New China Life Insurance Co (STU:NCL) Cyclically Adjusted Revenue per Share: €4.07 (As of Mar. 2026)

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STU:NCL New China Life Insurance Co Ltd STU:NCL
65 GF Score
Price €5.35
GF Value €3.68
Valuation Significantly Overvalued
! 2 Warning Signs
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What is New China Life Insurance Co Cyclically Adjusted Revenue per Share?

New China Life Insurance Co STU:NCL +2.88% 65 Cyclically Adjusted Revenue per Share is €4.07 as of Mar. 2026. GuruFocus rates STU:NCL with a GF Score™ of 65/100 and a GF Value™ of €3.68 (Significantly Overvalued). 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.

New China Life Insurance Co's adjusted revenue per share for the three months ended in Mar. 2026 was €0.828. 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 €4.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, New China Life Insurance Co's average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% 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 New China Life Insurance Co was -1.30% per year. The lowest was -2.80% per year. And the median was -2.50% per year.

As of today (2026-07-22), New China Life Insurance Co's current stock price is €5.35. New China Life Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.07. New China Life Insurance Co's Cyclically Adjusted PS Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of New China Life Insurance Co was 1.64. The lowest was 0.43. And the median was 0.79.


New China Life Insurance Co  (STU:NCL) 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.

New China Life Insurance Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.35/4.07
=1.31

* 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 New China Life Insurance Co was 1.64. The lowest was 0.43. 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.


New China Life Insurance Co Cyclically Adjusted Revenue per Share Related Terms


New China Life Insurance Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for New China Life Insurance 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.

New China Life Insurance Co Cyclically Adjusted Revenue per Share Chart

New China Life Insurance 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 3.28 4.15 2.86 2.99 4.22

New China Life Insurance Co 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 3.32 3.85 4.09 4.22 4.07

STU:NCL vs AFL, MET, PRU: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Life subindustry, New China Life Insurance 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.


New China Life Insurance Co Cyclically Adjusted PS Ratio vs Insurance Industry

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

* The bar in red indicates where New China Life Insurance Co's Cyclically Adjusted PS Ratio falls into.


STU:NCL
65GF Score
New China Life Insurance Co Ltd STU:NCL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New China Life Insurance 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, New China Life Insurance Co'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)
=0.828/116.3033*116.3033
=0.828

Current CPI (Mar. 2026) = 116.3033.

New China Life Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.393 101.400 1.598
201609 1.283 102.400 1.457
201612 1.238 102.600 1.403
201703 1.942 103.200 2.189
201706 1.361 103.100 1.535
201709 1.581 104.100 1.766
201712 1.167 104.500 1.299
201803 1.904 105.300 2.103
201806 1.581 104.900 1.753
201809 1.599 106.600 1.745
201812 1.244 106.500 1.359
201903 2.097 107.700 2.265
201906 1.663 107.700 1.796
201909 1.746 109.800 1.849
201912 1.707 111.200 1.785
202003 2.823 112.300 2.924
202006 2.009 110.400 2.116
202009 2.050 111.700 2.134
202012 1.481 111.500 1.545
202103 3.366 112.662 3.475
202106 2.086 111.769 2.171
202109 2.191 112.215 2.271
202112 1.703 113.108 1.751
202203 1.120 114.335 1.139
202206 1.191 114.558 1.209
202209 1.116 115.339 1.125
202212 1.387 115.116 1.401
202303 1.249 115.116 1.262
202306 0.803 114.558 0.815
202309 0.512 115.339 0.516
202312 0.390 114.781 0.395
202403 1.050 115.227 1.060
202406 1.166 114.781 1.181
202409 2.057 115.785 2.066
202412 1.030 114.893 1.043
202503 1.323 115.116 1.337
202506 1.358 114.907 1.374
202509 2.514 115.471 2.532
202512 0.738 115.832 0.741
202603 0.828 116.303 0.828

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 €4.07 mean?
New China Life Insurance Co (STU:NCL) has a Cyclically Adjusted Revenue per Share of €4.07 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 New China Life Insurance Co and its competitors.
Is New China Life Insurance Co's Cyclically Adjusted Revenue per Share too high?
New China Life Insurance Co's current Cyclically Adjusted Revenue per Share is €4.07. Overall, New China Life Insurance Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New China Life Insurance Co's Cyclically Adjusted Revenue per Share compare to AFL and MET?
New China Life Insurance Co's Cyclically Adjusted Revenue per Share of €4.07 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance 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 New China Life Insurance Co and its competitors. New China Life Insurance Co's current Cyclically Adjusted Revenue per Share is €4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New China Life Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, New China Life Insurance Co (STU:NCL) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.68, compared to a current price of €5.35 — trading 45.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.07. New China Life Insurance Co's overall GF Score™ is 65/100 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 New China Life Insurance Co (STU:NCL), the current Cyclically Adjusted Revenue per Share is €4.07 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 New China Life Insurance Co (STU:NCL) Overvalued in 2026?

Based on GuruFocus' analysis, New China Life Insurance Co stock appears to be overvalued. The current stock price of €5.35 is trading 45.4% above its estimated GF Value™ of €3.68. GuruFocus considers New China Life Insurance Co to be Significantly Overvalued.

Key valuation signals for STU:NCL:

  • Cyclically Adjusted Revenue per Share: €4.07
  • GF Value™: €3.68 vs. price of €5.35 (45.4% above fair value)
  • GF Score™: 65/100 with 2 warning signs

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


New China Life Insurance Co Business Description

Address A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022
New China Life Insurance Co Ltd is headquartered in Beijing and was established in 1996 by a combination of state-owned enterprises and private firms. It is currently the fourth-largest life insurer in China based on total assets. New China Life offers a wide range of life insurance products and services to both individual and institutional customers through its extensive distribution networks and diverse marketing channels. Additionally, it manages and invests insurance funds through its subsidiaries, including its Asset Management Company and Asset Management Company (Hong Kong).
65GF Score

Get the complete analysis for STU:NCL

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

€5.35
Price
€3.68
GF Value