Shanghai Construction Group Co (SHSE:600170) Cyclically Adjusted PS Ratio: 0.10 (As of Aug. 08, 2026) — 41% Below Median

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SHSE:600170 Shanghai Construction Group Co Ltd SHSE:600170
69 GF Score
Price ¥2.31
GF Value ¥1.85
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shanghai Construction Group Co Cyclically Adjusted PS Ratio?

Shanghai Construction Group Co SHSE:600170 -0.86% 69 Cyclically Adjusted PS Ratio is 0.10 as of Aug. 08, 2026, which is 41% below its 10-year median of 0.17. GuruFocus rates SHSE:600170 with a GF Score™ of 69/100 and a GF Value™ of ¥1.85 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,367 Construction companies, Shanghai Construction Group Co ranks better than 93.49% on this metric.

As of today (2026-08-08), Shanghai Construction Group Co's current share price is ¥2.31. Shanghai Construction Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥22.88. Shanghai Construction Group Co's Cyclically Adjusted PS Ratio for today is 0.10.

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

SHSE:600170' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.17   Max: 0.31
Current: 0.1

During the past years, Shanghai Construction Group Co's highest Cyclically Adjusted PS Ratio was 0.31. The lowest was 0.09. And the median was 0.17.

SHSE:600170's Cyclically Adjusted PS Ratio is ranked better than
93.49% of 1367 companies
in the Construction industry
Industry Median: 0.7 vs SHSE:600170: 0.10

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.

Shanghai Construction Group Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥5.526. 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 ¥22.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Construction Group Co  (SHSE:600170) 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.


Shanghai Construction Group Co Cyclically Adjusted PS Ratio Related Terms


Shanghai Construction Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Construction 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.

Shanghai Construction Group Co Cyclically Adjusted PS Ratio Chart

Shanghai Construction 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 0.19 0.13 0.11 0.12 0.12

Shanghai Construction 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 0.11 0.11 0.13 0.12 0.12

SHSE:600170 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Shanghai Construction 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.


Shanghai Construction Group Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shanghai Construction Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Construction Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600170
69GF Score
Shanghai Construction Group Co Ltd SHSE:600170
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Construction 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.

Shanghai Construction Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.31/22.88
=0.10

* 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.

Shanghai Construction Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanghai Construction 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)
=5.526/116.3033*116.3033
=5.526

Current CPI (Mar. 2026) = 116.3033.

Shanghai Construction Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.517 101.400 4.034
201609 3.293 102.400 3.740
201612 5.235 102.600 5.934
201703 3.177 103.200 3.580
201706 4.089 103.100 4.613
201709 3.661 104.100 4.090
201712 4.363 104.500 4.856
201803 3.499 105.300 3.865
201806 4.947 104.900 5.485
201809 3.560 106.600 3.884
201812 5.657 106.500 6.178
201903 4.970 107.700 5.367
201906 5.587 107.700 6.033
201909 5.116 109.800 5.419
201912 5.783 111.200 6.048
202003 1.964 112.300 2.034
202006 6.138 110.400 6.466
202009 6.742 111.700 7.020
202012 6.484 111.500 6.763
202103 0.451 112.662 0.466
202106 6.278 111.769 6.533
202109 9.505 112.215 9.851
202112 6.439 113.108 6.621
202203 8.305 114.335 8.448
202206 4.775 114.558 4.848
202209 9.612 115.339 9.692
202212 7.469 115.116 7.546
202303 5.427 115.116 5.483
202306 8.316 114.558 8.443
202309 7.288 115.339 7.349
202312 6.284 114.781 6.367
202403 5.148 115.227 5.196
202406 5.468 114.781 5.541
202409 7.309 115.785 7.342
202412 7.617 114.893 7.711
202503 8.989 115.116 9.082
202506 4.558 114.907 4.613
202509 4.432 115.471 4.464
202512 2.230 115.832 2.239
202603 5.526 116.303 5.526

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 0.10 mean?
Shanghai Construction Group Co (SHSE:600170) has a Cyclically Adjusted PS Ratio of 0.10 as of Aug. 08, 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 Shanghai Construction Group Co and its competitors. This is 41% below median its historical median of 0.17. Over the past decade, Shanghai Construction Group Co's Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.31. According to the industry distribution chart, Shanghai Construction Group Co ranks #89 out of 1367 companies in the Construction industry, placing it in the top 6.5%.
Is Shanghai Construction Group Co's Cyclically Adjusted PS Ratio too high?
Shanghai Construction Group Co's current Cyclically Adjusted PS Ratio of 0.10 is 41% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.31. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Shanghai Construction Group Co's value of 0.10 is 85.7% below this industry median. Based on the distribution chart, Shanghai Construction Group Co ranks #89 out of 1367 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Construction Group Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Construction Group Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Construction Group Co ranks #89 out of 1367 companies for Cyclically Adjusted PS Ratio. This places Shanghai Construction Group Co in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. Shanghai Construction Group Co's value of 0.10 is 85.7% below this benchmark. Historically, Shanghai Construction Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.31 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.70, Shanghai Construction 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,367 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. Shanghai Construction Group Co's current Cyclically Adjusted PS Ratio of 0.10 is 85.7% 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 Shanghai Construction Group 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. Shanghai Construction Group Co's current Cyclically Adjusted PS Ratio is 0.10, which is 41% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Construction Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Construction Group Co (SHSE:600170) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.85, compared to a current price of ¥2.31 — trading 24.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.10, which is 41% below median its 10-year median of 0.17 and 85.7% below the Construction industry median of 0.70. Shanghai Construction Group Co's overall GF Score™ is 69/100 with 5 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 Shanghai Construction Group Co (SHSE:600170), the current Cyclically Adjusted PS Ratio is 0.10 as of Aug. 08, 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 Shanghai Construction Group Co (SHSE:600170) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Construction Group Co stock appears to be overvalued. The current stock price of ¥2.31 is trading 24.9% above its estimated GF Value™ of ¥1.85. GuruFocus considers Shanghai Construction Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600170:

  • Cyclically Adjusted PS Ratio: 0.10 (41% below median its 10-year median of 0.17)
  • GF Value™: ¥1.85 vs. price of ¥2.31 (24.9% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 85.7% below the Construction median (#89 of 1367)

No single metric tells the full story. See the SHSE:600170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Construction Group Co Business Description

Address No. 666, Dongdaming Road, Hongkou District, Shanghai, CHN, 200080
Shanghai Construction Group Co Ltd is a China-based company engaged in the construction business, with real estate development and urban construction investment business. It engages in contracting, design, construction, consulting and production, operation, and sale of supporting equipment, materials, and components for all types of construction projects at home and abroad.
69GF Score

Get the complete analysis for SHSE:600170

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

¥2.31
Price
¥1.85
GF Value