Lanzhou LS Heavy Equipment Co (SHSE:603169) Cyclically Adjusted PS Ratio: 1.85 (As of Aug. 28, 2026) — 16% Below Median

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SHSE:603169 Lanzhou LS Heavy Equipment Co Ltd SHSE:603169
59 GF Score
Price ¥6.60
GF Value ¥8.56
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lanzhou LS Heavy Equipment Co Cyclically Adjusted PS Ratio?

Lanzhou LS Heavy Equipment Co SHSE:603169 +0.92% 59 Cyclically Adjusted PS Ratio is 1.85 as of Aug. 28, 2026, which is 16% below its 10-year median of 2.21. GuruFocus rates SHSE:603169 with a GF Score™ of 59/100 and a GF Value™ of ¥8.56 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,283 Industrial Products companies, Lanzhou LS Heavy Equipment Co ranks better than 50.85% on this metric.

As of today (2026-08-28), Lanzhou LS Heavy Equipment Co's current share price is ¥6.60. Lanzhou LS Heavy Equipment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥3.56. Lanzhou LS Heavy Equipment Co's Cyclically Adjusted PS Ratio for today is 1.85.

The historical rank and industry rank for Lanzhou LS Heavy Equipment Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603169' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.21   Max: 3.72
Current: 1.77

During the past years, Lanzhou LS Heavy Equipment Co's highest Cyclically Adjusted PS Ratio was 3.72. The lowest was 1.36. And the median was 2.21.

SHSE:603169's Cyclically Adjusted PS Ratio is ranked better than
50.85% of 2283 companies
in the Industrial Products industry
Industry Median: 1.81 vs SHSE:603169: 1.77

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.

Lanzhou LS Heavy Equipment Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.907. 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 ¥3.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lanzhou LS Heavy Equipment Co  (SHSE:603169) 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.


Lanzhou LS Heavy Equipment Co Cyclically Adjusted PS Ratio Related Terms


Lanzhou LS Heavy Equipment Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lanzhou LS Heavy Equipment 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.

Lanzhou LS Heavy Equipment Co Cyclically Adjusted PS Ratio Chart

Lanzhou LS Heavy Equipment 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 2.17 2.02 1.68 3.05

Lanzhou LS Heavy Equipment 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 2.23 2.40 2.37 3.05 2.78

SHSE:603169 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Lanzhou LS Heavy Equipment 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.


Lanzhou LS Heavy Equipment Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lanzhou LS Heavy Equipment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lanzhou LS Heavy Equipment Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603169
59GF Score
Lanzhou LS Heavy Equipment Co Ltd SHSE:603169
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lanzhou LS Heavy Equipment 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.

Lanzhou LS Heavy Equipment Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.60/3.56
=1.85

* 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.

Lanzhou LS Heavy Equipment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Lanzhou LS Heavy Equipment 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)
=0.907/116.3033*116.3033
=0.907

Current CPI (Mar. 2026) = 116.3033.

Lanzhou LS Heavy Equipment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.429 101.400 0.492
201609 0.393 102.400 0.446
201612 0.483 102.600 0.548
201703 0.161 103.200 0.181
201706 1.126 103.100 1.270
201709 0.805 104.100 0.899
201712 0.833 104.500 0.927
201803 0.602 105.300 0.665
201806 0.696 104.900 0.772
201809 0.757 106.600 0.826
201812 0.368 106.500 0.402
201903 0.822 107.700 0.888
201906 0.717 107.700 0.774
201909 0.757 109.800 0.802
201912 0.971 111.200 1.016
202003 0.607 112.300 0.629
202006 0.500 110.400 0.527
202009 0.647 111.700 0.674
202012 0.998 111.500 1.041
202103 0.397 112.662 0.410
202106 0.841 111.769 0.875
202109 0.993 112.215 1.029
202112 1.235 113.108 1.270
202203 0.694 114.335 0.706
202206 0.878 114.558 0.891
202209 0.775 115.339 0.781
202212 1.466 115.116 1.481
202303 0.716 115.116 0.723
202306 0.976 114.558 0.991
202309 0.689 115.339 0.695
202312 1.571 114.781 1.592
202403 0.711 115.227 0.718
202406 1.198 114.781 1.214
202409 0.954 115.785 0.958
202412 1.568 114.893 1.587
202503 1.078 115.116 1.089
202506 1.082 114.907 1.095
202509 1.471 115.471 1.482
202512 1.325 115.832 1.330
202603 0.907 116.303 0.907

