UE Furniture Co (SHSE:603600) Cyclically Adjusted PS Ratio: 0.86 (As of Sep. 02, 2026) — 16% Below Median

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SHSE:603600 UE Furniture Co Ltd SHSE:603600
82 GF Score
Price ¥10.18
GF Value ¥13.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is UE Furniture Co Cyclically Adjusted PS Ratio?

UE Furniture Co SHSE:603600 +0.99% 82 Cyclically Adjusted PS Ratio is 0.86 as of Sep. 02, 2026, which is 16% below its 10-year median of 1.02. GuruFocus rates SHSE:603600 with a GF Score™ of 82/100 and a GF Value™ of ¥13.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 336 Furnishings, Fixtures & Appliances companies, UE Furniture Co ranks worse than 56.55% on this metric.

As of today (2026-09-02), UE Furniture Co's current share price is ¥10.18. UE Furniture Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥11.88. UE Furniture Co's Cyclically Adjusted PS Ratio for today is 0.86.

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

SHSE:603600' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.02   Max: 1.31
Current: 0.84

During the past years, UE Furniture Co's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.75. And the median was 1.02.

SHSE:603600's Cyclically Adjusted PS Ratio is ranked worse than
56.55% of 336 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.695 vs SHSE:603600: 0.84

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.

UE Furniture Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥4.107. 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 ¥11.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


UE Furniture Co  (SHSE:603600) 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.


UE Furniture Co Cyclically Adjusted PS Ratio Related Terms


UE Furniture Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for UE Furniture 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.

UE Furniture Co Cyclically Adjusted PS Ratio Chart

UE Furniture 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 1.14 1.13 1.03

UE Furniture 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 0.97 0.96 1.03 0.88 0.75

SHSE:603600 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, UE Furniture 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.


UE Furniture Co Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

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

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


SHSE:603600
82GF Score
UE Furniture Co Ltd SHSE:603600
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UE Furniture 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.

UE Furniture Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.18/11.88
=0.86

* 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.

UE Furniture Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, UE Furniture 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)
=4.107/116.0564*116.0564
=4.107

Current CPI (Jun. 2026) = 116.0564.

UE Furniture Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.534 102.400 1.739
201612 1.630 102.600 1.844
201703 1.445 103.200 1.625
201706 1.742 103.100 1.961
201709 1.866 104.100 2.080
201712 2.295 104.500 2.549
201803 1.878 105.300 2.070
201806 2.290 104.900 2.534
201809 2.027 106.600 2.207
201812 2.144 106.500 2.336
201903 1.791 107.700 1.930
201906 1.963 107.700 2.115
201909 2.054 109.800 2.171
201912 2.166 111.200 2.261
202003 1.497 112.300 1.547
202006 2.525 110.400 2.654
202009 3.669 111.700 3.812
202012 3.619 111.500 3.767
202103 3.512 112.662 3.618
202106 4.515 111.769 4.688
202109 3.400 112.215 3.516
202112 4.015 113.108 4.120
202203 3.414 114.335 3.465
202206 3.867 114.558 3.918
202209 3.330 115.339 3.351
202212 2.814 115.116 2.837
202303 2.290 115.116 2.309
202306 2.801 114.558 2.838
202309 2.942 115.339 2.960
202312 3.219 114.781 3.255
202403 2.609 115.227 2.628
202406 3.552 114.781 3.591
202409 4.091 115.785 4.101
202412 4.006 114.893 4.047
202503 2.984 115.116 3.008
202506 3.635 114.907 3.671
202509 3.949 115.471 3.969
202512 4.119 115.832 4.127
202603 3.486 116.303 3.479
202606 4.107 116.056 4.107

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 0.86 mean?
UE Furniture Co (SHSE:603600) has a Cyclically Adjusted PS Ratio of 0.86 as of Sep. 02, 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 UE Furniture Co and its competitors. This is 16% below median its historical median of 1.02. Over the past decade, UE Furniture Co's Cyclically Adjusted PS Ratio has ranged from 0.75 to 1.31. According to the industry distribution chart, UE Furniture Co ranks #190 out of 336 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 56.5%.
Is UE Furniture Co's Cyclically Adjusted PS Ratio too high?
UE Furniture Co's current Cyclically Adjusted PS Ratio of 0.86 is 16% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.31. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.70. UE Furniture Co's value of 0.86 is 23.7% above this industry median. Based on the distribution chart, UE Furniture Co ranks #190 out of 336 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, UE Furniture Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UE Furniture Co's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, UE Furniture Co ranks #190 out of 336 companies for Cyclically Adjusted PS Ratio. This places UE Furniture Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. UE Furniture Co's value of 0.86 is 23.7% above this benchmark. Historically, UE Furniture Co's own Cyclically Adjusted PS Ratio has ranged from 0.75 to 1.31 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.70, UE Furniture 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 0.70, based on 336 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. UE Furniture Co's current Cyclically Adjusted PS Ratio of 0.86 is 23.7% 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 UE Furniture Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UE Furniture Co's current Cyclically Adjusted PS Ratio is 0.86, which is 16% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UE Furniture Co stock overvalued right now?
Based on GuruFocus' analysis, UE Furniture Co (SHSE:603600) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.26, compared to a current price of ¥10.18 — trading 23.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.86, which is 16% below median its 10-year median of 1.02 and 23.7% above the Furnishings, Fixtures & Appliances industry median of 0.70. UE Furniture Co's overall GF Score™ is 82/100 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 UE Furniture Co (SHSE:603600), the current Cyclically Adjusted PS Ratio is 0.86 as of Sep. 02, 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 UE Furniture Co (SHSE:603600) Overvalued in 2026?

Based on GuruFocus' analysis, UE Furniture Co stock appears to be undervalued. The current stock price of ¥10.18 is trading 23.2% below its estimated GF Value™ of ¥13.26. GuruFocus considers UE Furniture Co to be Modestly Undervalued.

Key valuation signals for SHSE:603600:

  • Cyclically Adjusted PS Ratio: 0.86 (16% below median its 10-year median of 1.02)
  • GF Value™: ¥13.26 vs. price of ¥10.18 (23.2% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 23.7% above the Furnishings, Fixtures & Appliances median (#190 of 336)

No single metric tells the full story. See the SHSE:603600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UE Furniture Co Business Description

Address No.1, Yongyi West Road, Dipu Town, Zhejiang Province, Huzhou, Anji County, CHN, 313300
UE Furniture Co Ltd is specialized in the research, development, production, and sales of seats. Its products involve office chairs and training, Training chairs, massage chairs, leisure chairs, children's chairs, partly functional seating metal parts sofas and functional seat accessories.
82GF Score

Get the complete analysis for SHSE:603600

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

¥10.18
Price
¥13.26
GF Value