Metaage (TPE:6112) Cyclically Adjusted PB Ratio: 1.86 (As of Aug. 13, 2026) — Near Median

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TPE:6112 Metaage Corp TPE:6112
75 GF Score
Price NT$46.55
GF Value NT$67.62
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Metaage Cyclically Adjusted PB Ratio?

Metaage TPE:6112 +0.87% 75 Cyclically Adjusted PB Ratio is 1.86 as of Aug. 13, 2026, which is 7% below its 10-year median of 2.01. GuruFocus rates TPE:6112 with a GF Score™ of 75/100 and a GF Value™ of NT$67.62 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,551 Software companies, Metaage ranks better than 58.09% on this metric.

As of today (2026-08-13), Metaage's current share price is NT$46.55. Metaage's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$25.01. Metaage's Cyclically Adjusted PB Ratio for today is 1.86.

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

TPE:6112' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.01   Max: 3.23
Current: 1.84

During the past years, Metaage's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 1.40. And the median was 2.01.

TPE:6112's Cyclically Adjusted PB Ratio is ranked better than
58.09% of 1551 companies
in the Software industry
Industry Median: 2.31 vs TPE:6112: 1.84

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.

Metaage's adjusted book value per share data for the three months ended in Mar. 2026 was NT$21.346. 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$25.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metaage  (TPE:6112) 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.


Metaage Cyclically Adjusted PB Ratio Related Terms


Metaage Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metaage'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.

Metaage Cyclically Adjusted PB Ratio Chart

Metaage 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 1.92 1.47 3.00 2.12 1.87

Metaage 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 1.97 2.10 2.10 1.87 1.69

TPE:6112 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Metaage'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.


Metaage Cyclically Adjusted PB Ratio vs Software Industry

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

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


TPE:6112
75GF Score
Metaage Corp TPE:6112
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metaage 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.

Metaage's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.55/25.01
=1.86

* 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.

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

For example, Metaage'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)
=21.346/330.2130*330.2130
=21.346

Current CPI (Mar. 2026) = 330.2130.

Metaage Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.326 241.018 22.368
201609 16.860 241.428 23.060
201612 17.407 241.432 23.808
201703 19.477 243.801 26.380
201706 17.248 244.955 23.251
201709 17.864 246.819 23.900
201712 18.522 246.524 24.810
201803 19.278 249.554 25.509
201806 18.578 251.989 24.345
201809 18.353 252.439 24.007
201812 19.350 251.233 25.433
201903 20.001 254.202 25.982
201906 19.449 256.143 25.073
201909 22.280 256.759 28.654
201912 22.759 256.974 29.245
202003 23.391 258.115 29.925
202006 21.240 257.797 27.206
202009 21.972 260.280 27.876
202012 23.114 260.474 29.303
202103 21.129 264.877 26.341
202106 21.632 271.696 26.291
202109 22.248 274.310 26.782
202112 23.196 278.802 27.473
202203 20.948 287.504 24.060
202206 21.335 296.311 23.776
202209 22.023 296.808 24.502
202212 25.203 296.797 28.041
202303 21.614 301.836 23.646
202306 22.422 305.109 24.267
202309 23.307 307.789 25.005
202312 23.631 306.746 25.439
202403 22.235 312.332 23.508
202406 22.559 314.175 23.711
202409 22.488 315.301 23.552
202412 21.628 315.605 22.629
202503 21.378 319.799 22.074
202506 21.361 322.561 21.868
202509 22.184 324.800 22.554
202512 22.865 324.054 23.300
202603 21.346 330.213 21.346

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 1.86 mean?
Metaage (TPE:6112) has a Cyclically Adjusted PB Ratio of 1.86 as of Aug. 13, 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 Metaage and its competitors. This is near median its historical median of 2.01. Over the past decade, Metaage's Cyclically Adjusted PB Ratio has ranged from 1.40 to 3.23. According to the industry distribution chart, Metaage ranks #650 out of 1551 companies in the Software industry, placing it in the top 41.9%.
Is Metaage's Cyclically Adjusted PB Ratio too high?
Metaage's current Cyclically Adjusted PB Ratio of 1.86 is near median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 3.23. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Metaage's value of 1.86 is 19.5% below this industry median. Based on the distribution chart, Metaage ranks #650 out of 1551 companies in the Software industry, which is above the industry midpoint. Overall, Metaage has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metaage's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Metaage ranks #650 out of 1551 companies for Cyclically Adjusted PB Ratio. This puts Metaage in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Metaage's value of 1.86 is 19.5% below this benchmark. Historically, Metaage's own Cyclically Adjusted PB Ratio has ranged from 1.40 to 3.23 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.31, Metaage 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,551 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. Metaage's current Cyclically Adjusted PB Ratio of 1.86 is 19.5% 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 Metaage and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metaage's current Cyclically Adjusted PB Ratio is 1.86, which is near median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metaage stock overvalued right now?
Based on GuruFocus' analysis, Metaage (TPE:6112) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$67.62, compared to a current price of NT$46.55 — trading 31.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.86, which is near median its 10-year median of 2.01 and 19.5% below the Software industry median of 2.31. Metaage's overall GF Score™ is 75/100 with 4 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 Metaage (TPE:6112), the current Cyclically Adjusted PB Ratio is 1.86 as of Aug. 13, 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 Metaage (TPE:6112) Overvalued in 2026?

Based on GuruFocus' analysis, Metaage stock appears to be undervalued. The current stock price of NT$46.55 is trading 31.2% below its estimated GF Value™ of NT$67.62. GuruFocus considers Metaage to be Significantly Undervalued.

Key valuation signals for TPE:6112:

  • Cyclically Adjusted PB Ratio: 1.86 (near median its 10-year median of 2.01)
  • GF Value™: NT$67.62 vs. price of NT$46.55 (31.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 19.5% below the Software median (#650 of 1551)

No single metric tells the full story. See the TPE:6112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metaage Business Description

Address No.516, Neihu Road, 10th Floor, Section 1, Neihu District, Taipei, TWN, 114006
Metaage Corp is engaged in the distribution and reselling of products and software and hardware equipment of ICT infrastructure from Cisco and other companies, Computing & Data Utilization from Dell and other companies, Digitalization from Redhat, Oracle, and other companies, cloud software and services from Google and other companies. The group provides integrated planning for the products it sells including related services of consulting, education, and training as well as research, development of software of information applications, services and sales business.
75GF Score

Get the complete analysis for TPE:6112

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

NT$46.55
Price
NT$67.62
GF Value