Micro-Star International Co (TPE:2377) Cyclically Adjusted Revenue per Share: NT$215.64 (As of Dec. 2025)

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TPE:2377 Micro-Star International Co Ltd TPE:2377
86 GF Score
Price NT$146.50
GF Value NT$203.43
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Micro-Star International Co Cyclically Adjusted Revenue per Share?

Micro-Star International Co TPE:2377 -3.62% 86 Cyclically Adjusted Revenue per Share is NT$215.64 as of Dec. 2025. GuruFocus rates TPE:2377 with a GF Score™ of 86/100 and a GF Value™ of NT$203.43 (Modestly Undervalued). The stock has 6 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.

Micro-Star International Co's adjusted revenue per share for the three months ended in Dec. 2025 was NT$67.216. 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$215.64 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Micro-Star International Co's average Cyclically Adjusted Revenue Growth Rate was 9.60% 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 11.90% 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 Micro-Star International Co was 14.60% per year. The lowest was 9.30% per year. And the median was 11.30% per year.

As of today (2026-07-24), Micro-Star International Co's current stock price is NT$146.50. Micro-Star International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$215.64. Micro-Star International Co's Cyclically Adjusted PS Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Micro-Star International Co was 1.51. The lowest was 0.40. And the median was 0.86.


Micro-Star International Co  (TPE:2377) 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.

Micro-Star International Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=146.50/215.64
=0.68

* 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 Micro-Star International Co was 1.51. The lowest was 0.40. And the median was 0.86.


Be Aware

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


Micro-Star International Co Cyclically Adjusted Revenue per Share Related Terms


Micro-Star International Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Micro-Star International Co'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.

Micro-Star International Co Cyclically Adjusted Revenue per Share Chart

Micro-Star International Co 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 144.41 165.23 181.38 196.82 215.64

Micro-Star International Co 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 196.82 202.53 208.63 213.28 215.64

TPE:2377 vs SNDK, DELL, STX: Cyclically Adjusted Revenue per Share Comparison

For the Computer Hardware subindustry, Micro-Star International Co'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.


Micro-Star International Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Micro-Star International Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Micro-Star International Co's Cyclically Adjusted PS Ratio falls into.


TPE:2377
86GF Score
Micro-Star International Co Ltd TPE:2377
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micro-Star International Co 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, Micro-Star International Co'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)
=67.216/324.0540*324.0540
=67.216

Current CPI (Dec. 2025) = 324.0540.

Micro-Star International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 27.510 238.132 37.436
201606 26.768 241.018 35.990
201609 34.950 241.428 46.911
201612 31.002 241.432 41.611
201703 28.798 243.801 38.278
201706 27.255 244.955 36.056
201709 34.278 246.819 45.004
201712 34.602 246.524 45.484
201803 37.318 249.554 48.459
201806 33.490 251.989 43.068
201809 33.925 252.439 43.549
201812 34.829 251.233 44.924
201903 34.594 254.202 44.100
201906 30.814 256.143 38.984
201909 38.683 256.759 48.822
201912 37.462 256.974 47.241
202003 33.410 258.115 41.945
202006 41.696 257.797 52.412
202009 48.167 260.280 59.969
202012 49.042 260.474 61.013
202103 56.372 264.877 68.966
202106 54.626 271.696 65.153
202109 61.559 274.310 72.722
202112 64.618 278.802 75.106
202203 61.734 287.504 69.582
202206 56.665 296.311 61.970
202209 45.551 296.808 49.732
202212 46.075 296.797 50.306
202303 51.132 301.836 54.896
202306 48.821 305.109 51.852
202309 57.877 307.789 60.935
202312 57.953 306.746 61.223
202403 56.052 312.332 58.156
202406 55.147 314.175 56.881
202409 61.649 315.301 63.360
202412 60.684 315.605 62.309
202503 63.057 319.799 63.896
202506 72.604 322.561 72.940
202509 68.081 324.800 67.925
202512 67.216 324.054 67.216

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$215.64 mean?
Micro-Star International Co (TPE:2377) has a Cyclically Adjusted Revenue per Share of NT$215.64 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 Micro-Star International Co and its competitors.
Is Micro-Star International Co's Cyclically Adjusted Revenue per Share too high?
Micro-Star International Co's current Cyclically Adjusted Revenue per Share is NT$215.64. Overall, Micro-Star International Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micro-Star International Co's Cyclically Adjusted Revenue per Share compare to SNDK and DELL?
Micro-Star International Co's Cyclically Adjusted Revenue per Share of NT$215.64 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 Micro-Star International Co and its competitors. Micro-Star International Co's current Cyclically Adjusted Revenue per Share is NT$215.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, Micro-Star International Co (TPE:2377) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$203.43, compared to a current price of NT$146.50 — trading 28% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$215.64. Micro-Star International Co's overall GF Score™ is 86/100 with 6 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 Micro-Star International Co (TPE:2377), the current Cyclically Adjusted Revenue per Share is NT$215.64 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 Micro-Star International Co (TPE:2377) Overvalued in 2026?

Based on GuruFocus' analysis, Micro-Star International Co stock appears to be undervalued. The current stock price of NT$146.50 is trading 28% below its estimated GF Value™ of NT$203.43. GuruFocus considers Micro-Star International Co to be Modestly Undervalued.

Key valuation signals for TPE:2377:

  • Cyclically Adjusted Revenue per Share: NT$215.64
  • GF Value™: NT$203.43 vs. price of NT$146.50 (28% below fair value)
  • GF Score™: 86/100 with 6 warning signs

No single metric tells the full story. See the TPE:2377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro-Star International Co Business Description

Address No. 69, Lide Street, Zhonghe District, New Taipei, TWN, 235
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. The company has single reportable segment which is Computer and IT segment. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras. Geographically, it generates revenue from Asia, Europe, America and others.
86GF Score

Get the complete analysis for TPE:2377

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

NT$146.50
Price
NT$203.43
GF Value