MediaTek (TPE:2454) Cyclically Adjusted PB Ratio: 15.57 (As of Aug. 11, 2026) — 248% Above Median

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TPE:2454 MediaTek Inc TPE:2454
79 GF Score
Price NT$3,960.00
GF Value NT$1,466.37
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is MediaTek Cyclically Adjusted PB Ratio?

MediaTek TPE:2454 +1.54% 79 Cyclically Adjusted PB Ratio is 15.57 as of Aug. 11, 2026, which is 248% above its 10-year median of 4.48. GuruFocus rates TPE:2454 with a GF Score™ of 79/100 and a GF Value™ of NT$1,466.37 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 728 Semiconductors companies, MediaTek ranks worse than 90.52% on this metric.

As of today (2026-08-11), MediaTek's current share price is NT$3960.00. MediaTek's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$254.29. MediaTek's Cyclically Adjusted PB Ratio for today is 15.57.

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

TPE:2454' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 4.48   Max: 17.26
Current: 15.57

During the past years, MediaTek's highest Cyclically Adjusted PB Ratio was 17.26. The lowest was 1.54. And the median was 4.48.

TPE:2454's Cyclically Adjusted PB Ratio is ranked worse than
90.52% of 728 companies
in the Semiconductors industry
Industry Median: 3.225 vs TPE:2454: 15.57

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.

MediaTek's adjusted book value per share data for the three months ended in Mar. 2026 was NT$244.520. 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$254.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MediaTek  (TPE:2454) 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.


MediaTek Cyclically Adjusted PB Ratio Related Terms


MediaTek Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MediaTek'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.

MediaTek Cyclically Adjusted PB Ratio Chart

MediaTek 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 6.26 2.91 4.48 5.94 5.75

MediaTek 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 5.74 5.10 5.29 5.75 5.86

TPE:2454 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, MediaTek'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.


MediaTek Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:2454
79GF Score
MediaTek Inc TPE:2454
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MediaTek 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.

MediaTek's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3960.00/254.29
=15.57

* 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.

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

For example, MediaTek'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)
=244.52/330.2130*330.2130
=244.520

Current CPI (Mar. 2026) = 330.2130.

MediaTek Quarterly Data

Book Value per Share CPI Adj_Book
201606 142.481 241.018 195.210
201609 145.027 241.428 198.361
201612 155.483 241.432 212.658
201703 160.168 243.801 216.937
201706 157.150 244.955 211.847
201709 162.915 246.819 217.960
201712 165.104 246.524 221.153
201803 173.232 249.554 229.223
201806 164.499 251.989 215.564
201809 170.788 252.439 223.406
201812 172.346 251.233 226.526
201903 180.275 254.202 234.180
201906 181.693 256.143 234.234
201909 196.773 256.759 253.066
201912 197.711 256.974 254.060
202003 206.345 258.115 263.982
202006 203.425 257.797 260.568
202009 214.014 260.280 271.516
202012 235.001 260.474 297.920
202103 260.195 264.877 324.376
202106 244.082 271.696 296.652
202109 248.705 274.310 299.390
202112 271.529 278.802 321.599
202203 285.619 287.504 328.048
202206 245.160 296.311 273.210
202209 267.310 296.808 297.395
202212 276.513 296.797 307.645
202303 211.378 301.836 231.251
202306 228.551 305.109 247.356
202309 246.441 307.789 264.395
202312 231.306 306.746 249.002
202403 231.764 312.332 245.032
202406 241.654 314.175 253.990
202409 260.463 315.301 272.781
202412 248.842 315.605 260.360
202503 243.288 319.799 251.210
202506 236.150 322.561 241.752
202509 263.219 324.800 267.606
202512 250.985 324.054 255.755
202603 244.520 330.213 244.520

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 15.57 mean?
MediaTek (TPE:2454) has a Cyclically Adjusted PB Ratio of 15.57 as of Aug. 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 MediaTek and its competitors. This is 248% above median its historical median of 4.48. Over the past decade, MediaTek's Cyclically Adjusted PB Ratio has ranged from 1.54 to 17.26. According to the industry distribution chart, MediaTek ranks #659 out of 728 companies in the Semiconductors industry, placing it in the top 90.5%.
Is MediaTek's Cyclically Adjusted PB Ratio too high?
MediaTek's current Cyclically Adjusted PB Ratio of 15.57 is 248% above median its 10-year median of 4.48. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 17.26. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. MediaTek's value of 15.57 is 382.8% above this industry median. Based on the distribution chart, MediaTek ranks #659 out of 728 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, MediaTek has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MediaTek's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, MediaTek ranks #659 out of 728 companies for Cyclically Adjusted PB Ratio. This places MediaTek in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. MediaTek's value of 15.57 is 382.8% above this benchmark. Historically, MediaTek's own Cyclically Adjusted PB Ratio has ranged from 1.54 to 17.26 over the past decade. While the company's 10-year median is 4.48 vs. the industry median of 3.23, MediaTek 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 a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 728 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. MediaTek's current Cyclically Adjusted PB Ratio of 15.57 is 382.8% 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 MediaTek and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MediaTek's current Cyclically Adjusted PB Ratio is 15.57, which is 248% above median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MediaTek stock overvalued right now?
Based on GuruFocus' analysis, MediaTek (TPE:2454) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,466.37, compared to a current price of NT$3,960.00 — trading 170.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 15.57, which is 248% above median its 10-year median of 4.48 and 382.8% above the Semiconductors industry median of 3.23. MediaTek's overall GF Score™ is 79/100 with 6 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 MediaTek (TPE:2454), the current Cyclically Adjusted PB Ratio is 15.57 as of Aug. 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 MediaTek (TPE:2454) Overvalued in 2026?

Based on GuruFocus' analysis, MediaTek stock appears to be overvalued. The current stock price of NT$3,960.00 is trading 170.1% above its estimated GF Value™ of NT$1,466.37. GuruFocus considers MediaTek to be Significantly Overvalued.

Key valuation signals for TPE:2454:

  • Cyclically Adjusted PB Ratio: 15.57 (248% above median its 10-year median of 4.48)
  • GF Value™: NT$1,466.37 vs. price of NT$3,960.00 (170.1% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 382.8% above the Semiconductors median (#659 of 728)

No single metric tells the full story. See the TPE:2454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MediaTek Business Description

Address No. 1, Dusing 1st Road, Hsinchu Science Park, Hsinchu City, TWN, 30078
Founded in 1997, MediaTek is a fabless semiconductor designer focusing on solutions for smartphones, digital televisions, and connectivity products. The business is divided into three segments. The first is mobile, which accounts for more than half of sales, where MediaTek is the second-largest third-party supplier of smartphone SoCs by revenue to the likes of Xiaomi and Vivo. The second is smart edge, which accounts for just over 40% of sales and covers most devices other than smartphones. The third is power IC, which includes power management products for mobile devices, data centers, connectivity devices, and more. MediaTek is headquartered in Hsinchu, Taiwan, and employs about 22,400 people.
79GF Score

Get the complete analysis for TPE:2454

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

NT$3,960.00
Price
NT$1,466.37
GF Value