Liaoning Shidai Waheng Co (SHSE:600241) Cyclically Adjusted PS Ratio: 2.21 (As of Aug. 12, 2026) — 77% 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:600241 Liaoning Shidai Waheng Co Ltd SHSE:600241
58 GF Score
Price ¥7.30
GF Value ¥6.27
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Liaoning Shidai Waheng Co Cyclically Adjusted PS Ratio?

Liaoning Shidai Waheng Co SHSE:600241 -0.41% 58 Cyclically Adjusted PS Ratio is 2.21 as of Aug. 12, 2026, which is 77% above its 10-year median of 1.25. GuruFocus rates SHSE:600241 with a GF Score™ of 58/100 and a GF Value™ of ¥6.27 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 884 Manufacturing - Apparel & Accessories companies, Liaoning Shidai Waheng Co ranks worse than 81.11% on this metric.

As of today (2026-08-12), Liaoning Shidai Waheng Co's current share price is ¥7.30. Liaoning Shidai Waheng Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥3.31. Liaoning Shidai Waheng Co's Cyclically Adjusted PS Ratio for today is 2.21.

The historical rank and industry rank for Liaoning Shidai Waheng Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600241' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.25   Max: 2.96
Current: 2.16

During the past years, Liaoning Shidai Waheng Co's highest Cyclically Adjusted PS Ratio was 2.96. The lowest was 0.35. And the median was 1.25.

SHSE:600241's Cyclically Adjusted PS Ratio is ranked worse than
81.11% of 884 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs SHSE:600241: 2.16

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.

Liaoning Shidai Waheng Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.321. 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 ¥3.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liaoning Shidai Waheng Co  (SHSE:600241) 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.


Liaoning Shidai Waheng Co Cyclically Adjusted PS Ratio Related Terms


Liaoning Shidai Waheng Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Liaoning Shidai Waheng 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.

Liaoning Shidai Waheng Co Cyclically Adjusted PS Ratio Chart

Liaoning Shidai Waheng 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 1.44 1.70 1.86 1.64 2.47

Liaoning Shidai Waheng 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 1.67 2.76 2.25 2.47 2.98

SHSE:600241 vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, Liaoning Shidai Waheng 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.


Liaoning Shidai Waheng Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Liaoning Shidai Waheng Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Liaoning Shidai Waheng Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600241
58GF Score
Liaoning Shidai Waheng Co Ltd SHSE:600241
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liaoning Shidai Waheng 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.

Liaoning Shidai Waheng Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.30/3.31
=2.21

* 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.

Liaoning Shidai Waheng Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Liaoning Shidai Waheng 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)
=0.321/116.3033*116.3033
=0.321

Current CPI (Mar. 2026) = 116.3033.

Liaoning Shidai Waheng Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.757 101.400 0.868
201609 2.489 102.400 2.827
201612 3.672 102.600 4.162
201703 1.116 103.200 1.258
201706 1.303 103.100 1.470
201709 2.073 104.100 2.316
201712 2.271 104.500 2.528
201803 0.897 105.300 0.991
201806 1.045 104.900 1.159
201809 0.261 106.600 0.285
201812 0.423 106.500 0.462
201903 0.354 107.700 0.382
201906 0.307 107.700 0.332
201909 0.409 109.800 0.433
201912 0.452 111.200 0.473
202003 0.313 112.300 0.324
202006 0.271 110.400 0.285
202009 0.715 111.700 0.744
202012 0.452 111.500 0.471
202103 0.546 112.662 0.564
202106 0.605 111.769 0.630
202109 0.639 112.215 0.662
202112 0.892 113.108 0.917
202203 0.710 114.335 0.722
202206 1.021 114.558 1.037
202209 0.816 115.339 0.823
202212 0.583 115.116 0.589
202303 0.581 115.116 0.587
202306 0.639 114.558 0.649
202309 0.528 115.339 0.532
202312 0.485 114.781 0.491
202403 0.198 115.227 0.200
202406 0.420 114.781 0.426
202409 0.392 115.785 0.394
202412 0.371 114.893 0.376
202503 0.220 115.116 0.222
202506 0.203 114.907 0.205
202509 0.601 115.471 0.605
202512 0.354 115.832 0.355
202603 0.321 116.303 0.321

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 2.21 mean?
Liaoning Shidai Waheng Co (SHSE:600241) has a Cyclically Adjusted PS Ratio of 2.21 as of Aug. 12, 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 Liaoning Shidai Waheng Co and its competitors. This is 77% above median its historical median of 1.25. Over the past decade, Liaoning Shidai Waheng Co's Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.96. According to the industry distribution chart, Liaoning Shidai Waheng Co ranks #717 out of 884 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81.1%.
Is Liaoning Shidai Waheng Co's Cyclically Adjusted PS Ratio too high?
Liaoning Shidai Waheng Co's current Cyclically Adjusted PS Ratio of 2.21 is 77% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.96. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Liaoning Shidai Waheng Co's value of 2.21 is 240% above this industry median. Based on the distribution chart, Liaoning Shidai Waheng Co ranks #717 out of 884 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Liaoning Shidai Waheng Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liaoning Shidai Waheng Co's Cyclically Adjusted PS Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Liaoning Shidai Waheng Co ranks #717 out of 884 companies for Cyclically Adjusted PS Ratio. This places Liaoning Shidai Waheng Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Liaoning Shidai Waheng Co's value of 2.21 is 240% above this benchmark. Historically, Liaoning Shidai Waheng Co's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.96 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.65, Liaoning Shidai Waheng 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 884 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. Liaoning Shidai Waheng Co's current Cyclically Adjusted PS Ratio of 2.21 is 240% 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 Liaoning Shidai Waheng Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liaoning Shidai Waheng Co's current Cyclically Adjusted PS Ratio is 2.21, which is 77% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning Shidai Waheng Co stock overvalued right now?
Based on GuruFocus' analysis, Liaoning Shidai Waheng Co (SHSE:600241) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.27, compared to a current price of ¥7.30 — trading 16.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.21, which is 77% above median its 10-year median of 1.25 and 240% above the Manufacturing - Apparel & Accessories industry median of 0.65. Liaoning Shidai Waheng Co's overall GF Score™ is 58/100 with 2 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 Liaoning Shidai Waheng Co (SHSE:600241), the current Cyclically Adjusted PS Ratio is 2.21 as of Aug. 12, 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 Liaoning Shidai Waheng Co (SHSE:600241) Overvalued in 2026?

Based on GuruFocus' analysis, Liaoning Shidai Waheng Co stock appears to be overvalued. The current stock price of ¥7.30 is trading 16.4% above its estimated GF Value™ of ¥6.27. GuruFocus considers Liaoning Shidai Waheng Co to be Modestly Overvalued.

Key valuation signals for SHSE:600241:

  • Cyclically Adjusted PS Ratio: 2.21 (77% above median its 10-year median of 1.25)
  • GF Value™: ¥6.27 vs. price of ¥7.30 (16.4% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 240% above the Manufacturing - Apparel & Accessories median (#717 of 884)

No single metric tells the full story. See the SHSE:600241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liaoning Shidai Waheng Co Business Description

Address No. 7 Gangwan Street, Zhongshan District, Liaoning, Dalian, CHN, 116001
Liaoning Shidai Waheng Co Ltd is a China based company engaged in the apparel business. It is also involved in the provision of garment processing, fabric printing and dyeing, and freight forwarding services. Further, the group is also engaged in the development and sale of real estate properties; and financial equity investment activities.
58GF Score

Get the complete analysis for SHSE:600241

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

¥7.30
Price
¥6.27
GF Value