Changshu Fengfan Power Equipment Co (SHSE:601700) Cyclically Adjusted PS Ratio: 2.93 (As of Aug. 12, 2026) — 55% Above Median

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SHSE:601700 Changshu Fengfan Power Equipment Co Ltd SHSE:601700
60 GF Score
Price ¥7.59
GF Value ¥5.47
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Changshu Fengfan Power Equipment Co Cyclically Adjusted PS Ratio?

Changshu Fengfan Power Equipment Co SHSE:601700 +10.00% 60 Cyclically Adjusted PS Ratio is 2.93 as of Aug. 12, 2026, which is 55% above its 10-year median of 1.89. GuruFocus rates SHSE:601700 with a GF Score™ of 60/100 and a GF Value™ of ¥5.47 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,291 Industrial Products companies, Changshu Fengfan Power Equipment Co ranks worse than 60.02% on this metric.

As of today (2026-08-12), Changshu Fengfan Power Equipment Co's current share price is ¥7.59. Changshu Fengfan Power Equipment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥2.59. Changshu Fengfan Power Equipment Co's Cyclically Adjusted PS Ratio for today is 2.93.

The historical rank and industry rank for Changshu Fengfan Power Equipment Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601700' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.89   Max: 3.65
Current: 2.48

During the past years, Changshu Fengfan Power Equipment Co's highest Cyclically Adjusted PS Ratio was 3.65. The lowest was 1.35. And the median was 1.89.

SHSE:601700's Cyclically Adjusted PS Ratio is ranked worse than
60.02% of 2291 companies
in the Industrial Products industry
Industry Median: 1.81 vs SHSE:601700: 2.48

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.

Changshu Fengfan Power Equipment Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.750. 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 ¥2.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changshu Fengfan Power Equipment Co  (SHSE:601700) 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.


Changshu Fengfan Power Equipment Co Cyclically Adjusted PS Ratio Related Terms


Changshu Fengfan Power Equipment Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Changshu Fengfan Power Equipment 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.

Changshu Fengfan Power Equipment Co Cyclically Adjusted PS Ratio Chart

Changshu Fengfan Power Equipment 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 2.28 1.92 1.84 1.75 2.20

Changshu Fengfan Power Equipment 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 1.78 1.81 1.76 2.20 2.04

SHSE:601700 vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Changshu Fengfan Power Equipment 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.


Changshu Fengfan Power Equipment Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changshu Fengfan Power Equipment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Changshu Fengfan Power Equipment Co's Cyclically Adjusted PS Ratio falls into.


SHSE:601700
60GF Score
Changshu Fengfan Power Equipment Co Ltd SHSE:601700
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Changshu Fengfan Power Equipment 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.

Changshu Fengfan Power Equipment Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.59/2.59
=2.93

* 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.

Changshu Fengfan Power Equipment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Changshu Fengfan Power Equipment 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)
=0.75/116.3033*116.3033
=0.750

Current CPI (Mar. 2026) = 116.3033.

Changshu Fengfan Power Equipment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.728 101.400 0.835
201609 0.657 102.400 0.746
201612 0.243 102.600 0.275
201703 0.439 103.200 0.495
201706 0.623 103.100 0.703
201709 0.507 104.100 0.566
201712 0.375 104.500 0.417
201803 0.531 105.300 0.586
201806 0.606 104.900 0.672
201809 0.750 106.600 0.818
201812 0.163 106.500 0.178
201903 0.436 107.700 0.471
201906 0.644 107.700 0.695
201909 0.715 109.800 0.757
201912 0.851 111.200 0.890
202003 0.537 112.300 0.556
202006 0.629 110.400 0.663
202009 0.378 111.700 0.394
202012 0.704 111.500 0.734
202103 0.310 112.662 0.320
202106 0.818 111.769 0.851
202109 0.782 112.215 0.810
202112 0.780 113.108 0.802
202203 0.642 114.335 0.653
202206 0.515 114.558 0.523
202209 0.601 115.339 0.606
202212 0.642 115.116 0.649
202303 0.440 115.116 0.445
202306 0.574 114.558 0.583
202309 0.941 115.339 0.949
202312 1.031 114.781 1.045
202403 0.864 115.227 0.872
202406 0.756 114.781 0.766
202409 0.628 115.785 0.631
202412 0.579 114.893 0.586
202503 0.498 115.116 0.503
202506 0.685 114.907 0.693
202509 0.620 115.471 0.624
202512 0.804 115.832 0.807
202603 0.750 116.303 0.750

