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Applied BioCodeTPE:6598 -2.29%74 Cyclically Adjusted PS Ratio is 8.88 as of Jul. 25, 2026, which is 9% above its 10-year median of 8.18. GuruFocus rates TPE:6598 with a GF Score™ of 74/100 and a GF Value™ of NT$23.34 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 521 Medical Devices & Instruments companies, Applied BioCode ranks worse than 85.99% on this metric.
The historical rank and industry rank for Applied BioCode's Cyclically Adjusted PS Ratio or its related term are showing as below:
TPE:6598'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.88 Med: 8.18 Max: 28.06
Current: 8.86
During the past 13 years, Applied BioCode's highest Cyclically Adjusted PS Ratio was 28.06. The lowest was 6.88. And the median was 8.18.
TPE:6598's Cyclically Adjusted PS Ratio is ranked worse than 85.99% of 521
companies
in the Medical Devices & Instruments industry
Industry Median: 2.27
vs TPE:6598: 8.86
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.
Applied BioCode's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$4.623. 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$3.12 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Applied BioCode (TPE:6598) 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.
Applied BioCode Cyclically Adjusted PS Ratio Related Terms
Applied BioCode Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Applied BioCode'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.
Applied BioCode Cyclically Adjusted PS Ratio Chart
TPE:6598 vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison
For the Medical Devices subindustry, Applied BioCode'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.
Applied BioCode Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Applied BioCode's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Applied BioCode's Cyclically Adjusted PS Ratio falls into.
Applied BioCode 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.
Applied BioCode's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 8.88 mean?
Applied BioCode (TPE:6598) has a Cyclically Adjusted PS Ratio of 8.88 as of Jul. 25, 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 Applied BioCode and its competitors. This is near median its historical median of 8.18. Over the past decade, Applied BioCode's Cyclically Adjusted PS Ratio has ranged from 6.88 to 28.06. According to the industry distribution chart, Applied BioCode ranks #448 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 86%.
Is Applied BioCode's Cyclically Adjusted PS Ratio too high?
Applied BioCode's current Cyclically Adjusted PS Ratio of 8.88 is near median its 10-year median of 8.18. Over the past 10 years, this metric has ranged from a low of 6.88 to a high of 28.06. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.27. Applied BioCode's value of 8.88 is 291.2% above this industry median. Based on the distribution chart, Applied BioCode ranks #448 out of 521 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Applied BioCode has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied BioCode's Cyclically Adjusted PS Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Applied BioCode ranks #448 out of 521 companies for Cyclically Adjusted PS Ratio. This places Applied BioCode in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.27. Applied BioCode's value of 8.88 is 291.2% above this benchmark. Historically, Applied BioCode's own Cyclically Adjusted PS Ratio has ranged from 6.88 to 28.06 over the past decade. While the company's 10-year median is 8.18 vs. the industry median of 2.27, Applied BioCode 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.27, based on 521 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. Applied BioCode's current Cyclically Adjusted PS Ratio of 8.88 is 291.2% 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 Applied BioCode and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied BioCode's current Cyclically Adjusted PS Ratio is 8.88, which is near median its own 10-year median of 8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied BioCode stock overvalued right now?
Based on GuruFocus' analysis, Applied BioCode (TPE:6598) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.34, compared to a current price of NT$27.70 — trading 18.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.88, which is near median its 10-year median of 8.18 and 291.2% above the Medical Devices & Instruments industry median of 2.27. Applied BioCode's overall GF Score™ is 74/100 with 7 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 Applied BioCode (TPE:6598), the current Cyclically Adjusted PS Ratio is 8.88 as of Jul. 25, 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 Applied BioCode (TPE:6598) Overvalued in 2026?
Based on GuruFocus' analysis, Applied BioCode stock appears to be overvalued.
The current stock price of NT$27.70 is trading 18.7% above its estimated GF Value™ of NT$23.34.
GuruFocus considers Applied BioCode to be Modestly Overvalued.
Key valuation signals for TPE:6598:
Cyclically Adjusted PS Ratio: 8.88 (near median its 10-year median of 8.18)
GF Value™: NT$23.34 vs. price of NT$27.70 (18.7% above fair value)
Industry Position: 291.2% above the Medical Devices & Instruments median (#448 of 521)
No single metric tells the full story. See the TPE:6598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied BioCode Corp is engaged in designing, developing, manufacturing, and commercializing multiplex testing products for the in-vitro diagnostics market. The company's in-vitro diagnostic products focus on the molecular infectious disease segment of the market with assays that detect pathogens for gastrointestinal tract infections, respiratory infections, and sexually transmitted infections. The firm's products include barcoded magnetic bead technology (BMB). The BMB technology and detection systems assist in the development of multiplexed nucleic acids or protein detection assays. The company also develops applications for other areas of the diagnostics industry including life science research, agricultural testing, and veterinary markets.
74GF Score
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