Aero Win Technology (TPE:8222) Cyclically Adjusted PB Ratio: 2.59 (As of Aug. 12, 2026) — 12% Below Median

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TPE:8222 Aero Win Technology Corp TPE:8222
81 GF Score
Price NT$39.10
GF Value NT$57.91
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Aero Win Technology Cyclically Adjusted PB Ratio?

Aero Win Technology TPE:8222 +1.16% 81 Cyclically Adjusted PB Ratio is 2.59 as of Aug. 12, 2026, which is 12% below its 10-year median of 2.93. GuruFocus rates TPE:8222 with a GF Score™ of 81/100 and a GF Value™ of NT$57.91 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 209 Aerospace & Defense companies, Aero Win Technology ranks better than 66.51% on this metric.

As of today (2026-08-12), Aero Win Technology's current share price is NT$39.10. Aero Win Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$15.11. Aero Win Technology's Cyclically Adjusted PB Ratio for today is 2.59.

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

TPE:8222' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.23   Med: 2.93   Max: 4.41
Current: 2.49

During the past years, Aero Win Technology's highest Cyclically Adjusted PB Ratio was 4.41. The lowest was 2.23. And the median was 2.93.

TPE:8222's Cyclically Adjusted PB Ratio is ranked better than
66.51% of 209 companies
in the Aerospace & Defense industry
Industry Median: 3.49 vs TPE:8222: 2.49

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.

Aero Win Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$13.510. 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$15.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aero Win Technology  (TPE:8222) 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.


Aero Win Technology Cyclically Adjusted PB Ratio Related Terms


Aero Win Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aero Win Technology'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.

Aero Win Technology Cyclically Adjusted PB Ratio Chart

Aero Win Technology 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 0.00 3.18 2.66 2.70

Aero Win Technology 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 3.23 3.39 3.21 2.70 2.28

TPE:8222 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Aero Win Technology'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.


Aero Win Technology Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aero Win Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:8222
81GF Score
Aero Win Technology Corp TPE:8222
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aero Win Technology 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.

Aero Win Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.10/15.11
=2.59

* 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.

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

For example, Aero Win Technology'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)
=13.51/330.2130*330.2130
=13.510

Current CPI (Mar. 2026) = 330.2130.

Aero Win Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.959 241.018 17.755
201609 13.088 241.428 17.901
201612 13.291 241.432 18.178
201703 13.305 243.801 18.021
201706 12.710 244.955 17.134
201709 12.788 246.819 17.109
201712 12.891 246.524 17.267
201803 12.985 249.554 17.182
201806 13.000 251.989 17.036
201809 13.090 252.439 17.123
201812 13.302 251.233 17.484
201903 13.491 254.202 17.525
201906 13.252 256.143 17.084
201909 13.458 256.759 17.308
201912 13.460 256.974 17.296
202003 13.627 258.115 17.433
202006 13.117 257.797 16.802
202009 12.776 260.280 16.209
202012 12.440 260.474 15.771
202103 12.013 264.877 14.976
202106 11.478 271.696 13.950
202109 11.257 274.310 13.551
202112 10.956 278.802 12.976
202203 10.851 287.504 12.463
202206 10.875 296.311 12.119
202209 11.348 296.808 12.625
202212 11.232 296.797 12.497
202303 11.311 301.836 12.374
202306 11.715 305.109 12.679
202309 12.131 307.789 13.015
202312 12.108 306.746 13.034
202403 12.546 312.332 13.264
202406 12.605 314.175 13.248
202409 12.838 315.301 13.445
202412 13.299 315.605 13.915
202503 13.610 319.799 14.053
202506 12.611 322.561 12.910
202509 12.762 324.800 12.975
202512 13.138 324.054 13.388
202603 13.510 330.213 13.510

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 2.59 mean?
Aero Win Technology (TPE:8222) has a Cyclically Adjusted PB Ratio of 2.59 as of Aug. 12, 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 Aero Win Technology and its competitors. This is 12% below median its historical median of 2.93. Over the past decade, Aero Win Technology's Cyclically Adjusted PB Ratio has ranged from 2.23 to 4.41. According to the industry distribution chart, Aero Win Technology ranks #70 out of 209 companies in the Aerospace & Defense industry, placing it in the top 33.5%.
Is Aero Win Technology's Cyclically Adjusted PB Ratio too high?
Aero Win Technology's current Cyclically Adjusted PB Ratio of 2.59 is 12% below median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 4.41. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.49. Aero Win Technology's value of 2.59 is 25.8% below this industry median. Based on the distribution chart, Aero Win Technology ranks #70 out of 209 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Aero Win Technology has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aero Win Technology's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aero Win Technology ranks #70 out of 209 companies for Cyclically Adjusted PB Ratio. This puts Aero Win Technology in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.49. Aero Win Technology's value of 2.59 is 25.8% below this benchmark. Historically, Aero Win Technology's own Cyclically Adjusted PB Ratio has ranged from 2.23 to 4.41 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 3.49, Aero Win Technology 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.49, based on 209 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. Aero Win Technology's current Cyclically Adjusted PB Ratio of 2.59 is 25.8% 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 Aero Win Technology and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aero Win Technology's current Cyclically Adjusted PB Ratio is 2.59, which is 12% below median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aero Win Technology stock overvalued right now?
Based on GuruFocus' analysis, Aero Win Technology (TPE:8222) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$57.91, compared to a current price of NT$39.10 — trading 32.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.59, which is 12% below median its 10-year median of 2.93 and 25.8% below the Aerospace & Defense industry median of 3.49. Aero Win Technology's overall GF Score™ is 81/100 with 6 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 Aero Win Technology (TPE:8222), the current Cyclically Adjusted PB Ratio is 2.59 as of Aug. 12, 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 Aero Win Technology (TPE:8222) Overvalued in 2026?

Based on GuruFocus' analysis, Aero Win Technology stock appears to be undervalued. The current stock price of NT$39.10 is trading 32.5% below its estimated GF Value™ of NT$57.91. GuruFocus considers Aero Win Technology to be Significantly Undervalued.

Key valuation signals for TPE:8222:

  • Cyclically Adjusted PB Ratio: 2.59 (12% below median its 10-year median of 2.93)
  • GF Value™: NT$57.91 vs. price of NT$39.10 (32.5% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 25.8% below the Aerospace & Defense median (#70 of 209)

No single metric tells the full story. See the TPE:8222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aero Win Technology Business Description

Address Number 1, Lane 13, Xingong Road, Xinying District, Tainan, TWN, 730
Aero Win Technology Corp mainly engaged in the manufacturing, repairing, and trading of various types of aviation and engine accessories and hardware tools, as well as the trading of various types of aviation alloy material and hardware. Additionally, the Company acts as an agent for domestic and foreign manufacturers in distribution, bidding, quoting, and various import and export trade activities. The company has single operating segment. The Company has no foreign operation. Its products are Oil Collecto; Plenum, Inlet Air; Rear Flange; Front Flange; Oil Cover Inlet; SAGB Casing; Bearing Support; Cooling Insert of vane; Brackets; Combustion Liner; Combustion Chamber Liner; Inner and Outer Rings for Stators; Flanges for Stator; Ring Assembly, Curvic; Inlet Housing; and Case, Diffuser.
81GF Score

Get the complete analysis for TPE:8222

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

NT$39.10
Price
NT$57.91
GF Value