Capital Securities (TPE:6005) Cyclically Adjusted Revenue per Share: NT$5.99 (As of Dec. 2025)

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TPE:6005 Capital Securities Corp TPE:6005
77 GF Score
Price NT$34.15
GF Value NT$32.15
Valuation Fairly Valued
! 8 Warning Signs
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What is Capital Securities Cyclically Adjusted Revenue per Share?

Capital Securities TPE:6005 +1.64% 77 Cyclically Adjusted Revenue per Share is NT$5.99 as of Dec. 2025. GuruFocus rates TPE:6005 with a GF Score™ of 77/100 and a GF Value™ of NT$32.15 (Fairly Valued). The stock has 8 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.

Capital Securities's adjusted revenue per share for the three months ended in Dec. 2025 was NT$4.071. 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$5.99 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Capital Securities's average Cyclically Adjusted Revenue Growth Rate was 15.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.30% 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 Capital Securities was 15.90% per year. The lowest was 11.80% per year. And the median was 13.60% per year.

As of today (2026-07-23), Capital Securities's current stock price is NT$34.15. Capital Securities's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$5.99. Capital Securities's Cyclically Adjusted PS Ratio of today is 5.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Capital Securities was 7.52. The lowest was 2.60. And the median was 4.07.


Capital Securities  (TPE:6005) 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.

Capital Securities's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=34.15/5.99
=5.70

* 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 Capital Securities was 7.52. The lowest was 2.60. And the median was 4.07.


Be Aware

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


Capital Securities Cyclically Adjusted Revenue per Share Related Terms


Capital Securities Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Capital Securities'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.

Capital Securities Cyclically Adjusted Revenue per Share Chart

Capital Securities 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 3.54 3.89 4.45 5.17 5.99

Capital Securities 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 5.17 5.30 5.32 5.69 5.99

TPE:6005 vs MS, GS, SCHW: Cyclically Adjusted Revenue per Share Comparison

For the Capital Markets subindustry, Capital Securities'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.


Capital Securities Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Capital Securities's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:6005
77GF Score
Capital Securities Corp TPE:6005
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Securities 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, Capital Securities'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)
=4.071/324.0540*324.0540
=4.071

Current CPI (Dec. 2025) = 324.0540.

Capital Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.509 238.132 0.693
201606 0.609 241.018 0.819
201609 0.739 241.428 0.992
201612 0.572 241.432 0.768
201703 0.807 243.801 1.073
201706 0.866 244.955 1.146
201709 1.234 246.819 1.620
201712 0.987 246.524 1.297
201803 0.879 249.554 1.141
201806 0.851 251.989 1.094
201809 0.588 252.439 0.755
201812 0.326 251.233 0.420
201903 0.696 254.202 0.887
201906 0.649 256.143 0.821
201909 0.884 256.759 1.116
201912 0.929 256.974 1.172
202003 0.466 258.115 0.585
202006 1.007 257.797 1.266
202009 1.467 260.280 1.826
202012 1.411 260.474 1.755
202103 1.578 264.877 1.931
202106 1.977 271.696 2.358
202109 1.828 274.310 2.159
202112 1.524 278.802 1.771
202203 1.481 287.504 1.669
202206 0.606 296.311 0.663
202209 0.640 296.808 0.699
202212 0.888 296.797 0.970
202303 1.416 301.836 1.520
202306 2.076 305.109 2.205
202309 1.397 307.789 1.471
202312 1.546 306.746 1.633
202403 2.774 312.332 2.878
202406 2.910 314.175 3.002
202409 2.049 315.301 2.106
202412 1.604 315.605 1.647
202503 1.491 319.799 1.511
202506 0.742 322.561 0.745
202509 3.668 324.800 3.660
202512 4.071 324.054 4.071

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$5.99 mean?
Capital Securities (TPE:6005) has a Cyclically Adjusted Revenue per Share of NT$5.99 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 Capital Securities and its competitors.
Is Capital Securities' Cyclically Adjusted Revenue per Share too high?
Capital Securities' current Cyclically Adjusted Revenue per Share is NT$5.99. Overall, Capital Securities has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Capital Securities' Cyclically Adjusted Revenue per Share compare to MS and GS?
Capital Securities' Cyclically Adjusted Revenue per Share of NT$5.99 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets 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 Capital Securities and its competitors. Capital Securities's current Cyclically Adjusted Revenue per Share is NT$5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Securities stock overvalued right now?
Based on GuruFocus' analysis, Capital Securities (TPE:6005) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.15, compared to a current price of NT$34.15 — trading 6.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$5.99. Capital Securities' overall GF Score™ is 77/100 with 8 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 Capital Securities (TPE:6005), the current Cyclically Adjusted Revenue per Share is NT$5.99 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 Capital Securities (TPE:6005) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Securities stock appears to be overvalued. The current stock price of NT$34.15 is trading 6.2% above its estimated GF Value™ of NT$32.15. GuruFocus considers Capital Securities to be Fairly Valued.

Key valuation signals for TPE:6005:

  • Cyclically Adjusted Revenue per Share: NT$5.99
  • GF Value™: NT$32.15 vs. price of NT$34.15 (6.2% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the TPE:6005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capital Securities Business Description

Address No. 156, Minsheng East Road, 11th Floor, Section 3, Songshan District, Taipei, TWN, 10596
Capital Securities Corp is a Taiwan-based securities company engaged in brokerage, underwriting, proprietary trading, and derivatives businesses. It operates in segments such as the Brokerage segment, which is engaged in brokerage trading, margin trading, and securities lending business. Corporate financing segment: Engaged in providing advisory on initial public offering or to register on the emerging or listed market, securities underwriting and sales, corporate finance, mergers and acquisitions. Dealing segment: Engaged in trading securities and related listed stock instruments on a proprietary basis. Derivative instrument segment: Engaged in the investment, consultancy, and issuance of derivative instruments. Futures: Engaged in the business of domestic futures brokerage services.
77GF Score

Get the complete analysis for TPE:6005

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

NT$34.15
Price
NT$32.15
GF Value