Zhejiang Yaguang Technology Co (SHSE:603282) Cyclically Adjusted PS Ratio: 2.09 (As of Aug. 19, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603282 Zhejiang Yaguang Technology Co Ltd SHSE:603282
84 GF Score
Price ¥14.91
GF Value ¥15.36
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Zhejiang Yaguang Technology Co Cyclically Adjusted PS Ratio?

Zhejiang Yaguang Technology Co SHSE:603282 -3.56% 84 Cyclically Adjusted PS Ratio is 2.09 as of Aug. 19, 2026, which is 5% below its 10-year median of 2.21. GuruFocus rates SHSE:603282 with a GF Score™ of 84/100 and a GF Value™ of ¥15.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,286 Industrial Products companies, Zhejiang Yaguang Technology Co ranks worse than 54.33% on this metric.

As of today (2026-08-19), Zhejiang Yaguang Technology Co's current share price is ¥14.91. Zhejiang Yaguang Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ¥7.12. Zhejiang Yaguang Technology Co's Cyclically Adjusted PS Ratio for today is 2.09.

The historical rank and industry rank for Zhejiang Yaguang Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603282' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.21   Max: 3.24
Current: 2.1

During the past 11 years, Zhejiang Yaguang Technology Co's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 1.35. And the median was 2.21.

SHSE:603282's Cyclically Adjusted PS Ratio is ranked worse than
54.33% of 2286 companies
in the Industrial Products industry
Industry Median: 1.85 vs SHSE:603282: 2.10

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.

Zhejiang Yaguang Technology Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥6.550. 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 ¥7.12 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Yaguang Technology Co  (SHSE:603282) 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.


Zhejiang Yaguang Technology Co Cyclically Adjusted PS Ratio Related Terms


Zhejiang Yaguang Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Yaguang Technology 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.

Zhejiang Yaguang Technology Co Cyclically Adjusted PS Ratio Chart

Zhejiang Yaguang Technology Co Annual Data
Trend Dec15 Dec16 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 1.46 2.78

Zhejiang Yaguang Technology Co Quarterly Data
Dec20 Jun21 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 0.00 0.00 0.00 2.78 0.00

SHSE:603282 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Yaguang Technology 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.


Zhejiang Yaguang Technology Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yaguang Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Yaguang Technology Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603282
84GF Score
Zhejiang Yaguang Technology Co Ltd SHSE:603282
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Yaguang Technology 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.

Zhejiang Yaguang Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.91/7.12
=2.09

* 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.

Zhejiang Yaguang Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Zhejiang Yaguang Technology Co'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)
=6.55/115.8323*115.8323
=6.550

Current CPI (Dec25) = 115.8323.

Zhejiang Yaguang Technology Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 20.219 100.600 23.280
201612 2.552 102.600 2.881
201812 2.655 106.500 2.888
201912 3.174 111.200 3.306
202012 4.182 111.500 4.344
202112 4.808 113.108 4.924
202212 9.129 115.116 9.186
202312 7.792 114.781 7.863
202412 5.970 114.893 6.019
202512 6.550 115.832 6.550

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 2.09 mean?
Zhejiang Yaguang Technology Co (SHSE:603282) has a Cyclically Adjusted PS Ratio of 2.09 as of Aug. 19, 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 Zhejiang Yaguang Technology Co and its competitors. This is near median its historical median of 2.21. Over the past decade, Zhejiang Yaguang Technology Co's Cyclically Adjusted PS Ratio has ranged from 1.35 to 3.24. According to the industry distribution chart, Zhejiang Yaguang Technology Co ranks #1242 out of 2286 companies in the Industrial Products industry, placing it in the top 54.3%.
Is Zhejiang Yaguang Technology Co's Cyclically Adjusted PS Ratio too high?
Zhejiang Yaguang Technology Co's current Cyclically Adjusted PS Ratio of 2.09 is near median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 3.24. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Zhejiang Yaguang Technology Co's value of 2.09 is 13% above this industry median. Based on the distribution chart, Zhejiang Yaguang Technology Co ranks #1242 out of 2286 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Yaguang Technology Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Yaguang Technology Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Yaguang Technology Co ranks #1242 out of 2286 companies for Cyclically Adjusted PS Ratio. This places Zhejiang Yaguang Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Zhejiang Yaguang Technology Co's value of 2.09 is 13% above this benchmark. Historically, Zhejiang Yaguang Technology Co's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 3.24 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.85, Zhejiang Yaguang Technology 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 1.85, based on 2,286 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. Zhejiang Yaguang Technology Co's current Cyclically Adjusted PS Ratio of 2.09 is 13% 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 Zhejiang Yaguang Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Yaguang Technology Co's current Cyclically Adjusted PS Ratio is 2.09, which is near 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 Zhejiang Yaguang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Yaguang Technology Co (SHSE:603282) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.36, compared to a current price of ¥14.91 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.09, which is near median its 10-year median of 2.21 and 13% above the Industrial Products industry median of 1.85. Zhejiang Yaguang Technology Co's overall GF Score™ is 84/100 with 6 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 Zhejiang Yaguang Technology Co (SHSE:603282), the current Cyclically Adjusted PS Ratio is 2.09 as of Aug. 19, 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 Zhejiang Yaguang Technology Co (SHSE:603282) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Yaguang Technology Co stock appears to be undervalued. The current stock price of ¥14.91 is trading 2.9% below its estimated GF Value™ of ¥15.36. GuruFocus considers Zhejiang Yaguang Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603282:

  • Cyclically Adjusted PS Ratio: 2.09 (near median its 10-year median of 2.21)
  • GF Value™: ¥15.36 vs. price of ¥14.91 (2.9% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 13% above the Industrial Products median (#1242 of 2286)

No single metric tells the full story. See the SHSE:603282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Yaguang Technology Co Business Description

Address No. 4525, Binhai 3rd Road, Binhai Park, Economic and Technological Development Zone, Zhejiang Province, Wenzhou, CHN, 325025
Zhejiang Yaguang Technology Co Ltd is engaged in the research and development, production and sales of equipment for evaporation, crystallization, filtration, cleaning, drying, and organic solvent distillation in various industrial fields.
84GF Score

Get the complete analysis for SHSE:603282

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

¥14.91
Price
¥15.36
GF Value