China National Chemical Engineering Co (SHSE:601117) Cyclically Adjusted PS Ratio: 0.31 (As of Sep. 10, 2026) — 24% Below Median

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SHSE:601117 China National Chemical Engineering Co Ltd SHSE:601117
91 GF Score
Price ¥7.43
GF Value ¥7.98
Valuation Fairly Valued
! 3 Warning Signs
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What is China National Chemical Engineering Co Cyclically Adjusted PS Ratio?

China National Chemical Engineering Co SHSE:601117 +0.13% 91 Cyclically Adjusted PS Ratio is 0.31 as of Sep. 10, 2026, which is 24% below its 10-year median of 0.41. GuruFocus rates SHSE:601117 with a GF Score™ of 91/100 and a GF Value™ of ¥7.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,367 Construction companies, China National Chemical Engineering Co ranks better than 74.54% on this metric.

As of today (2026-09-10), China National Chemical Engineering Co's current share price is ¥7.43. China National Chemical Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥24.12. China National Chemical Engineering Co's Cyclically Adjusted PS Ratio for today is 0.31.

The historical rank and industry rank for China National Chemical Engineering Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601117' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.41   Max: 0.87
Current: 0.31

During the past years, China National Chemical Engineering Co's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.30. And the median was 0.41.

SHSE:601117's Cyclically Adjusted PS Ratio is ranked better than
74.54% of 1367 companies
in the Construction industry
Industry Median: 0.72 vs SHSE:601117: 0.31

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 National Chemical Engineering Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥7.512. 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 ¥24.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China National Chemical Engineering Co  (SHSE:601117) 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 National Chemical Engineering Co Cyclically Adjusted PS Ratio Related Terms


China National Chemical Engineering Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China National Chemical Engineering 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 National Chemical Engineering Co Cyclically Adjusted PS Ratio Chart

China National Chemical Engineering 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 0.71 0.43 0.32 0.39 0.33

China National Chemical Engineering Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.35 0.33 0.33 0.37 0.30

SHSE:601117 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, China National Chemical Engineering 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 National Chemical Engineering Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, China National Chemical Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China National Chemical Engineering Co's Cyclically Adjusted PS Ratio falls into.


SHSE:601117
91GF Score
China National Chemical Engineering Co Ltd SHSE:601117
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China National Chemical Engineering 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 National Chemical Engineering Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.43/24.12
=0.31

* 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 National Chemical Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, China National Chemical Engineering Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.512/116.0564*116.0564
=7.512

Current CPI (Jun. 2026) = 116.0564.

China National Chemical Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.342 102.400 2.654
201612 3.488 102.600 3.945
201703 2.033 103.200 2.286
201706 3.006 103.100 3.384
201709 2.711 104.100 3.022
201712 4.444 104.500 4.935
201803 2.983 105.300 3.288
201806 3.930 104.900 4.348
201809 3.986 106.600 4.340
201812 5.528 106.500 6.024
201903 3.699 107.700 3.986
201906 3.980 107.700 4.289
201909 5.211 109.800 5.508
201912 8.115 111.200 8.469
202003 2.811 112.300 2.905
202006 4.521 110.400 4.753
202009 6.019 111.700 6.254
202012 7.572 111.500 7.881
202103 4.921 112.662 5.069
202106 5.831 111.769 6.055
202109 6.382 112.215 6.600
202112 7.581 113.108 7.779
202203 5.809 114.335 5.896
202206 6.388 114.558 6.472
202209 7.600 115.339 7.647
202212 6.265 115.116 6.316
202303 6.935 115.116 6.992
202306 7.955 114.558 8.059
202309 6.681 115.339 6.723
202312 7.820 114.781 7.907
202403 7.427 115.227 7.480
202406 7.326 114.781 7.407
202409 7.369 115.785 7.386
202412 8.380 114.893 8.465
202503 7.417 115.116 7.478
202506 7.499 114.907 7.574
202509 7.307 115.471 7.344
202512 9.144 115.832 9.162
202603 7.650 116.303 7.634
202606 7.512 116.056 7.512

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 0.31 mean?
China National Chemical Engineering Co (SHSE:601117) has a Cyclically Adjusted PS Ratio of 0.31 as of Sep. 10, 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 National Chemical Engineering Co and its competitors. This is 24% below median its historical median of 0.41. Over the past decade, China National Chemical Engineering Co's Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.87. According to the industry distribution chart, China National Chemical Engineering Co ranks #348 out of 1367 companies in the Construction industry, placing it in the top 25.5%.
Is China National Chemical Engineering Co's Cyclically Adjusted PS Ratio too high?
China National Chemical Engineering Co's current Cyclically Adjusted PS Ratio of 0.31 is 24% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.87. The Construction industry median Cyclically Adjusted PS Ratio is 0.72. China National Chemical Engineering Co's value of 0.31 is 56.9% below this industry median. Based on the distribution chart, China National Chemical Engineering Co ranks #348 out of 1367 companies in the Construction industry, which is above the industry midpoint. Overall, China National Chemical Engineering Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China National Chemical Engineering Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, China National Chemical Engineering Co ranks #348 out of 1367 companies for Cyclically Adjusted PS Ratio. This puts China National Chemical Engineering Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. China National Chemical Engineering Co's value of 0.31 is 56.9% below this benchmark. Historically, China National Chemical Engineering Co's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.87 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.72, China National Chemical Engineering 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 a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.72, based on 1,367 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 National Chemical Engineering Co's current Cyclically Adjusted PS Ratio of 0.31 is 56.9% 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 National Chemical Engineering Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Chemical Engineering Co's current Cyclically Adjusted PS Ratio is 0.31, which is 24% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Chemical Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, China National Chemical Engineering Co (SHSE:601117) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.98, compared to a current price of ¥7.43 — trading 6.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.31, which is 24% below median its 10-year median of 0.41 and 56.9% below the Construction industry median of 0.72. China National Chemical Engineering Co's overall GF Score™ is 91/100 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 China National Chemical Engineering Co (SHSE:601117), the current Cyclically Adjusted PS Ratio is 0.31 as of Sep. 10, 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 National Chemical Engineering Co (SHSE:601117) Overvalued in 2026?

Based on GuruFocus' analysis, China National Chemical Engineering Co stock appears to be undervalued. The current stock price of ¥7.43 is trading 6.9% below its estimated GF Value™ of ¥7.98. GuruFocus considers China National Chemical Engineering Co to be Fairly Valued.

Key valuation signals for SHSE:601117:

  • Cyclically Adjusted PS Ratio: 0.31 (24% below median its 10-year median of 0.41)
  • GF Value™: ¥7.98 vs. price of ¥7.43 (6.9% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 56.9% below the Construction median (#348 of 1367)

No single metric tells the full story. See the SHSE:601117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China National Chemical Engineering Co Business Description

Address No. 2, Dongzhimennei Street, Dongcheng District, Beijing, CHN, 100007
China National Chemical Engineering Co Ltd engages in the general contracting of construction and infrastructure projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China and internationally. It provides services, such as project consulting, prospecting, design, construction, project management, environmental treatment, and technology research and development and its industrialization, as well as the installation of pipelines, circuits, and equipment.
91GF Score

Get the complete analysis for SHSE:601117

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

¥7.43
Price
¥7.98
GF Value