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China Life Insurance Co (China Life Insurance Co) Cyclically Adjusted Revenue per Share : $1.07 (As of Mar. 2024)


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What is China Life Insurance Co Cyclically Adjusted Revenue per Share?

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.

China Life Insurance Co's adjusted revenue per share for the three months ended in Mar. 2024 was $0.581. 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 $1.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Life Insurance Co's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% 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 China Life Insurance Co was 8.40% per year. The lowest was 6.40% per year. And the median was 7.25% per year.

As of today (2024-05-16), China Life Insurance Co's current stock price is $1.50. China Life Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.07. China Life Insurance Co's Cyclically Adjusted PS Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Life Insurance Co was 2.40. The lowest was 1.01. And the median was 1.45.


China Life Insurance Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for 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.

* Premium members only.

China Life Insurance Co Cyclically Adjusted Revenue per Share Chart

China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.19 1.25 1.12 1.15

China Life Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.19 1.22 1.08 1.15 1.07

Competitive Comparison of China Life Insurance Co's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, 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.


China Life Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



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, China Life Insurance Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.581/115.2271*115.2271
=0.581

Current CPI (Mar. 2024) = 115.2271.

China Life Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.491 98.200 0.576
201409 0.588 98.900 0.685
201412 0.563 99.000 0.655
201503 1.079 99.900 1.245
201506 0.796 99.500 0.922
201509 0.545 100.500 0.625
201512 0.461 100.600 0.528
201603 1.157 102.200 1.304
201606 0.635 101.400 0.722
201609 0.604 102.400 0.680
201612 0.441 102.600 0.495
201703 1.339 103.200 1.495
201706 0.677 103.100 0.757
201709 0.767 104.100 0.849
201712 0.553 104.500 0.610
201803 1.481 105.300 1.621
201806 0.733 104.900 0.805
201809 0.669 106.600 0.723
201812 0.479 106.500 0.518
201903 1.632 107.700 1.746
201906 0.716 107.700 0.766
201909 0.813 109.800 0.853
201912 0.605 111.200 0.627
202003 1.674 112.300 1.718
202006 0.861 110.400 0.899
202009 0.919 111.700 0.948
202012 0.709 111.500 0.733
202103 2.010 112.662 2.056
202106 0.963 111.769 0.993
202109 0.962 112.215 0.988
202112 0.716 113.108 0.729
202203 1.918 114.335 1.933
202206 0.956 114.558 0.962
202209 0.867 115.339 0.866
202212 0.655 115.116 0.656
202303 0.530 115.116 0.531
202306 2.174 114.558 2.187
202309 0.741 115.339 0.740
202312 0.651 114.781 0.654
202403 0.581 115.227 0.581

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


China Life Insurance Co  (OTCPK:CILJF) 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.

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
=1.50/1.07
=1.40

* 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 China Life Insurance Co was 2.40. The lowest was 1.01. And the median was 1.45.


Be Aware

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


China Life Insurance Co Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of China Life Insurance Co's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


China Life Insurance Co (China Life Insurance Co) Business Description

Traded in Other Exchanges
Address
No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033
With headquarters in Beijing and commanding about 20% market share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.

China Life Insurance Co (China Life Insurance Co) Headlines