Apacer Technology (TPE:8271) Cyclically Adjusted PB Ratio: 5.94 (As of Aug. 20, 2026) — 281% Above Median

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TPE:8271 Apacer Technology Inc TPE:8271
78 GF Score
Price NT$219.50
GF Value NT$196.47
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Apacer Technology Cyclically Adjusted PB Ratio?

Apacer Technology TPE:8271 -1.57% 78 Cyclically Adjusted PB Ratio is 5.94 as of Aug. 20, 2026, which is 281% above its 10-year median of 1.56. GuruFocus rates TPE:8271 with a GF Score™ of 78/100 and a GF Value™ of NT$196.47 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 726 Semiconductors companies, Apacer Technology ranks worse than 69.15% on this metric.

As of today (2026-08-20), Apacer Technology's current share price is NT$219.50. Apacer Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$36.97. Apacer Technology's Cyclically Adjusted PB Ratio for today is 5.94.

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

TPE:8271' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.56   Max: 7.31
Current: 6.03

During the past years, Apacer Technology's highest Cyclically Adjusted PB Ratio was 7.31. The lowest was 1.11. And the median was 1.56.

TPE:8271's Cyclically Adjusted PB Ratio is ranked worse than
69.15% of 726 companies
in the Semiconductors industry
Industry Median: 3.34 vs TPE:8271: 6.03

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.

Apacer Technology's adjusted book value per share data for the three months ended in Jun. 2026 was NT$74.239. 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$36.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apacer Technology  (TPE:8271) 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.


Apacer Technology Cyclically Adjusted PB Ratio Related Terms


Apacer Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Apacer 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.

Apacer Technology Cyclically Adjusted PB Ratio Chart

Apacer 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 1.62 1.28 1.86 1.31 3.25

Apacer Technology 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 1.53 2.08 3.25 3.65 5.26

TPE:8271 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Apacer 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.


Apacer Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:8271
78GF Score
Apacer Technology Inc TPE:8271
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apacer 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=219.50/36.97
=5.94

* 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.

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

For example, Apacer Technology'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)
=74.239/333.9520*333.9520
=74.239

Current CPI (Jun. 2026) = 333.9520.

Apacer Technology Quarterly Data

Book Value per Share CPI Adj_Book
201609 22.975 241.428 31.780
201612 24.025 241.432 33.232
201703 24.930 243.801 34.148
201706 23.350 244.955 31.834
201709 24.237 246.819 32.793
201712 25.451 246.524 34.477
201803 26.464 249.554 35.414
201806 25.023 251.989 33.162
201809 26.065 252.439 34.481
201812 26.713 251.233 35.508
201903 27.410 254.202 36.009
201906 25.668 256.143 33.465
201909 26.798 256.759 34.855
201912 27.813 256.974 36.145
202003 29.256 258.115 37.852
202006 27.226 257.797 35.269
202009 27.410 260.280 35.168
202012 27.845 260.474 35.700
202103 29.068 264.877 36.648
202106 30.468 271.696 37.449
202109 29.618 274.310 36.058
202112 30.364 278.802 36.370
202203 29.174 287.504 33.887
202206 30.889 296.311 34.813
202209 32.843 296.808 36.953
202212 33.941 296.797 38.190
202303 31.653 301.836 35.021
202306 32.679 305.109 35.768
202309 33.943 307.789 36.828
202312 35.116 306.746 38.231
202403 36.784 312.332 39.330
202406 34.419 314.175 36.586
202409 34.617 315.301 36.665
202412 35.019 315.605 37.055
202503 33.621 319.799 35.109
202506 34.029 322.561 35.231
202509 35.899 324.800 36.911
202512 39.276 324.054 40.476
202603 49.277 330.213 49.835
202606 74.239 333.952 74.239

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 5.94 mean?
Apacer Technology (TPE:8271) has a Cyclically Adjusted PB Ratio of 5.94 as of Aug. 20, 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 Apacer Technology and its competitors. This is 281% above median its historical median of 1.56. Over the past decade, Apacer Technology's Cyclically Adjusted PB Ratio has ranged from 1.11 to 7.31. According to the industry distribution chart, Apacer Technology ranks #502 out of 726 companies in the Semiconductors industry, placing it in the top 69.1%.
Is Apacer Technology's Cyclically Adjusted PB Ratio too high?
Apacer Technology's current Cyclically Adjusted PB Ratio of 5.94 is 281% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 7.31. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.34. Apacer Technology's value of 5.94 is 77.8% above this industry median. Based on the distribution chart, Apacer Technology ranks #502 out of 726 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Apacer Technology has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apacer Technology's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Apacer Technology ranks #502 out of 726 companies for Cyclically Adjusted PB Ratio. This places Apacer Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.34. Apacer Technology's value of 5.94 is 77.8% above this benchmark. Historically, Apacer Technology's own Cyclically Adjusted PB Ratio has ranged from 1.11 to 7.31 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 3.34, Apacer Technology has consistently been above 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 3.34, based on 726 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. Apacer Technology's current Cyclically Adjusted PB Ratio of 5.94 is 77.8% above 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 Apacer Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apacer Technology's current Cyclically Adjusted PB Ratio is 5.94, which is 281% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apacer Technology stock overvalued right now?
Based on GuruFocus' analysis, Apacer Technology (TPE:8271) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$196.47, compared to a current price of NT$219.50 — trading 11.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.94, which is 281% above median its 10-year median of 1.56 and 77.8% above the Semiconductors industry median of 3.34. Apacer Technology's overall GF Score™ is 78/100 with 3 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 Apacer Technology (TPE:8271), the current Cyclically Adjusted PB Ratio is 5.94 as of Aug. 20, 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 Apacer Technology (TPE:8271) Overvalued in 2026?

Based on GuruFocus' analysis, Apacer Technology stock appears to be overvalued. The current stock price of NT$219.50 is trading 11.7% above its estimated GF Value™ of NT$196.47. GuruFocus considers Apacer Technology to be Modestly Overvalued.

Key valuation signals for TPE:8271:

  • Cyclically Adjusted PB Ratio: 5.94 (281% above median its 10-year median of 1.56)
  • GF Value™: NT$196.47 vs. price of NT$219.50 (11.7% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 77.8% above the Semiconductors median (#502 of 726)

No single metric tells the full story. See the TPE:8271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apacer Technology Business Description

Address No. 32, Zhongcheng Road, 1st Floor, Tucheng District, New Taipei City, TWN, 236
Apacer Technology Inc is engaged in the research and development, design, manufacturing, processing, maintenance and sales of memory modules and storage memory devices. Its products include Flash memory cards, Memory modules, and others. It is also involved in providing smart IoT solutions to its customers. The company's operating segments are: Asia, America, and Europe, with the majority of revenue derived from Asia. Geographically, the company derives the maximum revenue from Taiwan, followed by Hong Kong, Mainland China, the Americas, Japan, and other regions.
78GF Score

Get the complete analysis for TPE:8271

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

NT$219.50
Price
NT$196.47
GF Value