Nanjing Central Emporium Group Stocks Co (SHSE:600280) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600280 Nanjing Central Emporium Group Stocks Co Ltd SHSE:600280
51 GF Score
Price ¥3.14
GF Value ¥2.79
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nanjing Central Emporium Group Stocks Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanjing Central Emporium Group Stocks Co  (SHSE:600280) 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.


Nanjing Central Emporium Group Stocks Co Cyclically Adjusted PS Ratio Related Terms


Nanjing Central Emporium Group Stocks Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nanjing Central Emporium Group Stocks 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.

Nanjing Central Emporium Group Stocks Co Cyclically Adjusted PS Ratio Chart

Nanjing Central Emporium Group Stocks 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 0.48 0.57 0.72 0.86 0.89

Nanjing Central Emporium Group Stocks 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 0.77 0.73 0.85 0.73 0.62

SHSE:600280 vs DDS: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Nanjing Central Emporium Group Stocks 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.


Nanjing Central Emporium Group Stocks Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nanjing Central Emporium Group Stocks Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nanjing Central Emporium Group Stocks Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600280
51GF Score
Nanjing Central Emporium Group Stocks Co Ltd SHSE:600280
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Central Emporium Group Stocks 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.

Nanjing Central Emporium Group Stocks Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nanjing Central Emporium Group Stocks 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)
=0.381/116.0564*116.0564
=0.381

Current CPI (Jun. 2026) = 116.0564.

Nanjing Central Emporium Group Stocks Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.190 101.400 1.362
201609 1.183 102.400 1.341
201612 1.712 102.600 1.937
201703 1.691 103.200 1.902
201706 2.087 103.100 2.349
201709 1.772 104.100 1.976
201712 1.732 104.500 1.924
201803 1.856 105.300 2.046
201806 1.764 104.900 1.952
201809 1.625 106.600 1.769
201812 1.992 106.500 2.171
201903 1.908 107.700 2.056
201906 1.532 107.700 1.651
201909 1.553 109.800 1.641
201912 2.154 111.200 2.248
202003 0.479 112.300 0.495
202009 0.725 111.700 0.753
202012 1.112 111.500 1.157
202103 0.951 112.662 0.980
202106 0.617 111.769 0.641
202109 0.569 112.215 0.588
202112 0.435 113.108 0.446
202203 0.583 114.335 0.592
202206 0.559 114.558 0.566
202209 0.580 115.339 0.584
202212 0.447 115.116 0.451
202303 0.527 115.116 0.531
202306 0.541 114.558 0.548
202309 0.501 115.339 0.504
202312 0.569 114.781 0.575
202403 0.561 115.227 0.565
202406 0.614 114.781 0.621
202409 0.422 115.785 0.423
202412 0.439 114.893 0.443
202503 0.573 115.116 0.578
202506 0.461 114.907 0.466
202509 0.409 115.471 0.411
202512 0.450 115.832 0.451
202603 0.456 116.303 0.455
202606 0.381 116.056 0.381

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.

Is Nanjing Central Emporium Group Stocks Co (SHSE:600280) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Central Emporium Group Stocks Co stock appears to be overvalued. The current stock price of ¥3.14 is trading 12.5% above its estimated GF Value™ of ¥2.79. GuruFocus considers Nanjing Central Emporium Group Stocks Co to be Modestly Overvalued.

Key valuation signals for SHSE:600280:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ¥2.79 vs. price of ¥3.14 (12.5% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Central Emporium Group Stocks Co Business Description

Address No. 79 Zhongshan South Road, Baixia District, Nanjing, Jiangsu, CHN, 210005
Nanjing Central Emporium Group Stocks Co Ltd is a Chinese company which operates retail department stores.
51GF Score

Get the complete analysis for SHSE:600280

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

¥3.14
Price
¥2.79
GF Value