Jiangxi Ganyue Expressway Co (SHSE:600269) Cyclically Adjusted PS Ratio: 1.48 (As of Aug. 24, 2026) — 23% Below Median

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SHSE:600269 Jiangxi Ganyue Expressway Co Ltd SHSE:600269
58 GF Score
Price ¥3.78
GF Value ¥4.15
Valuation Fairly Valued
! 4 Warning Signs
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What is Jiangxi Ganyue Expressway Co Cyclically Adjusted PS Ratio?

Jiangxi Ganyue Expressway Co SHSE:600269 +0.53% 58 Cyclically Adjusted PS Ratio is 1.48 as of Aug. 24, 2026, which is 23% below its 10-year median of 1.93. GuruFocus rates SHSE:600269 with a GF Score™ of 58/100 and a GF Value™ of ¥4.15 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,374 Construction companies, Jiangxi Ganyue Expressway Co ranks worse than 71.03% on this metric.

As of today (2026-08-24), Jiangxi Ganyue Expressway Co's current share price is ¥3.78. Jiangxi Ganyue Expressway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥2.56. Jiangxi Ganyue Expressway Co's Cyclically Adjusted PS Ratio for today is 1.48.

The historical rank and industry rank for Jiangxi Ganyue Expressway Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600269' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.93   Max: 3.05
Current: 1.47

During the past years, Jiangxi Ganyue Expressway Co's highest Cyclically Adjusted PS Ratio was 3.05. The lowest was 1.35. And the median was 1.93.

SHSE:600269's Cyclically Adjusted PS Ratio is ranked worse than
71.03% of 1374 companies
in the Construction industry
Industry Median: 0.7 vs SHSE:600269: 1.47

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.

Jiangxi Ganyue Expressway Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥0.500. 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 ¥2.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangxi Ganyue Expressway Co  (SHSE:600269) 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.


Jiangxi Ganyue Expressway Co Cyclically Adjusted PS Ratio Related Terms


Jiangxi Ganyue Expressway Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jiangxi Ganyue Expressway 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.

Jiangxi Ganyue Expressway Co Cyclically Adjusted PS Ratio Chart

Jiangxi Ganyue Expressway 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 1.55 1.43 1.66 2.22 2.03

Jiangxi Ganyue Expressway 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 1.98 1.90 2.03 1.83 1.56

Jiangxi Ganyue Expressway Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Jiangxi Ganyue Expressway 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.


Jiangxi Ganyue Expressway Co Cyclically Adjusted PS Ratio vs Construction Industry

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

* The bar in red indicates where Jiangxi Ganyue Expressway Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600269
58GF Score
Jiangxi Ganyue Expressway Co Ltd SHSE:600269
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangxi Ganyue Expressway 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.

Jiangxi Ganyue Expressway Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.78/2.56
=1.48

* 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.

Jiangxi Ganyue Expressway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangxi Ganyue Expressway 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)
=0.5/116.0564*116.0564
=0.500

Current CPI (Jun. 2026) = 116.0564.

Jiangxi Ganyue Expressway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.373 102.400 0.423
201612 0.550 102.600 0.622
201703 0.508 103.200 0.571
201706 0.410 103.100 0.462
201709 0.486 104.100 0.542
201712 0.452 104.500 0.502
201803 0.470 105.300 0.518
201806 0.413 104.900 0.457
201809 0.465 106.600 0.506
201812 0.604 106.500 0.658
201903 0.474 107.700 0.511
201906 0.448 107.700 0.483
201909 0.534 109.800 0.564
201912 0.750 111.200 0.783
202003 0.315 112.300 0.326
202006 0.456 110.400 0.479
202009 0.644 111.700 0.669
202012 1.047 111.500 1.090
202103 0.565 112.662 0.582
202106 0.607 111.769 0.630
202109 0.618 112.215 0.639
202112 0.939 113.108 0.963
202203 0.793 114.335 0.805
202206 0.543 114.558 0.550
202209 0.574 115.339 0.578
202212 0.986 115.116 0.994
202303 0.662 115.116 0.667
202306 0.807 114.558 0.818
202309 0.746 115.339 0.751
202312 0.967 114.781 0.978
202403 0.678 115.227 0.683
202406 0.708 114.781 0.716
202409 0.557 115.785 0.558
202412 0.633 114.893 0.639
202503 0.656 115.116 0.661
202506 0.675 114.907 0.682
202509 0.561 115.471 0.564
202512 0.810 115.832 0.812
202603 0.654 116.303 0.653
202606 0.500 116.056 0.500

