Jiangsu Phoenix Publishing & Media (SHSE:601928) Cyclically Adjusted PS Ratio: 1.79 (As of Aug. 13, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601928 Jiangsu Phoenix Publishing & Media Corp Ltd SHSE:601928
66 GF Score
Price ¥9.16
GF Value ¥9.13
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Jiangsu Phoenix Publishing & Media Cyclically Adjusted PS Ratio?

Jiangsu Phoenix Publishing & Media SHSE:601928 66 Cyclically Adjusted PS Ratio is 1.79 as of Aug. 13, 2026, which is 4% below its 10-year median of 1.87. GuruFocus rates SHSE:601928 with a GF Score™ of 66/100 and a GF Value™ of ¥9.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 736 Media - Diversified companies, Jiangsu Phoenix Publishing & Media ranks worse than 72.96% on this metric.

As of today (2026-08-13), Jiangsu Phoenix Publishing & Media's current share price is ¥9.16. Jiangsu Phoenix Publishing & Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥5.13. Jiangsu Phoenix Publishing & Media's Cyclically Adjusted PS Ratio for today is 1.79.

The historical rank and industry rank for Jiangsu Phoenix Publishing & Media's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601928' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.87   Max: 3.21
Current: 1.79

During the past years, Jiangsu Phoenix Publishing & Media's highest Cyclically Adjusted PS Ratio was 3.21. The lowest was 1.37. And the median was 1.87.

SHSE:601928's Cyclically Adjusted PS Ratio is ranked worse than
72.96% of 736 companies
in the Media - Diversified industry
Industry Median: 0.79 vs SHSE:601928: 1.79

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.

Jiangsu Phoenix Publishing & Media's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.133. 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 ¥5.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Phoenix Publishing & Media  (SHSE:601928) 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.


Jiangsu Phoenix Publishing & Media Cyclically Adjusted PS Ratio Related Terms


Jiangsu Phoenix Publishing & Media Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Phoenix Publishing & Media'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.

Jiangsu Phoenix Publishing & Media Cyclically Adjusted PS Ratio Chart

Jiangsu Phoenix Publishing & Media 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 1.81 1.67 1.79 2.30 1.97

Jiangsu Phoenix Publishing & Media 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 2.16 2.20 2.06 1.97 1.91

SHSE:601928 vs NYT, WLY: Cyclically Adjusted PS Ratio Comparison

For the Publishing subindustry, Jiangsu Phoenix Publishing & Media'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.


Jiangsu Phoenix Publishing & Media Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jiangsu Phoenix Publishing & Media's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Phoenix Publishing & Media's Cyclically Adjusted PS Ratio falls into.


SHSE:601928
66GF Score
Jiangsu Phoenix Publishing & Media Corp Ltd SHSE:601928
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Phoenix Publishing & Media 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.

Jiangsu Phoenix Publishing & Media's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.16/5.13
=1.79

* 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.

Jiangsu Phoenix Publishing & Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jiangsu Phoenix Publishing & Media'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)
=1.133/116.3033*116.3033
=1.133

Current CPI (Mar. 2026) = 116.3033.

Jiangsu Phoenix Publishing & Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.107 101.400 1.270
201609 0.727 102.400 0.826
201612 1.456 102.600 1.650
201703 0.961 103.200 1.083
201706 1.133 103.100 1.278
201709 0.800 104.100 0.894
201712 1.448 104.500 1.612
201803 0.803 105.300 0.887
201806 1.309 104.900 1.451
201809 0.975 106.600 1.064
201812 1.545 106.500 1.687
201903 0.924 107.700 0.998
201906 1.507 107.700 1.627
201909 0.971 109.800 1.029
201912 1.543 111.200 1.614
202003 0.821 112.300 0.850
202006 1.312 110.400 1.382
202009 1.018 111.700 1.060
202012 1.617 111.500 1.687
202103 1.047 112.662 1.081
202106 1.384 111.769 1.440
202109 1.041 112.215 1.079
202112 1.446 113.108 1.487
202203 1.256 114.335 1.278
202206 1.519 114.558 1.542
202209 1.009 115.339 1.017
202212 1.559 115.116 1.575
202303 1.272 115.116 1.285
202306 1.549 114.558 1.573
202309 0.972 115.339 0.980
202312 1.569 114.781 1.590
202403 1.314 115.227 1.326
202406 1.530 114.781 1.550
202409 0.913 115.785 0.917
202412 1.595 114.893 1.615
202503 1.267 115.116 1.280
202506 1.527 114.907 1.546
202509 0.804 115.471 0.810
202512 1.261 115.832 1.266
202603 1.133 116.303 1.133

