Changchun Gas Co (SHSE:600333) Cyclically Adjusted PS Ratio: 1.87 (As of Aug. 13, 2026) — 19% Above Median

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SHSE:600333 Changchun Gas Co Ltd SHSE:600333
55 GF Score
Price ¥6.16
GF Value ¥5.30
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Changchun Gas Co Cyclically Adjusted PS Ratio?

Changchun Gas Co SHSE:600333 -0.81% 55 Cyclically Adjusted PS Ratio is 1.87 as of Aug. 13, 2026, which is 19% above its 10-year median of 1.57. GuruFocus rates SHSE:600333 with a GF Score™ of 55/100 and a GF Value™ of ¥5.30 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 440 Utilities - Regulated companies, Changchun Gas Co ranks worse than 59.77% on this metric.

As of today (2026-08-13), Changchun Gas Co's current share price is ¥6.16. Changchun Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥3.30. Changchun Gas Co's Cyclically Adjusted PS Ratio for today is 1.87.

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

SHSE:600333' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.57   Max: 2.92
Current: 1.83

During the past years, Changchun Gas Co's highest Cyclically Adjusted PS Ratio was 2.92. The lowest was 1.01. And the median was 1.57.

SHSE:600333's Cyclically Adjusted PS Ratio is ranked worse than
59.77% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs SHSE:600333: 1.83

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.

Changchun Gas Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.139. 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 ¥3.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changchun Gas Co  (SHSE:600333) 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.


Changchun Gas Co Cyclically Adjusted PS Ratio Related Terms


Changchun Gas Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Changchun Gas 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.

Changchun Gas Co Cyclically Adjusted PS Ratio Chart

Changchun Gas 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 1.79 1.56 1.56 1.73 1.71

Changchun Gas 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 1.40 1.51 1.81 1.71 1.69

SHSE:600333 vs ATO, NI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Changchun Gas 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.


Changchun Gas Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Changchun Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Changchun Gas Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600333
55GF Score
Changchun Gas Co Ltd SHSE:600333
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Changchun Gas 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.

Changchun Gas Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.16/3.30
=1.87

* 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.

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

For example, Changchun Gas 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)
=1.139/116.3033*116.3033
=1.139

Current CPI (Mar. 2026) = 116.3033.

Changchun Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.611 101.400 0.701
201609 0.477 102.400 0.542
201612 1.225 102.600 1.389
201703 0.625 103.200 0.704
201706 0.409 103.100 0.461
201709 0.406 104.100 0.454
201712 0.940 104.500 1.046
201803 0.870 105.300 0.961
201806 0.375 104.900 0.416
201809 0.502 106.600 0.548
201812 0.750 106.500 0.819
201903 0.986 107.700 1.065
201906 0.367 107.700 0.396
201909 0.507 109.800 0.537
201912 1.351 111.200 1.413
202003 0.676 112.300 0.700
202006 0.433 110.400 0.456
202009 0.537 111.700 0.559
202012 1.601 111.500 1.670
202103 0.835 112.662 0.862
202106 0.491 111.769 0.511
202109 0.439 112.215 0.455
202112 1.172 113.108 1.205
202203 1.142 114.335 1.162
202206 0.371 114.558 0.377
202209 0.581 115.339 0.586
202212 0.997 115.116 1.007
202303 1.084 115.116 1.095
202306 0.495 114.558 0.503
202309 0.662 115.339 0.668
202312 1.445 114.781 1.464
202403 1.505 115.227 1.519
202406 0.558 114.781 0.565
202409 0.479 115.785 0.481
202412 1.091 114.893 1.104
202503 1.104 115.116 1.115
202506 0.615 114.907 0.622
202509 0.520 115.471 0.524
202512 1.185 115.832 1.190
202603 1.139 116.303 1.139

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 1.87 mean?
Changchun Gas Co (SHSE:600333) has a Cyclically Adjusted PS Ratio of 1.87 as of Aug. 13, 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 Changchun Gas Co and its competitors. This is 19% above median its historical median of 1.57. Over the past decade, Changchun Gas Co's Cyclically Adjusted PS Ratio has ranged from 1.01 to 2.92. According to the industry distribution chart, Changchun Gas Co ranks #263 out of 440 companies in the Utilities - Regulated industry, placing it in the top 59.8%.
Is Changchun Gas Co's Cyclically Adjusted PS Ratio too high?
Changchun Gas Co's current Cyclically Adjusted PS Ratio of 1.87 is 19% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.92. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.41. Changchun Gas Co's value of 1.87 is 32.6% above this industry median. Based on the distribution chart, Changchun Gas Co ranks #263 out of 440 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Changchun Gas Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Changchun Gas Co's Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Changchun Gas Co ranks #263 out of 440 companies for Cyclically Adjusted PS Ratio. This places Changchun Gas Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Changchun Gas Co's value of 1.87 is 32.6% above this benchmark. Historically, Changchun Gas Co's own Cyclically Adjusted PS Ratio has ranged from 1.01 to 2.92 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.41, Changchun Gas 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 1.41, based on 440 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. Changchun Gas Co's current Cyclically Adjusted PS Ratio of 1.87 is 32.6% 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 Changchun Gas Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changchun Gas Co's current Cyclically Adjusted PS Ratio is 1.87, which is 19% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changchun Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Changchun Gas Co (SHSE:600333) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.30, compared to a current price of ¥6.16 — trading 16.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.87, which is 19% above median its 10-year median of 1.57 and 32.6% above the Utilities - Regulated industry median of 1.41. Changchun Gas Co's overall GF Score™ is 55/100 with 9 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 Changchun Gas Co (SHSE:600333), the current Cyclically Adjusted PS Ratio is 1.87 as of Aug. 13, 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 Changchun Gas Co (SHSE:600333) Overvalued in 2026?

Based on GuruFocus' analysis, Changchun Gas Co stock appears to be overvalued. The current stock price of ¥6.16 is trading 16.2% above its estimated GF Value™ of ¥5.30. GuruFocus considers Changchun Gas Co to be Modestly Overvalued.

Key valuation signals for SHSE:600333:

  • Cyclically Adjusted PS Ratio: 1.87 (19% above median its 10-year median of 1.57)
  • GF Value™: ¥5.30 vs. price of ¥6.16 (16.2% above fair value)
  • GF Score™: 55/100 with 9 warning signs
  • Industry Position: 32.6% above the Utilities - Regulated median (#263 of 440)

No single metric tells the full story. See the SHSE:600333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changchun Gas Co Business Description

Address No. 421 Yan'an Street, Chaoyang District, Changchun, Jilin, CHN, 130061
Changchun Gas Co Ltd is engaged in the production and supply of gas in China. It engages in the production, sale, storage, transportation, and after-sales service of natural gas for automobiles; operation of gas filling stations. The company's business consists of Urban Pipeline Gas Supply, Municipal Engineering Construction, and Comprehensive Energy Services. The generates key revenue from Gas sales.
55GF Score

Get the complete analysis for SHSE:600333

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

¥6.16
Price
¥5.30
GF Value