SHZNF (Shenzhen Expressway) Cyclically Adjusted PS Ratio: 2.71 (As of Jul. 10, 2026) — 30% Below Median


SHZNF Shenzhen Expressway Corp Ltd SHZNF
67 GF Score
Price $0.95
GF Value $1.07
! 7 Warning Signs
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What is Shenzhen Expressway Cyclically Adjusted PS Ratio?

Shenzhen Expressway SHZNF 67 Cyclically Adjusted PS Ratio is 2.71 as of Jul. 10, 2026, which is 30% below its 10-year median of 3.88. GuruFocus rates SHZNF with a GF Score™ of 67/100 and a GF Value™ of $1.07. The stock has 7 warning signs investors should review. Among 1,353 Construction companies, Shenzhen Expressway ranks worse than 83.07% on this metric.

As of today (2026-07-10), Shenzhen Expressway's current share price is $0.94975. Shenzhen Expressway's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.35. Shenzhen Expressway's Cyclically Adjusted PS Ratio for today is 2.71.

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

SHZNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.35   Med: 3.88   Max: 7.02
Current: 2.49

During the past years, Shenzhen Expressway's highest Cyclically Adjusted PS Ratio was 7.02. The lowest was 2.35. And the median was 3.88.

SHZNF's Cyclically Adjusted PS Ratio is ranked worse than
83.07% of 1353 companies
in the Construction industry
Industry Median: 0.71 vs SHZNF: 2.49

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 Expressway's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.096. 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 $0.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Expressway  (OTCPK:SHZNF) 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 Expressway Cyclically Adjusted PS Ratio Related Terms


Shenzhen Expressway Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shenzhen Expressway'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 Expressway Cyclically Adjusted PS Ratio Chart

Shenzhen Expressway 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 3.80 3.11 2.90 4.14 2.55

Shenzhen Expressway 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 3.39 3.14 2.94 2.55 2.69

Shenzhen Expressway Cyclically Adjusted PS Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Shenzhen Expressway'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 Expressway Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Expressway's Cyclically Adjusted PS Ratio falls into.


SHZNF
67GF Score
Shenzhen Expressway Corp Ltd SHZNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Expressway 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 Expressway's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.94975/0.35
=2.71

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

For example, Shenzhen Expressway'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)
=0.096/116.3033*116.3033
=0.096

Current CPI (Mar. 2026) = 116.3033.

Shenzhen Expressway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.074 101.400 0.085
201609 0.077 102.400 0.087
201612 0.090 102.600 0.102
201703 0.074 103.200 0.083
201706 0.079 103.100 0.089
201709 0.095 104.100 0.106
201712 0.108 104.500 0.120
201803 0.097 105.300 0.107
201806 0.095 104.900 0.105
201809 0.098 106.600 0.107
201812 0.111 106.500 0.121
201903 0.091 107.700 0.098
201906 0.092 107.700 0.099
201909 0.096 109.800 0.102
201912 0.146 111.200 0.153
202003 0.031 112.300 0.032
202006 0.080 110.400 0.084
202009 0.117 111.700 0.122
202012 0.307 111.500 0.320
202103 0.127 112.662 0.131
202106 0.150 111.769 0.156
202109 0.161 112.215 0.167
202112 0.285 113.108 0.293
202203 0.114 114.335 0.116
202206 0.143 114.558 0.145
202209 0.170 115.339 0.171
202212 0.151 115.116 0.153
202303 0.114 115.116 0.115
202306 0.129 114.558 0.131
202309 0.131 115.339 0.132
202312 0.179 114.781 0.181
202403 0.117 115.227 0.118
202406 0.093 114.781 0.094
202409 0.128 115.785 0.129
202412 0.150 114.893 0.152
202503 0.104 115.116 0.105
202506 0.112 114.907 0.113
202509 0.113 115.471 0.114
202512 0.150 115.832 0.151
202603 0.096 116.303 0.096

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 2.71 mean?
Shenzhen Expressway (SHZNF) has a Cyclically Adjusted PS Ratio of 2.71 as of Jul. 10, 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 Expressway and its competitors. This is 30% below median its historical median of 3.88. Over the past decade, Shenzhen Expressway's Cyclically Adjusted PS Ratio has ranged from 2.35 to 7.02. According to the industry distribution chart, Shenzhen Expressway ranks #1124 out of 1353 companies in the Construction industry, placing it in the top 83.1%.
Is Shenzhen Expressway's Cyclically Adjusted PS Ratio too high?
Shenzhen Expressway's current Cyclically Adjusted PS Ratio of 2.71 is 30% below median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 7.02. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Shenzhen Expressway's value of 2.71 is 281.7% above this industry median. Based on the distribution chart, Shenzhen Expressway ranks #1124 out of 1353 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Expressway has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Expressway's Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, Shenzhen Expressway ranks #1124 out of 1353 companies for Cyclically Adjusted PS Ratio. This places Shenzhen Expressway in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Shenzhen Expressway's value of 2.71 is 281.7% above this benchmark. Historically, Shenzhen Expressway's own Cyclically Adjusted PS Ratio has ranged from 2.35 to 7.02 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 0.71, Shenzhen Expressway 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,353 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 Expressway's current Cyclically Adjusted PS Ratio of 2.71 is 281.7% 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 Expressway and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Expressway's current Cyclically Adjusted PS Ratio is 2.71, which is 30% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Expressway stock overvalued right now?
Shenzhen Expressway (SHZNF) has a current Cyclically Adjusted PS Ratio of 2.71. The stock's GF Value™ is $1.07, compared to a current price of $0.95 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.71, which is 30% below median its 10-year median of 3.88 and 281.7% above the Construction industry median of 0.71. Shenzhen Expressway's overall GF Score™ is 67/100 with 7 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 Expressway (SHZNF), the current Cyclically Adjusted PS Ratio is 2.71 as of Jul. 10, 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 Expressway (SHZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Expressway stock appears to be undervalued. The current stock price of $0.95 is trading 11.2% below its estimated GF Value™ of $1.07.

Key valuation signals for SHZNF:

  • Cyclically Adjusted PS Ratio: 2.71 (30% below median its 10-year median of 3.88)
  • GF Value™: $1.07 vs. price of $0.95 (11.2% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 281.7% above the Construction median (#1124 of 1353)

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


Shenzhen Expressway Business Description

Address Shennan Avenue, No. 9968, Hanking Centre, 46th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Expressway Corp Ltd is engaged in the construction, operation, management, and investment of toll highways and environmental protection in China. The Group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the toll road segment.
67GF Score

Get the complete analysis for SHZNF

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

$0.95
Price
$1.07
GF Value