Caihong Display Devices Co (SHSE:600707) Cyclically Adjusted PS Ratio: 3.86 (As of Aug. 15, 2026) — Near Median

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SHSE:600707 Caihong Display Devices Co Ltd SHSE:600707
56 GF Score
Price ¥9.31
GF Value ¥7.20
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Caihong Display Devices Co Cyclically Adjusted PS Ratio?

Caihong Display Devices Co SHSE:600707 +1.75% 56 Cyclically Adjusted PS Ratio is 3.86 as of Aug. 15, 2026, which is 4% below its 10-year median of 4.01. GuruFocus rates SHSE:600707 with a GF Score™ of 56/100 and a GF Value™ of ¥7.20 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,976 Hardware companies, Caihong Display Devices Co ranks worse than 76.06% on this metric.

As of today (2026-08-15), Caihong Display Devices Co's current share price is ¥9.31. Caihong Display Devices Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥2.41. Caihong Display Devices Co's Cyclically Adjusted PS Ratio for today is 3.86.

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

SHSE:600707' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.27   Med: 4.01   Max: 13.15
Current: 3.86

During the past years, Caihong Display Devices Co's highest Cyclically Adjusted PS Ratio was 13.15. The lowest was 2.27. And the median was 4.01.

SHSE:600707's Cyclically Adjusted PS Ratio is ranked worse than
76.06% of 1976 companies
in the Hardware industry
Industry Median: 1.39 vs SHSE:600707: 3.86

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.

Caihong Display Devices Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.993. 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 ¥2.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caihong Display Devices Co  (SHSE:600707) 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.


Caihong Display Devices Co Cyclically Adjusted PS Ratio Related Terms


Caihong Display Devices Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Caihong Display Devices 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.

Caihong Display Devices Co Cyclically Adjusted PS Ratio Chart

Caihong Display Devices 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 5.61 2.86 3.94 4.08 2.81

Caihong Display Devices 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 3.64 3.01 2.64 2.81 2.32

SHSE:600707 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Caihong Display Devices 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.


Caihong Display Devices Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Caihong Display Devices Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Caihong Display Devices Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600707
56GF Score
Caihong Display Devices Co Ltd SHSE:600707
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Caihong Display Devices 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.

Caihong Display Devices Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.31/2.41
=3.86

* 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.

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

For example, Caihong Display Devices 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)
=0.993/116.3033*116.3033
=0.993

Current CPI (Mar. 2026) = 116.3033.

Caihong Display Devices Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.115 101.400 0.132
201609 0.117 102.400 0.133
201612 0.131 102.600 0.148
201703 0.121 103.200 0.136
201706 0.138 103.100 0.156
201709 0.149 104.100 0.166
201712 0.128 104.500 0.142
201803 0.041 105.300 0.045
201806 0.039 104.900 0.043
201809 0.145 106.600 0.158
201812 0.367 106.500 0.401
201903 0.334 107.700 0.361
201906 0.245 107.700 0.265
201909 0.558 109.800 0.591
201912 0.805 111.200 0.842
202003 0.492 112.300 0.510
202006 0.608 110.400 0.641
202009 0.565 111.700 0.588
202012 1.090 111.500 1.137
202103 1.114 112.662 1.150
202106 1.371 111.769 1.427
202109 0.938 112.215 0.972
202112 0.792 113.108 0.814
202203 0.658 114.335 0.669
202206 0.590 114.558 0.599
202209 0.561 115.339 0.566
202212 0.682 115.116 0.689
202303 0.629 115.116 0.635
202306 0.826 114.558 0.839
202309 0.937 115.339 0.945
202312 0.734 114.781 0.744
202403 0.808 115.227 0.816
202406 0.883 114.781 0.895
202409 0.822 115.785 0.826
202412 0.742 114.893 0.751
202503 0.828 115.116 0.837
202506 0.752 114.907 0.761
202509 0.834 115.471 0.840
202512 0.726 115.832 0.729
202603 0.993 116.303 0.993

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 3.86 mean?
Caihong Display Devices Co (SHSE:600707) has a Cyclically Adjusted PS Ratio of 3.86 as of Aug. 15, 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 Caihong Display Devices Co and its competitors. This is near median its historical median of 4.01. Over the past decade, Caihong Display Devices Co's Cyclically Adjusted PS Ratio has ranged from 2.27 to 13.15. According to the industry distribution chart, Caihong Display Devices Co ranks #1503 out of 1976 companies in the Hardware industry, placing it in the top 76.1%.
Is Caihong Display Devices Co's Cyclically Adjusted PS Ratio too high?
Caihong Display Devices Co's current Cyclically Adjusted PS Ratio of 3.86 is near median its 10-year median of 4.01. Over the past 10 years, this metric has ranged from a low of 2.27 to a high of 13.15. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Caihong Display Devices Co's value of 3.86 is 177.7% above this industry median. Based on the distribution chart, Caihong Display Devices Co ranks #1503 out of 1976 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Caihong Display Devices Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caihong Display Devices Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Caihong Display Devices Co ranks #1503 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Caihong Display Devices Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Caihong Display Devices Co's value of 3.86 is 177.7% above this benchmark. Historically, Caihong Display Devices Co's own Cyclically Adjusted PS Ratio has ranged from 2.27 to 13.15 over the past decade. While the company's 10-year median is 4.01 vs. the industry median of 1.39, Caihong Display Devices 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 1.39, based on 1,976 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. Caihong Display Devices Co's current Cyclically Adjusted PS Ratio of 3.86 is 177.7% 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 Caihong Display Devices Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caihong Display Devices Co's current Cyclically Adjusted PS Ratio is 3.86, which is near median its own 10-year median of 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caihong Display Devices Co stock overvalued right now?
Based on GuruFocus' analysis, Caihong Display Devices Co (SHSE:600707) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.20, compared to a current price of ¥9.31 — trading 29.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.86, which is near median its 10-year median of 4.01 and 177.7% above the Hardware industry median of 1.39. Caihong Display Devices Co's overall GF Score™ is 56/100 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 Caihong Display Devices Co (SHSE:600707), the current Cyclically Adjusted PS Ratio is 3.86 as of Aug. 15, 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 Caihong Display Devices Co (SHSE:600707) Overvalued in 2026?

Based on GuruFocus' analysis, Caihong Display Devices Co stock appears to be overvalued. The current stock price of ¥9.31 is trading 29.3% above its estimated GF Value™ of ¥7.20. GuruFocus considers Caihong Display Devices Co to be Modestly Overvalued.

Key valuation signals for SHSE:600707:

  • Cyclically Adjusted PS Ratio: 3.86 (near median its 10-year median of 4.01)
  • GF Value™: ¥7.20 vs. price of ¥9.31 (29.3% above fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 177.7% above the Hardware median (#1503 of 1976)

No single metric tells the full story. See the SHSE:600707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caihong Display Devices Co Business Description

Address No. 1 Caihong Road, Xianyang, Shanxi, CHN, 712021
Caihong Display Devices Co Ltd is engaged in the research and development of new energy photovoltaic glass. Its operations include construction and operation of solar power plants; production and sales of solar photovoltaic glass, tempered glass, coated glass, conductive film glass, flat glass, and vacuum glass; production and sales of solar cell chip, solar cell module, and their auxiliary products as well as silicon materials; solar photovoltaic power generation related business; and other products. The majority of its revenue comes from China.
56GF Score

Get the complete analysis for SHSE:600707

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

¥9.31
Price
¥7.20
GF Value