Gold Circuit Electronics (TPE:2368) Cyclically Adjusted Revenue per Share: NT$65.72 (As of Dec. 2025)

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TPE:2368 Gold Circuit Electronics Ltd TPE:2368
81 GF Score
Price NT$901.00
GF Value NT$508.55
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Gold Circuit Electronics Cyclically Adjusted Revenue per Share?

Gold Circuit Electronics TPE:2368 -4.25% 81 Cyclically Adjusted Revenue per Share is NT$65.72 as of Dec. 2025. GuruFocus rates TPE:2368 with a GF Score™ of 81/100 and a GF Value™ of NT$508.55 (Significantly Overvalued). The stock has 3 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.

Gold Circuit Electronics's adjusted revenue per share for the three months ended in Dec. 2025 was NT$31.995. 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$65.72 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Gold Circuit Electronics's average Cyclically Adjusted Revenue Growth Rate was 14.10% 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 9.40% 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 Gold Circuit Electronics was 9.30% per year. The lowest was 5.00% per year. And the median was 8.60% per year.

As of today (2026-07-26), Gold Circuit Electronics's current stock price is NT$901.00. Gold Circuit Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$65.72. Gold Circuit Electronics's Cyclically Adjusted PS Ratio of today is 13.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gold Circuit Electronics was 21.15. The lowest was 0.31. And the median was 1.91.


Gold Circuit Electronics  (TPE:2368) 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.

Gold Circuit Electronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=901.00/65.72
=13.71

* 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 Gold Circuit Electronics was 21.15. The lowest was 0.31. And the median was 1.91.


Be Aware

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


Gold Circuit Electronics Cyclically Adjusted Revenue per Share Related Terms


Gold Circuit Electronics Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Gold Circuit Electronics'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.

Gold Circuit Electronics Cyclically Adjusted Revenue per Share Chart

Gold Circuit Electronics 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 44.98 50.40 53.55 57.60 65.72

Gold Circuit Electronics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 57.60 59.36 61.36 63.96 65.72

TPE:2368 vs APH, GLW: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Gold Circuit Electronics'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.


Gold Circuit Electronics Cyclically Adjusted PS Ratio vs Hardware Industry

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

* The bar in red indicates where Gold Circuit Electronics's Cyclically Adjusted PS Ratio falls into.


TPE:2368
81GF Score
Gold Circuit Electronics Ltd TPE:2368
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Circuit Electronics 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, Gold Circuit Electronics'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)
=31.995/324.0540*324.0540
=31.995

Current CPI (Dec. 2025) = 324.0540.

Gold Circuit Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 8.000 238.132 10.887
201606 9.562 241.018 12.856
201609 10.761 241.428 14.444
201612 10.493 241.432 14.084
201703 8.738 243.801 11.614
201706 9.358 244.955 12.380
201709 10.455 246.819 13.727
201712 10.093 246.524 13.267
201803 9.643 249.554 12.522
201806 10.240 251.989 13.168
201809 11.731 252.439 15.059
201812 10.382 251.233 13.391
201903 8.838 254.202 11.267
201906 8.664 256.143 10.961
201909 9.544 256.759 12.045
201912 11.628 256.974 14.663
202003 10.365 258.115 13.013
202006 12.978 257.797 16.314
202009 13.113 260.280 16.326
202012 11.412 260.474 14.198
202103 11.832 264.877 14.475
202106 13.086 271.696 15.608
202109 12.978 274.310 15.331
202112 10.426 278.802 12.118
202203 13.333 287.504 15.028
202206 15.629 296.311 17.092
202209 17.334 296.808 18.925
202212 17.110 296.797 18.681
202303 12.930 301.836 13.882
202306 14.240 305.109 15.124
202309 16.931 307.789 17.826
202312 17.263 306.746 18.237
202403 17.916 312.332 18.588
202406 19.263 314.175 19.869
202409 21.043 315.301 21.627
202412 19.429 315.605 19.949
202503 23.793 319.799 24.110
202506 27.151 322.561 27.277
202509 35.320 324.800 35.239
202512 31.995 324.054 31.995

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$65.72 mean?
Gold Circuit Electronics (TPE:2368) has a Cyclically Adjusted Revenue per Share of NT$65.72 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Gold Circuit Electronics and its competitors.
Is Gold Circuit Electronics' Cyclically Adjusted Revenue per Share too high?
Gold Circuit Electronics' current Cyclically Adjusted Revenue per Share is NT$65.72. Overall, Gold Circuit Electronics has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Circuit Electronics' Cyclically Adjusted Revenue per Share compare to APH and GLW?
Gold Circuit Electronics' Cyclically Adjusted Revenue per Share of NT$65.72 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 Gold Circuit Electronics and its competitors. Gold Circuit Electronics's current Cyclically Adjusted Revenue per Share is NT$65.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Circuit Electronics stock overvalued right now?
Based on GuruFocus' analysis, Gold Circuit Electronics (TPE:2368) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$508.55, compared to a current price of NT$901.00 — trading 77.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$65.72. Gold Circuit Electronics' overall GF Score™ is 81/100 with 3 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 Gold Circuit Electronics (TPE:2368), the current Cyclically Adjusted Revenue per Share is NT$65.72 as of Dec. 2025. 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 Gold Circuit Electronics (TPE:2368) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Circuit Electronics stock appears to be overvalued. The current stock price of NT$901.00 is trading 77.2% above its estimated GF Value™ of NT$508.55. GuruFocus considers Gold Circuit Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2368:

  • Cyclically Adjusted Revenue per Share: NT$65.72
  • GF Value™: NT$508.55 vs. price of NT$901.00 (77.2% above fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the TPE:2368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gold Circuit Electronics Business Description

Address No. 113, Xiyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applied in notebooks, handheld devices, telecommunications, networking, and server & storage fields, among others. The company's revenue was generated from the sale of electronic products, such as printed circuit boards.
81GF Score

Get the complete analysis for TPE:2368

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

NT$901.00
Price
NT$508.55
GF Value