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SHSE:605008's Cyclically Adjusted PS Ratio is ranked worse than 82.95% of 1273
companies
in the Chemicals industry
Industry Median: 1.34
vs SHSE:605008: 4.55
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.
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 Changhong Polymer Scientific & Technical Cyclically Adjusted PS Ratio Related Terms
Ningbo Changhong Polymer Scientific & Technical 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.
SHSE:605008 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison
For the Specialty Chemicals subindustry, Ningbo Changhong Polymer Scientific & Technical'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 Changhong Polymer Scientific & Technical Cyclically Adjusted PS Ratio vs Chemicals Industry
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 4.77 mean?
Ningbo Changhong Polymer Scientific & Technical (SHSE:605008) has a Cyclically Adjusted PS Ratio of 4.77 as of Sep. 08, 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 Changhong Polymer Scientific & Technical and its competitors. This is near median its historical median of 4.42. Over the past decade, Ningbo Changhong Polymer Scientific & Technical's Cyclically Adjusted PS Ratio has ranged from 4.04 to 5.02. According to the industry distribution chart, Ningbo Changhong Polymer Scientific & Technical ranks #1056 out of 1273 companies in the Chemicals industry, placing it in the top 83%.
Is Ningbo Changhong Polymer Scientific & Technical's Cyclically Adjusted PS Ratio too high?
Ningbo Changhong Polymer Scientific & Technical's current Cyclically Adjusted PS Ratio of 4.77 is near median its 10-year median of 4.42. Over the past 10 years, this metric has ranged from a low of 4.04 to a high of 5.02. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Ningbo Changhong Polymer Scientific & Technical's value of 4.77 is 256% above this industry median. Based on the distribution chart, Ningbo Changhong Polymer Scientific & Technical ranks #1056 out of 1273 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ningbo Changhong Polymer Scientific & Technical has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Changhong Polymer Scientific & Technical's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningbo Changhong Polymer Scientific & Technical ranks #1056 out of 1273 companies for Cyclically Adjusted PS Ratio. This places Ningbo Changhong Polymer Scientific & Technical in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Ningbo Changhong Polymer Scientific & Technical's value of 4.77 is 256% above this benchmark. Historically, Ningbo Changhong Polymer Scientific & Technical's own Cyclically Adjusted PS Ratio has ranged from 4.04 to 5.02 over the past decade. While the company's 10-year median is 4.42 vs. the industry median of 1.34, Ningbo Changhong Polymer Scientific & Technical 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,273 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 Changhong Polymer Scientific & Technical's current Cyclically Adjusted PS Ratio of 4.77 is 256% 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 Changhong Polymer Scientific & Technical and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Changhong Polymer Scientific & Technical's current Cyclically Adjusted PS Ratio is 4.77, which is near median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Changhong Polymer Scientific & Technical stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Changhong Polymer Scientific & Technical (SHSE:605008) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.01, compared to a current price of ¥14.13 — trading 8.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.77, which is near median its 10-year median of 4.42 and 256% above the Chemicals industry median of 1.34. Ningbo Changhong Polymer Scientific & Technical's overall GF Score™ is 73/100 with 11 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 Changhong Polymer Scientific & Technical (SHSE:605008), the current Cyclically Adjusted PS Ratio is 4.77 as of Sep. 08, 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 Changhong Polymer Scientific & Technical (SHSE:605008) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Changhong Polymer Scientific & Technical stock appears to be overvalued.
The current stock price of ¥14.13 is trading 8.6% above its estimated GF Value™ of ¥13.01.
GuruFocus considers Ningbo Changhong Polymer Scientific & Technical to be Fairly Valued.
Key valuation signals for SHSE:605008:
Cyclically Adjusted PS Ratio: 4.77 (near median its 10-year median of 4.42)
GF Value™: ¥13.01 vs. price of ¥14.13 (8.6% above fair value)
Industry Position: 256% above the Chemicals median (#1056 of 1273)
No single metric tells the full story. See the SHSE:605008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Changhong Polymer Scientific & Technical Inc is engaged in production and sales of styrene-based thermoplastic elastomers (TPES). The company's products include Sstyrene-butadiene-styrene (SBS) and Styrene-ethylene-butylene-styrene (SEBS). Its products are used in many industrial fields such as shoes materials, asphalt modification, plastic modification, adhesive agent, medicine, health products, waterproofing materials, and construction materials, environmental-friendly plastic runway and bicycle tyre.
73GF Score
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