Zhejiang Tony Electronic Co (SHSE:603595) Cyclically Adjusted PS Ratio: 4.13 (As of Aug. 23, 2026) — 26% Above Median

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SHSE:603595 Zhejiang Tony Electronic Co Ltd SHSE:603595
72 GF Score
Price ¥26.13
GF Value ¥22.71
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Zhejiang Tony Electronic Co Cyclically Adjusted PS Ratio?

Zhejiang Tony Electronic Co SHSE:603595 +0.50% 72 Cyclically Adjusted PS Ratio is 4.13 as of Aug. 23, 2026, which is 26% above its 10-year median of 3.29. GuruFocus rates SHSE:603595 with a GF Score™ of 72/100 and a GF Value™ of ¥22.71 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,283 Industrial Products companies, Zhejiang Tony Electronic Co ranks worse than 75.25% on this metric.

As of today (2026-08-23), Zhejiang Tony Electronic Co's current share price is ¥26.13. Zhejiang Tony Electronic Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥6.32. Zhejiang Tony Electronic Co's Cyclically Adjusted PS Ratio for today is 4.13.

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

SHSE:603595' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3.29   Max: 5.85
Current: 4.14

During the past years, Zhejiang Tony Electronic Co's highest Cyclically Adjusted PS Ratio was 5.85. The lowest was 2.28. And the median was 3.29.

SHSE:603595's Cyclically Adjusted PS Ratio is ranked worse than
75.25% of 2283 companies
in the Industrial Products industry
Industry Median: 1.8 vs SHSE:603595: 4.14

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.

Zhejiang Tony Electronic Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥2.556. 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 ¥6.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Tony Electronic Co  (SHSE:603595) 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.


Zhejiang Tony Electronic Co Cyclically Adjusted PS Ratio Related Terms


Zhejiang Tony Electronic Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co Cyclically Adjusted PS Ratio Chart

Zhejiang Tony Electronic 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 2.79

Zhejiang Tony Electronic 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 3.51 3.40 4.38 2.79 2.43

SHSE:603595 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Zhejiang Tony Electronic 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.


Zhejiang Tony Electronic Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tony Electronic Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Tony Electronic Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603595
72GF Score
Zhejiang Tony Electronic Co Ltd SHSE:603595
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.13/6.32
=4.13

* 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.

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

For example, Zhejiang Tony Electronic 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)
=2.556/116.3033*116.3033
=2.556

Current CPI (Mar. 2026) = 116.3033.

Zhejiang Tony Electronic Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.562 101.400 0.645
201609 0.664 102.400 0.754
201612 0.779 102.600 0.883
201703 0.636 103.200 0.717
201706 0.954 103.100 1.076
201709 1.084 104.100 1.211
201712 1.310 104.500 1.458
201803 2.060 105.300 2.275
201806 0.933 104.900 1.034
201809 1.175 106.600 1.282
201812 0.782 106.500 0.854
201903 0.438 107.700 0.473
201906 0.595 107.700 0.643
201909 1.200 109.800 1.271
201912 1.003 111.200 1.049
202003 0.661 112.300 0.685
202006 0.720 110.400 0.758
202009 1.126 111.700 1.172
202012 1.641 111.500 1.712
202103 1.108 112.662 1.144
202106 1.219 111.769 1.268
202109 2.079 112.215 2.155
202112 2.064 113.108 2.122
202203 1.669 114.335 1.698
202206 1.894 114.558 1.923
202209 2.647 115.339 2.669
202212 1.947 115.116 1.967
202303 1.435 115.116 1.450
202306 1.939 114.558 1.969
202309 2.463 115.339 2.484
202312 2.049 114.781 2.076
202403 1.909 115.227 1.927
202406 1.731 114.781 1.754
202409 2.402 115.785 2.413
202412 2.579 114.893 2.611
202503 1.967 115.116 1.987
202506 1.710 114.907 1.731
202509 2.270 115.471 2.286
202512 3.027 115.832 3.039
202603 2.556 116.303 2.556

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 4.13 mean?
Zhejiang Tony Electronic Co (SHSE:603595) has a Cyclically Adjusted PS Ratio of 4.13 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 Zhejiang Tony Electronic Co and its competitors. This is 26% above median its historical median of 3.29. Over the past decade, Zhejiang Tony Electronic Co's Cyclically Adjusted PS Ratio has ranged from 2.28 to 5.85. According to the industry distribution chart, Zhejiang Tony Electronic Co ranks #1718 out of 2283 companies in the Industrial Products industry, placing it in the top 75.3%.
Is Zhejiang Tony Electronic Co's Cyclically Adjusted PS Ratio too high?
Zhejiang Tony Electronic Co's current Cyclically Adjusted PS Ratio of 4.13 is 26% above median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 5.85. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. Zhejiang Tony Electronic Co's value of 4.13 is 129.4% above this industry median. Based on the distribution chart, Zhejiang Tony Electronic Co ranks #1718 out of 2283 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Tony Electronic Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tony Electronic Co's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Tony Electronic Co ranks #1718 out of 2283 companies for Cyclically Adjusted PS Ratio. This places Zhejiang Tony Electronic Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. Zhejiang Tony Electronic Co's value of 4.13 is 129.4% above this benchmark. Historically, Zhejiang Tony Electronic Co's own Cyclically Adjusted PS Ratio has ranged from 2.28 to 5.85 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 1.80, Zhejiang Tony Electronic 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. Zhejiang Tony Electronic Co's current Cyclically Adjusted PS Ratio of 4.13 is 129.4% 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 Zhejiang Tony Electronic 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. Zhejiang Tony Electronic Co's current Cyclically Adjusted PS Ratio is 4.13, which is 26% above median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tony Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tony Electronic Co (SHSE:603595) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.71, compared to a current price of ¥26.13 — trading 15.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.13, which is 26% above median its 10-year median of 3.29 and 129.4% above the Industrial Products industry median of 1.80. Zhejiang Tony Electronic Co's overall GF Score™ is 72/100 with 5 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 Zhejiang Tony Electronic Co (SHSE:603595), the current Cyclically Adjusted PS Ratio is 4.13 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 Zhejiang Tony Electronic Co (SHSE:603595) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Tony Electronic Co stock appears to be overvalued. The current stock price of ¥26.13 is trading 15.1% above its estimated GF Value™ of ¥22.71. GuruFocus considers Zhejiang Tony Electronic Co to be Modestly Overvalued.

Key valuation signals for SHSE:603595:

  • Cyclically Adjusted PS Ratio: 4.13 (26% above median its 10-year median of 3.29)
  • GF Value™: ¥22.71 vs. price of ¥26.13 (15.1% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 129.4% above the Industrial Products median (#1718 of 2283)

No single metric tells the full story. See the SHSE:603595 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Tony Electronic Co Business Description

Address China Town Road No.88, Wuzhou District, Zhejiang Province, Huzhou City, CHN, 313008
Zhejiang Tony Electronic Co Ltd is engaged in the research, manufacturing, and marketing of ultra-fine alloy wire and other metal matrix composite. The major products are ultra-fine conductors and laminating wires. Its ultra-fine conductors and laminating wires are widely applied in electronic, new energy automobile, medical apparatus, and intelligent robot fields; and diamond cutting lines are mainly used in the cutting of hard and brittle materials such as silicon and sapphire.
72GF Score

Get the complete analysis for SHSE:603595

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

¥26.13
Price
¥22.71
GF Value