Hannstar Display (TPE:6116) Cyclically Adjusted Revenue per Share: NT$7.03 (As of Mar. 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:6116 Hannstar Display Corp TPE:6116
54 GF Score
Price NT$13.25
GF Value NT$8.94
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hannstar Display Cyclically Adjusted Revenue per Share?

Hannstar Display TPE:6116 -3.99% 54 Cyclically Adjusted Revenue per Share is NT$7.03 as of Mar. 2026. GuruFocus rates TPE:6116 with a GF Score™ of 54/100 and a GF Value™ of NT$8.94 (Significantly Overvalued). The stock has 3 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.

Hannstar Display's adjusted revenue per share for the three months ended in Mar. 2026 was NT$1.055. 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$7.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hannstar Display's average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.40% 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 Hannstar Display was -4.30% per year. The lowest was -7.50% per year. And the median was -5.20% per year.

As of today (2026-07-27), Hannstar Display's current stock price is NT$13.25. Hannstar Display's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$7.03. Hannstar Display's Cyclically Adjusted PS Ratio of today is 1.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hannstar Display was 3.43. The lowest was 0.50. And the median was 1.30.


Hannstar Display  (TPE:6116) 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.

Hannstar Display's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.25/7.03
=1.88

* 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 Hannstar Display was 3.43. The lowest was 0.50. And the median was 1.30.


Be Aware

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


Hannstar Display Cyclically Adjusted Revenue per Share Related Terms


Hannstar Display Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hannstar Display'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.

Hannstar Display Cyclically Adjusted Revenue per Share Chart

Hannstar Display 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 8.30 8.01 7.47 7.07 6.94

Hannstar Display 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 7.05 7.05 7.02 6.94 7.03

TPE:6116 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Hannstar Display'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.


Hannstar Display Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:6116
54GF Score
Hannstar Display Corp TPE:6116
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hannstar Display 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, Hannstar Display'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)
=1.055/330.2130*330.2130
=1.055

Current CPI (Mar. 2026) = 330.2130.

Hannstar Display Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.259 241.018 1.725
201609 2.160 241.428 2.954
201612 2.725 241.432 3.727
201703 1.890 243.801 2.560
201706 1.449 244.955 1.953
201709 2.027 246.819 2.712
201712 1.789 246.524 2.396
201803 1.340 249.554 1.773
201806 1.547 251.989 2.027
201809 1.245 252.439 1.629
201812 0.994 251.233 1.306
201903 1.033 254.202 1.342
201906 1.386 256.143 1.787
201909 1.388 256.759 1.785
201912 1.445 256.974 1.857
202003 1.090 258.115 1.394
202006 1.137 257.797 1.456
202009 1.721 260.280 2.183
202012 2.286 260.474 2.898
202103 2.566 264.877 3.199
202106 2.617 271.696 3.181
202109 1.930 274.310 2.323
202112 1.741 278.802 2.062
202203 1.692 287.504 1.943
202206 1.528 296.311 1.703
202209 1.339 296.808 1.490
202212 1.323 296.797 1.472
202303 0.936 301.836 1.024
202306 1.216 305.109 1.316
202309 1.149 307.789 1.233
202312 1.049 306.746 1.129
202403 0.887 312.332 0.938
202406 0.757 314.175 0.796
202409 0.829 315.301 0.868
202412 1.002 315.605 1.048
202503 1.014 319.799 1.047
202506 1.028 322.561 1.052
202509 0.926 324.800 0.941
202512 0.970 324.054 0.988
202603 1.055 330.213 1.055

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$7.03 mean?
Hannstar Display (TPE:6116) has a Cyclically Adjusted Revenue per Share of NT$7.03 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 Hannstar Display and its competitors.
Is Hannstar Display's Cyclically Adjusted Revenue per Share too high?
Hannstar Display's current Cyclically Adjusted Revenue per Share is NT$7.03. Overall, Hannstar Display has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hannstar Display's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Hannstar Display's Cyclically Adjusted Revenue per Share of NT$7.03 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 Hannstar Display and its competitors. Hannstar Display's current Cyclically Adjusted Revenue per Share is NT$7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannstar Display stock overvalued right now?
Based on GuruFocus' analysis, Hannstar Display (TPE:6116) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.94, compared to a current price of NT$13.25 — trading 48.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$7.03. Hannstar Display's overall GF Score™ is 54/100 with 3 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 Hannstar Display (TPE:6116), the current Cyclically Adjusted Revenue per Share is NT$7.03 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 Hannstar Display (TPE:6116) Overvalued in 2026?

Based on GuruFocus' analysis, Hannstar Display stock appears to be overvalued. The current stock price of NT$13.25 is trading 48.2% above its estimated GF Value™ of NT$8.94. GuruFocus considers Hannstar Display to be Significantly Overvalued.

Key valuation signals for TPE:6116:

  • Cyclically Adjusted Revenue per Share: NT$7.03
  • GF Value™: NT$8.94 vs. price of NT$13.25 (48.2% above fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the TPE:6116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hannstar Display Business Description

Address Lane 168, Xingshan Road, 4Floor, No.15, Neihu District, Taipei, TWN, 11469
Hannstar Display Corp is engaged in research and development, design, manufacturing, sale and repairs of TFT-LCDs. The company has only one reportable segment, production and sale of TFT-LCD panels, flat-panel displays and CCTV. The firm has operations in Mainland China, Asia, Taiwan, Europe and Others, with the majority of its revenue from China.
54GF Score

Get the complete analysis for TPE:6116

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

NT$13.25
Price
NT$8.94
GF Value