Team Group (TPE:4967) Cyclically Adjusted PB Ratio: 6.43 (As of Aug. 01, 2026) — 102% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TPE:4967 Team Group Inc TPE:4967
54 GF Score
Price NT$233.50
GF Value NT$127.68
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Team Group Cyclically Adjusted PB Ratio?

Team Group TPE:4967 +9.88% 54 Cyclically Adjusted PB Ratio is 6.43 as of Aug. 01, 2026, which is 102% above its 10-year median of 3.18. GuruFocus rates TPE:4967 with a GF Score™ of 54/100 and a GF Value™ of NT$127.68 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,974 Hardware companies, Team Group ranks worse than 84.25% on this metric.

As of today (2026-08-01), Team Group's current share price is NT$233.50. Team Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$36.33. Team Group's Cyclically Adjusted PB Ratio for today is 6.43.

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

TPE:4967' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 3.18   Max: 8.2
Current: 6.01

During the past years, Team Group's highest Cyclically Adjusted PB Ratio was 8.20. The lowest was 2.20. And the median was 3.18.

TPE:4967's Cyclically Adjusted PB Ratio is ranked worse than
84.25% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs TPE:4967: 6.01

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.

Team Group's adjusted book value per share data for the three months ended in Mar. 2026 was NT$83.507. 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$36.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Team Group  (TPE:4967) 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.


Team Group Cyclically Adjusted PB Ratio Related Terms


Team Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Team Group'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.

Team Group Cyclically Adjusted PB Ratio Chart

Team Group 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 0.00 0.00 3.20 2.54 5.53

Team Group 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 2.44 2.24 2.65 5.53 5.48

TPE:4967 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Team Group'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.


Team Group Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:4967
54GF Score
Team Group Inc TPE:4967
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Team Group 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.

Team Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=233.50/36.33
=6.43

* 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.

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

For example, Team Group'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)
=83.507/330.2130*330.2130
=83.507

Current CPI (Mar. 2026) = 330.2130.

Team Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.144 238.638 19.572
201512 10.834 236.525 15.125
201606 10.105 241.018 13.845
201612 13.901 241.432 19.013
201706 16.705 244.955 22.519
201709 0.000 246.819 0.000
201712 20.011 246.524 26.804
201803 0.000 249.554 0.000
201806 21.283 251.989 27.890
201809 24.250 252.439 31.721
201812 24.715 251.233 32.485
201903 26.921 254.202 34.971
201906 22.899 256.143 29.521
201909 23.929 256.759 30.775
201912 22.947 256.974 29.487
202003 27.758 258.115 35.512
202006 27.491 257.797 35.213
202009 27.130 260.280 34.419
202012 29.987 260.474 38.016
202103 33.773 264.877 42.104
202106 37.001 271.696 44.970
202109 36.429 274.310 43.853
202112 33.551 278.802 39.738
202203 34.107 287.504 39.174
202206 33.668 296.311 37.520
202209 28.145 296.808 31.313
202212 29.275 296.797 32.571
202303 27.727 301.836 30.334
202306 28.133 305.109 30.448
202309 28.698 307.789 30.789
202312 31.594 306.746 34.011
202403 37.246 312.332 39.378
202406 43.675 314.175 45.905
202409 47.509 315.301 49.756
202412 47.072 315.605 49.251
202503 45.113 319.799 46.582
202506 45.087 322.561 46.157
202509 47.481 324.800 48.272
202512 57.091 324.054 58.176
202603 83.507 330.213 83.507

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 6.43 mean?
Team Group (TPE:4967) has a Cyclically Adjusted PB Ratio of 6.43 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 Team Group and its competitors. This is 102% above median its historical median of 3.18. Over the past decade, Team Group's Cyclically Adjusted PB Ratio has ranged from 2.20 to 8.20. According to the industry distribution chart, Team Group ranks #1663 out of 1974 companies in the Hardware industry, placing it in the top 84.2%.
Is Team Group's Cyclically Adjusted PB Ratio too high?
Team Group's current Cyclically Adjusted PB Ratio of 6.43 is 102% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 8.20. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. Team Group's value of 6.43 is 223.1% above this industry median. Based on the distribution chart, Team Group ranks #1663 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Team Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Team Group's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Team Group ranks #1663 out of 1974 companies for Cyclically Adjusted PB Ratio. This places Team Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. Team Group's value of 6.43 is 223.1% above this benchmark. Historically, Team Group's own Cyclically Adjusted PB Ratio has ranged from 2.20 to 8.20 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 1.99, Team Group 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. Team Group's current Cyclically Adjusted PB Ratio of 6.43 is 223.1% 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 Team Group 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. Team Group's current Cyclically Adjusted PB Ratio is 6.43, which is 102% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Team Group stock overvalued right now?
Based on GuruFocus' analysis, Team Group (TPE:4967) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$127.68, compared to a current price of NT$233.50 — trading 82.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.43, which is 102% above median its 10-year median of 3.18 and 223.1% above the Hardware industry median of 1.99. Team Group's overall GF Score™ is 54/100 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 Team Group (TPE:4967), the current Cyclically Adjusted PB Ratio is 6.43 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 Team Group (TPE:4967) Overvalued in 2026?

Based on GuruFocus' analysis, Team Group stock appears to be overvalued. The current stock price of NT$233.50 is trading 82.9% above its estimated GF Value™ of NT$127.68. GuruFocus considers Team Group to be Significantly Overvalued.

Key valuation signals for TPE:4967:

  • Cyclically Adjusted PB Ratio: 6.43 (102% above median its 10-year median of 3.18)
  • GF Value™: NT$127.68 vs. price of NT$233.50 (82.9% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 223.1% above the Hardware median (#1663 of 1974)

No single metric tells the full story. See the TPE:4967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Team Group Business Description

Address Jianyi 1st Road, 3rd Floor, No. 166, Zhonghe District, New Taipei City, TWN, 235603
Team Group Inc engages in the manufacturing and selling of integrated circuit chips, memory, and computer peripheral equipment. The product categories of the company include T-FORCE memory chips for laptops and desktops, SSD, Memory Cards, USB Drives, Mobile accessories, CPU coolers, and SSD coolers, and others. Geographically, the company generates a majority of its revenue from America followed by the rest from Asia (excluding Taiwan), Europe, Taiwan, and other regions.
54GF Score

Get the complete analysis for TPE:4967

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

NT$233.50
Price
NT$127.68
GF Value