China Automotive Systems (HAM:2IW) Cyclically Adjusted PS Ratio: (As of Sep. 03, 2026)

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HAM:2IW China Automotive Systems Inc HAM:2IW
78 GF Score
Price €3.98
GF Value €3.96
! 7 Warning Signs
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What is China Automotive Systems Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Automotive Systems  (HAM:2IW) 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 Automotive Systems Cyclically Adjusted PS Ratio Related Terms


China Automotive Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Automotive Systems'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 Automotive Systems Cyclically Adjusted PS Ratio Chart

China Automotive Systems 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 0.17 0.35 0.19 0.24 0.24

China Automotive Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.26 0.24 0.27 0.24 0.00

HAM:2IW vs CVGI, SES, INVZ: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, China Automotive Systems'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 Automotive Systems Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:2IW
78GF Score
China Automotive Systems Inc HAM:2IW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Automotive Systems 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 Automotive Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, China Automotive Systems'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)
=0/116.0564*116.0564
=0.000

Current CPI (Jun. 2026) = 116.0564.

China Automotive Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.802 101.400 3.207
201609 2.642 102.400 2.994
201612 4.471 102.600 5.057
201703 3.525 103.200 3.964
201706 3.309 103.100 3.725
201709 3.138 104.100 3.498
201712 3.838 104.500 4.262
201803 3.435 105.300 3.786
201806 3.402 104.900 3.764
201809 3.035 106.600 3.304
201812 3.452 106.500 3.762
201903 3.067 107.700 3.305
201906 2.971 107.700 3.202
201909 2.899 109.800 3.064
201912 3.330 111.200 3.475
202003 2.135 112.300 2.206
202006 2.370 110.400 2.491
202009 3.122 111.700 3.244
202012 3.903 111.500 4.062
202103 3.548 112.662 3.655
202106 3.244 111.769 3.368
202109 2.982 112.215 3.084
202112 3.982 113.108 4.086
202203 4.014 114.335 4.074
202206 3.899 114.558 3.950
202209 4.523 115.339 4.551
202212 4.022 115.116 4.055
202303 4.400 115.116 4.436
202306 4.201 114.558 4.256
202309 4.269 115.339 4.296
202312 4.835 114.781 4.889
202403 4.248 115.227 4.279
202406 4.881 114.781 4.935
202409 4.902 115.785 4.913
202412 5.972 114.893 6.032
202503 5.123 115.116 5.165
202506 5.065 114.907 5.116
202509 5.456 115.471 5.484
202512 6.487 115.832 6.500
202606 0.000 116.056 0.000

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 China Automotive Systems (HAM:2IW) Overvalued in 2026?

Based on GuruFocus' analysis, China Automotive Systems stock appears to be overvalued. The current stock price of €3.98 is trading 0.4% above its estimated GF Value™ of €3.96.

Key valuation signals for HAM:2IW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €3.96 vs. price of €3.98 (0.4% above fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the HAM:2IW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Automotive Systems Business Description

Other Exchanges CAAS:USA2IW:Germany
Address No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm, through its subsidiary, is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series of power steering models, including rack and pinion power steering, integral power steering, electronic power steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of its revenue from China.
78GF Score

Get the complete analysis for HAM:2IW

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

€3.98
Price
€3.96
GF Value