Dawei Technology (Guangdong) Group Co (SHSE:600589) Cyclically Adjusted PS Ratio: 6.26 (As of Aug. 17, 2026) — 193% Above Median

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SHSE:600589 Dawei Technology (Guangdong) Group Co Ltd SHSE:600589
45 GF Score
Price ¥8.45
GF Value ¥5.31
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Dawei Technology (Guangdong) Group Co Cyclically Adjusted PS Ratio?

Dawei Technology (Guangdong) Group Co SHSE:600589 -1.52% 45 Cyclically Adjusted PS Ratio is 6.26 as of Aug. 17, 2026, which is 193% above its 10-year median of 2.14. GuruFocus rates SHSE:600589 with a GF Score™ of 45/100 and a GF Value™ of ¥5.31 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,274 Chemicals companies, Dawei Technology (Guangdong) Group Co ranks worse than 88.7% on this metric.

As of today (2026-08-17), Dawei Technology (Guangdong) Group Co's current share price is ¥8.45. Dawei Technology (Guangdong) Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.35. Dawei Technology (Guangdong) Group Co's Cyclically Adjusted PS Ratio for today is 6.26.

The historical rank and industry rank for Dawei Technology (Guangdong) Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600589' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.14   Max: 9.56
Current: 6.22

During the past years, Dawei Technology (Guangdong) Group Co's highest Cyclically Adjusted PS Ratio was 9.56. The lowest was 0.85. And the median was 2.14.

SHSE:600589's Cyclically Adjusted PS Ratio is ranked worse than
88.7% of 1274 companies
in the Chemicals industry
Industry Median: 1.345 vs SHSE:600589: 6.22

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.

Dawei Technology (Guangdong) Group Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.082. 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 ¥1.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dawei Technology (Guangdong) Group Co  (SHSE:600589) 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.


Dawei Technology (Guangdong) Group Co Cyclically Adjusted PS Ratio Related Terms


Dawei Technology (Guangdong) Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dawei Technology (Guangdong) 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.

Dawei Technology (Guangdong) Group Co Cyclically Adjusted PS Ratio Chart

Dawei Technology (Guangdong) 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 1.07 1.06 1.84 2.99 5.20

Dawei Technology (Guangdong) 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 5.17 5.49 5.19 5.20 7.94

SHSE:600589 vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Dawei Technology (Guangdong) 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.


Dawei Technology (Guangdong) Group Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dawei Technology (Guangdong) Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dawei Technology (Guangdong) Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600589
45GF Score
Dawei Technology (Guangdong) Group Co Ltd SHSE:600589
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dawei Technology (Guangdong) 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.

Dawei Technology (Guangdong) Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.45/1.35
=6.26

* 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.

Dawei Technology (Guangdong) Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Dawei Technology (Guangdong) 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)
=0.082/116.3033*116.3033
=0.082

Current CPI (Mar. 2026) = 116.3033.

Dawei Technology (Guangdong) Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.467 101.400 0.536
201609 0.489 102.400 0.555
201612 0.649 102.600 0.736
201703 0.440 103.200 0.496
201706 0.539 103.100 0.608
201709 0.499 104.100 0.557
201712 0.845 104.500 0.940
201803 0.504 105.300 0.557
201806 0.632 104.900 0.701
201809 0.536 106.600 0.585
201812 0.768 106.500 0.839
201903 0.484 107.700 0.523
201906 0.533 107.700 0.576
201909 0.441 109.800 0.467
201912 0.566 111.200 0.592
202003 0.311 112.300 0.322
202006 0.353 110.400 0.372
202009 0.408 111.700 0.425
202012 0.468 111.500 0.488
202103 0.397 112.662 0.410
202106 0.400 111.769 0.416
202109 0.336 112.215 0.348
202112 -0.026 113.108 -0.027
202203 0.277 114.335 0.282
202206 0.174 114.558 0.177
202209 -0.020 115.339 -0.020
202212 0.079 115.116 0.080
202303 0.061 115.116 0.062
202306 0.057 114.558 0.058
202309 0.072 115.339 0.073
202312 0.084 114.781 0.085
202403 0.070 115.227 0.071
202406 0.099 114.781 0.100
202409 0.053 115.785 0.053
202412 0.045 114.893 0.046
202503 0.070 115.116 0.071
202506 0.081 114.907 0.082
202509 0.065 115.471 0.065
202512 0.064 115.832 0.064
202603 0.082 116.303 0.082

