Avic Heavy Machinery Co (SHSE:600765) Cyclically Adjusted Revenue per Share: ¥6.38 (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.

SHSE:600765 Avic Heavy Machinery Co Ltd SHSE:600765
66 GF Score
Price ¥13.64
GF Value ¥17.23
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Avic Heavy Machinery Co Cyclically Adjusted Revenue per Share?

Avic Heavy Machinery Co SHSE:600765 +0.89% 66 Cyclically Adjusted Revenue per Share is ¥6.38 as of Mar. 2026. GuruFocus rates SHSE:600765 with a GF Score™ of 66/100 and a GF Value™ of ¥17.23 (Modestly Undervalued). The stock has 10 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.

Avic Heavy Machinery Co's adjusted revenue per share for the three months ended in Mar. 2026 was ¥1.554. 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 ¥6.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Avic Heavy Machinery Co's average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% 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 Avic Heavy Machinery Co was 24.10% per year. The lowest was 1.00% per year. And the median was 5.60% per year.

As of today (2026-07-30), Avic Heavy Machinery Co's current stock price is ¥13.64. Avic Heavy Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥6.38. Avic Heavy Machinery Co's Cyclically Adjusted PS Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avic Heavy Machinery Co was 6.12. The lowest was 0.90. And the median was 2.41.


Avic Heavy Machinery Co  (SHSE:600765) 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.

Avic Heavy Machinery Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.64/6.38
=2.14

* 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 Avic Heavy Machinery Co was 6.12. The lowest was 0.90. And the median was 2.41.


Be Aware

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


Avic Heavy Machinery Co Cyclically Adjusted Revenue per Share Related Terms


Avic Heavy Machinery Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Avic Heavy Machinery 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.

Avic Heavy Machinery Co Cyclically Adjusted Revenue per Share Chart

Avic Heavy Machinery 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 5.89 6.15 6.20 6.29 6.33

Avic Heavy Machinery 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 6.31 6.30 6.29 6.33 6.38

SHSE:600765 vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, Avic Heavy Machinery 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.


Avic Heavy Machinery Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avic Heavy Machinery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Avic Heavy Machinery Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600765
66GF Score
Avic Heavy Machinery Co Ltd SHSE:600765
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avic Heavy Machinery 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, Avic Heavy Machinery 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)
=1.554/116.3033*116.3033
=1.554

Current CPI (Mar. 2026) = 116.3033.

Avic Heavy Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.209 101.400 1.387
201609 1.327 102.400 1.507
201612 1.243 102.600 1.409
201703 1.134 103.200 1.278
201706 1.342 103.100 1.514
201709 1.314 104.100 1.468
201712 1.380 104.500 1.536
201803 1.112 105.300 1.228
201806 1.270 104.900 1.408
201809 1.160 106.600 1.266
201812 1.489 106.500 1.626
201903 1.163 107.700 1.256
201906 1.418 107.700 1.531
201909 1.432 109.800 1.517
201912 1.384 111.200 1.448
202003 0.948 112.300 0.982
202006 1.642 110.400 1.730
202009 1.524 111.700 1.587
202012 1.104 111.500 1.152
202103 1.349 112.662 1.393
202106 2.119 111.769 2.205
202109 1.326 112.215 1.374
202112 1.600 113.108 1.645
202203 1.390 114.335 1.414
202206 2.059 114.558 2.090
202209 1.782 115.339 1.797
202212 2.002 115.116 2.023
202303 1.557 115.116 1.573
202306 2.212 114.558 2.246
202309 1.676 115.339 1.690
202312 2.440 114.781 2.472
202403 1.985 115.227 2.004
202406 2.057 114.781 2.084
202409 1.575 115.785 1.582
202412 1.345 114.893 1.362
202503 1.516 115.116 1.532
202506 2.084 114.907 2.109
202509 1.297 115.471 1.306
202512 1.551 115.832 1.557
202603 1.554 116.303 1.554

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 ¥6.38 mean?
Avic Heavy Machinery Co (SHSE:600765) has a Cyclically Adjusted Revenue per Share of ¥6.38 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 Avic Heavy Machinery Co and its competitors.
Is Avic Heavy Machinery Co's Cyclically Adjusted Revenue per Share too high?
Avic Heavy Machinery Co's current Cyclically Adjusted Revenue per Share is ¥6.38. Overall, Avic Heavy Machinery Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avic Heavy Machinery Co's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
Avic Heavy Machinery Co's Cyclically Adjusted Revenue per Share of ¥6.38 can be compared against companies in the Industrial 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 an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial 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 Avic Heavy Machinery Co and its competitors. Avic Heavy Machinery Co's current Cyclically Adjusted Revenue per Share is ¥6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avic Heavy Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Avic Heavy Machinery Co (SHSE:600765) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.23, compared to a current price of ¥13.64 — trading 20.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥6.38. Avic Heavy Machinery Co's overall GF Score™ is 66/100 with 10 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 Avic Heavy Machinery Co (SHSE:600765), the current Cyclically Adjusted Revenue per Share is ¥6.38 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 Avic Heavy Machinery Co (SHSE:600765) Overvalued in 2026?

Based on GuruFocus' analysis, Avic Heavy Machinery Co stock appears to be undervalued. The current stock price of ¥13.64 is trading 20.8% below its estimated GF Value™ of ¥17.23. GuruFocus considers Avic Heavy Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:600765:

  • Cyclically Adjusted Revenue per Share: ¥6.38
  • GF Value™: ¥17.23 vs. price of ¥13.64 (20.8% below fair value)
  • GF Score™: 66/100 with 10 warning signs

No single metric tells the full story. See the SHSE:600765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avic Heavy Machinery Co Business Description

Address No. 501, Beitun Road, Xintian Village, Wudang District, Guizhou Province, Guiyang, CHN, 550018
Avic Heavy Machinery Co Ltd is a China-based company engaged in the development, production, and sale of both military and civilian-used high-end equipment. It manufactures hydraulic parts, hydraulic systems, forging products, heat exchangers and gas turbines in China. The company operates in the business areas of Forging business, Hydraulic business, and New energy business. In the Forging business, the company mainly produces die forgings, free forgings, isothermal forgings and rings of different materials. In Hydraulic business, the main products are various types of heat exchangers, high-speed rotating machinery (turbine, pumps, fans), oil tanks, cooling devices, high-temperature insulation components.
66GF Score

Get the complete analysis for SHSE:600765

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

¥13.64
Price
¥17.23
GF Value