MingYang Smart Energy Group (SHSE:601615) Cyclically Adjusted PS Ratio: 0.93 (As of Aug. 23, 2026) — 51% Below Median

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SHSE:601615 MingYang Smart Energy Group Ltd SHSE:601615
68 GF Score
Price ¥10.95
GF Value ¥16.82
Valuation Possible Value Trap
! 10 Warning Signs
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What is MingYang Smart Energy Group Cyclically Adjusted PS Ratio?

MingYang Smart Energy Group SHSE:601615 +1.86% 68 Cyclically Adjusted PS Ratio is 0.93 as of Aug. 23, 2026, which is 51% below its 10-year median of 1.91. GuruFocus rates SHSE:601615 with a GF Score™ of 68/100 and a GF Value™ of ¥16.82 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 2,283 Industrial Products companies, MingYang Smart Energy Group ranks better than 67.63% on this metric.

As of today (2026-08-23), MingYang Smart Energy Group's current share price is ¥10.95. MingYang Smart Energy Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥11.75. MingYang Smart Energy Group's Cyclically Adjusted PS Ratio for today is 0.93.

The historical rank and industry rank for MingYang Smart Energy Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601615' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.91   Max: 4.6
Current: 0.93

During the past years, MingYang Smart Energy Group's highest Cyclically Adjusted PS Ratio was 4.60. The lowest was 0.82. And the median was 1.91.

SHSE:601615's Cyclically Adjusted PS Ratio is ranked better than
67.63% of 2283 companies
in the Industrial Products industry
Industry Median: 1.8 vs SHSE:601615: 0.93

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.

MingYang Smart Energy Group's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥3.513. 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 ¥11.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MingYang Smart Energy Group  (SHSE:601615) 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.


MingYang Smart Energy Group Cyclically Adjusted PS Ratio Related Terms


MingYang Smart Energy Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MingYang Smart Energy Group'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.

MingYang Smart Energy Group Cyclically Adjusted PS Ratio Chart

MingYang Smart Energy Group 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 3.37 2.81 1.27 1.23 1.26

MingYang Smart Energy Group 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 1.04 1.07 1.46 1.26 1.44

SHSE:601615 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group'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.


MingYang Smart Energy Group Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where MingYang Smart Energy Group's Cyclically Adjusted PS Ratio falls into.


SHSE:601615
68GF Score
MingYang Smart Energy Group Ltd SHSE:601615
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MingYang Smart Energy Group 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.

MingYang Smart Energy Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.95/11.75
=0.93

* 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.

MingYang Smart Energy Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, MingYang Smart Energy Group'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)
=3.513/116.3033*116.3033
=3.513

Current CPI (Mar. 2026) = 116.3033.

MingYang Smart Energy Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.645 101.400 1.887
201609 1.217 102.400 1.382
201612 2.788 102.600 3.160
201703 1.226 103.200 1.382
201706 0.956 103.100 1.078
201709 1.425 104.100 1.592
201712 1.039 104.500 1.156
201803 0.498 105.300 0.550
201806 1.699 104.900 1.884
201809 1.765 106.600 1.926
201812 2.374 106.500 2.593
201903 1.789 107.700 1.932
201906 1.339 107.700 1.446
201909 2.311 109.800 2.448
201912 2.389 111.200 2.499
202003 2.223 112.300 2.302
202006 3.495 110.400 3.682
202009 4.738 111.700 4.933
202012 4.068 111.500 4.243
202103 2.316 112.662 2.391
202106 3.398 111.769 3.536
202109 3.685 112.215 3.819
202112 4.342 113.108 4.465
202203 3.390 114.335 3.448
202206 3.415 114.558 3.467
202209 2.873 115.339 2.897
202212 4.431 115.116 4.477
202303 1.210 115.116 1.222
202306 3.522 114.558 3.576
202309 4.700 115.339 4.739
202312 3.304 114.781 3.348
202403 2.169 115.227 2.189
202406 3.032 114.781 3.072
202409 3.869 115.785 3.886
202412 2.777 114.893 2.811
202503 3.315 115.116 3.349
202506 4.301 114.907 4.353
202509 4.092 115.471 4.121
202512 6.708 115.832 6.735
202603 3.513 116.303 3.513

