Generalplus Technology (TPE:4952) Cyclically Adjusted PB Ratio: 1.80 (As of Jul. 31, 2026) — 17% Below Median

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TPE:4952 Generalplus Technology Inc TPE:4952
70 GF Score
Price NT$43.00
GF Value NT$44.49
Valuation Fairly Valued
! 7 Warning Signs
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What is Generalplus Technology Cyclically Adjusted PB Ratio?

Generalplus Technology TPE:4952 +0.35% 70 Cyclically Adjusted PB Ratio is 1.80 as of Jul. 31, 2026, which is 17% below its 10-year median of 2.16. GuruFocus rates TPE:4952 with a GF Score™ of 70/100 and a GF Value™ of NT$44.49 (Fairly Valued). The stock has 7 warning signs investors should review. Among 732 Semiconductors companies, Generalplus Technology ranks better than 65.3% on this metric.

As of today (2026-07-31), Generalplus Technology's current share price is NT$43.00. Generalplus Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$23.87. Generalplus Technology's Cyclically Adjusted PB Ratio for today is 1.80.

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

TPE:4952' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.16   Max: 4.2
Current: 1.8

During the past years, Generalplus Technology's highest Cyclically Adjusted PB Ratio was 4.20. The lowest was 1.29. And the median was 2.16.

TPE:4952's Cyclically Adjusted PB Ratio is ranked better than
65.3% of 732 companies
in the Semiconductors industry
Industry Median: 3.04 vs TPE:4952: 1.80

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.

Generalplus Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$20.082. 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$23.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Generalplus Technology  (TPE:4952) 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.


Generalplus Technology Cyclically Adjusted PB Ratio Related Terms


Generalplus Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Generalplus Technology'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.

Generalplus Technology Cyclically Adjusted PB Ratio Chart

Generalplus Technology 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 3.17 2.02 2.35 2.39 1.49

Generalplus Technology 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 1.92 1.69 1.71 1.49 1.62

TPE:4952 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Generalplus Technology'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.


Generalplus Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:4952
70GF Score
Generalplus Technology Inc TPE:4952
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Generalplus Technology 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.

Generalplus Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.00/23.87
=1.80

* 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.

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

For example, Generalplus Technology'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)
=20.082/330.2130*330.2130
=20.082

Current CPI (Mar. 2026) = 330.2130.

Generalplus Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.567 241.018 25.438
201609 19.351 241.428 26.467
201612 19.888 241.432 27.201
201703 20.164 243.801 27.311
201706 17.966 244.955 24.219
201709 18.906 246.819 25.294
201712 19.657 246.524 26.330
201803 20.191 249.554 26.717
201806 18.076 251.989 23.687
201809 18.664 252.439 24.414
201812 19.153 251.233 25.174
201903 19.556 254.202 25.404
201906 17.899 256.143 23.075
201909 18.340 256.759 23.587
201912 18.538 256.974 23.821
202003 18.665 258.115 23.879
202006 17.535 257.797 22.461
202009 18.523 260.280 23.500
202012 19.384 260.474 24.574
202103 20.239 264.877 25.231
202106 21.813 271.696 26.511
202109 21.437 274.310 25.806
202112 22.986 278.802 27.225
202203 25.193 287.504 28.935
202206 21.725 296.311 24.211
202209 22.841 296.808 25.412
202212 22.976 296.797 25.563
202303 23.292 301.836 25.482
202306 18.740 305.109 20.282
202309 19.389 307.789 20.802
202312 19.429 306.746 20.915
202403 20.087 312.332 21.237
202406 19.923 314.175 20.940
202409 20.570 315.301 21.543
202412 20.620 315.605 21.574
202503 21.154 319.799 21.843
202506 18.842 322.561 19.289
202509 19.134 324.800 19.453
202512 19.421 324.054 19.790
202603 20.082 330.213 20.082

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 1.80 mean?
Generalplus Technology (TPE:4952) has a Cyclically Adjusted PB Ratio of 1.80 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 Generalplus Technology and its competitors. This is 17% below median its historical median of 2.16. Over the past decade, Generalplus Technology's Cyclically Adjusted PB Ratio has ranged from 1.29 to 4.20. According to the industry distribution chart, Generalplus Technology ranks #254 out of 732 companies in the Semiconductors industry, placing it in the top 34.7%.
Is Generalplus Technology's Cyclically Adjusted PB Ratio too high?
Generalplus Technology's current Cyclically Adjusted PB Ratio of 1.80 is 17% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 4.20. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.04. Generalplus Technology's value of 1.80 is 40.8% below this industry median. Based on the distribution chart, Generalplus Technology ranks #254 out of 732 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Generalplus Technology has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Generalplus Technology's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Generalplus Technology ranks #254 out of 732 companies for Cyclically Adjusted PB Ratio. This puts Generalplus Technology in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.04. Generalplus Technology's value of 1.80 is 40.8% below this benchmark. Historically, Generalplus Technology's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 4.20 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 3.04, Generalplus Technology 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 3.04, based on 732 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. Generalplus Technology's current Cyclically Adjusted PB Ratio of 1.80 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 Generalplus Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generalplus Technology's current Cyclically Adjusted PB Ratio is 1.80, which is 17% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generalplus Technology stock overvalued right now?
Based on GuruFocus' analysis, Generalplus Technology (TPE:4952) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.49, compared to a current price of NT$43.00 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.80, which is 17% below median its 10-year median of 2.16 and 40.8% below the Semiconductors industry median of 3.04. Generalplus Technology's overall GF Score™ is 70/100 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 Generalplus Technology (TPE:4952), the current Cyclically Adjusted PB Ratio is 1.80 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 Generalplus Technology (TPE:4952) Overvalued in 2026?

Based on GuruFocus' analysis, Generalplus Technology stock appears to be undervalued. The current stock price of NT$43.00 is trading 3.3% below its estimated GF Value™ of NT$44.49. GuruFocus considers Generalplus Technology to be Fairly Valued.

Key valuation signals for TPE:4952:

  • Cyclically Adjusted PB Ratio: 1.80 (17% below median its 10-year median of 2.16)
  • GF Value™: NT$44.49 vs. price of NT$43.00 (3.3% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 40.8% below the Semiconductors median (#254 of 732)

No single metric tells the full story. See the TPE:4952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Generalplus Technology Business Description

Address Industrial East Road IV, No. 19, Hsinchu Science Park, Hsinchu, TWN, 30077
Generalplus Technology Inc is an integrated circuit provider. It develops, manufactures, distributes, and designs integrated circuit(IC) products. The company is dedicated to commercializing communication, educational entertainment, and multimedia technology. The company's revenue from sales of goods comes from sales of integrated circuits (IC) products. Geographically, the company generates key revenue from Taiwan.
70GF Score

Get the complete analysis for TPE:4952

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

NT$43.00
Price
NT$44.49
GF Value