SPTJF (Sinopec Shanghai Petrochemical Co) Cyclically Adjusted PS Ratio: 0.23 (As of Jul. 29, 2026) — 41% Below 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.

SPTJF Sinopec Shanghai Petrochemical Co Ltd SPTJF
44 GF Score
Price $0.12
GF Value $0.15
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Sinopec Shanghai Petrochemical Co Cyclically Adjusted PS Ratio?

Sinopec Shanghai Petrochemical Co SPTJF 44 Cyclically Adjusted PS Ratio is 0.23 as of Jul. 29, 2026, which is 41% below its 10-year median of 0.39. GuruFocus rates SPTJF with a GF Score™ of 44/100 and a GF Value™ of $0.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 707 Oil & Gas companies, Sinopec Shanghai Petrochemical Co ranks better than 77.37% on this metric.

As of today (2026-07-29), Sinopec Shanghai Petrochemical Co's current share price is $0.1249. Sinopec Shanghai Petrochemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.54. Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PS Ratio for today is 0.23.

The historical rank and industry rank for Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SPTJF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.39   Max: 1
Current: 0.32

During the past years, Sinopec Shanghai Petrochemical Co's highest Cyclically Adjusted PS Ratio was 1.00. The lowest was 0.29. And the median was 0.39.

SPTJF's Cyclically Adjusted PS Ratio is ranked better than
77.37% of 707 companies
in the Oil & Gas industry
Industry Median: 1.05 vs SPTJF: 0.32

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.

Sinopec Shanghai Petrochemical Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.241. 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 $0.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinopec Shanghai Petrochemical Co  (OTCPK:SPTJF) 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.


Sinopec Shanghai Petrochemical Co Cyclically Adjusted PS Ratio Related Terms


Sinopec Shanghai Petrochemical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co Cyclically Adjusted PS Ratio Chart

Sinopec Shanghai Petrochemical 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 0.45 0.33 0.32 0.34 0.32

Sinopec Shanghai Petrochemical 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 0.38 0.33 0.31 0.32 0.33

SPTJF vs MPC, VLO, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Sinopec Shanghai Petrochemical 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.


Sinopec Shanghai Petrochemical Co Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PS Ratio falls into.


SPTJF
44GF Score
Sinopec Shanghai Petrochemical Co Ltd SPTJF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.1249/0.54
=0.23

* 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.

Sinopec Shanghai Petrochemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sinopec Shanghai Petrochemical 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)
=0.241/116.3033*116.3033
=0.241

Current CPI (Mar. 2026) = 116.3033.

Sinopec Shanghai Petrochemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.288 101.400 0.330
201609 0.245 102.400 0.278
201612 0.312 102.600 0.354
201703 0.302 103.200 0.340
201706 0.278 103.100 0.314
201709 0.355 104.100 0.397
201712 0.330 104.500 0.367
201803 0.377 105.300 0.416
201806 0.378 104.900 0.419
201809 0.386 106.600 0.421
201812 0.362 106.500 0.395
201903 0.343 107.700 0.370
201906 0.362 107.700 0.391
201909 0.240 109.800 0.254
201912 0.426 111.200 0.446
202003 0.236 112.300 0.244
202006 0.233 110.400 0.245
202009 0.261 111.700 0.272
202012 0.283 111.500 0.295
202103 0.288 112.662 0.297
202106 0.242 111.769 0.252
202109 0.356 112.215 0.369
202112 0.396 113.108 0.407
202203 0.383 114.335 0.390
202206 0.268 114.558 0.272
202209 0.159 115.339 0.160
202212 0.326 115.116 0.329
202303 0.293 115.116 0.296
202306 0.302 114.558 0.307
202309 0.318 115.339 0.321
202312 0.294 114.781 0.298
202403 0.281 115.227 0.284
202406 0.379 114.781 0.384
202409 0.199 115.785 0.200
202412 0.379 114.893 0.384
202503 0.240 115.116 0.242
202506 0.285 114.907 0.288
202509 0.257 115.471 0.259
202512 0.224 115.832 0.225
202603 0.241 116.303 0.241

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 0.23 mean?
Sinopec Shanghai Petrochemical Co (SPTJF) has a Cyclically Adjusted PS Ratio of 0.23 as of Jul. 29, 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 Sinopec Shanghai Petrochemical Co and its competitors. This is 41% below median its historical median of 0.39. Over the past decade, Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.00. According to the industry distribution chart, Sinopec Shanghai Petrochemical Co ranks #160 out of 707 companies in the Oil & Gas industry, placing it in the top 22.6%.
Is Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PS Ratio too high?
Sinopec Shanghai Petrochemical Co's current Cyclically Adjusted PS Ratio of 0.23 is 41% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.00. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Sinopec Shanghai Petrochemical Co's value of 0.23 is 78.1% below this industry median. Based on the distribution chart, Sinopec Shanghai Petrochemical Co ranks #160 out of 707 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Sinopec Shanghai Petrochemical Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PS Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Sinopec Shanghai Petrochemical Co ranks #160 out of 707 companies for Cyclically Adjusted PS Ratio. This places Sinopec Shanghai Petrochemical Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.05. Sinopec Shanghai Petrochemical Co's value of 0.23 is 78.1% below this benchmark. Historically, Sinopec Shanghai Petrochemical Co's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.00 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.05, Sinopec Shanghai Petrochemical 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 707 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. Sinopec Shanghai Petrochemical Co's current Cyclically Adjusted PS Ratio of 0.23 is 78.1% 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 Sinopec Shanghai Petrochemical Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinopec Shanghai Petrochemical Co's current Cyclically Adjusted PS Ratio is 0.23, which is 41% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Shanghai Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co (SPTJF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.15, compared to a current price of $0.12 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.23, which is 41% below median its 10-year median of 0.39 and 78.1% below the Oil & Gas industry median of 1.05. Sinopec Shanghai Petrochemical Co's overall GF Score™ is 44/100 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 Sinopec Shanghai Petrochemical Co (SPTJF), the current Cyclically Adjusted PS Ratio is 0.23 as of Jul. 29, 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 Sinopec Shanghai Petrochemical Co (SPTJF) Overvalued in 2026?

Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co stock appears to be undervalued. The current stock price of $0.12 is trading 16.7% below its estimated GF Value™ of $0.15. GuruFocus considers Sinopec Shanghai Petrochemical Co to be Modestly Undervalued.

Key valuation signals for SPTJF:

  • Cyclically Adjusted PS Ratio: 0.23 (41% below median its 10-year median of 0.39)
  • GF Value™: $0.15 vs. price of $0.12 (16.7% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 78.1% below the Oil & Gas median (#160 of 707)

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


Sinopec Shanghai Petrochemical Co Business Description

Industry EnergyOil & Gas
Address No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Sinopec Shanghai Petrochemical Co Ltd is an integrated Chinese petrochemical company that mainly produces a broad range of petroleum products and chemical products through crude oil processing. The Group's reportable segments are: Petroleum products, Chemical products, Trading of petrochemical products, and Others. The majority of its revenue is generated from the Petroleum products segment, which is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas, and provides raw materials for the Group's downstream petrochemical processing facilities. Geographically, the Group derives maximum revenue from its business in the People's Republic of China (PRC).
44GF Score

Get the complete analysis for SPTJF

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

$0.12
Price
$0.15
GF Value