Ahoku Electronic Co (TPE:3002) Cyclically Adjusted PB Ratio: 1.13 (As of Sep. 14, 2026) — 24% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:3002 Ahoku Electronic Co TPE:3002
66 GF Score
Price NT$16.80
GF Value NT$19.31
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ahoku Electronic Co Cyclically Adjusted PB Ratio?

Ahoku Electronic Co TPE:3002 -1.47% 66 Cyclically Adjusted PB Ratio is 1.13 as of Sep. 14, 2026, which is 24% above its 10-year median of 0.91. GuruFocus rates TPE:3002 with a GF Score™ of 66/100 and a GF Value™ of NT$19.31 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,099 Industrial Products companies, Ahoku Electronic Co ranks better than 70.03% on this metric.

As of today (2026-09-14), Ahoku Electronic Co's current share price is NT$16.80. Ahoku Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$14.82. Ahoku Electronic Co's Cyclically Adjusted PB Ratio for today is 1.13.

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

TPE:3002' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.91   Max: 1.98
Current: 1.15

During the past years, Ahoku Electronic Co's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.65. And the median was 0.91.

TPE:3002's Cyclically Adjusted PB Ratio is ranked better than
70.03% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs TPE:3002: 1.15

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.

Ahoku Electronic Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$12.603. 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$14.82 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ahoku Electronic Co  (TPE:3002) 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.


Ahoku Electronic Co Cyclically Adjusted PB Ratio Related Terms


Ahoku Electronic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ahoku 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.

Ahoku Electronic Co Cyclically Adjusted PB Ratio Chart

Ahoku 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 0.92 0.76 0.93 0.99 1.71

Ahoku Electronic 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 0.92 1.11 1.71 1.24 1.44

TPE:3002 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ahoku 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.


Ahoku Electronic Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ahoku Electronic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:3002
66GF Score
Ahoku Electronic Co TPE:3002
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ahoku 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.

Ahoku Electronic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.80/14.82
=1.13

* 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.

Ahoku Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ahoku Electronic 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)
=12.603/333.9520*333.9520
=12.603

Current CPI (Jun. 2026) = 333.9520.

Ahoku Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.447 241.428 17.217
201612 12.699 241.432 17.565
201703 12.366 243.801 16.939
201706 12.249 244.955 16.699
201709 12.542 246.819 16.970
201712 12.490 246.524 16.919
201803 11.871 249.554 15.886
201806 12.003 251.989 15.907
201809 11.926 252.439 15.777
201812 11.969 251.233 15.910
201903 12.463 254.202 16.373
201906 12.654 256.143 16.498
201909 12.728 256.759 16.555
201912 12.511 256.974 16.259
202003 12.125 258.115 15.687
202006 11.875 257.797 15.383
202009 12.079 260.280 15.498
202012 12.197 260.474 15.638
202103 12.119 264.877 15.279
202106 11.772 271.696 14.469
202109 11.651 274.310 14.184
202112 11.620 278.802 13.919
202203 11.722 287.504 13.616
202206 11.703 296.311 13.190
202209 12.260 296.808 13.794
202212 12.261 296.797 13.796
202303 12.053 301.836 13.335
202306 12.202 305.109 13.355
202309 12.859 307.789 13.952
202312 12.439 306.746 13.542
202403 13.150 312.332 14.060
202406 13.133 314.175 13.960
202409 12.960 315.301 13.727
202412 13.369 315.605 14.146
202503 13.666 319.799 14.271
202506 11.283 322.561 11.681
202509 12.059 324.800 12.399
202512 12.603 324.054 12.988
202603 12.527 330.213 12.669
202606 12.603 333.952 12.603

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 1.13 mean?
Ahoku Electronic Co (TPE:3002) has a Cyclically Adjusted PB Ratio of 1.13 as of Sep. 14, 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 Ahoku Electronic Co and its competitors. This is 24% above median its historical median of 0.91. Over the past decade, Ahoku Electronic Co's Cyclically Adjusted PB Ratio has ranged from 0.65 to 1.98. According to the industry distribution chart, Ahoku Electronic Co ranks #629 out of 2099 companies in the Industrial Products industry, placing it in the top 30%.
Is Ahoku Electronic Co's Cyclically Adjusted PB Ratio too high?
Ahoku Electronic Co's current Cyclically Adjusted PB Ratio of 1.13 is 24% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.98. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Ahoku Electronic Co's value of 1.13 is 45.7% below this industry median. Based on the distribution chart, Ahoku Electronic Co ranks #629 out of 2099 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ahoku Electronic Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ahoku Electronic Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ahoku Electronic Co ranks #629 out of 2099 companies for Cyclically Adjusted PB Ratio. This puts Ahoku Electronic Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Ahoku Electronic Co's value of 1.13 is 45.7% below this benchmark. Historically, Ahoku Electronic Co's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 1.98 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 2.08, Ahoku Electronic Co 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Ahoku Electronic Co's current Cyclically Adjusted PB Ratio of 1.13 is 45.7% 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 Ahoku Electronic Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ahoku Electronic Co's current Cyclically Adjusted PB Ratio is 1.13, which is 24% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahoku Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Ahoku Electronic Co (TPE:3002) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.31, compared to a current price of NT$16.80 — trading 13% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.13, which is 24% above median its 10-year median of 0.91 and 45.7% below the Industrial Products industry median of 2.08. Ahoku Electronic Co's overall GF Score™ is 66/100 with 5 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 Ahoku Electronic Co (TPE:3002), the current Cyclically Adjusted PB Ratio is 1.13 as of Sep. 14, 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 Ahoku Electronic Co (TPE:3002) Overvalued in 2026?

Based on GuruFocus' analysis, Ahoku Electronic Co stock appears to be undervalued. The current stock price of NT$16.80 is trading 13% below its estimated GF Value™ of NT$19.31. GuruFocus considers Ahoku Electronic Co to be Modestly Undervalued.

Key valuation signals for TPE:3002:

  • Cyclically Adjusted PB Ratio: 1.13 (24% above median its 10-year median of 0.91)
  • GF Value™: NT$19.31 vs. price of NT$16.80 (13% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 45.7% below the Industrial Products median (#629 of 2099)

No single metric tells the full story. See the TPE:3002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ahoku Electronic Co Business Description

Address Section 1, No.88, Neihu Road, 5th Floor, Neihu District, Taipei, TWN, 114
Ahoku Electronic Co is a manufacturer of power-related products. The company focuses on electronic and power technology by providing product ranges from Patented Travel Adapter, Voltage Converter/USB Charger/ Surge Protector/ Rack Mount PDU to Smart Power Distribution Unit. The company has reportable segments based on the type of products it offers which include Smart Power Management Devices, Circuit Protection Components, Touch Display and Peripherals of Arcade Games, and Design and Others. The maximum revenue for the company is generated from its Touch Display and Peripherals of Arcade Games segment which is mainly engaged in the trading and import and export of touch display and peripherals of arcade games. Geographically, its key revenue is derived from Taiwan and the rest from China.
66GF Score

Get the complete analysis for TPE:3002

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

NT$16.80
Price
NT$19.31
GF Value