Shanghai Mechanical & Electrical Industry Co (SHSE:600835) Cyclically Adjusted PS Ratio: 0.86 (As of Aug. 14, 2026) — Near Median

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SHSE:600835 Shanghai Mechanical & Electrical Industry Co Ltd SHSE:600835
65 GF Score
Price ¥19.06
GF Value ¥16.89
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shanghai Mechanical & Electrical Industry Co Cyclically Adjusted PS Ratio?

Shanghai Mechanical & Electrical Industry Co SHSE:600835 +1.28% 65 Cyclically Adjusted PS Ratio is 0.86 as of Aug. 14, 2026, which is 4% above its 10-year median of 0.83. GuruFocus rates SHSE:600835 with a GF Score™ of 65/100 and a GF Value™ of ¥16.89 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,290 Industrial Products companies, Shanghai Mechanical & Electrical Industry Co ranks better than 69.96% on this metric.

As of today (2026-08-14), Shanghai Mechanical & Electrical Industry Co's current share price is ¥19.06. Shanghai Mechanical & Electrical Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥22.24. Shanghai Mechanical & Electrical Industry Co's Cyclically Adjusted PS Ratio for today is 0.86.

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

SHSE:600835' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.83   Max: 1.54
Current: 0.86

During the past years, Shanghai Mechanical & Electrical Industry Co's highest Cyclically Adjusted PS Ratio was 1.54. The lowest was 0.47. And the median was 0.83.

SHSE:600835's Cyclically Adjusted PS Ratio is ranked better than
69.96% of 2290 companies
in the Industrial Products industry
Industry Median: 1.81 vs SHSE:600835: 0.86

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 Mechanical & Electrical Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥4.058. 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 ¥22.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Mechanical & Electrical Industry Co  (SHSE:600835) 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 Mechanical & Electrical Industry Co Cyclically Adjusted PS Ratio Related Terms


Shanghai Mechanical & Electrical Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Mechanical & Electrical 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.

Shanghai Mechanical & Electrical Industry Co Cyclically Adjusted PS Ratio Chart

Shanghai Mechanical & Electrical 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 0.72 0.49 0.53 0.80 1.35

Shanghai Mechanical & Electrical 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 0.94 0.96 1.24 1.35 0.98

SHSE:600835 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Mechanical & Electrical 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.


Shanghai Mechanical & Electrical Industry Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Mechanical & Electrical Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Mechanical & Electrical Industry Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600835
65GF Score
Shanghai Mechanical & Electrical Industry Co Ltd SHSE:600835
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Mechanical & Electrical 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.

Shanghai Mechanical & Electrical Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.06/22.24
=0.86

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

For example, Shanghai Mechanical & Electrical 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)
=4.058/116.3033*116.3033
=4.058

Current CPI (Mar. 2026) = 116.3033.

Shanghai Mechanical & Electrical Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.557 101.400 6.374
201609 4.816 102.400 5.470
201612 4.624 102.600 5.242
201703 3.652 103.200 4.116
201706 5.845 103.100 6.594
201709 5.027 104.100 5.616
201712 4.705 104.500 5.236
201803 3.835 105.300 4.236
201806 6.300 104.900 6.985
201809 5.470 106.600 5.968
201812 5.193 106.500 5.671
201903 4.191 107.700 4.526
201906 6.310 107.700 6.814
201909 5.976 109.800 6.330
201912 5.243 111.200 5.484
202003 2.927 112.300 3.031
202006 8.018 110.400 8.447
202009 6.033 111.700 6.282
202012 6.003 111.500 6.262
202103 4.618 112.662 4.767
202106 6.447 111.769 6.709
202109 6.636 112.215 6.878
202112 6.345 113.108 6.524
202203 3.822 114.335 3.888
202206 5.008 114.558 5.084
202209 7.719 115.339 7.784
202212 6.474 115.116 6.541
202303 4.520 115.116 4.567
202306 6.026 114.558 6.118
202309 6.428 115.339 6.482
202312 4.903 114.781 4.968
202403 4.264 115.227 4.304
202406 5.493 114.781 5.566
202409 5.514 115.785 5.539
202412 5.009 114.893 5.071
202503 4.139 115.116 4.182
202506 5.089 114.907 5.151
202509 5.167 115.471 5.204
202512 4.359 115.832 4.377
202603 4.058 116.303 4.058

