Apogee Optocom Co (TPE:6426) Cyclically Adjusted PS Ratio: 9.49 (As of Jul. 27, 2026) — 142% Above Median

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:6426 Apogee Optocom Co Ltd TPE:6426
59 GF Score
Price NT$164.00
GF Value NT$88.28
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Apogee Optocom Co Cyclically Adjusted PS Ratio?

Apogee Optocom Co TPE:6426 59 Cyclically Adjusted PS Ratio is 9.49 as of Jul. 27, 2026, which is 142% above its 10-year median of 3.92. GuruFocus rates TPE:6426 with a GF Score™ of 59/100 and a GF Value™ of NT$88.28 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,974 Hardware companies, Apogee Optocom Co ranks worse than 91.64% on this metric.

As of today (2026-07-27), Apogee Optocom Co's current share price is NT$164.00. Apogee Optocom Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$17.28. Apogee Optocom Co's Cyclically Adjusted PS Ratio for today is 9.49.

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

TPE:6426' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.83   Med: 3.92   Max: 15.51
Current: 9.49

During the past years, Apogee Optocom Co's highest Cyclically Adjusted PS Ratio was 15.51. The lowest was 2.83. And the median was 3.92.

TPE:6426's Cyclically Adjusted PS Ratio is ranked worse than
91.64% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:6426: 9.49

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.

Apogee Optocom Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$3.634. 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$17.28 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apogee Optocom Co  (TPE:6426) 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.


Apogee Optocom Co Cyclically Adjusted PS Ratio Related Terms


Apogee Optocom Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apogee Optocom Co'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.

Apogee Optocom Co Cyclically Adjusted PS Ratio Chart

Apogee Optocom Co 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 0.00 3.16 4.02 4.85 5.67

Apogee Optocom Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 4.85 3.75 4.19 4.11 5.67

TPE:6426 vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Apogee Optocom Co'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.


Apogee Optocom Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

* The bar in red indicates where Apogee Optocom Co's Cyclically Adjusted PS Ratio falls into.


TPE:6426
59GF Score
Apogee Optocom Co Ltd TPE:6426
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apogee Optocom Co 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.

Apogee Optocom Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=164.00/17.28
=9.49

* 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.

Apogee Optocom Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Apogee Optocom Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.634/324.0540*324.0540
=3.634

Current CPI (Dec. 2025) = 324.0540.

Apogee Optocom Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 3.384 238.132 4.605
201606 3.679 241.018 4.946
201609 3.865 241.428 5.188
201612 4.829 241.432 6.482
201703 4.865 243.801 6.466
201706 4.751 244.955 6.285
201709 3.596 246.819 4.721
201712 3.334 246.524 4.383
201803 3.498 249.554 4.542
201806 2.801 251.989 3.602
201809 2.932 252.439 3.764
201812 4.458 251.233 5.750
201903 3.812 254.202 4.859
201906 4.110 256.143 5.200
201909 5.025 256.759 6.342
201912 5.371 256.974 6.773
202003 4.287 258.115 5.382
202006 4.947 257.797 6.218
202009 5.190 260.280 6.462
202012 4.025 260.474 5.007
202103 3.352 264.877 4.101
202106 3.513 271.696 4.190
202109 2.848 274.310 3.364
202112 4.190 278.802 4.870
202203 4.601 287.504 5.186
202206 4.632 296.311 5.066
202209 3.812 296.808 4.162
202212 3.171 296.797 3.462
202303 1.845 301.836 1.981
202306 1.785 305.109 1.896
202309 2.554 307.789 2.689
202312 3.163 306.746 3.341
202403 2.066 312.332 2.144
202406 2.020 314.175 2.084
202409 1.948 315.301 2.002
202412 2.523 315.605 2.591
202503 2.567 319.799 2.601
202506 2.968 322.561 2.982
202509 3.489 324.800 3.481
202512 3.634 324.054 3.634

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 9.49 mean?
Apogee Optocom Co (TPE:6426) has a Cyclically Adjusted PS Ratio of 9.49 as of Jul. 27, 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 Apogee Optocom Co and its competitors. This is 142% above median its historical median of 3.92. Over the past decade, Apogee Optocom Co's Cyclically Adjusted PS Ratio has ranged from 2.83 to 15.51. According to the industry distribution chart, Apogee Optocom Co ranks #1809 out of 1974 companies in the Hardware industry, placing it in the top 91.6%.
Is Apogee Optocom Co's Cyclically Adjusted PS Ratio too high?
Apogee Optocom Co's current Cyclically Adjusted PS Ratio of 9.49 is 142% above median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 15.51. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Apogee Optocom Co's value of 9.49 is 597.8% above this industry median. Based on the distribution chart, Apogee Optocom Co ranks #1809 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Apogee Optocom Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apogee Optocom Co's Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Apogee Optocom Co ranks #1809 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Apogee Optocom Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Apogee Optocom Co's value of 9.49 is 597.8% above this benchmark. Historically, Apogee Optocom Co's own Cyclically Adjusted PS Ratio has ranged from 2.83 to 15.51 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 1.36, Apogee Optocom Co has consistently been above 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.36, based on 1,974 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. Apogee Optocom Co's current Cyclically Adjusted PS Ratio of 9.49 is 597.8% above 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 Apogee Optocom Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apogee Optocom Co's current Cyclically Adjusted PS Ratio is 9.49, which is 142% above median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Optocom Co stock overvalued right now?
Based on GuruFocus' analysis, Apogee Optocom Co (TPE:6426) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$88.28, compared to a current price of NT$164.00 — trading 85.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.49, which is 142% above median its 10-year median of 3.92 and 597.8% above the Hardware industry median of 1.36. Apogee Optocom Co's overall GF Score™ is 59/100 with 2 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 Apogee Optocom Co (TPE:6426), the current Cyclically Adjusted PS Ratio is 9.49 as of Jul. 27, 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 Apogee Optocom Co (TPE:6426) Overvalued in 2026?

Based on GuruFocus' analysis, Apogee Optocom Co stock appears to be overvalued. The current stock price of NT$164.00 is trading 85.8% above its estimated GF Value™ of NT$88.28. GuruFocus considers Apogee Optocom Co to be Significantly Overvalued.

Key valuation signals for TPE:6426:

  • Cyclically Adjusted PS Ratio: 9.49 (142% above median its 10-year median of 3.92)
  • GF Value™: NT$88.28 vs. price of NT$164.00 (85.8% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 597.8% above the Hardware median (#1809 of 1974)

No single metric tells the full story. See the TPE:6426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apogee Optocom Co Business Description

Address Nan-Ke 3rd Road, No. 7, 4th Floor, Hsin-shi District, Tainan, TWN
Apogee Optocom Co Ltd is a communication component manufacturer based in Taiwan. Its product offerings mainly include thin-film filters for active optical communication components (E-PON, G-PON) and thin-film filters for passive optical communication components (CWDM, DWDM). Additionally, Group is involved in optical and functional thin film processing, and offers optical filters for 1.6T Gbps optical communication modules, co-packaged optics coating applications, and bandpass filters for mid-infrared (MIR) sensors. It also offers measurement instruments like white light interferometers, spectrometers, and mid and far-infrared spectrometers. The Group's reportable operating segments are: the parent company, which derives key revenue, and Subsidiary. Geographically, its key market is China.
59GF Score

Get the complete analysis for TPE:6426

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

NT$164.00
Price
NT$88.28
GF Value