AA Industrial Belting (Shanghai) Co (SHSE:603580) Cyclically Adjusted PS Ratio: 42.08 (As of Aug. 24, 2026) — 285% Above Median

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SHSE:603580 AA Industrial Belting (Shanghai) Co Ltd SHSE:603580
57 GF Score
Price ¥72.80
GF Value ¥40.85
Valuation Significantly Overvalued
! 10 Warning Signs
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What is AA Industrial Belting (Shanghai) Co Cyclically Adjusted PS Ratio?

AA Industrial Belting (Shanghai) Co SHSE:603580 -9.88% 57 Cyclically Adjusted PS Ratio is 42.08 as of Aug. 24, 2026, which is 285% above its 10-year median of 10.93. GuruFocus rates SHSE:603580 with a GF Score™ of 57/100 and a GF Value™ of ¥40.85 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,283 Industrial Products companies, AA Industrial Belting (Shanghai) Co ranks worse than 99.52% on this metric.

As of today (2026-08-24), AA Industrial Belting (Shanghai) Co's current share price is ¥72.80. AA Industrial Belting (Shanghai) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥1.73. AA Industrial Belting (Shanghai) Co's Cyclically Adjusted PS Ratio for today is 42.08.

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

SHSE:603580' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.11   Med: 10.93   Max: 46.69
Current: 46.62

During the past years, AA Industrial Belting (Shanghai) Co's highest Cyclically Adjusted PS Ratio was 46.69. The lowest was 5.11. And the median was 10.93.

SHSE:603580's Cyclically Adjusted PS Ratio is ranked worse than
99.52% of 2283 companies
in the Industrial Products industry
Industry Median: 1.8 vs SHSE:603580: 46.62

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.

AA Industrial Belting (Shanghai) Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥0.888. 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 ¥1.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AA Industrial Belting (Shanghai) Co  (SHSE:603580) 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.


AA Industrial Belting (Shanghai) Co Cyclically Adjusted PS Ratio Related Terms


AA Industrial Belting (Shanghai) Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AA Industrial Belting (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.

AA Industrial Belting (Shanghai) Co Cyclically Adjusted PS Ratio Chart

AA Industrial Belting (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 9.58 11.43 9.90

AA Industrial Belting (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 9.86 9.36 9.90 10.37 14.07

SHSE:603580 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, AA Industrial Belting (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.


AA Industrial Belting (Shanghai) Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

* The bar in red indicates where AA Industrial Belting (Shanghai) Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603580
57GF Score
AA Industrial Belting (Shanghai) Co Ltd SHSE:603580
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AA Industrial Belting (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.

AA Industrial Belting (Shanghai) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.80/1.73
=42.08

* 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.

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

For example, AA Industrial Belting (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)
=0.888/116.0564*116.0564
=0.888

Current CPI (Jun. 2026) = 116.0564.

AA Industrial Belting (Shanghai) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.402 102.400 0.456
201612 0.402 102.600 0.455
201703 0.354 103.200 0.398
201706 0.354 103.100 0.398
201709 0.321 104.100 0.358
201712 0.305 104.500 0.339
201803 0.305 105.300 0.336
201806 0.520 104.900 0.575
201809 0.423 106.600 0.461
201812 0.341 106.500 0.372
201903 0.303 107.700 0.327
201906 0.389 107.700 0.419
201909 0.436 109.800 0.461
201912 0.353 111.200 0.368
202003 0.276 112.300 0.285
202006 0.368 110.400 0.387
202009 0.536 111.700 0.557
202012 0.306 111.500 0.319
202103 0.340 112.662 0.350
202106 0.653 111.769 0.678
202109 0.590 112.215 0.610
202112 0.349 113.108 0.358
202203 0.291 114.335 0.295
202206 0.380 114.558 0.385
202209 0.418 115.339 0.421
202212 0.258 115.116 0.260
202303 0.241 115.116 0.243
202306 0.305 114.558 0.309
202309 0.353 115.339 0.355
202312 0.287 114.781 0.290
202403 0.279 115.227 0.281
202406 0.385 114.781 0.389
202409 0.323 115.785 0.324
202412 0.295 114.893 0.298
202503 0.365 115.116 0.368
202506 0.417 114.907 0.421
202509 0.688 115.471 0.691
202512 1.055 115.832 1.057
202603 0.786 116.303 0.784
202606 0.888 116.056 0.888

