Axcen Photonics (ROCO:6530) Cyclically Adjusted Revenue per Share: NT$10.57 (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:6530 Axcen Photonics Corp ROCO:6530
78 GF Score
Price NT$67.60
GF Value NT$66.81
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Axcen Photonics Cyclically Adjusted Revenue per Share?

Axcen Photonics ROCO:6530 +9.92% 78 Cyclically Adjusted Revenue per Share is NT$10.57 as of Mar. 2026. GuruFocus rates ROCO:6530 with a GF Score™ of 78/100 and a GF Value™ of NT$66.81 (Fairly Valued). The stock has 2 warning signs investors should review.

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.

Axcen Photonics's adjusted revenue per share for the three months ended in Mar. 2026 was NT$2.701. 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$10.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Axcen Photonics's average Cyclically Adjusted Revenue Growth Rate was 2.70% 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.

As of today (2026-08-03), Axcen Photonics's current stock price is NT$67.60. Axcen Photonics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$10.57. Axcen Photonics's Cyclically Adjusted PS Ratio of today is 6.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Axcen Photonics was 11.87. The lowest was 4.07. And the median was 6.09.


Axcen Photonics  (ROCO:6530) 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.

Axcen Photonics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=67.60/10.57
=6.40

* 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 Axcen Photonics was 11.87. The lowest was 4.07. And the median was 6.09.


Be Aware

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


Axcen Photonics Cyclically Adjusted Revenue per Share Related Terms


Axcen Photonics Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Axcen Photonics'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.

Axcen Photonics Cyclically Adjusted Revenue per Share Chart

Axcen Photonics 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 0.00 0.00 0.00 0.00 10.37

Axcen Photonics 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 10.29 10.35 10.41 10.37 10.57

ROCO:6530 vs CSCO, MSI, HPE: Cyclically Adjusted Revenue per Share Comparison

For the Communication Equipment subindustry, Axcen Photonics'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.


Axcen Photonics Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:6530
78GF Score
Axcen Photonics Corp ROCO:6530
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axcen Photonics 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, Axcen Photonics'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)
=2.701/330.2130*330.2130
=2.701

Current CPI (Mar. 2026) = 330.2130.

Axcen Photonics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 3.022 241.428 4.133
201612 3.593 241.432 4.914
201703 3.122 243.801 4.229
201706 3.130 244.955 4.219
201709 3.066 246.819 4.102
201712 2.537 246.524 3.398
201803 1.970 249.554 2.607
201806 2.222 251.989 2.912
201809 2.191 252.439 2.866
201812 2.032 251.233 2.671
201903 1.869 254.202 2.428
201906 1.716 256.143 2.212
201909 1.768 256.759 2.274
201912 2.073 256.974 2.664
202003 1.900 258.115 2.431
202006 1.934 257.797 2.477
202009 1.687 260.280 2.140
202012 1.846 260.474 2.340
202103 1.820 264.877 2.269
202106 2.075 271.696 2.522
202109 2.105 274.310 2.534
202112 2.033 278.802 2.408
202203 1.968 287.504 2.260
202206 2.058 296.311 2.293
202209 1.974 296.808 2.196
202212 2.038 296.797 2.267
202303 1.635 301.836 1.789
202306 1.983 305.109 2.146
202309 1.939 307.789 2.080
202312 1.883 306.746 2.027
202403 1.931 312.332 2.042
202406 2.002 314.175 2.104
202409 2.162 315.301 2.264
202412 2.194 315.605 2.296
202503 2.334 319.799 2.410
202506 2.375 322.561 2.431
202509 2.513 324.800 2.555
202512 2.416 324.054 2.462
202603 2.701 330.213 2.701

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$10.57 mean?
Axcen Photonics (ROCO:6530) has a Cyclically Adjusted Revenue per Share of NT$10.57 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 Axcen Photonics and its competitors.
Is Axcen Photonics' Cyclically Adjusted Revenue per Share too high?
Axcen Photonics' current Cyclically Adjusted Revenue per Share is NT$10.57. Overall, Axcen Photonics has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axcen Photonics' Cyclically Adjusted Revenue per Share compare to CSCO and MSI?
Axcen Photonics' Cyclically Adjusted Revenue per Share of NT$10.57 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 Axcen Photonics and its competitors. Axcen Photonics's current Cyclically Adjusted Revenue per Share is NT$10.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axcen Photonics stock overvalued right now?
Based on GuruFocus' analysis, Axcen Photonics (ROCO:6530) is currently considered Fairly Valued. The stock's GF Value™ is NT$66.81, compared to a current price of NT$67.60 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$10.57. Axcen Photonics' overall GF Score™ is 78/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Axcen Photonics (ROCO:6530), the current Cyclically Adjusted Revenue per Share is NT$10.57 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 Axcen Photonics (ROCO:6530) Overvalued in 2026?

Based on GuruFocus' analysis, Axcen Photonics stock appears to be overvalued. The current stock price of NT$67.60 is trading 1.2% above its estimated GF Value™ of NT$66.81. GuruFocus considers Axcen Photonics to be Fairly Valued.

Key valuation signals for ROCO:6530:

  • Cyclically Adjusted Revenue per Share: NT$10.57
  • GF Value™: NT$66.81 vs. price of NT$67.60 (1.2% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axcen Photonics Business Description

Address Number 119, Baozhong Road, 6th Floor, Xindian District, New Taipei City, Taipei, TWN, 231
Axcen Photonics Corp is a Taiwan based company involved in manufacturing products for the optical communications industry. The product offerings of the company include Video SFP, CSFP, SFP, Copper SFP, and GEPON SFF.
78GF Score

Get the complete analysis for ROCO:6530

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

NT$67.60
Price
NT$66.81
GF Value