Beijing Gehua CATV Network Co (SHSE:600037) Cyclically Adjusted PS Ratio: 3.51 (As of Jul. 28, 2026) — 14% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

SHSE:600037 Beijing Gehua CATV Network Co Ltd SHSE:600037
60 GF Score
Price ¥6.71
GF Value ¥7.70
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Beijing Gehua CATV Network Co Cyclically Adjusted PS Ratio?

Beijing Gehua CATV Network Co SHSE:600037 +0.15% 60 Cyclically Adjusted PS Ratio is 3.51 as of Jul. 28, 2026, which is 14% below its 10-year median of 4.10. GuruFocus rates SHSE:600037 with a GF Score™ of 60/100 and a GF Value™ of ¥7.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 731 Media - Diversified companies, Beijing Gehua CATV Network Co ranks worse than 87.69% on this metric.

As of today (2026-07-28), Beijing Gehua CATV Network Co's current share price is ¥6.71. Beijing Gehua CATV Network Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.91. Beijing Gehua CATV Network Co's Cyclically Adjusted PS Ratio for today is 3.51.

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

SHSE:600037' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.75   Med: 4.1   Max: 9.47
Current: 3.44

During the past years, Beijing Gehua CATV Network Co's highest Cyclically Adjusted PS Ratio was 9.47. The lowest was 2.75. And the median was 4.10.

SHSE:600037's Cyclically Adjusted PS Ratio is ranked worse than
87.69% of 731 companies
in the Media - Diversified industry
Industry Median: 0.78 vs SHSE:600037: 3.44

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.

Beijing Gehua CATV Network Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.492. 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 ¥1.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Gehua CATV Network Co  (SHSE:600037) 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.


Beijing Gehua CATV Network Co Cyclically Adjusted PS Ratio Related Terms


Beijing Gehua CATV Network Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Beijing Gehua CATV Network 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.

Beijing Gehua CATV Network Co Cyclically Adjusted PS Ratio Chart

Beijing Gehua CATV Network 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 3.90 3.72 3.68 3.73 3.84

Beijing Gehua CATV Network 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 3.71 3.89 4.10 3.84 3.84

SHSE:600037 vs NXST: Cyclically Adjusted PS Ratio Comparison

For the Broadcasting subindustry, Beijing Gehua CATV Network 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.


Beijing Gehua CATV Network Co Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Gehua CATV Network Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Gehua CATV Network Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600037
60GF Score
Beijing Gehua CATV Network Co Ltd SHSE:600037
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Gehua CATV Network 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.

Beijing Gehua CATV Network Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.71/1.91
=3.51

* 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.

Beijing Gehua CATV Network Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Beijing Gehua CATV Network 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)
=0.492/116.3033*116.3033
=0.492

Current CPI (Mar. 2026) = 116.3033.

Beijing Gehua CATV Network Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.450 101.400 0.516
201609 0.446 102.400 0.507
201612 0.592 102.600 0.671
201703 0.398 103.200 0.449
201706 0.471 103.100 0.531
201709 0.435 104.100 0.486
201712 0.635 104.500 0.707
201803 0.382 105.300 0.422
201806 0.474 104.900 0.526
201809 0.438 106.600 0.478
201812 0.664 106.500 0.725
201903 0.411 107.700 0.444
201906 0.465 107.700 0.502
201909 0.427 109.800 0.452
201912 0.678 111.200 0.709
202003 0.352 112.300 0.365
202006 0.496 110.400 0.523
202009 0.401 111.700 0.418
202012 0.602 111.500 0.628
202103 0.392 112.662 0.405
202106 0.445 111.769 0.463
202109 0.397 112.215 0.411
202112 0.599 113.108 0.616
202203 0.373 114.335 0.379
202206 0.401 114.558 0.407
202209 0.405 115.339 0.408
202212 0.575 115.116 0.581
202303 0.377 115.116 0.381
202306 0.407 114.558 0.413
202309 0.384 115.339 0.387
202312 0.515 114.781 0.522
202403 0.382 115.227 0.386
202406 0.331 114.781 0.335
202409 0.419 115.785 0.421
202412 0.548 114.893 0.555
202503 0.328 115.116 0.331
202506 0.493 114.907 0.499
202509 0.320 115.471 0.322
202512 0.322 115.832 0.323
202603 0.492 116.303 0.492

