Chongqing Road & Bridge Co (SHSE:600106) Cyclically Adjusted PS Ratio: 31.65 (As of Sep. 16, 2026) — 89% Above 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:600106 Chongqing Road & Bridge Co Ltd SHSE:600106
63 GF Score
Price ¥4.40
GF Value ¥5.50
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Chongqing Road & Bridge Co Cyclically Adjusted PS Ratio?

Chongqing Road & Bridge Co SHSE:600106 +1.15% 63 Cyclically Adjusted PS Ratio is 31.65 as of Sep. 16, 2026, which is 89% above its 10-year median of 16.78. GuruFocus rates SHSE:600106 with a GF Score™ of 63/100 and a GF Value™ of ¥5.50 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,378 Construction companies, Chongqing Road & Bridge Co ranks worse than 99.42% on this metric.

As of today (2026-09-16), Chongqing Road & Bridge Co's current share price is ¥4.40. Chongqing Road & Bridge Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥0.14. Chongqing Road & Bridge Co's Cyclically Adjusted PS Ratio for today is 31.65.

The historical rank and industry rank for Chongqing Road & Bridge Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600106' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.85   Med: 16.78   Max: 48.81
Current: 32.01

During the past years, Chongqing Road & Bridge Co's highest Cyclically Adjusted PS Ratio was 48.81. The lowest was 8.85. And the median was 16.78.

SHSE:600106's Cyclically Adjusted PS Ratio is ranked worse than
99.42% of 1378 companies
in the Construction industry
Industry Median: 0.7 vs SHSE:600106: 32.01

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.

Chongqing Road & Bridge Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥0.019. 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 ¥0.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Road & Bridge Co  (SHSE:600106) 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.


Chongqing Road & Bridge Co Cyclically Adjusted PS Ratio Related Terms


Chongqing Road & Bridge Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chongqing Road & Bridge 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.

Chongqing Road & Bridge Co Cyclically Adjusted PS Ratio Chart

Chongqing Road & Bridge 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 20.74 24.55 36.70 34.29 42.88

Chongqing Road & Bridge 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 39.30 41.51 42.30 37.57 32.95

Chongqing Road & Bridge Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Chongqing Road & Bridge 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.


Chongqing Road & Bridge Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Chongqing Road & Bridge Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chongqing Road & Bridge Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600106
63GF Score
Chongqing Road & Bridge Co Ltd SHSE:600106
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chongqing Road & Bridge 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.

Chongqing Road & Bridge Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.40/0.139
=31.65

* 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.

Chongqing Road & Bridge Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chongqing Road & Bridge 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)
=0.019/116.0564*116.0564
=0.019

Current CPI (Jun. 2026) = 116.0564.

Chongqing Road & Bridge Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.055 102.400 0.062
201612 0.057 102.600 0.064
201703 0.045 103.200 0.051
201706 0.045 103.100 0.051
201709 0.045 104.100 0.050
201712 0.044 104.500 0.049
201803 0.045 105.300 0.050
201806 0.046 104.900 0.051
201809 0.045 106.600 0.049
201812 0.044 106.500 0.048
201903 0.044 107.700 0.047
201906 0.045 107.700 0.048
201909 0.045 109.800 0.048
201912 0.046 111.200 0.048
202003 0.046 112.300 0.048
202006 0.042 110.400 0.044
202009 0.032 111.700 0.033
202012 0.032 111.500 0.033
202103 0.031 112.662 0.032
202106 0.031 111.769 0.032
202109 0.031 112.215 0.032
202112 0.031 113.108 0.032
202203 0.023 114.335 0.023
202206 0.023 114.558 0.023
202209 0.023 115.339 0.023
202212 0.023 115.116 0.023
202303 0.022 115.116 0.022
202306 0.022 114.558 0.022
202309 0.022 115.339 0.022
202312 0.022 114.781 0.022
202403 0.021 115.227 0.021
202406 0.021 114.781 0.021
202409 0.021 115.785 0.021
202412 0.021 114.893 0.021
202503 0.021 115.116 0.021
202506 0.021 114.907 0.021
202509 0.021 115.471 0.021
202512 0.021 115.832 0.021
202603 0.018 116.303 0.018
202606 0.019 116.056 0.019

