Chengdu Gas Group (SHSE:603053) Cyclically Adjusted PS Ratio: 1.56 (As of Aug. 27, 2026) — Near Median

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SHSE:603053 Chengdu Gas Group Corp Ltd SHSE:603053
82 GF Score
Price ¥8.73
GF Value ¥9.66
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Chengdu Gas Group Cyclically Adjusted PS Ratio?

Chengdu Gas Group SHSE:603053 -0.80% 82 Cyclically Adjusted PS Ratio is 1.56 as of Aug. 27, 2026, which is 9% below its 10-year median of 1.72. GuruFocus rates SHSE:603053 with a GF Score™ of 82/100 and a GF Value™ of ¥9.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 438 Utilities - Regulated companies, Chengdu Gas Group ranks worse than 54.34% on this metric.

As of today (2026-08-27), Chengdu Gas Group's current share price is ¥8.73. Chengdu Gas Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ¥5.59. Chengdu Gas Group's Cyclically Adjusted PS Ratio for today is 1.56.

The historical rank and industry rank for Chengdu Gas Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603053' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 1.72   Max: 1.85
Current: 1.56

During the past 11 years, Chengdu Gas Group's highest Cyclically Adjusted PS Ratio was 1.85. The lowest was 1.56. And the median was 1.72.

SHSE:603053's Cyclically Adjusted PS Ratio is ranked worse than
54.34% of 438 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs SHSE:603053: 1.56

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.

Chengdu Gas Group's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥6.004. 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 ¥5.59 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chengdu Gas Group  (SHSE:603053) 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.


Chengdu Gas Group Cyclically Adjusted PS Ratio Related Terms


Chengdu Gas Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chengdu Gas Group'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.

Chengdu Gas Group Cyclically Adjusted PS Ratio Chart

Chengdu Gas Group 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 1.82 1.72

Chengdu Gas Group 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 0.00 0.00 1.72 0.00 0.00

SHSE:603053 vs ATO, NI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Chengdu Gas Group'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.


Chengdu Gas Group Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chengdu Gas Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chengdu Gas Group's Cyclically Adjusted PS Ratio falls into.


SHSE:603053
82GF Score
Chengdu Gas Group Corp Ltd SHSE:603053
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chengdu Gas Group 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.

Chengdu Gas Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.73/5.59
=1.56

* 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.

Chengdu Gas Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Chengdu Gas Group's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=6.004/115.8323*115.8323
=6.004

Current CPI (Dec25) = 115.8323.

Chengdu Gas Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 4.528 102.600 5.112
201712 4.853 104.500 5.379
201812 5.492 106.500 5.973
201912 5.981 111.200 6.230
202012 4.730 111.500 4.914
202112 4.930 113.108 5.049
202212 5.410 115.116 5.444
202312 5.801 114.781 5.854
202412 5.935 114.893 5.984
202512 6.004 115.832 6.004

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 1.56 mean?
Chengdu Gas Group (SHSE:603053) has a Cyclically Adjusted PS Ratio of 1.56 as of Aug. 27, 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 Chengdu Gas Group and its competitors. This is near median its historical median of 1.72. Over the past decade, Chengdu Gas Group's Cyclically Adjusted PS Ratio has ranged from 1.56 to 1.85. According to the industry distribution chart, Chengdu Gas Group ranks #238 out of 438 companies in the Utilities - Regulated industry, placing it in the top 54.3%.
Is Chengdu Gas Group's Cyclically Adjusted PS Ratio too high?
Chengdu Gas Group's current Cyclically Adjusted PS Ratio of 1.56 is near median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 1.85. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.41. Chengdu Gas Group's value of 1.56 is 10.6% above this industry median. Based on the distribution chart, Chengdu Gas Group ranks #238 out of 438 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Chengdu Gas Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Gas Group's Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Chengdu Gas Group ranks #238 out of 438 companies for Cyclically Adjusted PS Ratio. This places Chengdu Gas Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Chengdu Gas Group's value of 1.56 is 10.6% above this benchmark. Historically, Chengdu Gas Group's own Cyclically Adjusted PS Ratio has ranged from 1.56 to 1.85 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.41, Chengdu Gas Group 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.41, based on 438 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. Chengdu Gas Group's current Cyclically Adjusted PS Ratio of 1.56 is 10.6% 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 Chengdu Gas Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Gas Group's current Cyclically Adjusted PS Ratio is 1.56, which is near median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Gas Group (SHSE:603053) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.66, compared to a current price of ¥8.73 — trading 9.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.56, which is near median its 10-year median of 1.72 and 10.6% above the Utilities - Regulated industry median of 1.41. Chengdu Gas Group's overall GF Score™ is 82/100 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 Chengdu Gas Group (SHSE:603053), the current Cyclically Adjusted PS Ratio is 1.56 as of Aug. 27, 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 Chengdu Gas Group (SHSE:603053) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Gas Group stock appears to be undervalued. The current stock price of ¥8.73 is trading 9.6% below its estimated GF Value™ of ¥9.66. GuruFocus considers Chengdu Gas Group to be Modestly Undervalued.

Key valuation signals for SHSE:603053:

  • Cyclically Adjusted PS Ratio: 1.56 (near median its 10-year median of 1.72)
  • GF Value™: ¥9.66 vs. price of ¥8.73 (9.6% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 10.6% above the Utilities - Regulated median (#238 of 438)

No single metric tells the full story. See the SHSE:603053 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengdu Gas Group Business Description

Address No. 19 Shaoling Road, Wuhou District, Sichuan Province, Chengdu, CHN, 610041
Chengdu Gas Group Corp Ltd is engaged in urban gas supply in large and medium cities in China. The company's business includes city gas supply, gas engineering planning, design, construction and installation, gas transmission and distribution, application, management, gas intelligent system research and development, equipment manufacturing, gas special equipment, pressure vessels, measuring device testing, gas appliances and equipment sales.
82GF Score

Get the complete analysis for SHSE:603053

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

¥8.73
Price
¥9.66
GF Value