Ningbo Energy Group Co (SHSE:600982) Cyclically Adjusted Revenue per Share: ¥4.24 (As of Mar. 2026)

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SHSE:600982 Ningbo Energy Group Co Ltd SHSE:600982
53 GF Score
Price ¥5.08
GF Value ¥3.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ningbo Energy Group Co Cyclically Adjusted Revenue per Share?

Ningbo Energy Group Co SHSE:600982 +1.80% 53 Cyclically Adjusted Revenue per Share is ¥4.24 as of Mar. 2026. GuruFocus rates SHSE:600982 with a GF Score™ of 53/100 and a GF Value™ of ¥3.40 (Significantly Overvalued). The stock has 6 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.

Ningbo Energy Group Co's adjusted revenue per share for the three months ended in Mar. 2026 was ¥0.871. 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 ¥4.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ningbo Energy Group Co's average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% 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 Ningbo Energy Group Co was 13.50% per year. The lowest was 0.00% per year. And the median was 5.90% per year.

As of today (2026-07-31), Ningbo Energy Group Co's current stock price is ¥5.08. Ningbo Energy Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥4.24. Ningbo Energy Group Co's Cyclically Adjusted PS Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ningbo Energy Group Co was 2.62. The lowest was 0.84. And the median was 1.26.


Ningbo Energy Group Co  (SHSE:600982) 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.

Ningbo Energy Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.08/4.24
=1.20

* 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 Ningbo Energy Group Co was 2.62. The lowest was 0.84. And the median was 1.26.


Be Aware

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


Ningbo Energy Group Co Cyclically Adjusted Revenue per Share Related Terms


Ningbo Energy Group Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ningbo Energy Group 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.

Ningbo Energy Group Co Cyclically Adjusted Revenue per Share Chart

Ningbo Energy Group 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 3.10 3.61 3.79 3.95 4.15

Ningbo Energy Group 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 4.01 4.05 4.07 4.15 4.24

SHSE:600982 vs NEE, SO, DUK: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Electric subindustry, Ningbo Energy Group 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.


Ningbo Energy Group Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ningbo Energy Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Energy Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600982
53GF Score
Ningbo Energy Group Co Ltd SHSE:600982
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Energy Group 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, Ningbo Energy Group 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)
=0.871/116.3033*116.3033
=0.871

Current CPI (Mar. 2026) = 116.3033.

Ningbo Energy Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.523 101.400 0.600
201609 0.379 102.400 0.430
201612 0.542 102.600 0.614
201703 0.602 103.200 0.678
201706 0.400 103.100 0.451
201709 0.721 104.100 0.806
201712 0.363 104.500 0.404
201803 0.539 105.300 0.595
201806 0.586 104.900 0.650
201809 0.608 106.600 0.663
201812 0.868 106.500 0.948
201903 0.910 107.700 0.983
201906 0.614 107.700 0.663
201909 0.865 109.800 0.916
201912 0.874 111.200 0.914
202003 0.569 112.300 0.589
202006 0.555 110.400 0.585
202009 2.013 111.700 2.096
202012 1.796 111.500 1.873
202103 1.178 112.662 1.216
202106 1.409 111.769 1.466
202109 1.447 112.215 1.500
202112 2.253 113.108 2.317
202203 1.772 114.335 1.803
202206 2.380 114.558 2.416
202209 1.662 115.339 1.676
202212 1.646 115.116 1.663
202303 1.553 115.116 1.569
202306 1.433 114.558 1.455
202309 1.343 115.339 1.354
202312 0.492 114.781 0.499
202403 1.000 115.227 1.009
202406 0.884 114.781 0.896
202409 0.874 115.785 0.878
202412 1.033 114.893 1.046
202503 0.851 115.116 0.860
202506 0.773 114.907 0.782
202509 0.706 115.471 0.711
202512 0.910 115.832 0.914
202603 0.871 116.303 0.871

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 ¥4.24 mean?
Ningbo Energy Group Co (SHSE:600982) has a Cyclically Adjusted Revenue per Share of ¥4.24 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 Ningbo Energy Group Co and its competitors.
Is Ningbo Energy Group Co's Cyclically Adjusted Revenue per Share too high?
Ningbo Energy Group Co's current Cyclically Adjusted Revenue per Share is ¥4.24. Overall, Ningbo Energy Group Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Energy Group Co's Cyclically Adjusted Revenue per Share compare to NEE and SO?
Ningbo Energy Group Co's Cyclically Adjusted Revenue per Share of ¥4.24 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated 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 Ningbo Energy Group Co and its competitors. Ningbo Energy Group Co's current Cyclically Adjusted Revenue per Share is ¥4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Energy Group Co (SHSE:600982) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.40, compared to a current price of ¥5.08 — trading 49.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥4.24. Ningbo Energy Group Co's overall GF Score™ is 53/100 with 6 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 Ningbo Energy Group Co (SHSE:600982), the current Cyclically Adjusted Revenue per Share is ¥4.24 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 Ningbo Energy Group Co (SHSE:600982) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Energy Group Co stock appears to be overvalued. The current stock price of ¥5.08 is trading 49.4% above its estimated GF Value™ of ¥3.40. GuruFocus considers Ningbo Energy Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600982:

  • Cyclically Adjusted Revenue per Share: ¥4.24
  • GF Value™: ¥3.40 vs. price of ¥5.08 (49.4% above fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Energy Group Co Business Description

Address Ningbo Economic and Technological Development Zone, Dagang Industrial City, Zhejiang Province, Ningbo, CHN, 315042
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.
53GF Score

Get the complete analysis for SHSE:600982

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

¥5.08
Price
¥3.40
GF Value