Apaq Technology Co (TPE:6449) Cyclically Adjusted PS Ratio: 6.82 (As of Jul. 26, 2026) — 93% Above Median

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TPE:6449 Apaq Technology Co Ltd TPE:6449
76 GF Score
Price NT$241.50
GF Value NT$157.84
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Apaq Technology Co Cyclically Adjusted PS Ratio?

Apaq Technology Co TPE:6449 -4.55% 76 Cyclically Adjusted PS Ratio is 6.82 as of Jul. 26, 2026, which is 93% above its 10-year median of 3.54. GuruFocus rates TPE:6449 with a GF Score™ of 76/100 and a GF Value™ of NT$157.84 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,974 Hardware companies, Apaq Technology Co ranks worse than 87.39% on this metric.

As of today (2026-07-26), Apaq Technology Co's current share price is NT$241.50. Apaq Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$35.39. Apaq Technology Co's Cyclically Adjusted PS Ratio for today is 6.82.

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

TPE:6449' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.38   Med: 3.54   Max: 12.24
Current: 6.82

During the past years, Apaq Technology Co's highest Cyclically Adjusted PS Ratio was 12.24. The lowest was 1.38. And the median was 3.54.

TPE:6449's Cyclically Adjusted PS Ratio is ranked worse than
87.39% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:6449: 6.82

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.

Apaq Technology Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$13.868. 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$35.39 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apaq Technology Co  (TPE:6449) 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.


Apaq Technology Co Cyclically Adjusted PS Ratio Related Terms


Apaq Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apaq Technology 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.

Apaq Technology Co Cyclically Adjusted PS Ratio Chart

Apaq Technology 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 1.44 2.30 4.61 4.61

Apaq Technology 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 4.61 3.42 3.29 5.60 4.61

TPE:6449 vs APH, GLW: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Apaq Technology 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.


Apaq Technology Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:6449
76GF Score
Apaq Technology Co Ltd TPE:6449
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apaq Technology 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.

Apaq Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=241.50/35.39
=6.82

* 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.

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

For example, Apaq Technology 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)
=13.868/324.0540*324.0540
=13.868

Current CPI (Dec. 2025) = 324.0540.

Apaq Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 4.713 238.132 6.414
201606 5.088 241.018 6.841
201609 6.495 241.428 8.718
201612 6.523 241.432 8.755
201703 5.181 243.801 6.886
201706 5.528 244.955 7.313
201709 7.390 246.819 9.702
201712 7.501 246.524 9.860
201803 7.706 249.554 10.006
201806 7.588 251.989 9.758
201809 5.551 252.439 7.126
201812 3.813 251.233 4.918
201903 4.303 254.202 5.485
201906 5.801 256.143 7.339
201909 6.848 256.759 8.643
201912 6.432 256.974 8.111
202003 4.442 258.115 5.577
202006 6.780 257.797 8.523
202009 8.400 260.280 10.458
202012 7.204 260.474 8.962
202103 7.323 264.877 8.959
202106 7.946 271.696 9.477
202109 8.036 274.310 9.493
202112 8.196 278.802 9.526
202203 8.234 287.504 9.281
202206 6.739 296.311 7.370
202209 5.805 296.808 6.338
202212 7.117 296.797 7.771
202303 6.701 301.836 7.194
202306 7.997 305.109 8.494
202309 9.341 307.789 9.835
202312 9.199 306.746 9.718
202403 8.156 312.332 8.462
202406 9.309 314.175 9.602
202409 10.464 315.301 10.754
202412 11.653 315.605 11.965
202503 10.233 319.799 10.369
202506 12.885 322.561 12.945
202509 13.070 324.800 13.040
202512 13.868 324.054 13.868

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 6.82 mean?
Apaq Technology Co (TPE:6449) has a Cyclically Adjusted PS Ratio of 6.82 as of Jul. 26, 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 Apaq Technology Co and its competitors. This is 93% above median its historical median of 3.54. Over the past decade, Apaq Technology Co's Cyclically Adjusted PS Ratio has ranged from 1.38 to 12.24. According to the industry distribution chart, Apaq Technology Co ranks #1725 out of 1974 companies in the Hardware industry, placing it in the top 87.4%.
Is Apaq Technology Co's Cyclically Adjusted PS Ratio too high?
Apaq Technology Co's current Cyclically Adjusted PS Ratio of 6.82 is 93% above median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 12.24. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Apaq Technology Co's value of 6.82 is 401.5% above this industry median. Based on the distribution chart, Apaq Technology Co ranks #1725 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Apaq Technology Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apaq Technology Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Apaq Technology Co ranks #1725 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Apaq Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Apaq Technology Co's value of 6.82 is 401.5% above this benchmark. Historically, Apaq Technology Co's own Cyclically Adjusted PS Ratio has ranged from 1.38 to 12.24 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 1.36, Apaq Technology 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. Apaq Technology Co's current Cyclically Adjusted PS Ratio of 6.82 is 401.5% 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 Apaq Technology 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. Apaq Technology Co's current Cyclically Adjusted PS Ratio is 6.82, which is 93% above median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apaq Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Apaq Technology Co (TPE:6449) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$157.84, compared to a current price of NT$241.50 — trading 53% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.82, which is 93% above median its 10-year median of 3.54 and 401.5% above the Hardware industry median of 1.36. Apaq Technology Co's overall GF Score™ is 76/100 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 Apaq Technology Co (TPE:6449), the current Cyclically Adjusted PS Ratio is 6.82 as of Jul. 26, 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 Apaq Technology Co (TPE:6449) Overvalued in 2026?

Based on GuruFocus' analysis, Apaq Technology Co stock appears to be overvalued. The current stock price of NT$241.50 is trading 53% above its estimated GF Value™ of NT$157.84. GuruFocus considers Apaq Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:6449:

  • Cyclically Adjusted PS Ratio: 6.82 (93% above median its 10-year median of 3.54)
  • GF Value™: NT$157.84 vs. price of NT$241.50 (53% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 401.5% above the Hardware median (#1725 of 1974)

No single metric tells the full story. See the TPE:6449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apaq Technology Co Business Description

Address No. 2 & 6, Kedong 3rd Road, 4th Floor, Zhunan Township, Miaoli County, Miaoli, TWN, 350401
Apaq Technology Co Ltd is a Taiwan-based company that focuses on the research, development, manufacturing, and sales of electronic components. The company generates revenues by selling products that include ultra-small, high temperature-resistant, long-life, low impedance electrolytic capacitors and coiled conductive polymer solid capacitors. Geographically, the company has a presence in Asia, Taiwan, and Other countries.
76GF Score

Get the complete analysis for TPE:6449

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

NT$241.50
Price
NT$157.84
GF Value