Shanghainmao Enterprise (Group) Co (SHSE:900922) Cyclically Adjusted PS Ratio: 1.90 (As of Aug. 31, 2026) — 46% Above 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:900922 Shanghai Sanmao Enterprise (Group) Co Ltd SHSE:900922
53 GF Score
Price $0.61
GF Value $0.80
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Shanghainmao Enterprise (Group) Co Cyclically Adjusted PS Ratio?

Shanghainmao Enterprise (Group) Co SHSE:900922 -3.95% 53 Cyclically Adjusted PS Ratio is 1.90 as of Aug. 31, 2026, which is 46% above its 10-year median of 1.30. GuruFocus rates SHSE:900922 with a GF Score™ of 53/100 and a GF Value™ of $0.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 888 Manufacturing - Apparel & Accessories companies, Shanghainmao Enterprise (Group) Co ranks worse than 79.62% on this metric.

As of today (2026-08-31), Shanghainmao Enterprise (Group) Co's current share price is $0.608. Shanghainmao Enterprise (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.32. Shanghainmao Enterprise (Group) Co's Cyclically Adjusted PS Ratio for today is 1.90.

The historical rank and industry rank for Shanghainmao Enterprise (Group) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:900922' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.3   Max: 2.56
Current: 2.01

During the past years, Shanghainmao Enterprise (Group) Co's highest Cyclically Adjusted PS Ratio was 2.56. The lowest was 0.68. And the median was 1.30.

SHSE:900922's Cyclically Adjusted PS Ratio is ranked worse than
79.62% of 888 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs SHSE:900922: 2.01

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.

Shanghainmao Enterprise (Group) Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.155. 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 $0.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghainmao Enterprise (Group) Co  (SHSE:900922) 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.


Shanghainmao Enterprise (Group) Co Cyclically Adjusted PS Ratio Related Terms


Shanghainmao Enterprise (Group) Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanghainmao Enterprise (Group) 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.

Shanghainmao Enterprise (Group) Co Cyclically Adjusted PS Ratio Chart

Shanghainmao Enterprise (Group) 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 0.95 1.40 1.92 1.82 2.19

Shanghainmao Enterprise (Group) 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 1.88 2.08 2.33 2.19 2.15

Shanghainmao Enterprise (Group) Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Shanghainmao Enterprise (Group) 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.


Shanghainmao Enterprise (Group) Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghainmao Enterprise (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghainmao Enterprise (Group) Co's Cyclically Adjusted PS Ratio falls into.


SHSE:900922
53GF Score
Shanghai Sanmao Enterprise (Group) Co Ltd SHSE:900922
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghainmao Enterprise (Group) 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.

Shanghainmao Enterprise (Group) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.608/0.32
=1.90

* 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.

Shanghainmao Enterprise (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanghainmao Enterprise (Group) 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)
=0.155/116.3033*116.3033
=0.155

Current CPI (Mar. 2026) = 116.3033.

Shanghainmao Enterprise (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.174 101.400 0.200
201609 0.206 102.400 0.234
201612 0.245 102.600 0.278
201703 0.204 103.200 0.230
201706 0.212 103.100 0.239
201709 0.222 104.100 0.248
201712 0.260 104.500 0.289
201803 0.271 105.300 0.299
201806 0.233 104.900 0.258
201809 0.272 106.600 0.297
201812 0.203 106.500 0.222
201903 0.237 107.700 0.256
201906 0.213 107.700 0.230
201909 0.249 109.800 0.264
201912 0.258 111.200 0.270
202003 0.154 112.300 0.159
202006 0.141 110.400 0.149
202009 0.172 111.700 0.179
202012 0.240 111.500 0.250
202103 0.122 112.662 0.126
202106 0.137 111.769 0.143
202109 0.171 112.215 0.177
202112 0.268 113.108 0.276
202203 0.089 114.335 0.091
202206 0.122 114.558 0.124
202209 0.241 115.339 0.243
202212 0.173 115.116 0.175
202303 0.200 115.116 0.202
202306 0.167 114.558 0.170
202309 0.189 115.339 0.191
202312 0.233 114.781 0.236
202403 0.172 115.227 0.174
202406 0.145 114.781 0.147
202409 0.247 115.785 0.248
202412 0.249 114.893 0.252
202503 0.256 115.116 0.259
202506 0.199 114.907 0.201
202509 0.209 115.471 0.211
202512 0.518 115.832 0.520
202603 0.155 116.303 0.155

