Fujian Qingshan Paper Industry Co (SHSE:600103) Cyclically Adjusted Revenue per Share: ¥1.27 (As of Mar. 2026)

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SHSE:600103 Fujian Qingshan Paper Industry Co Ltd SHSE:600103
63 GF Score
Price ¥3.08
GF Value ¥2.07
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fujian Qingshan Paper Industry Co Cyclically Adjusted Revenue per Share?

Fujian Qingshan Paper Industry Co SHSE:600103 +5.48% 63 Cyclically Adjusted Revenue per Share is ¥1.27 as of Mar. 2026. GuruFocus rates SHSE:600103 with a GF Score™ of 63/100 and a GF Value™ of ¥2.07 (Significantly Overvalued). 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.

Fujian Qingshan Paper Industry Co's adjusted revenue per share for the three months ended in Mar. 2026 was ¥0.259. 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 ¥1.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fujian Qingshan Paper Industry Co's average Cyclically Adjusted Revenue Growth Rate was -4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.10% 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 Fujian Qingshan Paper Industry Co was 8.30% per year. The lowest was -3.40% per year. And the median was 1.60% per year.

As of today (2026-08-04), Fujian Qingshan Paper Industry Co's current stock price is ¥3.08. Fujian Qingshan Paper Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.27. Fujian Qingshan Paper Industry Co's Cyclically Adjusted PS Ratio of today is 2.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fujian Qingshan Paper Industry Co was 3.87. The lowest was 1.23. And the median was 1.71.


Fujian Qingshan Paper Industry Co  (SHSE:600103) 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.

Fujian Qingshan Paper Industry Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.08/1.27
=2.43

* 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 Fujian Qingshan Paper Industry Co was 3.87. The lowest was 1.23. And the median was 1.71.


Be Aware

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


Fujian Qingshan Paper Industry Co Cyclically Adjusted Revenue per Share Related Terms


Fujian Qingshan Paper Industry Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Fujian Qingshan Paper Industry Co'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.

Fujian Qingshan Paper Industry Co Cyclically Adjusted Revenue per Share Chart

Fujian Qingshan Paper Industry Co 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 1.41 1.42 1.38 1.34 1.28

Fujian Qingshan Paper Industry Co 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 1.33 1.31 1.30 1.28 1.27

Fujian Qingshan Paper Industry Co Cyclically Adjusted Revenue per Share Competitor Comparison

For the Paper & Paper Products subindustry, Fujian Qingshan Paper Industry Co'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.


Fujian Qingshan Paper Industry Co Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fujian Qingshan Paper Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fujian Qingshan Paper Industry Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600103
63GF Score
Fujian Qingshan Paper Industry Co Ltd SHSE:600103
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Qingshan Paper Industry Co 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, Fujian Qingshan Paper Industry Co'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)
=0.259/116.3033*116.3033
=0.259

Current CPI (Mar. 2026) = 116.3033.

Fujian Qingshan Paper Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.456 101.400 0.523
201609 0.436 102.400 0.495
201612 0.238 102.600 0.270
201703 0.264 103.200 0.298
201706 0.287 103.100 0.324
201709 0.310 104.100 0.346
201712 0.292 104.500 0.325
201803 0.290 105.300 0.320
201806 0.381 104.900 0.422
201809 0.311 106.600 0.339
201812 0.260 106.500 0.284
201903 0.303 107.700 0.327
201906 0.288 107.700 0.311
201909 0.255 109.800 0.270
201912 0.315 111.200 0.329
202003 0.175 112.300 0.181
202006 0.293 110.400 0.309
202009 0.335 111.700 0.349
202012 0.278 111.500 0.290
202103 0.302 112.662 0.312
202106 0.328 111.769 0.341
202109 0.313 112.215 0.324
202112 0.339 113.108 0.349
202203 0.353 114.335 0.359
202206 0.363 114.558 0.369
202209 0.318 115.339 0.321
202212 0.286 115.116 0.289
202303 0.319 115.116 0.322
202306 0.290 114.558 0.294
202309 0.255 115.339 0.257
202312 0.345 114.781 0.350
202403 0.302 115.227 0.305
202406 0.335 114.781 0.339
202409 0.262 115.785 0.263
202412 0.268 114.893 0.271
202503 0.284 115.116 0.287
202506 0.260 114.907 0.263
202509 0.251 115.471 0.253
202512 0.293 115.832 0.294
202603 0.259 116.303 0.259

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 ¥1.27 mean?
Fujian Qingshan Paper Industry Co (SHSE:600103) has a Cyclically Adjusted Revenue per Share of ¥1.27 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 Fujian Qingshan Paper Industry Co and its competitors.
Is Fujian Qingshan Paper Industry Co's Cyclically Adjusted Revenue per Share too high?
Fujian Qingshan Paper Industry Co's current Cyclically Adjusted Revenue per Share is ¥1.27. Overall, Fujian Qingshan Paper Industry Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Qingshan Paper Industry Co's Cyclically Adjusted Revenue per Share compare to competitors?
Fujian Qingshan Paper Industry Co's Cyclically Adjusted Revenue per Share of ¥1.27 can be compared against companies in the Forest Products 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 Forest Products company?
A good Cyclically Adjusted Revenue per Share depends on the Forest Products 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 Fujian Qingshan Paper Industry Co and its competitors. Fujian Qingshan Paper Industry Co's current Cyclically Adjusted Revenue per Share is ¥1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Qingshan Paper Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co (SHSE:600103) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.07, compared to a current price of ¥3.08 — trading 48.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥1.27. Fujian Qingshan Paper Industry Co's overall GF Score™ is 63/100 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 Fujian Qingshan Paper Industry Co (SHSE:600103), the current Cyclically Adjusted Revenue per Share is ¥1.27 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 Fujian Qingshan Paper Industry Co (SHSE:600103) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co stock appears to be overvalued. The current stock price of ¥3.08 is trading 48.8% above its estimated GF Value™ of ¥2.07. GuruFocus considers Fujian Qingshan Paper Industry Co to be Significantly Overvalued.

Key valuation signals for SHSE:600103:

  • Cyclically Adjusted Revenue per Share: ¥1.27
  • GF Value™: ¥2.07 vs. price of ¥3.08 (48.8% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Qingshan Paper Industry Co Business Description

Address No. 1 Qingshan Road, Qingshan Paper Industry, Qingzhou Town, Shaxian County, Fujian Province, Sanming, CHN, 365056
Fujian Qingshan Paper Industry Co Ltd is a China-based company engaged in the production and sales of paper products. Its principal products cover paper bags, pulp board, paperboard and corrugated paper products, paper products, optoelectronic products and forest products. The company distributes its products in domestic and overseas markets.
63GF Score

Get the complete analysis for SHSE:600103

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

¥3.08
Price
¥2.07
GF Value