Ali (TPE:3041) Cyclically Adjusted PB Ratio: 0.58 (As of Jul. 30, 2026) — 27% Below 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:3041 Ali Corp TPE:3041
49 GF Score
Price NT$20.15
GF Value NT$18.48
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Ali Cyclically Adjusted PB Ratio?

Ali TPE:3041 -1.95% 49 Cyclically Adjusted PB Ratio is 0.58 as of Jul. 30, 2026, which is 27% below its 10-year median of 0.79. GuruFocus rates TPE:3041 with a GF Score™ of 49/100 and a GF Value™ of NT$18.48 (Fairly Valued). The stock has 9 warning signs investors should review. Among 733 Semiconductors companies, Ali ranks better than 87.18% on this metric.

As of today (2026-07-30), Ali's current share price is NT$20.15. Ali's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$34.49. Ali's Cyclically Adjusted PB Ratio for today is 0.58.

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

TPE:3041' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.79   Max: 1.51
Current: 0.69

During the past years, Ali's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.43. And the median was 0.79.

TPE:3041's Cyclically Adjusted PB Ratio is ranked better than
87.18% of 733 companies
in the Semiconductors industry
Industry Median: 3.11 vs TPE:3041: 0.69

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.

Ali's adjusted book value per share data for the three months ended in Dec. 2025 was NT$10.026. 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$34.49 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ali  (TPE:3041) 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.


Ali Cyclically Adjusted PB Ratio Related Terms


Ali Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ali'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.

Ali Cyclically Adjusted PB Ratio Chart

Ali 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 1.51 0.75 1.20 0.97 0.69

Ali Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.97 0.72 0.69 0.78 0.69

TPE:3041 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Ali'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.


Ali Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:3041
49GF Score
Ali Corp TPE:3041
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ali 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.

Ali's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.15/34.49
=0.58

* 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.

Ali's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Ali's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=10.026/324.0540*324.0540
=10.026

Current CPI (Dec. 2025) = 324.0540.

Ali Quarterly Data

Book Value per Share CPI Adj_Book
201603 47.559 238.132 64.719
201606 46.773 241.018 62.887
201609 45.524 241.428 61.104
201612 43.039 241.432 57.768
201703 41.199 243.801 54.761
201706 40.109 244.955 53.061
201709 39.365 246.819 51.683
201712 38.979 246.524 51.238
201803 38.197 249.554 49.600
201806 36.614 251.989 47.085
201809 34.656 252.439 44.488
201812 32.176 251.233 41.502
201903 31.710 254.202 40.424
201906 30.629 256.143 38.750
201909 29.952 256.759 37.802
201912 29.291 256.974 36.937
202003 29.048 258.115 36.469
202006 28.387 257.797 35.683
202009 27.640 260.280 34.412
202012 27.238 260.474 33.887
202103 26.820 264.877 32.812
202106 26.691 271.696 31.835
202109 26.876 274.310 31.750
202112 27.112 278.802 31.513
202203 27.254 287.504 30.719
202206 28.231 296.311 30.874
202209 28.209 296.808 30.798
202212 28.161 296.797 30.747
202303 27.167 301.836 29.167
202306 24.625 305.109 26.154
202309 22.694 307.789 23.893
202312 16.562 306.746 17.497
202403 12.726 312.332 13.204
202406 12.299 314.175 12.686
202409 12.016 315.301 12.350
202412 14.146 315.605 14.525
202503 11.151 319.799 11.299
202506 12.048 322.561 12.104
202509 11.482 324.800 11.456
202512 10.026 324.054 10.026

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 0.58 mean?
Ali (TPE:3041) has a Cyclically Adjusted PB Ratio of 0.58 as of Jul. 30, 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 Ali and its competitors. This is 27% below median its historical median of 0.79. Over the past decade, Ali's Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.51. According to the industry distribution chart, Ali ranks #94 out of 733 companies in the Semiconductors industry, placing it in the top 12.8%.
Is Ali's Cyclically Adjusted PB Ratio too high?
Ali's current Cyclically Adjusted PB Ratio of 0.58 is 27% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.51. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.11. Ali's value of 0.58 is 81.4% below this industry median. Based on the distribution chart, Ali ranks #94 out of 733 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Ali has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ali's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Ali ranks #94 out of 733 companies for Cyclically Adjusted PB Ratio. This places Ali in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.11. Ali's value of 0.58 is 81.4% below this benchmark. Historically, Ali's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.51 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 3.11, Ali 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.11, based on 733 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. Ali's current Cyclically Adjusted PB Ratio of 0.58 is 81.4% 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 Ali and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ali's current Cyclically Adjusted PB Ratio is 0.58, which is 27% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ali stock overvalued right now?
Based on GuruFocus' analysis, Ali (TPE:3041) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.48, compared to a current price of NT$20.15 — trading 9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is 27% below median its 10-year median of 0.79 and 81.4% below the Semiconductors industry median of 3.11. Ali's overall GF Score™ is 49/100 with 9 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 Ali (TPE:3041), the current Cyclically Adjusted PB Ratio is 0.58 as of Jul. 30, 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 Ali (TPE:3041) Overvalued in 2026?

Based on GuruFocus' analysis, Ali stock appears to be overvalued. The current stock price of NT$20.15 is trading 9% above its estimated GF Value™ of NT$18.48. GuruFocus considers Ali to be Fairly Valued.

Key valuation signals for TPE:3041:

  • Cyclically Adjusted PB Ratio: 0.58 (27% below median its 10-year median of 0.79)
  • GF Value™: NT$18.48 vs. price of NT$20.15 (9% above fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 81.4% below the Semiconductors median (#94 of 733)

No single metric tells the full story. See the TPE:3041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ali Business Description

Address No. 246 Neihu Road, 5th Floor, Section 1, Taipei, TWN, 114
Ali Corp operates in the semiconductor industry. The company is mainly engaged in the research, development, design, and sales of chipsets for consumer electronic products and the provision of design and intellectual property rights services for the aforementioned integrated circuits. The majority of its revenue is derived from the sale of goods. Geographically, it operates in Hong Kong, Mainland China, Korea, Taiwan, France, Singapore, and Others, out of which the majority is from Hong Kong.
49GF Score

Get the complete analysis for TPE:3041

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

NT$20.15
Price
NT$18.48
GF Value