China Security Co (SHSE:600654) Cyclically Adjusted PS Ratio: 1.48 (As of Aug. 14, 2026) — 44% Above Median

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SHSE:600654 China Security Co Ltd SHSE:600654
55 GF Score
Price ¥2.93
GF Value ¥2.88
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is China Security Co Cyclically Adjusted PS Ratio?

China Security Co SHSE:600654 -0.68% 55 Cyclically Adjusted PS Ratio is 1.48 as of Aug. 14, 2026, which is 44% above its 10-year median of 1.03. GuruFocus rates SHSE:600654 with a GF Score™ of 55/100 and a GF Value™ of ¥2.88 (Fairly Valued). The stock has 2 warning signs investors should review. Among 716 Business Services companies, China Security Co ranks worse than 65.08% on this metric.

As of today (2026-08-14), China Security Co's current share price is ¥2.93. China Security Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.98. China Security Co's Cyclically Adjusted PS Ratio for today is 1.48.

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

SHSE:600654' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.03   Max: 10.75
Current: 1.51

During the past years, China Security Co's highest Cyclically Adjusted PS Ratio was 10.75. The lowest was 0.50. And the median was 1.03.

SHSE:600654's Cyclically Adjusted PS Ratio is ranked worse than
65.08% of 716 companies
in the Business Services industry
Industry Median: 0.87 vs SHSE:600654: 1.51

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.

China Security Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.230. 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 ¥1.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Security Co  (SHSE:600654) 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.


China Security Co Cyclically Adjusted PS Ratio Related Terms


China Security Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Security 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.

China Security Co Cyclically Adjusted PS Ratio Chart

China Security 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 1.00 1.07 0.99 1.55 1.88

China Security 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 1.55 1.44 1.56 1.88 1.69

SHSE:600654 vs ALLE, MSA, ADT: Cyclically Adjusted PS Ratio Comparison

For the Security & Protection Services subindustry, China Security 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.


China Security Co Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, China Security Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Security Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600654
55GF Score
China Security Co Ltd SHSE:600654
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Security 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.

China Security Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.93/1.98
=1.48

* 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.

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

For example, China Security 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)
=0.23/116.3033*116.3033
=0.230

Current CPI (Mar. 2026) = 116.3033.

China Security Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.516 101.400 0.592
201609 0.738 102.400 0.838
201612 0.892 102.600 1.011
201703 0.549 103.200 0.619
201706 0.423 103.100 0.477
201709 0.600 104.100 0.670
201712 0.656 104.500 0.730
201803 1.058 105.300 1.169
201806 0.497 104.900 0.551
201809 0.547 106.600 0.597
201812 0.649 106.500 0.709
201903 0.488 107.700 0.527
201906 0.507 107.700 0.548
201909 0.489 109.800 0.518
201912 0.680 111.200 0.711
202003 0.397 112.300 0.411
202006 0.372 110.400 0.392
202009 0.863 111.700 0.899
202012 0.657 111.500 0.685
202103 0.524 112.662 0.541
202106 0.486 111.769 0.506
202109 0.496 112.215 0.514
202112 0.466 113.108 0.479
202203 0.419 114.335 0.426
202206 0.507 114.558 0.515
202209 0.457 115.339 0.461
202212 0.268 115.116 0.271
202303 0.229 115.116 0.231
202306 0.220 114.558 0.223
202309 0.244 115.339 0.246
202312 0.315 114.781 0.319
202403 0.213 115.227 0.215
202406 0.248 114.781 0.251
202409 0.245 115.785 0.246
202412 0.355 114.893 0.359
202503 0.261 115.116 0.264
202506 0.296 114.907 0.300
202509 0.281 115.471 0.283
202512 0.247 115.832 0.248
202603 0.230 116.303 0.230

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 1.48 mean?
China Security Co (SHSE:600654) has a Cyclically Adjusted PS Ratio of 1.48 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 China Security Co and its competitors. This is 44% above median its historical median of 1.03. Over the past decade, China Security Co's Cyclically Adjusted PS Ratio has ranged from 0.50 to 10.75. According to the industry distribution chart, China Security Co ranks #466 out of 716 companies in the Business Services industry, placing it in the top 65.1%.
Is China Security Co's Cyclically Adjusted PS Ratio too high?
China Security Co's current Cyclically Adjusted PS Ratio of 1.48 is 44% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 10.75. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. China Security Co's value of 1.48 is 70.1% above this industry median. Based on the distribution chart, China Security Co ranks #466 out of 716 companies in the Business Services industry, which is below the industry midpoint. Overall, China Security Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Security Co's Cyclically Adjusted PS Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, China Security Co ranks #466 out of 716 companies for Cyclically Adjusted PS Ratio. This places China Security Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.87. China Security Co's value of 1.48 is 70.1% above this benchmark. Historically, China Security Co's own Cyclically Adjusted PS Ratio has ranged from 0.50 to 10.75 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 0.87, China Security 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.87, based on 716 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. China Security Co's current Cyclically Adjusted PS Ratio of 1.48 is 70.1% 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 China Security Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Security Co's current Cyclically Adjusted PS Ratio is 1.48, which is 44% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Security Co stock overvalued right now?
Based on GuruFocus' analysis, China Security Co (SHSE:600654) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.88, compared to a current price of ¥2.93 — trading 1.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.48, which is 44% above median its 10-year median of 1.03 and 70.1% above the Business Services industry median of 0.87. China Security Co's overall GF Score™ is 55/100 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 China Security Co (SHSE:600654), the current Cyclically Adjusted PS Ratio is 1.48 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 China Security Co (SHSE:600654) Overvalued in 2026?

Based on GuruFocus' analysis, China Security Co stock appears to be overvalued. The current stock price of ¥2.93 is trading 1.7% above its estimated GF Value™ of ¥2.88. GuruFocus considers China Security Co to be Fairly Valued.

Key valuation signals for SHSE:600654:

  • Cyclically Adjusted PS Ratio: 1.48 (44% above median its 10-year median of 1.03)
  • GF Value™: ¥2.88 vs. price of ¥2.93 (1.7% above fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 70.1% above the Business Services median (#466 of 716)

No single metric tells the full story. See the SHSE:600654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Security Co Business Description

Address No.2, South Road, 17th Floor, Block C, Rongke Information Center, Haidian District, Beijing, CHN, 100190
China Security Co Ltd is a professional smart city system integrator and comprehensive security service provider in China. It is involved in system integration and product manufacture. Its domestic business includes Public Safety, Smart Living, Smart Industry, and Smart Integration. Its international business includes Cash Logistics Management, Property Security Service, Electronic Security Service, Guard Security Services, Facility Management Service, and Extended Security Services.
55GF Score

Get the complete analysis for SHSE:600654

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

¥2.93
Price
¥2.88
GF Value