TQLCF (Tianqi Lithium) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

TQLCF Tianqi Lithium Corp TQLCF
67 GF Score
Price $4.09
GF Value $2.90
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tianqi Lithium Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianqi Lithium  (OTCPK:TQLCF) 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.


Tianqi Lithium Cyclically Adjusted PS Ratio Related Terms


Tianqi Lithium Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tianqi Lithium'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.

Tianqi Lithium Cyclically Adjusted PS Ratio Chart

Tianqi Lithium 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 36.52 14.39 7.18 3.91 6.17

Tianqi Lithium 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 3.54 3.70 5.39 6.17 6.00

TQLCF vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Tianqi Lithium'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.


Tianqi Lithium Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianqi Lithium's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TQLCF
67GF Score
Tianqi Lithium Corp TQLCF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianqi Lithium 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.

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

For example, Tianqi Lithium'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)
=0.436/116.3033*116.3033
=0.436

Current CPI (Mar. 2026) = 116.3033.

Tianqi Lithium Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.107 101.400 0.123
201609 0.121 102.400 0.137
201612 0.124 102.600 0.141
201703 0.118 103.200 0.133
201706 0.147 103.100 0.166
201709 0.179 104.100 0.200
201712 0.172 104.500 0.191
201803 0.195 105.300 0.215
201806 0.185 104.900 0.205
201809 0.156 106.600 0.170
201812 0.188 106.500 0.205
201903 0.143 107.700 0.154
201906 0.132 107.700 0.143
201909 0.126 109.800 0.133
201912 0.130 111.200 0.136
202003 0.094 112.300 0.097
202006 0.086 110.400 0.091
202009 0.055 111.700 0.057
202012 0.083 111.500 0.087
202103 0.095 112.662 0.098
202106 0.161 111.769 0.168
202109 0.152 112.215 0.158
202112 0.401 113.108 0.412
202203 0.560 114.335 0.570
202206 0.915 114.558 0.929
202209 0.910 115.339 0.918
202212 1.380 115.116 1.394
202303 1.012 115.116 1.022
202306 1.137 114.558 1.154
202309 0.715 115.339 0.721
202312 0.610 114.781 0.618
202403 0.219 115.227 0.221
202406 0.323 114.781 0.327
202409 0.314 115.785 0.315
202412 0.250 114.893 0.253
202503 0.205 115.116 0.207
202506 0.191 114.907 0.193
202509 0.235 115.471 0.237
202512 0.246 115.832 0.247
202603 0.436 116.303 0.436

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 Tianqi Lithium (TQLCF) Overvalued in 2026?

Based on GuruFocus' analysis, Tianqi Lithium stock appears to be overvalued. The current stock price of $4.09 is trading 41% above its estimated GF Value™ of $2.90. GuruFocus considers Tianqi Lithium to be Significantly Overvalued.

Key valuation signals for TQLCF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $2.90 vs. price of $4.09 (41% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Tianqi Lithium Business Description

Address No. 166, Hongliang West 1st Street, Tianfu New District, Sichuan Province, Chengdu, CHN, 610299
Tianqi Lithium is a leading new energy materials company headquartered in Sichuan, China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that achieved 100% self-sufficiency and has fully vertically integrated lithium mines. The firm operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.
67GF Score

Get the complete analysis for TQLCF

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

$4.09
Price
$2.90
GF Value