2.69 is 13.8% 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 Mospec Semiconductor and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mospec Semiconductor's current Cyclically Adjusted PB Ratio is 2.69, which is 145% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mospec Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Mospec Semiconductor (TPE:2434) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.08, compared to a current price of NT$56.90 — trading 136.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.69, which is 145% above median its 10-year median of 1.10 and 13.8% below the Semiconductors industry median of 3.12. Mospec Semiconductor's overall GF Score™ is 32/100 with 5 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 Mospec Semiconductor (TPE:2434), the current Cyclically Adjusted PB Ratio is 2.69 as of Aug. 06, 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 Mospec Semiconductor (TPE:2434) Overvalued in 2026?

Based on GuruFocus' analysis, Mospec Semiconductor stock appears to be overvalued. The current stock price of NT$56.90 is trading 136.3% above its estimated GF Value™ of NT$24.08. GuruFocus considers Mospec Semiconductor to be Significantly Overvalued.

Key valuation signals for TPE:2434:

  • Cyclically Adjusted PB Ratio: 2.69 (145% above median its 10-year median of 1.10)
  • GF Value™: NT$24.08 vs. price of NT$56.90 (136.3% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 13.8% below the Semiconductors median (#327 of 731)

No single metric tells the full story. See the TPE:2434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mospec Semiconductor Business Description

Address No. 76, Zhongshan Road, Xinshi District, Gangqian Village, Tainan, TWN, 74442
Mospec Semiconductor Corp engages in the manufacturing, processing, and sales of power transistors, diodes, and solar cell wafers. Its products include Rectifier, Bridge, Transistor, TVS, IGBT, SiC Schottky Diode, Power Transistor, Zener Diode, and LDO. It operates in single segment. Geographically its operations are spread across China, Korea, Hong Kong, India, Taiwan, and Others with majority of revenue deriving from China.
32GF Score

Get the complete analysis for TPE:2434

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

NT$56.90
Price
NT$24.08
GF Value