Tasly Pharmaceutical Group Co (SHSE:600535) Cyclically Adjusted PS Ratio: 1.79 (As of Aug. 05, 2026) — Near Median

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SHSE:600535 Tasly Pharmaceutical Group Co Ltd SHSE:600535
78 GF Score
Price ¥15.72
GF Value ¥15.15
Valuation Fairly Valued
! 3 Warning Signs
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What is Tasly Pharmaceutical Group Co Cyclically Adjusted PS Ratio?

Tasly Pharmaceutical Group Co SHSE:600535 -0.82% 78 Cyclically Adjusted PS Ratio is 1.79 as of Aug. 05, 2026, which is 8% above its 10-year median of 1.66. GuruFocus rates SHSE:600535 with a GF Score™ of 78/100 and a GF Value™ of ¥15.15 (Fairly Valued). The stock has 3 warning signs investors should review. Among 750 Drug Manufacturers companies, Tasly Pharmaceutical Group Co ranks better than 53.6% on this metric.

As of today (2026-08-05), Tasly Pharmaceutical Group Co's current share price is ¥15.72. Tasly Pharmaceutical Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥8.80. Tasly Pharmaceutical Group Co's Cyclically Adjusted PS Ratio for today is 1.79.

The historical rank and industry rank for Tasly Pharmaceutical Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600535' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.66   Max: 5.47
Current: 1.79

During the past years, Tasly Pharmaceutical Group Co's highest Cyclically Adjusted PS Ratio was 5.47. The lowest was 0.93. And the median was 1.66.

SHSE:600535's Cyclically Adjusted PS Ratio is ranked better than
53.6% of 750 companies
in the Drug Manufacturers industry
Industry Median: 1.975 vs SHSE:600535: 1.79

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.

Tasly Pharmaceutical Group Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.449. 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 ¥8.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tasly Pharmaceutical Group Co  (SHSE:600535) 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.


Tasly Pharmaceutical Group Co Cyclically Adjusted PS Ratio Related Terms


Tasly Pharmaceutical Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tasly Pharmaceutical 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.

Tasly Pharmaceutical Group Co Cyclically Adjusted PS Ratio Chart

Tasly Pharmaceutical 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 1.58 1.07 1.76 1.56 1.70

Tasly Pharmaceutical 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 1.65 1.73 1.76 1.70 1.63

SHSE:600535 vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Tasly Pharmaceutical 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.


Tasly Pharmaceutical Group Co Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tasly Pharmaceutical Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tasly Pharmaceutical Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600535
78GF Score
Tasly Pharmaceutical Group Co Ltd SHSE:600535
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tasly Pharmaceutical 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.

Tasly Pharmaceutical Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.72/8.80
=1.79

* 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.

Tasly Pharmaceutical Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tasly Pharmaceutical 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)
=1.449/116.3033*116.3033
=1.449

Current CPI (Mar. 2026) = 116.3033.

Tasly Pharmaceutical Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.151 101.400 2.467
201609 2.090 102.400 2.374
201612 2.864 102.600 3.247
201703 2.213 103.200 2.494
201706 3.626 103.100 4.090
201709 3.568 104.100 3.986
201712 3.261 104.500 3.629
201803 2.613 105.300 2.886
201806 2.990 104.900 3.315
201809 2.971 106.600 3.241
201812 3.211 106.500 3.507
201903 3.030 107.700 3.272
201906 3.213 107.700 3.470
201909 3.003 109.800 3.181
201912 3.184 111.200 3.330
202003 2.621 112.300 2.714
202006 3.098 110.400 3.264
202009 1.805 111.700 1.879
202012 1.472 111.500 1.535
202103 1.174 112.662 1.212
202106 1.373 111.769 1.429
202109 1.311 112.215 1.359
202112 1.434 113.108 1.475
202203 1.251 114.335 1.273
202206 1.445 114.558 1.467
202209 1.404 115.339 1.416
202212 1.810 115.116 1.829
202303 1.418 115.116 1.433
202306 1.499 114.558 1.522
202309 1.474 115.339 1.486
202312 1.438 114.781 1.457
202403 1.371 115.227 1.384
202406 1.532 114.781 1.552
202409 1.393 115.785 1.399
202412 1.394 114.893 1.411
202503 1.376 115.116 1.390
202506 1.503 114.907 1.521
202509 1.353 115.471 1.363
202512 1.285 115.832 1.290
202603 1.449 116.303 1.449

