Raydium Semi-Conductor (TPE:3592) Cyclically Adjusted PB Ratio: 1.84 (As of Jul. 30, 2026) — 17% Below Median

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TPE:3592 Raydium Semi-Conductor Corp TPE:3592
86 GF Score
Price NT$219.50
GF Value NT$358.52
Valuation Possible Value Trap
! 7 Warning Signs
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What is Raydium Semi-Conductor Cyclically Adjusted PB Ratio?

Raydium Semi-Conductor TPE:3592 -2.66% 86 Cyclically Adjusted PB Ratio is 1.84 as of Jul. 30, 2026, which is 17% below its 10-year median of 2.23. GuruFocus rates TPE:3592 with a GF Score™ of 86/100 and a GF Value™ of NT$358.52 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 733 Semiconductors companies, Raydium Semi-Conductor ranks better than 61.94% on this metric.

As of today (2026-07-30), Raydium Semi-Conductor's current share price is NT$219.50. Raydium Semi-Conductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$119.22. Raydium Semi-Conductor's Cyclically Adjusted PB Ratio for today is 1.84.

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

TPE:3592' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 2.23   Max: 3.42
Current: 2

During the past years, Raydium Semi-Conductor's highest Cyclically Adjusted PB Ratio was 3.42. The lowest was 1.82. And the median was 2.23.

TPE:3592's Cyclically Adjusted PB Ratio is ranked better than
61.94% of 733 companies
in the Semiconductors industry
Industry Median: 3.11 vs TPE:3592: 2.00

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.

Raydium Semi-Conductor's adjusted book value per share data for the three months ended in Mar. 2026 was NT$141.781. 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$119.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raydium Semi-Conductor  (TPE:3592) 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.


Raydium Semi-Conductor Cyclically Adjusted PB Ratio Related Terms


Raydium Semi-Conductor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Raydium Semi-Conductor'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.

Raydium Semi-Conductor Cyclically Adjusted PB Ratio Chart

Raydium Semi-Conductor 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 0.00 0.00 0.00 0.00 1.98

Raydium Semi-Conductor 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 3.15 3.31 2.45 1.98 1.84

TPE:3592 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Raydium Semi-Conductor'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.


Raydium Semi-Conductor Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

* The bar in red indicates where Raydium Semi-Conductor's Cyclically Adjusted PB Ratio falls into.


TPE:3592
86GF Score
Raydium Semi-Conductor Corp TPE:3592
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raydium Semi-Conductor 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.

Raydium Semi-Conductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=219.50/119.22
=1.84

* 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.

Raydium Semi-Conductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Raydium Semi-Conductor'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)
=141.781/330.2130*330.2130
=141.781

Current CPI (Mar. 2026) = 330.2130.

Raydium Semi-Conductor Quarterly Data

Book Value per Share CPI Adj_Book
201206 49.908 229.478 71.816
201212 56.340 229.601 81.028
201306 55.511 233.504 78.502
201312 60.595 233.049 85.859
201406 55.679 238.343 77.141
201412 59.697 234.812 83.951
201506 54.276 238.638 75.104
201512 60.202 236.525 84.048
201606 54.544 241.018 74.729
201612 62.273 241.432 85.172
201706 58.285 244.955 78.571
201712 59.271 246.524 79.392
201806 56.621 251.989 74.198
201812 62.542 251.233 82.203
201906 61.246 256.143 78.957
201912 64.618 256.974 83.034
202006 61.321 257.797 78.546
202009 0.000 260.280 0.000
202012 70.640 260.474 89.553
202103 0.000 264.877 0.000
202106 88.574 271.696 107.651
202109 107.371 274.310 129.253
202112 134.953 278.802 159.838
202203 142.002 287.504 163.097
202206 159.072 296.311 177.272
202209 164.656 296.808 183.188
202212 170.555 296.797 189.758
202303 132.388 301.836 144.834
202306 137.830 305.109 149.170
202309 142.141 307.789 152.497
202312 147.889 306.746 159.203
202403 139.561 312.332 147.551
202406 147.198 314.175 154.712
202409 154.014 315.301 161.298
202412 159.416 315.605 166.795
202503 141.772 319.799 146.389
202506 144.601 322.561 148.031
202509 149.058 324.800 151.542
202512 151.867 324.054 154.753
202603 141.781 330.213 141.781

