Fullerton Technology Co (TPE:6136) Cyclically Adjusted PB Ratio: 0.80 (As of Jul. 26, 2026) — 23% Above Median

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TPE:6136 Fullerton Technology Co Ltd TPE:6136
76 GF Score
Price NT$24.40
GF Value NT$29.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fullerton Technology Co Cyclically Adjusted PB Ratio?

Fullerton Technology Co TPE:6136 -0.41% 76 Cyclically Adjusted PB Ratio is 0.80 as of Jul. 26, 2026, which is 23% above its 10-year median of 0.65. GuruFocus rates TPE:6136 with a GF Score™ of 76/100 and a GF Value™ of NT$29.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 711 Media - Diversified companies, Fullerton Technology Co ranks better than 57.1% on this metric.

As of today (2026-07-26), Fullerton Technology Co's current share price is NT$24.40. Fullerton Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$30.34. Fullerton Technology Co's Cyclically Adjusted PB Ratio for today is 0.80.

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

TPE:6136' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.65   Max: 0.92
Current: 0.8

During the past years, Fullerton Technology Co's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.51. And the median was 0.65.

TPE:6136's Cyclically Adjusted PB Ratio is ranked better than
57.1% of 711 companies
in the Media - Diversified industry
Industry Median: 0.97 vs TPE:6136: 0.80

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.

Fullerton Technology Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$27.490. 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$30.34 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fullerton Technology Co  (TPE:6136) 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.


Fullerton Technology Co Cyclically Adjusted PB Ratio Related Terms


Fullerton Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fullerton Technology 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.

Fullerton Technology Co Cyclically Adjusted PB Ratio Chart

Fullerton Technology 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 0.67 0.61 0.75 0.75 0.80

Fullerton Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.75 0.78 0.78 0.77 0.80

TPE:6136 vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Fullerton Technology 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.


Fullerton Technology Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fullerton Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:6136
76GF Score
Fullerton Technology Co Ltd TPE:6136
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fullerton Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.40/30.34
=0.80

* 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.

Fullerton Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Fullerton Technology Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=27.49/324.0540*324.0540
=27.490

Current CPI (Dec. 2025) = 324.0540.

Fullerton Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 25.799 238.132 35.108
201606 25.062 241.018 33.696
201609 25.856 241.428 34.705
201612 26.207 241.432 35.175
201703 26.171 243.801 34.786
201706 25.156 244.955 33.279
201709 25.911 246.819 34.019
201712 25.516 246.524 33.541
201803 25.083 249.554 32.571
201806 25.168 251.989 32.366
201809 24.047 252.439 30.869
201812 22.602 251.233 29.153
201903 23.679 254.202 30.186
201906 22.238 256.143 28.134
201909 22.311 256.759 28.159
201912 22.448 256.974 28.308
202003 19.819 258.115 24.882
202006 20.991 257.797 26.386
202009 21.596 260.280 26.887
202012 22.766 260.474 28.323
202103 23.344 264.877 28.559
202106 23.913 271.696 28.521
202109 23.911 274.310 28.247
202112 26.128 278.802 30.369
202203 25.861 287.504 29.149
202206 25.552 296.311 27.944
202209 24.281 296.808 26.510
202212 24.702 296.797 26.971
202303 24.113 301.836 25.888
202306 25.531 305.109 27.116
202309 28.634 307.789 30.147
202312 33.226 306.746 35.101
202403 35.985 312.332 37.336
202406 34.422 314.175 35.504
202409 31.410 315.301 32.282
202412 30.082 315.605 30.887
202503 27.139 319.799 27.500
202506 28.497 322.561 28.629
202509 29.034 324.800 28.967
202512 27.490 324.054 27.490

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 0.80 mean?
Fullerton Technology Co (TPE:6136) has a Cyclically Adjusted PB Ratio of 0.80 as of Jul. 26, 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 Fullerton Technology Co and its competitors. This is 23% above median its historical median of 0.65. Over the past decade, Fullerton Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.51 to 0.92. According to the industry distribution chart, Fullerton Technology Co ranks #305 out of 711 companies in the Media - Diversified industry, placing it in the top 42.9%.
Is Fullerton Technology Co's Cyclically Adjusted PB Ratio too high?
Fullerton Technology Co's current Cyclically Adjusted PB Ratio of 0.80 is 23% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.92. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. Fullerton Technology Co's value of 0.80 is 17.5% below this industry median. Based on the distribution chart, Fullerton Technology Co ranks #305 out of 711 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Fullerton Technology Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fullerton Technology Co's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Fullerton Technology Co ranks #305 out of 711 companies for Cyclically Adjusted PB Ratio. This puts Fullerton Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Fullerton Technology Co's value of 0.80 is 17.5% below this benchmark. Historically, Fullerton Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 0.92 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.97, Fullerton Technology Co 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 711 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. Fullerton Technology Co's current Cyclically Adjusted PB Ratio of 0.80 is 17.5% 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 Fullerton Technology Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fullerton Technology Co's current Cyclically Adjusted PB Ratio is 0.80, which is 23% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fullerton Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Fullerton Technology Co (TPE:6136) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$29.28, compared to a current price of NT$24.40 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is 23% above median its 10-year median of 0.65 and 17.5% below the Media - Diversified industry median of 0.97. Fullerton Technology Co's overall GF Score™ is 76/100 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 Fullerton Technology Co (TPE:6136), the current Cyclically Adjusted PB Ratio is 0.80 as of Jul. 26, 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 Fullerton Technology Co (TPE:6136) Overvalued in 2026?

Based on GuruFocus' analysis, Fullerton Technology Co stock appears to be undervalued. The current stock price of NT$24.40 is trading 16.7% below its estimated GF Value™ of NT$29.28. GuruFocus considers Fullerton Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:6136:

  • Cyclically Adjusted PB Ratio: 0.80 (23% above median its 10-year median of 0.65)
  • GF Value™: NT$29.28 vs. price of NT$24.40 (16.7% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 17.5% below the Media - Diversified median (#305 of 711)

No single metric tells the full story. See the TPE:6136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fullerton Technology Co Business Description

Address No.6-3, Baoqiang Road, 5th Floor, Xindian District, Taipei, TWN, 23144
Fullerton Technology Co Ltd is engaged in communications product development, marketing, and integration services. Its main business items include communication services, entertainment services, online marketing services, sales of electronic components, video and image services. Domestic investments and advertising services, etc.
76GF Score

Get the complete analysis for TPE:6136

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

NT$24.40
Price
NT$29.28
GF Value