CICHF (China Construction Bank) Cyclically Adjusted PS Ratio: 3.48 (As of Jul. 11, 2026) — 31% Above Median


CICHF China Construction Bank Corp CICHF
42 GF Score
Price $1.08
GF Value $0.88
Valuation Modestly Overvalued
! 4 Warning Signs
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What is China Construction Bank Cyclically Adjusted PS Ratio?

China Construction Bank CICHF +6.73% 42 Cyclically Adjusted PS Ratio is 3.48 as of Jul. 11, 2026, which is 31% above its 10-year median of 2.66. GuruFocus rates CICHF with a GF Scoreâ„¢ of 42/100 and a GF Valueâ„¢ of $0.88 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,300 Banks companies, China Construction Bank ranks better than 52.92% on this metric.

As of today (2026-07-11), China Construction Bank's current share price is $1.07802. China Construction Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.31. China Construction Bank's Cyclically Adjusted PS Ratio for today is 3.48.

The historical rank and industry rank for China Construction Bank's Cyclically Adjusted PS Ratio or its related term are showing as below:

CICHF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.66   Max: 4.24
Current: 3.19

During the past years, China Construction Bank's highest Cyclically Adjusted PS Ratio was 4.24. The lowest was 1.86. And the median was 2.66.

CICHF's Cyclically Adjusted PS Ratio is ranked better than
52.92% of 1300 companies
in the Banks industry
Industry Median: 3.31 vs CICHF: 3.19

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 Construction Bank's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.117. 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 $0.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Construction Bank  (OTCPK:CICHF) 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 Construction Bank Cyclically Adjusted PS Ratio Related Terms


China Construction Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Construction Bank'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 Construction Bank Cyclically Adjusted PS Ratio Chart

China Construction Bank 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 2.16 1.98 2.24 3.00 3.12

China Construction Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.01 3.20 2.91 3.12 3.24

CICHF vs JPM, BAC, WFC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Diversified subindustry, China Construction Bank'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 Construction Bank Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, China Construction Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CICHF
42GF Score
China Construction Bank Corp CICHF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Construction Bank 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 Construction Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.07802/0.31
=3.48

* 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 Construction Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, China Construction Bank's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.117/116.3033*116.3033
=0.117

Current CPI (Mar. 2026) = 116.3033.

China Construction Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.087 101.400 0.100
201609 0.083 102.400 0.094
201612 0.073 102.600 0.083
201703 0.099 103.200 0.112
201706 0.087 103.100 0.098
201709 0.092 104.100 0.103
201712 0.089 104.500 0.099
201803 0.116 105.300 0.128
201806 0.098 104.900 0.109
201809 0.094 106.600 0.103
201812 0.084 106.500 0.092
201903 0.112 107.700 0.121
201906 0.101 107.700 0.109
201909 0.099 109.800 0.105
201912 0.089 111.200 0.093
202003 0.118 112.300 0.122
202006 0.102 110.400 0.107
202009 0.106 111.700 0.110
202012 0.104 111.500 0.108
202103 0.132 112.662 0.136
202106 0.124 111.769 0.129
202109 0.130 112.215 0.135
202112 0.117 113.108 0.120
202203 0.128 114.335 0.130
202206 0.120 114.558 0.122
202209 0.109 115.339 0.110
202212 0.102 115.116 0.103
202303 0.118 115.116 0.119
202306 0.110 114.558 0.112
202309 0.102 115.339 0.103
202312 0.096 114.781 0.097
202403 0.113 115.227 0.114
202406 0.102 114.781 0.103
202409 0.099 115.785 0.099
202412 0.092 114.893 0.093
202503 0.104 115.116 0.105
202506 0.116 114.907 0.117
202509 0.092 115.471 0.093
202512 0.098 115.832 0.098
202603 0.117 116.303 0.117

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 3.48 mean?
China Construction Bank (CICHF) has a Cyclically Adjusted PS Ratio of 3.48 as of Jul. 11, 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 China Construction Bank and its competitors. This is 31% above median its historical median of 2.66. Over the past decade, China Construction Bank's Cyclically Adjusted PS Ratio has ranged from 1.86 to 4.24. According to the industry distribution chart, China Construction Bank ranks #612 out of 1300 companies in the Banks industry, placing it in the top 47.1%.
Is China Construction Bank's Cyclically Adjusted PS Ratio too high?
China Construction Bank's current Cyclically Adjusted PS Ratio of 3.48 is 31% above median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 4.24. The Banks industry median Cyclically Adjusted PS Ratio is 3.31. China Construction Bank's value of 3.48 is 5.1% above this industry median. Based on the distribution chart, China Construction Bank ranks #612 out of 1300 companies in the Banks industry, which is above the industry midpoint. Overall, China Construction Bank has a GF Scoreâ„¢ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Construction Bank's Cyclically Adjusted PS Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, China Construction Bank ranks #612 out of 1300 companies for Cyclically Adjusted PS Ratio. This puts China Construction Bank in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.31. China Construction Bank's value of 3.48 is 5.1% above this benchmark. Historically, China Construction Bank's own Cyclically Adjusted PS Ratio has ranged from 1.86 to 4.24 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 3.31, China Construction Bank 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.31, based on 1,300 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. China Construction Bank's current Cyclically Adjusted PS Ratio of 3.48 is 5.1% 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 China Construction Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Construction Bank's current Cyclically Adjusted PS Ratio is 3.48, which is 31% above median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Construction Bank stock overvalued right now?
Based on GuruFocus' analysis, China Construction Bank (CICHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.88, compared to a current price of $1.08 — trading 22.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.48, which is 31% above median its 10-year median of 2.66 and 5.1% above the Banks industry median of 3.31. China Construction Bank's overall GF Score™ is 42/100 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 China Construction Bank (CICHF), the current Cyclically Adjusted PS Ratio is 3.48 as of Jul. 11, 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 China Construction Bank (CICHF) Overvalued in 2026?

Based on GuruFocus' analysis, China Construction Bank stock appears to be overvalued. The current stock price of $1.08 is trading 22.5% above its estimated GF Value™ of $0.88. GuruFocus considers China Construction Bank to be Modestly Overvalued.

Key valuation signals for CICHF:

  • Cyclically Adjusted PS Ratio: 3.48 (31% above median its 10-year median of 2.66)
  • GF Value™: $0.88 vs. price of $1.08 (22.5% above fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 5.1% above the Banks median (#612 of 1300)

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


China Construction Bank Business Description

Address No. 25, Financial Street, Xicheng District, Beijing, CHN, 100033
China Construction Bank, headquartered in Beijing, is China's second-largest bank. It went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager, is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. The corporate banking, retail banking, and wholesale banking business segments accounted for 22%, 41%, and 34% of profit before tax, respectively, in 2025.
42GF Score

Get the complete analysis for CICHF

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

$1.08
Price
$0.88
GF Value