Chongqing Chongbai Technology Group Co (SHSE:600729) Cyclically Adjusted PS Ratio: 0.31 (As of Aug. 22, 2026) — 11% Below Median

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SHSE:600729 Chongqing Chongbai Technology Group Co Ltd SHSE:600729
63 GF Score
Price ¥19.03
GF Value ¥23.04
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Chongqing Chongbai Technology Group Co Cyclically Adjusted PS Ratio?

Chongqing Chongbai Technology Group Co SHSE:600729 -2.16% 63 Cyclically Adjusted PS Ratio is 0.31 as of Aug. 22, 2026, which is 11% below its 10-year median of 0.35. GuruFocus rates SHSE:600729 with a GF Score™ of 63/100 and a GF Value™ of ¥23.04 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 805 Retail - Cyclical companies, Chongqing Chongbai Technology Group Co ranks better than 66.83% on this metric.

As of today (2026-08-22), Chongqing Chongbai Technology Group Co's current share price is ¥19.03. Chongqing Chongbai Technology Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥62.27. Chongqing Chongbai Technology Group Co's Cyclically Adjusted PS Ratio for today is 0.31.

The historical rank and industry rank for Chongqing Chongbai Technology Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600729' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.5
Current: 0.31

During the past years, Chongqing Chongbai Technology Group Co's highest Cyclically Adjusted PS Ratio was 0.50. The lowest was 0.24. And the median was 0.35.

SHSE:600729's Cyclically Adjusted PS Ratio is ranked better than
66.83% of 805 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs SHSE:600729: 0.31

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.

Chongqing Chongbai Technology Group Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥9.219. 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 ¥62.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Chongbai Technology Group Co  (SHSE:600729) 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.


Chongqing Chongbai Technology Group Co Cyclically Adjusted PS Ratio Related Terms


Chongqing Chongbai Technology Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chongqing Chongbai Technology Group 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.

Chongqing Chongbai Technology Group Co Cyclically Adjusted PS Ratio Chart

Chongqing Chongbai Technology Group 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 0.31 0.29 0.38 0.42 0.41

Chongqing Chongbai Technology Group 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 0.44 0.45 0.40 0.41 0.36

SHSE:600729 vs DDS: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Chongqing Chongbai Technology Group 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.


Chongqing Chongbai Technology Group Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chongqing Chongbai Technology Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chongqing Chongbai Technology Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600729
63GF Score
Chongqing Chongbai Technology Group Co Ltd SHSE:600729
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Chongbai Technology Group 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.

Chongqing Chongbai Technology Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.03/62.27
=0.31

* 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.

Chongqing Chongbai Technology Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chongqing Chongbai Technology Group 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)
=9.219/116.3033*116.3033
=9.219

Current CPI (Mar. 2026) = 116.3033.

Chongqing Chongbai Technology Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 18.948 101.400 21.733
201609 16.777 102.400 19.055
201612 20.797 102.600 23.575
201703 22.663 103.200 25.541
201706 21.078 103.100 23.777
201709 18.952 104.100 21.174
201712 21.567 104.500 24.003
201803 24.826 105.300 27.420
201806 19.562 104.900 21.689
201809 18.793 106.600 20.504
201812 20.521 106.500 22.410
201903 24.585 107.700 26.549
201906 20.152 107.700 21.762
201909 18.310 109.800 19.394
201912 21.777 111.200 22.776
202003 12.893 112.300 13.353
202006 12.988 110.400 13.682
202009 12.004 111.700 12.499
202012 13.774 111.500 14.367
202103 16.145 112.662 16.667
202106 13.148 111.769 13.681
202109 11.669 112.215 12.094
202112 11.859 113.108 12.194
202203 13.297 114.335 13.526
202206 11.742 114.558 11.921
202209 11.595 115.339 11.692
202212 9.572 115.116 9.671
202303 11.522 115.116 11.641
202306 11.582 114.558 11.758
202309 10.424 115.339 10.511
202312 9.625 114.781 9.753
202403 11.043 115.227 11.146
202406 9.400 114.781 9.525
202409 9.143 115.785 9.184
202412 9.388 114.893 9.503
202503 9.722 115.116 9.822
202506 8.568 114.907 8.672
202509 8.223 115.471 8.282
202512 6.952 115.832 6.980
202603 9.219 116.303 9.219

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 0.31 mean?
Chongqing Chongbai Technology Group Co (SHSE:600729) has a Cyclically Adjusted PS Ratio of 0.31 as of Aug. 22, 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 Chongqing Chongbai Technology Group Co and its competitors. This is 11% below median its historical median of 0.35. Over the past decade, Chongqing Chongbai Technology Group Co's Cyclically Adjusted PS Ratio has ranged from 0.24 to 0.50. According to the industry distribution chart, Chongqing Chongbai Technology Group Co ranks #267 out of 805 companies in the Retail - Cyclical industry, placing it in the top 33.2%.
Is Chongqing Chongbai Technology Group Co's Cyclically Adjusted PS Ratio too high?
Chongqing Chongbai Technology Group Co's current Cyclically Adjusted PS Ratio of 0.31 is 11% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.50. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Chongqing Chongbai Technology Group Co's value of 0.31 is 38% below this industry median. Based on the distribution chart, Chongqing Chongbai Technology Group Co ranks #267 out of 805 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Chongqing Chongbai Technology Group Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Chongbai Technology Group Co's Cyclically Adjusted PS Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Chongqing Chongbai Technology Group Co ranks #267 out of 805 companies for Cyclically Adjusted PS Ratio. This puts Chongqing Chongbai Technology Group Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Chongqing Chongbai Technology Group Co's value of 0.31 is 38% below this benchmark. Historically, Chongqing Chongbai Technology Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.24 to 0.50 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.50, Chongqing Chongbai Technology Group Co has consistently been below 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 805 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. Chongqing Chongbai Technology Group Co's current Cyclically Adjusted PS Ratio of 0.31 is 38% below 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 Chongqing Chongbai Technology Group Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Chongbai Technology Group Co's current Cyclically Adjusted PS Ratio is 0.31, which is 11% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Chongbai Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Chongbai Technology Group Co (SHSE:600729) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.04, compared to a current price of ¥19.03 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.31, which is 11% below median its 10-year median of 0.35 and 38% below the Retail - Cyclical industry median of 0.50. Chongqing Chongbai Technology Group Co's overall GF Score™ is 63/100 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 Chongqing Chongbai Technology Group Co (SHSE:600729), the current Cyclically Adjusted PS Ratio is 0.31 as of Aug. 22, 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 Chongqing Chongbai Technology Group Co (SHSE:600729) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Chongbai Technology Group Co stock appears to be undervalued. The current stock price of ¥19.03 is trading 17.4% below its estimated GF Value™ of ¥23.04. GuruFocus considers Chongqing Chongbai Technology Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600729:

  • Cyclically Adjusted PS Ratio: 0.31 (11% below median its 10-year median of 0.35)
  • GF Value™: ¥23.04 vs. price of ¥19.03 (17.4% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 38% below the Retail - Cyclical median (#267 of 805)

No single metric tells the full story. See the SHSE:600729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Chongbai Technology Group Co Business Description

Address No. 18 Qingnian Road, 10th, 11th and 14th floors, Yuzhong District, Chongqing, CHN, 400010
Chongqing Chongbai Technology Group Co Ltd is engaged the Business operations include department stores, supermarkets, electronics and automobile trading, etc.
63GF Score

Get the complete analysis for SHSE:600729

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

¥19.03
Price
¥23.04
GF Value