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 0.93 mean?
MingYang Smart Energy Group (SHSE:601615) has a Cyclically Adjusted PS Ratio of 0.93 as of Aug. 23, 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 MingYang Smart Energy Group and its competitors. This is 51% below median its historical median of 1.91. Over the past decade, MingYang Smart Energy Group's Cyclically Adjusted PS Ratio has ranged from 0.82 to 4.60. According to the industry distribution chart, MingYang Smart Energy Group ranks #739 out of 2283 companies in the Industrial Products industry, placing it in the top 32.4%.
Is MingYang Smart Energy Group's Cyclically Adjusted PS Ratio too high?
MingYang Smart Energy Group's current Cyclically Adjusted PS Ratio of 0.93 is 51% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 4.60. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. MingYang Smart Energy Group's value of 0.93 is 48.3% below this industry median. Based on the distribution chart, MingYang Smart Energy Group ranks #739 out of 2283 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MingYang Smart Energy Group has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MingYang Smart Energy Group's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MingYang Smart Energy Group ranks #739 out of 2283 companies for Cyclically Adjusted PS Ratio. This puts MingYang Smart Energy Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. MingYang Smart Energy Group's value of 0.93 is 48.3% below this benchmark. Historically, MingYang Smart Energy Group's own Cyclically Adjusted PS Ratio has ranged from 0.82 to 4.60 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.80, MingYang Smart Energy Group 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.80, based on 2,283 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. MingYang Smart Energy Group's current Cyclically Adjusted PS Ratio of 0.93 is 48.3% 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 MingYang Smart Energy Group and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingYang Smart Energy Group's current Cyclically Adjusted PS Ratio is 0.93, which is 51% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingYang Smart Energy Group stock overvalued right now?
Based on GuruFocus' analysis, MingYang Smart Energy Group (SHSE:601615) is currently considered Possible Value Trap. The stock's GF Value™ is ¥16.82, compared to a current price of ¥10.95 — trading 34.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is 51% below median its 10-year median of 1.91 and 48.3% below the Industrial Products industry median of 1.80. MingYang Smart Energy Group's overall GF Score™ is 68/100 with 10 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 MingYang Smart Energy Group (SHSE:601615), the current Cyclically Adjusted PS Ratio is 0.93 as of Aug. 23, 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 MingYang Smart Energy Group (SHSE:601615) Overvalued in 2026?

Based on GuruFocus' analysis, MingYang Smart Energy Group stock appears to be undervalued. The current stock price of ¥10.95 is trading 34.9% below its estimated GF Value™ of ¥16.82. GuruFocus considers MingYang Smart Energy Group to be Possible Value Trap.

Key valuation signals for SHSE:601615:

  • Cyclically Adjusted PS Ratio: 0.93 (51% below median its 10-year median of 1.91)
  • GF Value™: ¥16.82 vs. price of ¥10.95 (34.9% below fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 48.3% below the Industrial Products median (#739 of 2283)

No single metric tells the full story. See the SHSE:601615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MingYang Smart Energy Group Business Description

Other Exchanges MYSE:UK
Address No. 22 Huoju Road, Mingyang Industrial Park, Zhongshan Torch High-tech Industrial Development Z, Zhongshan, Guangdong, CHN, 528400
MingYang Smart Energy Group Ltd is a wind turbine manufacturer that provides accessible green and smart energy and a full lifecycle renewable solutions provider. The Group's business is divided into segments namely High-end energy equipment manufacturing sector, wind turbine equipment manufacturing and sales, Operation and maintenance services and photovoltaic products manufacturing and sales; and Energy products and services sector includes construction, management, and operation of energy investment projects, power demand side management, energy efficiency management.
68GF Score

Get the complete analysis for SHSE:601615

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

¥10.95
Price
¥16.82
GF Value