Powertech Industrial Co (TPE:3296) Cyclically Adjusted PB Ratio: 1.58 (As of Jul. 26, 2026) — 52% Above Median

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TPE:3296 Powertech Industrial Co Ltd TPE:3296
67 GF Score
Price NT$27.00
GF Value NT$20.55
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Powertech Industrial Co Cyclically Adjusted PB Ratio?

Powertech Industrial Co TPE:3296 -0.92% 67 Cyclically Adjusted PB Ratio is 1.58 as of Jul. 26, 2026, which is 52% above its 10-year median of 1.04. GuruFocus rates TPE:3296 with a GF Score™ of 67/100 and a GF Value™ of NT$20.55 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,977 Hardware companies, Powertech Industrial Co ranks better than 57.31% on this metric.

As of today (2026-07-26), Powertech Industrial Co's current share price is NT$27.00. Powertech Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$17.09. Powertech Industrial Co's Cyclically Adjusted PB Ratio for today is 1.58.

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

TPE:3296' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.04   Max: 1.94
Current: 1.58

During the past years, Powertech Industrial Co's highest Cyclically Adjusted PB Ratio was 1.94. The lowest was 0.71. And the median was 1.04.

TPE:3296's Cyclically Adjusted PB Ratio is ranked better than
57.31% of 1977 companies
in the Hardware industry
Industry Median: 2.02 vs TPE:3296: 1.58

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.

Powertech Industrial Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$13.003. 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$17.09 for the trailing ten years ended in Dec. 2025.

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
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.68 1.30 1.09 1.25 1.40

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
67GF Score
Powertech Industrial Co Ltd TPE:3296
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.00/17.09
=1.58

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Powertech Industrial Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=13.003/324.0540*324.0540
=13.003

Current CPI (Dec. 2025) = 324.0540.

Powertech Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 16.473 238.132 22.417
201606 16.508 241.018 22.195
201609 15.748 241.428 21.138
201612 17.363 241.432 23.305
201703 16.362 243.801 21.748
201706 15.325 244.955 20.274
201709 15.568 246.819 20.440
201712 15.673 246.524 20.602
201803 15.038 249.554 19.527
201806 15.189 251.989 19.533
201809 15.603 252.439 20.029
201812 16.398 251.233 21.151
201903 16.538 254.202 21.082
201906 15.857 256.143 20.061
201909 15.408 256.759 19.446
201912 15.194 256.974 19.160
202003 14.626 258.115 18.362
202006 14.643 257.797 18.406
202009 14.831 260.280 18.465
202012 15.162 260.474 18.863
202103 14.747 264.877 18.042
202106 14.461 271.696 17.248
202109 13.904 274.310 16.425
202112 13.161 278.802 15.297
202203 12.903 287.504 14.543
202206 13.008 296.311 14.226
202209 13.553 296.808 14.797
202212 12.924 296.797 14.111
202303 12.484 301.836 13.403
202306 11.842 305.109 12.577
202309 12.187 307.789 12.831
202312 11.828 306.746 12.495
202403 12.138 312.332 12.594
202406 12.262 314.175 12.648
202409 12.274 315.301 12.615
202412 12.863 315.605 13.207
202503 13.193 319.799 13.369
202506 11.761 322.561 11.815
202509 12.331 324.800 12.303
202512 13.003 324.054 13.003

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 1.58 mean?
Powertech Industrial Co (TPE:3296) has a Cyclically Adjusted PB Ratio of 1.58 as of Jul. 26, 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 Powertech Industrial Co and its competitors. This is 52% above median its historical median of 1.04. Over the past decade, Powertech Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.94. According to the industry distribution chart, Powertech Industrial Co ranks #844 out of 1977 companies in the Hardware industry, placing it in the top 42.7%.
Is Powertech Industrial Co's Cyclically Adjusted PB Ratio too high?
Powertech Industrial Co's current Cyclically Adjusted PB Ratio of 1.58 is 52% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.94. The Hardware industry median Cyclically Adjusted PB Ratio is 2.02. Powertech Industrial Co's value of 1.58 is 21.8% below this industry median. Based on the distribution chart, Powertech Industrial Co ranks #844 out of 1977 companies in the Hardware industry, which is above the industry midpoint. Overall, Powertech Industrial Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Powertech Industrial Co's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Powertech Industrial Co ranks #844 out of 1977 companies for Cyclically Adjusted PB Ratio. This puts Powertech Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.02. Powertech Industrial Co's value of 1.58 is 21.8% below this benchmark. Historically, Powertech Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.94 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 2.02, Powertech Industrial Co 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 2.02, based on 1,977 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. Powertech Industrial Co's current Cyclically Adjusted PB Ratio of 1.58 is 21.8% 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 Powertech Industrial Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Powertech Industrial Co's current Cyclically Adjusted PB Ratio is 1.58, which is 52% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powertech Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Powertech Industrial Co (TPE:3296) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$20.55, compared to a current price of NT$27.00 — trading 31.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.58, which is 52% above median its 10-year median of 1.04 and 21.8% below the Hardware industry median of 2.02. Powertech Industrial Co's overall GF Score™ is 67/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Powertech Industrial Co (TPE:3296), the current Cyclically Adjusted PB Ratio is 1.58 as of Jul. 26, 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 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$27.00 is trading 31.4% above its estimated GF Value™ of NT$20.55. GuruFocus considers Powertech Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:3296:

  • Cyclically Adjusted PB Ratio: 1.58 (52% above median its 10-year median of 1.04)
  • GF Value™: NT$20.55 vs. price of NT$27.00 (31.4% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 21.8% below the Hardware median (#844 of 1977)

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.
67GF 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$27.00
Price
NT$20.55
GF Value