CMHHF (China Merchants Port Holdings Co) Cyclically Adjusted PS Ratio: 4.03 (As of Jul. 21, 2026) — 26% Below Median

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CMHHF China Merchants Port Holdings Co Ltd CMHHF
83 GF Score
Price $1.45
GF Value $1.41
Valuation Fairly Valued
! 3 Warning Signs
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What is China Merchants Port Holdings Co Cyclically Adjusted PS Ratio?

China Merchants Port Holdings Co CMHHF 83 Cyclically Adjusted PS Ratio is 4.03 as of Jul. 21, 2026, which is 26% below its 10-year median of 5.47. GuruFocus rates CMHHF with a GF Score™ of 83/100 and a GF Value™ of $1.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 759 Transportation companies, China Merchants Port Holdings Co ranks worse than 91.96% on this metric.

As of today (2026-07-21), China Merchants Port Holdings Co's current share price is $1.45. China Merchants Port Holdings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $0.36. China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio for today is 4.03.

The historical rank and industry rank for China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

CMHHF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.22   Med: 5.47   Max: 12.31
Current: 5.44

During the past 13 years, China Merchants Port Holdings Co's highest Cyclically Adjusted PS Ratio was 12.31. The lowest was 3.22. And the median was 5.47.

CMHHF's Cyclically Adjusted PS Ratio is ranked worse than
91.96% of 759 companies
in the Transportation industry
Industry Median: 0.89 vs CMHHF: 5.44

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 Merchants Port Holdings Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.409. 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 $0.36 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Merchants Port Holdings Co  (OTCPK:CMHHF) 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 Merchants Port Holdings Co Cyclically Adjusted PS Ratio Related Terms


China Merchants Port Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Merchants Port Holdings 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.

China Merchants Port Holdings Co Cyclically Adjusted PS Ratio Chart

China Merchants Port Holdings 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 5.85 4.79 4.31 5.44 5.56

China Merchants Port Holdings Co 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 4.31 0.00 5.44 0.00 5.56

China Merchants Port Holdings Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, China Merchants Port Holdings 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.


China Merchants Port Holdings Co Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CMHHF
83GF Score
China Merchants Port Holdings Co Ltd CMHHF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Port Holdings 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.

China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.45/0.36
=4.03

* 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 Merchants Port Holdings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, China Merchants Port Holdings Co'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)
=0.409/120.7036*120.7036
=0.409

Current CPI (Dec25) = 120.7036.

China Merchants Port Holdings Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.228 103.225 0.267
201712 0.236 104.984 0.271
201812 0.294 107.622 0.330
201912 0.274 110.700 0.299
202012 0.282 109.711 0.310
202112 0.380 112.349 0.408
202212 0.387 114.548 0.408
202312 0.361 117.296 0.371
202412 0.363 118.945 0.368
202512 0.409 120.704 0.409

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 4.03 mean?
China Merchants Port Holdings Co (CMHHF) has a Cyclically Adjusted PS Ratio of 4.03 as of Jul. 21, 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 Merchants Port Holdings Co and its competitors. This is 26% below median its historical median of 5.47. Over the past decade, China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio has ranged from 3.22 to 12.31. According to the industry distribution chart, China Merchants Port Holdings Co ranks #698 out of 759 companies in the Transportation industry, placing it in the top 92%.
Is China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio too high?
China Merchants Port Holdings Co's current Cyclically Adjusted PS Ratio of 4.03 is 26% below median its 10-year median of 5.47. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 12.31. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. China Merchants Port Holdings Co's value of 4.03 is 352.8% above this industry median. Based on the distribution chart, China Merchants Port Holdings Co ranks #698 out of 759 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, China Merchants Port Holdings Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, China Merchants Port Holdings Co ranks #698 out of 759 companies for Cyclically Adjusted PS Ratio. This places China Merchants Port Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. China Merchants Port Holdings Co's value of 4.03 is 352.8% above this benchmark. Historically, China Merchants Port Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 3.22 to 12.31 over the past decade. While the company's 10-year median is 5.47 vs. the industry median of 0.89, China Merchants Port Holdings 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 759 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 Merchants Port Holdings Co's current Cyclically Adjusted PS Ratio of 4.03 is 352.8% 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 Merchants Port Holdings Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Port Holdings Co's current Cyclically Adjusted PS Ratio is 4.03, which is 26% below median its own 10-year median of 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Port Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Port Holdings Co (CMHHF) is currently considered Fairly Valued. The stock's GF Value™ is $1.41, compared to a current price of $1.45 — trading 2.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.03, which is 26% below median its 10-year median of 5.47 and 352.8% above the Transportation industry median of 0.89. China Merchants Port Holdings Co's overall GF Score™ is 83/100 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 China Merchants Port Holdings Co (CMHHF), the current Cyclically Adjusted PS Ratio is 4.03 as of Jul. 21, 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 Merchants Port Holdings Co (CMHHF) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Port Holdings Co stock appears to be overvalued. The current stock price of $1.45 is trading 2.8% above its estimated GF Value™ of $1.41. GuruFocus considers China Merchants Port Holdings Co to be Fairly Valued.

Key valuation signals for CMHHF:

  • Cyclically Adjusted PS Ratio: 4.03 (26% below median its 10-year median of 5.47)
  • GF Value™: $1.41 vs. price of $1.45 (2.8% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 352.8% above the Transportation median (#698 of 759)

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


China Merchants Port Holdings Co Business Description

Address 168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
China Merchants Port Holdings Co Ltd is a port service provider principally engaged in port operations, bonded logistics operations, and property investment. Its segments are port operations, bonded logistics operations, and other operations. Port operations generate maximum revenue, including container terminal operations and bulk and general cargo terminal operations conducted by the Group, its associates, and joint ventures across Mainland China, Hong Kong, and Taiwan, as well as other international locations. Bonded logistics operations include logistics park operations, port transportation, and airport cargo handling. Other operations mainly include property development and investment, logistics operations by associates, and corporate functions.
83GF Score

Get the complete analysis for CMHHF

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

$1.45
Price
$1.41
GF Value