Duolun Technology (SHSE:603528) Cyclically Adjusted Revenue per Share: ¥0.98 (As of Mar. 2026)

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SHSE:603528 Duolun Technology Corp Ltd SHSE:603528
55 GF Score
Price ¥6.20
GF Value ¥7.92
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Duolun Technology Cyclically Adjusted Revenue per Share?

Duolun Technology SHSE:603528 +1.64% 55 Cyclically Adjusted Revenue per Share is ¥0.98 as of Mar. 2026. GuruFocus rates SHSE:603528 with a GF Score™ of 55/100 and a GF Value™ of ¥7.92 (Modestly Undervalued). The stock has 2 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.

Duolun Technology's adjusted revenue per share for the three months ended in Mar. 2026 was ¥0.111. 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 ¥0.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Duolun Technology's average Cyclically Adjusted Revenue Growth Rate was -18.30% 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.

As of today (2026-08-20), Duolun Technology's current stock price is ¥6.20. Duolun Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥0.98. Duolun Technology's Cyclically Adjusted PS Ratio of today is 6.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Duolun Technology was 10.67. The lowest was 3.63. And the median was 6.60.


Duolun Technology  (SHSE:603528) 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.

Duolun Technology's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.20/0.98
=6.33

* 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 Duolun Technology was 10.67. The lowest was 3.63. And the median was 6.60.


Be Aware

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


Duolun Technology Cyclically Adjusted Revenue per Share Related Terms


Duolun Technology Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Duolun Technology'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.

Duolun Technology Cyclically Adjusted Revenue per Share Chart

Duolun Technology 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 0.00 1.31 1.26 1.05

Duolun Technology 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 1.20 1.14 1.10 1.05 0.98

SHSE:603528 vs QH, SHOP, UBER: Cyclically Adjusted Revenue per Share Comparison

For the Software - Application subindustry, Duolun Technology'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.


Duolun Technology Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Duolun Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Duolun Technology's Cyclically Adjusted PS Ratio falls into.


SHSE:603528
55GF Score
Duolun Technology Corp Ltd SHSE:603528
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Duolun Technology 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, Duolun Technology'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)
=0.111/116.3033*116.3033
=0.111

Current CPI (Mar. 2026) = 116.3033.

Duolun Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.210 101.400 0.241
201609 0.309 102.400 0.351
201612 0.329 102.600 0.373
201703 0.187 103.200 0.211
201706 0.241 103.100 0.272
201709 0.195 104.100 0.218
201712 0.198 104.500 0.220
201803 0.223 105.300 0.246
201806 0.226 104.900 0.251
201809 0.220 106.600 0.240
201812 0.215 106.500 0.235
201903 0.257 107.700 0.278
201906 0.237 107.700 0.256
201909 0.223 109.800 0.236
201912 0.402 111.200 0.420
202003 0.055 112.300 0.057
202006 0.277 110.400 0.292
202009 0.287 111.700 0.299
202012 0.402 111.500 0.419
202103 0.373 112.662 0.385
202106 0.331 111.769 0.344
202109 0.221 112.215 0.229
202112 0.219 113.108 0.225
202203 0.262 114.335 0.267
202206 0.280 114.558 0.284
202209 0.330 115.339 0.333
202212 0.314 115.116 0.317
202303 0.247 115.116 0.250
202306 0.217 114.558 0.220
202309 0.219 115.339 0.221
202312 0.169 114.781 0.171
202403 0.237 115.227 0.239
202406 0.205 114.781 0.208
202409 0.157 115.785 0.158
202412 0.144 114.893 0.146
202503 0.149 115.116 0.151
202506 0.136 114.907 0.138
202509 0.162 115.471 0.163
202512 0.145 115.832 0.146
202603 0.111 116.303 0.111

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 ¥0.98 mean?
Duolun Technology (SHSE:603528) has a Cyclically Adjusted Revenue per Share of ¥0.98 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 Duolun Technology and its competitors.
Is Duolun Technology's Cyclically Adjusted Revenue per Share too high?
Duolun Technology's current Cyclically Adjusted Revenue per Share is ¥0.98. Overall, Duolun Technology has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Duolun Technology's Cyclically Adjusted Revenue per Share compare to QH and SHOP?
Duolun Technology's Cyclically Adjusted Revenue per Share of ¥0.98 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 Duolun Technology and its competitors. Duolun Technology's current Cyclically Adjusted Revenue per Share is ¥0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duolun Technology stock overvalued right now?
Based on GuruFocus' analysis, Duolun Technology (SHSE:603528) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.92, compared to a current price of ¥6.20 — trading 21.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥0.98. Duolun Technology's overall GF Score™ is 55/100 with 2 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 Duolun Technology (SHSE:603528), the current Cyclically Adjusted Revenue per Share is ¥0.98 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 Duolun Technology (SHSE:603528) Overvalued in 2026?

Based on GuruFocus' analysis, Duolun Technology stock appears to be undervalued. The current stock price of ¥6.20 is trading 21.7% below its estimated GF Value™ of ¥7.92. GuruFocus considers Duolun Technology to be Modestly Undervalued.

Key valuation signals for SHSE:603528:

  • Cyclically Adjusted Revenue per Share: ¥0.98
  • GF Value™: ¥7.92 vs. price of ¥6.20 (21.7% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Duolun Technology Business Description

Address 1555 Tianyin Avenue, Jiangning District, Nanjing, CHN, 211112
Duolun Technology Corp Ltd develops motor vehicle driving training and examination system, vehicle driving simulation training systems, intelligent traffic management application platform, traffic signal control systems and electronic police systems.
55GF Score

Get the complete analysis for SHSE:603528

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

¥6.20
Price
¥7.92
GF Value