Walton Advanced Engineering (TPE:8110) Cyclically Adjusted PB Ratio: 1.71 (As of Sep. 07, 2026) — 155% Above Median

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TPE:8110 Walton Advanced Engineering Inc TPE:8110
74 GF Score
Price NT$43.55
GF Value NT$17.49
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Walton Advanced Engineering Cyclically Adjusted PB Ratio?

Walton Advanced Engineering TPE:8110 +0.69% 74 Cyclically Adjusted PB Ratio is 1.71 as of Sep. 07, 2026, which is 155% above its 10-year median of 0.67. GuruFocus rates TPE:8110 with a GF Score™ of 74/100 and a GF Value™ of NT$17.49 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 725 Semiconductors companies, Walton Advanced Engineering ranks better than 68.69% on this metric.

As of today (2026-09-07), Walton Advanced Engineering's current share price is NT$43.55. Walton Advanced Engineering's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$25.53. Walton Advanced Engineering's Cyclically Adjusted PB Ratio for today is 1.71.

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

TPE:8110' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.67   Max: 3.29
Current: 1.71

During the past years, Walton Advanced Engineering's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 0.40. And the median was 0.67.

TPE:8110's Cyclically Adjusted PB Ratio is ranked better than
68.69% of 725 companies
in the Semiconductors industry
Industry Median: 3.15 vs TPE:8110: 1.71

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.

Walton Advanced Engineering's adjusted book value per share data for the three months ended in Jun. 2026 was NT$37.425. 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$25.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Walton Advanced Engineering  (TPE:8110) 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.


Walton Advanced Engineering Cyclically Adjusted PB Ratio Related Terms


Walton Advanced Engineering Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Walton Advanced Engineering'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.

Walton Advanced Engineering Cyclically Adjusted PB Ratio Chart

Walton Advanced Engineering 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 0.93 0.52 0.67 0.59 2.35

Walton Advanced Engineering 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 0.56 0.74 2.35 1.93 2.24

TPE:8110 vs LRCX, AMAT, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Walton Advanced Engineering'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.


Walton Advanced Engineering Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Walton Advanced Engineering's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:8110
74GF Score
Walton Advanced Engineering Inc TPE:8110
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Walton Advanced Engineering 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.

Walton Advanced Engineering's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.55/25.53
=1.71

* 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.

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

For example, Walton Advanced Engineering'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)
=37.425/333.9520*333.9520
=37.425

Current CPI (Jun. 2026) = 333.9520.

Walton Advanced Engineering Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.658 241.428 23.042
201612 17.086 241.432 23.634
201703 17.395 243.801 23.827
201706 17.354 244.955 23.659
201709 18.915 246.819 25.592
201712 19.565 246.524 26.504
201803 20.206 249.554 27.040
201806 27.637 251.989 36.626
201809 22.167 252.439 29.325
201812 20.937 251.233 27.831
201903 22.208 254.202 29.175
201906 20.691 256.143 26.976
201909 21.300 256.759 27.704
201912 23.555 256.974 30.611
202003 20.999 258.115 27.169
202006 21.719 257.797 28.135
202009 21.549 260.280 27.648
202012 24.020 260.474 30.796
202103 24.325 264.877 30.669
202106 23.204 271.696 28.521
202109 21.047 274.310 25.623
202112 21.380 278.802 25.609
202203 20.870 287.504 24.242
202206 19.240 296.311 21.684
202209 19.344 296.808 21.765
202212 19.392 296.797 21.820
202303 20.001 301.836 22.129
202306 19.633 305.109 21.489
202309 19.965 307.789 21.662
202312 20.425 306.746 22.237
202403 20.490 312.332 21.908
202406 20.665 314.175 21.966
202409 20.348 315.301 21.552
202412 20.617 315.605 21.816
202503 20.707 319.799 21.623
202506 19.389 322.561 20.074
202509 21.979 324.800 22.598
202512 23.925 324.054 24.656
202603 24.501 330.213 24.778
202606 37.425 333.952 37.425

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 1.71 mean?
Walton Advanced Engineering (TPE:8110) has a Cyclically Adjusted PB Ratio of 1.71 as of Sep. 07, 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 Walton Advanced Engineering and its competitors. This is 155% above median its historical median of 0.67. Over the past decade, Walton Advanced Engineering's Cyclically Adjusted PB Ratio has ranged from 0.40 to 3.29. According to the industry distribution chart, Walton Advanced Engineering ranks #227 out of 725 companies in the Semiconductors industry, placing it in the top 31.3%.
Is Walton Advanced Engineering's Cyclically Adjusted PB Ratio too high?
Walton Advanced Engineering's current Cyclically Adjusted PB Ratio of 1.71 is 155% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.29. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.15. Walton Advanced Engineering's value of 1.71 is 45.7% below this industry median. Based on the distribution chart, Walton Advanced Engineering ranks #227 out of 725 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Walton Advanced Engineering has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Walton Advanced Engineering's Cyclically Adjusted PB Ratio compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Walton Advanced Engineering ranks #227 out of 725 companies for Cyclically Adjusted PB Ratio. This puts Walton Advanced Engineering in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.15. Walton Advanced Engineering's value of 1.71 is 45.7% below this benchmark. Historically, Walton Advanced Engineering's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 3.29 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 3.15, Walton Advanced Engineering 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.15, based on 725 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. Walton Advanced Engineering's current Cyclically Adjusted PB Ratio of 1.71 is 45.7% 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 Walton Advanced Engineering and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Walton Advanced Engineering's current Cyclically Adjusted PB Ratio is 1.71, which is 155% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walton Advanced Engineering stock overvalued right now?
Based on GuruFocus' analysis, Walton Advanced Engineering (TPE:8110) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.49, compared to a current price of NT$43.55 — trading 149% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.71, which is 155% above median its 10-year median of 0.67 and 45.7% below the Semiconductors industry median of 3.15. Walton Advanced Engineering's overall GF Score™ is 74/100 with 4 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 Walton Advanced Engineering (TPE:8110), the current Cyclically Adjusted PB Ratio is 1.71 as of Sep. 07, 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 Walton Advanced Engineering (TPE:8110) Overvalued in 2026?

Based on GuruFocus' analysis, Walton Advanced Engineering stock appears to be overvalued. The current stock price of NT$43.55 is trading 149% above its estimated GF Value™ of NT$17.49. GuruFocus considers Walton Advanced Engineering to be Significantly Overvalued.

Key valuation signals for TPE:8110:

  • Cyclically Adjusted PB Ratio: 1.71 (155% above median its 10-year median of 0.67)
  • GF Value™: NT$17.49 vs. price of NT$43.55 (149% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 45.7% below the Semiconductors median (#227 of 725)

No single metric tells the full story. See the TPE:8110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Walton Advanced Engineering Business Description

Address 806 No. 18, Beiyi Road, Qianzhen Science and Technology Industrial Park, Kaohsiung, TWN, 806
Walton Advanced Engineering Inc provides the end-to-end service from wafer probing, IC packaging, final testing, to drop ship to multinational memory semiconductor manufacturers. It has built up a full range of IC package solutions, from legacy frame packages to mainstream BGA packages. Its testing platform includes chip probing, burn-in, final test, and backend. Walton's expertise in testing platform management fulfills customer's testing needs with optimal cost-effectiveness.
74GF Score

Get the complete analysis for TPE:8110

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

NT$43.55
Price
NT$17.49
GF Value