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 1.48 mean?
Jiangxi Ganyue Expressway Co (SHSE:600269) has a Cyclically Adjusted PS Ratio of 1.48 as of Aug. 24, 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 Jiangxi Ganyue Expressway Co and its competitors. This is 23% below median its historical median of 1.93. Over the past decade, Jiangxi Ganyue Expressway Co's Cyclically Adjusted PS Ratio has ranged from 1.35 to 3.05. According to the industry distribution chart, Jiangxi Ganyue Expressway Co ranks #976 out of 1374 companies in the Construction industry, placing it in the top 71%.
Is Jiangxi Ganyue Expressway Co's Cyclically Adjusted PS Ratio too high?
Jiangxi Ganyue Expressway Co's current Cyclically Adjusted PS Ratio of 1.48 is 23% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 3.05. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Jiangxi Ganyue Expressway Co's value of 1.48 is 111.4% above this industry median. Based on the distribution chart, Jiangxi Ganyue Expressway Co ranks #976 out of 1374 companies in the Construction industry, which is below the industry midpoint. Overall, Jiangxi Ganyue Expressway Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Ganyue Expressway Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, Jiangxi Ganyue Expressway Co ranks #976 out of 1374 companies for Cyclically Adjusted PS Ratio. This places Jiangxi Ganyue Expressway Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Jiangxi Ganyue Expressway Co's value of 1.48 is 111.4% above this benchmark. Historically, Jiangxi Ganyue Expressway Co's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 3.05 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 0.70, Jiangxi Ganyue Expressway 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 1,374 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. Jiangxi Ganyue Expressway Co's current Cyclically Adjusted PS Ratio of 1.48 is 111.4% 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 Jiangxi Ganyue Expressway 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. Jiangxi Ganyue Expressway Co's current Cyclically Adjusted PS Ratio is 1.48, which is 23% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Ganyue Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Ganyue Expressway Co (SHSE:600269) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.15, compared to a current price of ¥3.78 — trading 8.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.48, which is 23% below median its 10-year median of 1.93 and 111.4% above the Construction industry median of 0.70. Jiangxi Ganyue Expressway Co's overall GF Score™ is 58/100 with 4 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 Jiangxi Ganyue Expressway Co (SHSE:600269), the current Cyclically Adjusted PS Ratio is 1.48 as of Aug. 24, 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 Jiangxi Ganyue Expressway Co (SHSE:600269) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangxi Ganyue Expressway Co stock appears to be undervalued. The current stock price of ¥3.78 is trading 8.9% below its estimated GF Value™ of ¥4.15. GuruFocus considers Jiangxi Ganyue Expressway Co to be Fairly Valued.

Key valuation signals for SHSE:600269:

  • Cyclically Adjusted PS Ratio: 1.48 (23% below median its 10-year median of 1.93)
  • GF Value™: ¥4.15 vs. price of ¥3.78 (8.9% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 111.4% above the Construction median (#976 of 1374)

No single metric tells the full story. See the SHSE:600269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangxi Ganyue Expressway Co Business Description

Address No. 199, Torch Street, Yanneng Building, igh-tech Development Zone, Jiangxi, Nanchang, CHN, 330025
Jiangxi Ganyue Expressway Co Ltd is a Chinese company engaged in the investment, construction, operation, and management of toll highways and roads.
58GF Score

Get the complete analysis for SHSE:600269

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

¥3.78
Price
¥4.15
GF Value