Zhejiang Chenfeng Science And Technology Co (SHSE:603685) Cyclically Adjusted PS Ratio: 3.92 (As of Sep. 03, 2026) — 23% Above Median

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SHSE:603685 Zhejiang Chenfeng Science And Technology Co Ltd SHSE:603685
56 GF Score
Price ¥27.80
GF Value ¥10.73
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Zhejiang Chenfeng Science And Technology Co Cyclically Adjusted PS Ratio?

Zhejiang Chenfeng Science And Technology Co SHSE:603685 +0.04% 56 Cyclically Adjusted PS Ratio is 3.92 as of Sep. 03, 2026, which is 23% above its 10-year median of 3.18. GuruFocus rates SHSE:603685 with a GF Score™ of 56/100 and a GF Value™ of ¥10.73 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,283 Industrial Products companies, Zhejiang Chenfeng Science And Technology Co ranks worse than 72.05% on this metric.

As of today (2026-09-03), Zhejiang Chenfeng Science And Technology Co's current share price is ¥27.80. Zhejiang Chenfeng Science And Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥7.09. Zhejiang Chenfeng Science And Technology Co's Cyclically Adjusted PS Ratio for today is 3.92.

The historical rank and industry rank for Zhejiang Chenfeng Science And Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603685' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.86   Med: 3.18   Max: 4.65
Current: 3.92

During the past years, Zhejiang Chenfeng Science And Technology Co's highest Cyclically Adjusted PS Ratio was 4.65. The lowest was 1.86. And the median was 3.18.

SHSE:603685's Cyclically Adjusted PS Ratio is ranked worse than
72.05% of 2283 companies
in the Industrial Products industry
Industry Median: 1.82 vs SHSE:603685: 3.92

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 Chenfeng Science And Technology Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥1.060. 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 ¥7.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Chenfeng Science And Technology Co  (SHSE:603685) 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 Chenfeng Science And Technology Co Cyclically Adjusted PS Ratio Related Terms


Zhejiang Chenfeng Science And Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Chenfeng Science And 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.

Zhejiang Chenfeng Science And Technology Co Cyclically Adjusted PS Ratio Chart

Zhejiang Chenfeng Science And 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 0.00 0.00 0.00 2.69

Zhejiang Chenfeng Science And 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 1.95 2.45 2.69 4.15 4.02

SHSE:603685 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Zhejiang Chenfeng Science And 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.


Zhejiang Chenfeng Science And Technology Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

* The bar in red indicates where Zhejiang Chenfeng Science And Technology Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603685
56GF Score
Zhejiang Chenfeng Science And Technology Co Ltd SHSE:603685
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Chenfeng Science And 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.

Zhejiang Chenfeng Science And Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.80/7.09
=3.92

* 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 Chenfeng Science And Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhejiang Chenfeng Science And 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)
=1.06/116.0564*116.0564
=1.060

Current CPI (Jun. 2026) = 116.0564.

Zhejiang Chenfeng Science And Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.123 102.400 1.273
201612 1.423 102.600 1.610
201703 1.281 103.200 1.441
201706 1.706 103.100 1.920
201709 1.509 104.100 1.682
201712 1.394 104.500 1.548
201803 1.035 105.300 1.141
201806 1.405 104.900 1.554
201809 1.499 106.600 1.632
201812 1.549 106.500 1.688
201903 1.450 107.700 1.563
201906 1.690 107.700 1.821
201909 1.630 109.800 1.723
201912 1.819 111.200 1.898
202003 1.298 112.300 1.341
202006 1.298 110.400 1.365
202009 1.957 111.700 2.033
202012 2.480 111.500 2.581
202103 2.202 112.662 2.268
202106 2.335 111.769 2.425
202109 2.116 112.215 2.188
202112 2.306 113.108 2.366
202203 2.774 114.335 2.816
202206 1.155 114.558 1.170
202209 1.801 115.339 1.812
202212 1.357 115.116 1.368
202303 1.282 115.116 1.292
202306 2.521 114.558 2.554
202309 1.546 115.339 1.556
202312 2.461 114.781 2.488
202403 1.845 115.227 1.858
202406 2.065 114.781 2.088
202409 2.392 115.785 2.398
202412 1.713 114.893 1.730
202503 1.595 115.116 1.608
202506 1.743 114.907 1.760
202509 1.654 115.471 1.662
202512 1.659 115.832 1.662
202603 0.973 116.303 0.971
202606 1.060 116.056 1.060

