Shenzhen United Winners Laser Co (SHSE:688518) Cyclically Adjusted PS Ratio: 2.93 (As of Aug. 23, 2026) — 19% Below Median

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SHSE:688518 Shenzhen United Winners Laser Co Ltd SHSE:688518
90 GF Score
Price ¥19.81
GF Value ¥20.24
Valuation Fairly Valued
! 8 Warning Signs
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What is Shenzhen United Winners Laser Co Cyclically Adjusted PS Ratio?

Shenzhen United Winners Laser Co SHSE:688518 +1.80% 90 Cyclically Adjusted PS Ratio is 2.93 as of Aug. 23, 2026, which is 19% below its 10-year median of 3.62. GuruFocus rates SHSE:688518 with a GF Score™ of 90/100 and a GF Value™ of ¥20.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,283 Industrial Products companies, Shenzhen United Winners Laser Co ranks worse than 66.01% on this metric.

As of today (2026-08-23), Shenzhen United Winners Laser Co's current share price is ¥19.81. Shenzhen United Winners Laser Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥6.75. Shenzhen United Winners Laser Co's Cyclically Adjusted PS Ratio for today is 2.93.

The historical rank and industry rank for Shenzhen United Winners Laser Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:688518' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.35   Med: 3.62   Max: 4.99
Current: 2.93

During the past years, Shenzhen United Winners Laser Co's highest Cyclically Adjusted PS Ratio was 4.99. The lowest was 2.35. And the median was 3.62.

SHSE:688518's Cyclically Adjusted PS Ratio is ranked worse than
66.01% of 2283 companies
in the Industrial Products industry
Industry Median: 1.8 vs SHSE:688518: 2.93

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 United Winners Laser Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥2.505. 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 ¥6.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen United Winners Laser Co  (SHSE:688518) 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 United Winners Laser Co Cyclically Adjusted PS Ratio Related Terms


Shenzhen United Winners Laser Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shenzhen United Winners Laser 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.

Shenzhen United Winners Laser Co Cyclically Adjusted PS Ratio Chart

Shenzhen United Winners Laser 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 2.59 3.66

Shenzhen United Winners Laser 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 2.60 3.26 4.14 3.66 3.51

SHSE:688518 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shenzhen United Winners Laser 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 United Winners Laser Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen United Winners Laser Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen United Winners Laser Co's Cyclically Adjusted PS Ratio falls into.


SHSE:688518
90GF Score
Shenzhen United Winners Laser Co Ltd SHSE:688518
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen United Winners Laser 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.

Shenzhen United Winners Laser Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.81/6.75
=2.93

* 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 United Winners Laser Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shenzhen United Winners Laser Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.505/116.3033*116.3033
=2.505

Current CPI (Mar. 2026) = 116.3033.

Shenzhen United Winners Laser Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.685 102.200 0.780
201606 0.691 101.400 0.793
201612 0.000 102.600 0.000
201703 0.947 103.200 1.067
201706 0.684 103.100 0.772
201709 0.886 104.100 0.990
201712 1.241 104.500 1.381
201803 0.856 105.300 0.945
201806 0.937 104.900 1.039
201809 0.779 106.600 0.850
201812 1.833 106.500 2.002
201903 0.657 107.700 0.709
201906 1.368 107.700 1.477
201909 0.886 109.800 0.938
201912 1.522 111.200 1.592
202003 0.682 112.300 0.706
202006 0.690 110.400 0.727
202009 0.936 111.700 0.975
202012 1.565 111.500 1.632
202103 0.715 112.662 0.738
202106 1.015 111.769 1.056
202109 1.405 112.215 1.456
202112 1.627 113.108 1.673
202203 1.245 114.335 1.266
202206 1.976 114.558 2.006
202209 3.218 115.339 3.245
202212 2.887 115.116 2.917
202303 2.351 115.116 2.375
202306 2.772 114.558 2.814
202309 2.563 115.339 2.584
202312 2.729 114.781 2.765
202403 2.050 115.227 2.069
202406 2.225 114.781 2.255
202409 2.235 115.785 2.245
202412 2.826 114.893 2.861
202503 2.597 115.116 2.624
202506 1.915 114.907 1.938
202509 2.151 115.471 2.166
202512 2.880 115.832 2.892
202603 2.505 116.303 2.505

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 2.93 mean?
Shenzhen United Winners Laser Co (SHSE:688518) has a Cyclically Adjusted PS Ratio of 2.93 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 Shenzhen United Winners Laser Co and its competitors. This is 19% below median its historical median of 3.62. Over the past decade, Shenzhen United Winners Laser Co's Cyclically Adjusted PS Ratio has ranged from 2.35 to 4.99. According to the industry distribution chart, Shenzhen United Winners Laser Co ranks #1507 out of 2283 companies in the Industrial Products industry, placing it in the top 66%.
Is Shenzhen United Winners Laser Co's Cyclically Adjusted PS Ratio too high?
Shenzhen United Winners Laser Co's current Cyclically Adjusted PS Ratio of 2.93 is 19% below median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 4.99. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. Shenzhen United Winners Laser Co's value of 2.93 is 62.8% above this industry median. Based on the distribution chart, Shenzhen United Winners Laser Co ranks #1507 out of 2283 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shenzhen United Winners Laser Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen United Winners Laser Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen United Winners Laser Co ranks #1507 out of 2283 companies for Cyclically Adjusted PS Ratio. This places Shenzhen United Winners Laser Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. Shenzhen United Winners Laser Co's value of 2.93 is 62.8% above this benchmark. Historically, Shenzhen United Winners Laser Co's own Cyclically Adjusted PS Ratio has ranged from 2.35 to 4.99 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 1.80, Shenzhen United Winners Laser 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.80, based on 2,283 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 United Winners Laser Co's current Cyclically Adjusted PS Ratio of 2.93 is 62.8% 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 United Winners Laser Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen United Winners Laser Co's current Cyclically Adjusted PS Ratio is 2.93, which is 19% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen United Winners Laser Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen United Winners Laser Co (SHSE:688518) is currently considered Fairly Valued. The stock's GF Value™ is ¥20.24, compared to a current price of ¥19.81 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.93, which is 19% below median its 10-year median of 3.62 and 62.8% above the Industrial Products industry median of 1.80. Shenzhen United Winners Laser Co's overall GF Score™ is 90/100 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 Shenzhen United Winners Laser Co (SHSE:688518), the current Cyclically Adjusted PS Ratio is 2.93 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 Shenzhen United Winners Laser Co (SHSE:688518) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen United Winners Laser Co stock appears to be undervalued. The current stock price of ¥19.81 is trading 2.1% below its estimated GF Value™ of ¥20.24. GuruFocus considers Shenzhen United Winners Laser Co to be Fairly Valued.

Key valuation signals for SHSE:688518:

  • Cyclically Adjusted PS Ratio: 2.93 (19% below median its 10-year median of 3.62)
  • GF Value™: ¥20.24 vs. price of ¥19.81 (2.1% below fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 62.8% above the Industrial Products median (#1507 of 2283)

No single metric tells the full story. See the SHSE:688518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen United Winners Laser Co Business Description

Address 3370 Liuxian Avenue, Taoyuan Street, 1203, Building 2, Chongwen Park, Nanshan Zhiyuan, Fuguang Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.
90GF Score

Get the complete analysis for SHSE:688518

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

¥19.81
Price
¥20.24
GF Value