Apex Biotechnology (TPE:1733) Cyclically Adjusted PS Ratio: 1.37 (As of Sep. 12, 2026) — Near Median

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Founder & CEO of GuruFocus
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TPE:1733 Apex Biotechnology Corp TPE:1733
82 GF Score
Price NT$30.80
GF Value NT$29.97
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Apex Biotechnology Cyclically Adjusted PS Ratio?

Apex Biotechnology TPE:1733 -0.65% 82 Cyclically Adjusted PS Ratio is 1.37 as of Sep. 12, 2026, which is 7% above its 10-year median of 1.28. GuruFocus rates TPE:1733 with a GF Score™ of 82/100 and a GF Value™ of NT$29.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 527 Medical Devices & Instruments companies, Apex Biotechnology ranks better than 62.62% on this metric.

As of today (2026-09-12), Apex Biotechnology's current share price is NT$30.80. Apex Biotechnology's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$22.51. Apex Biotechnology's Cyclically Adjusted PS Ratio for today is 1.37.

The historical rank and industry rank for Apex Biotechnology's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:1733' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.28   Max: 1.83
Current: 1.44

During the past years, Apex Biotechnology's highest Cyclically Adjusted PS Ratio was 1.83. The lowest was 0.95. And the median was 1.28.

TPE:1733's Cyclically Adjusted PS Ratio is ranked better than
62.62% of 527 companies
in the Medical Devices & Instruments industry
Industry Median: 2.19 vs TPE:1733: 1.44

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Apex Biotechnology's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$4.735. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is NT$22.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Biotechnology  (TPE:1733) 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.


Apex Biotechnology Cyclically Adjusted PS Ratio Related Terms


Apex Biotechnology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apex Biotechnology'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.

Apex Biotechnology Cyclically Adjusted PS Ratio Chart

Apex Biotechnology 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 1.25 1.17 1.84 1.37 1.38

Apex Biotechnology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.28 1.62 1.38 1.30 1.30

TPE:1733 vs VRTX, REGN, MRNA: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Apex Biotechnology'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.


Apex Biotechnology Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Apex Biotechnology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:1733
82GF Score
Apex Biotechnology Corp TPE:1733
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex Biotechnology 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.

Apex Biotechnology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.80/22.51
=1.37

* 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.

Apex Biotechnology's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Apex Biotechnology's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.735/333.9520*333.9520
=4.735

Current CPI (Jun. 2026) = 333.9520.

Apex Biotechnology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.213 241.428 4.444
201612 3.700 241.432 5.118
201703 4.262 243.801 5.838
201706 4.004 244.955 5.459
201709 4.762 246.819 6.443
201712 3.574 246.524 4.841
201803 4.706 249.554 6.298
201806 4.555 251.989 6.037
201809 4.968 252.439 6.572
201812 4.622 251.233 6.144
201903 4.659 254.202 6.121
201906 5.040 256.143 6.571
201909 4.765 256.759 6.198
201912 5.859 256.974 7.614
202003 4.521 258.115 5.849
202006 4.943 257.797 6.403
202009 4.631 260.280 5.942
202012 4.005 260.474 5.135
202103 5.096 264.877 6.425
202106 4.528 271.696 5.566
202109 5.091 274.310 6.198
202112 5.548 278.802 6.645
202203 5.187 287.504 6.025
202206 6.068 296.311 6.839
202209 6.055 296.808 6.813
202212 5.040 296.797 5.671
202303 4.342 301.836 4.804
202306 4.170 305.109 4.564
202309 4.140 307.789 4.492
202312 4.104 306.746 4.468
202403 4.493 312.332 4.804
202406 4.334 314.175 4.607
202409 5.084 315.301 5.385
202412 4.510 315.605 4.772
202503 5.566 319.799 5.812
202506 5.102 322.561 5.282
202509 4.345 324.800 4.467
202512 4.333 324.054 4.465
202603 5.163 330.213 5.221
202606 4.735 333.952 4.735

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.

What does a Cyclically Adjusted PS Ratio of 1.37 mean?
Apex Biotechnology (TPE:1733) has a Cyclically Adjusted PS Ratio of 1.37 as of Sep. 12, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Apex Biotechnology and its competitors. This is near median its historical median of 1.28. Over the past decade, Apex Biotechnology's Cyclically Adjusted PS Ratio has ranged from 0.95 to 1.83. According to the industry distribution chart, Apex Biotechnology ranks #197 out of 527 companies in the Medical Devices & Instruments industry, placing it in the top 37.4%.
Is Apex Biotechnology's Cyclically Adjusted PS Ratio too high?
Apex Biotechnology's current Cyclically Adjusted PS Ratio of 1.37 is near median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.83. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.19. Apex Biotechnology's value of 1.37 is 37.4% below this industry median. Based on the distribution chart, Apex Biotechnology ranks #197 out of 527 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Apex Biotechnology has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apex Biotechnology's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Medical Devices & Instruments industry distribution chart, Apex Biotechnology ranks #197 out of 527 companies for Cyclically Adjusted PS Ratio. This puts Apex Biotechnology in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.19. Apex Biotechnology's value of 1.37 is 37.4% below this benchmark. Historically, Apex Biotechnology's own Cyclically Adjusted PS Ratio has ranged from 0.95 to 1.83 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 2.19, Apex Biotechnology has consistently been below 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 PS Ratio for a Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.19, based on 527 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apex Biotechnology's current Cyclically Adjusted PS Ratio of 1.37 is 37.4% below 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Apex Biotechnology and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Biotechnology's current Cyclically Adjusted PS Ratio is 1.37, which is near median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Biotechnology stock overvalued right now?
Based on GuruFocus' analysis, Apex Biotechnology (TPE:1733) is currently considered Fairly Valued. The stock's GF Value™ is NT$29.97, compared to a current price of NT$30.80 — trading 2.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.37, which is near median its 10-year median of 1.28 and 37.4% below the Medical Devices & Instruments industry median of 2.19. Apex Biotechnology's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Apex Biotechnology (TPE:1733), the current Cyclically Adjusted PS Ratio is 1.37 as of Sep. 12, 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 Apex Biotechnology (TPE:1733) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Biotechnology stock appears to be overvalued. The current stock price of NT$30.80 is trading 2.8% above its estimated GF Value™ of NT$29.97. GuruFocus considers Apex Biotechnology to be Fairly Valued.

Key valuation signals for TPE:1733:

  • Cyclically Adjusted PS Ratio: 1.37 (near median its 10-year median of 1.28)
  • GF Value™: NT$29.97 vs. price of NT$30.80 (2.8% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 37.4% below the Medical Devices & Instruments median (#197 of 527)

No single metric tells the full story. See the TPE:1733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex Biotechnology Business Description

Address Li-Hsin 5th Road, No. 7, Hsinchu Science Park, Hsinchu, TWN, 30078
Apex Biotechnology Corp is engaged in the research, development, production, manufacturing, and sale of biochemical testing instruments and proprietary test strips, as well as the import and export of products and components related to its core business. Its product offerings include diabetes testing kits, blood uric acid monitoring systems, blood lactate monitoring systems, blood haemoglobin monitoring systems, etc. The company generates maximum revenue from the sale of test strips, and the rest from testing meters, electrodes, and other products. Geographically, it derives maximum revenue from the USA, and the rest from Italy, Austria, Taiwan, China, and other markets.
82GF Score

Get the complete analysis for TPE:1733

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

NT$30.80
Price
NT$29.97
GF Value