CMCM (Cheetah Mobile) Cyclically Adjusted PS Ratio: 0.20 (As of Aug. 20, 2026) — 20% Below Median

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CMCM Cheetah Mobile Inc CMCM
48 GF Score
Price $2.94
GF Value $6.16
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Cheetah Mobile Cyclically Adjusted PS Ratio?

Cheetah Mobile CMCM -2.97% 48 Cyclically Adjusted PS Ratio is 0.20 as of Aug. 20, 2026, which is 20% below its 10-year median of 0.25. GuruFocus rates CMCM with a GF Score™ of 48/100 and a GF Value™ of $6.16 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 335 Interactive Media companies, Cheetah Mobile ranks better than 90.45% on this metric.

As of today (2026-08-20), Cheetah Mobile's current share price is $2.94. Cheetah Mobile's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $14.59. Cheetah Mobile's Cyclically Adjusted PS Ratio for today is 0.20.

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

CMCM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.25   Max: 0.53
Current: 0.21

During the past years, Cheetah Mobile's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.10. And the median was 0.25.

CMCM's Cyclically Adjusted PS Ratio is ranked better than
90.45% of 335 companies
in the Interactive Media industry
Industry Median: 1.35 vs CMCM: 0.21

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.

Cheetah Mobile's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.211. 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 $14.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheetah Mobile  (NYSE:CMCM) 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.


Cheetah Mobile Cyclically Adjusted PS Ratio Related Terms


Cheetah Mobile Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cheetah Mobile'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.

Cheetah Mobile Cyclically Adjusted PS Ratio Chart

Cheetah Mobile 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 0.14 0.28 0.40

Cheetah Mobile Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 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 0.26 0.30 0.52 0.40 0.38

CMCM vs BZFD, BODI, GIBO: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, Cheetah Mobile'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.


Cheetah Mobile Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cheetah Mobile's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cheetah Mobile's Cyclically Adjusted PS Ratio falls into.


CMCM
48GF Score
Cheetah Mobile Inc CMCM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheetah Mobile 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.

Cheetah Mobile's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.94/14.59
=0.20

* 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.

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

For example, Cheetah Mobile'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)
=1.211/116.3033*116.3033
=1.211

Current CPI (Mar. 2026) = 116.3033.

Cheetah Mobile Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 6.212 100.600 7.182
201603 5.946 102.200 6.767
201606 5.708 101.400 6.547
201609 5.965 102.400 6.775
201612 6.487 102.600 7.353
201703 6.071 103.200 6.842
201706 6.168 103.100 6.958
201709 6.362 104.100 7.108
201712 7.345 104.500 8.175
201803 6.238 105.300 6.890
201806 5.877 104.900 6.516
201809 6.845 106.600 7.468
201812 7.061 106.500 7.711
201903 5.809 107.700 6.273
201906 5.066 107.700 5.471
201909 4.699 109.800 4.977
201912 3.175 111.200 3.321
202003 2.729 112.300 2.826
202006 1.980 110.400 2.086
202009 1.885 111.700 1.963
202012 1.421 111.500 1.482
202103 1.065 112.662 1.099
202106 1.149 111.769 1.196
202109 1.062 112.215 1.101
202112 0.977 113.108 1.005
202206 0.000 114.558 0.000
202212 0.000 115.116 0.000
202303 0.853 115.116 0.862
202306 0.802 114.558 0.814
202309 0.756 115.339 0.762
202312 0.784 114.781 0.794
202403 0.884 115.227 0.892
202406 0.863 114.781 0.874
202409 0.899 115.785 0.903
202412 1.076 114.893 1.089
202503 1.179 115.116 1.191
202506 1.354 114.907 1.370
202509 1.303 115.471 1.312
202512 1.414 115.832 1.420
202603 1.211 116.303 1.211

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 0.20 mean?
Cheetah Mobile (CMCM) has a Cyclically Adjusted PS Ratio of 0.20 as of Aug. 20, 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 Cheetah Mobile and its competitors. This is 20% below median its historical median of 0.25. Over the past decade, Cheetah Mobile's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.53. According to the industry distribution chart, Cheetah Mobile ranks #32 out of 335 companies in the Interactive Media industry, placing it in the top 9.6%.
Is Cheetah Mobile's Cyclically Adjusted PS Ratio too high?
Cheetah Mobile's current Cyclically Adjusted PS Ratio of 0.20 is 20% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.53. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.35. Cheetah Mobile's value of 0.20 is 85.2% below this industry median. Based on the distribution chart, Cheetah Mobile ranks #32 out of 335 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Cheetah Mobile has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cheetah Mobile's Cyclically Adjusted PS Ratio compare to BZFD and BODI?
According to the Interactive Media industry distribution chart, Cheetah Mobile ranks #32 out of 335 companies for Cyclically Adjusted PS Ratio. This places Cheetah Mobile in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.35. Cheetah Mobile's value of 0.20 is 85.2% below this benchmark. Historically, Cheetah Mobile's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.53 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 1.35, Cheetah Mobile 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.35, based on 335 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. Cheetah Mobile's current Cyclically Adjusted PS Ratio of 0.20 is 85.2% 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 Cheetah Mobile and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheetah Mobile's current Cyclically Adjusted PS Ratio is 0.20, which is 20% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheetah Mobile stock overvalued right now?
Based on GuruFocus' analysis, Cheetah Mobile (CMCM) is currently considered Possible Value Trap. The stock's GF Value™ is $6.16, compared to a current price of $2.94 — trading 52.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.20, which is 20% below median its 10-year median of 0.25 and 85.2% below the Interactive Media industry median of 1.35. Cheetah Mobile's overall GF Score™ is 48/100 with 2 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 Cheetah Mobile (CMCM), the current Cyclically Adjusted PS Ratio is 0.20 as of Aug. 20, 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 Cheetah Mobile (CMCM) Overvalued in 2026?

Based on GuruFocus' analysis, Cheetah Mobile stock appears to be undervalued. The current stock price of $2.94 is trading 52.3% below its estimated GF Value™ of $6.16. GuruFocus considers Cheetah Mobile to be Possible Value Trap.

Key valuation signals for CMCM:

  • Cyclically Adjusted PS Ratio: 0.20 (20% below median its 10-year median of 0.25)
  • GF Value™: $6.16 vs. price of $2.94 (52.3% below fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 85.2% below the Interactive Media median (#32 of 335)

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


Cheetah Mobile Business Description

Other Exchanges 0C9:Germany
Address Building No. 11, Wandong Science and Technology Cultural Innovation Park, No.7 Sanjianfangnanli, Chaoyang District, Beijing, CHN, 100024
Cheetah Mobile Inc along with its subsidiaries provides comprehensive products and services on PCs and mobile devices. It generates revenue from utility-related business, including advertising services and premium membership services. It also provides multi-cloud management platform and overseas advertising agency service. The company operates in two segments: Internet business, and AI and others. The companies products and services includes Robotic Products, Global to B Services etc. The firm's majority of the revenue is derived from the internet business segment that provides mobile advertising services to advertising customers, as well as selling advertisements and referring user traffic on its mobile and PC platforms. Geographically, it derives the majority of its revenue from the PRC.
48GF Score

Get the complete analysis for CMCM

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

$2.94
Price
$6.16
GF Value