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 0.86 mean?
Shanghai Mechanical & Electrical Industry Co (SHSE:600835) has a Cyclically Adjusted PS Ratio of 0.86 as of Aug. 14, 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 Mechanical & Electrical Industry Co and its competitors. This is near median its historical median of 0.83. Over the past decade, Shanghai Mechanical & Electrical Industry Co's Cyclically Adjusted PS Ratio has ranged from 0.47 to 1.54. According to the industry distribution chart, Shanghai Mechanical & Electrical Industry Co ranks #688 out of 2290 companies in the Industrial Products industry, placing it in the top 30%.
Is Shanghai Mechanical & Electrical Industry Co's Cyclically Adjusted PS Ratio too high?
Shanghai Mechanical & Electrical Industry Co's current Cyclically Adjusted PS Ratio of 0.86 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.54. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Shanghai Mechanical & Electrical Industry Co's value of 0.86 is 52.5% below this industry median. Based on the distribution chart, Shanghai Mechanical & Electrical Industry Co ranks #688 out of 2290 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai Mechanical & Electrical Industry Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Mechanical & Electrical Industry Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Mechanical & Electrical Industry Co ranks #688 out of 2290 companies for Cyclically Adjusted PS Ratio. This puts Shanghai Mechanical & Electrical Industry Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Shanghai Mechanical & Electrical Industry Co's value of 0.86 is 52.5% below this benchmark. Historically, Shanghai Mechanical & Electrical Industry Co's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 1.54 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.81, Shanghai Mechanical & Electrical 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,290 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 Mechanical & Electrical Industry Co's current Cyclically Adjusted PS Ratio of 0.86 is 52.5% 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 Shanghai Mechanical & Electrical Industry Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Mechanical & Electrical Industry Co's current Cyclically Adjusted PS Ratio is 0.86, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Mechanical & Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Mechanical & Electrical Industry Co (SHSE:600835) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥16.89, compared to a current price of ¥19.06 — trading 12.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.86, which is near median its 10-year median of 0.83 and 52.5% below the Industrial Products industry median of 1.81. Shanghai Mechanical & Electrical Industry Co's overall GF Score™ is 65/100 with 5 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 Mechanical & Electrical Industry Co (SHSE:600835), the current Cyclically Adjusted PS Ratio is 0.86 as of Aug. 14, 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 Mechanical & Electrical Industry Co (SHSE:600835) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Mechanical & Electrical Industry Co stock appears to be overvalued. The current stock price of ¥19.06 is trading 12.8% above its estimated GF Value™ of ¥16.89. GuruFocus considers Shanghai Mechanical & Electrical Industry Co to be Modestly Overvalued.

Key valuation signals for SHSE:600835:

  • Cyclically Adjusted PS Ratio: 0.86 (near median its 10-year median of 0.83)
  • GF Value™: ¥16.89 vs. price of ¥19.06 (12.8% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 52.5% below the Industrial Products median (#688 of 2290)

No single metric tells the full story. See the SHSE:600835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Mechanical & Electrical Industry Co Business Description

Other Exchanges 900925:China
Address No. 1286 Minsheng Road, Huishang Building, 9F, Pudong, Shanghai, Shanghai, CHN, 200135
Shanghai Mechanical & Electrical Industry Co Ltd mainly operates as a distributor and manufacturer of the mechanical and electrical equipment. It provides products such as escalators, printing and packaging machines, refrigeration and air conditioning and welding equipment, engineering machineries, wood-based panel machineries, energy engineering, hydraulic and pneumatic products and electrical equipment.
65GF Score

Get the complete analysis for SHSE:600835

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

¥19.06
Price
¥16.89
GF Value