Unimicron Technology (TPE:3037) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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:3037 Unimicron Technology Corp TPE:3037
78 GF Score
Price NT$981.00
GF Value NT$239.98
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Unimicron Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Unimicron Technology  (TPE:3037) 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.


Unimicron Technology Cyclically Adjusted PB Ratio Related Terms


Unimicron Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Unimicron Technology'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.

Unimicron Technology Cyclically Adjusted PB Ratio Chart

Unimicron Technology 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 6.07 2.82 3.82 2.85 4.14

Unimicron Technology 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 2.27 2.97 4.30 8.41 19.66

TPE:3037 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Unimicron Technology'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.


Unimicron Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Unimicron Technology's Cyclically Adjusted PB Ratio falls into.


TPE:3037
78GF Score
Unimicron Technology Corp TPE:3037
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unimicron Technology 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.

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

For example, Unimicron Technology'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)
=80.306/333.9520*333.9520
=80.306

Current CPI (Jun. 2026) = 333.9520.

Unimicron Technology Quarterly Data

Book Value per Share CPI Adj_Book
201609 30.264 241.428 41.862
201612 30.797 241.432 42.599
201703 30.477 243.801 41.747
201706 30.392 244.955 41.434
201709 30.280 246.819 40.970
201712 31.001 246.524 41.995
201803 31.321 249.554 41.914
201806 30.588 251.989 40.537
201809 30.879 252.439 40.850
201812 31.973 251.233 42.500
201903 32.380 254.202 42.538
201906 31.816 256.143 41.481
201909 32.268 256.759 41.969
201912 32.960 256.974 42.833
202003 33.149 258.115 42.889
202006 32.800 257.797 42.489
202009 34.163 260.280 43.833
202012 35.904 260.474 46.032
202103 37.355 264.877 47.096
202106 38.892 271.696 47.804
202109 40.434 274.310 49.225
202112 44.067 278.802 52.784
202203 48.621 287.504 56.476
202206 50.548 296.311 56.969
202209 57.244 296.808 64.408
202212 62.192 296.797 69.978
202303 65.753 301.836 72.749
202306 58.895 305.109 64.463
202309 61.807 307.789 67.061
202312 62.697 306.746 68.258
202403 65.525 312.332 70.061
202406 63.954 314.175 67.980
202409 64.461 315.301 68.274
202412 64.641 315.605 68.399
202503 65.745 319.799 68.655
202506 60.905 322.561 63.056
202509 64.023 324.800 65.827
202512 70.003 324.054 72.141
202603 73.590 330.213 74.423
202606 80.306 333.952 80.306

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.

Is Unimicron Technology (TPE:3037) Overvalued in 2026?

Based on GuruFocus' analysis, Unimicron Technology stock appears to be overvalued. The current stock price of NT$981.00 is trading 308.8% above its estimated GF Value™ of NT$239.98. GuruFocus considers Unimicron Technology to be Significantly Overvalued.

Key valuation signals for TPE:3037:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$239.98 vs. price of NT$981.00 (308.8% above fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the TPE:3037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unimicron Technology Business Description

Address No. 179, Shanying Road, Guishan District, Taoyuan, TWN
Unimicron Technology Corporation is engaged in the manufacturing, processing, and sales of printed circuit boards, electrical equipment, electronic products, and testing and burn-in systems for integrated circuit products. The company is based in Taiwan and earns its revenue in the Asia region, but also has operations in America and domestically within Taiwan. Its operating segments consist of the regions of Taiwan and Mainland China. It derives revenue from the transfer of goods and services.
78GF Score

Get the complete analysis for TPE:3037

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

NT$981.00
Price
NT$239.98
GF Value