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 2.93 mean?
Changshu Fengfan Power Equipment Co (SHSE:601700) has a Cyclically Adjusted PS Ratio of 2.93 as of Aug. 12, 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 Changshu Fengfan Power Equipment Co and its competitors. This is 55% above median its historical median of 1.89. Over the past decade, Changshu Fengfan Power Equipment Co's Cyclically Adjusted PS Ratio has ranged from 1.35 to 3.65. According to the industry distribution chart, Changshu Fengfan Power Equipment Co ranks #1375 out of 2291 companies in the Industrial Products industry, placing it in the top 60%.
Is Changshu Fengfan Power Equipment Co's Cyclically Adjusted PS Ratio too high?
Changshu Fengfan Power Equipment Co's current Cyclically Adjusted PS Ratio of 2.93 is 55% above median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 3.65. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Changshu Fengfan Power Equipment Co's value of 2.93 is 61.9% above this industry median. Based on the distribution chart, Changshu Fengfan Power Equipment Co ranks #1375 out of 2291 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Changshu Fengfan Power Equipment Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Fengfan Power Equipment Co's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Changshu Fengfan Power Equipment Co ranks #1375 out of 2291 companies for Cyclically Adjusted PS Ratio. This places Changshu Fengfan Power Equipment Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Changshu Fengfan Power Equipment Co's value of 2.93 is 61.9% above this benchmark. Historically, Changshu Fengfan Power Equipment Co's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 3.65 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.81, Changshu Fengfan Power Equipment 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,291 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. Changshu Fengfan Power Equipment Co's current Cyclically Adjusted PS Ratio of 2.93 is 61.9% 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 Changshu Fengfan Power Equipment Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changshu Fengfan Power Equipment Co's current Cyclically Adjusted PS Ratio is 2.93, which is 55% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Fengfan Power Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co (SHSE:601700) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.47, compared to a current price of ¥7.59 — trading 38.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.93, which is 55% above median its 10-year median of 1.89 and 61.9% above the Industrial Products industry median of 1.81. Changshu Fengfan Power Equipment Co's overall GF Score™ is 60/100 with 11 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 Changshu Fengfan Power Equipment Co (SHSE:601700), the current Cyclically Adjusted PS Ratio is 2.93 as of Aug. 12, 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 Changshu Fengfan Power Equipment Co (SHSE:601700) Overvalued in 2026?

Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co stock appears to be overvalued. The current stock price of ¥7.59 is trading 38.8% above its estimated GF Value™ of ¥5.47. GuruFocus considers Changshu Fengfan Power Equipment Co to be Significantly Overvalued.

Key valuation signals for SHSE:601700:

  • Cyclically Adjusted PS Ratio: 2.93 (55% above median its 10-year median of 1.89)
  • GF Value™: ¥5.47 vs. price of ¥7.59 (38.8% above fair value)
  • GF Score™: 60/100 with 11 warning signs
  • Industry Position: 61.9% above the Industrial Products median (#1375 of 2291)

No single metric tells the full story. See the SHSE:601700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changshu Fengfan Power Equipment Co Business Description

Address Number 8, South Renmin Road, West Industrial Park, Shanghu, Changshu, CHN, 215554
Changshu Fengfan Power Equipment Co Ltd manufactures and supplies galvanized steel towers in China. It offers transmission towers, including angle steel, spanning, and steel tube towers, as well as independent poles; substation frameworks; communication towers; crane and wind power bases; and lamp poles, tin trunks, scaffolds, and sledges. The company provides its products for high-pressure or ultra-high-pressure power transmission lines, steel tube towers, steel tube poles, transformer substation frameworks, and other steel-supporting structures.
60GF Score

Get the complete analysis for SHSE:601700

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

¥7.59
Price
¥5.47
GF Value