Brightek Optoelectronic Co (TPE:5244) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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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:5244 Brightek Optoelectronic Co Ltd TPE:5244
83 GF Score
Price NT$36.90
GF Value NT$40.99
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Brightek Optoelectronic Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brightek Optoelectronic Co  (TPE:5244) 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.


Brightek Optoelectronic Co Cyclically Adjusted PB Ratio Related Terms


Brightek Optoelectronic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brightek Optoelectronic 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.

Brightek Optoelectronic Co Cyclically Adjusted PB Ratio Chart

Brightek Optoelectronic 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 - 1.36 1.98 2.24 1.88

Brightek Optoelectronic 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 2.05 1.87 1.88 1.59 1.50

TPE:5244 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Brightek Optoelectronic 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.


Brightek Optoelectronic Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Brightek Optoelectronic Co's Cyclically Adjusted PB Ratio falls into.


TPE:5244
83GF Score
Brightek Optoelectronic Co Ltd TPE:5244
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brightek Optoelectronic 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.

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

For example, Brightek Optoelectronic 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)
=26.116/324.0540*324.0540
=26.116

Current CPI (Dec25) = 324.0540.

Brightek Optoelectronic Co Annual Data

Book Value per Share CPI Adj_Book
201612 14.342 241.432 19.250
201712 15.491 246.524 20.363
201812 15.198 251.233 19.603
201912 15.966 256.974 20.134
202012 18.003 260.474 22.397
202112 20.943 278.802 24.342
202212 23.752 296.797 25.933
202312 24.376 306.746 25.751
202412 27.107 315.605 27.833
202512 26.116 324.054 26.116

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 Brightek Optoelectronic Co (TPE:5244) Overvalued in 2026?

Based on GuruFocus' analysis, Brightek Optoelectronic Co stock appears to be undervalued. The current stock price of NT$36.90 is trading 10% below its estimated GF Value™ of NT$40.99. GuruFocus considers Brightek Optoelectronic Co to be Modestly Undervalued.

Key valuation signals for TPE:5244:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$40.99 vs. price of NT$36.90 (10% below fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the TPE:5244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brightek Optoelectronic Co Business Description

Address No. 1492-1, Chunri Road, 7th Floor, Taoyuan District, Taoyuan, TWN, 33051
Brightek Optoelectronic Co Ltd is a Taiwan-based company principally engaged in the manufacturing and trading of optoelectronic components and LED solutions. Its products include LED modules, SMD LEDs, infrared LEDs, automotive LEDs, high-power LEDs, RGB LEDs, ICLEDs, optical sensors, and smart lighting solutions used in automotive, consumer electronics, sensing, and intelligent illumination applications. The company operates geographically across Asia, America, Europe, and other regions, with the majority of its revenue derived from Asia.
83GF Score

Get the complete analysis for TPE:5244

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

NT$36.90
Price
NT$40.99
GF Value