Chongqing Zaisheng Technology Co (SHSE:603601) Cyclically Adjusted PS Ratio: 6.68 (As of Sep. 01, 2026) — 69% Above Median

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SHSE:603601 Chongqing Zaisheng Technology Co Ltd SHSE:603601
69 GF Score
Price ¥9.08
GF Value ¥3.25
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Chongqing Zaisheng Technology Co Cyclically Adjusted PS Ratio?

Chongqing Zaisheng Technology Co SHSE:603601 -0.98% 69 Cyclically Adjusted PS Ratio is 6.68 as of Sep. 01, 2026, which is 69% above its 10-year median of 3.96. GuruFocus rates SHSE:603601 with a GF Score™ of 69/100 and a GF Value™ of ¥3.25 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,269 Chemicals companies, Chongqing Zaisheng Technology Co ranks worse than 89.44% on this metric.

As of today (2026-09-01), Chongqing Zaisheng Technology Co's current share price is ¥9.08. Chongqing Zaisheng Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥1.36. Chongqing Zaisheng Technology Co's Cyclically Adjusted PS Ratio for today is 6.68.

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

SHSE:603601' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.22   Med: 3.96   Max: 15.81
Current: 6.67

During the past years, Chongqing Zaisheng Technology Co's highest Cyclically Adjusted PS Ratio was 15.81. The lowest was 2.22. And the median was 3.96.

SHSE:603601's Cyclically Adjusted PS Ratio is ranked worse than
89.44% of 1269 companies
in the Chemicals industry
Industry Median: 1.34 vs SHSE:603601: 6.67

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.

Chongqing Zaisheng Technology Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥0.308. 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 ¥1.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Zaisheng Technology Co  (SHSE:603601) 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.


Chongqing Zaisheng Technology Co Cyclically Adjusted PS Ratio Related Terms


Chongqing Zaisheng Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chongqing Zaisheng 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.

Chongqing Zaisheng Technology Co Cyclically Adjusted PS Ratio Chart

Chongqing Zaisheng 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 5.12 3.88 2.77 9.47

Chongqing Zaisheng Technology 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 3.21 3.87 9.47 11.58 9.05

SHSE:603601 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Chongqing Zaisheng 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.


Chongqing Zaisheng Technology Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chongqing Zaisheng Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:603601
69GF Score
Chongqing Zaisheng Technology Co Ltd SHSE:603601
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chongqing Zaisheng 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.08/1.36
=6.68

* 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.

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

For example, Chongqing Zaisheng Technology 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)
=0.308/116.0564*116.0564
=0.308

Current CPI (Jun. 2026) = 116.0564.

Chongqing Zaisheng Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.085 102.400 0.096
201612 0.099 102.600 0.112
201703 0.092 103.200 0.103
201706 0.129 103.100 0.145
201709 0.199 104.100 0.222
201712 0.231 104.500 0.257
201803 0.225 105.300 0.248
201806 0.337 104.900 0.373
201809 0.274 106.600 0.298
201812 0.251 106.500 0.274
201903 0.289 107.700 0.311
201906 0.322 107.700 0.347
201909 0.246 109.800 0.260
201912 0.390 111.200 0.407
202003 0.319 112.300 0.330
202006 0.527 110.400 0.554
202009 0.455 111.700 0.473
202012 0.558 111.500 0.581
202103 0.625 112.662 0.644
202106 0.257 111.769 0.267
202109 0.362 112.215 0.374
202112 0.464 113.108 0.476
202203 0.362 114.335 0.367
202206 0.414 114.558 0.419
202209 0.400 115.339 0.402
202212 0.412 115.116 0.415
202303 0.370 115.116 0.373
202306 0.373 114.558 0.378
202309 0.400 115.339 0.402
202312 0.385 114.781 0.389
202403 0.333 115.227 0.335
202406 0.401 114.781 0.405
202409 0.339 115.785 0.340
202412 0.371 114.893 0.375
202503 0.317 115.116 0.320
202506 0.327 114.907 0.330
202509 0.318 115.471 0.320
202512 0.282 115.832 0.283
202603 0.254 116.303 0.253
202606 0.308 116.056 0.308

