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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.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
SHSE:603698'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.59 Med: 0.64 Max: 1.34
Current: 0.72
During the past 13 years, the highest Price to Median PS Value of Changzheng Engineering Technology Co was 1.34. The lowest was 0.59. And the median was 0.64.
SHSE:603698's Price-to-Median-PS-Value is ranked better than 75.29% of 1024
companies
in the Construction industry
Industry Median: 1.09
vs SHSE:603698: 0.72
Changzheng Engineering Technology Co (SHSE:603698) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Changzheng Engineering Technology Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
21.83
/
30.28
=
0.72
* 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.
Changzheng Engineering Technology Co Median PS Value Related Terms
Changzheng Engineering Technology Co Median PS Value Historical Data
* 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.
Changzheng Engineering Technology Co Median PS Value Chart
SHSE:603698 vs PWR, FIX, EME: Median PS Value Comparison
For the Engineering & Construction subindustry, Changzheng Engineering Technology Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Changzheng Engineering Technology Co Price-to-Median-PS-Value vs Construction Industry
For the Construction industry and Industrials sector, Changzheng Engineering Technology Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Changzheng Engineering Technology Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.699.
Changzheng Engineering Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥8.186.
* 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.
Changzheng Engineering Technology Co (SHSE:603698) has a Median PS Value of ¥30.28 as of Aug. 03, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Changzheng Engineering Technology Co and its competitors. This is 4631% above median its historical median of 0.64. Over the past decade, Changzheng Engineering Technology Co's Median PS Value has ranged from 0.59 to 1.34. According to the industry distribution chart, Changzheng Engineering Technology Co ranks #253 out of 1024 companies in the Construction industry, placing it in the top 24.7%.
Is Changzheng Engineering Technology Co's Median PS Value too high?
Changzheng Engineering Technology Co's current Median PS Value of ¥30.28 is 4631% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.34. Based on the distribution chart, Changzheng Engineering Technology Co ranks #253 out of 1024 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Changzheng Engineering Technology Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzheng Engineering Technology Co's Median PS Value compare to PWR and FIX?
According to the Construction industry distribution chart, Changzheng Engineering Technology Co ranks #253 out of 1024 companies for Median PS Value. This places Changzheng Engineering Technology Co in the top 25% of its industry — outperforming the majority of peers. The industry median Median PS Value is 1.09. Historically, Changzheng Engineering Technology Co's own Median PS Value has ranged from 0.59 to 1.34 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Construction company?
The median Median PS Value among Construction companies is 1.09, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Changzheng Engineering Technology Co and its competitors. For the Construction industry, the median Median PS Value is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzheng Engineering Technology Co's current Median PS Value is ¥30.28, which is 4631% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzheng Engineering Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Changzheng Engineering Technology Co (SHSE:603698) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.18, compared to a current price of ¥21.83 — trading 19.7% below its estimated fair value. The current Median PS Value is ¥30.28, which is 4631% above median its 10-year median of 0.64. Changzheng Engineering Technology Co's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Changzheng Engineering Technology Co (SHSE:603698), the current Median PS Value is ¥30.28 as of Aug. 03, 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 Changzheng Engineering Technology Co (SHSE:603698) Overvalued in 2026?
Based on GuruFocus' analysis, Changzheng Engineering Technology Co stock appears to be undervalued.
The current stock price of ¥21.83 is trading 19.7% below its estimated GF Value™ of ¥27.18.
GuruFocus considers Changzheng Engineering Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:603698:
Median PS Value: ¥30.28 (4631% above median its 10-year median of 0.64)
GF Value™: ¥27.18 vs. price of ¥21.83 (19.7% below fair value)
No single metric tells the full story. See the SHSE:603698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzheng Engineering Technology Co Ltd is engaged in aerospace pulverized coal pressurized gasification technology. It specializes in the research and development, engineering design, technical services, complete equipment supply and general project contracting of coal gasification technology and key equipment.
86GF Score
Get the complete analysis for SHSE:603698
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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