Senao International Co (TPE:2450) Cyclically Adjusted PB Ratio: 1.03 (As of Aug. 07, 2026) — 20% Below Median

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TPE:2450 Senao International Co Ltd TPE:2450
84 GF Score
Price NT$28.30
GF Value NT$37.96
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Senao International Co Cyclically Adjusted PB Ratio?

Senao International Co TPE:2450 -0.53% 84 Cyclically Adjusted PB Ratio is 1.03 as of Aug. 07, 2026, which is 20% below its 10-year median of 1.29. GuruFocus rates TPE:2450 with a GF Score™ of 84/100 and a GF Value™ of NT$37.96 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,968 Hardware companies, Senao International Co ranks better than 69.77% on this metric.

As of today (2026-08-07), Senao International Co's current share price is NT$28.30. Senao International Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$27.49. Senao International Co's Cyclically Adjusted PB Ratio for today is 1.03.

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

TPE:2450' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.29   Max: 1.62
Current: 1.02

During the past years, Senao International Co's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 1.02. And the median was 1.29.

TPE:2450's Cyclically Adjusted PB Ratio is ranked better than
69.77% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:2450: 1.02

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.

Senao International Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$24.937. 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$27.49 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Senao International Co  (TPE:2450) 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.


Senao International Co Cyclically Adjusted PB Ratio Related Terms


Senao International Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Senao International 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.

Senao International Co Cyclically Adjusted PB Ratio Chart

Senao International 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 1.31 1.15 1.45 1.18 1.05

Senao International Co 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 1.18 1.22 1.05 1.03 1.05

TPE:2450 vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Senao International 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.


Senao International Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Senao International Co's Cyclically Adjusted PB Ratio falls into.


TPE:2450
84GF Score
Senao International Co Ltd TPE:2450
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Senao International 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.

Senao International Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.30/27.49
=1.03

* 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.

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

For example, Senao International Co'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)
=24.937/324.0540*324.0540
=24.937

Current CPI (Dec. 2025) = 324.0540.

Senao International Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 24.033 238.132 32.705
201606 21.874 241.018 29.410
201609 22.904 241.428 30.743
201612 23.822 241.432 31.974
201703 24.325 243.801 32.332
201706 21.511 244.955 28.457
201709 22.467 246.819 29.497
201712 23.451 246.524 30.826
201803 24.176 249.554 31.393
201806 21.851 251.989 28.100
201809 22.019 252.439 28.266
201812 22.490 251.233 29.009
201903 22.683 254.202 28.916
201906 21.559 256.143 27.275
201909 22.215 256.759 28.037
201912 22.645 256.974 28.556
202003 22.998 258.115 28.873
202006 21.758 257.797 27.350
202009 22.246 260.280 27.697
202012 22.898 260.474 28.487
202103 23.495 264.877 28.744
202106 22.453 271.696 26.780
202109 23.068 274.310 27.251
202112 23.737 278.802 27.590
202203 22.452 287.504 25.306
202206 22.892 296.311 25.035
202209 23.697 296.808 25.872
202212 24.428 296.797 26.671
202303 22.985 301.836 24.677
202306 23.651 305.109 25.120
202309 24.418 307.789 25.708
202312 24.839 306.746 26.241
202403 23.471 312.332 24.352
202406 23.838 314.175 24.588
202409 24.311 315.301 24.986
202412 24.931 315.605 25.598
202503 23.739 319.799 24.055
202506 23.928 322.561 24.039
202509 24.239 324.800 24.183
202512 24.937 324.054 24.937

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 1.03 mean?
Senao International Co (TPE:2450) has a Cyclically Adjusted PB Ratio of 1.03 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 Senao International Co and its competitors. This is 20% below median its historical median of 1.29. Over the past decade, Senao International Co's Cyclically Adjusted PB Ratio has ranged from 1.02 to 1.62. According to the industry distribution chart, Senao International Co ranks #595 out of 1968 companies in the Hardware industry, placing it in the top 30.2%.
Is Senao International Co's Cyclically Adjusted PB Ratio too high?
Senao International Co's current Cyclically Adjusted PB Ratio of 1.03 is 20% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 1.62. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Senao International Co's value of 1.03 is 48.5% below this industry median. Based on the distribution chart, Senao International Co ranks #595 out of 1968 companies in the Hardware industry, which is above the industry midpoint. Overall, Senao International Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Senao International Co's Cyclically Adjusted PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Senao International Co ranks #595 out of 1968 companies for Cyclically Adjusted PB Ratio. This puts Senao International Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Senao International Co's value of 1.03 is 48.5% below this benchmark. Historically, Senao International Co's own Cyclically Adjusted PB Ratio has ranged from 1.02 to 1.62 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 2.00, Senao International Co 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 2.00, based on 1,968 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. Senao International Co's current Cyclically Adjusted PB Ratio of 1.03 is 48.5% 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 Senao International Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Senao International Co's current Cyclically Adjusted PB Ratio is 1.03, which is 20% below median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Senao International Co stock overvalued right now?
Based on GuruFocus' analysis, Senao International Co (TPE:2450) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.96, compared to a current price of NT$28.30 — trading 25.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is 20% below median its 10-year median of 1.29 and 48.5% below the Hardware industry median of 2.00. Senao International Co's overall GF Score™ is 84/100 with 4 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 Senao International Co (TPE:2450), the current Cyclically Adjusted PB Ratio is 1.03 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 Senao International Co (TPE:2450) Overvalued in 2026?

Based on GuruFocus' analysis, Senao International Co stock appears to be undervalued. The current stock price of NT$28.30 is trading 25.4% below its estimated GF Value™ of NT$37.96. GuruFocus considers Senao International Co to be Modestly Undervalued.

Key valuation signals for TPE:2450:

  • Cyclically Adjusted PB Ratio: 1.03 (20% below median its 10-year median of 1.29)
  • GF Value™: NT$37.96 vs. price of NT$28.30 (25.4% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 48.5% below the Hardware median (#595 of 1968)

No single metric tells the full story. See the TPE:2450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Senao International Co Business Description

Address No.531, Zhongzheng Road, 2nd Floor, Xindian District, New Taipei, TWN
Senao International Co Ltd is a company mainly engaged in the agent distribution and sale of mobile phones, tablets, related accessories, and other digital communication products. The company also provides related maintenance services. The communication products account for the majority of the company's revenue. It operates in the business segment of selling information and communication products and peripheral products in Taiwan. The company generates the majority of its total revenue from the Taiwanese market.
84GF Score

Get the complete analysis for TPE:2450

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

NT$28.30
Price
NT$37.96
GF Value