Top Score Fashion Co (SHSE:603608) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:603608 Top Score Fashion Co Ltd SHSE:603608
45 GF Score
Price ¥21.10
GF Value ¥5.12
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Top Score Fashion Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Top Score Fashion Co  (SHSE:603608) 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.


Top Score Fashion Co Cyclically Adjusted PS Ratio Related Terms


Top Score Fashion Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Top Score Fashion 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.

Top Score Fashion Co Cyclically Adjusted PS Ratio Chart

Top Score Fashion 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 1.43 0.96 1.28 0.89 2.54

Top Score Fashion 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 1.28 1.74 2.50 2.32 5.65

SHSE:603608 vs NKE, DECK, ONON: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, Top Score Fashion 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.


Top Score Fashion Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Top Score Fashion Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Top Score Fashion Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603608
45GF Score
Top Score Fashion Co Ltd SHSE:603608
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Score Fashion 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.

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

For example, Top Score Fashion 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)
=0.684/116.0564*116.0564
=0.684

Current CPI (Jun. 2026) = 116.0564.

Top Score Fashion Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.874 102.400 0.991
201612 1.173 102.600 1.327
201703 0.939 103.200 1.056
201706 1.137 103.100 1.280
201709 0.998 104.100 1.113
201712 1.237 104.500 1.374
201803 1.098 105.300 1.210
201806 1.248 104.900 1.381
201809 1.088 106.600 1.185
201812 1.361 106.500 1.483
201903 1.145 107.700 1.234
201906 1.295 107.700 1.395
201909 1.084 109.800 1.146
201912 1.378 111.200 1.438
202003 0.885 112.300 0.915
202006 1.168 110.400 1.228
202009 1.098 111.700 1.141
202012 1.327 111.500 1.381
202103 1.108 112.662 1.141
202106 1.250 111.769 1.298
202109 1.058 112.215 1.094
202112 1.177 113.108 1.208
202203 0.816 114.335 0.828
202206 0.886 114.558 0.898
202209 0.793 115.339 0.798
202212 0.594 115.116 0.599
202303 0.783 115.116 0.789
202306 0.823 114.558 0.834
202309 0.699 115.339 0.703
202312 0.793 114.781 0.802
202403 0.695 115.227 0.700
202406 0.763 114.781 0.771
202409 0.553 115.785 0.554
202412 0.790 114.893 0.798
202503 0.681 115.116 0.687
202506 0.699 114.907 0.706
202509 0.560 115.471 0.563
202512 1.045 115.832 1.047
202603 0.625 116.303 0.624
202606 0.684 116.056 0.684

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.

Is Top Score Fashion Co (SHSE:603608) Overvalued in 2026?

Based on GuruFocus' analysis, Top Score Fashion Co stock appears to be overvalued. The current stock price of ¥21.10 is trading 312.1% above its estimated GF Value™ of ¥5.12. GuruFocus considers Top Score Fashion Co to be Significantly Overvalued.

Key valuation signals for SHSE:603608:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ¥5.12 vs. price of ¥21.10 (312.1% above fair value)
  • GF Score™: 45/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Score Fashion Co Business Description

Address No. 31, Yinsha Street, Dongyong Town, Nansha District, Guangdon, Guangzhou, CHN
Top Score Fashion Co Ltd provides women's footwear products primarily in China. It offers leather, fur, and feather footwear products under the KISSCAT, Kiss Kitty, ZSAZSAZSU, tigrisso, and Patricia brands.
45GF Score

Get the complete analysis for SHSE:603608

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

¥21.10
Price
¥5.12
GF Value