CviLux (TPE:8103) Cyclically Adjusted PB Ratio: 1.57 (As of Aug. 01, 2026) — 28% Above Median

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TPE:8103 CviLux Corp TPE:8103
82 GF Score
Price NT$73.10
GF Value NT$71.14
Valuation Fairly Valued
! 5 Warning Signs
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What is CviLux Cyclically Adjusted PB Ratio?

CviLux TPE:8103 +7.98% 82 Cyclically Adjusted PB Ratio is 1.57 as of Aug. 01, 2026, which is 28% above its 10-year median of 1.23. GuruFocus rates TPE:8103 with a GF Score™ of 82/100 and a GF Value™ of NT$71.14 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,974 Hardware companies, CviLux ranks better than 58.21% on this metric.

As of today (2026-08-01), CviLux's current share price is NT$73.10. CviLux's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$46.42. CviLux's Cyclically Adjusted PB Ratio for today is 1.57.

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: 0.62   Med: 1.23   Max: 2.69
Current: 1.57

During the past years, CviLux's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 0.62. And the median was 1.23.

TPE:8103's Cyclically Adjusted PB Ratio is ranked better than
58.21% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs TPE:8103: 1.57

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 Mar. 2026 was NT$49.405. 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$46.42 for the trailing ten years ended in Mar. 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 1.58 0.88 1.24 1.30 1.89

CviLux 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 1.22 1.23 1.39 1.89 1.68

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
82GF 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
=73.10/46.42
=1.57

* 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 Mar. 2026 is calculated as:

For example, CviLux'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)
=49.405/330.2130*330.2130
=49.405

Current CPI (Mar. 2026) = 330.2130.

CviLux Quarterly Data

Book Value per Share CPI Adj_Book
201606 33.944 241.018 46.506
201609 34.047 241.428 46.568
201612 33.939 241.432 46.419
201703 33.874 243.801 45.880
201706 33.092 244.955 44.610
201709 34.792 246.819 46.547
201712 34.841 246.524 46.669
201803 35.464 249.554 46.926
201806 35.005 251.989 45.871
201809 35.128 252.439 45.951
201812 35.524 251.233 46.692
201903 36.968 254.202 48.022
201906 36.465 256.143 47.010
201909 36.075 256.759 46.395
201912 36.030 256.974 46.299
202003 35.816 258.115 45.820
202006 35.052 257.797 44.898
202009 36.920 260.280 46.840
202012 38.727 260.474 49.096
202103 39.478 264.877 49.216
202106 39.830 271.696 48.408
202109 40.422 274.310 48.660
202112 37.729 278.802 44.686
202203 39.107 287.504 44.916
202206 38.774 296.311 43.210
202209 40.257 296.808 44.788
202212 39.116 296.797 43.520
202303 37.952 301.836 41.520
202306 38.182 305.109 41.324
202309 40.886 307.789 43.865
202312 39.364 306.746 42.375
202403 40.555 312.332 42.877
202406 45.961 314.175 48.307
202409 49.065 315.301 51.386
202412 35.136 315.605 36.762
202503 41.145 319.799 42.485
202506 51.167 322.561 52.381
202509 53.178 324.800 54.064
202512 58.444 324.054 59.555
202603 49.405 330.213 49.405

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 1.57 mean?
CviLux (TPE:8103) has a Cyclically Adjusted PB Ratio of 1.57 as of Aug. 01, 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 28% above median its historical median of 1.23. Over the past decade, CviLux's Cyclically Adjusted PB Ratio has ranged from 0.62 to 2.69. According to the industry distribution chart, CviLux ranks #825 out of 1974 companies in the Hardware industry, placing it in the top 41.8%.
Is CviLux's Cyclically Adjusted PB Ratio too high?
CviLux's current Cyclically Adjusted PB Ratio of 1.57 is 28% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.69. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. CviLux's value of 1.57 is 21.1% below this industry median. Based on the distribution chart, CviLux ranks #825 out of 1974 companies in the Hardware industry, which is above the industry midpoint. Overall, CviLux has a GF Score™ of 82/100 and is considered Fairly Valued, 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 #825 out of 1974 companies for Cyclically Adjusted PB Ratio. This puts CviLux in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. CviLux's value of 1.57 is 21.1% below this benchmark. Historically, CviLux's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 2.69 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.99, CviLux 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 1.99, based on 1,974 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 1.57 is 21.1% 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 CviLux and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 1.99 — 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 1.57, which is 28% above median its own 10-year median of 1.23. 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 Fairly Valued. The stock's GF Value™ is NT$71.14, compared to a current price of NT$73.10 — trading 2.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.57, which is 28% above median its 10-year median of 1.23 and 21.1% below the Hardware industry median of 1.99. CviLux's overall GF Score™ is 82/100 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 1.57 as of Aug. 01, 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$73.10 is trading 2.8% above its estimated GF Value™ of NT$71.14. GuruFocus considers CviLux to be Fairly Valued.

Key valuation signals for TPE:8103:

  • Cyclically Adjusted PB Ratio: 1.57 (28% above median its 10-year median of 1.23)
  • GF Value™: NT$71.14 vs. price of NT$73.10 (2.8% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 21.1% below the Hardware median (#825 of 1974)

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.
82GF 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$73.10
Price
NT$71.14
GF Value