Leshan Electric Power Co (SHSE:600644) Cyclically Adjusted PS Ratio: (As of Aug. 31, 2026)

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:600644 Leshan Electric Power Co Ltd SHSE:600644
53 GF Score
Price ¥8.83
GF Value ¥7.54
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Leshan Electric Power Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Leshan Electric Power Co  (SHSE:600644) 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.


Leshan Electric Power Co Cyclically Adjusted PS Ratio Related Terms


Leshan Electric Power Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Leshan Electric Power 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.

Leshan Electric Power Co Cyclically Adjusted PS Ratio Chart

Leshan Electric Power 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 1.77 1.72 1.53 1.31 1.98

Leshan Electric Power 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 2.91 2.23 1.98 2.33 0.00

SHSE:600644 vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Leshan Electric Power 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.


Leshan Electric Power Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Leshan Electric Power Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Leshan Electric Power Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600644
53GF Score
Leshan Electric Power Co Ltd SHSE:600644
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leshan Electric Power 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.

Leshan Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Leshan Electric Power 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)
=1.294/116.0564*116.0564
=1.294

Current CPI (Jun. 2026) = 116.0564.

Leshan Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.898 102.400 1.018
201612 0.936 102.600 1.059
201703 0.906 103.200 1.019
201706 0.949 103.100 1.068
201709 0.898 104.100 1.001
201712 1.070 104.500 1.188
201803 0.969 105.300 1.068
201806 1.031 104.900 1.141
201809 0.983 106.600 1.070
201812 1.047 106.500 1.141
201903 0.955 107.700 1.029
201906 1.021 107.700 1.100
201909 0.990 109.800 1.046
201912 1.161 111.200 1.212
202003 0.942 112.300 0.974
202006 1.035 110.400 1.088
202009 1.079 111.700 1.121
202012 1.199 111.500 1.248
202103 1.135 112.662 1.169
202106 1.199 111.769 1.245
202109 1.195 112.215 1.236
202112 1.245 113.108 1.277
202203 1.398 114.335 1.419
202206 1.366 114.558 1.384
202209 1.164 115.339 1.171
202212 1.407 115.116 1.418
202303 1.412 115.116 1.424
202306 1.358 114.558 1.376
202309 1.311 115.339 1.319
202312 1.460 114.781 1.476
202403 1.534 115.227 1.545
202406 1.427 114.781 1.443
202409 1.355 115.785 1.358
202412 1.615 114.893 1.631
202503 1.466 115.116 1.478
202506 1.408 114.907 1.422
202509 1.340 115.471 1.347
202512 1.723 115.832 1.726
202603 1.352 116.303 1.349
202606 1.294 116.056 1.294

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 Leshan Electric Power Co (SHSE:600644) Overvalued in 2026?

Based on GuruFocus' analysis, Leshan Electric Power Co stock appears to be overvalued. The current stock price of ¥8.83 is trading 17.1% above its estimated GF Value™ of ¥7.54. GuruFocus considers Leshan Electric Power Co to be Modestly Overvalued.

Key valuation signals for SHSE:600644:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ¥7.54 vs. price of ¥8.83 (17.1% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leshan Electric Power Co Business Description

Address No. 46 Jiading North Road, Shizhong District, Leshan, Sichuan, CHN, 614000
Leshan Electric Power Co Ltd is an electric power company. The company is engaged in covering power, natural gas, tap water and hotels, photovoltaic new energy and other fields.
53GF Score

Get the complete analysis for SHSE:600644

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

¥8.83
Price
¥7.54
GF Value