Innolux (TPE:3481) Cyclically Adjusted Revenue per Share: NT$0.00 (As of Jun. 2026)

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:3481 Innolux Corp TPE:3481
61 GF Score
Price NT$45.45
GF Value NT$21.11
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Innolux Cyclically Adjusted Revenue per Share?

Innolux TPE:3481 -1.30% 61 Cyclically Adjusted Revenue per Share is NT$0.00 as of Jun. 2026. GuruFocus rates TPE:3481 with a GF Score™ of 61/100 and a GF Value™ of NT$21.11 (Significantly Overvalued). The stock has 4 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.

Innolux's adjusted revenue per share for the three months ended in Jun. 2026 was NT$8.013. 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$0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Innolux's average Cyclically Adjusted Revenue Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -7.70% 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 Innolux was -6.40% per year. The lowest was -8.50% per year. And the median was -7.60% per year.

As of today (2026-08-25), Innolux's current stock price is NT$45.45. Innolux's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$0.00. Innolux's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Innolux was 1.63. The lowest was 0.11. And the median was 0.33.


Innolux  (TPE:3481) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Innolux was 1.63. The lowest was 0.11. And the median was 0.33.


Be Aware

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


Innolux Cyclically Adjusted Revenue per Share Related Terms


Innolux Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Innolux'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.

Innolux Cyclically Adjusted Revenue per Share Chart

Innolux 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 55.29 50.55 46.42 42.31 39.89

Innolux Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 41.22 40.76 39.89 40.45 0.00

TPE:3481 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Innolux'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.


Innolux Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:3481
61GF Score
Innolux Corp TPE:3481
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innolux 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, Innolux's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.013/333.9520*333.9520
=8.013

Current CPI (Jun. 2026) = 333.9520.

Innolux Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.979 241.428 13.803
201612 11.602 241.432 16.048
201703 11.322 243.801 15.509
201706 11.061 244.955 15.080
201709 10.440 246.819 14.126
201712 9.943 246.524 13.469
201803 8.761 249.554 11.724
201806 8.635 251.989 11.444
201809 9.702 252.439 12.835
201812 9.545 251.233 12.688
201903 7.959 254.202 10.456
201906 8.434 256.143 10.996
201909 8.391 256.759 10.914
201912 8.987 256.974 11.679
202003 6.916 258.115 8.948
202006 9.061 257.797 11.738
202009 9.586 260.280 12.299
202012 10.555 260.474 13.532
202103 10.453 264.877 13.179
202106 11.564 271.696 14.214
202109 10.295 274.310 12.533
202112 6.923 278.802 8.292
202203 7.823 287.504 9.087
202206 6.575 296.311 7.410
202209 5.436 296.808 6.116
202212 5.729 296.797 6.446
202303 5.175 301.836 5.726
202306 6.545 305.109 7.164
202309 6.377 307.789 6.919
202312 5.898 306.746 6.421
202403 5.564 312.332 5.949
202406 6.035 314.175 6.415
202409 6.584 315.301 6.973
202412 6.623 315.605 7.008
202503 6.980 319.799 7.289
202506 7.393 322.561 7.654
202509 8.644 324.800 8.888
202512 7.106 324.054 7.323
202603 8.341 330.213 8.435
202606 8.013 333.952 8.013

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$0.00 mean?
Innolux (TPE:3481) has a Cyclically Adjusted Revenue per Share of NT$0.00 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Innolux and its competitors.
Is Innolux's Cyclically Adjusted Revenue per Share too high?
Innolux's current Cyclically Adjusted Revenue per Share is NT$0.00. Overall, Innolux has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innolux's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Innolux's Cyclically Adjusted Revenue per Share of NT$0.00 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 Innolux and its competitors. Innolux's current Cyclically Adjusted Revenue per Share is NT$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innolux stock overvalued right now?
Based on GuruFocus' analysis, Innolux (TPE:3481) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$21.11, compared to a current price of NT$45.45 — trading 115.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$0.00. Innolux's overall GF Score™ is 61/100 with 4 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 Innolux (TPE:3481), the current Cyclically Adjusted Revenue per Share is NT$0.00 as of Jun. 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 Innolux (TPE:3481) Overvalued in 2026?

Based on GuruFocus' analysis, Innolux stock appears to be overvalued. The current stock price of NT$45.45 is trading 115.3% above its estimated GF Value™ of NT$21.11. GuruFocus considers Innolux to be Significantly Overvalued.

Key valuation signals for TPE:3481:

  • Cyclically Adjusted Revenue per Share: NT$0.00
  • GF Value™: NT$21.11 vs. price of NT$45.45 (115.3% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the TPE:3481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innolux Business Description

Address No. 160, Kexue Road, Hsinchu Science Park, Zhunan Township, Miaoli, TWN, 35053
Innolux Corp is a Taiwan-based company that engages in the research, development, design, manufacture and sales of display panels and related diverse cross-domain applications, as well as providing comprehensive display solutions. It generates revenue in Taiwan and markets in Asia, the Americas, and Europe. Its products are LCD TV Applications, PID Applications, Monitor Applications, Notebook Applications, Industrial Display Applications, Smart Medical Applications, Automotive Display Applications, Tablet Display Applications, Display Technologies, Non-Display Technologies, and others. It derives revenue from the transfer of goods at a point in time.
61GF Score

Get the complete analysis for TPE:3481

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

NT$45.45
Price
NT$21.11
GF Value