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Topoint Technology Co (TPE:8021) Cyclically Adjusted PB Ratio : 0.97 (As of Jun. 22, 2025)


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What is Topoint Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-22), Topoint Technology Co's current share price is NT$35.00. Topoint Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$36.09. Topoint Technology Co's Cyclically Adjusted PB Ratio for today is 0.97.

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

TPE:8021' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.86   Max: 1.54
Current: 0.97

During the past years, Topoint Technology Co's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.55. And the median was 0.86.

TPE:8021's Cyclically Adjusted PB Ratio is ranked better than
73.81% of 2230 companies
in the Industrial Products industry
Industry Median: 2.065 vs TPE:8021: 0.97

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.

Topoint Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$32.022. 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$36.09 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Topoint Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Topoint Technology 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.

* Premium members only.

Topoint Technology Co Cyclically Adjusted PB Ratio Chart

Topoint Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.32 0.90 0.79 0.93

Topoint Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.80 0.87 0.98 0.93 0.79

Competitive Comparison of Topoint Technology Co's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Topoint Technology 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.


Topoint Technology Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Topoint Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Topoint Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.00/36.09
=0.97

* 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.

Topoint Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Topoint Technology Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=32.022/134.9266*134.9266
=32.022

Current CPI (Mar. 2025) = 134.9266.

Topoint Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 28.057 100.684 37.599
201509 29.256 100.392 39.320
201512 29.447 99.792 39.814
201603 29.359 100.470 39.428
201606 27.575 101.688 36.588
201609 27.307 101.861 36.171
201612 27.756 101.863 36.765
201703 26.922 102.862 35.314
201706 26.812 103.349 35.004
201709 27.530 104.136 35.670
201712 27.904 104.011 36.198
201803 28.684 105.290 36.758
201806 28.396 106.317 36.037
201809 30.016 106.507 38.025
201812 30.730 105.998 39.117
201903 31.594 107.251 39.747
201906 30.441 108.070 38.006
201909 30.283 108.329 37.718
201912 30.082 108.420 37.436
202003 29.914 108.902 37.063
202006 28.780 108.767 35.702
202009 29.976 109.815 36.831
202012 31.259 109.897 38.378
202103 31.791 111.754 38.383
202106 32.409 114.631 38.147
202109 31.617 115.734 36.860
202112 32.691 117.630 37.498
202203 34.563 121.301 38.445
202206 32.475 125.017 35.049
202209 33.029 125.227 35.587
202212 33.145 125.222 35.714
202303 31.428 127.348 33.298
202306 29.735 128.729 31.167
202309 31.027 129.860 32.238
202312 30.464 129.419 31.760
202403 30.779 131.776 31.515
202406 31.352 132.554 31.913
202409 32.008 133.029 32.465
202412 32.498 133.157 32.930
202503 32.022 134.927 32.022

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.


Topoint Technology Co  (TPE:8021) 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.


Topoint Technology Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Topoint Technology Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Topoint Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Sector 3, Jiayuan Road, No.203, Shulin District, New Taipei City, TWN, 238
Topoint Technology Co Ltd is engaged in manufacturing micro-drills for printed circuit boards (PCBs), numerically controlled drilling machines for PCBs, and peripheral equipment used in the manufacture of PCBs. The services offered by the company include mechanical drilling and laser drilling.

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