CETC Chips Technology (SHSE:600877) Cyclically Adjusted PS Ratio: 11.22 (As of Aug. 05, 2026) — 53% Above Median

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SHSE:600877 CETC Chips Technology Inc SHSE:600877
67 GF Score
Price ¥13.01
GF Value ¥9.50
Valuation Significantly Overvalued
! 3 Warning Signs
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What is CETC Chips Technology Cyclically Adjusted PS Ratio?

CETC Chips Technology SHSE:600877 +2.60% 67 Cyclically Adjusted PS Ratio is 11.22 as of Aug. 05, 2026, which is 53% above its 10-year median of 7.32. GuruFocus rates SHSE:600877 with a GF Score™ of 67/100 and a GF Value™ of ¥9.50 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 732 Semiconductors companies, CETC Chips Technology ranks worse than 79.78% on this metric.

As of today (2026-08-05), CETC Chips Technology's current share price is ¥13.01. CETC Chips Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.16. CETC Chips Technology's Cyclically Adjusted PS Ratio for today is 11.22.

The historical rank and industry rank for CETC Chips Technology's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600877' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 7.32   Max: 19.14
Current: 10.28

During the past years, CETC Chips Technology's highest Cyclically Adjusted PS Ratio was 19.14. The lowest was 1.22. And the median was 7.32.

SHSE:600877's Cyclically Adjusted PS Ratio is ranked worse than
79.78% of 732 companies
in the Semiconductors industry
Industry Median: 2.83 vs SHSE:600877: 10.28

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.

CETC Chips Technology's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.130. 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 ¥1.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CETC Chips Technology  (SHSE:600877) 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.


CETC Chips Technology Cyclically Adjusted PS Ratio Related Terms


CETC Chips Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CETC Chips Technology'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.

CETC Chips Technology Cyclically Adjusted PS Ratio Chart

CETC Chips Technology 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 9.19 8.92 10.09 10.57 15.05

CETC Chips Technology 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 10.42 10.77 12.21 15.05 13.76

SHSE:600877 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, CETC Chips Technology'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.


CETC Chips Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, CETC Chips Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CETC Chips Technology's Cyclically Adjusted PS Ratio falls into.


SHSE:600877
67GF Score
CETC Chips Technology Inc SHSE:600877
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CETC Chips Technology 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.

CETC Chips Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.01/1.16
=11.22

* 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.

CETC Chips Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CETC Chips Technology'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)
=0.13/116.3033*116.3033
=0.130

Current CPI (Mar. 2026) = 116.3033.

CETC Chips Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.257 101.400 0.295
201609 0.238 102.400 0.270
201612 0.289 102.600 0.328
201703 0.192 103.200 0.216
201706 0.263 103.100 0.297
201709 0.194 104.100 0.217
201712 0.205 104.500 0.228
201803 0.143 105.300 0.158
201806 -0.072 104.900 -0.080
201809 0.108 106.600 0.118
201812 0.548 106.500 0.598
201903 0.112 107.700 0.121
201906 0.040 107.700 0.043
201909 0.025 109.800 0.026
201912 0.423 111.200 0.442
202003 0.050 112.300 0.052
202006 0.718 110.400 0.756
202009 0.128 111.700 0.133
202012 0.772 111.500 0.805
202103 0.379 112.662 0.391
202106 0.401 111.769 0.417
202109 0.429 112.215 0.445
202112 0.654 113.108 0.672
202203 0.232 114.335 0.236
202206 0.355 114.558 0.360
202209 0.285 115.339 0.287
202212 0.465 115.116 0.470
202303 0.183 115.116 0.185
202306 0.296 114.558 0.301
202309 0.236 115.339 0.238
202312 0.600 114.781 0.608
202403 0.170 115.227 0.172
202406 0.243 114.781 0.246
202409 0.200 115.785 0.201
202412 0.310 114.893 0.314
202503 0.166 115.116 0.168
202506 0.205 114.907 0.207
202509 0.149 115.471 0.150
202512 0.347 115.832 0.348
202603 0.130 116.303 0.130

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 11.22 mean?
CETC Chips Technology (SHSE:600877) has a Cyclically Adjusted PS Ratio of 11.22 as of Aug. 05, 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 CETC Chips Technology and its competitors. This is 53% above median its historical median of 7.32. Over the past decade, CETC Chips Technology's Cyclically Adjusted PS Ratio has ranged from 1.22 to 19.14. According to the industry distribution chart, CETC Chips Technology ranks #584 out of 732 companies in the Semiconductors industry, placing it in the top 79.8%.
Is CETC Chips Technology's Cyclically Adjusted PS Ratio too high?
CETC Chips Technology's current Cyclically Adjusted PS Ratio of 11.22 is 53% above median its 10-year median of 7.32. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 19.14. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.83. CETC Chips Technology's value of 11.22 is 296.5% above this industry median. Based on the distribution chart, CETC Chips Technology ranks #584 out of 732 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, CETC Chips Technology has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CETC Chips Technology's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, CETC Chips Technology ranks #584 out of 732 companies for Cyclically Adjusted PS Ratio. This places CETC Chips Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.83. CETC Chips Technology's value of 11.22 is 296.5% above this benchmark. Historically, CETC Chips Technology's own Cyclically Adjusted PS Ratio has ranged from 1.22 to 19.14 over the past decade. While the company's 10-year median is 7.32 vs. the industry median of 2.83, CETC Chips Technology 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.83, based on 732 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. CETC Chips Technology's current Cyclically Adjusted PS Ratio of 11.22 is 296.5% 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 CETC Chips Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Chips Technology's current Cyclically Adjusted PS Ratio is 11.22, which is 53% above median its own 10-year median of 7.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Chips Technology stock overvalued right now?
Based on GuruFocus' analysis, CETC Chips Technology (SHSE:600877) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.50, compared to a current price of ¥13.01 — trading 36.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.22, which is 53% above median its 10-year median of 7.32 and 296.5% above the Semiconductors industry median of 2.83. CETC Chips Technology's overall GF Score™ is 67/100 with 3 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 CETC Chips Technology (SHSE:600877), the current Cyclically Adjusted PS Ratio is 11.22 as of Aug. 05, 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 CETC Chips Technology (SHSE:600877) Overvalued in 2026?

Based on GuruFocus' analysis, CETC Chips Technology stock appears to be overvalued. The current stock price of ¥13.01 is trading 36.9% above its estimated GF Value™ of ¥9.50. GuruFocus considers CETC Chips Technology to be Significantly Overvalued.

Key valuation signals for SHSE:600877:

  • Cyclically Adjusted PS Ratio: 11.22 (53% above median its 10-year median of 7.32)
  • GF Value™: ¥9.50 vs. price of ¥13.01 (36.9% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 296.5% above the Semiconductors median (#584 of 732)

No single metric tells the full story. See the SHSE:600877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CETC Chips Technology Business Description

Address No. 111, Yongjia Avenue, Biquan Street, Bishan District, Chongqing, CHN, 401331
CETC Chips Technology Inc is engaged in the design, research and development, manufacture, testing and sales of silicon-based analog semiconductor chips and their application products.
67GF Score

Get the complete analysis for SHSE:600877

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

¥13.01
Price
¥9.50
GF Value