CviLux (TPE:8103) Cyclically Adjusted PB Ratio: 2.32 (As of Sep. 15, 2026) — 97% Above Median

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TPE:8103 CviLux Corp TPE:8103
79 GF Score
Price NT$114.00
GF Value NT$80.76
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CviLux Cyclically Adjusted PB Ratio?

CviLux TPE:8103 +0.88% 79 Cyclically Adjusted PB Ratio is 2.32 as of Sep. 15, 2026, which is 97% above its 10-year median of 1.18. GuruFocus rates TPE:8103 with a GF Score™ of 79/100 and a GF Value™ of NT$80.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,928 Hardware companies, CviLux ranks worse than 53.37% on this metric.

As of today (2026-09-15), CviLux's current share price is NT$114.00. CviLux's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$49.11. CviLux's Cyclically Adjusted PB Ratio for today is 2.32.

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

TPE:8103' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.18   Max: 2.54
Current: 2.27

During the past years, CviLux's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 0.60. And the median was 1.18.

TPE:8103's Cyclically Adjusted PB Ratio is ranked worse than
53.37% of 1928 companies
in the Hardware industry
Industry Median: 2.05 vs TPE:8103: 2.27

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.

CviLux's adjusted book value per share data for the three months ended in Jun. 2026 was NT$52.512. 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$49.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CviLux  (TPE:8103) 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.


CviLux Cyclically Adjusted PB Ratio Related Terms


CviLux Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CviLux'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.

CviLux Cyclically Adjusted PB Ratio Chart

CviLux 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 1.50 0.84 1.17 1.22 1.77

CviLux 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 1.17 1.32 1.81 1.61 2.01

TPE:8103 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, CviLux'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.


CviLux Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:8103
79GF Score
CviLux Corp TPE:8103
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CviLux 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=114.00/49.109
=2.32

* 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.

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

For example, CviLux'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)
=52.512/333.9520*333.9520
=52.512

Current CPI (Jun. 2026) = 333.9520.

CviLux Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.371 241.428 47.543
201612 35.200 241.432 48.689
201703 34.396 243.801 47.115
201706 33.663 244.955 45.893
201709 35.097 246.819 47.487
201712 35.210 246.524 47.697
201803 35.836 249.554 47.956
201806 35.481 251.989 47.022
201809 35.495 252.439 46.956
201812 36.232 251.233 48.161
201903 37.342 254.202 49.057
201906 36.577 256.143 47.688
201909 36.585 256.759 47.584
201912 36.493 256.974 47.425
202003 36.367 258.115 47.052
202006 36.388 257.797 47.137
202009 37.745 260.280 48.429
202012 39.139 260.474 50.180
202103 39.899 264.877 50.304
202106 40.886 271.696 50.255
202109 40.689 274.310 49.536
202112 42.645 278.802 51.081
202203 45.461 287.504 52.805
202206 44.198 296.311 49.813
202209 46.104 296.808 51.874
202212 45.676 296.797 51.394
202303 43.990 301.836 48.671
202306 43.422 305.109 47.527
202309 46.574 307.789 50.533
202312 45.785 306.746 49.846
202403 46.254 312.332 49.456
202406 47.964 314.175 50.983
202409 49.276 315.301 52.191
202412 49.901 315.605 52.802
202503 48.545 319.799 50.693
202506 43.364 322.561 44.895
202509 45.067 324.800 46.337
202512 49.717 324.054 51.236
202603 49.988 330.213 50.554
202606 52.512 333.952 52.512

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 2.32 mean?
CviLux (TPE:8103) has a Cyclically Adjusted PB Ratio of 2.32 as of Sep. 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 CviLux and its competitors. This is 97% above median its historical median of 1.18. Over the past decade, CviLux's Cyclically Adjusted PB Ratio has ranged from 0.60 to 2.54. According to the industry distribution chart, CviLux ranks #1029 out of 1928 companies in the Hardware industry, placing it in the top 53.4%.
Is CviLux's Cyclically Adjusted PB Ratio too high?
CviLux's current Cyclically Adjusted PB Ratio of 2.32 is 97% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.54. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. CviLux's value of 2.32 is 13.2% above this industry median. Based on the distribution chart, CviLux ranks #1029 out of 1928 companies in the Hardware industry, which is below the industry midpoint. Overall, CviLux has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CviLux's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, CviLux ranks #1029 out of 1928 companies for Cyclically Adjusted PB Ratio. This places CviLux in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. CviLux's value of 2.32 is 13.2% above this benchmark. Historically, CviLux's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 2.54 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 2.05, CviLux 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 2.05, based on 1,928 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. CviLux's current Cyclically Adjusted PB Ratio of 2.32 is 13.2% 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 CviLux and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CviLux's current Cyclically Adjusted PB Ratio is 2.32, which is 97% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CviLux stock overvalued right now?
Based on GuruFocus' analysis, CviLux (TPE:8103) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$80.76, compared to a current price of NT$114.00 — trading 41.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.32, which is 97% above median its 10-year median of 1.18 and 13.2% above the Hardware industry median of 2.05. CviLux's overall GF Score™ is 79/100 with 5 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 CviLux (TPE:8103), the current Cyclically Adjusted PB Ratio is 2.32 as of Sep. 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 CviLux (TPE:8103) Overvalued in 2026?

Based on GuruFocus' analysis, CviLux stock appears to be overvalued. The current stock price of NT$114.00 is trading 41.2% above its estimated GF Value™ of NT$80.76. GuruFocus considers CviLux to be Significantly Overvalued.

Key valuation signals for TPE:8103:

  • Cyclically Adjusted PB Ratio: 2.32 (97% above median its 10-year median of 1.18)
  • GF Value™: NT$80.76 vs. price of NT$114.00 (41.2% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 13.2% above the Hardware median (#1029 of 1928)

No single metric tells the full story. See the TPE:8103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CviLux Business Description

Address Zhongzheng East Road, 9th Floor, Number 9, Lane 3, Section 1, Tamsui District, Taipei, TWN, 25147
CviLux Corp is principally engaged in assembling, manufacturing, processing, and trading connectors used in the electronic industry, electrical machinery, communication cable wires, and computer equipment. Its products are mainly used in electronics industries such as industrial, laptop, automotive, communications, optoelectronics, IoT, and computers. Geographically, the company operates in Asia, Europe and Others.
79GF Score

Get the complete analysis for TPE:8103

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

NT$114.00
Price
NT$80.76
GF Value