Voltronic Power Technology (TPE:6409) Cyclically Adjusted Book per Share: NT$81.05 (As of Mar. 2026)


TPE:6409 Voltronic Power Technology Corp TPE:6409
100 GF Score
Price NT$1,255.00
GF Value NT$1,433.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Voltronic Power Technology Cyclically Adjusted Book per Share?

Voltronic Power Technology TPE:6409 +5.91% 100 Cyclically Adjusted Book per Share is NT$81.05 as of Mar. 2026. GuruFocus rates TPE:6409 with a GF Score™ of 100/100 and a GF Value™ of NT$1,433.41 (Modestly Undervalued). The stock has 5 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.

Voltronic Power Technology's adjusted book value per share for the three months ended in Mar. 2026 was NT$117.768. 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$81.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Voltronic Power Technology's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 Voltronic Power Technology was 13.50% per year. The lowest was 11.60% per year. And the median was 12.55% per year.

As of today (2026-07-05), Voltronic Power Technology's current stock price is NT$1255.00. Voltronic Power Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$81.05. Voltronic Power Technology's Cyclically Adjusted PB Ratio of today is 15.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Voltronic Power Technology was 36.86. The lowest was 8.35. And the median was 26.09.


Voltronic Power Technology  (TPE:6409) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1255.00/81.05
=15.48

* 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 Voltronic Power Technology was 36.86. The lowest was 8.35. And the median was 26.09.


Be Aware

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


Voltronic Power Technology Cyclically Adjusted Book per Share Related Terms


Voltronic Power Technology Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Voltronic Power 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.

Voltronic Power Technology Cyclically Adjusted Book per Share Chart

Voltronic Power 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 49.15 56.40 64.53 71.87 78.38

Voltronic Power 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 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 74.50 75.98 77.46 78.38 81.05

TPE:6409 vs VRT, BE: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Voltronic Power 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.


Voltronic Power Technology Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:6409
100GF Score
Voltronic Power Technology Corp TPE:6409
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voltronic Power 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, Voltronic Power 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)
=117.768/330.2130*330.2130
=117.768

Current CPI (Mar. 2026) = 330.2130.

Voltronic Power Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 41.988 241.018 57.527
201609 44.846 241.428 61.338
201612 49.419 241.432 67.592
201703 52.162 243.801 70.650
201706 39.121 244.955 52.737
201709 43.719 246.819 58.491
201712 48.167 246.524 64.519
201803 52.444 249.554 69.395
201806 39.962 251.989 52.367
201809 45.472 252.439 59.481
201812 51.296 251.233 67.422
201903 56.686 254.202 73.636
201906 44.177 256.143 56.952
201909 50.124 256.759 64.464
201912 55.791 256.974 71.692
202003 60.656 258.115 77.599
202006 47.316 257.797 60.607
202009 55.103 260.280 69.908
202012 61.058 260.474 77.406
202103 66.637 264.877 83.074
202106 50.120 271.696 60.915
202109 57.311 274.310 68.991
202112 65.291 278.802 77.331
202203 73.666 287.504 84.609
202206 63.795 296.311 71.094
202209 81.699 296.808 90.894
202212 95.067 296.797 105.770
202303 105.175 301.836 115.063
202306 75.639 305.109 81.862
202309 87.515 307.789 93.891
202312 95.267 306.746 102.555
202403 107.902 312.332 114.079
202406 86.679 314.175 91.104
202409 100.428 315.301 105.178
202412 113.191 315.605 118.430
202503 124.983 319.799 129.053
202506 84.610 322.561 86.617
202509 97.437 324.800 99.061
202512 108.925 324.054 110.995
202603 117.768 330.213 117.768

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$81.05 mean?
Voltronic Power Technology (TPE:6409) has a Cyclically Adjusted Book per Share of NT$81.05 as of Mar. 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 Voltronic Power Technology and its competitors.
Is Voltronic Power Technology's Cyclically Adjusted Book per Share too high?
Voltronic Power Technology's current Cyclically Adjusted Book per Share is NT$81.05. Overall, Voltronic Power Technology has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voltronic Power Technology's Cyclically Adjusted Book per Share compare to VRT and BE?
Voltronic Power Technology's Cyclically Adjusted Book per Share of NT$81.05 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Voltronic Power Technology and its competitors. Voltronic Power Technology's current Cyclically Adjusted Book per Share is NT$81.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltronic Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Voltronic Power Technology (TPE:6409) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$1,433.41, compared to a current price of NT$1,255.00 — trading 12.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$81.05. Voltronic Power Technology's overall GF Score™ is 100/100 with 5 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 Voltronic Power Technology (TPE:6409), the current Cyclically Adjusted Book per Share is NT$81.05 as of Mar. 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 Voltronic Power Technology (TPE:6409) Overvalued in 2026?

Based on GuruFocus' analysis, Voltronic Power Technology stock appears to be undervalued. The current stock price of NT$1,255.00 is trading 12.4% below its estimated GF Value™ of NT$1,433.41. GuruFocus considers Voltronic Power Technology to be Modestly Undervalued.

Key valuation signals for TPE:6409:

  • Cyclically Adjusted Book per Share: NT$81.05
  • GF Value™: NT$1,433.41 vs. price of NT$1,255.00 (12.4% below fair value)
  • GF Score™: 100/100 with 5 warning signs

No single metric tells the full story. See the TPE:6409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voltronic Power Technology Business Description

Address No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN
Voltronic Power Technology Corp mainly manufactures and sells power electronics products, including uninterruptible power supply systems and inverters. Its product portfolio also includes photovoltaic inverters, energy storage systems, variable frequency drives, and electric vehicle chargers.
100GF Score

Get the complete analysis for TPE:6409

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

NT$1,255.00
Price
NT$1,433.41
GF Value