Goldkey Technology (TPE:3135) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:3135 Goldkey Technology Corp TPE:3135
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What is Goldkey Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldkey Technology  (TPE:3135) 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.


Goldkey Technology Cyclically Adjusted PB Ratio Related Terms


Goldkey Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goldkey 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.

Goldkey Technology Cyclically Adjusted PB Ratio Chart

Goldkey Technology Annual Data
Trend Dec03 Dec04 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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Goldkey Technology Quarterly Data
Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial 2.33 2.42 5.29 5.95 10.35

TPE:3135 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Goldkey 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.


Goldkey Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:3135
50GF Score
Goldkey Technology Corp TPE:3135
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldkey 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.

Goldkey Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Goldkey Technology's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=26.273/324.0540*324.0540
=26.273

Current CPI (Dec25) = 324.0540.

Goldkey Technology Annual Data

Book Value per Share CPI Adj_Book
200312 6.280 184.300 11.042
200412 6.669 190.300 11.356
201812 8.921 251.233 11.507
201912 10.229 256.974 12.899
202012 9.450 260.474 11.757
202112 16.881 278.802 19.621
202212 16.838 296.797 18.384
202312 17.508 306.746 18.496
202412 18.801 315.605 19.304
202512 26.273 324.054 26.273

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.


Goldkey Technology Business Description

Address No. 101, Zhongyuan Street, 10 Floor, Zhonghe District, New Taipei City, TWN, 235
Goldkey Technology Corp mainly engaged in the research, design, manufacturing and sales of IC cards, card reader chipsets and related integrated circuits. The company's products and services includes Dynamic Random-Access Memory (DRAM) products, Flash memory products, and Miscellaneous components. Its solutions are Data Centre, Desktop/Notebook, Embedded Storage Product. The company has only One reportable segment. The company has presence in Taiwan, USA, China (including Hong Kong), and Other. The company generates majority of revenue from Taiwan.
50GF Score

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

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