JinkoSolar Holding Co (STU:ZJS1) Cyclically Adjusted PS Ratio: 0.10 (As of Aug. 05, 2026) — 63% Below Median

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STU:ZJS1 JinkoSolar Holding Co Ltd STU:ZJS1
73 GF Score
Price €13.76
GF Value €17.06
Valuation Modestly Undervalued
! 7 Warning Signs
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What is JinkoSolar Holding Co Cyclically Adjusted PS Ratio?

JinkoSolar Holding Co STU:ZJS1 +1.18% 73 Cyclically Adjusted PS Ratio is 0.10 as of Aug. 05, 2026, which is 63% below its 10-year median of 0.27. GuruFocus rates STU:ZJS1 with a GF Score™ of 73/100 and a GF Value™ of €17.06 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 732 Semiconductors companies, JinkoSolar Holding Co ranks better than 97.95% on this metric.

As of today (2026-08-05), JinkoSolar Holding Co's current share price is €13.76. JinkoSolar Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €141.55. JinkoSolar Holding Co's Cyclically Adjusted PS Ratio for today is 0.10.

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

STU:ZJS1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.27   Max: 0.87
Current: 0.1

During the past years, JinkoSolar Holding Co's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.09. And the median was 0.27.

STU:ZJS1's Cyclically Adjusted PS Ratio is ranked better than
97.95% of 732 companies
in the Semiconductors industry
Industry Median: 2.83 vs STU:ZJS1: 0.10

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.

JinkoSolar Holding Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €29.355. 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 €141.55 for the trailing ten years ended in Mar. 2026.

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 0.50 0.36 0.27 0.16 0.16

JinkoSolar Holding Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 0.16 0.12 0.15 0.16 0.15

STU:ZJS1 vs ARRY, CSIQ, TOYO: 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
73GF Score
JinkoSolar Holding Co Ltd STU:ZJS1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.76/141.55
=0.10

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

For example, JinkoSolar Holding 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)
=29.355/116.3033*116.3033
=29.355

Current CPI (Mar. 2026) = 116.3033.

JinkoSolar Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 19.724 102.200 22.446
201606 23.099 101.400 26.494
201609 21.809 102.400 24.770
201612 21.948 102.600 24.879
201703 24.449 103.200 27.553
201706 32.006 103.100 36.105
201709 24.399 104.100 27.259
201712 24.200 104.500 26.933
201803 15.867 105.300 17.525
201806 20.370 104.900 22.584
201809 21.364 106.600 23.309
201812 25.139 106.500 27.453
201903 19.433 107.700 20.985
201906 21.295 107.700 22.996
201909 19.435 109.800 20.586
201912 27.553 111.200 28.817
202003 22.085 112.300 22.872
202006 23.850 110.400 25.125
202009 24.569 111.700 25.582
202012 26.140 111.500 27.266
202103 19.975 112.662 20.621
202106 21.427 111.769 22.296
202109 21.994 112.215 22.795
202112 44.242 113.108 45.492
202203 43.889 114.335 44.645
202206 53.809 114.558 54.629
202209 51.288 115.339 51.717
202212 77.071 115.116 77.866
202303 59.957 115.116 60.576
202306 70.731 114.558 71.809
202309 73.254 115.339 73.867
202312 71.736 114.781 72.687
202403 52.653 115.227 53.145
202406 58.706 114.781 59.485
202409 60.902 115.785 61.175
202412 52.532 114.893 53.177
202503 34.258 115.116 34.611
202509 36.912 115.471 37.178
202512 40.541 115.832 40.706
202603 29.355 116.303 29.355

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 0.10 mean?
JinkoSolar Holding Co (STU:ZJS1) has a Cyclically Adjusted PS Ratio of 0.10 as of Aug. 05, 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 JinkoSolar Holding Co and its competitors. This is 63% below median its historical median of 0.27. Over the past decade, JinkoSolar Holding Co's Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.87. According to the industry distribution chart, JinkoSolar Holding Co ranks #15 out of 732 companies in the Semiconductors industry, placing it in the top 2%.
Is JinkoSolar Holding Co's Cyclically Adjusted PS Ratio too high?
JinkoSolar Holding Co's current Cyclically Adjusted PS Ratio of 0.10 is 63% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.87. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.83. JinkoSolar Holding Co's value of 0.10 is 96.5% below this industry median. Based on the distribution chart, JinkoSolar Holding Co ranks #15 out of 732 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, JinkoSolar Holding Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JinkoSolar Holding Co's Cyclically Adjusted PS Ratio compare to ARRY and CSIQ?
According to the Semiconductors industry distribution chart, JinkoSolar Holding Co ranks #15 out of 732 companies for Cyclically Adjusted PS Ratio. This places JinkoSolar Holding Co in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.83. JinkoSolar Holding Co's value of 0.10 is 96.5% below this benchmark. Historically, JinkoSolar Holding Co's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.87 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 2.83, JinkoSolar Holding 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 a Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.83, based on 732 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. JinkoSolar Holding Co's current Cyclically Adjusted PS Ratio of 0.10 is 96.5% 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 JinkoSolar Holding Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JinkoSolar Holding Co's current Cyclically Adjusted PS Ratio is 0.10, which is 63% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JinkoSolar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, JinkoSolar Holding Co (STU:ZJS1) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.06, compared to a current price of €13.76 — trading 19.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.10, which is 63% below median its 10-year median of 0.27 and 96.5% below the Semiconductors industry median of 2.83. JinkoSolar Holding Co's overall GF Score™ is 73/100 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 JinkoSolar Holding Co (STU:ZJS1), the current Cyclically Adjusted PS Ratio is 0.10 as of Aug. 05, 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 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 €13.76 is trading 19.3% below its estimated GF Value™ of €17.06. GuruFocus considers JinkoSolar Holding Co to be Modestly Undervalued.

Key valuation signals for STU:ZJS1:

  • Cyclically Adjusted PS Ratio: 0.10 (63% below median its 10-year median of 0.27)
  • GF Value™: €17.06 vs. price of €13.76 (19.3% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 96.5% below the Semiconductors median (#15 of 732)

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.
73GF 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.

€13.76
Price
€17.06
GF Value