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China Pacific Insurance (Group) Co (HKSE:02601) Cyclically Adjusted Revenue per Share : HK$22.86 (As of Mar. 2024)


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What is China Pacific Insurance (Group) 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 Pacific Insurance (Group) Co's adjusted revenue per share for the three months ended in Mar. 2024 was HK$10.770. 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 HK$22.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Pacific Insurance (Group) Co's average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% 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 China Pacific Insurance (Group) Co was 12.20% per year. The lowest was 5.00% per year. And the median was 10.20% per year.

As of today (2024-05-26), China Pacific Insurance (Group) Co's current stock price is HK$21.05. China Pacific Insurance (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$22.86. China Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Pacific Insurance (Group) Co was 2.06. The lowest was 0.48. And the median was 1.12.


China Pacific Insurance (Group) Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Pacific Insurance (Group) 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 Pacific Insurance (Group) Co Cyclically Adjusted Revenue per Share Chart

China Pacific Insurance (Group) 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 24.66 26.09 27.85 26.45 25.21

China Pacific Insurance (Group) 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 30.23 29.30 26.11 25.21 22.86

Competitive Comparison of China Pacific Insurance (Group) Co's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, China Pacific Insurance (Group) 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 Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where China Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio falls into.



China Pacific Insurance (Group) 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 Pacific Insurance (Group) 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)
=10.77/115.2271*115.2271
=10.770

Current CPI (Mar. 2024) = 115.2271.

China Pacific Insurance (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.091 98.200 8.321
201409 7.086 98.900 8.256
201412 7.468 99.000 8.692
201503 10.101 99.900 11.651
201506 8.440 99.500 9.774
201509 7.843 100.500 8.992
201512 7.189 100.600 8.234
201603 10.867 102.200 12.252
201606 8.106 101.400 9.211
201609 8.901 102.400 10.016
201612 6.729 102.600 7.557
201703 13.433 103.200 14.999
201706 8.813 103.100 9.850
201709 10.735 104.100 11.882
201712 7.886 104.500 8.696
201803 16.870 105.300 18.460
201806 10.824 104.900 11.890
201809 10.678 106.600 11.542
201812 8.158 106.500 8.827
201903 17.025 107.700 18.215
201906 11.050 107.700 11.822
201909 10.985 109.800 11.528
201912 9.076 111.200 9.405
202003 16.926 112.300 17.367
202006 11.662 110.400 12.172
202009 12.526 111.700 12.922
202012 9.910 111.500 10.241
202103 18.779 112.662 19.207
202106 12.694 111.769 13.087
202109 12.320 112.215 12.651
202112 11.343 113.108 11.556
202203 10.130 114.335 10.209
202206 10.441 114.558 10.502
202209 10.273 115.339 10.263
202212 9.161 115.116 9.170
202303 11.135 115.116 11.146
202306 9.263 114.558 9.317
202309 9.016 115.339 9.007
202312 7.696 114.781 7.726
202403 10.770 115.227 10.770

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


China Pacific Insurance (Group) Co  (HKSE:02601) 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 Pacific Insurance (Group) Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.05/22.86
=0.92

* 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 Pacific Insurance (Group) Co was 2.06. The lowest was 0.48. And the median was 1.12.


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 Pacific Insurance (Group) Co Cyclically Adjusted Revenue per Share Related Terms

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


China Pacific Insurance (Group) Co (HKSE:02601) Business Description

Traded in Other Exchanges
Address
1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010
China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.
Schroders Plc 2102 Investment manager
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Schroders Plc 2102 Investment manager
Zhong Guo Ren Shou Bao Xian Ji Tuan Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner
Shang Hai Guo Ji Ji Tuan You Xian Gong Si 2101 Beneficial owner

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