Hanon Advanced Technology Group Co (BJSE:920476) Cyclically Adjusted PS Ratio: 6.22 (As of Sep. 08, 2026) — Near Median

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BJSE:920476 Hanon Advanced Technology Group Co Ltd BJSE:920476
87 GF Score
Price ¥23.06
GF Value ¥17.29
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hanon Advanced Technology Group Co Cyclically Adjusted PS Ratio?

Hanon Advanced Technology Group Co BJSE:920476 87 Cyclically Adjusted PS Ratio is 6.22 as of Sep. 08, 2026, which is 0% above its 10-year median of 6.19. GuruFocus rates BJSE:920476 with a GF Score™ of 87/100 and a GF Value™ of ¥17.29 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,964 Hardware companies, Hanon Advanced Technology Group Co ranks worse than 84.93% on this metric.

As of today (2026-09-08), Hanon Advanced Technology Group Co's current share price is ¥23.06. Hanon Advanced Technology Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥3.71. Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio for today is 6.22.

The historical rank and industry rank for Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BJSE:920476' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.63   Med: 6.19   Max: 6.8
Current: 6.21

During the past years, Hanon Advanced Technology Group Co's highest Cyclically Adjusted PS Ratio was 6.80. The lowest was 5.63. And the median was 6.19.

BJSE:920476's Cyclically Adjusted PS Ratio is ranked worse than
84.93% of 1964 companies
in the Hardware industry
Industry Median: 1.405 vs BJSE:920476: 6.21

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.

Hanon Advanced Technology Group Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥0.967. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ¥3.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanon Advanced Technology Group Co  (BJSE:920476) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Hanon Advanced Technology Group Co Cyclically Adjusted PS Ratio Related Terms


Hanon Advanced Technology Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio 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.

Hanon Advanced Technology Group Co Cyclically Adjusted PS Ratio Chart

Hanon Advanced Technology Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hanon Advanced Technology Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio 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 0.00 0.00 0.00 0.00 6.47

BJSE:920476 vs GRMN, COHR, KEYS: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Hanon Advanced Technology 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.


Hanon Advanced Technology Group Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio falls into.


BJSE:920476
87GF Score
Hanon Advanced Technology Group Co Ltd BJSE:920476
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanon Advanced Technology Group Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.06/3.71
=6.22

* 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.

Hanon Advanced Technology Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hanon Advanced Technology Group Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.967/116.0564*116.0564
=0.967

Current CPI (Jun. 2026) = 116.0564.

Hanon Advanced Technology Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201306 0.000 95.984 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201706 0.000 103.100 0.000
201712 0.000 104.500 0.000
201806 0.000 104.900 0.000
201812 0.000 106.500 0.000
201906 0.000 107.700 0.000
201912 0.000 111.200 0.000
202006 0.000 110.400 0.000
202012 0.000 111.500 0.000
202103 0.484 112.662 0.499
202106 0.722 111.769 0.750
202109 0.691 112.215 0.715
202112 1.453 113.108 1.491
202203 0.523 114.335 0.531
202206 0.848 114.558 0.859
202209 0.831 115.339 0.836
202212 1.413 115.116 1.425
202303 0.679 115.116 0.685
202306 0.813 114.558 0.824
202309 0.834 115.339 0.839
202312 1.514 114.781 1.531
202403 0.464 115.227 0.467
202406 0.685 114.781 0.693
202409 0.788 115.785 0.790
202412 1.101 114.893 1.112
202503 0.673 115.116 0.679
202506 1.091 114.907 1.102
202509 1.007 115.471 1.012
202512 1.744 115.832 1.747
202603 0.839 116.303 0.837
202606 0.967 116.056 0.967

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 6.22 mean?
Hanon Advanced Technology Group Co (BJSE:920476) has a Cyclically Adjusted PS Ratio of 6.22 as of Sep. 08, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hanon Advanced Technology Group Co and its competitors. This is near median its historical median of 6.19. Over the past decade, Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio has ranged from 5.63 to 6.80. According to the industry distribution chart, Hanon Advanced Technology Group Co ranks #1668 out of 1964 companies in the Hardware industry, placing it in the top 84.9%.
Is Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio too high?
Hanon Advanced Technology Group Co's current Cyclically Adjusted PS Ratio of 6.22 is near median its 10-year median of 6.19. Over the past 10 years, this metric has ranged from a low of 5.63 to a high of 6.80. The Hardware industry median Cyclically Adjusted PS Ratio is 1.41. Hanon Advanced Technology Group Co's value of 6.22 is 342.7% above this industry median. Based on the distribution chart, Hanon Advanced Technology Group Co ranks #1668 out of 1964 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hanon Advanced Technology Group Co has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanon Advanced Technology Group Co's Cyclically Adjusted PS Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Hanon Advanced Technology Group Co ranks #1668 out of 1964 companies for Cyclically Adjusted PS Ratio. This places Hanon Advanced Technology Group Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Hanon Advanced Technology Group Co's value of 6.22 is 342.7% above this benchmark. Historically, Hanon Advanced Technology Group Co's own Cyclically Adjusted PS Ratio has ranged from 5.63 to 6.80 over the past decade. While the company's 10-year median is 6.19 vs. the industry median of 1.41, Hanon Advanced Technology Group Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.41, based on 1,964 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hanon Advanced Technology Group Co's current Cyclically Adjusted PS Ratio of 6.22 is 342.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hanon Advanced Technology Group Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanon Advanced Technology Group Co's current Cyclically Adjusted PS Ratio is 6.22, which is near median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanon Advanced Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hanon Advanced Technology Group Co (BJSE:920476) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.29, compared to a current price of ¥23.06 — trading 33.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.22, which is near median its 10-year median of 6.19 and 342.7% above the Hardware industry median of 1.41. Hanon Advanced Technology Group Co's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Hanon Advanced Technology Group Co (BJSE:920476), the current Cyclically Adjusted PS Ratio is 6.22 as of Sep. 08, 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 Hanon Advanced Technology Group Co (BJSE:920476) Overvalued in 2026?

Based on GuruFocus' analysis, Hanon Advanced Technology Group Co stock appears to be overvalued. The current stock price of ¥23.06 is trading 33.4% above its estimated GF Value™ of ¥17.29. GuruFocus considers Hanon Advanced Technology Group Co to be Significantly Overvalued.

Key valuation signals for BJSE:920476:

  • Cyclically Adjusted PS Ratio: 6.22 (near median its 10-year median of 6.19)
  • GF Value™: ¥17.29 vs. price of ¥23.06 (33.4% above fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 342.7% above the Hardware median (#1668 of 1964)

No single metric tells the full story. See the BJSE:920476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanon Advanced Technology Group Co Business Description

Address No. 7000, Jingshi Road, 4th Floor, Building 1, Block A3, Hanyu Golden Valley, High-tech Zone, Shandong Province, Jinan City, CHN, 250101
Hanon Advanced Technology Group Co Ltd engages in research and development, production, and sales of experimental analysis instruments. Its product comprises High-Performance Liquid Chromatography, organic element analysis, sample pretreatment, physical optics, electrochemistry, general lab equipment, pumps, and valves.
87GF Score

Get the complete analysis for BJSE:920476

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

¥23.06
Price
¥17.29
GF Value