Appro Photoelectron (ROCO:6560) Cyclically Adjusted Revenue per Share: NT$18.29 (As of Mar. 2026)

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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.
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ROCO:6560 Appro Photoelectron Inc ROCO:6560
68 GF Score
Price NT$32.15
GF Value NT$50.01
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Appro Photoelectron Cyclically Adjusted Revenue per Share?

Appro Photoelectron ROCO:6560 +0.16% 68 Cyclically Adjusted Revenue per Share is NT$18.29 as of Mar. 2026. GuruFocus rates ROCO:6560 with a GF Score™ of 68/100 and a GF Value™ of NT$50.01 (Possible Value Trap). The stock has 1 warning sign 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.

Appro Photoelectron's adjusted revenue per share for the three months ended in Mar. 2026 was NT$2.437. 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$18.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Appro Photoelectron's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 (2026-08-05), Appro Photoelectron's current stock price is NT$32.15. Appro Photoelectron's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$18.29. Appro Photoelectron's Cyclically Adjusted PS Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Appro Photoelectron was 2.54. The lowest was 1.42. And the median was 2.14.


Appro Photoelectron  (ROCO:6560) 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.

Appro Photoelectron's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.15/18.29
=1.76

* 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 Appro Photoelectron was 2.54. The lowest was 1.42. And the median was 2.14.


Be Aware

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


Appro Photoelectron Cyclically Adjusted Revenue per Share Related Terms


Appro Photoelectron Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Appro Photoelectron'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.

Appro Photoelectron Cyclically Adjusted Revenue per Share Chart

Appro Photoelectron 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 18.75 18.13

Appro Photoelectron 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 18.69 18.53 18.38 18.13 18.29

ROCO:6560 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Appro Photoelectron'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.


Appro Photoelectron Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:6560
68GF Score
Appro Photoelectron Inc ROCO:6560
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appro Photoelectron 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, Appro Photoelectron'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)
=2.437/330.2130*330.2130
=2.437

Current CPI (Mar. 2026) = 330.2130.

Appro Photoelectron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.755 241.018 3.775
201609 2.961 241.428 4.050
201612 2.215 241.432 3.030
201703 1.383 243.801 1.873
201706 1.865 244.955 2.514
201709 1.379 246.819 1.845
201712 1.890 246.524 2.532
201803 2.899 249.554 3.836
201806 5.682 251.989 7.446
201809 4.608 252.439 6.028
201812 3.693 251.233 4.854
201903 2.203 254.202 2.862
201906 5.585 256.143 7.200
201909 2.626 256.759 3.377
201912 3.126 256.974 4.017
202003 2.543 258.115 3.253
202006 4.624 257.797 5.923
202009 9.243 260.280 11.726
202012 12.265 260.474 15.549
202103 10.846 264.877 13.521
202106 9.562 271.696 11.621
202109 14.604 274.310 17.580
202112 9.889 278.802 11.713
202203 6.048 287.504 6.946
202206 3.118 296.311 3.475
202209 2.437 296.808 2.711
202212 2.404 296.797 2.675
202303 1.462 301.836 1.599
202306 1.054 305.109 1.141
202309 1.489 307.789 1.597
202312 0.578 306.746 0.622
202403 0.466 312.332 0.493
202406 0.388 314.175 0.408
202409 0.947 315.301 0.992
202412 1.189 315.605 1.244
202503 1.732 319.799 1.788
202506 1.512 322.561 1.548
202509 1.003 324.800 1.020
202512 2.049 324.054 2.088
202603 2.437 330.213 2.437

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$18.29 mean?
Appro Photoelectron (ROCO:6560) has a Cyclically Adjusted Revenue per Share of NT$18.29 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 Appro Photoelectron and its competitors.
Is Appro Photoelectron's Cyclically Adjusted Revenue per Share too high?
Appro Photoelectron's current Cyclically Adjusted Revenue per Share is NT$18.29. Overall, Appro Photoelectron has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Appro Photoelectron's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Appro Photoelectron's Cyclically Adjusted Revenue per Share of NT$18.29 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 Appro Photoelectron and its competitors. Appro Photoelectron's current Cyclically Adjusted Revenue per Share is NT$18.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appro Photoelectron stock overvalued right now?
Based on GuruFocus' analysis, Appro Photoelectron (ROCO:6560) is currently considered Possible Value Trap. The stock's GF Value™ is NT$50.01, compared to a current price of NT$32.15 — trading 35.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$18.29. Appro Photoelectron's overall GF Score™ is 68/100 with 1 warning sign 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 Appro Photoelectron (ROCO:6560), the current Cyclically Adjusted Revenue per Share is NT$18.29 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 Appro Photoelectron (ROCO:6560) Overvalued in 2026?

Based on GuruFocus' analysis, Appro Photoelectron stock appears to be undervalued. The current stock price of NT$32.15 is trading 35.7% below its estimated GF Value™ of NT$50.01. GuruFocus considers Appro Photoelectron to be Possible Value Trap.

Key valuation signals for ROCO:6560:

  • Cyclically Adjusted Revenue per Share: NT$18.29
  • GF Value™: NT$50.01 vs. price of NT$32.15 (35.7% below fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the ROCO:6560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Appro Photoelectron Business Description

Address 6th Floor, Number 23, Siyuan Road, Xinzhuang District, New Taipei City, Taipei, TWN, 242
Appro Photoelectron Inc operates as a design house for image products. The company helps its customers to develop products using TI digital signal process as its core system. Its products include NVIDIA Jetson TX1/TX2 Sensor module solution, Body Worn Camera Solution, Car DVR Solution, and Image Related Product.
68GF Score

Get the complete analysis for ROCO:6560

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

NT$32.15
Price
NT$50.01
GF Value