Cpupower - monitor option - unknown preconditions

I would like to try using cpupower "monitor" option, but when I try

cpupower monitor

I only get the following "error" response:

No HW Cstate monitors found

Am I to interpret that as implying that my M4A78-E Motherboard does not have the necessary embedded chipset/logic for monitoring (or reporting) "Cstate" related data?