Argosy Research (ROCO:3217) Cyclically Adjusted Revenue per Share: NT$35.21 (As of Mar. 2026)

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.

ROCO:3217 Argosy Research Inc ROCO:3217
91 GF Score
Price NT$142.00
GF Value NT$201.75
Valuation Significantly Undervalued
View Full Analysis

What is Argosy Research Cyclically Adjusted Revenue per Share?

Argosy Research ROCO:3217 -0.70% 91 Cyclically Adjusted Revenue per Share is NT$35.21 as of Mar. 2026. GuruFocus rates ROCO:3217 with a GF Score™ of 91/100 and a GF Value™ of NT$201.75 (Significantly Undervalued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Argosy Research's adjusted revenue per share for the three months ended in Mar. 2026 was NT$10.522. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is NT$35.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Argosy Research's average Cyclically Adjusted Revenue Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Argosy Research was 9.30% per year. The lowest was 5.50% per year. And the median was 8.10% per year.

As of today (2026-08-08), Argosy Research's current stock price is NT$142.00. Argosy Research's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$35.21. Argosy Research's Cyclically Adjusted PS Ratio of today is 4.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Argosy Research was 6.98. The lowest was 2.26. And the median was 4.80.


Argosy Research  (ROCO:3217) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Argosy Research's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=142.00/35.21
=4.03

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Argosy Research was 6.98. The lowest was 2.26. And the median was 4.80.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Argosy Research Cyclically Adjusted Revenue per Share Related Terms


Argosy Research Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Argosy Research's Cyclically Adjusted Revenue per Share 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.

Argosy Research Cyclically Adjusted Revenue per Share Chart

Argosy Research Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.48 26.03 27.93 30.60 34.02

Argosy Research Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 31.58 32.58 33.48 34.02 35.21

ROCO:3217 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Argosy Research'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.


Argosy Research Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:3217
91GF Score
Argosy Research Inc ROCO:3217
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argosy Research Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Argosy Research's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=10.522/330.2130*330.2130
=10.522

Current CPI (Mar. 2026) = 330.2130.

Argosy Research Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.931 241.018 5.386
201609 5.231 241.428 7.155
201612 4.619 241.432 6.318
201703 3.893 243.801 5.273
201706 4.327 244.955 5.833
201709 5.656 246.819 7.567
201712 4.800 246.524 6.429
201803 4.613 249.554 6.104
201806 5.090 251.989 6.670
201809 6.139 252.439 8.030
201812 5.390 251.233 7.084
201903 4.973 254.202 6.460
201906 6.088 256.143 7.848
201909 7.964 256.759 10.242
201912 7.350 256.974 9.445
202003 5.766 258.115 7.377
202006 8.543 257.797 10.943
202009 8.329 260.280 10.567
202012 7.916 260.474 10.035
202103 7.516 264.877 9.370
202106 7.764 271.696 9.436
202109 9.390 274.310 11.304
202112 8.822 278.802 10.449
202203 8.175 287.504 9.389
202206 7.083 296.311 7.893
202209 6.788 296.808 7.552
202212 6.963 296.797 7.747
202303 6.608 301.836 7.229
202306 7.988 305.109 8.645
202309 9.950 307.789 10.675
202312 8.900 306.746 9.581
202403 7.573 312.332 8.007
202406 8.793 314.175 9.242
202409 11.539 315.301 12.085
202412 10.633 315.605 11.125
202503 10.252 319.799 10.586
202506 11.689 322.561 11.966
202509 12.564 324.800 12.773
202512 11.546 324.054 11.765
202603 10.522 330.213 10.522

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of NT$35.21 mean?
Argosy Research (ROCO:3217) has a Cyclically Adjusted Revenue per Share of NT$35.21 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Argosy Research and its competitors.
Is Argosy Research's Cyclically Adjusted Revenue per Share too high?
Argosy Research's current Cyclically Adjusted Revenue per Share is NT$35.21. Overall, Argosy Research has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Argosy Research's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Argosy Research's Cyclically Adjusted Revenue per Share of NT$35.21 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Argosy Research and its competitors. Argosy Research's current Cyclically Adjusted Revenue per Share is NT$35.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Research stock overvalued right now?
Based on GuruFocus' analysis, Argosy Research (ROCO:3217) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$201.75, compared to a current price of NT$142.00 — trading 29.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$35.21. Argosy Research's overall GF Score™ is 91/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Argosy Research (ROCO:3217), the current Cyclically Adjusted Revenue per Share is NT$35.21 as of Mar. 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 Argosy Research (ROCO:3217) Overvalued in 2026?

Based on GuruFocus' analysis, Argosy Research stock appears to be undervalued. The current stock price of NT$142.00 is trading 29.6% below its estimated GF Value™ of NT$201.75. GuruFocus considers Argosy Research to be Significantly Undervalued.

Key valuation signals for ROCO:3217:

  • Cyclically Adjusted Revenue per Share: NT$35.21
  • GF Value™: NT$201.75 vs. price of NT$142.00 (29.6% below fair value)
  • GF Score™: 91/100

No single metric tells the full story. See the ROCO:3217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argosy Research Business Description

Address No. 15-3, Neo Pu South Road, Xiangshan District, Hsinchu, TWN, 300
Argosy Research Inc is engaged in the manufacture and sale of electronic components and electronic connectors as its main business item. It has developed the following electronics connector categories: USB3.1 Type-C, DDR3/4/5(SO-DIMM & Long DIMM), M.2(NGFF), Mini PCIe, LVDS, RF Coaxial, Battery, and Injection/Molding Parts (Housing) in various and customizable specifications and products, among others. Geographically, the company generates a majority of its revenue from Asia and the rest from the Americas and other regions.
91GF Score

Get the complete analysis for ROCO:3217

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

NT$142.00
Price
NT$201.75
GF Value