Nidec Chaun-Choung Technology (TPE:6230) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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TPE:6230 Nidec Chaun-Choung Technology Corp TPE:6230
70 GF Score
Price NT$111.00
GF Value NT$147.63
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nidec Chaun-Choung Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidec Chaun-Choung Technology  (TPE:6230) 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.


Nidec Chaun-Choung Technology Cyclically Adjusted PB Ratio Related Terms


Nidec Chaun-Choung Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nidec Chaun-Choung Technology'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.

Nidec Chaun-Choung Technology Cyclically Adjusted PB Ratio Chart

Nidec Chaun-Choung Technology 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 3.51 2.20 2.64 3.23 1.82

Nidec Chaun-Choung Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.07 2.40 1.86 2.20 1.94

TPE:6230 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Nidec Chaun-Choung Technology'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.


Nidec Chaun-Choung Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Nidec Chaun-Choung Technology's Cyclically Adjusted PB Ratio falls into.


TPE:6230
70GF Score
Nidec Chaun-Choung Technology Corp TPE:6230
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nidec Chaun-Choung Technology 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.

Nidec Chaun-Choung Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nidec Chaun-Choung Technology's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=67.251/333.9520*333.9520
=67.251

Current CPI (Jun. 2026) = 333.9520.

Nidec Chaun-Choung Technology Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.053 241.428 56.786
201612 43.802 241.432 60.588
201703 43.824 243.801 60.029
201706 37.838 244.955 51.585
201709 40.276 246.819 54.494
201712 41.679 246.524 56.460
201803 42.677 249.554 57.110
201806 40.640 251.989 53.859
201809 41.776 252.439 55.266
201812 44.454 251.233 59.091
201903 46.751 254.202 61.418
201906 44.465 256.143 57.972
201909 45.895 256.759 59.693
201912 47.011 256.974 61.093
202003 47.302 258.115 61.200
202006 44.123 257.797 57.157
202009 47.465 260.280 60.900
202012 51.107 260.474 65.524
202103 52.852 264.877 66.635
202106 53.015 271.696 65.163
202109 53.155 274.310 64.712
202112 54.065 278.802 64.760
202203 55.397 287.504 64.347
202206 56.396 296.311 63.560
202209 60.019 296.808 67.530
202212 62.060 296.797 69.829
202303 63.377 301.836 70.120
202306 63.305 305.109 69.289
202309 67.284 307.789 73.003
202312 66.426 306.746 72.317
202403 68.446 312.332 73.184
202406 68.455 314.175 72.764
202409 68.700 315.301 72.764
202412 69.474 315.605 73.513
202503 69.807 319.799 72.896
202506 64.606 322.561 66.888
202509 64.809 324.800 66.635
202512 66.423 324.054 68.452
202603 67.076 330.213 67.836
202606 67.251 333.952 67.251

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.

Is Nidec Chaun-Choung Technology (TPE:6230) Overvalued in 2026?

Based on GuruFocus' analysis, Nidec Chaun-Choung Technology stock appears to be undervalued. The current stock price of NT$111.00 is trading 24.8% below its estimated GF Value™ of NT$147.63. GuruFocus considers Nidec Chaun-Choung Technology to be Modestly Undervalued.

Key valuation signals for TPE:6230:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$147.63 vs. price of NT$111.00 (24.8% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the TPE:6230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nidec Chaun-Choung Technology Business Description

Address No. 184-3, Zhongxing North Street, Sanchong District, New Taipei, TWN, 241
Nidec Chaun-Choung Technology Corp is engaged in the manufacturing and merchandising of vapor chambers; heat pipes and thermal modules. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Singapore; Taiwan; Malaysia and other countries. It generates maximum revenue from a thermal module.
70GF Score

Get the complete analysis for TPE:6230

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

NT$111.00
Price
NT$147.63
GF Value