Fic Global (TPE:3701) Cyclically Adjusted PB Ratio: 2.17 (As of Jul. 31, 2026) — 24% Below Median

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TPE:3701 Fic Global Inc TPE:3701
79 GF Score
Price NT$33.50
GF Value NT$36.13
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Fic Global Cyclically Adjusted PB Ratio?

Fic Global TPE:3701 -4.56% 79 Cyclically Adjusted PB Ratio is 2.17 as of Jul. 31, 2026, which is 24% below its 10-year median of 2.86. GuruFocus rates TPE:3701 with a GF Score™ of 79/100 and a GF Value™ of NT$36.13 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,974 Hardware companies, Fic Global ranks worse than 59.17% on this metric.

As of today (2026-07-31), Fic Global's current share price is NT$33.50. Fic Global's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$15.45. Fic Global's Cyclically Adjusted PB Ratio for today is 2.17.

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

TPE:3701' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 2.86   Max: 6.89
Current: 2.54

During the past years, Fic Global's highest Cyclically Adjusted PB Ratio was 6.89. The lowest was 0.88. And the median was 2.86.

TPE:3701's Cyclically Adjusted PB Ratio is ranked worse than
59.17% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs TPE:3701: 2.54

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.

Fic Global's adjusted book value per share data for the three months ended in Dec. 2025 was NT$20.224. 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$15.45 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fic Global  (TPE:3701) 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.


Fic Global Cyclically Adjusted PB Ratio Related Terms


Fic Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fic Global'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.

Fic Global Cyclically Adjusted PB Ratio Chart

Fic Global 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 5.80 2.78 4.33 2.78 3.52

Fic Global Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.78 2.33 2.15 2.69 3.52

TPE:3701 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Fic Global'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.


Fic Global Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:3701
79GF Score
Fic Global Inc TPE:3701
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fic Global 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.

Fic Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.50/15.45
=2.17

* 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.

Fic Global's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Fic Global's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=20.224/324.0540*324.0540
=20.224

Current CPI (Dec. 2025) = 324.0540.

Fic Global Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.259 238.132 12.600
201606 9.184 241.018 12.348
201609 8.886 241.428 11.927
201612 9.416 241.432 12.638
201703 9.537 243.801 12.676
201706 9.807 244.955 12.974
201709 10.065 246.819 13.215
201712 9.939 246.524 13.065
201803 9.938 249.554 12.905
201806 10.937 251.989 14.065
201809 10.443 252.439 13.406
201812 11.097 251.233 14.314
201903 11.352 254.202 14.471
201906 11.209 256.143 14.181
201909 10.688 256.759 13.489
201912 10.581 256.974 13.343
202003 10.401 258.115 13.058
202006 10.381 257.797 13.049
202009 10.723 260.280 13.350
202012 11.052 260.474 13.750
202103 11.086 264.877 13.563
202106 11.410 271.696 13.609
202109 12.165 274.310 14.371
202112 12.906 278.802 15.001
202203 13.550 287.504 15.273
202206 13.834 296.311 15.129
202209 14.492 296.808 15.822
202212 14.888 296.797 16.255
202303 15.300 301.836 16.426
202306 15.080 305.109 16.016
202309 18.097 307.789 19.053
202312 18.126 306.746 19.149
202403 18.707 312.332 19.409
202406 19.922 314.175 20.548
202409 20.125 315.301 20.684
202412 20.201 315.605 20.742
202503 21.303 319.799 21.586
202506 19.589 322.561 19.680
202509 20.521 324.800 20.474
202512 20.224 324.054 20.224

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 2.17 mean?
Fic Global (TPE:3701) has a Cyclically Adjusted PB Ratio of 2.17 as of Jul. 31, 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 Fic Global and its competitors. This is 24% below median its historical median of 2.86. Over the past decade, Fic Global's Cyclically Adjusted PB Ratio has ranged from 0.88 to 6.89. According to the industry distribution chart, Fic Global ranks #1168 out of 1974 companies in the Hardware industry, placing it in the top 59.2%.
Is Fic Global's Cyclically Adjusted PB Ratio too high?
Fic Global's current Cyclically Adjusted PB Ratio of 2.17 is 24% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 6.89. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. Fic Global's value of 2.17 is 9% above this industry median. Based on the distribution chart, Fic Global ranks #1168 out of 1974 companies in the Hardware industry, which is below the industry midpoint. Overall, Fic Global has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fic Global's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Fic Global ranks #1168 out of 1974 companies for Cyclically Adjusted PB Ratio. This places Fic Global in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. Fic Global's value of 2.17 is 9% above this benchmark. Historically, Fic Global's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 6.89 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 1.99, Fic Global has consistently been above 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. Fic Global's current Cyclically Adjusted PB Ratio of 2.17 is 9% above 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 Fic Global 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. Fic Global's current Cyclically Adjusted PB Ratio is 2.17, which is 24% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fic Global stock overvalued right now?
Based on GuruFocus' analysis, Fic Global (TPE:3701) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.13, compared to a current price of NT$33.50 — trading 7.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.17, which is 24% below median its 10-year median of 2.86 and 9% above the Hardware industry median of 1.99. Fic Global's overall GF Score™ is 79/100 with 6 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 Fic Global (TPE:3701), the current Cyclically Adjusted PB Ratio is 2.17 as of Jul. 31, 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 Fic Global (TPE:3701) Overvalued in 2026?

Based on GuruFocus' analysis, Fic Global stock appears to be undervalued. The current stock price of NT$33.50 is trading 7.3% below its estimated GF Value™ of NT$36.13. GuruFocus considers Fic Global to be Fairly Valued.

Key valuation signals for TPE:3701:

  • Cyclically Adjusted PB Ratio: 2.17 (24% below median its 10-year median of 2.86)
  • GF Value™: NT$36.13 vs. price of NT$33.50 (7.3% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 9% above the Hardware median (#1168 of 1974)

No single metric tells the full story. See the TPE:3701 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fic Global Business Description

Address No.300, Yang Guang Street, 1-9th Floor, Neihu District, Taipei, TWN
Fic Global Incis engaged in research and development, manufacturing and sales of optical communication, automobile products, monitoring products, industrial computers and touch screen; electronics manufacturing services for computers and servers; and leases of property. Its segments include 3CEMS and its subsidiaries, Ubiqconn and its subsidiaries, FIC Inc. and its subsidiaries, and Other companies. It derives the majority of revenue from 3CEMS and its subsidiaries segment. Geographically it derives majority of revenue from China with operations spread across Taiwan, USA, Malaysia, and Other.
79GF Score

Get the complete analysis for TPE:3701

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

NT$33.50
Price
NT$36.13
GF Value