Shuifa Gas Co (SHSE:603318) Cyclically Adjusted PS Ratio: 2.20 (As of Aug. 28, 2026) — 22% Above Median

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SHSE:603318 Shuifa Gas Co Ltd SHSE:603318
60 GF Score
Price ¥9.78
GF Value ¥5.93
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shuifa Gas Co Cyclically Adjusted PS Ratio?

Shuifa Gas Co SHSE:603318 -1.61% 60 Cyclically Adjusted PS Ratio is 2.20 as of Aug. 28, 2026, which is 22% above its 10-year median of 1.81. GuruFocus rates SHSE:603318 with a GF Score™ of 60/100 and a GF Value™ of ¥5.93 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 709 Oil & Gas companies, Shuifa Gas Co ranks worse than 71.09% on this metric.

As of today (2026-08-28), Shuifa Gas Co's current share price is ¥9.78. Shuifa Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥4.45. Shuifa Gas Co's Cyclically Adjusted PS Ratio for today is 2.20.

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

SHSE:603318' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.51   Med: 1.81   Max: 3.25
Current: 2.2

During the past years, Shuifa Gas Co's highest Cyclically Adjusted PS Ratio was 3.25. The lowest was 1.51. And the median was 1.81.

SHSE:603318's Cyclically Adjusted PS Ratio is ranked worse than
71.09% of 709 companies
in the Oil & Gas industry
Industry Median: 1.05 vs SHSE:603318: 2.20

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.

Shuifa Gas Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥1.244. 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 ¥4.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shuifa Gas Co  (SHSE:603318) 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.


Shuifa Gas Co Cyclically Adjusted PS Ratio Related Terms


Shuifa Gas Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shuifa Gas 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.

Shuifa Gas Co Cyclically Adjusted PS Ratio Chart

Shuifa Gas 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 2.20 1.88 1.56

Shuifa Gas 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 1.64 1.56 1.56 1.79 2.14

SHSE:603318 vs SLB, BKR, FTI: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Shuifa Gas 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.


Shuifa Gas Co Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shuifa Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:603318
60GF Score
Shuifa Gas Co Ltd SHSE:603318
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shuifa Gas 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.

Shuifa Gas Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.78/4.45
=2.20

* 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.

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

For example, Shuifa Gas 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)
=1.244/116.0564*116.0564
=1.244

Current CPI (Jun. 2026) = 116.0564.

Shuifa Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.194 102.400 0.220
201612 0.314 102.600 0.355
201703 0.283 103.200 0.318
201706 0.360 103.100 0.405
201709 0.492 104.100 0.549
201712 0.381 104.500 0.423
201803 0.355 105.300 0.391
201806 0.406 104.900 0.449
201809 0.092 106.600 0.100
201812 0.210 106.500 0.229
201903 0.132 107.700 0.142
201906 0.243 107.700 0.262
201909 0.249 109.800 0.263
201912 0.183 111.200 0.191
202003 0.287 112.300 0.297
202006 0.325 110.400 0.342
202009 1.042 111.700 1.083
202012 0.975 111.500 1.015
202103 0.766 112.662 0.789
202106 1.370 111.769 1.423
202109 2.089 112.215 2.161
202112 2.576 113.108 2.643
202203 1.177 114.335 1.195
202206 3.001 114.558 3.040
202209 2.240 115.339 2.254
202212 2.984 115.116 3.008
202303 1.849 115.116 1.864
202306 1.506 114.558 1.526
202309 2.042 115.339 2.055
202312 1.977 114.781 1.999
202403 1.382 115.227 1.392
202406 1.356 114.781 1.371
202409 1.372 115.785 1.375
202412 1.530 114.893 1.545
202503 1.325 115.116 1.336
202506 1.206 114.907 1.218
202509 1.455 115.471 1.462
202512 1.603 115.832 1.606
202603 0.983 116.303 0.981
202606 1.244 116.056 1.244

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 2.20 mean?
Shuifa Gas Co (SHSE:603318) has a Cyclically Adjusted PS Ratio of 2.20 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 Shuifa Gas Co and its competitors. This is 22% above median its historical median of 1.81. Over the past decade, Shuifa Gas Co's Cyclically Adjusted PS Ratio has ranged from 1.51 to 3.25. According to the industry distribution chart, Shuifa Gas Co ranks #504 out of 709 companies in the Oil & Gas industry, placing it in the top 71.1%.
Is Shuifa Gas Co's Cyclically Adjusted PS Ratio too high?
Shuifa Gas Co's current Cyclically Adjusted PS Ratio of 2.20 is 22% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 3.25. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Shuifa Gas Co's value of 2.20 is 109.5% above this industry median. Based on the distribution chart, Shuifa Gas Co ranks #504 out of 709 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shuifa Gas Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shuifa Gas Co's Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shuifa Gas Co ranks #504 out of 709 companies for Cyclically Adjusted PS Ratio. This places Shuifa Gas Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. Shuifa Gas Co's value of 2.20 is 109.5% above this benchmark. Historically, Shuifa Gas Co's own Cyclically Adjusted PS Ratio has ranged from 1.51 to 3.25 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.05, Shuifa Gas 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 709 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. Shuifa Gas Co's current Cyclically Adjusted PS Ratio of 2.20 is 109.5% 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 Shuifa Gas Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuifa Gas Co's current Cyclically Adjusted PS Ratio is 2.20, which is 22% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuifa Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shuifa Gas Co (SHSE:603318) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.93, compared to a current price of ¥9.78 — trading 64.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.20, which is 22% above median its 10-year median of 1.81 and 109.5% above the Oil & Gas industry median of 1.05. Shuifa Gas Co's overall GF Score™ is 60/100 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 Shuifa Gas Co (SHSE:603318), the current Cyclically Adjusted PS Ratio is 2.20 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 Shuifa Gas Co (SHSE:603318) Overvalued in 2026?

Based on GuruFocus' analysis, Shuifa Gas Co stock appears to be overvalued. The current stock price of ¥9.78 is trading 64.9% above its estimated GF Value™ of ¥5.93. GuruFocus considers Shuifa Gas Co to be Significantly Overvalued.

Key valuation signals for SHSE:603318:

  • Cyclically Adjusted PS Ratio: 2.20 (22% above median its 10-year median of 1.81)
  • GF Value™: ¥5.93 vs. price of ¥9.78 (64.9% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 109.5% above the Oil & Gas median (#504 of 709)

No single metric tells the full story. See the SHSE:603318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shuifa Gas Co Business Description

Industry EnergyOil & Gas
Address No. 33399, Jingshi East Road, 10th Floor, Shuifa Building, Licheng District, Shandong Province, Jinan, CHN, 250102
Shuifa Gas Co Ltd is engaged in the design, production, sales, and service of products related to gas transmission, distribution, and gas applications. Its business scope includes gas supply operations, hazardous chemicals trading, power generation, electricity transmission and distribution, and insurance agency services.
60GF Score

Get the complete analysis for SHSE:603318

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

¥9.78
Price
¥5.93
GF Value