EGing Photovoltaic Technology Co (SHSE:600537) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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SHSE:600537 EGing Photovoltaic Technology Co Ltd SHSE:600537
18 GF Score
Price ¥2.11
GF Value ¥0.84
Valuation Significantly Overvalued
! 4 Warning Signs
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What is EGing Photovoltaic Technology Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


EGing Photovoltaic Technology Co  (SHSE:600537) 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.


EGing Photovoltaic Technology Co Cyclically Adjusted PS Ratio Related Terms


EGing Photovoltaic Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for EGing Photovoltaic Technology 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.

EGing Photovoltaic Technology Co Cyclically Adjusted PS Ratio Chart

EGing Photovoltaic Technology 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 1.31 1.31 1.20 0.68 0.98

EGing Photovoltaic Technology 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 0.65 0.92 0.98 0.88 0.64

SHSE:600537 vs FSLR, NXT, ENPH: Cyclically Adjusted PS Ratio Comparison

For the Solar subindustry, EGing Photovoltaic Technology 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.


EGing Photovoltaic Technology Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, EGing Photovoltaic Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where EGing Photovoltaic Technology Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600537
18GF Score
EGing Photovoltaic Technology Co Ltd SHSE:600537
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EGing Photovoltaic Technology 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.

EGing Photovoltaic Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, EGing Photovoltaic Technology 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)
=0.143/116.0564*116.0564
=0.143

Current CPI (Jun. 2026) = 116.0564.

EGing Photovoltaic Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.858 102.400 0.972
201612 0.821 102.600 0.929
201703 0.666 103.200 0.749
201706 1.355 103.100 1.525
201709 0.824 104.100 0.919
201712 0.653 104.500 0.725
201803 0.374 105.300 0.412
201806 0.942 104.900 1.042
201809 0.741 106.600 0.807
201812 0.948 106.500 1.033
201903 0.448 107.700 0.483
201906 0.618 107.700 0.666
201909 0.558 109.800 0.590
201912 1.397 111.200 1.458
202003 0.308 112.300 0.318
202006 1.440 110.400 1.514
202009 0.586 111.700 0.609
202012 1.151 111.500 1.198
202103 0.823 112.662 0.848
202106 0.701 111.769 0.728
202109 0.779 112.215 0.806
202112 1.169 113.108 1.199
202203 1.157 114.335 1.174
202206 1.784 114.558 1.807
202209 1.951 115.339 1.963
202212 3.547 115.116 3.576
202303 1.681 115.116 1.695
202306 1.816 114.558 1.840
202309 2.020 115.339 2.033
202312 1.273 114.781 1.287
202403 0.845 115.227 0.851
202406 1.000 114.781 1.011
202409 0.439 115.785 0.440
202412 0.650 114.893 0.657
202503 0.510 115.116 0.514
202506 0.484 114.907 0.489
202509 0.317 115.471 0.319
202512 0.314 115.832 0.315
202603 0.144 116.303 0.144
202606 0.143 116.056 0.143

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.

Is EGing Photovoltaic Technology Co (SHSE:600537) Overvalued in 2026?

Based on GuruFocus' analysis, EGing Photovoltaic Technology Co stock appears to be overvalued. The current stock price of ¥2.11 is trading 151.2% above its estimated GF Value™ of ¥0.84. GuruFocus considers EGing Photovoltaic Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:600537:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ¥0.84 vs. price of ¥2.11 (151.2% above fair value)
  • GF Score™: 18/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EGing Photovoltaic Technology Co Business Description

Address No.18 Jinwu Road, Jiangsu Province, Jintan District, Changzhou, CHN, 213213
EGing Photovoltaic Technology Co Ltd is engaged in the Ingot/silicon growth, silicon wafer processing, cell manufacturing, module packaging, photovoltaic power generation.
18GF Score

Get the complete analysis for SHSE:600537

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

¥2.11
Price
¥0.84
GF Value