Metallurgical of China (HKSE:01618) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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HKSE:01618 Metallurgical Corp of China Ltd HKSE:01618
67 GF Score
Price HK$1.37
GF Value HK$1.30
Valuation Fairly Valued
! 8 Warning Signs
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What is Metallurgical of China Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Metallurgical of China  (HKSE:01618) 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.


Metallurgical of China Cyclically Adjusted PS Ratio Related Terms


Metallurgical of China Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Metallurgical of China'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.

Metallurgical of China Cyclically Adjusted PS Ratio Chart

Metallurgical of China 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 0.11 0.09 0.07 0.07 0.08

Metallurgical of China Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.07 0.11 0.08 0.07 0.05

HKSE:01618 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Metallurgical of China'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.


Metallurgical of China Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Metallurgical of China's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HKSE:01618
67GF Score
Metallurgical Corp of China Ltd HKSE:01618
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Metallurgical of China 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.

Metallurgical of China's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Metallurgical of China'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)
=4.676/116.0564*116.0564
=4.676

Current CPI (Jun. 2026) = 116.0564.

Metallurgical of China Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.757 102.400 3.125
201612 4.215 102.600 4.768
201703 2.402 103.200 2.701
201706 3.116 103.100 3.508
201709 2.809 104.100 3.132
201712 5.309 104.500 5.896
201803 3.279 105.300 3.614
201806 4.211 104.900 4.659
201809 3.067 106.600 3.339
201812 5.917 106.500 6.448
201903 3.542 107.700 3.817
201906 5.320 107.700 5.733
201909 3.719 109.800 3.931
201912 5.925 111.200 6.184
202003 3.907 112.300 4.038
202006 5.690 110.400 5.982
202009 4.723 111.700 4.907
202012 7.459 111.500 7.764
202103 5.455 112.662 5.619
202106 9.082 111.769 9.430
202109 5.714 112.215 5.910
202112 8.883 113.108 9.115
202203 7.002 114.335 7.107
202206 9.812 114.558 9.940
202209 5.961 115.339 5.998
202212 10.377 115.116 10.462
202303 7.985 115.116 8.050
202306 10.245 114.558 10.379
202309 6.922 115.339 6.965
202312 8.686 114.781 8.783
202403 7.872 115.227 7.929
202406 7.756 114.781 7.842
202409 5.974 115.785 5.988
202412 7.275 114.893 7.349
202503 6.308 115.116 6.360
202506 6.001 114.907 6.061
202509 5.144 115.471 5.170
202512 6.367 115.832 6.379
202603 5.033 116.303 5.022
202606 4.676 116.056 4.676

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 Metallurgical of China (HKSE:01618) Overvalued in 2026?

Based on GuruFocus' analysis, Metallurgical of China stock appears to be overvalued. The current stock price of HK$1.37 is trading 5% above its estimated GF Value™ of HK$1.30. GuruFocus considers Metallurgical of China to be Fairly Valued.

Key valuation signals for HKSE:01618:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: HK$1.30 vs. price of HK$1.37 (5% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the HKSE:01618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metallurgical of China Business Description

Address 28, Shuguang Xili, MCC Tower, Chaoyang District, Beijing, CHN, 100028
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating mainly in China. Its core activities include providing engineering, construction, and operational services for the iron and steel and non-ferrous metallurgy projects. The Group is also engaged in industrial construction across sectors such as electronics, precision manufacturing, light industry, petrochemicals, and power engineering, among others. Additionally, it undertakes capital construction projects, delivering full life-cycle services for urban renewal, residential, commercial, and office developments, infrastructure construction, and smart city development. The Group's reporting business segments are: Engineering Contracting, which generates the maximum revenue, and Featured Businesses.
67GF Score

Get the complete analysis for HKSE:01618

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

HK$1.37
Price
HK$1.30
GF Value