Taiyuan Heavy Industry Co (SHSE:600169) Cyclically Adjusted PS Ratio: 0.73 (As of Aug. 13, 2026) — Near Median

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SHSE:600169 Taiyuan Heavy Industry Co Ltd SHSE:600169
52 GF Score
Price ¥2.06
GF Value ¥2.77
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Taiyuan Heavy Industry Co Cyclically Adjusted PS Ratio?

Taiyuan Heavy Industry Co SHSE:600169 -0.96% 52 Cyclically Adjusted PS Ratio is 0.73 as of Aug. 13, 2026, which is 8% below its 10-year median of 0.79. GuruFocus rates SHSE:600169 with a GF Score™ of 52/100 and a GF Value™ of ¥2.77 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,291 Industrial Products companies, Taiyuan Heavy Industry Co ranks better than 73.81% on this metric.

As of today (2026-08-13), Taiyuan Heavy Industry Co's current share price is ¥2.06. Taiyuan Heavy Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥2.82. Taiyuan Heavy Industry Co's Cyclically Adjusted PS Ratio for today is 0.73.

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

SHSE:600169' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.79   Max: 1.13
Current: 0.73

During the past years, Taiyuan Heavy Industry Co's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.47. And the median was 0.79.

SHSE:600169's Cyclically Adjusted PS Ratio is ranked better than
73.81% of 2291 companies
in the Industrial Products industry
Industry Median: 1.81 vs SHSE:600169: 0.73

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.

Taiyuan Heavy Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.845. 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 ¥2.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiyuan Heavy Industry Co  (SHSE:600169) 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.


Taiyuan Heavy Industry Co Cyclically Adjusted PS Ratio Related Terms


Taiyuan Heavy Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiyuan 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.

Taiyuan Heavy Industry Co Cyclically Adjusted PS Ratio Chart

Taiyuan 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 0.89 0.78 0.83 0.91 0.83

Taiyuan 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 0.87 0.89 0.96 0.83 0.87

SHSE:600169 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Taiyuan 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.


Taiyuan Heavy Industry Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taiyuan Heavy Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:600169
52GF Score
Taiyuan Heavy Industry Co Ltd SHSE:600169
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiyuan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.06/2.82
=0.73

* 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.

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

For example, Taiyuan 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)
=0.845/116.3033*116.3033
=0.845

Current CPI (Mar. 2026) = 116.3033.

Taiyuan Heavy Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.254 101.400 0.291
201609 0.436 102.400 0.495
201612 0.544 102.600 0.617
201703 0.500 103.200 0.563
201706 0.777 103.100 0.877
201709 0.507 104.100 0.566
201712 1.061 104.500 1.181
201803 0.457 105.300 0.505
201806 0.620 104.900 0.687
201809 0.601 106.600 0.656
201812 0.976 106.500 1.066
201903 0.775 107.700 0.837
201906 0.639 107.700 0.690
201909 0.415 109.800 0.440
201912 0.748 111.200 0.782
202003 0.813 112.300 0.842
202006 0.711 110.400 0.749
202009 0.649 111.700 0.676
202012 1.102 111.500 1.149
202103 0.551 112.662 0.569
202106 0.658 111.769 0.685
202109 0.540 112.215 0.560
202112 0.749 113.108 0.770
202203 0.559 114.335 0.569
202206 0.652 114.558 0.662
202209 0.625 115.339 0.630
202212 0.568 115.116 0.574
202303 0.577 115.116 0.583
202306 0.634 114.558 0.644
202309 0.758 115.339 0.764
202312 0.500 114.781 0.507
202403 0.508 115.227 0.513
202406 0.564 114.781 0.571
202409 0.838 115.785 0.842
202412 1.041 114.893 1.054
202503 0.842 115.116 0.851
202506 0.571 114.907 0.578
202509 0.679 115.471 0.684
202512 1.035 115.832 1.039
202603 0.845 116.303 0.845

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 0.73 mean?
Taiyuan Heavy Industry Co (SHSE:600169) has a Cyclically Adjusted PS Ratio of 0.73 as of Aug. 13, 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 Taiyuan Heavy Industry Co and its competitors. This is near median its historical median of 0.79. Over the past decade, Taiyuan Heavy Industry Co's Cyclically Adjusted PS Ratio has ranged from 0.47 to 1.13. According to the industry distribution chart, Taiyuan Heavy Industry Co ranks #600 out of 2291 companies in the Industrial Products industry, placing it in the top 26.2%.
Is Taiyuan Heavy Industry Co's Cyclically Adjusted PS Ratio too high?
Taiyuan Heavy Industry Co's current Cyclically Adjusted PS Ratio of 0.73 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.13. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Taiyuan Heavy Industry Co's value of 0.73 is 59.7% below this industry median. Based on the distribution chart, Taiyuan Heavy Industry Co ranks #600 out of 2291 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Taiyuan Heavy Industry Co has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiyuan Heavy Industry Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Taiyuan Heavy Industry Co ranks #600 out of 2291 companies for Cyclically Adjusted PS Ratio. This puts Taiyuan Heavy Industry Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Taiyuan Heavy Industry Co's value of 0.73 is 59.7% below this benchmark. Historically, Taiyuan Heavy Industry Co's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 1.13 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.81, Taiyuan Heavy Industry 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,291 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. Taiyuan Heavy Industry Co's current Cyclically Adjusted PS Ratio of 0.73 is 59.7% 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 Taiyuan Heavy Industry Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyuan Heavy Industry Co's current Cyclically Adjusted PS Ratio is 0.73, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyuan Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyuan Heavy Industry Co (SHSE:600169) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.77, compared to a current price of ¥2.06 — trading 25.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is near median its 10-year median of 0.79 and 59.7% below the Industrial Products industry median of 1.81. Taiyuan Heavy Industry Co's overall GF Score™ is 52/100 with 6 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 Taiyuan Heavy Industry Co (SHSE:600169), the current Cyclically Adjusted PS Ratio is 0.73 as of Aug. 13, 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 Taiyuan Heavy Industry Co (SHSE:600169) Overvalued in 2026?

Based on GuruFocus' analysis, Taiyuan Heavy Industry Co stock appears to be undervalued. The current stock price of ¥2.06 is trading 25.6% below its estimated GF Value™ of ¥2.77. GuruFocus considers Taiyuan Heavy Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600169:

  • Cyclically Adjusted PS Ratio: 0.73 (near median its 10-year median of 0.79)
  • GF Value™: ¥2.77 vs. price of ¥2.06 (25.6% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 59.7% below the Industrial Products median (#600 of 2291)

No single metric tells the full story. See the SHSE:600169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiyuan Heavy Industry Co Business Description

Address No. 53 Yuhe Street, Waibailin District, Shanxi Province, Taiyuan, CHN, 030024
Taiyuan Heavy Industry Co Ltd is engaged in the manufacturing and distribution of heavy machinery in China. It manufactures cranes, excavators and coking devices, rolling mills, and forging equipment.
52GF Score

Get the complete analysis for SHSE:600169

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

¥2.06
Price
¥2.77
GF Value