Hebei Yichen Industrial Group (FRA:HE2) Cyclically Adjusted PS Ratio: 0.18 (As of Aug. 14, 2026) — 89% Below Median

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:HE2 Hebei Yichen Industrial Group Corp Ltd FRA:HE2
70 GF Score
Price €0.03
GF Value €0.45
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Hebei Yichen Industrial Group Cyclically Adjusted PS Ratio?

Hebei Yichen Industrial Group FRA:HE2 +6.90% 70 Cyclically Adjusted PS Ratio is 0.18 as of Aug. 14, 2026, which is 89% below its 10-year median of 1.59. GuruFocus rates FRA:HE2 with a GF Score™ of 70/100 and a GF Value™ of €0.45 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 764 Transportation companies, Hebei Yichen Industrial Group ranks better than 88.74% on this metric.

As of today (2026-08-14), Hebei Yichen Industrial Group's current share price is €0.031. Hebei Yichen Industrial Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €0.17. Hebei Yichen Industrial Group's Cyclically Adjusted PS Ratio for today is 0.18.

The historical rank and industry rank for Hebei Yichen Industrial Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:HE2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 1.59   Max: 3.12
Current: 0.18

During the past 13 years, Hebei Yichen Industrial Group's highest Cyclically Adjusted PS Ratio was 3.12. The lowest was 0.18. And the median was 1.59.

FRA:HE2's Cyclically Adjusted PS Ratio is ranked better than
88.74% of 764 companies
in the Transportation industry
Industry Median: 0.915 vs FRA:HE2: 0.18

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.

Hebei Yichen Industrial Group's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €0.226. 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 €0.17 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hebei Yichen Industrial Group  (FRA:HE2) 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.


Hebei Yichen Industrial Group Cyclically Adjusted PS Ratio Related Terms


Hebei Yichen Industrial Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hebei Yichen Industrial 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.

Hebei Yichen Industrial Group Cyclically Adjusted PS Ratio Chart

Hebei Yichen Industrial Group 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 3.50 2.50 1.63 0.44

Hebei Yichen Industrial Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.50 0.00 1.63 0.00 0.44

FRA:HE2 vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Hebei Yichen Industrial 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.


Hebei Yichen Industrial Group Cyclically Adjusted PS Ratio vs Transportation Industry

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

* The bar in red indicates where Hebei Yichen Industrial Group's Cyclically Adjusted PS Ratio falls into.


FRA:HE2
70GF Score
Hebei Yichen Industrial Group Corp Ltd FRA:HE2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hebei Yichen Industrial 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.

Hebei Yichen Industrial Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.031/0.17
=0.18

* 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.

Hebei Yichen Industrial Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Hebei Yichen Industrial Group's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.226/115.8323*115.8323
=0.226

Current CPI (Dec25) = 115.8323.

Hebei Yichen Industrial Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.209 102.600 0.236
201712 0.138 104.500 0.153
201812 0.157 106.500 0.171
201912 0.166 111.200 0.173
202012 0.159 111.500 0.165
202112 0.208 113.108 0.213
202212 0.190 115.116 0.191
202312 0.171 114.781 0.173
202412 0.169 114.893 0.170
202512 0.226 115.832 0.226

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 0.18 mean?
Hebei Yichen Industrial Group (FRA:HE2) has a Cyclically Adjusted PS Ratio of 0.18 as of Aug. 14, 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 Hebei Yichen Industrial Group and its competitors. This is 89% below median its historical median of 1.59. Over the past decade, Hebei Yichen Industrial Group's Cyclically Adjusted PS Ratio has ranged from 0.18 to 3.12. According to the industry distribution chart, Hebei Yichen Industrial Group ranks #86 out of 764 companies in the Transportation industry, placing it in the top 11.3%.
Is Hebei Yichen Industrial Group's Cyclically Adjusted PS Ratio too high?
Hebei Yichen Industrial Group's current Cyclically Adjusted PS Ratio of 0.18 is 89% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 3.12. The Transportation industry median Cyclically Adjusted PS Ratio is 0.92. Hebei Yichen Industrial Group's value of 0.18 is 80.3% below this industry median. Based on the distribution chart, Hebei Yichen Industrial Group ranks #86 out of 764 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Hebei Yichen Industrial Group has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hebei Yichen Industrial Group's Cyclically Adjusted PS Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Hebei Yichen Industrial Group ranks #86 out of 764 companies for Cyclically Adjusted PS Ratio. This places Hebei Yichen Industrial Group in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.92. Hebei Yichen Industrial Group's value of 0.18 is 80.3% below this benchmark. Historically, Hebei Yichen Industrial Group's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 3.12 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 0.92, Hebei Yichen Industrial 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 a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.92, based on 764 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. Hebei Yichen Industrial Group's current Cyclically Adjusted PS Ratio of 0.18 is 80.3% 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 Hebei Yichen Industrial Group and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Yichen Industrial Group's current Cyclically Adjusted PS Ratio is 0.18, which is 89% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Yichen Industrial Group stock overvalued right now?
Based on GuruFocus' analysis, Hebei Yichen Industrial Group (FRA:HE2) is currently considered Possible Value Trap. The stock's GF Value™ is €0.45, compared to a current price of €0.03 — trading 93.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.18, which is 89% below median its 10-year median of 1.59 and 80.3% below the Transportation industry median of 0.92. Hebei Yichen Industrial Group's overall GF Score™ is 70/100 with 3 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 Hebei Yichen Industrial Group (FRA:HE2), the current Cyclically Adjusted PS Ratio is 0.18 as of Aug. 14, 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 Hebei Yichen Industrial Group (FRA:HE2) Overvalued in 2026?

Based on GuruFocus' analysis, Hebei Yichen Industrial Group stock appears to be undervalued. The current stock price of €0.03 is trading 93.1% below its estimated GF Value™ of €0.45. GuruFocus considers Hebei Yichen Industrial Group to be Possible Value Trap.

Key valuation signals for FRA:HE2:

  • Cyclically Adjusted PS Ratio: 0.18 (89% below median its 10-year median of 1.59)
  • GF Value™: €0.45 vs. price of €0.03 (93.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 80.3% below the Transportation median (#86 of 764)

No single metric tells the full story. See the FRA:HE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hebei Yichen Industrial Group Business Description

Other Exchanges 01596:Hong Kong
Address No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN
Hebei Yichen Industrial Group Corp Ltd is engaged in research and development, manufacturing and sales of rail fastening system products, welding wire products and railway sleeper products. Its products include Spring bar IV fastening system, Spring bar V fastening system, WJ-7 fastening system, DT-VI2 fastening system, WJ-2 fastening system, Double layer non-linear shock absorber fastening system, among others. It operates in three business segments, including rail fastening system products; welding wire products; and railway sleeper products.
70GF Score

Get the complete analysis for FRA:HE2

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

€0.03
Price
€0.45
GF Value