China Automotive Systems (FRA:2IW) Cyclically Adjusted PS Ratio: (As of Sep. 14, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:2IW China Automotive Systems Inc FRA:2IW
78 GF Score
Price €4.56
GF Value €4.59
Valuation Fairly Valued
! 5 Warning Signs
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What is China Automotive Systems Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Automotive Systems  (FRA:2IW) 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 Automotive Systems Cyclically Adjusted PS Ratio Related Terms


China Automotive Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Automotive Systems'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 Automotive Systems Cyclically Adjusted PS Ratio Chart

China Automotive Systems 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 0.17 0.35 0.20 0.24 0.24

China Automotive Systems Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.21 0.24 0.24 0.24 0.00

FRA:2IW vs CVGI, SES, INVZ: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, China Automotive Systems'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 Automotive Systems Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:2IW
78GF Score
China Automotive Systems Inc FRA:2IW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Automotive Systems 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 Automotive Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, China Automotive Systems's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.866/116.0564*116.0564
=11.866

Current CPI (Jun. 2026) = 116.0564.

China Automotive Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200612 1.632 77.793 2.435
200706 2.012 79.357 2.942
200712 1.976 82.911 2.766
200806 2.065 85.058 2.818
200812 1.876 83.956 2.593
200906 2.413 83.615 3.349
200912 3.793 85.386 5.155
201006 4.389 85.886 5.931
201012 4.257 89.289 5.533
201106 3.621 91.612 4.587
201112 3.986 92.885 4.980
201206 4.549 93.495 5.647
201212 4.718 95.237 5.749
201306 5.271 95.984 6.373
201312 5.727 97.624 6.808
201406 6.026 98.200 7.122
201412 6.609 99.000 7.748
201506 6.449 99.500 7.522
201512 6.025 100.600 6.951
201606 6.040 101.400 6.913
201612 7.244 102.600 8.194
201706 6.664 103.100 7.501
201712 6.998 104.500 7.772
201806 7.027 104.900 7.774
201812 6.565 106.500 7.154
201906 6.038 107.700 6.506
201912 6.193 111.200 6.463
202006 4.465 110.400 4.694
202012 6.901 111.500 7.183
202106 6.750 111.769 7.009
202112 7.086 113.108 7.271
202206 8.082 114.558 8.188
202212 8.195 115.116 8.262
202306 8.550 114.558 8.662
202312 9.012 114.781 9.112
202406 9.171 114.781 9.273
202412 11.166 114.893 11.279
202506 9.866 114.907 9.965
202512 11.956 115.832 11.979
202606 11.866 116.056 11.866

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 Automotive Systems (FRA:2IW) Overvalued in 2026?

Based on GuruFocus' analysis, China Automotive Systems stock appears to be undervalued. The current stock price of €4.56 is trading 0.7% below its estimated GF Value™ of €4.59. GuruFocus considers China Automotive Systems to be Fairly Valued.

Key valuation signals for FRA:2IW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €4.59 vs. price of €4.56 (0.7% below fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the FRA:2IW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Automotive Systems Business Description

Other Exchanges CAAS:USA
Address No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm, through its subsidiary, is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series of power steering models, including rack and pinion power steering, integral power steering, electronic power steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of its revenue from China.
78GF Score

Get the complete analysis for FRA:2IW

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

€4.56
Price
€4.59
GF Value