China Aerospace Times Electronic Co (SHSE:600879) Cyclically Adjusted PS Ratio: 2.85 (As of Aug. 15, 2026) — 69% Above Median

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SHSE:600879 China Aerospace Times Electronic Co Ltd SHSE:600879
53 GF Score
Price ¥15.89
GF Value ¥8.68
Valuation Significantly Overvalued
! 6 Warning Signs
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What is China Aerospace Times Electronic Co Cyclically Adjusted PS Ratio?

China Aerospace Times Electronic Co SHSE:600879 +0.57% 53 Cyclically Adjusted PS Ratio is 2.85 as of Aug. 15, 2026, which is 69% above its 10-year median of 1.69. GuruFocus rates SHSE:600879 with a GF Score™ of 53/100 and a GF Value™ of ¥8.68 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 224 Aerospace & Defense companies, China Aerospace Times Electronic Co ranks better than 51.79% on this metric.

As of today (2026-08-15), China Aerospace Times Electronic Co's current share price is ¥15.89. China Aerospace Times Electronic Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥5.58. China Aerospace Times Electronic Co's Cyclically Adjusted PS Ratio for today is 2.85.

The historical rank and industry rank for China Aerospace Times Electronic Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600879' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.69   Max: 5.61
Current: 2.94

During the past years, China Aerospace Times Electronic Co's highest Cyclically Adjusted PS Ratio was 5.61. The lowest was 1.10. And the median was 1.69.

SHSE:600879's Cyclically Adjusted PS Ratio is ranked better than
51.79% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.085 vs SHSE:600879: 2.94

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.

China Aerospace Times Electronic Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.530. 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 ¥5.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Aerospace Times Electronic Co  (SHSE:600879) 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.


China Aerospace Times Electronic Co Cyclically Adjusted PS Ratio Related Terms


China Aerospace Times Electronic Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Aerospace Times Electronic 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.

China Aerospace Times Electronic Co Cyclically Adjusted PS Ratio Chart

China Aerospace Times Electronic 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 1.77 1.33 1.41 1.60 3.80

China Aerospace Times Electronic 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 1.59 1.84 2.05 3.80 3.98

SHSE:600879 vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, China Aerospace Times Electronic 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.


China Aerospace Times Electronic Co Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Aerospace Times Electronic Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600879
53GF Score
China Aerospace Times Electronic Co Ltd SHSE:600879
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Aerospace Times Electronic 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.

China Aerospace Times Electronic Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.89/5.58
=2.85

* 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.

China Aerospace Times Electronic Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, China Aerospace Times Electronic 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)
=0.53/116.3033*116.3033
=0.530

Current CPI (Mar. 2026) = 116.3033.

China Aerospace Times Electronic Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.121 101.400 1.286
201609 2.366 102.400 2.687
201612 1.649 102.600 1.869
201703 0.809 103.200 0.912
201706 1.345 103.100 1.517
201709 0.955 104.100 1.067
201712 1.811 104.500 2.016
201803 0.992 105.300 1.096
201806 1.230 104.900 1.364
201809 1.116 106.600 1.218
201812 1.636 106.500 1.787
201903 1.000 107.700 1.080
201906 1.252 107.700 1.352
201909 1.158 109.800 1.227
201912 1.648 111.200 1.724
202003 0.761 112.300 0.788
202006 1.315 110.400 1.385
202009 1.144 111.700 1.191
202012 1.955 111.500 2.039
202103 1.059 112.662 1.093
202106 1.470 111.769 1.530
202109 1.517 112.215 1.572
202112 1.836 113.108 1.888
202203 1.350 114.335 1.373
202206 1.869 114.558 1.897
202209 1.313 115.339 1.324
202212 1.885 115.116 1.904
202303 1.642 115.116 1.659
202306 1.908 114.558 1.937
202309 1.061 115.339 1.070
202312 1.747 114.781 1.770
202403 1.147 115.227 1.158
202406 1.203 114.781 1.219
202409 0.454 115.785 0.456
202412 1.533 114.893 1.552
202503 0.515 115.116 0.520
202506 1.267 114.907 1.282
202509 0.885 115.471 0.891
202512 1.586 115.832 1.592
202603 0.530 116.303 0.530

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 2.85 mean?
China Aerospace Times Electronic Co (SHSE:600879) has a Cyclically Adjusted PS Ratio of 2.85 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 China Aerospace Times Electronic Co and its competitors. This is 69% above median its historical median of 1.69. Over the past decade, China Aerospace Times Electronic Co's Cyclically Adjusted PS Ratio has ranged from 1.10 to 5.61. According to the industry distribution chart, China Aerospace Times Electronic Co ranks #108 out of 224 companies in the Aerospace & Defense industry, placing it in the top 48.2%.
Is China Aerospace Times Electronic Co's Cyclically Adjusted PS Ratio too high?
China Aerospace Times Electronic Co's current Cyclically Adjusted PS Ratio of 2.85 is 69% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 5.61. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.09. China Aerospace Times Electronic Co's value of 2.85 is 7.6% below this industry median. Based on the distribution chart, China Aerospace Times Electronic Co ranks #108 out of 224 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, China Aerospace Times Electronic Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Aerospace Times Electronic Co's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, China Aerospace Times Electronic Co ranks #108 out of 224 companies for Cyclically Adjusted PS Ratio. This puts China Aerospace Times Electronic Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.09. China Aerospace Times Electronic Co's value of 2.85 is 7.6% below this benchmark. Historically, China Aerospace Times Electronic Co's own Cyclically Adjusted PS Ratio has ranged from 1.10 to 5.61 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 3.09, China Aerospace Times Electronic 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 Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.09, based on 224 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. China Aerospace Times Electronic Co's current Cyclically Adjusted PS Ratio of 2.85 is 7.6% 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 China Aerospace Times Electronic Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Aerospace Times Electronic Co's current Cyclically Adjusted PS Ratio is 2.85, which is 69% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Aerospace Times Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, China Aerospace Times Electronic Co (SHSE:600879) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.68, compared to a current price of ¥15.89 — trading 83.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.85, which is 69% above median its 10-year median of 1.69 and 7.6% below the Aerospace & Defense industry median of 3.09. China Aerospace Times Electronic Co's overall GF Score™ is 53/100 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 China Aerospace Times Electronic Co (SHSE:600879), the current Cyclically Adjusted PS Ratio is 2.85 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 China Aerospace Times Electronic Co (SHSE:600879) Overvalued in 2026?

Based on GuruFocus' analysis, China Aerospace Times Electronic Co stock appears to be overvalued. The current stock price of ¥15.89 is trading 83.1% above its estimated GF Value™ of ¥8.68. GuruFocus considers China Aerospace Times Electronic Co to be Significantly Overvalued.

Key valuation signals for SHSE:600879:

  • Cyclically Adjusted PS Ratio: 2.85 (69% above median its 10-year median of 1.69)
  • GF Value™: ¥8.68 vs. price of ¥15.89 (83.1% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 7.6% below the Aerospace & Defense median (#108 of 224)

No single metric tells the full story. See the SHSE:600879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Aerospace Times Electronic Co Business Description

Address Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.
53GF Score

Get the complete analysis for SHSE:600879

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

¥15.89
Price
¥8.68
GF Value