Bestec Power Electronics Co (TPE:3308) Cyclically Adjusted PB Ratio: (As of Jul. 30, 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.
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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:3308 Bestec Power Electronics Co Ltd TPE:3308
35 GF Score
Price NT$18.55
GF Value NT$0.77
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bestec Power Electronics Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bestec Power Electronics Co  (TPE:3308) 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.


Bestec Power Electronics Co Cyclically Adjusted PB Ratio Related Terms


Bestec Power Electronics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bestec Power Electronics Co'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.

Bestec Power Electronics Co Cyclically Adjusted PB Ratio Chart

Bestec Power Electronics Co 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 1.04 0.90 2.27 1.27 1.10

Bestec Power Electronics Co 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 1.06 0.96 0.87 1.10 0.00

TPE:3308 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Bestec Power Electronics Co'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.


Bestec Power Electronics Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bestec Power Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bestec Power Electronics Co's Cyclically Adjusted PB Ratio falls into.


TPE:3308
35GF Score
Bestec Power Electronics Co Ltd TPE:3308
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bestec Power Electronics Co 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.

Bestec Power Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bestec Power Electronics Co'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)
=18.847/330.2130*330.2130
=18.847

Current CPI (Mar. 2026) = 330.2130.

Bestec Power Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.267 241.018 26.397
201609 18.399 241.428 25.165
201612 18.761 241.432 25.660
201703 17.744 243.801 24.033
201706 17.626 244.955 23.761
201709 17.679 246.819 23.652
201712 17.162 246.524 22.988
201803 16.505 249.554 21.840
201806 16.097 251.989 21.094
201809 15.288 252.439 19.998
201812 14.815 251.233 19.472
201903 14.290 254.202 18.563
201906 14.042 256.143 18.103
201909 13.640 256.759 17.542
201912 13.059 256.974 16.781
202003 12.612 258.115 16.135
202006 12.518 257.797 16.034
202009 12.180 260.280 15.453
202012 11.683 260.474 14.811
202103 11.691 264.877 14.575
202106 11.151 271.696 13.553
202109 11.081 274.310 13.339
202112 11.110 278.802 13.159
202203 11.039 287.504 12.679
202206 10.853 296.311 12.095
202209 11.180 296.808 12.438
202212 11.640 296.797 12.951
202303 17.587 301.836 19.240
202306 18.642 305.109 20.176
202309 19.881 307.789 21.329
202312 18.401 306.746 19.809
202403 17.146 312.332 18.128
202406 17.323 314.175 18.207
202409 17.781 315.301 18.622
202412 18.270 315.605 19.116
202503 18.942 319.799 19.559
202506 17.057 322.561 17.462
202509 17.954 324.800 18.253
202512 18.688 324.054 19.043
202603 18.847 330.213 18.847

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 Bestec Power Electronics Co (TPE:3308) Overvalued in 2026?

Based on GuruFocus' analysis, Bestec Power Electronics Co stock appears to be overvalued. The current stock price of NT$18.55 is trading 2309.1% above its estimated GF Value™ of NT$0.77. GuruFocus considers Bestec Power Electronics Co to be Significantly Overvalued.

Key valuation signals for TPE:3308:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$0.77 vs. price of NT$18.55 (2309.1% above fair value)
  • GF Score™: 35/100 with 7 warning signs

No single metric tells the full story. See the TPE:3308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bestec Power Electronics Co Business Description

Address No.69 Keji 1st Road, Guishan District, Taoyuan, TWN, 333
Bestec Power Electronics Co Ltd is engaged in processing, manufacturing, and trading of products such as switching power supplies, IoT cloud server power supplies, wireless chargers, high-power, high-efficiency, high-density power supplies for gaming, and power converters. Its products include gogi Pet Soothing Water, Liande Bio-Extreme Water, drones, Power supply, Uninterruptible power supply system, charger, adapter, and Open Frame. Its segments include Product segment engaged in the production and domestic sales of power supplies, power converters, and bottled water, among others; and Other segment engaged in hotel operations or leasing activities. It derives the majority of revenue from Other segment.
35GF Score

Get the complete analysis for TPE:3308

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

NT$18.55
Price
NT$0.77
GF Value