China Unicom (Hong Kong) (FRA:XCI) Cyclically Adjusted PS Ratio: 0.55 (As of Jul. 20, 2026) — Near Median

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FRA:XCI China Unicom (Hong Kong) Ltd FRA:XCI
83 GF Score
Price €0.78
GF Value €0.91
! 3 Warning Signs
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What is China Unicom (Hong Kong) Cyclically Adjusted PS Ratio?

China Unicom (Hong Kong) FRA:XCI 83 Cyclically Adjusted PS Ratio is 0.55 as of Jul. 20, 2026, which is 4% below its 10-year median of 0.57. GuruFocus rates FRA:XCI with a GF Score™ of 83/100 and a GF Value™ of €0.91. The stock has 3 warning signs investors should review. Among 302 Telecommunication Services companies, China Unicom (Hong Kong) ranks better than 78.15% on this metric.

As of today (2026-07-20), China Unicom (Hong Kong)'s current share price is €0.78. China Unicom (Hong Kong)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €1.41. China Unicom (Hong Kong)'s Cyclically Adjusted PS Ratio for today is 0.55.

The historical rank and industry rank for China Unicom (Hong Kong)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:XCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.57   Max: 0.9
Current: 0.46

During the past years, China Unicom (Hong Kong)'s highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.27. And the median was 0.57.

FRA:XCI's Cyclically Adjusted PS Ratio is ranked better than
78.15% of 302 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs FRA:XCI: 0.46

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.

China Unicom (Hong Kong)'s adjusted revenue per share data for the three months ended in Dec. 2025 was €0.393. 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 €1.41 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Unicom (Hong Kong)  (FRA:XCI) 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 Unicom (Hong Kong) Cyclically Adjusted PS Ratio Related Terms


China Unicom (Hong Kong) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Unicom (Hong Kong)'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 Unicom (Hong Kong) Cyclically Adjusted PS Ratio Chart

China Unicom (Hong Kong) 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 0.34 0.52 0.55

China Unicom (Hong Kong) Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Dec22 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 0.62 0.67 0.63 0.55 0.00

FRA:XCI vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, China Unicom (Hong Kong)'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 Unicom (Hong Kong) Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s Cyclically Adjusted PS Ratio falls into.


FRA:XCI
83GF Score
China Unicom (Hong Kong) Ltd FRA:XCI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Unicom (Hong Kong) 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 Unicom (Hong Kong)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.78/1.41
=0.55

* 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 Unicom (Hong Kong)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, China Unicom (Hong Kong)'s adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.393/120.7036*120.7036
=0.393

Current CPI (Dec. 2025) = 120.7036.

China Unicom (Hong Kong) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.460 99.927 0.556
201506 0.406 99.267 0.494
201509 0.393 99.927 0.475
201512 0.387 102.015 0.458
201603 0.406 102.785 0.477
201606 0.394 101.686 0.468
201609 0.373 102.565 0.439
201612 0.384 103.225 0.449
201703 0.391 103.335 0.457
201706 0.378 103.664 0.440
201709 0.361 103.994 0.419
201712 0.289 104.984 0.332
201803 0.314 105.973 0.358
201806 0.321 106.193 0.365
201809 0.288 106.852 0.325
201812 0.297 107.622 0.333
201903 0.315 108.172 0.351
201906 0.301 109.601 0.331
201909 0.301 110.260 0.330
201912 0.308 110.700 0.336
202003 0.311 110.920 0.338
202006 0.314 110.590 0.343
202009 0.305 107.512 0.342
202012 0.322 109.711 0.354
202103 0.347 111.579 0.375
202106 0.346 111.360 0.375
202112 0.000 112.349 0.000
202206 0.000 113.448 0.000
202212 0.000 114.548 0.000
202306 0.000 115.647 0.000
202309 0.377 116.087 0.392
202312 0.382 117.296 0.393
202403 0.415 117.735 0.425
202406 0.409 117.296 0.421
202409 0.386 118.615 0.393
202412 0.426 118.945 0.432
202503 0.431 119.384 0.436
202506 0.382 119.055 0.387
202509 0.363 119.934 0.365
202512 0.393 120.704 0.393

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 0.55 mean?
China Unicom (Hong Kong) (FRA:XCI) has a Cyclically Adjusted PS Ratio of 0.55 as of Jul. 20, 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 China Unicom (Hong Kong) and its competitors. This is near median its historical median of 0.57. Over the past decade, China Unicom (Hong Kong)'s Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.90. According to the industry distribution chart, China Unicom (Hong Kong) ranks #66 out of 302 companies in the Telecommunication Services industry, placing it in the top 21.9%.
Is China Unicom (Hong Kong)'s Cyclically Adjusted PS Ratio too high?
China Unicom (Hong Kong)'s current Cyclically Adjusted PS Ratio of 0.55 is near median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.90. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. China Unicom (Hong Kong)'s value of 0.55 is 52.6% below this industry median. Based on the distribution chart, China Unicom (Hong Kong) ranks #66 out of 302 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, China Unicom (Hong Kong) has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does China Unicom (Hong Kong)'s Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, China Unicom (Hong Kong) ranks #66 out of 302 companies for Cyclically Adjusted PS Ratio. This places China Unicom (Hong Kong) in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.16. China Unicom (Hong Kong)'s value of 0.55 is 52.6% below this benchmark. Historically, China Unicom (Hong Kong)'s own Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.90 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.16, China Unicom (Hong Kong) 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.16, based on 302 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. China Unicom (Hong Kong)'s current Cyclically Adjusted PS Ratio of 0.55 is 52.6% 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 China Unicom (Hong Kong) and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Unicom (Hong Kong)'s current Cyclically Adjusted PS Ratio is 0.55, which is near median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Unicom (Hong Kong) stock overvalued right now?
China Unicom (Hong Kong) (FRA:XCI) has a current Cyclically Adjusted PS Ratio of 0.55. The stock's GF Value™ is €0.91, compared to a current price of €0.78 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.55, which is near median its 10-year median of 0.57 and 52.6% below the Telecommunication Services industry median of 1.16. China Unicom (Hong Kong)'s overall GF Score™ is 83/100 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 China Unicom (Hong Kong) (FRA:XCI), the current Cyclically Adjusted PS Ratio is 0.55 as of Jul. 20, 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 China Unicom (Hong Kong) (FRA:XCI) Overvalued in 2026?

Based on GuruFocus' analysis, China Unicom (Hong Kong) stock appears to be undervalued. The current stock price of €0.78 is trading 14.3% below its estimated GF Value™ of €0.91.

Key valuation signals for FRA:XCI:

  • Cyclically Adjusted PS Ratio: 0.55 (near median its 10-year median of 0.57)
  • GF Value™: €0.91 vs. price of €0.78 (14.3% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 52.6% below the Telecommunication Services median (#66 of 302)

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


China Unicom (Hong Kong) Business Description

Other Exchanges 00762:Hong Kong
Address 99 Queen\'s Road Central, 75th Floor, The Center, Hong Kong, HKG
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As of June 2025, it had around 355 million billing wireless customers and over 125 million fixed-line subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China with 420,000 cabinets and its Cloud Service revenue is also showing strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.
83GF Score

Get the complete analysis for FRA:XCI

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

€0.78
Price
€0.91
GF Value