Bank of Xi'an Co (SHSE:600928) Cyclically Adjusted Revenue per Share: ¥1.69 (As of Mar. 2026)

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SHSE:600928 Bank of Xi'an Co Ltd SHSE:600928
68 GF Score
Price ¥3.51
GF Value ¥5.47
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Bank of Xi'an Co Cyclically Adjusted Revenue per Share?

Bank of Xi'an Co SHSE:600928 +0.57% 68 Cyclically Adjusted Revenue per Share is ¥1.69 as of Mar. 2026. GuruFocus rates SHSE:600928 with a GF Score™ of 68/100 and a GF Value™ of ¥5.47 (Significantly 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.

Bank of Xi'an Co's adjusted revenue per share for the three months ended in Mar. 2026 was ¥0.636. 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 ¥1.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bank of Xi'an Co's average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Bank of Xi'an Co was 2.30% per year. The lowest was 2.30% per year. And the median was 2.30% per year.

As of today (2026-08-17), Bank of Xi'an Co's current stock price is ¥3.51. Bank of Xi'an Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.69. Bank of Xi'an Co's Cyclically Adjusted PS Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank of Xi'an Co was 2.67. The lowest was 1.92. And the median was 2.27.


Bank of Xi'an Co  (SHSE:600928) 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.

Bank of Xi'an Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.51/1.69
=2.08

* 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 Bank of Xi'an Co was 2.67. The lowest was 1.92. And the median was 2.27.


Be Aware

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


Bank of Xi'an Co Cyclically Adjusted Revenue per Share Related Terms


Bank of Xi'an Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Bank of Xi'an 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.

Bank of Xi'an Co Cyclically Adjusted Revenue per Share Chart

Bank of Xi'an 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 0.00 1.54 1.54 1.57 1.65

Bank of Xi'an 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 1.57 1.60 1.64 1.65 1.69

Bank of Xi'an Co Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, Bank of Xi'an 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.


Bank of Xi'an Co Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Bank of Xi'an Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600928
68GF Score
Bank of Xi'an Co Ltd SHSE:600928
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Xi'an 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, Bank of Xi'an 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)
=0.636/116.3033*116.3033
=0.636

Current CPI (Mar. 2026) = 116.3033.

Bank of Xi'an Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.280 101.400 0.321
201609 0.237 102.400 0.269
201612 0.323 102.600 0.366
201703 0.284 103.200 0.320
201706 0.294 103.100 0.332
201709 0.000 104.100 0.000
201712 0.000 104.500 0.000
201803 0.323 105.300 0.357
201806 0.346 104.900 0.384
201809 0.413 106.600 0.451
201812 0.409 106.500 0.447
201903 0.413 107.700 0.446
201906 0.377 107.700 0.407
201909 0.382 109.800 0.405
201912 0.390 111.200 0.408
202003 0.388 112.300 0.402
202006 0.361 110.400 0.380
202009 0.416 111.700 0.433
202012 0.441 111.500 0.460
202103 0.428 112.662 0.442
202106 0.375 111.769 0.390
202109 0.399 112.215 0.414
202112 0.414 113.108 0.426
202203 0.355 114.335 0.361
202206 0.387 114.558 0.393
202209 0.351 115.339 0.354
202212 0.398 115.116 0.402
202303 0.412 115.116 0.416
202306 0.331 114.558 0.336
202309 0.348 115.339 0.351
202312 0.456 114.781 0.462
202403 0.391 115.227 0.395
202406 0.375 114.781 0.380
202409 0.400 115.785 0.402
202412 0.628 114.893 0.636
202503 0.439 115.116 0.444
202506 0.714 114.907 0.723
202509 0.553 115.471 0.557
202512 0.511 115.832 0.513
202603 0.636 116.303 0.636

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 ¥1.69 mean?
Bank of Xi'an Co (SHSE:600928) has a Cyclically Adjusted Revenue per Share of ¥1.69 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 Bank of Xi'an Co and its competitors.
Is Bank of Xi'an Co's Cyclically Adjusted Revenue per Share too high?
Bank of Xi'an Co's current Cyclically Adjusted Revenue per Share is ¥1.69. Overall, Bank of Xi'an Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Xi'an Co's Cyclically Adjusted Revenue per Share compare to competitors?
Bank of Xi'an Co's Cyclically Adjusted Revenue per Share of ¥1.69 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 Bank of Xi'an Co and its competitors. Bank of Xi'an Co's current Cyclically Adjusted Revenue per Share is ¥1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Xi'an Co stock overvalued right now?
Based on GuruFocus' analysis, Bank of Xi'an Co (SHSE:600928) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥5.47, compared to a current price of ¥3.51 — trading 35.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥1.69. Bank of Xi'an Co's overall GF Score™ is 68/100 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 Bank of Xi'an Co (SHSE:600928), the current Cyclically Adjusted Revenue per Share is ¥1.69 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 Bank of Xi'an Co (SHSE:600928) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Xi'an Co stock appears to be undervalued. The current stock price of ¥3.51 is trading 35.8% below its estimated GF Value™ of ¥5.47. GuruFocus considers Bank of Xi'an Co to be Significantly Undervalued.

Key valuation signals for SHSE:600928:

  • Cyclically Adjusted Revenue per Share: ¥1.69
  • GF Value™: ¥5.47 vs. price of ¥3.51 (35.8% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of Xi'an Co Business Description

Address No. 60, Gaoxin Road, Shaanxi Province, Xi’an, CHN, 710075
Bank of Xi'an Co Ltd is a regional joint-stock commercial bank with equity-based and market-oriented characteristics, which is invested by the state-owned platform companies, large foreign-funded banks and large domestic enterprises.
68GF Score

Get the complete analysis for SHSE:600928

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

¥3.51
Price
¥5.47
GF Value