Hainan Mining Co (SHSE:601969) Cyclically Adjusted PS Ratio: 4.92 (As of Aug. 12, 2026) — 13% Above Median

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SHSE:601969 Hainan Mining Co Ltd SHSE:601969
69 GF Score
Price ¥9.39
GF Value ¥7.22
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hainan Mining Co Cyclically Adjusted PS Ratio?

Hainan Mining Co SHSE:601969 +1.62% 69 Cyclically Adjusted PS Ratio is 4.92 as of Aug. 12, 2026, which is 13% above its 10-year median of 4.36. GuruFocus rates SHSE:601969 with a GF Score™ of 69/100 and a GF Value™ of ¥7.22 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 518 Steel companies, Hainan Mining Co ranks worse than 95.37% on this metric.

As of today (2026-08-12), Hainan Mining Co's current share price is ¥9.39. Hainan Mining Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.91. Hainan Mining Co's Cyclically Adjusted PS Ratio for today is 4.92.

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

SHSE:601969' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.23   Med: 4.36   Max: 7.33
Current: 4.81

During the past years, Hainan Mining Co's highest Cyclically Adjusted PS Ratio was 7.33. The lowest was 3.23. And the median was 4.36.

SHSE:601969's Cyclically Adjusted PS Ratio is ranked worse than
95.37% of 518 companies
in the Steel industry
Industry Median: 0.46 vs SHSE:601969: 4.81

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.

Hainan Mining Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.594. 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 ¥1.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hainan Mining Co  (SHSE:601969) 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.


Hainan Mining Co Cyclically Adjusted PS Ratio Related Terms


Hainan Mining Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hainan Mining 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.

Hainan Mining Co Cyclically Adjusted PS Ratio Chart

Hainan Mining 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 4.78 4.11 4.20 6.43

Hainan Mining 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 4.07 4.08 4.70 6.43 5.97

SHSE:601969 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Hainan Mining 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.


Hainan Mining Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Hainan Mining Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hainan Mining Co's Cyclically Adjusted PS Ratio falls into.


SHSE:601969
69GF Score
Hainan Mining Co Ltd SHSE:601969
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hainan Mining 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.

Hainan Mining Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.39/1.91
=4.92

* 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.

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

For example, Hainan Mining 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)
=0.594/116.3033*116.3033
=0.594

Current CPI (Mar. 2026) = 116.3033.

Hainan Mining Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.124 101.400 0.142
201609 0.137 102.400 0.156
201612 0.155 102.600 0.176
201703 0.253 103.200 0.285
201706 0.414 103.100 0.467
201709 0.395 104.100 0.441
201712 0.437 104.500 0.486
201803 0.259 105.300 0.286
201806 0.717 104.900 0.795
201809 0.299 106.600 0.326
201812 0.267 106.500 0.292
201903 0.466 107.700 0.503
201906 0.595 107.700 0.643
201909 0.360 109.800 0.381
201912 0.386 111.200 0.404
202003 0.323 112.300 0.335
202006 0.258 110.400 0.272
202009 0.326 111.700 0.339
202012 0.424 111.500 0.442
202103 0.394 112.662 0.407
202106 0.673 111.769 0.700
202109 0.583 112.215 0.604
202112 0.448 113.108 0.461
202203 0.574 114.335 0.584
202206 0.824 114.558 0.837
202209 0.522 115.339 0.526
202212 0.466 115.116 0.471
202303 0.606 115.116 0.612
202306 0.585 114.558 0.594
202309 0.660 115.339 0.666
202312 0.473 114.781 0.479
202403 0.538 115.227 0.543
202406 0.548 114.781 0.555
202409 0.539 115.785 0.541
202412 0.448 114.893 0.454
202503 0.593 115.116 0.599
202506 0.612 114.907 0.619
202509 0.511 115.471 0.515
202512 0.533 115.832 0.535
202603 0.594 116.303 0.594

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 4.92 mean?
Hainan Mining Co (SHSE:601969) has a Cyclically Adjusted PS Ratio of 4.92 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 Hainan Mining Co and its competitors. This is 13% above median its historical median of 4.36. Over the past decade, Hainan Mining Co's Cyclically Adjusted PS Ratio has ranged from 3.23 to 7.33. According to the industry distribution chart, Hainan Mining Co ranks #494 out of 518 companies in the Steel industry, placing it in the top 95.4%.
Is Hainan Mining Co's Cyclically Adjusted PS Ratio too high?
Hainan Mining Co's current Cyclically Adjusted PS Ratio of 4.92 is 13% above median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 3.23 to a high of 7.33. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Hainan Mining Co's value of 4.92 is 969.6% above this industry median. Based on the distribution chart, Hainan Mining Co ranks #494 out of 518 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Hainan Mining Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Mining Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Hainan Mining Co ranks #494 out of 518 companies for Cyclically Adjusted PS Ratio. This places Hainan Mining Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. Hainan Mining Co's value of 4.92 is 969.6% above this benchmark. Historically, Hainan Mining Co's own Cyclically Adjusted PS Ratio has ranged from 3.23 to 7.33 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 0.46, Hainan Mining 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 518 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. Hainan Mining Co's current Cyclically Adjusted PS Ratio of 4.92 is 969.6% 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 Hainan Mining Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Mining Co's current Cyclically Adjusted PS Ratio is 4.92, which is 13% above median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Mining Co (SHSE:601969) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.22, compared to a current price of ¥9.39 — trading 30.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.92, which is 13% above median its 10-year median of 4.36 and 969.6% above the Steel industry median of 0.46. Hainan Mining Co's overall GF Score™ is 69/100 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 Hainan Mining Co (SHSE:601969), the current Cyclically Adjusted PS Ratio is 4.92 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 Hainan Mining Co (SHSE:601969) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Mining Co stock appears to be overvalued. The current stock price of ¥9.39 is trading 30.1% above its estimated GF Value™ of ¥7.22. GuruFocus considers Hainan Mining Co to be Modestly Overvalued.

Key valuation signals for SHSE:601969:

  • Cyclically Adjusted PS Ratio: 4.92 (13% above median its 10-year median of 4.36)
  • GF Value™: ¥7.22 vs. price of ¥9.39 (30.1% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 969.6% above the Steel median (#494 of 518)

No single metric tells the full story. See the SHSE:601969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hainan Mining Co Business Description

Address Changjiang Li Autonomous County, Hainan Shilu, CHN
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.
69GF Score

Get the complete analysis for SHSE:601969

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

¥9.39
Price
¥7.22
GF Value