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 42.08 mean?
AA Industrial Belting (Shanghai) Co (SHSE:603580) has a Cyclically Adjusted PS Ratio of 42.08 as of Aug. 24, 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 AA Industrial Belting (Shanghai) Co and its competitors. This is 285% above median its historical median of 10.93. Over the past decade, AA Industrial Belting (Shanghai) Co's Cyclically Adjusted PS Ratio has ranged from 5.11 to 46.69. According to the industry distribution chart, AA Industrial Belting (Shanghai) Co ranks #2272 out of 2283 companies in the Industrial Products industry, placing it in the top 99.5%.
Is AA Industrial Belting (Shanghai) Co's Cyclically Adjusted PS Ratio too high?
AA Industrial Belting (Shanghai) Co's current Cyclically Adjusted PS Ratio of 42.08 is 285% above median its 10-year median of 10.93. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 46.69. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. AA Industrial Belting (Shanghai) Co's value of 42.08 is 2237.8% above this industry median. Based on the distribution chart, AA Industrial Belting (Shanghai) Co ranks #2272 out of 2283 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, AA Industrial Belting (Shanghai) Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AA Industrial Belting (Shanghai) Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, AA Industrial Belting (Shanghai) Co ranks #2272 out of 2283 companies for Cyclically Adjusted PS Ratio. This places AA Industrial Belting (Shanghai) Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. AA Industrial Belting (Shanghai) Co's value of 42.08 is 2237.8% above this benchmark. Historically, AA Industrial Belting (Shanghai) Co's own Cyclically Adjusted PS Ratio has ranged from 5.11 to 46.69 over the past decade. While the company's 10-year median is 10.93 vs. the industry median of 1.80, AA Industrial Belting (Shanghai) 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.80, based on 2,283 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. AA Industrial Belting (Shanghai) Co's current Cyclically Adjusted PS Ratio of 42.08 is 2237.8% 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 AA Industrial Belting (Shanghai) Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AA Industrial Belting (Shanghai) Co's current Cyclically Adjusted PS Ratio is 42.08, which is 285% above median its own 10-year median of 10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Industrial Belting (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, AA Industrial Belting (Shanghai) Co (SHSE:603580) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥40.85, compared to a current price of ¥72.80 — trading 78.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 42.08, which is 285% above median its 10-year median of 10.93 and 2237.8% above the Industrial Products industry median of 1.80. AA Industrial Belting (Shanghai) Co's overall GF Score™ is 57/100 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 AA Industrial Belting (Shanghai) Co (SHSE:603580), the current Cyclically Adjusted PS Ratio is 42.08 as of Aug. 24, 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 AA Industrial Belting (Shanghai) Co (SHSE:603580) Overvalued in 2026?

Based on GuruFocus' analysis, AA Industrial Belting (Shanghai) Co stock appears to be overvalued. The current stock price of ¥72.80 is trading 78.2% above its estimated GF Value™ of ¥40.85. GuruFocus considers AA Industrial Belting (Shanghai) Co to be Significantly Overvalued.

Key valuation signals for SHSE:603580:

  • Cyclically Adjusted PS Ratio: 42.08 (285% above median its 10-year median of 10.93)
  • GF Value™: ¥40.85 vs. price of ¥72.80 (78.2% above fair value)
  • GF Score™: 57/100 with 10 warning signs
  • Industry Position: 2237.8% above the Industrial Products median (#2272 of 2283)

No single metric tells the full story. See the SHSE:603580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AA Industrial Belting (Shanghai) Co Business Description

Address 580 Xiangyin Road, Shanghai, CHN, 200433
AA Industrial Belting (Shanghai) Co Ltd is specialized in the research and development of light conveyor belts. Its main products include thermoplastic urethane (TPU) conveyor belts, thermoplastic polyester elastomeric (TPEE) conveyor belts, polyvinyl chloride (PVC) conveyor belts, polyethylene (PE) conveyor belts and seamless conveyor belts. Its product is widely used in food processing, airport logistics, textile printing, automotive and steel processing, tyre, tobacco, and aluminum industry.
57GF Score

Get the complete analysis for SHSE:603580

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

¥72.80
Price
¥40.85
GF Value