Hangzhou XZB Tech Co (SHSE:603040) Cyclically Adjusted PS Ratio: 18.63 (As of Aug. 30, 2026) — 53% Above Median

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SHSE:603040 Hangzhou XZB Tech Co Ltd SHSE:603040
85 GF Score
Price ¥50.11
GF Value ¥24.45
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hangzhou XZB Tech Co Cyclically Adjusted PS Ratio?

Hangzhou XZB Tech Co SHSE:603040 -4.46% 85 Cyclically Adjusted PS Ratio is 18.63 as of Aug. 30, 2026, which is 53% above its 10-year median of 12.19. GuruFocus rates SHSE:603040 with a GF Score™ of 85/100 and a GF Value™ of ¥24.45 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,038 Vehicles & Parts companies, Hangzhou XZB Tech Co ranks worse than 99.61% on this metric.

As of today (2026-08-30), Hangzhou XZB Tech Co's current share price is ¥50.11. Hangzhou XZB Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥2.69. Hangzhou XZB Tech Co's Cyclically Adjusted PS Ratio for today is 18.63.

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

SHSE:603040' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.6   Med: 12.19   Max: 41.46
Current: 18.64

During the past years, Hangzhou XZB Tech Co's highest Cyclically Adjusted PS Ratio was 41.46. The lowest was 5.60. And the median was 12.19.

SHSE:603040's Cyclically Adjusted PS Ratio is ranked worse than
99.61% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs SHSE:603040: 18.64

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.

Hangzhou XZB Tech Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥1.077. 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 ¥2.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hangzhou XZB Tech Co  (SHSE:603040) 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.


Hangzhou XZB Tech Co Cyclically Adjusted PS Ratio Related Terms


Hangzhou XZB Tech Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hangzhou XZB Tech 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.

Hangzhou XZB Tech Co Cyclically Adjusted PS Ratio Chart

Hangzhou XZB Tech 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 0.00 0.00 7.13 25.20

Hangzhou XZB Tech 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 11.89 23.84 25.20 20.95 23.46

SHSE:603040 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Hangzhou XZB Tech 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.


Hangzhou XZB Tech Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hangzhou XZB Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou XZB Tech Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603040
85GF Score
Hangzhou XZB Tech Co Ltd SHSE:603040
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou XZB Tech 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.

Hangzhou XZB Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.11/2.69
=18.63

* 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.

Hangzhou XZB Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hangzhou XZB Tech 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)
=1.077/116.0564*116.0564
=1.077

Current CPI (Jun. 2026) = 116.0564.

Hangzhou XZB Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.268 102.400 0.304
201612 0.401 102.600 0.454
201703 0.225 103.200 0.253
201706 0.604 103.100 0.680
201709 0.420 104.100 0.468
201712 0.551 104.500 0.612
201803 0.467 105.300 0.515
201806 0.320 104.900 0.354
201809 0.391 106.600 0.426
201812 0.422 106.500 0.460
201903 0.410 107.700 0.442
201906 0.506 107.700 0.545
201909 0.567 109.800 0.599
201912 0.649 111.200 0.677
202003 0.422 112.300 0.436
202006 0.565 110.400 0.594
202009 0.551 111.700 0.572
202012 0.637 111.500 0.663
202103 0.528 112.662 0.544
202106 0.565 111.769 0.587
202109 0.541 112.215 0.560
202112 0.614 113.108 0.630
202203 0.491 114.335 0.498
202206 0.548 114.558 0.555
202209 0.788 115.339 0.793
202212 0.906 115.116 0.913
202303 0.682 115.116 0.688
202306 0.701 114.558 0.710
202309 0.754 115.339 0.759
202312 0.854 114.781 0.863
202403 0.725 115.227 0.730
202406 0.940 114.781 0.950
202409 0.875 115.785 0.877
202412 0.940 114.893 0.950
202503 0.924 115.116 0.932
202506 1.025 114.907 1.035
202509 1.082 115.471 1.087
202512 1.066 115.832 1.068
202603 1.026 116.303 1.024
202606 1.077 116.056 1.077

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 18.63 mean?
Hangzhou XZB Tech Co (SHSE:603040) has a Cyclically Adjusted PS Ratio of 18.63 as of Aug. 30, 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 Hangzhou XZB Tech Co and its competitors. This is 53% above median its historical median of 12.19. Over the past decade, Hangzhou XZB Tech Co's Cyclically Adjusted PS Ratio has ranged from 5.60 to 41.46. According to the industry distribution chart, Hangzhou XZB Tech Co ranks #1034 out of 1038 companies in the Vehicles & Parts industry, placing it in the top 99.6%.
Is Hangzhou XZB Tech Co's Cyclically Adjusted PS Ratio too high?
Hangzhou XZB Tech Co's current Cyclically Adjusted PS Ratio of 18.63 is 53% above median its 10-year median of 12.19. Over the past 10 years, this metric has ranged from a low of 5.60 to a high of 41.46. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Hangzhou XZB Tech Co's value of 18.63 is 2487.5% above this industry median. Based on the distribution chart, Hangzhou XZB Tech Co ranks #1034 out of 1038 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hangzhou XZB Tech Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou XZB Tech Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hangzhou XZB Tech Co ranks #1034 out of 1038 companies for Cyclically Adjusted PS Ratio. This places Hangzhou XZB Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Hangzhou XZB Tech Co's value of 18.63 is 2487.5% above this benchmark. Historically, Hangzhou XZB Tech Co's own Cyclically Adjusted PS Ratio has ranged from 5.60 to 41.46 over the past decade. While the company's 10-year median is 12.19 vs. the industry median of 0.72, Hangzhou XZB Tech 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,038 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. Hangzhou XZB Tech Co's current Cyclically Adjusted PS Ratio of 18.63 is 2487.5% 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 Hangzhou XZB Tech Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou XZB Tech Co's current Cyclically Adjusted PS Ratio is 18.63, which is 53% above median its own 10-year median of 12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou XZB Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou XZB Tech Co (SHSE:603040) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥24.45, compared to a current price of ¥50.11 — trading 104.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 18.63, which is 53% above median its 10-year median of 12.19 and 2487.5% above the Vehicles & Parts industry median of 0.72. Hangzhou XZB Tech Co's overall GF Score™ is 85/100 with 3 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 Hangzhou XZB Tech Co (SHSE:603040), the current Cyclically Adjusted PS Ratio is 18.63 as of Aug. 30, 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 Hangzhou XZB Tech Co (SHSE:603040) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou XZB Tech Co stock appears to be overvalued. The current stock price of ¥50.11 is trading 104.9% above its estimated GF Value™ of ¥24.45. GuruFocus considers Hangzhou XZB Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603040:

  • Cyclically Adjusted PS Ratio: 18.63 (53% above median its 10-year median of 12.19)
  • GF Value™: ¥24.45 vs. price of ¥50.11 (104.9% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 2487.5% above the Vehicles & Parts median (#1034 of 1038)

No single metric tells the full story. See the SHSE:603040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou XZB Tech Co Business Description

Address No.18 Longtan Road, Building 1-5, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121
Hangzhou XZB Tech Co Ltd is a China based company engaged in the research and development of valve train systems and parts manufacturing in car industry. The products offered by the company includes valve cotters (collets), valve spring retainers, hydraulic lash adjusters and finger followers, push rods and tappets for heavy-duty diesel engines. In addition, the company also produces precision cold-forming components together with good service for power tools, household electrical appliance, aerospace, machinery and other applications.
85GF Score

Get the complete analysis for SHSE:603040

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

¥50.11
Price
¥24.45
GF Value