Semiconductor Manufacturing International (SHSE:688981) Cyclically Adjusted Revenue per Share: ¥11.74 (As of Mar. 2026)


SHSE:688981 Semiconductor Manufacturing International Corp SHSE:688981
79 GF Score
Price ¥145.42
GF Value ¥75.47
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Semiconductor Manufacturing International Cyclically Adjusted Revenue per Share?

Semiconductor Manufacturing International SHSE:688981 +0.99% 79 Cyclically Adjusted Revenue per Share is ¥11.74 as of Mar. 2026. GuruFocus rates SHSE:688981 with a GF Score™ of 79/100 and a GF Value™ of ¥75.47 (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.

Semiconductor Manufacturing International's adjusted revenue per share for the three months ended in Mar. 2026 was ¥2.155. 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 ¥11.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Semiconductor Manufacturing International's average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% 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 Semiconductor Manufacturing International was 4.80% per year. The lowest was 4.80% per year. And the median was 4.80% per year.

As of today (2026-07-07), Semiconductor Manufacturing International's current stock price is ¥145.42. Semiconductor Manufacturing International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥11.74. Semiconductor Manufacturing International's Cyclically Adjusted PS Ratio of today is 12.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Semiconductor Manufacturing International was 15.05. The lowest was 2.60. And the median was 3.79.


Semiconductor Manufacturing International  (SHSE:688981) 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.

Semiconductor Manufacturing International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=145.42/11.74
=12.39

* 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 Semiconductor Manufacturing International was 15.05. The lowest was 2.60. And the median was 3.79.


Be Aware

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


Semiconductor Manufacturing International Cyclically Adjusted Revenue per Share Related Terms


Semiconductor Manufacturing International Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International Cyclically Adjusted Revenue per Share Chart

Semiconductor Manufacturing International 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 13.21 14.39 16.95 10.64

Semiconductor Manufacturing International 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 11.24 11.62 10.64 10.64 11.74

SHSE:688981 vs NVDA, AVGO, MU: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductors subindustry, Semiconductor Manufacturing International'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.


Semiconductor Manufacturing International Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Semiconductor Manufacturing International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Semiconductor Manufacturing International's Cyclically Adjusted PS Ratio falls into.


SHSE:688981
79GF Score
Semiconductor Manufacturing International Corp SHSE:688981
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semiconductor Manufacturing International 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, Semiconductor Manufacturing International'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)
=2.155/116.3033*116.3033
=2.155

Current CPI (Mar. 2026) = 116.3033.

Semiconductor Manufacturing International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.981 101.400 1.125
201609 1.028 102.400 1.168
201612 1.115 102.600 1.264
201703 1.080 103.200 1.217
201706 1.092 103.100 1.232
201709 1.078 104.100 1.204
201712 1.006 104.500 1.120
201803 1.058 105.300 1.169
201806 1.078 104.900 1.195
201809 1.157 106.600 1.262
201812 1.072 106.500 1.171
201903 0.887 107.700 0.958
201906 1.077 107.700 1.163
201909 1.004 109.800 1.063
201912 1.017 111.200 1.064
202003 1.065 112.300 1.103
202006 1.107 110.400 1.166
202009 0.933 111.700 0.971
202012 0.771 111.500 0.804
202103 0.907 112.662 0.936
202106 1.090 111.769 1.134
202109 1.150 112.215 1.192
202112 1.267 113.108 1.303
202203 1.471 114.335 1.496
202206 1.606 114.558 1.630
202209 1.690 115.339 1.704
202212 1.420 115.116 1.435
202303 1.269 115.116 1.282
202306 1.404 114.558 1.425
202309 1.486 115.339 1.498
202312 1.498 114.781 1.518
202403 1.583 115.227 1.598
202406 1.729 114.781 1.752
202409 1.925 115.785 1.934
202412 2.009 114.893 2.034
202503 2.035 115.116 2.056
202506 1.981 114.907 2.005
202509 2.118 115.471 2.133
202512 2.189 115.832 2.198
202603 2.155 116.303 2.155

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 ¥11.74 mean?
Semiconductor Manufacturing International (SHSE:688981) has a Cyclically Adjusted Revenue per Share of ¥11.74 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 Semiconductor Manufacturing International and its competitors.
Is Semiconductor Manufacturing International's Cyclically Adjusted Revenue per Share too high?
Semiconductor Manufacturing International's current Cyclically Adjusted Revenue per Share is ¥11.74. Overall, Semiconductor Manufacturing International has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semiconductor Manufacturing International's Cyclically Adjusted Revenue per Share compare to NVDA and AVGO?
Semiconductor Manufacturing International's Cyclically Adjusted Revenue per Share of ¥11.74 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors 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 Semiconductor Manufacturing International and its competitors. Semiconductor Manufacturing International's current Cyclically Adjusted Revenue per Share is ¥11.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semiconductor Manufacturing International stock overvalued right now?
Based on GuruFocus' analysis, Semiconductor Manufacturing International (SHSE:688981) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥75.47, compared to a current price of ¥145.42 — trading 92.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥11.74. Semiconductor Manufacturing International's overall GF Score™ is 79/100 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 Semiconductor Manufacturing International (SHSE:688981), the current Cyclically Adjusted Revenue per Share is ¥11.74 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 Semiconductor Manufacturing International (SHSE:688981) Overvalued in 2026?

Based on GuruFocus' analysis, Semiconductor Manufacturing International stock appears to be overvalued. The current stock price of ¥145.42 is trading 92.7% above its estimated GF Value™ of ¥75.47. GuruFocus considers Semiconductor Manufacturing International to be Significantly Overvalued.

Key valuation signals for SHSE:688981:

  • Cyclically Adjusted Revenue per Share: ¥11.74
  • GF Value™: ¥75.47 vs. price of ¥145.42 (92.7% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Semiconductor Manufacturing International Business Description

Address No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corporation is the largest foundry in China and the third-largest globally after TSMC and Samsung Electronics, overtaking GlobalFoundries and United Microelectronics in 2024. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen, and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs 19,952 people as of Dec. 31, 2025.
79GF Score

Get the complete analysis for SHSE:688981

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

¥145.42
Price
¥75.47
GF Value