Siward Crystal Technology Co (TPE:2484) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:2484 Siward Crystal Technology Co Ltd TPE:2484
52 GF Score
Price NT$75.00
GF Value NT$27.16
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Siward Crystal Technology Co Cyclically Adjusted PB Ratio?

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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.82 0.89 0.82 1.14 0.00

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Siward Crystal Technology Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=25.751/333.9520*333.9520
=25.751

Current CPI (Jun. 2026) = 333.9520.

Siward Crystal Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.055 241.428 24.974
201612 18.482 241.432 25.565
201703 18.345 243.801 25.128
201706 17.499 244.955 23.857
201709 17.984 246.819 24.333
201712 18.253 246.524 24.726
201803 18.491 249.554 24.745
201806 18.306 251.989 24.260
201809 18.627 252.439 24.642
201812 19.242 251.233 25.577
201903 19.623 254.202 25.779
201906 18.221 256.143 23.756
201909 18.442 256.759 23.986
201912 18.395 256.974 23.905
202003 18.098 258.115 23.415
202006 17.843 257.797 23.114
202009 18.717 260.280 24.015
202012 19.648 260.474 25.191
202103 21.493 264.877 27.098
202106 21.869 271.696 26.880
202109 22.575 274.310 27.483
202112 25.076 278.802 30.036
202203 25.275 287.504 29.358
202206 23.619 296.311 26.619
202209 25.169 296.808 28.319
202212 25.695 296.797 28.912
202303 25.756 301.836 28.496
202306 23.956 305.109 26.221
202309 24.131 307.789 26.182
202312 25.613 306.746 27.885
202403 25.615 312.332 27.388
202406 23.081 314.175 24.534
202409 23.324 315.301 24.704
202412 23.264 315.605 24.616
202503 23.436 319.799 24.473
202506 22.603 322.561 23.401
202509 23.265 324.800 23.921
202512 23.656 324.054 24.379
202603 25.715 330.213 26.006
202606 25.751 333.952 25.751

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.

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$75.00 is trading 176.1% above its estimated GF Value™ of NT$27.16. GuruFocus considers Siward Crystal Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:2484:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$27.16 vs. price of NT$75.00 (176.1% above fair value)
  • GF Score™: 52/100 with 4 warning signs

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$75.00
Price
NT$27.16
GF Value