Aopen (TPE:3046) PS Ratio: 0.55 (As of Jul. 20, 2026) — 27% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:3046 Aopen Inc TPE:3046
82 GF Score
Price NT$52.40
GF Value NT$77.56
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Aopen PS Ratio?

Aopen TPE:3046 -3.32% 82 PS Ratio is 0.55 as of Jul. 20, 2026, which is 27% below its 10-year median of 0.75. GuruFocus rates TPE:3046 with a GF Score™ of 82/100 and a GF Value™ of NT$77.56 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,474 Hardware companies, Aopen ranks better than 80.07% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Aopen's share price is NT$52.40. Aopen's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$95.76. Hence, Aopen's PS Ratio for today is 0.55.

The historical rank and industry rank for Aopen's PS Ratio or its related term are showing as below:

TPE:3046' s PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.75   Max: 1.83
Current: 0.55

During the past 13 years, Aopen's highest PS Ratio was 1.83. The lowest was 0.22. And the median was 0.75.

TPE:3046's PS Ratio is ranked better than
80.07% of 2474 companies
in the Hardware industry
Industry Median: 1.79 vs TPE:3046: 0.55

Aopen's Revenue per Sharefor the three months ended in Dec. 2025 was NT$24.86. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$95.76.

Warning Sign:

Aopen Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Aopen was 8.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 27.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 33.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 17.70% per year.

During the past 13 years, Aopen's highest 3-Year average Revenue per Share Growth Rate was 52.50% per year. The lowest was -19.50% per year. And the median was 17.65% per year.

Back to Basics: PS Ratio


Aopen  (TPE:3046) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Aopen PS Ratio Related Terms


Aopen PS Ratio Historical Data

* Premium members only.

The historical data trend for Aopen's PS Ratio 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.

Aopen PS Ratio Chart

Aopen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.02 0.83 0.55 0.54

Aopen Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PS Ratio 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 0.55 0.53 0.55 0.52 0.54

TPE:3046 vs SNDK, DELL, STX: PS Ratio Comparison

For the Computer Hardware subindustry, Aopen's PS Ratio, along with its competitors' market caps and 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.


Aopen PS Ratio vs Hardware Industry

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

* The bar in red indicates where Aopen's PS Ratio falls into.


TPE:3046
82GF Score
Aopen Inc TPE:3046
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aopen PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Aopen's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=52.40/95.757
=0.55

Aopen's Share Price of today is NT$52.40.
Aopen's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$95.76.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.55 mean?
Aopen (TPE:3046) has a PS Ratio of 0.55 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Aopen and its competitors. This is 27% below median its historical median of 0.75. Over the past decade, Aopen's PS Ratio has ranged from 0.22 to 1.83. According to the industry distribution chart, Aopen ranks #493 out of 2474 companies in the Hardware industry, placing it in the top 19.9%.
Is Aopen's PS Ratio too high?
Aopen's current PS Ratio of 0.55 is 27% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.83. The Hardware industry median PS Ratio is 1.79. Aopen's value of 0.55 is 69.3% below this industry median. Based on the distribution chart, Aopen ranks #493 out of 2474 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Aopen has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aopen's PS Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Aopen ranks #493 out of 2474 companies for PS Ratio. This places Aopen in the top 20% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.79. Aopen's value of 0.55 is 69.3% below this benchmark. Historically, Aopen's own PS Ratio has ranged from 0.22 to 1.83 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.79, Aopen has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Hardware company?
The median PS Ratio among Hardware companies is 1.79, based on 2,474 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aopen's current PS Ratio of 0.55 is 69.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Aopen and its competitors. For the Hardware industry, the median PS Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aopen's current PS Ratio is 0.55, which is 27% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aopen stock overvalued right now?
Based on GuruFocus' analysis, Aopen (TPE:3046) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$77.56, compared to a current price of NT$52.40 — trading 32.4% below its estimated fair value. The current PS Ratio is 0.55, which is 27% below median its 10-year median of 0.75 and 69.3% below the Hardware industry median of 1.79. Aopen's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Aopen (TPE:3046), the current PS Ratio is 0.55 as of Jul. 20, 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 Aopen (TPE:3046) Overvalued in 2026?

Based on GuruFocus' analysis, Aopen stock appears to be undervalued. The current stock price of NT$52.40 is trading 32.4% below its estimated GF Value™ of NT$77.56. GuruFocus considers Aopen to be Significantly Undervalued.

Key valuation signals for TPE:3046:

  • PS Ratio: 0.55 (27% below median its 10-year median of 0.75)
  • GF Value™: NT$77.56 vs. price of NT$52.40 (32.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 69.3% below the Hardware median (#493 of 2474)

No single metric tells the full story. See the TPE:3046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aopen Business Description

Address No. 369, Fuxing North Road, 7F-5, Minfu Village, Songshan District, Taipei, TWN
Aopen Inc is engaged in the marketing, manufacturing, and trading of computer products, software, computer components, peripheral equipment, and apparatus, as well as IT product repair services for after-sales support provided to Aopen products. Its products include embedded PC, touch panel PC, remote management, commercial and consumer range display, and monitors. The company has three reportable segments: the Americas segment, the Europe segment and the Asia Pacific and emerging market segment, which engage in the research, design, and marketing of computer products, lifestyle appliances, and others. The majority of revenue is derived from the Asia Pacific and emerging market segment.
82GF Score

Get the complete analysis for TPE:3046

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$52.40
Price
NT$77.56
GF Value