Shenghe Resources Holding Co (SHSE:600392) Cyclically Adjusted PS Ratio: 3.86 (As of Aug. 13, 2026) — 19% Below Median

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SHSE:600392 Shenghe Resources Holding Co Ltd SHSE:600392
64 GF Score
Price ¥23.43
GF Value ¥12.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shenghe Resources Holding Co Cyclically Adjusted PS Ratio?

Shenghe Resources Holding Co SHSE:600392 -1.18% 64 Cyclically Adjusted PS Ratio is 3.86 as of Aug. 13, 2026, which is 19% below its 10-year median of 4.74. GuruFocus rates SHSE:600392 with a GF Score™ of 64/100 and a GF Value™ of ¥12.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 575 Metals & Mining companies, Shenghe Resources Holding Co ranks worse than 63.3% on this metric.

As of today (2026-08-13), Shenghe Resources Holding Co's current share price is ¥23.43. Shenghe Resources Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥6.07. Shenghe Resources Holding Co's Cyclically Adjusted PS Ratio for today is 3.86.

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

SHSE:600392' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.54   Med: 4.74   Max: 15.46
Current: 3.94

During the past years, Shenghe Resources Holding Co's highest Cyclically Adjusted PS Ratio was 15.46. The lowest was 1.54. And the median was 4.74.

SHSE:600392's Cyclically Adjusted PS Ratio is ranked worse than
63.3% of 575 companies
in the Metals & Mining industry
Industry Median: 2.36 vs SHSE:600392: 3.94

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.

Shenghe Resources Holding Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.929. 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 ¥6.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenghe Resources Holding Co  (SHSE:600392) 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.


Shenghe Resources Holding Co Cyclically Adjusted PS Ratio Related Terms


Shenghe Resources Holding Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shenghe Resources Holding 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.

Shenghe Resources Holding Co Cyclically Adjusted PS Ratio Chart

Shenghe Resources Holding 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 6.99 3.80 2.23 2.03 3.67

Shenghe Resources Holding 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 2.08 2.45 4.09 3.67 3.69

Shenghe Resources Holding Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Shenghe Resources Holding 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.


Shenghe Resources Holding Co Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shenghe Resources Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenghe Resources Holding Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600392
64GF Score
Shenghe Resources Holding Co Ltd SHSE:600392
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenghe Resources Holding 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.

Shenghe Resources Holding Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.43/6.07
=3.86

* 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.

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

For example, Shenghe Resources Holding 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)
=1.929/116.3033*116.3033
=1.929

Current CPI (Mar. 2026) = 116.3033.

Shenghe Resources Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.211 101.400 0.242
201609 0.108 102.400 0.123
201612 0.683 102.600 0.774
201703 0.704 103.200 0.793
201706 0.395 103.100 0.446
201709 1.005 104.100 1.123
201712 0.789 104.500 0.878
201803 0.782 105.300 0.864
201806 1.113 104.900 1.234
201809 1.137 106.600 1.240
201812 0.517 106.500 0.565
201903 0.902 107.700 0.974
201906 1.282 107.700 1.384
201909 0.911 109.800 0.965
201912 0.874 111.200 0.914
202003 1.008 112.300 1.044
202006 1.016 110.400 1.070
202009 1.125 111.700 1.171
202012 1.506 111.500 1.571
202103 1.356 112.662 1.400
202106 1.449 111.769 1.508
202109 1.635 112.215 1.695
202112 1.571 113.108 1.615
202203 2.476 114.335 2.519
202206 2.523 114.558 2.561
202209 2.348 115.339 2.368
202212 2.222 115.116 2.245
202303 2.738 115.116 2.766
202306 2.143 114.558 2.176
202309 2.592 115.339 2.614
202312 2.736 114.781 2.772
202403 1.647 115.227 1.662
202406 1.457 114.781 1.476
202409 1.600 115.785 1.607
202412 1.783 114.893 1.805
202503 1.706 115.116 1.724
202506 1.818 114.907 1.840
202509 2.440 115.471 2.458
202512 2.589 115.832 2.600
202603 1.929 116.303 1.929

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 3.86 mean?
Shenghe Resources Holding Co (SHSE:600392) has a Cyclically Adjusted PS Ratio of 3.86 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 Shenghe Resources Holding Co and its competitors. This is 19% below median its historical median of 4.74. Over the past decade, Shenghe Resources Holding Co's Cyclically Adjusted PS Ratio has ranged from 1.54 to 15.46. According to the industry distribution chart, Shenghe Resources Holding Co ranks #364 out of 575 companies in the Metals & Mining industry, placing it in the top 63.3%.
Is Shenghe Resources Holding Co's Cyclically Adjusted PS Ratio too high?
Shenghe Resources Holding Co's current Cyclically Adjusted PS Ratio of 3.86 is 19% below median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 15.46. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.36. Shenghe Resources Holding Co's value of 3.86 is 63.6% above this industry median. Based on the distribution chart, Shenghe Resources Holding Co ranks #364 out of 575 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Shenghe Resources Holding Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenghe Resources Holding Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Shenghe Resources Holding Co ranks #364 out of 575 companies for Cyclically Adjusted PS Ratio. This places Shenghe Resources Holding Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.36. Shenghe Resources Holding Co's value of 3.86 is 63.6% above this benchmark. Historically, Shenghe Resources Holding Co's own Cyclically Adjusted PS Ratio has ranged from 1.54 to 15.46 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 2.36, Shenghe Resources Holding 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 Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.36, based on 575 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. Shenghe Resources Holding Co's current Cyclically Adjusted PS Ratio of 3.86 is 63.6% 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 Shenghe Resources Holding Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenghe Resources Holding Co's current Cyclically Adjusted PS Ratio is 3.86, which is 19% below median its own 10-year median of 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenghe Resources Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Shenghe Resources Holding Co (SHSE:600392) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥12.40, compared to a current price of ¥23.43 — trading 89% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.86, which is 19% below median its 10-year median of 4.74 and 63.6% above the Metals & Mining industry median of 2.36. Shenghe Resources Holding Co's overall GF Score™ is 64/100 with 6 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 Shenghe Resources Holding Co (SHSE:600392), the current Cyclically Adjusted PS Ratio is 3.86 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 Shenghe Resources Holding Co (SHSE:600392) Overvalued in 2026?

Based on GuruFocus' analysis, Shenghe Resources Holding Co stock appears to be overvalued. The current stock price of ¥23.43 is trading 89% above its estimated GF Value™ of ¥12.40. GuruFocus considers Shenghe Resources Holding Co to be Significantly Overvalued.

Key valuation signals for SHSE:600392:

  • Cyclically Adjusted PS Ratio: 3.86 (19% below median its 10-year median of 4.74)
  • GF Value™: ¥12.40 vs. price of ¥23.43 (89% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 63.6% above the Metals & Mining median (#364 of 575)

No single metric tells the full story. See the SHSE:600392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenghe Resources Holding Co Business Description

Address No. 66, Shenghe 1st Road, 7th Floor, Chengnan Tianfu, High-tech Zone, Sichuan, Chengdu, CHN, 610041
Shenghe Resources Holding Co Ltd is engaged in smelting and deep processing of rare earth metals, strontium, barium, lead, zinc metal, and their compounds. It also engages in sale of chemicals, import and export business, and mining, investment consulting, and investment management businesses.
64GF Score

Get the complete analysis for SHSE:600392

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

¥23.43
Price
¥12.40
GF Value