Ningbo Jifeng Auto Parts Co (SHSE:603997) Cyclically Adjusted PS Ratio: 0.82 (As of Sep. 12, 2026) — 23% 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:603997 Ningbo Jifeng Auto Parts Co Ltd SHSE:603997
79 GF Score
Price ¥11.77
GF Value ¥14.44
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Ningbo Jifeng Auto Parts Co Cyclically Adjusted PS Ratio?

Ningbo Jifeng Auto Parts Co SHSE:603997 -3.52% 79 Cyclically Adjusted PS Ratio is 0.82 as of Sep. 12, 2026, which is 23% below its 10-year median of 1.07. GuruFocus rates SHSE:603997 with a GF Score™ of 79/100 and a GF Value™ of ¥14.44 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,035 Vehicles & Parts companies, Ningbo Jifeng Auto Parts Co ranks worse than 52.66% on this metric.

As of today (2026-09-12), Ningbo Jifeng Auto Parts Co's current share price is ¥11.77. Ningbo Jifeng Auto Parts Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥14.36. Ningbo Jifeng Auto Parts Co's Cyclically Adjusted PS Ratio for today is 0.82.

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

SHSE:603997' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.07   Max: 1.66
Current: 0.82

During the past years, Ningbo Jifeng Auto Parts Co's highest Cyclically Adjusted PS Ratio was 1.66. The lowest was 0.79. And the median was 1.07.

SHSE:603997's Cyclically Adjusted PS Ratio is ranked worse than
52.66% of 1035 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs SHSE:603997: 0.82

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 Jifeng Auto Parts Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥5.691. 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 ¥14.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Jifeng Auto Parts Co  (SHSE:603997) 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 Jifeng Auto Parts Co Cyclically Adjusted PS Ratio Related Terms


Ningbo Jifeng Auto Parts Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co Cyclically Adjusted PS Ratio Chart

Ningbo Jifeng Auto Parts 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 1.35 0.98 1.04

Ningbo Jifeng Auto Parts 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 1.05 1.03 1.04 0.85 0.82

SHSE:603997 vs ORLY, AZO, GPC: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Ningbo Jifeng Auto Parts Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603997
79GF Score
Ningbo Jifeng Auto Parts Co Ltd SHSE:603997
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.77/14.36
=0.82

* 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 Jifeng Auto Parts Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ningbo Jifeng Auto Parts 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)
=5.691/116.0564*116.0564
=5.691

Current CPI (Jun. 2026) = 116.0564.

Ningbo Jifeng Auto Parts Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.568 102.400 0.644
201612 0.834 102.600 0.943
201703 0.658 103.200 0.740
201706 0.704 103.100 0.792
201709 0.740 104.100 0.825
201712 0.870 104.500 0.966
201803 0.780 105.300 0.860
201806 0.905 104.900 1.001
201809 0.806 106.600 0.877
201812 5.202 106.500 5.669
201903 4.593 107.700 4.949
201906 3.751 107.700 4.042
201909 4.450 109.800 4.704
201912 4.250 111.200 4.436
202003 2.477 112.300 2.560
202006 2.358 110.400 2.479
202009 3.454 111.700 3.589
202012 3.119 111.500 3.246
202103 4.248 112.662 4.376
202106 3.765 111.769 3.909
202109 4.066 112.215 4.205
202112 3.653 113.108 3.748
202203 3.351 114.335 3.401
202206 4.275 114.558 4.331
202209 4.352 115.339 4.379
202212 4.241 115.116 4.276
202303 4.257 115.116 4.292
202306 4.611 114.558 4.671
202309 5.803 115.339 5.839
202312 4.591 114.781 4.642
202403 5.544 115.227 5.584
202406 3.357 114.781 3.394
202409 6.636 115.785 6.652
202412 3.869 114.893 3.908
202503 3.858 115.116 3.890
202506 4.358 114.907 4.402
202509 4.665 115.471 4.689
202512 5.224 115.832 5.234
202603 4.742 116.303 4.732
202606 5.691 116.056 5.691

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 0.82 mean?
Ningbo Jifeng Auto Parts Co (SHSE:603997) has a Cyclically Adjusted PS Ratio of 0.82 as of Sep. 12, 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 Jifeng Auto Parts Co and its competitors. This is 23% below median its historical median of 1.07. Over the past decade, Ningbo Jifeng Auto Parts Co's Cyclically Adjusted PS Ratio has ranged from 0.79 to 1.66. According to the industry distribution chart, Ningbo Jifeng Auto Parts Co ranks #545 out of 1035 companies in the Vehicles & Parts industry, placing it in the top 52.7%.
Is Ningbo Jifeng Auto Parts Co's Cyclically Adjusted PS Ratio too high?
Ningbo Jifeng Auto Parts Co's current Cyclically Adjusted PS Ratio of 0.82 is 23% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.66. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Ningbo Jifeng Auto Parts Co's value of 0.82 is 13.9% above this industry median. Based on the distribution chart, Ningbo Jifeng Auto Parts Co ranks #545 out of 1035 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Ningbo Jifeng Auto Parts Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jifeng Auto Parts Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Jifeng Auto Parts Co ranks #545 out of 1035 companies for Cyclically Adjusted PS Ratio. This places Ningbo Jifeng Auto Parts Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Ningbo Jifeng Auto Parts Co's value of 0.82 is 13.9% above this benchmark. Historically, Ningbo Jifeng Auto Parts Co's own Cyclically Adjusted PS Ratio has ranged from 0.79 to 1.66 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.72, Ningbo Jifeng Auto Parts 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 1,035 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 Jifeng Auto Parts Co's current Cyclically Adjusted PS Ratio of 0.82 is 13.9% 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 Jifeng Auto Parts 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 Jifeng Auto Parts Co's current Cyclically Adjusted PS Ratio is 0.82, which is 23% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jifeng Auto Parts Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jifeng Auto Parts Co (SHSE:603997) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.44, compared to a current price of ¥11.77 — trading 18.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 23% below median its 10-year median of 1.07 and 13.9% above the Vehicles & Parts industry median of 0.72. Ningbo Jifeng Auto Parts Co's overall GF Score™ is 79/100 with 6 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 Jifeng Auto Parts Co (SHSE:603997), the current Cyclically Adjusted PS Ratio is 0.82 as of Sep. 12, 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 Jifeng Auto Parts Co (SHSE:603997) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Jifeng Auto Parts Co stock appears to be undervalued. The current stock price of ¥11.77 is trading 18.5% below its estimated GF Value™ of ¥14.44. GuruFocus considers Ningbo Jifeng Auto Parts Co to be Modestly Undervalued.

Key valuation signals for SHSE:603997:

  • Cyclically Adjusted PS Ratio: 0.82 (23% below median its 10-year median of 1.07)
  • GF Value™: ¥14.44 vs. price of ¥11.77 (18.5% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 13.9% above the Vehicles & Parts median (#545 of 1035)

No single metric tells the full story. See the SHSE:603997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Jifeng Auto Parts Co Business Description

Address No.17, Datunhe Road, Beilun District, Zhejiang, Ningbo City, CHN, 315800
Ningbo Jifeng Auto Parts Co Ltd is principally engaged in development, manufacture, and sale of passenger car seat. The company offers automotive seat headrest and armrest assemblies, and headrest and door stems.
79GF Score

Get the complete analysis for SHSE:603997

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

¥11.77
Price
¥14.44
GF Value