Aaeon Technology (TPE:6579) Cyclically Adjusted PB Ratio: 2.94 (As of Jul. 28, 2026) — 14% Above Median

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TPE:6579 Aaeon Technology Inc TPE:6579
78 GF Score
Price NT$169.50
GF Value NT$154.62
Valuation Fairly Valued
! 8 Warning Signs
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What is Aaeon Technology Cyclically Adjusted PB Ratio?

Aaeon Technology TPE:6579 -6.09% 78 Cyclically Adjusted PB Ratio is 2.94 as of Jul. 28, 2026, which is 14% above its 10-year median of 2.59. GuruFocus rates TPE:6579 with a GF Score™ of 78/100 and a GF Value™ of NT$154.62 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,977 Hardware companies, Aaeon Technology ranks worse than 65.71% on this metric.

As of today (2026-07-28), Aaeon Technology's current share price is NT$169.50. Aaeon Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$57.70. Aaeon Technology's Cyclically Adjusted PB Ratio for today is 2.94.

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

TPE:6579' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.88   Med: 2.59   Max: 3.52
Current: 3.13

During the past years, Aaeon Technology's highest Cyclically Adjusted PB Ratio was 3.52. The lowest was 1.88. And the median was 2.59.

TPE:6579's Cyclically Adjusted PB Ratio is ranked worse than
65.71% of 1977 companies
in the Hardware industry
Industry Median: 2.02 vs TPE:6579: 3.13

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.

Aaeon Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$61.644. 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$57.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aaeon Technology  (TPE:6579) 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.


Aaeon Technology Cyclically Adjusted PB Ratio Related Terms


Aaeon Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aaeon 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.

Aaeon Technology Cyclically Adjusted PB Ratio Chart

Aaeon 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 0.00 0.00 2.95 2.38 1.88

Aaeon Technology 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 2.41 2.14 2.13 1.88 1.95

TPE:6579 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Aaeon 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.


Aaeon Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6579
78GF Score
Aaeon Technology Inc TPE:6579
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aaeon 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.

Aaeon Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=169.50/57.70
=2.94

* 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.

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

For example, Aaeon Technology'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)
=61.644/330.2130*330.2130
=61.644

Current CPI (Mar. 2026) = 330.2130.

Aaeon Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.641 241.018 33.760
201609 25.856 241.428 35.365
201612 29.970 241.432 40.991
201703 30.482 243.801 41.286
201706 28.029 244.955 37.785
201709 36.089 246.819 48.283
201712 37.360 246.524 50.043
201803 39.802 249.554 52.667
201806 38.138 251.989 49.977
201809 50.286 252.439 65.779
201812 50.613 251.233 66.524
201903 52.042 254.202 67.604
201906 48.537 256.143 62.573
201909 48.951 256.759 62.955
201912 50.040 256.974 64.302
202003 49.662 258.115 63.534
202006 48.425 257.797 62.028
202009 49.391 260.280 62.662
202012 50.300 260.474 63.767
202103 50.589 264.877 63.068
202106 47.823 271.696 58.123
202109 48.410 274.310 58.276
202112 50.437 278.802 59.738
202203 51.552 287.504 59.210
202206 50.450 296.311 56.222
202209 52.952 296.808 58.912
202212 55.170 296.797 61.382
202303 57.419 301.836 62.817
202306 56.943 305.109 61.628
202309 59.250 307.789 63.567
202312 59.450 306.746 63.998
202403 62.445 312.332 66.020
202406 57.812 314.175 60.763
202409 57.717 315.301 60.447
202412 59.601 315.605 62.360
202503 61.254 319.799 63.249
202506 55.327 322.561 56.640
202509 57.068 324.800 58.019
202512 58.750 324.054 59.867
202603 61.644 330.213 61.644

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 2.94 mean?
Aaeon Technology (TPE:6579) has a Cyclically Adjusted PB Ratio of 2.94 as of Jul. 28, 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 Aaeon Technology and its competitors. This is 14% above median its historical median of 2.59. Over the past decade, Aaeon Technology's Cyclically Adjusted PB Ratio has ranged from 1.88 to 3.52. According to the industry distribution chart, Aaeon Technology ranks #1299 out of 1977 companies in the Hardware industry, placing it in the top 65.7%.
Is Aaeon Technology's Cyclically Adjusted PB Ratio too high?
Aaeon Technology's current Cyclically Adjusted PB Ratio of 2.94 is 14% above median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 3.52. The Hardware industry median Cyclically Adjusted PB Ratio is 2.02. Aaeon Technology's value of 2.94 is 45.5% above this industry median. Based on the distribution chart, Aaeon Technology ranks #1299 out of 1977 companies in the Hardware industry, which is below the industry midpoint. Overall, Aaeon Technology has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aaeon Technology's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Aaeon Technology ranks #1299 out of 1977 companies for Cyclically Adjusted PB Ratio. This places Aaeon Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.02. Aaeon Technology's value of 2.94 is 45.5% above this benchmark. Historically, Aaeon Technology's own Cyclically Adjusted PB Ratio has ranged from 1.88 to 3.52 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 2.02, Aaeon Technology 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 2.02, based on 1,977 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. Aaeon Technology's current Cyclically Adjusted PB Ratio of 2.94 is 45.5% 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 Aaeon Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aaeon Technology's current Cyclically Adjusted PB Ratio is 2.94, which is 14% above median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aaeon Technology stock overvalued right now?
Based on GuruFocus' analysis, Aaeon Technology (TPE:6579) is currently considered Fairly Valued. The stock's GF Value™ is NT$154.62, compared to a current price of NT$169.50 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.94, which is 14% above median its 10-year median of 2.59 and 45.5% above the Hardware industry median of 2.02. Aaeon Technology's overall GF Score™ is 78/100 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 Aaeon Technology (TPE:6579), the current Cyclically Adjusted PB Ratio is 2.94 as of Jul. 28, 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 Aaeon Technology (TPE:6579) Overvalued in 2026?

Based on GuruFocus' analysis, Aaeon Technology stock appears to be overvalued. The current stock price of NT$169.50 is trading 9.6% above its estimated GF Value™ of NT$154.62. GuruFocus considers Aaeon Technology to be Fairly Valued.

Key valuation signals for TPE:6579:

  • Cyclically Adjusted PB Ratio: 2.94 (14% above median its 10-year median of 2.59)
  • GF Value™: NT$154.62 vs. price of NT$169.50 (9.6% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 45.5% above the Hardware median (#1299 of 1977)

No single metric tells the full story. See the TPE:6579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aaeon Technology Business Description

Address Lane 235, Baoqiao Road, No. 135, 5th Floor, Xindian District, New Taipei City, TWN, 231
Aaeon Technology Inc is engaged in the manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, and the import/export of related materials. Geographically, it derives maximum revenue from Taiwan, followed by Europe, USA, China, and other regions.
78GF Score

Get the complete analysis for TPE:6579

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

NT$169.50
Price
NT$154.62
GF Value