CWAFF (China Water Affairs Group) Cyclically Adjusted PS Ratio: 0.83 (As of Jul. 12, 2026) — 55% Below Median


CWAFF China Water Affairs Group Ltd CWAFF
40 GF Score
Price $0.62
GF Value $0.56
Valuation Modestly Overvalued
! 10 Warning Signs
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What is China Water Affairs Group Cyclically Adjusted PS Ratio?

China Water Affairs Group CWAFF 40 Cyclically Adjusted PS Ratio is 0.83 as of Jul. 12, 2026, which is 55% below its 10-year median of 1.85. GuruFocus rates CWAFF with a GF Score™ of 40/100 and a GF Value™ of $0.56 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 441 Utilities - Regulated companies, China Water Affairs Group ranks better than 72.11% on this metric.

As of today (2026-07-12), China Water Affairs Group's current share price is $0.62. China Water Affairs Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar25 was $0.75. China Water Affairs Group's Cyclically Adjusted PS Ratio for today is 0.83.

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

CWAFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.85   Max: 4.55
Current: 0.7

During the past 13 years, China Water Affairs Group's highest Cyclically Adjusted PS Ratio was 4.55. The lowest was 0.69. And the median was 1.85.

CWAFF's Cyclically Adjusted PS Ratio is ranked better than
72.11% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs CWAFF: 0.70

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 Water Affairs Group's adjusted revenue per share data of for the fiscal year that ended in Mar25 was $0.919. 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 $0.75 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Water Affairs Group  (OTCPK:CWAFF) 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 Water Affairs Group Cyclically Adjusted PS Ratio Related Terms


China Water Affairs Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Water Affairs Group'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 Water Affairs Group Cyclically Adjusted PS Ratio Chart

China Water Affairs Group 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 1.94 1.23 0.78 1.05 0.00

China Water Affairs Group 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 0.78 0.00 1.05 0.00 0.00

CWAFF vs AWK, WTRG, AWR: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, China Water Affairs Group'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 Water Affairs Group Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where China Water Affairs Group's Cyclically Adjusted PS Ratio falls into.


CWAFF
40GF Score
China Water Affairs Group Ltd CWAFF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Water Affairs Group 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 Water Affairs Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.62/0.75
=0.83

* 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 Water Affairs Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar25 is calculated as:

For example, China Water Affairs Group's adjusted Revenue per Share data for the fiscal year that ended in Mar25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=0.919/119.3844*119.3844
=0.919

Current CPI (Mar25) = 119.3844.

China Water Affairs Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.403 102.785 0.468
201703 0.477 103.335 0.551
201803 0.609 105.973 0.686
201903 0.657 108.172 0.725
202003 0.697 110.920 0.750
202103 0.816 111.579 0.873
202203 1.014 113.558 1.066
202303 1.108 115.427 1.146
202403 1.007 117.735 1.021
202503 0.919 119.384 0.919

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 0.83 mean?
China Water Affairs Group (CWAFF) has a Cyclically Adjusted PS Ratio of 0.83 as of Jul. 12, 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 Water Affairs Group and its competitors. This is 55% below median its historical median of 1.85. Over the past decade, China Water Affairs Group's Cyclically Adjusted PS Ratio has ranged from 0.69 to 4.55. According to the industry distribution chart, China Water Affairs Group ranks #123 out of 441 companies in the Utilities - Regulated industry, placing it in the top 27.9%.
Is China Water Affairs Group's Cyclically Adjusted PS Ratio too high?
China Water Affairs Group's current Cyclically Adjusted PS Ratio of 0.83 is 55% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.55. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.41. China Water Affairs Group's value of 0.83 is 41.1% below this industry median. Based on the distribution chart, China Water Affairs Group ranks #123 out of 441 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, China Water Affairs Group has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Water Affairs Group's Cyclically Adjusted PS Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, China Water Affairs Group ranks #123 out of 441 companies for Cyclically Adjusted PS Ratio. This puts China Water Affairs Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. China Water Affairs Group's value of 0.83 is 41.1% below this benchmark. Historically, China Water Affairs Group's own Cyclically Adjusted PS Ratio has ranged from 0.69 to 4.55 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 1.41, China Water Affairs Group 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 Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.41, based on 441 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 Water Affairs Group's current Cyclically Adjusted PS Ratio of 0.83 is 41.1% 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 China Water Affairs Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Water Affairs Group's current Cyclically Adjusted PS Ratio is 0.83, which is 55% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Water Affairs Group stock overvalued right now?
Based on GuruFocus' analysis, China Water Affairs Group (CWAFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.56, compared to a current price of $0.62 — trading 10.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.83, which is 55% below median its 10-year median of 1.85 and 41.1% below the Utilities - Regulated industry median of 1.41. China Water Affairs Group's overall GF Score™ is 40/100 with 10 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 Water Affairs Group (CWAFF), the current Cyclically Adjusted PS Ratio is 0.83 as of Jul. 12, 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 Water Affairs Group (CWAFF) Overvalued in 2026?

Based on GuruFocus' analysis, China Water Affairs Group stock appears to be overvalued. The current stock price of $0.62 is trading 10.7% above its estimated GF Value™ of $0.56. GuruFocus considers China Water Affairs Group to be Modestly Overvalued.

Key valuation signals for CWAFF:

  • Cyclically Adjusted PS Ratio: 0.83 (55% below median its 10-year median of 1.85)
  • GF Value™: $0.56 vs. price of $0.62 (10.7% above fair value)
  • GF Score™: 40/100 with 10 warning signs
  • Industry Position: 41.1% below the Utilities - Regulated median (#123 of 441)

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


China Water Affairs Group Business Description

Other Exchanges 00855:Hong KongCUBB:Germany
Address 18 Harbour Road, Central Plaza, Suite 6408, 64th Floor, Wanchai, Hong Kong, HKG
China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a maximum share of its revenue from the People's Republic of China.
40GF Score

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

$0.62
Price
$0.56
GF Value