Guangdong HEC Technology Holding Co (SHSE:600673) Cyclically Adjusted PS Ratio: 7.09 (As of Aug. 03, 2026) — 158% Above Median

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SHSE:600673 Guangdong HEC Technology Holding Co Ltd SHSE:600673
69 GF Score
Price ¥29.23
GF Value ¥12.44
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Guangdong HEC Technology Holding Co Cyclically Adjusted PS Ratio?

Guangdong HEC Technology Holding Co SHSE:600673 +3.07% 69 Cyclically Adjusted PS Ratio is 7.09 as of Aug. 03, 2026, which is 158% above its 10-year median of 2.75. GuruFocus rates SHSE:600673 with a GF Score™ of 69/100 and a GF Value™ of ¥12.44 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,974 Hardware companies, Guangdong HEC Technology Holding Co ranks worse than 87.84% on this metric.

As of today (2026-08-03), Guangdong HEC Technology Holding Co's current share price is ¥29.23. Guangdong HEC Technology Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥4.12. Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio for today is 7.09.

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

SHSE:600673' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.75   Max: 9.68
Current: 6.87

During the past years, Guangdong HEC Technology Holding Co's highest Cyclically Adjusted PS Ratio was 9.68. The lowest was 1.35. And the median was 2.75.

SHSE:600673's Cyclically Adjusted PS Ratio is ranked worse than
87.84% of 1974 companies
in the Hardware industry
Industry Median: 1.34 vs SHSE:600673: 6.87

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.

Guangdong HEC Technology Holding Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.425. 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 ¥4.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong HEC Technology Holding Co  (SHSE:600673) 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.


Guangdong HEC Technology Holding Co Cyclically Adjusted PS Ratio Related Terms


Guangdong HEC Technology Holding Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Guangdong HEC Technology Holding 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.

Guangdong HEC Technology Holding Co Cyclically Adjusted PS Ratio Chart

Guangdong HEC Technology Holding 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 2.56 2.37 1.95 3.04 5.59

Guangdong HEC Technology Holding 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 2.62 3.03 5.93 5.59 7.36

SHSE:600673 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Guangdong HEC Technology Holding 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.


Guangdong HEC Technology Holding Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600673
69GF Score
Guangdong HEC Technology Holding Co Ltd SHSE:600673
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong HEC Technology Holding 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.

Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.23/4.12
=7.09

* 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.

Guangdong HEC Technology Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Guangdong HEC Technology Holding 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)
=1.425/116.3033*116.3033
=1.425

Current CPI (Mar. 2026) = 116.3033.

Guangdong HEC Technology Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.498 101.400 0.571
201609 0.563 102.400 0.639
201612 0.356 102.600 0.404
201703 0.662 103.200 0.746
201706 0.729 103.100 0.822
201709 0.960 104.100 1.073
201712 0.837 104.500 0.932
201803 1.082 105.300 1.195
201806 0.927 104.900 1.028
201809 0.976 106.600 1.065
201812 0.712 106.500 0.778
201903 1.293 107.700 1.396
201906 1.173 107.700 1.267
201909 1.074 109.800 1.138
201912 1.509 111.200 1.578
202003 1.272 112.300 1.317
202006 0.704 110.400 0.742
202009 0.727 111.700 0.757
202012 0.849 111.500 0.886
202103 0.960 112.662 0.991
202106 1.076 111.769 1.120
202109 1.080 112.215 1.119
202112 1.117 113.108 1.149
202203 0.978 114.335 0.995
202206 1.064 114.558 1.080
202209 0.957 115.339 0.965
202212 1.048 115.116 1.059
202303 0.901 115.116 0.910
202306 0.815 114.558 0.827
202309 0.996 115.339 1.004
202312 0.984 114.781 0.997
202403 0.945 115.227 0.954
202406 1.073 114.781 1.087
202409 0.994 115.785 0.998
202412 1.232 114.893 1.247
202503 1.144 115.116 1.156
202506 1.287 114.907 1.303
202509 1.313 115.471 1.322
202512 1.148 115.832 1.153
202603 1.425 116.303 1.425

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 7.09 mean?
Guangdong HEC Technology Holding Co (SHSE:600673) has a Cyclically Adjusted PS Ratio of 7.09 as of Aug. 03, 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 Guangdong HEC Technology Holding Co and its competitors. This is 158% above median its historical median of 2.75. Over the past decade, Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio has ranged from 1.35 to 9.68. According to the industry distribution chart, Guangdong HEC Technology Holding Co ranks #1734 out of 1974 companies in the Hardware industry, placing it in the top 87.8%.
Is Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio too high?
Guangdong HEC Technology Holding Co's current Cyclically Adjusted PS Ratio of 7.09 is 158% above median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 9.68. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Guangdong HEC Technology Holding Co's value of 7.09 is 429.1% above this industry median. Based on the distribution chart, Guangdong HEC Technology Holding Co ranks #1734 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Guangdong HEC Technology Holding Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Guangdong HEC Technology Holding Co ranks #1734 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Guangdong HEC Technology Holding Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Guangdong HEC Technology Holding Co's value of 7.09 is 429.1% above this benchmark. Historically, Guangdong HEC Technology Holding Co's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 9.68 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 1.34, Guangdong HEC Technology Holding 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,974 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. Guangdong HEC Technology Holding Co's current Cyclically Adjusted PS Ratio of 7.09 is 429.1% 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 Guangdong HEC Technology Holding Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong HEC Technology Holding Co's current Cyclically Adjusted PS Ratio is 7.09, which is 158% above median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong HEC Technology Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong HEC Technology Holding Co (SHSE:600673) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥12.44, compared to a current price of ¥29.23 — trading 135% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.09, which is 158% above median its 10-year median of 2.75 and 429.1% above the Hardware industry median of 1.34. Guangdong HEC Technology Holding Co's overall GF Score™ is 69/100 with 4 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 Guangdong HEC Technology Holding Co (SHSE:600673), the current Cyclically Adjusted PS Ratio is 7.09 as of Aug. 03, 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 Guangdong HEC Technology Holding Co (SHSE:600673) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong HEC Technology Holding Co stock appears to be overvalued. The current stock price of ¥29.23 is trading 135% above its estimated GF Value™ of ¥12.44. GuruFocus considers Guangdong HEC Technology Holding Co to be Significantly Overvalued.

Key valuation signals for SHSE:600673:

  • Cyclically Adjusted PS Ratio: 7.09 (158% above median its 10-year median of 2.75)
  • GF Value™: ¥12.44 vs. price of ¥29.23 (135% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 429.1% above the Hardware median (#1734 of 1974)

No single metric tells the full story. See the SHSE:600673 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong HEC Technology Holding Co Business Description

Address The Fifth Industrial Zone, Shangsha Village, Chang'an Town, Guangdong Province, Dongguan, CHN, 523871
Guangdong HEC Technology Holding Co Ltd is engaged in the manufacture and distribution of electronic materials and alloy materials. The company's products consist of high-purity aluminum, electrode foil, hydrophilic foil and coatings for hydrophilic foil, aluminum electrolytic capacitors, soft magnetic materials, and electrochemical products.
69GF Score

Get the complete analysis for SHSE:600673

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

¥29.23
Price
¥12.44
GF Value