Weltrend Semiconductor (TPE:2436) Cyclically Adjusted PB Ratio: 2.83 (As of Aug. 07, 2026) — Near 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:2436 Weltrend Semiconductor Inc TPE:2436
71 GF Score
Price NT$61.60
GF Value NT$72.05
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Weltrend Semiconductor Cyclically Adjusted PB Ratio?

Weltrend Semiconductor TPE:2436 +0.66% 71 Cyclically Adjusted PB Ratio is 2.83 as of Aug. 07, 2026, which is 6% above its 10-year median of 2.66. GuruFocus rates TPE:2436 with a GF Score™ of 71/100 and a GF Value™ of NT$72.05 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 731 Semiconductors companies, Weltrend Semiconductor ranks better than 57.46% on this metric.

As of today (2026-08-07), Weltrend Semiconductor's current share price is NT$61.60. Weltrend Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$21.73. Weltrend Semiconductor's Cyclically Adjusted PB Ratio for today is 2.83.

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

TPE:2436' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.66   Max: 5.78
Current: 2.32

During the past years, Weltrend Semiconductor's highest Cyclically Adjusted PB Ratio was 5.78. The lowest was 1.21. And the median was 2.66.

TPE:2436's Cyclically Adjusted PB Ratio is ranked better than
57.46% of 731 companies
in the Semiconductors industry
Industry Median: 3.14 vs TPE:2436: 2.32

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.

Weltrend Semiconductor's adjusted book value per share data for the three months ended in Mar. 2026 was NT$22.020. 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$21.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weltrend Semiconductor  (TPE:2436) 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.


Weltrend Semiconductor Cyclically Adjusted PB Ratio Related Terms


Weltrend Semiconductor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Weltrend 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.

Weltrend Semiconductor Cyclically Adjusted PB Ratio Chart

Weltrend 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 5.13 2.07 3.57 2.64 2.23

Weltrend 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 2.37 2.44 2.45 2.23 2.70

TPE:2436 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Weltrend 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.


Weltrend Semiconductor Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:2436
71GF Score
Weltrend Semiconductor Inc TPE:2436
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Weltrend 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.60/21.73
=2.83

* 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.

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

For example, Weltrend 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)
=22.02/330.2130*330.2130
=22.020

Current CPI (Mar. 2026) = 330.2130.

Weltrend Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.367 241.018 21.054
201609 16.138 241.428 22.073
201612 16.379 241.432 22.402
201703 17.317 243.801 23.455
201706 17.371 244.955 23.417
201709 17.963 246.819 24.032
201712 18.469 246.524 24.739
201803 18.731 249.554 24.785
201806 18.808 251.989 24.646
201809 16.608 252.439 21.725
201812 16.203 251.233 21.297
201903 16.816 254.202 21.844
201906 15.968 256.143 20.586
201909 16.204 256.759 20.840
201912 16.943 256.974 21.772
202003 15.451 258.115 19.767
202006 15.585 257.797 19.963
202009 16.690 260.280 21.174
202012 18.090 260.474 22.933
202103 19.642 264.877 24.487
202106 19.459 271.696 23.650
202109 20.015 274.310 24.094
202112 20.834 278.802 24.676
202203 21.739 287.504 24.968
202206 17.886 296.311 19.932
202209 17.640 296.808 19.625
202212 17.851 296.797 19.861
202303 18.635 301.836 20.387
202306 17.708 305.109 19.165
202309 19.245 307.789 20.647
202312 19.656 306.746 21.160
202403 20.291 312.332 21.453
202406 19.671 314.175 20.675
202409 19.199 315.301 20.107
202412 19.389 315.605 20.286
202503 19.229 319.799 19.855
202506 17.789 322.561 18.211
202509 19.665 324.800 19.993
202512 21.016 324.054 21.415
202603 22.020 330.213 22.020

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 2.83 mean?
Weltrend Semiconductor (TPE:2436) has a Cyclically Adjusted PB Ratio of 2.83 as of Aug. 07, 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 Weltrend Semiconductor and its competitors. This is near median its historical median of 2.66. Over the past decade, Weltrend Semiconductor's Cyclically Adjusted PB Ratio has ranged from 1.21 to 5.78. According to the industry distribution chart, Weltrend Semiconductor ranks #311 out of 731 companies in the Semiconductors industry, placing it in the top 42.5%.
Is Weltrend Semiconductor's Cyclically Adjusted PB Ratio too high?
Weltrend Semiconductor's current Cyclically Adjusted PB Ratio of 2.83 is near median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 5.78. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.14. Weltrend Semiconductor's value of 2.83 is 9.9% below this industry median. Based on the distribution chart, Weltrend Semiconductor ranks #311 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Weltrend Semiconductor has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Weltrend Semiconductor's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Weltrend Semiconductor ranks #311 out of 731 companies for Cyclically Adjusted PB Ratio. This puts Weltrend Semiconductor in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.14. Weltrend Semiconductor's value of 2.83 is 9.9% below this benchmark. Historically, Weltrend Semiconductor's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 5.78 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 3.14, Weltrend 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 3.14, 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. Weltrend Semiconductor's current Cyclically Adjusted PB Ratio of 2.83 is 9.9% 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 Weltrend Semiconductor and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Weltrend Semiconductor's current Cyclically Adjusted PB Ratio is 2.83, which is near median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Weltrend Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Weltrend Semiconductor (TPE:2436) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$72.05, compared to a current price of NT$61.60 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.83, which is near median its 10-year median of 2.66 and 9.9% below the Semiconductors industry median of 3.14. Weltrend Semiconductor's overall GF Score™ is 71/100 with 2 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 Weltrend Semiconductor (TPE:2436), the current Cyclically Adjusted PB Ratio is 2.83 as of Aug. 07, 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 Weltrend Semiconductor (TPE:2436) Overvalued in 2026?

Based on GuruFocus' analysis, Weltrend Semiconductor stock appears to be undervalued. The current stock price of NT$61.60 is trading 14.5% below its estimated GF Value™ of NT$72.05. GuruFocus considers Weltrend Semiconductor to be Modestly Undervalued.

Key valuation signals for TPE:2436:

  • Cyclically Adjusted PB Ratio: 2.83 (near median its 10-year median of 2.66)
  • GF Value™: NT$72.05 vs. price of NT$61.60 (14.5% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 9.9% below the Semiconductors median (#311 of 731)

No single metric tells the full story. See the TPE:2436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Weltrend Semiconductor Business Description

Address No. 24, Industrial East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 300
Weltrend Semiconductor Inc mainly engaging in research, development, production, testing, and sales of digital and analog hybrid special application integrated circuits, as well as digital and analog integrated circuits. The Group's reportable segments are its self-owned product segment and product agency segment. The majority of revenue comes from self-owned product segment. The Group mainly operates business in Taiwan, mainland China, and other regions of which majority of revenue comes from Mainland China. The Group's main products and services is Integrated circuits, Trading of integrated circuits, and Design and testing income of which majority of sales is from Integrated circuits.
71GF Score

Get the complete analysis for TPE:2436

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

NT$61.60
Price
NT$72.05
GF Value