Angang Steel Co (FRA:GNV) Cyclically Adjusted PS Ratio: 0.15 (As of Aug. 12, 2026) — 52% Below Median

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FRA:GNV Angang Steel Co Ltd FRA:GNV
52 GF Score
Price €0.12
GF Value €0.13
! 5 Warning Signs
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What is Angang Steel Co Cyclically Adjusted PS Ratio?

Angang Steel Co FRA:GNV -4.88% 52 Cyclically Adjusted PS Ratio is 0.15 as of Aug. 12, 2026, which is 52% below its 10-year median of 0.31. GuruFocus rates FRA:GNV with a GF Score™ of 52/100 and a GF Value™ of €0.13. The stock has 5 warning signs investors should review. Among 518 Steel companies, Angang Steel Co ranks better than 82.43% on this metric.

As of today (2026-08-12), Angang Steel Co's current share price is €0.117. Angang Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.77. Angang Steel Co's Cyclically Adjusted PS Ratio for today is 0.15.

The historical rank and industry rank for Angang Steel Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:GNV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.31   Max: 0.68
Current: 0.17

During the past years, Angang Steel Co's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.16. And the median was 0.31.

FRA:GNV's Cyclically Adjusted PS Ratio is ranked better than
82.43% of 518 companies
in the Steel industry
Industry Median: 0.46 vs FRA:GNV: 0.17

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.

Angang Steel Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.296. 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 €0.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Angang Steel Co  (FRA:GNV) 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.


Angang Steel Co Cyclically Adjusted PS Ratio Related Terms


Angang Steel Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Angang Steel 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.

Angang Steel Co Cyclically Adjusted PS Ratio Chart

Angang Steel 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 0.38 0.26 0.23 0.22 0.22

Angang Steel 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 0.22 0.21 0.23 0.22 0.21

FRA:GNV vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Angang Steel 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.


Angang Steel Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Angang Steel Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:GNV
52GF Score
Angang Steel Co Ltd FRA:GNV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Angang Steel 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.

Angang Steel Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.117/0.77
=0.15

* 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.

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

For example, Angang Steel 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)
=0.296/116.3033*116.3033
=0.296

Current CPI (Mar. 2026) = 116.3033.

Angang Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.199 101.400 0.228
201609 0.223 102.400 0.253
201612 0.244 102.600 0.277
201703 0.280 103.200 0.316
201706 0.273 103.100 0.308
201709 0.315 104.100 0.352
201712 0.353 104.500 0.393
201803 0.321 105.300 0.355
201806 0.383 104.900 0.425
201809 0.354 106.600 0.386
201812 0.372 106.500 0.406
201903 0.317 107.700 0.342
201906 0.365 107.700 0.394
201909 0.365 109.800 0.387
201912 0.377 111.200 0.394
202003 0.278 112.300 0.288
202006 0.323 110.400 0.340
202009 0.329 111.700 0.343
202012 0.355 111.500 0.370
202103 0.432 112.662 0.446
202106 0.545 111.769 0.567
202109 0.487 112.215 0.505
202112 0.392 113.108 0.403
202203 0.519 114.335 0.528
202206 0.527 114.558 0.535
202209 0.505 115.339 0.509
202212 0.350 115.116 0.354
202303 0.477 115.116 0.482
202306 0.375 114.558 0.381
202309 0.354 115.339 0.357
202312 0.407 114.781 0.412
202403 0.378 115.227 0.382
202406 0.379 114.781 0.384
202409 0.323 115.785 0.324
202412 0.361 114.893 0.365
202503 0.341 115.116 0.345
202506 0.303 114.907 0.307
202509 0.314 115.471 0.316
202512 0.296 115.832 0.297
202603 0.296 116.303 0.296

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 0.15 mean?
Angang Steel Co (FRA:GNV) has a Cyclically Adjusted PS Ratio of 0.15 as of Aug. 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 Angang Steel Co and its competitors. This is 52% below median its historical median of 0.31. Over the past decade, Angang Steel Co's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.68. According to the industry distribution chart, Angang Steel Co ranks #91 out of 518 companies in the Steel industry, placing it in the top 17.6%.
Is Angang Steel Co's Cyclically Adjusted PS Ratio too high?
Angang Steel Co's current Cyclically Adjusted PS Ratio of 0.15 is 52% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.68. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Angang Steel Co's value of 0.15 is 67.4% below this industry median. Based on the distribution chart, Angang Steel Co ranks #91 out of 518 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Angang Steel Co has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Angang Steel Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Angang Steel Co ranks #91 out of 518 companies for Cyclically Adjusted PS Ratio. This places Angang Steel Co in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.46. Angang Steel Co's value of 0.15 is 67.4% below this benchmark. Historically, Angang Steel Co's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.68 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.46, Angang Steel Co 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 518 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. Angang Steel Co's current Cyclically Adjusted PS Ratio of 0.15 is 67.4% 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 Angang Steel Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angang Steel Co's current Cyclically Adjusted PS Ratio is 0.15, which is 52% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angang Steel Co stock overvalued right now?
Angang Steel Co (FRA:GNV) has a current Cyclically Adjusted PS Ratio of 0.15. The stock's GF Value™ is €0.13, compared to a current price of €0.12 — trading 10% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.15, which is 52% below median its 10-year median of 0.31 and 67.4% below the Steel industry median of 0.46. Angang Steel Co's overall GF Score™ is 52/100 with 5 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 Angang Steel Co (FRA:GNV), the current Cyclically Adjusted PS Ratio is 0.15 as of Aug. 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 Angang Steel Co (FRA:GNV) Overvalued in 2026?

Based on GuruFocus' analysis, Angang Steel Co stock appears to be undervalued. The current stock price of €0.12 is trading 10% below its estimated GF Value™ of €0.13.

Key valuation signals for FRA:GNV:

  • Cyclically Adjusted PS Ratio: 0.15 (52% below median its 10-year median of 0.31)
  • GF Value™: €0.13 vs. price of €0.12 (10% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 67.4% below the Steel median (#91 of 518)

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


Angang Steel Co Business Description

Address Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the iron and steel manufacturing industry, and at the same time focuses on developing emerging industries related to its core iron and steel business, including steel processing and distribution, the chemical industry, green energy, and resource recycling and utilization. The company is classified into the following operating segments based on the type of business: production and sale of steel products. Its products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. Geographically, the company derives a majority of its revenue from China, and also exports its products to other regions.
52GF Score

Get the complete analysis for FRA:GNV

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

€0.12
Price
€0.13
GF Value