China Railway Construction (SHSE:601186) Cyclically Adjusted PS Ratio: 0.09 (As of Aug. 20, 2026) — 40% Below Median

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SHSE:601186 China Railway Construction Corp Ltd SHSE:601186
69 GF Score
Price ¥6.02
GF Value ¥7.45
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China Railway Construction Cyclically Adjusted PS Ratio?

China Railway Construction SHSE:601186 +0.84% 69 Cyclically Adjusted PS Ratio is 0.09 as of Aug. 20, 2026, which is 40% below its 10-year median of 0.15. GuruFocus rates SHSE:601186 with a GF Score™ of 69/100 and a GF Value™ of ¥7.45 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,373 Construction companies, China Railway Construction ranks better than 94.03% on this metric.

As of today (2026-08-20), China Railway Construction's current share price is ¥6.02. China Railway Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥63.76. China Railway Construction's Cyclically Adjusted PS Ratio for today is 0.09.

The historical rank and industry rank for China Railway Construction's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601186' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.15   Max: 0.33
Current: 0.09

During the past years, China Railway Construction's highest Cyclically Adjusted PS Ratio was 0.33. The lowest was 0.09. And the median was 0.15.

SHSE:601186's Cyclically Adjusted PS Ratio is ranked better than
94.03% of 1373 companies
in the Construction industry
Industry Median: 0.7 vs SHSE:601186: 0.09

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 Railway Construction's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥14.763. 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 ¥63.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Railway Construction  (SHSE:601186) 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 Railway Construction Cyclically Adjusted PS Ratio Related Terms


China Railway Construction Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Railway Construction'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 Railway Construction Cyclically Adjusted PS Ratio Chart

China Railway Construction 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 0.14 0.13 0.13 0.15 0.12

China Railway Construction 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 0.13 0.13 0.13 0.12 0.11

SHSE:601186 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, China Railway Construction'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 Railway Construction Cyclically Adjusted PS Ratio vs Construction Industry

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

* The bar in red indicates where China Railway Construction's Cyclically Adjusted PS Ratio falls into.


SHSE:601186
69GF Score
China Railway Construction Corp Ltd SHSE:601186
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Railway Construction 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 Railway Construction's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.02/63.76
=0.09

* 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 Railway Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, China Railway Construction'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)
=14.763/116.3033*116.3033
=14.763

Current CPI (Mar. 2026) = 116.3033.

China Railway Construction Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.653 101.400 12.219
201609 11.426 102.400 12.977
201612 14.701 102.600 16.664
201703 8.678 103.200 9.780
201706 11.201 103.100 12.635
201709 11.982 104.100 13.387
201712 13.582 104.500 15.116
201803 9.080 105.300 10.029
201806 11.279 104.900 12.505
201809 13.262 106.600 14.469
201812 16.251 106.500 17.747
201903 10.390 107.700 11.220
201906 12.783 107.700 13.804
201909 13.884 109.800 14.706
201912 17.547 111.200 18.352
202003 8.939 112.300 9.258
202006 14.704 110.400 15.490
202009 16.387 111.700 17.062
202012 18.817 111.500 19.628
202103 14.350 112.662 14.814
202106 16.957 111.769 17.645
202109 15.968 112.215 16.550
202112 18.840 113.108 19.372
202203 17.127 114.335 17.422
202206 18.559 114.558 18.842
202209 16.683 115.339 16.823
202212 20.043 115.116 20.250
202303 18.011 115.116 18.197
202306 18.064 114.558 18.339
202309 17.501 115.339 17.647
202312 21.843 114.781 22.133
202403 18.208 115.227 18.378
202406 16.045 114.781 16.258
202409 15.095 115.785 15.163
202412 21.023 114.893 21.281
202503 16.949 115.116 17.124
202506 15.068 114.907 15.251
202509 15.227 115.471 15.337
202512 18.882 115.832 18.959
202603 14.763 116.303 14.763

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 0.09 mean?
China Railway Construction (SHSE:601186) has a Cyclically Adjusted PS Ratio of 0.09 as of Aug. 20, 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 Railway Construction and its competitors. This is 40% below median its historical median of 0.15. Over the past decade, China Railway Construction's Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.33. According to the industry distribution chart, China Railway Construction ranks #82 out of 1373 companies in the Construction industry, placing it in the top 6%.
Is China Railway Construction's Cyclically Adjusted PS Ratio too high?
China Railway Construction's current Cyclically Adjusted PS Ratio of 0.09 is 40% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.33. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. China Railway Construction's value of 0.09 is 87.1% below this industry median. Based on the distribution chart, China Railway Construction ranks #82 out of 1373 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, China Railway Construction has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Railway Construction's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, China Railway Construction ranks #82 out of 1373 companies for Cyclically Adjusted PS Ratio. This places China Railway Construction in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. China Railway Construction's value of 0.09 is 87.1% below this benchmark. Historically, China Railway Construction's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.33 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.70, China Railway Construction 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 0.70, based on 1,373 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 Railway Construction's current Cyclically Adjusted PS Ratio of 0.09 is 87.1% 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 Railway Construction and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Railway Construction's current Cyclically Adjusted PS Ratio is 0.09, which is 40% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Construction stock overvalued right now?
Based on GuruFocus' analysis, China Railway Construction (SHSE:601186) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.45, compared to a current price of ¥6.02 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.09, which is 40% below median its 10-year median of 0.15 and 87.1% below the Construction industry median of 0.70. China Railway Construction's overall GF Score™ is 69/100 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 Railway Construction (SHSE:601186), the current Cyclically Adjusted PS Ratio is 0.09 as of Aug. 20, 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 Railway Construction (SHSE:601186) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway Construction stock appears to be undervalued. The current stock price of ¥6.02 is trading 19.2% below its estimated GF Value™ of ¥7.45. GuruFocus considers China Railway Construction to be Modestly Undervalued.

Key valuation signals for SHSE:601186:

  • Cyclically Adjusted PS Ratio: 0.09 (40% below median its 10-year median of 0.15)
  • GF Value™: ¥7.45 vs. price of ¥6.02 (19.2% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 87.1% below the Construction median (#82 of 1373)

No single metric tells the full story. See the SHSE:601186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Railway Construction Business Description

Other Exchanges 01186:Hong Kong
Address East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855
China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segments: Engineering contracting business, Planning, design and consultancy, Manufacturing operation, Real estate development operation, Materials and logistics and other businesses. The firm's revenue gets dominated by the Engineering contracting business segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.
69GF Score

Get the complete analysis for SHSE:601186

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

¥6.02
Price
¥7.45
GF Value