Zhejiang Dingli Machinery Co (SHSE:603338) Cyclically Adjusted PS Ratio: 6.04 (As of Sep. 03, 2026) — 25% Below Median

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SHSE:603338 Zhejiang Dingli Machinery Co Ltd SHSE:603338
98 GF Score
Price ¥58.32
GF Value ¥69.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Zhejiang Dingli Machinery Co Cyclically Adjusted PS Ratio?

Zhejiang Dingli Machinery Co SHSE:603338 98 Cyclically Adjusted PS Ratio is 6.04 as of Sep. 03, 2026, which is 25% below its 10-year median of 8.08. GuruFocus rates SHSE:603338 with a GF Score™ of 98/100 and a GF Value™ of ¥69.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Zhejiang Dingli Machinery Co ranks worse than 93.98% on this metric.

As of today (2026-09-03), Zhejiang Dingli Machinery Co's current share price is ¥58.32. Zhejiang Dingli Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥9.65. Zhejiang Dingli Machinery Co's Cyclically Adjusted PS Ratio for today is 6.04.

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

SHSE:603338' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.76   Med: 8.08   Max: 12.07
Current: 6.05

During the past years, Zhejiang Dingli Machinery Co's highest Cyclically Adjusted PS Ratio was 12.07. The lowest was 4.76. And the median was 8.08.

SHSE:603338's Cyclically Adjusted PS Ratio is ranked worse than
93.98% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.055 vs SHSE:603338: 6.05

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 Dingli Machinery Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥5.843. 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 ¥9.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Dingli Machinery Co  (SHSE:603338) 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 Dingli Machinery Co Cyclically Adjusted PS Ratio Related Terms


Zhejiang Dingli Machinery Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Dingli Machinery 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 Dingli Machinery Co Cyclically Adjusted PS Ratio Chart

Zhejiang Dingli Machinery 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 9.04 9.19 6.55

Zhejiang Dingli Machinery 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 6.07 6.48 6.55 5.30 4.41

SHSE:603338 vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Zhejiang Dingli Machinery 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 Dingli Machinery Co Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhejiang Dingli Machinery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:603338
98GF Score
Zhejiang Dingli Machinery Co Ltd SHSE:603338
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Dingli Machinery 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 Dingli Machinery Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.32/9.65
=6.04

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

For example, Zhejiang Dingli Machinery 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)
=5.843/116.0564*116.0564
=5.843

Current CPI (Jun. 2026) = 116.0564.

Zhejiang Dingli Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.400 102.400 0.453
201612 0.454 102.600 0.514
201703 0.563 103.200 0.633
201706 0.683 103.100 0.769
201709 0.697 104.100 0.777
201712 0.604 104.500 0.671
201803 0.635 105.300 0.700
201806 0.980 104.900 1.084
201809 1.113 106.600 1.212
201812 0.801 106.500 0.873
201903 0.788 107.700 0.849
201906 0.975 107.700 1.051
201909 1.236 109.800 1.306
201912 1.971 111.200 2.057
202003 0.843 112.300 0.871
202006 2.247 110.400 2.362
202009 2.021 111.700 2.100
202012 0.995 111.500 1.036
202103 1.731 112.662 1.783
202106 3.554 111.769 3.690
202109 2.922 112.215 3.022
202112 1.950 113.108 2.001
202203 2.497 114.335 2.535
202206 3.289 114.558 3.332
202209 2.429 115.339 2.444
202212 2.514 115.116 2.535
202303 2.567 115.116 2.588
202306 3.543 114.558 3.589
202309 3.238 115.339 3.258
202312 3.126 114.781 3.161
202403 2.882 115.227 2.903
202406 4.741 114.781 4.794
202409 4.461 115.785 4.471
202412 3.317 114.893 3.351
202503 3.764 115.116 3.795
202506 4.805 114.907 4.853
202509 4.613 115.471 4.636
202512 3.747 115.832 3.754
202603 4.829 116.303 4.819
202606 5.843 116.056 5.843

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 6.04 mean?
Zhejiang Dingli Machinery Co (SHSE:603338) has a Cyclically Adjusted PS Ratio of 6.04 as of Sep. 03, 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 Dingli Machinery Co and its competitors. This is 25% below median its historical median of 8.08. Over the past decade, Zhejiang Dingli Machinery Co's Cyclically Adjusted PS Ratio has ranged from 4.76 to 12.07. According to the industry distribution chart, Zhejiang Dingli Machinery Co ranks #156 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 94%.
Is Zhejiang Dingli Machinery Co's Cyclically Adjusted PS Ratio too high?
Zhejiang Dingli Machinery Co's current Cyclically Adjusted PS Ratio of 6.04 is 25% below median its 10-year median of 8.08. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 12.07. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.06. Zhejiang Dingli Machinery Co's value of 6.04 is 472.5% above this industry median. Based on the distribution chart, Zhejiang Dingli Machinery Co ranks #156 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Dingli Machinery Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dingli Machinery Co's Cyclically Adjusted PS Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Zhejiang Dingli Machinery Co ranks #156 out of 166 companies for Cyclically Adjusted PS Ratio. This places Zhejiang Dingli Machinery Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Zhejiang Dingli Machinery Co's value of 6.04 is 472.5% above this benchmark. Historically, Zhejiang Dingli Machinery Co's own Cyclically Adjusted PS Ratio has ranged from 4.76 to 12.07 over the past decade. While the company's 10-year median is 8.08 vs. the industry median of 1.06, Zhejiang Dingli Machinery 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.06, based on 166 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 Dingli Machinery Co's current Cyclically Adjusted PS Ratio of 6.04 is 472.5% 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 Zhejiang Dingli Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Dingli Machinery Co's current Cyclically Adjusted PS Ratio is 6.04, which is 25% below median its own 10-year median of 8.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dingli Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co (SHSE:603338) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥69.78, compared to a current price of ¥58.32 — trading 16.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.04, which is 25% below median its 10-year median of 8.08 and 472.5% above the Farm & Heavy Construction Machinery industry median of 1.06. Zhejiang Dingli Machinery Co's overall GF Score™ is 98/100 with 2 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 Dingli Machinery Co (SHSE:603338), the current Cyclically Adjusted PS Ratio is 6.04 as of Sep. 03, 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 Dingli Machinery Co (SHSE:603338) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co stock appears to be undervalued. The current stock price of ¥58.32 is trading 16.4% below its estimated GF Value™ of ¥69.78. GuruFocus considers Zhejiang Dingli Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603338:

  • Cyclically Adjusted PS Ratio: 6.04 (25% below median its 10-year median of 8.08)
  • GF Value™: ¥69.78 vs. price of ¥58.32 (16.4% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 472.5% above the Farm & Heavy Construction Machinery median (#156 of 166)

No single metric tells the full story. See the SHSE:603338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Dingli Machinery Co Business Description

Address No. 188, Qihang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313219
Zhejiang Dingli Machinery Co Ltd is engaged in the research and development, production, and sales of aerial work machinery and industrial vehicles. The company manufactures a range of aerial work platforms, including electric, diesel, and hybrid boom lifts, scissor lifts, mast lifts, and specialized models. Its products are applied across industrial, commercial, construction, and engineering sectors, as well as in logistics, petrochemicals, shipbuilding, and specialized fields such as power grids, nuclear facilities, high-speed rail, airports, and tunnels.
98GF Score

Get the complete analysis for SHSE:603338

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

¥58.32
Price
¥69.78
GF Value