Av Tech (TPE:8072) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:8072 Av Tech Corp TPE:8072
82 GF Score
Price NT$26.55
GF Value NT$34.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Av Tech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Av Tech  (TPE:8072) 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.


Av Tech Cyclically Adjusted PB Ratio Related Terms


Av Tech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Av Tech'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.

Av Tech Cyclically Adjusted PB Ratio Chart

Av Tech 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 0.75 0.72 0.81 0.74 0.91

Av Tech Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.49 1.04 0.91 0.79 0.00

TPE:8072 vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Av Tech'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.


Av Tech Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:8072
82GF Score
Av Tech Corp TPE:8072
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Av Tech 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.

Av Tech's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Av Tech's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=28.407/333.9520*333.9520
=28.407

Current CPI (Jun. 2026) = 333.9520.

Av Tech Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.772 241.428 37.032
201612 26.721 241.432 36.961
201703 26.638 243.801 36.488
201706 26.191 244.955 35.707
201709 30.271 246.819 40.957
201712 30.050 246.524 40.707
201803 29.966 249.554 40.100
201806 29.405 251.989 38.969
201809 29.371 252.439 38.855
201812 29.304 251.233 38.952
201903 29.092 254.202 38.219
201906 28.040 256.143 36.558
201909 27.894 256.759 36.280
201912 27.647 256.974 35.929
202003 27.343 258.115 35.377
202006 27.200 257.797 35.235
202009 27.338 260.280 35.076
202012 27.270 260.474 34.963
202103 27.120 264.877 34.192
202106 27.154 271.696 33.376
202109 27.322 274.310 33.263
202112 27.399 278.802 32.819
202203 27.312 287.504 31.724
202206 27.672 296.311 31.187
202209 28.214 296.808 31.745
202212 28.256 296.797 31.793
202303 27.380 301.836 30.293
202306 27.621 305.109 30.232
202309 28.030 307.789 30.413
202312 28.039 306.746 30.526
202403 27.655 312.332 29.569
202406 28.017 314.175 29.781
202409 28.143 315.301 29.808
202412 28.564 315.605 30.225
202503 27.959 319.799 29.196
202506 27.647 322.561 28.623
202509 28.115 324.800 28.907
202512 28.734 324.054 29.612
202603 28.071 330.213 28.389
202606 28.407 333.952 28.407

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.

Is Av Tech (TPE:8072) Overvalued in 2026?

Based on GuruFocus' analysis, Av Tech stock appears to be undervalued. The current stock price of NT$26.55 is trading 23.6% below its estimated GF Value™ of NT$34.76. GuruFocus considers Av Tech to be Modestly Undervalued.

Key valuation signals for TPE:8072:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$34.76 vs. price of NT$26.55 (23.6% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TPE:8072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Av Tech Business Description

Address No. 193-2, Zhongxing North Street, Sanchong District, New Taipei City, TWN
Av Tech Corp is engaged in the manufacturing and trade of surveillance and anti-theft systems, electronic components, optical instruments, and power transmission equipment. The company also operates in the import-export trade, agency sales, and bidding of domestic and foreign products. Additional activities include the wholesale of electronic materials and precision instruments, as well as the manufacturing of telecommunications and radio frequency equipment. It also participates in general investment operations. Its operating segments include Security Monitoring System Department, Electronic Materials Department, and Investment Department. It generates the majority of its revenue from the Electronic Materials Department.
82GF Score

Get the complete analysis for TPE:8072

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

NT$26.55
Price
NT$34.76
GF Value