AiPlex (TPE:6225) Cyclically Adjusted PB Ratio: 21.72 (As of Aug. 12, 2026) — 442% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TPE:6225 AiPlex Corp TPE:6225
64 GF Score
Price NT$33.45
GF Value NT$14.08
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is AiPlex Cyclically Adjusted PB Ratio?

AiPlex TPE:6225 +9.93% 64 Cyclically Adjusted PB Ratio is 21.72 as of Aug. 12, 2026, which is 442% above its 10-year median of 4.01. GuruFocus rates TPE:6225 with a GF Score™ of 64/100 and a GF Value™ of NT$14.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,965 Hardware companies, AiPlex ranks worse than 95.22% on this metric.

As of today (2026-08-12), AiPlex's current share price is NT$33.45. AiPlex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$1.54. AiPlex's Cyclically Adjusted PB Ratio for today is 21.72.

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

TPE:6225' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 4.01   Max: 16.82
Current: 16.82

During the past years, AiPlex's highest Cyclically Adjusted PB Ratio was 16.82. The lowest was 0.45. And the median was 4.01.

TPE:6225's Cyclically Adjusted PB Ratio is ranked worse than
95.22% of 1965 companies
in the Hardware industry
Industry Median: 2.07 vs TPE:6225: 16.82

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.

AiPlex's adjusted book value per share data for the three months ended in Mar. 2026 was NT$2.982. 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$1.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AiPlex  (TPE:6225) 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.


AiPlex Cyclically Adjusted PB Ratio Related Terms


AiPlex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AiPlex'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.

AiPlex Cyclically Adjusted PB Ratio Chart

AiPlex 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 2.21 3.95 7.99 10.94 12.32

AiPlex 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 9.79 8.39 11.28 12.32 12.18

TPE:6225 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, AiPlex'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.


AiPlex Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6225
64GF Score
AiPlex Corp TPE:6225
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AiPlex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.45/1.54
=21.72

* 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.

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

For example, AiPlex'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)
=2.982/330.2130*330.2130
=2.982

Current CPI (Mar. 2026) = 330.2130.

AiPlex Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.284 241.018 0.389
201609 0.414 241.428 0.566
201612 0.307 241.432 0.420
201703 0.220 243.801 0.298
201706 0.229 244.955 0.309
201709 0.313 246.819 0.419
201712 0.280 246.524 0.375
201803 0.105 249.554 0.139
201806 0.183 251.989 0.240
201809 0.303 252.439 0.396
201812 0.394 251.233 0.518
201903 0.159 254.202 0.207
201906 0.291 256.143 0.375
201909 0.644 256.759 0.828
201912 0.440 256.974 0.565
202003 1.010 258.115 1.292
202006 0.900 257.797 1.153
202009 0.863 260.280 1.095
202012 0.814 260.474 1.032
202103 0.734 264.877 0.915
202106 0.639 271.696 0.777
202109 0.576 274.310 0.693
202112 0.626 278.802 0.741
202203 0.607 287.504 0.697
202206 0.501 296.311 0.558
202209 0.431 296.808 0.480
202212 3.114 296.797 3.465
202303 3.083 301.836 3.373
202306 3.103 305.109 3.358
202309 3.084 307.789 3.309
202312 3.428 306.746 3.690
202403 3.473 312.332 3.672
202406 3.106 314.175 3.265
202409 3.026 315.301 3.169
202412 3.219 315.605 3.368
202503 3.073 319.799 3.173
202506 3.125 322.561 3.199
202509 3.002 324.800 3.052
202512 3.114 324.054 3.173
202603 2.982 330.213 2.982

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 21.72 mean?
AiPlex (TPE:6225) has a Cyclically Adjusted PB Ratio of 21.72 as of Aug. 12, 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 AiPlex and its competitors. This is 442% above median its historical median of 4.01. Over the past decade, AiPlex's Cyclically Adjusted PB Ratio has ranged from 0.45 to 16.82. According to the industry distribution chart, AiPlex ranks #1871 out of 1965 companies in the Hardware industry, placing it in the top 95.2%.
Is AiPlex's Cyclically Adjusted PB Ratio too high?
AiPlex's current Cyclically Adjusted PB Ratio of 21.72 is 442% above median its 10-year median of 4.01. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 16.82. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. AiPlex's value of 21.72 is 949.3% above this industry median. Based on the distribution chart, AiPlex ranks #1871 out of 1965 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, AiPlex has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AiPlex's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, AiPlex ranks #1871 out of 1965 companies for Cyclically Adjusted PB Ratio. This places AiPlex in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. AiPlex's value of 21.72 is 949.3% above this benchmark. Historically, AiPlex's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 16.82 over the past decade. While the company's 10-year median is 4.01 vs. the industry median of 2.07, AiPlex 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 1,965 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. AiPlex's current Cyclically Adjusted PB Ratio of 21.72 is 949.3% 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 AiPlex 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. AiPlex's current Cyclically Adjusted PB Ratio is 21.72, which is 442% above median its own 10-year median of 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AiPlex stock overvalued right now?
Based on GuruFocus' analysis, AiPlex (TPE:6225) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.08, compared to a current price of NT$33.45 — trading 137.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 21.72, which is 442% above median its 10-year median of 4.01 and 949.3% above the Hardware industry median of 2.07. AiPlex's overall GF Score™ is 64/100 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 AiPlex (TPE:6225), the current Cyclically Adjusted PB Ratio is 21.72 as of Aug. 12, 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 AiPlex (TPE:6225) Overvalued in 2026?

Based on GuruFocus' analysis, AiPlex stock appears to be overvalued. The current stock price of NT$33.45 is trading 137.6% above its estimated GF Value™ of NT$14.08. GuruFocus considers AiPlex to be Significantly Overvalued.

Key valuation signals for TPE:6225:

  • Cyclically Adjusted PB Ratio: 21.72 (442% above median its 10-year median of 4.01)
  • GF Value™: NT$14.08 vs. price of NT$33.45 (137.6% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 949.3% above the Hardware median (#1871 of 1965)

No single metric tells the full story. See the TPE:6225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AiPlex Business Description

Address Chang’an East Road, 9th Floor-1, No. 215, Sec. 2, Songshan District, Taipei, TWN, 10552
AiPlex Corp, formerly Aiptek International Inc is mainly engaged in the manufacture of digital cameras, driving recorders, and miniature projectors. The Company and its subsidiaries are mainly engaged in the business of digital cameras, car recorders, and micro projectors. The company's product portfolio includes 3D products, projectors, car recorders, DVs, e-books, digital picture frames, and tablets.
64GF Score

Get the complete analysis for TPE:6225

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

NT$33.45
Price
NT$14.08
GF Value