Runner (Xiamen) (SHSE:603408) Cyclically Adjusted PS Ratio: 1.20 (As of Aug. 31, 2026) — 10% Below Median

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SHSE:603408 Runner (Xiamen) Corp SHSE:603408
74 GF Score
Price ¥11.81
GF Value ¥15.18
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Runner (Xiamen) Cyclically Adjusted PS Ratio?

Runner (Xiamen) SHSE:603408 +1.46% 74 Cyclically Adjusted PS Ratio is 1.20 as of Aug. 31, 2026, which is 10% below its 10-year median of 1.34. GuruFocus rates SHSE:603408 with a GF Score™ of 74/100 and a GF Value™ of ¥15.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,284 Industrial Products companies, Runner (Xiamen) ranks better than 61.73% on this metric.

As of today (2026-08-31), Runner (Xiamen)'s current share price is ¥11.81. Runner (Xiamen)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ¥9.88. Runner (Xiamen)'s Cyclically Adjusted PS Ratio for today is 1.20.

The historical rank and industry rank for Runner (Xiamen)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603408' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.34   Max: 1.39
Current: 1.18

During the past 10 years, Runner (Xiamen)'s highest Cyclically Adjusted PS Ratio was 1.39. The lowest was 1.18. And the median was 1.34.

SHSE:603408's Cyclically Adjusted PS Ratio is ranked better than
61.73% of 2284 companies
in the Industrial Products industry
Industry Median: 1.82 vs SHSE:603408: 1.18

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.

Runner (Xiamen)'s adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥11.383. 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 ¥9.88 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Runner (Xiamen)  (SHSE:603408) 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.


Runner (Xiamen) Cyclically Adjusted PS Ratio Related Terms


Runner (Xiamen) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Runner (Xiamen)'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.

Runner (Xiamen) Cyclically Adjusted PS Ratio Chart

Runner (Xiamen) 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 1.37

Runner (Xiamen) 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 1.37 0.00 0.00

SHSE:603408 vs VLTO, ZWS, CECO: Cyclically Adjusted PS Ratio Comparison

For the Pollution & Treatment Controls subindustry, Runner (Xiamen)'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.


Runner (Xiamen) Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Runner (Xiamen)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Runner (Xiamen)'s Cyclically Adjusted PS Ratio falls into.


SHSE:603408
74GF Score
Runner (Xiamen) Corp SHSE:603408
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Runner (Xiamen) 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.

Runner (Xiamen)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.81/9.88
=1.20

* 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.

Runner (Xiamen)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Runner (Xiamen)'s adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=11.383/115.8323*115.8323
=11.383

Current CPI (Dec25) = 115.8323.

Runner (Xiamen) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.000 102.600 0.000
201712 7.692 104.500 8.526
201812 8.753 106.500 9.520
201912 8.433 111.200 8.784
202012 9.142 111.500 9.497
202112 10.518 113.108 10.771
202212 9.322 115.116 9.380
202312 9.691 114.781 9.780
202412 11.220 114.893 11.312
202512 11.383 115.832 11.383

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 1.20 mean?
Runner (Xiamen) (SHSE:603408) has a Cyclically Adjusted PS Ratio of 1.20 as of Aug. 31, 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 Runner (Xiamen) and its competitors. This is 10% below median its historical median of 1.34. Over the past decade, Runner (Xiamen)'s Cyclically Adjusted PS Ratio has ranged from 1.18 to 1.39. According to the industry distribution chart, Runner (Xiamen) ranks #874 out of 2284 companies in the Industrial Products industry, placing it in the top 38.3%.
Is Runner (Xiamen)'s Cyclically Adjusted PS Ratio too high?
Runner (Xiamen)'s current Cyclically Adjusted PS Ratio of 1.20 is 10% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 1.39. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Runner (Xiamen)'s value of 1.20 is 34.1% below this industry median. Based on the distribution chart, Runner (Xiamen) ranks #874 out of 2284 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Runner (Xiamen) has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Runner (Xiamen)'s Cyclically Adjusted PS Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Runner (Xiamen) ranks #874 out of 2284 companies for Cyclically Adjusted PS Ratio. This puts Runner (Xiamen) in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Runner (Xiamen)'s value of 1.20 is 34.1% below this benchmark. Historically, Runner (Xiamen)'s own Cyclically Adjusted PS Ratio has ranged from 1.18 to 1.39 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.82, Runner (Xiamen) 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.82, based on 2,284 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. Runner (Xiamen)'s current Cyclically Adjusted PS Ratio of 1.20 is 34.1% 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 Runner (Xiamen) and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Runner (Xiamen)'s current Cyclically Adjusted PS Ratio is 1.20, which is 10% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Runner (Xiamen) stock overvalued right now?
Based on GuruFocus' analysis, Runner (Xiamen) (SHSE:603408) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.18, compared to a current price of ¥11.81 — trading 22.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.20, which is 10% below median its 10-year median of 1.34 and 34.1% below the Industrial Products industry median of 1.82. Runner (Xiamen)'s overall GF Score™ is 74/100 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 Runner (Xiamen) (SHSE:603408), the current Cyclically Adjusted PS Ratio is 1.20 as of Aug. 31, 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 Runner (Xiamen) (SHSE:603408) Overvalued in 2026?

Based on GuruFocus' analysis, Runner (Xiamen) stock appears to be undervalued. The current stock price of ¥11.81 is trading 22.2% below its estimated GF Value™ of ¥15.18. GuruFocus considers Runner (Xiamen) to be Modestly Undervalued.

Key valuation signals for SHSE:603408:

  • Cyclically Adjusted PS Ratio: 1.20 (10% below median its 10-year median of 1.34)
  • GF Value™: ¥15.18 vs. price of ¥11.81 (22.2% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 34.1% below the Industrial Products median (#874 of 2284)

No single metric tells the full story. See the SHSE:603408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Runner (Xiamen) Business Description

Address No.69 Tianfeng Road, Jimei District, Fujian Province, Xiamen, CHN, 361021
Runner (Xiamen) Corp is engaged in Research, design, production and sales of kitchen and bathroom products, water purification products and other products.
74GF Score

Get the complete analysis for SHSE:603408

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

¥11.81
Price
¥15.18
GF Value