Sinbon Electronics Co (TPE:3023) Cyclically Adjusted PB Ratio: 6.07 (As of Aug. 04, 2026) — 13% Below Median

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TPE:3023 Sinbon Electronics Co Ltd TPE:3023
91 GF Score
Price NT$299.50
GF Value NT$280.91
Valuation Fairly Valued
! 4 Warning Signs
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What is Sinbon Electronics Co Cyclically Adjusted PB Ratio?

Sinbon Electronics Co TPE:3023 91 Cyclically Adjusted PB Ratio is 6.07 as of Aug. 04, 2026, which is 13% below its 10-year median of 6.99. GuruFocus rates TPE:3023 with a GF Score™ of 91/100 and a GF Value™ of NT$280.91 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,972 Hardware companies, Sinbon Electronics Co ranks worse than 83.32% on this metric.

As of today (2026-08-04), Sinbon Electronics Co's current share price is NT$299.50. Sinbon Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$49.36. Sinbon Electronics Co's Cyclically Adjusted PB Ratio for today is 6.07.

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

TPE:3023' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.49   Med: 6.99   Max: 10.35
Current: 5.77

During the past years, Sinbon Electronics Co's highest Cyclically Adjusted PB Ratio was 10.35. The lowest was 3.49. And the median was 6.99.

TPE:3023's Cyclically Adjusted PB Ratio is ranked worse than
83.32% of 1972 companies
in the Hardware industry
Industry Median: 2 vs TPE:3023: 5.77

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.

Sinbon Electronics Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$72.943. 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$49.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinbon Electronics Co  (TPE:3023) 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.


Sinbon Electronics Co Cyclically Adjusted PB Ratio Related Terms


Sinbon Electronics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sinbon Electronics 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.

Sinbon Electronics Co Cyclically Adjusted PB Ratio Chart

Sinbon Electronics 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 9.38 7.90 7.67 6.05 4.05

Sinbon Electronics 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 5.69 4.77 4.91 4.05 5.08

TPE:3023 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Sinbon Electronics 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.


Sinbon Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:3023
91GF Score
Sinbon Electronics Co Ltd TPE:3023
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinbon Electronics 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.

Sinbon Electronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=299.50/49.36
=6.07

* 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.

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

For example, Sinbon Electronics 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)
=72.943/330.2130*330.2130
=72.943

Current CPI (Mar. 2026) = 330.2130.

Sinbon Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.801 241.018 32.609
201609 24.510 241.428 33.524
201612 25.523 241.432 34.908
201703 25.685 243.801 34.789
201706 23.847 244.955 32.147
201709 25.801 246.819 34.519
201712 26.993 246.524 36.156
201803 28.000 249.554 37.050
201806 26.182 251.989 34.310
201809 27.735 252.439 36.280
201812 29.118 251.233 38.272
201903 31.895 254.202 41.432
201906 29.191 256.143 37.632
201909 31.772 256.759 40.861
201912 32.330 256.974 41.544
202003 34.256 258.115 43.825
202006 31.076 257.797 39.805
202009 34.767 260.280 44.108
202012 39.328 260.474 49.858
202103 42.147 264.877 52.543
202106 38.752 271.696 47.098
202109 41.565 274.310 50.036
202112 44.382 278.802 52.566
202203 48.866 287.504 56.125
202206 44.843 296.311 49.974
202209 49.747 296.808 55.346
202212 53.400 296.797 59.412
202303 57.445 301.836 62.846
202306 50.867 305.109 55.052
202309 56.007 307.789 60.087
202312 57.358 306.746 61.746
202403 62.061 312.332 65.614
202406 56.563 314.175 59.450
202409 60.715 315.301 63.586
202412 63.651 315.605 66.597
202503 68.401 319.799 70.628
202506 56.970 322.561 58.321
202509 61.177 324.800 62.197
202512 67.509 324.054 68.792
202603 72.943 330.213 72.943

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 6.07 mean?
Sinbon Electronics Co (TPE:3023) has a Cyclically Adjusted PB Ratio of 6.07 as of Aug. 04, 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 Sinbon Electronics Co and its competitors. This is 13% below median its historical median of 6.99. Over the past decade, Sinbon Electronics Co's Cyclically Adjusted PB Ratio has ranged from 3.49 to 10.35. According to the industry distribution chart, Sinbon Electronics Co ranks #1643 out of 1972 companies in the Hardware industry, placing it in the top 83.3%.
Is Sinbon Electronics Co's Cyclically Adjusted PB Ratio too high?
Sinbon Electronics Co's current Cyclically Adjusted PB Ratio of 6.07 is 13% below median its 10-year median of 6.99. Over the past 10 years, this metric has ranged from a low of 3.49 to a high of 10.35. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Sinbon Electronics Co's value of 6.07 is 203.5% above this industry median. Based on the distribution chart, Sinbon Electronics Co ranks #1643 out of 1972 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Sinbon Electronics Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinbon Electronics Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Sinbon Electronics Co ranks #1643 out of 1972 companies for Cyclically Adjusted PB Ratio. This places Sinbon Electronics Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Sinbon Electronics Co's value of 6.07 is 203.5% above this benchmark. Historically, Sinbon Electronics Co's own Cyclically Adjusted PB Ratio has ranged from 3.49 to 10.35 over the past decade. While the company's 10-year median is 6.99 vs. the industry median of 2.00, Sinbon Electronics 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 1,972 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. Sinbon Electronics Co's current Cyclically Adjusted PB Ratio of 6.07 is 203.5% 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 Sinbon Electronics 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. Sinbon Electronics Co's current Cyclically Adjusted PB Ratio is 6.07, which is 13% below median its own 10-year median of 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinbon Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sinbon Electronics Co (TPE:3023) is currently considered Fairly Valued. The stock's GF Value™ is NT$280.91, compared to a current price of NT$299.50 — trading 6.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.07, which is 13% below median its 10-year median of 6.99 and 203.5% above the Hardware industry median of 2.00. Sinbon Electronics Co's overall GF Score™ is 91/100 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 Sinbon Electronics Co (TPE:3023), the current Cyclically Adjusted PB Ratio is 6.07 as of Aug. 04, 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 Sinbon Electronics Co (TPE:3023) Overvalued in 2026?

Based on GuruFocus' analysis, Sinbon Electronics Co stock appears to be overvalued. The current stock price of NT$299.50 is trading 6.6% above its estimated GF Value™ of NT$280.91. GuruFocus considers Sinbon Electronics Co to be Fairly Valued.

Key valuation signals for TPE:3023:

  • Cyclically Adjusted PB Ratio: 6.07 (13% below median its 10-year median of 6.99)
  • GF Value™: NT$280.91 vs. price of NT$299.50 (6.6% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 203.5% above the Hardware median (#1643 of 1972)

No single metric tells the full story. See the TPE:3023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinbon Electronics Co Business Description

Address No. 582, Kuo-Hwa Road, Miaoli, TWN, 360
Sinbon Electronics Co Ltd is engaged in the design, development, manufacturing, and sale of cable assemblies, connectors, and related electronic components, along with integration services such as printed circuit boards and system solutions. The company has five reportable segments. The Green Energy segment, which focuses on cable assemblies and control modules for solar and wind power. The Industrial Application segment provides control and connection cable assemblies for industrial equipment. The Medical Health segment manufactures cables for medical devices. The Automotive & Aviation segment offers EV charging and automotive cable solutions. The Communication segment supplies cables for smartphones, wearables, and VR/AR devices.
91GF Score

Get the complete analysis for TPE:3023

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

NT$299.50
Price
NT$280.91
GF Value