Audix (TPE:2459) Cyclically Adjusted PB Ratio: 1.23 (As of Aug. 08, 2026) — Near Median

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TPE:2459 Audix Corp TPE:2459
78 GF Score
Price NT$65.20
GF Value NT$51.66
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Audix Cyclically Adjusted PB Ratio?

Audix TPE:2459 +0.93% 78 Cyclically Adjusted PB Ratio is 1.23 as of Aug. 08, 2026, which is 3% above its 10-year median of 1.19. GuruFocus rates TPE:2459 with a GF Score™ of 78/100 and a GF Value™ of NT$51.66 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,968 Hardware companies, Audix ranks better than 64.18% on this metric.

As of today (2026-08-08), Audix's current share price is NT$65.20. Audix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$52.88. Audix's Cyclically Adjusted PB Ratio for today is 1.23.

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

TPE:2459' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.19   Max: 1.53
Current: 1.22

During the past years, Audix's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.83. And the median was 1.19.

TPE:2459's Cyclically Adjusted PB Ratio is ranked better than
64.18% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:2459: 1.22

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.

Audix's adjusted book value per share data for the three months ended in Mar. 2026 was NT$52.660. 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$52.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Audix  (TPE:2459) 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.


Audix Cyclically Adjusted PB Ratio Related Terms


Audix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Audix'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.

Audix Cyclically Adjusted PB Ratio Chart

Audix 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 1.29 1.05 1.26 1.36 1.27

Audix 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 1.29 1.15 1.21 1.27 1.23

TPE:2459 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Audix'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.


Audix Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:2459
78GF Score
Audix Corp TPE:2459
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Audix 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.20/52.88
=1.23

* 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.

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

For example, Audix'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)
=52.66/330.2130*330.2130
=52.660

Current CPI (Mar. 2026) = 330.2130.

Audix Quarterly Data

Book Value per Share CPI Adj_Book
201606 40.708 241.018 55.773
201609 38.276 241.428 52.352
201612 40.977 241.432 56.045
201703 39.789 243.801 53.892
201706 38.751 244.955 52.239
201709 40.585 246.819 54.298
201712 41.447 246.524 55.517
201803 42.733 249.554 56.545
201806 40.368 251.989 52.899
201809 40.424 252.439 52.878
201812 41.798 251.233 54.938
201903 43.539 254.202 56.558
201906 40.949 256.143 52.790
201909 40.718 256.759 52.367
201912 41.351 256.974 53.136
202003 38.763 258.115 49.590
202006 38.920 257.797 49.853
202009 41.014 260.280 52.034
202012 42.718 260.474 54.155
202103 40.306 264.877 50.248
202106 40.999 271.696 49.829
202109 42.621 274.310 51.307
202112 43.713 278.802 51.774
202203 43.324 287.504 49.760
202206 44.563 296.311 49.662
202209 48.222 296.808 53.649
202212 48.955 296.797 54.467
202303 46.846 301.836 51.250
202306 46.931 305.109 50.792
202309 50.208 307.789 53.866
202312 50.004 306.746 53.829
202403 48.608 312.332 51.391
202406 50.912 314.175 53.511
202409 52.216 315.301 54.686
202412 53.498 315.605 55.974
202503 52.008 319.799 53.702
202506 46.634 322.561 47.740
202509 51.014 324.800 51.864
202512 54.156 324.054 55.185
202603 52.660 330.213 52.660

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 1.23 mean?
Audix (TPE:2459) has a Cyclically Adjusted PB Ratio of 1.23 as of Aug. 08, 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 Audix and its competitors. This is near median its historical median of 1.19. Over the past decade, Audix's Cyclically Adjusted PB Ratio has ranged from 0.83 to 1.53. According to the industry distribution chart, Audix ranks #705 out of 1968 companies in the Hardware industry, placing it in the top 35.8%.
Is Audix's Cyclically Adjusted PB Ratio too high?
Audix's current Cyclically Adjusted PB Ratio of 1.23 is near median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.53. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Audix's value of 1.23 is 38.5% below this industry median. Based on the distribution chart, Audix ranks #705 out of 1968 companies in the Hardware industry, which is above the industry midpoint. Overall, Audix has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Audix's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Audix ranks #705 out of 1968 companies for Cyclically Adjusted PB Ratio. This puts Audix in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Audix's value of 1.23 is 38.5% below this benchmark. Historically, Audix's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 1.53 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 2.00, Audix 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. Audix's current Cyclically Adjusted PB Ratio of 1.23 is 38.5% 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 Audix 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. Audix's current Cyclically Adjusted PB Ratio is 1.23, which is near median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Audix stock overvalued right now?
Based on GuruFocus' analysis, Audix (TPE:2459) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$51.66, compared to a current price of NT$65.20 — trading 26.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.23, which is near median its 10-year median of 1.19 and 38.5% below the Hardware industry median of 2.00. Audix's overall GF Score™ is 78/100 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 Audix (TPE:2459), the current Cyclically Adjusted PB Ratio is 1.23 as of Aug. 08, 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 Audix (TPE:2459) Overvalued in 2026?

Based on GuruFocus' analysis, Audix stock appears to be overvalued. The current stock price of NT$65.20 is trading 26.2% above its estimated GF Value™ of NT$51.66. GuruFocus considers Audix to be Modestly Overvalued.

Key valuation signals for TPE:2459:

  • Cyclically Adjusted PB Ratio: 1.23 (near median its 10-year median of 1.19)
  • GF Value™: NT$51.66 vs. price of NT$65.20 (26.2% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 38.5% below the Hardware median (#705 of 1968)

No single metric tells the full story. See the TPE:2459 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Audix Business Description

Address Number. 8, Lane 120, Section 1, Neihu Road, Taipei, TWN
Audix Corp designs, manufactures, and markets electronic components internationally. The company focuses its business on the computer, communication, optical storage products, displays, and power supply industries. It distributes electronic components of various brands to semiconductor and consumer electronics product manufacturers. Company operates in three reportable segments (1) Channel Business: The department is mainly responsible for marketing electronic components. (2) Manufacture Business: The department is responsible for the production of electronic components. (3) Product Certification Business: The department is mainly responsible for services such as electronic product testing and certification.
78GF Score

Get the complete analysis for TPE:2459

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

NT$65.20
Price
NT$51.66
GF Value