Zhende Medical Co (SHSE:603301) Cyclically Adjusted PS Ratio: 4.20 (As of Sep. 11, 2026) — Near Median

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SHSE:603301 Zhende Medical Co Ltd SHSE:603301
53 GF Score
Price ¥81.24
GF Value ¥26.63
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Zhende Medical Co Cyclically Adjusted PS Ratio?

Zhende Medical Co SHSE:603301 -3.46% 53 Cyclically Adjusted PS Ratio is 4.20 as of Sep. 11, 2026, which is 6% below its 10-year median of 4.46. GuruFocus rates SHSE:603301 with a GF Score™ of 53/100 and a GF Value™ of ¥26.63 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 527 Medical Devices & Instruments companies, Zhende Medical Co ranks worse than 67.17% on this metric.

As of today (2026-09-11), Zhende Medical Co's current share price is ¥81.24. Zhende Medical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥19.36. Zhende Medical Co's Cyclically Adjusted PS Ratio for today is 4.20.

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

SHSE:603301' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.13   Med: 4.46   Max: 4.91
Current: 4.2

During the past years, Zhende Medical Co's highest Cyclically Adjusted PS Ratio was 4.91. The lowest was 4.13. And the median was 4.46.

SHSE:603301's Cyclically Adjusted PS Ratio is ranked worse than
67.17% of 527 companies
in the Medical Devices & Instruments industry
Industry Median: 2.19 vs SHSE:603301: 4.20

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.

Zhende Medical Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥4.701. 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 ¥19.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhende Medical Co  (SHSE:603301) 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.


Zhende Medical Co Cyclically Adjusted PS Ratio Related Terms


Zhende Medical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zhende Medical 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.

Zhende Medical Co Cyclically Adjusted PS Ratio Chart

Zhende Medical 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 0.00 0.00 0.00

Zhende Medical Co 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 0.00 5.11 4.50

SHSE:603301 vs ISRG, BDX, RMD: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Zhende Medical 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.


Zhende Medical Co Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zhende Medical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhende Medical Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603301
53GF Score
Zhende Medical Co Ltd SHSE:603301
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhende Medical 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.

Zhende Medical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=81.24/19.36
=4.20

* 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.

Zhende Medical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhende Medical Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.701/116.0564*116.0564
=4.701

Current CPI (Jun. 2026) = 116.0564.

Zhende Medical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 100.600 0.000
201612 0.000 102.600 0.000
201703 1.966 103.200 2.211
201706 2.213 103.100 2.491
201709 2.288 104.100 2.551
201712 2.414 104.500 2.681
201803 1.884 105.300 2.076
201806 2.193 104.900 2.426
201809 1.877 106.600 2.044
201812 1.975 106.500 2.152
201903 1.714 107.700 1.847
201906 2.219 107.700 2.391
201909 2.690 109.800 2.843
201912 2.882 111.200 3.008
202003 3.302 112.300 3.412
202006 13.553 110.400 14.247
202009 20.067 111.700 20.850
202012 10.459 111.500 10.886
202103 8.789 112.662 9.054
202106 4.012 111.769 4.166
202109 4.184 112.215 4.327
202112 5.500 113.108 5.643
202203 5.540 114.335 5.623
202206 6.672 114.558 6.759
202209 6.304 115.339 6.343
202212 7.139 115.116 7.197
202303 4.884 115.116 4.924
202306 3.765 114.558 3.814
202309 3.415 115.339 3.436
202312 3.343 114.781 3.380
202403 3.677 115.227 3.703
202406 3.923 114.781 3.967
202409 4.086 115.785 4.096
202412 4.371 114.893 4.415
202503 3.677 115.116 3.707
202506 4.221 114.907 4.263
202509 4.020 115.471 4.040
202512 4.549 115.832 4.558
202603 3.675 116.303 3.667
202606 4.701 116.056 4.701

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 4.20 mean?
Zhende Medical Co (SHSE:603301) has a Cyclically Adjusted PS Ratio of 4.20 as of Sep. 11, 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 Zhende Medical Co and its competitors. This is near median its historical median of 4.46. Over the past decade, Zhende Medical Co's Cyclically Adjusted PS Ratio has ranged from 4.13 to 4.91. According to the industry distribution chart, Zhende Medical Co ranks #354 out of 527 companies in the Medical Devices & Instruments industry, placing it in the top 67.2%.
Is Zhende Medical Co's Cyclically Adjusted PS Ratio too high?
Zhende Medical Co's current Cyclically Adjusted PS Ratio of 4.20 is near median its 10-year median of 4.46. Over the past 10 years, this metric has ranged from a low of 4.13 to a high of 4.91. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.19. Zhende Medical Co's value of 4.20 is 91.8% above this industry median. Based on the distribution chart, Zhende Medical Co ranks #354 out of 527 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Zhende Medical Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhende Medical Co's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Zhende Medical Co ranks #354 out of 527 companies for Cyclically Adjusted PS Ratio. This places Zhende Medical Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.19. Zhende Medical Co's value of 4.20 is 91.8% above this benchmark. Historically, Zhende Medical Co's own Cyclically Adjusted PS Ratio has ranged from 4.13 to 4.91 over the past decade. While the company's 10-year median is 4.46 vs. the industry median of 2.19, Zhende Medical 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.19, based on 527 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. Zhende Medical Co's current Cyclically Adjusted PS Ratio of 4.20 is 91.8% 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 Zhende Medical Co and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhende Medical Co's current Cyclically Adjusted PS Ratio is 4.20, which is near median its own 10-year median of 4.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhende Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhende Medical Co (SHSE:603301) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.63, compared to a current price of ¥81.24 — trading 205.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.20, which is near median its 10-year median of 4.46 and 91.8% above the Medical Devices & Instruments industry median of 2.19. Zhende Medical Co's overall GF Score™ is 53/100 with 4 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 Zhende Medical Co (SHSE:603301), the current Cyclically Adjusted PS Ratio is 4.20 as of Sep. 11, 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 Zhende Medical Co (SHSE:603301) Overvalued in 2026?

Based on GuruFocus' analysis, Zhende Medical Co stock appears to be overvalued. The current stock price of ¥81.24 is trading 205.1% above its estimated GF Value™ of ¥26.63. GuruFocus considers Zhende Medical Co to be Significantly Overvalued.

Key valuation signals for SHSE:603301:

  • Cyclically Adjusted PS Ratio: 4.20 (near median its 10-year median of 4.46)
  • GF Value™: ¥26.63 vs. price of ¥81.24 (205.1% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 91.8% above the Medical Devices & Instruments median (#354 of 527)

No single metric tells the full story. See the SHSE:603301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhende Medical Co Business Description

Address No. 55 Xiangji Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing City, CHN, 312035
Zhende Medical Co Ltd operates as a supplier of medical care and protection in China. The company is engaged in the production and sales of medical dressings. Its product categories are basic medical dressings, operating room sensory control, pressure therapy and fixation, stoma and chronic wounds, Isolation protection, and personal protection.
53GF Score

Get the complete analysis for SHSE:603301

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

¥81.24
Price
¥26.63
GF Value