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HKSE:01938's Cyclically Adjusted PS Ratio is ranked better than 90.41% of 511
companies
in the Steel industry
Industry Median: 0.46
vs HKSE:01938: 0.11
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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Cyclically Adjusted PS Ratio Related Terms
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Cyclically Adjusted PS Ratio Chart
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Annual Data
* 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Cyclically Adjusted PS Ratio vs Steel Industry
Chu Kong Petroleum and Natural Gas Steel Pipe 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.
* 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 0.10 mean?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) has a Cyclically Adjusted PS Ratio of 0.10 as of Sep. 16, 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. This is near median its historical median of 0.11. Over the past decade, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.29. According to the industry distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #49 out of 511 companies in the Steel industry, placing it in the top 9.6%.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Cyclically Adjusted PS Ratio too high?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' current Cyclically Adjusted PS Ratio of 0.10 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.29. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' value of 0.10 is 78.3% below this industry median. Based on the distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #49 out of 511 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #49 out of 511 companies for Cyclically Adjusted PS Ratio. This places Chu Kong Petroleum and Natural Gas Steel Pipe Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.46. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' value of 0.10 is 78.3% below this benchmark. Historically, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.29 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.46, Chu Kong Petroleum and Natural Gas Steel Pipe 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 511 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. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current Cyclically Adjusted PS Ratio of 0.10 is 78.3% 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current Cyclically Adjusted PS Ratio is 0.10, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.22 — trading 27.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.10, which is near median its 10-year median of 0.11 and 78.3% below the Steel industry median of 0.46. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' overall GF Score™ is 46/100 with 5 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938), the current Cyclically Adjusted PS Ratio is 0.10 as of Sep. 16, 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Overvalued in 2026?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock appears to be overvalued.
The current stock price of HK$0.22 is trading 27.1% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Chu Kong Petroleum and Natural Gas Steel Pipe Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:01938:
Cyclically Adjusted PS Ratio: 0.10 (near median its 10-year median of 0.11)
GF Value™: HK$0.17 vs. price of HK$0.22 (27.1% above fair value)
Industry Position: 78.3% below the Steel median (#49 of 511)
No single metric tells the full story. See the HKSE:01938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd operates in the steel pipe business. The group is involved in its key revenue-generating business which is to manufacture and sell welded steel pipes and the provision of related manufacturing services. The group's steel pipes are mainly used for energy transmission including oil and gas transmission pipelines, deep-sea pipelines, city gas networks, petrochemicals, mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Further, it is also involved in the development of properties for sale; and property investment activities. The group has a business presence in Mainland China and other countries, of which maximum revenue is derived from Africa.
46GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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