Powertech Industrial Co (TPE:3296) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3296 Powertech Industrial Co Ltd TPE:3296
66 GF Score
Price NT$23.00
GF Value NT$20.49
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Powertech Industrial Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Powertech Industrial Co  (TPE:3296) 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.


Powertech Industrial Co Cyclically Adjusted PB Ratio Related Terms


Powertech Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Powertech Industrial Co'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.

Powertech Industrial Co Cyclically Adjusted PB Ratio Chart

Powertech Industrial Co 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 1.06 0.88 1.13 1.68 1.40

Powertech Industrial Co 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 1.30 1.09 1.25 1.40 1.27

TPE:3296 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Powertech Industrial Co'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.


Powertech Industrial Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Powertech Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:3296
66GF Score
Powertech Industrial Co Ltd TPE:3296
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Powertech Industrial Co 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.

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

For example, Powertech Industrial Co'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)
=13.038/330.2130*330.2130
=13.038

Current CPI (Mar. 2026) = 330.2130.

Powertech Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.508 241.018 22.617
201609 15.748 241.428 21.539
201612 17.363 241.432 23.748
201703 16.362 243.801 22.161
201706 15.325 244.955 20.659
201709 15.568 246.819 20.828
201712 15.673 246.524 20.994
201803 15.038 249.554 19.898
201806 15.189 251.989 19.904
201809 15.603 252.439 20.410
201812 16.398 251.233 21.553
201903 16.538 254.202 21.483
201906 15.857 256.143 20.442
201909 15.408 256.759 19.816
201912 15.194 256.974 19.524
202003 14.626 258.115 18.711
202006 14.643 257.797 18.756
202009 14.831 260.280 18.816
202012 15.162 260.474 19.221
202103 14.747 264.877 18.385
202106 14.461 271.696 17.576
202109 13.904 274.310 16.738
202112 13.161 278.802 15.588
202203 12.903 287.504 14.820
202206 13.008 296.311 14.496
202209 13.553 296.808 15.078
202212 12.924 296.797 14.379
202303 12.484 301.836 13.658
202306 11.842 305.109 12.816
202309 12.187 307.789 13.075
202312 11.828 306.746 12.733
202403 12.138 312.332 12.833
202406 12.262 314.175 12.888
202409 12.274 315.301 12.854
202412 12.863 315.605 13.458
202503 13.193 319.799 13.623
202506 11.761 322.561 12.040
202509 12.331 324.800 12.537
202512 13.003 324.054 13.250
202603 13.038 330.213 13.038

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.

Is Powertech Industrial Co (TPE:3296) Overvalued in 2026?

Based on GuruFocus' analysis, Powertech Industrial Co stock appears to be overvalued. The current stock price of NT$23.00 is trading 12.2% above its estimated GF Value™ of NT$20.49. GuruFocus considers Powertech Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:3296:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$20.49 vs. price of NT$23.00 (12.2% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the TPE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Powertech Industrial Co Business Description

Address No. 407, Chung Shan Road, 10th Floor, Section 2, Zhonghe District, New Taipei, TWN, 23558
Powertech Industrial Co Ltd is engaged in the manufacturing of electronic circuit power protection devices, smart home wireless remote control devices, wired and wireless communication equipment, and electronic modules and parts, and in international trade. Geographically, the company operates in United States; Asia; and Europe, of which it generates maximum revenue from United States. The Operating segments are: Operating Center and Manufacturing center. The operating center mainly includes the research and development unit, business unit, and other management units of the Company. The manufacturing center mainly includes the production unit, production-related supporting unit, and Mainland China domestic unit, and Vietnam factory.
66GF Score

Get the complete analysis for TPE:3296

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

NT$23.00
Price
NT$20.49
GF Value