Poly Developments and Holdings Group Co (SHSE:600048) Cyclically Adjusted PS Ratio: 0.24 (As of Aug. 01, 2026) — 77% Below Median

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SHSE:600048 Poly Developments and Holdings Group Co Ltd SHSE:600048
71 GF Score
Price ¥5.28
GF Value ¥8.06
Valuation Possible Value Trap
! 7 Warning Signs
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What is Poly Developments and Holdings Group Co Cyclically Adjusted PS Ratio?

Poly Developments and Holdings Group Co SHSE:600048 -0.38% 71 Cyclically Adjusted PS Ratio is 0.24 as of Aug. 01, 2026, which is 77% below its 10-year median of 1.06. GuruFocus rates SHSE:600048 with a GF Score™ of 71/100 and a GF Value™ of ¥8.06 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,355 Real Estate companies, Poly Developments and Holdings Group Co ranks better than 89.67% on this metric.

As of today (2026-08-01), Poly Developments and Holdings Group Co's current share price is ¥5.28. Poly Developments and Holdings Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥22.34. Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio for today is 0.24.

The historical rank and industry rank for Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600048' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.06   Max: 2.35
Current: 0.22

During the past years, Poly Developments and Holdings Group Co's highest Cyclically Adjusted PS Ratio was 2.35. The lowest was 0.21. And the median was 1.06.

SHSE:600048's Cyclically Adjusted PS Ratio is ranked better than
89.67% of 1355 companies
in the Real Estate industry
Industry Median: 1.82 vs SHSE:600048: 0.22

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.

Poly Developments and Holdings Group Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥3.995. 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 ¥22.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Poly Developments and Holdings Group Co  (SHSE:600048) 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.


Poly Developments and Holdings Group Co Cyclically Adjusted PS Ratio Related Terms


Poly Developments and Holdings Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Poly Developments and Holdings Group 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.

Poly Developments and Holdings Group Co Cyclically Adjusted PS Ratio Chart

Poly Developments and Holdings Group 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 1.02 0.88 0.52 0.43 0.28

Poly Developments and Holdings Group 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 0.40 0.39 0.37 0.28 0.26

Poly Developments and Holdings Group Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Poly Developments and Holdings Group 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.


Poly Developments and Holdings Group Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600048
71GF Score
Poly Developments and Holdings Group Co Ltd SHSE:600048
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Poly Developments and Holdings Group 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.

Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.28/22.34
=0.24

* 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.

Poly Developments and Holdings Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Poly Developments and Holdings Group 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)
=3.995/116.3033*116.3033
=3.995

Current CPI (Mar. 2026) = 116.3033.

Poly Developments and Holdings Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.274 101.400 3.755
201609 2.680 102.400 3.044
201612 5.711 102.600 6.474
201703 1.515 103.200 1.707
201706 3.119 103.100 3.518
201709 1.772 104.100 1.980
201712 5.957 104.500 6.630
201803 1.702 105.300 1.880
201806 3.344 104.900 3.708
201809 2.997 106.600 3.270
201812 8.226 106.500 8.983
201903 1.947 107.700 2.103
201906 4.012 107.700 4.332
201909 3.393 109.800 3.594
201912 10.397 111.200 10.874
202003 2.004 112.300 2.075
202006 4.182 110.400 4.406
202009 3.695 111.700 3.847
202012 10.336 111.500 10.781
202103 2.107 112.662 2.175
202106 5.389 111.769 5.608
202109 4.003 112.215 4.149
202112 12.448 113.108 12.800
202203 2.784 114.335 2.832
202206 6.546 114.558 6.646
202209 3.828 115.339 3.860
202212 10.288 115.116 10.394
202303 3.380 115.116 3.415
202306 7.996 114.558 8.118
202309 4.643 115.339 4.682
202312 13.008 114.781 13.181
202403 4.251 115.227 4.291
202406 7.317 114.781 7.414
202409 3.760 115.785 3.777
202412 10.636 114.893 10.767
202503 4.581 115.116 4.628
202506 5.338 114.907 5.403
202509 4.517 115.471 4.550
202512 13.681 115.832 13.737
202603 3.995 116.303 3.995

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 0.24 mean?
Poly Developments and Holdings Group Co (SHSE:600048) has a Cyclically Adjusted PS Ratio of 0.24 as of Aug. 01, 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 Poly Developments and Holdings Group Co and its competitors. This is 77% below median its historical median of 1.06. Over the past decade, Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio has ranged from 0.21 to 2.35. According to the industry distribution chart, Poly Developments and Holdings Group Co ranks #140 out of 1355 companies in the Real Estate industry, placing it in the top 10.3%.
Is Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio too high?
Poly Developments and Holdings Group Co's current Cyclically Adjusted PS Ratio of 0.24 is 77% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 2.35. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Poly Developments and Holdings Group Co's value of 0.24 is 86.8% below this industry median. Based on the distribution chart, Poly Developments and Holdings Group Co ranks #140 out of 1355 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Poly Developments and Holdings Group Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Poly Developments and Holdings Group Co ranks #140 out of 1355 companies for Cyclically Adjusted PS Ratio. This places Poly Developments and Holdings Group Co in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.82. Poly Developments and Holdings Group Co's value of 0.24 is 86.8% below this benchmark. Historically, Poly Developments and Holdings Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.21 to 2.35 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.82, Poly Developments and Holdings Group Co 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 a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,355 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. Poly Developments and Holdings Group Co's current Cyclically Adjusted PS Ratio of 0.24 is 86.8% 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 Poly Developments and Holdings Group Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Poly Developments and Holdings Group Co's current Cyclically Adjusted PS Ratio is 0.24, which is 77% below 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 Poly Developments and Holdings Group Co stock overvalued right now?
Based on GuruFocus' analysis, Poly Developments and Holdings Group Co (SHSE:600048) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.06, compared to a current price of ¥5.28 — trading 34.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is 77% below median its 10-year median of 1.06 and 86.8% below the Real Estate industry median of 1.82. Poly Developments and Holdings Group Co's overall GF Score™ is 71/100 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 Poly Developments and Holdings Group Co (SHSE:600048), the current Cyclically Adjusted PS Ratio is 0.24 as of Aug. 01, 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 Poly Developments and Holdings Group Co (SHSE:600048) Overvalued in 2026?

Based on GuruFocus' analysis, Poly Developments and Holdings Group Co stock appears to be undervalued. The current stock price of ¥5.28 is trading 34.5% below its estimated GF Value™ of ¥8.06. GuruFocus considers Poly Developments and Holdings Group Co to be Possible Value Trap.

Key valuation signals for SHSE:600048:

  • Cyclically Adjusted PS Ratio: 0.24 (77% below median its 10-year median of 1.06)
  • GF Value™: ¥8.06 vs. price of ¥5.28 (34.5% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 86.8% below the Real Estate median (#140 of 1355)

No single metric tells the full story. See the SHSE:600048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Poly Developments and Holdings Group Co Business Description

Address No. 832, Yuejiang Middle Road, Floor 53-59, Poly Development Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510308
Poly Developments and Holdings Group Co Ltd is a real estate developer in China. It is principally engaged in the design, development, construction, and sale of residential and commercial properties, as well as the provision of property management services.
71GF Score

Get the complete analysis for SHSE:600048

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

¥5.28
Price
¥8.06
GF Value