Sany Heavy Industry Co (SHSE:600031) Cyclically Adjusted PS Ratio: 2.23 (As of Jul. 31, 2026) — Near Median

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SHSE:600031 Sany Heavy Industry Co Ltd SHSE:600031
80 GF Score
Price ¥20.55
GF Value ¥20.43
Valuation Fairly Valued
! 3 Warning Signs
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What is Sany Heavy Industry Co Cyclically Adjusted PS Ratio?

Sany Heavy Industry Co SHSE:600031 -1.34% 80 Cyclically Adjusted PS Ratio is 2.23 as of Jul. 31, 2026, which is 1% above its 10-year median of 2.20. GuruFocus rates SHSE:600031 with a GF Score™ of 80/100 and a GF Value™ of ¥20.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Sany Heavy Industry Co ranks worse than 78.7% on this metric.

As of today (2026-07-31), Sany Heavy Industry Co's current share price is ¥20.55. Sany Heavy Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥9.22. Sany Heavy Industry Co's Cyclically Adjusted PS Ratio for today is 2.23.

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

SHSE:600031' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.2   Max: 7.23
Current: 2.23

During the past years, Sany Heavy Industry Co's highest Cyclically Adjusted PS Ratio was 7.23. The lowest was 1.29. And the median was 2.20.

SHSE:600031's Cyclically Adjusted PS Ratio is ranked worse than
78.7% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.03 vs SHSE:600031: 2.23

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.

Sany Heavy Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥2.639. 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 ¥9.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sany Heavy Industry Co  (SHSE:600031) 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.


Sany Heavy Industry Co Cyclically Adjusted PS Ratio Related Terms


Sany Heavy Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sany Heavy Industry 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.

Sany Heavy Industry Co Cyclically Adjusted PS Ratio Chart

Sany Heavy Industry 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 3.17 2.10 1.77 2.00 2.35

Sany Heavy Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.26 2.09 2.64 2.35 2.09

SHSE:600031 vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Industry 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.


Sany Heavy Industry Co Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:600031
80GF Score
Sany Heavy Industry Co Ltd SHSE:600031
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sany Heavy Industry 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.

Sany Heavy Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.55/9.22
=2.23

* 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.

Sany Heavy Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sany Heavy Industry Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.639/116.3033*116.3033
=2.639

Current CPI (Mar. 2026) = 116.3033.

Sany Heavy Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.767 101.400 0.880
201609 0.719 102.400 0.817
201612 0.881 102.600 0.999
201703 1.257 103.200 1.417
201706 1.243 103.100 1.402
201709 1.170 104.100 1.307
201712 1.214 104.500 1.351
201803 1.473 105.300 1.627
201806 2.006 104.900 2.224
201809 1.577 106.600 1.721
201812 1.765 106.500 1.927
201903 2.707 107.700 2.923
201906 2.620 107.700 2.829
201909 1.826 109.800 1.934
201912 2.028 111.200 2.121
202003 2.058 112.300 2.131
202006 3.805 110.400 4.008
202009 2.814 111.700 2.930
202012 3.238 111.500 3.377
202103 3.977 112.662 4.106
202106 4.034 111.769 4.198
202109 2.464 112.215 2.554
202112 2.207 113.108 2.269
202203 2.404 114.335 2.445
202206 2.345 114.558 2.381
202209 2.264 115.339 2.283
202212 2.549 115.116 2.575
202303 2.126 115.116 2.148
202306 2.586 114.558 2.625
202309 1.925 115.339 1.941
202312 2.103 114.781 2.131
202403 2.107 115.227 2.127
202406 2.512 114.781 2.545
202409 2.284 115.785 2.294
202412 2.357 114.893 2.386
202503 2.502 115.116 2.528
202506 2.799 114.907 2.833
202509 2.531 115.471 2.549
202512 2.657 115.832 2.668
202603 2.639 116.303 2.639

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 2.23 mean?
Sany Heavy Industry Co (SHSE:600031) has a Cyclically Adjusted PS Ratio of 2.23 as of Jul. 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 Sany Heavy Industry Co and its competitors. This is near median its historical median of 2.20. Over the past decade, Sany Heavy Industry Co's Cyclically Adjusted PS Ratio has ranged from 1.29 to 7.23. According to the industry distribution chart, Sany Heavy Industry Co ranks #133 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 78.7%.
Is Sany Heavy Industry Co's Cyclically Adjusted PS Ratio too high?
Sany Heavy Industry Co's current Cyclically Adjusted PS Ratio of 2.23 is near median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 7.23. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.03. Sany Heavy Industry Co's value of 2.23 is 116.5% above this industry median. Based on the distribution chart, Sany Heavy Industry Co ranks #133 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Sany Heavy Industry Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sany Heavy Industry Co's Cyclically Adjusted PS Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Sany Heavy Industry Co ranks #133 out of 169 companies for Cyclically Adjusted PS Ratio. This places Sany Heavy Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. Sany Heavy Industry Co's value of 2.23 is 116.5% above this benchmark. Historically, Sany Heavy Industry Co's own Cyclically Adjusted PS Ratio has ranged from 1.29 to 7.23 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.03, Sany Heavy Industry 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.03, based on 169 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. Sany Heavy Industry Co's current Cyclically Adjusted PS Ratio of 2.23 is 116.5% 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 Sany Heavy Industry Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sany Heavy Industry Co's current Cyclically Adjusted PS Ratio is 2.23, which is near median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sany Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Sany Heavy Industry Co (SHSE:600031) is currently considered Fairly Valued. The stock's GF Value™ is ¥20.43, compared to a current price of ¥20.55 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.23, which is near median its 10-year median of 2.20 and 116.5% above the Farm & Heavy Construction Machinery industry median of 1.03. Sany Heavy Industry Co's overall GF Score™ is 80/100 with 3 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 Sany Heavy Industry Co (SHSE:600031), the current Cyclically Adjusted PS Ratio is 2.23 as of Jul. 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 Sany Heavy Industry Co (SHSE:600031) Overvalued in 2026?

Based on GuruFocus' analysis, Sany Heavy Industry Co stock appears to be overvalued. The current stock price of ¥20.55 is trading 0.6% above its estimated GF Value™ of ¥20.43. GuruFocus considers Sany Heavy Industry Co to be Fairly Valued.

Key valuation signals for SHSE:600031:

  • Cyclically Adjusted PS Ratio: 2.23 (near median its 10-year median of 2.20)
  • GF Value™: ¥20.43 vs. price of ¥20.55 (0.6% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 116.5% above the Farm & Heavy Construction Machinery median (#133 of 169)

No single metric tells the full story. See the SHSE:600031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sany Heavy Industry Co Business Description

Address No. 8 Beiqing Road, 5th Floor, Building 6, Changping District, Beijing, CHN, 102206
Sany Heavy Industry Co Ltd is a construction machinery manufacturer in China. Its products range from concrete and crane machinery to excavators, road construction, piling machinery, and others. The company operates its businesses through seven segments: Concrete Machinery, Excavator Machinery, Hoisting Machinery, Piling Machinery, Road Machinery, Financial Services, and Others. It generates the majority of its revenue from the Excavator Machinery segment, which engages in research, development, manufacture, and sale of excavator machinery products.
80GF Score

Get the complete analysis for SHSE:600031

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

¥20.55
Price
¥20.43
GF Value