Apex International Co (TPE:4927) Cyclically Adjusted Revenue per Share: NT$72.03 (As of Dec. 2025)

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TPE:4927 Apex International Co Ltd TPE:4927
68 GF Score
Price NT$34.25
GF Value NT$29.49
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Apex International Co Cyclically Adjusted Revenue per Share?

Apex International Co TPE:4927 -3.93% 68 Cyclically Adjusted Revenue per Share is NT$72.03 as of Dec. 2025. GuruFocus rates TPE:4927 with a GF Score™ of 68/100 and a GF Value™ of NT$29.49 (Modestly Overvalued). 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.

Apex International Co's adjusted revenue per share for the three months ended in Dec. 2025 was NT$10.071. 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$72.03 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Apex International Co's average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% 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 Apex International Co was 6.20% per year. The lowest was 1.10% per year. And the median was 4.90% per year.

As of today (2026-07-27), Apex International Co's current stock price is NT$34.25. Apex International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$72.03. Apex International Co's Cyclically Adjusted PS Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Apex International Co was 1.88. The lowest was 0.28. And the median was 0.73.


Apex International Co  (TPE:4927) 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.

Apex International Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=34.25/72.03
=0.48

* 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 Apex International Co was 1.88. The lowest was 0.28. And the median was 0.73.


Be Aware

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


Apex International Co Cyclically Adjusted Revenue per Share Related Terms


Apex International Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Apex 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.

Apex International Co Cyclically Adjusted Revenue per Share Chart

Apex 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 65.02 69.73 71.55 72.73 72.03

Apex 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 72.73 73.57 73.59 73.03 72.03

TPE:4927 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Apex 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.


Apex International Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:4927
68GF Score
Apex International Co Ltd TPE:4927
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex 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, Apex 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)
=10.071/324.0540*324.0540
=10.071

Current CPI (Dec. 2025) = 324.0540.

Apex International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 11.593 238.132 15.776
201606 13.649 241.018 18.351
201609 16.838 241.428 22.601
201612 13.232 241.432 17.760
201703 15.085 243.801 20.051
201706 15.997 244.955 21.163
201709 19.837 246.819 26.044
201712 16.681 246.524 21.927
201803 13.690 249.554 17.777
201806 12.674 251.989 16.299
201809 16.566 252.439 21.266
201812 16.443 251.233 21.209
201903 13.750 254.202 17.528
201906 11.918 256.143 15.078
201909 13.547 256.759 17.098
201912 11.000 256.974 13.871
202003 12.574 258.115 15.786
202006 14.436 257.797 18.146
202009 15.522 260.280 19.325
202012 14.588 260.474 18.149
202103 15.739 264.877 19.255
202106 16.821 271.696 20.063
202109 17.464 274.310 20.631
202112 21.417 278.802 24.893
202203 20.009 287.504 22.553
202206 19.161 296.311 20.955
202209 15.213 296.808 16.610
202212 17.335 296.797 18.927
202303 15.900 301.836 17.070
202306 15.233 305.109 16.179
202309 14.974 307.789 15.765
202312 17.478 306.746 18.464
202403 14.110 312.332 14.640
202406 15.696 314.175 16.190
202409 18.041 315.301 18.542
202412 14.809 315.605 15.205
202503 13.579 319.799 13.760
202506 12.478 322.561 12.536
202509 12.834 324.800 12.805
202512 10.071 324.054 10.071

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$72.03 mean?
Apex International Co (TPE:4927) has a Cyclically Adjusted Revenue per Share of NT$72.03 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 Apex International Co and its competitors.
Is Apex International Co's Cyclically Adjusted Revenue per Share too high?
Apex International Co's current Cyclically Adjusted Revenue per Share is NT$72.03. Overall, Apex International Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex International Co's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Apex International Co's Cyclically Adjusted Revenue per Share of NT$72.03 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 Apex International Co and its competitors. Apex International Co's current Cyclically Adjusted Revenue per Share is NT$72.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex International Co stock overvalued right now?
Based on GuruFocus' analysis, Apex International Co (TPE:4927) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$29.49, compared to a current price of NT$34.25 — trading 16.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$72.03. Apex International Co's overall GF Score™ is 68/100 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 Apex International Co (TPE:4927), the current Cyclically Adjusted Revenue per Share is NT$72.03 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 Apex International Co (TPE:4927) Overvalued in 2026?

Based on GuruFocus' analysis, Apex International Co stock appears to be overvalued. The current stock price of NT$34.25 is trading 16.1% above its estimated GF Value™ of NT$29.49. GuruFocus considers Apex International Co to be Modestly Overvalued.

Key valuation signals for TPE:4927:

  • Cyclically Adjusted Revenue per Share: NT$72.03
  • GF Value™: NT$29.49 vs. price of NT$34.25 (16.1% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the TPE:4927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex International Co Business Description

Address 802, Oleander Way, West Bay Road, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208
Apex International Co Ltd manufactures and sells double-sided and multi-layer printed circuit boards. It PCBs are applied in electronic products, such as digital versatile disks, LCD TVs, air conditioners, digital cameras, projectors, TV tuners, DVD players, recordable machines, printers, hard drives and motherboards, mobile phones, set-top boxes, and satellite TV receivers, as well as automotive audio components. Its product categories comprise home appliances, communication equipment, computer equipment, and auto parts. The Group has a single reportable segment: Thailand, which manufactures and sells PCBs. Geographically, it operates in Thailand, Korea, Hong Kong, Singapore, Vietnam, and Others.
68GF Score

Get the complete analysis for TPE:4927

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

NT$34.25
Price
NT$29.49
GF Value