Huaneng Power International (SHSE:600011) Cyclically Adjusted PS Ratio: 0.55 (As of Aug. 19, 2026) — 15% Below Median

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SHSE:600011 Huaneng Power International Inc SHSE:600011
63 GF Score
Price ¥6.68
GF Value ¥7.08
Valuation Fairly Valued
! 7 Warning Signs
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What is Huaneng Power International Cyclically Adjusted PS Ratio?

Huaneng Power International SHSE:600011 -3.05% 63 Cyclically Adjusted PS Ratio is 0.55 as of Aug. 19, 2026, which is 15% below its 10-year median of 0.65. GuruFocus rates SHSE:600011 with a GF Score™ of 63/100 and a GF Value™ of ¥7.08 (Fairly Valued). The stock has 7 warning signs investors should review. Among 272 Utilities - Independent Power Producers companies, Huaneng Power International ranks better than 75.74% on this metric.

As of today (2026-08-19), Huaneng Power International's current share price is ¥6.68. Huaneng Power International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥12.23. Huaneng Power International's Cyclically Adjusted PS Ratio for today is 0.55.

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

SHSE:600011' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.65   Max: 0.97
Current: 0.55

During the past years, Huaneng Power International's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.37. And the median was 0.65.

SHSE:600011's Cyclically Adjusted PS Ratio is ranked better than
75.74% of 272 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.655 vs SHSE:600011: 0.55

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.

Huaneng Power International's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥2.545. 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 ¥12.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huaneng Power International  (SHSE:600011) 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.


Huaneng Power International Cyclically Adjusted PS Ratio Related Terms


Huaneng Power International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Huaneng Power International'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.

Huaneng Power International Cyclically Adjusted PS Ratio Chart

Huaneng Power International 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 0.91 0.65 0.65 0.57 0.62

Huaneng Power International 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 0.60 0.58 0.62 0.57 0.62

SHSE:600011 vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Huaneng Power International'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.


Huaneng Power International Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Huaneng Power International's Cyclically Adjusted PS Ratio falls into.


SHSE:600011
63GF Score
Huaneng Power International Inc SHSE:600011
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huaneng Power International 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.

Huaneng Power International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.68/12.23
=0.55

* 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.

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

For example, Huaneng Power International'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)
=2.545/116.0564*116.0564
=2.545

Current CPI (Jun. 2026) = 116.0564.

Huaneng Power International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.370 102.400 2.686
201612 2.472 102.600 2.796
201703 2.305 103.200 2.592
201706 2.227 103.100 2.507
201709 2.677 104.100 2.984
201712 2.196 104.500 2.439
201803 2.802 105.300 3.088
201806 2.267 104.900 2.508
201809 3.009 106.600 3.276
201812 2.134 106.500 2.325
201903 2.750 107.700 2.963
201906 2.265 107.700 2.441
201909 2.522 109.800 2.666
201912 1.773 111.200 1.850
202003 2.156 112.300 2.228
202006 2.268 110.400 2.384
202009 2.260 111.700 2.348
202012 1.876 111.500 1.953
202103 2.662 112.662 2.742
202106 2.088 111.769 2.168
202109 3.189 112.215 3.298
202112 4.599 113.108 4.719
202203 6.141 114.335 6.233
202206 4.124 114.558 4.178
202209 6.300 115.339 6.339
202212 4.285 115.116 4.320
202303 2.900 115.116 2.924
202306 3.339 114.558 3.383
202309 3.979 115.339 4.004
202312 2.614 114.781 2.643
202403 3.556 115.227 3.582
202406 2.564 114.781 2.592
202409 3.328 115.785 3.336
202412 2.095 114.893 2.116
202503 3.276 115.116 3.303
202506 2.775 114.907 2.803
202509 3.401 115.471 3.418
202512 2.457 115.832 2.462
202603 3.166 116.303 3.159
202606 2.545 116.056 2.545

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 0.55 mean?
Huaneng Power International (SHSE:600011) has a Cyclically Adjusted PS Ratio of 0.55 as of Aug. 19, 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 Huaneng Power International and its competitors. This is 15% below median its historical median of 0.65. Over the past decade, Huaneng Power International's Cyclically Adjusted PS Ratio has ranged from 0.37 to 0.97. According to the industry distribution chart, Huaneng Power International ranks #66 out of 272 companies in the Utilities - Independent Power Producers industry, placing it in the top 24.3%.
Is Huaneng Power International's Cyclically Adjusted PS Ratio too high?
Huaneng Power International's current Cyclically Adjusted PS Ratio of 0.55 is 15% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.97. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.66. Huaneng Power International's value of 0.55 is 66.8% below this industry median. Based on the distribution chart, Huaneng Power International ranks #66 out of 272 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Huaneng Power International has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huaneng Power International's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Huaneng Power International ranks #66 out of 272 companies for Cyclically Adjusted PS Ratio. This places Huaneng Power International in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.66. Huaneng Power International's value of 0.55 is 66.8% below this benchmark. Historically, Huaneng Power International's own Cyclically Adjusted PS Ratio has ranged from 0.37 to 0.97 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.66, Huaneng Power International 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.66, based on 272 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. Huaneng Power International's current Cyclically Adjusted PS Ratio of 0.55 is 66.8% 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 Huaneng Power International and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huaneng Power International's current Cyclically Adjusted PS Ratio is 0.55, which is 15% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huaneng Power International stock overvalued right now?
Based on GuruFocus' analysis, Huaneng Power International (SHSE:600011) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.08, compared to a current price of ¥6.68 — trading 5.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.55, which is 15% below median its 10-year median of 0.65 and 66.8% below the Utilities - Independent Power Producers industry median of 1.66. Huaneng Power International's overall GF Score™ is 63/100 with 7 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 Huaneng Power International (SHSE:600011), the current Cyclically Adjusted PS Ratio is 0.55 as of Aug. 19, 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 Huaneng Power International (SHSE:600011) Overvalued in 2026?

Based on GuruFocus' analysis, Huaneng Power International stock appears to be undervalued. The current stock price of ¥6.68 is trading 5.6% below its estimated GF Value™ of ¥7.08. GuruFocus considers Huaneng Power International to be Fairly Valued.

Key valuation signals for SHSE:600011:

  • Cyclically Adjusted PS Ratio: 0.55 (15% below median its 10-year median of 0.65)
  • GF Value™: ¥7.08 vs. price of ¥6.68 (5.6% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 66.8% below the Utilities - Independent Power Producers median (#66 of 272)

No single metric tells the full story. See the SHSE:600011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huaneng Power International Business Description

Address No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc and its subsidiaries are mainly engaged in developing, constructing, operating, and managing power plants throughout China. It has a substantial controlled power generation capacity across China, with a meaningful portion of its portfolio comprising low-carbon and clean energy sources. Additionally, the Group owns a power company in Singapore and invests in a power company in Pakistan. The majority of its revenue is generated from the sale of power and heat. Huaneng Power's reportable segments are: PRC power segment, which generates maximum revenue, Overseas power segment, and All other segments (including port and transportation operations). Geographically, it derives maximum revenue from the People's Republic of China (PRC), followed by overseas markets.
63GF Score

Get the complete analysis for SHSE:600011

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

¥6.68
Price
¥7.08
GF Value