Shandong Lukang Pharmaceutical Co (SHSE:600789) Cyclically Adjusted PS Ratio: 1.36 (As of Aug. 21, 2026) — 27% Below Median

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SHSE:600789 Shandong Lukang Pharmaceutical Co Ltd SHSE:600789
69 GF Score
Price ¥7.33
GF Value ¥7.55
Valuation Fairly Valued
! 7 Warning Signs
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What is Shandong Lukang Pharmaceutical Co Cyclically Adjusted PS Ratio?

Shandong Lukang Pharmaceutical Co SHSE:600789 -4.68% 69 Cyclically Adjusted PS Ratio is 1.36 as of Aug. 21, 2026, which is 27% below its 10-year median of 1.87. GuruFocus rates SHSE:600789 with a GF Score™ of 69/100 and a GF Value™ of ¥7.55 (Fairly Valued). The stock has 7 warning signs investors should review. Among 750 Drug Manufacturers companies, Shandong Lukang Pharmaceutical Co ranks better than 62.8% on this metric.

As of today (2026-08-21), Shandong Lukang Pharmaceutical Co's current share price is ¥7.33. Shandong Lukang Pharmaceutical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥5.38. Shandong Lukang Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is 1.36.

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

SHSE:600789' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.87   Max: 4.36
Current: 1.41

During the past years, Shandong Lukang Pharmaceutical Co's highest Cyclically Adjusted PS Ratio was 4.36. The lowest was 1.19. And the median was 1.87.

SHSE:600789's Cyclically Adjusted PS Ratio is ranked better than
62.8% of 750 companies
in the Drug Manufacturers industry
Industry Median: 2.045 vs SHSE:600789: 1.41

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.

Shandong Lukang Pharmaceutical Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.518. 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 ¥5.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Lukang Pharmaceutical Co  (SHSE:600789) 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.


Shandong Lukang Pharmaceutical Co Cyclically Adjusted PS Ratio Related Terms


Shandong Lukang Pharmaceutical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Lukang Pharmaceutical 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.

Shandong Lukang Pharmaceutical Co Cyclically Adjusted PS Ratio Chart

Shandong Lukang Pharmaceutical 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 1.87 1.68 1.54 1.92 1.70

Shandong Lukang Pharmaceutical 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 2.00 1.95 1.85 1.70 1.54

SHSE:600789 vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Shandong Lukang Pharmaceutical 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.


Shandong Lukang Pharmaceutical Co Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shandong Lukang Pharmaceutical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Lukang Pharmaceutical Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600789
69GF Score
Shandong Lukang Pharmaceutical Co Ltd SHSE:600789
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Lukang Pharmaceutical 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.

Shandong Lukang Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.33/5.38
=1.36

* 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.

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

For example, Shandong Lukang Pharmaceutical 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)
=1.518/116.3033*116.3033
=1.518

Current CPI (Mar. 2026) = 116.3033.

Shandong Lukang Pharmaceutical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.663 101.400 0.760
201609 0.759 102.400 0.862
201612 0.922 102.600 1.045
201703 0.853 103.200 0.961
201706 0.997 103.100 1.125
201709 0.810 104.100 0.905
201712 1.015 104.500 1.130
201803 0.968 105.300 1.069
201806 0.954 104.900 1.058
201809 0.757 106.600 0.826
201812 1.117 106.500 1.220
201903 1.358 107.700 1.466
201906 0.855 107.700 0.923
201909 0.881 109.800 0.933
201912 1.085 111.200 1.135
202003 1.590 112.300 1.647
202006 0.886 110.400 0.933
202009 1.205 111.700 1.255
202012 1.151 111.500 1.201
202103 1.357 112.662 1.401
202106 1.378 111.769 1.434
202109 0.986 112.215 1.022
202112 1.480 113.108 1.522
202203 1.480 114.335 1.505
202206 1.656 114.558 1.681
202209 1.326 115.339 1.337
202212 1.682 115.116 1.699
202303 1.827 115.116 1.846
202306 1.575 114.558 1.599
202309 1.769 115.339 1.784
202312 1.588 114.781 1.609
202403 2.138 115.227 2.158
202406 1.516 114.781 1.536
202409 1.629 115.785 1.636
202412 1.707 114.893 1.728
202503 1.917 115.116 1.937
202506 1.632 114.907 1.652
202509 1.696 115.471 1.708
202512 1.042 115.832 1.046
202603 1.518 116.303 1.518

