Tianjin Benefo Tejing Electric Co (SHSE:600468) Cyclically Adjusted PS Ratio: 3.45 (As of Aug. 13, 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600468 Tianjin Benefo Tejing Electric Co Ltd SHSE:600468
62 GF Score
Price ¥6.14
GF Value ¥5.87
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tianjin Benefo Tejing Electric Co Cyclically Adjusted PS Ratio?

Tianjin Benefo Tejing Electric Co SHSE:600468 -3.31% 62 Cyclically Adjusted PS Ratio is 3.45 as of Aug. 13, 2026, which is 10% below its 10-year median of 3.84. GuruFocus rates SHSE:600468 with a GF Score™ of 62/100 and a GF Value™ of ¥5.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,291 Industrial Products companies, Tianjin Benefo Tejing Electric Co ranks worse than 70.84% on this metric.

As of today (2026-08-13), Tianjin Benefo Tejing Electric Co's current share price is ¥6.14. Tianjin Benefo Tejing Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.78. Tianjin Benefo Tejing Electric Co's Cyclically Adjusted PS Ratio for today is 3.45.

The historical rank and industry rank for Tianjin Benefo Tejing Electric Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600468' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.36   Med: 3.84   Max: 7.55
Current: 3.5

During the past years, Tianjin Benefo Tejing Electric Co's highest Cyclically Adjusted PS Ratio was 7.55. The lowest was 2.36. And the median was 3.84.

SHSE:600468's Cyclically Adjusted PS Ratio is ranked worse than
70.84% of 2291 companies
in the Industrial Products industry
Industry Median: 1.81 vs SHSE:600468: 3.50

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.

Tianjin Benefo Tejing Electric Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.522. 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 ¥1.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianjin Benefo Tejing Electric Co  (SHSE:600468) 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.


Tianjin Benefo Tejing Electric Co Cyclically Adjusted PS Ratio Related Terms


Tianjin Benefo Tejing Electric Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tianjin Benefo Tejing Electric 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.

Tianjin Benefo Tejing Electric Co Cyclically Adjusted PS Ratio Chart

Tianjin Benefo Tejing Electric 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 3.86 2.74 4.30 2.89 4.08

Tianjin Benefo Tejing Electric 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 2.82 4.31 4.23 4.08 4.71

SHSE:600468 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Tianjin Benefo Tejing Electric 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.


Tianjin Benefo Tejing Electric Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Benefo Tejing Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin Benefo Tejing Electric Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600468
62GF Score
Tianjin Benefo Tejing Electric Co Ltd SHSE:600468
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianjin Benefo Tejing Electric 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.

Tianjin Benefo Tejing Electric Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.14/1.78
=3.45

* 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.

Tianjin Benefo Tejing Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tianjin Benefo Tejing Electric 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)
=0.522/116.3033*116.3033
=0.522

Current CPI (Mar. 2026) = 116.3033.

Tianjin Benefo Tejing Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.382 101.400 0.438
201609 0.322 102.400 0.366
201612 0.116 102.600 0.131
201703 0.235 103.200 0.265
201706 0.286 103.100 0.323
201709 0.411 104.100 0.459
201712 0.236 104.500 0.263
201803 0.276 105.300 0.305
201806 0.356 104.900 0.395
201809 0.295 106.600 0.322
201812 0.283 106.500 0.309
201903 0.332 107.700 0.359
201906 0.338 107.700 0.365
201909 0.395 109.800 0.418
201912 0.376 111.200 0.393
202003 0.376 112.300 0.389
202006 0.489 110.400 0.515
202009 0.546 111.700 0.569
202012 0.612 111.500 0.638
202103 0.470 112.662 0.485
202106 0.556 111.769 0.579
202109 0.596 112.215 0.618
202112 0.529 113.108 0.544
202203 0.476 114.335 0.484
202206 0.565 114.558 0.574
202209 0.568 115.339 0.573
202212 0.444 115.116 0.449
202303 0.461 115.116 0.466
202306 0.498 114.558 0.506
202309 0.450 115.339 0.454
202312 0.462 114.781 0.468
202403 0.466 115.227 0.470
202406 0.367 114.781 0.372
202409 0.471 115.785 0.473
202412 0.500 114.893 0.506
202503 0.455 115.116 0.460
202506 0.491 114.907 0.497
202509 0.549 115.471 0.553
202512 0.543 115.832 0.545
202603 0.522 116.303 0.522

