Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) Cyclically Adjusted PS Ratio: 7.91 (As of Aug. 08, 2026) — 32% Above Median

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SHSE:600381 Qinghai Spring Medicinal Resources Technology Co Ltd SHSE:600381
64 GF Score
Price ¥4.27
GF Value ¥5.90
Valuation Modestly Undervalued
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What is Qinghai Spring Medicinal Resources Technology Co Cyclically Adjusted PS Ratio?

Qinghai Spring Medicinal Resources Technology Co SHSE:600381 -0.23% 64 Cyclically Adjusted PS Ratio is 7.91 as of Aug. 08, 2026, which is 32% above its 10-year median of 6.00. GuruFocus rates SHSE:600381 with a GF Score™ of 64/100 and a GF Value™ of ¥5.90 (Modestly Undervalued). Among 749 Drug Manufacturers companies, Qinghai Spring Medicinal Resources Technology Co ranks worse than 87.05% on this metric.

As of today (2026-08-08), Qinghai Spring Medicinal Resources Technology Co's current share price is ¥4.27. Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥0.54. Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted PS Ratio for today is 7.91.

The historical rank and industry rank for Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600381' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.86   Med: 6   Max: 13.13
Current: 7.88

During the past years, Qinghai Spring Medicinal Resources Technology Co's highest Cyclically Adjusted PS Ratio was 13.13. The lowest was 1.86. And the median was 6.00.

SHSE:600381's Cyclically Adjusted PS Ratio is ranked worse than
87.05% of 749 companies
in the Drug Manufacturers industry
Industry Median: 1.97 vs SHSE:600381: 7.88

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.

Qinghai Spring Medicinal Resources Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.079. 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 ¥0.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qinghai Spring Medicinal Resources Technology Co  (SHSE:600381) 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.


Qinghai Spring Medicinal Resources Technology Co Cyclically Adjusted PS Ratio Related Terms


Qinghai Spring Medicinal Resources Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Qinghai Spring Medicinal Resources Technology 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.

Qinghai Spring Medicinal Resources Technology Co Cyclically Adjusted PS Ratio Chart

Qinghai Spring Medicinal Resources Technology 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 5.98 10.07 6.49 4.89 8.02

Qinghai Spring Medicinal Resources Technology 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 6.65 6.70 8.25 8.02 5.63

SHSE:600381 vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Qinghai Spring Medicinal Resources Technology 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.


Qinghai Spring Medicinal Resources Technology Co Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600381
64GF Score
Qinghai Spring Medicinal Resources Technology Co Ltd SHSE:600381
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Qinghai Spring Medicinal Resources Technology 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.

Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.27/0.54
=7.91

* 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.

Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Qinghai Spring Medicinal Resources Technology 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)
=0.079/116.3033*116.3033
=0.079

Current CPI (Mar. 2026) = 116.3033.

Qinghai Spring Medicinal Resources Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.195 101.400 0.224
201609 0.250 102.400 0.284
201612 0.626 102.600 0.710
201703 0.174 103.200 0.196
201706 0.145 103.100 0.164
201709 0.222 104.100 0.248
201712 0.179 104.500 0.199
201803 0.158 105.300 0.175
201806 0.141 104.900 0.156
201809 0.105 106.600 0.115
201812 0.189 106.500 0.206
201903 0.123 107.700 0.133
201906 0.116 107.700 0.125
201909 0.061 109.800 0.065
201912 0.119 111.200 0.124
202003 0.022 112.300 0.023
202006 0.036 110.400 0.038
202009 0.049 111.700 0.051
202012 0.102 111.500 0.106
202103 0.034 112.662 0.035
202106 0.046 111.769 0.048
202109 0.058 112.215 0.060
202112 0.077 113.108 0.079
202203 0.128 114.335 0.130
202206 0.051 114.558 0.052
202209 0.040 115.339 0.040
202212 0.054 115.116 0.055
202303 0.096 115.116 0.097
202306 0.087 114.558 0.088
202309 0.092 115.339 0.093
202312 0.093 114.781 0.094
202403 0.144 115.227 0.145
202406 0.092 114.781 0.093
202409 0.103 115.785 0.103
202412 0.123 114.893 0.125
202503 0.146 115.116 0.148
202506 0.055 114.907 0.056
202509 0.155 115.471 0.156
202512 0.302 115.832 0.303
202603 0.079 116.303 0.079

