GDS (GDS Holdings) Cyclically Adjusted Revenue per Share: $5.76 (As of Mar. 2026)

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GDS GDS Holdings Ltd GDS
65 GF Score
Price $33.44
GF Value $21.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is GDS Holdings Cyclically Adjusted Revenue per Share?

GDS Holdings GDS +4.08% 65 Cyclically Adjusted Revenue per Share is $5.76 as of Mar. 2026. GuruFocus rates GDS with a GF Score™ of 65/100 and a GF Value™ of $21.24 (Significantly Overvalued). The stock has 5 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.

GDS Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was $1.924. 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 $5.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GDS Holdings's average Cyclically Adjusted Revenue Growth Rate was 12.30% 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.

As of today (2026-07-15), GDS Holdings's current stock price is $33.44. GDS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $5.76. GDS Holdings's Cyclically Adjusted PS Ratio of today is 5.81.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of GDS Holdings was 8.34. The lowest was 4.03. And the median was 6.55.


GDS Holdings  (NAS:GDS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.44/5.76
=5.81

* 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 12 years, the highest Cyclically Adjusted PS Ratio of GDS Holdings was 8.34. The lowest was 4.03. And the median was 6.55.


Be Aware

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


GDS Holdings Cyclically Adjusted Revenue per Share Related Terms


GDS Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for GDS 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.

GDS Holdings Cyclically Adjusted Revenue per Share Chart

GDS 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 0.00 0.00 0.00 0.00 5.57

GDS 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 5.13 5.20 5.37 5.57 5.76

GDS vs PSN, INGM, G: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, GDS 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.


GDS Holdings Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, GDS Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


GDS
65GF Score
GDS Holdings Ltd GDS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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GDS 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, GDS 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)
=1.924/116.3033*116.3033
=1.924

Current CPI (Mar. 2026) = 116.3033.

GDS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.228 101.400 0.262
201609 0.478 102.400 0.543
201612 0.667 102.600 0.756
201703 0.534 103.200 0.602
201706 0.520 103.100 0.587
201709 0.679 104.100 0.759
201712 0.717 104.500 0.798
201803 0.734 105.300 0.811
201806 0.795 104.900 0.881
201809 0.892 106.600 0.973
201812 0.964 106.500 1.053
201903 1.037 107.700 1.120
201906 1.024 107.700 1.106
201909 1.064 109.800 1.127
201912 1.177 111.200 1.231
202003 1.196 112.300 1.239
202006 1.273 110.400 1.341
202009 1.424 111.700 1.483
202012 1.443 111.500 1.505
202103 1.450 112.662 1.497
202106 1.601 111.769 1.666
202109 1.754 112.215 1.818
202112 1.882 113.108 1.935
202203 1.936 114.335 1.969
202206 1.887 114.558 1.916
202209 1.840 115.339 1.855
202212 1.835 115.116 1.854
202303 1.906 115.116 1.926
202306 1.882 114.558 1.911
202309 1.881 115.339 1.897
202312 1.816 114.781 1.840
202403 1.838 115.227 1.855
202406 1.935 114.781 1.961
202409 2.006 115.785 2.015
202412 1.992 114.893 2.016
202503 1.672 115.116 1.689
202506 2.153 114.907 2.179
202509 1.634 115.471 1.646
202512 2.070 115.832 2.078
202603 1.924 116.303 1.924

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 $5.76 mean?
GDS Holdings (GDS) has a Cyclically Adjusted Revenue per Share of $5.76 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 GDS Holdings and its competitors.
Is GDS Holdings' Cyclically Adjusted Revenue per Share too high?
GDS Holdings' current Cyclically Adjusted Revenue per Share is $5.76. Overall, GDS Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GDS Holdings' Cyclically Adjusted Revenue per Share compare to PSN and INGM?
GDS Holdings' Cyclically Adjusted Revenue per Share of $5.76 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 GDS Holdings and its competitors. GDS Holdings's current Cyclically Adjusted Revenue per Share is $5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDS Holdings stock overvalued right now?
Based on GuruFocus' analysis, GDS Holdings (GDS) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.24, compared to a current price of $33.44 — trading 57.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $5.76. GDS Holdings' overall GF Score™ is 65/100 with 5 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 GDS Holdings (GDS), the current Cyclically Adjusted Revenue per Share is $5.76 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 GDS Holdings (GDS) Overvalued in 2026?

Based on GuruFocus' analysis, GDS Holdings stock appears to be overvalued. The current stock price of $33.44 is trading 57.4% above its estimated GF Value™ of $21.24. GuruFocus considers GDS Holdings to be Significantly Overvalued.

Key valuation signals for GDS:

  • Cyclically Adjusted Revenue per Share: $5.76
  • GF Value™: $21.24 vs. price of $33.44 (57.4% above fair value)
  • GF Score™: 65/100 with 5 warning signs

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


GDS Holdings Business Description

Address No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137
GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China, and it has also started expanding into Southeast Asia via the now 23% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.
65GF Score

Get the complete analysis for GDS

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

$33.44
Price
$21.24
GF Value