Powertech Technology (TPE:6239) Cyclically Adjusted PB Ratio: 3.89 (As of Jul. 27, 2026) — 110% Above Median

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TPE:6239 Powertech Technology Inc TPE:6239
70 GF Score
Price NT$279.50
GF Value NT$163.24
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Powertech Technology Cyclically Adjusted PB Ratio?

Powertech Technology TPE:6239 -4.93% 70 Cyclically Adjusted PB Ratio is 3.89 as of Jul. 27, 2026, which is 110% above its 10-year median of 1.85. GuruFocus rates TPE:6239 with a GF Score™ of 70/100 and a GF Value™ of NT$163.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 734 Semiconductors companies, Powertech Technology ranks worse than 56.27% on this metric.

As of today (2026-07-27), Powertech Technology's current share price is NT$279.50. Powertech Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$71.83. Powertech Technology's Cyclically Adjusted PB Ratio for today is 3.89.

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

TPE:6239' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.85   Max: 5.28
Current: 3.89

During the past years, Powertech Technology's highest Cyclically Adjusted PB Ratio was 5.28. The lowest was 1.21. And the median was 1.85.

TPE:6239's Cyclically Adjusted PB Ratio is ranked worse than
56.27% of 734 companies
in the Semiconductors industry
Industry Median: 3.18 vs TPE:6239: 3.89

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 Technology's adjusted book value per share data for the three months ended in Mar. 2026 was NT$79.001. 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$71.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Powertech Technology  (TPE:6239) 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 Technology Cyclically Adjusted PB Ratio Related Terms


Powertech Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Powertech 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.

Powertech Technology Cyclically Adjusted PB Ratio Chart

Powertech 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 1.78 1.33 2.25 1.83 2.47

Powertech 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 1.80 1.91 2.09 2.47 2.60

TPE:6239 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Powertech 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.


Powertech Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:6239
70GF Score
Powertech Technology Inc TPE:6239
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Powertech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=279.50/71.83
=3.89

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

For example, Powertech 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)
=79.001/330.2130*330.2130
=79.001

Current CPI (Mar. 2026) = 330.2130.

Powertech Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 42.435 241.018 58.139
201609 44.017 241.428 60.204
201612 45.967 241.432 62.870
201703 47.369 243.801 64.158
201706 44.866 244.955 60.482
201709 47.003 246.819 62.884
201712 48.962 246.524 65.583
201803 50.753 249.554 67.157
201806 48.581 251.989 63.662
201809 50.921 252.439 66.609
201812 52.775 251.233 69.366
201903 54.140 254.202 70.329
201906 50.959 256.143 65.695
201909 52.979 256.759 68.135
201912 55.413 256.974 71.206
202003 57.587 258.115 73.672
202006 55.182 257.797 70.683
202009 57.354 260.280 72.764
202012 59.495 260.474 75.424
202103 61.517 264.877 76.691
202106 59.258 271.696 72.021
202109 62.526 274.310 75.268
202112 65.250 278.802 77.282
202203 67.896 287.504 77.982
202206 64.581 296.311 71.970
202209 68.175 296.808 75.848
202212 69.966 296.797 77.843
202303 71.422 301.836 78.137
202306 65.952 305.109 71.378
202309 68.383 307.789 73.365
202312 73.419 306.746 79.036
202403 76.025 312.332 80.377
202406 71.364 314.175 75.007
202409 73.832 315.301 77.324
202412 76.074 315.605 79.595
202503 78.138 319.799 80.683
202506 71.132 322.561 72.819
202509 73.565 324.800 74.791
202512 76.192 324.054 77.640
202603 79.001 330.213 79.001

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 3.89 mean?
Powertech Technology (TPE:6239) has a Cyclically Adjusted PB Ratio of 3.89 as of Jul. 27, 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 Technology and its competitors. This is 110% above median its historical median of 1.85. Over the past decade, Powertech Technology's Cyclically Adjusted PB Ratio has ranged from 1.21 to 5.28. According to the industry distribution chart, Powertech Technology ranks #413 out of 734 companies in the Semiconductors industry, placing it in the top 56.3%.
Is Powertech Technology's Cyclically Adjusted PB Ratio too high?
Powertech Technology's current Cyclically Adjusted PB Ratio of 3.89 is 110% above median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 5.28. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. Powertech Technology's value of 3.89 is 22.3% above this industry median. Based on the distribution chart, Powertech Technology ranks #413 out of 734 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Powertech Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Powertech Technology's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Powertech Technology ranks #413 out of 734 companies for Cyclically Adjusted PB Ratio. This places Powertech Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. Powertech Technology's value of 3.89 is 22.3% above this benchmark. Historically, Powertech Technology's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 5.28 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 3.18, Powertech Technology has consistently been above 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 734 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 Technology's current Cyclically Adjusted PB Ratio of 3.89 is 22.3% above 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 Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Powertech Technology's current Cyclically Adjusted PB Ratio is 3.89, which is 110% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powertech Technology stock overvalued right now?
Based on GuruFocus' analysis, Powertech Technology (TPE:6239) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$163.24, compared to a current price of NT$279.50 — trading 71.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.89, which is 110% above median its 10-year median of 1.85 and 22.3% above the Semiconductors industry median of 3.18. Powertech Technology's overall GF Score™ is 70/100 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 Technology (TPE:6239), the current Cyclically Adjusted PB Ratio is 3.89 as of Jul. 27, 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 Technology (TPE:6239) Overvalued in 2026?

Based on GuruFocus' analysis, Powertech Technology stock appears to be overvalued. The current stock price of NT$279.50 is trading 71.2% above its estimated GF Value™ of NT$163.24. GuruFocus considers Powertech Technology to be Significantly Overvalued.

Key valuation signals for TPE:6239:

  • Cyclically Adjusted PB Ratio: 3.89 (110% above median its 10-year median of 1.85)
  • GF Value™: NT$163.24 vs. price of NT$279.50 (71.2% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 22.3% above the Semiconductors median (#413 of 734)

No single metric tells the full story. See the TPE:6239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Powertech Technology Business Description

Address No.10, Datong Road, Hsinchu Industrial Park, HuKou Shiang, Hsinchu, TWN, 303035
Powertech Technology Inc is mainly engaged in the manufacturing, packaging, testing, researching and developing, designing, assembling, and selling of various integrated circuit products. PTI also provides semiconductor testing and assembly services on a turnkey basis, in which PTI buys fabricated wafers and sells tested and assembled semiconductors. The company serves international customers with services including chip bumping, chip probing, IC assembly, final testing, burn-in, and system-level assembly. Geographically, the company derives a majority of its revenue from Taiwan followed by Singapore, Japan, America, Europe, China, Hong Kong, Macao, and other regions.
70GF Score

Get the complete analysis for TPE:6239

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

NT$279.50
Price
NT$163.24
GF Value