GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Agricultural Bank of China Ltd (HKSE:01288) » Definitions » Cyclically Adjusted Revenue per Share

Agricultural Bank of China (HKSE:01288) Cyclically Adjusted Revenue per Share : HK$1.73 (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Agricultural Bank of China Cyclically Adjusted Revenue per Share?

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.

Agricultural Bank of China's adjusted revenue per share for the three months ended in Mar. 2025 was HK$0.528. 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 HK$1.73 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Agricultural Bank of China's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% 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 Agricultural Bank of China was 3.80% per year. The lowest was 2.40% per year. And the median was 3.35% per year.

As of today (2025-05-30), Agricultural Bank of China's current stock price is HK$5.04. Agricultural Bank of China's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was HK$1.73. Agricultural Bank of China's Cyclically Adjusted PS Ratio of today is 2.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Agricultural Bank of China was 2.91. The lowest was 1.50. And the median was 1.99.


Agricultural Bank of China Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Agricultural Bank of China'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.

* Premium members only.

Agricultural Bank of China Cyclically Adjusted Revenue per Share Chart

Agricultural Bank of China Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.63 1.69 1.57 1.59

Agricultural Bank of China Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.49 1.46 1.46 1.59 1.73

Competitive Comparison of Agricultural Bank of China's Cyclically Adjusted Revenue per Share

For the Banks - Diversified subindustry, Agricultural Bank of China'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.


Agricultural Bank of China's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Agricultural Bank of China's Cyclically Adjusted PS Ratio falls into.


;
;

Agricultural Bank of China 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, Agricultural Bank of China's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.528/119.3844*119.3844
=0.528

Current CPI (Mar. 2025) = 119.3844.

Agricultural Bank of China Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.504 99.267 0.606
201509 0.497 99.927 0.594
201512 0.462 102.015 0.541
201603 0.482 102.785 0.560
201606 0.457 101.686 0.537
201609 0.448 102.565 0.521
201612 0.380 103.225 0.439
201703 0.480 103.335 0.555
201706 0.475 103.664 0.547
201709 0.486 103.994 0.558
201712 0.434 104.984 0.494
201803 0.560 105.973 0.631
201806 0.578 106.193 0.650
201809 0.526 106.852 0.588
201812 0.439 107.622 0.487
201903 0.561 108.172 0.619
201906 0.481 109.601 0.524
201909 0.480 110.260 0.520
201912 0.451 110.700 0.486
202003 0.579 110.920 0.623
202006 0.452 110.590 0.488
202009 0.481 107.512 0.534
202012 0.522 109.711 0.568
202103 0.633 111.579 0.677
202106 0.585 111.360 0.627
202109 0.536 109.051 0.587
202112 0.589 112.349 0.626
202203 0.649 113.558 0.682
202206 0.542 113.448 0.570
202209 0.508 113.778 0.533
202212 0.460 114.548 0.479
202303 0.602 115.427 0.623
202306 0.532 115.647 0.549
202309 0.437 116.087 0.449
202312 0.483 117.296 0.492
202403 0.545 117.735 0.553
202406 0.534 117.296 0.544
202409 0.462 118.615 0.465
202412 0.511 118.945 0.513
202503 0.528 119.384 0.528

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Agricultural Bank of China  (HKSE:01288) 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.

Agricultural Bank of China's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.04/1.73
=2.91

* 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 Agricultural Bank of China was 2.91. The lowest was 1.50. And the median was 1.99.


Be Aware

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


Agricultural Bank of China Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Agricultural Bank of China's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Agricultural Bank of China Business Description

Traded in Other Exchanges
Address
50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
As of the four big banks ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It was listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 40.14% and 35.29%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 56%, and 3% of total revenue in the first half of 2024, respectively. Rural banking and urban banking contributed 50% and 50% of total revenue during the same period.
Executives
Ping An Asset Management Co., Ltd. 2102 Investment manager
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner
Blackrock, Inc. 2201 Interest of corporation controlled by you
China Taiping Insurance Holdings Company Limited 2201 Interest of corporation controlled by you
Zhong Guo Tai Ping Bao Xian Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Tai Ping Ren Shou Bao Xian You Xian Gong Si 2101 Beneficial owner
Tai Ping Zi Chan Guan Li You Xian Gong Si 2102 Investment manager

Agricultural Bank of China Headlines

No Headlines