CRRC (FRA:C2L) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:C2L CRRC Corp Ltd FRA:C2L
88 GF Score
Price €0.61
GF Value €0.66
! 1 Warning Sign
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What is CRRC Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CRRC  (FRA:C2L) 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.


CRRC Cyclically Adjusted PS Ratio Related Terms


CRRC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CRRC'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.

CRRC Cyclically Adjusted PS Ratio Chart

CRRC 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 0.34 0.33 0.35 0.55 0.56

CRRC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.55 0.54 0.56 0.55 0.56

FRA:C2L vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, CRRC'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.


CRRC Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, CRRC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:C2L
88GF Score
CRRC Corp Ltd FRA:C2L
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CRRC 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.

CRRC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CRRC'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)
=0.343/116.0564*116.0564
=0.343

Current CPI (Jun. 2026) = 116.0564.

CRRC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.162 98.600 0.191
201409 0.528 98.900 0.620
201503 0.418 99.900 0.486
201509 0.288 100.500 0.333
201603 0.205 102.200 0.233
201609 0.260 102.400 0.295
201703 0.159 103.200 0.179
201709 0.231 104.100 0.258
201803 0.147 105.300 0.162
201809 0.216 106.600 0.235
201903 0.180 107.700 0.194
201906 0.246 107.700 0.265
201909 0.261 109.800 0.276
201912 0.333 111.200 0.348
202003 0.151 112.300 0.156
202006 0.250 110.400 0.263
202009 0.243 111.700 0.252
202012 0.340 111.500 0.354
202103 0.186 112.662 0.192
202106 0.239 111.769 0.248
202109 0.224 112.215 0.232
202112 0.384 113.108 0.394
202203 0.150 114.335 0.152
202206 0.251 114.558 0.254
202209 0.274 115.339 0.276
202212 0.420 115.116 0.423
202303 0.154 115.116 0.155
202306 0.251 114.558 0.254
202309 0.246 115.339 0.248
202312 0.409 114.781 0.414
202403 0.144 115.227 0.145
202406 0.259 114.781 0.262
202409 0.277 115.785 0.278
202412 0.427 114.893 0.431
202503 0.221 115.116 0.223
202506 0.302 114.907 0.305
202509 0.267 115.471 0.268
202512 0.377 115.832 0.378
202603 0.231 116.303 0.231
202606 0.343 116.056 0.343

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 CRRC (FRA:C2L) Overvalued in 2026?

Based on GuruFocus' analysis, CRRC stock appears to be undervalued. The current stock price of €0.61 is trading 7.6% below its estimated GF Value™ of €0.66.

Key valuation signals for FRA:C2L:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.66 vs. price of €0.61 (7.6% below fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the FRA:C2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRRC Business Description

Other Exchanges 01766:Hong Kong601766:China
Address No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
CRRC Corp Ltd is engaged in research and development, design, manufacturing, refurbishment, sales, leasing and technical services of railway locomotives, MUs, urban rail transit vehicles, engineering machinery, various electromechanical equipment, electronic equipment and components, as well as electronic devices and environmental protection equipment; information consultation; industry investment and management; asset management; import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.
88GF Score

Get the complete analysis for FRA:C2L

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

€0.61
Price
€0.66
GF Value