E-Lead Electronic Co (TPE:2497) Cyclically Adjusted PB Ratio: 2.58 (As of Aug. 02, 2026) — 10% Below Median

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TPE:2497 E-Lead Electronic Co Ltd TPE:2497
79 GF Score
Price NT$45.75
GF Value NT$71.07
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is E-Lead Electronic Co Cyclically Adjusted PB Ratio?

E-Lead Electronic Co TPE:2497 +2.92% 79 Cyclically Adjusted PB Ratio is 2.58 as of Aug. 02, 2026, which is 10% below its 10-year median of 2.86. GuruFocus rates TPE:2497 with a GF Score™ of 79/100 and a GF Value™ of NT$71.07 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,015 Vehicles & Parts companies, E-Lead Electronic Co ranks worse than 72.32% on this metric.

As of today (2026-08-02), E-Lead Electronic Co's current share price is NT$45.75. E-Lead Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$17.70. E-Lead Electronic Co's Cyclically Adjusted PB Ratio for today is 2.58.

The historical rank and industry rank for E-Lead Electronic Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2497' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 2.86   Max: 6.97
Current: 2.58

During the past years, E-Lead Electronic Co's highest Cyclically Adjusted PB Ratio was 6.97. The lowest was 0.87. And the median was 2.86.

TPE:2497's Cyclically Adjusted PB Ratio is ranked worse than
72.32% of 1015 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs TPE:2497: 2.58

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.

E-Lead Electronic Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$23.649. 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$17.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


E-Lead Electronic Co  (TPE:2497) 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.


E-Lead Electronic Co Cyclically Adjusted PB Ratio Related Terms


E-Lead Electronic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for E-Lead Electronic 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.

E-Lead Electronic Co Cyclically Adjusted PB Ratio Chart

E-Lead Electronic 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 5.17 4.19 3.79 3.43 3.02

E-Lead Electronic 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 2.94 2.32 2.80 3.02 2.66

TPE:2497 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, E-Lead Electronic 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.


E-Lead Electronic Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, E-Lead Electronic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E-Lead Electronic Co's Cyclically Adjusted PB Ratio falls into.


TPE:2497
79GF Score
E-Lead Electronic Co Ltd TPE:2497
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E-Lead Electronic 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.

E-Lead Electronic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.75/17.70
=2.58

* 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.

E-Lead Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, E-Lead Electronic 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)
=23.649/330.2130*330.2130
=23.649

Current CPI (Mar. 2026) = 330.2130.

E-Lead Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.609 241.018 21.386
201609 15.339 241.428 20.980
201612 15.325 241.432 20.960
201703 14.845 243.801 20.107
201706 14.289 244.955 19.262
201709 14.137 246.819 18.914
201712 14.040 246.524 18.806
201803 13.778 249.554 18.231
201806 13.523 251.989 17.721
201809 12.543 252.439 16.407
201812 12.068 251.233 15.862
201903 12.323 254.202 16.008
201906 12.543 256.143 16.170
201909 12.251 256.759 15.756
201912 12.128 256.974 15.585
202003 11.581 258.115 14.816
202006 11.160 257.797 14.295
202009 11.032 260.280 13.996
202012 11.221 260.474 14.225
202103 11.190 264.877 13.950
202106 10.999 271.696 13.368
202109 10.888 274.310 13.107
202112 11.684 278.802 13.839
202203 12.466 287.504 14.318
202206 13.009 296.311 14.497
202209 15.837 296.808 17.619
202212 16.686 296.797 18.565
202303 17.118 301.836 18.727
202306 16.601 305.109 17.967
202309 17.456 307.789 18.728
202312 17.811 306.746 19.174
202403 18.310 312.332 19.358
202406 18.108 314.175 19.032
202409 19.640 315.301 20.569
202412 20.473 315.605 21.421
202503 21.440 319.799 22.138
202506 18.644 322.561 19.086
202509 18.747 324.800 19.059
202512 19.946 324.054 20.325
202603 23.649 330.213 23.649

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 2.58 mean?
E-Lead Electronic Co (TPE:2497) has a Cyclically Adjusted PB Ratio of 2.58 as of Aug. 02, 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 E-Lead Electronic Co and its competitors. This is 10% below median its historical median of 2.86. Over the past decade, E-Lead Electronic Co's Cyclically Adjusted PB Ratio has ranged from 0.87 to 6.97. According to the industry distribution chart, E-Lead Electronic Co ranks #734 out of 1015 companies in the Vehicles & Parts industry, placing it in the top 72.3%.
Is E-Lead Electronic Co's Cyclically Adjusted PB Ratio too high?
E-Lead Electronic Co's current Cyclically Adjusted PB Ratio of 2.58 is 10% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 6.97. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. E-Lead Electronic Co's value of 2.58 is 104.8% above this industry median. Based on the distribution chart, E-Lead Electronic Co ranks #734 out of 1015 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, E-Lead Electronic Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E-Lead Electronic Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, E-Lead Electronic Co ranks #734 out of 1015 companies for Cyclically Adjusted PB Ratio. This places E-Lead Electronic Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. E-Lead Electronic Co's value of 2.58 is 104.8% above this benchmark. Historically, E-Lead Electronic Co's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 6.97 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 1.26, E-Lead Electronic 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,015 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. E-Lead Electronic Co's current Cyclically Adjusted PB Ratio of 2.58 is 104.8% 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 E-Lead Electronic Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Lead Electronic Co's current Cyclically Adjusted PB Ratio is 2.58, which is 10% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Lead Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, E-Lead Electronic Co (TPE:2497) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$71.07, compared to a current price of NT$45.75 — trading 35.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.58, which is 10% below median its 10-year median of 2.86 and 104.8% above the Vehicles & Parts industry median of 1.26. E-Lead Electronic Co's overall GF Score™ is 79/100 with 3 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 E-Lead Electronic Co (TPE:2497), the current Cyclically Adjusted PB Ratio is 2.58 as of Aug. 02, 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 E-Lead Electronic Co (TPE:2497) Overvalued in 2026?

Based on GuruFocus' analysis, E-Lead Electronic Co stock appears to be undervalued. The current stock price of NT$45.75 is trading 35.6% below its estimated GF Value™ of NT$71.07. GuruFocus considers E-Lead Electronic Co to be Significantly Undervalued.

Key valuation signals for TPE:2497:

  • Cyclically Adjusted PB Ratio: 2.58 (10% below median its 10-year median of 2.86)
  • GF Value™: NT$71.07 vs. price of NT$45.75 (35.6% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 104.8% above the Vehicles & Parts median (#734 of 1015)

No single metric tells the full story. See the TPE:2497 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E-Lead Electronic Co Business Description

Address No.37, Gongdong 1st Road, Shengang Township, Xidi Villiage, Changhua County, Changhua, TWN, 509004
E-Lead Electronic Co Ltd manufactures a range of automobile electronic products. The company products line includes displays (HUD), DMS, In-car audio/video navigation consoles, rear seat entertainment systems, reversing cameras, 2D/3D surround view systems, blind spot detection systems, driver-assistance systems (ADAS), wired/wireless chargers for vehicles, automotive air purifier, car recorder, distance vision eye care products, video camera changeover tapes, and others.
79GF Score

Get the complete analysis for TPE:2497

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

NT$45.75
Price
NT$71.07
GF Value