RoadMainT Co (SHSE:603860) Cyclically Adjusted PS Ratio: 6.91 (As of Aug. 18, 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603860 RoadMainT Co Ltd SHSE:603860
76 GF Score
Price ¥25.93
GF Value ¥31.50
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is RoadMainT Co Cyclically Adjusted PS Ratio?

RoadMainT Co SHSE:603860 -1.85% 76 Cyclically Adjusted PS Ratio is 6.91 as of Aug. 18, 2026, which is 18% below its 10-year median of 8.44. GuruFocus rates SHSE:603860 with a GF Score™ of 76/100 and a GF Value™ of ¥31.50 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,375 Construction companies, RoadMainT Co ranks worse than 95.05% on this metric.

As of today (2026-08-18), RoadMainT Co's current share price is ¥25.93. RoadMainT Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥3.75. RoadMainT Co's Cyclically Adjusted PS Ratio for today is 6.91.

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

SHSE:603860' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.05   Med: 8.44   Max: 10.24
Current: 6.91

During the past years, RoadMainT Co's highest Cyclically Adjusted PS Ratio was 10.24. The lowest was 6.05. And the median was 8.44.

SHSE:603860's Cyclically Adjusted PS Ratio is ranked worse than
95.05% of 1375 companies
in the Construction industry
Industry Median: 0.7 vs SHSE:603860: 6.91

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.

RoadMainT Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.367. 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 ¥3.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RoadMainT Co  (SHSE:603860) 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.


RoadMainT Co Cyclically Adjusted PS Ratio Related Terms


RoadMainT Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RoadMainT 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.

RoadMainT Co Cyclically Adjusted PS Ratio Chart

RoadMainT 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 8.15 8.07

RoadMainT Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.15 8.75 8.73 8.07 8.42

RoadMainT Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Infrastructure Operations subindustry, RoadMainT 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.


RoadMainT Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, RoadMainT Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:603860
76GF Score
RoadMainT Co Ltd SHSE:603860
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RoadMainT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.93/3.75
=6.91

* 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.

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

For example, RoadMainT Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.367/116.3033*116.3033
=0.367

Current CPI (Mar. 2026) = 116.3033.

RoadMainT Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.948 101.400 1.087
201609 0.615 102.400 0.699
201612 1.685 102.600 1.910
201703 0.526 103.200 0.593
201706 0.813 103.100 0.917
201709 0.773 104.100 0.864
201712 1.223 104.500 1.361
201803 0.344 105.300 0.380
201806 0.885 104.900 0.981
201809 0.674 106.600 0.735
201812 1.326 106.500 1.448
201903 0.552 107.700 0.596
201906 0.510 107.700 0.551
201909 0.661 109.800 0.700
201912 1.458 111.200 1.525
202003 0.164 112.300 0.170
202006 0.424 110.400 0.447
202009 0.528 111.700 0.550
202012 1.451 111.500 1.514
202103 0.362 112.662 0.374
202106 0.410 111.769 0.427
202109 0.272 112.215 0.282
202112 1.818 113.108 1.869
202203 0.168 114.335 0.171
202206 0.563 114.558 0.572
202209 0.451 115.339 0.455
202212 2.976 115.116 3.007
202303 0.430 115.116 0.434
202306 0.459 114.558 0.466
202309 0.805 115.339 0.812
202312 2.171 114.781 2.200
202403 0.384 115.227 0.388
202406 0.383 114.781 0.388
202409 0.577 115.785 0.580
202412 2.940 114.893 2.976
202503 0.678 115.116 0.685
202506 0.492 114.907 0.498
202509 0.439 115.471 0.442
202512 3.085 115.832 3.098
202603 0.367 116.303 0.367

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 6.91 mean?
RoadMainT Co (SHSE:603860) has a Cyclically Adjusted PS Ratio of 6.91 as of Aug. 18, 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 RoadMainT Co and its competitors. This is 18% below median its historical median of 8.44. Over the past decade, RoadMainT Co's Cyclically Adjusted PS Ratio has ranged from 6.05 to 10.24. According to the industry distribution chart, RoadMainT Co ranks #1307 out of 1375 companies in the Construction industry, placing it in the top 95.1%.
Is RoadMainT Co's Cyclically Adjusted PS Ratio too high?
RoadMainT Co's current Cyclically Adjusted PS Ratio of 6.91 is 18% below median its 10-year median of 8.44. Over the past 10 years, this metric has ranged from a low of 6.05 to a high of 10.24. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. RoadMainT Co's value of 6.91 is 887.1% above this industry median. Based on the distribution chart, RoadMainT Co ranks #1307 out of 1375 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, RoadMainT Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RoadMainT Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, RoadMainT Co ranks #1307 out of 1375 companies for Cyclically Adjusted PS Ratio. This places RoadMainT Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. RoadMainT Co's value of 6.91 is 887.1% above this benchmark. Historically, RoadMainT Co's own Cyclically Adjusted PS Ratio has ranged from 6.05 to 10.24 over the past decade. While the company's 10-year median is 8.44 vs. the industry median of 0.70, RoadMainT 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,375 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. RoadMainT Co's current Cyclically Adjusted PS Ratio of 6.91 is 887.1% 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 RoadMainT Co and its competitors. For the Construction 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. RoadMainT Co's current Cyclically Adjusted PS Ratio is 6.91, which is 18% below median its own 10-year median of 8.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RoadMainT Co stock overvalued right now?
Based on GuruFocus' analysis, RoadMainT Co (SHSE:603860) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥31.50, compared to a current price of ¥25.93 — trading 17.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.91, which is 18% below median its 10-year median of 8.44 and 887.1% above the Construction industry median of 0.70. RoadMainT Co's overall GF Score™ is 76/100 with 1 warning sign 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 RoadMainT Co (SHSE:603860), the current Cyclically Adjusted PS Ratio is 6.91 as of Aug. 18, 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 RoadMainT Co (SHSE:603860) Overvalued in 2026?

Based on GuruFocus' analysis, RoadMainT Co stock appears to be undervalued. The current stock price of ¥25.93 is trading 17.7% below its estimated GF Value™ of ¥31.50. GuruFocus considers RoadMainT Co to be Modestly Undervalued.

Key valuation signals for SHSE:603860:

  • Cyclically Adjusted PS Ratio: 6.91 (18% below median its 10-year median of 8.44)
  • GF Value™: ¥31.50 vs. price of ¥25.93 (17.7% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 887.1% above the Construction median (#1307 of 1375)

No single metric tells the full story. See the SHSE:603860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RoadMainT Co Business Description

Address Beijing to Kam Road 9, Building 4, Haidian District, Beijing, CHN, 100095
RoadMainT Co Ltd provides service for the highway maintenance industry. It develops road maintenance testing devices such as road damage identification systems.
76GF Score

Get the complete analysis for SHSE:603860

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

¥25.93
Price
¥31.50
GF Value