Qianjiang Water Resources Development Co (SHSE:600283) Cyclically Adjusted PS Ratio: 2.21 (As of Aug. 08, 2026) — 39% Below Median

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SHSE:600283 Qianjiang Water Resources Development Co Ltd SHSE:600283
77 GF Score
Price ¥7.88
GF Value ¥10.72
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Qianjiang Water Resources Development Co Cyclically Adjusted PS Ratio?

Qianjiang Water Resources Development Co SHSE:600283 -0.76% 77 Cyclically Adjusted PS Ratio is 2.21 as of Aug. 08, 2026, which is 39% below its 10-year median of 3.64. GuruFocus rates SHSE:600283 with a GF Score™ of 77/100 and a GF Value™ of ¥10.72 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 441 Utilities - Regulated companies, Qianjiang Water Resources Development Co ranks worse than 65.31% on this metric.

As of today (2026-08-08), Qianjiang Water Resources Development Co's current share price is ¥7.88. Qianjiang Water Resources Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥3.56. Qianjiang Water Resources Development Co's Cyclically Adjusted PS Ratio for today is 2.21.

The historical rank and industry rank for Qianjiang Water Resources Development Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600283' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.14   Med: 3.64   Max: 5.81
Current: 2.15

During the past years, Qianjiang Water Resources Development Co's highest Cyclically Adjusted PS Ratio was 5.81. The lowest was 2.14. And the median was 3.64.

SHSE:600283's Cyclically Adjusted PS Ratio is ranked worse than
65.31% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs SHSE:600283: 2.15

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.

Qianjiang Water Resources Development Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.961. 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 ¥3.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qianjiang Water Resources Development Co  (SHSE:600283) 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.


Qianjiang Water Resources Development Co Cyclically Adjusted PS Ratio Related Terms


Qianjiang Water Resources Development Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Qianjiang Water Resources Development 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.

Qianjiang Water Resources Development Co Cyclically Adjusted PS Ratio Chart

Qianjiang Water Resources Development 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 3.91 3.46 3.18 2.99 2.62

Qianjiang Water Resources Development 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 3.11 3.19 2.84 2.62 2.59

SHSE:600283 vs AWK, WTRG, AWR: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, Qianjiang Water Resources Development 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.


Qianjiang Water Resources Development Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Qianjiang Water Resources Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Qianjiang Water Resources Development Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600283
77GF Score
Qianjiang Water Resources Development Co Ltd SHSE:600283
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Qianjiang Water Resources Development 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.

Qianjiang Water Resources Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.88/3.56
=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.

Qianjiang Water Resources Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Qianjiang Water Resources Development 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)
=0.961/116.3033*116.3033
=0.961

Current CPI (Mar. 2026) = 116.3033.

Qianjiang Water Resources Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.258 101.400 0.296
201609 0.434 102.400 0.493
201612 0.499 102.600 0.566
201703 0.559 103.200 0.630
201706 0.380 103.100 0.429
201709 0.546 104.100 0.610
201712 0.611 104.500 0.680
201803 0.491 105.300 0.542
201806 0.538 104.900 0.596
201809 0.531 106.600 0.579
201812 0.544 106.500 0.594
201903 0.503 107.700 0.543
201906 0.507 107.700 0.548
201909 0.582 109.800 0.616
201912 0.680 111.200 0.711
202003 0.481 112.300 0.498
202006 0.780 110.400 0.822
202009 0.640 111.700 0.666
202012 0.826 111.500 0.862
202103 0.623 112.662 0.643
202106 0.765 111.769 0.796
202109 0.837 112.215 0.867
202112 0.914 113.108 0.940
202203 0.737 114.335 0.750
202206 0.846 114.558 0.859
202209 0.960 115.339 0.968
202212 1.176 115.116 1.188
202303 0.817 115.116 0.825
202306 1.037 114.558 1.053
202309 1.168 115.339 1.178
202312 2.101 114.781 2.129
202403 1.352 115.227 1.365
202406 1.508 114.781 1.528
202409 1.093 115.785 1.098
202412 1.521 114.893 1.540
202503 0.913 115.116 0.922
202506 0.976 114.907 0.988
202509 1.122 115.471 1.130
202512 2.589 115.832 2.600
202603 0.961 116.303 0.961

