Xiamen Leading Optics Co (SHSE:605118) Cyclically Adjusted PS Ratio: 19.50 (As of Aug. 29, 2026) — 28% Below Median

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SHSE:605118 Xiamen Leading Optics Co Ltd SHSE:605118
91 GF Score
Price ¥29.84
GF Value ¥32.31
Valuation Fairly Valued
! 4 Warning Signs
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What is Xiamen Leading Optics Co Cyclically Adjusted PS Ratio?

Xiamen Leading Optics Co SHSE:605118 +1.22% 91 Cyclically Adjusted PS Ratio is 19.50 as of Aug. 29, 2026, which is 28% below its 10-year median of 27.25. GuruFocus rates SHSE:605118 with a GF Score™ of 91/100 and a GF Value™ of ¥32.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,971 Hardware companies, Xiamen Leading Optics Co ranks worse than 96.85% on this metric.

As of today (2026-08-29), Xiamen Leading Optics Co's current share price is ¥29.84. Xiamen Leading Optics Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ¥1.53. Xiamen Leading Optics Co's Cyclically Adjusted PS Ratio for today is 19.50.

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

SHSE:605118' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 19.54   Med: 27.25   Max: 28.92
Current: 19.54

During the past 10 years, Xiamen Leading Optics Co's highest Cyclically Adjusted PS Ratio was 28.92. The lowest was 19.54. And the median was 27.25.

SHSE:605118's Cyclically Adjusted PS Ratio is ranked worse than
96.85% of 1971 companies
in the Hardware industry
Industry Median: 1.39 vs SHSE:605118: 19.54

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.

Xiamen Leading Optics Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥2.034. 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 ¥1.53 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xiamen Leading Optics Co  (SHSE:605118) 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.


Xiamen Leading Optics Co Cyclically Adjusted PS Ratio Related Terms


Xiamen Leading Optics Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Xiamen Leading Optics 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.

Xiamen Leading Optics Co Cyclically Adjusted PS Ratio Chart

Xiamen Leading Optics 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 0.00 19.72

Xiamen Leading Optics 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 0.00 0.00 19.72 0.00 0.00

SHSE:605118 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Xiamen Leading Optics 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.


Xiamen Leading Optics Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Xiamen Leading Optics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:605118
91GF Score
Xiamen Leading Optics Co Ltd SHSE:605118
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xiamen Leading Optics 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.

Xiamen Leading Optics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.84/1.53
=19.50

* 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.

Xiamen Leading Optics Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Xiamen Leading Optics Co's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=2.034/115.8323*115.8323
=2.034

Current CPI (Dec25) = 115.8323.

Xiamen Leading Optics Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.000 102.600 0.000
201712 1.735 104.500 1.923
201812 1.444 106.500 1.571
201912 1.277 111.200 1.330
202012 1.093 111.500 1.135
202112 1.235 113.108 1.265
202212 1.441 115.116 1.450
202312 1.485 114.781 1.499
202412 1.525 114.893 1.537
202512 2.034 115.832 2.034

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 19.50 mean?
Xiamen Leading Optics Co (SHSE:605118) has a Cyclically Adjusted PS Ratio of 19.50 as of Aug. 29, 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 Xiamen Leading Optics Co and its competitors. This is 28% below median its historical median of 27.25. Over the past decade, Xiamen Leading Optics Co's Cyclically Adjusted PS Ratio has ranged from 19.54 to 28.92. According to the industry distribution chart, Xiamen Leading Optics Co ranks #1909 out of 1971 companies in the Hardware industry, placing it in the top 96.9%.
Is Xiamen Leading Optics Co's Cyclically Adjusted PS Ratio too high?
Xiamen Leading Optics Co's current Cyclically Adjusted PS Ratio of 19.50 is 28% below median its 10-year median of 27.25. Over the past 10 years, this metric has ranged from a low of 19.54 to a high of 28.92. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Xiamen Leading Optics Co's value of 19.50 is 1302.9% above this industry median. Based on the distribution chart, Xiamen Leading Optics Co ranks #1909 out of 1971 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Xiamen Leading Optics Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Leading Optics Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Xiamen Leading Optics Co ranks #1909 out of 1971 companies for Cyclically Adjusted PS Ratio. This places Xiamen Leading Optics Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Xiamen Leading Optics Co's value of 19.50 is 1302.9% above this benchmark. Historically, Xiamen Leading Optics Co's own Cyclically Adjusted PS Ratio has ranged from 19.54 to 28.92 over the past decade. While the company's 10-year median is 27.25 vs. the industry median of 1.39, Xiamen Leading Optics 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,971 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. Xiamen Leading Optics Co's current Cyclically Adjusted PS Ratio of 19.50 is 1302.9% 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 Xiamen Leading Optics Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Leading Optics Co's current Cyclically Adjusted PS Ratio is 19.50, which is 28% below median its own 10-year median of 27.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Leading Optics Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Leading Optics Co (SHSE:605118) is currently considered Fairly Valued. The stock's GF Value™ is ¥32.31, compared to a current price of ¥29.84 — trading 7.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 19.50, which is 28% below median its 10-year median of 27.25 and 1302.9% above the Hardware industry median of 1.39. Xiamen Leading Optics Co's overall GF Score™ is 91/100 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 Xiamen Leading Optics Co (SHSE:605118), the current Cyclically Adjusted PS Ratio is 19.50 as of Aug. 29, 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 Xiamen Leading Optics Co (SHSE:605118) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen Leading Optics Co stock appears to be undervalued. The current stock price of ¥29.84 is trading 7.6% below its estimated GF Value™ of ¥32.31. GuruFocus considers Xiamen Leading Optics Co to be Fairly Valued.

Key valuation signals for SHSE:605118:

  • Cyclically Adjusted PS Ratio: 19.50 (28% below median its 10-year median of 27.25)
  • GF Value™: ¥32.31 vs. price of ¥29.84 (7.6% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 1302.9% above the Hardware median (#1909 of 1971)

No single metric tells the full story. See the SHSE:605118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiamen Leading Optics Co Business Description

Address Plant 1, No. 26, Xinmei Road, Xinyang Industrial Zone, Haicang District, Fujian Province, Xiamen, CHN, 361028
Xiamen Leading Optics Co Ltd is engaged in design, production and sales of optical lenses. The company's products include Surveillance Lens; Automotives Lens; Machine Vision Lens; ITS Lens; Low Distortion Lens; Consumer Imaging; and Panoramic Lens. Its products are used in multiple fields of application including security surveillance, medical and biological studies and researches, intelligent traffic systems, video conference, intelligent home security, sports camera and many more.
91GF Score

Get the complete analysis for SHSE:605118

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

¥29.84
Price
¥32.31
GF Value