VNET (VNET Group) Cyclically Adjusted Revenue per Share: $5.69 (As of Mar. 2026)

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VNET VNET Group Inc VNET
58 GF Score
Price $7.33
GF Value $4.37
Valuation Significantly Overvalued
! 8 Warning Signs
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What is VNET Group Cyclically Adjusted Revenue per Share?

VNET Group VNET +4.56% 58 Cyclically Adjusted Revenue per Share is $5.69 as of Mar. 2026. GuruFocus rates VNET with a GF Score™ of 58/100 and a GF Value™ of $4.37 (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.

VNET Group's adjusted revenue per share for the three months ended in Mar. 2026 was $1.424. 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 $5.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, VNET Group's average Cyclically Adjusted Revenue Growth Rate was -2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% 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 VNET Group was 3.00% per year. The lowest was -3.30% per year. And the median was 0.85% per year.

As of today (2026-08-07), VNET Group's current stock price is $7.33. VNET Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $5.69. VNET Group's Cyclically Adjusted PS Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of VNET Group was 7.18. The lowest was 0.23. And the median was 1.29.


VNET Group  (NAS:VNET) 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.

VNET Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.33/5.69
=1.29

* 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 VNET Group was 7.18. The lowest was 0.23. And the median was 1.29.


Be Aware

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


VNET Group Cyclically Adjusted Revenue per Share Related Terms


VNET Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for VNET Group'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.

VNET Group Cyclically Adjusted Revenue per Share Chart

VNET Group 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 5.98 6.29 6.33 5.94 5.69

VNET Group 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 5.85 5.76 5.74 5.69 5.69

VNET vs INOD, SHAZ, DXC: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, VNET Group'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.


VNET Group Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, VNET Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


VNET
58GF Score
VNET Group Inc VNET
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VNET Group 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, VNET Group'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)
=1.424/116.3033*116.3033
=1.424

Current CPI (Mar. 2026) = 116.3033.

VNET Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.433 101.400 1.644
201609 1.276 102.400 1.449
201612 1.146 102.600 1.299
201703 1.106 103.200 1.246
201706 1.155 103.100 1.303
201709 1.207 104.100 1.348
201712 1.032 104.500 1.149
201803 1.123 105.300 1.240
201806 1.139 104.900 1.263
201809 1.126 106.600 1.228
201812 1.162 106.500 1.269
201903 1.129 107.700 1.219
201906 1.140 107.700 1.231
201909 1.218 109.800 1.290
201912 1.337 111.200 1.398
202003 1.392 112.300 1.442
202006 1.467 110.400 1.545
202009 1.362 111.700 1.418
202012 1.541 111.500 1.607
202103 1.485 112.662 1.533
202106 1.544 111.769 1.607
202109 1.616 112.215 1.675
202112 1.823 113.108 1.875
202203 1.659 114.335 1.688
202206 1.744 114.558 1.771
202209 1.745 115.339 1.760
202212 1.826 115.116 1.845
202303 1.488 115.116 1.503
202306 1.717 114.558 1.743
202309 1.745 115.339 1.760
202312 1.700 114.781 1.723
202403 1.008 115.227 1.017
202406 1.033 114.781 1.047
202409 1.033 115.785 1.038
202412 1.032 114.893 1.045
202503 1.156 115.116 1.168
202506 1.263 114.907 1.278
202509 1.348 115.471 1.358
202512 1.416 115.832 1.422
202603 1.424 116.303 1.424

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 $5.69 mean?
VNET Group (VNET) has a Cyclically Adjusted Revenue per Share of $5.69 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 VNET Group and its competitors.
Is VNET Group's Cyclically Adjusted Revenue per Share too high?
VNET Group's current Cyclically Adjusted Revenue per Share is $5.69. Overall, VNET Group has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Cyclically Adjusted Revenue per Share compare to INOD and SHAZ?
VNET Group's Cyclically Adjusted Revenue per Share of $5.69 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 VNET Group and its competitors. VNET Group's current Cyclically Adjusted Revenue per Share is $5.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
Based on GuruFocus' analysis, VNET Group (VNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.37, compared to a current price of $7.33 — trading 67.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $5.69. VNET Group's overall GF Score™ is 58/100 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 VNET Group (VNET), the current Cyclically Adjusted Revenue per Share is $5.69 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 VNET Group (VNET) Overvalued in 2026?

Based on GuruFocus' analysis, VNET Group stock appears to be overvalued. The current stock price of $7.33 is trading 67.7% above its estimated GF Value™ of $4.37. GuruFocus considers VNET Group to be Significantly Overvalued.

Key valuation signals for VNET:

  • Cyclically Adjusted Revenue per Share: $5.69
  • GF Value™: $4.37 vs. price of $7.33 (67.7% above fair value)
  • GF Score™: 58/100 with 8 warning signs

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


VNET Group Business Description

Other Exchanges 217A:Germany
Address No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
58GF Score

Get the complete analysis for VNET

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

$7.33
Price
$4.37
GF Value