ENE Technology (TPE:6243) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:6243 ENE Technology Inc TPE:6243
70 GF Score
Price NT$46.10
GF Value NT$37.39
Valuation Modestly Overvalued
! 5 Warning Signs
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What is ENE Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ENE Technology  (TPE:6243) 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.


ENE Technology Cyclically Adjusted PB Ratio Related Terms


ENE Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ENE 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.

ENE Technology Cyclically Adjusted PB Ratio Chart

ENE 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 2.44 1.20 3.40 2.26 1.88

ENE 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 1.79 1.83 1.75 1.88 0.00

TPE:6243 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, ENE 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.


ENE Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TPE:6243
70GF Score
ENE Technology Inc TPE:6243
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENE 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.

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

For example, ENE 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)
=15.42/330.2130*330.2130
=15.420

Current CPI (Mar. 2026) = 330.2130.

ENE Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.567 241.018 29.548
201609 20.586 241.428 28.156
201612 20.395 241.432 27.895
201703 18.922 243.801 25.629
201706 17.962 244.955 24.214
201709 17.444 246.819 23.338
201712 17.209 246.524 23.051
201803 16.086 249.554 21.285
201806 16.180 251.989 21.203
201809 16.063 252.439 21.012
201812 15.599 251.233 20.503
201903 15.192 254.202 19.735
201906 14.968 256.143 19.296
201909 14.627 256.759 18.812
201912 13.809 256.974 17.745
202003 13.541 258.115 17.323
202006 13.085 257.797 16.761
202009 12.935 260.280 16.410
202012 12.123 260.474 15.369
202103 12.489 264.877 15.570
202106 12.669 271.696 15.398
202109 13.369 274.310 16.094
202112 16.993 278.802 20.127
202203 17.301 287.504 19.871
202206 16.716 296.311 18.629
202209 17.434 296.808 19.396
202212 17.494 296.797 19.464
202303 17.946 301.836 19.633
202306 17.470 305.109 18.907
202309 18.338 307.789 19.674
202312 18.114 306.746 19.500
202403 18.702 312.332 19.773
202406 18.296 314.175 19.230
202409 18.189 315.301 19.049
202412 18.661 315.605 19.525
202503 18.957 319.799 19.574
202506 17.089 322.561 17.494
202509 17.137 324.800 17.423
202512 16.971 324.054 17.294
202603 15.420 330.213 15.420

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 ENE Technology (TPE:6243) Overvalued in 2026?

Based on GuruFocus' analysis, ENE Technology stock appears to be overvalued. The current stock price of NT$46.10 is trading 23.3% above its estimated GF Value™ of NT$37.39. GuruFocus considers ENE Technology to be Modestly Overvalued.

Key valuation signals for TPE:6243:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$37.39 vs. price of NT$46.10 (23.3% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TPE:6243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENE Technology Business Description

Address No.21, Lixing Road, 4th Floor, Hsinchu Science Park, Hsinchu, TWN
ENE Technology Inc is a Taiwan-based company operating in the integrated circuit business. The Group's business activities include the design, development, manufacturing, and sale of integrated circuit products. Its product categories include UAVs for patrol, reconnaissance, and surveying, security tasks, long-endurance fixed-wing missions, heavy load, and special operations, and MCU products for Touch Key Applications and LED Applications. The Company operates in Taiwan, which generates maximum revenue, China, and other regions.
70GF Score

Get the complete analysis for TPE:6243

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

NT$46.10
Price
NT$37.39
GF Value