Tripod Technology (TPE:3044) Cyclically Adjusted PB Ratio: 4.32 (As of Jul. 31, 2026) — 100% Above Median

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TPE:3044 Tripod Technology Corp TPE:3044
89 GF Score
Price NT$369.00
GF Value NT$290.27
Valuation Modestly Overvalued
View Full Analysis

What is Tripod Technology Cyclically Adjusted PB Ratio?

Tripod Technology TPE:3044 +7.89% 89 Cyclically Adjusted PB Ratio is 4.32 as of Jul. 31, 2026, which is 100% above its 10-year median of 2.16. GuruFocus rates TPE:3044 with a GF Score™ of 89/100 and a GF Value™ of NT$290.27 (Modestly Overvalued). Among 1,974 Hardware companies, Tripod Technology ranks worse than 77.71% on this metric.

As of today (2026-07-31), Tripod Technology's current share price is NT$369.00. Tripod Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$85.43. Tripod Technology's Cyclically Adjusted PB Ratio for today is 4.32.

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

TPE:3044' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.16   Max: 6.71
Current: 4.6

During the past years, Tripod Technology's highest Cyclically Adjusted PB Ratio was 6.71. The lowest was 1.24. And the median was 2.16.

TPE:3044's Cyclically Adjusted PB Ratio is ranked worse than
77.71% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs TPE:3044: 4.60

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.

Tripod Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$110.923. 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$85.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tripod Technology  (TPE:3044) 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.


Tripod Technology Cyclically Adjusted PB Ratio Related Terms


Tripod Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tripod 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.

Tripod Technology Cyclically Adjusted PB Ratio Chart

Tripod 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 1.94 1.34 2.62 2.51 3.82

Tripod Technology 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 2.43 3.03 3.64 3.82 3.96

TPE:3044 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Tripod 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.


Tripod Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:3044
89GF Score
Tripod Technology Corp TPE:3044
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tripod 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.

Tripod Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=369.00/85.43
=4.32

* 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.

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

For example, Tripod Technology'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)
=110.923/330.2130*330.2130
=110.923

Current CPI (Mar. 2026) = 330.2130.

Tripod Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 53.979 241.018 73.955
201609 54.030 241.428 73.899
201612 56.251 241.432 76.936
201703 54.704 243.801 74.093
201706 53.284 244.955 71.830
201709 56.306 246.819 75.330
201712 58.405 246.524 78.232
201803 60.486 249.554 80.036
201806 57.159 251.989 74.903
201809 58.642 252.439 76.709
201812 61.683 251.233 81.074
201903 65.153 254.202 84.635
201906 61.036 256.143 78.686
201909 62.705 256.759 80.644
201912 64.956 256.974 83.469
202003 66.436 258.115 84.993
202006 60.543 257.797 77.550
202009 65.302 260.280 82.848
202012 68.593 260.474 86.958
202103 72.147 264.877 89.943
202106 66.484 271.696 80.803
202109 69.562 274.310 83.738
202112 72.893 278.802 86.334
202203 78.425 287.504 90.075
202206 73.533 296.311 81.946
202209 78.188 296.808 86.988
202212 80.217 296.797 89.249
202303 81.905 301.836 89.605
202306 75.437 305.109 81.644
202309 82.149 307.789 88.134
202312 82.847 306.746 89.185
202403 89.009 312.332 94.105
202406 86.284 314.175 90.689
202409 89.807 315.301 94.054
202412 95.692 315.605 100.121
202503 101.640 319.799 104.950
202506 85.081 322.561 87.099
202509 94.350 324.800 95.922
202512 102.898 324.054 104.854
202603 110.923 330.213 110.923

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 4.32 mean?
Tripod Technology (TPE:3044) has a Cyclically Adjusted PB Ratio of 4.32 as of Jul. 31, 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 Tripod Technology and its competitors. This is 100% above median its historical median of 2.16. Over the past decade, Tripod Technology's Cyclically Adjusted PB Ratio has ranged from 1.24 to 6.71. According to the industry distribution chart, Tripod Technology ranks #1534 out of 1974 companies in the Hardware industry, placing it in the top 77.7%.
Is Tripod Technology's Cyclically Adjusted PB Ratio too high?
Tripod Technology's current Cyclically Adjusted PB Ratio of 4.32 is 100% above median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 6.71. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. Tripod Technology's value of 4.32 is 117.1% above this industry median. Based on the distribution chart, Tripod Technology ranks #1534 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tripod Technology has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tripod Technology's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Tripod Technology ranks #1534 out of 1974 companies for Cyclically Adjusted PB Ratio. This places Tripod Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. Tripod Technology's value of 4.32 is 117.1% above this benchmark. Historically, Tripod Technology's own Cyclically Adjusted PB Ratio has ranged from 1.24 to 6.71 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 1.99, Tripod Technology 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 1.99, based on 1,974 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. Tripod Technology's current Cyclically Adjusted PB Ratio of 4.32 is 117.1% 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 Tripod Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tripod Technology's current Cyclically Adjusted PB Ratio is 4.32, which is 100% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tripod Technology stock overvalued right now?
Based on GuruFocus' analysis, Tripod Technology (TPE:3044) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$290.27, compared to a current price of NT$369.00 — trading 27.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.32, which is 100% above median its 10-year median of 2.16 and 117.1% above the Hardware industry median of 1.99. Tripod Technology's overall GF Score™ is 89/100. 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 Tripod Technology (TPE:3044), the current Cyclically Adjusted PB Ratio is 4.32 as of Jul. 31, 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 Tripod Technology (TPE:3044) Overvalued in 2026?

Based on GuruFocus' analysis, Tripod Technology stock appears to be overvalued. The current stock price of NT$369.00 is trading 27.1% above its estimated GF Value™ of NT$290.27. GuruFocus considers Tripod Technology to be Modestly Overvalued.

Key valuation signals for TPE:3044:

  • Cyclically Adjusted PB Ratio: 4.32 (100% above median its 10-year median of 2.16)
  • GF Value™: NT$290.27 vs. price of NT$369.00 (27.1% above fair value)
  • GF Score™: 89/100
  • Industry Position: 117.1% above the Hardware median (#1534 of 1974)

No single metric tells the full story. See the TPE:3044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tripod Technology Business Description

Address No. 21, Kuang-Yeh 5th Road, Pingzhen Industrial Park, Pingzhen District, Taoyuan, TWN, 324
Tripod Technology Corporation manufactures and distributes printed circuit boards, electronic cash registers, and is engaged in the design, manufacture, and sale of a variety of devices produced using computer automation. The company focuses on the production and sale of printed circuit boards, and this segment provides the majority of the company's revenue. The company's products include various boards for memory modules, thin-film-transistor liquid-crystal displays, telecommunications boards, hard disks, automotive, servers, substrates, and other services. The vast majority of revenue is earned from customers in Mainland China; however, the company also does business in Taiwan, Malaysia, and South Korea, among others.
89GF Score

Get the complete analysis for TPE:3044

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

NT$369.00
Price
NT$290.27
GF Value