Holy Stone Enterprise Co (TPE:3026) Cyclically Adjusted PB Ratio: 8.11 (As of Aug. 09, 2026) — 404% Above Median

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TPE:3026 Holy Stone Enterprise Co Ltd TPE:3026
65 GF Score
Price NT$535.00
GF Value NT$97.30
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Holy Stone Enterprise Co Cyclically Adjusted PB Ratio?

Holy Stone Enterprise Co TPE:3026 -9.78% 65 Cyclically Adjusted PB Ratio is 8.11 as of Aug. 09, 2026, which is 404% above its 10-year median of 1.61. GuruFocus rates TPE:3026 with a GF Score™ of 65/100 and a GF Value™ of NT$97.30 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,967 Hardware companies, Holy Stone Enterprise Co ranks worse than 87.75% on this metric.

As of today (2026-08-09), Holy Stone Enterprise Co's current share price is NT$535.00. Holy Stone Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$65.93. Holy Stone Enterprise Co's Cyclically Adjusted PB Ratio for today is 8.11.

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

TPE:3026' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.61   Max: 15.24
Current: 8.12

During the past years, Holy Stone Enterprise Co's highest Cyclically Adjusted PB Ratio was 15.24. The lowest was 1.20. And the median was 1.61.

TPE:3026's Cyclically Adjusted PB Ratio is ranked worse than
87.75% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs TPE:3026: 8.12

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.

Holy Stone Enterprise Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$58.396. 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$65.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holy Stone Enterprise Co  (TPE:3026) 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.


Holy Stone Enterprise Co Cyclically Adjusted PB Ratio Related Terms


Holy Stone Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Holy Stone Enterprise 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.

Holy Stone Enterprise Co Cyclically Adjusted PB Ratio Chart

Holy Stone Enterprise 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 1.39 1.53 1.33 1.57

Holy Stone Enterprise 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 1.35 1.20 1.48 1.57 2.09

TPE:3026 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Holy Stone Enterprise 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.


Holy Stone Enterprise Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Holy Stone Enterprise Co's Cyclically Adjusted PB Ratio falls into.


TPE:3026
65GF Score
Holy Stone Enterprise Co Ltd TPE:3026
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holy Stone Enterprise 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.

Holy Stone Enterprise Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=535.00/65.93
=8.11

* 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.

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

For example, Holy Stone Enterprise 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)
=58.396/330.2130*330.2130
=58.396

Current CPI (Mar. 2026) = 330.2130.

Holy Stone Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 48.657 241.018 66.664
201609 49.219 241.428 67.319
201612 49.998 241.432 68.384
201703 50.525 243.801 68.433
201706 47.926 244.955 64.607
201709 64.665 246.819 86.514
201712 47.379 246.524 63.463
201803 49.809 249.554 65.908
201806 50.633 251.989 66.351
201809 57.259 252.439 74.900
201812 58.164 251.233 76.449
201903 59.850 254.202 77.746
201906 52.911 256.143 68.212
201909 54.895 256.759 70.599
201912 54.235 256.974 69.692
202003 49.206 258.115 62.950
202006 51.405 257.797 65.845
202009 53.891 260.280 68.371
202012 55.506 260.474 70.367
202103 51.104 264.877 63.710
202106 54.530 271.696 66.274
202109 57.557 274.310 69.287
202112 59.460 278.802 70.424
202203 54.031 287.504 62.057
202206 55.913 296.311 62.310
202209 57.167 296.808 63.601
202212 58.443 296.797 65.023
202303 56.282 301.836 61.573
202306 57.728 305.109 62.478
202309 59.086 307.789 63.391
202312 59.285 306.746 63.820
202403 55.436 312.332 58.610
202406 56.886 314.175 59.790
202409 58.735 315.301 61.513
202412 60.179 315.605 62.964
202503 56.516 319.799 58.356
202506 56.991 322.561 58.343
202509 59.008 324.800 59.991
202512 61.172 324.054 62.335
202603 58.396 330.213 58.396

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 8.11 mean?
Holy Stone Enterprise Co (TPE:3026) has a Cyclically Adjusted PB Ratio of 8.11 as of Aug. 09, 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 Holy Stone Enterprise Co and its competitors. This is 404% above median its historical median of 1.61. Over the past decade, Holy Stone Enterprise Co's Cyclically Adjusted PB Ratio has ranged from 1.20 to 15.24. According to the industry distribution chart, Holy Stone Enterprise Co ranks #1726 out of 1967 companies in the Hardware industry, placing it in the top 87.7%.
Is Holy Stone Enterprise Co's Cyclically Adjusted PB Ratio too high?
Holy Stone Enterprise Co's current Cyclically Adjusted PB Ratio of 8.11 is 404% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 15.24. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Holy Stone Enterprise Co's value of 8.11 is 288% above this industry median. Based on the distribution chart, Holy Stone Enterprise Co ranks #1726 out of 1967 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Holy Stone Enterprise Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Holy Stone Enterprise Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Holy Stone Enterprise Co ranks #1726 out of 1967 companies for Cyclically Adjusted PB Ratio. This places Holy Stone Enterprise Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Holy Stone Enterprise Co's value of 8.11 is 288% above this benchmark. Historically, Holy Stone Enterprise Co's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 15.24 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 2.09, Holy Stone Enterprise 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 2.09, based on 1,967 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. Holy Stone Enterprise Co's current Cyclically Adjusted PB Ratio of 8.11 is 288% 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 Holy Stone Enterprise Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holy Stone Enterprise Co's current Cyclically Adjusted PB Ratio is 8.11, which is 404% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holy Stone Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Holy Stone Enterprise Co (TPE:3026) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$97.30, compared to a current price of NT$535.00 — trading 449.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.11, which is 404% above median its 10-year median of 1.61 and 288% above the Hardware industry median of 2.09. Holy Stone Enterprise Co's overall GF Score™ is 65/100 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 Holy Stone Enterprise Co (TPE:3026), the current Cyclically Adjusted PB Ratio is 8.11 as of Aug. 09, 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 Holy Stone Enterprise Co (TPE:3026) Overvalued in 2026?

Based on GuruFocus' analysis, Holy Stone Enterprise Co stock appears to be overvalued. The current stock price of NT$535.00 is trading 449.8% above its estimated GF Value™ of NT$97.30. GuruFocus considers Holy Stone Enterprise Co to be Significantly Overvalued.

Key valuation signals for TPE:3026:

  • Cyclically Adjusted PB Ratio: 8.11 (404% above median its 10-year median of 1.61)
  • GF Value™: NT$97.30 vs. price of NT$535.00 (449.8% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 288% above the Hardware median (#1726 of 1967)

No single metric tells the full story. See the TPE:3026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Holy Stone Enterprise Co Business Description

Address No. 62, Section 2, Huang Shan Road, 1st Floor, Nei Hu District, Taipei, TWN, 11452
Holy Stone Enterprise Co Ltd is a manufacturer and distributor of capacitors, integrated circuits, modules, and other electronic components. The group has two operating segments: the Electronics department segment is engaged in the development, design, manufacturing, and sales of electronics-related products, and the other department segment does professional investment and the wholesaling of Western medicine and medical equipment. Geographically, the company operates in China, Taiwan, the United States, and Other countries. It derives a majority of its revenue from China.
65GF Score

Get the complete analysis for TPE:3026

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

NT$535.00
Price
NT$97.30
GF Value