Caitong Securities Co (SHSE:601108) Cyclically Adjusted Revenue per Share: ¥1.19 (As of Mar. 2026)

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SHSE:601108 Caitong Securities Co Ltd SHSE:601108
69 GF Score
Price ¥8.37
GF Value ¥10.06
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Caitong Securities Co Cyclically Adjusted Revenue per Share?

Caitong Securities Co SHSE:601108 -0.12% 69 Cyclically Adjusted Revenue per Share is ¥1.19 as of Mar. 2026. GuruFocus rates SHSE:601108 with a GF Score™ of 69/100 and a GF Value™ of ¥10.06 (Modestly 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.

Caitong Securities Co's adjusted revenue per share for the three months ended in Mar. 2026 was ¥0.315. 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 ¥1.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Caitong Securities Co's average Cyclically Adjusted Revenue Growth Rate was -14.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.70% 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.

As of today (2026-08-25), Caitong Securities Co's current stock price is ¥8.37. Caitong Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.19. Caitong Securities Co's Cyclically Adjusted PS Ratio of today is 7.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Caitong Securities Co was 7.94. The lowest was 4.19. And the median was 5.43.


Caitong Securities Co  (SHSE:601108) 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.

Caitong Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.37/1.19
=7.03

* 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 Caitong Securities Co was 7.94. The lowest was 4.19. And the median was 5.43.


Be Aware

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


Caitong Securities Co Cyclically Adjusted Revenue per Share Related Terms


Caitong Securities Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Caitong Securities 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.

Caitong Securities Co Cyclically Adjusted Revenue per Share Chart

Caitong Securities 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 1.53 1.52 1.52 1.43 1.22

Caitong Securities 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 1.39 1.33 1.28 1.22 1.19

SHSE:601108 vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Caitong Securities 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.


Caitong Securities Co Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Caitong Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Caitong Securities Co's Cyclically Adjusted PS Ratio falls into.


SHSE:601108
69GF Score
Caitong Securities Co Ltd SHSE:601108
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caitong Securities 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, Caitong Securities 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)
=0.315/116.3033*116.3033
=0.315

Current CPI (Mar. 2026) = 116.3033.

Caitong Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.698 101.400 0.801
201609 -0.345 102.400 -0.392
201612 0.176 102.600 0.200
201703 0.226 103.200 0.255
201706 0.330 103.100 0.372
201709 0.244 104.100 0.273
201712 0.215 104.500 0.239
201803 0.192 105.300 0.212
201806 0.226 104.900 0.251
201809 0.099 106.600 0.108
201812 0.210 106.500 0.229
201903 0.251 107.700 0.271
201906 0.252 107.700 0.272
201909 0.244 109.800 0.258
201912 0.411 111.200 0.430
202003 0.204 112.300 0.211
202006 0.469 110.400 0.494
202009 0.438 111.700 0.456
202012 0.433 111.500 0.452
202103 0.296 112.662 0.306
202106 0.372 111.769 0.387
202109 0.343 112.215 0.355
202112 0.402 113.108 0.413
202203 0.121 114.335 0.123
202206 0.313 114.558 0.318
202209 0.244 115.339 0.246
202212 0.229 115.116 0.231
202303 0.334 115.116 0.337
202306 0.317 114.558 0.322
202309 0.291 115.339 0.293
202312 0.276 114.781 0.280
202403 0.293 115.227 0.296
202406 0.310 114.781 0.314
202409 0.258 115.785 0.259
202412 0.338 114.893 0.342
202503 0.206 115.116 0.208
202506 0.386 114.907 0.391
202509 0.377 115.471 0.380
202512 0.373 115.832 0.375
202603 0.315 116.303 0.315

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 ¥1.19 mean?
Caitong Securities Co (SHSE:601108) has a Cyclically Adjusted Revenue per Share of ¥1.19 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 Caitong Securities Co and its competitors.
Is Caitong Securities Co's Cyclically Adjusted Revenue per Share too high?
Caitong Securities Co's current Cyclically Adjusted Revenue per Share is ¥1.19. Overall, Caitong Securities Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caitong Securities Co's Cyclically Adjusted Revenue per Share compare to BLK and BX?
Caitong Securities Co's Cyclically Adjusted Revenue per Share of ¥1.19 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 Caitong Securities Co and its competitors. Caitong Securities Co's current Cyclically Adjusted Revenue per Share is ¥1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caitong Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Caitong Securities Co (SHSE:601108) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.06, compared to a current price of ¥8.37 — trading 16.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥1.19. Caitong Securities Co's overall GF Score™ is 69/100 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 Caitong Securities Co (SHSE:601108), the current Cyclically Adjusted Revenue per Share is ¥1.19 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 Caitong Securities Co (SHSE:601108) Overvalued in 2026?

Based on GuruFocus' analysis, Caitong Securities Co stock appears to be undervalued. The current stock price of ¥8.37 is trading 16.8% below its estimated GF Value™ of ¥10.06. GuruFocus considers Caitong Securities Co to be Modestly Undervalued.

Key valuation signals for SHSE:601108:

  • Cyclically Adjusted Revenue per Share: ¥1.19
  • GF Value™: ¥10.06 vs. price of ¥8.37 (16.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the SHSE:601108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caitong Securities Co Business Description

Address No. 198, Tianmushan Road, West Tower, Caitong Shuangguan Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310011
Caitong Securities Co Ltd is an investment company. It is engaged in wealth management, asset management, an investment bank, futures business, fund business, private equity fund, and others. Geographically, the activities are carried out in China.
69GF Score

Get the complete analysis for SHSE:601108

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

¥8.37
Price
¥10.06
GF Value