ADD Industry (Zhejiang) (SHSE:603089) Cyclically Adjusted PS Ratio: 1.38 (As of Aug. 24, 2026) — 20% Below Median

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SHSE:603089 ADD Industry (Zhejiang) Corp Ltd SHSE:603089
77 GF Score
Price ¥10.17
GF Value ¥13.91
Valuation Modestly Undervalued
! 7 Warning Signs
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What is ADD Industry (Zhejiang) Cyclically Adjusted PS Ratio?

ADD Industry (Zhejiang) SHSE:603089 -3.42% 77 Cyclically Adjusted PS Ratio is 1.38 as of Aug. 24, 2026, which is 20% below its 10-year median of 1.73. GuruFocus rates SHSE:603089 with a GF Score™ of 77/100 and a GF Value™ of ¥13.91 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,037 Vehicles & Parts companies, ADD Industry (Zhejiang) ranks worse than 66.25% on this metric.

As of today (2026-08-24), ADD Industry (Zhejiang)'s current share price is ¥10.17. ADD Industry (Zhejiang)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥7.38. ADD Industry (Zhejiang)'s Cyclically Adjusted PS Ratio for today is 1.38.

The historical rank and industry rank for ADD Industry (Zhejiang)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603089' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.73   Max: 2.44
Current: 1.3

During the past years, ADD Industry (Zhejiang)'s highest Cyclically Adjusted PS Ratio was 2.44. The lowest was 1.07. And the median was 1.73.

SHSE:603089's Cyclically Adjusted PS Ratio is ranked worse than
66.25% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs SHSE:603089: 1.30

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.

ADD Industry (Zhejiang)'s adjusted revenue per share data for the three months ended in Mar. 2026 was ¥2.568. 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 ¥7.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ADD Industry (Zhejiang)  (SHSE:603089) 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.


ADD Industry (Zhejiang) Cyclically Adjusted PS Ratio Related Terms


ADD Industry (Zhejiang) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ADD Industry (Zhejiang)'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.

ADD Industry (Zhejiang) Cyclically Adjusted PS Ratio Chart

ADD Industry (Zhejiang) 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 1.37 1.76

ADD Industry (Zhejiang) 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 1.51 1.91 2.26 1.76 1.66

SHSE:603089 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, ADD Industry (Zhejiang)'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.


ADD Industry (Zhejiang) Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ADD Industry (Zhejiang)'s Cyclically Adjusted PS Ratio falls into.


SHSE:603089
77GF Score
ADD Industry (Zhejiang) Corp Ltd SHSE:603089
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADD Industry (Zhejiang) 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.

ADD Industry (Zhejiang)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.17/7.38
=1.38

* 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.

ADD Industry (Zhejiang)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ADD Industry (Zhejiang)'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)
=2.568/116.3033*116.3033
=2.568

Current CPI (Mar. 2026) = 116.3033.

ADD Industry (Zhejiang) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.105 101.400 1.267
201609 1.101 102.400 1.250
201612 1.284 102.600 1.455
201703 0.908 103.200 1.023
201706 1.104 103.100 1.245
201709 0.986 104.100 1.102
201712 1.129 104.500 1.257
201803 0.970 105.300 1.071
201806 1.275 104.900 1.414
201809 1.373 106.600 1.498
201812 1.602 106.500 1.749
201903 1.332 107.700 1.438
201906 1.264 107.700 1.365
201909 1.402 109.800 1.485
201912 1.485 111.200 1.553
202003 0.756 112.300 0.783
202006 1.597 110.400 1.682
202009 1.377 111.700 1.434
202012 1.692 111.500 1.765
202103 1.489 112.662 1.537
202106 1.703 111.769 1.772
202109 1.916 112.215 1.986
202112 2.072 113.108 2.131
202203 1.733 114.335 1.763
202206 2.112 114.558 2.144
202209 2.019 115.339 2.036
202212 1.814 115.116 1.833
202303 1.435 115.116 1.450
202306 2.050 114.558 2.081
202309 2.303 115.339 2.322
202312 1.941 114.781 1.967
202403 1.906 115.227 1.924
202406 2.349 114.781 2.380
202409 3.145 115.785 3.159
202412 2.941 114.893 2.977
202503 2.855 115.116 2.884
202506 3.198 114.907 3.237
202509 3.045 115.471 3.067
202512 2.777 115.832 2.788
202603 2.568 116.303 2.568

