Empower Technology (ROCO:5348) Cyclically Adjusted Book per Share: NT$10.68 (As of Jun. 2026)

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ROCO:5348 Empower Technology Corp ROCO:5348
66 GF Score
Price NT$16.30
GF Value NT$25.62
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Empower Technology Cyclically Adjusted Book per Share?

Empower Technology ROCO:5348 66 Cyclically Adjusted Book per Share is NT$10.68 as of Jun. 2026. GuruFocus rates ROCO:5348 with a GF Score™ of 66/100 and a GF Value™ of NT$25.62 (Significantly Undervalued). The stock has 2 warning signs investors should review.

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 Jun. 2026 was NT$7.351. 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$10.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Empower Technology's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.40% 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 -3.60% per year. The lowest was -5.40% per year. And the median was -4.55% per year.

As of today (2026-08-27), Empower Technology's current stock price is NT$16.30. Empower Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$10.68. Empower Technology's Cyclically Adjusted PB Ratio of today is 1.53.

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 1.60.


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
=16.30/10.68
=1.53

* 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 1.60.


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


Empower Technology Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Empower Technology Cyclically Adjusted Book per Share Chart

Empower Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.55 11.70 10.86 10.63 10.49

Empower 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 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 10.65 10.62 10.49 10.61 10.68

ROCO:5348 vs CSCO, MSI, HPE: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


ROCO:5348
66GF Score
Empower Technology Corp ROCO:5348
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.351/333.9520*333.9520
=7.351

Current CPI (Jun. 2026) = 333.9520.

Empower Technology Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.727 241.428 7.922
201612 5.464 241.432 7.558
201703 4.387 243.801 6.009
201706 3.558 244.955 4.851
201709 3.121 246.819 4.223
201712 2.650 246.524 3.590
201803 1.961 249.554 2.624
201806 14.459 251.989 19.162
201809 13.809 252.439 18.268
201812 12.913 251.233 17.165
201903 12.377 254.202 16.260
201906 11.910 256.143 15.528
201909 11.488 256.759 14.942
201912 11.059 256.974 14.372
202003 10.707 258.115 13.853
202006 10.210 257.797 13.226
202009 9.920 260.280 12.728
202012 9.687 260.474 12.420
202103 9.213 264.877 11.616
202106 9.337 271.696 11.476
202109 9.151 274.310 11.141
202112 9.398 278.802 11.257
202203 9.152 287.504 10.631
202206 9.297 296.311 10.478
202209 9.392 296.808 10.567
202212 10.384 296.797 11.684
202303 9.731 301.836 10.766
202306 9.835 305.109 10.765
202309 10.005 307.789 10.855
202312 10.307 306.746 11.221
202403 9.748 312.332 10.423
202406 9.580 314.175 10.183
202409 9.120 315.301 9.659
202412 9.568 315.605 10.124
202503 8.908 319.799 9.302
202506 8.488 322.561 8.788
202509 8.322 324.800 8.556
202512 7.854 324.054 8.094
202603 7.627 330.213 7.713
202606 7.351 333.952 7.351

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

What does a Cyclically Adjusted Book per Share of NT$10.68 mean?
Empower Technology (ROCO:5348) has a Cyclically Adjusted Book per Share of NT$10.68 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Empower Technology and its competitors.
Is Empower Technology's Cyclically Adjusted Book per Share too high?
Empower Technology's current Cyclically Adjusted Book per Share is NT$10.68. Overall, Empower Technology has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Empower Technology's Cyclically Adjusted Book per Share compare to CSCO and MSI?
Empower Technology's Cyclically Adjusted Book per Share of NT$10.68 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Empower Technology and its competitors. Empower Technology's current Cyclically Adjusted Book per Share is NT$10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empower Technology stock overvalued right now?
Based on GuruFocus' analysis, Empower Technology (ROCO:5348) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$25.62, compared to a current price of NT$16.30 — trading 36.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$10.68. Empower Technology's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Empower Technology (ROCO:5348), the current Cyclically Adjusted Book per Share is NT$10.68 as of Jun. 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 Empower Technology (ROCO:5348) Overvalued in 2026?

Based on GuruFocus' analysis, Empower Technology stock appears to be undervalued. The current stock price of NT$16.30 is trading 36.4% below its estimated GF Value™ of NT$25.62. GuruFocus considers Empower Technology to be Significantly Undervalued.

Key valuation signals for ROCO:5348:

  • Cyclically Adjusted Book per Share: NT$10.68
  • GF Value™: NT$25.62 vs. price of NT$16.30 (36.4% below fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the ROCO:5348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empower Technology Business Description

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.
66GF Score

Get the complete analysis for ROCO:5348

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

NT$16.30
Price
NT$25.62
GF Value