BYD Co (MEX:1211N) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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.
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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.

MEX:1211N BYD Co Ltd MEX:1211N
70 GF Score
Price MXN178.00
GF Value MXN223.97
Valuation Modestly Undervalued
! 6 Warning Signs
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What is BYD Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BYD Co  (MEX:1211N) 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 - - - 2.81 2.03

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 3.33 2.45 1.99 2.07 1.43

MEX:1211N 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.


MEX:1211N
70GF Score
BYD Co Ltd MEX:1211N
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 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)
=54.606/121.3631*121.3631
=54.606

Current CPI (Jun. 2026) = 121.3631.

BYD Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.935 102.565 11.756
201612 10.889 103.225 12.802
201703 7.579 103.335 8.901
201706 7.924 103.664 9.277
201709 9.433 103.994 11.008
201712 11.199 104.984 12.946
201803 8.903 105.973 10.196
201806 10.935 106.193 12.497
201809 11.879 106.852 13.492
201812 14.382 107.622 16.218
201903 10.540 108.172 11.825
201906 10.922 109.601 12.094
201909 10.706 110.260 11.784
201912 11.325 110.700 12.416
202003 6.906 110.920 7.556
202006 16.415 110.590 18.014
202009 17.373 107.512 19.611
202012 19.547 109.711 21.623
202103 15.004 111.579 16.320
202106 18.016 111.360 19.634
202109 19.591 109.051 21.803
202112 26.376 112.349 28.492
202203 24.714 113.558 26.413
202206 29.180 113.448 31.216
202209 39.689 113.778 42.335
202212 49.634 114.548 52.587
202303 37.593 115.427 39.526
202306 40.504 115.647 42.506
202309 43.804 116.087 45.795
202312 50.148 117.296 51.887
202403 33.865 117.735 34.908
202406 48.125 117.296 49.794
202409 60.905 118.615 62.316
202412 87.718 118.945 89.501
202503 54.281 119.384 55.181
202506 59.743 119.055 60.901
202509 55.752 119.934 56.416
202512 67.302 120.704 67.670
202603 41.835 121.473 41.797
202606 54.606 121.363 54.606

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 BYD Co (MEX:1211N) Overvalued in 2026?

Based on GuruFocus' analysis, BYD Co stock appears to be undervalued. The current stock price of MXN178.00 is trading 20.5% below its estimated GF Value™ of MXN223.97. GuruFocus considers BYD Co to be Modestly Undervalued.

Key valuation signals for MEX:1211N:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN223.97 vs. price of MXN178.00 (20.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the MEX:1211N 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.
70GF Score

Get the complete analysis for MEX:1211N

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

MXN178.00
Price
MXN223.97
GF Value