Zhejiang AoKang Shoes Co (SHSE:603001) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:603001 Zhejiang AoKang Shoes Co Ltd SHSE:603001
48 GF Score
Price ¥11.47
GF Value ¥3.35
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Zhejiang AoKang Shoes Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang AoKang Shoes Co  (SHSE:603001) 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.


Zhejiang AoKang Shoes Co Cyclically Adjusted PS Ratio Related Terms


Zhejiang AoKang Shoes Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang AoKang Shoes 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.

Zhejiang AoKang Shoes Co Cyclically Adjusted PS Ratio Chart

Zhejiang AoKang Shoes 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 1.12 0.79 0.72 0.90 1.19

Zhejiang AoKang Shoes Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.88 1.16 1.18 1.21 1.93

SHSE:603001 vs NKE, DECK, ONON: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, Zhejiang AoKang Shoes 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.


Zhejiang AoKang Shoes Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang AoKang Shoes Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang AoKang Shoes Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603001
48GF Score
Zhejiang AoKang Shoes Co Ltd SHSE:603001
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang AoKang Shoes 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.

Zhejiang AoKang Shoes Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhejiang AoKang Shoes Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.852/116.0564*116.0564
=0.852

Current CPI (Jun. 2026) = 116.0564.

Zhejiang AoKang Shoes Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.710 102.400 1.938
201612 2.399 102.600 2.714
201703 2.199 103.200 2.473
201706 1.777 103.100 2.000
201709 1.692 104.100 1.886
201712 2.440 104.500 2.710
201803 2.165 105.300 2.386
201806 1.757 104.900 1.944
201809 1.518 106.600 1.653
201812 2.184 106.500 2.380
201903 1.853 107.700 1.997
201906 1.507 107.700 1.624
201909 1.692 109.800 1.788
201912 1.969 111.200 2.055
202003 1.147 112.300 1.185
202006 1.461 110.400 1.536
202009 1.479 111.700 1.537
202012 3.065 111.500 3.190
202103 2.204 112.662 2.270
202106 1.756 111.769 1.823
202109 1.571 112.215 1.625
202112 2.038 113.108 2.091
202203 2.006 114.335 2.036
202206 1.822 114.558 1.846
202209 1.675 115.339 1.685
202212 1.666 115.116 1.680
202303 2.328 115.116 2.347
202306 1.927 114.558 1.952
202309 1.715 115.339 1.726
202312 1.899 114.781 1.920
202403 1.883 115.227 1.897
202406 1.535 114.781 1.552
202409 1.280 115.785 1.283
202412 1.623 114.893 1.639
202503 1.462 115.116 1.474
202506 1.224 114.907 1.236
202509 0.994 115.471 0.999
202512 1.108 115.832 1.110
202603 1.064 116.303 1.062
202606 0.852 116.056 0.852

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.

Is Zhejiang AoKang Shoes Co (SHSE:603001) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang AoKang Shoes Co stock appears to be overvalued. The current stock price of ¥11.47 is trading 242.4% above its estimated GF Value™ of ¥3.35. GuruFocus considers Zhejiang AoKang Shoes Co to be Significantly Overvalued.

Key valuation signals for SHSE:603001:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ¥3.35 vs. price of ¥11.47 (242.4% above fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang AoKang Shoes Co Business Description

Address Aokang Industrial Park, Oubei Town, Yongjia County, Zhejiang Province, Zhejiang, CHN, 325105
Zhejiang AoKang Shoes Co Ltd manufactures and sells leather shoes and leather products. Its main products include business shoes, casual shoes and other shoes, luggages, wallets, and other leather products.
48GF Score

Get the complete analysis for SHSE:603001

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

¥11.47
Price
¥3.35
GF Value