CGHOF (China Gas Holdings) Cyclically Adjusted PS Ratio: (As of Jul. 28, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CGHOF China Gas Holdings Ltd CGHOF
81 GF Score
Price $0.95
GF Value $1.12
! 8 Warning Signs
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What is China Gas Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Gas Holdings  (OTCPK:CGHOF) 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.


China Gas Holdings Cyclically Adjusted PS Ratio Related Terms


China Gas Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Gas 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.

China Gas Holdings Cyclically Adjusted PS Ratio Chart

China Gas Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.01 0.59 0.56 0.00

China Gas Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.59 0.00 0.56 0.00 0.00

CGHOF vs ATO, NI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, China Gas 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.


China Gas Holdings Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CGHOF
81GF Score
China Gas Holdings Ltd CGHOF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Gas 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.

China Gas Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, China Gas Holdings's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1.743/116.3033*116.3033
=1.743

Current CPI (Mar26) = 116.3033.

China Gas Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 0.839 103.200 0.946
201803 1.327 105.300 1.466
201903 1.498 107.700 1.618
202003 1.469 112.300 1.521
202103 1.728 112.662 1.784
202203 2.051 114.335 2.086
202303 2.175 115.116 2.197
202403 1.933 115.227 1.951
202503 1.894 115.116 1.914
202603 1.743 116.303 1.743

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.

Is China Gas Holdings (CGHOF) Overvalued in 2026?

Based on GuruFocus' analysis, China Gas Holdings stock appears to be undervalued. The current stock price of $0.95 is trading 15.5% below its estimated GF Value™ of $1.12.

Key valuation signals for CGHOF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $1.12 vs. price of $0.95 (15.5% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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


China Gas Holdings Business Description

Address 188 Meiyuan Road, China Gas Building, Luohu District, Guangdong Province, Shenzhen, CHN
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2025 (ended March 31, 2025), the group had secured a total of 662 piped gas concessions and 488 compressed natural gas/liquefied natural gas refilling stations for vehicles in China. In total, CGH has connected 48.5 million residential households and achieved a penetration rate of 72.9%.
81GF Score

Get the complete analysis for CGHOF

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

$0.95
Price
$1.12
GF Value