COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Cyclically Adjusted PS Ratio: 2.11 (As of Aug. 29, 2026) — 61% Above Median

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SHSE:600428 COSCO SHIPPING Specialized Carriers Co Ltd SHSE:600428
77 GF Score
Price ¥11.47
GF Value ¥9.08
Valuation Modestly Overvalued
! 5 Warning Signs
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What is COSCO SHIPPING Specialized Carriers Co Cyclically Adjusted PS Ratio?

COSCO SHIPPING Specialized Carriers Co SHSE:600428 +4.46% 77 Cyclically Adjusted PS Ratio is 2.11 as of Aug. 29, 2026, which is 61% above its 10-year median of 1.31. GuruFocus rates SHSE:600428 with a GF Score™ of 77/100 and a GF Value™ of ¥9.08 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 761 Transportation companies, COSCO SHIPPING Specialized Carriers Co ranks worse than 75.03% on this metric.

As of today (2026-08-29), COSCO SHIPPING Specialized Carriers Co's current share price is ¥11.47. COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥5.44. COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted PS Ratio for today is 2.11.

The historical rank and industry rank for COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600428' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.31   Max: 2.23
Current: 2.11

During the past years, COSCO SHIPPING Specialized Carriers Co's highest Cyclically Adjusted PS Ratio was 2.23. The lowest was 0.70. And the median was 1.31.

SHSE:600428's Cyclically Adjusted PS Ratio is ranked worse than
75.03% of 761 companies
in the Transportation industry
Industry Median: 0.93 vs SHSE:600428: 2.11

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.

COSCO SHIPPING Specialized Carriers Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥2.880. 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 ¥5.44 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


COSCO SHIPPING Specialized Carriers Co  (SHSE:600428) 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.


COSCO SHIPPING Specialized Carriers Co Cyclically Adjusted PS Ratio Related Terms


COSCO SHIPPING Specialized Carriers Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for COSCO SHIPPING Specialized Carriers 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.

COSCO SHIPPING Specialized Carriers Co Cyclically Adjusted PS Ratio Chart

COSCO SHIPPING Specialized Carriers 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 1.20 1.39 1.24 1.60 1.41

COSCO SHIPPING Specialized Carriers Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.31 1.36 1.41 1.72 1.44

COSCO SHIPPING Specialized Carriers Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, COSCO SHIPPING Specialized Carriers 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.


COSCO SHIPPING Specialized Carriers Co Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600428
77GF Score
COSCO SHIPPING Specialized Carriers Co Ltd SHSE:600428
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COSCO SHIPPING Specialized Carriers 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.

COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.47/5.44
=2.11

* 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.

COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, COSCO SHIPPING Specialized Carriers Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.88/116.0564*116.0564
=2.880

Current CPI (Jun. 2026) = 116.0564.

COSCO SHIPPING Specialized Carriers Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.718 102.400 0.814
201612 0.728 102.600 0.823
201703 0.725 103.200 0.815
201706 0.838 103.100 0.943
201709 0.777 104.100 0.866
201712 0.736 104.500 0.817
201803 0.742 105.300 0.818
201806 0.867 104.900 0.959
201809 0.970 106.600 1.056
201812 0.958 106.500 1.044
201903 0.889 107.700 0.958
201906 0.957 107.700 1.031
201909 0.971 109.800 1.026
201912 1.036 111.200 1.081
202003 0.867 112.300 0.896
202006 0.946 110.400 0.994
202009 0.771 111.700 0.801
202012 0.693 111.500 0.721
202103 0.725 112.662 0.747
202106 0.953 111.769 0.990
202109 1.118 112.215 1.156
202112 1.290 113.108 1.324
202203 1.304 114.335 1.324
202206 1.398 114.558 1.416
202209 1.601 115.339 1.611
202212 1.391 115.116 1.402
202303 1.394 115.116 1.405
202306 1.388 114.558 1.406
202309 1.433 115.339 1.442
202312 1.469 114.781 1.485
202403 1.594 115.227 1.605
202406 1.893 114.781 1.914
202409 2.123 115.785 2.128
202412 2.207 114.893 2.229
202503 2.422 115.116 2.442
202506 2.028 114.907 2.048
202509 2.128 115.471 2.139
202512 2.408 115.832 2.413
202603 2.387 116.303 2.382
202606 2.880 116.056 2.880

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 2.11 mean?
COSCO SHIPPING Specialized Carriers Co (SHSE:600428) has a Cyclically Adjusted PS Ratio of 2.11 as of Aug. 29, 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 COSCO SHIPPING Specialized Carriers Co and its competitors. This is 61% above median its historical median of 1.31. Over the past decade, COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted PS Ratio has ranged from 0.70 to 2.23. According to the industry distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #571 out of 761 companies in the Transportation industry, placing it in the top 75%.
Is COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted PS Ratio too high?
COSCO SHIPPING Specialized Carriers Co's current Cyclically Adjusted PS Ratio of 2.11 is 61% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.23. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. COSCO SHIPPING Specialized Carriers Co's value of 2.11 is 126.9% above this industry median. Based on the distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #571 out of 761 companies in the Transportation industry, which is below the industry midpoint. Overall, COSCO SHIPPING Specialized Carriers Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COSCO SHIPPING Specialized Carriers Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #571 out of 761 companies for Cyclically Adjusted PS Ratio. This places COSCO SHIPPING Specialized Carriers Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. COSCO SHIPPING Specialized Carriers Co's value of 2.11 is 126.9% above this benchmark. Historically, COSCO SHIPPING Specialized Carriers Co's own Cyclically Adjusted PS Ratio has ranged from 0.70 to 2.23 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 0.93, COSCO SHIPPING Specialized Carriers 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 761 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. COSCO SHIPPING Specialized Carriers Co's current Cyclically Adjusted PS Ratio of 2.11 is 126.9% 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 COSCO SHIPPING Specialized Carriers Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COSCO SHIPPING Specialized Carriers Co's current Cyclically Adjusted PS Ratio is 2.11, which is 61% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COSCO SHIPPING Specialized Carriers Co stock overvalued right now?
Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co (SHSE:600428) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.08, compared to a current price of ¥11.47 — trading 26.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.11, which is 61% above median its 10-year median of 1.31 and 126.9% above the Transportation industry median of 0.93. COSCO SHIPPING Specialized Carriers Co's overall GF Score™ is 77/100 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 COSCO SHIPPING Specialized Carriers Co (SHSE:600428), the current Cyclically Adjusted PS Ratio is 2.11 as of Aug. 29, 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 COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Overvalued in 2026?

Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co stock appears to be overvalued. The current stock price of ¥11.47 is trading 26.3% above its estimated GF Value™ of ¥9.08. GuruFocus considers COSCO SHIPPING Specialized Carriers Co to be Modestly Overvalued.

Key valuation signals for SHSE:600428:

  • Cyclically Adjusted PS Ratio: 2.11 (61% above median its 10-year median of 1.31)
  • GF Value™: ¥9.08 vs. price of ¥11.47 (26.3% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 126.9% above the Transportation median (#571 of 761)

No single metric tells the full story. See the SHSE:600428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


COSCO SHIPPING Specialized Carriers Co Business Description

Address No. 282 Dongjiang Avenue, Free Trade Zone, Kangsheng Building, Guangdong Province, Guangzhou, CHN, 510623
COSCO SHIPPING Specialized Carriers Co Ltd is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.
77GF Score

Get the complete analysis for SHSE:600428

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

¥11.47
Price
¥9.08
GF Value