DFI (TPE:2397) Cyclically Adjusted Revenue per Share: NT$82.05 (As of Dec. 2025)

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.

TPE:2397 DFI Inc TPE:2397
74 GF Score
Price NT$59.30
GF Value NT$83.75
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is DFI Cyclically Adjusted Revenue per Share?

DFI TPE:2397 +2.60% 74 Cyclically Adjusted Revenue per Share is NT$82.05 as of Dec. 2025. GuruFocus rates TPE:2397 with a GF Score™ of 74/100 and a GF Value™ of NT$83.75 (Modestly Undervalued). 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.

DFI's adjusted revenue per share for the three months ended in Dec. 2025 was NT$22.624. 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$82.05 for the trailing ten years ended in Dec. 2025.

During the past 12 months, DFI's average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of DFI was 25.10% per year. The lowest was 11.20% per year. And the median was 18.70% per year.

As of today (2026-07-22), DFI's current stock price is NT$59.30. DFI's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$82.05. DFI's Cyclically Adjusted PS Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of DFI was 2.88. The lowest was 0.65. And the median was 1.10.


DFI  (TPE:2397) 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.

DFI's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=59.30/82.05
=0.72

* 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 DFI was 2.88. The lowest was 0.65. And the median was 1.10.


Be Aware

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


DFI Cyclically Adjusted Revenue per Share Related Terms


DFI Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for DFI'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.

DFI Cyclically Adjusted Revenue per Share Chart

DFI 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 48.97 59.62 67.02 74.22 82.05

DFI 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 74.22 76.65 78.81 80.87 82.05

TPE:2397 vs SNDK, DELL, STX: Cyclically Adjusted Revenue per Share Comparison

For the Computer Hardware subindustry, DFI'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.


DFI Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2397
74GF Score
DFI Inc TPE:2397
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DFI 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, DFI'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)
=22.624/324.0540*324.0540
=22.624

Current CPI (Dec. 2025) = 324.0540.

DFI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 8.321 238.132 11.323
201606 8.811 241.018 11.847
201609 8.125 241.428 10.906
201612 7.734 241.432 10.381
201703 7.964 243.801 10.586
201706 8.685 244.955 11.489
201709 8.635 246.819 11.337
201712 7.024 246.524 9.233
201803 10.045 249.554 13.044
201806 12.324 251.989 15.848
201809 11.965 252.439 15.359
201812 10.755 251.233 13.872
201903 12.517 254.202 15.957
201906 15.186 256.143 19.212
201909 13.937 256.759 17.590
201912 19.402 256.974 24.467
202003 18.848 258.115 23.663
202006 17.937 257.797 22.547
202009 17.852 260.280 22.226
202012 18.147 260.474 22.577
202103 17.447 264.877 21.345
202106 28.775 271.696 34.320
202109 32.679 274.310 38.605
202112 36.437 278.802 42.351
202203 33.715 287.504 38.001
202206 33.513 296.311 36.651
202209 35.618 296.808 38.888
202212 -7.432 296.797 -8.115
202303 22.129 301.836 23.758
202306 20.590 305.109 21.868
202309 18.288 307.789 19.254
202312 18.912 306.746 19.979
202403 16.584 312.332 17.206
202406 19.035 314.175 19.634
202409 21.947 315.301 22.556
202412 24.997 315.605 25.666
202503 22.618 319.799 22.919
202506 25.124 322.561 25.240
202509 24.312 324.800 24.256
202512 22.624 324.054 22.624

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$82.05 mean?
DFI (TPE:2397) has a Cyclically Adjusted Revenue per Share of NT$82.05 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 DFI and its competitors.
Is DFI's Cyclically Adjusted Revenue per Share too high?
DFI's current Cyclically Adjusted Revenue per Share is NT$82.05. Overall, DFI has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DFI's Cyclically Adjusted Revenue per Share compare to SNDK and DELL?
DFI's Cyclically Adjusted Revenue per Share of NT$82.05 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 DFI and its competitors. DFI's current Cyclically Adjusted Revenue per Share is NT$82.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DFI stock overvalued right now?
Based on GuruFocus' analysis, DFI (TPE:2397) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$83.75, compared to a current price of NT$59.30 — trading 29.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$82.05. DFI's overall GF Score™ is 74/100 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 DFI (TPE:2397), the current Cyclically Adjusted Revenue per Share is NT$82.05 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 DFI (TPE:2397) Overvalued in 2026?

Based on GuruFocus' analysis, DFI stock appears to be undervalued. The current stock price of NT$59.30 is trading 29.2% below its estimated GF Value™ of NT$83.75. GuruFocus considers DFI to be Modestly Undervalued.

Key valuation signals for TPE:2397:

  • Cyclically Adjusted Revenue per Share: NT$82.05
  • GF Value™: NT$83.75 vs. price of NT$59.30 (29.2% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the TPE:2397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DFI Business Description

Address No. 97, Section 1, Xintai 5th Road, 10th Floor, Xizhi District, New Taipei, TWN, 22175
DFI Inc is engaged in the manufacturing and sales of boards and computer components for industrial computers. The company designs and innovates quality management systems, DFI's industrial-grade solutions enable customers to optimize their equipment and ensure reliability, long-term life cycle, and all-time durability in a breadth of markets including Industry Automation, Medical, Gaming, Transportation, Energy, mission-critical, and intelligent retail.
74GF Score

Get the complete analysis for TPE:2397

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

NT$59.30
Price
NT$83.75
GF Value