Siward Crystal Technology Co (TPE:2484) Cyclically Adjusted PB Ratio: 2.79 (As of Aug. 05, 2026) — 110% Above Median

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TPE:2484 Siward Crystal Technology Co Ltd TPE:2484
52 GF Score
Price NT$70.50
GF Value NT$27.26
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Siward Crystal Technology Co Cyclically Adjusted PB Ratio?

Siward Crystal Technology Co TPE:2484 +0.86% 52 Cyclically Adjusted PB Ratio is 2.79 as of Aug. 05, 2026, which is 110% above its 10-year median of 1.33. GuruFocus rates TPE:2484 with a GF Score™ of 52/100 and a GF Value™ of NT$27.26 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,968 Hardware companies, Siward Crystal Technology Co ranks worse than 55.08% on this metric.

As of today (2026-08-05), Siward Crystal Technology Co's current share price is NT$70.50. Siward Crystal Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$25.28. Siward Crystal Technology Co's Cyclically Adjusted PB Ratio for today is 2.79.

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

TPE:2484' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.33   Max: 3.81
Current: 2.28

During the past years, Siward Crystal Technology Co's highest Cyclically Adjusted PB Ratio was 3.81. The lowest was 0.79. And the median was 1.33.

TPE:2484's Cyclically Adjusted PB Ratio is ranked worse than
55.08% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:2484: 2.28

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.

Siward Crystal Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$25.715. 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$25.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siward Crystal Technology Co  (TPE:2484) 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.


Siward Crystal Technology Co Cyclically Adjusted PB Ratio Related Terms


Siward Crystal Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Siward Crystal Technology 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.

Siward Crystal Technology Co Cyclically Adjusted PB Ratio Chart

Siward Crystal Technology 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 1.90 1.51 1.41 1.07 0.82

Siward Crystal Technology Co 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 0.94 0.82 0.89 0.82 1.14

TPE:2484 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Siward Crystal Technology 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.


Siward Crystal Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Siward Crystal Technology Co's Cyclically Adjusted PB Ratio falls into.


TPE:2484
52GF Score
Siward Crystal Technology Co Ltd TPE:2484
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siward Crystal Technology 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.

Siward Crystal Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.50/25.28
=2.79

* 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.

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

For example, Siward Crystal Technology Co'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)
=25.715/330.2130*330.2130
=25.715

Current CPI (Mar. 2026) = 330.2130.

Siward Crystal Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.847 241.018 24.452
201609 18.055 241.428 24.695
201612 18.482 241.432 25.278
201703 18.345 243.801 24.847
201706 17.499 244.955 23.590
201709 17.984 246.819 24.060
201712 18.253 246.524 24.449
201803 18.491 249.554 24.468
201806 18.306 251.989 23.989
201809 18.627 252.439 24.366
201812 19.242 251.233 25.291
201903 19.623 254.202 25.491
201906 18.221 256.143 23.490
201909 18.442 256.759 23.718
201912 18.395 256.974 23.638
202003 18.098 258.115 23.153
202006 17.843 257.797 22.855
202009 18.717 260.280 23.746
202012 19.648 260.474 24.909
202103 21.493 264.877 26.795
202106 21.869 271.696 26.579
202109 22.575 274.310 27.176
202112 25.076 278.802 29.700
202203 25.275 287.504 29.030
202206 23.619 296.311 26.321
202209 25.169 296.808 28.002
202212 25.695 296.797 28.588
202303 25.756 301.836 28.177
202306 23.956 305.109 25.927
202309 24.131 307.789 25.889
202312 25.613 306.746 27.572
202403 25.615 312.332 27.081
202406 23.081 314.175 24.259
202409 23.324 315.301 24.427
202412 23.264 315.605 24.341
202503 23.436 319.799 24.199
202506 22.603 322.561 23.139
202509 23.265 324.800 23.653
202512 23.656 324.054 24.106
202603 25.715 330.213 25.715

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 2.79 mean?
Siward Crystal Technology Co (TPE:2484) has a Cyclically Adjusted PB Ratio of 2.79 as of Aug. 05, 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 Siward Crystal Technology Co and its competitors. This is 110% above median its historical median of 1.33. Over the past decade, Siward Crystal Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.79 to 3.81. According to the industry distribution chart, Siward Crystal Technology Co ranks #1084 out of 1968 companies in the Hardware industry, placing it in the top 55.1%.
Is Siward Crystal Technology Co's Cyclically Adjusted PB Ratio too high?
Siward Crystal Technology Co's current Cyclically Adjusted PB Ratio of 2.79 is 110% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.81. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Siward Crystal Technology Co's value of 2.79 is 39.5% above this industry median. Based on the distribution chart, Siward Crystal Technology Co ranks #1084 out of 1968 companies in the Hardware industry, which is below the industry midpoint. Overall, Siward Crystal Technology Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siward Crystal Technology Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Siward Crystal Technology Co ranks #1084 out of 1968 companies for Cyclically Adjusted PB Ratio. This places Siward Crystal Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Siward Crystal Technology Co's value of 2.79 is 39.5% above this benchmark. Historically, Siward Crystal Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 3.81 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 2.00, Siward Crystal Technology Co 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 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. Siward Crystal Technology Co's current Cyclically Adjusted PB Ratio of 2.79 is 39.5% 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 Siward Crystal Technology 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. Siward Crystal Technology Co's current Cyclically Adjusted PB Ratio is 2.79, which is 110% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siward Crystal Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Siward Crystal Technology Co (TPE:2484) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.26, compared to a current price of NT$70.50 — trading 158.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.79, which is 110% above median its 10-year median of 1.33 and 39.5% above the Hardware industry median of 2.00. Siward Crystal Technology Co's overall GF Score™ is 52/100 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 Siward Crystal Technology Co (TPE:2484), the current Cyclically Adjusted PB Ratio is 2.79 as of Aug. 05, 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 Siward Crystal Technology Co (TPE:2484) Overvalued in 2026?

Based on GuruFocus' analysis, Siward Crystal Technology Co stock appears to be overvalued. The current stock price of NT$70.50 is trading 158.6% above its estimated GF Value™ of NT$27.26. GuruFocus considers Siward Crystal Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:2484:

  • Cyclically Adjusted PB Ratio: 2.79 (110% above median its 10-year median of 1.33)
  • GF Value™: NT$27.26 vs. price of NT$70.50 (158.6% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 39.5% above the Hardware median (#1084 of 1968)

No single metric tells the full story. See the TPE:2484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Siward Crystal Technology Co Business Description

Address Zhongshan Road, Lane 111, No. 11-1, Section 3, Tanzi District, Taichung, TWN, 42756
Siward Crystal Technology Co Ltd operates as a manufacturer in the crystals and oscillators industry. It is engaged in the research and development, design, production, and sales of quartz frequency control components. The company's product line includes artificial crystals, quartz chips, SAW WAFER, as well as quartz crystals, crystal oscillators, crystal filters, temperature compensation, and voltage control products etc., with a sound supply chain system to provide customers with a full range of services. The company's reportable segments include Siward Taiwan, Siward Japan, Apex Optech Corporation, and others. It generates maximum revenue from the Siward Taiwan segment.
52GF Score

Get the complete analysis for TPE:2484

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

NT$70.50
Price
NT$27.26
GF Value