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.
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.
Changyou International GroupHKSE:01039 +2.00% Cyclically Adjusted PS Ratio is 0.36 as of Sep. 15, 2026, which is 37% below its 10-year median of 0.57. The stock has 5 warning signs investors should review. Among 801 Retail - Cyclical companies, Changyou International Group ranks better than 62.05% on this metric.
The historical rank and industry rank for Changyou International Group's Cyclically Adjusted PS Ratio or its related term are showing as below:
HKSE:01039'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.57 Max: 1.13
Current: 0.36
During the past 13 years, Changyou International Group's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.26. And the median was 0.57.
HKSE:01039's Cyclically Adjusted PS Ratio is ranked better than 62.05% of 801
companies
in the Retail - Cyclical industry
Industry Median: 0.51
vs HKSE:01039: 0.36
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.
Changyou International Group's adjusted revenue per share data of for the fiscal year that ended in Dec25 was HK$0.115. 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$0.14 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Changyou International Group (HKSE:01039) 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.
Changyou International Group Cyclically Adjusted PS Ratio Related Terms
Changyou International Group Cyclically Adjusted PS Ratio Historical Data
* 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.
Changyou International Group Cyclically Adjusted PS Ratio Chart
HKSE:01039 vs AMZN, BABA, PDD: Cyclically Adjusted PS Ratio Comparison
For the Internet Retail subindustry, Changyou International 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.
Changyou International Group Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Changyou International Group's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Changyou International Group's Cyclically Adjusted PS Ratio falls into.
Changyou International 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.
* 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.
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 0.36 mean?
Changyou International Group (HKSE:01039) has a Cyclically Adjusted PS Ratio of 0.36 as of Sep. 15, 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 Changyou International Group and its competitors. This is 37% below median its historical median of 0.57. Over the past decade, Changyou International Group's Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.13. According to the industry distribution chart, Changyou International Group ranks #304 out of 801 companies in the Retail - Cyclical industry, placing it in the top 38%.
Is Changyou International Group's Cyclically Adjusted PS Ratio too high?
Changyou International Group's current Cyclically Adjusted PS Ratio of 0.36 is 37% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.13. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. Changyou International Group's value of 0.36 is 29.4% below this industry median. Based on the distribution chart, Changyou International Group ranks #304 out of 801 companies in the Retail - Cyclical industry, which is above the industry midpoint.
How does Changyou International Group's Cyclically Adjusted PS Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Changyou International Group ranks #304 out of 801 companies for Cyclically Adjusted PS Ratio. This puts Changyou International Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. Changyou International Group's value of 0.36 is 29.4% below this benchmark. Historically, Changyou International Group's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.13 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.51, Changyou International 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.51, based on 801 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. Changyou International Group's current Cyclically Adjusted PS Ratio of 0.36 is 29.4% 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 Changyou International Group and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changyou International Group's current Cyclically Adjusted PS Ratio is 0.36, which is 37% below 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 Changyou International Group stock overvalued right now?
Based on GuruFocus' analysis, Changyou International Group (HKSE:01039) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.05 — trading 49% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.36, which is 37% below median its 10-year median of 0.57 and 29.4% below the Retail - Cyclical industry median of 0.51. 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 Changyou International Group (HKSE:01039), the current Cyclically Adjusted PS Ratio is 0.36 as of Sep. 15, 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.
Changyou International Group Ltd is engaged in the the sales of goods in the form of virtual assets and credits for consumption of merchandises, games, services and other commercial transactions through the development and operation of an electronic trading platform to promote and facilitate awards earned by customers of loyalty programmes of other companies to be exchanged in the People's Republic of China ( PRC) and other trading business. The company mainly operates in the Digital Point segment that operates an electronic trading platform to promote and facilitate awards earned by customers of loyalty programmes of other companies to be exchanged globally in the form of virtual assets and credits for consumption of merchandises, games, services and other commercial transactions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01039 has been successfully added to your 