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 31.65 mean?
Chongqing Road & Bridge Co (SHSE:600106) has a Cyclically Adjusted PS Ratio of 31.65 as of Sep. 16, 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 Chongqing Road & Bridge Co and its competitors. This is 89% above median its historical median of 16.78. Over the past decade, Chongqing Road & Bridge Co's Cyclically Adjusted PS Ratio has ranged from 8.85 to 48.81. According to the industry distribution chart, Chongqing Road & Bridge Co ranks #1370 out of 1378 companies in the Construction industry, placing it in the top 99.4%.
Is Chongqing Road & Bridge Co's Cyclically Adjusted PS Ratio too high?
Chongqing Road & Bridge Co's current Cyclically Adjusted PS Ratio of 31.65 is 89% above median its 10-year median of 16.78. Over the past 10 years, this metric has ranged from a low of 8.85 to a high of 48.81. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Chongqing Road & Bridge Co's value of 31.65 is 4421.4% above this industry median. Based on the distribution chart, Chongqing Road & Bridge Co ranks #1370 out of 1378 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Chongqing Road & Bridge Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Road & Bridge Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, Chongqing Road & Bridge Co ranks #1370 out of 1378 companies for Cyclically Adjusted PS Ratio. This places Chongqing Road & Bridge Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Chongqing Road & Bridge Co's value of 31.65 is 4421.4% above this benchmark. Historically, Chongqing Road & Bridge Co's own Cyclically Adjusted PS Ratio has ranged from 8.85 to 48.81 over the past decade. While the company's 10-year median is 16.78 vs. the industry median of 0.70, Chongqing Road & Bridge 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,378 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. Chongqing Road & Bridge Co's current Cyclically Adjusted PS Ratio of 31.65 is 4421.4% 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 Chongqing Road & Bridge Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Road & Bridge Co's current Cyclically Adjusted PS Ratio is 31.65, which is 89% above median its own 10-year median of 16.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Road & Bridge Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Road & Bridge Co (SHSE:600106) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.50, compared to a current price of ¥4.40 — trading 20% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 31.65, which is 89% above median its 10-year median of 16.78 and 4421.4% above the Construction industry median of 0.70. Chongqing Road & Bridge Co'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 Chongqing Road & Bridge Co (SHSE:600106), the current Cyclically Adjusted PS Ratio is 31.65 as of Sep. 16, 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 Chongqing Road & Bridge Co (SHSE:600106) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Road & Bridge Co stock appears to be undervalued. The current stock price of ¥4.40 is trading 20% below its estimated GF Value™ of ¥5.50. GuruFocus considers Chongqing Road & Bridge Co to be Modestly Undervalued.

Key valuation signals for SHSE:600106:

  • Cyclically Adjusted PS Ratio: 31.65 (89% above median its 10-year median of 16.78)
  • GF Value™: ¥5.50 vs. price of ¥4.40 (20% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 4421.4% above the Construction median (#1370 of 1378)

No single metric tells the full story. See the SHSE:600106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Road & Bridge Co Business Description

Address No. 11 Danlong Road, Economic and Technological Development Zone, Nanping District, Chongqing, CHN, 400060
Chongqing Road & Bridge Co Ltd is engaged in the Construction, maintenance, operation and management of the Chongqing Niujiaotuo Jialing River Bridge and the Yangtze River Shibanpo Bridge; development of residential communities; operation, maintenance and management of the Jialing River Shimen Bridge and the Nanshan Tourist Highway.
63GF Score

Get the complete analysis for SHSE:600106

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

¥4.40
Price
¥5.50
GF Value