BYD Co (LTS:0HKY) Cyclically Adjusted PS Ratio: 2.44 (As of Aug. 31, 2026) — 22% Below Median

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LTS:0HKY BYD Co Ltd LTS:0HKY
89 GF Score
Price $11.40
GF Value $12.74
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is BYD Co Cyclically Adjusted PS Ratio?

BYD Co LTS:0HKY -1.62% 89 Cyclically Adjusted PS Ratio is 2.44 as of Aug. 31, 2026, which is 22% below its 10-year median of 3.12. GuruFocus rates LTS:0HKY with a GF Score™ of 89/100 and a GF Value™ of $12.74 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,038 Vehicles & Parts companies, BYD Co ranks worse than 79.29% on this metric.

As of today (2026-08-31), BYD Co's current share price is $11.40. BYD Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $4.68. BYD Co's Cyclically Adjusted PS Ratio for today is 2.44.

The historical rank and industry rank for BYD Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0HKY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.27   Med: 3.12   Max: 8.23
Current: 2.29

During the past years, BYD Co's highest Cyclically Adjusted PS Ratio was 8.23. The lowest was 1.27. And the median was 3.12.

LTS:0HKY's Cyclically Adjusted PS Ratio is ranked worse than
79.29% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs LTS:0HKY: 2.29

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.

BYD Co's adjusted revenue per share data for the three months ended in Jun. 2026 was $3.141. 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 $4.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BYD Co  (LTS:0HKY) 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.


BYD Co Cyclically Adjusted PS Ratio Related Terms


BYD Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BYD 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.

BYD Co Cyclically Adjusted PS Ratio Chart

BYD 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 6.54 4.76 2.70 2.89 2.40

BYD Co 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 3.44 2.85 2.40 2.49 1.98

LTS:0HKY vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, BYD 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.


BYD Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where BYD Co's Cyclically Adjusted PS Ratio falls into.


LTS:0HKY
89GF Score
BYD Co Ltd LTS:0HKY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BYD 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.

BYD Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.40/4.68
=2.44

* 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.

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

For example, BYD Co'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)
=3.141/121.3631*121.3631
=3.141

Current CPI (Jun. 2026) = 121.3631.

BYD Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.525 102.565 0.621
201612 0.531 103.225 0.624
201703 0.336 103.335 0.395
201706 0.418 103.664 0.489
201709 0.508 103.994 0.593
201712 0.558 104.984 0.645
201803 0.255 105.973 0.292
201806 0.411 106.193 0.470
201809 0.582 106.852 0.661
201812 0.762 107.622 0.859
201903 0.502 108.172 0.563
201906 0.524 109.601 0.580
201909 0.248 110.260 0.273
201912 0.441 110.700 0.483
202003 0.166 110.920 0.182
202006 0.647 110.590 0.710
202009 0.771 107.512 0.870
202012 0.925 109.711 1.023
202103 0.707 111.579 0.769
202106 0.939 111.360 1.023
202109 0.967 109.051 1.076
202112 1.294 112.349 1.398
202203 1.216 113.558 1.300
202206 1.433 113.448 1.533
202209 1.897 113.778 2.023
202212 2.565 114.548 2.718
202303 1.999 115.427 2.102
202306 2.244 115.647 2.355
202309 2.545 116.087 2.661
202312 2.876 117.296 2.976
202403 1.987 117.735 2.048
202406 2.777 117.296 2.873
202409 3.259 118.615 3.335
202412 4.325 118.945 4.413
202503 2.667 119.384 2.711
202506 2.999 119.055 3.057
202509 2.974 119.934 3.009
202512 3.708 120.704 3.728
202603 2.391 121.473 2.389
202606 3.141 121.363 3.141

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 2.44 mean?
BYD Co (LTS:0HKY) has a Cyclically Adjusted PS Ratio of 2.44 as of Aug. 31, 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 BYD Co and its competitors. This is 22% below median its historical median of 3.12. Over the past decade, BYD Co's Cyclically Adjusted PS Ratio has ranged from 1.27 to 8.23. According to the industry distribution chart, BYD Co ranks #823 out of 1038 companies in the Vehicles & Parts industry, placing it in the top 79.3%.
Is BYD Co's Cyclically Adjusted PS Ratio too high?
BYD Co's current Cyclically Adjusted PS Ratio of 2.44 is 22% below median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 8.23. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. BYD Co's value of 2.44 is 238.9% above this industry median. Based on the distribution chart, BYD Co ranks #823 out of 1038 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, BYD Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BYD Co's Cyclically Adjusted PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, BYD Co ranks #823 out of 1038 companies for Cyclically Adjusted PS Ratio. This places BYD Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. BYD Co's value of 2.44 is 238.9% above this benchmark. Historically, BYD Co's own Cyclically Adjusted PS Ratio has ranged from 1.27 to 8.23 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 0.72, BYD Co has consistently been above 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,038 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. BYD Co's current Cyclically Adjusted PS Ratio of 2.44 is 238.9% above 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 BYD Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BYD Co's current Cyclically Adjusted PS Ratio is 2.44, which is 22% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BYD Co stock overvalued right now?
Based on GuruFocus' analysis, BYD Co (LTS:0HKY) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.74, compared to a current price of $11.40 — trading 10.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.44, which is 22% below median its 10-year median of 3.12 and 238.9% above the Vehicles & Parts industry median of 0.72. BYD Co's overall GF Score™ is 89/100 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 BYD Co (LTS:0HKY), the current Cyclically Adjusted PS Ratio is 2.44 as of Aug. 31, 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 BYD Co (LTS:0HKY) Overvalued in 2026?

Based on GuruFocus' analysis, BYD Co stock appears to be undervalued. The current stock price of $11.40 is trading 10.5% below its estimated GF Value™ of $12.74. GuruFocus considers BYD Co to be Modestly Undervalued.

Key valuation signals for LTS:0HKY:

  • Cyclically Adjusted PS Ratio: 2.44 (22% below median its 10-year median of 3.12)
  • GF Value™: $12.74 vs. price of $11.40 (10.5% below fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 238.9% above the Vehicles & Parts median (#823 of 1038)

No single metric tells the full story. See the LTS:0HKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BYD Co Business Description

Address Unit 505-510, 1 Science Park E Avenue, 5th Floor, Core Building 1E, Pak Shek Kok, Tai Po, HKG
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 4.6 million passenger NEVs in 2025, accounting for 30% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.
89GF Score

Get the complete analysis for LTS:0HKY

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

$11.40
Price
$12.74
GF Value