Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Cyclically Adjusted PS Ratio: 0.47 (As of Aug. 13, 2026) — 29% Below Median

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SHSE:600496 Changjiang & Jinggong Steel Building (Group) Co Ltd SHSE:600496
84 GF Score
Price ¥3.25
GF Value ¥4.09
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Changjiang & Jinggong Steel Building (Group) Co Cyclically Adjusted PS Ratio?

Changjiang & Jinggong Steel Building (Group) Co SHSE:600496 -2.99% 84 Cyclically Adjusted PS Ratio is 0.47 as of Aug. 13, 2026, which is 29% below its 10-year median of 0.66. GuruFocus rates SHSE:600496 with a GF Score™ of 84/100 and a GF Value™ of ¥4.09 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,377 Construction companies, Changjiang & Jinggong Steel Building (Group) Co ranks better than 63.11% on this metric.

As of today (2026-08-13), Changjiang & Jinggong Steel Building (Group) Co's current share price is ¥3.25. Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥6.94. Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted PS Ratio for today is 0.47.

The historical rank and industry rank for Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600496' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.66   Max: 1.33
Current: 0.47

During the past years, Changjiang & Jinggong Steel Building (Group) Co's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.38. And the median was 0.66.

SHSE:600496's Cyclically Adjusted PS Ratio is ranked better than
63.11% of 1377 companies
in the Construction industry
Industry Median: 0.7 vs SHSE:600496: 0.47

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.

Changjiang & Jinggong Steel Building (Group) Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥2.275. 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 ¥6.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changjiang & Jinggong Steel Building (Group) Co  (SHSE:600496) 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.


Changjiang & Jinggong Steel Building (Group) Co Cyclically Adjusted PS Ratio Related Terms


Changjiang & Jinggong Steel Building (Group) Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Changjiang & Jinggong Steel Building (Group) 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.

Changjiang & Jinggong Steel Building (Group) Co Cyclically Adjusted PS Ratio Chart

Changjiang & Jinggong Steel Building (Group) 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 0.74 0.66 0.51 0.48 0.61

Changjiang & Jinggong Steel Building (Group) 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 0.50 0.49 0.54 0.61 0.58

SHSE:600496 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Changjiang & Jinggong Steel Building (Group) 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.


Changjiang & Jinggong Steel Building (Group) Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600496
84GF Score
Changjiang & Jinggong Steel Building (Group) Co Ltd SHSE:600496
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Changjiang & Jinggong Steel Building (Group) 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.

Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.25/6.94
=0.47

* 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.

Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Changjiang & Jinggong Steel Building (Group) 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)
=2.275/116.3033*116.3033
=2.275

Current CPI (Mar. 2026) = 116.3033.

Changjiang & Jinggong Steel Building (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.801 101.400 0.919
201609 0.895 102.400 1.017
201612 1.397 102.600 1.584
201703 0.905 103.200 1.020
201706 1.105 103.100 1.247
201709 1.047 104.100 1.170
201712 1.135 104.500 1.263
201803 1.411 105.300 1.558
201806 0.975 104.900 1.081
201809 0.572 106.600 0.624
201812 1.875 106.500 2.048
201903 1.223 107.700 1.321
201906 1.357 107.700 1.465
201909 1.456 109.800 1.542
201912 1.540 111.200 1.611
202003 1.300 112.300 1.346
202006 1.304 110.400 1.374
202009 1.549 111.700 1.613
202012 1.886 111.500 1.967
202103 1.370 112.662 1.414
202106 1.828 111.769 1.902
202109 1.966 112.215 2.038
202112 2.324 113.108 2.390
202203 1.844 114.335 1.876
202206 1.340 114.558 1.360
202209 1.894 115.339 1.910
202212 2.286 115.116 2.310
202303 1.684 115.116 1.701
202306 1.786 114.558 1.813
202309 1.764 115.339 1.779
202312 2.231 114.781 2.261
202403 1.681 115.227 1.697
202406 1.916 114.781 1.941
202409 1.981 115.785 1.990
202412 3.118 114.893 3.156
202503 2.077 115.116 2.098
202506 2.519 114.907 2.550
202509 2.070 115.471 2.085
202512 3.055 115.832 3.067
202603 2.275 116.303 2.275

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 0.47 mean?
Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) has a Cyclically Adjusted PS Ratio of 0.47 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 Changjiang & Jinggong Steel Building (Group) Co and its competitors. This is 29% below median its historical median of 0.66. Over the past decade, Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted PS Ratio has ranged from 0.38 to 1.33. According to the industry distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #508 out of 1377 companies in the Construction industry, placing it in the top 36.9%.
Is Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted PS Ratio too high?
Changjiang & Jinggong Steel Building (Group) Co's current Cyclically Adjusted PS Ratio of 0.47 is 29% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.33. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Changjiang & Jinggong Steel Building (Group) Co's value of 0.47 is 32.9% below this industry median. Based on the distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #508 out of 1377 companies in the Construction industry, which is above the industry midpoint. Overall, Changjiang & Jinggong Steel Building (Group) Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changjiang & Jinggong Steel Building (Group) Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #508 out of 1377 companies for Cyclically Adjusted PS Ratio. This puts Changjiang & Jinggong Steel Building (Group) Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Changjiang & Jinggong Steel Building (Group) Co's value of 0.47 is 32.9% below this benchmark. Historically, Changjiang & Jinggong Steel Building (Group) Co's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 1.33 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.70, Changjiang & Jinggong Steel Building (Group) Co has consistently been below 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,377 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. Changjiang & Jinggong Steel Building (Group) Co's current Cyclically Adjusted PS Ratio of 0.47 is 32.9% below 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 Changjiang & Jinggong Steel Building (Group) Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changjiang & Jinggong Steel Building (Group) Co's current Cyclically Adjusted PS Ratio is 0.47, which is 29% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changjiang & Jinggong Steel Building (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.09, compared to a current price of ¥3.25 — trading 20.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 29% below median its 10-year median of 0.66 and 32.9% below the Construction industry median of 0.70. Changjiang & Jinggong Steel Building (Group) Co's overall GF Score™ is 84/100 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 Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496), the current Cyclically Adjusted PS Ratio is 0.47 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 Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Overvalued in 2026?

Based on GuruFocus' analysis, Changjiang & Jinggong Steel Building (Group) Co stock appears to be undervalued. The current stock price of ¥3.25 is trading 20.5% below its estimated GF Value™ of ¥4.09. GuruFocus considers Changjiang & Jinggong Steel Building (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600496:

  • Cyclically Adjusted PS Ratio: 0.47 (29% below median its 10-year median of 0.66)
  • GF Value™: ¥4.09 vs. price of ¥3.25 (20.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 32.9% below the Construction median (#508 of 1377)

No single metric tells the full story. See the SHSE:600496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changjiang & Jinggong Steel Building (Group) Co Business Description

Address Chang Jiang Jing Gong Industrial Park, Economic and Technological Development Zone, Anhui, Liu\'an, CHN, 237161
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.
84GF Score

Get the complete analysis for SHSE:600496

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

¥3.25
Price
¥4.09
GF Value