Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) Cyclically Adjusted PS Ratio: 0.14 (As of Aug. 06, 2026) — 18% Below Median

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SHSE:601686 Tianjin You Fa Steel Pipe Group Stock Co Ltd SHSE:601686
64 GF Score
Price ¥5.23
GF Value ¥5.55
Valuation Fairly Valued
! 5 Warning Signs
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What is Tianjin You Fa Steel Pipe Group Stock Co Cyclically Adjusted PS Ratio?

Tianjin You Fa Steel Pipe Group Stock Co SHSE:601686 +0.19% 64 Cyclically Adjusted PS Ratio is 0.14 as of Aug. 06, 2026, which is 18% below its 10-year median of 0.17. GuruFocus rates SHSE:601686 with a GF Score™ of 64/100 and a GF Value™ of ¥5.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 515 Steel companies, Tianjin You Fa Steel Pipe Group Stock Co ranks better than 86.41% on this metric.

As of today (2026-08-06), Tianjin You Fa Steel Pipe Group Stock Co's current share price is ¥5.23. Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ¥36.67. Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted PS Ratio for today is 0.14.

The historical rank and industry rank for Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601686' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.17   Max: 0.18
Current: 0.14

During the past 10 years, Tianjin You Fa Steel Pipe Group Stock Co's highest Cyclically Adjusted PS Ratio was 0.18. The lowest was 0.14. And the median was 0.17.

SHSE:601686's Cyclically Adjusted PS Ratio is ranked better than
86.41% of 515 companies
in the Steel industry
Industry Median: 0.45 vs SHSE:601686: 0.14

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.

Tianjin You Fa Steel Pipe Group Stock Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥35.034. 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 ¥36.67 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianjin You Fa Steel Pipe Group Stock Co  (SHSE:601686) 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.


Tianjin You Fa Steel Pipe Group Stock Co Cyclically Adjusted PS Ratio Related Terms


Tianjin You Fa Steel Pipe Group Stock Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tianjin You Fa Steel Pipe Group Stock 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.

Tianjin You Fa Steel Pipe Group Stock Co Cyclically Adjusted PS Ratio Chart

Tianjin You Fa Steel Pipe Group Stock 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 0.00 0.00 0.00 0.00 0.17

Tianjin You Fa Steel Pipe Group Stock 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 0.00 0.00 0.00 0.17 0.00

SHSE:601686 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Tianjin You Fa Steel Pipe Group Stock 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.


Tianjin You Fa Steel Pipe Group Stock Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted PS Ratio falls into.


SHSE:601686
64GF Score
Tianjin You Fa Steel Pipe Group Stock Co Ltd SHSE:601686
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin You Fa Steel Pipe Group Stock 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.

Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.23/36.67
=0.14

* 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.

Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tianjin You Fa Steel Pipe Group Stock Co's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=35.034/115.8323*115.8323
=35.034

Current CPI (Dec25) = 115.8323.

Tianjin You Fa Steel Pipe Group Stock Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 15.469 102.600 17.464
201712 24.808 104.500 27.498
201812 30.187 106.500 32.832
201912 35.194 111.200 36.660
202012 37.700 111.500 39.165
202112 46.818 113.108 47.946
202212 47.623 115.116 47.919
202312 42.759 114.781 43.151
202412 38.718 114.893 39.035
202512 35.034 115.832 35.034

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 0.14 mean?
Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) has a Cyclically Adjusted PS Ratio of 0.14 as of Aug. 06, 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 Tianjin You Fa Steel Pipe Group Stock Co and its competitors. This is 18% below median its historical median of 0.17. Over the past decade, Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.18. According to the industry distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #70 out of 515 companies in the Steel industry, placing it in the top 13.6%.
Is Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted PS Ratio too high?
Tianjin You Fa Steel Pipe Group Stock Co's current Cyclically Adjusted PS Ratio of 0.14 is 18% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.18. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Tianjin You Fa Steel Pipe Group Stock Co's value of 0.14 is 68.9% below this industry median. Based on the distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #70 out of 515 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tianjin You Fa Steel Pipe Group Stock Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin You Fa Steel Pipe Group Stock Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #70 out of 515 companies for Cyclically Adjusted PS Ratio. This places Tianjin You Fa Steel Pipe Group Stock Co in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.45. Tianjin You Fa Steel Pipe Group Stock Co's value of 0.14 is 68.9% below this benchmark. Historically, Tianjin You Fa Steel Pipe Group Stock Co's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.18 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.45, Tianjin You Fa Steel Pipe Group Stock 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 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. Tianjin You Fa Steel Pipe Group Stock Co's current Cyclically Adjusted PS Ratio of 0.14 is 68.9% 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 Tianjin You Fa Steel Pipe Group Stock 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. Tianjin You Fa Steel Pipe Group Stock Co's current Cyclically Adjusted PS Ratio is 0.14, which is 18% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin You Fa Steel Pipe Group Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.55, compared to a current price of ¥5.23 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.14, which is 18% below median its 10-year median of 0.17 and 68.9% below the Steel industry median of 0.45. Tianjin You Fa Steel Pipe Group Stock Co's overall GF Score™ is 64/100 with 5 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686), the current Cyclically Adjusted PS Ratio is 0.14 as of Aug. 06, 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co stock appears to be undervalued. The current stock price of ¥5.23 is trading 5.8% below its estimated GF Value™ of ¥5.55. GuruFocus considers Tianjin You Fa Steel Pipe Group Stock Co to be Fairly Valued.

Key valuation signals for SHSE:601686:

  • Cyclically Adjusted PS Ratio: 0.14 (18% below median its 10-year median of 0.17)
  • GF Value™: ¥5.55 vs. price of ¥5.23 (5.8% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 68.9% below the Steel median (#70 of 515)

No single metric tells the full story. See the SHSE:601686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin You Fa Steel Pipe Group Stock Co Business Description

Address Ten Billion Yuan Industrial Zone, Daqiuzhuang Town, Jinghai District, Tianjin, CHN, 301606
Tianjin You Fa Steel Pipe Group Stock Co Ltd formerly Tianjin Youfa Steel Pipe Group Co Ltd is primarily involved in the development, production and sales of welded steel pipes. It offers welded pipes, hot-dip galvanized steel pipes, steel-plastic composite pipes, stainless steel composite pipes, spiral steel pipes and others.
64GF Score

Get the complete analysis for SHSE:601686

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

¥5.23
Price
¥5.55
GF Value