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 1.85 mean?
Lanzhou LS Heavy Equipment Co (SHSE:603169) has a Cyclically Adjusted PS Ratio of 1.85 as of Aug. 28, 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 Lanzhou LS Heavy Equipment Co and its competitors. This is 16% below median its historical median of 2.21. Over the past decade, Lanzhou LS Heavy Equipment Co's Cyclically Adjusted PS Ratio has ranged from 1.36 to 3.72. According to the industry distribution chart, Lanzhou LS Heavy Equipment Co ranks #1122 out of 2283 companies in the Industrial Products industry, placing it in the top 49.1%.
Is Lanzhou LS Heavy Equipment Co's Cyclically Adjusted PS Ratio too high?
Lanzhou LS Heavy Equipment Co's current Cyclically Adjusted PS Ratio of 1.85 is 16% below median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 3.72. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Lanzhou LS Heavy Equipment Co's value of 1.85 is 2.2% above this industry median. Based on the distribution chart, Lanzhou LS Heavy Equipment Co ranks #1122 out of 2283 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Lanzhou LS Heavy Equipment Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lanzhou LS Heavy Equipment Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lanzhou LS Heavy Equipment Co ranks #1122 out of 2283 companies for Cyclically Adjusted PS Ratio. This puts Lanzhou LS Heavy Equipment Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Lanzhou LS Heavy Equipment Co's value of 1.85 is 2.2% above this benchmark. Historically, Lanzhou LS Heavy Equipment Co's own Cyclically Adjusted PS Ratio has ranged from 1.36 to 3.72 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.81, Lanzhou LS Heavy Equipment 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,283 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. Lanzhou LS Heavy Equipment Co's current Cyclically Adjusted PS Ratio of 1.85 is 2.2% 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 Lanzhou LS Heavy Equipment Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lanzhou LS Heavy Equipment Co's current Cyclically Adjusted PS Ratio is 1.85, which is 16% below median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanzhou LS Heavy Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Lanzhou LS Heavy Equipment Co (SHSE:603169) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.56, compared to a current price of ¥6.60 — trading 22.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.85, which is 16% below median its 10-year median of 2.21 and 2.2% above the Industrial Products industry median of 1.81. Lanzhou LS Heavy Equipment Co's overall GF Score™ is 59/100 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 Lanzhou LS Heavy Equipment Co (SHSE:603169), the current Cyclically Adjusted PS Ratio is 1.85 as of Aug. 28, 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 Lanzhou LS Heavy Equipment Co (SHSE:603169) Overvalued in 2026?

Based on GuruFocus' analysis, Lanzhou LS Heavy Equipment Co stock appears to be undervalued. The current stock price of ¥6.60 is trading 22.9% below its estimated GF Value™ of ¥8.56. GuruFocus considers Lanzhou LS Heavy Equipment Co to be Modestly Undervalued.

Key valuation signals for SHSE:603169:

  • Cyclically Adjusted PS Ratio: 1.85 (16% below median its 10-year median of 2.21)
  • GF Value™: ¥8.56 vs. price of ¥6.60 (22.9% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 2.2% above the Industrial Products median (#1122 of 2283)

No single metric tells the full story. See the SHSE:603169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lanzhou LS Heavy Equipment Co Business Description

Address No. 528, West Section of Huanghe Avenue, Lanzhou New District, Gansu Province, Lanzhou, CHN, 730087
Lanzhou LS Heavy Equipment Co Ltd is a China-based company. It is engaged in the manufacturing of pressure vessels in the energy industry. The firm operates through two business divisions including equipment manufacturing business and petrochemical engineering general contracting. The equipment manufacturing business is responsible for collecting information, obtaining contract orders through bidding and negotiation, and design department responsible department. It caters its services to energy industry such as refining, chemical, coal chemical, nuclear power, and biomedicine. Its product offerings include nuclear products, pressure separators, coal chemical equipment, tanks, hydrogenation reactors, and threaded locking ring type heat exchangers.
59GF Score

Get the complete analysis for SHSE:603169

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

¥6.60
Price
¥8.56
GF Value