Guangdong Songfa Ceramics Co (SHSE:603268) Cyclically Adjusted PS Ratio: 11.63 (As of Jul. 29, 2026) — 122% Above Median

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SHSE:603268 Guangdong Songfa Ceramics Co Ltd SHSE:603268
55 GF Score
Price ¥148.99
! 11 Warning Signs
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What is Guangdong Songfa Ceramics Co Cyclically Adjusted PS Ratio?

Guangdong Songfa Ceramics Co SHSE:603268 +1.04% 55 Cyclically Adjusted PS Ratio is 11.63 as of Jul. 29, 2026, which is 122% above its 10-year median of 5.23. GuruFocus rates SHSE:603268 with a GF Score™ of 55/100. The stock has 11 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Guangdong Songfa Ceramics Co ranks worse than 98.22% on this metric.

As of today (2026-07-29), Guangdong Songfa Ceramics Co's current share price is ¥148.99. Guangdong Songfa Ceramics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥12.81. Guangdong Songfa Ceramics Co's Cyclically Adjusted PS Ratio for today is 11.63.

The historical rank and industry rank for Guangdong Songfa Ceramics Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603268' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.24   Med: 5.23   Max: 12.47
Current: 11.87

During the past years, Guangdong Songfa Ceramics Co's highest Cyclically Adjusted PS Ratio was 12.47. The lowest was 2.24. And the median was 5.23.

SHSE:603268's Cyclically Adjusted PS Ratio is ranked worse than
98.22% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.665 vs SHSE:603268: 11.87

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.

Guangdong Songfa Ceramics Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥9.185. 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 ¥12.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Songfa Ceramics Co  (SHSE:603268) 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.


Guangdong Songfa Ceramics Co Cyclically Adjusted PS Ratio Related Terms


Guangdong Songfa Ceramics Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co Cyclically Adjusted PS Ratio Chart

Guangdong Songfa Ceramics 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 4.76 6.08 7.01

Guangdong Songfa Ceramics 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 3.77 4.04 4.43 7.01 8.76

SHSE:603268 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Songfa Ceramics 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.


Guangdong Songfa Ceramics Co Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Songfa Ceramics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Songfa Ceramics Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603268
55GF Score
Guangdong Songfa Ceramics Co Ltd SHSE:603268
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=148.99/12.81
=11.63

* 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.

Guangdong Songfa Ceramics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Guangdong Songfa Ceramics 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)
=9.185/116.3033*116.3033
=9.185

Current CPI (Mar. 2026) = 116.3033.

Guangdong Songfa Ceramics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.620 101.400 0.711
201609 0.638 102.400 0.725
201612 1.118 102.600 1.267
201703 0.799 103.200 0.900
201706 0.928 103.100 1.047
201709 1.837 104.100 2.052
201712 1.466 104.500 1.632
201803 1.475 105.300 1.629
201806 0.833 104.900 0.924
201809 1.288 106.600 1.405
201812 1.289 106.500 1.408
201903 1.053 107.700 1.137
201906 1.045 107.700 1.128
201909 1.228 109.800 1.301
201912 1.243 111.200 1.300
202003 0.643 112.300 0.666
202006 0.685 110.400 0.722
202009 0.997 111.700 1.038
202012 0.986 111.500 1.028
202103 0.757 112.662 0.781
202106 0.727 111.769 0.756
202109 0.832 112.215 0.862
202112 0.928 113.108 0.954
202203 0.395 114.335 0.402
202206 0.457 114.558 0.464
202209 0.731 115.339 0.737
202212 0.593 115.116 0.599
202303 0.307 115.116 0.310
202306 0.427 114.558 0.434
202309 0.512 115.339 0.516
202312 0.406 114.781 0.411
202403 0.397 115.227 0.401
202406 9.750 114.781 9.879
202409 20.126 115.785 20.216
202412 2.647 114.893 2.680
202503 23.975 115.116 24.222
202506 10.021 114.907 10.143
202509 10.946 115.471 11.025
202512 11.017 115.832 11.062
202603 9.185 116.303 9.185

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 11.63 mean?
Guangdong Songfa Ceramics Co (SHSE:603268) has a Cyclically Adjusted PS Ratio of 11.63 as of Jul. 29, 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 Guangdong Songfa Ceramics Co and its competitors. This is 122% above median its historical median of 5.23. Over the past decade, Guangdong Songfa Ceramics Co's Cyclically Adjusted PS Ratio has ranged from 2.24 to 12.47. According to the industry distribution chart, Guangdong Songfa Ceramics Co ranks #332 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 98.2%.
Is Guangdong Songfa Ceramics Co's Cyclically Adjusted PS Ratio too high?
Guangdong Songfa Ceramics Co's current Cyclically Adjusted PS Ratio of 11.63 is 122% above median its 10-year median of 5.23. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 12.47. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.67. Guangdong Songfa Ceramics Co's value of 11.63 is 1648.9% above this industry median. Based on the distribution chart, Guangdong Songfa Ceramics Co ranks #332 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Guangdong Songfa Ceramics Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songfa Ceramics Co's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Guangdong Songfa Ceramics Co ranks #332 out of 338 companies for Cyclically Adjusted PS Ratio. This places Guangdong Songfa Ceramics Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.67. Guangdong Songfa Ceramics Co's value of 11.63 is 1648.9% above this benchmark. Historically, Guangdong Songfa Ceramics Co's own Cyclically Adjusted PS Ratio has ranged from 2.24 to 12.47 over the past decade. While the company's 10-year median is 5.23 vs. the industry median of 0.67, Guangdong Songfa Ceramics 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.67, based on 338 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. Guangdong Songfa Ceramics Co's current Cyclically Adjusted PS Ratio of 11.63 is 1648.9% 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 Guangdong Songfa Ceramics Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Songfa Ceramics Co's current Cyclically Adjusted PS Ratio is 11.63, which is 122% above median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songfa Ceramics Co stock overvalued right now?
Guangdong Songfa Ceramics Co (SHSE:603268) has a current Cyclically Adjusted PS Ratio of 11.63. The current Cyclically Adjusted PS Ratio is 11.63, which is 122% above median its 10-year median of 5.23 and 1648.9% above the Furnishings, Fixtures & Appliances industry median of 0.67. Guangdong Songfa Ceramics Co's overall GF Score™ is 55/100 with 11 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 Guangdong Songfa Ceramics Co (SHSE:603268), the current Cyclically Adjusted PS Ratio is 11.63 as of Jul. 29, 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.

Guangdong Songfa Ceramics Co Business Description

Address No. 20, Ruyi Road Industrial Park, Building C2-2, Fengxi District, Chaozhou, CHN, 521031
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produces household porcelain, custom porcelain hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
55GF Score

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

¥148.99
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