AVer Information (TPE:3669) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
Reviewed by: Charlie Tian Charlie Tian
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:3669 AVer Information Inc TPE:3669
81 GF Score
Price NT$32.70
GF Value NT$41.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is AVer Information Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AVer Information  (TPE:3669) 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.


AVer Information Cyclically Adjusted PB Ratio Related Terms


AVer Information Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AVer Information'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.

AVer Information Cyclically Adjusted PB Ratio Chart

AVer Information 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 2.13 1.42 1.41 1.24 0.94

AVer Information Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.93 0.89 0.96 0.89 0.93

TPE:3669 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, AVer Information'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.


AVer Information Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:3669
81GF Score
AVer Information Inc TPE:3669
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVer Information 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.

AVer Information's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AVer Information's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=37.722/333.9520*333.9520
=37.722

Current CPI (Jun. 2026) = 333.9520.

AVer Information Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.413 241.428 36.535
201612 26.724 241.432 36.965
201703 26.597 243.801 36.432
201706 25.849 244.955 35.240
201709 26.303 246.819 35.589
201712 26.083 246.524 35.333
201803 25.973 249.554 34.757
201806 25.894 251.989 34.316
201809 26.098 252.439 34.525
201812 26.383 251.233 35.070
201903 25.507 254.202 33.509
201906 25.605 256.143 33.383
201909 25.966 256.759 33.773
201912 26.502 256.974 34.441
202003 26.591 258.115 34.404
202006 26.827 257.797 34.752
202009 31.841 260.280 40.854
202012 34.433 260.474 44.146
202103 36.581 264.877 46.121
202106 37.273 271.696 45.814
202109 30.816 274.310 37.516
202112 31.999 278.802 38.329
202203 32.210 287.504 37.414
202206 28.786 296.311 32.443
202209 29.743 296.808 33.465
202212 30.330 296.797 34.127
202303 30.305 301.836 33.530
202306 30.472 305.109 33.353
202309 32.511 307.789 35.275
202312 34.706 306.746 37.784
202403 36.742 312.332 39.285
202406 37.364 314.175 39.716
202409 37.269 315.301 39.474
202412 38.943 315.605 41.207
202503 36.660 319.799 38.282
202506 33.378 322.561 34.557
202509 35.429 324.800 36.427
202512 35.644 324.054 36.733
202603 34.740 330.213 35.133
202606 37.722 333.952 37.722

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 AVer Information (TPE:3669) Overvalued in 2026?

Based on GuruFocus' analysis, AVer Information stock appears to be undervalued. The current stock price of NT$32.70 is trading 21.2% below its estimated GF Value™ of NT$41.52. GuruFocus considers AVer Information to be Modestly Undervalued.

Key valuation signals for TPE:3669:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$41.52 vs. price of NT$32.70 (21.2% below fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the TPE:3669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AVer Information Business Description

Address No. 157, Da’an Road, 8th Floor, Tucheng District, New Taipei City, TWN, 236042
AVer Information Inc engages in selling, manufacturing, researching, and developing related products, including computer system equipment and presentation and video conferencing systems. The Company operates through one segment, the education and video conference department. It is a developer and manufacturer of education technology and visual collaboration solutions. Its products include Visualizer, Charge & Sync Carts, On-Premise Video Conferencing, USB Video Conferencing, Medical Grade Cameras, and Professional Audio/Video products. Maximum revenue is generated from America.
81GF Score

Get the complete analysis for TPE:3669

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

NT$32.70
Price
NT$41.52
GF Value