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?
Qianjiang Water Resources Development Co (SHSE:600283) has a Cyclically Adjusted PS Ratio of 2.21 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 Qianjiang Water Resources Development Co and its competitors. This is 39% below median its historical median of 3.64. Over the past decade, Qianjiang Water Resources Development Co's Cyclically Adjusted PS Ratio has ranged from 2.14 to 5.81. According to the industry distribution chart, Qianjiang Water Resources Development Co ranks #288 out of 441 companies in the Utilities - Regulated industry, placing it in the top 65.3%.
Is Qianjiang Water Resources Development Co's Cyclically Adjusted PS Ratio too high?
Qianjiang Water Resources Development Co's current Cyclically Adjusted PS Ratio of 2.21 is 39% below median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 5.81. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Qianjiang Water Resources Development Co's value of 2.21 is 54.5% above this industry median. Based on the distribution chart, Qianjiang Water Resources Development Co ranks #288 out of 441 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Qianjiang Water Resources Development Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qianjiang Water Resources Development Co's Cyclically Adjusted PS Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Qianjiang Water Resources Development Co ranks #288 out of 441 companies for Cyclically Adjusted PS Ratio. This places Qianjiang Water Resources Development Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Qianjiang Water Resources Development Co's value of 2.21 is 54.5% above this benchmark. Historically, Qianjiang Water Resources Development Co's own Cyclically Adjusted PS Ratio has ranged from 2.14 to 5.81 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 1.43, Qianjiang Water Resources Development 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.43, based on 441 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. Qianjiang Water Resources Development Co's current Cyclically Adjusted PS Ratio of 2.21 is 54.5% 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 Qianjiang Water Resources Development Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qianjiang Water Resources Development Co's current Cyclically Adjusted PS Ratio is 2.21, which is 39% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qianjiang Water Resources Development Co stock overvalued right now?
Based on GuruFocus' analysis, Qianjiang Water Resources Development Co (SHSE:600283) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.72, compared to a current price of ¥7.88 — trading 26.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.21, which is 39% below median its 10-year median of 3.64 and 54.5% above the Utilities - Regulated industry median of 1.43. Qianjiang Water Resources Development Co's overall GF Score™ is 77/100 with 7 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 Qianjiang Water Resources Development Co (SHSE:600283), the current Cyclically Adjusted PS Ratio is 2.21 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 Qianjiang Water Resources Development Co (SHSE:600283) Overvalued in 2026?

Based on GuruFocus' analysis, Qianjiang Water Resources Development Co stock appears to be undervalued. The current stock price of ¥7.88 is trading 26.5% below its estimated GF Value™ of ¥10.72. GuruFocus considers Qianjiang Water Resources Development Co to be Modestly Undervalued.

Key valuation signals for SHSE:600283:

  • Cyclically Adjusted PS Ratio: 2.21 (39% below median its 10-year median of 3.64)
  • GF Value™: ¥10.72 vs. price of ¥7.88 (26.5% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 54.5% above the Utilities - Regulated median (#288 of 441)

No single metric tells the full story. See the SHSE:600283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qianjiang Water Resources Development Co Business Description

Address No. 3 Santaishan Road, Zhejiang, hangzhou, CHN, 310013
Qianjiang Water Resources Development Co Ltd is a China-based company is involved in hydropower and water supply business. In addition, it is involved in the real estate development activities; distribution of materials and spare parts; and other services.
77GF Score

Get the complete analysis for SHSE:600283

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

¥7.88
Price
¥10.72
GF Value