JinkoSolar Holding Co (STU:ZJS1) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:ZJS1 JinkoSolar Holding Co Ltd STU:ZJS1
65 GF Score
Price €9.04
GF Value €14.25
Valuation Possible Value Trap
! 8 Warning Signs
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What is JinkoSolar Holding Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JinkoSolar Holding Co  (STU:ZJS1) 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.


JinkoSolar Holding Co Cyclically Adjusted PS Ratio Related Terms


JinkoSolar Holding Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JinkoSolar 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.

JinkoSolar Holding Co Cyclically Adjusted PS Ratio Chart

JinkoSolar 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 0.48 0.38 0.27 0.17 0.15

JinkoSolar Holding Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.12 0.14 0.15 0.14 0.10

STU:ZJS1 vs ARRY, CSIQ, SHLS: Cyclically Adjusted PS Ratio Comparison

For the Solar subindustry, JinkoSolar 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.


JinkoSolar Holding Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


STU:ZJS1
65GF Score
JinkoSolar Holding Co Ltd STU:ZJS1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JinkoSolar 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.

JinkoSolar Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, JinkoSolar Holding Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=29.537/116.0564*116.0564
=29.537

Current CPI (Jun. 2026) = 116.0564.

JinkoSolar Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.947 102.400 24.874
201612 21.758 102.600 24.612
201703 24.554 103.200 27.613
201706 32.242 103.100 36.294
201709 24.388 104.100 27.189
201712 24.246 104.500 26.927
201803 15.815 105.300 17.431
201806 20.248 104.900 22.401
201809 21.606 106.600 23.523
201812 24.943 106.500 27.181
201903 19.241 107.700 20.734
201906 21.654 107.700 23.334
201909 19.520 109.800 20.632
201912 27.527 111.200 28.729
202003 22.283 112.300 23.028
202006 24.366 110.400 25.614
202009 24.380 111.700 25.331
202012 26.321 111.500 27.397
202103 19.839 112.662 20.437
202106 21.313 111.769 22.131
202109 21.908 112.215 22.658
202112 43.578 113.108 44.714
202203 43.059 114.335 43.707
202206 54.104 114.558 54.812
202209 51.654 115.339 51.975
202212 76.469 115.116 77.094
202303 60.257 115.116 60.749
202306 71.873 114.558 72.813
202309 72.368 115.339 72.818
202312 78.480 114.781 79.352
202403 52.829 115.227 53.209
202406 58.798 114.781 59.451
202409 60.743 115.785 60.885
202412 52.419 114.893 52.950
202503 35.057 115.116 35.344
202506 42.094 114.907 42.515
202509 36.896 115.471 37.083
202512 40.516 115.832 40.594
202603 28.873 116.303 28.812
202606 29.537 116.056 29.537

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.

Is JinkoSolar Holding Co (STU:ZJS1) Overvalued in 2026?

Based on GuruFocus' analysis, JinkoSolar Holding Co stock appears to be undervalued. The current stock price of €9.04 is trading 36.6% below its estimated GF Value™ of €14.25. GuruFocus considers JinkoSolar Holding Co to be Possible Value Trap.

Key valuation signals for STU:ZJS1:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €14.25 vs. price of €9.04 (36.6% below fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the STU:ZJS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JinkoSolar Holding Co Business Description

Address 1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100
JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's products include Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), the Americas, Europe, Asia Pacific, and the Rest of the world.
65GF Score

Get the complete analysis for STU:ZJS1

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

€9.04
Price
€14.25
GF Value