Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Cyclically Adjusted PS Ratio: 2.58 (As of Aug. 13, 2026) — 19% Below Median

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SHSE:600426 Shandong Hualu-hengsheng Chemical Co Ltd SHSE:600426
95 GF Score
Price ¥20.89
GF Value ¥23.94
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shandong Hualu-hengsheng Chemical Co Cyclically Adjusted PS Ratio?

Shandong Hualu-hengsheng Chemical Co SHSE:600426 -2.34% 95 Cyclically Adjusted PS Ratio is 2.58 as of Aug. 13, 2026, which is 19% below its 10-year median of 3.19. GuruFocus rates SHSE:600426 with a GF Score™ of 95/100 and a GF Value™ of ¥23.94 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,272 Chemicals companies, Shandong Hualu-hengsheng Chemical Co ranks worse than 70.83% on this metric.

As of today (2026-08-13), Shandong Hualu-hengsheng Chemical Co's current share price is ¥20.89. Shandong Hualu-hengsheng Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥8.11. Shandong Hualu-hengsheng Chemical Co's Cyclically Adjusted PS Ratio for today is 2.58.

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

SHSE:600426' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 3.19   Max: 7.33
Current: 2.6

During the past years, Shandong Hualu-hengsheng Chemical Co's highest Cyclically Adjusted PS Ratio was 7.33. The lowest was 1.73. And the median was 3.19.

SHSE:600426's Cyclically Adjusted PS Ratio is ranked worse than
70.83% of 1272 companies
in the Chemicals industry
Industry Median: 1.34 vs SHSE:600426: 2.60

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 Hualu-hengsheng Chemical Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥3.023. 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 ¥8.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Hualu-hengsheng Chemical Co  (SHSE:600426) 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 Hualu-hengsheng Chemical Co Cyclically Adjusted PS Ratio Related Terms


Shandong Hualu-hengsheng Chemical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Hualu-hengsheng Chemical 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 Hualu-hengsheng Chemical Co Cyclically Adjusted PS Ratio Chart

Shandong Hualu-hengsheng Chemical 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 5.09 4.55 3.42 2.36 3.08

Shandong Hualu-hengsheng Chemical 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 2.35 2.25 2.68 3.08 3.43

SHSE:600426 vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Shandong Hualu-hengsheng Chemical 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 Hualu-hengsheng Chemical Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Hualu-hengsheng Chemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Hualu-hengsheng Chemical Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600426
95GF Score
Shandong Hualu-hengsheng Chemical Co Ltd SHSE:600426
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Hualu-hengsheng Chemical 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 Hualu-hengsheng Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.89/8.11
=2.58

* 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 Hualu-hengsheng Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shandong Hualu-hengsheng Chemical 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)
=3.023/116.3033*116.3033
=3.023

Current CPI (Mar. 2026) = 116.3033.

Shandong Hualu-hengsheng Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.730 101.400 0.837
201609 0.599 102.400 0.680
201612 0.797 102.600 0.903
201703 0.899 103.200 1.013
201706 0.824 103.100 0.930
201709 0.917 104.100 1.024
201712 1.160 104.500 1.291
201803 1.250 105.300 1.381
201806 1.306 104.900 1.448
201809 1.406 106.600 1.534
201812 1.283 106.500 1.401
201903 1.289 107.700 1.392
201906 1.286 107.700 1.389
201909 1.286 109.800 1.362
201912 1.301 111.200 1.361
202003 1.076 112.300 1.114
202006 1.107 110.400 1.166
202009 1.107 111.700 1.153
202012 1.480 111.500 1.544
202103 2.366 112.662 2.442
202106 1.947 111.769 2.026
202109 2.400 112.215 2.487
202112 3.122 113.108 3.210
202203 2.955 114.335 3.006
202206 3.046 114.558 3.092
202209 2.346 115.339 2.366
202212 2.621 115.116 2.648
202303 2.192 115.116 2.215
202306 2.284 114.558 2.319
202309 2.534 115.339 2.555
202312 2.898 114.781 2.936
202403 2.892 115.227 2.919
202406 3.261 114.781 3.304
202409 2.970 115.785 2.983
202412 3.298 114.893 3.338
202503 2.825 115.116 2.854
202506 2.887 114.907 2.922
202509 2.828 115.471 2.848
202512 2.690 115.832 2.701
202603 3.023 116.303 3.023

