ChipMOS TECHNOLOGIES (TPE:8150) Cyclically Adjusted PB Ratio: 2.10 (As of Aug. 03, 2026) — 59% Above Median

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TPE:8150 ChipMOS TECHNOLOGIES Inc TPE:8150
71 GF Score
Price NT$72.60
GF Value NT$48.75
Valuation Significantly Overvalued
! 4 Warning Signs
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What is ChipMOS TECHNOLOGIES Cyclically Adjusted PB Ratio?

ChipMOS TECHNOLOGIES TPE:8150 +10.00% 71 Cyclically Adjusted PB Ratio is 2.10 as of Aug. 03, 2026, which is 59% above its 10-year median of 1.32. GuruFocus rates TPE:8150 with a GF Score™ of 71/100 and a GF Value™ of NT$48.75 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 731 Semiconductors companies, ChipMOS TECHNOLOGIES ranks better than 59.92% on this metric.

As of today (2026-08-03), ChipMOS TECHNOLOGIES's current share price is NT$72.60. ChipMOS TECHNOLOGIES's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$34.49. ChipMOS TECHNOLOGIES's Cyclically Adjusted PB Ratio for today is 2.10.

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

TPE:8150' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.32   Max: 3.39
Current: 2.11

During the past years, ChipMOS TECHNOLOGIES's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 0.72. And the median was 1.32.

TPE:8150's Cyclically Adjusted PB Ratio is ranked better than
59.92% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs TPE:8150: 2.11

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.

ChipMOS TECHNOLOGIES's adjusted book value per share data for the three months ended in Mar. 2026 was NT$35.385. 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$34.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ChipMOS TECHNOLOGIES  (TPE:8150) 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.


ChipMOS TECHNOLOGIES Cyclically Adjusted PB Ratio Related Terms


ChipMOS TECHNOLOGIES Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ChipMOS TECHNOLOGIES'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.

ChipMOS TECHNOLOGIES Cyclically Adjusted PB Ratio Chart

ChipMOS TECHNOLOGIES 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 0.00 1.12 1.36 0.96 1.40

ChipMOS TECHNOLOGIES Quarterly Data
Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Jun23 Dec23 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 0.00 0.81 0.87 1.40 1.55

TPE:8150 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, ChipMOS TECHNOLOGIES'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.


ChipMOS TECHNOLOGIES Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:8150
71GF Score
ChipMOS TECHNOLOGIES Inc TPE:8150
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ChipMOS TECHNOLOGIES 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.

ChipMOS TECHNOLOGIES's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.60/34.49
=2.10

* 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.

ChipMOS TECHNOLOGIES's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ChipMOS TECHNOLOGIES'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)
=35.385/330.2130*330.2130
=35.385

Current CPI (Mar. 2026) = 330.2130.

ChipMOS TECHNOLOGIES Quarterly Data

Book Value per Share CPI Adj_Book
201412 24.745 234.812 34.799
201503 25.759 236.119 36.024
201506 24.325 238.638 33.659
201509 23.923 237.945 33.200
201512 24.830 236.525 34.665
201603 25.393 238.132 35.212
201606 23.153 241.018 31.721
201609 23.495 241.428 32.135
201612 22.313 241.432 30.518
201703 25.285 243.801 34.247
201706 24.644 244.955 33.221
201709 24.962 246.819 33.396
201712 24.906 246.524 33.361
201803 25.567 249.554 33.831
201806 25.385 251.989 33.265
201809 24.281 252.439 31.762
201812 24.779 251.233 32.569
201903 25.177 254.202 32.705
201906 25.691 256.143 33.120
201909 26.334 256.759 33.868
201912 26.856 256.974 34.510
202003 27.928 258.115 35.729
202006 26.902 257.797 34.459
202012 28.486 260.474 36.113
202103 0.000 264.877 0.000
202106 31.698 271.696 38.525
202112 33.197 278.802 39.319
202203 0.000 287.504 0.000
202206 32.693 296.311 36.434
202212 33.881 296.797 37.696
202306 32.763 305.109 35.459
202312 34.051 306.746 36.656
202406 33.711 314.175 35.432
202409 0.000 315.301 0.000
202412 34.381 315.605 35.972
202503 0.000 319.799 0.000
202506 32.841 322.561 33.620
202509 33.514 324.800 34.073
202512 34.268 324.054 34.919
202603 35.385 330.213 35.385