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 3.45 mean?
Tianjin Benefo Tejing Electric Co (SHSE:600468) has a Cyclically Adjusted PS Ratio of 3.45 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 Tianjin Benefo Tejing Electric Co and its competitors. This is 10% below median its historical median of 3.84. Over the past decade, Tianjin Benefo Tejing Electric Co's Cyclically Adjusted PS Ratio has ranged from 2.36 to 7.55. According to the industry distribution chart, Tianjin Benefo Tejing Electric Co ranks #1623 out of 2291 companies in the Industrial Products industry, placing it in the top 70.8%.
Is Tianjin Benefo Tejing Electric Co's Cyclically Adjusted PS Ratio too high?
Tianjin Benefo Tejing Electric Co's current Cyclically Adjusted PS Ratio of 3.45 is 10% below median its 10-year median of 3.84. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 7.55. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Tianjin Benefo Tejing Electric Co's value of 3.45 is 90.6% above this industry median. Based on the distribution chart, Tianjin Benefo Tejing Electric Co ranks #1623 out of 2291 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tianjin Benefo Tejing Electric Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Benefo Tejing Electric Co's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tianjin Benefo Tejing Electric Co ranks #1623 out of 2291 companies for Cyclically Adjusted PS Ratio. This places Tianjin Benefo Tejing Electric Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Tianjin Benefo Tejing Electric Co's value of 3.45 is 90.6% above this benchmark. Historically, Tianjin Benefo Tejing Electric Co's own Cyclically Adjusted PS Ratio has ranged from 2.36 to 7.55 over the past decade. While the company's 10-year median is 3.84 vs. the industry median of 1.81, Tianjin Benefo Tejing Electric 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,291 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. Tianjin Benefo Tejing Electric Co's current Cyclically Adjusted PS Ratio of 3.45 is 90.6% 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 Tianjin Benefo Tejing Electric Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Benefo Tejing Electric Co's current Cyclically Adjusted PS Ratio is 3.45, which is 10% below median its own 10-year median of 3.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Benefo Tejing Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Benefo Tejing Electric Co (SHSE:600468) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.87, compared to a current price of ¥6.14 — trading 4.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.45, which is 10% below median its 10-year median of 3.84 and 90.6% above the Industrial Products industry median of 1.81. Tianjin Benefo Tejing Electric Co's overall GF Score™ is 62/100 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 Tianjin Benefo Tejing Electric Co (SHSE:600468), the current Cyclically Adjusted PS Ratio is 3.45 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 Tianjin Benefo Tejing Electric Co (SHSE:600468) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Benefo Tejing Electric Co stock appears to be overvalued. The current stock price of ¥6.14 is trading 4.6% above its estimated GF Value™ of ¥5.87. GuruFocus considers Tianjin Benefo Tejing Electric Co to be Fairly Valued.

Key valuation signals for SHSE:600468:

  • Cyclically Adjusted PS Ratio: 3.45 (10% below median its 10-year median of 3.84)
  • GF Value™: ¥5.87 vs. price of ¥6.14 (4.6% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 90.6% above the Industrial Products median (#1623 of 2291)

No single metric tells the full story. See the SHSE:600468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Benefo Tejing Electric Co Business Description

Address No. 12, Minhe Road, Xiqing Economic Development Zone, Tianjin, Tianjin, CHN, 300385
Tianjin Benefo Tejing Electric Co Ltd is engaged in the manufacture of transmission and distribution equipment, high and low-voltage electrical components, and electrical transmission and distribution equipment in China. The products include: high-power power electronic products SVG, SVC, used to stabilize system voltage and solve system voltage fluctuation problems; transmission system secondary control power connection products, used for high-voltage and ultra-high-voltage switch control system connection; distribution switch control equipment, used to provide distribution system solutions.
62GF Score

Get the complete analysis for SHSE:600468

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

¥6.14
Price
¥5.87
GF Value