A-Zenith Home Furnishings Co (SHSE:603389) Cyclically Adjusted PS Ratio: 29.39 (As of Aug. 21, 2026) — 88% Above Median

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SHSE:603389 A-Zenith Home Furnishings Co Ltd SHSE:603389
47 GF Score
Price ¥45.85
GF Value ¥21.43
Valuation Significantly Overvalued
! 3 Warning Signs
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What is A-Zenith Home Furnishings Co Cyclically Adjusted PS Ratio?

A-Zenith Home Furnishings Co SHSE:603389 -0.82% 47 Cyclically Adjusted PS Ratio is 29.39 as of Aug. 21, 2026, which is 88% above its 10-year median of 15.63. GuruFocus rates SHSE:603389 with a GF Score™ of 47/100 and a GF Value™ of ¥21.43 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 334 Furnishings, Fixtures & Appliances companies, A-Zenith Home Furnishings Co ranks worse than 99.4% on this metric.

As of today (2026-08-21), A-Zenith Home Furnishings Co's current share price is ¥45.85. A-Zenith Home Furnishings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.56. A-Zenith Home Furnishings Co's Cyclically Adjusted PS Ratio for today is 29.39.

The historical rank and industry rank for A-Zenith Home Furnishings Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603389' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.97   Med: 15.63   Max: 44.83
Current: 28.18

During the past years, A-Zenith Home Furnishings Co's highest Cyclically Adjusted PS Ratio was 44.83. The lowest was 2.97. And the median was 15.63.

SHSE:603389's Cyclically Adjusted PS Ratio is ranked worse than
99.4% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.715 vs SHSE:603389: 28.18

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.

A-Zenith Home Furnishings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.471. 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 ¥1.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


A-Zenith Home Furnishings Co  (SHSE:603389) 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.


A-Zenith Home Furnishings Co Cyclically Adjusted PS Ratio Related Terms


A-Zenith Home Furnishings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for A-Zenith Home Furnishings 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.

A-Zenith Home Furnishings Co Cyclically Adjusted PS Ratio Chart

A-Zenith Home Furnishings 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 4.11 28.96

A-Zenith Home Furnishings Co Quarterly Data
Jun21 Sep21 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 3.39 11.75 26.54 28.96 27.67

SHSE:603389 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, A-Zenith Home Furnishings 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.


A-Zenith Home Furnishings Co Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, A-Zenith Home Furnishings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A-Zenith Home Furnishings Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603389
47GF Score
A-Zenith Home Furnishings Co Ltd SHSE:603389
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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A-Zenith Home Furnishings 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.

A-Zenith Home Furnishings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.85/1.56
=29.39

* 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.

A-Zenith Home Furnishings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, A-Zenith Home Furnishings Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.471/116.3033*116.3033
=0.471

Current CPI (Mar. 2026) = 116.3033.

A-Zenith Home Furnishings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.748 101.400 0.858
201609 0.632 102.400 0.718
201612 0.954 102.600 1.081
201703 0.297 103.200 0.335
201706 0.664 103.100 0.749
201709 0.470 104.100 0.525
201712 0.779 104.500 0.867
201803 0.313 105.300 0.346
201806 0.475 104.900 0.527
201809 0.308 106.600 0.336
201812 0.565 106.500 0.617
201903 0.317 107.700 0.342
201906 0.394 107.700 0.425
201909 0.353 109.800 0.374
201912 0.363 111.200 0.380
202003 0.104 112.300 0.108
202006 0.249 110.400 0.262
202009 0.271 111.700 0.282
202012 0.438 111.500 0.457
202103 0.189 112.662 0.195
202106 0.305 111.769 0.317
202109 0.267 112.215 0.277
202112 0.272 113.108 0.280
202203 0.194 114.335 0.197
202206 0.168 114.558 0.171
202209 0.245 115.339 0.247
202212 0.291 115.116 0.294
202303 0.173 115.116 0.175
202306 0.227 114.558 0.230
202309 0.169 115.339 0.170
202312 0.179 114.781 0.181
202403 0.125 115.227 0.126
202406 0.278 114.781 0.282
202409 0.162 115.785 0.163
202412 0.131 114.893 0.133
202503 0.153 115.116 0.155
202506 0.153 114.907 0.155
202509 0.225 115.471 0.227
202512 1.523 115.832 1.529
202603 0.471 116.303 0.471