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 1.38 mean?
ADD Industry (Zhejiang) (SHSE:603089) has a Cyclically Adjusted PS Ratio of 1.38 as of Aug. 24, 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 ADD Industry (Zhejiang) and its competitors. This is 20% below median its historical median of 1.73. Over the past decade, ADD Industry (Zhejiang)'s Cyclically Adjusted PS Ratio has ranged from 1.07 to 2.44. According to the industry distribution chart, ADD Industry (Zhejiang) ranks #687 out of 1037 companies in the Vehicles & Parts industry, placing it in the top 66.2%.
Is ADD Industry (Zhejiang)'s Cyclically Adjusted PS Ratio too high?
ADD Industry (Zhejiang)'s current Cyclically Adjusted PS Ratio of 1.38 is 20% below median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.44. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. ADD Industry (Zhejiang)'s value of 1.38 is 86.5% above this industry median. Based on the distribution chart, ADD Industry (Zhejiang) ranks #687 out of 1037 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, ADD Industry (Zhejiang) has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ADD Industry (Zhejiang)'s Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, ADD Industry (Zhejiang) ranks #687 out of 1037 companies for Cyclically Adjusted PS Ratio. This places ADD Industry (Zhejiang) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. ADD Industry (Zhejiang)'s value of 1.38 is 86.5% above this benchmark. Historically, ADD Industry (Zhejiang)'s own Cyclically Adjusted PS Ratio has ranged from 1.07 to 2.44 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 0.74, ADD Industry (Zhejiang) 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 0.74, based on 1,037 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. ADD Industry (Zhejiang)'s current Cyclically Adjusted PS Ratio of 1.38 is 86.5% 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 ADD Industry (Zhejiang) and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADD Industry (Zhejiang)'s current Cyclically Adjusted PS Ratio is 1.38, which is 20% below median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADD Industry (Zhejiang) stock overvalued right now?
Based on GuruFocus' analysis, ADD Industry (Zhejiang) (SHSE:603089) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.91, compared to a current price of ¥10.17 — trading 26.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.38, which is 20% below median its 10-year median of 1.73 and 86.5% above the Vehicles & Parts industry median of 0.74. ADD Industry (Zhejiang)'s overall GF Score™ is 77/100 with 7 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 ADD Industry (Zhejiang) (SHSE:603089), the current Cyclically Adjusted PS Ratio is 1.38 as of Aug. 24, 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 ADD Industry (Zhejiang) (SHSE:603089) Overvalued in 2026?

Based on GuruFocus' analysis, ADD Industry (Zhejiang) stock appears to be undervalued. The current stock price of ¥10.17 is trading 26.9% below its estimated GF Value™ of ¥13.91. GuruFocus considers ADD Industry (Zhejiang) to be Modestly Undervalued.

Key valuation signals for SHSE:603089:

  • Cyclically Adjusted PS Ratio: 1.38 (20% below median its 10-year median of 1.73)
  • GF Value™: ¥13.91 vs. price of ¥10.17 (26.9% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 86.5% above the Vehicles & Parts median (#687 of 1037)

No single metric tells the full story. See the SHSE:603089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADD Industry (Zhejiang) Business Description

Address No. 1, Zhengyu Road, Economic Development Zone, Zhejiang Province, Yuhuan, CHN, 317607
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
77GF Score

Get the complete analysis for SHSE:603089

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

¥10.17
Price
¥13.91
GF Value