Shanghai Shentong Metro Co (SHSE:600834) Cyclically Adjusted PS Ratio: 5.64 (As of Aug. 17, 2026) — Near Median

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SHSE:600834 Shanghai Shentong Metro Co Ltd SHSE:600834
66 GF Score
Price ¥7.28
GF Value ¥9.37
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shanghai Shentong Metro Co Cyclically Adjusted PS Ratio?

Shanghai Shentong Metro Co SHSE:600834 -0.27% 66 Cyclically Adjusted PS Ratio is 5.64 as of Aug. 17, 2026, which is 3% below its 10-year median of 5.82. GuruFocus rates SHSE:600834 with a GF Score™ of 66/100 and a GF Value™ of ¥9.37 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 764 Transportation companies, Shanghai Shentong Metro Co ranks worse than 92.93% on this metric.

As of today (2026-08-17), Shanghai Shentong Metro Co's current share price is ¥7.28. Shanghai Shentong Metro Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.29. Shanghai Shentong Metro Co's Cyclically Adjusted PS Ratio for today is 5.64.

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

SHSE:600834' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.37   Med: 5.82   Max: 8.66
Current: 5.64

During the past years, Shanghai Shentong Metro Co's highest Cyclically Adjusted PS Ratio was 8.66. The lowest was 3.37. And the median was 5.82.

SHSE:600834's Cyclically Adjusted PS Ratio is ranked worse than
92.93% of 764 companies
in the Transportation industry
Industry Median: 0.905 vs SHSE:600834: 5.64

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.

Shanghai Shentong Metro Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.332. 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 ¥1.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Shentong Metro Co  (SHSE:600834) 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.


Shanghai Shentong Metro Co Cyclically Adjusted PS Ratio Related Terms


Shanghai Shentong Metro Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Shentong Metro 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.

Shanghai Shentong Metro Co Cyclically Adjusted PS Ratio Chart

Shanghai Shentong Metro 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 6.46 5.61 5.86 6.03 6.53

Shanghai Shentong Metro 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 5.98 7.10 6.65 6.53 6.68

SHSE:600834 vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Shanghai Shentong Metro 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.


Shanghai Shentong Metro Co Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Shentong Metro Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Shentong Metro Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600834
66GF Score
Shanghai Shentong Metro Co Ltd SHSE:600834
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Shentong Metro 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.

Shanghai Shentong Metro Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.28/1.29
=5.64

* 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.

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

For example, Shanghai Shentong Metro 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)
=0.332/116.3033*116.3033
=0.332

Current CPI (Mar. 2026) = 116.3033.

Shanghai Shentong Metro Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.359 101.400 0.412
201609 0.413 102.400 0.469
201612 0.422 102.600 0.478
201703 0.374 103.200 0.421
201706 0.431 103.100 0.486
201709 0.411 104.100 0.459
201712 0.422 104.500 0.470
201803 0.326 105.300 0.360
201806 0.539 104.900 0.598
201809 0.389 106.600 0.424
201812 0.630 106.500 0.688
201903 0.486 107.700 0.525
201906 0.502 107.700 0.542
201909 0.182 109.800 0.193
201912 0.196 111.200 0.205
202003 0.149 112.300 0.154
202006 0.156 110.400 0.164
202009 0.134 111.700 0.140
202012 0.172 111.500 0.179
202103 0.148 112.662 0.153
202106 0.193 111.769 0.201
202109 0.184 112.215 0.191
202112 0.198 113.108 0.204
202203 0.168 114.335 0.171
202206 0.174 114.558 0.177
202209 0.173 115.339 0.174
202212 0.189 115.116 0.191
202303 0.185 115.116 0.187
202306 0.185 114.558 0.188
202309 0.528 115.339 0.532
202312 0.368 114.781 0.373
202403 0.309 115.227 0.312
202406 0.269 114.781 0.273
202409 0.358 115.785 0.360
202412 0.316 114.893 0.320
202503 0.279 115.116 0.282
202506 0.318 114.907 0.322
202509 0.243 115.471 0.245
202512 0.391 115.832 0.393
202603 0.332 116.303 0.332

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 5.64 mean?
Shanghai Shentong Metro Co (SHSE:600834) has a Cyclically Adjusted PS Ratio of 5.64 as of Aug. 17, 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 Shanghai Shentong Metro Co and its competitors. This is near median its historical median of 5.82. Over the past decade, Shanghai Shentong Metro Co's Cyclically Adjusted PS Ratio has ranged from 3.37 to 8.66. According to the industry distribution chart, Shanghai Shentong Metro Co ranks #710 out of 764 companies in the Transportation industry, placing it in the top 92.9%.
Is Shanghai Shentong Metro Co's Cyclically Adjusted PS Ratio too high?
Shanghai Shentong Metro Co's current Cyclically Adjusted PS Ratio of 5.64 is near median its 10-year median of 5.82. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 8.66. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Shanghai Shentong Metro Co's value of 5.64 is 523.2% above this industry median. Based on the distribution chart, Shanghai Shentong Metro Co ranks #710 out of 764 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Shanghai Shentong Metro Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Shentong Metro Co's Cyclically Adjusted PS Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Shanghai Shentong Metro Co ranks #710 out of 764 companies for Cyclically Adjusted PS Ratio. This places Shanghai Shentong Metro Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Shanghai Shentong Metro Co's value of 5.64 is 523.2% above this benchmark. Historically, Shanghai Shentong Metro Co's own Cyclically Adjusted PS Ratio has ranged from 3.37 to 8.66 over the past decade. While the company's 10-year median is 5.82 vs. the industry median of 0.91, Shanghai Shentong Metro 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 764 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. Shanghai Shentong Metro Co's current Cyclically Adjusted PS Ratio of 5.64 is 523.2% 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 Shanghai Shentong Metro Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Shentong Metro Co's current Cyclically Adjusted PS Ratio is 5.64, which is near median its own 10-year median of 5.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Shentong Metro Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Shentong Metro Co (SHSE:600834) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.37, compared to a current price of ¥7.28 — trading 22.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.64, which is near median its 10-year median of 5.82 and 523.2% above the Transportation industry median of 0.91. Shanghai Shentong Metro Co's overall GF Score™ is 66/100 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 Shanghai Shentong Metro Co (SHSE:600834), the current Cyclically Adjusted PS Ratio is 5.64 as of Aug. 17, 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 Shanghai Shentong Metro Co (SHSE:600834) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Shentong Metro Co stock appears to be undervalued. The current stock price of ¥7.28 is trading 22.3% below its estimated GF Value™ of ¥9.37. GuruFocus considers Shanghai Shentong Metro Co to be Modestly Undervalued.

Key valuation signals for SHSE:600834:

  • Cyclically Adjusted PS Ratio: 5.64 (near median its 10-year median of 5.82)
  • GF Value™: ¥9.37 vs. price of ¥7.28 (22.3% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 523.2% above the Transportation median (#710 of 764)

No single metric tells the full story. See the SHSE:600834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Shentong Metro Co Business Description

Address No. 909 Guilin Road, Building 3, 3rd Floor, Shanghai, Shanghai, CHN, 201103
Shanghai Shentong Metro Co Ltd is engaged in the development, management, and operation of metro railway transport in China. It is also engaged in subway management, related comprehensive development, and rail transportation investment. Its main activities include ticket selling, railway investment and metro construction and operation.
66GF Score

Get the complete analysis for SHSE:600834

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

¥7.28
Price
¥9.37
GF Value