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Empower Technology (ROCO:5348) Cyclically Adjusted Book per Share : NT$10.64 (As of Mar. 2025)


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What is Empower Technology Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Empower Technology's adjusted book value per share for the three months ended in Mar. 2025 was NT$8.908. 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$10.64 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Empower Technology's average Cyclically Adjusted Book Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Empower Technology was -3.70% per year. The lowest was -5.40% per year. And the median was -5.40% per year.

As of today (2025-05-30), Empower Technology's current stock price is NT$20.25. Empower Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$10.64. Empower Technology's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Empower Technology was 4.36. The lowest was 0.94. And the median was 1.49.


Empower Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Empower Technology's Cyclically Adjusted Book per Share 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.

* Premium members only.

Empower Technology Cyclically Adjusted Book per Share Chart

Empower Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.83 12.55 11.70 10.85 10.61

Empower Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 10.89 10.81 10.72 10.61 10.64

Competitive Comparison of Empower Technology's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Empower 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.


Empower Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Empower Technology Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Empower Technology's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.908/134.9266*134.9266
=8.908

Current CPI (Mar. 2025) = 134.9266.

Empower Technology Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.125 100.684 12.228
201509 9.221 100.392 12.393
201512 8.677 99.792 11.732
201603 7.771 100.470 10.436
201606 6.789 101.688 9.008
201609 5.727 101.861 7.586
201612 5.464 101.863 7.238
201703 4.387 102.862 5.755
201706 3.558 103.349 4.645
201709 3.121 104.136 4.044
201712 2.650 104.011 3.438
201803 1.961 105.290 2.513
201806 14.459 106.317 18.350
201809 13.809 106.507 17.494
201812 12.913 105.998 16.437
201903 12.377 107.251 15.571
201906 11.910 108.070 14.870
201909 11.488 108.329 14.309
201912 11.059 108.420 13.763
202003 10.707 108.902 13.266
202006 10.210 108.767 12.666
202009 9.920 109.815 12.188
202012 9.687 109.897 11.893
202103 9.213 111.754 11.123
202106 9.337 114.631 10.990
202109 9.151 115.734 10.669
202112 9.398 117.630 10.780
202203 9.152 121.301 10.180
202206 9.297 125.017 10.034
202209 9.392 125.227 10.120
202212 10.384 125.222 11.189
202303 9.731 127.348 10.310
202306 9.835 128.729 10.309
202309 10.005 129.860 10.395
202312 9.997 129.419 10.422
202403 9.748 131.776 9.981
202406 9.580 132.554 9.751
202409 9.120 133.029 9.250
202412 9.308 133.157 9.432
202503 8.908 134.927 8.908

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Empower Technology  (ROCO:5348) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Empower Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.25/10.64
=1.90

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Empower Technology was 4.36. The lowest was 0.94. And the median was 1.49.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Empower Technology Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Empower Technology's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Empower Technology Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ke Jung Road, Hsinchu Science Park, 3rd Floor, NO.31, Hsinchu, TWN
Empower Technology Corp Formerly Transystem Inc develops wireless communications products for RF communications and GPS markets. The Company's products include optical multiplexers, modems, Bluetooth GPS receivers, GPS data loggers, tracking devices, and modules for embedded GPS applications.

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