Action Electronics Co (TPE:3024) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 06, 2026) — Near Median

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TPE:3024 Action Electronics Co Ltd TPE:3024
84 GF Score
Price NT$12.60
GF Value NT$13.79
Valuation Fairly Valued
! 7 Warning Signs
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What is Action Electronics Co Cyclically Adjusted PB Ratio?

Action Electronics Co TPE:3024 +0.80% 84 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 06, 2026, which is 9% below its 10-year median of 1.18. GuruFocus rates TPE:3024 with a GF Score™ of 84/100 and a GF Value™ of NT$13.79 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,968 Hardware companies, Action Electronics Co ranks better than 70.07% on this metric.

As of today (2026-08-06), Action Electronics Co's current share price is NT$12.60. Action Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$11.78. Action Electronics Co's Cyclically Adjusted PB Ratio for today is 1.07.

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

TPE:3024' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.18   Max: 2.09
Current: 1.01

During the past years, Action Electronics Co's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 0.57. And the median was 1.18.

TPE:3024's Cyclically Adjusted PB Ratio is ranked better than
70.07% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:3024: 1.01

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.

Action Electronics Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$10.945. 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$11.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Action Electronics Co  (TPE:3024) 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.


Action Electronics Co Cyclically Adjusted PB Ratio Related Terms


Action Electronics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Action 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.

Action Electronics Co Cyclically Adjusted PB Ratio Chart

Action 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 1.28 1.20 1.68 1.68 0.97

Action 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 1.40 1.17 1.15 0.97 0.85

TPE:3024 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Action 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.


Action Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:3024
84GF Score
Action Electronics Co Ltd TPE:3024
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Action 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.60/11.78
=1.07

* 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.

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

For example, Action 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)
=10.945/330.2130*330.2130
=10.945

Current CPI (Mar. 2026) = 330.2130.

Action Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.375 241.018 10.104
201609 7.354 241.428 10.058
201612 10.182 241.432 13.926
201703 9.844 243.801 13.333
201706 9.942 244.955 13.402
201709 9.926 246.819 13.280
201712 9.207 246.524 12.333
201803 9.396 249.554 12.433
201806 9.411 251.989 12.332
201809 9.182 252.439 12.011
201812 9.623 251.233 12.648
201903 9.923 254.202 12.890
201906 9.592 256.143 12.366
201909 9.528 256.759 12.254
201912 9.539 256.974 12.258
202003 9.411 258.115 12.040
202006 9.325 257.797 11.944
202009 9.462 260.280 12.004
202012 9.448 260.474 11.978
202103 9.542 264.877 11.896
202106 9.954 271.696 12.098
202109 9.930 274.310 11.954
202112 10.230 278.802 12.116
202203 10.470 287.504 12.025
202206 10.082 296.311 11.236
202209 10.192 296.808 11.339
202212 10.212 296.797 11.362
202303 10.351 301.836 11.324
202306 10.047 305.109 10.874
202309 10.303 307.789 11.054
202312 10.145 306.746 10.921
202403 10.333 312.332 10.925
202406 10.381 314.175 10.911
202409 10.564 315.301 11.064
202412 10.963 315.605 11.470
202503 11.272 319.799 11.639
202506 10.359 322.561 10.605
202509 10.608 324.800 10.785
202512 10.778 324.054 10.983
202603 10.945 330.213 10.945

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 1.07 mean?
Action Electronics Co (TPE:3024) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 06, 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 Action Electronics Co and its competitors. This is near median its historical median of 1.18. Over the past decade, Action Electronics Co's Cyclically Adjusted PB Ratio has ranged from 0.57 to 2.09. According to the industry distribution chart, Action Electronics Co ranks #589 out of 1968 companies in the Hardware industry, placing it in the top 29.9%.
Is Action Electronics Co's Cyclically Adjusted PB Ratio too high?
Action Electronics Co's current Cyclically Adjusted PB Ratio of 1.07 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.09. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Action Electronics Co's value of 1.07 is 46.5% below this industry median. Based on the distribution chart, Action Electronics Co ranks #589 out of 1968 companies in the Hardware industry, which is above the industry midpoint. Overall, Action Electronics Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Action Electronics Co's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Action Electronics Co ranks #589 out of 1968 companies for Cyclically Adjusted PB Ratio. This puts Action Electronics Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Action Electronics Co's value of 1.07 is 46.5% below this benchmark. Historically, Action Electronics Co's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 2.09 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 2.00, Action Electronics 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 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. Action Electronics Co's current Cyclically Adjusted PB Ratio of 1.07 is 46.5% 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 Action 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. Action Electronics Co's current Cyclically Adjusted PB Ratio is 1.07, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Action Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Action Electronics Co (TPE:3024) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.79, compared to a current price of NT$12.60 — trading 8.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is near median its 10-year median of 1.18 and 46.5% below the Hardware industry median of 2.00. Action Electronics Co's overall GF Score™ is 84/100 with 7 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 Action Electronics Co (TPE:3024), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 06, 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 Action Electronics Co (TPE:3024) Overvalued in 2026?

Based on GuruFocus' analysis, Action Electronics Co stock appears to be undervalued. The current stock price of NT$12.60 is trading 8.6% below its estimated GF Value™ of NT$13.79. GuruFocus considers Action Electronics Co to be Fairly Valued.

Key valuation signals for TPE:3024:

  • Cyclically Adjusted PB Ratio: 1.07 (near median its 10-year median of 1.18)
  • GF Value™: NT$13.79 vs. price of NT$12.60 (8.6% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 46.5% below the Hardware median (#589 of 1968)

No single metric tells the full story. See the TPE:3024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Action Electronics Co Business Description

Address No. 423-7 Zhengguang Road, 4th Floor, Taoyuan District, Taoyuan, TWN, 330
Action Electronics Co Ltd is engaged in the trade of audio-visual electronic products, various home appliances, and other related products, housing and building development and rental, etc. The company's products include portable multimedia players, LCD digital TVs, mobile entertainment devices, mobile internet devices, and solar applications. Its operating segments include ACTION ASIA LTD. group (AAL), ALMOND GARDEN CORP. group (AGC) , and Taiwan segment. The company generates a majority of its revenue from the Taiwan segment. Geographically, the company derives maximum revenue from Taiwan, Mainland China, the United States, and other regions.
84GF Score

Get the complete analysis for TPE:3024

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

NT$12.60
Price
NT$13.79
GF Value