Ningbo Gaofa Automotive Control System Co (SHSE:603788) Cyclically Adjusted PS Ratio: 2.41 (As of Sep. 05, 2026) — 11% Below Median

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SHSE:603788 Ningbo Gaofa Automotive Control System Co Ltd SHSE:603788
81 GF Score
Price ¥13.70
GF Value ¥16.67
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio?

Ningbo Gaofa Automotive Control System Co SHSE:603788 -0.22% 81 Cyclically Adjusted PS Ratio is 2.41 as of Sep. 05, 2026, which is 11% below its 10-year median of 2.72. GuruFocus rates SHSE:603788 with a GF Score™ of 81/100 and a GF Value™ of ¥16.67 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,040 Vehicles & Parts companies, Ningbo Gaofa Automotive Control System Co ranks worse than 80.58% on this metric.

As of today (2026-09-05), Ningbo Gaofa Automotive Control System Co's current share price is ¥13.70. Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥5.68. Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio for today is 2.41.

The historical rank and industry rank for Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603788' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.95   Med: 2.72   Max: 4.04
Current: 2.41

During the past years, Ningbo Gaofa Automotive Control System Co's highest Cyclically Adjusted PS Ratio was 4.04. The lowest was 1.95. And the median was 2.72.

SHSE:603788's Cyclically Adjusted PS Ratio is ranked worse than
80.58% of 1040 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs SHSE:603788: 2.41

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.

Ningbo Gaofa Automotive Control System Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥1.783. 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 ¥5.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Gaofa Automotive Control System Co  (SHSE:603788) 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.


Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio Related Terms


Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo Gaofa Automotive Control System 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.

Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio Chart

Ningbo Gaofa Automotive Control System 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 2.17 2.97 2.65 2.94

Ningbo Gaofa Automotive Control System 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 2.96 3.29 2.94 2.65 2.43

SHSE:603788 vs ORLY, AZO, GPC: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Ningbo Gaofa Automotive Control System 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.


Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603788
81GF Score
Ningbo Gaofa Automotive Control System Co Ltd SHSE:603788
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Gaofa Automotive Control System 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.

Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.70/5.68
=2.41

* 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.

Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ningbo Gaofa Automotive Control System 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)
=1.783/116.0564*116.0564
=1.783

Current CPI (Jun. 2026) = 116.0564.

Ningbo Gaofa Automotive Control System Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.010 102.400 1.145
201612 1.308 102.600 1.480
201703 1.520 103.200 1.709
201706 1.479 103.100 1.665
201709 1.841 104.100 2.052
201712 1.689 104.500 1.876
201803 1.685 105.300 1.857
201806 1.531 104.900 1.694
201809 1.225 106.600 1.334
201812 1.375 106.500 1.498
201903 0.941 107.700 1.014
201906 0.936 107.700 1.009
201909 0.988 109.800 1.044
201912 1.264 111.200 1.319
202003 0.756 112.300 0.781
202006 1.008 110.400 1.060
202009 1.015 111.700 1.055
202012 1.202 111.500 1.251
202103 0.959 112.662 0.988
202106 1.173 111.769 1.218
202109 0.989 112.215 1.023
202112 1.095 113.108 1.124
202203 1.092 114.335 1.108
202206 1.098 114.558 1.112
202209 1.187 115.339 1.194
202212 1.322 115.116 1.333
202303 1.122 115.116 1.131
202306 1.315 114.558 1.332
202309 1.504 115.339 1.513
202312 1.727 114.781 1.746
202403 1.542 115.227 1.553
202406 1.765 114.781 1.785
202409 1.532 115.785 1.536
202412 1.684 114.893 1.701
202503 1.756 115.116 1.770
202506 1.804 114.907 1.822
202509 1.614 115.471 1.622
202512 1.924 115.832 1.928
202603 1.634 116.303 1.631
202606 1.783 116.056 1.783

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 2.41 mean?
Ningbo Gaofa Automotive Control System Co (SHSE:603788) has a Cyclically Adjusted PS Ratio of 2.41 as of Sep. 05, 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 Ningbo Gaofa Automotive Control System Co and its competitors. This is 11% below median its historical median of 2.72. Over the past decade, Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio has ranged from 1.95 to 4.04. According to the industry distribution chart, Ningbo Gaofa Automotive Control System Co ranks #838 out of 1040 companies in the Vehicles & Parts industry, placing it in the top 80.6%.
Is Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio too high?
Ningbo Gaofa Automotive Control System Co's current Cyclically Adjusted PS Ratio of 2.41 is 11% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 4.04. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Ningbo Gaofa Automotive Control System Co's value of 2.41 is 234.7% above this industry median. Based on the distribution chart, Ningbo Gaofa Automotive Control System Co ranks #838 out of 1040 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ningbo Gaofa Automotive Control System Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Gaofa Automotive Control System Co ranks #838 out of 1040 companies for Cyclically Adjusted PS Ratio. This places Ningbo Gaofa Automotive Control System Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Ningbo Gaofa Automotive Control System Co's value of 2.41 is 234.7% above this benchmark. Historically, Ningbo Gaofa Automotive Control System Co's own Cyclically Adjusted PS Ratio has ranged from 1.95 to 4.04 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 0.72, Ningbo Gaofa Automotive Control System 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,040 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. Ningbo Gaofa Automotive Control System Co's current Cyclically Adjusted PS Ratio of 2.41 is 234.7% 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 Ningbo Gaofa Automotive Control System Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Gaofa Automotive Control System Co's current Cyclically Adjusted PS Ratio is 2.41, which is 11% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Gaofa Automotive Control System Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Gaofa Automotive Control System Co (SHSE:603788) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.67, compared to a current price of ¥13.70 — trading 17.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.41, which is 11% below median its 10-year median of 2.72 and 234.7% above the Vehicles & Parts industry median of 0.72. Ningbo Gaofa Automotive Control System Co's overall GF Score™ is 81/100 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 Ningbo Gaofa Automotive Control System Co (SHSE:603788), the current Cyclically Adjusted PS Ratio is 2.41 as of Sep. 05, 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 Ningbo Gaofa Automotive Control System Co (SHSE:603788) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Gaofa Automotive Control System Co stock appears to be undervalued. The current stock price of ¥13.70 is trading 17.8% below its estimated GF Value™ of ¥16.67. GuruFocus considers Ningbo Gaofa Automotive Control System Co to be Modestly Undervalued.

Key valuation signals for SHSE:603788:

  • Cyclically Adjusted PS Ratio: 2.41 (11% below median its 10-year median of 2.72)
  • GF Value™: ¥16.67 vs. price of ¥13.70 (17.8% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 234.7% above the Vehicles & Parts median (#838 of 1040)

No single metric tells the full story. See the SHSE:603788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Gaofa Automotive Control System Co Business Description

Address No.717 XiaYing North Road, Ningbo Yinzhou Investment and Entrepreneurship Center, Ningbo, CHN, 315105
Ningbo Gaofa Automotive Control System Co Ltd is engaged in the research & development, production, and sales of automotive control systems. The company's main products include three categories: automotive speed control system assembly, electronic accelerator pedal, and automotive cable.
81GF Score

Get the complete analysis for SHSE:603788

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

¥13.70
Price
¥16.67
GF Value