Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Cyclically Adjusted PS Ratio: 0.79 (As of Aug. 05, 2026) — Near Median

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SHSE:600320 Shanghai Zhenhua Heavy Industries Co Ltd SHSE:600320
77 GF Score
Price ¥4.26
GF Value ¥4.63
Valuation Fairly Valued
! 4 Warning Signs
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What is Shanghai Zhenhua Heavy Industries Co Cyclically Adjusted PS Ratio?

Shanghai Zhenhua Heavy Industries Co SHSE:600320 -0.70% 77 Cyclically Adjusted PS Ratio is 0.79 as of Aug. 05, 2026, which is 8% above its 10-year median of 0.73. GuruFocus rates SHSE:600320 with a GF Score™ of 77/100 and a GF Value™ of ¥4.63 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,297 Industrial Products companies, Shanghai Zhenhua Heavy Industries Co ranks better than 72.57% on this metric.

As of today (2026-08-05), Shanghai Zhenhua Heavy Industries Co's current share price is ¥4.26. Shanghai Zhenhua Heavy Industries Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥5.42. Shanghai Zhenhua Heavy Industries Co's Cyclically Adjusted PS Ratio for today is 0.79.

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

SHSE:600320' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.73   Max: 1.04
Current: 0.76

During the past years, Shanghai Zhenhua Heavy Industries Co's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.57. And the median was 0.73.

SHSE:600320's Cyclically Adjusted PS Ratio is ranked better than
72.57% of 2297 companies
in the Industrial Products industry
Industry Median: 1.71 vs SHSE:600320: 0.76

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 Zhenhua Heavy Industries Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.621. 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 ¥5.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Zhenhua Heavy Industries Co  (SHSE:600320) 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 Zhenhua Heavy Industries Co Cyclically Adjusted PS Ratio Related Terms


Shanghai Zhenhua Heavy Industries Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Zhenhua Heavy Industries 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 Zhenhua Heavy Industries Co Cyclically Adjusted PS Ratio Chart

Shanghai Zhenhua Heavy Industries 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 0.75 0.63 0.64 0.76 0.97

Shanghai Zhenhua Heavy Industries 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 0.84 0.85 0.85 0.97 0.93

SHSE:600320 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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 Zhenhua Heavy Industries Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Zhenhua Heavy Industries Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600320
77GF Score
Shanghai Zhenhua Heavy Industries Co Ltd SHSE:600320
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Zhenhua Heavy Industries 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 Zhenhua Heavy Industries Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.26/5.42
=0.79

* 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 Zhenhua Heavy Industries Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanghai Zhenhua Heavy Industries 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)
=1.621/116.3033*116.3033
=1.621

Current CPI (Mar. 2026) = 116.3033.

Shanghai Zhenhua Heavy Industries Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.595 101.400 1.829
201609 1.269 102.400 1.441
201612 0.932 102.600 1.056
201703 1.061 103.200 1.196
201706 1.217 103.100 1.373
201709 0.909 104.100 1.016
201712 1.670 104.500 1.859
201803 0.898 105.300 0.992
201806 0.964 104.900 1.069
201809 0.863 106.600 0.942
201812 1.107 106.500 1.209
201903 0.917 107.700 0.990
201906 1.005 107.700 1.085
201909 1.029 109.800 1.090
201912 1.913 111.200 2.001
202003 0.855 112.300 0.885
202006 0.796 110.400 0.839
202009 1.004 111.700 1.045
202012 1.604 111.500 1.673
202103 0.622 112.662 0.642
202106 1.104 111.769 1.149
202109 0.943 112.215 0.977
202112 1.817 113.108 1.868
202203 0.624 114.335 0.635
202206 0.501 114.558 0.509
202209 0.867 115.339 0.874
202212 2.110 115.116 2.132
202303 1.115 115.116 1.127
202306 1.377 114.558 1.398
202309 1.578 115.339 1.591
202312 2.443 114.781 2.475
202403 1.541 115.227 1.555
202406 1.665 114.781 1.687
202409 1.485 115.785 1.492
202412 1.780 114.893 1.802
202503 1.601 115.116 1.618
202506 1.631 114.907 1.651
202509 1.583 115.471 1.594
202512 2.178 115.832 2.187
202603 1.621 116.303 1.621

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 0.79 mean?
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a Cyclically Adjusted PS Ratio of 0.79 as of Aug. 05, 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 Zhenhua Heavy Industries Co and its competitors. This is near median its historical median of 0.73. Over the past decade, Shanghai Zhenhua Heavy Industries Co's Cyclically Adjusted PS Ratio has ranged from 0.57 to 1.04. According to the industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #630 out of 2297 companies in the Industrial Products industry, placing it in the top 27.4%.
Is Shanghai Zhenhua Heavy Industries Co's Cyclically Adjusted PS Ratio too high?
Shanghai Zhenhua Heavy Industries Co's current Cyclically Adjusted PS Ratio of 0.79 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.04. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Shanghai Zhenhua Heavy Industries Co's value of 0.79 is 53.8% below this industry median. Based on the distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #630 out of 2297 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #630 out of 2297 companies for Cyclically Adjusted PS Ratio. This puts Shanghai Zhenhua Heavy Industries Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Shanghai Zhenhua Heavy Industries Co's value of 0.79 is 53.8% below this benchmark. Historically, Shanghai Zhenhua Heavy Industries Co's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 1.04 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.71, Shanghai Zhenhua Heavy Industries 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,297 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 Zhenhua Heavy Industries Co's current Cyclically Adjusted PS Ratio of 0.79 is 53.8% 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 Zhenhua Heavy Industries Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhenhua Heavy Industries Co's current Cyclically Adjusted PS Ratio is 0.79, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.63, compared to a current price of ¥4.26 — trading 8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.79, which is near median its 10-year median of 0.73 and 53.8% below the Industrial Products industry median of 1.71. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 77/100 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current Cyclically Adjusted PS Ratio is 0.79 as of Aug. 05, 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 Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued. The current stock price of ¥4.26 is trading 8% below its estimated GF Value™ of ¥4.63. GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Fairly Valued.

Key valuation signals for SHSE:600320:

  • Cyclically Adjusted PS Ratio: 0.79 (near median its 10-year median of 0.73)
  • GF Value™: ¥4.63 vs. price of ¥4.26 (8% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 53.8% below the Industrial Products median (#630 of 2297)

No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Zhenhua Heavy Industries Co Business Description

Other Exchanges 900947:China
Address No.3470, Pudong South Road, Shanghai, CHN, 200125
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
77GF Score

Get the complete analysis for SHSE:600320

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

¥4.26
Price
¥4.63
GF Value