Vipshop Holdings (STU:1VPA) Cyclically Adjusted Revenue per Share: €20.59 (As of Mar. 2026)

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STU:1VPA Vipshop Holdings Ltd STU:1VPA
83 GF Score
Price €12.50
GF Value €15.19
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Vipshop Holdings Cyclically Adjusted Revenue per Share?

Vipshop Holdings STU:1VPA -3.85% 83 Cyclically Adjusted Revenue per Share is €20.59 as of Mar. 2026. GuruFocus rates STU:1VPA with a GF Score™ of 83/100 and a GF Value™ of €15.19 (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.

Vipshop Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was €6.769. 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 €20.59 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vipshop Holdings's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.40% 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 Vipshop Holdings was 18.00% per year. The lowest was 11.10% per year. And the median was 13.90% per year.

As of today (2026-08-13), Vipshop Holdings's current stock price is €12.50. Vipshop Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €20.59. Vipshop Holdings's Cyclically Adjusted PS Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vipshop Holdings was 3.83. The lowest was 0.42. And the median was 0.79.


Vipshop Holdings  (STU:1VPA) 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.

Vipshop Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.50/20.59
=0.61

* 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 Vipshop Holdings was 3.83. The lowest was 0.42. And the median was 0.79.


Be Aware

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


Vipshop Holdings Cyclically Adjusted Revenue per Share Related Terms


Vipshop Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Vipshop Holdings'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.

Vipshop Holdings Cyclically Adjusted Revenue per Share Chart

Vipshop Holdings 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 11.49 16.04 17.57 20.19 21.47

Vipshop Holdings 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 20.53 18.78 18.75 21.47 20.59

STU:1VPA vs GLBE, ETSY, CHWY: Cyclically Adjusted Revenue per Share Comparison

For the Internet Retail subindustry, Vipshop Holdings'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.


Vipshop Holdings Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:1VPA
83GF Score
Vipshop Holdings Ltd STU:1VPA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vipshop Holdings 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, Vipshop Holdings'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)
=6.769/116.3033*116.3033
=6.769

Current CPI (Mar. 2026) = 116.3033.

Vipshop Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.915 101.400 3.343
201609 2.701 102.400 3.068
201612 3.832 102.600 4.344
201703 3.460 103.200 3.899
201706 3.639 103.100 4.105
201709 3.116 104.100 3.481
201712 4.894 104.500 5.447
201803 3.631 105.300 4.010
201806 3.915 104.900 4.341
201809 3.334 106.600 3.637
201812 4.567 106.500 4.987
201903 4.036 107.700 4.358
201906 4.334 107.700 4.680
201909 3.707 109.800 3.927
201912 5.560 111.200 5.815
202003 3.539 112.300 3.665
202006 4.403 110.400 4.638
202009 4.183 111.700 4.355
202012 6.436 111.500 6.713
202103 5.166 112.662 5.333
202106 5.454 111.769 5.675
202109 4.797 112.215 4.972
202112 6.970 113.108 7.167
202203 5.311 114.335 5.402
202206 5.336 114.558 5.417
202209 4.986 115.339 5.028
202212 7.053 115.116 7.126
202303 6.347 115.116 6.412
202306 6.427 114.558 6.525
202309 5.294 115.339 5.338
202312 8.063 114.781 8.170
202403 6.369 115.227 6.428
202406 6.216 114.781 6.298
202409 4.966 115.785 4.988
202412 8.383 114.893 8.486
202503 6.426 115.116 6.492
202506 6.089 114.907 6.163
202509 5.066 115.471 5.102
202512 7.731 115.832 7.762
202603 6.769 116.303 6.769

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 €20.59 mean?
Vipshop Holdings (STU:1VPA) has a Cyclically Adjusted Revenue per Share of €20.59 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 Vipshop Holdings and its competitors.
Is Vipshop Holdings' Cyclically Adjusted Revenue per Share too high?
Vipshop Holdings' current Cyclically Adjusted Revenue per Share is €20.59. Overall, Vipshop Holdings has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vipshop Holdings' Cyclically Adjusted Revenue per Share compare to GLBE and ETSY?
Vipshop Holdings' Cyclically Adjusted Revenue per Share of €20.59 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 Vipshop Holdings and its competitors. Vipshop Holdings's current Cyclically Adjusted Revenue per Share is €20.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipshop Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vipshop Holdings (STU:1VPA) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.19, compared to a current price of €12.50 — trading 17.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €20.59. Vipshop Holdings' overall GF Score™ is 83/100 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 Vipshop Holdings (STU:1VPA), the current Cyclically Adjusted Revenue per Share is €20.59 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 Vipshop Holdings (STU:1VPA) Overvalued in 2026?

Based on GuruFocus' analysis, Vipshop Holdings stock appears to be undervalued. The current stock price of €12.50 is trading 17.7% below its estimated GF Value™ of €15.19. GuruFocus considers Vipshop Holdings to be Modestly Undervalued.

Key valuation signals for STU:1VPA:

  • Cyclically Adjusted Revenue per Share: €20.59
  • GF Value™: €15.19 vs. price of €12.50 (17.7% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the STU:1VPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vipshop Holdings Business Description

Address 128 Dingxin Road, Haizhu District, Guangdong Province, Guangzhou, CHN, 510220
Vipshop is a leading Chinese online discount retailer offering branded products at attractive discounts of 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurement, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with global brand partners. As of March 31, 2025, Eric Ya Shen, chair and CEO, had 64.5% voting rights. Leading Chinese social media firm and strategic shareholder Tencent also holds a 12.5% interest.
83GF Score

Get the complete analysis for STU:1VPA

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

€12.50
Price
€15.19
GF Value