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 6.26 mean?
Dawei Technology (Guangdong) Group Co (SHSE:600589) has a Cyclically Adjusted PS Ratio of 6.26 as of Aug. 17, 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 Dawei Technology (Guangdong) Group Co and its competitors. This is 193% above median its historical median of 2.14. Over the past decade, Dawei Technology (Guangdong) Group Co's Cyclically Adjusted PS Ratio has ranged from 0.85 to 9.56. According to the industry distribution chart, Dawei Technology (Guangdong) Group Co ranks #1130 out of 1274 companies in the Chemicals industry, placing it in the top 88.7%.
Is Dawei Technology (Guangdong) Group Co's Cyclically Adjusted PS Ratio too high?
Dawei Technology (Guangdong) Group Co's current Cyclically Adjusted PS Ratio of 6.26 is 193% above median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 9.56. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.35. Dawei Technology (Guangdong) Group Co's value of 6.26 is 365.4% above this industry median. Based on the distribution chart, Dawei Technology (Guangdong) Group Co ranks #1130 out of 1274 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Dawei Technology (Guangdong) Group Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dawei Technology (Guangdong) Group Co's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Dawei Technology (Guangdong) Group Co ranks #1130 out of 1274 companies for Cyclically Adjusted PS Ratio. This places Dawei Technology (Guangdong) Group Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. Dawei Technology (Guangdong) Group Co's value of 6.26 is 365.4% above this benchmark. Historically, Dawei Technology (Guangdong) Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.85 to 9.56 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.35, Dawei Technology (Guangdong) Group 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.35, based on 1,274 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. Dawei Technology (Guangdong) Group Co's current Cyclically Adjusted PS Ratio of 6.26 is 365.4% 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 Dawei Technology (Guangdong) Group Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawei Technology (Guangdong) Group Co's current Cyclically Adjusted PS Ratio is 6.26, which is 193% above median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawei Technology (Guangdong) Group Co stock overvalued right now?
Based on GuruFocus' analysis, Dawei Technology (Guangdong) Group Co (SHSE:600589) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.31, compared to a current price of ¥8.45 — trading 59.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.26, which is 193% above median its 10-year median of 2.14 and 365.4% above the Chemicals industry median of 1.35. Dawei Technology (Guangdong) Group Co's overall GF Score™ is 45/100 with 7 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 Dawei Technology (Guangdong) Group Co (SHSE:600589), the current Cyclically Adjusted PS Ratio is 6.26 as of Aug. 17, 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 Dawei Technology (Guangdong) Group Co (SHSE:600589) Overvalued in 2026?

Based on GuruFocus' analysis, Dawei Technology (Guangdong) Group Co stock appears to be overvalued. The current stock price of ¥8.45 is trading 59.1% above its estimated GF Value™ of ¥5.31. GuruFocus considers Dawei Technology (Guangdong) Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600589:

  • Cyclically Adjusted PS Ratio: 6.26 (193% above median its 10-year median of 2.14)
  • GF Value™: ¥5.31 vs. price of ¥8.45 (59.1% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 365.4% above the Chemicals median (#1130 of 1274)

No single metric tells the full story. See the SHSE:600589 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dawei Technology (Guangdong) Group Co Business Description

Address No. 1 Xinxing East 2nd Road, West side of Jiedong Economic Development Zone, Guangdong Province, Jieyang, CHN, 515500
Dawei Technology (Guangdong) Group Co Ltd formerly Guangdong Rongtai Industry Co Ltd produces and sells new chemical materials and their products mostly and does research and development of high polymer composite. The company owns 3 plants (a chemical solvent plant, a chemical material plant, a melamine ware plant), a research institute, an engineering and technology research and development center (province grade), an enterprise technology center (province grade), and a postdoctoral programme.
45GF Score

Get the complete analysis for SHSE:600589

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

¥8.45
Price
¥5.31
GF Value