Shanghai Feilo Acoustics Co (SHSE:600651) Cyclically Adjusted PS Ratio: 2.17 (As of Aug. 14, 2026) — 124% Above Median

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:600651 Shanghai Feilo Acoustics Co Ltd SHSE:600651
54 GF Score
Price ¥5.97
GF Value ¥3.17
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Shanghai Feilo Acoustics Co Cyclically Adjusted PS Ratio?

Shanghai Feilo Acoustics Co SHSE:600651 -0.83% 54 Cyclically Adjusted PS Ratio is 2.17 as of Aug. 14, 2026, which is 124% above its 10-year median of 0.97. GuruFocus rates SHSE:600651 with a GF Score™ of 54/100 and a GF Value™ of ¥3.17 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 336 Furnishings, Fixtures & Appliances companies, Shanghai Feilo Acoustics Co ranks worse than 84.82% on this metric.

As of today (2026-08-14), Shanghai Feilo Acoustics Co's current share price is ¥5.97. Shanghai Feilo Acoustics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥2.75. Shanghai Feilo Acoustics Co's Cyclically Adjusted PS Ratio for today is 2.17.

The historical rank and industry rank for Shanghai Feilo Acoustics Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600651' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.97   Max: 4.08
Current: 2.33

During the past years, Shanghai Feilo Acoustics Co's highest Cyclically Adjusted PS Ratio was 4.08. The lowest was 0.66. And the median was 0.97.

SHSE:600651's Cyclically Adjusted PS Ratio is ranked worse than
84.82% of 336 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.69 vs SHSE:600651: 2.33

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.

Shanghai Feilo Acoustics Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.132. 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 ¥2.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Feilo Acoustics Co  (SHSE:600651) 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.


Shanghai Feilo Acoustics Co Cyclically Adjusted PS Ratio Related Terms


Shanghai Feilo Acoustics Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Feilo Acoustics 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.

Shanghai Feilo Acoustics Co Cyclically Adjusted PS Ratio Chart

Shanghai Feilo Acoustics 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 0.76 0.82 0.98 1.22 2.51

Shanghai Feilo Acoustics 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 1.25 1.38 2.79 2.51 2.52

SHSE:600651 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Shanghai Feilo Acoustics 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.


Shanghai Feilo Acoustics Co Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shanghai Feilo Acoustics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Feilo Acoustics Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600651
54GF Score
Shanghai Feilo Acoustics Co Ltd SHSE:600651
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Feilo Acoustics 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.

Shanghai Feilo Acoustics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.97/2.75
=2.17

* 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.

Shanghai Feilo Acoustics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanghai Feilo Acoustics 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)
=0.132/116.3033*116.3033
=0.132

Current CPI (Mar. 2026) = 116.3033.

Shanghai Feilo Acoustics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.431 101.400 1.641
201609 1.975 102.400 2.243
201612 2.231 102.600 2.529
201703 1.162 103.200 1.310
201706 1.500 103.100 1.692
201709 1.673 104.100 1.869
201712 1.109 104.500 1.234
201803 0.804 105.300 0.888
201806 0.766 104.900 0.849
201809 0.825 106.600 0.900
201812 0.947 106.500 1.034
201903 0.794 107.700 0.857
201906 0.700 107.700 0.756
201909 0.600 109.800 0.636
201912 0.693 111.200 0.725
202003 1.064 112.300 1.102
202006 0.434 110.400 0.457
202009 0.508 111.700 0.529
202012 0.504 111.500 0.526
202103 0.445 112.662 0.459
202106 0.466 111.769 0.485
202109 0.437 112.215 0.453
202112 0.481 113.108 0.495
202203 0.452 114.335 0.460
202206 0.405 114.558 0.411
202209 0.236 115.339 0.238
202212 0.236 115.116 0.238
202303 0.158 115.116 0.160
202306 0.236 114.558 0.240
202309 0.189 115.339 0.191
202312 0.205 114.781 0.208
202403 0.188 115.227 0.190
202406 0.191 114.781 0.194
202409 0.173 115.785 0.174
202412 0.251 114.893 0.254
202503 0.178 115.116 0.180
202506 0.172 114.907 0.174
202509 0.181 115.471 0.182
202512 0.196 115.832 0.197
202603 0.132 116.303 0.132

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 2.17 mean?
Shanghai Feilo Acoustics Co (SHSE:600651) has a Cyclically Adjusted PS Ratio of 2.17 as of Aug. 14, 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 Shanghai Feilo Acoustics Co and its competitors. This is 124% above median its historical median of 0.97. Over the past decade, Shanghai Feilo Acoustics Co's Cyclically Adjusted PS Ratio has ranged from 0.66 to 4.08. According to the industry distribution chart, Shanghai Feilo Acoustics Co ranks #285 out of 336 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 84.8%.
Is Shanghai Feilo Acoustics Co's Cyclically Adjusted PS Ratio too high?
Shanghai Feilo Acoustics Co's current Cyclically Adjusted PS Ratio of 2.17 is 124% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 4.08. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.69. Shanghai Feilo Acoustics Co's value of 2.17 is 214.5% above this industry median. Based on the distribution chart, Shanghai Feilo Acoustics Co ranks #285 out of 336 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Shanghai Feilo Acoustics Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Feilo Acoustics Co's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Shanghai Feilo Acoustics Co ranks #285 out of 336 companies for Cyclically Adjusted PS Ratio. This places Shanghai Feilo Acoustics Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. Shanghai Feilo Acoustics Co's value of 2.17 is 214.5% above this benchmark. Historically, Shanghai Feilo Acoustics Co's own Cyclically Adjusted PS Ratio has ranged from 0.66 to 4.08 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.69, Shanghai Feilo Acoustics 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.69, based on 336 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. Shanghai Feilo Acoustics Co's current Cyclically Adjusted PS Ratio of 2.17 is 214.5% 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 Shanghai Feilo Acoustics Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Feilo Acoustics Co's current Cyclically Adjusted PS Ratio is 2.17, which is 124% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Feilo Acoustics Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Feilo Acoustics Co (SHSE:600651) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.17, compared to a current price of ¥5.97 — trading 88.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.17, which is 124% above median its 10-year median of 0.97 and 214.5% above the Furnishings, Fixtures & Appliances industry median of 0.69. Shanghai Feilo Acoustics Co's overall GF Score™ is 54/100 with 2 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 Shanghai Feilo Acoustics Co (SHSE:600651), the current Cyclically Adjusted PS Ratio is 2.17 as of Aug. 14, 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 Shanghai Feilo Acoustics Co (SHSE:600651) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Feilo Acoustics Co stock appears to be overvalued. The current stock price of ¥5.97 is trading 88.3% above its estimated GF Value™ of ¥3.17. GuruFocus considers Shanghai Feilo Acoustics Co to be Significantly Overvalued.

Key valuation signals for SHSE:600651:

  • Cyclically Adjusted PS Ratio: 2.17 (124% above median its 10-year median of 0.97)
  • GF Value™: ¥3.17 vs. price of ¥5.97 (88.3% above fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 214.5% above the Furnishings, Fixtures & Appliances median (#285 of 336)

No single metric tells the full story. See the SHSE:600651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Feilo Acoustics Co Business Description

Address No. 1001 Jiaxin Road, Building 7, Jiading District, Shanghai, CHN, 200233
Shanghai Feilo Acoustics Co Ltd is a multinational lighting company. It offers landscape lighting, road lighting, automotive lighting, indoor lighting, and other commercial lighting products under the Ya and Sylvania brands.
54GF Score

Get the complete analysis for SHSE:600651

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

¥5.97
Price
¥3.17
GF Value