Aopen (TPE:3046) Cyclically Adjusted Revenue per Share: NT$49.26 (As of Dec. 2025)

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TPE:3046 Aopen Inc TPE:3046
85 GF Score
Price NT$55.00
GF Value NT$77.78
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Aopen Cyclically Adjusted Revenue per Share?

Aopen TPE:3046 -1.61% 85 Cyclically Adjusted Revenue per Share is NT$49.26 as of Dec. 2025. GuruFocus rates TPE:3046 with a GF Score™ of 85/100 and a GF Value™ of NT$77.78 (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.

Aopen's adjusted revenue per share for the three months ended in Dec. 2025 was NT$24.858. 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$49.26 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Aopen's average Cyclically Adjusted Revenue Growth Rate was 21.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 25.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 23.20% 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 Aopen was 25.70% per year. The lowest was 11.50% per year. And the median was 23.05% per year.

As of today (2026-07-27), Aopen's current stock price is NT$55.00. Aopen's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$49.26. Aopen's Cyclically Adjusted PS Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aopen was 3.60. The lowest was 0.37. And the median was 1.24.


Aopen  (TPE:3046) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=55.00/49.26
=1.12

* 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 Aopen was 3.60. The lowest was 0.37. And the median was 1.24.


Be Aware

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


Aopen Cyclically Adjusted Revenue per Share Related Terms


Aopen Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Aopen'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.

Aopen Cyclically Adjusted Revenue per Share Chart

Aopen 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 20.63 24.79 31.92 40.40 49.26

Aopen 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 40.40 42.83 45.09 47.44 49.26

TPE:3046 vs DELL, ANET, SNDK: Cyclically Adjusted Revenue per Share Comparison

For the Computer Hardware subindustry, Aopen'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.


Aopen Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:3046
85GF Score
Aopen Inc TPE:3046
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aopen 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, Aopen'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)
=24.858/324.0540*324.0540
=24.858

Current CPI (Dec. 2025) = 324.0540.

Aopen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 2.670 238.132 3.633
201606 1.877 241.018 2.524
201609 2.912 241.428 3.909
201612 2.274 241.432 3.052
201703 7.920 243.801 10.527
201706 3.083 244.955 4.079
201709 3.263 246.819 4.284
201712 6.580 246.524 8.649
201803 4.416 249.554 5.734
201806 5.027 251.989 6.465
201809 6.743 252.439 8.656
201812 7.291 251.233 9.404
201903 6.170 254.202 7.865
201906 6.539 256.143 8.273
201909 6.586 256.759 8.312
201912 5.008 256.974 6.315
202003 3.946 258.115 4.954
202006 4.139 257.797 5.203
202009 7.382 260.280 9.191
202012 7.861 260.474 9.780
202103 6.742 264.877 8.248
202106 8.171 271.696 9.746
202109 10.293 274.310 12.160
202112 10.762 278.802 12.509
202203 9.997 287.504 11.268
202206 12.188 296.311 13.329
202209 13.308 296.808 14.530
202212 10.514 296.797 11.480
202303 16.225 301.836 17.419
202306 21.593 305.109 22.934
202309 22.628 307.789 23.824
202312 16.294 306.746 17.213
202403 20.116 312.332 20.871
202406 24.572 314.175 25.345
202409 28.717 315.301 29.514
202412 14.917 315.605 15.316
202503 22.879 319.799 23.183
202506 22.673 322.561 22.778
202509 25.347 324.800 25.289
202512 24.858 324.054 24.858

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$49.26 mean?
Aopen (TPE:3046) has a Cyclically Adjusted Revenue per Share of NT$49.26 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 Aopen and its competitors.
Is Aopen's Cyclically Adjusted Revenue per Share too high?
Aopen's current Cyclically Adjusted Revenue per Share is NT$49.26. Overall, Aopen has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aopen's Cyclically Adjusted Revenue per Share compare to DELL and ANET?
Aopen's Cyclically Adjusted Revenue per Share of NT$49.26 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 Aopen and its competitors. Aopen's current Cyclically Adjusted Revenue per Share is NT$49.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aopen stock overvalued right now?
Based on GuruFocus' analysis, Aopen (TPE:3046) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$77.78, compared to a current price of NT$55.00 — trading 29.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$49.26. Aopen's overall GF Score™ is 85/100 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 Aopen (TPE:3046), the current Cyclically Adjusted Revenue per Share is NT$49.26 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 Aopen (TPE:3046) Overvalued in 2026?

Based on GuruFocus' analysis, Aopen stock appears to be undervalued. The current stock price of NT$55.00 is trading 29.3% below its estimated GF Value™ of NT$77.78. GuruFocus considers Aopen to be Modestly Undervalued.

Key valuation signals for TPE:3046:

  • Cyclically Adjusted Revenue per Share: NT$49.26
  • GF Value™: NT$77.78 vs. price of NT$55.00 (29.3% below fair value)
  • GF Score™: 85/100 with 6 warning signs

No single metric tells the full story. See the TPE:3046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aopen Business Description

Address No. 369, Fuxing North Road, 7F-5, Minfu Village, Songshan District, Taipei, TWN
Aopen Inc is engaged in the marketing, manufacturing, and trading of computer products, software, computer components, peripheral equipment, and apparatus, as well as IT product repair services for after-sales support provided to Aopen products. Its products include embedded PC, touch panel PC, remote management, commercial and consumer range display, and monitors. The company has three reportable segments: the Americas segment, the Europe segment and the Asia Pacific and emerging market segment, which engage in the research, design, and marketing of computer products, lifestyle appliances, and others. The majority of revenue is derived from the Asia Pacific and emerging market segment.
85GF Score

Get the complete analysis for TPE:3046

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

NT$55.00
Price
NT$77.78
GF Value