Guizhou Wire Rope Co (SHSE:600992) Cyclically Adjusted PS Ratio: 0.99 (As of Jul. 30, 2026) — 30% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600992 Guizhou Wire Rope Co Ltd SHSE:600992
39 GF Score
Price ¥8.94
GF Value ¥13.90
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Guizhou Wire Rope Co Cyclically Adjusted PS Ratio?

Guizhou Wire Rope Co SHSE:600992 -4.28% 39 Cyclically Adjusted PS Ratio is 0.99 as of Jul. 30, 2026, which is 30% below its 10-year median of 1.42. GuruFocus rates SHSE:600992 with a GF Score™ of 39/100 and a GF Value™ of ¥13.90 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 515 Steel companies, Guizhou Wire Rope Co ranks worse than 73.01% on this metric.

As of today (2026-07-30), Guizhou Wire Rope Co's current share price is ¥8.94. Guizhou Wire Rope Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥9.02. Guizhou Wire Rope Co's Cyclically Adjusted PS Ratio for today is 0.99.

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

SHSE:600992' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.42   Max: 3.73
Current: 1

During the past years, Guizhou Wire Rope Co's highest Cyclically Adjusted PS Ratio was 3.73. The lowest was 0.58. And the median was 1.42.

SHSE:600992's Cyclically Adjusted PS Ratio is ranked worse than
73.01% of 515 companies
in the Steel industry
Industry Median: 0.45 vs SHSE:600992: 1.00

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.

Guizhou Wire Rope Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.612. 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 ¥9.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guizhou Wire Rope Co  (SHSE:600992) 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.


Guizhou Wire Rope Co Cyclically Adjusted PS Ratio Related Terms


Guizhou Wire Rope Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Guizhou Wire Rope 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.

Guizhou Wire Rope Co Cyclically Adjusted PS Ratio Chart

Guizhou Wire Rope 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 1.07 2.54 1.85 1.70 1.52

Guizhou Wire Rope 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 1.63 1.75 1.58 1.52 1.36

SHSE:600992 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Guizhou Wire Rope 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.


Guizhou Wire Rope Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Guizhou Wire Rope Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guizhou Wire Rope Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600992
39GF Score
Guizhou Wire Rope Co Ltd SHSE:600992
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guizhou Wire Rope 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.

Guizhou Wire Rope Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.94/9.02
=0.99

* 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.

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

For example, Guizhou Wire Rope 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)
=1.612/116.3033*116.3033
=1.612

Current CPI (Mar. 2026) = 116.3033.

Guizhou Wire Rope Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.481 101.400 1.699
201609 1.461 102.400 1.659
201612 1.697 102.600 1.924
201703 1.464 103.200 1.650
201706 1.790 103.100 2.019
201709 1.939 104.100 2.166
201712 2.228 104.500 2.480
201803 1.809 105.300 1.998
201806 2.204 104.900 2.444
201809 2.277 106.600 2.484
201812 2.134 106.500 2.330
201903 2.327 107.700 2.513
201906 2.133 107.700 2.303
201909 2.410 109.800 2.553
201912 2.098 111.200 2.194
202003 1.462 112.300 1.514
202006 2.386 110.400 2.514
202009 2.268 111.700 2.361
202012 2.621 111.500 2.734
202103 1.728 112.662 1.784
202106 2.751 111.769 2.863
202109 2.637 112.215 2.733
202112 3.205 113.108 3.296
202203 2.068 114.335 2.104
202206 2.771 114.558 2.813
202209 2.188 115.339 2.206
202212 2.713 115.116 2.741
202303 1.746 115.116 1.764
202306 2.185 114.558 2.218
202309 2.254 115.339 2.273
202312 2.749 114.781 2.785
202403 1.926 115.227 1.944
202406 2.302 114.781 2.333
202409 1.933 115.785 1.942
202412 2.588 114.893 2.620
202503 1.705 115.116 1.723
202506 2.196 114.907 2.223
202509 2.039 115.471 2.054
202512 2.581 115.832 2.591
202603 1.612 116.303 1.612

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 0.99 mean?
Guizhou Wire Rope Co (SHSE:600992) has a Cyclically Adjusted PS Ratio of 0.99 as of Jul. 30, 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 Guizhou Wire Rope Co and its competitors. This is 30% below median its historical median of 1.42. Over the past decade, Guizhou Wire Rope Co's Cyclically Adjusted PS Ratio has ranged from 0.58 to 3.73. According to the industry distribution chart, Guizhou Wire Rope Co ranks #376 out of 515 companies in the Steel industry, placing it in the top 73%.
Is Guizhou Wire Rope Co's Cyclically Adjusted PS Ratio too high?
Guizhou Wire Rope Co's current Cyclically Adjusted PS Ratio of 0.99 is 30% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.73. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Guizhou Wire Rope Co's value of 0.99 is 120% above this industry median. Based on the distribution chart, Guizhou Wire Rope Co ranks #376 out of 515 companies in the Steel industry, which is below the industry midpoint. Overall, Guizhou Wire Rope Co has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Guizhou Wire Rope Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Guizhou Wire Rope Co ranks #376 out of 515 companies for Cyclically Adjusted PS Ratio. This places Guizhou Wire Rope Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Guizhou Wire Rope Co's value of 0.99 is 120% above this benchmark. Historically, Guizhou Wire Rope Co's own Cyclically Adjusted PS Ratio has ranged from 0.58 to 3.73 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 0.45, Guizhou Wire Rope 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 515 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. Guizhou Wire Rope Co's current Cyclically Adjusted PS Ratio of 0.99 is 120% 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 Guizhou Wire Rope Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Wire Rope Co's current Cyclically Adjusted PS Ratio is 0.99, which is 30% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Wire Rope Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Wire Rope Co (SHSE:600992) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.90, compared to a current price of ¥8.94 — trading 35.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.99, which is 30% below median its 10-year median of 1.42 and 120% above the Steel industry median of 0.45. Guizhou Wire Rope Co's overall GF Score™ is 39/100 with 7 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 Guizhou Wire Rope Co (SHSE:600992), the current Cyclically Adjusted PS Ratio is 0.99 as of Jul. 30, 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 Guizhou Wire Rope Co (SHSE:600992) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Wire Rope Co stock appears to be undervalued. The current stock price of ¥8.94 is trading 35.7% below its estimated GF Value™ of ¥13.90. GuruFocus considers Guizhou Wire Rope Co to be Possible Value Trap.

Key valuation signals for SHSE:600992:

  • Cyclically Adjusted PS Ratio: 0.99 (30% below median its 10-year median of 1.42)
  • GF Value™: ¥13.90 vs. price of ¥8.94 (35.7% below fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 120% above the Steel median (#376 of 515)

No single metric tells the full story. See the SHSE:600992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Wire Rope Co Business Description

Address No. 47 Taoxi Road, Guizhou Province, Zunyi, CHN, 563000
Guizhou Wire Rope Co Ltd is a China-based company operating in the steel industry. The firm is engaged in the production, processing, and sales of steel wire rope, steel wire and steel strand, and related materials, equipment and technology research. The products offered by the company include single strand wire rope, four strands of wire rope, point contact wire rope, fishing wire rope, aviation wire rope, sealed wire rope, oil wire rope, galvanized steel strand, limb rigging, among others. Its products are used in mining, elevator, port machinery, aerospace, ship and bridge building.
39GF Score

Get the complete analysis for SHSE:600992

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

¥8.94
Price
¥13.90
GF Value