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 7.91 mean?
Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) has a Cyclically Adjusted PS Ratio of 7.91 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 Qinghai Spring Medicinal Resources Technology Co and its competitors. This is 32% above median its historical median of 6.00. Over the past decade, Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted PS Ratio has ranged from 1.86 to 13.13. According to the industry distribution chart, Qinghai Spring Medicinal Resources Technology Co ranks #652 out of 749 companies in the Drug Manufacturers industry, placing it in the top 87%.
Is Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted PS Ratio too high?
Qinghai Spring Medicinal Resources Technology Co's current Cyclically Adjusted PS Ratio of 7.91 is 32% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 13.13. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 1.97. Qinghai Spring Medicinal Resources Technology Co's value of 7.91 is 301.5% above this industry median. Based on the distribution chart, Qinghai Spring Medicinal Resources Technology Co ranks #652 out of 749 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Qinghai Spring Medicinal Resources Technology Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qinghai Spring Medicinal Resources Technology Co's Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Qinghai Spring Medicinal Resources Technology Co ranks #652 out of 749 companies for Cyclically Adjusted PS Ratio. This places Qinghai Spring Medicinal Resources Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.97. Qinghai Spring Medicinal Resources Technology Co's value of 7.91 is 301.5% above this benchmark. Historically, Qinghai Spring Medicinal Resources Technology Co's own Cyclically Adjusted PS Ratio has ranged from 1.86 to 13.13 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 1.97, Qinghai Spring Medicinal Resources Technology 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 1.97, based on 749 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. Qinghai Spring Medicinal Resources Technology Co's current Cyclically Adjusted PS Ratio of 7.91 is 301.5% 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 Qinghai Spring Medicinal Resources Technology Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qinghai Spring Medicinal Resources Technology Co's current Cyclically Adjusted PS Ratio is 7.91, which is 32% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qinghai Spring Medicinal Resources Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.90, compared to a current price of ¥4.27 — trading 27.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.91, which is 32% above median its 10-year median of 6.00 and 301.5% above the Drug Manufacturers industry median of 1.97. Qinghai Spring Medicinal Resources Technology Co's overall GF Score™ is 64/100. 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 Qinghai Spring Medicinal Resources Technology Co (SHSE:600381), the current Cyclically Adjusted PS Ratio is 7.91 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 Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) Overvalued in 2026?

Based on GuruFocus' analysis, Qinghai Spring Medicinal Resources Technology Co stock appears to be undervalued. The current stock price of ¥4.27 is trading 27.6% below its estimated GF Value™ of ¥5.90. GuruFocus considers Qinghai Spring Medicinal Resources Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:600381:

  • Cyclically Adjusted PS Ratio: 7.91 (32% above median its 10-year median of 6.00)
  • GF Value™: ¥5.90 vs. price of ¥4.27 (27.6% below fair value)
  • GF Score™: 64/100
  • Industry Position: 301.5% above the Drug Manufacturers median (#652 of 749)

No single metric tells the full story. See the SHSE:600381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qinghai Spring Medicinal Resources Technology Co Business Description

Address East New Road 1, Xining Economic and Technological Development Zone, Xining, CHN, 810007
Qinghai Spring Medicinal Resources Technology Co Ltd is a China-based company that principally engaged in the integrated development, utilization, production, sales, and consulting services of the natural advantageous resources on the Qinghai-Tibet plateau, as well as the development and utilization of other biological resources. The Company's main products are the cordyceps sinensis series products under the Verygrass brand, which includes cordyceps sinensis pure powder tablet, processed cordyceps sinensis, and raw cordyceps sinensis.
64GF Score

Get the complete analysis for SHSE:600381

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

¥4.27
Price
¥5.90
GF Value