Ennoconn (TPE:6414) Cyclically Adjusted PB Ratio: (As of Aug. 03, 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:6414 Ennoconn Corp TPE:6414
80 GF Score
Price NT$437.50
GF Value NT$323.38
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ennoconn Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ennoconn  (TPE:6414) 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.


Ennoconn Cyclically Adjusted PB Ratio Related Terms


Ennoconn Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ennoconn'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.

Ennoconn Cyclically Adjusted PB Ratio Chart

Ennoconn 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 3.55 2.51 2.80 2.60 2.24

Ennoconn 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 2.42 2.38 2.36 2.24 0.00

TPE:6414 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Ennoconn'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.


Ennoconn Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TPE:6414
80GF Score
Ennoconn Corp TPE:6414
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ennoconn 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.

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

For example, Ennoconn'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)
=167.207/330.2130*330.2130
=167.207

Current CPI (Mar. 2026) = 330.2130.

Ennoconn Quarterly Data

Book Value per Share CPI Adj_Book
201606 43.679 241.018 59.844
201609 65.824 241.428 90.031
201612 70.061 241.432 95.824
201703 68.563 243.801 92.864
201706 64.988 244.955 87.607
201709 69.697 246.819 93.246
201712 79.752 246.524 106.826
201803 81.303 249.554 107.581
201806 81.565 251.989 106.885
201809 85.222 252.439 111.478
201812 76.964 251.233 101.159
201903 91.903 254.202 119.384
201906 88.226 256.143 113.739
201909 88.697 256.759 114.072
201912 89.621 256.974 115.163
202003 90.759 258.115 116.110
202006 89.158 257.797 114.203
202009 95.224 260.280 120.809
202012 99.153 260.474 125.700
202103 97.145 264.877 121.107
202106 93.034 271.696 113.071
202109 95.712 274.310 115.218
202112 106.809 278.802 126.505
202203 117.948 287.504 135.469
202206 117.175 296.311 130.581
202209 128.116 296.808 142.535
202212 146.519 296.797 163.015
202303 137.718 301.836 150.666
202306 155.443 305.109 168.233
202309 167.305 307.789 179.494
202312 165.914 306.746 178.607
202403 165.225 312.332 174.684
202406 167.304 314.175 175.845
202409 170.887 315.301 178.969
202412 176.467 315.605 184.635
202503 174.305 319.799 179.981
202506 164.638 322.561 168.544
202509 168.844 324.800 171.658
202512 190.049 324.054 193.661
202603 167.207 330.213 167.207

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 Ennoconn (TPE:6414) Overvalued in 2026?

Based on GuruFocus' analysis, Ennoconn stock appears to be overvalued. The current stock price of NT$437.50 is trading 35.3% above its estimated GF Value™ of NT$323.38. GuruFocus considers Ennoconn to be Significantly Overvalued.

Key valuation signals for TPE:6414:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$323.38 vs. price of NT$437.50 (35.3% above fair value)
  • GF Score™: 80/100 with 9 warning signs

No single metric tells the full story. See the TPE:6414 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ennoconn Business Description

Address Jiankang Road, No. 10, 3rd-6th Floor, Zhonghe District, New Taipei City, TWN, 23586
Ennoconn Corp and its subsidiaries are mainly engaged in the manufacturing and sales of industrial computers and IoT devices, intelligent manufacturing system integration, artificial intelligence and information software development services, data processing and cloud computing services, electronic component design and manufacturing, as well as international trade and import/export of telecommunications radio frequency equipment. The Group's operating departments are: the Industrial Internet of Things Business Group, which generates the maximum revenue; the Intelligent Software and Solutions Business Group; and the Smart Factory and Facility Services Business Group. Geographically, it derives the majority of its revenue from Europe, with the remainder from Taiwan, China, and other markets.
80GF Score

Get the complete analysis for TPE:6414

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

NT$437.50
Price
NT$323.38
GF Value