Excellence Optoelectronics Holding Co (TPE:3717) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:3717 Excellence Optoelectronics Holding Co TPE:3717
16 GF Score
Price NT$25.10
! 6 Warning Signs
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What is Excellence Optoelectronics Holding Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Excellence Optoelectronics Holding Co  (TPE:3717) 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.


Excellence Optoelectronics Holding Co Cyclically Adjusted PB Ratio Related Terms


Excellence Optoelectronics Holding Co Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Excellence Optoelectronics Holding 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.

Excellence Optoelectronics Holding Co Cyclically Adjusted PB Ratio Chart

Excellence Optoelectronics Holding 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

Excellence Optoelectronics Holding Co 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 - 1.22 1.04 1.32 1.65

TPE:3717 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Excellence Optoelectronics Holding 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.


Excellence Optoelectronics Holding Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Excellence Optoelectronics Holding Co's Cyclically Adjusted PB Ratio falls into.


TPE:3717
16GF Score
Excellence Optoelectronics Holding Co TPE:3717
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Excellence Optoelectronics Holding 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.

Excellence Optoelectronics Holding Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Excellence Optoelectronics Holding Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=15.455/324.0540*324.0540
=15.455

Current CPI (Dec25) = 324.0540.

Excellence Optoelectronics Holding Co Annual Data

Book Value per Share CPI Adj_Book
201612 11.766 241.432 15.793
201712 11.601 246.524 15.249
201812 13.147 251.233 16.958
201912 13.637 256.974 17.197
202012 14.331 260.474 17.829
202112 13.638 278.802 15.852
202212 13.743 296.797 15.005
202312 14.741 306.746 15.573
202412 15.860 315.605 16.285
202512 15.455 324.054 15.455

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.


Excellence Optoelectronics Holding Co Business Description

Address No.2, Kedong 1st Road, Hsinchu Science Park, Miaoli County, Chunan, TWN, 35053
Excellence Optoelectronics Holding Co is a high technology-oriented company. It is a professional LED lamp manufacturer producing top quality of Super High Brightness LED lamps with AlInGaP and InGaN chip materials. It's subsidiaries nclude the design, development, testing, manufacturing of LED components, OEM/ODM LED modules and patented solution for the automotive market; LED traffic signals, LED street lighting, industrial lighting and LED consumer products for the energy-saving market; and the design, installation and construction of energy-saving products for government and public sector projects.
16GF Score

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

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