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 3.92 mean?
Zhejiang Chenfeng Science And Technology Co (SHSE:603685) has a Cyclically Adjusted PS Ratio of 3.92 as of Sep. 03, 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 Chenfeng Science And Technology Co and its competitors. This is 23% above median its historical median of 3.18. Over the past decade, Zhejiang Chenfeng Science And Technology Co's Cyclically Adjusted PS Ratio has ranged from 1.86 to 4.65. According to the industry distribution chart, Zhejiang Chenfeng Science And Technology Co ranks #1645 out of 2283 companies in the Industrial Products industry, placing it in the top 72.1%.
Is Zhejiang Chenfeng Science And Technology Co's Cyclically Adjusted PS Ratio too high?
Zhejiang Chenfeng Science And Technology Co's current Cyclically Adjusted PS Ratio of 3.92 is 23% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 4.65. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Zhejiang Chenfeng Science And Technology Co's value of 3.92 is 115.4% above this industry median. Based on the distribution chart, Zhejiang Chenfeng Science And Technology Co ranks #1645 out of 2283 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Chenfeng Science And Technology Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Chenfeng Science And Technology Co's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Chenfeng Science And Technology Co ranks #1645 out of 2283 companies for Cyclically Adjusted PS Ratio. This places Zhejiang Chenfeng Science And Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Zhejiang Chenfeng Science And Technology Co's value of 3.92 is 115.4% above this benchmark. Historically, Zhejiang Chenfeng Science And Technology Co's own Cyclically Adjusted PS Ratio has ranged from 1.86 to 4.65 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 1.82, Zhejiang Chenfeng Science And 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.82, 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 Chenfeng Science And Technology Co's current Cyclically Adjusted PS Ratio of 3.92 is 115.4% 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 Chenfeng Science And Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Chenfeng Science And Technology Co's current Cyclically Adjusted PS Ratio is 3.92, which is 23% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Chenfeng Science And Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Chenfeng Science And Technology Co (SHSE:603685) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.73, compared to a current price of ¥27.80 — trading 159.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.92, which is 23% above median its 10-year median of 3.18 and 115.4% above the Industrial Products industry median of 1.82. Zhejiang Chenfeng Science And Technology Co's overall GF Score™ is 56/100 with 7 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 Chenfeng Science And Technology Co (SHSE:603685), the current Cyclically Adjusted PS Ratio is 3.92 as of Sep. 03, 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 Chenfeng Science And Technology Co (SHSE:603685) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Chenfeng Science And Technology Co stock appears to be overvalued. The current stock price of ¥27.80 is trading 159.1% above its estimated GF Value™ of ¥10.73. GuruFocus considers Zhejiang Chenfeng Science And Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603685:

  • Cyclically Adjusted PS Ratio: 3.92 (23% above median its 10-year median of 3.18)
  • GF Value™: ¥10.73 vs. price of ¥27.80 (159.1% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 115.4% above the Industrial Products median (#1645 of 2283)

No single metric tells the full story. See the SHSE:603685 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Chenfeng Science And Technology Co Business Description

Address No. 10, Yuanqu 4th Road, Yanguan Town, Zhejiang Province, Haining, CHN, 314411
Zhejiang Chenfeng Science And Technology Co Ltd is engaged in manufacturing and sale of LED bulb series, lamp series, lamp series and lighting accessories, and traditional lighting system. The company produces and sells light emitting diode (LED) bulbs, lamp holders, lamp fittings, and other products.
56GF Score

Get the complete analysis for SHSE:603685

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

¥27.80
Price
¥10.73
GF Value