CESTF (Chinese Estates Holdings) Cyclically Adjusted PS Ratio: 1.52 (As of Jul. 02, 2026) — 42% Below Median


CESTF Chinese Estates Holdings Ltd CESTF
40 GF Score
Price $0.15
GF Value $0.11
! 4 Warning Signs
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What is Chinese Estates Holdings Cyclically Adjusted PS Ratio?

Chinese Estates Holdings CESTF 40 Cyclically Adjusted PS Ratio is 1.52 as of Jul. 02, 2026, which is 42% below its 10-year median of 2.61. GuruFocus rates CESTF with a GF Score™ of 40/100 and a GF Value™ of $0.11. The stock has 4 warning signs investors should review. Among 1,358 Real Estate companies, Chinese Estates Holdings ranks better than 59.43% on this metric.

As of today (2026-07-02), Chinese Estates Holdings's current share price is $0.1519. Chinese Estates Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $0.10. Chinese Estates Holdings's Cyclically Adjusted PS Ratio for today is 1.52.

The historical rank and industry rank for Chinese Estates Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

CESTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.61   Max: 14.58
Current: 1.28

During the past 13 years, Chinese Estates Holdings's highest Cyclically Adjusted PS Ratio was 14.58. The lowest was 0.84. And the median was 2.61.

CESTF's Cyclically Adjusted PS Ratio is ranked better than
59.43% of 1358 companies
in the Real Estate industry
Industry Median: 1.82 vs CESTF: 1.28

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.

Chinese Estates Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.020. 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 $0.10 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chinese Estates Holdings  (OTCPK:CESTF) 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.


Chinese Estates Holdings Cyclically Adjusted PS Ratio Related Terms


Chinese Estates Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chinese Estates Holdings'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.

Chinese Estates Holdings Cyclically Adjusted PS Ratio Chart

Chinese Estates Holdings 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 1.98 1.81 1.18 1.33 1.46

Chinese Estates Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.18 0.00 1.33 0.00 1.46

Chinese Estates Holdings Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Chinese Estates Holdings'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.


Chinese Estates Holdings Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Chinese Estates Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chinese Estates Holdings's Cyclically Adjusted PS Ratio falls into.


CESTF
40GF Score
Chinese Estates Holdings Ltd CESTF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chinese Estates Holdings 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.

Chinese Estates Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.1519/0.10
=1.52

* 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.

Chinese Estates Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Chinese Estates Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.02/120.7036*120.7036
=0.020

Current CPI (Dec25) = 120.7036.

Chinese Estates Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.253 103.225 0.296
201712 0.102 104.984 0.117
201812 0.057 107.622 0.064
201912 0.088 110.700 0.096
202012 0.206 109.711 0.227
202112 0.087 112.349 0.093
202212 0.097 114.548 0.102
202312 0.032 117.296 0.033
202412 0.023 118.945 0.023
202512 0.020 120.704 0.020

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 1.52 mean?
Chinese Estates Holdings (CESTF) has a Cyclically Adjusted PS Ratio of 1.52 as of Jul. 02, 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 Chinese Estates Holdings and its competitors. This is 42% below median its historical median of 2.61. Over the past decade, Chinese Estates Holdings' Cyclically Adjusted PS Ratio has ranged from 0.84 to 14.58. According to the industry distribution chart, Chinese Estates Holdings ranks #551 out of 1358 companies in the Real Estate industry, placing it in the top 40.6%.
Is Chinese Estates Holdings' Cyclically Adjusted PS Ratio too high?
Chinese Estates Holdings' current Cyclically Adjusted PS Ratio of 1.52 is 42% below median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 14.58. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Chinese Estates Holdings' value of 1.52 is 16.5% below this industry median. Based on the distribution chart, Chinese Estates Holdings ranks #551 out of 1358 companies in the Real Estate industry, which is above the industry midpoint. Overall, Chinese Estates Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Chinese Estates Holdings' Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Chinese Estates Holdings ranks #551 out of 1358 companies for Cyclically Adjusted PS Ratio. This puts Chinese Estates Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Chinese Estates Holdings' value of 1.52 is 16.5% below this benchmark. Historically, Chinese Estates Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.84 to 14.58 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 1.82, Chinese Estates Holdings has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,358 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. Chinese Estates Holdings's current Cyclically Adjusted PS Ratio of 1.52 is 16.5% below 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 Chinese Estates Holdings and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinese Estates Holdings's current Cyclically Adjusted PS Ratio is 1.52, which is 42% below median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinese Estates Holdings stock overvalued right now?
Chinese Estates Holdings (CESTF) has a current Cyclically Adjusted PS Ratio of 1.52. The stock's GF Value™ is $0.11, compared to a current price of $0.15 — trading 38.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.52, which is 42% below median its 10-year median of 2.61 and 16.5% below the Real Estate industry median of 1.82. Chinese Estates Holdings' overall GF Score™ is 40/100 with 4 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 Chinese Estates Holdings (CESTF), the current Cyclically Adjusted PS Ratio is 1.52 as of Jul. 02, 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 Chinese Estates Holdings (CESTF) Overvalued in 2026?

Based on GuruFocus' analysis, Chinese Estates Holdings stock appears to be overvalued. The current stock price of $0.15 is trading 38.1% above its estimated GF Value™ of $0.11.

Key valuation signals for CESTF:

  • Cyclically Adjusted PS Ratio: 1.52 (42% below median its 10-year median of 2.61)
  • GF Value™: $0.11 vs. price of $0.15 (38.1% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 16.5% below the Real Estate median (#551 of 1358)

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


Chinese Estates Holdings Business Description

Other Exchanges 00127:Hong Kong
Address 311 Gloucester Road, 21st Floor, Chubb Tower, Windsor House, Causeway Bay, Hong Kong, HKG
Chinese Estates Holdings Ltd is an investment holding company. The company's operating segment includes Property development and trading; Property leasing includes Retail and Non-retail; Listed equity investments at FVTOCI; Investments and treasury products at FVTPL; Unlisted investments, investment holding and brokerage, and other segments. It derives maximum revenue from Investments and treasury products at FVTPL segment, which includes Securities investments in investments held for trading, OTC trading and structured products. The Group focuses in Hong Kong, and diversifies its property interests to mainland China and the United Kingdom.
40GF Score

Get the complete analysis for CESTF

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

$0.15
Price
$0.11
GF Value