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Shenzhen Newway Photomask Making CoSHSE:688401 +5.90%78 Cyclically Adjusted PS Ratio is 22.42 as of Aug. 15, 2026, which is 115% above its 10-year median of 10.42. GuruFocus rates SHSE:688401 with a GF Score™ of 78/100 and a GF Value™ of ¥54.92 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 729 Semiconductors companies, Shenzhen Newway Photomask Making Co ranks worse than 90.53% on this metric.
The historical rank and industry rank for Shenzhen Newway Photomask Making Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
SHSE:688401'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.16 Med: 10.42 Max: 21.86
Current: 21.86
During the past 13 years, Shenzhen Newway Photomask Making Co's highest Cyclically Adjusted PS Ratio was 21.86. The lowest was 8.16. And the median was 10.42.
SHSE:688401's Cyclically Adjusted PS Ratio is ranked worse than 90.53% of 729
companies
in the Semiconductors industry
Industry Median: 3.02
vs SHSE:688401: 21.86
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.
Shenzhen Newway Photomask Making Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥5.914. 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 ¥3.22 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Shenzhen Newway Photomask Making Co (SHSE:688401) 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.
Shenzhen Newway Photomask Making Co Cyclically Adjusted PS Ratio Related Terms
Shenzhen Newway Photomask Making 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.
Shenzhen Newway Photomask Making Co Cyclically Adjusted PS Ratio Chart
SHSE:688401 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Shenzhen Newway Photomask Making 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.
Shenzhen Newway Photomask Making Co Cyclically Adjusted PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shenzhen Newway Photomask Making Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Newway Photomask Making Co's Cyclically Adjusted PS Ratio falls into.
Shenzhen Newway Photomask Making 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 22.42 mean?
Shenzhen Newway Photomask Making Co (SHSE:688401) has a Cyclically Adjusted PS Ratio of 22.42 as of Aug. 15, 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 Shenzhen Newway Photomask Making Co and its competitors. This is 115% above median its historical median of 10.42. Over the past decade, Shenzhen Newway Photomask Making Co's Cyclically Adjusted PS Ratio has ranged from 8.16 to 21.86. According to the industry distribution chart, Shenzhen Newway Photomask Making Co ranks #660 out of 729 companies in the Semiconductors industry, placing it in the top 90.5%.
Is Shenzhen Newway Photomask Making Co's Cyclically Adjusted PS Ratio too high?
Shenzhen Newway Photomask Making Co's current Cyclically Adjusted PS Ratio of 22.42 is 115% above median its 10-year median of 10.42. Over the past 10 years, this metric has ranged from a low of 8.16 to a high of 21.86. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.02. Shenzhen Newway Photomask Making Co's value of 22.42 is 642.4% above this industry median. Based on the distribution chart, Shenzhen Newway Photomask Making Co ranks #660 out of 729 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Newway Photomask Making Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Newway Photomask Making Co's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Shenzhen Newway Photomask Making Co ranks #660 out of 729 companies for Cyclically Adjusted PS Ratio. This places Shenzhen Newway Photomask Making Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.02. Shenzhen Newway Photomask Making Co's value of 22.42 is 642.4% above this benchmark. Historically, Shenzhen Newway Photomask Making Co's own Cyclically Adjusted PS Ratio has ranged from 8.16 to 21.86 over the past decade. While the company's 10-year median is 10.42 vs. the industry median of 3.02, Shenzhen Newway Photomask Making 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.02, based on 729 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. Shenzhen Newway Photomask Making Co's current Cyclically Adjusted PS Ratio of 22.42 is 642.4% 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 Shenzhen Newway Photomask Making Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Newway Photomask Making Co's current Cyclically Adjusted PS Ratio is 22.42, which is 115% above median its own 10-year median of 10.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Newway Photomask Making Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co (SHSE:688401) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥54.92, compared to a current price of ¥72.19 — trading 31.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 22.42, which is 115% above median its 10-year median of 10.42 and 642.4% above the Semiconductors industry median of 3.02. Shenzhen Newway Photomask Making Co's overall GF Score™ is 78/100 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 Shenzhen Newway Photomask Making Co (SHSE:688401), the current Cyclically Adjusted PS Ratio is 22.42 as of Aug. 15, 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 Shenzhen Newway Photomask Making Co (SHSE:688401) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co stock appears to be overvalued.
The current stock price of ¥72.19 is trading 31.4% above its estimated GF Value™ of ¥54.92.
GuruFocus considers Shenzhen Newway Photomask Making Co to be Significantly Overvalued.
Key valuation signals for SHSE:688401:
Cyclically Adjusted PS Ratio: 22.42 (115% above median its 10-year median of 10.42)
GF Value™: ¥54.92 vs. price of ¥72.19 (31.4% above fair value)
Industry Position: 642.4% above the Semiconductors median (#660 of 729)
No single metric tells the full story. See the SHSE:688401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Newway Photomask Making Co Ltd is engage research and development, production and sales of photomasks used in industries such as integrated circuits and displays; research and development, production and sales of photomask materials; technology development and sales of electronic products and software; research and development, production and sales of electronic equipment; engage in the import and export of goods and technology (excluding distribution and state-monopolized and controlled commodities).
78GF Score
Get the complete analysis for SHSE:688401
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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