King Core Electronics (TPE:6155) Cyclically Adjusted PB Ratio: 2.55 (As of Aug. 03, 2026) — 90% Above Median

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TPE:6155 King Core Electronics Inc TPE:6155
62 GF Score
Price NT$51.20
GF Value NT$29.15
Valuation Significantly Overvalued
! 5 Warning Signs
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What is King Core Electronics Cyclically Adjusted PB Ratio?

King Core Electronics TPE:6155 +9.87% 62 Cyclically Adjusted PB Ratio is 2.55 as of Aug. 03, 2026, which is 90% above its 10-year median of 1.34. GuruFocus rates TPE:6155 with a GF Score™ of 62/100 and a GF Value™ of NT$29.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,972 Hardware companies, King Core Electronics ranks worse than 59.43% on this metric.

As of today (2026-08-03), King Core Electronics's current share price is NT$51.20. King Core Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$20.08. King Core Electronics's Cyclically Adjusted PB Ratio for today is 2.55.

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

TPE:6155' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.34   Max: 4.91
Current: 2.55

During the past years, King Core Electronics's highest Cyclically Adjusted PB Ratio was 4.91. The lowest was 0.96. And the median was 1.34.

TPE:6155's Cyclically Adjusted PB Ratio is ranked worse than
59.43% of 1972 companies
in the Hardware industry
Industry Median: 2 vs TPE:6155: 2.55

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.

King Core Electronics's adjusted book value per share data for the three months ended in Mar. 2026 was NT$18.245. 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$20.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Core Electronics  (TPE:6155) 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.


King Core Electronics Cyclically Adjusted PB Ratio Related Terms


King Core Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for King Core Electronics'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.

King Core Electronics Cyclically Adjusted PB Ratio Chart

King Core Electronics 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 1.33 1.25 1.35 1.32 2.22

King Core Electronics 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 1.16 1.12 1.25 2.22 2.19

TPE:6155 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, King Core Electronics'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.


King Core Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6155
62GF Score
King Core Electronics Inc TPE:6155
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King Core Electronics 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.

King Core Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.20/20.08
=2.55

* 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.

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

For example, King Core Electronics'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)
=18.245/330.2130*330.2130
=18.245

Current CPI (Mar. 2026) = 330.2130.

King Core Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.090 241.018 22.045
201609 16.113 241.428 22.039
201612 16.304 241.432 22.299
201703 15.851 243.801 21.469
201706 15.389 244.955 20.745
201709 15.851 246.819 21.207
201712 15.799 246.524 21.162
201803 15.818 249.554 20.931
201806 16.083 251.989 21.076
201809 16.220 252.439 21.217
201812 16.214 251.233 21.311
201903 16.734 254.202 21.738
201906 16.197 256.143 20.881
201909 16.463 256.759 21.173
201912 16.591 256.974 21.320
202003 16.051 258.115 20.534
202006 15.511 257.797 19.868
202009 15.797 260.280 20.041
202012 16.299 260.474 20.663
202103 16.560 264.877 20.645
202106 15.966 271.696 19.405
202109 15.940 274.310 19.188
202112 16.361 278.802 19.378
202203 17.047 287.504 19.579
202206 16.484 296.311 18.370
202209 17.434 296.808 19.396
202212 17.604 296.797 19.586
202303 17.952 301.836 19.640
202306 17.139 305.109 18.549
202309 17.405 307.789 18.673
202312 17.203 306.746 18.519
202403 17.668 312.332 18.679
202406 17.841 314.175 18.752
202409 18.778 315.301 19.666
202412 19.304 315.605 20.197
202503 19.769 319.799 20.413
202506 17.442 322.561 17.856
202509 18.017 324.800 18.317
202512 18.045 324.054 18.388
202603 18.245 330.213 18.245

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 2.55 mean?
King Core Electronics (TPE:6155) has a Cyclically Adjusted PB Ratio of 2.55 as of Aug. 03, 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 King Core Electronics and its competitors. This is 90% above median its historical median of 1.34. Over the past decade, King Core Electronics' Cyclically Adjusted PB Ratio has ranged from 0.96 to 4.91. According to the industry distribution chart, King Core Electronics ranks #1172 out of 1972 companies in the Hardware industry, placing it in the top 59.4%.
Is King Core Electronics' Cyclically Adjusted PB Ratio too high?
King Core Electronics' current Cyclically Adjusted PB Ratio of 2.55 is 90% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 4.91. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. King Core Electronics' value of 2.55 is 27.5% above this industry median. Based on the distribution chart, King Core Electronics ranks #1172 out of 1972 companies in the Hardware industry, which is below the industry midpoint. Overall, King Core Electronics has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Core Electronics' Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, King Core Electronics ranks #1172 out of 1972 companies for Cyclically Adjusted PB Ratio. This places King Core Electronics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. King Core Electronics' value of 2.55 is 27.5% above this benchmark. Historically, King Core Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.96 to 4.91 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 2.00, King Core Electronics 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 2.00, based on 1,972 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. King Core Electronics's current Cyclically Adjusted PB Ratio of 2.55 is 27.5% 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 King Core Electronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Core Electronics's current Cyclically Adjusted PB Ratio is 2.55, which is 90% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Core Electronics stock overvalued right now?
Based on GuruFocus' analysis, King Core Electronics (TPE:6155) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.15, compared to a current price of NT$51.20 — trading 75.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.55, which is 90% above median its 10-year median of 1.34 and 27.5% above the Hardware industry median of 2.00. King Core Electronics' overall GF Score™ is 62/100 with 5 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 King Core Electronics (TPE:6155), the current Cyclically Adjusted PB Ratio is 2.55 as of Aug. 03, 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 King Core Electronics (TPE:6155) Overvalued in 2026?

Based on GuruFocus' analysis, King Core Electronics stock appears to be overvalued. The current stock price of NT$51.20 is trading 75.6% above its estimated GF Value™ of NT$29.15. GuruFocus considers King Core Electronics to be Significantly Overvalued.

Key valuation signals for TPE:6155:

  • Cyclically Adjusted PB Ratio: 2.55 (90% above median its 10-year median of 1.34)
  • GF Value™: NT$29.15 vs. price of NT$51.20 (75.6% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 27.5% above the Hardware median (#1172 of 1972)

No single metric tells the full story. See the TPE:6155 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Core Electronics Business Description

Address No.269, Nanfeng Road, Pingzhen District, Taoyuan, TWN, 324
King Core Electronics Inc is a manufacturer and service provider of inductance components and electromagnetic interference countermeasures. The company manufactures soft ferrites, magnetic core Flyback converters, convergence coils, delay-line filtering, electromagnetic components, micro coil, common mode choke, other coils, multilayer chip inductors, bead core/ chip beads, bead array, high-frequency ceramic chip inductors, telecommunications inductor and electromagnetic interference (EMI), converters and sales of the mentioned products. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan, and other countries.
62GF Score

Get the complete analysis for TPE:6155

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

NT$51.20
Price
NT$29.15
GF Value