Vipshop Holdings (BSP:V1IP34) Cyclically Adjusted Revenue per Share: R$61.87 (As of Mar. 2026)

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BSP:V1IP34 Vipshop Holdings Ltd BSP:V1IP34
73 GF Score
Price R$34.50
GF Value R$41.21
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Vipshop Holdings Cyclically Adjusted Revenue per Share?

Vipshop Holdings BSP:V1IP34 73 Cyclically Adjusted Revenue per Share is R$61.87 as of Mar. 2026. GuruFocus rates BSP:V1IP34 with a GF Score™ of 73/100 and a GF Value™ of R$41.21 (Modestly Undervalued). The stock has 2 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.

Vipshop Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was R$204.618. 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 R$61.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vipshop Holdings's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.40% 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 Vipshop Holdings was 18.00% per year. The lowest was 11.10% per year. And the median was 13.90% per year.

As of today (2026-07-21), Vipshop Holdings's current stock price is R$34.50. Vipshop Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$61.87. Vipshop Holdings's Cyclically Adjusted PS Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vipshop Holdings was 3.83. The lowest was 0.42. And the median was 0.79.


Vipshop Holdings  (BSP:V1IP34) 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.

Vipshop Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=34.50/61.87
=0.56

* 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 Vipshop Holdings was 3.83. The lowest was 0.42. And the median was 0.79.


Be Aware

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


Vipshop Holdings Cyclically Adjusted Revenue per Share Related Terms


Vipshop Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Vipshop Holdings'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.

Vipshop Holdings Cyclically Adjusted Revenue per Share Chart

Vipshop Holdings 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 41.63 45.51 44.53 65.83 71.02

Vipshop Holdings 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 64.97 61.64 57.06 71.02 61.87

BSP:V1IP34 vs GLBE, ETSY, CHWY: Cyclically Adjusted Revenue per Share Comparison

For the Internet Retail subindustry, Vipshop Holdings'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.


Vipshop Holdings Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:V1IP34
73GF Score
Vipshop Holdings Ltd BSP:V1IP34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vipshop Holdings 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, Vipshop Holdings'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)
=204.618/116.3033*116.3033
=204.618

Current CPI (Mar. 2026) = 116.3033.

Vipshop Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 56.060 101.400 64.299
201609 49.304 102.400 55.998
201612 67.790 102.600 76.844
201703 57.866 103.200 65.213
201706 67.376 103.100 76.004
201709 58.169 104.100 64.988
201712 95.411 104.500 106.188
201803 73.412 105.300 81.083
201806 86.236 104.900 95.610
201809 79.931 106.600 87.207
201812 100.881 106.500 110.167
201903 87.579 107.700 94.575
201906 94.419 107.700 101.961
201909 84.095 109.800 89.076
201912 126.786 111.200 132.605
202003 95.535 112.300 98.941
202006 128.638 110.400 135.517
202009 133.020 111.700 138.502
202012 201.406 111.500 210.082
202103 173.280 112.662 178.881
202106 165.211 111.769 171.913
202109 148.953 112.215 154.379
202112 222.698 113.108 228.990
202203 145.535 114.335 148.041
202206 142.363 114.558 144.532
202209 129.441 115.339 130.524
202212 195.948 115.116 197.970
202303 176.969 115.116 178.795
202306 168.981 114.558 171.556
202309 139.530 115.339 140.697
202312 215.423 114.781 218.280
202403 172.360 115.227 173.970
202406 180.186 114.781 182.576
202409 152.600 115.785 153.283
202412 267.777 114.893 271.065
202503 200.020 115.116 202.084
202506 194.734 114.907 197.100
202509 159.429 115.471 160.578
202512 246.929 115.832 247.933
202603 204.618 116.303 204.618

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 R$61.87 mean?
Vipshop Holdings (BSP:V1IP34) has a Cyclically Adjusted Revenue per Share of R$61.87 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 Vipshop Holdings and its competitors.
Is Vipshop Holdings' Cyclically Adjusted Revenue per Share too high?
Vipshop Holdings' current Cyclically Adjusted Revenue per Share is R$61.87. Overall, Vipshop Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vipshop Holdings' Cyclically Adjusted Revenue per Share compare to GLBE and ETSY?
Vipshop Holdings' Cyclically Adjusted Revenue per Share of R$61.87 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 Vipshop Holdings and its competitors. Vipshop Holdings's current Cyclically Adjusted Revenue per Share is R$61.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipshop Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vipshop Holdings (BSP:V1IP34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$41.21, compared to a current price of R$34.50 — trading 16.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$61.87. Vipshop Holdings' overall GF Score™ is 73/100 with 2 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 Vipshop Holdings (BSP:V1IP34), the current Cyclically Adjusted Revenue per Share is R$61.87 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 Vipshop Holdings (BSP:V1IP34) Overvalued in 2026?

Based on GuruFocus' analysis, Vipshop Holdings stock appears to be undervalued. The current stock price of R$34.50 is trading 16.3% below its estimated GF Value™ of R$41.21. GuruFocus considers Vipshop Holdings to be Modestly Undervalued.

Key valuation signals for BSP:V1IP34:

  • Cyclically Adjusted Revenue per Share: R$61.87
  • GF Value™: R$41.21 vs. price of R$34.50 (16.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the BSP:V1IP34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vipshop Holdings Business Description

Address 128 Dingxin Road, Haizhu District, Guangdong Province, Guangzhou, CHN, 510220
Vipshop is a leading Chinese online discount retailer offering branded products at attractive discounts of 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurement, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with global brand partners. As of March 31, 2025, Eric Ya Shen, chair and CEO, had 64.5% voting rights. Leading Chinese social media firm and strategic shareholder Tencent also holds a 12.5% interest.
73GF Score

Get the complete analysis for BSP:V1IP34

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

R$34.50
Price
R$41.21
GF Value