Enermax Technology (ROCO:8093) Cyclically Adjusted PB Ratio: 1.50 (As of Aug. 16, 2026) — 30% Above Median

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ROCO:8093 Enermax Technology Corp ROCO:8093
55 GF Score
Price NT$25.40
GF Value NT$20.51
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Enermax Technology Cyclically Adjusted PB Ratio?

Enermax Technology ROCO:8093 +5.39% 55 Cyclically Adjusted PB Ratio is 1.50 as of Aug. 16, 2026, which is 30% above its 10-year median of 1.15. GuruFocus rates ROCO:8093 with a GF Score™ of 55/100 and a GF Value™ of NT$20.51 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,962 Hardware companies, Enermax Technology ranks better than 59.73% on this metric.

As of today (2026-08-16), Enermax Technology's current share price is NT$25.40. Enermax Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$16.94. Enermax Technology's Cyclically Adjusted PB Ratio for today is 1.50.

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

ROCO:8093' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.15   Max: 2.64
Current: 1.5

During the past years, Enermax Technology's highest Cyclically Adjusted PB Ratio was 2.64. The lowest was 0.36. And the median was 1.15.

ROCO:8093's Cyclically Adjusted PB Ratio is ranked better than
59.73% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs ROCO:8093: 1.50

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.

Enermax Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$6.843. 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$16.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enermax Technology  (ROCO:8093) 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.


Enermax Technology Cyclically Adjusted PB Ratio Related Terms


Enermax Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Enermax 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.

Enermax Technology Cyclically Adjusted PB Ratio Chart

Enermax 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 1.15 0.88 1.43 1.88 1.27

Enermax 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 1.49 1.55 1.45 1.27 1.16

ROCO:8093 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Enermax 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.


Enermax Technology Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:8093
55GF Score
Enermax Technology Corp ROCO:8093
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enermax 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.40/16.94
=1.50

* 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.

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

For example, Enermax 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)
=6.843/330.2130*330.2130
=6.843

Current CPI (Mar. 2026) = 330.2130.

Enermax Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.694 241.018 25.612
201609 18.727 241.428 25.614
201612 18.378 241.432 25.136
201703 17.470 243.801 23.662
201706 17.537 244.955 23.641
201709 18.218 246.819 24.373
201712 18.156 246.524 24.320
201803 18.974 249.554 25.107
201806 18.649 251.989 24.438
201809 17.900 252.439 23.415
201812 17.575 251.233 23.100
201903 16.883 254.202 21.931
201906 15.990 256.143 20.614
201909 14.764 256.759 18.988
201912 14.323 256.974 18.405
202003 13.856 258.115 17.726
202006 14.352 257.797 18.384
202009 14.500 260.280 18.396
202012 15.034 260.474 19.059
202103 14.698 264.877 18.323
202106 14.144 271.696 17.190
202109 12.998 274.310 15.647
202112 12.932 278.802 15.317
202203 12.746 287.504 14.639
202206 12.778 296.311 14.240
202209 13.276 296.808 14.770
202212 13.137 296.797 14.616
202303 12.707 301.836 13.902
202306 11.956 305.109 12.940
202309 11.143 307.789 11.955
202312 10.282 306.746 11.069
202403 9.475 312.332 10.017
202406 11.101 314.175 11.668
202409 9.646 315.301 10.102
202412 8.684 315.605 9.086
202503 9.113 319.799 9.410
202506 8.494 322.561 8.696
202509 7.769 324.800 7.898
202512 7.216 324.054 7.353
202603 6.843 330.213 6.843

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 1.50 mean?
Enermax Technology (ROCO:8093) has a Cyclically Adjusted PB Ratio of 1.50 as of Aug. 16, 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 Enermax Technology and its competitors. This is 30% above median its historical median of 1.15. Over the past decade, Enermax Technology's Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.64. According to the industry distribution chart, Enermax Technology ranks #790 out of 1962 companies in the Hardware industry, placing it in the top 40.3%.
Is Enermax Technology's Cyclically Adjusted PB Ratio too high?
Enermax Technology's current Cyclically Adjusted PB Ratio of 1.50 is 30% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.64. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. Enermax Technology's value of 1.50 is 29.1% below this industry median. Based on the distribution chart, Enermax Technology ranks #790 out of 1962 companies in the Hardware industry, which is above the industry midpoint. Overall, Enermax Technology has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enermax Technology's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Enermax Technology ranks #790 out of 1962 companies for Cyclically Adjusted PB Ratio. This puts Enermax Technology in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Enermax Technology's value of 1.50 is 29.1% below this benchmark. Historically, Enermax Technology's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.64 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 2.12, Enermax 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 2.12, based on 1,962 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. Enermax Technology's current Cyclically Adjusted PB Ratio of 1.50 is 29.1% 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 Enermax Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enermax Technology's current Cyclically Adjusted PB Ratio is 1.50, which is 30% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enermax Technology stock overvalued right now?
Based on GuruFocus' analysis, Enermax Technology (ROCO:8093) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$20.51, compared to a current price of NT$25.40 — trading 23.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is 30% above median its 10-year median of 1.15 and 29.1% below the Hardware industry median of 2.12. Enermax Technology's overall GF Score™ is 55/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Enermax Technology (ROCO:8093), the current Cyclically Adjusted PB Ratio is 1.50 as of Aug. 16, 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 Enermax Technology (ROCO:8093) Overvalued in 2026?

Based on GuruFocus' analysis, Enermax Technology stock appears to be overvalued. The current stock price of NT$25.40 is trading 23.8% above its estimated GF Value™ of NT$20.51. GuruFocus considers Enermax Technology to be Modestly Overvalued.

Key valuation signals for ROCO:8093:

  • Cyclically Adjusted PB Ratio: 1.50 (30% above median its 10-year median of 1.15)
  • GF Value™: NT$20.51 vs. price of NT$25.40 (23.8% above fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 29.1% below the Hardware median (#790 of 1962)

No single metric tells the full story. See the ROCO:8093 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enermax Technology Business Description

Address 2F-1, No. 888, Jingguo Road, Taoyuan District, Taoyuan, TWN, 330
Enermax Technology Corp is engaged in the manufacturing, sales, maintenance, and import/export of computer hardware and peripheral products, the design of computer and system software, as well as the trading and import/export of bicycles and related accessories. Geographically, the company operates in four segments namely Taiwan, Europe, Asia and America.
55GF Score

Get the complete analysis for ROCO:8093

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

NT$25.40
Price
NT$20.51
GF Value