Zhangjiagang Guangda Special Material Co (SHSE:688186) Cyclically Adjusted PS Ratio: 0.89 (As of Aug. 23, 2026) — 44% 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:688186 Zhangjiagang Guangda Special Material Co Ltd SHSE:688186
72 GF Score
Price ¥13.88
GF Value ¥22.70
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Zhangjiagang Guangda Special Material Co Cyclically Adjusted PS Ratio?

Zhangjiagang Guangda Special Material Co SHSE:688186 +0.95% 72 Cyclically Adjusted PS Ratio is 0.89 as of Aug. 23, 2026, which is 44% below its 10-year median of 1.58. GuruFocus rates SHSE:688186 with a GF Score™ of 72/100 and a GF Value™ of ¥22.70 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 513 Steel companies, Zhangjiagang Guangda Special Material Co ranks worse than 68.81% on this metric.

As of today (2026-08-23), Zhangjiagang Guangda Special Material Co's current share price is ¥13.88. Zhangjiagang Guangda Special Material Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ¥15.54. Zhangjiagang Guangda Special Material Co's Cyclically Adjusted PS Ratio for today is 0.89.

The historical rank and industry rank for Zhangjiagang Guangda Special Material Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:688186' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.58   Max: 1.82
Current: 0.89

During the past 10 years, Zhangjiagang Guangda Special Material Co's highest Cyclically Adjusted PS Ratio was 1.82. The lowest was 0.89. And the median was 1.58.

SHSE:688186's Cyclically Adjusted PS Ratio is ranked worse than
68.81% of 513 companies
in the Steel industry
Industry Median: 0.44 vs SHSE:688186: 0.89

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.

Zhangjiagang Guangda Special Material Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥21.218. 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 ¥15.54 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhangjiagang Guangda Special Material Co  (SHSE:688186) 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.


Zhangjiagang Guangda Special Material Co Cyclically Adjusted PS Ratio Related Terms


Zhangjiagang Guangda Special Material Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material Co Cyclically Adjusted PS Ratio Chart

Zhangjiagang Guangda Special Material 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 1.46

Zhangjiagang Guangda Special Material Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 1.46 0.00

SHSE:688186 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Zhangjiagang Guangda Special Material 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.


Zhangjiagang Guangda Special Material Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Zhangjiagang Guangda Special Material Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Guangda Special Material Co's Cyclically Adjusted PS Ratio falls into.


SHSE:688186
72GF Score
Zhangjiagang Guangda Special Material Co Ltd SHSE:688186
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.88/15.54
=0.89

* 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.

Zhangjiagang Guangda Special Material Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Zhangjiagang Guangda Special Material 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)
=21.218/115.8323*115.8323
=21.218

Current CPI (Dec25) = 115.8323.

Zhangjiagang Guangda Special Material Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.000 102.600 0.000
201712 11.201 104.500 12.416
201812 14.920 106.500 16.227
201912 12.908 111.200 13.446
202012 11.500 111.500 11.947
202112 14.767 113.108 15.123
202212 15.702 115.116 15.800
202312 16.304 114.781 16.453
202412 17.111 114.893 17.251
202512 21.218 115.832 21.218

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 0.89 mean?
Zhangjiagang Guangda Special Material Co (SHSE:688186) has a Cyclically Adjusted PS Ratio of 0.89 as of Aug. 23, 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 Zhangjiagang Guangda Special Material Co and its competitors. This is 44% below median its historical median of 1.58. Over the past decade, Zhangjiagang Guangda Special Material Co's Cyclically Adjusted PS Ratio has ranged from 0.89 to 1.82. According to the industry distribution chart, Zhangjiagang Guangda Special Material Co ranks #353 out of 513 companies in the Steel industry, placing it in the top 68.8%.
Is Zhangjiagang Guangda Special Material Co's Cyclically Adjusted PS Ratio too high?
Zhangjiagang Guangda Special Material Co's current Cyclically Adjusted PS Ratio of 0.89 is 44% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 1.82. The Steel industry median Cyclically Adjusted PS Ratio is 0.44. Zhangjiagang Guangda Special Material Co's value of 0.89 is 102.3% above this industry median. Based on the distribution chart, Zhangjiagang Guangda Special Material Co ranks #353 out of 513 companies in the Steel industry, which is below the industry midpoint. Overall, Zhangjiagang Guangda Special Material Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhangjiagang Guangda Special Material Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Zhangjiagang Guangda Special Material Co ranks #353 out of 513 companies for Cyclically Adjusted PS Ratio. This places Zhangjiagang Guangda Special Material Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.44. Zhangjiagang Guangda Special Material Co's value of 0.89 is 102.3% above this benchmark. Historically, Zhangjiagang Guangda Special Material Co's own Cyclically Adjusted PS Ratio has ranged from 0.89 to 1.82 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 0.44, Zhangjiagang Guangda Special Material 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.44, based on 513 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. Zhangjiagang Guangda Special Material Co's current Cyclically Adjusted PS Ratio of 0.89 is 102.3% 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 Zhangjiagang Guangda Special Material Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhangjiagang Guangda Special Material Co's current Cyclically Adjusted PS Ratio is 0.89, which is 44% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhangjiagang Guangda Special Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhangjiagang Guangda Special Material Co (SHSE:688186) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.70, compared to a current price of ¥13.88 — trading 38.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.89, which is 44% below median its 10-year median of 1.58 and 102.3% above the Steel industry median of 0.44. Zhangjiagang Guangda Special Material Co's overall GF Score™ is 72/100 with 9 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 Zhangjiagang Guangda Special Material Co (SHSE:688186), the current Cyclically Adjusted PS Ratio is 0.89 as of Aug. 23, 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 Zhangjiagang Guangda Special Material Co (SHSE:688186) Overvalued in 2026?

Based on GuruFocus' analysis, Zhangjiagang Guangda Special Material Co stock appears to be undervalued. The current stock price of ¥13.88 is trading 38.9% below its estimated GF Value™ of ¥22.70. GuruFocus considers Zhangjiagang Guangda Special Material Co to be Possible Value Trap.

Key valuation signals for SHSE:688186:

  • Cyclically Adjusted PS Ratio: 0.89 (44% below median its 10-year median of 1.58)
  • GF Value™: ¥22.70 vs. price of ¥13.88 (38.9% below fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 102.3% above the Steel median (#353 of 513)

No single metric tells the full story. See the SHSE:688186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhangjiagang Guangda Special Material Co Business Description

Address Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
72GF Score

Get the complete analysis for SHSE:688186

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

¥13.88
Price
¥22.70
GF Value