Unitech Electronics Co (TPE:3652) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 01, 2026) — Near Median

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TPE:3652 Unitech Electronics Co Ltd TPE:3652
70 GF Score
Price NT$29.30
GF Value NT$32.33
Valuation Fairly Valued
! 1 Warning Sign
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What is Unitech Electronics Co Cyclically Adjusted PB Ratio?

Unitech Electronics Co TPE:3652 +3.17% 70 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 01, 2026, which is 6% above its 10-year median of 1.01. GuruFocus rates TPE:3652 with a GF Score™ of 70/100 and a GF Value™ of NT$32.33 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,974 Hardware companies, Unitech Electronics Co ranks better than 69.1% on this metric.

As of today (2026-08-01), Unitech Electronics Co's current share price is NT$29.30. Unitech Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$27.48. Unitech Electronics Co's Cyclically Adjusted PB Ratio for today is 1.07.

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

TPE:3652' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.01   Max: 1.84
Current: 1.03

During the past years, Unitech Electronics Co's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.47. And the median was 1.01.

TPE:3652's Cyclically Adjusted PB Ratio is ranked better than
69.1% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs TPE:3652: 1.03

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.

Unitech Electronics Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$25.032. 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$27.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unitech Electronics Co  (TPE:3652) 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.


Unitech Electronics Co Cyclically Adjusted PB Ratio Related Terms


Unitech Electronics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Unitech 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.

Unitech Electronics Co Cyclically Adjusted PB Ratio Chart

Unitech 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 0.89 0.85 1.13 1.44 1.06

Unitech 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 1.19 1.02 1.12 1.06 0.97

TPE:3652 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Unitech 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.


Unitech Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:3652
70GF Score
Unitech Electronics Co Ltd TPE:3652
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unitech 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.

Unitech Electronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.30/27.48
=1.07

* 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.

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

For example, Unitech 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)
=25.032/330.2130*330.2130
=25.032

Current CPI (Mar. 2026) = 330.2130.

Unitech Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.151 241.018 30.349
201609 22.379 241.428 30.609
201612 22.658 241.432 30.990
201703 21.902 243.801 29.665
201706 21.803 244.955 29.392
201709 22.500 246.819 30.102
201712 22.498 246.524 30.136
201803 22.321 249.554 29.535
201806 21.901 251.989 28.700
201809 21.961 252.439 28.727
201812 22.198 251.233 29.176
201903 21.892 254.202 28.438
201906 21.297 256.143 27.456
201909 21.459 256.759 27.598
201912 21.709 256.974 27.896
202003 21.481 258.115 27.481
202006 21.089 257.797 27.013
202009 21.388 260.280 27.135
202012 21.754 260.474 27.578
202103 22.011 264.877 27.440
202106 22.145 271.696 26.915
202109 22.445 274.310 27.019
202112 23.187 278.802 27.463
202203 23.580 287.504 27.083
202206 23.628 296.311 26.331
202209 24.163 296.808 26.882
202212 24.235 296.797 26.964
202303 24.283 301.836 26.566
202306 23.867 305.109 25.831
202309 24.249 307.789 26.016
202312 24.100 306.746 25.944
202403 23.959 312.332 25.331
202406 24.366 314.175 25.610
202409 24.638 315.301 25.803
202412 25.051 315.605 26.211
202503 24.919 319.799 25.730
202506 24.671 322.561 25.256
202509 25.294 324.800 25.716
202512 25.780 324.054 26.270
202603 25.032 330.213 25.032

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 1.07 mean?
Unitech Electronics Co (TPE:3652) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 01, 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 Unitech Electronics Co and its competitors. This is near median its historical median of 1.01. Over the past decade, Unitech Electronics Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.84. According to the industry distribution chart, Unitech Electronics Co ranks #610 out of 1974 companies in the Hardware industry, placing it in the top 30.9%.
Is Unitech Electronics Co's Cyclically Adjusted PB Ratio too high?
Unitech Electronics Co's current Cyclically Adjusted PB Ratio of 1.07 is near median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.84. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. Unitech Electronics Co's value of 1.07 is 46.2% below this industry median. Based on the distribution chart, Unitech Electronics Co ranks #610 out of 1974 companies in the Hardware industry, which is above the industry midpoint. Overall, Unitech Electronics Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Unitech Electronics Co's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Unitech Electronics Co ranks #610 out of 1974 companies for Cyclically Adjusted PB Ratio. This puts Unitech Electronics Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. Unitech Electronics Co's value of 1.07 is 46.2% below this benchmark. Historically, Unitech Electronics Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.84 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.99, Unitech Electronics Co 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 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. Unitech Electronics Co's current Cyclically Adjusted PB Ratio of 1.07 is 46.2% 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 Unitech Electronics Co 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. Unitech Electronics Co's current Cyclically Adjusted PB Ratio is 1.07, which is near median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unitech Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Unitech Electronics Co (TPE:3652) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.33, compared to a current price of NT$29.30 — trading 9.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is near median its 10-year median of 1.01 and 46.2% below the Hardware industry median of 1.99. Unitech Electronics Co's overall GF Score™ is 70/100 with 1 warning sign 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 Unitech Electronics Co (TPE:3652), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 01, 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 Unitech Electronics Co (TPE:3652) Overvalued in 2026?

Based on GuruFocus' analysis, Unitech Electronics Co stock appears to be undervalued. The current stock price of NT$29.30 is trading 9.4% below its estimated GF Value™ of NT$32.33. GuruFocus considers Unitech Electronics Co to be Fairly Valued.

Key valuation signals for TPE:3652:

  • Cyclically Adjusted PB Ratio: 1.07 (near median its 10-year median of 1.01)
  • GF Value™: NT$32.33 vs. price of NT$29.30 (9.4% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 46.2% below the Hardware median (#610 of 1974)

No single metric tells the full story. See the TPE:3652 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unitech Electronics Co Business Description

Address No.136, Lane 235, Baoqiao Road, 5th Floor, Xindian District, New Taipei City, TWN, 231
Unitech Electronics Co Ltd manufactures and sells a wide range of auto data capture (ADC) products such as enterprise mobile computers, rugged handheld PDAs, industrial tablets, RFID readers, barcode scanners, and smart living devices also iOS Solutions and RFID Solutions. Geographically, the company from Asia, America, Europe and Oceania generating maximum revenue from Asian regions.
70GF Score

Get the complete analysis for TPE:3652

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

NT$29.30
Price
NT$32.33
GF Value