Arctech Solar Holding Co (SHSE:688408) Cyclically Adjusted PS Ratio: 1.24 (As of Aug. 16, 2026) — 43% Below Median

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SHSE:688408 Arctech Solar Holding Co Ltd SHSE:688408
77 GF Score
Price ¥26.08
GF Value ¥49.00
Valuation Possible Value Trap
! 8 Warning Signs
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What is Arctech Solar Holding Co Cyclically Adjusted PS Ratio?

Arctech Solar Holding Co SHSE:688408 -1.70% 77 Cyclically Adjusted PS Ratio is 1.24 as of Aug. 16, 2026, which is 43% below its 10-year median of 2.19. GuruFocus rates SHSE:688408 with a GF Score™ of 77/100 and a GF Value™ of ¥49.00 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 729 Semiconductors companies, Arctech Solar Holding Co ranks better than 71.88% on this metric.

As of today (2026-08-16), Arctech Solar Holding Co's current share price is ¥26.08. Arctech Solar Holding Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ¥21.02. Arctech Solar Holding Co's Cyclically Adjusted PS Ratio for today is 1.24.

The historical rank and industry rank for Arctech Solar Holding Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:688408' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.19   Max: 2.43
Current: 1.24

During the past 10 years, Arctech Solar Holding Co's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 1.24. And the median was 2.19.

SHSE:688408's Cyclically Adjusted PS Ratio is ranked better than
71.88% of 729 companies
in the Semiconductors industry
Industry Median: 3.12 vs SHSE:688408: 1.24

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.

Arctech Solar Holding Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥34.074. 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 ¥21.02 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arctech Solar Holding Co  (SHSE:688408) 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.


Arctech Solar Holding Co Cyclically Adjusted PS Ratio Related Terms


Arctech Solar Holding Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arctech Solar Holding 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.

Arctech Solar Holding Co Cyclically Adjusted PS Ratio Chart

Arctech Solar Holding 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 2.00

Arctech Solar Holding 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 2.00 0.00

SHSE:688408 vs FSLR, NXT, ENPH: Cyclically Adjusted PS Ratio Comparison

For the Solar subindustry, Arctech Solar Holding 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.


Arctech Solar Holding Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Arctech Solar Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Arctech Solar Holding Co's Cyclically Adjusted PS Ratio falls into.


SHSE:688408
77GF Score
Arctech Solar Holding Co Ltd SHSE:688408
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arctech Solar Holding 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.

Arctech Solar Holding Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.08/21.02
=1.24

* 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.

Arctech Solar Holding Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Arctech Solar Holding 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)
=34.074/115.8323*115.8323
=34.074

Current CPI (Dec25) = 115.8323.

Arctech Solar Holding Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 6.016 102.600 6.792
201712 10.809 104.500 11.981
201812 13.738 106.500 14.942
201912 15.007 111.200 15.632
202012 18.534 111.500 19.254
202112 11.862 113.108 12.148
202212 18.456 115.116 18.571
202312 31.669 114.781 31.959
202412 44.450 114.893 44.814
202512 34.074 115.832 34.074

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 1.24 mean?
Arctech Solar Holding Co (SHSE:688408) has a Cyclically Adjusted PS Ratio of 1.24 as of Aug. 16, 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 Arctech Solar Holding Co and its competitors. This is 43% below median its historical median of 2.19. Over the past decade, Arctech Solar Holding Co's Cyclically Adjusted PS Ratio has ranged from 1.24 to 2.43. According to the industry distribution chart, Arctech Solar Holding Co ranks #205 out of 729 companies in the Semiconductors industry, placing it in the top 28.1%.
Is Arctech Solar Holding Co's Cyclically Adjusted PS Ratio too high?
Arctech Solar Holding Co's current Cyclically Adjusted PS Ratio of 1.24 is 43% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.43. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.12. Arctech Solar Holding Co's value of 1.24 is 60.3% below this industry median. Based on the distribution chart, Arctech Solar Holding Co ranks #205 out of 729 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Arctech Solar Holding Co has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctech Solar Holding Co's Cyclically Adjusted PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Arctech Solar Holding Co ranks #205 out of 729 companies for Cyclically Adjusted PS Ratio. This puts Arctech Solar Holding Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.12. Arctech Solar Holding Co's value of 1.24 is 60.3% below this benchmark. Historically, Arctech Solar Holding Co's own Cyclically Adjusted PS Ratio has ranged from 1.24 to 2.43 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 3.12, Arctech Solar Holding Co has consistently been below 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 3.12, 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. Arctech Solar Holding Co's current Cyclically Adjusted PS Ratio of 1.24 is 60.3% below 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 Arctech Solar Holding Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arctech Solar Holding Co's current Cyclically Adjusted PS Ratio is 1.24, which is 43% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctech Solar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Arctech Solar Holding Co (SHSE:688408) is currently considered Possible Value Trap. The stock's GF Value™ is ¥49.00, compared to a current price of ¥26.08 — trading 46.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.24, which is 43% below median its 10-year median of 2.19 and 60.3% below the Semiconductors industry median of 3.12. Arctech Solar Holding Co's overall GF Score™ is 77/100 with 8 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 Arctech Solar Holding Co (SHSE:688408), the current Cyclically Adjusted PS Ratio is 1.24 as of Aug. 16, 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 Arctech Solar Holding Co (SHSE:688408) Overvalued in 2026?

Based on GuruFocus' analysis, Arctech Solar Holding Co stock appears to be undervalued. The current stock price of ¥26.08 is trading 46.8% below its estimated GF Value™ of ¥49.00. GuruFocus considers Arctech Solar Holding Co to be Possible Value Trap.

Key valuation signals for SHSE:688408:

  • Cyclically Adjusted PS Ratio: 1.24 (43% below median its 10-year median of 2.19)
  • GF Value™: ¥49.00 vs. price of ¥26.08 (46.8% below fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 60.3% below the Semiconductors median (#205 of 729)

No single metric tells the full story. See the SHSE:688408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arctech Solar Holding Co Business Description

Address 2388 Huangpujiang Middle Road, Lujia Town, Jiangsu Province, Kunshan, CHN, 215331
Arctech Solar Holding Co Ltd is engaged in design, production and sales of photovoltaic brackets. The company manufacturers and provides solutions for solar tracking and racking systems for utilities, commercial, industrial and residential projects. Its products under Tracker include Skyline Tracking System; SkySmart Tracking System; Arctracker Pro with tilted modules; Tilt single axis tracker; and products under Mounting structure include Seasonal Tilt; Dual Pole Solutions; and Single Pole Solutions.
77GF Score

Get the complete analysis for SHSE:688408

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

¥26.08
Price
¥49.00
GF Value