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 1.36 mean?
Shandong Lukang Pharmaceutical Co (SHSE:600789) has a Cyclically Adjusted PS Ratio of 1.36 as of Aug. 21, 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 Shandong Lukang Pharmaceutical Co and its competitors. This is 27% below median its historical median of 1.87. Over the past decade, Shandong Lukang Pharmaceutical Co's Cyclically Adjusted PS Ratio has ranged from 1.19 to 4.36. According to the industry distribution chart, Shandong Lukang Pharmaceutical Co ranks #279 out of 750 companies in the Drug Manufacturers industry, placing it in the top 37.2%.
Is Shandong Lukang Pharmaceutical Co's Cyclically Adjusted PS Ratio too high?
Shandong Lukang Pharmaceutical Co's current Cyclically Adjusted PS Ratio of 1.36 is 27% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 4.36. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.05. Shandong Lukang Pharmaceutical Co's value of 1.36 is 33.5% below this industry median. Based on the distribution chart, Shandong Lukang Pharmaceutical Co ranks #279 out of 750 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Shandong Lukang Pharmaceutical Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shandong Lukang Pharmaceutical Co's Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Shandong Lukang Pharmaceutical Co ranks #279 out of 750 companies for Cyclically Adjusted PS Ratio. This puts Shandong Lukang Pharmaceutical Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.05. Shandong Lukang Pharmaceutical Co's value of 1.36 is 33.5% below this benchmark. Historically, Shandong Lukang Pharmaceutical Co's own Cyclically Adjusted PS Ratio has ranged from 1.19 to 4.36 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.05, Shandong Lukang Pharmaceutical 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.05, based on 750 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. Shandong Lukang Pharmaceutical Co's current Cyclically Adjusted PS Ratio of 1.36 is 33.5% 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 Shandong Lukang Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Lukang Pharmaceutical Co's current Cyclically Adjusted PS Ratio is 1.36, which is 27% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Lukang Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Lukang Pharmaceutical Co (SHSE:600789) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.55, compared to a current price of ¥7.33 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.36, which is 27% below median its 10-year median of 1.87 and 33.5% below the Drug Manufacturers industry median of 2.05. Shandong Lukang Pharmaceutical Co's overall GF Score™ is 69/100 with 7 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 Shandong Lukang Pharmaceutical Co (SHSE:600789), the current Cyclically Adjusted PS Ratio is 1.36 as of Aug. 21, 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 Shandong Lukang Pharmaceutical Co (SHSE:600789) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Lukang Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥7.33 is trading 2.9% below its estimated GF Value™ of ¥7.55. GuruFocus considers Shandong Lukang Pharmaceutical Co to be Fairly Valued.

Key valuation signals for SHSE:600789:

  • Cyclically Adjusted PS Ratio: 1.36 (27% below median its 10-year median of 1.87)
  • GF Value™: ¥7.55 vs. price of ¥7.33 (2.9% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 33.5% below the Drug Manufacturers median (#279 of 750)

No single metric tells the full story. See the SHSE:600789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Lukang Pharmaceutical Co Business Description

Address No. 152 Taibai West Road, Jining, Shandong, CHN, 272021
Shandong Lukang Pharmaceutical Co Ltd is a bio-pharmaceuticals company. It is engaged in manufacturing antibiotics, semi-synthetic antibiotics for human use, bio-pharmaceuticals for veterinary and agriculture use, intermediates, resins, starches, glucose and amino acids.
69GF Score

Get the complete analysis for SHSE:600789

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

¥7.33
Price
¥7.55
GF Value