Empower Technology (ROCO:5348) Cyclically Adjusted PS Ratio: (As of Aug. 03, 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.

ROCO:5348 Empower Technology Corp ROCO:5348
62 GF Score
Price NT$16.90
GF Value NT$26.79
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Empower Technology Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Empower Technology  (ROCO:5348) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Empower Technology Cyclically Adjusted PS Ratio Related Terms


Empower Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Empower Technology's Cyclically Adjusted PS 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.

Empower Technology Cyclically Adjusted PS Ratio Chart

Empower Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.34 2.98 1.68 1.34

Empower 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 PS 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 1.96 1.42 1.40 1.34 0.00

ROCO:5348 vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Empower Technology's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Empower Technology Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:5348
62GF Score
Empower Technology Corp ROCO:5348
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Empower Technology Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

For example, Empower Technology's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.578/330.2130*330.2130
=4.578

Current CPI (Mar. 2026) = 330.2130.

Empower Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.081 241.018 2.851
201609 2.791 241.428 3.817
201612 3.510 241.432 4.801
201703 1.897 243.801 2.569
201706 1.263 244.955 1.703
201709 1.793 246.819 2.399
201712 2.684 246.524 3.595
201803 1.888 249.554 2.498
201806 1.156 251.989 1.515
201809 1.868 252.439 2.444
201812 1.791 251.233 2.354
201903 1.259 254.202 1.635
201906 2.431 256.143 3.134
201909 2.662 256.759 3.424
201912 2.920 256.974 3.752
202003 1.742 258.115 2.229
202006 0.862 257.797 1.104
202009 2.282 260.280 2.895
202012 2.470 260.474 3.131
202103 1.644 264.877 2.050
202106 1.972 271.696 2.397
202109 2.124 274.310 2.557
202112 2.155 278.802 2.552
202203 1.978 287.504 2.272
202206 4.422 296.311 4.928
202209 4.051 296.808 4.507
202212 5.158 296.797 5.739
202303 4.445 301.836 4.863
202306 3.221 305.109 3.486
202309 4.686 307.789 5.027
202312 2.848 306.746 3.066
202403 3.921 312.332 4.145
202406 4.307 314.175 4.527
202409 4.573 315.301 4.789
202412 5.936 315.605 6.211
202503 3.631 319.799 3.749
202506 4.122 322.561 4.220
202509 4.609 324.800 4.686
202512 5.575 324.054 5.681
202603 4.578 330.213 4.578

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Empower Technology (ROCO:5348) Overvalued in 2026?

Based on GuruFocus' analysis, Empower Technology stock appears to be undervalued. The current stock price of NT$16.90 is trading 36.9% below its estimated GF Value™ of NT$26.79. GuruFocus considers Empower Technology to be Significantly Undervalued.

Key valuation signals for ROCO:5348:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$26.79 vs. price of NT$16.90 (36.9% below fair value)
  • GF Score™: 62/100 with 1 warning sign

No single metric tells the full story. See the ROCO:5348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empower Technology Business Description

Address Ke Jung Road, Hsinchu Science Park, 3rd Floor, NO.31, Hsinchu, TWN
Empower Technology Corp Formerly Transystem Inc develops wireless communications products for RF communications and GPS markets. The Company's products include optical multiplexers, modems, Bluetooth GPS receivers, GPS data loggers, tracking devices, and modules for embedded GPS applications.
62GF Score

Get the complete analysis for ROCO:5348

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

NT$16.90
Price
NT$26.79
GF Value