BOC International China Co (SHSE:601696) Cyclically Adjusted PS Ratio: 9.85 (As of Aug. 22, 2026) — Near Median

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SHSE:601696 BOC International China Co Ltd SHSE:601696
66 GF Score
Price ¥11.62
GF Value ¥13.71
Valuation Modestly Undervalued
! 2 Warning Signs
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What is BOC International China Co Cyclically Adjusted PS Ratio?

BOC International China Co SHSE:601696 -0.17% 66 Cyclically Adjusted PS Ratio is 9.85 as of Aug. 22, 2026, which is 3% above its 10-year median of 9.56. GuruFocus rates SHSE:601696 with a GF Score™ of 66/100 and a GF Value™ of ¥13.71 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 585 Capital Markets companies, BOC International China Co ranks worse than 80.51% on this metric.

As of today (2026-08-22), BOC International China Co's current share price is ¥11.62. BOC International China Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.18. BOC International China Co's Cyclically Adjusted PS Ratio for today is 9.85.

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

SHSE:601696' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.57   Med: 9.56   Max: 15.95
Current: 10.08

During the past years, BOC International China Co's highest Cyclically Adjusted PS Ratio was 15.95. The lowest was 7.57. And the median was 9.56.

SHSE:601696's Cyclically Adjusted PS Ratio is ranked worse than
80.51% of 585 companies
in the Capital Markets industry
Industry Median: 3.55 vs SHSE:601696: 10.08

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.

BOC International China Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.331. 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 ¥1.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BOC International China Co  (SHSE:601696) 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.


BOC International China Co Cyclically Adjusted PS Ratio Related Terms


BOC International China Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BOC International China 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.

BOC International China Co Cyclically Adjusted PS Ratio Chart

BOC International China 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 8.84 9.71 12.82

BOC International China 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 9.09 9.35 12.40 12.82 10.36

SHSE:601696 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, BOC International China 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.


BOC International China Co Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BOC International China Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where BOC International China Co's Cyclically Adjusted PS Ratio falls into.


SHSE:601696
66GF Score
BOC International China Co Ltd SHSE:601696
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOC International China 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.

BOC International China Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.62/1.18
=9.85

* 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.

BOC International China Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, BOC International China 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)
=0.331/116.3033*116.3033
=0.331

Current CPI (Mar. 2026) = 116.3033.

BOC International China Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201703 0.276 103.200 0.311
201706 0.266 103.100 0.300
201712 0.000 104.500 0.000
201806 0.000 104.900 0.000
201809 0.306 106.600 0.334
201812 0.243 106.500 0.265
201903 0.322 107.700 0.348
201906 0.293 107.700 0.316
201909 0.239 109.800 0.253
201912 0.313 111.200 0.327
202003 0.304 112.300 0.315
202006 0.306 110.400 0.322
202009 0.342 111.700 0.356
202012 0.225 111.500 0.235
202103 0.250 112.662 0.258
202106 0.328 111.769 0.341
202109 0.375 112.215 0.389
202112 0.264 113.108 0.271
202203 0.262 114.335 0.267
202206 0.268 114.558 0.272
202209 0.294 115.339 0.296
202212 0.240 115.116 0.242
202303 0.244 115.116 0.247
202306 0.324 114.558 0.329
202309 0.221 115.339 0.223
202312 0.256 114.781 0.259
202403 0.213 115.227 0.215
202406 0.228 114.781 0.231
202409 0.260 115.785 0.261
202412 0.354 114.893 0.358
202503 0.268 115.116 0.271
202506 0.265 114.907 0.268
202509 0.357 115.471 0.360
202512 0.348 115.832 0.349
202603 0.331 116.303 0.331

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 9.85 mean?
BOC International China Co (SHSE:601696) has a Cyclically Adjusted PS Ratio of 9.85 as of Aug. 22, 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 BOC International China Co and its competitors. This is near median its historical median of 9.56. Over the past decade, BOC International China Co's Cyclically Adjusted PS Ratio has ranged from 7.57 to 15.95. According to the industry distribution chart, BOC International China Co ranks #471 out of 585 companies in the Capital Markets industry, placing it in the top 80.5%.
Is BOC International China Co's Cyclically Adjusted PS Ratio too high?
BOC International China Co's current Cyclically Adjusted PS Ratio of 9.85 is near median its 10-year median of 9.56. Over the past 10 years, this metric has ranged from a low of 7.57 to a high of 15.95. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.55. BOC International China Co's value of 9.85 is 177.5% above this industry median. Based on the distribution chart, BOC International China Co ranks #471 out of 585 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, BOC International China Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BOC International China Co's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, BOC International China Co ranks #471 out of 585 companies for Cyclically Adjusted PS Ratio. This places BOC International China Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.55. BOC International China Co's value of 9.85 is 177.5% above this benchmark. Historically, BOC International China Co's own Cyclically Adjusted PS Ratio has ranged from 7.57 to 15.95 over the past decade. While the company's 10-year median is 9.56 vs. the industry median of 3.55, BOC International China 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.55, based on 585 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. BOC International China Co's current Cyclically Adjusted PS Ratio of 9.85 is 177.5% 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 BOC International China Co and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC International China Co's current Cyclically Adjusted PS Ratio is 9.85, which is near median its own 10-year median of 9.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC International China Co stock overvalued right now?
Based on GuruFocus' analysis, BOC International China Co (SHSE:601696) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.71, compared to a current price of ¥11.62 — trading 15.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.85, which is near median its 10-year median of 9.56 and 177.5% above the Capital Markets industry median of 3.55. BOC International China Co's overall GF Score™ is 66/100 with 2 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 BOC International China Co (SHSE:601696), the current Cyclically Adjusted PS Ratio is 9.85 as of Aug. 22, 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 BOC International China Co (SHSE:601696) Overvalued in 2026?

Based on GuruFocus' analysis, BOC International China Co stock appears to be undervalued. The current stock price of ¥11.62 is trading 15.2% below its estimated GF Value™ of ¥13.71. GuruFocus considers BOC International China Co to be Modestly Undervalued.

Key valuation signals for SHSE:601696:

  • Cyclically Adjusted PS Ratio: 9.85 (near median its 10-year median of 9.56)
  • GF Value™: ¥13.71 vs. price of ¥11.62 (15.2% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 177.5% above the Capital Markets median (#471 of 585)

No single metric tells the full story. See the SHSE:601696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BOC International China Co Business Description

Address 200 Yincheng Middle Road, 7th Floor, Bank of China Tower, Pudong New District, Shanghai, CHN, 200120
BOC International China Co Ltd is engaged in Investment banking business, securities brokerage business, asset management business, securities proprietary business, private equity investment business, futures business, and other businesses. It generates the majority of its revenue from the Securities brokerage business.
66GF Score

Get the complete analysis for SHSE:601696

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

¥11.62
Price
¥13.71
GF Value