Futong Technology Development Holdings (HKSE:00465) Cyclically Adjusted PS Ratio: 0.71 (As of Jul. 28, 2026) — 1320% Above 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.

HKSE:00465 Futong Technology Development Holdings Ltd HKSE:00465
26 GF Score
Price HK$3.24
GF Value HK$0.20
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Futong Technology Development Holdings Cyclically Adjusted PS Ratio?

Futong Technology Development Holdings HKSE:00465 -0.31% 26 Cyclically Adjusted PS Ratio is 0.71 as of Jul. 28, 2026, which is 1320% above its 10-year median of 0.05. GuruFocus rates HKSE:00465 with a GF Score™ of 26/100 and a GF Value™ of HK$0.20 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,591 Software companies, Futong Technology Development Holdings ranks better than 71.09% on this metric.

As of today (2026-07-28), Futong Technology Development Holdings's current share price is HK$3.24. Futong Technology Development Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was HK$4.58. Futong Technology Development Holdings's Cyclically Adjusted PS Ratio for today is 0.71.

The historical rank and industry rank for Futong Technology Development Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:00465' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 1.19
Current: 0.74

During the past 13 years, Futong Technology Development Holdings's highest Cyclically Adjusted PS Ratio was 1.19. The lowest was 0.03. And the median was 0.05.

HKSE:00465's Cyclically Adjusted PS Ratio is ranked better than
71.09% of 1591 companies
in the Software industry
Industry Median: 1.59 vs HKSE:00465: 0.74

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.

Futong Technology Development Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec25 was HK$0.442. 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 HK$4.58 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Futong Technology Development Holdings  (HKSE:00465) 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.


Futong Technology Development Holdings Cyclically Adjusted PS Ratio Related Terms


Futong Technology Development Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Futong Technology Development Holdings'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.

Futong Technology Development Holdings Cyclically Adjusted PS Ratio Chart

Futong Technology Development Holdings 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 0.05 0.04 0.04 0.05 0.16

Futong Technology Development Holdings 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 0.04 0.00 0.05 0.00 0.16

HKSE:00465 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Futong Technology Development Holdings'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.


Futong Technology Development Holdings Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Futong Technology Development Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Futong Technology Development Holdings's Cyclically Adjusted PS Ratio falls into.


HKSE:00465
26GF Score
Futong Technology Development Holdings Ltd HKSE:00465
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Futong Technology Development Holdings 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.

Futong Technology Development Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.24/4.58
=0.71

* 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.

Futong Technology Development Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Futong Technology Development Holdings'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)
=0.442/115.8323*115.8323
=0.442

Current CPI (Dec25) = 115.8323.

Futong Technology Development Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 12.392 102.600 13.990
201712 13.945 104.500 15.457
201812 6.486 106.500 7.054
201912 3.034 111.200 3.160
202012 2.347 111.500 2.438
202112 0.925 113.108 0.947
202212 1.231 115.116 1.239
202312 0.512 114.781 0.517
202412 0.516 114.893 0.520
202512 0.442 115.832 0.442

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 0.71 mean?
Futong Technology Development Holdings (HKSE:00465) has a Cyclically Adjusted PS Ratio of 0.71 as of Jul. 28, 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 Futong Technology Development Holdings and its competitors. This is 1320% above median its historical median of 0.05. Over the past decade, Futong Technology Development Holdings' Cyclically Adjusted PS Ratio has ranged from 0.03 to 1.19. According to the industry distribution chart, Futong Technology Development Holdings ranks #460 out of 1591 companies in the Software industry, placing it in the top 28.9%.
Is Futong Technology Development Holdings' Cyclically Adjusted PS Ratio too high?
Futong Technology Development Holdings' current Cyclically Adjusted PS Ratio of 0.71 is 1320% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.19. The Software industry median Cyclically Adjusted PS Ratio is 1.59. Futong Technology Development Holdings' value of 0.71 is 55.3% below this industry median. Based on the distribution chart, Futong Technology Development Holdings ranks #460 out of 1591 companies in the Software industry, which is above the industry midpoint. Overall, Futong Technology Development Holdings has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Futong Technology Development Holdings' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Futong Technology Development Holdings ranks #460 out of 1591 companies for Cyclically Adjusted PS Ratio. This puts Futong Technology Development Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.59. Futong Technology Development Holdings' value of 0.71 is 55.3% below this benchmark. Historically, Futong Technology Development Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.03 to 1.19 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 1.59, Futong Technology Development Holdings 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.59, based on 1,591 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. Futong Technology Development Holdings's current Cyclically Adjusted PS Ratio of 0.71 is 55.3% 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 Futong Technology Development Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futong Technology Development Holdings's current Cyclically Adjusted PS Ratio is 0.71, which is 1320% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futong Technology Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Futong Technology Development Holdings (HKSE:00465) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$3.24 — trading 1520% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.71, which is 1320% above median its 10-year median of 0.05 and 55.3% below the Software industry median of 1.59. Futong Technology Development Holdings' overall GF Score™ is 26/100 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 Futong Technology Development Holdings (HKSE:00465), the current Cyclically Adjusted PS Ratio is 0.71 as of Jul. 28, 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 Futong Technology Development Holdings (HKSE:00465) Overvalued in 2026?

Based on GuruFocus' analysis, Futong Technology Development Holdings stock appears to be overvalued. The current stock price of HK$3.24 is trading 1520% above its estimated GF Value™ of HK$0.20. GuruFocus considers Futong Technology Development Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00465:

  • Cyclically Adjusted PS Ratio: 0.71 (1320% above median its 10-year median of 0.05)
  • GF Value™: HK$0.20 vs. price of HK$3.24 (1520% above fair value)
  • GF Score™: 26/100 with 3 warning signs
  • Industry Position: 55.3% below the Software median (#460 of 1591)

No single metric tells the full story. See the HKSE:00465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Futong Technology Development Holdings Business Description

Address No. 26 Chaowai Street, Units B1901 on level 19 and B2001 on level 20 of Tower B, Chaowaimen Office Center, Chaoyang District, Beijing, CHN
Futong Technology Development Holdings Ltd is an enterprise digital transformation services provider in China. It uses technologies such as cloud computing and AI to provide enterprise customers with digital products, solutions, and professional IT services. The Group's two key product offerings are Cloud Intelligence and Data Intelligence. Maximum revenue is derived from Cloud Intelligence product offerings, which include its proprietary cloud-computing products, including CloudScape, CloudOne, CloudShare, CloudObs, and CloudAtlas. The Data Intelligence products include Voice of Customer, IntelligenceCore Data Workshop, and IntelligenceCore AI Agent Management Platform, among others, integrating AI technology into the different business scenarios of customers in various industries.
26GF Score

Get the complete analysis for HKSE:00465

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

HK$3.24
Price
HK$0.20
GF Value