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 2.10 mean?
ChipMOS TECHNOLOGIES (TPE:8150) has a Cyclically Adjusted PB Ratio of 2.10 as of Aug. 03, 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 ChipMOS TECHNOLOGIES and its competitors. This is 59% above median its historical median of 1.32. Over the past decade, ChipMOS TECHNOLOGIES's Cyclically Adjusted PB Ratio has ranged from 0.72 to 3.39. According to the industry distribution chart, ChipMOS TECHNOLOGIES ranks #293 out of 731 companies in the Semiconductors industry, placing it in the top 40.1%.
Is ChipMOS TECHNOLOGIES's Cyclically Adjusted PB Ratio too high?
ChipMOS TECHNOLOGIES's current Cyclically Adjusted PB Ratio of 2.10 is 59% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 3.39. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.10. ChipMOS TECHNOLOGIES's value of 2.10 is 32.3% below this industry median. Based on the distribution chart, ChipMOS TECHNOLOGIES ranks #293 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ChipMOS TECHNOLOGIES has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ChipMOS TECHNOLOGIES's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ChipMOS TECHNOLOGIES ranks #293 out of 731 companies for Cyclically Adjusted PB Ratio. This puts ChipMOS TECHNOLOGIES in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. ChipMOS TECHNOLOGIES's value of 2.10 is 32.3% below this benchmark. Historically, ChipMOS TECHNOLOGIES's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 3.39 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 3.10, ChipMOS TECHNOLOGIES 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 3.10, based on 731 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. ChipMOS TECHNOLOGIES's current Cyclically Adjusted PB Ratio of 2.10 is 32.3% 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 ChipMOS TECHNOLOGIES and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ChipMOS TECHNOLOGIES's current Cyclically Adjusted PB Ratio is 2.10, which is 59% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ChipMOS TECHNOLOGIES stock overvalued right now?
Based on GuruFocus' analysis, ChipMOS TECHNOLOGIES (TPE:8150) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$48.75, compared to a current price of NT$72.60 — trading 48.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.10, which is 59% above median its 10-year median of 1.32 and 32.3% below the Semiconductors industry median of 3.10. ChipMOS TECHNOLOGIES's overall GF Score™ is 71/100 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 ChipMOS TECHNOLOGIES (TPE:8150), the current Cyclically Adjusted PB Ratio is 2.10 as of Aug. 03, 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 ChipMOS TECHNOLOGIES (TPE:8150) Overvalued in 2026?

Based on GuruFocus' analysis, ChipMOS TECHNOLOGIES stock appears to be overvalued. The current stock price of NT$72.60 is trading 48.9% above its estimated GF Value™ of NT$48.75. GuruFocus considers ChipMOS TECHNOLOGIES to be Significantly Overvalued.

Key valuation signals for TPE:8150:

  • Cyclically Adjusted PB Ratio: 2.10 (59% above median its 10-year median of 1.32)
  • GF Value™: NT$48.75 vs. price of NT$72.60 (48.9% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 32.3% below the Semiconductors median (#293 of 731)

No single metric tells the full story. See the TPE:8150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ChipMOS TECHNOLOGIES Business Description

Other Exchanges IMOS:USACPIA:Germany
Address No.1, Yanfa 1st Road, Hsinchu Science Park, Hsinchu, TWN
ChipMOS TECHNOLOGIES Inc is engaged in the research, development, manufacturing, and sale of high-integration and high-precision integrated circuits and related assembly and testing services. The company's segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others. It derives a majority of its revenue from Taiwan followed by Japan, the People's Republic of China, Singapore, and others.
71GF Score

Get the complete analysis for TPE:8150

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

NT$72.60
Price
NT$48.75
GF Value