IReader Technology Co (SHSE:603533) Cyclically Adjusted PS Ratio: 3.66 (As of Aug. 23, 2026) — 10% Below Median

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SHSE:603533 IReader Technology Co Ltd SHSE:603533
79 GF Score
Price ¥20.95
GF Value ¥24.97
Valuation Modestly Undervalued
! 1 Warning Sign
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What is IReader Technology Co Cyclically Adjusted PS Ratio?

IReader Technology Co SHSE:603533 -1.78% 79 Cyclically Adjusted PS Ratio is 3.66 as of Aug. 23, 2026, which is 10% below its 10-year median of 4.08. GuruFocus rates SHSE:603533 with a GF Score™ of 79/100 and a GF Value™ of ¥24.97 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,595 Software companies, IReader Technology Co ranks worse than 71.03% on this metric.

As of today (2026-08-23), IReader Technology Co's current share price is ¥20.95. IReader Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥5.72. IReader Technology Co's Cyclically Adjusted PS Ratio for today is 3.66.

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

SHSE:603533' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.13   Med: 4.08   Max: 6.66
Current: 3.66

During the past years, IReader Technology Co's highest Cyclically Adjusted PS Ratio was 6.66. The lowest was 3.13. And the median was 4.08.

SHSE:603533's Cyclically Adjusted PS Ratio is ranked worse than
71.03% of 1595 companies
in the Software industry
Industry Median: 1.66 vs SHSE:603533: 3.66

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.

IReader Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.885. 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 ¥5.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IReader Technology Co  (SHSE:603533) 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.


IReader Technology Co Cyclically Adjusted PS Ratio Related Terms


IReader Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IReader Technology 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.

IReader Technology Co Cyclically Adjusted PS Ratio Chart

IReader Technology 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 3.92

IReader Technology 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 0.00 0.00 3.44 3.92 4.30

SHSE:603533 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, IReader Technology 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.


IReader Technology Co Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, IReader Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:603533
79GF Score
IReader Technology Co Ltd SHSE:603533
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IReader Technology 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.

IReader Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.95/5.72
=3.66

* 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.

IReader Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, IReader Technology 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)
=1.885/116.3033*116.3033
=1.885

Current CPI (Mar. 2026) = 116.3033.

IReader Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 100.600 0.000
201609 1.009 102.400 1.146
201612 0.995 102.600 1.128
201703 1.061 103.200 1.196
201706 1.153 103.100 1.301
201709 1.190 104.100 1.329
201712 1.048 104.500 1.166
201803 1.175 105.300 1.298
201806 1.214 104.900 1.346
201809 1.192 106.600 1.301
201812 1.198 106.500 1.308
201903 1.161 107.700 1.254
201906 1.092 107.700 1.179
201909 1.214 109.800 1.286
201912 1.211 111.200 1.267
202003 1.245 112.300 1.289
202006 1.238 110.400 1.304
202009 1.296 111.700 1.349
202012 1.467 111.500 1.530
202103 1.312 112.662 1.354
202106 1.225 111.769 1.275
202109 1.221 112.215 1.265
202112 1.062 113.108 1.092
202203 1.042 114.335 1.060
202206 1.734 114.558 1.760
202209 1.722 115.339 1.736
202212 1.452 115.116 1.467
202303 1.794 115.116 1.813
202306 1.296 114.558 1.316
202309 1.447 115.339 1.459
202312 1.981 114.781 2.007
202403 1.577 115.227 1.592
202406 1.495 114.781 1.515
202409 1.132 115.785 1.137
202412 1.629 114.893 1.649
202503 1.472 115.116 1.487
202506 1.950 114.907 1.974
202509 2.142 115.471 2.157
202512 1.783 115.832 1.790
202603 1.885 116.303 1.885

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 3.66 mean?
IReader Technology Co (SHSE:603533) has a Cyclically Adjusted PS Ratio of 3.66 as of Aug. 23, 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 IReader Technology Co and its competitors. This is 10% below median its historical median of 4.08. Over the past decade, IReader Technology Co's Cyclically Adjusted PS Ratio has ranged from 3.13 to 6.66. According to the industry distribution chart, IReader Technology Co ranks #1133 out of 1595 companies in the Software industry, placing it in the top 71%.
Is IReader Technology Co's Cyclically Adjusted PS Ratio too high?
IReader Technology Co's current Cyclically Adjusted PS Ratio of 3.66 is 10% below median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 6.66. The Software industry median Cyclically Adjusted PS Ratio is 1.66. IReader Technology Co's value of 3.66 is 120.5% above this industry median. Based on the distribution chart, IReader Technology Co ranks #1133 out of 1595 companies in the Software industry, which is below the industry midpoint. Overall, IReader Technology Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IReader Technology Co's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, IReader Technology Co ranks #1133 out of 1595 companies for Cyclically Adjusted PS Ratio. This places IReader Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. IReader Technology Co's value of 3.66 is 120.5% above this benchmark. Historically, IReader Technology Co's own Cyclically Adjusted PS Ratio has ranged from 3.13 to 6.66 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 1.66, IReader Technology 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,595 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. IReader Technology Co's current Cyclically Adjusted PS Ratio of 3.66 is 120.5% 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 IReader Technology Co and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IReader Technology Co's current Cyclically Adjusted PS Ratio is 3.66, which is 10% below median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IReader Technology Co stock overvalued right now?
Based on GuruFocus' analysis, IReader Technology Co (SHSE:603533) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.97, compared to a current price of ¥20.95 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.66, which is 10% below median its 10-year median of 4.08 and 120.5% above the Software industry median of 1.66. IReader Technology Co's overall GF Score™ is 79/100 with 1 warning sign 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 IReader Technology Co (SHSE:603533), the current Cyclically Adjusted PS Ratio is 3.66 as of Aug. 23, 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 IReader Technology Co (SHSE:603533) Overvalued in 2026?

Based on GuruFocus' analysis, IReader Technology Co stock appears to be undervalued. The current stock price of ¥20.95 is trading 16.1% below its estimated GF Value™ of ¥24.97. GuruFocus considers IReader Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603533:

  • Cyclically Adjusted PS Ratio: 3.66 (10% below median its 10-year median of 4.08)
  • GF Value™: ¥24.97 vs. price of ¥20.95 (16.1% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 120.5% above the Software median (#1133 of 1595)

No single metric tells the full story. See the SHSE:603533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IReader Technology Co Business Description

Address No.39, East Third Ring Road, 20307, ??Building 20, Jianwai SOHO Building, Chaoyang District, Beijing, CHN, 100022
IReader Technology Co Ltd operates as a mobile software development company. It develops, and markets mobile phone reading application known as iReader e-book reader, a software for mobile reading APP. The app is developed for both android and iPhone platform. Geographically the activities are carried out through China.
79GF Score

Get the complete analysis for SHSE:603533

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

¥20.95
Price
¥24.97
GF Value