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 1.84 mean?
Raydium Semi-Conductor (TPE:3592) has a Cyclically Adjusted PB Ratio of 1.84 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 Raydium Semi-Conductor and its competitors. This is 17% below median its historical median of 2.23. Over the past decade, Raydium Semi-Conductor's Cyclically Adjusted PB Ratio has ranged from 1.82 to 3.42. According to the industry distribution chart, Raydium Semi-Conductor ranks #279 out of 733 companies in the Semiconductors industry, placing it in the top 38.1%.
Is Raydium Semi-Conductor's Cyclically Adjusted PB Ratio too high?
Raydium Semi-Conductor's current Cyclically Adjusted PB Ratio of 1.84 is 17% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 3.42. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.11. Raydium Semi-Conductor's value of 1.84 is 40.8% below this industry median. Based on the distribution chart, Raydium Semi-Conductor ranks #279 out of 733 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Raydium Semi-Conductor has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Raydium Semi-Conductor's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Raydium Semi-Conductor ranks #279 out of 733 companies for Cyclically Adjusted PB Ratio. This puts Raydium Semi-Conductor in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.11. Raydium Semi-Conductor's value of 1.84 is 40.8% below this benchmark. Historically, Raydium Semi-Conductor's own Cyclically Adjusted PB Ratio has ranged from 1.82 to 3.42 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 3.11, Raydium Semi-Conductor 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. Raydium Semi-Conductor's current Cyclically Adjusted PB Ratio of 1.84 is 40.8% 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 Raydium Semi-Conductor 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. Raydium Semi-Conductor's current Cyclically Adjusted PB Ratio is 1.84, which is 17% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raydium Semi-Conductor stock overvalued right now?
Based on GuruFocus' analysis, Raydium Semi-Conductor (TPE:3592) is currently considered Possible Value Trap. The stock's GF Value™ is NT$358.52, compared to a current price of NT$219.50 — trading 38.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.84, which is 17% below median its 10-year median of 2.23 and 40.8% below the Semiconductors industry median of 3.11. Raydium Semi-Conductor's overall GF Score™ is 86/100 with 7 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 Raydium Semi-Conductor (TPE:3592), the current Cyclically Adjusted PB Ratio is 1.84 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 Raydium Semi-Conductor (TPE:3592) Overvalued in 2026?

Based on GuruFocus' analysis, Raydium Semi-Conductor stock appears to be undervalued. The current stock price of NT$219.50 is trading 38.8% below its estimated GF Value™ of NT$358.52. GuruFocus considers Raydium Semi-Conductor to be Possible Value Trap.

Key valuation signals for TPE:3592:

  • Cyclically Adjusted PB Ratio: 1.84 (17% below median its 10-year median of 2.23)
  • GF Value™: NT$358.52 vs. price of NT$219.50 (38.8% below fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 40.8% below the Semiconductors median (#279 of 733)

No single metric tells the full story. See the TPE:3592 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raydium Semi-Conductor Business Description

Address Li-Hsin Road, No 23, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 300
Raydium Semi-Conductor Corp is engaged in the development, design, and sale of display driver, sequential control, and power management integrated circuit products. It is an integrated circuit provider of thin film transistor-liquid crystal display, an active-matrix organic light-emitting diode (AMOLED), and low-temperature poly-silicon (LTPS) panels. Geographically, the company generates a majority of its revenue from Taiwan, and the rest from Mainland China.
86GF Score

Get the complete analysis for TPE:3592

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

NT$219.50
Price
NT$358.52
GF Value