L&K Engineering (Suzhou) Co (SHSE:603929) Cyclically Adjusted PS Ratio: 11.15 (As of Sep. 02, 2026) — 253% Above Median

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SHSE:603929 L&K Engineering (Suzhou) Co Ltd SHSE:603929
74 GF Score
Price ¥156.00
GF Value ¥40.10
Valuation Significantly Overvalued
! 1 Warning Sign
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What is L&K Engineering (Suzhou) Co Cyclically Adjusted PS Ratio?

L&K Engineering (Suzhou) Co SHSE:603929 -0.91% 74 Cyclically Adjusted PS Ratio is 11.15 as of Sep. 02, 2026, which is 253% above its 10-year median of 3.16. GuruFocus rates SHSE:603929 with a GF Score™ of 74/100 and a GF Value™ of ¥40.10 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,364 Construction companies, L&K Engineering (Suzhou) Co ranks worse than 97.65% on this metric.

As of today (2026-09-02), L&K Engineering (Suzhou) Co's current share price is ¥156.00. L&K Engineering (Suzhou) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥13.99. L&K Engineering (Suzhou) Co's Cyclically Adjusted PS Ratio for today is 11.15.

The historical rank and industry rank for L&K Engineering (Suzhou) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603929' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.97   Med: 3.16   Max: 19.03
Current: 11.77

During the past years, L&K Engineering (Suzhou) Co's highest Cyclically Adjusted PS Ratio was 19.03. The lowest was 1.97. And the median was 3.16.

SHSE:603929's Cyclically Adjusted PS Ratio is ranked worse than
97.65% of 1364 companies
in the Construction industry
Industry Median: 0.71 vs SHSE:603929: 11.77

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.

L&K Engineering (Suzhou) Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥6.651. 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 ¥13.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


L&K Engineering (Suzhou) Co  (SHSE:603929) 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.


L&K Engineering (Suzhou) Co Cyclically Adjusted PS Ratio Related Terms


L&K Engineering (Suzhou) Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for L&K Engineering (Suzhou) 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.

L&K Engineering (Suzhou) Co Cyclically Adjusted PS Ratio Chart

L&K Engineering (Suzhou) 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 2.17 6.88

L&K Engineering (Suzhou) 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 2.72 3.15 6.88 13.12 19.44

SHSE:603929 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, L&K Engineering (Suzhou) 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.


L&K Engineering (Suzhou) Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, L&K Engineering (Suzhou) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where L&K Engineering (Suzhou) Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603929
74GF Score
L&K Engineering (Suzhou) Co Ltd SHSE:603929
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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L&K Engineering (Suzhou) 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.

L&K Engineering (Suzhou) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=156.00/13.99
=11.15

* 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.

L&K Engineering (Suzhou) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, L&K Engineering (Suzhou) 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)
=6.651/116.0564*116.0564
=6.651

Current CPI (Jun. 2026) = 116.0564.

L&K Engineering (Suzhou) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.052 102.400 1.192
201612 2.179 102.600 2.465
201703 2.667 103.200 2.999
201706 2.070 103.100 2.330
201709 1.313 104.100 1.464
201712 2.270 104.500 2.521
201803 2.908 105.300 3.205
201806 3.670 104.900 4.060
201809 2.161 106.600 2.353
201812 1.880 106.500 2.049
201903 2.912 107.700 3.138
201906 1.789 107.700 1.928
201909 1.349 109.800 1.426
201912 2.811 111.200 2.934
202003 0.721 112.300 0.745
202006 0.623 110.400 0.655
202009 0.915 111.700 0.951
202012 1.939 111.500 2.018
202103 1.448 112.662 1.492
202106 3.092 111.769 3.211
202109 2.496 112.215 2.581
202112 3.654 113.108 3.749
202203 1.531 114.335 1.554
202206 3.348 114.558 3.392
202209 3.938 115.339 3.963
202212 5.905 115.116 5.953
202303 1.484 115.116 1.496
202306 2.949 114.558 2.988
202309 4.078 115.339 4.103
202312 6.425 114.781 6.496
202403 5.138 115.227 5.175
202406 8.188 114.781 8.279
202409 7.400 115.785 7.417
202412 4.496 114.893 4.542
202503 3.914 115.116 3.946
202506 3.932 114.907 3.971
202509 6.717 115.471 6.751
202512 8.462 115.832 8.478
202603 5.298 116.303 5.287
202606 6.651 116.056 6.651

