Shandong Hi-Speed Co (SHSE:600350) Cyclically Adjusted PS Ratio: 3.32 (As of Aug. 20, 2026) — Near Median

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SHSE:600350 Shandong Hi-Speed Co Ltd SHSE:600350
68 GF Score
Price ¥10.51
GF Value ¥8.22
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Shandong Hi-Speed Co Cyclically Adjusted PS Ratio?

Shandong Hi-Speed Co SHSE:600350 -0.10% 68 Cyclically Adjusted PS Ratio is 3.32 as of Aug. 20, 2026, which is 2% above its 10-year median of 3.26. GuruFocus rates SHSE:600350 with a GF Score™ of 68/100 and a GF Value™ of ¥8.22 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,372 Construction companies, Shandong Hi-Speed Co ranks worse than 88.12% on this metric.

As of today (2026-08-20), Shandong Hi-Speed Co's current share price is ¥10.51. Shandong Hi-Speed Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥3.17. Shandong Hi-Speed Co's Cyclically Adjusted PS Ratio for today is 3.32.

The historical rank and industry rank for Shandong Hi-Speed Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600350' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.53   Med: 3.26   Max: 5.12
Current: 3.42

During the past years, Shandong Hi-Speed Co's highest Cyclically Adjusted PS Ratio was 5.12. The lowest was 2.53. And the median was 3.26.

SHSE:600350's Cyclically Adjusted PS Ratio is ranked worse than
88.12% of 1372 companies
in the Construction industry
Industry Median: 0.7 vs SHSE:600350: 3.42

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.

Shandong Hi-Speed Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.788. 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 ¥3.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Hi-Speed Co  (SHSE:600350) 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.


Shandong Hi-Speed Co Cyclically Adjusted PS Ratio Related Terms


Shandong Hi-Speed Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Hi-Speed 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.

Shandong Hi-Speed Co Cyclically Adjusted PS Ratio Chart

Shandong Hi-Speed 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 2.70 2.57 2.75 3.61 3.13

Shandong Hi-Speed 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 3.68 3.60 2.83 3.13 3.37

Shandong Hi-Speed Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Shandong Hi-Speed 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.


Shandong Hi-Speed Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shandong Hi-Speed Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600350
68GF Score
Shandong Hi-Speed Co Ltd SHSE:600350
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Hi-Speed 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.

Shandong Hi-Speed Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.51/3.17
=3.32

* 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.

Shandong Hi-Speed Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shandong Hi-Speed 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)
=0.788/116.3033*116.3033
=0.788

Current CPI (Mar. 2026) = 116.3033.

Shandong Hi-Speed Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.345 101.400 0.396
201609 0.356 102.400 0.404
201612 0.775 102.600 0.879
201703 0.330 103.200 0.372
201706 0.364 103.100 0.411
201709 0.380 104.100 0.425
201712 0.615 104.500 0.684
201803 0.290 105.300 0.320
201806 0.332 104.900 0.368
201809 0.401 106.600 0.438
201812 0.393 106.500 0.429
201903 0.332 107.700 0.359
201906 0.660 107.700 0.713
201909 0.672 109.800 0.712
201912 0.508 111.200 0.531
202003 0.349 112.300 0.361
202006 0.481 110.400 0.507
202009 0.734 111.700 0.764
202012 0.933 111.500 0.973
202103 0.668 112.662 0.690
202106 0.801 111.769 0.833
202109 0.769 112.215 0.797
202112 0.922 113.108 0.948
202203 0.640 114.335 0.651
202206 0.817 114.558 0.829
202209 0.706 115.339 0.712
202212 1.797 115.116 1.816
202303 0.904 115.116 0.913
202306 1.132 114.558 1.149
202309 1.139 115.339 1.149
202312 1.420 114.781 1.439
202403 0.760 115.227 0.767
202406 1.306 114.781 1.323
202409 1.337 115.785 1.343
202412 1.412 114.893 1.429
202503 0.748 115.116 0.756
202506 1.119 114.907 1.133
202509 1.065 115.471 1.073
202512 1.139 115.832 1.144
202603 0.788 116.303 0.788

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 3.32 mean?
Shandong Hi-Speed Co (SHSE:600350) has a Cyclically Adjusted PS Ratio of 3.32 as of Aug. 20, 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 Shandong Hi-Speed Co and its competitors. This is near median its historical median of 3.26. Over the past decade, Shandong Hi-Speed Co's Cyclically Adjusted PS Ratio has ranged from 2.53 to 5.12. According to the industry distribution chart, Shandong Hi-Speed Co ranks #1209 out of 1372 companies in the Construction industry, placing it in the top 88.1%.
Is Shandong Hi-Speed Co's Cyclically Adjusted PS Ratio too high?
Shandong Hi-Speed Co's current Cyclically Adjusted PS Ratio of 3.32 is near median its 10-year median of 3.26. Over the past 10 years, this metric has ranged from a low of 2.53 to a high of 5.12. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Shandong Hi-Speed Co's value of 3.32 is 374.3% above this industry median. Based on the distribution chart, Shandong Hi-Speed Co ranks #1209 out of 1372 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shandong Hi-Speed Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hi-Speed Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, Shandong Hi-Speed Co ranks #1209 out of 1372 companies for Cyclically Adjusted PS Ratio. This places Shandong Hi-Speed Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Shandong Hi-Speed Co's value of 3.32 is 374.3% above this benchmark. Historically, Shandong Hi-Speed Co's own Cyclically Adjusted PS Ratio has ranged from 2.53 to 5.12 over the past decade. While the company's 10-year median is 3.26 vs. the industry median of 0.70, Shandong Hi-Speed 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 1,372 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. Shandong Hi-Speed Co's current Cyclically Adjusted PS Ratio of 3.32 is 374.3% 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 Shandong Hi-Speed 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. Shandong Hi-Speed Co's current Cyclically Adjusted PS Ratio is 3.32, which is near median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hi-Speed Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hi-Speed Co (SHSE:600350) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.22, compared to a current price of ¥10.51 — trading 27.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.32, which is near median its 10-year median of 3.26 and 374.3% above the Construction industry median of 0.70. Shandong Hi-Speed Co's overall GF Score™ is 68/100 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 Shandong Hi-Speed Co (SHSE:600350), the current Cyclically Adjusted PS Ratio is 3.32 as of Aug. 20, 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 Shandong Hi-Speed Co (SHSE:600350) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hi-Speed Co stock appears to be overvalued. The current stock price of ¥10.51 is trading 27.9% above its estimated GF Value™ of ¥8.22. GuruFocus considers Shandong Hi-Speed Co to be Modestly Overvalued.

Key valuation signals for SHSE:600350:

  • Cyclically Adjusted PS Ratio: 3.32 (near median its 10-year median of 3.26)
  • GF Value™: ¥8.22 vs. price of ¥10.51 (27.9% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 374.3% above the Construction median (#1209 of 1372)

No single metric tells the full story. See the SHSE:600350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Hi-Speed Co Business Description

Address No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.
68GF Score

Get the complete analysis for SHSE:600350

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

¥10.51
Price
¥8.22
GF Value