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 1.79 mean?
Jiangsu Phoenix Publishing & Media (SHSE:601928) has a Cyclically Adjusted PS Ratio of 1.79 as of Aug. 13, 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 Jiangsu Phoenix Publishing & Media and its competitors. This is near median its historical median of 1.87. Over the past decade, Jiangsu Phoenix Publishing & Media's Cyclically Adjusted PS Ratio has ranged from 1.37 to 3.21. According to the industry distribution chart, Jiangsu Phoenix Publishing & Media ranks #537 out of 736 companies in the Media - Diversified industry, placing it in the top 73%.
Is Jiangsu Phoenix Publishing & Media's Cyclically Adjusted PS Ratio too high?
Jiangsu Phoenix Publishing & Media's current Cyclically Adjusted PS Ratio of 1.79 is near median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 3.21. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.79. Jiangsu Phoenix Publishing & Media's value of 1.79 is 126.6% above this industry median. Based on the distribution chart, Jiangsu Phoenix Publishing & Media ranks #537 out of 736 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Jiangsu Phoenix Publishing & Media has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Phoenix Publishing & Media's Cyclically Adjusted PS Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Jiangsu Phoenix Publishing & Media ranks #537 out of 736 companies for Cyclically Adjusted PS Ratio. This places Jiangsu Phoenix Publishing & Media in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Jiangsu Phoenix Publishing & Media's value of 1.79 is 126.6% above this benchmark. Historically, Jiangsu Phoenix Publishing & Media's own Cyclically Adjusted PS Ratio has ranged from 1.37 to 3.21 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 0.79, Jiangsu Phoenix Publishing & Media 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.79, based on 736 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. Jiangsu Phoenix Publishing & Media's current Cyclically Adjusted PS Ratio of 1.79 is 126.6% 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 Jiangsu Phoenix Publishing & Media and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Phoenix Publishing & Media's current Cyclically Adjusted PS Ratio is 1.79, which is near median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Phoenix Publishing & Media stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Phoenix Publishing & Media (SHSE:601928) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.13, compared to a current price of ¥9.16 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.79, which is near median its 10-year median of 1.87 and 126.6% above the Media - Diversified industry median of 0.79. Jiangsu Phoenix Publishing & Media's overall GF Score™ is 66/100 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 Jiangsu Phoenix Publishing & Media (SHSE:601928), the current Cyclically Adjusted PS Ratio is 1.79 as of Aug. 13, 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 Jiangsu Phoenix Publishing & Media (SHSE:601928) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Phoenix Publishing & Media stock appears to be overvalued. The current stock price of ¥9.16 is trading 0.3% above its estimated GF Value™ of ¥9.13. GuruFocus considers Jiangsu Phoenix Publishing & Media to be Fairly Valued.

Key valuation signals for SHSE:601928:

  • Cyclically Adjusted PS Ratio: 1.79 (near median its 10-year median of 1.87)
  • GF Value™: ¥9.13 vs. price of ¥9.16 (0.3% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 126.6% above the Media - Diversified median (#537 of 736)

No single metric tells the full story. See the SHSE:601928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Phoenix Publishing & Media Business Description

Address No. 1, Hunan Road, Tower B, Phoenix Plaza, Nanjing, CHN, 210009
Jiangsu Phoenix Publishing & Media Corp Ltd is a China-based publishing company. The company operates four segments. The Publishing segment covers the publishing and distribution of textbooks, teaching aids, general books, audio-visual products, and vocational education software. The Issuing Division handles the wholesale and retail of teaching materials, teaching aids, general books, audio-visual products, and cultural supplies. The Other segment includes new media businesses such as software development, film and television production, digital asset management, cloud services, and investment management. The Headquarters segment oversees distribution management, procurement, settlement, group publication distribution, textbook bidding, and publishing business management.
66GF Score

Get the complete analysis for SHSE:601928

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

¥9.16
Price
¥9.13
GF Value