Guangdong Kanghua Healthcare Group Co (HKSE:03689) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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:03689 Guangdong Kanghua Healthcare Group Co Ltd HKSE:03689
74 GF Score
Price HK$1.77
GF Value HK$2.01
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Guangdong Kanghua Healthcare Group Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Kanghua Healthcare Group Co  (HKSE:03689) 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.


Guangdong Kanghua Healthcare Group Co Cyclically Adjusted PS Ratio Related Terms


Guangdong Kanghua Healthcare Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Guangdong Kanghua Healthcare Group Co'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.

Guangdong Kanghua Healthcare Group Co Cyclically Adjusted PS Ratio Chart

Guangdong Kanghua Healthcare Group Co 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 - 0.32 0.33 0.39 0.27

Guangdong Kanghua Healthcare Group Co Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.42 0.39 0.29 0.27 0.24

HKSE:03689 vs HCA, THC, EHC: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Guangdong Kanghua Healthcare Group Co'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.


Guangdong Kanghua Healthcare Group Co Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Guangdong Kanghua Healthcare Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Kanghua Healthcare Group Co's Cyclically Adjusted PS Ratio falls into.


HKSE:03689
74GF Score
Guangdong Kanghua Healthcare Group Co Ltd HKSE:03689
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong Kanghua Healthcare Group Co 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.

Guangdong Kanghua Healthcare Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Guangdong Kanghua Healthcare Group Co'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)
=6.565/115.8323*115.8323
=6.565

Current CPI (Dec25) = 115.8323.

Guangdong Kanghua Healthcare Group Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 5.523 102.600 6.235
201712 4.790 104.500 5.309
201812 5.807 106.500 6.316
201912 6.631 111.200 6.907
202012 5.864 111.500 6.092
202112 7.042 113.108 7.212
202212 6.418 115.116 6.458
202312 6.747 114.781 6.809
202412 6.665 114.893 6.720
202512 6.565 115.832 6.565

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 Guangdong Kanghua Healthcare Group Co (HKSE:03689) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Kanghua Healthcare Group Co stock appears to be undervalued. The current stock price of HK$1.77 is trading 11.9% below its estimated GF Value™ of HK$2.01. GuruFocus considers Guangdong Kanghua Healthcare Group Co to be Modestly Undervalued.

Key valuation signals for HKSE:03689:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: HK$2.01 vs. price of HK$1.77 (11.9% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the HKSE:03689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Kanghua Healthcare Group Co Business Description

Address 1000 Dongguan Avenue, Guangdong Province, Dongguan, CHN
Guangdong Kanghua Healthcare Group Co Ltd provides healthcare services. The reportable segments are as follows, The Hospital services segment, which generates majority revenue, includes the provision of hospital services including inpatient healthcare services, outpatient healthcare services, and physical examination services; Rehabilitation and other healthcare services including the provision of rehabilitation services; Elderly healthcare services include the provision of elderly healthcare services, including assisted living, adult daycare, longterm care, residential care and hospice care to the aged patients; and Haemodialysis services segment is principally engaged in the operation of haemodialysis outpatient centres. It generates all of its revenue from the PRC.
74GF Score

Get the complete analysis for HKSE:03689

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

HK$1.77
Price
HK$2.01
GF Value