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 11.15 mean?
L&K Engineering (Suzhou) Co (SHSE:603929) has a Cyclically Adjusted PS Ratio of 11.15 as of Sep. 02, 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 L&K Engineering (Suzhou) Co and its competitors. This is 253% above median its historical median of 3.16. Over the past decade, L&K Engineering (Suzhou) Co's Cyclically Adjusted PS Ratio has ranged from 1.97 to 19.03. According to the industry distribution chart, L&K Engineering (Suzhou) Co ranks #1332 out of 1364 companies in the Construction industry, placing it in the top 97.7%.
Is L&K Engineering (Suzhou) Co's Cyclically Adjusted PS Ratio too high?
L&K Engineering (Suzhou) Co's current Cyclically Adjusted PS Ratio of 11.15 is 253% above median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 19.03. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. L&K Engineering (Suzhou) Co's value of 11.15 is 1470.4% above this industry median. Based on the distribution chart, L&K Engineering (Suzhou) Co ranks #1332 out of 1364 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, L&K Engineering (Suzhou) Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does L&K Engineering (Suzhou) Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, L&K Engineering (Suzhou) Co ranks #1332 out of 1364 companies for Cyclically Adjusted PS Ratio. This places L&K Engineering (Suzhou) Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. L&K Engineering (Suzhou) Co's value of 11.15 is 1470.4% above this benchmark. Historically, L&K Engineering (Suzhou) Co's own Cyclically Adjusted PS Ratio has ranged from 1.97 to 19.03 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 0.71, L&K Engineering (Suzhou) 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 0.71, based on 1,364 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. L&K Engineering (Suzhou) Co's current Cyclically Adjusted PS Ratio of 11.15 is 1470.4% 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 L&K Engineering (Suzhou) Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&K Engineering (Suzhou) Co's current Cyclically Adjusted PS Ratio is 11.15, which is 253% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L&K Engineering (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, L&K Engineering (Suzhou) Co (SHSE:603929) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥40.10, compared to a current price of ¥156.00 — trading 289% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.15, which is 253% above median its 10-year median of 3.16 and 1470.4% above the Construction industry median of 0.71. L&K Engineering (Suzhou) Co's overall GF Score™ is 74/100 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 L&K Engineering (Suzhou) Co (SHSE:603929), the current Cyclically Adjusted PS Ratio is 11.15 as of Sep. 02, 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 L&K Engineering (Suzhou) Co (SHSE:603929) Overvalued in 2026?

Based on GuruFocus' analysis, L&K Engineering (Suzhou) Co stock appears to be overvalued. The current stock price of ¥156.00 is trading 289% above its estimated GF Value™ of ¥40.10. GuruFocus considers L&K Engineering (Suzhou) Co to be Significantly Overvalued.

Key valuation signals for SHSE:603929:

  • Cyclically Adjusted PS Ratio: 11.15 (253% above median its 10-year median of 3.16)
  • GF Value™: ¥40.10 vs. price of ¥156.00 (289% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 1470.4% above the Construction median (#1332 of 1364)

No single metric tells the full story. See the SHSE:603929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L&K Engineering (Suzhou) Co Business Description

Address No. 33, Fangda Street, Suzhou Industrial Park, Jiangsu Province, Shanghai, CHN, 215126
L&K Engineering (Suzhou) Co Ltd is a construction and installation company. The company produces and installs clean, sterilized systems and equipment including supplement systems like electric, instrument and control.
74GF Score

Get the complete analysis for SHSE:603929

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

¥156.00
Price
¥40.10
GF Value