Shun On Electronic Co (TPE:6283) Cyclically Adjusted PB Ratio: 1.46 (As of Aug. 05, 2026) — 30% Below Median

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TPE:6283 Shun On Electronic Co Ltd TPE:6283
70 GF Score
Price NT$20.40
GF Value NT$35.40
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Shun On Electronic Co Cyclically Adjusted PB Ratio?

Shun On Electronic Co TPE:6283 +0.25% 70 Cyclically Adjusted PB Ratio is 1.46 as of Aug. 05, 2026, which is 30% below its 10-year median of 2.10. GuruFocus rates TPE:6283 with a GF Score™ of 70/100 and a GF Value™ of NT$35.40 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,968 Hardware companies, Shun On Electronic Co ranks better than 60.32% on this metric.

As of today (2026-08-05), Shun On Electronic Co's current share price is NT$20.40. Shun On Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$13.99. Shun On Electronic Co's Cyclically Adjusted PB Ratio for today is 1.46.

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

TPE:6283' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.1   Max: 4.57
Current: 1.41

During the past years, Shun On Electronic Co's highest Cyclically Adjusted PB Ratio was 4.57. The lowest was 0.83. And the median was 2.10.

TPE:6283's Cyclically Adjusted PB Ratio is ranked better than
60.32% of 1968 companies
in the Hardware industry
Industry Median: 2 vs TPE:6283: 1.41

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.

Shun On Electronic Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$11.560. 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$13.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shun On Electronic Co  (TPE:6283) 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.


Shun On Electronic Co Cyclically Adjusted PB Ratio Related Terms


Shun On Electronic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shun On Electronic 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.

Shun On Electronic Co Cyclically Adjusted PB Ratio Chart

Shun On Electronic 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 3.10 2.23 2.05 2.00 1.85

Shun On Electronic Co 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 2.06 1.47 1.78 1.85 1.42

TPE:6283 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Shun On Electronic 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.


Shun On Electronic Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Shun On Electronic Co's Cyclically Adjusted PB Ratio falls into.


TPE:6283
70GF Score
Shun On Electronic Co Ltd TPE:6283
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shun On Electronic 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.

Shun On Electronic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.40/13.99
=1.46

* 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.

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

For example, Shun On Electronic Co'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)
=11.56/330.2130*330.2130
=11.560

Current CPI (Mar. 2026) = 330.2130.

Shun On Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.974 241.018 13.665
201609 10.129 241.428 13.854
201612 10.565 241.432 14.450
201703 10.426 243.801 14.121
201706 10.560 244.955 14.235
201709 10.157 246.819 13.589
201712 10.142 246.524 13.585
201803 10.074 249.554 13.330
201806 10.272 251.989 13.461
201809 13.325 252.439 17.430
201812 13.436 251.233 17.660
201903 13.548 254.202 17.599
201906 13.642 256.143 17.587
201909 13.524 256.759 17.393
201912 13.288 256.974 17.075
202003 12.532 258.115 16.033
202006 12.833 257.797 16.438
202009 12.819 260.280 16.263
202012 12.890 260.474 16.341
202103 12.386 264.877 15.441
202106 11.960 271.696 14.536
202109 11.489 274.310 13.830
202112 12.388 278.802 14.672
202203 12.462 287.504 14.313
202206 12.351 296.311 13.764
202209 12.156 296.808 13.524
202212 11.804 296.797 13.133
202303 11.480 301.836 12.559
202306 11.220 305.109 12.143
202309 11.359 307.789 12.187
202312 10.589 306.746 11.399
202403 10.828 312.332 11.448
202406 10.874 314.175 11.429
202409 10.629 315.301 11.132
202412 11.885 315.605 12.435
202503 11.911 319.799 12.299
202506 10.451 322.561 10.699
202509 11.097 324.800 11.282
202512 11.356 324.054 11.572
202603 11.560 330.213 11.560

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 1.46 mean?
Shun On Electronic Co (TPE:6283) has a Cyclically Adjusted PB Ratio of 1.46 as of Aug. 05, 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 Shun On Electronic Co and its competitors. This is 30% below median its historical median of 2.10. Over the past decade, Shun On Electronic Co's Cyclically Adjusted PB Ratio has ranged from 0.83 to 4.57. According to the industry distribution chart, Shun On Electronic Co ranks #781 out of 1968 companies in the Hardware industry, placing it in the top 39.7%.
Is Shun On Electronic Co's Cyclically Adjusted PB Ratio too high?
Shun On Electronic Co's current Cyclically Adjusted PB Ratio of 1.46 is 30% below median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 4.57. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Shun On Electronic Co's value of 1.46 is 27% below this industry median. Based on the distribution chart, Shun On Electronic Co ranks #781 out of 1968 companies in the Hardware industry, which is above the industry midpoint. Overall, Shun On Electronic Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shun On Electronic Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shun On Electronic Co ranks #781 out of 1968 companies for Cyclically Adjusted PB Ratio. This puts Shun On Electronic Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Shun On Electronic Co's value of 1.46 is 27% below this benchmark. Historically, Shun On Electronic Co's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 4.57 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 2.00, Shun On Electronic 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,968 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. Shun On Electronic Co's current Cyclically Adjusted PB Ratio of 1.46 is 27% 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 Shun On Electronic Co 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. Shun On Electronic Co's current Cyclically Adjusted PB Ratio is 1.46, which is 30% below median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shun On Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shun On Electronic Co (TPE:6283) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$35.40, compared to a current price of NT$20.40 — trading 42.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is 30% below median its 10-year median of 2.10 and 27% below the Hardware industry median of 2.00. Shun On Electronic Co's overall GF Score™ is 70/100 with 1 warning sign 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 Shun On Electronic Co (TPE:6283), the current Cyclically Adjusted PB Ratio is 1.46 as of Aug. 05, 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 Shun On Electronic Co (TPE:6283) Overvalued in 2026?

Based on GuruFocus' analysis, Shun On Electronic Co stock appears to be undervalued. The current stock price of NT$20.40 is trading 42.4% below its estimated GF Value™ of NT$35.40. GuruFocus considers Shun On Electronic Co to be Significantly Undervalued.

Key valuation signals for TPE:6283:

  • Cyclically Adjusted PB Ratio: 1.46 (30% below median its 10-year median of 2.10)
  • GF Value™: NT$35.40 vs. price of NT$20.40 (42.4% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 27% below the Hardware median (#781 of 1968)

No single metric tells the full story. See the TPE:6283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shun On Electronic Co Business Description

Address Lane 146, Xinhu 2nd Road, 2nd floor, No. 19, Neihu District, Taipei, TWN, 11494
Shun On Electronic Co Ltd is a Taiwan-based company engaged in the research, manufacturing, and sales of intelligent products, including conductive films and automotive electronic products. The company has two operating segments namely, Intelligent manufacturing and Special vehicles. It offers keyboard membranes, overlays and domes, keypads, analog cameras for vehicles, and touch keys for mobile phones among other products. Geographically, the company operates predominantly in Mainland China.
70GF Score

Get the complete analysis for TPE:6283

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

NT$20.40
Price
NT$35.40
GF Value