Inner Mongolian Baotou Steel Union Co (SHSE:600010) Cyclically Adjusted PS Ratio: 1.50 (As of Aug. 30, 2026) — 42% Above Median

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SHSE:600010 Inner Mongolian Baotou Steel Union Co Ltd SHSE:600010
60 GF Score
Price ¥2.25
GF Value ¥1.78
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Inner Mongolian Baotou Steel Union Co Cyclically Adjusted PS Ratio?

Inner Mongolian Baotou Steel Union Co SHSE:600010 -1.32% 60 Cyclically Adjusted PS Ratio is 1.50 as of Aug. 30, 2026, which is 42% above its 10-year median of 1.06. GuruFocus rates SHSE:600010 with a GF Score™ of 60/100 and a GF Value™ of ¥1.78 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 511 Steel companies, Inner Mongolian Baotou Steel Union Co ranks worse than 81.6% on this metric.

As of today (2026-08-30), Inner Mongolian Baotou Steel Union Co's current share price is ¥2.25. Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥1.50. Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted PS Ratio for today is 1.50.

The historical rank and industry rank for Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600010' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.06   Max: 2.22
Current: 1.52

During the past years, Inner Mongolian Baotou Steel Union Co's highest Cyclically Adjusted PS Ratio was 2.22. The lowest was 0.55. And the median was 1.06.

SHSE:600010's Cyclically Adjusted PS Ratio is ranked worse than
81.6% of 511 companies
in the Steel industry
Industry Median: 0.46 vs SHSE:600010: 1.52

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.

Inner Mongolian Baotou Steel Union Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥0.329. 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 ¥1.50 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inner Mongolian Baotou Steel Union Co  (SHSE:600010) 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.


Inner Mongolian Baotou Steel Union Co Cyclically Adjusted PS Ratio Related Terms


Inner Mongolian Baotou Steel Union Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Inner Mongolian Baotou Steel Union 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.

Inner Mongolian Baotou Steel Union Co Cyclically Adjusted PS Ratio Chart

Inner Mongolian Baotou Steel Union 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 1.67 1.20 0.96 1.26 1.61

Inner Mongolian Baotou Steel Union 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 1.26 1.65 1.61 1.68 1.48

SHSE:600010 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Inner Mongolian Baotou Steel Union 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.


Inner Mongolian Baotou Steel Union Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600010
60GF Score
Inner Mongolian Baotou Steel Union Co Ltd SHSE:600010
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Inner Mongolian Baotou Steel Union 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.

Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.25/1.50
=1.50

* 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.

Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Inner Mongolian Baotou Steel Union 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)
=0.329/116.0564*116.0564
=0.329

Current CPI (Jun. 2026) = 116.0564.

Inner Mongolian Baotou Steel Union Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.175 102.400 0.198
201612 0.337 102.600 0.381
201703 0.328 103.200 0.369
201706 0.230 103.100 0.259
201709 0.302 104.100 0.337
201712 0.412 104.500 0.458
201803 0.283 105.300 0.312
201806 0.413 104.900 0.457
201809 0.364 106.600 0.396
201812 0.418 106.500 0.456
201903 0.295 107.700 0.318
201906 0.368 107.700 0.397
201909 0.364 109.800 0.385
201912 0.297 111.200 0.310
202003 0.237 112.300 0.245
202006 0.393 110.400 0.413
202009 0.342 111.700 0.355
202012 0.339 111.500 0.353
202103 0.279 112.662 0.287
202106 0.483 111.769 0.502
202109 0.525 112.215 0.543
202112 0.502 113.108 0.515
202203 0.445 114.335 0.452
202206 0.449 114.558 0.455
202209 0.385 115.339 0.387
202212 0.317 115.116 0.320
202303 0.354 115.116 0.357
202306 0.435 114.558 0.441
202309 0.401 115.339 0.403
202312 0.364 114.781 0.368
202403 0.391 115.227 0.394
202406 0.391 114.781 0.395
202409 0.320 115.785 0.321
202412 0.391 114.893 0.395
202503 0.343 115.116 0.346
202506 0.340 114.907 0.343
202509 0.371 115.471 0.373
202512 0.423 115.832 0.424
202603 0.294 116.303 0.293
202606 0.329 116.056 0.329

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 1.50 mean?
Inner Mongolian Baotou Steel Union Co (SHSE:600010) has a Cyclically Adjusted PS Ratio of 1.50 as of Aug. 30, 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 Inner Mongolian Baotou Steel Union Co and its competitors. This is 42% above median its historical median of 1.06. Over the past decade, Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.22. According to the industry distribution chart, Inner Mongolian Baotou Steel Union Co ranks #417 out of 511 companies in the Steel industry, placing it in the top 81.6%.
Is Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted PS Ratio too high?
Inner Mongolian Baotou Steel Union Co's current Cyclically Adjusted PS Ratio of 1.50 is 42% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.22. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Inner Mongolian Baotou Steel Union Co's value of 1.50 is 226.1% above this industry median. Based on the distribution chart, Inner Mongolian Baotou Steel Union Co ranks #417 out of 511 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Inner Mongolian Baotou Steel Union Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolian Baotou Steel Union Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Inner Mongolian Baotou Steel Union Co ranks #417 out of 511 companies for Cyclically Adjusted PS Ratio. This places Inner Mongolian Baotou Steel Union Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. Inner Mongolian Baotou Steel Union Co's value of 1.50 is 226.1% above this benchmark. Historically, Inner Mongolian Baotou Steel Union Co's own Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.22 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.46, Inner Mongolian Baotou Steel Union 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 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. Inner Mongolian Baotou Steel Union Co's current Cyclically Adjusted PS Ratio of 1.50 is 226.1% 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 Inner Mongolian Baotou Steel Union Co 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. Inner Mongolian Baotou Steel Union Co's current Cyclically Adjusted PS Ratio is 1.50, which is 42% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolian Baotou Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolian Baotou Steel Union Co (SHSE:600010) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.78, compared to a current price of ¥2.25 — trading 26.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.50, which is 42% above median its 10-year median of 1.06 and 226.1% above the Steel industry median of 0.46. Inner Mongolian Baotou Steel Union Co's overall GF Score™ is 60/100 with 9 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 Inner Mongolian Baotou Steel Union Co (SHSE:600010), the current Cyclically Adjusted PS Ratio is 1.50 as of Aug. 30, 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 Inner Mongolian Baotou Steel Union Co (SHSE:600010) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolian Baotou Steel Union Co stock appears to be overvalued. The current stock price of ¥2.25 is trading 26.4% above its estimated GF Value™ of ¥1.78. GuruFocus considers Inner Mongolian Baotou Steel Union Co to be Modestly Overvalued.

Key valuation signals for SHSE:600010:

  • Cyclically Adjusted PS Ratio: 1.50 (42% above median its 10-year median of 1.06)
  • GF Value™: ¥1.78 vs. price of ¥2.25 (26.4% above fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 226.1% above the Steel median (#417 of 511)

No single metric tells the full story. See the SHSE:600010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inner Mongolian Baotou Steel Union Co Business Description

Address Inner Mongolia Autonomous Region, Baotou Steel Information Building, Hexi Industrial Zone, Kun District, Baotou, CHN, 014010
Inner Mongolian Baotou Steel Union Co Ltd is a steel company in China. Its products include hot-rolled sheets, seamless pipes, heavy rails, and others.
60GF 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.

¥2.25
Price
¥1.78
GF Value