Maoye Commercial Co (SHSE:600828) Cyclically Adjusted PS Ratio: 0.96 (As of Aug. 15, 2026) — 12% Above Median

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SHSE:600828 Maoye Commercial Co Ltd SHSE:600828
40 GF Score
Price ¥3.94
GF Value ¥2.58
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Maoye Commercial Co Cyclically Adjusted PS Ratio?

Maoye Commercial Co SHSE:600828 -2.23% 40 Cyclically Adjusted PS Ratio is 0.96 as of Aug. 15, 2026, which is 12% above its 10-year median of 0.86. GuruFocus rates SHSE:600828 with a GF Score™ of 40/100 and a GF Value™ of ¥2.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 802 Retail - Cyclical companies, Maoye Commercial Co ranks worse than 66.96% on this metric.

As of today (2026-08-15), Maoye Commercial Co's current share price is ¥3.94. Maoye Commercial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥4.10. Maoye Commercial Co's Cyclically Adjusted PS Ratio for today is 0.96.

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

SHSE:600828' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.86   Max: 2.91
Current: 0.95

During the past years, Maoye Commercial Co's highest Cyclically Adjusted PS Ratio was 2.91. The lowest was 0.50. And the median was 0.86.

SHSE:600828's Cyclically Adjusted PS Ratio is ranked worse than
66.96% of 802 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs SHSE:600828: 0.95

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.

Maoye Commercial Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.292. 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 ¥4.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maoye Commercial Co  (SHSE:600828) 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.


Maoye Commercial Co Cyclically Adjusted PS Ratio Related Terms


Maoye Commercial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Maoye Commercial 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.

Maoye Commercial Co Cyclically Adjusted PS Ratio Chart

Maoye Commercial 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 0.70 0.79 0.78 0.99 1.40

Maoye Commercial 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 0.72 0.90 0.93 1.40 1.30

SHSE:600828 vs DDS: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Maoye Commercial 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.


Maoye Commercial Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


SHSE:600828
40GF Score
Maoye Commercial Co Ltd SHSE:600828
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maoye Commercial 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.

Maoye Commercial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.94/4.10
=0.96

* 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.

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

For example, Maoye Commercial 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)
=0.292/116.3033*116.3033
=0.292

Current CPI (Mar. 2026) = 116.3033.

Maoye Commercial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.125 101.400 1.290
201609 1.362 102.400 1.547
201612 1.917 102.600 2.173
201703 1.883 103.200 2.122
201706 1.567 103.100 1.768
201709 1.470 104.100 1.642
201712 2.551 104.500 2.839
201803 2.061 105.300 2.276
201806 1.654 104.900 1.834
201809 1.523 106.600 1.662
201812 2.329 106.500 2.543
201903 1.959 107.700 2.115
201906 1.632 107.700 1.762
201909 1.410 109.800 1.494
201912 2.063 111.200 2.158
202003 0.440 112.300 0.456
202006 0.487 110.400 0.513
202009 0.516 111.700 0.537
202012 0.693 111.500 0.723
202103 0.699 112.662 0.722
202106 0.579 111.769 0.602
202109 0.511 112.215 0.530
202112 0.617 113.108 0.634
202203 0.498 114.335 0.507
202206 0.481 114.558 0.488
202209 0.351 115.339 0.354
202212 0.639 115.116 0.646
202303 0.544 115.116 0.550
202306 0.474 114.558 0.481
202309 0.388 115.339 0.391
202312 0.419 114.781 0.425
202403 0.475 115.227 0.479
202406 0.434 114.781 0.440
202409 0.318 115.785 0.319
202412 0.338 114.893 0.342
202503 0.371 115.116 0.375
202506 0.360 114.907 0.364
202509 0.323 115.471 0.325
202512 0.313 115.832 0.314
202603 0.292 116.303 0.292

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 0.96 mean?
Maoye Commercial Co (SHSE:600828) has a Cyclically Adjusted PS Ratio of 0.96 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 Maoye Commercial Co and its competitors. This is 12% above median its historical median of 0.86. Over the past decade, Maoye Commercial Co's Cyclically Adjusted PS Ratio has ranged from 0.50 to 2.91. According to the industry distribution chart, Maoye Commercial Co ranks #537 out of 802 companies in the Retail - Cyclical industry, placing it in the top 67%.
Is Maoye Commercial Co's Cyclically Adjusted PS Ratio too high?
Maoye Commercial Co's current Cyclically Adjusted PS Ratio of 0.96 is 12% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2.91. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Maoye Commercial Co's value of 0.96 is 92% above this industry median. Based on the distribution chart, Maoye Commercial Co ranks #537 out of 802 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Maoye Commercial Co has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maoye Commercial Co's Cyclically Adjusted PS Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Maoye Commercial Co ranks #537 out of 802 companies for Cyclically Adjusted PS Ratio. This places Maoye Commercial Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Maoye Commercial Co's value of 0.96 is 92% above this benchmark. Historically, Maoye Commercial Co's own Cyclically Adjusted PS Ratio has ranged from 0.50 to 2.91 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.50, Maoye Commercial 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 802 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. Maoye Commercial Co's current Cyclically Adjusted PS Ratio of 0.96 is 92% 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 Maoye Commercial 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. Maoye Commercial Co's current Cyclically Adjusted PS Ratio is 0.96, which is 12% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maoye Commercial Co stock overvalued right now?
Based on GuruFocus' analysis, Maoye Commercial Co (SHSE:600828) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.58, compared to a current price of ¥3.94 — trading 52.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.96, which is 12% above median its 10-year median of 0.86 and 92% above the Retail - Cyclical industry median of 0.50. Maoye Commercial Co's overall GF Score™ is 40/100 with 6 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 Maoye Commercial Co (SHSE:600828), the current Cyclically Adjusted PS Ratio is 0.96 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 Maoye Commercial Co (SHSE:600828) Overvalued in 2026?

Based on GuruFocus' analysis, Maoye Commercial Co stock appears to be overvalued. The current stock price of ¥3.94 is trading 52.7% above its estimated GF Value™ of ¥2.58. GuruFocus considers Maoye Commercial Co to be Significantly Overvalued.

Key valuation signals for SHSE:600828:

  • Cyclically Adjusted PS Ratio: 0.96 (12% above median its 10-year median of 0.86)
  • GF Value™: ¥2.58 vs. price of ¥3.94 (52.7% above fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 92% above the Retail - Cyclical median (#537 of 802)

No single metric tells the full story. See the SHSE:600828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maoye Commercial Co Business Description

Address No. 19 Dongyu Street, Sichuan Province, Chengdu, CHN, 610011
Maoye Commercial Co Ltd, formerly Chengshang Group Co Ltd is a China-based company engaged in retail and real estate development.
40GF Score

Get the complete analysis for SHSE:600828

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

¥3.94
Price
¥2.58
GF Value