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SHSE:603987's Cyclically Adjusted PS Ratio is ranked better than 62.57% of 529
companies
in the Medical Devices & Instruments industry
Industry Median: 2.22
vs SHSE:603987: 1.39
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.
Shanghai Kindly Enterprise Development Group Co (SHSE:603987) 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.
Shanghai Kindly Enterprise Development Group Co Cyclically Adjusted PS Ratio Related Terms
Shanghai Kindly Enterprise Development Group Co Cyclically Adjusted PS Ratio Historical Data
* 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.
Shanghai Kindly Enterprise Development Group Co Cyclically Adjusted PS Ratio Chart
Shanghai Kindly Enterprise Development Group Co Annual Data
SHSE:603987 vs ISRG, BDX, RMD: Cyclically Adjusted PS Ratio Comparison
For the Medical Instruments & Supplies subindustry, Shanghai Kindly Enterprise Development Group 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.
Shanghai Kindly Enterprise Development Group Co Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Kindly Enterprise Development Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Kindly Enterprise Development Group Co's Cyclically Adjusted PS Ratio falls into.
Shanghai Kindly Enterprise Development Group 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.
* 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.
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 1.41 mean?
Shanghai Kindly Enterprise Development Group Co (SHSE:603987) has a Cyclically Adjusted PS Ratio of 1.41 as of Sep. 16, 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 Shanghai Kindly Enterprise Development Group Co and its competitors. This is near median its historical median of 1.48. Over the past decade, Shanghai Kindly Enterprise Development Group Co's Cyclically Adjusted PS Ratio has ranged from 1.15 to 1.86. According to the industry distribution chart, Shanghai Kindly Enterprise Development Group Co ranks #198 out of 529 companies in the Medical Devices & Instruments industry, placing it in the top 37.4%.
Is Shanghai Kindly Enterprise Development Group Co's Cyclically Adjusted PS Ratio too high?
Shanghai Kindly Enterprise Development Group Co's current Cyclically Adjusted PS Ratio of 1.41 is near median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 1.86. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.22. Shanghai Kindly Enterprise Development Group Co's value of 1.41 is 36.5% below this industry median. Based on the distribution chart, Shanghai Kindly Enterprise Development Group Co ranks #198 out of 529 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Shanghai Kindly Enterprise Development Group Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Kindly Enterprise Development Group Co's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shanghai Kindly Enterprise Development Group Co ranks #198 out of 529 companies for Cyclically Adjusted PS Ratio. This puts Shanghai Kindly Enterprise Development Group Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.22. Shanghai Kindly Enterprise Development Group Co's value of 1.41 is 36.5% below this benchmark. Historically, Shanghai Kindly Enterprise Development Group Co's own Cyclically Adjusted PS Ratio has ranged from 1.15 to 1.86 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 2.22, Shanghai Kindly Enterprise Development Group Co has consistently been below 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.22, based on 529 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. Shanghai Kindly Enterprise Development Group Co's current Cyclically Adjusted PS Ratio of 1.41 is 36.5% below 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 Shanghai Kindly Enterprise Development Group Co and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Kindly Enterprise Development Group Co's current Cyclically Adjusted PS Ratio is 1.41, which is near median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Kindly Enterprise Development Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Kindly Enterprise Development Group Co (SHSE:603987) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.53, compared to a current price of ¥7.30 — trading 3.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.41, which is near median its 10-year median of 1.48 and 36.5% below the Medical Devices & Instruments industry median of 2.22. Shanghai Kindly Enterprise Development Group Co's overall GF Score™ is 68/100 with 4 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 Shanghai Kindly Enterprise Development Group Co (SHSE:603987), the current Cyclically Adjusted PS Ratio is 1.41 as of Sep. 16, 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 Shanghai Kindly Enterprise Development Group Co (SHSE:603987) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Kindly Enterprise Development Group Co stock appears to be undervalued.
The current stock price of ¥7.30 is trading 3.1% below its estimated GF Value™ of ¥7.53.
GuruFocus considers Shanghai Kindly Enterprise Development Group Co to be Fairly Valued.
Key valuation signals for SHSE:603987:
Cyclically Adjusted PS Ratio: 1.41 (near median its 10-year median of 1.48)
GF Value™: ¥7.53 vs. price of ¥7.30 (3.1% below fair value)
Industry Position: 36.5% below the Medical Devices & Instruments median (#198 of 529)
No single metric tells the full story. See the SHSE:603987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Kindly Enterprise Development Group Co Ltd is the manufacturer of medical polymer products in China. The principal business activities include research and development, production and sales of medical puncture devices. Its product portfolio comprises infusion sets, transfusion sets, medical tubes, medical package material, needle and cannula, medical bags and medical kits.
68GF Score
Get the complete analysis for SHSE:603987
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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