CMAKY (China Minsheng Banking) Cyclically Adjusted Revenue per Share: $4.44 (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.

CMAKY China Minsheng Banking Corp Ltd CMAKY
52 GF Score
Price $4.55
GF Value $5.34
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is China Minsheng Banking Cyclically Adjusted Revenue per Share?

China Minsheng Banking CMAKY -10.75% 52 Cyclically Adjusted Revenue per Share is $4.44 as of Mar. 2026. GuruFocus rates CMAKY with a GF Score™ of 52/100 and a GF Value™ of $5.34 (Modestly Undervalued). The stock has 4 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.

China Minsheng Banking's adjusted revenue per share for the three months ended in Mar. 2026 was $1.239. 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 $4.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, China Minsheng Banking's average Cyclically Adjusted Revenue Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% 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 China Minsheng Banking was 24.60% per year. The lowest was -2.00% per year. And the median was 11.15% per year.

As of today (2026-08-02), China Minsheng Banking's current stock price is $4.5516. China Minsheng Banking's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.44. China Minsheng Banking's Cyclically Adjusted PS Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Minsheng Banking was 3.48. The lowest was 0.89. And the median was 1.31.


China Minsheng Banking  (OTCPK:CMAKY) 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.

China Minsheng Banking's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.5516/4.44
=1.03

* 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 China Minsheng Banking was 3.48. The lowest was 0.89. And the median was 1.31.


Be Aware

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


China Minsheng Banking Cyclically Adjusted Revenue per Share Related Terms


China Minsheng Banking Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for China Minsheng Banking'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.

China Minsheng Banking Cyclically Adjusted Revenue per Share Chart

China Minsheng Banking 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 3.58 3.12 3.33 4.09

China Minsheng Banking 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 4.47 3.84 4.30 4.09 4.44

China Minsheng Banking Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, China Minsheng Banking'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.


China Minsheng Banking Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, China Minsheng Banking's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Minsheng Banking's Cyclically Adjusted PS Ratio falls into.


CMAKY
52GF Score
China Minsheng Banking Corp Ltd CMAKY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Minsheng Banking 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, China Minsheng Banking'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)
=1.239/116.3033*116.3033
=1.239

Current CPI (Mar. 2026) = 116.3033.

China Minsheng Banking Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.309 101.400 1.501
201609 1.287 102.400 1.462
201612 1.287 102.600 1.459
201703 1.204 103.200 1.357
201706 0.820 103.100 0.925
201709 1.246 104.100 1.392
201712 1.281 104.500 1.426
201803 1.324 105.300 1.462
201806 1.386 104.900 1.537
201809 1.303 106.600 1.422
201812 1.340 106.500 1.463
201903 1.490 107.700 1.609
201906 1.464 107.700 1.581
201909 1.452 109.800 1.538
201912 1.495 111.200 1.564
202003 1.604 112.300 1.661
202006 1.392 110.400 1.466
202009 1.346 111.700 1.401
202012 1.235 111.500 1.288
202103 1.525 112.662 1.574
202106 1.352 111.769 1.407
202109 1.409 112.215 1.460
202112 1.158 113.108 1.191
202203 1.304 114.335 1.326
202206 0.997 114.558 1.012
202209 1.011 115.339 1.019
202212 0.978 115.116 0.988
202303 1.237 115.116 1.250
202306 0.806 114.558 0.818
202309 1.014 115.339 1.022
202312 0.993 114.781 1.006
202403 1.098 115.227 1.108
202406 0.740 114.781 0.750
202409 1.019 115.785 1.024
202412 0.962 114.893 0.974
202503 1.156 115.116 1.168
202506 0.970 114.907 0.982
202509 1.012 115.471 1.019
202512 0.997 115.832 1.001
202603 1.239 116.303 1.239

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 $4.44 mean?
China Minsheng Banking (CMAKY) has a Cyclically Adjusted Revenue per Share of $4.44 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 China Minsheng Banking and its competitors.
Is China Minsheng Banking's Cyclically Adjusted Revenue per Share too high?
China Minsheng Banking's current Cyclically Adjusted Revenue per Share is $4.44. Overall, China Minsheng Banking has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Minsheng Banking's Cyclically Adjusted Revenue per Share compare to competitors?
China Minsheng Banking's Cyclically Adjusted Revenue per Share of $4.44 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks 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 China Minsheng Banking and its competitors. China Minsheng Banking's current Cyclically Adjusted Revenue per Share is $4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Minsheng Banking stock overvalued right now?
Based on GuruFocus' analysis, China Minsheng Banking (CMAKY) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.34, compared to a current price of $4.55 — trading 14.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $4.44. China Minsheng Banking's overall GF Score™ is 52/100 with 4 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 China Minsheng Banking (CMAKY), the current Cyclically Adjusted Revenue per Share is $4.44 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 China Minsheng Banking (CMAKY) Overvalued in 2026?

Based on GuruFocus' analysis, China Minsheng Banking stock appears to be undervalued. The current stock price of $4.55 is trading 14.8% below its estimated GF Value™ of $5.34. GuruFocus considers China Minsheng Banking to be Modestly Undervalued.

Key valuation signals for CMAKY:

  • Cyclically Adjusted Revenue per Share: $4.44
  • GF Value™: $5.34 vs. price of $4.55 (14.8% below fair value)
  • GF Score™: 52/100 with 4 warning signs

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


China Minsheng Banking Business Description

Address No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031
China Minsheng Banking Corp Ltd is a joined stock commercial banks in China. The activities of the bank include commercial banking, financial leasing, fund management, global investment banking, wealth management, and other activities. The segments of the bank are categorized as corporate banking and retail banking, out of which the bank derives maximum revenue from corporate banking segment.
52GF Score

Get the complete analysis for CMAKY

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

$4.55
Price
$5.34
GF Value