TSGTF (Tsingtao Brewery Co) Cyclically Adjusted Revenue per Share: $2.18 (As of Mar. 2026)

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TSGTF Tsingtao Brewery Co Ltd TSGTF
77 GF Score
Price $5.85
GF Value $7.25
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Tsingtao Brewery Co Cyclically Adjusted Revenue per Share?

Tsingtao Brewery Co TSGTF 77 Cyclically Adjusted Revenue per Share is $2.18 as of Mar. 2026. GuruFocus rates TSGTF with a GF Score™ of 77/100 and a GF Value™ of $7.25 (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.

Tsingtao Brewery Co's adjusted revenue per share for the three months ended in Mar. 2026 was $1.094. 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 $2.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tsingtao Brewery Co's average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.50% 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 Tsingtao Brewery Co was 10.80% per year. The lowest was 0.00% per year. And the median was 6.50% per year.

As of today (2026-07-31), Tsingtao Brewery Co's current stock price is $5.85. Tsingtao Brewery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.18. Tsingtao Brewery Co's Cyclically Adjusted PS Ratio of today is 2.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tsingtao Brewery Co was 5.30. The lowest was 1.46. And the median was 2.99.


Tsingtao Brewery Co  (OTCPK:TSGTF) 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.

Tsingtao Brewery Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.85/2.18
=2.68

* 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 Tsingtao Brewery Co was 5.30. The lowest was 1.46. And the median was 2.99.


Be Aware

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


Tsingtao Brewery Co Cyclically Adjusted Revenue per Share Related Terms


Tsingtao Brewery Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Tsingtao Brewery 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.

Tsingtao Brewery Co Cyclically Adjusted Revenue per Share Chart

Tsingtao Brewery 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 2.16 2.11 1.99 1.90 2.34

Tsingtao Brewery 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 2.08 2.13 2.28 2.34 2.18

TSGTF vs STZ: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Brewers subindustry, Tsingtao Brewery 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.


Tsingtao Brewery Co Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tsingtao Brewery Co's Cyclically Adjusted PS Ratio falls into.


TSGTF
77GF Score
Tsingtao Brewery Co Ltd TSGTF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsingtao Brewery 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, Tsingtao Brewery 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)
=1.094/116.3033*116.3033
=1.094

Current CPI (Mar. 2026) = 116.3033.

Tsingtao Brewery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.883 101.400 1.013
201609 0.920 102.400 1.045
201612 0.328 102.600 0.372
201703 0.756 103.200 0.852
201706 0.872 103.100 0.984
201709 0.938 104.100 1.048
201712 0.325 104.500 0.362
201803 0.837 105.300 0.924
201806 0.917 104.900 1.017
201809 0.916 106.600 0.999
201812 0.316 106.500 0.345
201903 0.877 107.700 0.947
201906 0.923 107.700 0.997
201909 0.868 109.800 0.919
201912 0.326 111.200 0.341
202003 0.664 112.300 0.688
202006 0.980 110.400 1.032
202009 0.949 111.700 0.988
202012 0.376 111.500 0.392
202103 1.012 112.662 1.045
202106 1.070 111.769 1.113
202109 0.967 112.215 1.002
202112 0.392 113.108 0.403
202203 1.068 114.335 1.086
202206 1.101 114.558 1.118
202209 1.029 115.339 1.038
202212 0.323 115.116 0.326
202303 1.141 115.116 1.153
202306 1.111 114.558 1.128
202309 0.944 115.339 0.952
202312 0.304 114.781 0.308
202403 1.034 115.227 1.044
202406 1.001 114.781 1.014
202409 0.921 115.785 0.925
202412 0.320 114.893 0.324
202503 1.056 115.116 1.067
202506 1.025 114.907 1.037
202509 0.913 115.471 0.920
202512 0.323 115.832 0.324
202603 1.094 116.303 1.094

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 $2.18 mean?
Tsingtao Brewery Co (TSGTF) has a Cyclically Adjusted Revenue per Share of $2.18 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 Tsingtao Brewery Co and its competitors.
Is Tsingtao Brewery Co's Cyclically Adjusted Revenue per Share too high?
Tsingtao Brewery Co's current Cyclically Adjusted Revenue per Share is $2.18. Overall, Tsingtao Brewery Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsingtao Brewery Co's Cyclically Adjusted Revenue per Share compare to STZ?
Tsingtao Brewery Co's Cyclically Adjusted Revenue per Share of $2.18 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Cyclically Adjusted Revenue per Share depends on the Beverages - Alcoholic 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 Tsingtao Brewery Co and its competitors. Tsingtao Brewery Co's current Cyclically Adjusted Revenue per Share is $2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsingtao Brewery Co stock overvalued right now?
Based on GuruFocus' analysis, Tsingtao Brewery Co (TSGTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.25, compared to a current price of $5.85 — trading 19.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $2.18. Tsingtao Brewery Co's overall GF Score™ is 77/100 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 Tsingtao Brewery Co (TSGTF), the current Cyclically Adjusted Revenue per Share is $2.18 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 Tsingtao Brewery Co (TSGTF) Overvalued in 2026?

Based on GuruFocus' analysis, Tsingtao Brewery Co stock appears to be undervalued. The current stock price of $5.85 is trading 19.3% below its estimated GF Value™ of $7.25. GuruFocus considers Tsingtao Brewery Co to be Modestly Undervalued.

Key valuation signals for TSGTF:

  • Cyclically Adjusted Revenue per Share: $2.18
  • GF Value™: $7.25 vs. price of $5.85 (19.3% below fair value)
  • GF Score™: 77/100 with 2 warning signs

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


Tsingtao Brewery Co Business Description

Address No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its core Tsingtao brand. The company commands a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2024. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.
77GF Score

Get the complete analysis for TSGTF

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

$5.85
Price
$7.25
GF Value