Asia Cuanon Technology (Shanghai) Co (SHSE:603378) Cyclically Adjusted PS Ratio: 1.23 (As of Sep. 04, 2026) — 31% Above Median

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SHSE:603378 Asia Cuanon Technology (Shanghai) Co Ltd SHSE:603378
24 GF Score
Price ¥7.29
GF Value ¥1.00
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Asia Cuanon Technology (Shanghai) Co Cyclically Adjusted PS Ratio?

Asia Cuanon Technology (Shanghai) Co SHSE:603378 +8.00% 24 Cyclically Adjusted PS Ratio is 1.23 as of Sep. 04, 2026, which is 31% above its 10-year median of 0.94. GuruFocus rates SHSE:603378 with a GF Score™ of 24/100 and a GF Value™ of ¥1.00 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,269 Chemicals companies, Asia Cuanon Technology (Shanghai) Co ranks better than 55.56% on this metric.

As of today (2026-09-04), Asia Cuanon Technology (Shanghai) Co's current share price is ¥7.29. Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥5.95. Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted PS Ratio for today is 1.23.

The historical rank and industry rank for Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603378' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.94   Max: 1.42
Current: 1.13

During the past years, Asia Cuanon Technology (Shanghai) Co's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.73. And the median was 0.94.

SHSE:603378's Cyclically Adjusted PS Ratio is ranked better than
55.56% of 1269 companies
in the Chemicals industry
Industry Median: 1.34 vs SHSE:603378: 1.13

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.

Asia Cuanon Technology (Shanghai) Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥0.213. 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 ¥5.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Cuanon Technology (Shanghai) Co  (SHSE:603378) 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.


Asia Cuanon Technology (Shanghai) Co Cyclically Adjusted PS Ratio Related Terms


Asia Cuanon Technology (Shanghai) Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asia Cuanon Technology (Shanghai) 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.

Asia Cuanon Technology (Shanghai) Co Cyclically Adjusted PS Ratio Chart

Asia Cuanon Technology (Shanghai) 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 1.10

Asia Cuanon Technology (Shanghai) 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 0.94 0.90 1.10 0.94 0.81

SHSE:603378 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Asia Cuanon Technology (Shanghai) 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.


Asia Cuanon Technology (Shanghai) Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603378
24GF Score
Asia Cuanon Technology (Shanghai) Co Ltd SHSE:603378
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Cuanon Technology (Shanghai) 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.

Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.29/5.95
=1.23

* 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.

Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Asia Cuanon Technology (Shanghai) 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)
=0.213/116.0564*116.0564
=0.213

Current CPI (Jun. 2026) = 116.0564.

Asia Cuanon Technology (Shanghai) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.083 102.400 1.227
201612 1.075 102.600 1.216
201703 0.593 103.200 0.667
201706 1.133 103.100 1.275
201709 1.369 104.100 1.526
201712 0.952 104.500 1.057
201803 0.439 105.300 0.484
201806 1.160 104.900 1.283
201809 1.254 106.600 1.365
201812 1.163 106.500 1.267
201903 0.674 107.700 0.726
201906 1.558 107.700 1.679
201909 1.981 109.800 2.094
201912 1.679 111.200 1.752
202003 0.569 112.300 0.588
202006 2.591 110.400 2.724
202009 2.688 111.700 2.793
202012 2.713 111.500 2.824
202103 1.057 112.662 1.089
202106 3.996 111.769 4.149
202109 4.613 112.215 4.771
202112 2.403 113.108 2.466
202203 1.668 114.335 1.693
202206 1.784 114.558 1.807
202209 1.830 115.339 1.841
202212 1.728 115.116 1.742
202303 1.232 115.116 1.242
202306 2.107 114.558 2.135
202309 2.214 115.339 2.228
202312 1.638 114.781 1.656
202403 0.685 115.227 0.690
202406 1.420 114.781 1.436
202409 1.556 115.785 1.560
202412 1.039 114.893 1.050
202503 0.247 115.116 0.249
202506 0.384 114.907 0.388
202509 0.299 115.471 0.301
202512 0.150 115.832 0.150
202603 0.084 116.303 0.084
202606 0.213 116.056 0.213

