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Topco Scientific CoTPE:5434 -0.75%82 Cyclically Adjusted PB Ratio is 7.22 as of Aug. 31, 2026, which is 117% above its 10-year median of 3.33. GuruFocus rates TPE:5434 with a GF Score™ of 82/100 and a GF Value™ of NT$384.01 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,932 Hardware companies, Topco Scientific Co ranks worse than 86.59% on this metric.
The historical rank and industry rank for Topco Scientific Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TPE:5434'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98 Med: 3.33 Max: 7.67
Current: 7.22
During the past years, Topco Scientific Co's highest Cyclically Adjusted PB Ratio was 7.67. The lowest was 1.98. And the median was 3.33.
TPE:5434's Cyclically Adjusted PB Ratio is ranked worse than 86.59% of 1932
companies
in the Hardware industry
Industry Median: 2.07
vs TPE:5434: 7.22
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.
Topco Scientific Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$113.270. 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$73.28 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Topco Scientific Co (TPE:5434) 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.
Topco Scientific Co Cyclically Adjusted PB Ratio Related Terms
Topco Scientific Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Topco Scientific 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.
Topco Scientific Co Cyclically Adjusted PB Ratio Chart
TPE:5434 vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison
For the Electronics & Computer Distribution subindustry, Topco Scientific 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.
Topco Scientific Co Cyclically Adjusted PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Topco Scientific Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Topco Scientific Co's Cyclically Adjusted PB Ratio falls into.
Topco Scientific 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.
Topco Scientific Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 7.22 mean?
Topco Scientific Co (TPE:5434) has a Cyclically Adjusted PB Ratio of 7.22 as of Aug. 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 Topco Scientific Co and its competitors. This is 117% above median its historical median of 3.33. Over the past decade, Topco Scientific Co's Cyclically Adjusted PB Ratio has ranged from 1.98 to 7.67. According to the industry distribution chart, Topco Scientific Co ranks #1673 out of 1932 companies in the Hardware industry, placing it in the top 86.6%.
Is Topco Scientific Co's Cyclically Adjusted PB Ratio too high?
Topco Scientific Co's current Cyclically Adjusted PB Ratio of 7.22 is 117% above median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 7.67. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Topco Scientific Co's value of 7.22 is 248.8% above this industry median. Based on the distribution chart, Topco Scientific Co ranks #1673 out of 1932 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Topco Scientific Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Topco Scientific Co's Cyclically Adjusted PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Topco Scientific Co ranks #1673 out of 1932 companies for Cyclically Adjusted PB Ratio. This places Topco Scientific Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Topco Scientific Co's value of 7.22 is 248.8% above this benchmark. Historically, Topco Scientific Co's own Cyclically Adjusted PB Ratio has ranged from 1.98 to 7.67 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 2.07, Topco Scientific Co 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 2.07, based on 1,932 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. Topco Scientific Co's current Cyclically Adjusted PB Ratio of 7.22 is 248.8% 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 Topco Scientific Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topco Scientific Co's current Cyclically Adjusted PB Ratio is 7.22, which is 117% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topco Scientific Co stock overvalued right now?
Based on GuruFocus' analysis, Topco Scientific Co (TPE:5434) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$384.01, compared to a current price of NT$529.00 — trading 37.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.22, which is 117% above median its 10-year median of 3.33 and 248.8% above the Hardware industry median of 2.07. Topco Scientific Co's overall GF Score™ is 82/100 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 Topco Scientific Co (TPE:5434), the current Cyclically Adjusted PB Ratio is 7.22 as of Aug. 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 Topco Scientific Co (TPE:5434) Overvalued in 2026?
Based on GuruFocus' analysis, Topco Scientific Co stock appears to be overvalued.
The current stock price of NT$529.00 is trading 37.8% above its estimated GF Value™ of NT$384.01.
GuruFocus considers Topco Scientific Co to be Significantly Overvalued.
Key valuation signals for TPE:5434:
Cyclically Adjusted PB Ratio: 7.22 (117% above median its 10-year median of 3.33)
GF Value™: NT$384.01 vs. price of NT$529.00 (37.8% above fair value)
Industry Position: 248.8% above the Hardware median (#1673 of 1932)
No single metric tells the full story. See the TPE:5434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topco Scientific Co Ltd engages in the trading of electronics products, high technology products and related materials and components, pollution prevention equipment; designing and installation of water purification and recycling systems, solar energy materials; providing solar energy system integration services and operation power of solar stations, as well as setting up a sport center that operates and provides sport training programs. The company's reportable segments include the advance material division, the semiconductor and electronics division and the environmental engineering group. The majority of the company's revenue is derived from the semiconductor and electronics division.
82GF Score
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