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 6.68 mean?
Chongqing Zaisheng Technology Co (SHSE:603601) has a Cyclically Adjusted PS Ratio of 6.68 as of Sep. 01, 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 Chongqing Zaisheng Technology Co and its competitors. This is 69% above median its historical median of 3.96. Over the past decade, Chongqing Zaisheng Technology Co's Cyclically Adjusted PS Ratio has ranged from 2.22 to 15.81. According to the industry distribution chart, Chongqing Zaisheng Technology Co ranks #1135 out of 1269 companies in the Chemicals industry, placing it in the top 89.4%.
Is Chongqing Zaisheng Technology Co's Cyclically Adjusted PS Ratio too high?
Chongqing Zaisheng Technology Co's current Cyclically Adjusted PS Ratio of 6.68 is 69% above median its 10-year median of 3.96. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 15.81. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Chongqing Zaisheng Technology Co's value of 6.68 is 398.5% above this industry median. Based on the distribution chart, Chongqing Zaisheng Technology Co ranks #1135 out of 1269 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Chongqing Zaisheng Technology Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Zaisheng Technology Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chongqing Zaisheng Technology Co ranks #1135 out of 1269 companies for Cyclically Adjusted PS Ratio. This places Chongqing Zaisheng Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Chongqing Zaisheng Technology Co's value of 6.68 is 398.5% above this benchmark. Historically, Chongqing Zaisheng Technology Co's own Cyclically Adjusted PS Ratio has ranged from 2.22 to 15.81 over the past decade. While the company's 10-year median is 3.96 vs. the industry median of 1.34, Chongqing Zaisheng 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,269 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. Chongqing Zaisheng Technology Co's current Cyclically Adjusted PS Ratio of 6.68 is 398.5% 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 Chongqing Zaisheng Technology Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Zaisheng Technology Co's current Cyclically Adjusted PS Ratio is 6.68, which is 69% above median its own 10-year median of 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Zaisheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Zaisheng Technology Co (SHSE:603601) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.25, compared to a current price of ¥9.08 — trading 179.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.68, which is 69% above median its 10-year median of 3.96 and 398.5% above the Chemicals industry median of 1.34. Chongqing Zaisheng Technology Co's overall GF Score™ is 69/100 with 6 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 Chongqing Zaisheng Technology Co (SHSE:603601), the current Cyclically Adjusted PS Ratio is 6.68 as of Sep. 01, 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 Chongqing Zaisheng Technology Co (SHSE:603601) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Zaisheng Technology Co stock appears to be overvalued. The current stock price of ¥9.08 is trading 179.4% above its estimated GF Value™ of ¥3.25. GuruFocus considers Chongqing Zaisheng Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603601:

  • Cyclically Adjusted PS Ratio: 6.68 (69% above median its 10-year median of 3.96)
  • GF Value™: ¥3.25 vs. price of ¥9.08 (179.4% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 398.5% above the Chemicals median (#1135 of 1269)

No single metric tells the full story. See the SHSE:603601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Zaisheng Technology Co Business Description

Address Liangang Avenue, Huixing Street, Building 1, No. 197, Yubei District, Chongqing, CHN, 401120
Chongqing Zaisheng Technology Co Ltd is engaged in researching, manufacturing, and marketing of glass microfiber products which are used in the purification and energy-saving field. The company's core products are profile include Glass Microfiber Filter and Fiberglass VIP Core Material. Its other products are AGM Separator, Air Laid Cotton, Dry Method VIP, Glass fiber filter, and others.
69GF Score

Get the complete analysis for SHSE:603601

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

¥9.08
Price
¥3.25
GF Value