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China Pacific Insurance (Group) Co (SHSE:601601) Cyclically Adjusted Revenue per Share : ¥38.19 (As of Mar. 2024)


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What is China Pacific Insurance (Group) Co Cyclically Adjusted Revenue per Share?

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.

China Pacific Insurance (Group) Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥9.915. 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 ¥38.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Pacific Insurance (Group) Co's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% 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 China Pacific Insurance (Group) Co was 12.20% per year. The lowest was 4.90% per year. And the median was 10.20% per year.

As of today (2024-05-15), China Pacific Insurance (Group) Co's current stock price is ¥27.30. China Pacific Insurance (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥38.19. China Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Pacific Insurance (Group) Co was 2.06. The lowest was 0.48. And the median was 1.13.


China Pacific Insurance (Group) Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Pacific Insurance (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.

* Premium members only.

China Pacific Insurance (Group) Co Cyclically Adjusted Revenue per Share Chart

China Pacific Insurance (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.40 32.90 35.71 37.31 38.01

China Pacific Insurance (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.58 37.59 38.09 38.01 38.19

Competitive Comparison of China Pacific Insurance (Group) Co's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, China Pacific Insurance (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.


China Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio falls into.



China Pacific Insurance (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, China Pacific Insurance (Group) Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.915/114.6694*114.6694
=9.915

Current CPI (Mar. 2024) = 114.6694.

China Pacific Insurance (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.700 98.200 6.656
201409 5.611 98.900 6.506
201412 5.961 99.000 6.904
201503 8.123 99.900 9.324
201506 6.755 99.500 7.785
201509 6.444 100.500 7.353
201512 5.982 100.600 6.819
201603 9.106 102.200 10.217
201606 6.881 101.400 7.781
201609 7.654 102.400 8.571
201612 6.002 102.600 6.708
201703 11.925 103.200 13.250
201706 7.692 103.100 8.555
201709 9.026 104.100 9.942
201712 6.655 104.500 7.303
201803 13.591 105.300 14.800
201806 8.917 104.900 9.747
201809 9.341 106.600 10.048
201812 7.182 106.500 7.733
201903 14.558 107.700 15.500
201906 9.740 107.700 10.370
201909 9.973 109.800 10.415
201912 8.156 111.200 8.410
202003 15.303 112.300 15.626
202006 10.656 110.400 11.068
202009 11.008 111.700 11.301
202012 8.360 111.500 8.598
202103 15.746 112.662 16.027
202106 10.508 111.769 10.781
202109 10.223 112.215 10.447
202112 9.264 113.108 9.392
202203 8.216 114.335 8.240
202206 8.908 114.558 8.917
202209 9.187 115.339 9.134
202212 8.203 115.116 8.171
202303 9.776 115.116 9.738
202306 8.469 114.558 8.477
202309 8.405 115.339 8.356
202312 7.036 114.669 7.036
202403 9.915 114.669 9.915

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


China Pacific Insurance (Group) Co  (SHSE:601601) 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.

China Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.30/38.19
=0.71

* 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 China Pacific Insurance (Group) Co was 2.06. The lowest was 0.48. And the median was 1.13.


Be Aware

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


China Pacific Insurance (Group) Co Cyclically Adjusted Revenue per Share Related Terms

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China Pacific Insurance (Group) Co (SHSE:601601) Business Description

Traded in Other Exchanges
Address
1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010
China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.

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