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 1.90 mean?
Shanghainmao Enterprise (Group) Co (SHSE:900922) has a Cyclically Adjusted PS Ratio of 1.90 as of Aug. 31, 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 Shanghainmao Enterprise (Group) Co and its competitors. This is 46% above median its historical median of 1.30. Over the past decade, Shanghainmao Enterprise (Group) Co's Cyclically Adjusted PS Ratio has ranged from 0.68 to 2.56. According to the industry distribution chart, Shanghainmao Enterprise (Group) Co ranks #707 out of 888 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79.6%.
Is Shanghainmao Enterprise (Group) Co's Cyclically Adjusted PS Ratio too high?
Shanghainmao Enterprise (Group) Co's current Cyclically Adjusted PS Ratio of 1.90 is 46% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.56. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Shanghainmao Enterprise (Group) Co's value of 1.90 is 196.9% above this industry median. Based on the distribution chart, Shanghainmao Enterprise (Group) Co ranks #707 out of 888 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shanghainmao Enterprise (Group) Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghainmao Enterprise (Group) Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanghainmao Enterprise (Group) Co ranks #707 out of 888 companies for Cyclically Adjusted PS Ratio. This places Shanghainmao Enterprise (Group) Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. Shanghainmao Enterprise (Group) Co's value of 1.90 is 196.9% above this benchmark. Historically, Shanghainmao Enterprise (Group) Co's own Cyclically Adjusted PS Ratio has ranged from 0.68 to 2.56 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 0.64, Shanghainmao Enterprise (Group) 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 888 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. Shanghainmao Enterprise (Group) Co's current Cyclically Adjusted PS Ratio of 1.90 is 196.9% 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 Shanghainmao Enterprise (Group) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghainmao Enterprise (Group) Co's current Cyclically Adjusted PS Ratio is 1.90, which is 46% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghainmao Enterprise (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghainmao Enterprise (Group) Co (SHSE:900922) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.80, compared to a current price of $0.61 — trading 24% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.90, which is 46% above median its 10-year median of 1.30 and 196.9% above the Manufacturing - Apparel & Accessories industry median of 0.64. Shanghainmao Enterprise (Group) Co's overall GF Score™ is 53/100 with 5 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 Shanghainmao Enterprise (Group) Co (SHSE:900922), the current Cyclically Adjusted PS Ratio is 1.90 as of Aug. 31, 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 Shanghainmao Enterprise (Group) Co (SHSE:900922) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghainmao Enterprise (Group) Co stock appears to be undervalued. The current stock price of $0.61 is trading 24% below its estimated GF Value™ of $0.80. GuruFocus considers Shanghainmao Enterprise (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:900922:

  • Cyclically Adjusted PS Ratio: 1.90 (46% above median its 10-year median of 1.30)
  • GF Value™: $0.80 vs. price of $0.61 (24% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 196.9% above the Manufacturing - Apparel & Accessories median (#707 of 888)

No single metric tells the full story. See the SHSE:900922 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghainmao Enterprise (Group) Co Business Description

Other Exchanges 600689:China
Address No. 791 Xietu Road, Huangpu District, Shanghai, CHN, 200023
Shanghai Sanmao Enterprise (Group) Co Ltd is in the business of importing and exporting of woolen textile products. Further, it is also involved in real estate investment, modern estate management, development and management of real estate, sale of wool textile and related products and services. Geographically, the activities are carried out in China. The company generates key revenue from the import and export trade of textile products.
53GF Score

Get the complete analysis for SHSE:900922

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

$0.61
Price
$0.80
GF Value