China Metal Resources Utilization (HKSE:01636) Cyclically Adjusted PS Ratio: 0.01 (As of Sep. 22, 2026) — Near 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:01636 China Metal Resources Utilization Ltd HKSE:01636
21 GF Score
Price HK$0.31
GF Value HK$0.11
! 6 Warning Signs
View Full Analysis

What is China Metal Resources Utilization Cyclically Adjusted PS Ratio?

China Metal Resources Utilization HKSE:01636 21 Cyclically Adjusted PS Ratio is 0.01 as of Sep. 22, 2026, which is at its 10-year median of 0.01. GuruFocus rates HKSE:01636 with a GF Score™ of 21/100 and a GF Value™ of HK$0.11. The stock has 6 warning signs investors should review.

As of today (2026-09-22), China Metal Resources Utilization's current share price is HK$0.31. China Metal Resources Utilization's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was HK$42.92. China Metal Resources Utilization's Cyclically Adjusted PS Ratio for today is 0.01.

The historical rank and industry rank for China Metal Resources Utilization's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:01636' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.05
Current: 0.01

During the past 13 years, China Metal Resources Utilization's highest Cyclically Adjusted PS Ratio was 0.05. The lowest was 0.01. And the median was 0.01.

HKSE:01636's Cyclically Adjusted PS Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.29 vs HKSE:01636: 0.01

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 Metal Resources Utilization's adjusted revenue per share data of for the fiscal year that ended in Dec24 was HK$1.132. 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$42.92 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Metal Resources Utilization  (HKSE:01636) 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 Metal Resources Utilization Cyclically Adjusted PS Ratio Related Terms


China Metal Resources Utilization Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Metal Resources Utilization'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 Metal Resources Utilization Cyclically Adjusted PS Ratio Chart

China Metal Resources Utilization Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

China Metal Resources Utilization Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 - - - - 0.02

HKSE:01636 vs SCCO, FCX: Cyclically Adjusted PS Ratio Comparison

For the Copper subindustry, China Metal Resources Utilization'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 Metal Resources Utilization Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Metal Resources Utilization's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Metal Resources Utilization's Cyclically Adjusted PS Ratio falls into.


HKSE:01636
21GF Score
China Metal Resources Utilization Ltd HKSE:01636
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Metal Resources Utilization 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 Metal Resources Utilization's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.31/42.915
=0.01

* 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 Metal Resources Utilization's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, China Metal Resources Utilization's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=1.132/114.8925*114.8925
=1.132

Current CPI (Dec24) = 114.8925.

China Metal Resources Utilization Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 10.493 100.600 11.984
201612 26.610 102.600 29.798
201712 63.636 104.500 69.965
201812 92.235 106.500 99.503
201912 102.715 111.200 106.126
202012 70.396 111.500 72.538
202112 29.164 113.108 29.624
202212 6.423 115.116 6.411
202312 2.065 114.781 2.067
202412 1.132 114.893 1.132

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 0.01 mean?
China Metal Resources Utilization (HKSE:01636) has a Cyclically Adjusted PS Ratio of 0.01 as of Sep. 22, 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 Metal Resources Utilization and its competitors. This is near median its historical median of 0.01. Over the past decade, China Metal Resources Utilization's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.05.
Is China Metal Resources Utilization's Cyclically Adjusted PS Ratio too high?
China Metal Resources Utilization's current Cyclically Adjusted PS Ratio of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.05. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.29. China Metal Resources Utilization's value of 0.01 is 99.6% below this industry median. Overall, China Metal Resources Utilization has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Metal Resources Utilization's Cyclically Adjusted PS Ratio compare to SCCO and FCX?
China Metal Resources Utilization's Cyclically Adjusted PS Ratio of 0.01 can be compared against companies in the Metals & Mining industry. The industry median Cyclically Adjusted PS Ratio is 2.29. China Metal Resources Utilization's value of 0.01 is 99.6% below this benchmark. Historically, China Metal Resources Utilization's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.05 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 2.29, China Metal Resources Utilization 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 Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.29, based on 579 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 Metal Resources Utilization's current Cyclically Adjusted PS Ratio of 0.01 is 99.6% 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 Metal Resources Utilization and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Metal Resources Utilization's current Cyclically Adjusted PS Ratio is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Metal Resources Utilization stock overvalued right now?
China Metal Resources Utilization (HKSE:01636) has a current Cyclically Adjusted PS Ratio of 0.01. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.31 — trading 181.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.01, which is near median its 10-year median of 0.01 and 99.6% below the Metals & Mining industry median of 2.29. China Metal Resources Utilization's overall GF Score™ is 21/100 with 6 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 Metal Resources Utilization (HKSE:01636), the current Cyclically Adjusted PS Ratio is 0.01 as of Sep. 22, 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 Metal Resources Utilization (HKSE:01636) Overvalued in 2026?

Based on GuruFocus' analysis, China Metal Resources Utilization stock appears to be overvalued. The current stock price of HK$0.31 is trading 181.8% above its estimated GF Value™ of HK$0.11.

Key valuation signals for HKSE:01636:

  • Cyclically Adjusted PS Ratio: 0.01 (near median its 10-year median of 0.01)
  • GF Value™: HK$0.11 vs. price of HK$0.31 (181.8% above fair value)
  • GF Score™: 21/100 with 6 warning signs
  • Industry Position: 99.6% below the Metals & Mining median

No single metric tells the full story. See the HKSE:01636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Metal Resources Utilization Business Description

Address She Nos 1, 3 and 8, Shunhe Village, Shunhe Village Xiaojiangou Town, Youxian District, Sichuan Province, Mianyang, CHN
China Metal Resources Utilization Ltd is a manufacturer of recycled copper products, known as copper semis, based in Southwest China. The company processes recycled scrap and electrolytic copper into products including copper wire rods, copper wires, copper plates, and copper granules. Its largest revenue-generating segment is recycled copper products, which serves downstream manufacturers in the electrical, electronics, and industrial sectors. The company also operates a power transmission and distribution cables segment, manufacturing and selling cables used in power networks, and a communication cables segment producing cables for telecommunications applications. Its customers are primarily industrial buyers and cable manufacturers, concentrated mainly in China. Revenue is generated through the sale of processed copper semis and finished cables, with the recycled copper products segment accounting for the majority of sales. The company is listed on the Hong Kong Stock Exchange.
21GF Score

Get the complete analysis for HKSE:01636

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

HK$0.31
Price
HK$0.11
GF Value