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 1.23 mean?
Asia Cuanon Technology (Shanghai) Co (SHSE:603378) has a Cyclically Adjusted PS Ratio of 1.23 as of Sep. 04, 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 Asia Cuanon Technology (Shanghai) Co and its competitors. This is 31% above median its historical median of 0.94. Over the past decade, Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted PS Ratio has ranged from 0.73 to 1.42. According to the industry distribution chart, Asia Cuanon Technology (Shanghai) Co ranks #564 out of 1269 companies in the Chemicals industry, placing it in the top 44.4%.
Is Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted PS Ratio too high?
Asia Cuanon Technology (Shanghai) Co's current Cyclically Adjusted PS Ratio of 1.23 is 31% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.42. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Asia Cuanon Technology (Shanghai) Co's value of 1.23 is 8.2% below this industry median. Based on the distribution chart, Asia Cuanon Technology (Shanghai) Co ranks #564 out of 1269 companies in the Chemicals industry, which is above the industry midpoint. Overall, Asia Cuanon Technology (Shanghai) Co has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Cuanon Technology (Shanghai) Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Cuanon Technology (Shanghai) Co ranks #564 out of 1269 companies for Cyclically Adjusted PS Ratio. This puts Asia Cuanon Technology (Shanghai) Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Asia Cuanon Technology (Shanghai) Co's value of 1.23 is 8.2% below this benchmark. Historically, Asia Cuanon Technology (Shanghai) Co's own Cyclically Adjusted PS Ratio has ranged from 0.73 to 1.42 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.34, Asia Cuanon Technology (Shanghai) Co has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,269 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. Asia Cuanon Technology (Shanghai) Co's current Cyclically Adjusted PS Ratio of 1.23 is 8.2% below 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 Asia Cuanon Technology (Shanghai) Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Cuanon Technology (Shanghai) Co's current Cyclically Adjusted PS Ratio is 1.23, which is 31% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cuanon Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Cuanon Technology (Shanghai) Co (SHSE:603378) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.00, compared to a current price of ¥7.29 — trading 629% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.23, which is 31% above median its 10-year median of 0.94 and 8.2% below the Chemicals industry median of 1.34. Asia Cuanon Technology (Shanghai) Co's overall GF Score™ is 24/100 with 10 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 Asia Cuanon Technology (Shanghai) Co (SHSE:603378), the current Cyclically Adjusted PS Ratio is 1.23 as of Sep. 04, 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 Asia Cuanon Technology (Shanghai) Co (SHSE:603378) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Cuanon Technology (Shanghai) Co stock appears to be overvalued. The current stock price of ¥7.29 is trading 629% above its estimated GF Value™ of ¥1.00. GuruFocus considers Asia Cuanon Technology (Shanghai) Co to be Significantly Overvalued.

Key valuation signals for SHSE:603378:

  • Cyclically Adjusted PS Ratio: 1.23 (31% above median its 10-year median of 0.94)
  • GF Value™: ¥1.00 vs. price of ¥7.29 (629% above fair value)
  • GF Score™: 24/100 with 10 warning signs
  • Industry Position: 8.2% below the Chemicals median (#564 of 1269)

No single metric tells the full story. See the SHSE:603378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Cuanon Technology (Shanghai) Co Business Description

Address No. 28 Xintao Road, 3rd and 4th floor, Comprehensive Building, Qingpu Industrial Park, Shanghai, CHN, 201707
Asia Cuanon Technology (Shanghai) Co Ltd is engaged in research and development, manufacturing and service of functional architectural coatings, thermal insulation decorative panels, fireproof and thermal insulation materials. The company's products are widely used in real estate, residential community, hotel/office, and public construction projects.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥7.29
Price
¥1.00
GF Value