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 2.58 mean?
Shandong Hualu-hengsheng Chemical Co (SHSE:600426) has a Cyclically Adjusted PS Ratio of 2.58 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 Shandong Hualu-hengsheng Chemical Co and its competitors. This is 19% below median its historical median of 3.19. Over the past decade, Shandong Hualu-hengsheng Chemical Co's Cyclically Adjusted PS Ratio has ranged from 1.73 to 7.33. According to the industry distribution chart, Shandong Hualu-hengsheng Chemical Co ranks #901 out of 1272 companies in the Chemicals industry, placing it in the top 70.8%.
Is Shandong Hualu-hengsheng Chemical Co's Cyclically Adjusted PS Ratio too high?
Shandong Hualu-hengsheng Chemical Co's current Cyclically Adjusted PS Ratio of 2.58 is 19% below median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 7.33. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Shandong Hualu-hengsheng Chemical Co's value of 2.58 is 92.5% above this industry median. Based on the distribution chart, Shandong Hualu-hengsheng Chemical Co ranks #901 out of 1272 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shandong Hualu-hengsheng Chemical Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hualu-hengsheng Chemical Co's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Shandong Hualu-hengsheng Chemical Co ranks #901 out of 1272 companies for Cyclically Adjusted PS Ratio. This places Shandong Hualu-hengsheng Chemical Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Shandong Hualu-hengsheng Chemical Co's value of 2.58 is 92.5% above this benchmark. Historically, Shandong Hualu-hengsheng Chemical Co's own Cyclically Adjusted PS Ratio has ranged from 1.73 to 7.33 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 1.34, Shandong Hualu-hengsheng Chemical 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,272 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 Hualu-hengsheng Chemical Co's current Cyclically Adjusted PS Ratio of 2.58 is 92.5% 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 Shandong Hualu-hengsheng Chemical Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hualu-hengsheng Chemical Co's current Cyclically Adjusted PS Ratio is 2.58, which is 19% below median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hualu-hengsheng Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hualu-hengsheng Chemical Co (SHSE:600426) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.94, compared to a current price of ¥20.89 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.58, which is 19% below median its 10-year median of 3.19 and 92.5% above the Chemicals industry median of 1.34. Shandong Hualu-hengsheng Chemical Co's overall GF Score™ is 95/100 with 5 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 Hualu-hengsheng Chemical Co (SHSE:600426), the current Cyclically Adjusted PS Ratio is 2.58 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 Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hualu-hengsheng Chemical Co stock appears to be undervalued. The current stock price of ¥20.89 is trading 12.7% below its estimated GF Value™ of ¥23.94. GuruFocus considers Shandong Hualu-hengsheng Chemical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600426:

  • Cyclically Adjusted PS Ratio: 2.58 (19% below median its 10-year median of 3.19)
  • GF Value™: ¥23.94 vs. price of ¥20.89 (12.7% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 92.5% above the Chemicals median (#901 of 1272)

No single metric tells the full story. See the SHSE:600426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Hualu-hengsheng Chemical Co Business Description

Address No. 24, Tianqu West Road, Shandong Province, Dezhou, CHN, 253024
Shandong Hualu-Hengsheng Chemical Co Ltd is engaged in the production and sale of chemical products and chemical fertilizers, as well as power generation and heating businesses. The company's main products include new energy and new materials related products such as caprolactam, adipic acid, and others, chemical fertilizers such as urea and others, organic amines such as dimethylformamide (DMF), monomethylamine, and others, and acetic acid and derivatives products such as acetic acid, acetic anhydride, and others.
95GF Score

Get the complete analysis for SHSE:600426

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

¥20.89
Price
¥23.94
GF Value