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 1.79 mean?
Tasly Pharmaceutical Group Co (SHSE:600535) has a Cyclically Adjusted PS Ratio of 1.79 as of Aug. 05, 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 Tasly Pharmaceutical Group Co and its competitors. This is near median its historical median of 1.66. Over the past decade, Tasly Pharmaceutical Group Co's Cyclically Adjusted PS Ratio has ranged from 0.93 to 5.47. According to the industry distribution chart, Tasly Pharmaceutical Group Co ranks #348 out of 750 companies in the Drug Manufacturers industry, placing it in the top 46.4%.
Is Tasly Pharmaceutical Group Co's Cyclically Adjusted PS Ratio too high?
Tasly Pharmaceutical Group Co's current Cyclically Adjusted PS Ratio of 1.79 is near median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 5.47. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 1.98. Tasly Pharmaceutical Group Co's value of 1.79 is 9.4% below this industry median. Based on the distribution chart, Tasly Pharmaceutical Group Co ranks #348 out of 750 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Tasly Pharmaceutical Group Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tasly Pharmaceutical Group Co's Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Tasly Pharmaceutical Group Co ranks #348 out of 750 companies for Cyclically Adjusted PS Ratio. This puts Tasly Pharmaceutical Group Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.98. Tasly Pharmaceutical Group Co's value of 1.79 is 9.4% below this benchmark. Historically, Tasly Pharmaceutical Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.93 to 5.47 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.98, Tasly Pharmaceutical 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 1.98, based on 750 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. Tasly Pharmaceutical Group Co's current Cyclically Adjusted PS Ratio of 1.79 is 9.4% 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 Tasly Pharmaceutical Group Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tasly Pharmaceutical Group Co's current Cyclically Adjusted PS Ratio is 1.79, which is near median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tasly Pharmaceutical Group Co stock overvalued right now?
Based on GuruFocus' analysis, Tasly Pharmaceutical Group Co (SHSE:600535) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.15, compared to a current price of ¥15.72 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.79, which is near median its 10-year median of 1.66 and 9.4% below the Drug Manufacturers industry median of 1.98. Tasly Pharmaceutical Group Co's overall GF Score™ is 78/100 with 3 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 Tasly Pharmaceutical Group Co (SHSE:600535), the current Cyclically Adjusted PS Ratio is 1.79 as of Aug. 05, 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 Tasly Pharmaceutical Group Co (SHSE:600535) Overvalued in 2026?

Based on GuruFocus' analysis, Tasly Pharmaceutical Group Co stock appears to be overvalued. The current stock price of ¥15.72 is trading 3.8% above its estimated GF Value™ of ¥15.15. GuruFocus considers Tasly Pharmaceutical Group Co to be Fairly Valued.

Key valuation signals for SHSE:600535:

  • Cyclically Adjusted PS Ratio: 1.79 (near median its 10-year median of 1.66)
  • GF Value™: ¥15.15 vs. price of ¥15.72 (3.8% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 9.4% below the Drug Manufacturers median (#348 of 750)

No single metric tells the full story. See the SHSE:600535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tasly Pharmaceutical Group Co Business Description

Address 2 Pujihe Road East, Beichen District, Tasly TCM Garden, Tianjin, CHN, 300410
Tasly Pharmaceutical Group Co Ltd is a China-based company engaged in the manufacturing and distribution of pharmaceutical products. Its herbal medicines include Tasly Cerebral Care Granules and Tasly ICP. Its chemical medicines comprise of Ketotifen Fumarate Tablets, Thiamphenicol Capsules, Glucurolactone Tablets and Sulpiride Tablets. Some of the other products offered by the company include PharmceuticalSubstances & API, HerbalExtract, and Concentrated Herbal Granules.
78GF Score

Get the complete analysis for SHSE:600535

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

¥15.72
Price
¥15.15
GF Value