Electric Power Technology (ROCO:4529) Cyclically Adjusted PB Ratio: 0.28 (As of Aug. 12, 2026) — 46% Below Median

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ROCO:4529 Electric Power Technology Ltd ROCO:4529
45 GF Score
Price NT$4.16
GF Value NT$6.15
Valuation Possible Value Trap
! 4 Warning Signs
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What is Electric Power Technology Cyclically Adjusted PB Ratio?

Electric Power Technology ROCO:4529 -1.42% 45 Cyclically Adjusted PB Ratio is 0.28 as of Aug. 12, 2026, which is 46% below its 10-year median of 0.52. GuruFocus rates ROCO:4529 with a GF Score™ of 45/100 and a GF Value™ of NT$6.15 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,965 Hardware companies, Electric Power Technology ranks better than 94.3% on this metric.

As of today (2026-08-12), Electric Power Technology's current share price is NT$4.16. Electric Power Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$15.11. Electric Power Technology's Cyclically Adjusted PB Ratio for today is 0.28.

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

ROCO:4529' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.52   Max: 1.15
Current: 0.28

During the past years, Electric Power Technology's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.21. And the median was 0.52.

ROCO:4529's Cyclically Adjusted PB Ratio is ranked better than
94.3% of 1965 companies
in the Hardware industry
Industry Median: 2.07 vs ROCO:4529: 0.28

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.

Electric Power Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$3.368. 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


Electric Power Technology  (ROCO:4529) 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.


Electric Power Technology Cyclically Adjusted PB Ratio Related Terms


Electric Power Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Electric Power 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.

Electric Power Technology Cyclically Adjusted PB Ratio Chart

Electric Power 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 0.70 0.48 0.51 0.37 0.23

Electric 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 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 0.33 0.23 0.23 0.23 0.21

ROCO:4529 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Electric 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.


Electric Power Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:4529
45GF Score
Electric Power Technology Ltd ROCO:4529
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electric Power 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.16/15.11
=0.28

* 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.

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

For example, Electric 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)
=3.368/330.2130*330.2130
=3.368

Current CPI (Mar. 2026) = 330.2130.

Electric Power Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 29.437 241.018 40.331
201609 28.668 241.428 39.211
201612 26.294 241.432 35.963
201703 24.928 243.801 33.763
201706 23.412 244.955 31.561
201709 22.442 246.819 30.025
201712 19.548 246.524 26.184
201803 19.157 249.554 25.349
201806 18.874 251.989 24.733
201809 18.071 252.439 23.638
201812 17.144 251.233 22.534
201903 17.616 254.202 22.884
201906 16.741 256.143 21.582
201909 14.109 256.759 18.145
201912 9.907 256.974 12.731
202003 9.519 258.115 12.178
202006 9.843 257.797 12.608
202009 8.999 260.280 11.417
202012 7.132 260.474 9.042
202103 6.867 264.877 8.561
202106 6.805 271.696 8.271
202109 14.564 274.310 17.532
202112 13.837 278.802 16.389
202203 11.872 287.504 13.636
202206 10.056 296.311 11.207
202209 9.005 296.808 10.018
202212 6.332 296.797 7.045
202303 6.598 301.836 7.218
202306 6.048 305.109 6.546
202309 5.744 307.789 6.162
202312 4.939 306.746 5.317
202403 4.400 312.332 4.652
202406 3.928 314.175 4.129
202409 3.842 315.301 4.024
202412 3.486 315.605 3.647
202503 3.258 319.799 3.364
202506 2.736 322.561 2.801
202509 3.544 324.800 3.603
202512 3.128 324.054 3.187
202603 3.368 330.213 3.368

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 0.28 mean?
Electric Power Technology (ROCO:4529) has a Cyclically Adjusted PB Ratio of 0.28 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 Electric Power Technology and its competitors. This is 46% below median its historical median of 0.52. Over the past decade, Electric Power Technology's Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.15. According to the industry distribution chart, Electric Power Technology ranks #112 out of 1965 companies in the Hardware industry, placing it in the top 5.7%.
Is Electric Power Technology's Cyclically Adjusted PB Ratio too high?
Electric Power Technology's current Cyclically Adjusted PB Ratio of 0.28 is 46% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.15. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Electric Power Technology's value of 0.28 is 86.5% below this industry median. Based on the distribution chart, Electric Power Technology ranks #112 out of 1965 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Electric Power Technology has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Electric Power Technology's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Electric Power Technology ranks #112 out of 1965 companies for Cyclically Adjusted PB Ratio. This places Electric Power Technology in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Electric Power Technology's value of 0.28 is 86.5% below this benchmark. Historically, Electric Power Technology's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.15 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 2.07, Electric Power 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.07, based on 1,965 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. Electric Power Technology's current Cyclically Adjusted PB Ratio of 0.28 is 86.5% 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 Electric Power Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electric Power Technology's current Cyclically Adjusted PB Ratio is 0.28, which is 46% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Electric Power Technology (ROCO:4529) is currently considered Possible Value Trap. The stock's GF Value™ is NT$6.15, compared to a current price of NT$4.16 — trading 32.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.28, which is 46% below median its 10-year median of 0.52 and 86.5% below the Hardware industry median of 2.07. Electric Power Technology's overall GF Score™ is 45/100 with 4 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 Electric Power Technology (ROCO:4529), the current Cyclically Adjusted PB Ratio is 0.28 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 Electric Power Technology (ROCO:4529) Overvalued in 2026?

Based on GuruFocus' analysis, Electric Power Technology stock appears to be undervalued. The current stock price of NT$4.16 is trading 32.4% below its estimated GF Value™ of NT$6.15. GuruFocus considers Electric Power Technology to be Possible Value Trap.

Key valuation signals for ROCO:4529:

  • Cyclically Adjusted PB Ratio: 0.28 (46% below median its 10-year median of 0.52)
  • GF Value™: NT$6.15 vs. price of NT$4.16 (32.4% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 86.5% below the Hardware median (#112 of 1965)

No single metric tells the full story. See the ROCO:4529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electric Power Technology Business Description

Address Guangfu South Road, 4th Floor, No.632, Da’an District, Taipei, TWN, 10695
Electric Power Technology Ltd is a Taiwanese holding company with an investment focus on the electric vehicle (EV), medical device, biotechnology, and clean technology industries. Geographically, the company derives all its revenue from Taiwan.
45GF Score

Get the complete analysis for ROCO:4529

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

NT$4.16
Price
NT$6.15
GF Value