WNC (TPE:6285) Cyclically Adjusted PB Ratio: 3.99 (As of Aug. 01, 2026) — 81% Above Median

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TPE:6285 WNC Corp TPE:6285
59 GF Score
Price NT$222.00
! 4 Warning Signs
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What is WNC Cyclically Adjusted PB Ratio?

WNC TPE:6285 +8.82% 59 Cyclically Adjusted PB Ratio is 3.99 as of Aug. 01, 2026, which is 81% above its 10-year median of 2.21. GuruFocus rates TPE:6285 with a GF Score™ of 59/100. The stock has 4 warning signs investors should review. Among 1,974 Hardware companies, WNC ranks worse than 77.25% on this metric.

As of today (2026-08-01), WNC's current share price is NT$222.00. WNC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$55.67. WNC's Cyclically Adjusted PB Ratio for today is 3.99.

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

TPE:6285' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.21   Max: 5.73
Current: 4.48

During the past years, WNC's highest Cyclically Adjusted PB Ratio was 5.73. The lowest was 1.42. And the median was 2.21.

TPE:6285's Cyclically Adjusted PB Ratio is ranked worse than
77.25% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs TPE:6285: 4.48

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.

WNC's adjusted book value per share data for the three months ended in Mar. 2026 was NT$72.316. 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$55.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WNC  (TPE:6285) 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.


WNC Cyclically Adjusted PB Ratio Related Terms


WNC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WNC'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.

WNC Cyclically Adjusted PB Ratio Chart

WNC 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 1.97 1.80 3.37 2.73 1.83

WNC 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 2.70 2.31 2.18 1.83 3.05

TPE:6285 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, WNC'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.


WNC Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6285
59GF Score
WNC Corp TPE:6285
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WNC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=222.00/55.67
=3.99

* 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.

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

For example, WNC'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)
=72.316/330.2130*330.2130
=72.316

Current CPI (Mar. 2026) = 330.2130.

WNC Quarterly Data

Book Value per Share CPI Adj_Book
201606 32.607 241.018 44.674
201609 34.209 241.428 46.789
201612 34.998 241.432 47.868
201703 35.990 243.801 48.746
201706 34.519 244.955 46.534
201709 36.530 246.819 48.873
201712 37.426 246.524 50.131
201803 38.459 249.554 50.889
201806 36.076 251.989 47.275
201809 37.225 252.439 48.694
201812 41.736 251.233 54.857
201903 41.590 254.202 54.026
201906 38.858 256.143 50.095
201909 39.969 256.759 51.403
201912 40.774 256.974 52.395
202003 40.901 258.115 52.326
202006 40.102 257.797 51.367
202009 40.391 260.280 51.243
202012 41.561 260.474 52.688
202103 42.475 264.877 52.952
202106 40.497 271.696 49.219
202109 41.080 274.310 49.452
202112 42.212 278.802 49.996
202203 43.694 287.504 50.185
202206 42.980 296.311 47.897
202209 46.384 296.808 51.604
202212 50.633 296.797 56.334
202303 52.901 301.836 57.874
202306 53.089 305.109 57.457
202309 59.955 307.789 64.323
202312 63.202 306.746 68.037
202403 67.186 312.332 71.032
202406 62.459 314.175 65.647
202409 63.373 315.301 66.370
202412 65.919 315.605 68.970
202503 67.954 319.799 70.167
202506 64.044 322.561 65.563
202509 67.246 324.800 68.367
202512 70.841 324.054 72.187
202603 72.316 330.213 72.316

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 3.99 mean?
WNC (TPE:6285) has a Cyclically Adjusted PB Ratio of 3.99 as of Aug. 01, 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 WNC and its competitors. This is 81% above median its historical median of 2.21. Over the past decade, WNC's Cyclically Adjusted PB Ratio has ranged from 1.42 to 5.73. According to the industry distribution chart, WNC ranks #1525 out of 1974 companies in the Hardware industry, placing it in the top 77.3%.
Is WNC's Cyclically Adjusted PB Ratio too high?
WNC's current Cyclically Adjusted PB Ratio of 3.99 is 81% above median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 5.73. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. WNC's value of 3.99 is 100.5% above this industry median. Based on the distribution chart, WNC ranks #1525 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, WNC has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does WNC's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, WNC ranks #1525 out of 1974 companies for Cyclically Adjusted PB Ratio. This places WNC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. WNC's value of 3.99 is 100.5% above this benchmark. Historically, WNC's own Cyclically Adjusted PB Ratio has ranged from 1.42 to 5.73 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.99, WNC 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 1.99, based on 1,974 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. WNC's current Cyclically Adjusted PB Ratio of 3.99 is 100.5% 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 WNC and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WNC's current Cyclically Adjusted PB Ratio is 3.99, which is 81% above median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WNC stock overvalued right now?
WNC (TPE:6285) has a current Cyclically Adjusted PB Ratio of 3.99. The current Cyclically Adjusted PB Ratio is 3.99, which is 81% above median its 10-year median of 2.21 and 100.5% above the Hardware industry median of 1.99. WNC's overall GF Score™ is 59/100 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 WNC (TPE:6285), the current Cyclically Adjusted PB Ratio is 3.99 as of Aug. 01, 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.

WNC Business Description

Address 20 Park Avenue II, Hsinchu Science Park, Hsinchu, TWN, 308
WNC Corp is engaged mainly in the research, development, manufacturing and sales of the following products, including wired communication equipment, wireless communication networking equipment, electronic components, regulated telecommunication radio frequency equipment, medical devices, electric power generation, transmission and distribution machinery, satellite communication systems, mobile and portable communication products, products, components, semi-finished products and peripherals of medical testing equipment, medical diagnostic equipment, smart mobile aids, Information and communications technology (ICT) products, software and hardware integration solutions information software services, data processing services, and application services of electronic data supply.
59GF Score

Get the complete analysis for TPE:6285

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

NT$222.00
Price