Shenma Industry Co (SHSE:600810) Cyclically Adjusted PS Ratio: 0.39 (As of Aug. 07, 2026) — Near Median

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SHSE:600810 Shenma Industry Co Ltd SHSE:600810
50 GF Score
Price ¥6.38
GF Value ¥9.41
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shenma Industry Co Cyclically Adjusted PS Ratio?

Shenma Industry Co SHSE:600810 -0.78% 50 Cyclically Adjusted PS Ratio is 0.39 as of Aug. 07, 2026, which is 5% below its 10-year median of 0.41. GuruFocus rates SHSE:600810 with a GF Score™ of 50/100 and a GF Value™ of ¥9.41 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,276 Chemicals companies, Shenma Industry Co ranks better than 84.09% on this metric.

As of today (2026-08-07), Shenma Industry Co's current share price is ¥6.38. Shenma Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥16.31. Shenma Industry Co's Cyclically Adjusted PS Ratio for today is 0.39.

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

SHSE:600810' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.41   Max: 0.75
Current: 0.38

During the past years, Shenma Industry Co's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.26. And the median was 0.41.

SHSE:600810's Cyclically Adjusted PS Ratio is ranked better than
84.09% of 1276 companies
in the Chemicals industry
Industry Median: 1.29 vs SHSE:600810: 0.38

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.

Shenma Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥2.984. 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 ¥16.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenma Industry Co  (SHSE:600810) 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.


Shenma Industry Co Cyclically Adjusted PS Ratio Related Terms


Shenma Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shenma Industry 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.

Shenma Industry Co Cyclically Adjusted PS Ratio Chart

Shenma Industry 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 0.58 0.40 0.44 0.50 0.55

Shenma Industry 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 0.53 0.57 0.63 0.55 0.47

SHSE:600810 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Shenma Industry 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.


Shenma Industry Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenma Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:600810
50GF Score
Shenma Industry Co Ltd SHSE:600810
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenma Industry 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.

Shenma Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.38/16.31
=0.39

* 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.

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

For example, Shenma Industry 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)
=2.984/116.3033*116.3033
=2.984

Current CPI (Mar. 2026) = 116.3033.

Shenma Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.729 101.400 5.424
201609 4.968 102.400 5.643
201612 4.242 102.600 4.809
201703 5.248 103.200 5.914
201706 4.134 103.100 4.663
201709 4.692 104.100 5.242
201712 4.344 104.500 4.835
201803 4.839 105.300 5.345
201806 5.121 104.900 5.678
201809 6.693 106.600 7.302
201812 5.728 106.500 6.255
201903 7.843 107.700 8.470
201906 6.845 107.700 7.392
201909 4.262 109.800 4.514
201912 0.657 111.200 0.687
202003 4.269 112.300 4.421
202006 2.949 110.400 3.107
202009 4.274 111.700 4.450
202012 1.611 111.500 1.680
202103 3.382 112.662 3.491
202106 3.095 111.769 3.221
202109 3.992 112.215 4.137
202112 3.519 113.108 3.618
202203 3.673 114.335 3.736
202206 3.545 114.558 3.599
202209 3.776 115.339 3.808
202212 2.915 115.116 2.945
202303 2.772 115.116 2.801
202306 1.087 114.558 1.104
202309 3.315 115.339 3.343
202312 3.179 114.781 3.221
202403 2.181 115.227 2.201
202406 3.303 114.781 3.347
202409 2.909 115.785 2.922
202412 3.814 114.893 3.861
202503 3.089 115.116 3.121
202506 3.648 114.907 3.692
202509 2.924 115.471 2.945
202512 3.173 115.832 3.186
202603 2.984 116.303 2.984

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 0.39 mean?
Shenma Industry Co (SHSE:600810) has a Cyclically Adjusted PS Ratio of 0.39 as of Aug. 07, 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 Shenma Industry Co and its competitors. This is near median its historical median of 0.41. Over the past decade, Shenma Industry Co's Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.75. According to the industry distribution chart, Shenma Industry Co ranks #203 out of 1276 companies in the Chemicals industry, placing it in the top 15.9%.
Is Shenma Industry Co's Cyclically Adjusted PS Ratio too high?
Shenma Industry Co's current Cyclically Adjusted PS Ratio of 0.39 is near median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.75. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Shenma Industry Co's value of 0.39 is 69.8% below this industry median. Based on the distribution chart, Shenma Industry Co ranks #203 out of 1276 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shenma Industry Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shenma Industry Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shenma Industry Co ranks #203 out of 1276 companies for Cyclically Adjusted PS Ratio. This places Shenma Industry Co in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.29. Shenma Industry Co's value of 0.39 is 69.8% below this benchmark. Historically, Shenma Industry Co's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.75 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.29, Shenma Industry 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,276 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. Shenma Industry Co's current Cyclically Adjusted PS Ratio of 0.39 is 69.8% 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 Shenma Industry Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenma Industry Co's current Cyclically Adjusted PS Ratio is 0.39, which is near median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenma Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shenma Industry Co (SHSE:600810) is currently considered Possible Value Trap. The stock's GF Value™ is ¥9.41, compared to a current price of ¥6.38 — trading 32.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.39, which is near median its 10-year median of 0.41 and 69.8% below the Chemicals industry median of 1.29. Shenma Industry Co's overall GF Score™ is 50/100 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 Shenma Industry Co (SHSE:600810), the current Cyclically Adjusted PS Ratio is 0.39 as of Aug. 07, 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 Shenma Industry Co (SHSE:600810) Overvalued in 2026?

Based on GuruFocus' analysis, Shenma Industry Co stock appears to be undervalued. The current stock price of ¥6.38 is trading 32.2% below its estimated GF Value™ of ¥9.41. GuruFocus considers Shenma Industry Co to be Possible Value Trap.

Key valuation signals for SHSE:600810:

  • Cyclically Adjusted PS Ratio: 0.39 (near median its 10-year median of 0.41)
  • GF Value™: ¥9.41 vs. price of ¥6.38 (32.2% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 69.8% below the Chemicals median (#203 of 1276)

No single metric tells the full story. See the SHSE:600810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenma Industry Co Business Description

Address No. 63 Jianshe Road, Henan Province, Pingdingshan, CHN, 467000
Shenma Industry Co Ltd is engaged in production and distribution of Nylon 66 tyre cord fabric and other types of industrial yarn in China. Its products include dry adipic acid, cyclohexanol, cyclohexane, nylon 66 grey cloth, nylon 66 dipped type cord fabric, nylon 66 dipping tire bead cloth, nylon 66 dipping canvas, and nylon 66 industrial yarn.
50GF Score

Get the complete analysis for SHSE:600810

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

¥6.38
Price
¥9.41
GF Value