CSD Water Service Co (SHSE:603903) Cyclically Adjusted Revenue per Share: ¥5.63 (As of Jun. 2026)

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SHSE:603903 CSD Water Service Co Ltd SHSE:603903
53 GF Score
Price ¥14.10
GF Value ¥5.81
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is CSD Water Service Co Cyclically Adjusted Revenue per Share?

CSD Water Service Co SHSE:603903 +0.64% 53 Cyclically Adjusted Revenue per Share is ¥5.63 as of Jun. 2026. GuruFocus rates SHSE:603903 with a GF Score™ of 53/100 and a GF Value™ of ¥5.81 (Significantly Overvalued). The stock has 8 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.

CSD Water Service Co's adjusted revenue per share for the three months ended in Jun. 2026 was ¥0.744. 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 ¥5.63 for the trailing ten years ended in Jun. 2026.

During the past 12 months, CSD Water Service Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 (2026-09-03), CSD Water Service Co's current stock price is ¥14.10. CSD Water Service Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥5.63. CSD Water Service Co's Cyclically Adjusted PS Ratio of today is 2.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CSD Water Service Co was 3.11. The lowest was 1.07. And the median was 2.05.


CSD Water Service Co  (SHSE:603903) 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.

CSD Water Service Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.10/5.63
=2.50

* 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 CSD Water Service Co was 3.11. The lowest was 1.07. And the median was 2.05.


Be Aware

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


CSD Water Service Co Cyclically Adjusted Revenue per Share Related Terms


CSD Water Service Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CSD Water Service 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.

CSD Water Service Co Cyclically Adjusted Revenue per Share Chart

CSD Water Service 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 0.00 0.00 5.69 5.58

CSD Water Service Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.59 5.58 5.58 5.66 5.63

SHSE:603903 vs WM, RSG, WCN: Cyclically Adjusted Revenue per Share Comparison

For the Waste Management subindustry, CSD Water Service 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.


CSD Water Service Co Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, CSD Water Service Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CSD Water Service Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603903
53GF Score
CSD Water Service Co Ltd SHSE:603903
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSD Water Service 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, CSD Water Service Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.744/116.0564*116.0564
=0.744

Current CPI (Jun. 2026) = 116.0564.

CSD Water Service Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.583 102.400 0.661
201612 1.040 102.600 1.176
201703 0.504 103.200 0.567
201706 0.563 103.100 0.634
201709 0.612 104.100 0.682
201712 1.161 104.500 1.289
201803 0.429 105.300 0.473
201806 3.075 104.900 3.402
201809 1.083 106.600 1.179
201812 1.722 106.500 1.877
201903 1.056 107.700 1.138
201906 1.151 107.700 1.240
201909 1.226 109.800 1.296
201912 3.061 111.200 3.195
202003 0.880 112.300 0.909
202006 1.566 110.400 1.646
202009 1.945 111.700 2.021
202012 3.666 111.500 3.816
202103 0.990 112.662 1.020
202106 1.496 111.769 1.553
202109 1.384 112.215 1.431
202112 3.312 113.108 3.398
202203 0.806 114.335 0.818
202206 1.416 114.558 1.435
202209 1.195 115.339 1.202
202212 2.353 115.116 2.372
202303 0.618 115.116 0.623
202306 2.030 114.558 2.057
202309 1.001 115.339 1.007
202312 2.867 114.781 2.899
202403 0.769 115.227 0.775
202406 0.932 114.781 0.942
202409 0.832 115.785 0.834
202412 1.271 114.893 1.284
202503 0.499 115.116 0.503
202506 1.341 114.907 1.354
202509 0.996 115.471 1.001
202512 1.293 115.832 1.296
202603 0.563 116.303 0.562
202606 0.744 116.056 0.744

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 ¥5.63 mean?
CSD Water Service Co (SHSE:603903) has a Cyclically Adjusted Revenue per Share of ¥5.63 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CSD Water Service Co and its competitors.
Is CSD Water Service Co's Cyclically Adjusted Revenue per Share too high?
CSD Water Service Co's current Cyclically Adjusted Revenue per Share is ¥5.63. Overall, CSD Water Service 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 CSD Water Service Co's Cyclically Adjusted Revenue per Share compare to WM and RSG?
CSD Water Service Co's Cyclically Adjusted Revenue per Share of ¥5.63 can be compared against companies in the Waste 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 a Waste Management company?
A good Cyclically Adjusted Revenue per Share depends on the Waste 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 CSD Water Service Co and its competitors. CSD Water Service Co's current Cyclically Adjusted Revenue per Share is ¥5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSD Water Service Co stock overvalued right now?
Based on GuruFocus' analysis, CSD Water Service Co (SHSE:603903) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.81, compared to a current price of ¥14.10 — trading 142.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥5.63. CSD Water Service Co's overall GF Score™ is 53/100 with 8 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 CSD Water Service Co (SHSE:603903), the current Cyclically Adjusted Revenue per Share is ¥5.63 as of Jun. 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 CSD Water Service Co (SHSE:603903) Overvalued in 2026?

Based on GuruFocus' analysis, CSD Water Service Co stock appears to be overvalued. The current stock price of ¥14.10 is trading 142.7% above its estimated GF Value™ of ¥5.81. GuruFocus considers CSD Water Service Co to be Significantly Overvalued.

Key valuation signals for SHSE:603903:

  • Cyclically Adjusted Revenue per Share: ¥5.63
  • GF Value™: ¥5.81 vs. price of ¥14.10 (142.7% above fair value)
  • GF Score™: 53/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSD Water Service Co Business Description

Address No. 66 Xixiaokou Road, Zhongguancun, Room 402, 4th Floor, Building 2, D District, Dongsheng Science and Technology Park, Haidian District, Beijing, CHN, 100192
CSD Water Service Co Ltd is engaged in wastewater treatment operations, sewage and sludge treatment EPC, technology product sales and other comprehensive services.
53GF Score

Get the complete analysis for SHSE:603903

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

¥14.10
Price
¥5.81
GF Value