Davicom Semiconductor (TPE:3094) Cyclically Adjusted PB Ratio: 2.25 (As of Aug. 05, 2026) — 25% Above Median

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TPE:3094 Davicom Semiconductor Inc TPE:3094
62 GF Score
Price NT$35.40
GF Value NT$23.86
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Davicom Semiconductor Cyclically Adjusted PB Ratio?

Davicom Semiconductor TPE:3094 +0.71% 62 Cyclically Adjusted PB Ratio is 2.25 as of Aug. 05, 2026, which is 25% above its 10-year median of 1.80. GuruFocus rates TPE:3094 with a GF Score™ of 62/100 and a GF Value™ of NT$23.86 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 731 Semiconductors companies, Davicom Semiconductor ranks better than 61.42% on this metric.

As of today (2026-08-05), Davicom Semiconductor's current share price is NT$35.40. Davicom Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$15.74. Davicom Semiconductor's Cyclically Adjusted PB Ratio for today is 2.25.

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

TPE:3094' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.8   Max: 2.95
Current: 2.01

During the past years, Davicom Semiconductor's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.96. And the median was 1.80.

TPE:3094's Cyclically Adjusted PB Ratio is ranked better than
61.42% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs TPE:3094: 2.01

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.

Davicom Semiconductor's adjusted book value per share data for the three months ended in Mar. 2026 was NT$12.172. 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$15.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Davicom Semiconductor  (TPE:3094) 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.


Davicom Semiconductor Cyclically Adjusted PB Ratio Related Terms


Davicom Semiconductor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Davicom Semiconductor'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.

Davicom Semiconductor Cyclically Adjusted PB Ratio Chart

Davicom Semiconductor 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 2.93 1.45 2.46 1.84 1.53

Davicom Semiconductor 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 1.64 1.55 1.68 1.53 1.41

TPE:3094 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Davicom Semiconductor'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.


Davicom Semiconductor Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:3094
62GF Score
Davicom Semiconductor Inc TPE:3094
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Davicom Semiconductor 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.

Davicom Semiconductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.40/15.74
=2.25

* 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.

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

For example, Davicom Semiconductor'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)
=12.172/330.2130*330.2130
=12.172

Current CPI (Mar. 2026) = 330.2130.

Davicom Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.264 241.018 19.543
201609 14.392 241.428 19.685
201612 14.654 241.432 20.043
201703 14.706 243.801 19.918
201706 13.864 244.955 18.689
201709 14.271 246.819 19.093
201712 14.174 246.524 18.986
201803 14.173 249.554 18.754
201806 13.524 251.989 17.722
201809 13.677 252.439 17.891
201812 13.723 251.233 18.037
201903 13.816 254.202 17.947
201906 13.123 256.143 16.918
201909 13.234 256.759 17.020
201912 13.283 256.974 17.069
202003 13.261 258.115 16.965
202006 12.649 257.797 16.202
202009 12.691 260.280 16.101
202012 12.773 260.474 16.193
202103 12.981 264.877 16.183
202106 13.124 271.696 15.951
202109 12.579 274.310 15.143
202112 12.791 278.802 15.150
202203 13.077 287.504 15.020
202206 12.342 296.311 13.754
202209 12.635 296.808 14.057
202212 12.892 296.797 14.343
202303 13.058 301.836 14.286
202306 12.332 305.109 13.347
202309 12.501 307.789 13.412
202312 12.510 306.746 13.467
202403 11.975 312.332 12.661
202406 12.035 314.175 12.649
202409 12.008 315.301 12.576
202412 12.193 315.605 12.757
202503 12.363 319.799 12.766
202506 11.983 322.561 12.267
202509 12.183 324.800 12.386
202512 12.328 324.054 12.562
202603 12.172 330.213 12.172

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 2.25 mean?
Davicom Semiconductor (TPE:3094) has a Cyclically Adjusted PB Ratio of 2.25 as of Aug. 05, 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 Davicom Semiconductor and its competitors. This is 25% above median its historical median of 1.80. Over the past decade, Davicom Semiconductor's Cyclically Adjusted PB Ratio has ranged from 0.96 to 2.95. According to the industry distribution chart, Davicom Semiconductor ranks #282 out of 731 companies in the Semiconductors industry, placing it in the top 38.6%.
Is Davicom Semiconductor's Cyclically Adjusted PB Ratio too high?
Davicom Semiconductor's current Cyclically Adjusted PB Ratio of 2.25 is 25% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.95. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.10. Davicom Semiconductor's value of 2.25 is 27.4% below this industry median. Based on the distribution chart, Davicom Semiconductor ranks #282 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Davicom Semiconductor has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Davicom Semiconductor's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Davicom Semiconductor ranks #282 out of 731 companies for Cyclically Adjusted PB Ratio. This puts Davicom Semiconductor in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. Davicom Semiconductor's value of 2.25 is 27.4% below this benchmark. Historically, Davicom Semiconductor's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 2.95 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 3.10, Davicom Semiconductor 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 3.10, based on 731 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. Davicom Semiconductor's current Cyclically Adjusted PB Ratio of 2.25 is 27.4% 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 Davicom Semiconductor and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Davicom Semiconductor's current Cyclically Adjusted PB Ratio is 2.25, which is 25% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davicom Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Davicom Semiconductor (TPE:3094) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$23.86, compared to a current price of NT$35.40 — trading 48.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.25, which is 25% above median its 10-year median of 1.80 and 27.4% below the Semiconductors industry median of 3.10. Davicom Semiconductor's overall GF Score™ is 62/100 with 2 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 Davicom Semiconductor (TPE:3094), the current Cyclically Adjusted PB Ratio is 2.25 as of Aug. 05, 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 Davicom Semiconductor (TPE:3094) Overvalued in 2026?

Based on GuruFocus' analysis, Davicom Semiconductor stock appears to be overvalued. The current stock price of NT$35.40 is trading 48.4% above its estimated GF Value™ of NT$23.86. GuruFocus considers Davicom Semiconductor to be Significantly Overvalued.

Key valuation signals for TPE:3094:

  • Cyclically Adjusted PB Ratio: 2.25 (25% above median its 10-year median of 1.80)
  • GF Value™: NT$23.86 vs. price of NT$35.40 (48.4% above fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 27.4% below the Semiconductors median (#282 of 731)

No single metric tells the full story. See the TPE:3094 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Davicom Semiconductor Business Description

Address No. 6, Lixing 6th Road, Hsinchu Science Park, Hsinchu, TWN
Davicom Semiconductor Inc mainly engaged in the research, development, production, manufacturing and sales of communications network ICs. The Group operates business only in a single industry and is mainly engaged in distribution of communications network ICs or related services. Its products include Ethernet, AIoT, EPD Driver & SOC, Video Decoder, FAX/Modem, and Medical & Apps. Geographically it operates in China, Taiwan, USA, and Others. The company generates majority of revenue from China.
62GF Score

Get the complete analysis for TPE:3094

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

NT$35.40
Price
NT$23.86
GF Value