Darfon Electronics (TPE:8163) Cyclically Adjusted PB Ratio: 0.73 (As of Sep. 13, 2026) — 41% Below Median

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TPE:8163 Darfon Electronics Corp TPE:8163
77 GF Score
Price NT$29.60
GF Value NT$46.09
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Darfon Electronics Cyclically Adjusted PB Ratio?

Darfon Electronics TPE:8163 -1.33% 77 Cyclically Adjusted PB Ratio is 0.73 as of Sep. 13, 2026, which is 41% below its 10-year median of 1.24. GuruFocus rates TPE:8163 with a GF Score™ of 77/100 and a GF Value™ of NT$46.09 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,929 Hardware companies, Darfon Electronics ranks better than 78.43% on this metric.

As of today (2026-09-13), Darfon Electronics's current share price is NT$29.60. Darfon Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$40.36. Darfon Electronics's Cyclically Adjusted PB Ratio for today is 0.73.

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

TPE:8163' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.24   Max: 1.87
Current: 0.73

During the past years, Darfon Electronics's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.67. And the median was 1.24.

TPE:8163's Cyclically Adjusted PB Ratio is ranked better than
78.43% of 1929 companies
in the Hardware industry
Industry Median: 2.06 vs TPE:8163: 0.73

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.

Darfon Electronics's adjusted book value per share data for the three months ended in Jun. 2026 was NT$38.996. 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$40.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Darfon Electronics  (TPE:8163) 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.


Darfon Electronics Cyclically Adjusted PB Ratio Related Terms


Darfon Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Darfon Electronics'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.

Darfon Electronics Cyclically Adjusted PB Ratio Chart

Darfon Electronics 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 1.53 1.07 1.46 1.13 0.76

Darfon Electronics 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 0.85 0.93 0.76 0.68 1.03

TPE:8163 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Darfon Electronics'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.


Darfon Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:8163
77GF Score
Darfon Electronics Corp TPE:8163
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Darfon Electronics 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.

Darfon Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.60/40.36
=0.73

* 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.

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

For example, Darfon Electronics'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)
=38.996/333.9520*333.9520
=38.996

Current CPI (Jun. 2026) = 333.9520.

Darfon Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201609 28.374 241.428 39.248
201612 29.606 241.432 40.951
201703 28.563 243.801 39.125
201706 27.365 244.955 37.307
201709 28.131 246.819 38.062
201712 28.528 246.524 38.645
201803 28.743 249.554 38.464
201806 28.741 251.989 38.089
201809 30.488 252.439 40.333
201812 31.823 251.233 42.301
201903 32.843 254.202 43.147
201906 30.185 256.143 39.354
201909 30.764 256.759 40.013
201912 31.002 256.974 40.289
202003 28.022 258.115 36.255
202006 28.982 257.797 37.543
202009 30.140 260.280 38.671
202012 32.825 260.474 42.085
202103 31.845 264.877 40.150
202106 32.147 271.696 39.513
202109 32.873 274.310 40.020
202112 35.151 278.802 42.104
202203 34.427 287.504 39.989
202206 34.933 296.311 39.371
202209 36.840 296.808 41.450
202212 37.552 296.797 42.253
202303 35.594 301.836 39.381
202306 39.079 305.109 42.773
202309 43.833 307.789 47.559
202312 43.909 306.746 47.803
202403 40.910 312.332 43.742
202406 40.758 314.175 43.324
202409 40.829 315.301 43.244
202412 41.060 315.605 43.447
202503 39.080 319.799 40.810
202506 34.574 322.561 35.795
202509 36.781 324.800 37.817
202512 36.596 324.054 37.714
202603 36.835 330.213 37.252
202606 38.996 333.952 38.996

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 0.73 mean?
Darfon Electronics (TPE:8163) has a Cyclically Adjusted PB Ratio of 0.73 as of Sep. 13, 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 Darfon Electronics and its competitors. This is 41% below median its historical median of 1.24. Over the past decade, Darfon Electronics' Cyclically Adjusted PB Ratio has ranged from 0.67 to 1.87. According to the industry distribution chart, Darfon Electronics ranks #416 out of 1929 companies in the Hardware industry, placing it in the top 21.6%.
Is Darfon Electronics' Cyclically Adjusted PB Ratio too high?
Darfon Electronics' current Cyclically Adjusted PB Ratio of 0.73 is 41% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.87. The Hardware industry median Cyclically Adjusted PB Ratio is 2.06. Darfon Electronics' value of 0.73 is 64.6% below this industry median. Based on the distribution chart, Darfon Electronics ranks #416 out of 1929 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Darfon Electronics has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Darfon Electronics' Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Darfon Electronics ranks #416 out of 1929 companies for Cyclically Adjusted PB Ratio. This places Darfon Electronics in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.06. Darfon Electronics' value of 0.73 is 64.6% below this benchmark. Historically, Darfon Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.67 to 1.87 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 2.06, Darfon Electronics 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 2.06, based on 1,929 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. Darfon Electronics's current Cyclically Adjusted PB Ratio of 0.73 is 64.6% 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 Darfon Electronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Darfon Electronics's current Cyclically Adjusted PB Ratio is 0.73, which is 41% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darfon Electronics stock overvalued right now?
Based on GuruFocus' analysis, Darfon Electronics (TPE:8163) is currently considered Possible Value Trap. The stock's GF Value™ is NT$46.09, compared to a current price of NT$29.60 — trading 35.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 41% below median its 10-year median of 1.24 and 64.6% below the Hardware industry median of 2.06. Darfon Electronics' overall GF Score™ is 77/100 with 7 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 Darfon Electronics (TPE:8163), the current Cyclically Adjusted PB Ratio is 0.73 as of Sep. 13, 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 Darfon Electronics (TPE:8163) Overvalued in 2026?

Based on GuruFocus' analysis, Darfon Electronics stock appears to be undervalued. The current stock price of NT$29.60 is trading 35.8% below its estimated GF Value™ of NT$46.09. GuruFocus considers Darfon Electronics to be Possible Value Trap.

Key valuation signals for TPE:8163:

  • Cyclically Adjusted PB Ratio: 0.73 (41% below median its 10-year median of 1.24)
  • GF Value™: NT$46.09 vs. price of NT$29.60 (35.8% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 64.6% below the Hardware median (#416 of 1929)

No single metric tells the full story. See the TPE:8163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Darfon Electronics Business Description

Address 167-1 Shan-ying Road, Gueishan, Taoyuan, TWN, 333
Darfon Electronics Corp is engaged in the research, development, design, manufacture, and sale of computer peripheral devices, electronic components, and green energy-related products. Its product lines include peripheral electronic products, green energy products, and passive components. Its operations are spread across Taiwan, Mainland China, the United States of America, and Others.
77GF Score

Get the complete analysis for TPE:8163

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

NT$29.60
Price
NT$46.09
GF Value