Caswell (TPE:6416) Cyclically Adjusted PB Ratio: 2.04 (As of Aug. 15, 2026) — 26% Below Median

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TPE:6416 Caswell Inc TPE:6416
70 GF Score
Price NT$93.60
GF Value NT$94.77
Valuation Fairly Valued
! 8 Warning Signs
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What is Caswell Cyclically Adjusted PB Ratio?

Caswell TPE:6416 -4.29% 70 Cyclically Adjusted PB Ratio is 2.04 as of Aug. 15, 2026, which is 26% below its 10-year median of 2.76. GuruFocus rates TPE:6416 with a GF Score™ of 70/100 and a GF Value™ of NT$94.77 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,963 Hardware companies, Caswell ranks worse than 52.17% on this metric.

As of today (2026-08-15), Caswell's current share price is NT$93.60. Caswell's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$45.92. Caswell's Cyclically Adjusted PB Ratio for today is 2.04.

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

TPE:6416' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.76   Max: 4.05
Current: 2.24

During the past years, Caswell's highest Cyclically Adjusted PB Ratio was 4.05. The lowest was 1.74. And the median was 2.76.

TPE:6416's Cyclically Adjusted PB Ratio is ranked worse than
52.17% of 1963 companies
in the Hardware industry
Industry Median: 2.08 vs TPE:6416: 2.24

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.

Caswell's adjusted book value per share data for the three months ended in Mar. 2026 was NT$47.606. 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$45.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caswell  (TPE:6416) 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.


Caswell Cyclically Adjusted PB Ratio Related Terms


Caswell Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Caswell'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.

Caswell Cyclically Adjusted PB Ratio Chart

Caswell 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 0.00 0.00 2.72 2.69 2.04

Caswell 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 2.28 2.08 1.86 2.04 1.69

TPE:6416 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Caswell'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.


Caswell Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6416
70GF Score
Caswell Inc TPE:6416
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caswell 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.60/45.92
=2.04

* 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.

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

For example, Caswell'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)
=47.606/330.2130*330.2130
=47.606

Current CPI (Mar. 2026) = 330.2130.

Caswell Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.352 241.018 27.884
201609 0.000 241.428 0.000
201612 22.848 241.432 31.250
201703 0.000 243.801 0.000
201706 20.288 244.955 27.349
201709 21.875 246.819 29.266
201712 23.407 246.524 31.353
201803 24.720 249.554 32.710
201806 33.851 251.989 44.359
201809 35.315 252.439 46.195
201812 36.402 251.233 47.846
201903 37.466 254.202 48.669
201906 34.397 256.143 44.344
201909 35.690 256.759 45.900
201912 37.233 256.974 47.845
202003 38.792 258.115 49.628
202006 40.162 257.797 51.444
202009 41.081 260.280 52.119
202012 42.239 260.474 53.548
202103 43.388 264.877 54.090
202106 43.983 271.696 53.456
202109 40.877 274.310 49.208
202112 41.636 278.802 49.314
202203 42.697 287.504 49.040
202206 42.335 296.311 47.179
202209 44.339 296.808 49.329
202212 45.634 296.797 50.772
202303 43.441 301.836 47.525
202306 44.695 305.109 48.372
202309 45.819 307.789 49.157
202312 46.374 306.746 49.922
202403 44.551 312.332 47.102
202406 45.814 314.175 48.153
202409 47.200 315.301 49.432
202412 47.939 315.605 50.158
202503 46.197 319.799 47.701
202506 46.437 322.561 47.539
202509 47.561 324.800 48.354
202512 49.006 324.054 49.937
202603 47.606 330.213 47.606

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 2.04 mean?
Caswell (TPE:6416) has a Cyclically Adjusted PB Ratio of 2.04 as of Aug. 15, 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 Caswell and its competitors. This is 26% below median its historical median of 2.76. Over the past decade, Caswell's Cyclically Adjusted PB Ratio has ranged from 1.74 to 4.05. According to the industry distribution chart, Caswell ranks #1024 out of 1963 companies in the Hardware industry, placing it in the top 52.2%.
Is Caswell's Cyclically Adjusted PB Ratio too high?
Caswell's current Cyclically Adjusted PB Ratio of 2.04 is 26% below median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 4.05. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Caswell's value of 2.04 is 1.9% below this industry median. Based on the distribution chart, Caswell ranks #1024 out of 1963 companies in the Hardware industry, which is below the industry midpoint. Overall, Caswell has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caswell's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Caswell ranks #1024 out of 1963 companies for Cyclically Adjusted PB Ratio. This places Caswell in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Caswell's value of 2.04 is 1.9% below this benchmark. Historically, Caswell's own Cyclically Adjusted PB Ratio has ranged from 1.74 to 4.05 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 2.08, Caswell 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 2.08, based on 1,963 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. Caswell's current Cyclically Adjusted PB Ratio of 2.04 is 1.9% 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 Caswell and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caswell's current Cyclically Adjusted PB Ratio is 2.04, which is 26% below median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caswell stock overvalued right now?
Based on GuruFocus' analysis, Caswell (TPE:6416) is currently considered Fairly Valued. The stock's GF Value™ is NT$94.77, compared to a current price of NT$93.60 — trading 1.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.04, which is 26% below median its 10-year median of 2.76 and 1.9% below the Hardware industry median of 2.08. Caswell's overall GF Score™ is 70/100 with 8 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 Caswell (TPE:6416), the current Cyclically Adjusted PB Ratio is 2.04 as of Aug. 15, 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 Caswell (TPE:6416) Overvalued in 2026?

Based on GuruFocus' analysis, Caswell stock appears to be undervalued. The current stock price of NT$93.60 is trading 1.2% below its estimated GF Value™ of NT$94.77. GuruFocus considers Caswell to be Fairly Valued.

Key valuation signals for TPE:6416:

  • Cyclically Adjusted PB Ratio: 2.04 (26% below median its 10-year median of 2.76)
  • GF Value™: NT$94.77 vs. price of NT$93.60 (1.2% below fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 1.9% below the Hardware median (#1024 of 1963)

No single metric tells the full story. See the TPE:6416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caswell Business Description

Address Jianguo 1st Road, 12th Floor, No. 308, Xinzhuang District, New Taipei City, TWN, 242047
Caswell Inc is engaged in electronic components manufacturing, computer and peripheral manufacturing, Equipment Manufacturing, and the wholesale of Electronic Materials and Information Services. Its product categories include Network Security & Management, Edge / Fog Computing, Industrial Control & Automation, Cloud & Data Center Switches, Network Storage, and Network Adapters & Modules. The group has three segments, namely the domestic segment and the PRC segment, which mainly engage in manufacturing and selling various network appliances and peripherals. Its other segment mainly specializes in selling various network appliances and peripherals. It derives revenue from the Taiwan segment.
70GF Score

Get the complete analysis for TPE:6416

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

NT$93.60
Price
NT$94.77
GF Value