CIG Shanghai Co (FRA:35P) Cyclically Adjusted PS Ratio: (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:35P CIG Shanghai Co Ltd FRA:35P
61 GF Score
Price €7.11
GF Value €3.18
! 7 Warning Signs
View Full Analysis

What is CIG Shanghai Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIG Shanghai Co  (FRA:35P) 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.


CIG Shanghai Co Cyclically Adjusted PS Ratio Related Terms


CIG Shanghai Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CIG Shanghai 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.

CIG Shanghai Co Cyclically Adjusted PS Ratio Chart

CIG Shanghai 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 0.00 0.00 0.00 0.00 9.39

CIG Shanghai Co 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 0.00 0.00 0.00 9.39 7.07

FRA:35P vs : Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, CIG Shanghai 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.


CIG Shanghai Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, CIG Shanghai Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CIG Shanghai Co's Cyclically Adjusted PS Ratio falls into.


FRA:35P
61GF Score
CIG Shanghai Co Ltd FRA:35P
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIG Shanghai 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.

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

For example, CIG Shanghai Co'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)
=3.697/330.2130*330.2130
=3.697

Current CPI (Mar. 2026) = 330.2130.

CIG Shanghai Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 3.582 241.432 4.899
201703 2.847 243.801 3.856
201706 4.437 244.955 5.981
201709 4.209 246.819 5.631
201712 3.572 246.524 4.785
201803 4.127 249.554 5.461
201806 1.730 251.989 2.267
201809 3.959 252.439 5.179
201812 3.978 251.233 5.229
201903 3.771 254.202 4.899
201906 2.357 256.143 3.039
201909 3.285 256.759 4.225
201912 4.596 256.974 5.906
202003 2.606 258.115 3.334
202006 3.553 257.797 4.551
202009 2.769 260.280 3.513
202012 2.437 260.474 3.089
202103 3.084 264.877 3.845
202106 2.638 271.696 3.206
202109 2.363 274.310 2.845
202112 3.695 278.802 4.376
202203 1.870 287.504 2.148
202206 3.717 296.311 4.142
202209 5.583 296.808 6.211
202212 3.654 296.797 4.065
202303 4.058 301.836 4.440
202306 2.522 305.109 2.730
202309 2.161 307.789 2.318
202312 2.979 306.746 3.207
202403 3.273 312.332 3.460
202406 3.334 314.175 3.504
202409 3.775 315.301 3.954
202412 3.209 315.605 3.358
202503 3.411 319.799 3.522
202506 4.145 322.561 4.243
202509 5.007 324.800 5.090
202512 4.584 324.054 4.671
202603 3.697 330.213 3.697

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 CIG Shanghai Co (FRA:35P) Overvalued in 2026?

Based on GuruFocus' analysis, CIG Shanghai Co stock appears to be overvalued. The current stock price of €7.11 is trading 123.7% above its estimated GF Value™ of €3.18.

Key valuation signals for FRA:35P:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €3.18 vs. price of €7.11 (123.7% above fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the FRA:35P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIG Shanghai Co Business Description

Comparable Companies
Other Exchanges 06166:Hong Kong603083:China
Address 2388 Chenhang Road, Room 501, 5th FloorBuilding 8, Minhan Disctrict, Shanghai, CHN, 201114
CIG Shanghai Co Ltd operates in the communications industry, and is engaged in the research and development, production, and sales of terminal equipment for telecommunications, data communication, and enterprise networks (including telecommunications broadband, wireless networks, small cells, switches, and basic hardware for industrial IoT), as well as high-speed optical module products.
61GF Score

Get the complete analysis for FRA:35P

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

€7.11
Price
€3.18
GF Value