China Communications Construction Co (SHSE:601800) Cyclically Adjusted PS Ratio: 0.08 (As of Aug. 15, 2026) — 33% Below Median

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SHSE:601800 China Communications Construction Co Ltd SHSE:601800
55 GF Score
Price ¥5.93
GF Value ¥8.22
Valuation Modestly Undervalued
! 11 Warning Signs
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What is China Communications Construction Co Cyclically Adjusted PS Ratio?

China Communications Construction Co SHSE:601800 -0.67% 55 Cyclically Adjusted PS Ratio is 0.08 as of Aug. 15, 2026, which is 33% below its 10-year median of 0.12. GuruFocus rates SHSE:601800 with a GF Score™ of 55/100 and a GF Value™ of ¥8.22 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,377 Construction companies, China Communications Construction Co ranks better than 94.7% on this metric.

As of today (2026-08-15), China Communications Construction Co's current share price is ¥5.93. China Communications Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was ¥73.19. China Communications Construction Co's Cyclically Adjusted PS Ratio for today is 0.08.

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

SHSE:601800' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.12   Max: 0.4
Current: 0.08

During the past years, China Communications Construction Co's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.08. And the median was 0.12.

SHSE:601800's Cyclically Adjusted PS Ratio is ranked better than
94.7% of 1377 companies
in the Construction industry
Industry Median: 0.7 vs SHSE:601800: 0.08

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.

China Communications Construction Co's adjusted revenue per share data for the three months ended in Dec. 2025 was ¥13.147. 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 ¥73.19 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Communications Construction Co  (SHSE:601800) 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 Communications Construction Co Cyclically Adjusted PS Ratio Related Terms


China Communications Construction Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Communications Construction 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.

China Communications Construction Co Cyclically Adjusted PS Ratio Chart

China Communications Construction 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 0.11 0.09 0.08 0.00 0.11

China Communications Construction Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.11 0.12 0.12 0.11

SHSE:601800 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, China Communications Construction 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.


China Communications Construction Co Cyclically Adjusted PS Ratio vs Construction Industry

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

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


SHSE:601800
55GF Score
China Communications Construction Co Ltd SHSE:601800
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Communications Construction 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.93/73.19
=0.08

* 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 Communications Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, China Communications Construction Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=13.147/115.8323*115.8323
=13.147

Current CPI (Dec. 2025) = 115.8323.

China Communications Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 7.882 100.600 9.075
201603 5.014 102.200 5.683
201606 4.921 101.400 5.621
201609 6.086 102.400 6.884
201612 7.117 102.600 8.035
201703 5.003 103.200 5.615
201706 5.306 103.100 5.961
201709 7.272 104.100 8.092
201712 9.445 104.500 10.469
201803 5.702 105.300 6.272
201806 5.762 104.900 6.362
201809 7.436 106.600 8.080
201812 12.750 106.500 13.867
201903 6.243 107.700 6.714
201906 8.590 107.700 9.239
201909 8.172 109.800 8.621
201912 14.975 111.200 15.599
202003 5.320 112.300 5.487
202006 10.416 110.400 10.929
202009 9.897 111.700 10.263
202012 13.285 111.500 13.801
202103 8.780 112.662 9.027
202106 12.463 111.769 12.916
202109 8.907 112.215 9.194
202112 13.367 113.108 13.689
202203 9.798 114.335 9.926
202206 12.917 114.558 13.061
202209 9.014 115.339 9.053
202212 14.216 115.116 14.305
202303 10.123 115.116 10.186
202306 12.679 114.558 12.820
202309 9.344 115.339 9.384
202312 16.230 114.781 16.379
202403 10.371 115.227 10.425
202406 11.726 114.781 11.833
202412 0.000 114.893 0.000
202503 9.052 115.116 9.108
202506 11.163 114.907 11.253
202509 10.331 115.471 10.363
202512 13.147 115.832 13.147

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 0.08 mean?
China Communications Construction Co (SHSE:601800) has a Cyclically Adjusted PS Ratio of 0.08 as of Aug. 15, 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 Communications Construction Co and its competitors. This is 33% below median its historical median of 0.12. Over the past decade, China Communications Construction Co's Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.40. According to the industry distribution chart, China Communications Construction Co ranks #73 out of 1377 companies in the Construction industry, placing it in the top 5.3%.
Is China Communications Construction Co's Cyclically Adjusted PS Ratio too high?
China Communications Construction Co's current Cyclically Adjusted PS Ratio of 0.08 is 33% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.40. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. China Communications Construction Co's value of 0.08 is 88.6% below this industry median. Based on the distribution chart, China Communications Construction Co ranks #73 out of 1377 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, China Communications Construction Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Communications Construction Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, China Communications Construction Co ranks #73 out of 1377 companies for Cyclically Adjusted PS Ratio. This places China Communications Construction Co in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. China Communications Construction Co's value of 0.08 is 88.6% below this benchmark. Historically, China Communications Construction Co's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.40 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.70, China Communications Construction 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,377 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 Communications Construction Co's current Cyclically Adjusted PS Ratio of 0.08 is 88.6% 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 Communications Construction Co 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 Communications Construction Co's current Cyclically Adjusted PS Ratio is 0.08, which is 33% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Communications Construction Co stock overvalued right now?
Based on GuruFocus' analysis, China Communications Construction Co (SHSE:601800) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.22, compared to a current price of ¥5.93 — trading 27.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.08, which is 33% below median its 10-year median of 0.12 and 88.6% below the Construction industry median of 0.70. China Communications Construction Co's overall GF Score™ is 55/100 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 China Communications Construction Co (SHSE:601800), the current Cyclically Adjusted PS Ratio is 0.08 as of Aug. 15, 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 Communications Construction Co (SHSE:601800) Overvalued in 2026?

Based on GuruFocus' analysis, China Communications Construction Co stock appears to be undervalued. The current stock price of ¥5.93 is trading 27.9% below its estimated GF Value™ of ¥8.22. GuruFocus considers China Communications Construction Co to be Modestly Undervalued.

Key valuation signals for SHSE:601800:

  • Cyclically Adjusted PS Ratio: 0.08 (33% below median its 10-year median of 0.12)
  • GF Value™: ¥8.22 vs. price of ¥5.93 (27.9% below fair value)
  • GF Score™: 55/100 with 11 warning signs
  • Industry Position: 88.6% below the Construction median (#73 of 1377)

No single metric tells the full story. See the SHSE:601800 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Communications Construction Co Business Description

Other Exchanges 01800:Hong Kong
Address 85 De Sheng Men Wai Street, Xicheng District, Beijing, CHN, 100088
China Communications Construction Co Ltd and its subsidiaries are principally engaged in infrastructure construction, infrastructure design and dredging businesses. The company's operating segment includes Construction, Design, Dredging and others. It generates maximum revenue from the Construction segment. The Construction segment includes infrastructure construction of ports, roads, bridges and railways, municipal and environmental engineering, and others. Geographically, it generates the maximum revenue from the Chinese mainland, and it also has a presence in other regions, including Australia, Hong Kong, and countries in Africa, Middle East and Southeast Asia.
55GF Score

Get the complete analysis for SHSE:601800

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

¥5.93
Price
¥8.22
GF Value