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 3.51 mean?
Beijing Gehua CATV Network Co (SHSE:600037) has a Cyclically Adjusted PS Ratio of 3.51 as of Jul. 28, 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 Beijing Gehua CATV Network Co and its competitors. This is 14% below median its historical median of 4.10. Over the past decade, Beijing Gehua CATV Network Co's Cyclically Adjusted PS Ratio has ranged from 2.75 to 9.47. According to the industry distribution chart, Beijing Gehua CATV Network Co ranks #641 out of 731 companies in the Media - Diversified industry, placing it in the top 87.7%.
Is Beijing Gehua CATV Network Co's Cyclically Adjusted PS Ratio too high?
Beijing Gehua CATV Network Co's current Cyclically Adjusted PS Ratio of 3.51 is 14% below median its 10-year median of 4.10. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 9.47. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.78. Beijing Gehua CATV Network Co's value of 3.51 is 350% above this industry median. Based on the distribution chart, Beijing Gehua CATV Network Co ranks #641 out of 731 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Beijing Gehua CATV Network Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Gehua CATV Network Co's Cyclically Adjusted PS Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Beijing Gehua CATV Network Co ranks #641 out of 731 companies for Cyclically Adjusted PS Ratio. This places Beijing Gehua CATV Network Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Beijing Gehua CATV Network Co's value of 3.51 is 350% above this benchmark. Historically, Beijing Gehua CATV Network Co's own Cyclically Adjusted PS Ratio has ranged from 2.75 to 9.47 over the past decade. While the company's 10-year median is 4.10 vs. the industry median of 0.78, Beijing Gehua CATV Network 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.78, based on 731 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. Beijing Gehua CATV Network Co's current Cyclically Adjusted PS Ratio of 3.51 is 350% 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 Beijing Gehua CATV Network Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Gehua CATV Network Co's current Cyclically Adjusted PS Ratio is 3.51, which is 14% below median its own 10-year median of 4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Gehua CATV Network Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Gehua CATV Network Co (SHSE:600037) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.70, compared to a current price of ¥6.71 — trading 12.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.51, which is 14% below median its 10-year median of 4.10 and 350% above the Media - Diversified industry median of 0.78. Beijing Gehua CATV Network Co's overall GF Score™ is 60/100 with 4 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 Beijing Gehua CATV Network Co (SHSE:600037), the current Cyclically Adjusted PS Ratio is 3.51 as of Jul. 28, 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 Beijing Gehua CATV Network Co (SHSE:600037) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Gehua CATV Network Co stock appears to be undervalued. The current stock price of ¥6.71 is trading 12.9% below its estimated GF Value™ of ¥7.70. GuruFocus considers Beijing Gehua CATV Network Co to be Modestly Undervalued.

Key valuation signals for SHSE:600037:

  • Cyclically Adjusted PS Ratio: 3.51 (14% below median its 10-year median of 4.10)
  • GF Value™: ¥7.70 vs. price of ¥6.71 (12.9% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 350% above the Media - Diversified median (#641 of 731)

No single metric tells the full story. See the SHSE:600037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Gehua CATV Network Co Business Description

Address No.35 Huayuan North Road, Haidian District, Beijing, CHN, 100083
Beijing Gehua CATV Network Co Ltd is engaged in the development and maintenance of radio and television networks. It is involved in the transfer and transmission of radio and television programs, video on demand, network information service business, internet access services based on cable television networks, internet data transmission value-added services, domestic IP telephony services, and cable television advertising design, production, and distribution services. The service scope covers cities, districts, streets, communities and other levels, covering education, finance, medical care, environmental protection, transportation, commerce, safety supervision and other fields.
60GF Score

Get the complete analysis for SHSE:600037

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

¥6.71
Price
¥7.70
GF Value