Topkey (TPE:4536) Cyclically Adjusted Revenue per Share: NT$0.00 (As of Mar. 2026)

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TPE:4536 Topkey Corp TPE:4536
86 GF Score
Price NT$165.50
GF Value NT$176.51
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Topkey Cyclically Adjusted Revenue per Share?

Topkey TPE:4536 +0.30% 86 Cyclically Adjusted Revenue per Share is NT$0.00 as of Mar. 2026. GuruFocus rates TPE:4536 with a GF Score™ of 86/100 and a GF Value™ of NT$176.51 (Fairly Valued). The stock has 5 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.

Topkey's adjusted revenue per share for the three months ended in Mar. 2026 was NT$25.363. 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 Mar. 2026.

During the past 12 months, Topkey's average Cyclically Adjusted Revenue Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% 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 Topkey was 5.70% per year. The lowest was 3.60% per year. And the median was 4.65% per year.

As of today (2026-07-22), Topkey's current stock price is NT$165.50. Topkey's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$0.00. Topkey's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Topkey was 2.47. The lowest was 1.36. And the median was 1.80.


Topkey  (TPE:4536) 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 Topkey was 2.47. The lowest was 1.36. And the median was 1.80.


Be Aware

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


Topkey Cyclically Adjusted Revenue per Share Related Terms


Topkey Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Topkey'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.

Topkey Cyclically Adjusted Revenue per Share Chart

Topkey 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 86.48 94.39 98.34 102.01 104.89

Topkey Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 103.90 104.99 105.51 104.89 0.00

TPE:4536 vs AS, HAS, LTH: Cyclically Adjusted Revenue per Share Comparison

For the Leisure subindustry, Topkey'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.


Topkey Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Topkey's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:4536
86GF Score
Topkey Corp TPE:4536
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=25.363/330.2130*330.2130
=25.363

Current CPI (Mar. 2026) = 330.2130.

Topkey Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 19.068 241.018 26.125
201609 19.391 241.428 26.522
201612 16.871 241.432 23.075
201703 13.011 243.801 17.623
201706 18.302 244.955 24.672
201709 19.260 246.819 25.767
201712 18.743 246.524 25.106
201803 16.995 249.554 22.488
201806 21.424 251.989 28.075
201809 22.845 252.439 29.883
201812 19.809 251.233 26.036
201903 17.946 254.202 23.312
201906 21.747 256.143 28.036
201909 21.810 256.759 28.049
201912 17.855 256.974 22.944
202003 15.030 258.115 19.228
202006 19.888 257.797 25.475
202009 22.349 260.280 28.354
202012 22.154 260.474 28.085
202103 22.077 264.877 27.523
202106 20.031 271.696 24.345
202109 25.744 274.310 30.990
202112 27.489 278.802 32.558
202203 23.946 287.504 27.503
202206 29.317 296.311 32.671
202209 34.696 296.808 38.601
202212 32.106 296.797 35.721
202303 30.216 301.836 33.057
202306 27.430 305.109 29.687
202309 21.749 307.789 23.334
202312 22.199 306.746 23.897
202403 20.814 312.332 22.006
202406 25.436 314.175 26.734
202409 28.527 315.301 29.876
202412 29.050 315.605 30.395
202503 26.315 319.799 27.172
202506 27.595 322.561 28.250
202509 26.527 324.800 26.969
202512 20.366 324.054 20.753
202603 25.363 330.213 25.363

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?
Topkey (TPE:4536) has a Cyclically Adjusted Revenue per Share of NT$0.00 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Topkey and its competitors.
Is Topkey's Cyclically Adjusted Revenue per Share too high?
Topkey's current Cyclically Adjusted Revenue per Share is NT$0.00. Overall, Topkey has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topkey's Cyclically Adjusted Revenue per Share compare to AS and HAS?
Topkey's Cyclically Adjusted Revenue per Share of NT$0.00 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure 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 Topkey and its competitors. Topkey'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 Topkey stock overvalued right now?
Based on GuruFocus' analysis, Topkey (TPE:4536) is currently considered Fairly Valued. The stock's GF Value™ is NT$176.51, compared to a current price of NT$165.50 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$0.00. Topkey's overall GF Score™ is 86/100 with 5 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 Topkey (TPE:4536), the current Cyclically Adjusted Revenue per Share is NT$0.00 as of Mar. 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 Topkey (TPE:4536) Overvalued in 2026?

Based on GuruFocus' analysis, Topkey stock appears to be undervalued. The current stock price of NT$165.50 is trading 6.2% below its estimated GF Value™ of NT$176.51. GuruFocus considers Topkey to be Fairly Valued.

Key valuation signals for TPE:4536:

  • Cyclically Adjusted Revenue per Share: NT$0.00
  • GF Value™: NT$176.51 vs. price of NT$165.50 (6.2% below fair value)
  • GF Score™: 86/100 with 5 warning signs

No single metric tells the full story. See the TPE:4536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topkey Business Description

Address No. 18, 20th Road, Industrial Park, Taichung, TWN
Topkey Corp is mainly engaged in the production, processing, sale, international trading, and agency services of sporting goods, carbon fiber products, glass fiber products, and composite materials. Revenue from the sales of goods comes from the sales of sporting goods which accounts for the majority of the company's revenue, aviation products, and medical products. Revenue from the rendering of services comes from professional labor services. The company operates in Asia which is also its key revenue-generating market, Europe, America, and other regions.
86GF Score

Get the complete analysis for TPE:4536

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

NT$165.50
Price
NT$176.51
GF Value