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 29.39 mean?
A-Zenith Home Furnishings Co (SHSE:603389) has a Cyclically Adjusted PS Ratio of 29.39 as of Aug. 21, 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 A-Zenith Home Furnishings Co and its competitors. This is 88% above median its historical median of 15.63. Over the past decade, A-Zenith Home Furnishings Co's Cyclically Adjusted PS Ratio has ranged from 2.97 to 44.83. According to the industry distribution chart, A-Zenith Home Furnishings Co ranks #332 out of 334 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 99.4%.
Is A-Zenith Home Furnishings Co's Cyclically Adjusted PS Ratio too high?
A-Zenith Home Furnishings Co's current Cyclically Adjusted PS Ratio of 29.39 is 88% above median its 10-year median of 15.63. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 44.83. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.72. A-Zenith Home Furnishings Co's value of 29.39 is 4010.5% above this industry median. Based on the distribution chart, A-Zenith Home Furnishings Co ranks #332 out of 334 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, A-Zenith Home Furnishings Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A-Zenith Home Furnishings Co's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, A-Zenith Home Furnishings Co ranks #332 out of 334 companies for Cyclically Adjusted PS Ratio. This places A-Zenith Home Furnishings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. A-Zenith Home Furnishings Co's value of 29.39 is 4010.5% above this benchmark. Historically, A-Zenith Home Furnishings Co's own Cyclically Adjusted PS Ratio has ranged from 2.97 to 44.83 over the past decade. While the company's 10-year median is 15.63 vs. the industry median of 0.72, A-Zenith Home Furnishings 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.72, based on 334 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. A-Zenith Home Furnishings Co's current Cyclically Adjusted PS Ratio of 29.39 is 4010.5% 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 A-Zenith Home Furnishings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A-Zenith Home Furnishings Co's current Cyclically Adjusted PS Ratio is 29.39, which is 88% above median its own 10-year median of 15.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A-Zenith Home Furnishings Co stock overvalued right now?
Based on GuruFocus' analysis, A-Zenith Home Furnishings Co (SHSE:603389) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.43, compared to a current price of ¥45.85 — trading 114% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 29.39, which is 88% above median its 10-year median of 15.63 and 4010.5% above the Furnishings, Fixtures & Appliances industry median of 0.72. A-Zenith Home Furnishings Co's overall GF Score™ is 47/100 with 3 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 A-Zenith Home Furnishings Co (SHSE:603389), the current Cyclically Adjusted PS Ratio is 29.39 as of Aug. 21, 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 A-Zenith Home Furnishings Co (SHSE:603389) Overvalued in 2026?

Based on GuruFocus' analysis, A-Zenith Home Furnishings Co stock appears to be overvalued. The current stock price of ¥45.85 is trading 114% above its estimated GF Value™ of ¥21.43. GuruFocus considers A-Zenith Home Furnishings Co to be Significantly Overvalued.

Key valuation signals for SHSE:603389:

  • Cyclically Adjusted PS Ratio: 29.39 (88% above median its 10-year median of 15.63)
  • GF Value™: ¥21.43 vs. price of ¥45.85 (114% above fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 4010.5% above the Furnishings, Fixtures & Appliances median (#332 of 334)

No single metric tells the full story. See the SHSE:603389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A-Zenith Home Furnishings Co Business Description

Address Yazhen Bridge, Caobu Town, Rudong County, Jiangsu Province, Shanghai, CHN, 226400
A-Zenith Home Furnishings Co Ltd is engaged in designing, manufacturing and selling of furniture. Its products include bedroom furniture, study furniture, restaurant furniture, and parlor furniture.
47GF Score

Get the complete analysis for SHSE:603389

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

¥45.85
Price
¥21.43
GF Value